Category: Media

A Washington Pundit Uses the “L” Word

And I don’t mean in a conversation about Rachael Maddow’s new job at MSNBC.*

I mean that Jonathan Alter just called John McCain a liar

His final graph:

But when he resorts to these kinds of falsehoods, and casts such aspersions on his opponent’s patriotism, John McCain is no longer putting his country first. If he were, he would recognize that the interests of the nation require a relatively truthful campaign. To fulfill his image of himself, McCain should stop lying about his opponent. For a man with his claims to honor and integrity, that’s not too much to ask.

This is a word that you never see in political writing. Ever.

I’m beginning to think that the sick old man is losing his base, the Beltway pundits…..Please make this so.

*No offense intended toward the talent Ms. Maddow. She has been out, and proud, for years.

John Sidney McCain III: Wrong on Everything

I’m not sure what surprises me more, that someone in the press said this, that it came from the Startlegram (Fort Worth Star-Telegram my paper when I lived in Arlington, TX), or that the people who wrote this are senior members of the conservative CATO institute, which is heavily funded by the usual suspects, including Richard Mellon Scaife, but Ted Galen Carpenter and Malou Innocent get it completely when they say that , “Indeed, the record indicates that McCain’s own judgment is alarmingly bad.

They describe him as a, “Clear and present danger in the Oval Office.”

I’m wondering if conservatives are starting to tiptoe for the exits regarding the sick old man.

Nouriel Roubini Gets Profiled in the NY Times

They call him Dr. Doom.

It’s a rather nice profile of Dr. Roubini, though I agree with Paul Krugman that his prediction of a housing crash was hardly unique, and that they missed what was special about his predictions, that there would be as Krugman says, “there would be large “knock-on” effects from the bursting bubble on the financial system”, i.e. the credit crunch as we are currently experiencing it.

Interestingly enough, it looks like the crisis will exceed Roubini’s most pessimistic projections, which is kind of scary.

Howard Dean Makes “Gaffe”

One wonders if this “slip” in an interview is a Freudian slip, or intentional:

If you look at folks of color, even women, they’re more successful in the Democratic Party than they are in the white, uh, excuse me, in the (chuckles) Republican Party, because we just give more opportunity to folks who are hard-working people who are immigrants and come from members of minority groups.

I’m hoping intentional.

In either case, I’m Matthew Saroff, and I approve of Chairman Dean’s message.

Wanker of the Day: Cokie Roberts

For saying that Barack Obama is somehow elitist for going to Hawaii, where his grandmother lives.

I spent 10 of my first 18 years on the west coast. Hawaii is not an exotic vacation location….It’s firmly middlebrow…Unless, of course, you think that going outside the DC beltway is a long trip.

Hawaii’s Congressional delegation weighed in too:

The comments, received a lot of backlash from Hawaii’s representatives in Washington.

“She’s a bit of a fool that’s the only thing you can say,” said Rep. Neil Abercrombie. ” Don’t forget Cokie Roberts and the whole Washington crowd live in a kind of an incestuous relationship to one another, they talk to one another, they see one another, they know nothing about ordinary people.”

In a statement, Senator Daniel Akaka said calling Hawaii “foreign” does a disservice to the hardworking patriotic Americans who call Hawaii home.

(emphasis mine)

I rather imagine that Senator Daniel Inouye, who lost his arm serving this country, did not have a quote suitable for publication.

Obama Campaign Uses “L” Word

Finally. The Obama has used the word “lie” to describe McCain’s latest ad.

People in Washington hate the term, but who cares, the electorate appreciates “straight talk.”

From Obama spokesperson Hari Sevugan:

This ad is a lie, and it’s part of the old, tired politics of a party in Washington that has run out of ideas and run out of steam. Even though a host of independent, nonpartisan organizations have said this attack isn’t true, Senator McCain continues to lie about Senator Obama’s plan to give 95% of all families a tax cut of $1,000, and not raise taxes for those making under $250,000 a single dime. The reason so many families are hurting today is because we’ve had eight years of failed Bush policies that Senator McCain wants to continue for another four, and that’s what Barack Obama will change as President.

The Sick Old Man Can No Longer Hold His Own With the Press

It appears that McCain’s press availabilities are becoming severely limited.

Truth be told, part of this may be the Rove protégés, who like to be tough to the point of vindictiveness to the press, but I’ve seen seeming awfully confused lately, and I’m beginning to wonder if he’s not on the far slope of some sort of dementia.

He’s not even doing regular press conferences now.

In either case, the press has had its feelings hurt.

Economics Update

Well, the jobless numbers came out, and they suck. The weekly numbers rose by 7,000 to 455,000, a 6 year high, when predictions were for a drop to 433K, and the 4 week moving average, which is less noisy, rose to 419,500, a 5 year high.

At least our misery has company, with the ECB holding rates steady, saying that “risks to economic growth were starting to materialize”, which is a signal that Euro zone rates will remain steady.

Of course, our relentlessly optimistic financial press has to try to make s%$# into Shinola in housing, where they are touting a 5.3% month to month gain, which as Barry Ritholtz so eloquently notes, this is unmitigated crap, and driven by seasonal differences more than anything else, and the numbers are down year over year.

Additionally, we do not know how many of these are short sales in lieu of foreclosure.

We also have retail experiencing major suckitude now that the rebate checks have run out. To the degree that people are spending any more, it’s on necessities, and they are running up their credit cards to do this, because the banks are cutting back on HELOCs.

Meanwhile, oil rose on supply concerns after Kurdish rebels blew up a Turkish pipeline, though gasoline is down for the 21st straight day.

In the world of insurance, the largest US insurer, American International Group wrote down more than $11 billion in holdings, and is making noises about selling more shares to raise capital.

Debate Moderators Announced

And it’s mostly the usual suspicts, which is to say at least half of them should not be doing this.

First presidential debate
Friday, September 26
The University of Mississippi, Oxford, Miss.
Jim Lehrer
Executive Editor and Anchor, The NewsHour, PBS

He’s impartial, but he does not call out lies, he just has two people on with opposing view points.

Vice presidential debate
Thursday, October 2
Washington University in St. Louis, Mo.
Gwen Ifill
Senior Correspondent, The NewsHour, and Moderator and Managing Editor, Washington Week, PBS

Rumored to be Condi Rice’s girlfriend.

Second presidential debate (town meeting)
Tuesday, October 7
Belmont University, Nashville, Tenn.
Tom Brokaw
Special Correspondent, NBC News

No real comment from me.

Third presidential debate
Wednesday, October 15
Hofstra University, Hempstead, N.Y.
Bob Schieffer
CBS News Chief Washington Correspondent, and Host, Face the Nation

Personal friend of GW Bush, and his brother has been appointed to a couple of ambassador positions by GW Bush.

McCain Campaign in the Last Throws

John Sidney McCain’s strength has always been that the press loves him.

The press loves him because he gives them access, and he spends a lot of time sucking up to him.

Well, it now appears that the McCain campaign is restricting access to the press.

I’m not sure if they are simply unprepared, or if McCain can no longer handle the give and take, he increasingly seems confused on the campaign trail, but in either case, if the press does not grade McCain on a friendly curve, he will fail.