Inherit the Economy

Whoever the next President of the United States is, he’s going to inherit a financial sector that’s on the ropes.  It will not have tanked because of him personally, either of them, but he’ll have to deal with it.

I remember when Kerry was campaigning against Bush.  Democrats were all over the media, early in the campaign, saying that we’d lost jobs under Bush, which was true.  What they hoped you had forgotten was that the economy was already heading downward in the quarter or two before Bush even go to move in to the White House, and they utterly ignored the hit our economy took after 9/11.  ("Never forget" indeed.) 

Frankly, I think the President has less affect on the economy than most people think.  The best he can ever do is make conditions better for the people to grow the economy.  Anything else is a short-term band-aid that could at least give little long-term benefit or at worst give us its unintended consequences. 

Rod Dreher thinks that conservatives who think that McCain won the latest debate are all wrong. He trumps polls which show Obama as the victor and he links to John Podhoretz as support. Podhoretz states,

The general feeling on the right side of the blogosphere is that this was McCain’s best debate and he did himself a lot of good. I think people on the Right were so relieved that the debate finally turned to matters of ideological and partisan moment — abortion, ACORN, Ayers, trade, spending — that, perhaps for the first time in his political career, they graded him on a curve. The problem, in my view, is that the shorthand in which McCain spoke about these matters made them comprehensible only to those of us who are already schooled in them. In almost every case, Obama answered McCain’s shorthand with longhand — with detailed, even long-winded answers that gave the distinct impression he was more in command of the details of these charges than the man who was trying to go after him on them.

We’re not the audience for these debates. Undecided voters are, and undecided voters are, or so studies tell us, often astonishingly ill-informed. You can only bring up new issues if you’re able pithily to explain the context and meaning of them. It is not a rap on McCain to say he’s not good at it; he doesn’t want to bother with the introduction. But in a setting like that, the introduction is what matters, far more than the attack.

I think there’s something inherently wrong with Podhoretz’ reasoning, though.

Consider the… undecided voter. I think there are both informed and ill-informed undecided voters. I know of people who have not decided who they will vote for precisely because they are aware (informed) of both McCain’s and Obama’s positions. They’re frustrated with the choices (or lack thereof) before them, and their frustration manifests itself in the form of indecision.

Now, consider the astonishingly ill-informed undecided voters. If such people are so astonishingly ill-informed, then such people have not put forth the effort to follow the candidates, and their positions. Thus, if such people have not taken the effort to become informed, up to this point in the campaign, then why should we expect that they will park themselves in front of a television and watch a 90 minute debate? Furthermore, if such people can only respond to pithily explained positions, then long-winded answers will be lost on them. Hence, such people will only respond to short campaign ads, the likes of which we will undoubtedly see in the next 2 1/2 weeks.

Not Stupid, Not Evil
So What?

Where do we get when we come to a place where we’ve established and believe that the “other side” isn’t stupid or evil. It seems that one of the results holding that as an axiom, is that identification of who agrees with “your view” of things is the sort of person whom you might support, and that this is in fact as (or possibly) more important than competence in a political standpoint. Thus the team urgency and loyalty we see by, for example, GOP vs Democrat actually makes far more logical sense than one might think. It isn’t the same as “team loyalty” to a particular football or baseball team. You support and have political loyalty to a party which “speaks your language”, and in doing so assures you that their train of logic and their conception of the good in government is shared by you. Alsdair MacIntyre in Whose Justice? Which Rationality? writes in some length about how hard it is for those who do not share essential assumptions on the fundamental concerns defining the Good and the rational to communicate. So often those who do not share your assumptions don’t make sense. It is hard to understand why the “other” arrives at the conclusions that they do, and more often than not, we fall back on the (erroneous) assumption that the other is merely deluded, stupid, or intentionally malefic. Read the rest of this entry

The Final Presidential Debate

Short take: McCain finally started hitting on the policy issues that he was missing in the first 2 debates.  Mostly, he took on some of Obama’s mischaracterizations of him.  He should have started this 2 debates ago.  I felt better about his performance, but the quick poll of undecideds on Fox showed movement toward Obama.

Random items:

* The "even Fox News" line from Obama shows how much a blind spot Democrats have for rampant liberal bias in the media.  And if this is his only shot at them, it only proves they are indeed balanced.

* "Joe the Plumber", Joe Wurzelbacher, got about 60 minutes of fame, well more than his allotted 15.  Folks that don’t read the blogs may not have known who he is (though the networks have wanted to make sure you know about that 106-year-old nun who’s voting for Obama), but McCain made sure he got the word out.  Hopefully, they’ll find out that this small business owner is going to get taxed more under Obama, and that "infuriates" him.  Maybe they’ll find the video of Obama telling him he wants to "spread the wealth around" (translation: From each according to his ability, to each according to his need).  Hopefully.

* Obama still insists that 95% of people will get a tax cut, ignoring the fact that many people pay no taxes at all.  And as a conservative pundit noted (forget which one), Bill Clinton campaigned on a middle class tax cut.  Amnesia set in as soon as he sat down in the Oval Office.

* Finally, McCain drove the point home that he wants to give you choice over your healthcare, and not introduce a federal bureaucracy into the mix.  Obama’s plan may sound modest enough, but it’s the foot in the door for an even bigger program.  "This worked, so let’s make it bigger and stronger."  That’s what happens to government programs.  McCain’s plan stops at giving you a credit and letting you spend it with no federal mandate whatsoever.  He avoids the slippery slope. 

And now, the home stretch.

Things Heard: e37v4

Making A Stand Against “Stupid or Evil”

If we are to honestly engage and discover the “other” side, political, economic, religious, or one of the other measures by which our society is divided one thing has to be set aside, which alas is hard to do. It is easy to decide that the “other” side are stupid or evil, and they are by and large no more stupid nor evil than any other side of the fray, with of course a few obvious exceptions. From my comments yesterday,

I believe that the truest measure of a society is how they treat those who are least able to defend and to speak for themselves.

How a Republican could say that with a straight face is beyond me.

“Bravely fighting for tax cuts for the rich” would be a little more… true.

The Democrats, the progressives, and the GOP all share concern for the poor and “those who are least able to defend and speak for themselves”. It is true, on both sides, there are stupid people and there are evil people. And one can likely argue endlessly about which side has a smidgen more of which and which particular individuals are stupid or evil. Read the rest of this entry

Now We Know Where Hell Is

"Devil Is in Bailout’s Details" – Wall Street Journal

A Change in Foreign Policy?

Jesse Jackson, not a spokesman for Obama but one who certainly believes he knows what’s coming, spoke about key foreign policy changes he sees in an Obama administration.

He promised "fundamental changes" in US foreign policy – saying America must "heal wounds" it has caused to other nations, revive its alliances and apologize for the "arrogance of the Bush administration."

The most important change would occur in the Middle East, where "decades of putting Israel’s interests first" would end.

Jackson believes that, although "Zionists who have controlled American policy for decades" remain strong, they’ll lose a great deal of their clout when Barack Obama enters the White House.

First, let’s talk about "first", as in the US "putting Israel’s interests first".  First in front of whom, ours?  Hasn’t been that was so far.  First in front of the myriad countries in the Middle East who have been attacking, or supporting attacks on, Israel?  Well sure, but our alliance with a well-functioning democracy — the best in the region — against aggressor nations and gangs is, I would think, a good thing. 

I guess the main question would be; which country or countries would get boosted?  The Palestinians?  The folks who vote in terrorist organizations to run their government and lob rockets virtually daily into civilian Israeli towns?  The ones who, while living in Israel, get the right to vote and all?  The ones who, when given land for peace, use that land for launching attacks?  Yeah, apparently them.

Jackson is especially critical of President Bush’s approach to the Israel-Palestine conflict.

"Bush was so afraid of a snafu and of upsetting Israel that he gave the whole thing a miss," Jackson says. "Barack will change that," because, as long as the Palestinians haven’t seen justice, the Middle East will "remain a source of danger to us all."

If we’d just wipe Israel off the map, like Hamas wants, we’d all be much safer.  Yeah, right.

Second, about those alliances allegedly needing reviving.  I think Jackson has believed the media reports that we went into Iraq "unilaterally".  A browsing of Wikipedia will dispel that misnomer.  Granted, the US has had the vast majority of troops there, but we had more to contribute.  Much like the widow’s mite, it’s not so much the absolute amount contributed as it is the sort of sacrifice it may be.  You’ll find listed a number of countries freed from Soviet domination when we won the Cold War.  You’ll find quite a diverse collection of nationalities, all in support of the US and its policy in Iraq. 

You won’t find France on there.  That’s because they decided to work with Iraq, under the table and subverting the sanctions, for their own economic gain.  When the shooting started, however, they slinked away and waited it out.  Yeah, that’s the kind of country I want in my alliance.  Revive us today, indeed, Obama.

So our foreign policy may indeed look quite different than it does today, but that’s not necessarily a better thing.  Since the Iraq war, many countries (including, just last night, Canada and, interestingly, France) have shifted to the right politically.  Zaptero’s Spain tried appeasing terrorism by pulling out of Iraq after a change in administrations, but the Madrid bombings happened anyway.  The world has nudged slightly toward the right, and where it hasn’t, in hopes of avoiding confrontation, it’s been hounded by the bad guys anyway. 

The world is beginning to see what George W. Bush saw, but unfortunately the United States apparently doesn’t.

  • Quotes on living a Holy life.
  • Is this where the Ayers/Obama/Wright connection is leading? … and a question for those supporting Mr Obama, why does he not support the hidden ballot for unions?
  • On weeping with Erkenwald.
  • This is sweeping through the Christian blogs, it and similar posts are quite common all appearing yesterday.
  • Pro-choice, pro-abortion … the term examined further. Contra the “against abortion, don’t have one”, we find “Against wife-beating? Don’t beat yours.” or “Against rape? Don’t assault anyone.” or “Against murder? Don’t kill anyone.” or “Against slavery? Don’t own one.”
  • Some interesting thoughts on Mr Obama.
  • Some math games.

How’s that "Socialist Utopia" Thing Working, Hugo?

Not so well, it appears.  For starters, it’s a much more dangerous place to live in.

Venezuela now has more murders than Colombia – despite its neighbour being officially at war against Marxist guerillas.

Venezuela endures 48 murders for every 100,000 people each year. Britain, by contrast, has 2 per 100,000.

In Caracas the official rate is 130 per 100,000, a number which the Investigative Institute of Co-existence and Citizen Security, a think thank dedicated to the study of crime, insists is closer to 166, making Caracas twice as dangerous as Cape Town.

And the US rate is between 5 and 6 per 100,000.  So much for the "utopia" part.  Chavez, of course, blames the US.

And then there’s this, regarding Venezuela’s oil output.  Apparently, state planning isn’t all that efficient.  And apparently, bribing other countries with cheap oil is backfiring as well.

The state oil company, PDVSA, produced 3.2 million barrels per day in 1998, the year before Mr Chavez won the presidency. After a decade of rising corruption and inefficiency, daily output has now fallen to 2.4 million barrels, according to OPEC figures. About half of this oil is now delivered at a discount to Mr Chavez’s friends around Latin America. The 18 nations in his "Petrocaribe" club, founded in 2005, pay Venezuela only 30 per cent of the market price within 90 days, with rest in instalments spread over 25 years.

The other half – 1.2 million barrels per day – goes to America, Venezuela’s only genuinely paying customer.

Meanwhile, Mr Chavez has given PDVSA countless new tasks. "The new PDVSA is central to the social battle for the advance of our country," said Rafael Ramirez, the company’s president and the minister for petroleum. "We have worked to convert PDVSA into a key element for the social battle."

The company now grows food after Mr Chavez’s price controls emptied supermarket shelves of products like milk and eggs. Another branch produces furniture and domestic appliances in an effort to stem the flow of imports. What PDVSA seems unable to do is produce more oil.

The irony here is that Chavez routinely demonizes the United States, but without us he’d be just another tin pot despot, and his people would be much, much worse off than they are, which isn’t all that great.  So much for the "socialist" part.

Things Heard: e37v2

On Your Personal Jesus

One of the common notions of this age, especially as compared to others in the past, is the supremacy of the individual. That is to say, that notion that oneself is the final and best arbiter of what is best for oneself is dominant. Many if not most of our community has sufficient ignorance of history and the changes in culture that have occurred in the past century or two that by and large there is rampant ignorance that this is in fact a radical departure from the past. While it is a common trite saying that those who forget the past, are doomed to repeat it. It is also the case that those who forget the past can’t understand which choices they make are better or worse than those of prior ages. One might suggest that those who are unaware of the past, will believe anything they do as better than before, alas without any knowledge of whether that is indeed the case or not.
Read the rest of this entry

A Pleasant Irony

I find it wonderful to see, printed on our money, "In God We Trust."

Just a thought for these economic time.

Same-Sex Marriage and the Influence of Government

Connecticut now has same-sex marriage due to legislative action judicial fiat.  One 4-to-3 ruling, rather than the voice of the people, has brought it to that state.  One more reason why seeking constitutional amendments to stop this isn’t some overreaction; it’s the playing field the Left is using.  You could argue, possibly correctly, that the citizens would likely vote for this anyway, but that’s not the point at all.  They should say so themselves; not have their minds read.

Now, if you believe that homosexuality is wrong, but figure that allowing homosexuals to marry each other doesn’t really affect anything, studies in Europe and the US are showing that you get more of behavior you encourage.

An accumulation of research from around the world finds that societies which endorse homosexual behavior increase the prevalence of homosexuality in those societies. The legalization of same-sex marriage—which is being considered by voters in several U.S. states—is the ultimate in societal endorsement and will result in more individuals living a homosexual lifestyle.

Extensive research from Sweden, Finland, Denmark, and the United States reveals that homosexuality is primarily environmentally induced. Specifically, social and/or family factors, as well as permissive environments which affirm homosexuality, play major environmental roles in the development of homosexual behavior.

In essence, society’s norms and, in this case, state regulations have a bigger influence on homosexual behavior than even genetics.

But first, it should be noted that although the Swedish and Finnish twin studies are among the best to date, they still have wide margins of error. In fact, the margins of error are so wide it remains entirely possible that genetic factors play no role in the development of homosexuality. That remains to be determined, but what has been resolved is that the primary factor in the development of homosexuality is environmental.

(Emphasis in original.)  Read the whole thing for further details and the conclusion. 

Things Heard: e37v1

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