Showing posts with label 2012. Show all posts
Showing posts with label 2012. Show all posts

Saturday, February 8, 2014

A Word About Mitt Romney...

 A great deal has been written about Mitt Romney over the last few years. Some good, some bad, some fair, some not.

My take on him is that he was a pretty successful moderate Republican Governor of a liberal state in Massachusetts. He was successful because was moderate. Once the presidential campaigns came in 2008 and 2012, Mr. Romney was forced, during the Republican primaries, to abandon his centrist stances and move hard to his right. So far to his right, in fact, that during the 2012 GOP primaries Mr. Romney chose to describe himself as "severely conservative," which most people just laughed about. Romney dropped out of the 2008 campaign and was soundly defeated by President Obama in 2012.

A small scene from the new documentary "Mitt" recently released by Netflix has made a bit of a splash.

"That's what I start with: 'Dad,'" [Mitt] Romney explained. "I always think about dad and about I am standing on his shoulders. I would not be there, there's no way I would be able to be running for president if dad hadn't done what dad did. He's the real deal..."
"You're the real deal," said one of Romney's sons.
Romney didn't pause. "The guy was born in Mexico. He didn't have a college degree. He became head of a car company and became a governor. It would have never entered my mind to be in politics, how can you go from his beginning to think, I can be head of a car company, I can run for governor, I can run for president?"
Romney wasn't finished. "The gap --- for me, I started where he ended up. I started off with money and education, Harvard Business School, Harvard Law School. For me it's moving that far" --- Romney held two fingers close together --- "For him, it's like that," Romney said, holding his arms wide apart.

I interpret these remarks as Mitt paying respect to his father for his accomplishments and enabling the younger Romney to have a life of privilege and a head start in life. I truly don't think he's a bad guy. I think he's severely out of touch. I think that he chosen to expound on this theme, while acknowledging that most people don't start with the advantages he did, he would've come across in a different, less detached, light. This could have served to temper somewhat his "47% comments." In a totally different reality, he would've used the story above, with some modified policies toward the poor and minorities, etc. never saying the 47% thing at all and who knows? Maybe a closer race, maybe a different outcome. 

Friday, March 22, 2013

What Might've Been? Gingrich/Santorum? Santorum/Gingrich?

Business Week posts an interesting story, "The Secret Gingrich-Santorum 'Unity Ticket' That Nearly Toppled Romney" that looks back at a potential 3rd ticket that came very close to becoming a reality in the last election.

An excerpt:

The discussions between the two camps commenced in early February, just after Gingrich got trounced in Florida. Brabender called members of the Gingrich brain trust, hoping they could persuade Gingrich to drop out and endorse Santorum, who was rising in the polls. “I’ll tell you this,” says Brabender, “If Gingrich had dropped out at the right time, Santorum would have been the nominee.” Brabender wasn’t short on moxie: He wanted Gingrich to declare in the middle of a nationally televised debate that he was dropping out and endorsing Santorum. “I couldn’t write an ad to match the political theater that would have created,” he says. 

There's always a chance that a Gingrich/Santorum team might've caught fire and won the hearts, minds and votes of the electorate, but I don't see how it  would've achieved the ultimate goal of defeating the incumbent President Obama. Mitt Romney ran to the left of both Gingrich and Santorum, and despite that relative moderate centrism that had hopefully connected with the independents last Fall but didn't really, and failed. How a more conservative ticket would've somehow won over the centrist votes Romney failed to, defies logic. They wouldn't have.

A Gingrich/Santorum ticket would've been sweet, sweet music to the Obama campaign, trust me. A splintered opposition would've siphoned off considerable votes from Romney and almost none from Obama. As decisive as the Obama victory was last November, had the above scenario every become reality, Obama would've won in an absolute landslide.

Ultimately this idea failed, in part at least, due to the inability of either Gingrich or Santorum to agree to be the other guys running mate. The degree with which either man was so out of touch as to not realize the certain doom that awaited such an ego-driven move. Hard to imagine, eh?

Read the full article here: "The Secret Gingrich-Santorum 'Unity Ticket' That Nearly Toppled Romney"

Saturday, December 22, 2012

We get the point...

Interesting headline over at the Huffpo:

TO LIVE AND DIE IN AMERICA

3 Shot And Killed In Mich... 18-Year-Old Shot Multiple Times, Dies... Man Kills Wife, Teen, Himself... Man Shoots, Kills Own Son... Cops Shoot Teen Dead...Man Gunned Down In Parking Lot... 5 Dead In Spate Of Shootings... 2 Murdered In Philly... 2 Kansas Cops Shot Dead... Shooter Killed... 4 Die In Apparent Murder-Suicide... Ga. Cop Dies From Gunshot... Argument Leads Teen To Shoot Friend... Man Shot To Death... Teen Dies After Being Tied Up, Shot... Man Shot Dead In Street... Drug Deal Leads To Shooting Death... Mother Of 2 Killed In Road Rage Shooting... Man Shoots, Kills Intruder... 1 Killed In Coney Island...Man Dies From Gunshot Wounds... Cops Investigate Gun Death... Shooting Victim's Body Found On Bike Trail... Man Charged With Shooting Own Brother Dead... Man Dies After Being Shot In Chest... Body Of Shooting Victim Found In Pickup... Teen Arrested For Robbery Shooting Death... Man Carrying 2-Year-Old Son Shot Dead... Man Fatally Shot Near Home... Parolee Dies In Shooting... 1 Killed In Buffalo Shooting... Man Shot Dead In Apartment Complex... Street Gun Battle Kills Grandma Bystander... Man, Woman Dead In Apparent Murder-Suicide... Woman Shot Dead By Intruder... 14-Year-Old Arrested Over Fatal Gun Attack... Man Found Shot Dead In Parking Lot... Woman Shot In Face By Ex-Boyfriend... 1 Woman, 3 Men Shot Dead... 2 Die In Attempted Robbery... Army Reservist Shot To Death In Alley... Man Shot To Death In Bodega... 2 Shot Dead In Burned House... Man Shot During Break-In... Man Fatally Shot... 20-Year-Old Gunned Down... Man Shoots Self During Police Pursuit... 1 Killed In Baltimore Shooting... Cops ID Shooting Victim... 60-Year-Old Man Shot Dead... Shot Man's Body Found In Vacant House.... Woman Shot And Killed Outside Her Home...Shooting Victim Was 'Trying To Turn Life Around'... Slain Shooting Victim Found In Street.... Driving Altercation Leads To Shooting, 1 Dies... 3-Year-Old Dies In Accidental Shooting... Man Turns Self In After Allegedly Shooting Wife... Man Shot Dead Outside Home... 3 Slain In Separate New Orleans Shootings... Cops Investigate Shooting Death... Man Shot Dead In Ohio... Teen Shot To Death... Man Dies After Being Shot Multiple Times... Man Charged Over Son's Shooting Death... Cops Find 2 Men Shot Dead... 1 Dies In Shooting... Man Charged Over Gun Killing... 1 Shot Dead In Confrontation... Man Charged With Murder Over Shooting... Motel-Owner Shot And Killed... Husband Shoots Estranged Wife Dead... Suspect Arrested Over Deputy's Shooting Death... Police Probe Fatal Shooting... Cops Kill 2 Suspects In 3 Shooting Deaths... Man Killed Fighting Back Against Robber... Man Killed In Home Invasion.... Nightclub Shooting Kills 1... Child Brain Dead After Drive By Shooting... Man Charged Over Shooting Of Ex-Wife... Body Found In Vacant House... Teen Fatally Shot...

Wednesday, December 19, 2012

Barack Obama: TIME Magazine's "Person of the Year 2012"

 TIME magazine has chosen President Barack Obama as its 2012 "person of the year." Managing Editor Richard Stengel said, "There has been much talk of the coalition of the ascendant — young people, minorities, Hispanics, college-educated women — and in winning re-election, Obama showed that these fast-growing groups are not only the future but also the present." In the final field of three were Apple CEO Tim Cook and Malala Yousafzai, the Pakistani blogger killed by a Taliban militant. President Obama won a second term after defeating Republican nominee Mitt Romney in the November election. 

You can read Mr. Stengel's explanation of why President Obama won the award here...and additional coverage from Michael Scherer here...



Sources: 

http://poy.time.com/2012/12/19/the-choice/


http://poy.time.com/2012/12/19/person-of-the-year-barack-obama/

Saturday, November 10, 2012

Politico Playbook: Mike Allen with David Axelrod...

Great post-election victory interview from Politico's Mike Allen with David Axelrod, long time President Obama confidant and advisor.

To the question of President Obama's first debate performance:

AXELROD: “I can't evaluate what was going through his head. I will say this: He worked hard. He read voluminously. He would read these big, thick briefing books on Romney, and he'd send back a memo with 40 questions, which reflected the degree of his  review. He got very granular. So it wasn't as if he was throwing the books away and putting his feet up on his desk and watching ESPN. He was working at it. ... I suspect, to some degree he succumbed to the same kind of trap that I would say most presidents do. ... He kind of showed up for a discussion, and Romney showed for a debate. The President was answering questions as if he was on ‘Meet the Press,’ and Romney was delivering his material, and he was going to deliver his material no matter what happened. There is a performance element to these debates. It may seem contrived, it may be awkward, but it's just what it calls for. It's not ‘Meet the Press.’”

Regardless of who you supported, its an interesting look behind the scenes of Obama's re-election bid.

Read it all here:


Sources:  http://www.politico.com/playbook/?hp=l6

Wednesday, November 7, 2012

Wayne Allyn Root: Predicted Landslide Win for who???


Wayne Allyn Root is a successful business man who's worn several hats in his career. His website site, "rootforamerica.com" describes as a "Capitalist Evangelist, Entrepreneur, Former Vice Presidential Nominee, Media Personality, Business Speaker and Best Selling Author." Quite the resume. He also attended Columbia University the same time President Barack Obama did, although Root says he has no recollection of meeting or seeing him.

He's also a sport handicapper, which I suppose gave him the idea that he could make a keen prediction on the 2012 Presidential Election between incumbent Barack Obama and challenger Mitt Romney.

His first public prediction on the race came back in December 2011, when he predicted Mitt Romney would win the GOP Primary and go on to win the Presidency. Root turned out correct that Romney would win the Republican nomination, so we tip our hat to him on that one. Some might argue that Romney was the most attractive passenger on the GOP clown car and winning that race shouldn't be taken too seriously.

Nonetheless, after the primaries were over in the Spring of 2012, Root again announced his prediction that Romney would beat Barack Obama come November. As recently as October 9th, 2012, Root doubled down on his belief that Romney would defeat President Obama in a "landslide."

Root cited several reasons why he felt this way. He felt the polls were utterly wrong and skewed toward Democrats. He felt that the media wasn't reporting a "mass revulsion" towards Obama across the country, even in some hard core Democratic areas like Massachusetts and Illinois. He claimed that since there were more Republican Governors in power today than there were in 2008, that this would also boost Romney. He cited the changes in electoral vote distribution would benefit states that generally lean Republican.

Mr. Root also felt Romney held a decisive advantage financially over President Obama saying, "What matters is that in 2008 Obama overwhelmed McCain by out-spending him 10 to 1 down the stretch. That won’t happen in 2012. Romney is even, or can out-spend Obama, in the last 2 weeks of the election. That makes a huge difference in the outcome." 

Another advantage for Mr. Romney would be the Christian vote, citing the long lines at Chic-fil-A's earlier this year and the perception that Obama has offended Christians one too many times.

He also explains that since voter's in 2012 have been purged of felons and illegals, Democratic turnout will be down as a result. Root asks, "...What kind of political party relies on felons and people illegally in the country to win elections?"

Finally, he feels that the undecided voters traditionally break for the challenger, in this case, Mr. Romney. In closing, Wayne Allyn Root writes, "This is Carter/Reagan all over again. The same horrible economy. The same economically ignorant fool in the White House bringing misery to Americans. The same economic collapse under the weight of socialist, pro union, soak the rich, demonize the business owners, policies.  

I predict the same result on election day. Mitt Romney in a landslide."

________________________________________________________________________

I first heard of Wayne Allyn Root several weeks ago while engaged in a political discussion on facebook. My counterpart suggested my faith in polls and especially Nate Silver's forecasting was unwise. Foolish. Stupid.

You get the idea...

After our conversation ended, I wrote down Mr. Root's name. I wanted to remember to follow up after the election. Just how close would he come with his prediction of a Romney landslide?

Let's take a look...

Total Votes: 

Obama-60,652,149 popular votes
Romney-57, 810, 390 popular votes (Not included are the results from Florida, where Obama holds about a 47 thousand vote lead over Romney.)

Electoral Votes: 

Obama-332 (Including 29 EV's from Florida)
Romney-206


Nate Silver's forecast: 

50 out of 50 States called correctly...

Mr. Root is an interesting and enterprising man. He is ambitious and diverse in his ventures. He was NOT very good at predicting this year's presidential election. He blew it and wasn't remotely close to an accurate prediction. 

I also have to smile when I think back to that conversation where I was ridiculed for choosing Silver's math over Root's gut. I haven't heard from my conversation partner since the election ended. Nor do I expect to. 










President Obama Wins Re-election, Some thoughts...


As I write this, its several hours since the major news organisations and networks called today's election for incumbent Barack Obama. I'm still shocked at the way the evening went, with one State after another falling as Nate Silver predicted they would, for the President. The long drawn out drama that was predicted never really came.

I'm being told that Obama crushed challenger Mitt Romney with minorities, single women and young people. It makes sense. Tonight almost seemed easy for the President.

What was a surprise was the number of other races that went in the Democrats favor. Elizabeth Warren defeating Scott Brown in Massachusetts. Claire McKaskill defeating Todd Akin in Missouri. Allan West losing in Florida. Tim Kaine winning in Virginia. Joe Donnelly winning in Indiana. Joe the Plumber losing in Ohio. Sherrod Brown winning in Ohio. Allan Grayson winning in Florida. Same sex marriage passing in two states. Etc...Even Michelle Bachmann had to fight for her life to save her House seat.

As bad as the 2010 mid-terms were for Democrats, 2012 seems to be almost as bad for the Republicans. Many of my conservative friends predicted a major landslide given President Obama's record. They were, of course, wrong. Completely wrong.

While I congratulate Mr. Obama on winning a second term, I see storm clouds ahead. A split Congress and not enough seats in the Senate to stop a filibuster. The fiscal cliff is looming and expected to be pushed into next year. I don't sense that any of the GOP leaders want to cooperate, regardless of tonight's outcome.

Speaking of the GOP, they'd better start re-branding their image fast. You can't alienate those groups I mentioned above. Well, you can, but you do so at your own peril. In four more years, hundreds of thousands of older voting Americans will have passed away. Voters who usually voted Conservative. Replaced by a like number of, based on demographic information we know, younger voters who are mostly minorities. Minorities voted for Obama in dramatic numbers...again. The GOP has to pick at least one specific group, and start a serious courtship. Soon. I'd suggest Hispanics and Latinos. Build the next 20 years of your party around that group and Marco Rubio.

If you don't, its not hypebole to suggest that the Republican Party as we know it today, will be little more than footnote going forward.

I am very pleased that Mr. Obama won re-election. Mostly due to the now secure implementation of the Affordable Care Act. It somehow seems as if justice has been served. Four more years of adult, responsible leadership for America.

To those who are upset that Mitt Romney lost, you have some thinking to do. A subject which I'll have more to say about later.


Tuesday, November 6, 2012

I voted...observations...

My voting experience...

6:45-pulled into the voting location for Precinct #53, Concord South Central in Troy, OH. Parking lot was overflowing, my estimate is that between 75-100 cars were parked in the lot, the grass and curb side...

6:50-walked into polling place. Saw roughly 70-80 voters and poll workers inside the Concord Township building. I checked in at the greeters table and reported promptly to line #3...I was 4th in line at this table.

6:57-gave my name and driver's license to the nice lady behind the table. She authenticated my information and had me sign in, and then told me to slide over to the next station.

6:59-a different nice lady cross-checked me off of her rolls and handed me my electronic voting card.

7:01-got in line behind five others waiting for a voting machine to become available..There were three stations, with eight Diebold voting machines each for a maximum of 24 voters casting their ballots at any given time.

7:09-stepped up to my machine, fed my card in, made my selections, and completed my voting process.

7:12-returned my card to the volunteers, got my voting sticker and left.

7:15-Pulled out of the parking lot, 30 minutes on the dot from when I pulled in.

There were no observers from what I could tell. As far as electioneering, there was a single middle aged man  standing by a flag and offering Republican voting guides. Everyone seemed to be ignoring him.




Monday, November 5, 2012

We're losing our minds, election eve edition...


Well, its almost here...

As I expected social media, facebook, twitter is approaching a critical mass. White hot, polar opposite rhetoric wars raging for most of the evening that in the end, don't mean a damn thing. The far right crowd is having a seizure and the far left crowd is already cooking up voter suppression plot lines. I doubt members of either group will sleep well tonight.

Mathematically, it certainly looks pretty good for Barack Obama to serve another four years in the White House. That's just fine by me. I don't think Mitt Romney is a bad guy, he's just not what I want. If he wins, we'll be ok. I'm worried about healthcare and the cost of possessing an over-sized military, but it'll be dealt with eventually.

I view the electorate as a bell shaped curve. Most people are in the middle, far fewer are on the edges. I want to say a few things to the fringe groups.

To the far left: 

Calm the hell down, you haven't won anything yet. If Obama wins, we're still going to have big problems to deal with and he's going to have to find a way to work with Congress. Yes, it takes two to tango, but he'll need to do more. Those of you who think that anyone who disagrees with your way of thinking is racist should be quiet. Every once in a while, yes, you run across a bigot, but that's not usually the case. Moving forward, you can't refuse to cut any entitlement program ever. Period. The pain has to be spread around, in a smart worthwhile way. If Obama wins, no strutting. We don't strut...

To the far right: 

As a slightly left of center person, I've had many memorable run-ins with the far right folks. Most are fine and just have a different opinion than I do on most things. Then there are the lunatic fringe elements. The kind that are SURE Obama's the worst POTUS ever, a socialist, a Muslim, a Kenyan, etc...You folks need to learn some manners. I've never heard such a stream of hatefilled, bigoted, racist, ignorant bullshit than I have from this loud but hopefully small subset of the conservative population. So many of you nutjobs are so sure Obama won't be re-elected, I'm looking forward to what happens to the "anyone but Obama crowd" types if he does win.Your rejection of most things science or math based is frightening to the rest of us. You're an embarrassment to most of us. Your ability to pivot to different issues when your argument gets shredded is as impressive as it is annoying. Regardless on who wins tomorrow, the rest of us would like to say just one thing to you.

Shut the fuck up, the rest of us are really tired of your crap...

To everyone: 

If you really think your side has all the right answers, well, get a grip, will ya? Neither Party has exclusive rights to good ideas and it will take solid ideas and leadership from both sides to make the progress we need to on our national problems. Politics as a team sport doesn't do much for our country. Cable news channels, talk radio and the book business, perhaps but the average Joe or Jane six pack don't benefit from Sean Hannity or Ed Schultz making some guest or caller look like a baffoon.

Sunday, November 4, 2012

Presidential Election Prediction...


I think President Obama will win a second term.

I think it will be a close margin of victory in the popular vote, I expect a margin of less than 1.75%

I think Mr. Obama will win the Electoral College by a larger margin, I suspect in the (+) 50-70 range over Mitt Romney's total electoral count.

I base this on the approach many forecasters such as Nate Silver of the 538 Blog and Sam Wong of the Princeton Election Consortium. We don't elect our President ever four years by a straight national vote. We essentially have fifty separate State elections, which then (usually) yields enough electoral votes, 270 being required, to determine the winner.

While the national polls look very close, too close to call in fact, the State polls are far more revealing. No one will be surprised if Obama wins California or if Romney wins Texas. So we don't spend a lot of time studying those states. Our time is better served and a clearer picture of what may happen on Tuesday comes from looking at the battleground state polls. In short, I'll defer to Mr. Silver in Friday's 538 column:

Friday’s polling should make it easy to discern why Mr. Obama has the Electoral College advantage. There were 22 polls of swing states published Friday. Of these, Mr. Obama led in 19 polls, and two showed a tie. Mitt Romney led in just one of the surveys, a Mason-Dixon poll of Florida.

Unless all the State polls are biased and under-estimating Mr. Romney's chances, it doesn't look good for seeing a Republican in the White House anytime soon. 

I will acknowledge a warped sense of respect for much of the far right who has been using white hot rhetoric, often in lieu of factual information, in their case against President Obama. Its been tempting for me to lower my expectations for this election, especially given my location here in Southwest Ohio. In the end though, what I see daily in this part of the country is being addressed in the state polls and ultimately, I don't think, will make a difference. 


Saturday, November 3, 2012

Special Mitt Romney Statement Just Released...

(Editor's note: Republican Presidential nominee Mitt Romney has released the following statement...)

Good evening...

With less than 90 hours to go until the polls open on election day, I've take some time after my speech earlier today to reflect on where my campaign is. There's been some things troubling me and I can't remain silent any longer. I have to speak. I have to speak now.

For most of my political career, I've been a moderate. That approach served me well up until the GOP primaries. It was pointed out to me in very clear terms that if I wanted to get support and donations from conservatives, I'd have to convince them that I actually was one of them. I agreed to move to the right on virtually everything. I wasn't wild about it, but there seemed no other way. Hence my "severe conservative" remarks...

I've had to abandon many of the moderate positions I'd taken earlier on my career on everything from climate change, same sex marriage, women's rights and healthcare. It's been difficult arguing the other side of these cases for the last few months. I've also been too quiet on some of the offensive remarks and attacks aimed at my opponent, President Obama. President Obama is a good, decent American Christian who has shown all of us the value of tolerance. His first term has been at worst, a modest success.

I say here and now, I was wrong to change my stance to appeal to the hard core conservatives. I apologize to my wife, my children, my friends, supporters and contributors. When considering someone for the highest office in the land, you not only have every right to explore their character, you have a duty. I changed my stance on these issues and others in order to try and become President. I justified it by telling myself that once I was in office, I could soften my stances and lead from a more moderate position. With the odds of me winning next Tuesday looking worse by the day, I've decided to come clean. Put it all out there, warts and all for the American people to decide if Mitt Romney, the real Mitt Romney, is worth another look.

There will be some changes made, effective immediately that effect my campaign...

First, I've asked Paul Ryan to step down as my Vice President candidate. He has agreed and will now focus on his House race in Wisconsin. Paul is a bright shining star that we will hear great things from someday, but I want to replace him with the man who was my first choice, Jon Huntsman. Jon is an expert at foreign affairs and has a high knowledge level. Our relationship with China will be integral over the next several years and I want Jon's expertise close at hand. Plus, he has a great record of business development that we'll also need to tap into as we rebuild our economy.

Second, I realize the importance of Bi-Partisanship in Congress. We, as a team must work to do the work of the People we represent. As a gesture of my determination of leading a different kind of Congress, I've decided that there are certain Republicans running for office currently that really have no interest in reaching across the aisle. Two come to mind. Congressman Eric Cantor of Virginia and Michelle Bachmann of Minnesota. Both have voiced an intention of staying inflexible with their ideas and party agenda. While I think holding fast to your values is important, compromise is essential to good productive governance. As proof that I'm serious about Congress working together, this evening I've donated one million dollars to each of their opponents. It may cost me some votes, but if I wind up as President, I want people working with me who are open to some semblance of give and take.

Thirdly, a few words about the hard shift to the right that my party has taken in recent years. We've gone too far. Our principles of small government, prudent fiscal policy and a strong military aren't wrong. They're absolutely right. However, when we demonize those who have different ideas, we're wrong. Reasonable people can disagree. They ought not be ridiculed or characterized as un-american, dangerous or anything else. I also ask the media, on all sides and yes that means Fox News and MSNBC, to cool it with the over-heated rhetoric. It doesn't help anything.

A Romney/Huntsman team has years of successful experience in growing jobs, plus we offer proven management skills and foreign policy credentials. We'll work with Congress to reduce the size of Government, while maintaining our important social safety net. The Affordable Care Act will continue to be the law of the land, but we'll have serious tort reform legislation introduced at the next session of Congress. While its already in the law, tonight Jon and I pledge that we will get our health insurance from the same pool of coverage options that all federal workers have available to them. We will look for opportunities to make the ACA as business-friendly as possible. We'll work on reforming our tax codes, both personal income and corporate level taxes. We'll propose serious immigration reform by our 3rd year in office. We'll also target a balanced approach toward deficit reduction.

As crazy as it sounds, I still ask for your vote. I've been a problem solver all my adult life. There are problems...big ones we all face together over the next several years. I feel confident that I can lead the United States in a better direction. If you agree with me and want a different direction and leadership team in the White House, please consider voting for me.

Thank You,

God Bless America

Mitt Romney
11/03/12

(Ok, so Mitt Romney didn't really issue this statement, but one has to wonder if he had a few months ago, what would the race look like now?)


Wednesday, October 31, 2012

The Ghost That Isn't There...

I don't believe in ghosts.

I don't believe in monsters under the bed.

I do believe in facts that can be proven.

There's a lot of things in life that we hear, read or are told that we shouldn't believe. The idea of why falsehoods are passed along is a complex one and not a riddle I've yet solved. At least completely.

Falsehoods are a sort of lie or deception. They come in all sizes, shapes and can be about just about anything. In this election season people are worked up, pissed off and anxious that "their guy" might not win next Tuesday. Some people, from both sides, are downright paranoid about what will happen if "the other guy" wins. Its best to tune those voices out, I think. They're not usually open to any kind of mental compromise. Their candidate is good and will save the Country, your candidate is evil and will destroy the Country. Blah-blah-blah...

The campaigns, advertisers and special interest groups all know how to construct an evocative message. Its easy to combine the right script, the right actor, the right production values, music, lighting, etc. Sometimes ads tell the truth, sometimes they don't. Sometimes they split the difference and leave it up to the viewer to decide on their own.

Have you seen this commercial from Billionaire Thomas Peterffy?




Mr. Peterffy is a success. Born in Budapest, Hungary during World War II, not satisfied with living in a Communist Country, he came to the Unites States in 1965, learned how to program computers and also consulted various Wall Street companies. Eventually starting his own electronic trading firm, which grew rapidly and made Mr. Peterffy, a very wealthy man. A success story, income level and lifestyle that all would've been impossible in his native country.

Mr. Peterffy raised a family, sent his kids to college and has been very generous with his wealth. Forbes magazine estimates his net worth at $4.6 Billion. Bloomberg says his net worth is closer to $7.6 Billion. Regardless, he's quite wealthy. In 2007, he and his partners sold a small 10% slice of his company in an initial public offering. Within five years, his company had grown. In the first half of 2012, his company made a profit of over $585 Million on revenues of $1.36 billion in sales. While the stock price has fallen almost 50% since they went public in 2007, the money has kept pouring in for Mr. Peterffy.

In his commercial, which he paid for out of his own pocket and cost between $5-$10 million to run on several centrist and left leaning television networks, he expresses a concern that America is basically losing her way and according to Peterffy, in danger of becoming a modern day version of his homeland, except this time under some sort of Socialist rule. Caused in large part, by the anti-rich attitude of the Obama Administration. While he mentions no candidate by name in his ad, he does implore the viewer to vote Republican. He has contributed to several Republican campaigns in recent years including Mitt Romney, Scott Brown, Linda McMahon and John Boehner.

He feels the wealthy have been attacked unfairly, presumably by President Obama; "I’ve paid $1.9 billion in taxes in my lifetime, now I am being told that I am not contributing my fair share?" Peterffy said. 

$1.9 Billion in taxes over a lifetime is a chunk, no matter how you slice it.

Let's get back to some things that aren't there, shall we? 

The tax rate for the highest income bracket is 35% and has been at that level since 2003. President Obama has not suggested increasing that amount.* The highest tax rate for corporate income is 39% and has been at that level since 1987. Mr. Obama has proposed the highest rate be dropped to 28% .

The meme that President Obama is out to raise all of our taxes and drag us into some Socialist utopia is laughable. He's not. 

Mr. Peterffy has done quite well for himself. He is a great example of the American Dream in action. But Mr. Peterffy's concerns ring hollow when faced with the facts. To paint such a dramatic picture and evoke such imagery from a harsh time in the world's history is obviously a very effective way to communicate his message: Vote Republican. That's what he wants us to do. Before our glorious country is betrayed into an alternate way of life. 

He's an old man. He built his own business from nothing. He deserves respect. He is a poster child for what we've boasted about in terms of what America can do for anyone if they work hard enough. But he is more than that. He is a business man. A capitalist. An opportunist. And, if he has his way, a manipulator. 

Peterffy's commercial is a sales pitch. Nothing more, nothing less. He's willing to use his success as a means of frightening his viewers. And they will, because to reject what this self made man has to say is an anathema to most people. With his credentials, he can put forth this scary story about a ghost under our beds and we'll believe it. Sadly, its as much con job as anything else. 

Taxes are lower than at any time in the last 30 years... 
Obama proposes a lowered maximum corporate tax rate of 28% after twenty five years of 39%...
"Obamacare" is a massive stimulus program for private market health insurers and drug companies...
Most of the monies used to bail out the US auto industry have been paid back...
Regulations on Wall Street are too weak to prevent another meltdown...
President Obama appointed two long time Wall Street insiders to his financial team, (Geithner and Summers)...
Candidate Obama's biggest donors included no less than five Wall Street firms...

Mr. Peterffy, I salute your success. Your success has enriched this Country and we have both benefited from your being here. I wish you hadn't made this commercial, Sir. The "scary thing" you're suggesting to your viewers that's hiding under the bed isn't there. It isn't and you know its not there. To use your own success in some sort of con is wrong. To tell a group of people a thing when you know it to be flawed in its premise is fundamentally wrong. It was wrong when the Russians tried to tell you that Communism was the best form of Government. It is wrong for you to tell your fellow citizens that we're in danger of losing of fundamental form of government. 

There's no ghosts or monsters coming to get us.

Nor are there any Socialists coming, either...


*Correction: A reader correctly points out that President Obama has proposed raising taxes on those who earn more than $250K per yr., specifically that amount above $250k, that would be taxed at a tiered rate of either 36% or 39.6%, which would revert back to their pre-2001 levels. (Currently, the top two tiers are 33% and 35%.)


Sources:

http://www.businessweek.com/news/2012-10-16/billionaire-peterffy-says-1-dot-9-billion-taxes-support-poor

http://politicalticker.blogs.cnn.com/2012/10/10/rich-worried-and-buying-ad-time/

http://www.ntu.org/tax-basics/history-of-federal-individual-1.html

http://taxfoundation.org/article/federal-corporate-income-tax-rates-income-years-1909-2012

http://www.factcheck.org/2012/07/tax-facts-lowest-rates-in-30-years/

http://online.wsj.com/article/SB10001424052970204131004577237771704513042.html

http://reason.com/blog/2012/02/13/ira-stoll-on-how-obamacare-is-a-boon-to

http://www.opensecrets.org/pres08/contrib.php?cid=N00009638&cycle=2008




Sunday, October 28, 2012

Why Barack Obama Deserves a 2nd Term...


On November 6th, I'll be voting for Barack Obama to serve a second term as President of the United States.

It is with some reservations I do so.

Ideologically, I routinely find myself most closely aligned with Jill Stein, candidate for the Green Party. Mr. Obama usually fares no better than second in most online surveys I've taken to see which candidate most closely matches my priorities. If I lived in a state other than the one I do reside in, Ohio-I might well vote for Ms. Stein. However, as I do not want to see Mitt Romney become President, my vote and interests are best served by voting for Mr. Obama in what should be a fairly close race in  the Buckeye State. I know full well that no third party candidate has any chance whatsoever of winning and this is not the time or the place to make a purely symbolic gesture with my ballot.

That said, at the end of the day and given the lack of a viable alternative, its a fairly simple call to support Barack Obama.

Areas of Support: 

The Economy
is,  by many measures, improved over where it was when President Obama took office. Where the country was losing more than 800,000 jobs a month in early 2008, we have seen steady and consistent positive job growth for thirty straight months. Likewise, the GDP growth rate has shown positive for the last 13 months, after negative growth in five of Obama's first six months in office. The Balance of Trade figures since early 2008 show a modest improvement in the import/export ratios. Both Business and Consumer Confidence data shows steady improvement since the early days of this administration. After twenty straight months of negative US Industrial Production, we've seen thirty-three months of positive production numbers. Consumer Spending data also shows a steady increase since April of 2009. US Retail Sales have also grown since a record low in December of 2008. Personal bankruptcies have fallen every month for the last two years. The Stock Market, after hitting a low of around 7000 in early 2009, has risen to its second highest level of all time.

Clearly a work in progress, its hard to argue that the under-pinnings of the economy aren't fairly strong. The Obama administration freely admits there is more work to be done and if re-elected, hopefully an improved level of cooperation from Congress could facilitate a quickened rate of improvement on many of the above metrics. The overall unemployment rate of 7.9% is the lowest since President Obama took office, but its nothing to gloat about. Unless you compare the United States to European Union countries such as France, Italy and the United Kingdom, (not to mention Greece) which are all in worse shape than we find ourselves. Its important to keep in mind there's a global financial crisis currently in progress and for all our troubles, there are other places which aren't doing nearly as well as we are.

Auto Industry Bailout: Another decision made by President Obama that provided a positive effect on the economy. While Mr. Romney said "we should let Detroit go bankrupt," even conservative financial publications like "The Economist," tipped their hat to the Administration on the bailout, saying, "Given the panic that gripped private purse-strings," the magazine wrote in an editorial. "It is more likely that GM would have been liquidated, sending a cascade of destruction through the supply chain on which its rivals, too, depended." With the knowledge that government intervention in business for any reasons is rejected as over-reach by some, Obama pressed on regardless of the opposition. The industry now enjoys aggressive hiring, expansion and profits, which to me, indicate a good and right call.

Fiscal Issues: I support Mr. Obama's balanced plan of $2.50 of spending reductions in exchange for $1.00 of new revenues. This "I'll tell you how I get it to work after the election" doesn't work for me. Various independent tax organizations have evaluated the Mitt Romney tax plan and concluded it doesn't work for them either. I support President Obama's approach of keeping taxes low for the middle and lower classes, while asking the wealthiest among us to pitch in a little more, similar to the tax rates of the Clinton era. I also support his intentions of rewriting the entire tax code, including business taxes. Simplify the code, reduce loopholes and incentivize corporations to repatriate their operation back on the mainland.

Supreme Court Impact: The next President may get to nominate as many as two new Supreme Court Justices in their four years in office. The most likely Justice to resign is Ruth Bader Ginsburg, who is 78 and has had a variety of fairly serious health issues in recent years. Usually considered a liberal leaning justice, she  will likely resign her office should Obama win a second term so a like-minded replacement can be nominated. If Mitt Romney wins, Ginsberg may consider trying to stick around until the 2016 presidential election with hopes of a Democratic victory before she vacates her seat. Again, her health issues will likely determine her course of action. The other Justice likely to leave could be Anthony Kennedy, considered a "swing vote" on the Court. Appointed by President Reagan, Kennedy may time his departure to coincide with a Republican Administration to set up a like-minded replacement if not a more conservative mind.

Two issues likely headed to the Court over the next few years will be Roe V. Wade and the Defense of  Marriage. If Justice Ginsberg leaves, I anticipate a fairly normal nomination process to find her replacement. If Justice Kennedy leaves as well, I suspect his replacement process will be anything but normal. Given my support of Roe V. Wade the over-turning of DOMA, my interests would be best served by a second term for Mr. Obama.

Health Care: My position is well-known to readers of Reasonable Conversation. I support the Affordable Care Act and look forward to its full implementation over the next few years. On a moral level, (I consider access to affordable basic health care/insurance a right, not a privilege,) on a selfish level, (I want my children to be able to stay on my health care plan as long as they can,) and on a fiscal level, (health care costs have been rising at a dangerous rate for a long time now-we must chart a different course quickly.) The ACA is the best path forward. Mr. Romney intentions are to repeal and replace the ACA on his first day, which is impossible if the Democrats hold onto the Senate. He can, however through the granting of waivers and such begin to weaken the ACA rather quickly. Not only would it create a level of chaos across the country  as people wondered what would or would not be covered any more, the insurance companies who would again be tasked with trying to modify its policies once again. Finally, no one really knows what he would replace it with.

Education: The "race to the top" program implemented by this Administration has proven to be both effective and cost friendly. Utilizing a traditional Republican approach encouraging local schools to figure out what works best for them, rather than a Federally imposed "cookie-cutter" approach, results have been encouraging. I also like the expansion of Pell Grants and increasing the role of Community Colleges going forward. As the Father of three daughters, two out of high school and one a senior, this resonates strongly with me and my wife.

Leadership: While I'll soon criticize Mr. Obama for his mysteriously half-hearted attempt at defending his health reform efforts, I give the him high marks for showing great flexibility in the construction of the ACA. Refusing to allow the supporters of a single payer plan so much as a seat at the table during committee hearings, the elimination of any "public option" in the final draft of the Bill and the use of a long time Republican idea, the individual mandate to ensure personal responsibility, all showed me that the President was very willing to respect Republican wishes and utilize traditionally preferred Republican methods in implementing health care reform. Its not Mr. Obama's fault the loyal opposition refused to cooperate on virtually anything related to health care. Understanding that support would not be forthcoming from the other Party, he was smart to work on healthcare reform when he did. Even with full control of the Congress, albeit for only four short months, it was a herculean task to get it through. Even though he knew it would be hotly contested and quickly burn up his election capital, the President pushed forth anyway. Rather than proceed with a safer agenda, Obama went for healthcare with full knowledge that by doing so he may have cost himself a second term in the White House. Not to mention the inclusion of traditional infrastructure work programs i.e. construction jobs for roads, bridges, etc., in his Jobs Act, which are long standing investments that the Republican Party has consistently enacted. (Except this time...) While some excited types like to suggest that our President has pursued a "radical, left-wing agenda," its difficult for me understand the sudden reversal on supporting long standing republican idea as anything but pure politics and obstructionism.

Mixed Feelings:  

Foreign Policy: I give the President high marks for reaching out to the Muslim world as he did early in his Administration. I also approve of a more deliberate way of working with Israel than we'd seen in the past. To be clear, there's no doubt through words and deeds, Mr. Obama believes in a strong alliance with Israel. His "chilly" relationship with their Prime Minister, Binyamin Netanyahu, doesn't bother me. On the big things, I see them on the same page. Regardless of how we feel about any ally of ours, American interests come first and if Mr. Obama serves to pull the Prime Minister in a less hawkish direction, frankly both countries may benefit long term. I disagreed with his decision to "surge" additional troops into Afghanistan, as its clear to me the "mission" is rife with problems and precious few solutions. Pakistan is another problem needing to be dealt with.

National Security: Obama deserves credit for his role in bringing Osama Bin Laden to justice. He deserves credit for saving American lives by an increased use of drone technology, a topic I'm conflicted on as I'll discuss shortly. Al Qaeda has been greatly damaged by this Administration's policies, yet still capable of inflicting damage. I'm concerned with the issue of the attack on our Consulate in Banghazi, which saw four Americans murdered. Given the timing of the event, on the anniversary of the 9/11 attacks on America, I'm curious why greater security measures weren't in effect. There's still much to understand about this tragedy, of course. Obama deserves high marks for his coalition building resulting in buckling sanctions on Iran. Its telling, however, how much the Obama foreign policy strategy resembles the Bush strategies. Another example of how this President has attempted to govern with a moderate hand.

Disappointments:

National Defense Authorization Act: The list of reservations I have about re-electing Barack Obama President includes his signing of the National Defense Authorization Act (NDAA) which I think potentially reduces our rights to due process and sets up indefinite detention with no burden of official charges being filed. While President Obama is on record stating that he will only use these expanded powers against those who would do us harm, I'm not comfortable with ANY President having powers such as these.

Questionable Appointees in the Treasury/Economic team: Also on the list of concerns is President Obama's choices for key leadership in our Treasury department, especially Tim Geithner, Secretary of the Treasury and Larry Summers, Director of the White House National Economic Council. Geithner had a prominent role in the Lehman Brothers bankruptcy, which some felt contributed to the overall global financial crisis of 2008. Geithner also had some personal income tax issues, which brought negative publicity to the Obama Administration. Summers signed off on an investment while President of Harvard which resulted in a loss of roughly a billion dollars. A former hedge fund director, Summers has a history with several Wall Street firms and to then see him as a major player representing the Federal Government, let's just say more than one set of eyebrows were raised. It strikes me as odd that President Obama would tap two long time Wall Street insiders to work on Wall Street reform which wound up, not surprisingly, less than what we probably needed.

Social Issues: As the candidate of "hope and change" in 2008, Mr. Obama wasn't exactly leading the charge on many social reforms in his first few years. Gay rights, drug reform (medical marijuana use), immigration reform, gun control (not even a gesture to revisit an automatic weapons ban), campaign reform and immigration were all areas many expected him to flex his Presidential muscles on, which never transpired. True, he did finally get around to "coming out" for gay marriage, but it seemed more of a campaign device to ramp up his base as opposed to a pressing moral goal. In his defense, he did instruct his Justice Department to not pursue any Defense of Marriage cases, (DOMA,) which he deserves some credit for. This strategy of backing off most of these social issues had a demoralizing effect on the base, which may cost Mr. Obama a second term if we see turnout light on election day.

Drones: President Obama's use of drones overseas, especially in Pakistan, is also a concern. While the reduction of risk to the lives of American military personnel is highly desirable, too many innocent civilians have been injured or killed in the many attacks this Administration have ordered. Some reports suggest that upwards of 700 innocent injuries/casualties have happened through the use of drones. My concern is that to be dropping bombs on sovereign nations doesn't do much to improve foreign relations around the world and certainly not in the Middle East. Its a matter of time until Countries we don't like gain access to these weapons and begin to use them on us. I'll admit I'm torn on this issue. I like the reduced risk to our guys, but the collateral damage and deaths we're causing in countries we haven't received permission to drop them in I think is a real issue that we'll have to answer for one day.

The Environment: Despite his constant mentioning of a "green friendly" agenda, the President basically punted on any "Cap and Trade" legislation. I understand the politics of it and that it just didn't make the cut given his priorities, but we still expected something meaningful in this area.

Housing/Mortgage Relief: Federal programs intended to provide relief to distressed home owners have been poorly communicated, under-utilized, and mostly ineffective.

Poor Salesmanship/Communication: The last major reservation I have is related to President Obama's public defense of his administration's goals and legislative achievements. The President has been far too timid in defending his health care reform as well as other programs. We knew early on that the Republican party wanted no part in helping this President achieve a landmark piece of healthcare reform legislation. The push-back from the GOP, conservatives in general and the media, came fast and relentlessly. We waited for the White House to defend itself and its reform to no avail. What finally came whimpering out of the Oval office was a weak, wandering and unfocused rebuttal. Rather than use his political capital to educate and re-assure the American People on what the Affordable Care Act was and wasn't, the Obama team barely fought back at all and as a result, lost the messaging war. There were no billboards, television ads, radio ads, mailings, etc. until the damage had been done. The avalanche of criticism from the right on everything from "big government takeover of healthcare" to "death panels" tainted the entire effort. The lack of defense from Mr. Obama, I think, allowed the ridicule and hyperbole to grow unabated, which reflected poorly on the White House. The office of the Presidency deserved a heartier defense of the ACA. When you have a bully pulpit-you should use it assertively, not apologetically.

SUMMARY:

Barack Obama has not been everything we hoped he would be. He has been a steadying influence in some ways, a divisive figure in others. He has disappointed both Progressives for not being liberal enough, while at the same time, enraged a subset of Conservatives for being a radical, socialist leaning President. Both groups can bitch all they want, but America still maps out politically as a bell curve and most voters aren't members of either group. Healthcare insurance for everyone via a massive expansion of private insurers is probably the exact sweet spot in these times. Some will say he blew the advantages he held as he entered office by not pushing a more progressive agenda. Other will say he has been too radical. In the end, Barack Obama is a mostly moderate, slightly left leaning President. Which, given the times, seems to be the type of leader we can best utilize right now. If Mitt Romney had run as the moderate most consider him to really be, and perhaps selected another like-minded moderate such as Jon Huntsman, my decision would've been much, much harder. Since we didn't get that version of Romney, but rather the "severe conservative" model, there's no serious consideration for supporting the Romney/Ryan ticket.

In the end, President Obama isn't as great as many wanted him to be, nor remotely as evil/anti-American as others suggest he is. I want to see how Mr. Obama leads America for the next four years. In my opinion, he's the best choice for my family, my business and my Country.


Sources:

http://www.tradingeconomics.com/united-states/unemployment-rate

http://www.bls.gov/fls/intl_unemployment_rates_monthly.htm#Rchart1

http://www.politifact.com/truth-o-meter/article/2012/sep/06/did-obama-save-us-automobile-industry/

http://the-american-catholic.com/2012/02/28/assessing-potential-supreme-court-vacancies/


http://www.jillstein.org/issues

http://www.aclu.org/indefinite-detention-endless-worldwide-war-and-2012-national-defense-authorization-act

http://en.wikipedia.org/wiki/Timothy_Geithner

http://en.wikipedia.org/wiki/Lawrence_Summers#Losses_on_financial_derivatives

http://en.wikipedia.org/wiki/DOMA#Obama_administration

http://en.wikipedia.org/wiki/Drone_strikes_in_Pakistan