29 October 2008

All the news that's fit to withhold?

The L.A. Times admits to having a videotape that might portray The O in a negative light to many who are unfamiliar with his politics as they pertain to Israel. Since the time that this fact achieved public prominence earlier this week, they have refused to release the tape, and McCain has wasted untold amounts of breath attempting to publicly shame them into doing so. It's a strategy that won't work for numerous reasons, not the least of which is that the Times claims that its reporter made an agreement with the source that provided the videotape and background for the article based on the tape back in April that he would not release the videotape. Whether such an agreement was/is in place is irrelevant; the burden of proof would be on the accuser to show that such an agreement wasn't in place.

Much as it pains me to admit it, the agreement's a pretty solid journalistic reason for the Times not to release the tape. If I were McCain, and inclined to waste my breath pining for things that won't come to pass, I'd be calling on The O instead to encourage the source to allow the tape to be released. That is, unless The O is aware of something on the tape that We the People might not understand or overlook.

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Better yet, maybe McCain could call on The O to condemn the Halloween display in which Gov. Palin is hung in effigy, since the vast majority of women's groups aren't going to defend her given how irrelevant she makes them. Mama was right, as always: Shameless is as shameless does. (BTW, I'm aware that there are now effigies of Obama being hung in other parts of the country due to the unwillingness of authorities to classify the Palin effigy as a hate crime. Doing the same thing as an idiot and simply changing the face still makes you an idiot.)

But I have promises to keep...

Unless you're The O. While it may be too little, too late, at least someone in the MSM (outside of FOX News) has decided to call him on his failure to keep the promise he made regarding accepting and working within the limits of public financing for his Presidential campaign. Campbell Brown at CNN delivered this commentary during her show last night -- spot on, but in the end, probably inconsequential.

Now, if you'll excuse me, I'm going back to the CNN site to stare at the lovely (and brave) Ms. Brown some more.

28 October 2008

Marx My Words

How much more corroborating evidence do We the People need to see to accept that The O is a Marxist-Socialist, despite his protestations otherwise? Forget the "spread the wealth around" comment that made an instant celebrity out of Joe the Plumber. Forget the discovery of the 2001 interview with Chicago Public Radio in which The O laments that the civil rights movement didn't sufficiently utilize the courts to achieve redistributive change. Forget even the association with Bill Ayers and Bernadette Dohrn, both card-carrying Marxists. Those are merely the manifestations of the underlying disease, one that he seemingly brags about in recounting his undergraduate days in the first of his memoirs, "Dreams from My Father":

"To avoid being mistaken for a sellout, I chose my friends carefully. The more politically active black students. The foreign students. The Chicanos. The Marxist professors and structural feminists."

Not exactly a Who's Who of conservatism, for sure. But what does it say about this person that he was so conscious of how he was perceived by others whose opinion of him was significant to him that he was compelled to choose his friends "carefully?" Even more telling, the conglomeration whose good opinion he sought were the most radical, way-beyond-liberal folks he could find. This tells me that The O isn't merely dabbling in some form of Marxism-Socialism now, as a child or young adult might experiment with different styles or personalities or affiliations; instead, this extreme radicalism is a strongly internalized worldview that he has cultivated for most, if not all, of his life.

At what point are We the People going to rise up against the Obamatrons and other assorted sheeple and say, "Enough is enough! You're not fit to lead this country!" For all of our sakes, it had better be soon.

The most unkindest cut of all...

...is a cut that's not really a cut. In this excellent analysis of what The O has (and hasn't) said about tax cuts, Ned Barnett at AmericanThinker.com posits that The O's plan, if enacted, actually provides for four tax increases for We the People who have the poor fortune to earn less than $250K per year (otherwise known as the Arbitrary Richness Threshold, or ART). At the risk of oversimplifying Barnett's work (as a small business owner, he brings a unique and relevant perspective to the issue), here are the four tax increases he identifies:

The O has:

1. Promised to allow the Bush tax cuts to expire. He parses his words carefully and explains that allowing the tax cuts to expire isn't the same as a tax increase, irrespective of the fact that the tax rates to which we would revert are higher. I'm not sure my wallet and my bank account are sophisticated enough to appreciate the difference between the two; all I know is that, at my family's income level, we will pay an additional $3,000+ in taxes, and we don't make anywhere the ART.

2. Proposed lifting the current cap on Social Security payroll taxes, which currently limits the tax to 12.4% on the first $94,700 of an unmarried individual's earnings. Half of this tax is paid by employers and half by employees. As employers' costs in this area increase, they will react by either (a) reducing payroll, or (b) passing the cost along to consumers.

3. Proposed increasing the capital gains tax from 15% to 20%, a full 1/3 increase. He continues to pitch this increase as a tax on the "fat cats," but the reality is that many people who earn less than $250K have personal portfolios that are subject to capital gains taxes. Obviously, there are no capital gains taxes on 401k accounts, IRAs, or pension plans, but woe to those who dare to sell stock from their own personal portfolio: The O's plan does not consider -- or care -- whether you make more or less than the ART.

4. Promised to raise taxes on businesses. As with the proposed increase in payroll taxes, businesses will not realize these increased taxes without passing the cost along to consumers in one form or another. Increasing the cost of doing business is, in essence, a de facto tax increase that will be realized by We the People.

The O has promised that he won't actively raise taxes on the bottom 95% of earners (many of whom don't pay any taxes to begin with), but the reality is that his plan passively raises taxes on 100% of taxpayers. Even in this brave new postmodern world, words still mean something. Just ask Bush pere: We read his lips, too.

27 October 2008

October Surprise?

This 2001 video of an interview with Chicago Public Radio appears to confirm my worst suspicions about The O and his intent with MY money. Is it the October Surprise we've been waiting for? Maybe, but what isn't surprising is that the MSM have almost universally chosen to ignore it.

At this point, I'm not sure what The O will have to do to get people to recognize his far-left socialist views for what they are. I'm seriously considering sending Joe Biden a t-shirt that says, "I'm with Socialist" and has the arrow pointing to The O. I actually think Biden is sufficiently detached from reality to wear the thing. It's worth a shot, anyway.

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Here's a partial transcript (emphasis added), for those of you who don't want to go to YouTube to watch the video:

"...If you look at the victories and failures of the civil rights movement and its litigation strategy in the court. I think where it succeeded was to invest formal rights in previously dispossessed people, so that now I would have the right to vote. I would now be able to sit at the lunch counter and order as long as I could pay for it I’d be o.k. But, the Supreme Court never ventured into the issues of redistribution of wealth, and of more basic issues such as political and economic justice in society. To that extent, as radical as I think people try to characterize the Warren Court, it wasn’t that radical. It didn’t break free from the essential constraints that were placed by the founding fathers in the Constitution, at least as its been interpreted and Warren Court interpreted in the same way, that generally the Constitution is a charter of negative liberties. Says what the states can’t do to you. Says what the Federal government can’t do to you, but doesn’t say what the Federal government or State government must do on your behalf, and that hasn’t shifted and one of the, I think, tragedies of the civil rights movement was, um, because the civil rights movement became so court focused I think there was a tendancy to lose track of the political and community organizing and activities on the ground that are able to put together the actual coalition of powers through which you bring about redistributive change. In some ways we still suffer from that. ..."

26 October 2008

Early! (and Often, if you can manage it...)

"How many people have early voted?" Obama said, eliciting cheers from people bundled up in fleece. "That's what I'm talking about. No point in waiting in lines if you don't have to. You know who you're going to vote for."

Allow me to translate:

"Please, please, please go ahead and cast your ballot for me now, because I'm deathly afraid that some of the bad stuff I've been hiding won't stay hidden until election day. I want you to vote for me now, so you can't undo it later or change your mind."

03 October 2008

A visit to Mr. Webster...

Pondering in my spare time this afternoon how the Democrats, Bush, and Paulson managed to get the "lipstick on the pig" of the bailout bill, my mind wandered to a phrase I first heard in business school some 20 years ago. While it's not a phrase I use every day, I still find it useful in many circumstances. After considering the matter, I thought it apropos to revisit today.

Main Entry: due diligence (n.)

1 : the care that a reasonable person exercises under the circumstances to avoid harm to other persons or their property 2 : research and analysis of a company or organization done in preparation for a business transaction (as a corporate merger or purchase of securities)


Example: Congress failed to exercise due diligence in passing the recent bailout bill.

As I noted to a colleague this afternoon when the subject turned to the bailout (she's a flaming lib, while I'm not so much), while I think this bill is a huge stinker in general, my biggest issue is that they passed the bill without exercising the same basic investigatory standard that even the most rudimentary businesspeople use: Get the facts, assess the pros and cons, and get some expert help when you need it. Instead, Congresspersons became instant economists, capable of understanding all sides of this complex issue (heck, they couldn't even come to consensus on who was at fault) and the effects of their actions both on the underlying issue itself and on the world's financial markets. In their rush to show that they were Doing Something, they couldn't be bothered to slow down a bit and listen to those with some expertise who might have counseled them just to Do Nothing For A While; after all, Doing Nothing doesn't sell, while Doing Something is a proven winner, even if it's the Wrong Thing.