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Tuesday: Des Moines Clairvoyant

Yesterday, we who have 401Ks and other investments took another plunge on the Wall Street Roller Coaster.  The vibrations are starting to resonate in other markets as well.  Soon, there will be harmonic oscillations all over the world, reinforcing each other, all swinging and rippling together.

To those of us many more years from retirement, the spectacle is like watching a horror flick at a theater.  It looks really big up there on the screen but even though we are scared, we know that when the movie is over, our heart rates will return to normal after some time and we can forget all about it.  To those of us getting close to retirement or who are retired with savings in investments, it’s like being *IN* the movie itself.

The New York Times is finally facing up to what’s coming:

The Fed’s move was barely noticed. Now there’s talk of another intervention by the Federal Reserve to help thaw the frozen credit markets by buying up short-term commercial debt.

“What I am worried about with all these bailouts,” said the great Wall Street historian Ron Chernow, “is whether they are going to eventually tax the resources of the federal government. The numbers are already getting very, very large. What is especially scary and unsettling is that even actions of this magnitude have not seemed to restore confidence. Each time, you thought that would be the one to stop the contagion. It hasn’t happened.”

This panic is taking place in such a compressed time frame that it is just astonishing. Mr. Chernow pointed out that while the stock market crash of 1929 took place over three brutal trading days in October 1929, it took nearly three years to reach bottom. By then, stocks had lost a shocking 89 percent of their value.

This crisis, by contrast, seems to be moving at hyper-speed — one day it is Lehman Brothers, the next A.I.G., the day after that Washington Mutual. This crisis doesn’t wear you down over time. It hits you over the head with a two-by-four. On a daily basis.

Ahhh, yes, this is the curse of the internet age.  Everything happens at hyperspeed.  That also means that the data modelers can get a better fix on what is actually going on.  It’s just that it’s happening in real time and not in simulation. It will take a skillful politician who understands the parameters and relationships between the economy and government to help us navigate our way out of this mess.

Last December, the Des Moines Register gave its endorsement to Hillary Clinton.  It was a serious and sobering endorsement.  The editorial board acknowledged that they liked Obama’s inspirational delivery.  But they respected Hillary’s depth of knowledge and, looking ahead, they saw that the times we are living in now will require a president who is an insider who understands the synergism between market and government policy.

You will not be able to find this endorsement anywhere on the web.  It appears that it has been scrubbed, like someone wanted to erase the record of what the Des Moines Register said about Hillary.  Even DailyKos removed the crucial part of the endorsement while leaving the honorable mention to Obama.  One of the most complete diaries on the subject was written by our friend Alegre. Many of the bits and pieces that Alegre cites can be found elsewhere on the web though never the complete endorsement.  And I think that is because there was one section of the endorsement where the Des Moines Register was clairvoyant.  It is this missing section that was ignored during most of the primary when Barack Obama hurled accusations of racism at Bill and Hillary Clinton.  It was the part that was neglected when the RBC members gave us a teachable moment about race over gender.  It was the thing that Nancy Pelosi conveniently ignored in her zeal to bang the gavel at the convention.

The endorsement said that the country was at a crucial period of its evolution and that the times required a president like FDR more than it needed the sunny optimism and experimentation of JFK.  I can only find one comment from DailyKos, my own, dated 12/16/07, that refers to the missing section:

… by comparing Clinton with FDR and Obama with JFK.  The endorsement was determined by the state of the nation, not the personalities of the candidates.
We are in for some hard times, my friends.  We have no idea what the coffers are going to look like when the Bushies leave.  We don’t know how many booby traps they are going to leave in the various executive branch departments.  We have an pretty good idea of the state of foreign affairs but the full extent of the damage has yet to be determined.
Our country is at an inflection point like it was during the Great Depression and WWII.
It is not the end of a stable moderately conservative administration like Eisenhower’s.  We are not following in the wake of the Happy Days era.  There isn’t unlimited optimism and great improvements in infrastructure.
That is why Hillary is the obvious choice.  It is a no-brainer when you think about it.

The scrubbers seem to not want anyone to remember that portion of the endorsement.  The damn Cassandras of the Des Moines Register have been silenced.  Let’s just forget about them.  The Obama campaign and the DNC have been wildly successful.  Because now we are stuck with the young, inexperienced JFK when the older, wiser guiding hand of the FDR is benched.

We’re on our own.

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175 Responses

  1. Love to see galloping gertie. A great engineering feat like Barry O. Looks good on paper but in the real world it cracks up.

    I thought I saw the register endorsement just the other day. I’m going to do some hunting.

    Hey Conflucians we have a live debate chat tonight at Partizane. It’s fun. http://www.partizane.com

  2. RD,
    I cannot find an email id for you on this website. You have mine. Could you please provide an ID to write to you off-blog or email me?
    Thanks

  3. Here is a video mashup of the editor reading the endorsement

  4. S. The email address is theconfluence08 at yahoo dot com.

  5. Jeezus Shrikes

    Is this what’s to happen under an Obama presidency? All dissent, even MILD ones like the Des Moines Regiater, are to be scrubbed & tossed into the intertubez toilet?

    A lot of our blog allies are folding their tents & walking the DNC line now. Just take a wander to their sites and bring a vomit bag.

    No matter what, we have to stick it out!.

    We haven’t gotten this far to get scrubbed! And as long as there’s a Constitution, we must keep moving forward.

  6. more like The Clairvoyant of The Confluence methinks.

    no wonder they banned you RD. You were such a shrieking racist.

  7. ack! Regiater = REGISTER

  8. RD – please forgive….this id not directly related to your post….but I watched this last night and haven’t been able to sleep…..

    I got involved form a feminist point of view – sharia law is a form of Islam which is brutal and horrific for women….please look at and tell me what you think….

    http://texasdarlin.wordpress.com/2008/10/06/why-did-obama-campaign-for-a-pro-islam-candidate-in-kenya/

    Odinga agreed to institute sharia law in exchange for support

  9. it’s scrubbed online, but maybe the Des Moines archives will have something? They couldn’t’ve burned down all the printed copies…{shuddering} or have they???

  10. RD: sent you a mail.

  11. The NYT and pundits are helping to create the disaster. The “rescue” or “bailout” or whatever you want to call it has “NOT” been implemented yet nor have the International Markets that are entrenched in this with us had an opportunity to respond and shore up their markets. When you have idiots like Cramer telling people to make a run on their stocks and Schumer telling people to run on the banks, then what can you expect?

    Everyone needs to settle down and stop trying to play economics 101 and finance 101 in markets they did not even know existed days ago or how they interact.

    Yes, I do believe Hillary has a “clue”, but her position isn’t being sought around the globe. McCain needs to choose his Financial Team for the WH and announce. And they had better be damn good.

    CAROL HAKA 👿

  12. Riverdaughter,

    This scrubbing of anything uncomplimentary to Obama is very wierd. Uppity Woman posted a link to the oldest available Google page from 2001. When you search for almost anything Obama related, the information orginally at the link is gone. I don’t know if that is normal or not after 7 years. Here’s the google link:

    http://www.google.com/search2001.html

    Another interesting story. Jerome Corsi (former swiftboat for truth guy and author of anti-Obama book, Obama Nation) has been arrested in Kenya and is being held. I guess they are going to deport him. He had gone there to dig up info on Obama’s trip to Kenya a few years ago.

    http://www.foxnews.com/story/0,2933,433701,00.html

    Apparently Obama has lot of power already to shut down information about him. The press isn’t allowed to see his academic records or find out anything about his time at Columbia or his work records in NYC before he moved to Chicago. What will it be like if Obama is president? It seems to me the secrecy will be even more tight than under George W. Bush and any criticism of Obama will be met with charges of racism. This is very scary.

  13. Well, he said subprime mortgages were a good idea, so…
    Meanwhile CBS buries the lede about their poll: it’s a tie!
    http://edgeoforever.wordpress.com/2008/10/07/technical-tie/

  14. I’d love to hear where Hillary is on all this. I’ve heard her speech from the senate floor – nothing short of brilliant – and a comment here and there but…

    Why can’t we have Hillary back?

    BTW, she raised $8M dollars for BO since her indentured servitude was enforced.

  15. BostonBoomer, at least we know that churches ARE NOT safe havens, especially if there’s a gas station nearby.

  16. Very interesting, edgeoforever. Thanks. I hope McCain hits Obama hard tonight at the debate. This will be a huge opportunity to really let Obama have it. I hope McCain doesn’t chicken out.

  17. Carol,

    Maybe McCain should consult Hillary. I hope she would talk to him for the good of the country.

  18. SM,

    Which blog allies are you talking about? Other than Talk Left and Taylor Marsh?

  19. ALERT:

    US Warplane has been forced down in IRAN!!!!!!!!

    What will Barky have to say about that?

  20. Hillary is not the expert needed. I don’t know who is, but McCain needs to find them fast and get them on board.

  21. Des Moines Register 12/15/2007

    “Beyond their personal appeal, the candidates have outlined ambitious policy proposals on health care, education and rural policy. Yet these proposals do little to help separate the field. Their plans are similar, reflecting a growing consensus in the party about how to approach priority issues.

    The choice, then, comes down to preparedness: Who is best prepared to confront the enormous challenges the nation faces — from ending the Iraq war to shoring up America’s middle class to confronting global climate change?

    The job requires a president who not only understands the changes needed to move the country forward but also possesses the discipline and skill to navigate the reality of the resistant Washington power structure to get things done.

    That candidate is New York Sen. Hillary Rodham Clinton.

    From working for children’s rights as a young lawyer, to meeting with leaders around the world as first lady, to emerging as an effective legislator in her service as a senator, every stage of her life has prepared her for the presidency.

    That readiness to lead sets her apart from a constellation of possible stars in her party, particularly Barack Obama, who also demonstrates the potential to be a fine president. When Obama speaks before a crowd, he can be more inspirational than Clinton. Yet, with his relative inexperience, it’s hard to feel as confident he could accomplish the daunting agenda that lies ahead.

    Edwards was our pick for the 2004 nomination. But this is a different race, with different candidates. We too seldom saw the “positive, optimistic” campaign we found appealing in 2004. His harsh anti-corporate rhetoric would make it difficult to work with the business community to forge change.

    Unfortunately, for many Americans, perceptions of Clinton, now 60, remain stuck in a 1990s time warp. She’s regarded as the one who fumbled health-care reform as a key policy adviser to her husband, President Bill Clinton, or as a driving force in the bitter standoff between the “Clinton machine” and the “vast right-wing conspiracy.”
    Her record in the Senate belies those images. Today, she’s widely praised for working across the aisle with Sam Brownback, Lindsey Graham and other Republicans.

    Determination to succeed and learning from her mistakes have been hallmarks of Clinton’s life. She grew up in Park Ridge, Ill., graduated from Wellesley College and earned a law degree from Yale. As first lady in Arkansas, she was both strategist and idealist, borne out by her commitment to children and families. As the nation’s first lady, she in essence spent eight years as a diplomat, traveling to more than 80 countries and advocating for human rights.

    In the Senate, she has earned a reputation as a workhorse who does not seek the limelight. She honed knowledge of defense on the Senate Armed Services Committee. She has proactively served rural and urban New York and worked in the national interest, strengthening the Children’s Health Insurance Program.
    Clinton is tough. Tested by rough politics and personal trials, she’s demonstrated strength, resolve and resilience.

    Can she inspire the nation? Clinton is still criticized in some quarters as being too guarded and calculating. (As president, when she makes a mistake, she should just say so.)

    Indeed, Obama, her chief rival, inspired our imaginations. But it was Clinton who inspired our confidence. Each time we met, she impressed us with her knowledge and her competence.

    The times demand results. We believe as president she’ll do what she’s always done in her life: Throw herself into the job and work hard. We believe Hillary Rodham Clinton can do great things for our country.”

    Everything seems to be getting scrubbed. The recent SNL skit on the sub prime debacle and bailout, which was unflattering to the Dem, Pelosi, the Sandlers and Soros, was not only removed from the NBC site, so are all comments pertaining to the removal AND its being continuosly scrubbed from you tube sites.

  22. Yesterday, Chicago papers reported that Tony Rezko is definitely talking and prosecutors have delayed his sentencing. He was supposed to be sentenced on Oct. 28th, so I guess if he talks we won’t find out until after the election. So if Obama wins, will we go through four years of investigations? Impeachment? Yikes!

  23. Well, at the very least, we still have libraries and archives. We aren’t the USSR. Yet. I wonder if Obama will order all of the history books to be rewritten. Ahh, Orwell: “To tell deliberate lies while genuinely believing in them, to forget any fact that has become inconvenient, and then when it becomes necessary again, to draw it back from oblivion for just so long as it is needed…”.

  24. European bankers are meeting now. Some are going to self insure their deposits. They are working on the different currency issues.

  25. I strongly suspect that the reason for scrubbing the SNL skit on the bailout, is because the show had the incredibly poor judgment to put words on the screen advocating violence against the parodied individuals depicted on the screen at that moment. Mock them all you want. Suggest people kill them? Not going to fly no matter what party you’re from. The literally targeted individuals are entirely right to demand retraction and removal, if in fact they did.

  26. My mom heard the pundits yesterday predicting disaster and called me. She was so worried that she actually went out and filled her freezer. MSM seems to want us in a constant state of fear, why?

  27. Bostonboomer, go to Alegre’s. Some of her diarists are definitely using the dark side of the force now.

  28. Standard from the MSM and the Obamanation. There is a driving need to rewrite history. All things must appear favorable for Obama. No praising other candidates, that’s against the Obama creed. All evidence of praise for others is removed, the Obama support lie is repeated over and over, and viola, it becomes the truth.

  29. looking for integrity, IS THAT the entire editorial????

    OMG, you are a genius!

  30. Lispolaris: No, I think George Soros didn’t like the way he was depicted as the “owner” of the “Democratic party” plus he came off as an effete European snob who offered to by someone’s wife.

  31. Lizpolaris

    I didn’t see the skit but wanted to see why it would be scrubbed. I read a transcript but found no language advocating violence.

  32. If google feels its ok to scrub history on Obama what else might they scrub?

    This should be publicized but it won’t.

  33. TheRealKim: Sorry to sound selfish but I’m not that concerned about what is going on right now. Poor people will remain poor and right now I’m a poor student. My single mother has lived through much worse, raising me while working minimum wage jobs during the Reagan years. The MSM always tries to scare us when it is the fat cats who are getting what they deserve right now. This is their way of scaring people like you and me into voting for Obama as if he can solve this mess.

  34. On FOX they are leading in to a story about the video of the young AA men who file in single file and rap about how Obama inspired them. I don’t recall the name of the photo. Apparently a teacher is behind the production.

  35. The SNL skit on the sub prime meltdown is getting scrubbed… and yet Tina Fey mocking Sarah Palin is FRONT PAGE news. Seriously, it’s been one of CNN’s top stories for weeks. Today it’s “How Palin Spoofs Could Impact the Election.”

    Hmmm, maybe satire can impact the election when it’s treated like NEWS and not entertainment. And, gee, it’s pretty darn suspicious that spoofs involving the Dems aren’t making the “news.”

    Is there any way to call attention to this propaganda masquerading as journalism?

  36. I saw it before it was scrubbed … I didn’t see any reason for tossing it …
    This campaign is so weird , and these are strange times for a “free” country . I really think we are in dangerous times re: the media , and while once I disliked Fox news and still hold my nose from time to time .. but at least I can watch it without shuddering … like I do at Rachel Maddow ( Keith Olbermans very own mini me ) and Campbell Browns screech
    But then, I still remember when the Smothers Bros were yanked off the air .

  37. sm77

    Yes, I think so. I cut and pasted into a word document at the time. I saved all documentation I could regarding Hillary’s campaign because for me it was very historical.

  38. I heard this morning on the radio that Bank of America is considering Hill’s HOLC – of course they didn’t mention HIll but that strategy would really bail out home owners while giving the banks money to keep moving forward.
    She’s such a smart lady! 🙂

  39. Lispolaris, I watched the SNL skit live, and I didn’t see any reference to violence against politcians. What are you talking about?

  40. I watched the SNL skit too and I didn’t see any violence against politicians suggested. Perhaps this is how google is going to remake history by lying about why they scrub it.

  41. Remember what google did it China? They can easily do it here.

  42. NH,

    I don’t know that Google scrubbed the links. They are 7-8 years old, so the stuff could have just been taken down by the various entities who originally posted them.

    The teacher at a Missouri school who posted the video of the young men chanting about Obama has been suspended indefinitely.

  43. sm77

    I noticed I didn’t copy in the first paragraphs – sorry-once again for the Des Moines Register (actually 12/16/07):

    “A deep, talented field in the Democratic caucus race offers both good and difficult choices.

    No fewer than three candidates would, by their very identity, usher the nation to the doorstep of history. Should the party offer the nation the chance to choose its first woman president? Or its first black president? Or its first Latino president?

    Or should the party place its trust in two senators, Joe Biden or Chris Dodd, who have served their nation with distinction for more than 30 years each? Or should it heed John Edwards clarion call to restore opportunity for all Americans?

    Beyond their personal appeal, the candidates have outlined ambitious policy proposals on health care, education and rural policy. Yet these proposals do little to help separate the field. Their plans are similar, reflecting a growing consensus in the party about how to approach priority issues.

    The choice, then, comes down to preparedness: Who is best prepared to confront the enormous challenges the nation faces from ending the Iraq war to shoring up America’s middle class to confronting global climate change?

    The job requires a president who not only understands the changes needed to move the country forward but also possesses the discipline and skill to navigate the reality of the resistant Washington power structure to get things done.

    That candidate is New York Sen. Hillary Rodham Clinton.

    From working for children’s rights as a young lawyer, to meeting with leaders around the world as first lady, to emerging as an effective legislator in her service as a senator, every stage of her life has prepared her for the presidency.

    That readiness to lead sets her apart from a constellation of possible stars in her party, particularly Barack Obama, who also demonstrates the potential to be a fine president. When Obama speaks before a crowd, he can be more inspirational than Clinton. Yet, with his relative inexperience, it’s hard to feel as confident he could accomplish the daunting agenda that lies ahead.

    Edwards was our pick for the 2004 nomination. But this is a different race, with different candidates. We too seldom saw the positive, optimistic campaign we found appealing in 2004. His harsh anti-corporate rhetoric would make it difficult to work with the business community to forge change.

    Unfortunately, for many Americans, perceptions of Clinton, now 60, remain stuck in a 1990s time warp. She’s regarded as the one who fumbled health-care reform as a key policy adviser to her husband, President Bill Clinton, or as a driving force in the bitter standoff between the Clinton machine and the “vast right-wing conspiracy.”
    Her record in the Senate belies those images. Today, she’s widely praised for working across the aisle with Sam Brownback, Lindsey Graham and other Republicans.

    Determination to succeed and learning from her mistakes have been hallmarks of Clinton’s life. She grew up in Park Ridge, Ill., graduated from Wellesley College and earned a law degree from Yale. As first lady in Arkansas, she was both strategist and idealist, borne out by her commitment to children and families. As the nation’s first lady, she in essence spent eight years as a diplomat, traveling to more than 80 countries and advocating for human rights.

    In the Senate, she has earned a reputation as a workhorse who does not seek the limelight. She honed knowledge of defense on the Senate Armed Services Committee. She has pro-actively served rural and urban New York and worked in the national interest, strengthening the Children’s Health Insurance Program.
    Clinton is tough. Tested by rough politics and personal trials, she’s demonstrated strength, resolve and resilience.

    Can she inspire the nation? Clinton is still criticized in some quarters as being too guarded and calculating. (As president, when she makes a mistake, she should just say so.)
    Indeed, Obama, her chief rival, inspired our imaginations. But it was Clinton who inspired our confidence. Each time we met, she impressed us with her knowledge and her competence.

    The times demand results. We believe as president she’ll do what she’s always done in her life: Throw herself into the job and work hard. We believe Hillary Rodham Clinton can do great things for our country.”

  44. I &heart; my little blond workhorse.

  45. mawm and NH

    I found it on a you tube site. When the Sandlers are interviewed, there is a caption that says “people who should be shot”. Perhaps that is what lispolaris is referring to.

  46. ♥ whoops

  47. BB, the SNL skit isn’t 7-8 years old. When you do a google on Obama, how many of the top hits are negative?

  48. Disenfranchised: I am not scared either. I have started over twice from two failed marriages. I was only a country club wife for a few years during my first marriage and didn’t care two cents for that lifestyle. I will be fine, because I am strong and know what it takes to survive.

    A little OT but has anyone noticed how supersensitive we women have become to any sexist statements? This morning on the weather channel, the male newscaster stated that men were more likely to be hit by lightning, then added his opinion, “because they were outside more”. I caught it immediately and so did the two female anchors, who immediately responded with, “Because women had enough sense to come inside during a storm.” I fell out of my chair.

  49. Just a thought:

    “Never doubt that a small group of thoughtful, committed citizens can change the world; it’s the only thing that ever has” – Margaret Mead

  50. We need a new thread, What McCain needs to do at tonights Town Hall. What will Obama do to try to stop him? Will Obama call McCain a liar? Will the two men end up in a fist fight? Ha.

  51. You have to love the internet … you know someone somewhere downloaded it 🙂 Thank you !!

  52. Sarah coming up live on Fox.

  53. McCain needs to do this

    AYERS —> ACORN —> Fannie and Freddie
    —-> OBAMA

  54. Looking for Integrity – Thank you SO much for saving that and sharing it here!!!

    As for the economy… half of Charlotte is walking on eggshells waiting for this Wachovia situation to be worked out.

  55. (waving madly)

    Hi Confluencians!

    We got back late last night and I’m madly catching up after being almost totally out of touch (no cable TV or Internet or phone for over a week)

    It’s great to be back and see everyone!

    xxoo ♥

  56. sm77, on October 7th, 2008 at 9:02 am Said:

    Jeezus Shrikes

    Is this what’s to happen under an Obama presidency? All dissent, even MILD ones like the Des Moines Regiater, are to be scrubbed & tossed into the intertubez toilet?

    ***************************************
    Short answer…yes. Did you see the news this morning that Jerome Corsi has been deported from Kenya for promoting his book critical of Obama without a license?

    Wonder when the last time was the Kenyans did something like that.

    We are SO screwed.

  57. I must have missed the “People who should be shot” caption.

    Wait, shouldn’t they?

  58. Hiya Katiebird — missed you, glad you are back and hope you had a great trip.

  59. Oh, Palin’s on fox — wearing white again. Suits her.
    My little girl said yesterday, seeing her on tv — “she’s byootiful!”

  60. Soupcity–thanks for the link to the SNL skit. Cannot even imagine why it would be yanked. Creeper–again mor AP writers, Elizabeth A Kenney and Tom Odula, are “reporting” that Corsi was there to promote the “smears” against BO. What the f*ck is going on here?? His own personal PRAVDA?

  61. Obama and Odinga are part of the same clan. The O clan. You will not have to worry about your safety after Nov 4th if Obama is elected if your last name starts with an O.

  62. Mawm, on October 7th, 2008 at 10:18 am Said:
    I must have missed the “People who should be shot” caption.

    Wait, shouldn’t they?

    Heh. I thought is was funny as hell.

  63. Looking for integrity: I have had that quote on my refrigerator since May 30 praying that this small group will change things.

  64. My Margaret Mead quote refers to us, to PUMA.

  65. She looks beautiful today.>>>>>>>>>>>>>

    McCain is going to implement a spending freeze to have time to cut the pork.

    Great idea.

  66. Soupcity or at the very least, prosecuted and stripped of their riches.

  67. TheRealKim

    I wrote the post above before seeing your post. Yes, I have it up too.

  68. Hi Prolix,

    It was really a work-acation. My mother in Law is living with us now but, once a year, mister and I go up to Wisconsin to keep her house up.

    This time we found the bathroom sink smashed on the bathroom floor. And a pipe ripped open. We think it was a side effect of a tree falling on the house last March. But, we’ll never know for sure. So mostly we did plumbing.

    I am REALLY glad to be back! I missed this place like a crazy person!

  69. looking for integrity, on October 7th, 2008 at 10:09 am Said:
    “Never doubt that a small group of thoughtful, committed citizens can change the world; it’s the only thing that ever has” – Margaret Mead

    Thanks for the reminder – one of my favorite quotes.
    Hi Katiebird – glad you’re back – missed you.

  70. Irlandese you’re welcome.

    This scrubbing and purging of things/people is giving me the willies. So very bushian.

  71. YAY KATIEBIRD!!!!!!!!!

    Welcome back!!! Yep, we’re still mad as hell at the DNC still.

    Please write a post about your travels!

  72. Katiebird, work-acation is a good description. Glad you are back.

  73. Kim…Something, anything needs done, these congressional hearings are a joke too. Nothing will come of them, I am quite sure.

  74. I’m suprised it doesn’t bother more people that they are voting for a candidate that doesn’t have a paper trial … but definitely should

    I mean, how many people running for office could get away without releasing their legislative records, their school records, anything! We don’t even have any of his publications and even newspaper articles are gone? Very very very unusual.

    I findi it very disturbing.

  75. Looking for integrity – YOU ARE A GEM!!!

    WOW, Conflucian power to the rescue!

  76. Two companion pieces up today….

    McCain Fires 1st Torpedo at the Obama Garbage Scow Known as the “The Hope-y Smile-y Good Ship Lollipop”

    IS THE TIDE TURNING? 10 THINGS YOU CAN DO TO HELP
    by Grail Guardian

    http://insightanalytical.wordpress.com

  77. OMG, Sarah is so good at zingers with a smile.

  78. Srah Palin reminds me of a folksier NW version of Julia Sugarbaker.

  79. Creeper: Then we have to work harder than ever to defeat the monster. Yep, monster.

  80. So stupid. The only part of the post I object to is that Obama is no JFK. That illusion has been carefully crafted out of nothing. He’s young, went to Harvard and gives a good speech, those are the similarities. JFK had much more experience than Obama does, and more of an internal core, including his vast network of trusted family and friends to guide him.

    I still can’t believe we are here when we could have had Hillary. She would have risen to the occasion and been instrumental in restoring the confidence the world needs. We still don’t even know who the hell Obama really is.

  81. Great job looking for integrity — your interest in the election may turn out to be the only HRC archive available on the internet.
    *
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    Put on your reddest lipstick, your highest heels & chicest pantsuit and Vote for the Woman, It’s Important!

  82. dakinikat: me too. Why hasn’t the McCain camp made an issue of this. They can contrast McCain’s transparency with Obama’s secrecy. Who is this man? What has shaped his philosophy? We have the books, but those are mostly fiction anyway.

  83. It’s also very telling that he refuses to release all these documents. Clearly, there are things that he does not want anyone to examine. What is he hiding? More evidence of his radical orientation?

  84. Soupcity–the scrubbing/purging thing is beyond anything even Bushian. Did I wake up in 1972 Soviet Union Russia this morning? Indoctrination videos, Soros, censorship, journalists detained in Kenya for “smearing” an American candidate with ties to that country, and our own AP reporters candy-coating the whole thing? Putin has NOTHING on this guy.

  85. Yesterday someone was asking about SNL Skit Bailout that was taken off and I just discovered this link with full transcript. There should be an uproar regarding censorship when writing is not favourable to Obama and DNC. Disgrace.

    http://michellemalkin.com/2008/10/07/the-forbidden-skit-full-transcript-and-screenshots-of-snls-sorossandler-bailout-satire/

  86. insight: During the debate, McCain needs to needle Obama with some of the points he made in his speech. The object, of course, will be to get Obama stuttering and off his memorized script.

    Absolutely. Obama can’t take a punch. If McCain rattles him, especially in a Town Hall format, he will lose his bearings. Let’s hope.

  87. Fox discussion of the teacher who got suspended. We’re told this is a charter school tasked with teaching the kids to celebrate their ethnic diversity. There was a time when I thought this was a good thing, but I no longer think so. Celebrating our diversity is tearing us apart.

  88. Irlandese: don’t forget the “Truth Squads” and the Civilian Army he wants to create.

  89. fif: I think the books are an attempt to re-write his history so he had to hide the evidence. The connections to Wright are still there, however, loud and clear which brings up the question? What have the done with Jeremiah Wright? Why isn’t he out like he was right after the blow up, showing exactly what kind of mentor he was to Obama for 20 FRIGGIN years?

  90. fif — I think McCain is starting to bring Obama’s pathological secrecy up — yesterday in his speech (which people are saying was his best ever — even the usual suspects in the msm) he said “for a man who authored 2 biographies, his life isn’t an open book” (or something like that).

    btw — I just saw a “Palin Power” bumper sticker — the “i” in Palin is a tube of lipstick! lol

    *
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    Put on your reddest lipstick, your highest heels & your chicest pantsuit and Vote for the Woman, It’s Important!

  91. NH: Celebrating our diversity is tearing us apart.

    Celebrating diversity is not the problem. Diversity is being USED to divide and attack. It’s so ironic that Obama is supposed to be a “uniter and healer.” The influences of Black Liberation Theology & Ayers are clear in his (& M.O.’s) angry and domineering attitude.

  92. Yes, fif, and it was Obama who claimed that he was going to force transparency of Gov’t dealings and yet that transparency apparently doesn’t apply to him.

    Sarah funniest line today, Obama says he didn’t know about Ayers radical views: She asked “Will Obama claim he didn’t know what Ahmadinejad believed”

    I laughed for 5 minutes.

  93. Whoot! I was looking for that skit yesterday and was starting to think that maybe *I* was the crazy one- maybe I had imagined it?
    The Malkin transcript’s good enough. Thanks for finding that!

  94. NH: Palin does appear to be a pitbull with lipstick.

    BIden’s attacks on McCain are always couched with, I really LIKE John. He’s been my friend. He was right on this, but yet ….

    just doesn’t resonate the same way

  95. Irlandese, I hate feeling so paranoid about this stuff and you are right, it seems so much more insidious with BO. I feel hyper-manipulated these days.

  96. fif: I think the books are an attempt to re-write his history so he had to hide the evidence.

    Just like the NY Times Ayers’ story. They hide the truth in plain sight. If they can be proactively defensive, then “there’s nothing to see here, move on” can be effective.

  97. Do you think it was by accident that Wright was outted for his extra-curricular activities with a “white” woman in Texas??????????

  98. Biden, who I think is a smart guy is coming off really goofy since he’s been scripted so much by the Obama campaign .. he’s overthinking EVERYTHING

  99. Biden, who I think is a smart guy is coming off really goofy since he’s been scripted so much by the Obama campaign .. he’s overthinking EVERYTHING

  100. Sarah funniest line today, Obama says he didn’t know about Ayers radical views: She asked “Will Obama claim he didn’t know what Ahmadinejad believed”

    When did she say that–today? She’s hilarious!

  101. I think there is definately more to the Ayers story that Obama is afraid will come out. Trouble is he has buried it good and people are not talking. I think Obama’s career and livelyhood ($$) has been funded by these extremist groups. They’ve used whitewashed funds but they are behind it. These people would not have gotten him into Harvard without it. Thats why he has not record there even as Editory of Law Reviews. Follow the money. I would bet that Harvard got and is getting a lot of money from sources that promote Obama. Harvard will not talk.

  102. fif, Sarah was in Jacksonville today and the speech was on FOX. It was great.

  103. That Yahoo/AP story on Corsi being “detained” in Kenya read like 70’s Soviet spin to me. The fact that people want to embrace blissful ignorance and the Obama Mind-F*ck is fast becoming terrifying.

  104. I want one of those hot pink McCain*Palin signs that I saw during yesterday’s speech.

  105. Irlandese, you are so right, and the virtual silence in the MSM over it is scary too.

    Obama is dangerous.

  106. With all of this retelling of the O story and the re-writing regarding Hillary in the primary tells me more and more not to believe the polls.

  107. NH–I would hope there are too many conservative Harvard alumni that would manage to leak whatever info they could concerning this.

  108. I hope you are right Linda, but I’m afraid that our reliance in so many states on electronic voting subjects us to theft of this election. We will have to
    see but on the news yesterday I heard a blowhard say that the GOP request for election monitors may be denied because voters would find it intimidating or harassing. WTF, we can monitor for election fraud in Kenya but the US is off limits. What is going on?

  109. Irandese, it could only be known by as little as one person who is high enough in the Admin. Besides they could say the $$ is from anywhere. Only he/she would know.

  110. We resemble a Banana Republic in the making more and more.

  111. dakinikat,
    It really irks me that the media is letting Obama get away with not giving details about his time in NY. When I applied for a secret government clearance, I had to write down every place I had lived and contacts for people who knew me in those places. A lot of times employers don’t thoroughly check references, but not the FEDs. They called every person I put on that application. Why was I subjected to this, and yet someone who wants to be in control of the whole she-bang doesn’t have to answer these questions? It is so wrong.

    I really believe he doesn’t want to answer the questions about NY because it was there that he was radicalized. Ayers just happened to be at columbia at the same time Obama was there. Coincidence? And then Obama just “decides” to move to Chicago? Give me a break.
    Also, what made Obama take a trip to pakistan at this time? Students just don’t up and go to pakistan for no reason.
    He needs to answer these questions, but the media is helping him to cover his tracks.

  112. Whatever is going on, it didn’t just start. That is why the Clintons had to be pushed out. Even during Bill presidency. This has coming a long time. Slowly, but coming nonetheless. Brave New World.

  113. NH, on October 7th, 2008 at 10:49 am Said:
    Fox discussion of the teacher who got suspended. We’re told this is a charter school tasked with teaching the kids to celebrate their ethnic diversity. There was a time when I thought this was a good thing, but I no longer think so. Celebrating our diversity is tearing us apart.

    I support & encourage people to be proud of their ethnic backgrounds, whether it’s England, Estonia, Equatorial Guinea or Ecuador. If we as Americans took more interest to dig up our cultural pasts, I beleive they’d be more tolerance and understanding of other cultures.

    But to use public school funds and use these kids the way they did to indoctrinate yound minds is worthy of jailtime.

    HOW THE HELL is the school going to permit a child saying (and I prarahrase), “thanks to Obama, I’ll be the next lawyer/architect, etc.

    Shouldn’t they be saying “thanks to my hard work & staying in school I’ll be the next lawyer/architect, etc.?

    It’s sickening.

  114. Excellent point Mawm. The federal judge who is screwing around with demanding Obama’s birth certificate kills me. Obama needs to produce it. I don’t care that he is born of an American mother and so this should be a non issue. Natural born citizenship is a requirement for the Presidency and if legally challenged, the candidate must produce proof. Obama is not above the law. Bad precedent.

  115. NH—asking anythig from o is ra**ist

  116. NH, I just had to get a copy of my BC for an I9. Thousands of people have to prove their citizenship everyday just to get a job. Why does this fool get a pass?

  117. I am not one to ever subscribe to “conspiracy theories”… usually I avoid them because I think they distract from the real issues .. so this is just a passing thought
    . After reading Jack Cashill’s analysis of why he believes bo did not author his own memoirs http://www.cashill.com/index.htm and
    here is an excerpt

    Prior to 1990, when Barack Obama contracted to write Dreams From My Father, he had written very close to nothing.

    As an undergraduate at Occidental College, Obama had composed what he calls some “very bad poetry,” and he does not sell himself short.

    In 1981, Occidental’s literary magazine published two of Obama’s poems—“Pop” and “Underground.” These poems are only a little sillier than the average undergraduate’s, but they show not a glint of promise. From “Underground”:

    Under water grottos, caverns

    Filled with apes

    That eat figs.

    Stepping on the figs

    That the apes

    Eat, they crunch.

    The apes howl, bare

    Their fangs, dance . . .

    Los Angeles media critic Kevin Roderick rightly described the exposure of Obama’s two published poems as a “semi-cruel exercise.”

    In a similar spirit, the Independent of London headlined its article on Obama’s early poetry, “Pop goes myth of Obama the young prodigy.”

    It would be another decade before Obama had anything in print and this a heavily edited, unsigned student case comment in the Harvard Law Review unearthed by Politico.

    Attorneys who reviewed the piece for Politico described it charitably as “a fairly standard example of the genre.”

    Of note, Politico observes that “the temperate legal language doesn’t display the rhetorical heights that run through his memoir, published a few years later.”

    But then somehow, those few years later, this 33 year-old amateur with no paper trail beyond a hack legal note and a poem about fig-stomping apes produced what Time Magazine has called–with a straight face– “the best-written memoir ever produced by an American politician.”

    After reading that .. it does just occur to me that any previous writing might contrast so starkly with what he published as his own , that it would be obvious that he was not the author. It makes sense to me but it is just a passing thought …

    and having written the occassional poem myself …

    bos stuff is worth a good laugh

  118. NH: You know what I thought of when I saw the kids in fatigues & saying “thanks to Obama blah blah blah”?

    Fidel Castro’s indocrtrination in schools. Please Google “Fidel Castro indoctrination elementary schools.”

  119. Swan: THAT WAS TERRIBLE.

  120. Swanspirit, WHY did you have to make me read that poetry?!!
    Now I have to go and scrub my brain with carbolic acid!

    🙂

  121. Do Apes have fangs?

  122. Do apes really eat figs?

  123. You know we should put that poem on youtube. I would love to read the deep comments that would follow it.

  124. I just tried to post the video link to the Des Moines Register’s Democratic endorsement, but my posts keep disappearing. Am I in moderation?

    At any rate, just wanted to say that the video endorsement has not been scrubbed from the newspaper’s site. It’s still there for anyone to see.

  125. Lost power here and suffered a forced reboot. Happens a lot is S. Florida.

  126. I’m watching “The View” for a few minutes for the first time in forever.

    They shut down Elizabeth and then Barbara spent 3 minutes admonishing everyone that everything about Obama is in the past and not relevent. And, how dirty everything is and people shouldn’t go there.

    Next up – Christy Brinkley and Peter Cook – as she probes into there relationship and how dirty it was and ……………

    I have always thought she was an idiot.

    This confirmed it.

    CAROL HAKA 👿

  127. I’ve seen better poetry on bathroom walls

  128. I think he must have been high when he wrote that one.

  129. I have to post and run, but this NYT article caught my eye — it’s about PUMAs (although we’re not mentioned):

    Citizen Enforcers

    The public urge for punishment that helped delay the passage of Washington’s economic rescue plan is more than a simple case of Wall Street loathing, according to scientists who study the psychology of forgiveness and retaliation. The fury is based in instincts that have had a protective and often stabilizing effect on communities throughout human history. Small, integrated groups in particular often contain members who will stand up and — often at significant risk to themselves — punish cheaters, liars and freeloaders.

    “The urge to take revenge or punish cheaters,” said Michael McCullough, a professor of psychology at the University of Miami and author of the book “Beyond Revenge: The Evolution of the Forgiveness Instinct,” “is not a disease or toxin or sign that something has gone wrong. From the point of view of evolution, it’s not a problem but a solution.”

  130. Swan, amazing post. I hadn’t heard this before. It seems really possible that Obama didn’t author those books and isn’t writing these speeches either. We know Obama is a liar.

  131. Just read that Cahill article swan linked to — he thinks, based on Ayer’s writing style in Fugitive Days, that Ayers had a hand in writing Dreams of My Father.
    Interesting what guys who just happen to be in your neighborhood will do.

  132. Wonder why Valhalla thinks the quote is about PUMA, although I think we do fit the bill.

  133. votermon. OMG, if it could be proven that Ayers wrote Obama’s books it would be over for Obama.

  134. Valhalla– I like this. PUMASs=the solution to a problem

  135. Mawm, you should send your comment to the McCain campaign, because they should be saying this in their stump speeches. Very powerful comment.

  136. I am latin, but we never learned the Ceasar Chavez dance/indoctrination in school. Did anybody learn the white guy? I must have been sick that day.
    We were not encouraged to show up in fatigues and rant and chant for Chavez; we were encouraged to read about him and write stories about fruit consumption/cost/delivery in America. We were taught to love and accept the love from the white, asian and african american students learning the lesson with us; it united us all with understanding and enlightenment that our cultures are all different and that it is ok. Then there is Obama.
    I wonder what the white, asian and latino kids in that school are thinking, or feeling about themselves, their cultures and division. That is not teaching unity values, instead that sends a message of division. We are adults and can understand this; they are children, can they truly understand the fine nuances of all of this? Do they learn racism? As a psychologist I find this very disturbing.
    I am smelling dictatorship, I am smelling worship and I am smelling child abuse.
    Obama is so dumb to the dangers of this that he probably thinks it is cute; how scary is that?

  137. OMG swan… too funny.

    He musta ate the purple acid.

  138. NH, it’s not something that can be proven, unfortunately. Specially without a paper trail. 😦

  139. Mawm – to get into USC, my son, myself and my son’s father were vetted on everything. (I have written about this before.)

    The records for all of us:
    Income Tax Records
    Educational Background
    Addresses
    Every Sport, Club, etc.

    everything about us. And we didn’t get to say, take our word for it.

  140. Valhalla–I especially liked the comment regarding how in order to punish cheaters, people would spend a dollar in order to dock the other person’s pay by 2 dollars. My McCain vote explained.

  141. That scrubbing is really bad. Really bad. I’m so sorry for all of you with the 401ks and stocks. I hope that it isn’t 1929, redux.

    It’s about crooks, like the ENRON crooks wiping people out. I don’t believe in 401’s — I could have had that at NYT — but, with the way they manage things now — and the unethical people running things?

    Thievery. That the Press is scrubbing?

    Thievery. Nobody should.

    hugs to all — ps: last night I had a Canadian stop by — he wrote a great piece — even they see the mess we are in — the Canada Free Press is what I’ve been looking at…don’t be put off by his name! — it’s just a mix of the letters in his name — not a cop! — I haven’t read the whole thing yet…..But it’s called the measure of a man…

    http://clancop.wordpress.com/

  142. Irlandese, on October 7th, 2008 at 11:00 am Said:
    That Yahoo/AP story on Corsi being “detained” in Kenya read like 70’s Soviet spin to me. The fact that people want to embrace blissful ignorance and the Obama Mind-F*ck is fast becoming terrifying.
    —————————————–

    Is it just me, or is this kind of a big deal?

  143. Sorry if this has been posted alread- Palin handles a heckler http://www.youtube.com/watch?v=uurZa3HX5f0

  144. I haven’t and wouldn’t spend any time reading his garbage, however, what I have heard from the audio is a very distinctive style of almost a “charge and a defense”. What is Ayers writing style – does anyone know?

    I find it difficult to believe that someone who doesn’t write his own speeches, doesn’t have any kind of a speech pattern with this deep philosophical charge and defense pattern to have been credible in the writing of this book.

  145. California4Clinton: AMEN sister. It’s Castro & Chavez – USA style.

  146. ps! California for Clinton? will you come by with an essay! please!
    this is my new place below through the election — let’s rally CA against it — I smell it too, trained in Depth Psych/Pacifica

    http://californiaagainstobama.wordpress.com

    send your friends! We can make a record of WHY we are…& how we feel cheated since Hillary WON our state!

  147. Thank you RD, for at least mentioning that for some of us there are real world effects of the economic debacle. Some earlier posters allowed as how they would survive just fine, thank you very much, but RD alluded to the possibility that for those already retired this could be devastating. And then she discussed why HRC would be the best person to have in charge in these perilous times.

    Try this on for size: the year after I began saving seriously for my own retirement, we had the crash of ’87. The year after I retired, we experienced the crash of 2001. So this 2008 fiasco is my THIRD turn at the roulette wheel of trying to provide for my own retirement (of course I consulted CFA’s all these years, but all recommendations still include a portion of stock holdings if you hope to outlive your savings).

    Yesterday I was doing a volunteer stint in the morning with a group of younger folk. Like me, they are liberal, but unlike me, they are Obots. Someone ran in and yelled the stock market was down 800 points. They all started cheering and high five-ing. Mystified, I asked why they were so happy. Their answer? “This meant that Obama would win.” I was so shocked that for once in my life I was speechless.

    So yeah, you can bet your sweet bippy this hurts some folks. For starters, try the group who dances with poverty: retired single and widowed women…those who are still trying to avoid being bag ladies by saving and investing as best they can. Sure, talk about the opportunity cost of not having HRC as the nominee and defacto leader of the Democrat party at this very moment. But suggestions, please, on whatever actions we can take individually and collectively to influence what is happening now!

  148. destardi–it’s not just you. That piece hit me like a ton of bricks for some reason. The whole thing is out of control. I’ve not been one for conspiracy theories much, but Corsi is now IMO a political prisoner in Kenya.

  149. Shay: She even gave him the “bless your heart” – HA!

  150. Irlandese: Has Corsi tried to get the US EMbassy to help out??

    Isn’t that what they’re THERE to do??

  151. Carol – I’m with you

    Puma Haka – where do I get your little emoticon?

  152. Great post, RD. I have to admit to being scared. I lost almost 50% of my ‘worth’ yesterday. Since I live off the meager interest income from that ‘worth’ I’m going to be hurting very quickly.

    Three points. 1. We can use the wayback machine to find stuff posted on thei Internet that has been scrubbed. It’s at http://www.archive.org

    2. The dog on the bridge didn’t make it. That was Tubby, and the Professor and the photographer tried to rescue him, but he bit them and wouldn’t leave the car. Tubby was the only fatality.

    3. I live in Kitsap County and lemme tell you, the thing that struck me most about the video, despite the galloping bridge, was the lack of houses on the hills going down to the Bridge. It looks completely different now@!

    ….
    Scared by determined to vote for the woman, because it’s IMPORTANT.

  153. Sheezus.. make that
    scared BUT determined to vote…

    I need more coffee!

  154. Someone ran in and yelled the stock market was down 800 points. They all started cheering and high five-ing. Mystified, I asked why they were so happy. Their answer? “This meant that Obama would win.” I was so shocked that for once in my life I was speechless.

    Wow. In a way I guess they are as indoctrinated as those kids on the video. Nothing matters to them except Obama winning.

  155. salmonrising, too bad we don’t think to get more videos of the Obots like the cheering you saw. When Americans see that his supporters and campaign are happy to use the economy for political effect. Truthfully, I can’t imagine why anyone thinks the economy favors Obama. It doesn’t except in their deluded heads.

    The way his suporters act would turn off a lot of independents.

  156. sarah

    : evil : with no spaces in between

  157. I don’t think it helps Obama that Corsi is a political prisoner in Kenya. Leave it to the Kenyan government to give Corsi a credibility he would not otherwise have had.

  158. Sm77–who knows? With the AP writers practically endorsing detaining Corsi for “including false rumors and smears” in his book. Go read the Yahoo article (I think it was linked upthread). I would hope somebody over there in the McCain camp would want to contact the US Embassy regarding this.

  159. Corsi is a toad, but even toads have a right to criticize and investigate public figures. At least, they used to – in the US of A.

  160. I do deeply and sincerely apologise to anyone who had to read that poetry unprepared, I really shuold have provided masks and goggles .

    .. it is really horrific … we could call him “dances with apes that crunch figs ” but that might be “r*acist”

    Anyone remember the BAD THEATRE and BAD POETRY skits on SNL ?/

  161. Saw the SNL Skit vid. I can see why people had problems w/ it. Besides the one caption “These people should be shot”, but that’s farce. But I have a major problem with SNL presenting all of the subprime mortgage holders as either deadbeats or rich yuppies. I suspect there are many average americans who were victims of this scam. It doesn’t even take one shot at the execs of the big financial houses or the legislators who allowed the regulations to be dismantled. It’s a lousy parody.

  162. I posted A NEW THREAD upstairs

  163. Salmonrising-too right.

    Single and widowed women, whether retirees or moms are among the worst hit financially in the world.
    That’s why so many of us backed Hillary, not just because of gender but also because she was one of the few to understand.
    The DNC just seemed to expect our votes, and told us to get back to our knitting.
    Dearest Michelle seemed to think a $600 tax break was just perfect to buy earrings.

    However I agree with Carol (who has the best business head on this blog- IMO anyway) the deal hasn’t been implemented yet. Europe is moving, Australia has moved- indexes will go down a bit, but probably not more than 5% in the end. Journalists are enjoying themselves.

    Like Bill Clinton said-people were just making too much money out of money.

  164. Laurie – thanks for the heads up.

  165. Economists Statement On Barack Obama’s Risky Economic Proposals

    100 ECONOMISTS WARN THAT WITH CURRRENT WEAK FINANCIAL CONDITIONS BARACK OBAMA’S PROPOSALS RUN A HIGH RISK OF THROWING THE US ECONOMY INTO A DEEP RECESSION

    ARLINGTON, VA — Today, McCain-Palin 2008 released the following statement signed by 100 distinguished and experienced economists at major American universities and research organizations, including five Nobel Prize winners Gary Becker, James Buchanan, Robert Mundell, Edward Prescott, and Vernon Smith. The economists explain why Barack Obama’s proposals, including “misguided tax hikes,” would “decrease the number of jobs in America.” The prospects of such tax rate increases under Barack Obama are already harming the economy. The economists conclude that “Barack Obama’s economic proposals are wrong for the American economy.” The proposals “defy both economic reason and economic experience.”

    The full economists’ statement on Barack Obama’s economic proposals and a complete list of economists who support it follows:

    Barack Obama argues that his proposals to raise tax rates and halt international trade agreements would benefit the American economy. They would do nothing of the sort. Economic analysis and historical experience show that they would do the opposite. They would reduce economic growth and decrease the number of jobs in America. Moreover, with the credit crunch, the housing slump, and high energy prices weakening the U.S. economy, his proposals run a high risk of throwing the economy into a deep recession. It was exactly such misguided tax hikes and protectionism, enacted when the U.S. economy was weak in the early 1930s, that greatly increased the severity of the Great Depression.

    We are very concerned with Barack Obama’s opposition to trade agreements such as the pending one with Colombia, the new one with Central America, or the established one with Canada and Mexico. Exports from the United States to other countries create jobs for Americans. Imports make goods available to Americans at lower prices and are a particular benefit to families and individuals with low incomes. International trade is also a powerful source of strength in a weak economy. In the second quarter of this year, for example, increased international trade did far more to stimulate the U.S. economy than the federal government’s “stimulus” package.

    Ironically, rather than supporting international trade, Barack Obama is now proposing yet another so-called stimulus package, which would do very little to grow the economy. And his proposal to finance the package with higher taxes on oil would raise oil prices directly and by reducing exploration and production.

    We are equally concerned with his proposals to increase tax rates on labor income and investment. His dividend and capital gains tax increases would reduce investment and cut into the savings of millions of Americans. His proposals to increase income and payroll tax rates would discourage the formation and expansion of small businesses and reduce employment and take-home pay, as would his mandates on firms to provide expensive health insurance.

    After hearing such economic criticism of his proposals, Barack Obama has apparently suggested to some people that he might postpone his tax increases, perhaps to 2010. But it is a mistake to think that postponing such tax increases would prevent their harmful effect on the economy today. The prospect of such tax rate increases in 2010 is already a drag on the economy. Businesses considering whether to hire workers today and expand their operations have time horizons longer than a year or two, so the prospect of higher taxes starting in 2009 or 2010 reduces hiring and investment in 2008.

    In sum, Barack Obama’s economic proposals are wrong for the American economy. They defy both economic reason and economic experience.

    Robert Barro, Harvard University
    Gary Becker, University of Chicago
    Sanjai Bhagat, University of Colorado
    Michael Block, University of Arizona
    Brock Blomberg, Claremont-McKenna University
    Michael Bordo, Rutgers University
    Michael Boskin, Stanford University
    Ike Brannon, McCain-Palin 2008
    James Buchanan, George Mason University
    Todd Buchholtz, Two Oceans Fund
    Charles Calomiris, Columbia University
    Jim Carter, Vienna VA
    Barry Chiswick, University of Illinois at Chicago
    John Cogan, Hoover Institution
    Kathleen Cooper, Southern Methodist University
    Ted Covey, McLean VA
    Dan Crippen, former CBO Director
    Mario Crucini, Vanderbilt
    Steve Davis, University of Chicago
    Christopher DeMuth, American Enterprise Institute
    William Dewald, Ohio State University
    Frank Diebold, University of Pennsylvania
    Isaac Ehrlich, State University of New York at Buffalo
    Paul Evans, Ohio State University
    Dan Feenberg, NBER
    Martin Feldstein, Harvard University
    Eric Fisher, California Polytechnic State University
    Kristin Forbes, MIT
    Timothy Fuerst, Bowling Green State University
    Diana Furchtgott-Roth, Hudson Institute
    Paul Gregory, University of Houston
    Earl Grinols, Baylor University
    Rik Hafer, Southern Illinois University Edwardsville
    Gary Hansen, UCLA
    Eric Hanushek, Hoover Institutions
    Kevin Hassett, American Enterprise Institute
    Arlene Holen, Technology Policy Institute
    Douglas Holtz-Eakin, McCain-Palin 2008
    Glenn Hubbard, Columbia University
    Owen Irvine, Michigan State University
    Mike Jensen, Harvard University
    Steven Kaplan, University of Chicago
    Robert King, Boston University
    Meir Kohn, Dartmouth
    Marvin Kosters, American Enterprise Institute
    Anne Krueger, Johns Hopkins University
    Phil Levy, American Enterprise Institute
    Larry Lindsey, The Lindsey Group
    Paul W. MacAvoy. Yale University
    John Makin, American Enterprise Institute
    Burton Malkiel, Princeton University
    Bennett McCallum, Carnegie-Mellon University
    Paul McCracken, University of Michigan
    Will Melick, Kenyon College
    Allan Meltzer, Carnegie-Mellon University
    Enrique Mendoza, University of Maryland
    Jim Miller, George Mason University
    Michael Moore, George Washington University
    Robert Mundell, Columbia University
    Tim Muris, George Mason University
    Kevin Murphy, University of Chicago
    Richard Muth, Emory University
    Charles Nelson, University of Washington
    Bill Niskanen, Cato Institute
    June O’Neill, Baruch College, CUNY
    Lydia Ortega, San Jose State University
    Steve Parente, University of Minnesota
    William Poole, University of Delaware
    Michael Porter, Harvard University
    Barry Poulson, University of Colorado, Boulder
    Edward Prescott, Arizona State University
    Kenneth Rogoff, Harvard University
    Richard Roll, UCLA
    Harvey Rosen, Princeton University
    Robert Rossana, Wayne State University
    Mark Rush, University of Florida
    Tom Saving, Texas A&M University
    Anna Schwartz, NBER
    George Shultz, Stanford University
    Chester Spatt, Carnegie-Mellon University
    David Spencer, Brigham Young University
    Beryl Sprinkle, Former Chair Council of Economic Adviser
    Houston Stokes, University of Illinois in Chicago
    Robert Tamura, Clemson University
    Jack Tatum, Indiana State University
    John Taylor, Stanford University
    Richard Vedder, Ohio University
    William B. Walstad, University of Nebraska
    Murray Weidenbaum, Washington University in St. Louis
    Arnold Zellner, University of Chicago

  166. Carol, the problem is Obama can get 100 economists to say the opposite. I believe Obama’s economic policies will kill us, but people aren’t going to pay any attention to this. Like they seemed to pay no attention to Hillary’s 100 Generals.

  167. thanks Carol!

    👿

  168. Found this and think it’s interesting. Since O is compared to JFK….

    Newsreel: Kennedy Tax Cut Bill

    (cut in corporate tax, but to be fair, anyone know what the corporate tax was in 1962)?

  169. Here’s a link to the SNL bailout skit.
    http://patdollard.com/2008/10/it-is-here-the-banned-snl-skit-cannot-hide-from-louie/
    Scroll to the bottom of the website under a comment by MsUnderestimated is a good wmv copy of it.

    At time index 7:26, two people are speaking and the caption on the screen says “Herbert and Marion Sandler” with another line underneath saying “People who should be shot.”

    It’s supposed to be funny but that’s over the line. We decry this behavior when the rightwingernutters do it. Calls for violence are not funny.

  170. looking for integrity: that was *not* the entire endorsement. That is my point. The part that is missing specifically refers to FDR vs JFK. I can’t find the complete endorsement. I even went as far as calling the Des Moines Register about it because the endorsement is no longer in the archives. It gets better. DailyKos had a diary on it from December 16, 2007. The diary has no content. But the comments are still there. That’s where I found mine.
    I know that what you found *looks* like the whole endorsement but it’s not.

  171. I firmly believe that McCain needs to weave a narative , first by attack with a vision of Obama as the Commander and chief. Two wars, Iran going atomic, North Korea restarting its nuclear program and Pakistan in chaos and have nuclear weapons. Picture that with an economy in a recession and a possible depression and him trying to deal with these crisis’s,. Does that not scare the hell out of you.

  172. RD: I’m late to the comment section, but this post is more important than you think (or maybe not)…Censorship is the number one issue to be feared with Obama in power. Glad you brought it up. So much for the Des Moines Register’s spine.

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