Monday, December 8, 2008
No More Private Jets? CEO's might have to fly economy class?
As much as this article makes it seem like Chris Dodd and democrats are really attacking the CEO's and big executives within the auto industry we all know that these people will still be living the same life style they always have. Funded by the taxpayers this time. AIG executives have been seen flying private jets, staying in fancy spas, and renting out large banquets for parties.
Do these CEO's feel any guilt in having the hard working American tax payer, pay for luxuries most have never even experienced? Our politicians should force all three CEO's to step down. American car companies have not been investing in the future for a long time. They have been concerned with their SUV's, Trucks, and high margin vehicles. Forget about the hybrids, electric, and solar powered ideas of the future.
What kind of example does this give to companies in other industries? The banking industry had millions of peoples life savings, retirements, college savings, and mortgages. But do we really need to save the Ford Explorer? Companies have failed before because of poor decisions, and new and better ones have risen up. Whats to say someone else won't step up?
http://www.nytimes.com/2008/12/09/business/09auto.html?pagewanted=2&_r=1&hp
Thursday, December 4, 2008
First One Hundred Days
article found at: http://www.nytimes.com/2008/12/04/us/politics/04web-cooper.html
Monday, December 1, 2008
James Jones Jr. James Jones: Obama's National Security Surprise
http://www.time.com/time/politics/article/0,8599,1862911,00.html?cnn=yes
Sunday, November 30, 2008
Obama’s Team Isn’t Exactly a Break With the Past
http://www.nytimes.com/2008/11/30/business/30every.html?_r=1&ref=politics
Monday, November 24, 2008
Don't be Depressed, It's not 1929
Article:
http://www.newsweek.com/id/170340
Sunday, November 23, 2008
Will Clinton be Obama's frenemy of State?
On the other hand, Hillary Clinton's experience with foreign nations could be a valuable asset to the Obama administration. However, this is a double-edged sword because with so much foreign policy experience, Clinton is likely to have her own adgenda when it comes to foreign issues. This would detract from her loyalty to the Obama.
Taking these arguments into accound, I don't think Hillary Clinton would make a great secretary of state for several reasons. First, there is too much tension between her and Obama from the start. These issues need to be resolved prior to Obama taking office. Second, Bill Clinton will always be there no matter what. He is too influencial to simply stay on the sidelines and watch Hillary's every move. I am sure he will have a lot of influence on Hillary behind the scences. Nontheless, the only way to find out whether she will make a good secretary of state is to wait and see what happens. Will her own adgenda or Bill Clinton detract from her loyalty to the President? Only one way to find out...
Here is the link to the article:
Will Clinton be Obama's Frenemy of State?
Obama's Stimulus Package
News that Geithner, the president of the federal reserve bank, would be the treasury secretary boosted the stock market 500 points. I think this is a good sign that Obama is on the right track since he has already had a hand boosting the stock market and he is not even in office yet.
Overall, even though Obama may think he can get his plan going a lot quicker than he really can, I do think he will do a good job in helping the current state of the economy.
Article: http://www.nytimes.com/2008/11/24/us/politics/24transition.html?pagewanted=1&_r=1&hp
"Socialism is not the problem"
I think this article makes a great point by saying that if Obama decides to follow an over-the-top policy structure with a dash of experimentation, then the U.S. could be in for some more rocky economic times. I agree with Chapman that Obama is obviously not a socialist, despite his redistirbution of wealth proposals, but is this direction of BIG government and intervention as well as policy experiments that great of an alternative either. Clearly, I would not want to be in a socialist state with Karl Marx as my leader, but this idea of very large government is closing in on the ideas of Thomas Hobbes.
Thursday, November 20, 2008
Iran said to have enough nuclear fuel for one weapon
According to nuclear experts, based on the production levels by Iran in the past they should have enough nuclear material to construct an atomic weapon. However, it should be noted that this material is low-enriched uranium - mostly useless for a conventional atomic weapon. Iran would still need to develop a warhead capable of delivering the payload, as well as enrich the material to weapons grade. Both would be incredibly difficult to succeed, given the country's resources and the fact that it has numerous inspectors within its facilities making sure it does not do exactly this.
Iran has constantly threatened to force these inspectors out, and it will be interesting to see how the Iranian government acts now that Obama is president. Will it attempt to challenge the new President? How should the world respond to a Iran with nuclear capabilities? Both are key questions that could have an enormous impact on the years to come.
Monday, November 17, 2008
Ex-Rivals Stand to Gain From Meeting
http://online.wsj.com/article/SB122687265152531765.html
Their first proposal calls for president-elect Obama to support another bold stimulus package, one which would cost the American government 100 billion dollars. It is certainly hard to determine whether such government spending would improve the economy. Earlier in the year, Congress supported a 168 billion dollar package, giving American “folks” checks of around $600. However, the stimulus package didn’t set off any large economic activity. But I believe if president-elect Obama were to support another stimulus package, this one would be way more beneficial to the economy. This is simply due to timing. The holiday season is already here, and a few extra hundred dollars in American family’s checking accounts would most certainly recycle directly directly back into the consumer markets, bolstering economic growth and helping large and small businesses.
The second proposal calls for Obama to support Aid for GM and Ford, calling the government to send 25 billion dollars to each corporation which would eventually pay the government a dividend. I think the consequences of these actions could be dangerous. We have already seen the government bailout major insurance corporations like AIG and financial consulting firms like Merrill Lynch. There must be other ways the government can help America’s economic backbone in the automobile industry rather than direct bailouts. Soon all large corporations would become dependent on government bailout money, granting our government unprecedented power and control over huge, public corporations. We are a nation founded upon the economic principle of free trade, private companies, and open markets with as little government interaction as possible. We do not want our government to become too large or powerful. However, I am in favor of this article’s seventh proposal, which calls for changing the fuel-efficiency rules for this nation’s automobile companies. Ford and GM should be able to import their small cars from over-seas so they can maintain the Corporate Average Fuel Economy standard, while they work on technologies for alternative fuel vehicles.
I also agree with the article’s proposals to delay tax increases and support legislation that would keep union ballot’s secret. Barack Obama promised to raise taxes on wealthy American’s throughout his campaign. However, I agree with the article in believing such an increase on the wealthy at this point in time, with the economy in its current state, would only hurt attempts to restore it. The wealthy’s money is usually expended into family businesses and public stock, helping create jobs. Yet, I don’t agree with the article when it says to increase tax on gasoline. I believe high prices of gas would only cause panic once again in the economy and would out-weigh the incentives to buy more fuel-efficient vehicles. Lastly, I agree with helping keep union’s ballots secret. Union members should not be influenced in any ways by outside forces to vote for something pertaining to their job. They should be able to vote their conscience and not be intimidated by higher authority. Such legislation would promote union membership and increase jobs in the United States.
I will end this blog with a few simple questions. What do you, the reader, think of these proposals: Will they help our economy or only send it further plunging into recession? Do you agree with my opinions? Are there any steps you think Barack Obama should take that aren’t outlined in the article? Do you think there are steps which were outlined that shouldn’t be taken?
Here is the link to the article
http://online.barrons.com/article/SB122670713307329839.html?mod=b_hpp_9_0002_b_this_weeks_magazine_home_top&page=1
The Early Word: Clinton(s) in Foggy Bottom?
http://thecaucus.blogs.nytimes.com/2008/11/17/the-early-word-clintons-in-foggy-bottom/
The GOP Future Lies With Republican Governors?
It's a pretty accurate statement overall. With the Democrats holding most of the Congressional seats, there won't be as many conservative policies passed. Because the GOP members of Congress won't be able to pass as many Republican-supported bills, the focus will then be forwarded to the Governors. It'll be interesting to see over the next four years, which GOP Governors step up to the plate. Some governors that have been talked about recently as possible presidential candidates in 2012 are Charlie Crist of Florida, Tim Pawlenty of Minnesota and Bobby Jindal of Louisiana, and most noticeably, Sarah Palin of Alaska.
Overall, the Republican party is going to have to be pretty careful over the next few years. They are going to have to make sure and keep the current Republican Congressional and Gubernatorial seats as well as maintain good publicity that will show the public that the Republican Party is what the U.S. needs for a successful future. If they gain the public's trust again, they will be back on track for a possible win in 2012.
http://www.palmbeachpost.com/politics/content/shared-gen/ap/General_Election_News/Republican_Governors.html
Barack Obama: FDR, Lincoln, and Jesus, All Rolled Into One!
If one were to watch MSNBC or pick up any relevant news magazine, it would appear that Barack Obama, without spending a single minute in the Oval Office, has already been named the "Greatest President of All Time". It seems that, before even taking office, journalists feel content in proclaiming the president-elect as an amalgamation of some of the most respected presidents in our nation's history.
Reporters have no problem comparing Obama to FDR in terms of handling the economy and the expected impending recession. Apparently, rhetoric and campaign promises are enough to put Obama on equal grounds with FDR himself. Call me crazy, but I fail to see justification for putting Obama on par with the man who is credited with saving us from the Depression, the worst economic quagmire in the history of free-market capitalism, before a single act is handed down from the Obama administration.
When it comes to dealing with the perceived fractured, partisan political state of this nation, journalists are already hailing Obama as a reincarnation of Abe Lincoln himself. This even further enrages me, that before even entering office Obama is already being placed on the same level as the man who overcame neverending barriers and tests to bring together a nation literally at war over ideological differences.
As a man who has great respect for US history, I find it insulting that, while FDR and Lincoln had to prove themselves to the world and overcome incredible odds, Obama is being given a free pass, being elevated to this upper echelon of leaders without even being inaugurated.
Sunday, November 16, 2008
The Brilliant Brain Trust
http://www.newsweek.com/id/169174
Tuesday, November 11, 2008
Palin's 2012 Playbook
http://www.newsweek.com/id/167473/page/2
Monday, November 10, 2008
How McCain lost: Message, funding woes
http://www.usatoday.com/news/politics/election2008/2008-11-05-mccain-how-he-lost_N.htm
A Few Post Election Thoughts
Link:http://www.realclearpolitics.com/articles/2008/11/a_few_postelection_thoughts.html
Saturday, November 8, 2008
GOP Defeat
In this article, Laura Meckler uses hindsight to begin dissecting Senator John McCain’s strategy to figure out why he was defeated. I found it interesting because in class we said that many Republicans would blame the loss on McCain’s breaks with Republicans, but this article takes the opposite approach. We have also discussed McCain’s unclear message and this explains how his initial image as a ‘maverick’ was blurred in order to try to appeal to the conservative voters that make up the base of the Republican Party. McCain’s message needed to be consistent and credible. I think that there will be criticism from both sides of his party. The conservatives will say that he was too bipartisan, while the moderate Republicans will claim that he ran as too conservative. Basically, Senator McCain did not stick to one side. He took the middle-of-the-road position and got hit by the metaphorical truck.
The article points out that McCain simply did not emphasize his differences from the Republican Party enough. This goes along with the message box from the “Crafting your Campaign’s Message” chapter. McCain had these points about himself but his message did not “zero-in” on them as strengths. His choice of Governor Palin over Senator Joe Lieberman was intended to please conservatives and it turned away many independent voters that the once Democratic Senator may have gained. McCain knew that he needed the Republican base to win and that turning them off would lose the election. This put McCain in a tight position and explains why his message was wavering.
Wednesday, October 29, 2008
Michigan
First off, the state of Michigan (according to the Pew Forum) is 49% Democratic or Democratic leaning compared to 33% Republican and 11% Independent. Over recent the recent history of presidential elections (since 1992), Michigan has voted for the Democratic candidate for President by an average of 7.5%. Given the current state of America right now, I just don’t see any reason why this liberal trend would not continue, given the far left policies proposed by Obama. In the 2004 congressional race most districts in Michigan voted for GOP candidates, and after the economic crisis and the troubles that Michigan’s auto industry has experienced, many citizens may buck that in favor of change.
The second significant factor in trying to determine who will win Michigan in the 2008 election is examining how the current financial crisis and ongoing credit crunch affects Michigan. One of the reasons Michigan thrived earlier in the century is one of the reasons for the state currently holding the highest unemployment rate in the nation; the auto industry. Thousands of auto workers in Michigan have been laid off because of cutbacks in production, outsourced jobs, and overall lower profits for GM and Ford. This has negatively affected many families’ abilities to pay their mortgage (perhaps a sub-prime one), causing them to sell their house at a lower price than they bought it or foreclose. Michigan’s major cities such as Detroit and Flint have witnessed many foreclosures and have continually deteriorated since the 1990s (perhaps one of the reasons for voting Democratic over the past 12 years). Many of Obama’s policies, such as “redistributing wealth”, sound appealing to the constituents of Michigan who are just looking for a little change for the better.
Finally, we can examine the current polls in senate races and the presidential race to see if that could give us a hint at where the state is leaning. In the 2006 senate election the Democratic candidate won by 16%. The 2008 Michigan senate polls (RCP average) show that the Democratic candidate is going to win by a margin of 27%. According the Rasmussen poll of 500 likely voters Obama holds 16% lead over McCain and the RCP average has Obama leading by a percentage point less than that.
My final answer, in a sense, is that Obama will win the state of Michigan rather easily. I am going to predict that he wins by about 12%. I am estimating a lower percentage than most polls because I really believe that many of the younger voters and potentially the race factor may make the election closer in some areas, perhaps Michigan is one.
Who will win the following state?
When I make my predictions, I start with some objective criteria. I begin by estimating the vote in each state without considering the candidates or the campaign. How should a generic Republican do against a generic Democrat in this particular political climate? Then I add the candidates and their campaigns to the mix.
What you do not want to do is start by looking at the current poll numbers. That is not an explanation. These numbers do give you some indication on how effective their campaigns have been in that state, so you can use it to help you estimate the final numbers.
Monday, October 20, 2008
McCain strategy not hitting home with voters, polls suggest
article: http://www.boston.com/news/politics/politicalintelligence/
Thursday, October 16, 2008
Obama Hasn't Closed the Sale
http://online.wsj.com/article/SB122411909182439021.html
This article outlines the important campaign tactics that each candidate will focus on in the next few weeks. It goes over the advantages and disadvantages that each candidate has over the other, and although the title seems to say that Obama is not already too far ahead, it is not exactly encouraging for the McCain campaign. Like many other articles in the news today, it says that McCain has some catching up to do, and his campaign faces a difficult challenge. The debate last showed us the confidence Obama had when sitting next to McCain, who resorted to sarcastic attacks while Obama kept his cool and certainly appeared to think he had it in the bag. The article outlines a weakness of Obama's that I think is McCain's best chance at winning the election - plans for the economy. Obama has not shown us any of his black and white plans to help fix the economy, and people have paid attention to this. If McCain can stick to clear policy proposals that appeal to voters, he can stand to gain a lot of ground. It's no secret that the focus of this election is now on the economy.Wednesday, October 15, 2008
Here is the link
http://online.wsj.com/article/SB122400985382133155.html
Don't Call It A 'Comeback'
http://blog.newsweek.com/blogs/stumper/archive/2008/10/14/don-t-call-it-a-comeback.aspx
Monday, October 6, 2008
Is Era of Dominance Over for Conservatives?
http://www.nytimes.com/2008/10/06/us/politics/06caucus.html?_r=2&ei=5070&adxnnl=1&oref=slogin&emc=eta1&adxnnlx=1223294803-IQ1K6xueNKy5zCE+8NnMsg&oref=slogin
Panic engulfs global stock markets
The article gives an overview of how the recent turmoil in the financial markets is not limited to America. The stock market recently dropped below 10,000 for the first time in four years. Analysts say that the main reason for this has been a recent drop in world markets, which is also being perpetuated by the recent weeks of turmoil in the American markets. Relating this issue back politics, my question lies in which candidate would not be the most effective in calming the nerves of American investors, but which would be the more effective person to help calm the foreign markets? For example, this could be achieved either through which candidate is perceived "better" by foreigners, or who has a stronger foreign economic plan.
Sunday, October 5, 2008
Lessons Taught By FDR
If Obama is going to put confidence back into the public, he is going to have to start making plans that are going to help the economy. In the debate, he failed to give a valid answer to the economic woes. The American public is looking for answers. We are in a new era now. Things will not be the same as they were prior to the failure of the corporate giants. The nation needs a president who can function in this new era. Who is the person for the job? It is a tough question to answer. With the bailout being such a controversial issue, the candidates are not willing to take a pertinent stance. Obama should not have backed the Bush administration’s bailout plan because it restricts Obama’s freedom to act. The nation wants to see a person who can come up with answers. The nation wants a person who can make the answer not just agree with someone else.
Friday, October 3, 2008
McCain Abandons His Efforts to Win Michigan
http://www.nytimes.com/2008/10/03/us/politics/03michigan.html?_r=1&ref=politics&oref=slogin
This article was very interesting to me because it shows how important the economy is to the presidential election and the candidate’s campaigning strategies. For instance, previously, McCain said how important Michigan was to the election, but now he is not campaigning there at all. The article mentions “Mr. McCain’s somewhat unsteady response to” the financial crisis. If this is how the general public views his response, it could seriously affect his chance at the presidency.
I’m curious if the McCain campaign will really stop all advertising in Michigan. I wonder what effect this strategy will have on the Republicans in Michigan. Will Obama win the state? How much of Obama’s funds will be redirected away from Michigan?
Monday, September 29, 2008
The Economy
With the economy at the front burner, the candidates are going to have to present their position. The disasters that have ravaged the economy have thrown politicians a curve ball. Uncertainty surrounds what should and should not be done. America is divided on the topic of the government intervention. Obama and McCain are going to have to speak clearly and precisely on how they intend on fixing the market. Is the market fixable by the government? Do Obama and/or McCain have the required experience in the economy to fix it?
Sunday, September 28, 2008
Conservatives Viewed Bailout As Last Straw
This article talks about the Republican party's reluctance about passing the $700 billion bill proposed by George Bush. Instead of passing Bush's plan, the Republican party wants to look into alternative ways of alleviating the financial crisis. The Republican's do see however, that something needs to be done. As Jeb Hensarling of Texas said, "You were being asked to choose between financial meltdown on the one hand and taxpayer bankruptcy and the road to socialism on the other and you were told do it in 24 hours...It was just never going to happen.'' According to the article, Republicans recognize that the potential failure of the plan would be attributed to them. This is why they [the Republicans] wanted to make it very clear that they want to see government intervention, but different from the one currently proposed by the White House. This has created a lot of tension between the members of the Republican party, sparking many arguments between them. What I think is interesting about this situation as a whole is that we are seeing that the Republucans are not siding with the President because they realize he is trying to get this bill passed "on his way out of the White House." No matter what plan they come up with, I am conviced that there will be a bailout of some sort nontheless.
Debate Winner
This article shows the campaign ads of both Obama and McCain post debate and shows their different approaches and how they were trying to spin the debate. Obama's campaign ad was saying that McCain never mentioned the middle class once during the whole debate. McCain's campaign ad shows various clips where Obama is agreeing with McCain on one subject matter or another. McCain also tried to emphasize his experience whereas Obama emphasized change. The article mentions that one of Obama's goals for the debate was to link McCain to Bush in terms of economic policy so people will be put off by that. I don't know how successful Obama was in creating this link, but I think it is a good strategy because people are clearly displeased with how the economy has turned out under the Bush administration. McCain is generally not that great of a public speaker, but I think the debate was his best public appearance so far. He looked composed and did a good job speaking, which is very good for him because he does not want the image of a poor public speaker. A president should always seem knowledgeable and confident while speaking in public and I think McCain's showing at the debate definitely helped him in that regard. The ultimate question is who really "won" the debate? I think McCain's stronger than usual speaking and his ad repeatedly showing Obama agreeing with his points makes him seem like he might have a leg up over Obama. Also, though both candidates had about equal speaking time, McCain seemed to dominate most of the conversation. I am wondering now if this recent debate will significantly change the polls one way or another or not.
First Debate
I read a piece of commentary on the first presidential debate that took place on Friday night. The author points out that this debate is what American politics are all about. There were relatively few scripted zingers and most of the debate contained good substance and allowed viewers to gain valuable insight. After watching the debate I felt that both candidates did well and each had their good moments and bad. However, the true value of this debate was the chance to see some true differences bewtween the candidates. Not universal differneces such as healthcare and the war in Iraq, but differences in opinion on how to handle Iran and other foreign policy issues that do not garner much air time. Another interesting difference that the author points out is how each candidate would alter their plans because of the $700 billion bailout. Interestingly McCain called for a freeze on all programs except for those that are vital. Obama also said spending needs to be reigned in but woudn't want to sacrifice early childhood education programs. I believe this a real fundamental difference between the two candidates and is something that we could see the effects of once either candidate takes office. Would a spending freeze on all programs except those that are considered vital be a benefitial move? And does Obama really think that early childhood education is going to take precedence over other critical programs such as national defense, social security, etc?
Palin Qualified?
Monday, September 22, 2008
McCain and Mikheil: a Dangerous Relationship? Nice Try, But That Ain't Gonna Work...
The article explains in detail the close friendship of John McCain and Georgian president Mikheil Saakashvilli, from when they first met at a gathering in Washington in 1995 through the Georgian-Russian war this past summer, in which Saakashvilli called McCain on a daily basis for support and guidance. The article attempts to argue that this relationship could be detrimental to the United States' foreign policy decisions in a McCain-led administration. The author claims that this friendship could cloud his judgment, and even cites an official as saying "When you personalize these issues, you lose sight of some more basic national interests" to convey the message that John would not be acting in ways that would best serve the US as a result.
I find this entire argument quite laughable.
First, the fact that McCain knows and gets along with the leader of our most fervent ally should only be seen as a positive. At a time when the United States needs all the allies it can get, how can a candidate that would immediately solidify a relationship with such a crucial allied nation not be seen as a plus? That McCain already knows and converses regularly with world leaders can only make him more qualified to handle our nation's foreign policy affairs.
Second, just because they are longtime friends, McCain will not blindly follow Saakashvilli's words. The article also details the story of how when Saakashvilli won the election to become Georgia's president, the incumbent refused to relinquish his seat. John McCain called up the incumbent, who was also a good friend at the time, to demand that he step down from office. The author also explains that last November, when Saakashvilli ordered a crackdown on an opposition TV station, McCain called and demanded that "all freedoms [be] restored" immediately. These two events show that McCain will not let friendships get in the way of his personal convictions, which is something I admire in a politician.
Let her fight.
America's Stress Test
The article is about McCain and Obama's reaction towards the recent Wall Street Crisis. the article notes that neither were prepared for this crisis,even though the economy has been in such bad shape for at least a year now. The article brings up the strong complaint that if they don't know how to react now, how will it be when either is elected President. This is a frightening thing to think about. After seeing how both candidates reacted, it is hard to say which is ready to react as a President and not just stand up and be able to talk their way out of everything. The article brings up the idea of McCain and Obama running "shallow" campaigns. Neither could react to the economy's problems and they are afraid to lose votes by saying the wrong things. This article brings up the reality that neither candidate is fit for dealing with a crisis and with our current economy, a crisis is never too far away.
Time for a GOP Panic?
http://www.spectator.org/dsp_article.asp?art_id=13921
The article describes how the polls are showing more of a lead by the Democrats in the recent week or so. When Palin was first nominated for Vice President, GOP ratings went up causing the Democrats to get worried. However, after Palin's interview with Charlie Gibson and Obama's recent attacks with his TV ads, the Republicans have lost that lead. "Palin's approval numbers took a nosedive, going from 52% positive to 41% positive in the space of eight days, while her negatives ratings rose from 35% to 46%."
I find this article interesting because it kind of describes how the presidential race is never clearly in favor of one candidate. It varies week-by-week. One week Obama may be ahead, while the next McCain may be. The media plays a huge role because of their biases and the clips that they choose to show. While for this week Palin may be the victim, with the upcoming presidential debate, the next victim may be Obama, especially if foreign policy becomes a hot topic. Either way, it shows that neither party should never be comfortable in their position and it's always good to stay on edge. This is the reason why some people find politics to be entertainment in itself.