Archive for October, 2008

Barack Obama for President

Well, the Washington Post formally endorsed Barack Obama (no real surprise), and they list several good reasons. So I figure I’d give some critical reasons for why I believe Barack Obama should be the next President of the United States of America.
1. He is “The Messiah”

2. He sinks 18ft jumpshots with ease

3. He is left [...]

Something funny (or sad)

In one day, Joe the Plumber has done more interviews that Sarah Palin.

The Final Debate

What hasn’t been said by now? Obama didn’t screw up, and McCain delivered a better show but didn’t do what was needed. Big props to Bob Schieffer for asking tough, direct questions (at least in the first half of the debate). He actually got the largest applause in the watching party I attended for his [...]

What does a campaign wind-down look like?

Today FiveThirtyEight released a set of polling data regarding early voting in swing states, all which had Obama very much in the lead. The final debate is tonight, and it’s clear that Obama just has to stay calm — no need to go out on a limb and the win will go to him. McCain [...]

Sometimes its good to pay attention to people smarter than you

An article that (now Nobel Prize-winning) economist Paul Krugman wrote back in 1997, Seven Habits of Highly Defective Investors:
7. Play with other people’s money. If, as I said, the people at that meeting were very smart, why did they act in ways that seem so foolish? Part of the answer, I suspect, is that they [...]

The electoral vote meter

We may be entering into RACISM IS OVER territory here soon.

“West Wing” Redux?

Headline from CNN:
About 2,500 flee chemical leak in Pennsylvania
PETROLIA, Pennsylvania (AP) — A corrosive liquid overflowed from a tank at a chemical plant in western Pennsylvania on Saturday, evaporating into a toxic cloud that snaked along the ground and forced about 2,500 people to flee. At least three residents were believed to be injured.
Season 7, [...]

A fundamental failing of today’s Republican Party

David Brooks, former columnist for the staunchly conservative National Review, has an op-ed in the NYTimes where he describes what I consider the fundamental failing of today’s Republican Party: the rejection of the intellectual class.
But over the past few decades, the Republican Party has driven away people who live in cities, in highly educated regions [...]

Time to head for the hills

Fuuuuuuuuuuuuuuuuuuuuuck.

Friendly fire hurts

After McCain’s campaign suspension stunt, the public was already feeling a bit uneasiness about McCain being too erratic with the economy. At the 2nd presidential debate, McCain announced a plan for the Treasury to buy up bad mortgages to prevent foreclosures and evictions. The criticism came in swiftly, but the one from the editors of [...]

Looking ahead to a next president’s administration

As Mike has noted, last night’s debate was good for Obama, even though no knockout punches were delivered. Fivethirtyeight is now showing a 90.5% win percentage with 346 electoral votes projected.
The race seems to be settling at a higher ‘energy state’, to use a science analogy, in Obama’s favor. Now, three issues in particular have [...]

Obama’s good night

The single best answer Obama gave last night. One morning later, all major news networks show Obama clearly walked away the winner from this debate with higher favorability numbers than McCain. And with the latest Gallup poll showing Obama leading nationally by 11 points and fivethirtyeight.com projecting for the first time a +90% chance of [...]

The Afghanistan problem

Lost in all the brouhaha of the 2008 presidential campaign and the current global financial meltdown is the flurry of events occurring right now in Afghanistan. Once the forgotten war next to Iraq, the conflict in Afghanistan actually surpassed Iraq in casualties for the months of June and July and British troops are now being [...]

The current perception of the race

Even as McCain attempts to resuscitate his campaign by launching a series of smears aimed at connecting Obama with controversial figures like Rezko and Ayers and even as Obama counters by broaching the subject of McCain’s role in the infamous Keating Five scandal many pundits, journalists, and even high-ranking politicians are whispering behind the scenes: [...]

A few thoughts before the weekend

A few thoughts before I go AWOL this weekend.
@ Bailout: Good to see the House finally doing their job. And by doing their job, I mean adding in some sweeteners to bribe make Congressmen into voting for it.
@ VP Debate: Biden left no question that he’s capable and ready for the role of vice president. [...]

Over the edge

Krugman warns that the economy might already have jumped over the cliff:
Double plus ungood news on multiple fronts this morning. The credit crunch is getting worse: LIBOR jumped again, the TED spread is at a new record. Bad news on employment: payrolls down 159,000, average work week down, official unemployment rate flat at 6.1 percent [...]

The state of the race

The awesome fivethirtyeight.com discusses how its increasingly clear that even without battleground states, Obama is projected to win 269 electoral votes:
To break down the math, we project all Kerry states save New Hampshire outside of five points, so that’s 252 minus 4, or 248. Then add Iowa (7 EV), New Mexico (5 EV) and Colorado [...]

A look into the future?

The Simpsons looks at this year’s election:

Senate 1, House 0

The Senate yesterday approved a “sweetened” version of the bailout bill by an impressive 74 to 25. First question, that came to my mind was who didn’t vote? Then I remembered Sen Kennedy (D-Mass) is still hospitalized. The bill increases FDIC coverage up to 250K without additional charges on banks, limits executive pay (if [...]

Predictable result of confusion of financial markets

From Time magazine:
After the bailout bill went down in defeat, most of the legislators who had voted against it sang this refrain: The voters made us do it. Indeed, before Monday’s vote, angry constituents overwhelmingly panned the plan championed by Treasury Secretary Henry Paulson. The volume of e-mail crashed the House’s website. After Wall Street [...]