Sunday, November 16, 2008
Stick to baseball, George
One of my least favorite pseudo-conservatives, George Will, shows how out of touch he is with the real conservatives.
McConnell oversaw the loss of the Senate and an unconscienable expansion of the Federal government - No Child Left Behind, Medicare Prescription Benefit, Bank bailout, pork barrel spending, Bridges to Nowhere and other obscenities. While I am glad we did not lose any additional seats to the dems, the GOP needs a better leader than a career inside the Beltway man like McConnell.
One of my least favorite pseudo-conservatives, George Will, shows how out of touch he is with the real conservatives.
WHICH is how discerning conservatives felt while waiting to see if, in Election Day's second-most important voting, Kentuckians would grant a fifth term to Mitch McConnell, leader of the Senate Republicans.
They did, making him Washington's most important Republican and second-most-consequential elected official. This apotheosis has happened even though he is handicapped by, as National Review rather cruelly says, "an owlish, tight-lipped public demeanor reminiscent of George Will."
That disability is, however, a strength, because it precludes an occupational hazard of senators - presidential ambition. Besides, McConnell, 66, is completely a man of the Senate. At 22, he was an intern for Sen. John Sherman Cooper and went from law school to the staff of Sen. Marlow Cook. Because McConnell has been so thoroughly marinated in the institution's subtle mores and complex rules, he'll wring maximum leverage from probably 43 Republican votes.
Which is why Democrats spared no expense in trying to unhorse him, recruiting a rich opponent and supplementing his spending with $6 million from the national party.
Speaking last week by telephone from Kentucky, McConnell said Republicans should feel "disappointment, not despair." Although 23 percent of Barack Obama's voters were under 30, McConnell does not think the younger generation has acquired an indelible Democratic imprint.
Ninety percent of John McCain's vote was white, and the white percentage of the turnout has fallen from 90 percent in 1976 to 77 percent in 2004 and 74 percent in 2008. Hispanics, the nation's largest minority, gave Obama two-thirds of their votes, but McConnell believes that they are entrepreneurial and culturally conservative and therefore not beyond the reach of Republicans.
Legislatively, Republicans can begin clarifying their convictions by pressing to limit the scope and duration of what a Republican administration has unleashed - the increasingly indiscriminate intrusion of government into financing the private sector. McConnell believes the bailout legislation was "necessary but not necessarily precedential."
Democrats probably can peel off a few Republican senators to reach 60 votes for some of their agenda. But not for all of it. For example, McConnell's caucus probably can stop organized labor's top priority - abolition of workers' right to a secret ballot in unionization votes, which Obama has endorsed .
McConnell is Kentucky's most important politician since Henry Clay, "the Great Compromiser." McConnell, too, has the patience that politics repays and that the Republican recuperation might require.
But he also has a keen sense of how the nation "can change on a dime." Drawing upon this year's grim experience, he dryly says: "Governing is a hazardous business for presidential parties."
McConnell oversaw the loss of the Senate and an unconscienable expansion of the Federal government - No Child Left Behind, Medicare Prescription Benefit, Bank bailout, pork barrel spending, Bridges to Nowhere and other obscenities. While I am glad we did not lose any additional seats to the dems, the GOP needs a better leader than a career inside the Beltway man like McConnell.
Friday, November 14, 2008
Wall Street - No confidence vote for Obama
The Chosen one has been elected and the markets are not happy.
The Chosen one has been elected and the markets are not happy.
The voters may be full of hope about the looming Obama Presidency, but so far investors aren't. No President-elect in the postwar era has been greeted with a more audible hiss from Wall Street. The Dow has lost 1,342 points, or about 14%, since the election, with the S&P 500 and Nasdaq hitting similar skids. The Dow fell another 4.7% yesterday.
Much of this is due to hedge fund deleveraging, as well as dreadful corporate earnings reports and pessimism that the recession will be deeper than many had hoped. We also don't want to read too much into short-term market moves. But there's little doubt that uncertainty, and some fear, over Barack Obama's economic agenda is also contributing to the downdraft.
I
The substance of what Mr. Obama has promised for the economy is bearish for stocks. The threat of higher tax rates, especially on capital gains and dividends, now may be getting priced into the market. Add that to investor doubts about Democratic policies on unions, health care and trade -- and no wonder stocks are falling. Lower stock prices in turn reduce household net worth, thus slamming consumer confidence and contributing to what appears to be a consumer spending strike.
If Mr. Obama wants to reassure markets, he could announce that he won't be raising taxes for the foreseeable future. Unlike hundreds of billions in new government spending or more taxpayer cash for Detroit auto companies, this no-tax-hike declaration is a "stimulus" that would cost the U.S. Treasury nothing. In the current market, there won't be many capital gains and few companies will have surplus earnings to pay out in dividends. A higher tax rate on zero gains yields zero revenue, so what's the point of raising rates?
What markets want to see from Mr. Obama is a sense that the seriousness of this downturn is causing him to rethink the worst of his antigrowth policies.
Thursday, November 13, 2008
The Fix is in in Minnesota
The dems are just blatantly giving everyone the finger while they steal the Minnesota Senate election.
The dems are just blatantly giving everyone the finger while they steal the Minnesota Senate election.
F Al Franken wins his Minnesota race, Democrats will get at least 58 US senators, giving them an effectively filibuster-proof majority.
When Franken woke up on the day after the election, his GOP opponent, Sen. Norm Coleman, led by what seemed a relatively comfortable 725 votes. By that night, Coleman's lead had shrunk to 477. By Thursday, it was 336. Friday, 239.
By late Sunday, the difference had gone to just 221. When counties finally certified the results on Monday, Coleman's lead had been cut to 206.
A pickup of 519 votes over 5 days - pretty impressive when you consider this was just from the correction of
typos. A recount won't even start until Nov. 19.
Yet, the particular changes are unlikely to have occurred by accident.
Corrections were posted in other races, but they were only a fraction of those for the Senate race. The Senate gains for Franken were 2.2 times the gain from corrections for Barack Obama, 2.7 times the gain Democrats got across all Minnesota congressional races and 5.6 times the net loss that Democrats suffered for all state House races.
In total, the 519 net pro-Franken corrections were greater than the total changes for all precincts in the state for the presidential race, all congressional races and all state House races combined.
But it isn't only the size of the corrections that make these changes so surprising. The majority of Franken's new votes came from just three out of 4,130 precincts. Almost half the gain (248 votes) occurred in one precinct: Two Harbors, a small town north of Duluth along Lake Superior, a heavily Democratic precinct where Obama got 64 percent of the vote.
No other race had any changes in its vote total in that precinct. That single precinct's corrections produced a much larger net swing in votes than occurred for all the precincts in the state for the presidential, congressional or state House races.
Also troubling is that new ballots that weren't included in the original count are being discovered. While not yet a large number, 32 absentee ballots were discovered in Democratic Minneapolis under the control of a single Democratic election judge after all the votes had been counted. When those votes are added, they'll likely cut Coleman's lead further.
The recount starting next week presents an even bigger opportunity for fraud. There's often a lot of pressure to assume that people meant to vote even if they didn't, and it is hard for politics not to enter into these decisions. Yet, relatively few voters failed to record votes this election. Only 0.4 percent of Minnesotans who voted didn't want to vote for president.
Many problems become more obvious in such close races. From ACORN registering thousands of phantom voters to the lack of verifiable voter IDs, Minnesota has many problems with voting that need to be fixed.
But it is the sequence of extremely unlikely events that's giving Minnesotans real concerns. The state's one tight race just happens to be the one with by far the most "corrected" votes, and those corrected votes are occurring in the most Democratic areas - and, no surpirse, favoring the Demcratic candidate.
But the real travesty will be to start letting election officials divine voters' intent. If you want to discourage people from voting, election fraud is one sure way of doing it.
Kudos to this priest
A priest from South Carolina tells his flock how it is: Repent for voting for Obama.
A priest from South Carolina tells his flock how it is: Repent for voting for Obama.
A South Carolina Roman Catholic priest has told his parishioners that they should refrain from receiving Holy Communion if they voted for Barack Obama because the Democratic president-elect supports abortion, and supporting him "constitutes material cooperation with intrinsic evil."
The Rev. Jay Scott Newman said in a letter distributed Sunday to parishioners at St. Mary's Catholic Church in Greenville that they are putting their souls at risk if they take Holy Communion before doing penance for their vote.
"Our nation has chosen for its chief executive the most radical pro-abortion politician ever to serve in the United States Senate or to run for president," Newman wrote, referring to Obama by his full name, including his middle name of Hussein.
"Voting for a pro-abortion politician when a plausible pro-life alternative exits constitutes material cooperation with intrinsic evil, and those Catholics who do so place themselves outside of the full communion of Christ's Church and under the judgment of divine law. Persons in this condition should not receive Holy Communion until and unless they are reconciled to God in the Sacrament of Penance, lest they eat and drink their own condemnation."
During the 2008 presidential campaign, many bishops spoke out on abortion more boldly than four years earlier, telling Catholic politicians and voters that the issue should be the most important consideration in setting policy and deciding which candidate to back. A few church leaders said parishioners risked their immortal soul by voting for candidates who support abortion rights.
But bishops differ on whether Catholic lawmakers — and voters — should refrain from receiving Communion if they diverge from church teaching on abortion. Each bishop sets policy in his own diocese. In their annual fall meeting, the nation's Catholic bishops vowed Tuesday to forcefully confront the Obama administration over its support for abortion rights.
"It was not an attempt to make a partisan point," Newman said in a telephone interview Thursday. "In fact, in this election, for the sake of argument, if the Republican candidate had been pro-abortion, and the Democratic candidate had been pro-life, everything that I wrote would have been exactly the same."
Bishops grow a spine, cut ties to ACORN
This piece of news makes my contribution grow larger.
The damage has been done with the massive ACORN voter fraud, but at least they will not get any money from me through the Church.
This piece of news makes my contribution grow larger.
A community grantmaking arm of the U.S. Roman Catholic bishops has cut off all funding for a group embroiled in controversy over claims of voter registration fraud and embezzlement, church leaders said Tuesday.
The Catholic Campaign for Human Development, which supports anti-poverty and social justice programs nationwide, will no longer make grants to the Association of Community Organizations for Reform Now, known as ACORN, said Auxiliary Bishop Robert Morin of New Orleans.
The decision was made following claims that nearly $1 million had been embezzled from ACORN by the brother of its founder.
Morin, who helps oversee the Catholic program, said forensic accountants hired by the church found that "our funds were not involved with those that had been embezzled."
The Catholic Campaign for Human Development, which has an annual budget of about $10 million, had planned to grant about $1 million to local groups across the country through ACORN this fiscal year, Morin said. None of that money will be distributed.
"There will be no funding relationships with ACORN groups in the future," Morin said, during the fall meeting of the U.S. Conference of Catholic Bishops.
Steve Kekst, ACORN executive director, said Tuesday night that he had just learned of the decision and declined to comment until he could speak with church leaders.
ACORN founder Wade Rathke has defended allowing his brother to make restitution privately, saying that getting law enforcement involved could have risked ACORN's financial ruin.
New Orleans-based ACORN, which has chapters in 110 cities and 40 states, completed a massive registration drive in poor and working-class neighborhoods — which tend to vote Democratic — across 21 states, signing up more than 1 million new voters.
ACORN, which advocates for the underprivileged, has said the registration problems were isolated and that its own workers noticed the problems and alerted local election officials in every state that is now investigating.
The Catholic Campaign for Human Development gets most of its funds from parish collections the weekend before Thanksgiving, according to its annual report.
The collection this year is set for Nov. 22-23.
The damage has been done with the massive ACORN voter fraud, but at least they will not get any money from me through the Church.
Tuesday, November 04, 2008

