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Monday :: September 15, 2008

Alaska Minister Frightened by Sarah Palin's Candidacy

Salon has an article about Alaska Baptist Minister Howard Bess who says he is frightened by Gov. Sarah Palin's injection of her evangelical views into her governing. He says as Mayor she tried to ban his book about gays from the public library, ban abortion at a local hospital in the valley and get creationists on the school board.

On abortion:

In 1996, evangelical churches mounted a vigorous campaign to take over the local hospital's community board and ban abortion from the valley. When they succeeded, Bess and Dr. Susan Lemagie, a Palmer OB-GYN, fought back, filing suit on behalf of a local woman who had been forced to travel to Seattle for an abortion. The case was finally decided by the Alaska Supreme Court, which ruled that the hospital must provide valley women with the abortion option.

At one point during the hospital battle, passions ran so hot that local antiabortion activists organized a boisterous picket line outside Dr. Lemagie's office, in an unassuming professional building across from Palmer's Little League field. According to Bess and another community activist, among the protesters trying to disrupt the physician's practice that day was Sarah Palin.

On her attempt to get creationists on the school board:

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Why Lehman Brothers Failed

First and foremost, the repeal of the Glass-Steagall Act had nothing to do with it. Lehman Brothers' financial free fall resulted from its position in the mortgage backed securities market. As an investment bank, Lehman Brothers followed the lead of Salomon Brothers, that invented the non-Fannie/Ginnie Mae mortgage-backed securities business:

An ambitious mail-room clerk named Lew Ranieri worked at S[a]lomon Brothers and saw an opportunity in the mid 80s. S[a]lomon Brothers was hiring rocket scientists to create a new breed of mortgage-backed security, a collateralized mortgage obligation (CMO), designed to more accurately predict the prepayment speed of the mortgages backing the bonds they sold. Lucky Lew ran around the country preaching God, motherhood, baseball, and a CMO in every portfolio. Lew convinced the WORLD investment community that the American homeowner was a damn good bet.

More . . .

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Green Party Candidate Vies for Detroit District Attorney Job

A TalkLeft endorsement: Matthew Abel for District Attorney in Detroit. He's running on the Green Party ticket against current DA Kym Worthy. Abel, whose website is CannibisCounsel, tells the Michigan Concerned Citizen:

Worthy has not prosecuted any Detroit police officer for the killing of a citizen since, as an assistant prosecutor, she prosecuted Larry Budzyn and Walter Nevers for the killing of Malice Green in 1992. During her term, Detroit police officers have committed numerous questionable killings and even public rapes in the guise of cavity searches which have gone unchallenged. The prosecutor is required by law to investigate these killings.

“The prosecutor also needs to be the one to tell the police that we are not condoning illegal searches and traffic stops or issuing bad warrants, that we’re not going to cover up police misconduct,” Abel said.

More...

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Palin Distorts Record, Gets Heckled at Colorado Event

The Denver Post has more on Gov. Sarah Palin's campaign event in Colorado today: She repeated her lie about opposing the Bridge to Nowhere and was heckled by a woman in the back who sporadically yelled "You're Not Qualified."

The audience response to the heckler: It turned to her and shouted "U.S.A., U.S.A."

Colorado Rep. Ed Perlmutter, a long-time Obama supporter, has this terrific response to Palin:

"If Governor Palin wants to represent 'change' in Washington," U.S. Rep. Ed Perlmutter, D-Golden, said in a statement, "she could try something like telling the truth about her record of support for the bridge to nowhere or for other pork-barrel earmarks, her outdated and extreme positions on women's issues, her heaping of millions of dollars in debt upon the small town of Wasilla, Alaska, or her abuse of power investigation.

More....

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Obama's Remarks on Economy at Grand Junction, CO Rally

Here is a portion of the text of Sen. Barack Obama's prepared remarks at his rally today in Grand Junction, CO (received by e-mail, no link.)

This morning we woke up to some very serious and troubling news from Wall Street.

The situation with Lehman Brothers and other financial institutions is the latest in a wave of crises that are generating enormous uncertainty about the future of our financial markets. This turmoil is a major threat to our economy and its ability to create good-paying jobs and help working Americans pay their bills, save for their future, and make their mortgage payments.

More...

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McCain Economic Memories: The Keating Five

Digby remembers.

John McCain has a long history with bank failures and financial scandals. He created his whole reform persona around the idea that he'd come too close to the flame and gotten burned. But he hasn't changed his philosophy or his policies one bit. He believes in the same scam his close advisor Phil "you're all a bunch of whiners" Gramm believes. He pretended for years that the problem was solely in the campaign finance system, burnishing his image with signature legislation that has proven to be completely useless. Meanwhile, he backs deregulation like it comes down from Mt Sinai.

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What The Big Dog Said

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Obama Up By 12 In Latest Iowa Poll

The latest Iowa poll shows Sen. Barack Obama up by 12 points over McCain.

Key findings:

  • Independents prefer Obama to McCain, 49 percent to 36 percent.
  • Voters under 35 prefer Obama by two to one.
  • Obama leads among women, 53 percent to 39 percent for McCain.
  • Republicans are more satisfied with McCain’s running mate, Sarah Palin, than Democrats are with Joe Biden, Obama’s vice presidential pick.
  • President Bush’s approval rating with Iowans is at an abysmal 25 percent, with 71 percent disapproving.
  • Senator Chuck Grassley remains popular with Iowans, at 69 percent approval.

I take this as a sign Obama is resonating with rural voters. Hopefully, we'll see similar results in Ohio and other battleground states with high rural populations.

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Obama's Appeal to Rural Voters

Colorado Senator Ken Salazar this week laid out Obama's appeal to rural voters:

Obama has supported farm bills aimed at revitalizing rural America, Salazar said, while McCain has opposed all of them the last 15 years.

Obama has championed renewable energy, including biofuels that can be a way for America to help grow its way to energy independence, and McCain has not, Salazar said. The Bush administration has largely ignored rural America, home to 50 million people, the last eight years, Salazar said. What he calls "the forgotten America" includes 44 of Colorado's 65 counties. Those areas have lost jobs, health care facilities and schools, Salazar said.

What is McCain's message to rural voters? More politics of distortion. Today, at Gov. Palin's campaign rally, McCain's Colorado press spokesman Tom Kise falsely told local CBS news (video here) that Obama is against people owning guns.

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Palinomics: Grade D

Alaska Gov. Sarah Palin campaigned in Colorado today. She addressed the Wall St. crisis:

This is an issue of real concern," Palin told thousands gathered in a rodeo ring in Golden, Colorado. But, she said, "I'm glad to see the Federal Reserve has said no to using taxpayer money for a bailout."

.... Palin accused Wall Street regulators of being "asleep at the switch" and vowed that she and McCain would "put an end to the mismanagement and abuses." "We're going to reform the way Wall Street does business and stop the golden parachutes for CEOs who betray the public trust," she said.

One line from her gubernatorial speeches she is unlikely to repeat:

Palin herself may not be the most authoritative spokesperson on such issues. In the past, when she was running for Alaska governor, she freely admitted to a reporter that she got a "D" in macroeconomics in college.

ABC notes: [More...]

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The Game Changer: The Economy

It may take the Left blogs a few days to catch up, but Obama has his game changer - the economy. No more Palinpalooza. Carville rules again - "it's the economy, stupid."

The tracking polls show small movement towards Obama - DKos/R2000 (8/12-14) has Obama by 3, 48-45. Ras has a tick in Obama's favor with McCain's lead trimmed to 2, 49-47. Hotline says Obama by 2, 45-43. And Gallup says McCain by 2, 47-45.

After today, expect an Obama poll resurgence as he sledgehammers on the economy and McCain's fealty to the policies of George W. Bush. And if he rolls out a Big Dog tour, expect a huge bounce for Obama.

This is a game changer. This campaign is back to real issues, starting today.

By Big Tent Democrat, speakng for me only

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What Matters: McCain Clueless On The Economy

John McCain has demonstrated that when it comes to politics and governance, he is a clone of George W. Bush. A know nothing blusterer whose political resurgence has been on the back of the Bush/Rove politics of the personal attack and the trivial ("Lipstick on a pig" anyone?). When it comes to actual policies, particularly on the economy, McCain himself has said he is is a know nothing:

Which explains why McCain said "I don’t believe we’re headed into a recession, I believe the fundamentals of this economy are strong and I believe they will remain strong.”

It is now time for the Obama campaign to demonstrate the Democratic record of competence and concern regarding the economy. Yes, it is time to roll out the Big Dog. On the campaign trail. With Obama. Now. Right now. Politics matters. Governance matters. Democrats can govern. Democrats can help the American People through these economic woes. Bush-McCain Republicans clearly can not. Now is the time to talk about that.

By Big Tent Democrat, speaking for me only

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