McCain's tin ear.

A mostly political Weblog.
July 7 2008 5:01 AM

McCain's Tin Ear

Happy Fourth of July ... from Mexico!

(Continued from Page 29)

Saturday, May 31, 2008

Tight Like That in Iowa: I don't want to make too much of this, since John Leland's story concerns a tight labor market for skilled workers, not necessarily those at the bottom of the labor market. But a) This is the condition we should want the national labor market to be like, for all skill levels, right? b) Unions not required! c) Low immigration seems to have something to do with increasing the competition among employers for workers. ... They're scouring the prisons.  And  they're competing for $14/hour welders, which means the tightness isn't restricted to salaried "symbolic analysts. "... 12:50 P.M.

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Friday, May 30, 2008

David Corn argues that McCain co-chair Phil Gramm helped bring on the subprime crisis by preventing regulation of something called "credit default swaps."   Corn almost succeeds in making these "newfangled financial products" understandable. ... P.S.:  Henotes that Gramm's legislation was "supported by Fed chairman Alan Greenspan and Treasury secretary Larry Summers." You sort of want to hear fromthem on whether they now think they were wrong. ... 11:39 P.M.

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Chinese Economy Grinds to Halt: China is suspected of surreptitiously trying to hack into computers  at the U.S. Department of Commerce?  ... Isn't that sort of like sleeping with the writer? ... Next target: HUD! ... [via Insta ] 11:05 P.M.

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Where  does  Obama get that "hate crimes against Hispanic people doubled last year"--an alleged increase he blamed on "people like Lou Dobbs and Rush Limbaugh ginning things up"?  The latest FBI statistics I can find are from 2006, not last year. They show about a 14% increase from 2005, by my calculation. Even the Southern Poverty Law Center only claims  

According to hate crime statistics published annually by the FBI, anti-Latino hate crimes rose by almost 35% between 2003 and 2006, the latest year for which statistics are available.

A 35% increase over four years is not "doubled last year." (Never mind  why the SPLC may have picked 2003 as their base of comparison).

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