kf stops the bleeding!

A mostly political Weblog.
Oct. 5 2008 7:10 AM

Kf Stops the Bleeding!

Plus: No time for Dems to unpanic.

(Continued from Page 20)

Thursday, September 11, 2008

Take back their Kramlers: Ron Rosenbaum gets his head out of Pale Fire long enough to give Obama some strategic advice. I normally don't like us vs. them populism, but Rosenbaum's version might be the exception--because it has a precise and legitimate target:

What the campaign needs to do is focus on Wall Street. ... On the fact that the Republican party through its obsessive, greedy, lobbyist driven fetishizing of financial de-regulation has allowed the economy to be turned into a casino ...

Yes, it's true that the Clintonians were in bed with them (and Biden was a shill for the credit card industry) but six years of pure Republican rule handed the economy to the hedge fund creeps, virtually turned the economy into a hedge fund, a huge financial scam. Rather than re tooling it for the new century, they retooled financial instruments for their own disgraceful enrichment. ...

So what if many are Democrats, the more the shame. Obama should run against them too. I think there is a vast untapped resentment out there against the sharpies who have ended up bankrupting and selling out our economy. It's time to hold them responsible, and in a democracy a presidential campaign is the time and the way to do it. [E.A.]

Not a crazy idea. Everybody hates the "hedge fund creeps." And the need for Obama to turn on his own party's leaders (because both parties have effectively been bought by Wall Street) is a feature not a bug. ... Suggested tweak: It's not that Big Finance high earners were greedy, or necessarily lacking in "decency," or that they "[sold] out the economy." They're supposed to be greedy. Their greed was supposed to drive them to create innovative new financial instruments and risk-avoiding strategies that would benefit everyone and justify their absurd paychecks and--here's the winning social-egalitarian theme--the sense they exuded that they were better and smarter than even their Ivy League classmates who went to med school, let alone non-college graduates on "Main Street." The problem is simply that their innovative deregulated instruments and strategies--carefully protected by bipartisan mercenary lobbying--didn't work, producing a calamitous meltdown. Whether they knew this would happen or not doesn't matter. They "screwed up," as Rosenbaum says. Yet they're keeping the inflated paychecks, the lobbyists and (so far) their dominant place in the economic and social pecking order. Wouldn't hurt to humble them. ...  6:22 P.M. link

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McCain on the Follieri Yacht.  Moral: They're all celebrities. [Even Biden?--ed. I'm thinking ...] ... 12:42 P.M.

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Wednesday, September 10, 2008

Ann Coulter responds, on behalf of getdrunkandvote4mccain.com, to the argument that conservatives should consider that McCain is more likely than Obama to actually enact "comprehensive immigration reform" with its misguided semi-amnesty for illegal immigrants. [See the little column on the right side of her blog, linked above.] Excerpt:

Even assuming McCain were more likely to enact "comprehensive immigration reform" than Obama, the difference is between a 10% chance and a 9.99999% chance.

Meanwhile, Obama is more likely to jump-start Islamic terrorism by rapidly withdrawing from Iraq and insanely sending more troops to Afghanistan and bombing Pakistan. In a few years, it won't matter how many illegals we have -- they'll be forced to convert to Islam like the rest of us.

I'd say the difference is more like a 50% chance of passing a semi-amnesty under McCain, compared with a 20% chance under Obama, who will have lots of other things to do and lots of Dem Congresspeople from swing districts he doesn't want to endanger. Amnesty is irreversible, remember, as will be many of its consequences (e.g., an incentive for more illegal immigration, plus a change in the electorate, creating pressure for further amnesties, etc.). ... Meanwhile I think Obama would, overall, put a damper on world terrorism by automatically and at least temporarily lowering the planet's anti-Americanism quotient, translating into fewer radicalized recruits with less tacit support from their neighbors. (Even John Kerry would have done that.) ... Will Obama want to go down in history as the President who snatched defeat from semi-success in Iraq? It's a worry, I agree! But it was much more of a worry before the perception sank in among voters that the "surge" has succeeded. ...

TODAY IN SLATE

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