Rattner's Legacy: The Chooch Is At the Door

Rattner's Legacy: The Chooch Is At the Door

Rattner's Legacy: The Chooch Is At the Door

A mostly political weblog.
Oct. 2 2009 4:33 AM

Rattner's Legacy: The Chooch Is At the Door

Breitbart's Legacy? Rasmussen's latest poll finds, rather unbelievably, that voters say "government ethics and corruption" is now a more important issue than "the economy." With unemployment at 9.8%! Hello? Is this all James O'Keefe and  Andrew Breitbart's doing? I can't think of any big recent corruption-related events other than the ACORN and NEA scandals. ... I doubt it is all liberals concerned about the power of the insurance lobby. ... P.S.: This might explain why, while the MSM still gives the ACORN scandals restrained coverage, the pols are running for the hills. They have pollsters too. ... P.P.S.: Rasmussen's survey, taken 9/26 --9/29, was half pre-Polanski, so that seems an unlikely explanation. ... Update : Ambinder writes as if Rep. Rangel's troubles are a central catalyst , which seems unlikely. Rangel isn't that famous. It's more plausible to blame general resentment over Wall Street sleaze and the bailouts. ... 4:02 P.M.

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The Call of Chooch: GM's sales are down 45% from last September (when sales were already bad enough to drive the company into bankruptcy). Chrysler is down 42%. Ford is only down 5%. Car buyers are clearly punishing the two bailout recipients brutally . Robert Farago of Truth About Cars --who has been right before-- predicts that GM and Chrysler will both "go down by the end of next year" without a second, new federal bailout . The only question, he says, is whether the two manufacturers will need the cash before the 2010 midterm elections. He adds:

For those of you who say the Obama’s army never really intended to rescue either automaker, that they were simply subsidizing the companies to facilitate a soft landing, I say bullsh[xx]. Washington’s big swinging dicks, led by private equity money men with a similar anatomical affliction, honestly thought they could "fix" Detroit.

Maybe they could have. But it looks like they didn't. ... Most obviously, they seem to have grossly misperceived consumers' reaction to the equities of the bailout itself.  And that 45% can't be all Republicans. ... 1:53 A.M.

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Shafer couldn't take a full day of the Atlantic's "First Draft" conference . He tried. ... In the whea t vs. chaff contest, it appears to have been Chaff City. ... P.S.: Is it really true that only 220 people were watching the feed of the Petraeus session? Janet Napolitano drew 132? Those are almost  Pseudo.com numbers! Don't tell Boeing. ... [ Ah but they were the right 132 people--ed. No they weren't. One of them was Shafer.] ... Bloggingheads is CBS in comparison. ... 2:29 A.M.

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