Al Franken Century / Super Inaug-u-rama Politics Thread

Postby Werthless » Wed Feb 04, 2009 18:34:06

Sending your kid to Obama school is now possible.

Oldish news, but funny if you hadn't heard.

http://www.cbsnews.com/stories/2008/11/ ... 6367.shtml

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Postby dajafi » Thu Feb 05, 2009 01:51:39

Good Joe Klein article about Daschle's withdrawal and the larger point that if this presidency is going to reduce public cynicism about government, Daschle really had to go.

It wasn't just the unpaid taxes. And it wasn't just that two other Obama Administration officials had neglected to pay their taxes as well. It was the lifestyle, and the choices Daschle made. It was that he had given speeches worth $200,000 to health-care-industry groups that he would have had to regulate as Health and Human Services Secretary. It was that he made $5 million in two years, "advising" various businesses and organizations rather than formally "lobbying" for them, a cheesy distinction that almost made it worse. It was that these decisions became known at a moment of rising public disgust with the bankers who looted the economy — and then continued to loot it, granting themselves bonuses even after the rest of us chose to bail them out.
...
The excesses of wealth, throughout the country, have become an American problem. The extremely rich have detached themselves from the rest of society, which was the point of Obama's story about private jets. In Washington, it is a bipartisan phenomenon. Democrats have their special interests too, and their lobbyists are terrific at what they do. A guy like Daschle, who knows the system cold, who could talk to both the insurance companies and the liberal advocates, would have been invaluable to Obama in bringing health insurance to everyone who needs it. But, as the man said, we're all going to have to sacrifice, and it now seems clear that Obama's sacrifice, if he wants to reattach Washington to a nation sick with cynicism about its government, will be to detach himself from the lobbyist élites who might have helped grease the skids for his policy goals.

He then pivots to a point about the stimulus: that it should have been broken down into short-term measures to be passed right now, with the remainder to be taken up later in more detail and with needed reforms attached in areas like health care and education. This seems more rational to me and probably more likely to yield better legislation. But probably someone (maybe Obama himself) concluded that now was his moment of maximum leverage, and the way to go was to try and get a foot in the door in as many areas as possible.

This might have been sound reasoning, but things aren't likely to work out that way. Call it part of the learning curve.

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Postby Bakestar » Thu Feb 05, 2009 12:54:07

Sort of political, but...

In NJ, an inflatable rat = free speech. Hooray First Amendment!
Foreskin stupid

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Postby dajafi » Thu Feb 05, 2009 14:36:22

Re a topic from earlier this week, my old colleague Glenn Thrush reports that the Obama administration might pull Census responsibility out from under Secretary-Designate Gregg:

Sources on the Hill close to these negotiations say the Census would, more or less by default, would fall under the jurisdiction of Chief of Staff Rahm Emanuel. That would be fine for Dems; But how would it sit with Republicans to have the former head of the Democratic Congressional Campaign Committee exert control over the bureau that provides data used in redistricting?


Without knowing very much about this, it sounds like the sort of thing where a bipartisan or nonpartisan permanent committee probably would work better than leaving it under the presidential aegis, where politics come into play that much more easily.
Last edited by dajafi on Thu Feb 05, 2009 14:36:52, edited 1 time in total.

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Postby Phan In Phlorida » Thu Feb 05, 2009 14:36:45

Bakestar wrote:Sort of political, but...

In NJ, an inflatable rat = free speech. Hooray First Amendment!

Was the rat wearing a #13 Mets jersey?
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Postby TheDude24 » Thu Feb 05, 2009 14:47:23

Supreme Court Justice Ruth Bader Ginsburg had surgery today for pancreatic cancer. She was diagnosed last month, but it was not previously announced.

AP quote:
Ginsburg has recently told her former law clerks and others that she envisioned serving on the court into her 80s, although those comments were made before the latest diagnosis.

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Postby Macho Row » Thu Feb 05, 2009 19:14:36

Gerlach's apparently in for PA Gov. in 2010. Officially filed paperwork with PA Dep't of State to form his exploratory committee.
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Postby pacino » Thu Feb 05, 2009 19:22:48

I like a lot of the ideas in rendell's new budget, especially the idea about reducing school districts by 80%. not sure how increasing hte budget will play, though. also, would i be one of the the laid-off workers? most likely. i fail to see how getting rid of workers helps the government perform better.


as for gerlach, republican judges at all levels? yes, that will play well to those who actually care about that sort of thing. faux-moderate
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Postby kruker » Thu Feb 05, 2009 21:46:21

Has he lost his mind already?

I'm not even talking about what he's saying, but you'd think Barack was giving a stand-up act right now. It's like a scene out of the movie Dave.

Definitely a different tact, although I'm kind of torn on if I find it refreshing or condescending.
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Postby Phan In Phlorida » Fri Feb 06, 2009 01:02:47

pacino wrote:I like a lot of the ideas in rendell's new budget, especially the idea about reducing school districts by 80%. not sure how increasing hte budget will play, though. also, would i be one of the the laid-off workers? most likely. i fail to see how getting rid of workers helps the government perform better.

I've heard there's quite a few upset in my former neck of the woods (NEPA) as the new budget cuts all funding for a 100+ year old school for deaf children, closing it down.
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Postby Werthless » Fri Feb 06, 2009 11:21:08

Labor secretary's husband has resolved his tax issues, and it shouldn't be too much of a hurdle to.

http://www.usatoday.com/news/washington ... axes_N.htm

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Postby TenuredVulture » Fri Feb 06, 2009 12:28:21

Werthless wrote:Labor secretary's husband has resolved his tax issues, and it shouldn't be too much of a hurdle to.

http://www.usatoday.com/news/washington ... axes_N.htm


The problem is that even if this is pretty much a nothing, there's a politically damaging pattern emerging. At best, it's an unwelcome distraction. And I think people are angry. They were angry at Bush, but he's gone. Obama's people can hope Bush starts becoming an annoying ex-President like Pres. Clinton, but I don't think that's going to happen.
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Postby dajafi » Fri Feb 06, 2009 15:37:10

Steven Pearlstein offers a fairly devastating counter to stimulus critics.
Equally specious is the oft-heard complaint that even some of the immediate spending is not stimulative.

"This is not a stimulus plan, it's a spending plan," Nebraska's freshman senator, Mike Johanns (R), said Wednesday in a maiden floor speech full of budget-balancing orthodoxy that would have made Herbert Hoover proud. The stimulus bill, he declared, "won't create the promised jobs. It won't activate our economy."

Johanns was too busy yesterday to explain this radical departure from standard theory and practice. Where does the senator think the $800 billion will go? Down a rabbit hole? Even if the entire sum were to be stolen by federal employees and spent entirely on fast cars, fancy homes, gambling junkets and fancy clothes, it would still be an $800 billion increase in the demand for goods and services -- a pretty good working definition for economic stimulus. The only question is whether spending it on other things would create more long-term value, which it almost certainly would.
...
In the next day's Journal, Coburn won additional support for his theory that public-sector employment and output is less worthy than private-sector output from columnist Daniel Henninger. Henninger weighed in with his own list of horror stories from the stimulus bill, including $325 million for trail repair and remediation of abandoned mines on federal lands, $6 billion to reduce the carbon footprint of federal buildings and -- get this! -- $462 million to equip, construct and repair labs at the Centers for Disease Control and Prevention.

"What is most striking is how much 'stimulus' money is being spent on the government's own infrastructure," wrote Henninger. "This bill isn't economic stimulus. It's self-stimulus."

Actually, what's striking is that supposedly intelligent people are horrified at the thought that, during a deep recession, government might try to help the economy by buying up-to-date equipment for the people who protect us from epidemics and infectious diseases, by hiring people to repair environmental damage on federal lands and by contracting with private companies to make federal buildings more energy-efficient.


I think probably the biggest indication of how serious the problems are on the right is that there are only maybe a half-dozen Republican Senators who even seem interested in trying to make policy on this. The rest are just basically flinging scat through the bars.

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Postby kruker » Fri Feb 06, 2009 16:01:49

:cry:

I don't think that anyone on the right in Congress really knows why they should be criticizing the stimulus. Having to see these ridiculous stats about how high you can stack 100 dollar bills being used as a form of argument in the highest legislature in the land is just sad.

The quick argument should be that this spending can be done more efficiently by the private sector, that the residual impact of allowing the private sector to spend this money will have a greater benefit than government spending. If the government is going to spend this money, let it go to infrastructure and to agencies (being discerning about which ones get funding).
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Postby FTN » Fri Feb 06, 2009 16:04:50

You know what would stimulate the economy?

Take 1 year of mortgage payments off of every American's mortgage.

For those who don't have a mortgage, suspend their income tax taken from their paycheck for 1 year.

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Postby jeff2sf » Fri Feb 06, 2009 16:09:19

You don't think a lot of people would just bank that?
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Postby FTN » Fri Feb 06, 2009 16:13:58

If it was a one time payment, like the "stimulus check" last year, then maybe. But if you knew that you wouldn't have to make a mortgage payment for a year, or you'd be getting an extra 15-20% in your paycheck every week for 1 year, I think it would boost the economy in a big way.

Its not like a loan, where you have to pay it back. You basically just remove a huge monthly bill from your responsibilities for 1 year, or you get a 20% "raise" for 1 year. At the end of the year, you'd go back to making a mortgage payment, and you'd go back to paying income tax.

The economy is driven by growth and spending. If people aren't spending, businesses aren't going to expand and grow. Giving someone a one time payment doesn't give them an incentive to spend. Eliminating a huge monthly bill or giving someone an extra 20% of their paycheck every month, for 12 months, would encourage people to spend and still allow them to save up a bit of money.

I don't think its ideal, I have no idea how much it would cost, but it would be a much better short term solution.

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Postby kruker » Fri Feb 06, 2009 16:26:09

Ok, so I'm really going to show my neophyte-ness here, and don't be afraid to tell me I'm a wack job if this sounds ridiculous. But what's the problem with investing a portion of the 800 billion in a real market stimulus, such as a huge index fund (say 50 billion or something like that). I know there would be a huge problem to overcome in how to manage the fund, and maybe that would be the most damning problem, but from my, admittedly inexperienced, view, that would seem like one of the better ways to insure both market growth and a return on the taxpayer investment.
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Postby FTN » Fri Feb 06, 2009 16:38:28

By creating an index fund, you'd just be reallocating existing shares of a company, not adding to its capital.

ie, you set up an index fund and buy the shares. You've basically just purchased shares of companies like Wal Mart, McDonalds, Exxon, etc etc, from other institutions. It doesn't really add money into the system, it just reallocates existing funds.

If I understand what you're suggesting

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Postby dajafi » Fri Feb 06, 2009 16:43:49

kruker wrote::cry:

I don't think that anyone on the right in Congress really knows why they should be criticizing the stimulus. Having to see these ridiculous stats about how high you can stack 100 dollar bills being used as a form of argument in the highest legislature in the land is just sad.

The quick argument should be that this spending can be done more efficiently by the private sector, that the residual impact of allowing the private sector to spend this money will have a greater benefit than government spending. If the government is going to spend this money, let it go to infrastructure and to agencies (being discerning about which ones get funding).


But this is a doubly faith-based argument. First, it implies that "the private sector" will spend it out, rather than save it. Second, it implies that all spending is essentially of equal value--that you get as much from a nationwide pizza party as from infrastructure repair, or R&D, or aid to states.

There's also the fact that the private sector doesn't provide public goods. If we want to see roads fixed or transit lines developed or schools improved, we have to do it.

"We" in the latter case being government; remember, they're us. That's the point of a democracy. The hating on government from the likes of Tom Coburn is essentially a lizard-brain reaction at this point; I doubt he could tell you exactly why government is bad, he just "knows" that it is. This is the mindset that both gives us the comprehensive incompetence of George W. Bush, and makes it so hard to believe that public spending can deliver value. Our grandparents didn't have this hangup fifty years ago.

There just doesn't seem to be much of a sense of the moment from opponents of this package. Their essential phobia of "creeping socialism" is an irrational indulgence right now. (To be fair, one probably could say the same of many Democratic supporters, who are using the contingency of crisis to try and jam through things they'd support in any circumstance. My view is that this is a good time to invest in things like education, for the reason that Pearlstein articulates, but I'll admit that's my own bias and I see the other side of that argument.)

I'm not saying there's no place for tax cuts; the payroll tax cut in the package seems like a valud add. But the research is pretty solid that public spending delivers more stimulus than tax cuts. Right now this isn't about ideology, it's about generating economic activity. We should do whatever's most likely to do that, and then pull back as growth resumes. (Which is where I wish the Republicans would concentrate their energies. But again, this isn't really a serious party right now.)

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