Don’t call it a comeback

I’m in the midst of a business trip right now, but felt the need to write a quick post about last night’s debate (if you want to call it that).

Hands down, Obama won.  Even looking at it through the eyes of someone who is not a Barack supporter, there’s no denying that he looked more poised, more in control, and gave more specific details of his plan of action.  McSame, on the other hand, looked flustered and grumpy.  He spoke in mass generalities (just like Palin, what a shocker) and made absurd statements  like, “…fixing Social Security is easy.”  Oh, I see John, you’ve just been waiting for the right time to do it.  Twenty-six years in Congress and you just never got around to it.  Nice work.

After last night’s debate, and along with everything that’s happened in the last few weeks, anyone who can look at McSame and still think he’s the best man for the job is certifiably insane (or a racist).  Which actually brings up an interesting point:  I can actually understand someone not voting for Obama because he’s black better than I can not voting for him because they think McSame is better.   That’s sad.

Best News of the Week – Obama 52%, McSame 43%

There’s a new poll out, taken by the Washington Post and ABC News.  In it, 52% of those polled support Barack Obama, while 43% support John McCain.  I would suggest reading it, but here’s a few key points:

“The poll found that, among likely voters, Obama now leads McCain by 52 percent to 43 percent. Two weeks ago, in the days immediately following the Republican National Convention, the race was essentially even, with McCain at 49 percent and Obama at 47 percent.”

“As a point of comparison, neither of the last two Democratic nominees –John F. Kerry in 2004 or Al Gore in 2000 — recorded support above 50 percent in a pre-election poll by the Post and ABC News.”

And this about Palin:

“…reaction to Alaska Gov. Sarah Palin, McCain’s running mate, has cooled somewhat. Overall, her unfavorable rating has gone up by 10 points in the past two weeks, from 28 percent to 38 percent.”

Even more importantly:

“Independents, key swing voters, now break for Obama, 53 percent to 39 percent, reversing a small lead for McCain after the Republican convention.”

Finally, the crux of what this election is going to be about because guess what, it ain’t getting any better:

“In the new poll, voters once again gave Obama higher marks than McCain when it comes to dealing with the economy, 53 percent to 39 percent. Two weeks ago, Obama’s edge on the question was a narrow five points, his lowest of the campaign. Among independents, Obama’s advantage on the economy — now 21 points — is greater than at any point in the campaign.”

Again, read the article and, even more importantly (if you can), DONATE.  Everything helps and the minimum donation is $15.  I donate every week.  I think we need a change. Don’t you?

McCain’s economic advisors

I found this interesting blog post about who’s advising John McCain on economic matters. It should come as no surprise that it’s a bunch of fat-cat stiffs.  From the article:

Doug Holtz-Eakin source

Holtz-Eakin is a formerly respected academic and government economist who has been reduced to making distortionaryarguments to paper over the massive deficit black hole McCain’s tax cuts would create.

Arthur Laffer source
Laffer is the originator of the Laffer curve, the fringe view that claims government revenue increases when tax rates are lowered. There is zero empirical evidence this is true at current tax rates. McCain has repeatedly said that he believes this foolishness, but Holtz-Eakin has said (also repeatedly) that McCain does not.

Phil Gramm source
Gramm is a lobbyist who was vice president of one of the investment houses most heavily implicated in the mortage industry scandal. As a senator he pushed for the banking deregulation that contributed to the current crisis. See more here.

Kevin Hassett source
Hassett has been widely ridiculed for writing the book Dow 36000: The New Strategy for Profiting from the Coming Rise in the Stock Market in 1999, predicting that the Dow would hit 36,000 within five years, if not sooner.

Donald Luskin source
Luskin has been repeatedly named the Stupidest Man Alive by Brad Delong. See here for an example. I can attest based on my own interaction with him a few years back that in addition to being not the sharpest tack in the box, he is also an extremely unpleasant person.

Nancy Pfotenhauer source
Pfotenhauer is a pure distilled product of Koch Industries, an oil company which funds much of the right wing message machine. See here for details.

Carly Fiorina source
Fiorina was spectacularly fired from her previous job as CEO of HP. According to the Times,

… Republicans say Ms. Fiorina is using the McCain campaign to rebuild her image after her explosive tenure at Hewlett-Packard. They also say it is hard to see why a woman widely criticized for mismanaging one of Silicon Valley’s legendary companies is advising and representing a candidate who acknowledged last year that he did not understand the economy as well as he should.

Regarding Fiorina, Jeffrey Sonnenfeld, the senior associate dean for executive programs at the Yale School of Management, says “What a blind spot this is in the McCain campaign to have elevated her stature and centrality in this way. You couldn’t pick a worse, non-imprisoned C.E.O. to be your standard-bearer.”

It’s an interesting read.  Seems like we’re on the brink in the country and McCain is putting his faith in the people that helped get us here.