First off, let me make a brief note on this economic crisis. There are way too many factors to pin this on just one thing. Bad loans, so-called "predatory lending", lack of regulations. Whichever cause you want to subscribe to, it is clear that this situation has been building for years. We saw the beginning of it earlier this year with the multitude of home foreclosures. How was that not a bigger signal to those that are truly influential in terms of the economy? All sorts of people dropped the ball here. Am I for a bail out? On the whole, I am not. I think that the majority of companies should not be saved just because they made poor business decisions. However, this situation is really unlike any that we have faced in this country. These institutions have way too much going on within various industries to fail at this point. While I admire those that would rather see them fail than see our government and taxpayers pay for the mistakes, I do believe that those individuals either do not understand what would become of the markets under this failure or do not care. A lot of the people who are against this bailout have enough money that it would make very little difference to them if one of these large banks simply disappeared. So I am eager to see this bailout plan and how certain groups are addresses (mainly the regular taxpayer).
On to the actual politics...this week we saw the beginning of an interview that Katie Couric had with the Republican VP nominee, Sarah Palin. Outside of an interview with Charlie Gibson, Palin has yet to really speak to the media since she has been announced. Plenty will disagree with me, but the interview with Couric reminded me exactly why she has been kept from fielding these sorts of questions. She looks and sounds like someone who has just crammed all night for a test and is getting called on by the professor in front of the class. She sticks to her talking points and when she strays from them, she struggles. At this point, when questioned about their running mate's credentials in terms of economic regulations, a VP should not be able to say, "I'll try to find you some and bring them to you." This is not a take home test. You do not have the luxury of getting back to me about these sorts of things when questioned. If Joe Biden was questioned about something concerning Barack Obama's experience and said, "Let me get back to you." he would get destroyed by the media. And Palin is seeing that she is not being received so favorably in light of this interview. Oddly enough, the part of the interview that frustrated me most had nothing to do with her answers on the economy or foreign policy because I anticipated her talking points on those matters. Her discussion of why she did not have a passport until continues to bother me for some reason. Here is her response to why she did not have a passport until last year:
"I'm not one of those who maybe came from a background of, you know, kids who perhaps graduate college and their parents give them a passport and give them a backpack and say go off and travel the world.
No, I've worked all my life. In fact, I usually had two jobs all my life until I had kids. I was not a part of, I guess, that culture. The way that I have understood the world is through education, through books, through mediums that have provided me a lot of perspective on the world."
No, I've worked all my life. In fact, I usually had two jobs all my life until I had kids. I was not a part of, I guess, that culture. The way that I have understood the world is through education, through books, through mediums that have provided me a lot of perspective on the world."
Ummm....all right. I can only speak for myself, but I am also not one of "those" who maybe came from a background of, you know, kids who perhaps graduate college and travel the world on their parents dime. I have also worked all of my life. I don't believe there was any point that I had two jobs, but I took student loans out to pay for my college and I worked during many semesters. So extremely convoluted answer aside, I sort of take offense to the fact that she apparently views passports as items that are bestowed upon rich kids when they graduate college. I have traveled the world and I have done so thanks to my own bank account (and American Express), thank you very much. Despite the fact that I learned a whole lot about the world through education, I always felt that I could not understand parts of the world without actually going there. In other words, I think that her answer to this question is an inexcusable cop out. If someone can explain that she meant something else here, I would gladly appreciate the insight. As it is now, I feel as if she is trying to act like having a passport before your 40's is somehow out of the ordinary. That being said, I honestly think that attitude is born out of the fact that she lives in Alaska. I truly believe that Alaskan life is so outside of normal realm that we see in the lower 48 that she might not know any better. That would make more sense to me than trying to understand why she made the comment as if passports are only owned by those who are somehow privileged.
Wow. That was a bit much. But like I said, that is the thing that stood out to me the most. For whatever reason, I think that answer is a shining example of just how out of touch this woman is when it comes to normal American life. Then again, maybe that answer will play with those folks who believe that being closer to Russia somehow gives her foreign policy credentials. Which is another thing I could probably talk about for days, but I will not.
On to the debate that almost did not happen. First of all, I knew that it would happen from the get go. As soon as Obama said that he was going to show up regardless, I knew that the McCain campaign would not give him a free 90 minute campaign commercial simply to prove a point. Personally, I think that Obama was right in saying that sometimes presidents have to multitask. Plain and simple. That and the fact that both of them should have been in Washington working on this long before Thursday. Honestly, you either suspend the campaigns at the point where AIG failed (which was TWO weeks ago at this point) or you do not suspend them at all. Do not act like two days before the debate is scheduled is the right time to really hunker down and get back to Washington because both of you were absent for the preceding week and a half. I feel as if the move was pretty irrational, but that is what some of you will refer to as an example of how he's a "Maverick". That being said, I do not think that either John McCain or Barack Obama said anything in the debate to really set the other one back, as far as I'm concerned. The bigger thing that I noticed from the debate was the demeanor of the two. Obama was directly addressing McCain whereas I do not think that John looked him in the face a single time, not even during their handshakes. I will freely admit that Barack Obama has less foreign policy experience than John McCain. There isn't a single sane person in this country who will tell you otherwise. However, he spoke about foreign policy much more intelligently and rationally. And I think that this will be one of the biggest shifts moving forward. Much has been made about Obama's lack of experience. However, I believe that he showed a lot of people that not only could he hold his own on these discussions, but he could actually speak with enough intelligence to change some minds. I do not put much stock in polling, but all of the polls I have seen concerning this debate speak to how Obama has changed a lot of minds concerning whether he is ready to lead. And in that, I call a victory for him in this debate. I welcome any and all counterpoints to anything that I have said here. PBS was probably the best coverage from last night and even they noted the fact that McCain would not look at Obama. In their eyes, Obama came out looking like the more presidential of the two. In split screen shots, it was very reminiscent of the Kennedy/Nixon debates where one candidate looked relaxed and fresh while the other looked somewhat perturbed. We'll see how this progresses from here.
I am particularly excited about the VP debate in this coming week. Honestly, my opinion of Sarah Palin as a VP pick is further solidified each time she opens her mouth. As I mentioned above, she seems like a student who is desperately trying to impress her professor by regurgitating knowledge. However, much like the student who memorizes only what they think are the important points, she seems unable to give us her own opinion without stumbling. I think that the VP debate will be structured enough that she should be able to hold her own, but if it happens to go off on a tangent or if the moderator is allowed to ask follow up questions that might require some additional critical thought, I think she is going to have some trouble. But I have been wrong before and we shall see.
I know this was long and somewhat unfocused, but I figure that is better than writing nothing at all. Hope everyone is having a nice Saturday evening and I will talk to you soon.
Wow. That was a bit much. But like I said, that is the thing that stood out to me the most. For whatever reason, I think that answer is a shining example of just how out of touch this woman is when it comes to normal American life. Then again, maybe that answer will play with those folks who believe that being closer to Russia somehow gives her foreign policy credentials. Which is another thing I could probably talk about for days, but I will not.
On to the debate that almost did not happen. First of all, I knew that it would happen from the get go. As soon as Obama said that he was going to show up regardless, I knew that the McCain campaign would not give him a free 90 minute campaign commercial simply to prove a point. Personally, I think that Obama was right in saying that sometimes presidents have to multitask. Plain and simple. That and the fact that both of them should have been in Washington working on this long before Thursday. Honestly, you either suspend the campaigns at the point where AIG failed (which was TWO weeks ago at this point) or you do not suspend them at all. Do not act like two days before the debate is scheduled is the right time to really hunker down and get back to Washington because both of you were absent for the preceding week and a half. I feel as if the move was pretty irrational, but that is what some of you will refer to as an example of how he's a "Maverick". That being said, I do not think that either John McCain or Barack Obama said anything in the debate to really set the other one back, as far as I'm concerned. The bigger thing that I noticed from the debate was the demeanor of the two. Obama was directly addressing McCain whereas I do not think that John looked him in the face a single time, not even during their handshakes. I will freely admit that Barack Obama has less foreign policy experience than John McCain. There isn't a single sane person in this country who will tell you otherwise. However, he spoke about foreign policy much more intelligently and rationally. And I think that this will be one of the biggest shifts moving forward. Much has been made about Obama's lack of experience. However, I believe that he showed a lot of people that not only could he hold his own on these discussions, but he could actually speak with enough intelligence to change some minds. I do not put much stock in polling, but all of the polls I have seen concerning this debate speak to how Obama has changed a lot of minds concerning whether he is ready to lead. And in that, I call a victory for him in this debate. I welcome any and all counterpoints to anything that I have said here. PBS was probably the best coverage from last night and even they noted the fact that McCain would not look at Obama. In their eyes, Obama came out looking like the more presidential of the two. In split screen shots, it was very reminiscent of the Kennedy/Nixon debates where one candidate looked relaxed and fresh while the other looked somewhat perturbed. We'll see how this progresses from here.
I am particularly excited about the VP debate in this coming week. Honestly, my opinion of Sarah Palin as a VP pick is further solidified each time she opens her mouth. As I mentioned above, she seems like a student who is desperately trying to impress her professor by regurgitating knowledge. However, much like the student who memorizes only what they think are the important points, she seems unable to give us her own opinion without stumbling. I think that the VP debate will be structured enough that she should be able to hold her own, but if it happens to go off on a tangent or if the moderator is allowed to ask follow up questions that might require some additional critical thought, I think she is going to have some trouble. But I have been wrong before and we shall see.
I know this was long and somewhat unfocused, but I figure that is better than writing nothing at all. Hope everyone is having a nice Saturday evening and I will talk to you soon.