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| Sunday, October 12th, 2008 | | 2:00 pm |
Sumner Redstone: CEO Fail http://firedoglake.com/2008/10/12/sumner-redstone-ceo-fail/ You can lose money backing the wrong horse
Billionaire Sumner Redstone got caught in the credit crunch Friday.
The 85-year-old mogul, who has long bragged about his financial savvy and competitive drive, was forced to sell a fifth of his family's stake in his two media companies -- Viacom Inc. and CBS Corp. -- on a day when the companies' shares were trading at record lows... On the most volatile trading day in the stock market's 112-year history, Redstone's family's holding firm, National Amusements Inc., had to dump $400 million of nonvoting B shares in Viacom and CBS to raise cash to "pay down debt to comply with covenants under [the company's] credit agreements," according to a statement from National Amusements...
Regulations require companies to publicly provide financial guidance whenever insiders sell large blocks of stock shortly before earnings reports are released. CBS is scheduled to release third-quarter results Oct. 30, and Viacom on Nov. 3.
The revised guidance issued Friday was bleak. Both Viacom and CBS lowered earnings estimates, blaming the world financial crisis for weaker advertising sales. They said the situation could get worse.
Why, if this was a movie and there weren't jobs and pensions at stake, this would kind of satisfying to watch
Yesterday, the chairman of CBS's parent company chose Hong Kong as a place to drop a little bomb. Sumner Redstone, who calls himself a "liberal Democrat," said he's supporting President Bush.
The chairman of the entertainment giant Viacom said the reason was simple: Republican values are what U.S. companies need. Speaking to some of America's and Asia's top executives gathered for Forbes magazine's annual Global CEO Conference, Mr. Redstone declared: "I look at the election from what's good for Viacom. I vote for what's good for Viacom. I vote, today, Viacom.
"I don't want to denigrate Kerry," he went on, "but from a Viacom standpoint, the election of a Republican administration is a better deal. Because the Republican administration has stood for many things we believe in, deregulation and so on... from a Viacom standpoint, we believe the election of a Republican administration is better for our company."
Well played, sir. | | 11:29 am |
Sunday Talking Heads: October 12, 2008 http://firedoglake.com/2008/10/12/sunday-talking-heads-october-12-2008/ For good reason Columbus Day is a controversial holiday; so instead, let's celebrate that you are just like me and I am Just Like You. Take it away Keb' ...
Washington Journal: 7:30am - Bill Adair, PolitiFact, Editor 8:30am - John Zogby, Zogby International Polling, President & CEO 9am - Alexander Their, U.S. Institute of Peace, Afghanistan/Pakistan Analyst -- Report PDF 9:30am - Newspaper Articles & Viewer Calls.
ABC's This Week: Former Treasury Secretaries James Baker and Lawrence Summers. Then, Rep. Roy Blunt (R-MO) and Rep. Barney Frank (D-MA). Topics: The economic crises and the political fallout. Roundtable: Dan Balz of the Washington Post, Cokie Roberts, and George Will. contact George
CBS' Face The Nation: Sen. Lindsey Graham (R-SC), Gov. Bill Ritter (D-CO), Richmond Mayor Doug Wilder (D-VA), Dr. C. Fred Bergsten Director, Peterson Institute for International Economics. contact Bob Schieffer
Chris Matthews: Howard Fineman Newsweek Senior Washington Correspondent; Cynthia Tucker Atlanta Journal-Constitution Editorial Page Editor; Gloria Borger U.S. News & World Report; David Ignatius Washington Post Columnist. Topics: Can McCain rescue his campaign as the economy sinks? [hmm, lemme think] Who benefits as McCain and Obama question each other's character? [hmm, lemme think some more] contact Chris
CNN's Late Edition: "Steve Forbes, former Labor Secretary Robert Reich, Sen. Arlen Specter (R-Pa.), Sen. Charles Schumer (D-N.Y.), Rep. Debbie Wasserman Schultz (D-Fla.), the Washington Times' Tara Wall, Democratic strategist Paul Begala, Republican strategist Leslie Sanchez, Democratic strategist James Carville and CNN's Candy Crowley and Ed Henry." info from LAT's Top of the Ticket
Fox News Sunday: Rick Davis (R) and David Axelrod (D). McCain -v- Obama. Gov. Tim Pawlenty (R-MN), and Gov. Ed Rendell (D-PA). Topics: Both presidential nominees have begun a non-stop sweep of those ever important battleground states, which also happen to encompass some of the areas hit hardest by the current financial crisis. email fns@foxnews.com
NBC's Meet The Press: Gov. Jon Corzine (D-NJ) and former congressman Rob Portman (R-OH). Topics: how did we get into this crisis -- and how do we get out? Roundtable: CNBC's Erin Burnett, the Wall Street Journal's Paul Gigot, and Ted Koppel of the Discovery Channel. contact Tom
Q & A: Lynette Clemetson, Managing Editor of The Root. The Root is a website of news and commentary about politics, social issues, and the arts. It is geared toward an African-American audience. Q & A airs on on CSPAN at 8pm and 11pm et, Monday 6am et.
Religion & Ethics: Cover: 2008 Campaign: What the Candidates Believe The religious beliefs of McCain, Obama, Palin, and Biden have come under scrutiny this election year. Perspectives: 2008 Campaign: Privacy and Media Ethics How should journalists cover a political candidate's religious and personal life? Web Exclusive: Theology and Economy What do theological thinkers have to say about the financial chaos sweeping the world? for broadcast times in your area click here
60 Minutes: THE FBI'S WISEGUY - The FBI undercover agent who brought down high-level mobsters tells how he infiltrated the Gambino family and shows his face for the first time, undeterred by the Mafia's penchant for revenge. Armen Keteyian reports. THE BATTLE OF SADR CITY - Weaponry so advanced that it spots the enemy and destroys it from nearly two miles above the battlefield made the difference in the fight for Sadr City last spring. Lesley Stahl's report shows rare footage of the weaponry in action. ALL IN THE FAMILY - The Antinoris have been in the wine business for 600 years – maybe the oldest family business on earth - reports Morley Safer from its vineyards in Tuscany, Italy.
To The Contrary: Topics: 1- Economic blues turn women into blue voters; 2- Sarah Palin: feminist or victim of sexism? 3- Courtroom TV star Judge Glenda Hatchett on the disproportionate number of children of color in foster care. Panelists: Rep. Donna Edwards (D-MD); Center for Equal Opportunity Chair Linda Chavez; Progressive Commentator Patricia Sosa; and Political Blogger Sophia Nelson. for broadcast times in your area click here
CSPAN's Book TV schedule. After Words: CBS News chief Washington correspondent, Bob Schieffer, presents a collection of his essays that range from the political to the personal in his book, "Bob Schieffer's America." Bob Schieffer discusses his book with Rita Braver, senior correspondent for CBS News Sunday Morning. [This will surely be hard-hitting /s]
Today, a special FDL Book Salon: "In her moving debut memoir, a young journalist recounts her time as a translator for the detainees of notorious Guantánamo Bay prison." Come chat with host Jamil Dakwar, Director of the ACLU , and author Mahvish Khan about her book, My Guantanamo Diary: The Detainees and the Stories They Told Me, 5 pm Eastern. Plus Wednesday, we have Jon Podesta coming in for a mid-week FDL Book Salon. Join us at 3:00 pm Eastern, to discuss his book, The Power of Progress: How America's Progressives Can (Once Again) Save Our Economy, Our Climate, and Our Country. | | 5:00 am |
| | 3:00 am |
BREAKING: Pat Fitzgerald Set to Indict ACORN, Obama, Pelosi, Dean, Santa Claus on RICO Charges http://firedoglake.com/2008/10/11/breaking-pat-fitzgerald-set-to-indict-acorn-obama-pelosi-dean-santa-claus-on-rico-charges/ (Left: This incredibly amateurish Photoshop of Barack Obama's head on the body of the bad guy from The Road Warrior is not at all intended as a comment on the absurd crudity of wingnut attempts to make Obama out like he's about to usher in a post-apocalyptic neo-fascism. Nuh-uh.)
Americans are increasingly alarmed at the prospect of a Barack Obama presidency, and with good reason. As the always very sensible Michael Barone reports, there can be little doubt that an Obama administration would be a "thugocracy" in which few if any conservative talk show hosts would be free to broadcast idiotic smears without receiving telephone calls from Americans who disagree with them. Even more chillingly, Obama threatens corporate America's cherished right to rig union elections. And Barone does not fail to remind us that in Missouri local prosecutors threatened to arrest anyone who criticizes Obama about anything, something that remains magically true even though the prosecutors he mentions never remotely said anything of the kind (you can watch them fiendishly not saying it here).
Fortunately the nation is set to awaken before the nightmare commences. As the always reliable and not at all crazy dead-ender HillBuzz, who supports John McCain and thus remains loyal to Hillary Clinton by doing the total opposite of what Hillary Clinton has said her supporters should do , reported on Thursday,
The buzz in those corridors is that federal prosecutor Patrick Fitzgerald has been leading a team of FBI investigators in 10 states working on a RICO case....
If everything rumored here is true, it looks like David Axelrod, Howard Dean, Donna Brazile, SoetorObama himself, and possibly even Nancy Pelosi and Harry Reid were all involved, together, in massive RICO violations, and thus federal fraud, if the DNC and party leadership knew what the SoetorObama campaign and ACORN were up to and allowed it to proceed. Knowledge of federal crimes being committed makes all parties accessories to those crimes — and part of the conspiracy to defraud the public.
THAT would certainly be one Hell of a shock tomorrow morning.
Well, I was certainly shocked yesterday by the complete lack of this happening. But then again, Patrick Fitzgerald is notoriously crafty prosecutor. The savvy move on his part would be to prosecute imaginary crimes in a pretend jurisdiction. So do not be "shocked" when Judge Cornelius W. Kornflake of the Court of Fantasical Frippery sentences Senator Obama to 500 Unicorn Years in the Gumdrop Gaol.
In the meantime you can pore over this sort of intricate trivia, which is damning insofar as it is presented with hyperlinks. Or else you can just rest assured that Obama will eventually be arrested for the heinous crime of winning an election in Chicago. Or maybe you can head to the pawn shop and stock up on firearms, as all sensible Americans are doing in the face of a probable Obama victory, including even black Americans (read the comments), for reasons which may appear mysterious at first but become far more logical once you realize that black Americans have evidence from blogs like "Confederate Yankee" that swarms of halfwit cryptoracist paranoiacs are squawking off to the gun shops. What would you do? (Representative CY commenter: "I've owned guns most of my adult life and still fondly (not) remember the dark Clinton days. But even back then I didn't bother to do what I did last week. I finally applied for a concealed permit." For added fun skip a post and enjoy the commenter who is terrified that President Obama will wickedly fire every US attorney whose politics he doesn't like.)
Anyhow you slice it, an Obama victory portends a dystopian hellscape. Worst case scenario, progressives will be able to drag him into putting through, oh, a single payer healthcare system, which is exactly like a gulag except in every possible rational sense. | | 2:15 am |
Wachovia’s 8 million Loan to the Republican Party: Blackmail Money? http://firedoglake.com/2008/10/11/wachovias-8-million-loan-to-the-republican-party-blackmail-money/
this talks, BS walks
So, Ari's outraged at Wachovia lending the RNC 8 million dollars to the NRCC. Not unreasonable. But here's my take. The FDIC arranges a takeover of parts of Wachovia by Citigroup, for $1/share and some FDIC money. They plan to chop the company up. Then Wells Fargo makes an offer for Wachovia at $7/share, or 15 billion and plans to keep substantially the entire company, and want no FDIC money.
The FDIC objects and starts trying to stop the Wachovia/Wells Fargo deal even though it's a better deal for taxpayers, for the employees and for the shareholders. Citigroup goes to court and tries to stop the deal.
Eventually Citi and the FDIC give up and let the merger go ahead. Right after that Wachovia loans 8 million to the NRCC.
Coincidence?
I suppose that's possible. | | 1:00 am |
Nature Bills Last: Forest Destruction Costs Exceed Bank Bailout Costs http://firedoglake.com/2008/10/11/nature-bills-last-forest-destruction-costs-exceed-bank-bailout-costs/
While fanciful fiscal creatures like derivatives and CDO's devoured bricks-and-mortar banks, very tangible bulldozers and chain saws devoured immense expanses of real forests on our real and finite biosphere. Who cares? Well, anyone who thinks bailing out Wall Street is expensive. Compared to the real costs of forest destruction, the $700 billion Paulson/Obama bail-out bill Bush signed over to Wall Street is a bargain.
Who cares, anyway? What did the forests ever do for us, anyway?
Provide clean water: that stuff we're running out of so fast that it's literally killing some of us.
Oh - and absorb carbon dioxide: that stuff we're producing so fast it's literally killing some more of us.
How much of the planet's forest wealth do we clever humans destroy every year? And how does that cost compare to the recent Wall Street meltdown?
"So whereas Wall Street by various calculations has to date lost, within the financial sector, $1-$1.5 trillion, the reality is that at today's rate we are losing natural capital at least between $2-$5 trillion every year."
Why are we cutting down our planet's forests? We cut down some to ship the wood to consumers and paper mills in rich countries and China. We cut down other forests -- like Brazil's Amazon -- to grow more beef for people in the US and other places where people already eat meat in such excess they sicken and die as a result. We cut down yet other forests -- like the rainforests of Southeast Asia -- so people in the US and Europe have more of the under-priced fuel that alows them to continue driving in such excess they sicken and die as a result.
And because we're such clever animals, humans in the World Bank and the IMF subsidize the destruction of the developing world's forests for the (very) temporary enrichment of the wealthiest people in the world.
Because the Washington Consensus the IMF and WB exist to enforce is, don'cha know, so good for life on this planet: if the lives in question are those of the upper 0.5% in the US and the other wealthy "enforcer" nations. And if we restrict "good" to mean "more money for a handful of years".
Who is pricing out the cost of forest destuction?
The folks working on The Economics of Ecosystems and Biodiversity (Teeb), a review initiated by Germany during their rotating EU presidency and funded by the European Commission. Yesterday at the World Conservation Congress, Teeb's director described how long we've been racking up the bill for forest destruction
Speaking to BBC News on the fringes of the congress, study leader Pavan Sukhdev emphasised that the cost of natural decline dwarfs losses on the financial markets.
"It's not only greater but it's also continuous, it's been happening every year, year after year," he told BBC News.
OK -- so forest destuction costs more than the Wall Street meltdown. That's still just leaf litter compared to vast canopy of the global economy, right?
Uh, not so much.
As the BBC report, the Teeb review found deforestation consumes more than one fifteenth of the world's total economic output
The first phase concluded in May when the team released its finding that forest decline could be costing about 7% of global GDP.
Oh well -- what's one-fifteenth of the huge global economy anyway, right?
Well, compared to the costs of the groundwater wasted on speculators' commodity bubbles, the topsoil devoured by speculators' housing bubbles, and the global climate change that Big Carbon bribes global governments to continue, perhaps not so much.
Teeb will have more to tell us about the global bill for planetary eco-destuction.
The second phase will expand the scope to other natural systems.
Of course, unless the pols who pass for our "leaders" choose to do something about global ecological destruction, all the tree-free reports in the parsec won't help our biosphere.
Or the half of the world's mammal species now endangered...much less the 25% of the world's mammals now facing extinction. Or the nearly one-third of all amphibians now facing extinction. Or the one in eight bird species now threatened with extinction.
We two legs are such great managers, don'cha know.
Right? | | 12:00 am |
Who’s Driving The Hate Talk Express? http://firedoglake.com/2008/10/11/whos-driving-the-hate-talk-express/
Overheated rhetoric and personal attacks on our opponents distract from the big differences between John McCain's vision for the future of our nation and the Democrats'. - Rick Davis, McCain campaign manager, 3/11/08
This is getting really disturbing. Every day, John McCain and Sarah Palin stir up more and more violent hatred at their public appearances. As they hammer relentlessly at Obama's supposed connection with William Ayers, their audiences shout "Socialist!", "Kill him!", "Traitor!", "Treason!", "Terrorist!", "Off with his head!", and "Bomb Obama!" (that last one was actually at a Saxby Chambliss rally, but it's part of the same trend).
For the most part, both candidates have completely ignored these yawps from the Republican id, with McCain making pleas for decency only in response to direct questions... and getting booed by his own supporters when he does. The Republican base is getting bolder and meaner, and McCain and Palin are either deliberately inflaming the situation, or have lost control of it, afraid to antagonize their own mob.
I'm betting on the former, but it's a strategy that plays very badly with the non-crazy, non-base, non-racist demographic. Are the McCainiacs really betting that more than 50% of American voters are not only racist, but so racist that they're willing to overlook the Epic Fail that is modern conservatism?
McCain's playing-with-fire campaign isn't just immoral, it's self-destructive. The Republican Party's brand is already associated with corruption, incompetence, torture and war; exposing its angry eliminationist underbelly will poison it even more. It could make the difference between losing "only" six Senate seats, and losing eleven or twelve... and God only knows how many in the House.
And it's only going to get worse. The pressure is building, and I think it's going to boil over before the election. I don't know what form the explosion will take, but it will be something so gut-punch monstrous that it shocks and appalls everyone but the diehard crazies. I'm desperately hoping that it will be "merely" ugly and not tragic - that McCain and the Republicans are the only ones who get hurt, and only figuratively.
John McCain cannot deny responsibility for the scary turn his campaign has taken since Rick Davis's long-forgotten memo. He could have fired Steve Schmidt at any time, and he hasn't. Senator Honor & Courage is either perfectly content to roll in the gutter, too out-of-touch to realize that he's in the gutter, or too weak to stand up to a subordinate. Not exactly character traits Americans look for in a Commander-In-Chief. | | Saturday, October 11th, 2008 | | 11:00 pm |
Where the Dollar and Gas Prices Are Going http://firedoglake.com/2008/10/11/where-the-dollar-and-gas-prices-are-going/ March 8th I predicted that oil prices would drop during 2008. They proceeded to march up for a time, but they're now doing what I expected would happen for the reason I expected: collapsing demand. This is going to continue. Price target for oil is $50 to $70 a barrel. Probably it will swing below $70, then the oilarchies will cut production to boost it back up.
This sounds like good news and it is. It will be part of a general drop in prices, as inflation gets clubbed over the head as the economy stops thrashing around in the bathtub and just lies there, slowly rotting. If you were to include housing prices in inflation indices, the US is already in deflation. Within about 6 months, unless the Fed or Treasury does something really stupid (always a possibility) the general press will be full of talks of the danger of deflation.
The good news on this is that that will get banks lending again. The main reason banks aren't lending isn't fear of counterparty risk, it's because inflation is much higher than they are expected to lend at. When inflation crashes, lending will become profitable for them again, and they will do a lot more of it.
Meanwhile, over the next couple months, the US Treasury needs to issue somewhere between 1.5 trillion and 2 trillion dollars of bonds. These will probably almost all be short term treasuries, very likely 3 months. This means the US dollar will continue, paradoxically, to rise, even as the economy craters, because much of that money is going to have to come from overseas. Foreign central banks and normal banks will lend the money because they know if they don't, the US will crash out and take the rest of the world with it. The dollar rising will also help moderate inflation, since it will make imports cheaper, and the US imports, well, most things.
The danger point, ironically, will come when the US stops borrowing so fast and so much...
...either because the new Congress and Administration can't stomach it anymore, or because foreign governments decide they've had enough and would like to use their money to bail out their own economies and banks. At that point, the natural influx will start to be "out". Other countries will be repatriating their reserves, investors will be looking at the fundamentals of the economy, which will still be awful, and getting out. That won't be new, all through the dollar's rise, investors will be getting out of everything but Treasuries and securities which they believe are government backed, but it will be overwhelmed by the huge sucking sound coming from the Treasury building.
So, once the US stops borrowing as much, the dollar will begin to collapse again. The bottom line is that the US economy basically did nothing for the last 7 years. During that time the Europeans, Japanese and Chinese actually did try and improve their domestic economies. Fundamentally, they're better bets. So, the money will start to go to them.
Don't expect all of this to feel as good as you might think. Yes, the price of gas and heating oil will drop, but the recession will make it feel like gas is still $4 a gallon. And the dollar increasing may make things cheaper, but American workers are going to have absolutely no pricing power and neither is American industry, so wages will stagnate at best, for those who are still employed. | | 9:00 pm |
FDL Book Salon Welcomes Steve LeVine: Putin’s Labyrinth http://firedoglake.com/2008/10/11/fdl-book-salon-welcomes-steve-levine-putins-labyrinth/ 
[Welcome Steve LeVine, author of Putin's Labyrinth and Foreign Affairs Writer for Business Week, and Jerome Guillet from DailyKos and the European Tribune.]
Lately, whenever I see another article blaming Russia for turning authoritarian again, or threatening Europe (with the infamous "energy weapon"), or bullying its - usually gutsy - neighbors, I cringe.
The anti-Russian drumbeat in that period has been consistent and persistent, replete with talk of a new Cold War, uniformly blaming Russia for the tense relations now existing between them and the West, such that the image of Russia again is that of a dangerous, treasonous and unpleasantly powerful enemy, led by vicious ex-KGB officers, and crushing democracy and human rights within and without.
The problem with that propaganda is not that it's untrue, it's that it's not news and thus that it hides something else. To wit: why do we care about Putin's authoritarianism today while we did not in the early years of his presidency? (Hint: it's about energy) And it's the breathtaking hypocrisy of our governments towards Russia that galls: how can we take seriously pronouncements from the governments that invaded Iraq and gave us Guantanamo and Abu Grahib, and their cheerleaders, about human rights in and around Russia?
So when I was asked to host this Salon and was first given the blurb for Steve LeVine's book about a number of gruesome murders or deaths that took place in Russia or involved critics of the Kremlin in the past few years, I was very worried that I'd have to write a hostile introduction, filled with scathing criticism and abundant debunking (to give you an idea of my opinions on the topic, here are two reasonably representative texts I wrote last summer, following the conflict in Georgia: Russian gas and European energy policy - a reprise and So, what to do with Russia?. But thankfully, this will not be necessary. Not that I don't disagree with Steve on some major issues, but his work has one great quality: despite the fact that he focuses on episodes of political violence under Putin's presidency, he is at least well aware of the history of political violence under Yeltsin, as he covered the wars in Chechnya in the 1990s. I have a lot of respect for the few brave - and rather isolated - journalists that covered these conflicts at a time when it was not fashionable to be as critical of Russia as it is today, and I respect the consistency of his position that covered violence then and now.
He chose to make this a highly personalized story - this is a tale where he is not shy to bring himself on stage, as he interviews the family and entourage of some of the victims (and in some cases, had the opportunity to talk to them before their deaths) and tells their stories through their eyes, focusing on mundane events before or around the time of the murders - and it makes for an original and easy-to-read book. However, and this is a weakness that has been noted by others, it makes the case he makes against Putin in various asides along his tale much weaker. His main message is that Putin's Russia encourages political violence, uses it as a tool to assert itself on the world stage - and (scandalously) gets away with it. The second message is that this is fundamentally coherent with both Putin's and Russia's nature, and that the West's hostile and dismissive attitude towards Russia, which he fairly points out, is ultimately not the cause of this - Russia would have turned hostile and prickly even if the West had been more receptive to its expressed interests.
We'll never know, given that we don't get to rewrite history, but he doesn't really make the case and it is an argument that makes me rather skeptical, because, ultimately, it amounts to a criticism of power politics that calls for (more vigorous) power politics to fight it. The West (or rather, Europe) is too "weak" with Russia, it needs to grow a spine and stand strong to the bully. This ignores all the power politics we played on Russia: NATO' extension, the bombing of Serbia without a UN authorization in 1999, the abrogation of the ABM Treaty, the refusal to rescind Jackson Vanik or to admit Russia in WTO, the bases in Central Asia becoming permanent features (and saying that bringing NATO to Russia's border is not hostile does not make it true, from the Russians' perspective, and from any rational observation - just imagine if Mexico had been invited to join the Warsaw Pact). But beyond such hypocrisy, that argument also forgets that we did not really care about Russia's authoritarianism as long as its oil & gas reserves were open to Western oil majors. The tide in opinions about Russia turned at the time Khodorkhovski was jailed (and prevented from merging his oil company, Yukos, with an American one), and strengthened after the latest episode of the Russian-Ukrainian gas wars in 2006 (about which I can only recommend you to read this article I wrote last year - which, by coincidence, was the time when the UK turned from a natural gas exporter into an importer and realized that, contrary to its continental neighbors, it had not built the corporate, contractual and physical infrastructure to deal with that situation.
This has taken us away from the murders of Politovskya, and Litvinenko, but given that energy is, as flagged by Steve in his book, what is behind Russia's resurgence, and why we care at all about what's happening in Russia, it is worth mentioning that our policies towards Russia are driven more than anything by our elite's frustration about having lost absolute control over our energy sources, and a desire to create a diversion for the general population for the lack of sane domestic energy policies: it's easier to blame a bogeyman than to explain why we should use less energy.
But I'd like to conclude with another point, which will bring my first question: what these murders show more than anything is the profound division of the Kremlin between clans that often fight each other very brutally. The unchecked violence, and the inability of the Russian State to find who's behind them, demonstrates that Putin does not actually control the various clans, and has to build policies around highly public acts he did not initiate. So; does Steve think Putin is all-powerful, or just one figure trying to navigate between forces beyond him? | | 7:31 pm |
Christopher Buckley endorses Obama http://firedoglake.com/2008/10/11/christopher-buckley-endorses-obama/ Christopher Buckley, the son of National Review founder William F. Buckley, endorsed Barack Obama on Friday:
Let me be the latest conservative/libertarian/whatever to leap onto the Barack Obama bandwagon. It’s a good thing my dear old mum and pup are no longer alive. They’d cut off my allowance.
Or would they?*
Here's why he wrote this for Tina Brown's online startup rather than share with the discerning readers of NRO:
I am—drum roll, please, cue trumpets—making this announcement in the cyberpages of The Daily Beast (what joy to be writing for a publication so named!) rather than in the pages of National Review, where I write the back-page column. My colleague, the superb and very dishy Kathleen Parker, recently wrote in National Review Online a column stating what John Cleese as Basil Fawlty would call “the bleeding obvious”: namely, that Sarah Palin is an embarrassment, and a dangerous one at that. She’s not exactly alone. New York Times columnist David Brooks, who began his career at NR, just called Governor Palin “a cancer on the Republican Party.”
As for Kathleen, she has to date received 12,000 (quite literally) foam-at-the-mouth hate-emails. One correspondent, if that’s quite the right word, suggested that Kathleen’s mother should have aborted her and tossed the fetus into a Dumpster...
At any rate, I don’t have the kidney at the moment for 12,000 emails saying how good it is he’s no longer alive to see his Judas of a son endorse for the presidency a covert Muslim who pals around with the Weather Underground.
Judging, though, by the comments at the Daily Beast (to give you the flavor of them, here's a bit of the first)
How liberating. Both the parents dead. The inheritance securely probated. Finally. The chance to show one's bona fides around the Manhattan salons.
and what Wonkette found at das frei republik
- What a sad testament to his parents. He obviously didn’t really even know them or what they stood for.
- The apple sometimes falls far from the tree then rolls away.
- Or the best parts was left as a stain on the bedsheet……………
- Christopher Buckley… you will regret your action.
- Chris, come out of the closet already.
- Follow the link and check out the photo of this peter-puffing little fruitcake. I think he has homo-erotic thoughts about Obama. I KNOW he does.
- I didn’t realize William F. had a gay son.
He's going to get those e-mails anyway. Well, at least they won't burden the National Review servers. After all, Buckley is on the Board of Trustees of his father's iconic conservative magazine. He has to watch out for that sort of thing.
If you're interested in hearing more about his reasons, he discusses them (as well as why he refused to vote for GWB in '04) here.
-----
*Probably not. This is what Buckley pere had to say about the president John McCain voted with 90% of the time
"I think Mr. Bush faces a singular problem best defined, I think, as the absence of effective conservative ideology — with the result that he ended up being very extravagant in domestic spending, extremely tolerant of excesses by Congress," Buckley says. "And in respect of foreign policy, incapable of bringing together such forces as apparently were necessary to conclude the Iraq challenge."
Of those few small spaces where Senator McCain acted like a maverick, let's just say that the Supreme Court case which established campaign money as a form of constitutionally-protected free speech was called Buckley (his brother James) v. Valeo. | | 8:00 pm |
Mormon Millennials to Use Mad Skilz To Pass Prop 8 http://oxdown.firedoglake.com/diary/631 http://firedoglake.com/2008/10/11/mormon-millennials-to-use-mad-skilz-to-pass-prop-8/
Moroni didn\'t like gays
During a videotaped press conference on Wednesday, Mormon church leaders asked their young members to use modern tools to help pass Prop 8 and defeat marriage equality in California.
Young Mormons in California and Californian Mormons studying on Brigham Young University campuses should use texting, blogging, videos, podcasts, Twitter and Facebook to "go viral" in support of a California ballot initiative that would ban gay marriage, said an LDS apostle on Wednesday.
"I must admit I don't know how all this works, but you do," M. Russell Ballard said during a videotaped conference....
[snip]
"Marriage between a man and a woman is ordained of God," Ballard said. "It has the natural biological power to create life. Its misuse undermines the fabric of society."
Because of such beliefs, Ballard said The Church of Jesus Christ of Latter-day Saints was willing to join the Protect Marriage Coalition, an umbrella organization of several religious bodies including Catholics and Evangelicals.
One of the Twelve Apostles of the Church, Quentin L. Cook, explained to the young people:
Cook, who lived in California for decades before being named one of the church's top 12 leaders, assured the Mormon faithful that the church's involvement is perfectly legal.
"We have the privilege and obligation to let our voices be heard," Cook said.
Then Clayton, who has been the church's liaison with the coalition, laid out a three-phase plan of action to drum up more support for Proposition 8 during the final weeks before votes are cast on Nov. 4: canvassing to identify voters; advocacy and persuasion; and get out the vote.
"We are looking for 30 people in every ward in California to commit 4 hours each until the election," Clayton said. "On the last weekend, November 1 through 4, we have an additional 100-hour program that we will describe later."
Don't you find it interesting that Cook made a point of telling his young co-religionists that what they are doing is legal? Mormons claim to have donated an estimated 43% of the Yes On 8 money -- much of it from outside California.
The Mormon Church wants to rollback marriage equality in California -- and they are winning among younger voters, who drove Prop 8's recent gains in public opinion polls.
The poll shows a sharp uptick in support for Proposition 8, with 47% for Yes, 42% for No, and 10% undecided. The new poll shows some of the strongest support among young voters, those aged 18 to 34, a group that previous polls had shown to favor same-sex marriage. The subsample of voters between 18 and 34 support Prop. 8 by a considerably larger margin of 53% to 39%.
Please help defeat Prop 8.
You can contribute to No On 8 right here. | | 6:00 pm |
Blue America http://firedoglake.com/2008/10/11/blue-america-3/ 
I was on the phone with Alan Grayson a few days ago and he told me that he feels the campaign he so painstakingly put together has degenerated into a quest for money to run ads on television, instead of an opportunity to talk with the people of Orlando about how government can help to improve their lives. There are many ways to approach running a campaign, but almost every candidate and staffer I talk to says, no matter how idealistic it starts, it always ends with TV ads. Alan's ground game probably won him the primary-- but his startling TV ads sure didn't hurt.
Today Blue America, with our partners at SaysMe.TV, is launching a new application that can make everyone a political media consultant-- or, better yet, a replacement for a political media consultant.
Click here to see the program.
Start by picking a media market:
Cincinnati- Vic Wulsin Miami- Annette Taddeo Washington, DC- Judy Feder Detroit- Gary Peters New York- Dennis Shulman Seattle- Darcy Burner Philadelphia- Sam Bennett Charlotte- Larry Kissell (should be up Monday) Los Angeles- Debbie Cook or Russ Warner (should be up Tuesday)
Then pick which ad you want to run. Right now we have one ad available per candidate but we're hoping to add some more in the next week.
Type your name in at the top, because at the end of the ad it will credit you with paying for it.
Then pick the network and the daypart (time).
An individual ad can cost as little as $10, but the minimum purchase per candidate is $100.
Review the ad purchase, then check off all the boxes that attest that you're a U.S. citizen and that you're not a member of the Bush cabinet, etc.
And then pay for it with your credit card. SaysMe.TV will notify you before your ads run. This is the beginning of a new world in media buying. I have a feeling it's going to get better and better over the next year or so. Meanwhile, as usual, we're the pioneers. Play around with it. | | 4:15 pm |
What Does TrooperGate Mean for November 4? http://emptywheel.firedoglake.com/2008/10/10/what-does-troopergate-mean-for-november-4/ http://firedoglake.com/2008/10/11/what-does-troopergate-mean-for-november-4/ A few thoughts.
First, I sort of suspect that John McCain may have been warned TrooperGate might break badly today, when he decided mid-day to put his legacy ahead of his ego.
"I have to tell you. Sen. Obama is a decent person and a person you don’t have to be scared of as president of the United States," McCain told a supporter at a town hall meeting in Minnesota who said he was “scared” of the prospect of an Obama presidency and of who the Democrat would appoint to the Supreme Court.
Second, at least for the moment, the McCain team is standing behind Palin. They released a statement that claimed that the report had found Palin had not done anything wrong, that the investigation was partisan, and that Palin looked forward to the Personnel Board investigation results as she continues her conversation with the American people.
In other words, Palin's still on the ticket, for the moment. They're probably stuck with her. After all, there are few people who would want to take over for her. I think KayBee Hutchison might help McCain--but why would you do it if you were her? Becoming McCain's running mate is no longer a desirable career move. And if he replaced Palin with Lieberman, it would devastate Republican turnout in November. So, for now, at least, Palin remains on the ticket.
Which leads me to my third point. McCain's whole campaign since he picked Palin was about "mavericks" who take on the old way of doing things. Was. That's not going to work anymore. So now he's got an unqualified but charismatic fundie fire breather, but a really tainted claim to maverickyness (though I think McCain will claim that his refusal to push the lynch mobs is more maverickyness).
In other words, since his poll numbers are already in the 42% range, McCain's bid to be President just got even more tougher, because his brand is for shit.
So point four. At some point, the Republicans are going to decide that McCain's going to lose, and they need to save as many of the congressional seats as they can. They've already started pulling advertising out of toss up Congressional districts. But then there's this:
So I hear (via a prominent member of the sane Republican faction) that the word on the right side of the street is that the Republican National Committee is about to pull the plug on its joint ads with the McCain campaign, and devote its resources instead to trying to save a couple of the senators who are at serious risk of losing their seats. Now this is gossip, albeit of the high class variety; take it with the requisite pinch of salt. But it points to some real vulnerabilities in the McCain campaign's finances. McCain's decision to opt for public funding has meant that he's had enormous difficulty competing with the Obama money raising machine. He's been able to partly compensate by co-financing ads with the RNC (this skirts the limits of the legislation that he himself co-wrote but is just about legal). This has kept him competitive in TV advertising, albeit still significantly outgunned. But if the Republicans are as worried as they should be about the impending elections, there will be a lot of calls on that money, and the RNC is going to have to make some tough choices. Should it keep spending money on the presidential campaign in the hope that McCain will win despite the polls, or should it instead try to minimize the damage of a McCain defeat by doing its best to stop the Democrats from making big gains in the Senate?
That is, at a time when McCain has already had to withdraw from a swing state (mine!!) because he's broke, the RNC may well pull their funding from him and try to save Mitch McConnell or Saxby Chambliss.
So to sum up: earlier today, there was a ceiling for Obama's support. But I think that roof just got raised. | | 3:45 pm |
| | 2:00 pm |
Come Saturday Morning: The Contrast http://firedoglake.com/2008/10/11/come-saturday-morning-the-contrast/ What's really interesting to me, in watching the Obama-McCain endgame play itself out, is the stark difference in how the two candidates and their staffs have operated. There are ideological differences and temperamental differences that play a part, but they all feed into a larger point -- which is that, ironically enough, straight-up civilian Barack Obama understands the value of an overarching strategy in a bone-deep way that would make someone like Bradley or Grant or Sherman nod his head in recognition, even as the wild and purely reactive veerings of Navy legacy baby John McCain show that neither he nor anyone else in a top-level position in his campaign has the slightest friggin' clue about strategy. Yes, the Obama campaign values hope, but they know full well the military maxim that hope, alone, is not a plan -- so they made dead certain sure that they had a plan, and a very well crafted one at that, one that both anticipated most of the McCain campaign's moves and had enough flexibility to allow for changes as needed.
As John Cole said the other day, about Obama:
Even better: He's running a disciplined campaign against a spoiled brat who doesn't know the meaning of the word "discipline". Here's what I mean by that:
Obama’s background has been a blessing to him, in the same way that Bush’s and McCain’s backgrounds have been curses. He not only had to claw his way up on merit like Bill Clinton did, he also knew that as a black man he had to keep his nose super-duper clean and to avoid any of the temptations that sunk Clinton, but which Republicans like Rudy and Newt and Dan Burton commit without electoral penalty.
Because of this, because he understood how the deck was stacked against him, because he earned every damned thing he got with hard work, discipline and talent honed to a razor’s edge, he is flummoxing the lazy, undisciplined, talentless time-servers on the other side. Not just McCain, but the ranks of College Republican legacy hires that fill up the sheltered workshops that they call ‘think tanks’—the Ben Domenechs and Jonah Goldbergs and Ann Coulters of the world. They screech and screech and chase their own tails because they have never had to actually think hard and work, and now they’re up against someone for whom hard work, discipline, patience, and proper use of brain and talent is as natural as breathing.
Worse yet for them, the old tools that worked for them in the past, the crutches they relied on to avoid thinking—the appeals to racism and stupidity and naked selfish greed—are losing their power. Despite the McCain's camp's breaking through the bottom of the barrel with their nakedly racist and inflammatory posturings, they're losing ground with the very group towards which those posturings are directed: working-class white people.
And meanwhile he rolls on, unruffled, No-Drama Obama, calm in any situation, and crushes the McCainites and the rest of the GOP while keeping a steady hand on the wheel.
Res ipsa loquitor. The thing speaks for itself. | | 12:15 pm |
Pull Up A Chair, Special Edition http://firedoglake.com/2008/10/11/pull-up-a-chair-special-edition/
On most Saturday mornings, Christy puts on a pot of coffee and invites us over to chat. Today, though, it's our turn to offer some very special FDL love to Christy and her family in the loss of her husband's mother this week.
We lean on each other so much here that it has become a real community of shared joys and sorrows. We offer Christy, her husband, and their family our deep sympathy, our hugs, our spiritual energy, and our flowing love as they go through this terrible loss. We are with you.
When people in our own neighborhoods suffer a loss like this, a lot of us would bring over a casserole, so that the family wouldn't have to worry about cooking for a while. Today, I'm asking you to bring a virtual casserole (or other comfort food) to Pull Up A Chair, since it's what we would do if we all lived in the same physical community.
Bring your favorites here, either a description or the recipe, for her family to contemplate, and maybe some of those recipes will become favorites of her family in the future as they remember the community who loves them.
We all grieve in different ways. At its worst, grief can nearly knock people down physically, and it can be hard to endure one hour to the next. It can be hard to imagine why the sky is still blue -- does it even matter? And how can people go on living normal lives all around us? Don't they understand that everything is different now?
In mourning we often need an unknown combination of time alone to contemplate and then time to be surrounded by others who care for us. It can be difficult for others to know what is the right thing to do or say. But it's always right to show that you care, that you are there for each other. A simple "I'm sorry for your loss" or a hug can be more healing than you imagine.
One of the loving ideas that comes to us from the grieving family is that they are asking, instead of flowers, for folks to donate to their own local library -- libraries being a lifelong passion of Christy's mother-in-law. I am going to pass this idea along in my own circle of friends and family.
We're at a physical distance from each other: Christy in the east, other family in the west, and firepups all over the globe. Even so, keep Christy and her family with you in love and in spirit this morning. She does so much for us, and today we can return her hospitality as we surround her and her family with our caring.
It's been a rough time for Christy, her husband, and The Peanut as they've dealt with all of this. Christy may join us in the comments this morning, or she may decide to sleep in and check out the comments later on. Either way, please come on in, set your casseroles on the kitchen counter, and pull up a chair.... | | 7:40 am |
Paulson To Use Fannie and Freddie As Conduit to Bail Out His Friends http://firedoglake.com/2008/10/11/paulson-to-use-fannie-and-freddie-as-conduit-to-bail-out-his-friends/
Clap!
Apparently Fannie and Freddie are to start buying 40 billion a month (20 billion apiece) of non-performing crap mortgage securites. This is Paulson's way to get things moving before his TARP fiasco is up and running, a way to spend more money than Congress gave him, and a way to make up for having to divert money from TARP to an equity infusion by buying preferred stocks.
200 billion was made available to Freddie and Fannie at the time they were placed into receivership. This plan will blow through that in 5 months and that doesn't even cover the fact that, well, Freddie and Fannie had massive losses and the money was meant to cover those losses, not as a slush fund to buy up trash.
At this point I simply have no benefit of doubt left to give to Paulson or his cronies in the Bush administration. TARP never made any sense, and the rationale of supporting mortgage markets through this is transparently stupid. If the mortgage markets are having problem and Freddie and Fannie need to be used to support them, then buying up old crap mortgage securities is far less helpful than having them buy up new mortgages or mortgage backed securities.
Instead this seems designed to help Hank's friends offload trash, more than to clear a market blockage.
But, as they say in the tech business, I guess from the Bush administration's point of view, that's a feature, not a bug. | | 5:00 am |
| | 3:35 am |
McCain to followers: be respectful. Cindy, Palin: Nuh-uh. http://firedoglake.com/2008/10/10/mccain-to-followers-be-respectful-cindy-palin-nuh-uh/
(AP Photo/Tom Uhlman)
Senator McCain has apparently noticed the chorus of disapproval about the bloodthirsty behavior of supporters at his and Governor Palin's rallies. Or maybe he noticed the hit he's taking in the polls. At any rate, he tried to tell his supporters today to rein it in
Sen. John McCain responded Friday to the increasingly angry crowds at his rallies and town halls by urging them to be respectful of his rival, Sen. Barack Obama, despite their deep policy differences with the Democratic nominee.
Speaking to skeptical supporters at a town hall in this Minneapolis suburb, McCain prompted boos from his crowd when he called Obama "a decent person" and told an expectant father that he does "not have to be scared if he is President of the United States."
"We want to fight and I want to fight, but we will be respectful," McCain said, also prompting loud boos when he declared that he admires Obama's accomplishments.
Within limits, of course
"I want everyone to be respectful and let's be sure we are ... That doesn't mean you have to reduce your ferocity. It's just got to be respectful."
So what does that unreduced ferocity look like?
At a rally on Wednesday with Sen. McCain and his running mate, Alaska Gov. Sarah Palin, someone yelled "off with his head." Later that day, a man at a rally held a sign that read "Obama, Osama." Speakers at events have increasingly been using Sen. Obama's middle name, Hussein. At a Monday event, someone shouted "terrorist!" when Sen. McCain asked rhetorically, "Who is Barack Obama?"
With Mr Obama leading in the polls and only 24 days to go before the US presidential election, the series of outbursts have sparked the interest of the Secret Service, which guards the candidates and other dignitaries.
They launched a brief investigation after a man was heard – but not recorded – by several journalists shouting "kill him", when Mrs Palin, the Republican vice-presidential nominee, was speaking of Mr Obama's links to Bill Ayers, a former domestic terrorist who is now a professor in Chicago. The two men sat together on educational committees but have rarely been in contact for six years.
Before a rally in Pennsylvania this week, local Republican leader Bill Platt warmed up the crowd by several times referring to "Barack Hussein Obama," focusing on the Illinois senator's middle name, trying to highlight his differences with other Americans.
When John McCain asked "Who is the real Barack Obama?", a supporter shouted back: "He is a bomb."
Chants of "Nobama, Nobama" mingled with cries of "terrorist," as one banner in the crowd declared: "Go ahead, let the dogs out."
Governor Palin disagrees. She thinks their campaign is not being inflammatory enough
Republican vice presidential candidate Sarah Palin said more than one person has whispered in her ear in Ohio that John McCain needs "to take the gloves off" in his campaign against Democrat Barack Obama. Before a friendly crowd of Republican fundraisers Friday, the Alaska governor did that herself.
Palin said Obama was exploiting the economic crisis for political gain, "instead of trying to find solutions and work together to deal with it."...
So what form has that ferocity been taking?
The negative approach taken by the McCain-Palin campaign has coincided with a series of aggressive expressions towards the Democratic nominee over his Left-wing associations and background.
Apart from highlighting John McCain's connections to the Keating Five scandal, the Obama campaign has perceived benefits in staying above the fray but is always prepared with a defence when attacked.
With Mr Obama leading in the polls and only 24 days to go before the US presidential election, the series of outbursts have sparked the interest of the Secret Service, which guards the candidates and other dignitaries.
They launched a brief investigation after a man was heard – but not recorded – by several journalists shouting "kill him", when Mrs Palin, the Republican vice-presidential nominee, was speaking of Mr Obama's links to Bill Ayers, a former domestic terrorist who is now a professor in Chicago. The two men sat together on educational committees but have rarely been in contact for six years.
At a rally on Wednesday with Sen. McCain and his running mate, Alaska Gov. Sarah Palin, someone yelled "off with his head." Later that day, a man at a rally held a sign that read "Obama, Osama." Speakers at events have increasingly been using Sen. Obama's middle name, Hussein. At a Monday event, someone shouted "terrorist!" when Sen. McCain asked rhetorically, "Who is Barack Obama?"
Mrs. McCain apparently agrees that her husband's campaign is justified.
Now, I would say that Mrs. McCain, who was faced in South Carolina eight years ago with a smear campaign by, well, Mr. Rove says it wasn't him, would have a fairly strong basis for comparison when discussing ugliness in political campaigns.
It seems, though, that Mrs. McCain's ambitions for her husband have affected her memory some.
Since Cindy McCain and her daughter were targeted so viciously eight years ago, observers were taken aback earlier this week when she called Sen. Barack Obama's 2008 campaign "the dirtiest campaign in American history."
...
Given her role in being on the sharp end of one of the most notorious political smears in recent years, some wonder if she meant what she said this week about Obama's tactics or if she was simply caught up in the moment.
and which tactics would those be?
"Mrs. McCain made an observation that is based on irrefutable truth. She's entitled to it, and we stand behind it," said campaign spokesman Tucker Bounds.
Bounds would not cite specific tactics by the Obama campaign comparably dirty to those found in the 2000 primary, but one McCain camp official speaking on background pointed to attacks on McCain's age and running mate, Alaska Gov. Sarah Palin.
"Obama campaign spokespeople have compared Palin to a Nazi sympathizer and called her a secessionist, which we know is not true. They've unfairly dug into her past. They've used coded language for McCain's age. They've used McCain campaign staff people in advertising and accused them of being lobbyists. The smears today are comparable to 2000 in that they've used viral e-mails and attacked Palin's family," the official said.
Well, fair enough. I can see how, in order
saying the woman supported Pat Buchanan just because he said she did
saying she belonged to a seccessionist party just because they said she did, her husband did, and she spoke to their conventions
looking into the past of an almost completely unknown woman who wants to be the back-up plan to a man with recurrent cancer who was born before WW2
accusing, er, prominent lobbyists of being lobbyists
and
using e-mail
are _completely equivalent_ to, well
People in some areas of South Carolina began to receive phone calls in which self-described pollsters would ask, “Would you be more likely or less likely to vote for John McCain for president if you knew he had fathered an illegitimate black child?”
It was a reference to Bridget, who was adopted as a baby from an orphanage in Bangladesh and is darker skinned than the rest of the McCain family. Richard Hand, a professor at Bob Jones University, sent an e-mail message to “fellow South Carolinians” telling recipients that Mr. McCain had “chosen to sire children without marriage.”
Literature began to pepper the windshields of cars at political events suggesting that Mr. McCain had committed treason while a prisoner of war in North Vietnam, that he was mentally unstable after years in a P.O.W. camp, that he was the homosexual candidate and that Mrs. McCain, who had admitted to abusing prescription drugs years earlier, was an addict.
...“One time in Hilton Head, we chased these punks down the block who were handing them out,” said State Representative James H. Merrill, the Republican state majority leader, “and when we got to them and asked them where they got them, they said some guy in a red pickup truck said, ‘Hey do you wanna make $100?’”
suppose it would be awkward for Mrs. McCain to bring all that up just now, as her husband has hired one of the guys involved to mind Sarah Palin.
But that's OK. I'm sure her husband understands.
No, I'm _really_ sure her husband understands. So does Governor Palin.
And so do the rest of us. Right? | | 2:35 am |
How McCain Can Win http://firedoglake.com/2008/10/10/how-mccain-can-win/
As The Straitjacket Express hurtles ever faster towards the ditch, belching toxic plumes of race hatred and flop sweat, I find myself wondering just what it would take for the Palin/McCain ticket to eke out a victory in November. After much brain-wracking, I have come up with several possible scenarios. They don't all have to come true; two or three would probably be sufficient.
1. McCain successfully unleashes his secret plan to get bin Laden, sends Sarah Palin into Afghanistan with helicopter and high-powered rifle. Bin Laden said to be wearing Obama button before Palin field-dresses him.
2. Obama inexplicably turns final debate into profanity-laced tirade about how much he hates white people.
3. Stock market makes miraculous recovery after McCain announces his "tax cuts and ice cream for everybody" bailout plan.
4. "First Dude" Todd Palin releases wildly successful beefcake calendar, and John McCain doesn't.
5. Iraqi Sunnis, Shias, and Kurds settle their differences and form liberal democratic coalition government. To show their appreciation for Bush and McCain's glorious Surge, they hand over enormous hidden stockpile of WMDs and several thousand militants.
6. Swing-state Obama supporters afflicted with mysterious 24-hour coma on Election Day.
7. In stunning series of reversals, Al Gore and both Clintons endorse McCain; Joe Lieberman endorses Obama.
8. Obama busted in drug-fueled sex orgy and/or multi-state crime spree with Bill Ayers, Reverend Wright, and Tony Rezko.
9. DIEBOLD MADNESS!!!
10. Fairy-tale wedding between Bristol and Levi eclipses Charles and Di in ratings and swoon factor.
11. Alaska Independence Party registers 50 million new voters.
12. Medical researchers announce that McCain has survived cancer so many times that his blood now cures it.
13. We all take this list seriously and stay home. |
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