HorsesAss.Org

As expected, the Seattle Times editorial board has endorsed Barack Obama for President of the United States, paving the way for endorsements of Republicans Dino Rossi, Rob McKenna, Sam Reed, Allan Martin, Dave Reichert and Cathy McMorris Rodgers, all the while leaving their vaunted bipartisan principles intact.  At least, in their own minds.

In fact, with the possible exception of the race for Commissioner of Public Lands, I can’t imagine a single additional closely contested statewide or federal race in WA state in which the Times endorses a Democrat.

I’d be happy to be proven wrong.  But I wouldn’t bet on it.

I see that Congress will consider a major bail out of the financial institutions, possibly in the next week. While we don’t know all of the details yet, it will most likely involve the taxpayers taking on $700 billion of bad debt and getting little in return.

As Representatives who voted for the bankruptcy bill, it would be immoral of you to support such a bail out. After all, with that vote you showed no sympathy for guardsmen called up to Iraq – a war most of you supported – or Afghanistan at a pay lower than their civilian job not being able to pay the bills. And you had no sympathy for the parent of a child without health care -that many of you have done nothing to help them get – who had to put the bills on their credit card and then got overwhelmed. Now, to sympathize with huge corporations that made bad decisions would just be rank hypocracy in service of the very, very rich.

XXOO

Carl Ballard

With the Sonics in Oklahoma City, the Huskies 0-3, and the Angels’ Francisco Rodriguez having more saves than the Mariners have wins, the Seahawks losing to the awful Rams today would send this city to an all-time sports low.

Well, I guess the Storm are in the playoffs, although that just makes it all sadder somehow.

Local boy makes good.  See, this is how you give an interview.

Kitsap County Superior Court judge Anna M. Laurie found medical marijuana patient Robert Dalton guilty. Her reasoning was that his pain could have been relieved by other medicines, so therefore it’s perfectly fine to arrest him and seize his property because he was growing marijuana plants. As Dalton’s attorney Douglas Hiatt pointed out, Dalton’s opiates made him sick and are far more addictive than medical marijuana:

Hiatt was “very disappointed” with Laurie’s verdict, reiterating what he’d argued in court: that Laurie was “second guessing” physician Thomas Orvald, who recommended Robert Dalton use marijuana.

“If Judge Laurie wants to be a doctor, she should go to medical school,” Hiatt said. “No patient in this state is safe if she’s right.”

I’m not sure any patient in this state is safe anyway. Dalton is now disallowed from using the most effective medicine for his pain while he hopes to have a potential jail sentence postponed while he waits for an appeal. In the meantime, Washington state taxpayers continue to pay to prosecute someone who can’t possibly be considered a danger to society by any stretch of the imagination.

Look carefully drivers, for more of the handiwork of the Freewayblogger.

Also writing on the Huffington Post, US Sen. Bernie Sanders (I-VT) offers his own take on our financial crisis and the federal government’s reaction to it:

This is the most extreme example that I can recall of socialism for the rich and free enterprise for the poor.

And when it comes to socialism, Sanders knows what he’s talking about, being the former socialist mayor of Burlington Vermont.

But Sanders offers more than just criticism, and doesn’t outright dismiss the notion of some sort of financial market bailout.   Sanders notes that it is the wealthiest Americans who have prospered most from our recent anti-regulatory policies, while middle class Americans have seen their incomes steadily decline.  And since it is the wealthiest Americans who benefit most directly from a huge government bailout—and are most able to afford pay for it—a large portion of the cost of the bailout should fall directly on their shoulders.

Specifically, to pay for the bailout, which is estimated to cost up to $1 trillion, the government should:

a) Impose a five-year, 10 percent surtax on income over $1 million a year for couples and over $500,000 for single taxpayers. That would raise more than $300 billion in revenue;

b) Ensure that assets purchased from banks are realistically discounted so companies are not rewarded for their risky behavior and taxpayers can recover the amount they paid for them; and

c) Require that taxpayers receive equity stakes in the bailed-out companies so that the assumption of risk is rewarded when companies’ stock goes up.

Honestly… tell me… are these three concrete proposals any more “socialist” than our rush to nationalize troubled Wall Street firms?  In fact, I’d guess that the majority of Americans would find these proposals fair, reasonable and common sensical.

In addition to the principle that bailout should be paid for by those who benefited most from the policies that created the crisis, and who can thus afford to pay the costs, Sanders puts forth three other principles that should be seriously debated in discussing any bailout plan:

(2) There must be a major economic recovery package which puts Americans to work at decent wages. Among many other areas, we can create millions of jobs rebuilding our crumbling infrastructure and moving our country from fossil fuels to energy efficiency and sustainable energy…

(3) Legislation must be passed which undoes the damage caused by excessive de-regulation. That means reinstalling the regulatory firewalls that were ripped down in 1999…

(4) We must end the danger posed by companies that are “too big too fail,” that is, companies whose failure would cause systemic harm to the U.S. economy. If a company is too big to fail, it is too big to exist…

Again, reasonable proposals all, that deserve serious discussion as we rush to write Wall Street that giant blank check.  Sanders is not arguing against a bailout, but rather against a bailout that doesn’t have conditions attached that the protect the interests of US taxpayers, help working families struggle through the resulting economic slowdown, and takes concrete steps toward preventing a similar crisis from happening again.

Huh.  That doesn’t sound all that radical, now does it?  So as long as our two major parties are embracing the principles of socialism, shouldn’t we at least listen to the advice of a real socialist?

More Pastor Problems?

(Who needs Saturday morning cartoons when there are some 70+ media clips from the past weeks in politics at Hominid Views.)

The podcast starts off with a Democrat-on-Democrat story, as Goldy and his panel discuss politics and campaigning with Washington 11th CD Senate candidate Juan Martinez in his contest against Sen. Margarita Prentice. The topic turns to initiatives. Will increased traffic congestion and elevated gas prices encourage voters to vote YES on Proposition 1? How is Lyin’ Eyman’s Traffic Congestion Initiative doing? Speaking of him, what can be done to repair the initiative process? Oh…and why does the American Chemistry Council hate Seattle? All this and so much more….

Goldy was joined by Seattle P-I columnist Joel Connelly, Alex Fryer, the communications director for Mass Transit Now!, State Senate Candidate Juan Martinez, initiative specialist Laura McClintock of McClintock Consulting, and Lynn Allen of Evergreen Politics.

The show is 55:00 and is available here as an MP3:

[audio:http://www.podcastingliberally.com/podcasts/podcasting_liberally_sep_16_2008.mp3]

[Recorded live at the Seattle chapter of Drinking Liberally. Special thanks to Confab creators Gavin and Richard for hosting Podcasting Liberally.]

Dino Rossi talks a lot about closing the anticipated budget gap without raising any taxes.  But how does he plan to do it?  I’m guessing, he’s gonna pray.

See, that’s the usual faith-based approach Rossi takes toward economic issues, for example, like back in 2003, when he voted for a Senate resolution praying for passage of President Bush’s economic plan:

NOW, THEREFORE, Your Memorialists respectfully pray that our elected Representatives and Senators in the United States Congress support and vote to enact President Bush’s 2002 Economic Growth and Tax Relief Plan.

And Rossi didn’t just pray for bill, as Senate Ways & Means Committee chair he shepherded this resolution out of committee and onto the floor.

Well, Rossi’s prayers were answered.  A trillion dollars in government bailouts later, were yours?

[audio:http://horsesass.org/wp-content/uploads/rossi-bush-pray-ad.mp3]

I like this add too, but for different reasons.  It doesn’t come anywhere near to striking the same sort of emotional chord as the Palin the Wolf Butcherer ad, but it does go after McCain on a key demographic:  white women.

Like others, my instinct, when I first saw this ad last week, was that it was brutally effective.  Well now a national focus group has proved this instinct correct:

“The ad which focuses on Governor Palin’s record regarding the treatment of wildlife in Alaska seemed to strike a chord with voters,” commented Glenn Kessler, president and CEO, HCD Research.  “The recent ads from both parties have had little impact among voters. This is the first ad in over a month that seems to have broken through,” he added.

The ad, from Defenders of Wildlife Action Fund, has been running in Michigan and Florida, and word is that it will soon go up in other swing states as well.  Want to keep this extremely powerful and effective ad on the air?  Throw them some change.

(Hat tip Crooks & Liars.)

And of course, it’s more than just the economy on which John McCain mimics George W. Bush; you can learn more at Third Term:  The Movie.

Voters should keep McCain’s role in the savings and loan debacle in mind as they’re asked to once again to pick up the pieces from yet another financial crisis largely created by the free trade/deregulatory policies McCain has ideologically championed throughout his entire career.  Sure, the markets are soaring this morning, but taxpayers’ spirits won’t be when they hear the reasons why:

Congressional leaders said after meeting Thursday evening with Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke that as much as $1 trillion could be needed to avoid an imminent meltdown of the U.S. financial system.

[…] “We’re talking hundreds of billions,” Paulson told reporters. “This needs to be big enough to make a real difference and get to the heart of the problem.”

A trillion dollars of taxpayer money to buy up the bad debt whose accumulation made Wall Street executives rich beyond your wildest dreams.  And for this we’re supposed to reward McCain with the reins of government?

Those guys with the booze in the funny hats?  That’s McCain partying with Charles Keating in the heady days before McCain pressured regulators to lay off Lincoln Savings, and the S&L’s collapse subsequently cost taxpayers a couple billion dollars, and Keating a few years of his freedom on a fraud conviction.

And this is the guy we’re supposed to trust to keep an eye on Wall Street?  The guy who bills himself as “the greatest free trader” and “the greatest deregulator” ever…?

A trillion dollars, folks.  $1,000,000,000,000.

Senate Banking Committee Chairman Chris Dodd (D-Conn.) said on ABC’s “Good Morning America” said lawmakers were told last night “that we’re literally maybe days away from a complete meltdown of our financial system, with all the implications, here at home and globally.”

For all you McCain-style free traders out there, this is what we call a market failure.  Your economic philosophy—your religion—that the market always makes the most efficient allocation of resources, and that it always corrects itself, as if guided by the invisible hand of God?  Well, it’s just been proven wrong.

Again.

And the impact on the rest of us, I mean beside the recession that will bring undue economic hardship on billions of people worldwide, while Wall Street executives become honored philanthropists for giving away a fraction of their ill-gotten golden parachutes?

The solution being proposed by the Bush administration is the most expensive bailout in the nation’s history, sharply curtailing the ability of the next president to push for tax cuts or new spending.

Well thanks a fucking lot.  Once again a Democratic president will be forced to spend his entire eight years, shoving progressive policies like universal health care aside so that he can clean up the mess of the previous administration.

That is, assuming, voters aren’t stupid enough to elect John McCain.

A new poll in the Washington state gubernatorial race has Dino Rossi (“G.O.P. Party”) holding a small lead over Gov. Christine Gregoire (D). The race is a rematch of the 2004 contest that Gregoire won by 133 out of 2.8 million votes.

The Strategic Vision poll sampled 800 likely voters. Gregoire received 46% support and Rossi received 48% support; 6% were “undecided”. The poll was taken from 14-Sep to 16-Sep and has a margin of error of ±3%.

Rossi has now led in three of the four September polls. Last week’s Rasmussen poll had Rossi leading Gregoire 52% to 46%. Before that, an Elway poll gave Gregoire a 49.1% to 42.4% lead over Rossi. The first poll of September gave Rossi a 48% to 47% lead over Gregoire. Other recent polling shows a shift from Gregoire’s summer advantage to a very close race with, perhaps, a small advantage for Rossi:

Clearly Rossi’s new lead is well within the margin of error. We can empirically determine the probability that either Rossi or Gregoire would win an election held now using a Monte Carlo analysis.

A million simulated elections of 800 voters gives Gregoire 334,771 wins and Rossi 655,982 wins. If the election was held now, Gregoire would have a 33.8% probability of winning and Rossi would have a 66.2% probability of winning.

Here is the distribution of electoral votes resulting from the simulation.

The Strategic Vision poll also looked at the presidential race. Obama holds a surprisingly thin +5% (47% to 42%) lead over McCain. The recent Rasmussen poll showed a tighter +2% margin, the Elway Research poll found Obama with a 7.5% advantage, and a SurveyUSA poll gave Obama a +4% edge. Here is the other recent polling:

As we see in the Gregoire–Rossi race, the Obama–McCain contest has tightened up noticeably since mid-Summer.

Maybe it’s time for Obama to stop back for another slice of Washington state apple pie.

Update: ARG just released a new Washington state poll that gives Obama a +6% lead (50% to 44%) over McCain.