Thursday, May 31, 2012
Sotto Voce
This has been a busy week at work, so not enough time to blog. But, that doesn't mean I haven't had time to mutter things under my breath.
1. Mitt Romney's Bay Area fundraiser happened just up the hill from Free Will HQ, but sadly we were not able to attend the $50,000/head affair. I will definitely attend any $50/head fundraisers that Mitt might be holding in the coming months.
2. Good show on Romney's part to head over to the abandoned Solyndra factory, which is just a bridge away from last night's party. One wonders whether this was spur of the moment (tipsy billionaire partygoer: Hey, Mitt, you know that Solyndra factory is right across the San Mateo Bridge!) or if there was a little more planning involved.
3. The main problem with the Facebook IPO was that everyone was sure that FB was a sure thing. They forget that Google faced a lot of pre-IPO skepticism over its prospects. They also forget that, 20 years ago, Apple was a niche company with a string of failed short-term CEO's and a $5/share stock price. Nothing happens overnight, sadly, even if we keep needing to be reminded of that.
4. With all the abuse hurled at FB and Morgan Stanley, an overlooked aspect of the FB disaster was the complete breakdown in NASDAQ's trading system. I thought the whole raison d'etre for NASDAQ was that is was more tech-friendly, but it performed worse than the old ticker tape stock exchange.
5. Come to think of it, there was an IPO a couple months ago by a company (its name escapes me) that designs computerized trading systems and...the system crashed.
6. Another big, unacknowledged loser from the FB IPO was Jerry Brown whose budget forecasts relied quite a bit on the one-time boost of a "pop" that was not to be. See what I mean about people and sure things?
7. If you asked the Free Will Grandparents, they would likely tell that folks like Dolores Huerta helped to ruin California through their racially-tinged intimidation campaigns against state farmers. No doubt seeing the socialist Huerta receive a Presidential Medal of Freedom from a guy who says he "stole" Huerta's "Yes! We! Can!" slogan (but don't call Obama a socialist!) led to a lot of midnight grave-rolling.
8. Don't even get me started on Obama's "Polish Death Camps" remark. For one thing, I don't think I've ever heard such a phrase. (kinda like "White Hispanic"). "Nazi Death Camps" is the conventional shorthand and has worked well for decades, but I guess the Obamites wanted to get fancy.
9. If you haven't given Spotify a try, you should. There's limitless music available virtually for free, if you can handle sitting through the occasional ads. There's gotta be a catch...
10. The John Edwards verdict is breaking as I write this, and so far it looks like a hung verdict. Not surprising, as there are strong arguments for both guilt or acquittal. Still, if Edwards can get away with receiving a million dollars as a "gift" for non-campaign expenses, that seems like a bigger campaign finance loophole than anything you could point to in the Citizens United case.
11. Speaking of the Supreme Court, it's hard to believe that in a few weeks we will know whether or not Obamacare will be upheld or struck down in whole or in part. No matter what happens, someone's not going to be happy.
Sunday, June 5, 2011
Mellon Head: The NY Times Covers the John Edwards-Bunnie Mellon Story
Mrs. Mellon, a Democrat in a world of Republicans, first met Mr. Edwards, a former senator from North Carolina, through Mr. Huffman five years ago. She expressed an interest in Mr. Edwards because he reminded her of President John F. Kennedy, she told the decorator. And he arranged a first meeting, over tea, at her estate, Oak Spring Farms, in Upperville, Va.Mr. Edwards ingratiated himself with Mrs. Mellon to the point where she gave him millions of dollars as well as a gold necklace as a good-luck charm for the campaign trail, according to a tell-all memoir by Andrew Young, Mr. Edwards’s former aide, who is also an unindicted co-conspirator in the case.
In May 2007, when Mr. Edwards’s mistress, Rielle Hunter, told Mr. Edwards she was pregnant, Mr. Edwards and Mr. Young began looking for people who could give them money to help conceal the affair, the indictment said.
About the same time, it said, Mrs. Mellon wrote a note to Mr. Young, saying: “I was sitting alone in a grim mood — furious that the press attacked Senator Edwards on the price of a haircut. But it inspired me — from now on, all haircuts, etc. that are necessary and important for his campaign — please send the bills to me. ... It is a way to help our friend without government restrictions.”
At that point, the indictment said, Mrs. Mellon had already contributed the maximum permitted by law — $2,300 — to Mr. Edwards’s campaign.
Over the next eight months, the indictment said, Mrs. Mellon sent checks for Mr. Edwards through Mr. Huffman totaling $725,000, “falsely” referring in memo lines to things like “chairs,” “antique Charleston table” and “bookcase.” (Mr. Huffman refused to discuss this aspect of the case.)
Tuesday, May 17, 2011
Alas, Babylon: Governator Fathered Secret Love Child
Former California Gov. Arnold Schwarzenegger has acknowledged that he fathered a child with a member of his household staff, a revelation that apparently prompted wife Maria Shriver to leave the couple's home before they announced their separation last week.
Schwarzenegger and Shriver jointly announced May 9 that they were splitting up after 25 years of marriage. Yet, Shriver moved out of the family's Brentwood mansion earlier in the year after Schwarzenegger acknowledged the child is his, The Los Angeles Times reported Tuesday.
"After leaving the governor's office I told my wife about this event, which occurred over a decade ago," Schwarzenegger told the Times in a statement that also was sent to The Associated Press early Tuesday. "I understand and deserve the feelings of anger and disappointment among my friends and family. There are no excuses and I take full responsibility for the hurt I have caused. I have apologized to Maria, my children and my family. I am truly sorry.
Sunday, March 6, 2011
Let The Punishment Fit The Crime: Should John Edwards Be Indicted?
Everything John Edwards did–every breath he took–for four years was designed to get him elected president, after all. His antipoverty work was designed to make him look good. The payoffs to Rielle Hunter were designed to make him look good (by preventing him from looking bad). If the latter is a campaign expense, and has to be paid for with funds subject to individual limits, why not the former? And don’t say it’s because the former is a good thing and the latter is a bad thing. Criminal law isn’t supposed to be a blanket warrant to punish things we think are bad.
If you’re going to enact a criminal law which requires such squirrelly distinctions–including an absurd attempt to figure out what part of a politician’s life isn’t related to getting him or her elected–the only way to save it, it seems to me, is to cut people a lot of slack when it comes to applying it. That’s especially true when it comes to laws regulating the core democratic practice of running for office. Otherwise you wind up with what lawyers like to call a “chilling effect”–chilling in that it will prevent candidates from doing lots of things that should be legal, chilling in that it will deter non-insiders from running. …
Thursday, July 22, 2010
Candidate, Interrupted: Mark Dayton and his Enablers
At a charity auction in 1994 or so I won the opportunity to have Dayton take me and a friend to lunch at the Minneapolis Club. The lunch occurred toward the end of Dayton's tenure as the Minnesota state auditor. At lunch we argued politics and found nothing on which to agree. The lunch was extremely unpleasant because Dayton seemed to be unable to disagree agreeably. Dayton nevertheless put me on his Christmas card list for roughly the next five years.
Over those five years Dayton used his Christmas cards to discuss the dissolution of his two marriages, his entry into rehabilitation for alcoholism and related therapy issues. His psychiatric challenges were no secret to the many people on Dayton's Christmas card list, including virtual strangers like me.
The Star Tribune reported in its news story this past December: "People who have worked closely with Dayton or within the [Minnesota Democratic Party] said they have long known the former senator struggled with mental health issues." Later the story adds: "Opponents -- and even some supporters -- have long whispered of his possible struggle with mental illness."
Well, thanks. Where, one might ask, was the Star Tribune during Dayton's Senate campaign? It wouldn't have taken much digging to report this story during the 2000 Senate campaign.
It also wouldn't have take much digging to report the story during Dayton's six-year term in office, when Dayton provided the Star Tribune with many occasions that made the story relevant. The Star Tribune's December story noted, for example: "Dayton said neither his depression nor his alcoholism affected his political decisions, including those to close his Senate office in 2004 when he -- and no one else -- perceived Washington to be at an immediate risk for terrorism."
In other words, once Dayton himself sought to defuse the issues regarding his fitness for office by raising them with a friendly columnist, the Star Tribune jumped right on the case. The Star Tribune's performance on these basic issues regarding Dayton's fitness for office has been weak, along with that of the rest of the Minnesota media.
So “Alliance for a Better Minnesota” is essentially a front for a group of unions and, to the tune of millions over the past four years, Mark Dayton’s family, friends and ex-wife.
They are paying millions of dollars to advertise – and hiding it from casual view behind two layers of astroturf.
Mark Dayton is trying to buy the election, but he’s taking great pains to make sure you don’t know about it.
Friday, June 25, 2010
The Politician: A Book Review
Friday, January 22, 2010
I've Been A Bastard All My Life
Former Democratic presidential candidate John Edwards has finally come forward to admit that he fathered a child with a videographer he hired before his second White House bid. "It was wrong for me to ever deny she was my daughter," he said Thursday.
Edwards confirmed this in a statement released to The Associated Press, after initially denying that he'd fathered a child during an affair with campaign aide Rielle Hunter.
"I am Quinn's father," the former senator declared in his statement, as the second birthday of Frances Quinn Hunter approaches.
Sunday, January 10, 2010
St. Elizabeth's
No one in the Edwardses’ political circle felt anything less than complete sympathy for Elizabeth’s plight. And yet the romance between her and the electorate struck them as ironic nonetheless—because their own relationships with her were so unpleasant that they felt like battered spouses. The nearly universal assessment among them was that there was no one on the national stage for whom the disparity between public image and private reality was vaster or more disturbing.
With her husband, she could be intensely affectionate or brutally dismissive. At times subtly, at times blatantly, she was forever letting John know that she regarded him as her intellectual inferior. She called her spouse a “hick” in front of other people and derided his parents as rednecks. One time, when a friend asked if John had read a certain book, Elizabeth burst out laughing. “Oh, he doesn’t read books,” she said. “I’m the one who reads books.”
During the 2004 race, Elizabeth badgered and berated John’s advisers around the clock. She called Nick Baldick, his campaign manager, an idiot. She accused David Axelrod, his (and later Obama’s) media consultant, of lying to her and insisted that he be stripped of the responsibility for making the campaign’s TV ads. She would stay up late scouring the Web, pulling down negative stories and blog items about her husband, forwarding them with vicious messages to the communications team. She routinely unleashed profanity-laced tirades on conference calls. “Why the fuck do you think I’d want to go sit outside a Wal-Mart and hand out leaflets?” she snarled at the schedulers.
Monday, May 4, 2009
The Gestation Time for the American Sucker
The two-time Democratic presidential candidate acknowledged Sunday that investigators are assessing how he spent his campaign funds -- a subject that could carry his extramarital affair from the tabloids to the courtroom. Edwards' political action committee paid more than $100,000 for video production to the firm of the woman with whom Edwards had an affair.
You would think that a story involving the former vice presidential and presidential candidate of a major political party fathering a child with his mistress while his wife died slowly from breast cancer would rate a little more attention. You would think the press would be curious about an effort to cover up the existence of the mistress and child by shuttling the "family" around the country during the presidential campaign before they landed in Beverly Hills, with an earnest campaign staffer playing the role of the "real" boyfriend and father. (No one seems to remember this detail anymore). You would also think that a wealthy lawyer, who ran a populist campiagn in which he professed to be concerned for the poor and powerless would be treated as the cynical opportunist that he was revealed to be, and that such professions of concern from the Dollarcrats who run the so-called Part of the Common Man would similiarly be suspect. You would think so, but it's not.
The tawdriness that lay at the heart of one of the Left's favored sons has been wiped clean from the notebooks of the nation's stenographers, and the scandal reduced to little more than a matter of "technical violations" of campaign finance laws by a guy (Fred Baron) who is conveniently dead.
If it makes anyone feel better, the rumor and innuendo suggests that Edwards was benefiting from the largesse of his wealthy friends, rather than using $20 donations from small donors to pay off his mistress.
While Edwards focused his comment on campaign funds, he also had a range of other fundraising organizations -- including two nonprofits and a poverty center at his alma mater -- that have come under scrutiny.
Chief among them was the PAC that paid Rielle Hunter's company for several months in 2006 for Web videos that documented Edwards' travels and advocacy in the months leading up to his 2008 presidential campaign. The committee also paid her firm an additional $14,086.50 on April 1, 2007.
Edwards acknowledged the affair with Hunter last year, months after dropping his presidential bid.
At the time of the 2007 payment, the PAC only had $7,932.95 in cash on hand, according to records filed with the Federal Election Commission. That day, according to the records, Edwards' presidential campaign paid the PAC $14,034.61 for what is
listed as a ''furniture purchase.''Willfully converting money from a political action committee for personal use is a federal crime.
The furniture money was one of just five contributions to the political action committee between April 1 to June 30, 2007. The other four were on June 30, the last day of the reporting period, including a $3,000 contribution from the wife of Edwards' finance chairman, Fred Baron.
One of the oddities of the 2008 campaign for the Democratic nomination was how Edwards could never gain traction, despite his being the party's golden boy and VP nominee just one cycle earlier. Obama and Hillary drew a lot of attention away from him, of course; but, still, he had a populist message that should have naturally worked on Democratic primary voters. It certainly worked for people like Jim Webb and Sherrod Brown. But, Edwards could never get anywhere.
In restrospect, there must have been insiders among the Dems' big donors and policy elite who knew exactly what was going on, and stayed away from Edwards, even while maintaining the famed Left wing omerta that protects Democratic politicians from scandalous revelations that would have landed the most obscure Republican on the front page of the NY Times as a symbol of the "culture of corruption."
The GOP has a lot of self-imposed problems right now, but surely it is also a problem that it must face this sort of permanent headwind of media double standards. (and surely it is a business problem for the media that it seems to go out of its way to avoid reporting an entertaining "Stop the Presses" sort of stories like this one because it invovles one of their favored candidates. If anything, Edwards getting a well-deserved "full Monica" during the campaign would have sold a lot of papers!)

