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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?


To: Rock_nj who wrote (125122)1/25/2008 1:50:02 AM
From: stockman_scott  Read Replies (1) | Respond to of 362833
 
Obama's eloquence reflects end of the age of the rant

tennessean.com

By JOEL RICE

Tennessee Voices

January 17, 2008

Whether presidential hopeful Barack Obama prevails in the nominating process, he has already done something historic. He has ended, at least for now, the age of the rant.

George W. Bush, not given to rhetorical flight, set the tone for the now receding era of screed. However one feels about the 43rd president, few would ever accuse him of eloquence.

In the immediate aftermath of 9/11, a senator, on national television, called for our citizens to drag Osama bin Laden's body through the street as other national political figures called not just unabashedly, but proudly, for torture.

This was the age of the rant. In the age of the rant, we heard mainstream political talk-show hosts, from CNN to Fox, drop all pretenses of sobriety and objectivity. Like Howard Beale in the movie Network, the more they ranted the more their ratings climbed. On Valencia Street in San Francisco, a sign read: Bush is a Mad Cow.

The age of the rant reached its nadir for me in the winter of 2004 when, during the pitched Bush vs. Kerry battle, a mass e-mail found its way into my inbox. The electronic epistle's author was the novelist E.L. Doctorow. Reading Doctorow's group e-mail, one heard not the modulated tones of the man of letters but the coarse screaming of feverish desperation, a cascade of invective directed at the president of the United States.

Doctorow's e-mail was the kind of violent speechifying that another era would have properly confined to a bar, or scrawled on a bathroom wall. One of our nation's most lauded writers reduced to Internet diatribe. Blame the author, or his times, or both.

This was the age of the rant.

Of course, the semi-anonymity of the World Wide Web inspired millions of private citizens to discover and share their inner polemicist, typing into the computer screen, instead of yelling out the window, that they were "mad as hell."

Enter Barack Obama with his soaring rhetoric, his exhilarating turns of phrase, his wide vistas of hope and pure American possibility. Where many other politicians and NGOs, such as MoveOn.org, use language as a blunt object, Mr. Obama seems to float on language as though it were ether. In the realm of national discourse he has managed to set, in President Bush's immortal phrase, "the pie higher."

Last week, the Clinton campaign sought to cast suspicion on the senator from Illinois' resonant language. Hillary Clinton, in the New Hampshire debate, warned of "false hopes." "You campaign in poetry," she said, "but you govern in prose." In essence: He talks. I will do.

Maybe.

But speaking is also a form of doing. In articulating his high argument of hope, Obama has shown us that — even after years of rant — the country of Walt Whitman, of Lincoln and Martin Luther King Jr. will always yearn for eloquence and its power to summon the better angels of our nature.

*Joel Rice is a Nashville free-lance writer.



To: Rock_nj who wrote (125122)1/25/2008 5:53:48 AM
From: stockman_scott  Respond to of 362833
 
U.S. at recession edge but not there yet: Greenspan

reuters.com

Thu Jan 24, 2008 6:12pm EST

By Allan Dowd and Nicole Mordant

VANCOUVER, British Columbia (Reuters) - The United States is at the edge of a recession, with the odds at 50 percent or possibly higher, former Federal Reserve Chairman Alan Greenspan said on Thursday.

"The odds have definitely moved up from a year ago when I was talking of about a third," Greenspan told a financial audience in Vancouver.

"I think we are now at a point that we are at the edge or over." He added: "The probability of a recession is 50 percent, maybe more but we are not there yet."

Greenspan's comments were similar to those he made earlier in the month, and he acknowledged that it was very difficult to predict exactly when the economy might enter a recession or was actually in one.

The former Fed chairman said a lesson learned from previous downturns in the economy and financial markets - such as after the September 11, 2001 attacks - was the need to avoid protectionist trade policies.

"The economy is exceedingly more resilient than in the past," Greenspan said, when asked if he thought if a recession would be shallow or deep, adding later "for that reason I would argue for a relatively shallow recession."

On the issue of the subprime mortgages, which are at the heart of the current economic turmoil, Greenspan said that although the loans were risky, he believed that they were worth the risk as they helped broaden home ownership, especially among minorities.

The "real big surprise" to him was how the subprime crisis migrated across borders to other parts of the world because of securitization -- where the mortgages were bundled together for sale through complex financial instruments.

Greenspan gave a cautious thumbs up to the recent injections by sovereign wealth funds, or government-controlled funds, of billions of dollars in exchange for stakes in a number of U.S. banks hard-hit by the subprime crisis.

"I must admit I am a little uncomfortable (with sovereign wealth funds)... but I must admit there is very little evidence that they are being used inappropriately," Greenspan said.

"On balance I think they are desirable," he added.

China, Kuwait and Singapore are among the foreign governments that have pumped money into U.S. companies in recent weeks.

Citigroup Inc (C.N: Quote, Profile, Research) said last month it would get nearly $7 billion from Singapore Investment Corp Pte and $3 billion from the Kuwait Investment Authority. Merrill Lynch (MER.N: Quote, Profile, Research) said it received $6.6 billion from Kuwait, the Korean Investment Corp and Japan's Mizuho Financial Group.



To: Rock_nj who wrote (125122)1/25/2008 10:44:32 AM
From: stockman_scott  Respond to of 362833
 
The latest attacks on Obama insult voters' intelligence.
______________________________________________________________

The Clintons’ Patronizing Strategy
By Jonathan Alter
Newsweek Web Exclusive
Updated: 11:29 AM ET Jan 24, 2008

The last major presidential candidate from Illinois, Adlai Stevenson, was approached by a voter in the 1950s. "Governor, you have the vote of every thinking American," she said. "That's nice," Stevenson replied. "But I need a majority."

Politics, as Bill Clinton said Tuesday in South Carolina, is "a contact sport." And while Barack Obama is trying hard to shed his professorial and all-too-Stevensonian air, he's just not a good enough eye-gouger at the line of scrimmage, especially with two people teaming up against him.

Obama's best hope is that Democratic voters aren't as dumb as Hillary and Bill Clinton think they are. The outcome of the primaries depends on whether, amid their busy lives, voters can get a general fix on who is more often telling the truth about the barrage of charges and countercharges.

This is ironic, because the way Bill Clinton survived impeachment was by betting on the intelligence of the American public. Now he's betting against it.

In South Carolina, Hillary is airing a radio ad that goes back to a theme she pushed in the debate there Monday night: that Obama liked Republican ideas. As Obama pointed out in his response ad, this is "demonstrably false," as referees from ABC News to the Washington Post to factcheck.org have established. (The Obama response ad ends with a new tag line that Hillary will "say anything and change nothing.")

The Republican story goes back to an interview Obama did with a Nevada newspaper in which he praised the way Ronald Reagan communicated with the public and changed "the trajectory of American politics." He added that, unfortunately, the Republicans had some fresher ideas than the Democrats in recent decades.

These are completely ordinary comments. In fact, as Obama pointed out in the Myrtle Beach debate, Hillary is considerably more effusive about Reagan in Tom Brokaw's new book, "Boom." Bill has also made many statements over the years that were much more complimentary toward Reagan. Nobody paying attention thinks either Obama or the Clintons likes Reagan's right-wing politics.

But instead of moving on to another line of attack with more grounding in what Bill Clinton called "indisputable facts," the Clinton campaign decided to bet that this Reagan horse could be flogged for more votes among less educated voters in South Carolina who might be inclined to believe Hillary's preposterous version.

Less educated? Yes, downscale voters are their target group. Obama is stronger among well-educated Democrats, according to polls. So the Clintons figure that maybe their base among less educated white Democrats might be receptive to an argument that assumes they're dumb. Less well-educated equals gullible in the face of bogus attack ads. That's the logic, and the Clintons are testing it in South Carolina before trying it in Super Tuesday states. They are also road-testing major distortions of Obama's positions on abortion, Social Security and the minimum wage.

I'm all for aggressive, even negative, campaigning, but I'm not so sure this patronizing approach will work for Hillary down the stretch. Let's take the battle in New Jersey, a delegate-rich state that votes on Feb. 5. Hillary will almost certainly win there, in her backyard, but the question is by how much. New Jersey delegates are awarded proportionally, which means that if Obama can come within five or ten points, he's ahead of the game in the national delegate hunt.

As the Reagan ad aired in South Carolina, Hillary was campaigning in New Jersey. That gave the Obama campaign an excuse to assemble a rapid response team to create a little backlash in the Garden State.

Cory Booker, the inspiring mayor of Newark, is especially popular with white liberals in the suburbs. Here's what he said about the Clinton ads, beyond calling them "outrageous" and "dishonest":

"We're trying to offer an alternative to the Republicans' fear and smear campaigns, and now we're being dragged down to their level by the Clintons."

I live in New Jersey and can attest that plenty of Democrats there will be responsive to Booker's argument, as well as that of New York-area newspapers blasting Hillary for the Reagan shot. Disgust with this kind of thing may help bring Obama closer than expected.

Bill Clinton rightly complained in the 1990s about the politics of personal destruction. In both 1992 and 1996 he managed to run general election campaigns against George Bush and Bob Dole that mostly stayed on the high road. Then, in 1998, he survived a withering assault by relying on the common sense of average people.

On the day his testimony about his sex life was being replayed on TV—arguably the most embarrassing day in the history of the presidency—I slipped into a reception for Clinton in New York.

He was amazingly serene. With enough time and information, the president told me, the American people figure out the truth. They aren't as dumb as [former House GOP strategist] Tom DeLay thinks, he suggested. "The people always get it right," Clinton said.

They did then, supporting Clinton against a witch hunt. But will they now?

URL: newsweek.com; 2008 Newsweek.com