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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?


To: Skywatcher who wrote (120987)4/20/2008 2:36:00 PM
From: Hope Praytochange  Respond to of 173976
 
Political historians will say her campaign sank with the mad Bosnia lie, but Bosnia broke through only because it expressed, crystallized, what people had already begun to think: too much mendacity there, too much manipulation.

Timing is everything. "Too late to get serious," I wrote in my notes. For before this, Mrs. Clinton's campaign was all dreary recitation of talking points, rote applause lines followed by rote applause.

The next day the Washington Post had its latest numbers. A "majority of voters now view her as dishonest," it said, bluntly. Six in 10 said she was "not honest or trustworthy." Which itself doesn't tell us, really, anything new, but concretizes, like the Bosnia story, what is already known.

This is what I think will happen. At some future point Mrs. Clinton will leave, and at a more distant one she will try to come back. But more than one cycle will have to pass before she does. She'll need more than four years to shake off the impression she made in 2008. And this is how you'll know she's making another bid for the presidency. She will wear skirts. Gone will be the pantsuits that made her look like a small blond man with breasts. It's the new me, I wear skirts! Her first impulse is to think cosmetically. A long and weary life in politics has left her thinking this is the way to think.

All of which sounds as if I foresee a Pennsylvania drubbing for her. I do not. I just think that whatever happens in Pennsylvania, the decision has been made, the die cast. Barack Obama's supporters will not be denied. He broke through, gained purchase, held his ground, the one thing Mrs. Clinton could not afford. When I speak to superdelegates, the vibration is there: It is the moment of Obama.

And now his problem emerges. It is two-headed. It is not that he is African-American, or half so, and it is not that he is liberal. Liberalism too, one senses, is having a moment.

It is his youth, his relative untriedness, the fact that he has not suffered, been seasoned, been beat about the head by life and left struggling back, as happens to most adults by a certain time. This is what I hear from older people, who vote in great numbers. They are not hostile to his race, they are skeptical of his inexperience.

The other is elitism, a charge that clearly grates on him and unnerves his wife, who has a great deal that would be attractive in a first lady (intelligence, accomplishment, beauty) but lacks placidity, which is, actually, necessary. All first ladies, first spouses, should be like Denis Thatcher, slightly dazed, mildly inscrutable, utterly supportive. It is the only job in the world where "seems slightly drugged" is a positive job qualification. The key is to know you are not the drama, you do not draw the lightning, you are a background player who yet has deep, unseen power. (The "deep, unseen power" part keeps you serene and energized. The constant possibility of quiet revenge keeps one peppy.)

Sen. Obama seems honestly surprised by the furor his the-poor-cling-to-God-and-guns remarks elicited, and if one considers his background—intense marginalization followed by the establishment's embrace—this is understandable. He was only caught speaking the secret language of America's elite, and what he said was not meant as a putdown. It was an explanation aimed at ameliorating the elites' anger toward and impatience with normal people. It's a way of explaining them, of saying, "You have to remember they're not comfortable and educated like us, they're vulnerable and so we must try to understand them and feel sympathy for and solidarity with them." You could say this at any high-class dinner party in America and not cause a ruffle. But America is not a high-class dinner party.

Mrs. Obama said Tuesday that she is from the South Side of Chicago and a working-class home, and seemed to argue that no one from such humble beginnings could be an elitist. But America is full of people who started low, rose high and internalized what the right people think, which is another way of saying what the elites think. To rise in America is to turn left, unless you are very, very tough or protected by privilege of the financial or familial kind.

Can Mr. Obama survive this? Yes. But it made a bad impression, the kind it's hard to eradicate. Good news for him: the trope that blacks aren't snobs, they're patronized by snobs. Also, he doesn't seem haughty. He seems like a nice man. Also the person exploiting his gaffe is Mrs. Clinton.

* * *

online.wsj.com



To: Skywatcher who wrote (120987)4/20/2008 2:40:11 PM
From: Hope Praytochange  Respond to of 173976
 
Obama's Tax Evasion
April 18, 2008; Page A16
The parsons of the press corps are furious with Charlie Gibson and George Stephanopoulos of ABC News, which means the pair must have done a pretty good job moderating Wednesday's Democratic debate in Philadelphia. Barack Obama had an off-night, so his media choir wants to shoot the questioners.

We thought the debate was one of the best yet, precisely because it probed the evasive rhetoric we've heard from both Democratic candidates throughout the campaign. Nowhere was this more apparent than during the exchanges between Mr. Gibson and Mr. Obama over taxes.


Time and again, the rookie Senator has said he would not raise taxes on middle-class earners, whom he describes as people with annual income lower than between $200,000 and $250,000. On Wednesday night, he repeated the vow. "I not only have pledged not to raise their taxes," said the Senator, "I've been the first candidate in this race to specifically say I would cut their taxes."

But Mr. Obama has also said he's open to raising – indeed, nearly doubling to 28% – the current top capital gains tax rate of 15%, which would in fact be a tax hike on some 100 million Americans who own stock, including millions of people who fit Mr. Obama's definition of middle class.

Mr. Gibson dared to point out this inconsistency, which regularly goes unmentioned in Mr. Obama's fawning press coverage. But Mr. Gibson also probed a little deeper, asking the candidate why he wants to increase the capital gains tax when history shows that a higher rate brings in less revenue.

"Bill Clinton in 1997 signed legislation that dropped the capital gains tax to 20%," said Mr. Gibson. "And George Bush has taken it down to 15%. And in each instance, when the rate dropped, revenues from the tax increased. The government took in more money. And in the 1980s, when the tax was increased to 28%, the revenues went down. So why raise it at all, especially given the fact that 100 million people in this country own stock and would be affected?"

Mr. Obama answered by citing rich hedge fund managers. Raising the capital gains tax is necessary, he said, "to make sure . . . that our tax system is fair and that we are able to finance health care for Americans who currently don't have it and that we're able to invest in our infrastructure and invest in our schools. And you can't do that for free."

But Mr. Gibson had noted that higher rates yield less revenue. So the news anchor tried again: "But history shows that when you drop the capital gains tax, the revenues go up?" Mr. Obama responded that this "might happen or it might not. It depends on what's happening on Wall Street and how business is going." And then he went on a riff about John McCain and the housing market.


This is instructive. The facts about capital gains rates and revenues are well known to our readers, but we'll repeat them as a public service to the Obama campaign. As the nearby chart shows, when the tax rate has risen over the past half century, capital gains realizations have fallen and along with them tax revenue. The most recent such episode was in the early 1990s, when Mr. Obama was old enough to be paying attention. That's one reason Jack Kennedy proposed cutting the capital gains rate. And it's one reason Bill Clinton went along with a rate cut to 20% from 28% in 1997.

Either the young Illinois Senator is ignorant of this revenue data, or he doesn't really care because he's a true income redistributionist who prefers high tax rates as a matter of ideological dogma regardless of the revenue consequences. Neither one is a recommendation for President.

For her part, Hillary Clinton said that she, too, was open to hiking the capital gains tax rate, just not by as much as her rival. "I wouldn't raise it above the 20% if I raised it at all," she said. Of course, she too promised during Wednesday's debate not to raise "a single tax on middle-class Americans, people making less than $250,000 a year."

Both candidates would have voters believe that taxes on investment income only affect the rich. But that's not what Internal Revenue Service returns show. The reality is that the Clinton and Obama rate increases would hit millions of Americans who make well under $200,000. In 2005, 47% of all tax returns reporting capital gains were from households with incomes below $50,000, and 79% came from households with incomes below $100,000.

* * *
By the way, a higher capital gains tax rate isn't the only middle-class tax increase that Mr. Obama is proposing. He also wants to lift the cap on wages subject to the payroll tax. That cap was $97,500 in 2007 and is $102,000 this year. "Those are a heck of a lot of people between $97,000 and $200[,000] and $250,000," said Mr. Gibson. "If you raise the payroll taxes, that's going to raise taxes on them." Ignoring the no-tax pledge he had made five minutes earlier, Mr. Obama explained that such a tax increase was nevertheless necessary.

In other words he dodged the question, as he so often does with impunity. But thanks to Mr. Gibson's persistence, for 90 minutes Wednesday night Mr. Obama didn't get away with it. The voters learned a lot about Mr. Obama, who needs to learn a lot more about taxes and revenue.

See all of today's editorials and op-eds, plus video commentary, on Opinion Journal.