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October 31, 2008

Harris and the 'flush tax'

Andy Harris, who has branded his Democratic opponent, Frank Kratovil, a "tax-and-spend liberal," laughs with amusement when someone calls him an extremely conservative Republican. "Only in Maryland," he says, would someone with his attitudes and voting record be considered extreme. In many other places in this great nation, Harris says, he'd be considered a mainstream Republican.

Perhaps that is so. But certainly Harris is to the right of Wayne Gilchrest, the Eastern Shore Republican he wishes to replace in next Tuesday's election. Yesterday on Midday, Harris seemed to say that Gilchrest was out of step with voters of the First District, and what voters really wanted all along, instead of the former school teacher and Vietnam veteran they sent to Congress for 18 years, was a more conservative brand of Republican. And that's why Harris, a doctor and state senator from Baltimore County, is running for the seat: He's more of a classic Republican than Gilchrest, more in step with a district that was redrawn six years ago.

Harris can downplay the level of his conservatism, but his General Assembly voting record, which we've examined carefully, clearly puts him to the far right. And if that's relative to the voting records of others in the state legislature or the attitudes of most voters in this Democrat-dominated state, so be it. That's how we measure things here and everywhere.

Consider his environmental voting record, for instance. Harris has one of the worst records on environmental matters, according to the Maryland League of Conservation Voters, an organization that rates every member of the House of Delegates and Senate after every session, and has consistently put Harris near the bottom of its list. (His lifetime 9 percent rating ties him for second-worst in state Senate.) The Chesapeake Bay should be of concern to all Maryland representatives in Congress, but particularly one from the First District, which includes all of the Eastern Shore, and parts of Harford, Anne Arundel and Baltimore counties.

Yesterday, when a Midday caller asked Harris what he'd do for the bay, he said that for too long, and on too many fronts, Maryland has gone it alone in the long and unsuccessful bay restoration effort. Other states in the vast watershed need to do more, he said. (Below is Harris's position on the Chesapeake, in his own words.)

I asked him about his opposition to the so-called "flush tax," approved by the legislature four years ago and pushed by Bob Ehrlich, the former Republican governor who is supporting Harris in his campaign for Congress. Harris said he opposed the $30 annual levy because it included rural and suburban homeowners who have their own septic systems. He didn't think it fair to include them, the inference being that people with their own septics don't contribute in some way to the polluting of the bay and don't benefit from sewage treatment plants. This was an argument heard frequently on right-wing talk radio during the debate over the flush tax. But, in the end, it became a law widely praised. Ehrlich expressed misgivings about the septic provisions of the bill, but said the measure was "too important to veto."

For those who don't quite remember, here's a summary of the flush tax by Tim Wheeler, the Sun reporter who has long covered environmental issues for the paper: "In an attempt to boost the bay cleanup effort, lawmakers in 2004 approved a 'flush tax' on sewer users and septic system owners proposed by Gov. Robert L. Ehrlich Jr. The $2.50 monthly fee on sewer bills has generated
$60 million per year for upgrading sewage treatment plants, a major source of nutrients fouling the bay. A $30 annual fee charged to homeowners on septic systems has raised $12 million a year to help pay farmers to plant pollution-preventing 'cover crops.' The fee also pays for grants to improve septic systems."

One of the first treatment plants to benefit from the levy was the one in Easton, in the heart of the First District. Before the end of 2004, Ehrlich went there and, proclaiming his commitment to cleaning up the Chesapeake, he and other officials broke ground on what would be the first of 66 sewage treatment plant expansion projects funded through his new "flush tax." The $36 million expansion of the Easton facility was intended to handle the town's growing population and cut by two-thirds the amount of nitrogen pollution flowing from the plant toward the bay. "We all love the bay, and we love to fish and go to Ocean City," Ehrlich said. "Past administrations have done a lot to help, but it was somewhat piecemeal, uncoordinated. It had stopped the bleeding, but it didn't turn the corner." The "flush-tax" could raise up to $1 billion for plant improvements by 2014.

No one likes taxes, and Bob Ehrlich took of a beating from the more extreme wing of his GOP constituency for proposing the flush-tax. Republican doctrine insists on fighting taxes every step of the way, decreasing the size of government and government's reach.

But, when it comes to environmental issues, there's no "going it alone," and for most people the "flush tax" represented an effort to get all Marylanders in on the effort to help the bay. It was a modest levy with a potentially large result, and many consider it it one of the most important steps we've ever taken in this region.

In the General Assembly, Andy Harris represents north-central Baltimore County and perhaps he felt that "representation" meant fighting off the flush tax on behalf of his constituents. But, when it comes to the bay, such parochial thinking doesn't work. And when you offer yourself as a candidate for Congress, offering to serve a far greater constituency, you have to present vision and leadership that goes beyond petty and provincial concerns.

Here's Harris's position on the environment:

The Chesapeake Bay is not only a treasure to the state of Maryland, it is a national treasurer. As such, the United States government should take decisive actions to improve the health of the Chesapeake Bay.
I support a multi-state effort to clean up the Bay. For too long, Maryland has had a go-it-alone mentality when attempting to clean up the Bay.
Many of the greatest polluters of the Chesapeake Bay do not come from the State of Maryland. The states contributing to the degradation of the Bay include Pennsylvania, New York, Delaware, Virginia and Washington D.C. The greatest single point polluter to the Chesapeake Bay is a wastewater treatment plant in Washington D.C.
For decades Maryland has gone it alone, and the health of the Bay has continued its decline.
I support a multi-state solution that uses the power of the federal government to clean up the health of the Chesapeake Bay. I support making the voluntary standards states agreed to as part of the Chesapeake 2000 Agreement mandatory. The states have already agreed to these standards and now it is time for the federal government to make these standards mandatory.
Posted by Dan Rodricks at 5:39 PM | | Comments (1)
        

Free The Mummy!

Suggestion for Halloween: Free screening at The Senator of the original The Mummy, from 1932 and starring Boris Karloff. The screening is at 10 pm, with a second free show tomorrow at noon, part of the 12th annual Belvedere Fall Fest. There's a kids' costume parade across The Senator's stage at 11:30 am. More info at www.senator.com

 

Posted by Dan Rodricks at 11:34 AM | | Comments (0)
        

More on Obama 'parable'

I've received more comment on the Obama 'parable' about redistribution of wealth that has made the cyber-rounds and that was the subject of reflections by invited clergy in this space the other day.

Here's another such reflection, from Father Michael Schleupner, Bel Air, Md.:

The concept of redistribution of wealth is not new.  It is based on the classical and Christian concept of the common good.  That idea says that we need to look beyond what is good just for ourselves and look to what is good or what benefits the community (society, world) as a whole.  Based on that, Catholic social teaching has said that those with more should share more.  This is why we have a graduated income tax in our country -- although one wonders how effective that really is.  More specific to the 'parable,' the teller of the story misses the point that both of these people are in need -- the waiter in the restaurant and the beggar on the street.  It is likely that neither has health insurance and both live life much closer to the vest than the one who wrote to you. That person needed to share with both and could have done so.
The real issue here is a person who has his mind made up against Obama, against taxes, against financial/economic regulations, in favor of unfettered capitalism, and just wants to keep what he has and let everyone fend for themselves.  It is that attitude that has brought our country into such a financial and social mess and has led us to rank behind other industrialized nations in education, health care for citizens and efforts to eradicate poverty.

Posted by Dan Rodricks at 10:09 AM | | Comments (0)
        

October 30, 2008

Andy Harris v. Frank Kratovil

You can hear my interviews with First Congressional District opponents Frank Kratovil and Andy Harris by following the links below.

MIDDAY WITH DAN RODRICKS

Listen live on WYPR 88.1 FM or online at wypr.org

 

 

Thursday, October 30
Noon-1:00

Our guest in Studio A today was Andy Harris, the doctor and Maryland state senator who is the Republican candidate for the First Congressional District seat. Hear that interview. He's running against Democrat Frank Kratovil, left, the Queene Anne's County state's attorney, in what has turned out to be Maryland's hottest contest and one being watched closely by both national parties. Kratovil was in the guest's chair yesterday at the same time. Hear that interview. 

Posted by Dan Rodricks at 5:01 PM | | Comments (0)
        

Your favorite horror film

MIDDAY WITH DAN RODRICKS

Listen live on WYPR 88.1 FM or online at wypr.org.  You can call during the show at 410-662-8780 or toll-free at 866-661-9309, or drop us an e-mail with brief comments or questions at midday@wypr.org.

 

Today at 1 pm: "It's alive!"

What's your favorite horror film? If you had to pick one for a fright night, what would it be? With Halloween approaching, we've invited writer and film historian Greg Mank to talk about some of the classics -- the original Dracula, Frankenstein, and The Mummy -- and to compare notes with callers on horror films. Mank knows his stuff; he's written books on the horror genre and on Bela Lugosi and Boris Karloff. He's also discovered some of Hollywood's skeletons -- the scandals and peculiar behaviors of the actors and actresses who once upon a time made the silver screen so scary. The stories behind the making of the horror classics are just as interesting as the films themselves. Cinema that screams -- after the news from NPR . . .

Posted by Dan Rodricks at 9:50 AM | | Comments (2)
        

Pennsylvania: Slots' human toll

Last Sunday's Philadelphia Inquirer reported on the gorgeous level of state revenues from slot machine gambling since the first legalized machines were installed in Pennsylvania a couple of years ago. But, so far, it looks like any derived benefit has been negated by financial and personal losses. An Inquirer editorial ran the numbers: "The legalization of slots appears to be a winner for the state. But the $1.8 billion that has come to state coffers was generated by slots gamblers who have lost more than $2.4 billion. That's an average loss of $249 for every adult in Pennsylvania - which is more than the property tax rebates."

Read the stories

 

Posted by Dan Rodricks at 8:01 AM | | Comments (1)
        

Andy Harris on Midday

MIDDAY WITH DAN RODRICKS

Listen live on WYPR 88.1 FM or online at wypr.org.  You can call during the show at 410-662-8780 or toll-free at 866-661-9309, or drop us an e-mail with brief comments or questions at midday@wypr.org.

 

Thursday, October 30
Noon-1:00
Our guest in Studio A this hour is Andy Harris, the doctor and Maryland state senator who is the Republican candidate for the First Congressional District seat. He's running against Democrat Frank Kratovil in what has turned out to be Maryland's hottest contest and one being watched closely by both national parties. Kratovil was in the guest's chair yesterday at the same time (hear that interview). First District undecideds -- you can call with a question for Sen. Harris during the show, or send us a question by e-mail in advance of the program any time this morning. Please keep your questions short and to the point, and send them directly to our producers at midday@wypr.org

1:00-2:00 hour: What's your favorite horror film? If you had to pick one for a fright night, what would it be? With Halloween approaching, we've invited writer and film historian Greg Mank to talk about some of the old-timey classics -- the original Dracula, Frankenstein, and The Mummy -- and to compare notes with callers on horror films. Mank knows his stuff; he's written books on horror films. The stories behind the making of these classics are just as interesting as the films themselves. Cinema that scares us -- after the news from NPR

 

 

Posted by Dan Rodricks at 7:06 AM | | Comments (0)
        

New owner for Pimlico, Laurel?

I mentioned Halsey Minor in my column the other day. He's the wealthy investor with eyes on taking ownership of Pimlico and Laurel. On Oct. 17, he made a public overture to the directors of of MI Developments, the parent of Magna Entertainment Corp., which owns the Maryland tracks. Minor is willing to take on more than $220 million in loans Magna owes MID. He is opposed to the legalization of slots here and thinks he knows how to generate new business and revenue for the tracks without them. He seems to have big ideas and a genuine vision for a revival of the tracks. And he has the biz cred. "I have a deep personal interest in the horse racing industry and a long history of creating profitable business ventures," he told MID. "I founded CNET, one of the Internet's first companies to achieve profitability and a NASDAQ 100 designation, and also developed two other CNET spin-off ventures which became successful, publicly-traded entities. CNET was sold to CBS on June 30, 2008. I was also the founding and largest investor in salesforce.com, one of the most successful technology companies over the past eight years."

Minor responded by e-mail to a message I left at his San Francisco office the other day, saying he was in a "quiet period" now, waiting for the slots matter to settle. "The slots outcome will necessitate different strategies. When I am ready to go public I will get back in touch."

But bloggers called the Bug Boys flushed Minor out a bit last week. You can read what Minor told them, by clicking here. Alan Heitner, one of the bloggers on that site, says: "Mr. Minor found us.  We put up a post saying, 'If not slots, what is your plan?' And he actually gave us an answer.  This is the beauty of the Internet and blogging.  Two dopey bloggers can be involved in generating real news."

Posted by Dan Rodricks at 6:04 AM | | Comments (2)
        

I.O.U.S.A. at the Charles

I'm glad to see this: Cinema Sundays at the Charles continues its 43rd series this Sunday with I.O.U.S.A. , the excellent documentary about the national debt produced by Agora Financial of Baltimore, the research firm and publisher of investment newsletters. This doc has been called the Inconvenient Truth on our national debt. During a Midday interview with Addison Wiggin, the Agora partner who has been promoting the film, I asked whether he had approached The Charles about showing his film, and I don't think he had at that point. It seemed like the perfect venue. Now, Baltimoreans have a chance to see it on a big screen. The press release from The Charles calls I.O.U.S.A. "perhapss the scariest film ever presented at Cinema Sundays."

Here's the official synopsis of the film:

I.O.U.S.A. boldly examines the rapidly growing national debt and its consequences for the United States and its citizens. As the Baby Boomer generation prepares to retire, will there even be any Social Security benefits left to collect? Burdened with an ever-expanding government and military, increased international competition, overextended entitlement programs, and debts to foreign countries that are becoming impossible to honor, America must mend its spendthrift ways or face an economic disaster of epic proportions. Throughout history, the American government has found it nearly impossible to spend only what has been raised through taxes. Wielding candid interviews with both average American taxpayers and government officials, Sundance veteran Patrick Creadon (Wordplay) helps demystify the nation’s financial practices and policies. The film follows U.S. Comptroller General David Walker as he crisscrosses the country explaining America’s unsustainable fiscal policies to its citizens. With surgical precision, Creadon interweaves archival footage and economic data to paint a vivid and alarming profile of America’s current economic situation. The ultimate power of I.O.U.S.A. is that the film moves beyond doomsday rhetoric to proffer potential financial scenarios and propose solutions about how we can recreate a fiscally sound nation for future generations. Pointedly topical and consummately nonpartisan, I.O.U.S.A. drives home the message that the only time for America’s financ ial future is now.


Here's the official synposis for Cinema Sundays:

Precisely at 9:45 on a given Sunday morning, while birds chirp in the most musical manner, the doors at the Charles Theatre swing open to reveal a lobby replete with tasty bagels, hot coffee and friendly volunteers ready to serve them to you. All of our volunteers have been pre-tested for a complete lack of morning grouchiness and provide the nicest serv ice.

Guarded carefully by the enormous lobby penguin (which desperately needs a name) bagels, coffee and scintillating yet improvised conversation continues until 10:30. At precisely 10:30:07 some brief opening remarks by yours truly will be followed by a few remarks from our guest speaker who will never do either of two things. First he or she will never ever give away the plot of the film and second the speaker will not go on too long…especially if the film is one of those 2.5 hour Soviet era documentaries on the Romance of the Seven Tractor Drivers.

Following a brief admonition not to talk during the film and a recommendation to sublet your cell phone to a starving student from the third world the screening will take place. Upon completion of the screening a robust question and answer session featuring our guest speaker will include your fascinating observations upon the recently screened movie.

This flowery description barely describes the sublime joy and excitement which is Cinema Sundays. If there is a better way to spend Sunday mornings it simply hasn’t occurred to me….yet!

Jonathan Palevsky
Host of Cinema Sundays and completely reachable at JPalevsky@aol.com

Please feel free to visit us at… Http://www.cinemasundays.com


Tickets: $15 at the door.
Or buy a mini-membership.
1711 N. Charles St.
410-727-3464
info: Karen@cinemasundays.com

 

Posted by Dan Rodricks at 5:58 AM | | Comments (0)
        

October 29, 2008

Talented kids at Germano's

Germano's Trattoria in Baltimore's Little Italy established a cabaret several months ago, and Thursday night they're bringing in talented students from the amazing Baltimore School for the Arts. The lineup is below. You have to order food and/or drink worth at least $15, and there's a $10 cover charge that goes to the BSA. Show starts at 7:30 pm. If you have dinner, ask about the red beet ravioli with mushrooms and veal stock reduction.

Arielle Amstrong           O Had I Jubal's Lyre Handel
Rachel Coates              Perduta Ho la Speranza Stefano Donaudy
Ciera Dennis                O Bei Nidi   Stefano Donaudy
Rachel & Arielle            Sull Aria from Cosi fan Tutte Mozart
Sax Quartet                 Quick Tango  Astor Piazzolla
Tevin Brown                 All the Things You Are  Jerome Kern & Oscar Hammerstein
Heather Harvin            How Could I Ever Know, from A Secret Garden Lucy Simon
Tevin Brown                Embraceable You  George and Ira  Gershwin
Sax Quartet                Melancholy Tango  Astor Piazzolla
Lawrence Bryant          It Ain't Necessarily So, from Porgy & Bess George Gershwin

Posted by Dan Rodricks at 6:41 PM | | Comments (0)
        

Global rich list

Step right up, my friends, and see where you stand on the list of the world's richest people. We all know where Bill Gates and Warren Buffett stand, but what of the rest of us? Just enter your income at this website and it tells you how you rate: http://www.globalrichlist.com/

A little perspective -- putting most of us in the world's privileged minority -- courtesy of the Web

Posted by Dan Rodricks at 6:06 PM | | Comments (0)
        

Crack The Sky

I remember this band well -- from the progressive movement in the late 1970s, all through the 1980s, and then something happened -- oh, I started listening to talk radio too much. Forgive me, but didn't this band have local or at least regional roots? Wasn't CTS big around Baltimore for a good while? I think some of these boys were from West Virginia, too. Anyone remember John Palumbo? . . . Anyway, in case you want to check up on Crack The Sky, the band is featured Nov. 9 at the fundraiser I wrote about in Sunday's column -- for the guitar man Stan Whitaker, left, who is being treated for two kinds of cancer. Even with the help of the Maryland Health Insurance Plan for low-income, high-risk adults, Whitaker and his wife, LeeAnne, are having a tough time paying the bills. "I have watched them scramble and bargain for medical and dental care for quite some time," LeeAnne's mother writes by e-mail. "As a duo for the last three years they worked at least 4 to 5 nights a week and haven't been able to afford the most basic care. I'm glad the MHIP program got some good publicity." The benefit concert is at Timonium Fairgrounds on Nov. 9.

Just got this e-mail from Henry Rosenberg The Third: I don't know if you ever saw their album cover for Photoflamingo, but that was me posing as the camera man with Palumbo's fiance (at the time) as the subject. I have the album but honestly never listened to the music. I thought you might be inspired, though, by my 15 minutes of fame!

DR: Thanks, Hank -- yeah, inspired. I guess that's the word for it.

Mike Anft remembers Stan Whitaker: "I took guitar lessons from him for two years during my fledgling rocker days. I'd drive the 60 miles to Herndon, Va. and back weekly just to get the benefit of his musical wisdom. He was the guitarist for a great prog-rock band back then called Happy the Man. Despite the long slog through DC traffic, I always looked forward to seeing him. I'll definitely be there Nov. 9 to support him."

Posted by Dan Rodricks at 3:34 PM | | Comments (0)
        

'Class warfare' through history

Baltimore-based journalist and author Neil A. Grauer provides a little perspective on the prosecution of "class warfare" in presidential campaigns:

“Class warfare” has been a part of American politics since the beginning -- with Jefferson insisting that only a rural, agriculturally based nation would be virtuous; and Hamilton supporting urban-based manufacturing. It is a theme that has remained constant: Andrew Jackson, the man-of-the-people, against the “aristocratic” John Quincy Adams; William Henry Harrison (actually a well-born plantation-owner) depicted as living in a log cabin, drinking hard cider, and battling dandified Martin Van Buren (Jackson’s successor), who was said to use gold cutlery in the White House.
Interestingly, for a Baltimore angle on the 1840 Van Buren vs. Harrison campaign, look no further than the Baltimore Republican, a pro-Van Buren/Jackson newspaper (remember that the Jefferson’s party originally went by the name of “Republicans” or “Democratic Republicans,” as opposed to the more establishment Federalists/Whigs).  The Republican, seeking to dismiss Harrison as an unsophisticated soldier, proclaimed: “Give him a barrel of Hard Cider, and settle a pension of two thousand a year on him, and…he will sit the remainder of his days in his Log Cabin, by the side of a ‘seacoal’ fire and study moral philosophy.” 

The Whigs -- Harrison’s party -- instantly recognized that they had been given the best common man bona fides imaginable. That’s how the first modern, political marketing campaign was born, with banners, pendants, medallions, and even little pins showing a figure beside a log cabin and a barrel of hard cider.  Add to that the slogan “Tippecanoe [for one of Harrison’s military victories] and Tyler [for vice presidential candidate John Tyler] too,” and you had the makings of a powerfully successful campaign. 

Unfortunately, Harrison was 68 when elected, caught cold on his inauguration day and died after a month in office. Tyler -- a Southern conservative put on the ticket to balance it -- became the first veep to assume the presidency and alienated everyone. He was denied renomination and the Whig candidate, Henry Clay, was beaten by James K. Polk -- “Young Hickory” -- a protégé of Jackson, the man of the people.

I should add that Hudson Valley aristocrat Franklin D. Roosevelt was called a “traitor to his class” when he became the forceful advocate of “The Forgotten Man” during the Depression. The inevitable “soak-the-rich” and “tax-and-spend” jibes the GOP throws at Democratic candidates even today stem from the New Deal.

Posted by Dan Rodricks at 2:06 PM | | Comments (1)
        

Media bias and the campaign

MIDDAY WITH DAN RODRICKS

Listen live on WYPR 88.1 FM or online at wypr.org.  You can call during the show toll-free at 866-661-9309 or drop us an e-mail with brief comments or questions prior to the show at midday@wypr.org.

 

TODAY'S SECOND HOUR: 1:00-2:00 pm
Under the headline, 'Why John McCain is getting hosed in the press,' the co-founders of the Politico web site attempted yesterday to explain why the Republican candidate and his campaign have been the subject of so many negative stories in the media. . . . The explanations -- from press fascination with the intrigue and turmoil inside the McCain campaign to forces beyond the candidate's control, such as the economic crisis -- are complex and interesting. We'll discuss them in this hour of Midday with David Zurawik, media critic for the Sun and Z-on-TV blogger, and with Eric Boehlert; he's a writer and senior fellow at Media Matters for America, a Web-based non-profit that keeps an eye on press behavior and tries to correct what it calls conservative misinformation. We'll also look at how the media handled last week's McCain volunteer hoax and tonight's Obama infomercial

Posted by Dan Rodricks at 9:13 AM | | Comments (2)
        

Frank Kratovil on Midday

MIDDAY WITH DAN RODRICKS

Listen live on WYPR 88.1 FM or online at wypr.org.  You can call during the show toll-free at 866-661-9309 or drop us an e-mail with brief comments or questions prior to the show at midday@wypr.org.

 

Wednesday, October 29
Noon-1:00

Our guest in Studio A this hour is Queen Anne's County State's Attorney Frank Kratovil, the Democrat running for Maryland's First Congressional District seat against Republican Andy Harris. Harris will sit in the guest's chair Thursday at the same time. First District undecideds -- let's hear from you. You can call with a question during the show, or send us a question by e-mail in advance of the program any time this morning. Please keep your questions short and to the point, and send them directly to our producers at midday@wypr.org

1:00-2:00
Under the headline, 'Why John McCain is getting hosed in the press,' the co-founders of the Politico web site attempted yesterday to explain why the Republican candidate and his campaign have been the subject of so many negative stories in the media. . . . The explanations -- from press fascination with the intrigue and turmoil inside the McCain campaign to forces beyond the candidate's control, such as the economic crisis -- are complex and interesting. We'll discuss them in this hour of Midday with David Zurawik, media critic for the Sun and Z-on-TV blogger, and with Eric Boehlert. He's a writer and senior fellow at Media Matters for America, a Web-based non-profit that keeps an eye on press behavior and tries to correct what it calls conservative misinformation. . . . 

Listen live on WYPR 88.1 FM or online at wypr.org.  You can call during the show toll-free at 866-661-9309 or drop us an e-mail with brief comments prior to the show at midday@wypr.org.

 

Posted by Dan Rodricks at 7:05 AM | | Comments (0)
        

October 28, 2008

Getting people to the track

Joe, a reader in Westminster, Md., agreed with my assessment -- in today's column -- of the limited impact slots will have on attendance at Maryland race tracks.

I am a horseman, the non-racing kind now - but grew up on the sport in Kentucky.  Two weeks ago I returned to the Bluegrass to see my ailing mother.  While there I took time to visit Keeneland in Lexington, which was conducting its fall meet.  It was nice to be at probably the most beautiful track in America.  On a 'light' Wednesday there must have been at least 10-15K people there; all races except one had at least 10 horses; the crowd was well dressed and knowledgable and the overall ambiance exquisite. Having been to Del Mar and Saratoga, which are unique in themselves, I think Keeneland still is a step above.  What makes it a great meet?  The facility is gorgeous and well kept.  In the spring the dogwoods, forsythia and cherry trees bring unimaginable color.  The barn area is open to the public so you can wander down and chat with the trainers, grooms or whoever.  So isn't the track kitchen.  One time I was sitting alone having breakfast and someone asked if they could share my table and without looking up I said sure.  I looked over to see Jerry Bailey sitting down with me!  They don't need drawings or giveaways to attract the crowds.  If you love the game and have never been there, you just have to go once in your life. 
I think you hit it when you wrote that slots are brainless and those players would never step away to study the Racing Form.  I think that is a major reason the game is going by the wayside.  I really don't think people today have enough brain power to do serious handicapping.  . . .  What does it say of the American people that the biggest audience for TV sports is NASCAR?  Baseball is another cerebral sport suffering from lack of interest. 
Luckily for me, the Maryland and Virginia steeplechase scene is still a draw.  The crowds are small but most appreciative of the beauty and grace of the sport and the venues beautiful.
Posted by Dan Rodricks at 2:36 PM | | Comments (1)
        

Red states turning blue?

Listen live to MIDDAY

Is this the election where red starts turning blue? For more than a generation, Republican dominance in the South has remained largely uncontested. Our guest, Bob Moser, Nation contributor and author of Blue Dixie: Awakening the South’s Democratic Majority, argues that the Democratic Party has an historic opportunity in the 2008 elections to build a new generation-long, nationwide majority by tapping into changing demographics below the Mason-Dixon line. For a primer on how the Obama candidacy could be altering the American political map, effecting down-ballot voting and the makeup of the next Congress, tune in after the news from NPR at 1 p.m.

WYPR-FM, 88.1

Posted by Dan Rodricks at 11:02 AM | | Comments (0)
        

Beilenson on Midday

Tuesday, October 28
Noon-1:00

Dr. Peter L. Beilenson, Howard County's health officer and former Baltimore health commissioner, visits us in Studio A to talk about the just-launched Healthy Howard program, an effort to provide health care for an estimated 20,000 uninsured county residents. This program is hailed as the first of its kind in the country, a creative and collaborative approach to helping Howard Countians stay in good health. Enrollment in Healthy Howard will take place over the next several months, and the program will be watched carefully by those in public health care circles looking for ways to help Maryland's nearly 800,000 uninsired citizens. We'll find out how Healthy Howard works when Dr. Beilenson joins us . . .


1:00-2:00
For more than a generation, Republican dominance in the South has remained largely uncontested.  Our guest Bob Moser, author of Blue Dixie: Awakening the South's Democratic Majority, argues that the Democratic Party has a historic opportunity in the 2008 elections to build a new generation-long, nationwide majority by tapping into a growing base of left-leaning Americans living below the Mason-Dixon line.

Listen live on WYPR 88.1 FM or online at wypr.org.  You can call during the show toll-free at 866-661-9309 or drop us an e-mail with brief comments prior to the show at midday@wypr.org.

 

Posted by Dan Rodricks at 10:01 AM | | Comments (0)
        

$250,000 and 'unmet expectations'

Readers still have a lot to say about the election, Barack Obama's plan to raise taxes on the wealthiest Americans -- those households making more than $250,000 per year -- the record disparity gaps in income levels, the concentration of wealth among the upper classes over the last 30 years, and Republican complaints of "class warfare" every time it's mentioned. Here are two letters, both from women – Bev and Laura. Laura tries to explain the “unmet expectations” of those who make $250,000 or more, while Bev addresses the various, not-so-obvious benefits that come with being well-off in the United States. I appreciate Laura’s candor but still think the pain of “unmet expectations” is, like much of this discussion, relative to where you are in life. There are so many people who live far, far below the income level being discussed here that it’s impossible to take even qualified complaints from those at the top seriously. But we consider all, and thank our readers for the civilized discussion.

Laura:

My husband and I are in that "wealthy" category. And I have no problems with Obama's tax plans.  What's that saying? From him to whom much is given, much is expected?  I grew up poor, I'm damn lucky to be where I am now, and I have no problems paying it back.  Much as I hate the war and disagree with the bailout, someone still has to be the grownup and pay for it.  Better me than my secretary, who makes just a fraction of what I do -- or even worse, my kids.  

And yet, I don't feel "wealthy."  To me, wealthy means never having to work again -- of having enough money in the bank that I can pay the bills and have some fun and not worry.  And that's the key: the "not worry" bit, the knowing that we can survive whatever happens.  That's not us.  We are "high income," but we get that income from our two jobs.  Which means that we are dependent on those jobs continuing to exist, on our continuing to remain employed, on our continuing to bust our asses to keep that income coming in the door.  If we're really, really lucky, and work really, really hard, in another 20 years or so, we will be wealthy.  But there's a lot of "ifs" there.  And having already lived through multiple job losses and moves in the tech crash a decade ago, I know far too well that I can't take the next 20 years for granted.  

The other aspect is that, because of my income, I know I will have to pay for everything myself.  I went to college on scholarships and loans.  Because I was smart and poor and my mom knew how to work the system, I got a fair amount of scholarships and need-based aid.  But even taking out the maximum student loans, my debt for both college and law school was -- ta-dah! -- $9,500, which I was able to pay off in 2 years.  My kids, on the other hand, aren't eligible for aid (and, ummm, hello, they shouldn't be); if they borrowed their way through my old alma mater, they'd each end up owing $150K out of their own pockets.  That's not acceptable to me, so it's my responsibility to save up that $300K in the next 10-15 years -- if I want them to have the same opportunity I had.  

Same thing with social security: I don't rely on its being around, especially for folks at my income level (and frankly, I don't think it should be for folks at my income level) -- and even if it is, it will replace a much smaller percentage of income.  So again, it's up to me to put away a big chunk -- more than the 401(k) limits -- if I want to maintain my standard of living in retirement.  And pensions?  Yeah, right.  Sorry, no such luck -- it's all me and Mr. Market, which is oh-so reliable.  And God forbid one of us get sick. . . . 

I'm not bucking for sympathy -- please, even I don't have a lot of sympathy for myself.  But I just wanted to explain that I suspect the big negative reaction you're getting is due in part to the unmet expectations of the folks like me.  I make more money than I ever dreamed of when I was a kid -- but I feel far less "wealthy" than I expected to with even half that income.  Why?  Because to me, "wealth" meant safety and security, insulation from economic travails.  Wealth meant money in the bank -- not being tied to a paycheck, tied to an employer's whims, tied to how the economy performs.  Well, now I have the income -- but I'm more tied to those things than ever, because our two incomes make us twice as likely to get hit by the bad stuff.  We're lucky that a job loss would probably not mean losing the house, which already puts us ahead of a whole bunch of people.  But those savings, that future we're working so hard for for ourselves and the kids -- basically, everything I have been working for for the past 15 years -- would evaporate.  I watched that happen once already, not even 10 years ago.  I don't know how you can ever feel "wealthy" when you know how quickly everything you've worked to build can just go poof. 

It's funny, as a kid, I dreamed about all the cool stuff I could buy if I ever struck it rich.  I resented feeling ostracized at school because my mom couldn't afford $40 for an Izod shirt like everyone else was wearing; I hated always getting gifts that were "just as good" as what I really wanted (but weren't).  But now that I make a lot of money, I still shop at Target.  My husband drives a Hyundai, and we never have a car payment over $300.  We bought a house waaaay below what the bank said we could "afford."  We don't belong to the country club; we don't send our kids to private schools; we've never had a nanny (I wish!!), and a "summer home" is just sooo not in the cards it's laughable.  I clip coupons.  Oh, we don't hurt, don't get me wrong -- we took the kids skiing last winter, which was a big thrill for me (since that was one of those things that "our type" just didn't do as a kid).  And in the interest of full disclosure, I drive a TL (great deal, will drive it for 10 years, yadda yadda -- I can rationalize it all I want, but it's still fundamentally a nice car that feels very posh).  But the thing is, I don't have much of the trappings that I thought meant wealth.  Because I know how much my future self and my kids are counting on me to have that money around when they need it.  And I've seen how quickly it can all go away.  

Maybe it's because this is fairly recent for me; I've never struggled since I got out of school, but it's only in the past few years that our income increased close to 50%.  Maybe my expectations were unreasonable; my folks were both academics, so while they never made much at all, they at least had job security, and I took that for granted.  And maybe, when I was a kid, I saw only the bright, shiny outside of what "lifestyles of the rich and famous" looked like, and never noticed how fast their legs were churning underneath the water to maintain that illusion.  Maybe all of the above.  But be that as it may, I just cannot consider myself "wealthy" until I know that my family is safe and comfortable and protected.  I'll be wealthy when we can kiss our jobs goodbye any time we want and still be able to put our kids through college and pay for retirement.  But whatever you want to call it, and until I get there, I'll STILL agree with Warren Buffett: the privilege of a high income comes with a responsibility for paying more than others who have less. 

Bev:

The Republicans and the rich have obviously decided the best defense is a good offense, so they react with righteous indignation and raise the specter of "class warfare" or "socialism" whenever these subjects are brought up. 
 
Someone should point out that not only do our tax policies favor the rich, but people with higher incomes generally benefit more from our tax dollars than those with lower incomes.  A greater proportion of higher-income families send their children to colleges, which are subsidized by our tax dollars either directly (e.g., Maryland) or indirectly in the form of tax exemptions and subsidized student loans and scholarships.  All colleges, private and public, get some form of subsidy from the taxpayers.  In Maryland, the subsidy for private colleges is direct and based on number of students enrolled.  In some other states, it is indirect (e.g., tax exemptions, grants, student loans, etc.). 

Their private schools are also subsidized, in the sense that they are exempt from taxes and some receive federal and state grants.  People with higher incomes typically live in bigger houses, drive more cars, use more energy, and in general benefit more from our tax-supported infrastructure than poor people.  And just because people are in a higher tax bracket does not mean they necessarily pay more taxes than people with lower incomes.  They can take advantage of a multitude of loopholes that favor the rich. 
 
When your reader Mark states that after "taxes, mortgage, health insurance, cars, gas, college education, food" families making $250,000 are lucky to be able to save $5-10,000 a year,” he is simply saying their "comfortable" lifestyle costs a lot of money to maintain.  It's like saying you can't save money because your big SUV costs so much to run or your 4500 sq. ft. house is so expensive to heat and cool.  Your reader Terence complains that "we struggle to pay tuitions for three kids in private schools, save for their college years and save for our retirement."  Terence's expenses are an investment in the cultural capital that will ensure his children's future place among the materially "comfortable."  Why shouldn't these families pay their fair share of taxes?
 
McCain tries to frighten us all into thinking Obama's tax plan will have a disastrous impact on businesses, but neither McCain nor Obama has mentioned that most corporations pay no income taxes at all.  According to a recent report by the Government Accounting Office, two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, and about 68 percent of foreign companies doing business in the U.S. avoided corporate taxes for that period. 
 
These issues should be brought out in the open and discussed rationally, without being hampered by free-market mythology or "class warfare" rhetoric.

Posted by Dan Rodricks at 9:21 AM | | Comments (4)
        

Clergy reflect on political parable

As Republicans continue to try to portray Barack Obama as a share-the-wealth socialist because he wants to raise taxes on the wealthy --  a Florida anchorwoman asked Joe Biden to explain why Americans should not regard Obama as a "Marxist" -- the following parable has been appearing on blogs and as forwarded e-mails. (My Republican accountant friend Myron sent it to me.)
Today on my way to lunch I passed a homeless guy with a sign that read, 'Vote Obama, I need the money.' I laughed. Once in the restaurant, my server had on an "Obama 08" tie. Again I laughed as he had given away his political preference -- just imagine the coincidence. When the bill came, I decided not to tip the server and explained to him that I was exploring the Obama redistribution of wealth concept. He stood there in disbelief while I told him that I was going to redistribute his tip to someone who I deemed more in need -- the homeless guy outside. The server angrily stormed from my sight. I went outside, gave the homeless guy $10 and told him to thank the server inside as I've decided he could use the money more. The homeless guy was grateful.
At the end of my rather unscientific redistribution experiment I realized the homeless guy was grateful for the money he did not earn, but the waiter was pretty angry that I gave away the money he did earn even though the actual recipient deserved money more. I guess redistribution of wealth is an easier thing to swallow in concept than in practical application.

Some people think this story makes a great point, that it's right-on, spot-on, incredibly trenchant and amusing.
I think it's about a well-off guy who stiffs a waiter.
I think it's about a well-off guy who never planned to help a homeless person, and only does so to make a dubious political point.
First of all, all the yelping about "redistribution of wealth" and "spreading the wealth" -- the "class warfare" flag Republicans throw whenever some speaks of this or talks about income disparity in the United States -- it's all a whine by and for those who can afford
to pay more taxes under an Obama presidency. Those in the top bracket of income -- households making $250,000 or more per year -- would see a tax increase while those below that level wouldn't. Yes, progressive tax policy is about sharing the wealth -- those at the top pay more so those in the middle or below can pay less. A homeless guy would pay nothing, like many Americans who live in poverty, and get little back. (There are 25 million households at or below the government-set poverty line, according to the U.S. Census Bureau). Under Obama's tax plan, the waiter would not give up more; the waiter would get a break.
Since the story of the homeless man and the waiter had the sound of parable, I asked some of the clergy to read it and give me their thoughts.

Here are a couple:


Rev. Frank M. Reid III, Bethel AME Church, Baltimore:
In  Matthew 19:16-26, the writer of this gospel tells of Jesus' encounter with a rich young ruler. The young man is trying to prove how ood and spiritual he is -- just as the writer of the email is trying to prove/justify his position and intelligence.  After hearing all of his
rationalizations, Jesus tells him to sell all that he has and give it to the poor.  We are told that WHEN THE YOUNG MAN HEARD THAT SAYING, HE WENT AWAY SORROWFUL, FOR HE HAD GREAT POSSESSIONS.
My father told me that the test for the young man was not really giving away his wealth -- it was whether he was controlled by his wealth or whether he was in control.  Clearly the writer of this email is controlled by his wealth and will walk away from what is right
and even hurt other people to hold on to his possessions.
In the Hebrew Bible, the year of Jubilee is about what the e-mailer would call the redistribution of wealth.  When Jesus fed the five- and four-thousand, it was the redistribution of wealth. Or should we call it the sharing of wealth with those who are the least, the lost and the left out?
I am working on I message for the night before the election. The Scripture Reading and Focus will be on Matthew 25:31-46.  It is the story of the judgment of the nations. In the context of the Scripture the nations are judged based on whether they fed the hungry, provided for the thirsty, visited and made provision for the lonely and depressed, clothed the naked and showed compassion to those in prison.  The nations then asked the following:  LORD, WHEN DID WE SEE YOU HUNGRY OR THIRSTY OR A STRANGER OR NAKED OR SICK OR IN PRISON, AND DID NOT MINISTER TO YOU?  The answer is important: INASMUCH AS YOU DID NOT DO IT TO ONE OF THE LEAST OF THESE, YOU DID OR DID NOT DO IT TO ME.
The issue here is not whether the money should have been taken from the waiter and given to the homeless/hungry person outside.
The issue here is why the rich ruler in the email didn't have the compassion to help both?  It says more about him than it does about Obama and his so-called socialism.


The Rev. Joseph H. Muth, St. Matthew parish, Baltimore:
I think the story could be about the homeless guy or the restaurant server, but I think it is really about the guy who has the "luxury" of deciding who he is going to help and why. 
The homeless man's situation is based on need and the
restaurant server is based on whether he did a good job serving.  Because of
the different situations, I think it's a matter of being fair to the server
and being generous to the homeless man -- not pitting them against each other
to make a point. What's that about?
As far as parables are concerned I can think of the story of the rich man
and the poor man Lazarus (Luke 16: 19-31) who laid by the rich man's door
each day.  The rich man never harmed Lazarus, he just ignored him.  So is it
better to ignore the poor or treat them as a pawn in a political game?  What
a question!
At the end of this parable, the rich man and Lazarus both died and
there was a great chasm between them.  Lazarus 'was carried by the angels to
the bosom of Abraham,' and the rich man was in 'the abode of the dead where
he was in torment.'  It's a beautiful story, but it is a long time to wait for justice.
In Luke 12:15 it says, 'Avoid greed in all its forms.  A man may be
wealthy, but his possessions do not guarantee him life.'  I think this means
life here and hereafter.
Matthew 19:23 says, 'How difficult it is for a rich man to enter into the kingdom
of God. It is easier for a camel to pass through a needle's eye . . . '  I
understand that one of the gates to pass through to get into Jerusalem was
very small and this particular gate was referred to as the needle's eye.
Merchants would have to unload everything off of their camels to try and get
through this gate.  Jesus used this as a metaphor for the Kingdom of God and
what we may have to let go of to get through it.

Posted by Dan Rodricks at 7:45 AM | | Comments (8)
        

October 27, 2008

Hancock on Midday

Today on MIDDAY: Monday, October 27

Listen live on WYPR 88.1 FM or online at wypr.org.  You can call during the show toll-free at 410-662-8780 or 866-661-9309 or drop us an e-mail with brief comments prior to the show at midday@wypr.org.

1:00-2:00 pm
Could Constellation Energy shareholders reject Warren Buffett, retake control of their company and keep its Fortune 500 corporate headquarters in Baltimore? It wouldn't be easy at this point, but it wouldn't be impossible, either. We'll talk about the status of the Constellation Energy-Buffett merger, along with the other major business and economic news, with Jay Hancock, columnist and blogger for the Sun, and Ken Solow, chief investment officer and founding partner in Pinnacle Advisory Group. Jay and Ken will address the most frequently asked FAQ: When will stock prices stop going down? Drawing a bead on the bottom . . ..

Listen live on WYPR 88.1 FM or online at wypr.org.  You can call during the show toll-free at 410-662-8780 or 866-661-9309, or drop us an e-mail with brief comments prior to the show at midday@wypr.org.

Posted by Dan Rodricks at 10:47 AM | | Comments (0)
        

Obama and unions

Today on MIDDAY: Monday, October 27

Listen live on WYPR 88.1 FM or online at wypr.org.  You can call during the show toll-free at 410-662-8780 or 866-661-9309 or drop us an e-mail with brief comments prior to the show at midday@wypr.org.


Noon-1:00 pm
Today on the show, hear the story of how 900 poor, black women at a catfish plant in anti-union Mississippi organized and won better wages and working conditions from their all-white bosses. It's a case study in how unions can gain traction again after decades of declining membership. In his book State of the Unions, veteran labor reporter Phil Dine argues that, given current conditions, organized labor should be as relevant as ever. He suggests how unions can revitalize themselves to meet the challenges that working people face in the 21st Century. We'll look at legislation that would make it easier for workers to organize, and whether an Obama presidency will mean a resurgence of unionized workers in the United States.

1:00-2:00 pm
Could Constellation Energy shareholders reject Warren Buffett, retake control of their company and keep its Fortune 500 corporate headquarters in Baltimore? It wouldn't be easy at this point, but it wouldn't be impossible, either. We'll talk about the status of the Constellation Energy-Buffett merger, along with the other major business and economic news, with Jay Hancock, columnist and blogger for the Sun, and Ken Solow, chief investment officer and founding partner in Pinnacle Advisory Group. Jay and Ken will address the most frequently asked FAQ: When will stock prices stop going down? Drawing a bead on the bottom . . ..

Listen live on WYPR 88.1 FM or online at wypr.org.  You can call during the show toll-free at 410-662-8780 or 866-661-9309, or drop us an e-mail with brief comments prior to the show at midday@wypr.org.

 

Posted by Dan Rodricks at 8:55 AM | | Comments (0)
        

That 'Oz' moment was real

I wasn't dreaming about that magnificant field of sunflowers in northern Baltimore County last month -- the one so bright and endless and surreal it looked like it could have led to Oz. A reader named Peggy MacKenzie saw it, too:

"My husband came home from one of his early morning weekend drives in the country to get me (and the camera) for something I just had to see but he wouldn’t tell me what it was. He wanted my first reaction and oh my, what a sight it was! To come across acres of thousands of sunflowers all at their most perfect peak, leaning into glorious sunshine, literally took our breath away! It was one of those absolutely gorgeous perfect days, crystal clear with the most brilliant sun shining on what seemed to be endless rows! We were awed by the sight of something so magnificent and so unexpected. . . .  We buy produce from a farmer who lives near there and we asked him about it. He told us that the man who grows them does it to sell the sunflower seeds. The location is just off of Gibson Road which is off of Old York Rd. If you take I-83, it is the next exit after exit 33, which I believe is exit 36, Old York Road. He said he only started to do it recently so let’s hope he plants them again next year!"

Posted by Dan Rodricks at 6:31 AM | | Comments (0)
        

'If your mother says she loves ya . . .'

Fred Turner, the first city editor I ever worked for, way back in 1973, when I was a cub, said, "Remember kid -- if your mother says she loves ya, check it out."

Did anybody ever tell John Moody, the executive vice-president of Fox News? Maybe so, or maybe he forgot the lesson. Last Thursday, when the I-was-attacked-by-a-big-black-man story came from a 20-year-old McCain volunteer in western Pennsylvania, Moody wrote on the Fox Forum that evening that the attack had the potential of being a "watershed event in the 11 days before the election."

"Part of the appeal of, and the unspoken tension behind, Senator Obama’s campaign is his transformational status as the first African-American to win a major party’s presidential nomination. That does not mean that he has erased the mutual distrust between black and white Americans, and this incident could become a watershed event in the 11 days before the election."

A little hyperbole there, ya think? It's one thing for ridiculous right-wing bloggers to have jumped all over this; they're eager for the final days of the campaign to turn rancorous, ugly and racial. Maybe the executive vice-president of a media organization that seeks to be considered credible should have waited another news cycle before making even a speculative judgement like that.

And, according to the Pittsburgh Post-Gazette, the Republican candidates got in on this, too:

"The day after the purported attack, both Sen. John McCain and Gov. Sarah Palin called Ms. Todd, offering words of comfort," the newspaper reported Saturday. "Yesterday, McCain-Palin campaign spokesman Peter Feldman issued a statement: 'This is a sad situation. We hope she gets the help she needs.'"

Turns out the story was a hoax. Any armchair Kojak could have looked at the facts as reported to police in Pittsburgh last Wednesday night and advised a little caution in what was said about the incident, particularly given its racial overtones and its timing. It didn't take long before the alleged victim admitted she made the whole thing up. Now she's charged with filing a false report.

Moody probably regrets even addressing the incident on the Fox Forum web site. Then again, this is Fox we're talking about, a cable "news" operation that just hasn't set the bar very high for veracity and objectivity. I'm not sure that "caution" or "careful" are words heard at story conferences in any television news operation, local or national, and least of all at one with the right-wing bias of Fox. The McCain volunteer story had all the makings of a hot, juicy, racially-charged story. In terms of its sensationalist aspect, it was too "good" to be true -- -- exactly the reason to wait to see if it was true. 

Moody went a little further with his comment on this caper:

"If [the victim's] allegations are proven accurate, some voters may revisit their support for Senator  Obama, not because they are racists (with due respect to Rep. John Murtha), but because they suddenly feel they do not know enough about the Democratic nominee.

"If the incident turns out to be a hoax, Senator McCain’s quest for the presidency is over, forever linked to race-baiting."

All of this sounds a little over-the-proverbial-top to me -- both the part about the attack being a "watershed event" and about McCain's campaign being linked to race-baiting. It's always good advice to wait a decent interval before characterizing anything as a "watershed event." That's a newspaper sensibility and standard. But in the age of all-news-all-the-time TV and the blogosphere, there's the pressure to rush pronouncements or make fierce assertions. Fox and Moody played that game and got burned with a backwards B.

 

Posted by Dan Rodricks at 5:47 AM | | Comments (5)
        

October 26, 2008

Baltimore, Ireland: A question

Attention, people of the Emerald Isle: A question remains. The answer would be aoppreciated, and so would a photograph:

Is it true that a statue of the First Lord Baltimore (George Calvert), presented to Baltimore, Ireland by the former mayor of Baltimore, Maryland (William Donald Schaefer) stands out in some farmer's field there, surrounded by sheep, all but abandoned, and regarded as something of a joke? Once upon a time I had a photograph of the thing and was told that the Irish in your Baltimore never appreciated the gift, Calvert symbolizing the oppressive past when British lords ruled the isle. Is it so?

Please, let us know.

Posted by Dan Rodricks at 6:51 AM | | Comments (0)
        

October 23, 2008

A CPA raises his hand

Russ Coburn, a certified public accountant, adds this to our ongoing discussion of wealth, taxes, disparity in income levels and the current mess:

"I ran an accounting business in Maryland for 20 years; I subsequently sold it and operated as a Controller/CFO for several years until last year when I retired.  I probably am someone who benefited from the policies you described.
 
Consider the following:
 
1.  America has been shipping its jobs overseas for decades under the banner of free trade;
    at the same time we do not have the same rule book for those shipping to us; America should be Insisting that our trade partners use the same rules they apply to us, or Vice-versa;
 
2. One impact of free trade is to ship jobs overseas and switch America from a nation that produces physical products to one that consumes others products. It is done under the banner of upgrading our work forces skills. Problem is that those jobs were out-sourced or immigration encouraged to stop the price mechanism from working here. As more was out-sourced or imported, our employees' pay scales were kept lower, thereby reducing the incentive to train new and better employees;
 
3. Since we do not produce what we consume, it will be very difficult in a bad recession to recover, because our people will not be able to obtain jobs upon which to start a true recovery.
 
4. Since our debt is so high, it will be very difficult for us to maintain our independence as a nation, and ultimately our pre-eminence in the world, if we have not already lost it.
 
5. I do not hear anyone talking about the underlying foundation upon which a recovery is to be built.  Why isn't this discussed more by our political leaders?
 
The trickle-down theory does not work; nor has anyone produced proof that it does.  Also, traditional economics suggests that incomes are taxed in good times to offset the deficit spending in bad times.
 
As a nation, we have spent more than we have in both and have been reluctant to ask anyone to pay for it, poor or rich. It seems to me that some of the spending such as defense should be weighted to the people that benefit more from it. Those with more to lose, should pay more.  If so, then they would have a greater interest in whether to spend their treasure on it.

Posted by Dan Rodricks at 1:02 PM | | Comments (4)
        

Lynn Redgrave on Midday

MIDDAY TODAY

Listen live on WYPR 88.1 FM or on line at wypr.org.  You can call during the show toll-free at 866-661-9309 or drop us an e-mail with brief comments prior to the show at midday@wypr.org.

Thursday, October 23
1:00-2:00 pm
A member of one of the worlds great acting dynasties, Lynn Redgrave has appeared in films - from Tom Jones and Georgy Girl to Shine and Gods and Monsters - and Broadway plays. Lynn Redgrave was diagnosed with breast cancer in 2002 and underwent treatment for it without missing a performance or a day of filming. She and her daughter, Annabel Clark, join us to discuss Journal - A Mother and Daughter's Recovery from Breast Cancer, detailing her journey through diagnosis, treatment and recovery as seen through her daughter's photographic lens. The are both here for the Baltimore Women's Film Festival.

The BWFF 2008 is pleased to announce, among its festival-related events, a special book signing and sushi reception with acclaimed actress, playwright and breast cancer survivor Lynn Redgrave, and her daughter, photographer Annabel Clark.   The book signing and reception will take place after the screening at RA Sushi, 1390 Lancaster Street on Friday, October 24th.

The book signing/ sushi reception will follow immediately after the World Premiere screening of the film “Beyond Breast Cancer:  Stories of Survivors.”  “Beyond Breast Cancer”, which starts at 2 PM and runs 63 minutes long at Landmark’s Harbor East, highlights the experiences of nine courageous women who survive breast cancer - only to discover that their health struggles continue even after their cancer treatment ends.  This film, directed by Vivian Umino and produced by Saskia Karen Subramanian, was funded by the Susan G. Komen Foundation.

All those who attend the “Beyond Breast Cancer” film screening will, in addition to our VIP pass holders, be welcome to attend the sushi reception and book signing with Redgrave and Clark at RA Sushi after the film.   At the reception, both Redgrave and Clark will be available to sign copies of their collaborative work, “Journal:  A Mother and Daughter’s Recovery from Breast Cancer,” which narrates—through photos and print—their shared battle with Redgrave’s breast cancer, chemotherapy treatments, surgery, and beyond.  The reception is generously sponsored by RA Sushi, which will provide both delicious food and drinks gratis, from 3:30 to 4:30, to our guests.    

“Journal:  A Mother and Daughter’s Recovery from Breast Cancer” uniquely illuminates their story through thirty-seven intimate photographs which Clark took, along with Redgrave’s journal entries about her experience.   Redgrave, an avid diarist since the age of five, is perhaps better known as a highly acclaimed actress and film star from a world-famous family of actors (Redgrave, along with sister Vanessa and brother Corin, descend from five generations of celebrated thespians).  Redgrave’s film and stage credits include two Golden Globes, an Oscar nomination, two Tony nominations, an Outer Critics Circle Award, and an Obie.  Also an accomplished playwright, she has authored the plays “Shakespeare for My Father,” “The Mandrake Root” and “Nightingale.”    

Tickets for “Beyond Breast Cancer: Stories of Survivors,” like all films in the festival, are only $10 and may be purchased at the BWFF website (www.bwfilmfestival.com) or at the festival box office at Landmark-Harbor East Cinema.  VIP passes, which provide entry to twenty screenings throughout the festival and entry to special receptions and events including this one, are $80 and may also be purchased at the BWFF website or the festival box office at Landmark-Harbor East.

Posted by Dan Rodricks at 10:40 AM | | Comments (0)
        

Persuading co-workers

A pro-Obama reader named Ed, who works in distribution management, says this is the argument he gives coworkers who have been supporting John McCain:

"I’ve been trying a more pragmatic approach with the McCain crowd and have had some success.  Maybe this is too simple but it’s based on the following assumptions:
1.  John McCain is a self-proclaimed maverick, an agent for change.
2.  The financial crisis will prohibit the next president from making any important change for the next two years while the economy is in rehab.
3.  McCain’s age or health might prevent him from even seeking a second term, and then there's Sarah Palin. 
4.  Eventually, McCain won't be able to get anything done anyway, with a Democratic Congress.
5.  All things considered, he's an impractical choice for any voter at this time."

Posted by Dan Rodricks at 9:38 AM | | Comments (4)
        

$31K-a-year guy heard from

Here's this morning's mail -- from Dave The $31K-A-Year Guy:

I have no sympathy for people making over say $100,000/yearly, as I make $31,000/yearly (of which after tax I take home $410/weekly). I've been very lucky with a home I inherited. I go on vacations, which I must plan and save for months each year to do. I suspect many households making that $100,000 figure have husband and wife working to do that. I am lucky, as I said, my dad retired and was proud the last years he worked -- he made $25,000. Of course, that was with an average of 10-20 hours overtime weekly, and my mother never worked. They raised 3 kids well. Americans want, want, want is our problem. I'm an optimist, too. Many younger people making good salaries now have the same instincts my family seems to have had. I think they'll do well. But unfortunately they are bombarded with details of how bad they are doing and how rough things are. I do blame the wealthy for our current recession. I believe W and his peers are out of touch with people like me and you. I wish more people would realize they are not as bad off as they think . . . Thanks for listening.

Posted by Dan Rodricks at 9:24 AM | | Comments (9)
        

Marylanders ready for slots

MIDDAY TODAY

Listen live on WYPR 88.1 FM or on line at wypr.org.  You can call during the show toll-free at 866-661-9309 or drop us an e-mail with brief comments prior to the show at midday@wypr.org.

Thursday, October 23
Noon-1:00
By now, you probably know it simply as "Question 2", and in twelve days Marylanders will vote on the measure, aimed at legalizing 15,000 slot machines across the state. The latest Washington Post poll indicates that, with the gloomy national picture and the state's budget shortfalls, economic concerns now outweigh any misgivings in voters' mind about social problems slots may bring here.  We'll look at whether and how slot machine gambling has paid out for Pennsylvania with Tom Barnes, State Capital Bureau Chief for the Pittsburgh Post-Gazette.  We'll also examine how slots affect local economies with William Eadington, Professor of Economics and Director of the Institute for the Study of Gambling and Commercial Gaming at the University of Nevada, Reno.

1:00-2:00
A member of one of the worlds great acting dynasties, Lynn Redgrave has appeared in films - from Tom Jones and Georgy Girl to Shine and Gods and Monsters - and Broadway plays. Lynn Redgrave was diagnosed with breast cancer in 2002 and underwent treatment for it without missing a performance or a day of filming. She and her daughter, Annabel Clark, join us to discuss Journal - A Mother and Daughter's Recovery from Breast Cancer, detailing her journey through breast cancer as seen through her daughter's photographic lens. The are both here for the Baltimore Women's Film Festival.

The BWFF 2008 is pleased to announce, among its festival-related events, a special book signing and sushi reception with acclaimed actress, playwright and breast cancer survivor Lynn Redgrave, and her daughter, photographer Annabel Clark.   The book signing and reception will take place after the screening at RA Sushi, 1390 Lancaster Street on Friday, October 24th.

The book signing/ sushi reception will follow immediately after the World Premiere screening of the film “Beyond Breast Cancer:  Stories of Survivors.”  “Beyond Breast Cancer”, which starts at 2 PM and runs 63 minutes long at Landmark’s Harbor East, highlights the experiences of nine courageous women who survive breast cancer - only to discover that their health struggles continue even after their cancer treatment ends.  This film, directed by Vivian Umino and produced by Saskia Karen Subramanian, was funded by the Susan G. Komen Foundation.

All those who attend the “Beyond Breast Cancer” film screening will, in addition to our VIP pass holders, be welcome to attend the sushi reception and book signing with Redgrave and Clark at RA Sushi after the film.   At the reception, both Redgrave and Clark will be available to sign copies of their collaborative work, “Journal:  A Mother and Daughter’s Recovery from Breast Cancer,” which narrates—through photos and print—their shared battle with Redgrave’s breast cancer, chemotherapy treatments, surgery, and beyond.  The reception is generously sponsored by RA Sushi, which will provide both delicious food and drinks gratis, from 3:30 to 4:30, to our guests.    

“Journal:  A Mother and Daughter’s Recovery from Breast Cancer” uniquely illuminates their story through thirty-seven intimate photographs which Clark took, along with Redgrave’s journal entries about her experience.   Redgrave, an avid diarist since the age of five, is perhaps better known as a highly acclaimed actress and film star from a world-famous family of actors (Redgrave, along with sister Vanessa and brother Corin, descend from five generations of celebrated thespians).  Redgrave’s film and stage credits include two Golden Globes, an Oscar nomination, two Tony nominations, an Outer Critics Circle Award, and an Obie.  Also an accomplished playwright, she has authored the plays “Shakespeare for My Father,” “The Mandrake Root” and “Nightingale.”    

Copies of Redgrave’s and Clark’s “Journal:  A Mother and Daughter’s Recovery from Breast Cancer” may be purchased in advance by October 16th at the BWFF website.  Direct purchase link is here:
http://www.bwfilmfestival.com/8.html.  

If you purchase the book in advance, we will have it waiting for you, under your name at the signing!

Tickets for “Beyond Breast Cancer: Stories of Survivors,” like all films in the festival, are only $10 and may be purchased at the BWFF website (www.bwfilmfestival.com) or at the festival box office at Landmark-Harbor East Cinema.  VIP passes, which provide entry to twenty screenings throughout the festival and entry to special receptions and events including this one, are $80 and may also be purchased at the BWFF website or the festival box office at Landmark-Harbor East.


Posted by Dan Rodricks at 9:17 AM | | Comments (0)
        

Debt devours income 'progress'

Some readers of this blog and my column argue that the ever-widening gap in income levels in the United States is not a big deal -- in fact, they say, raising it constitutes a kind of phony populism that only serves as a divisive argument at a time when the nation needs unity. They also say that the disparity is not the result of Republican administration tax cuts (Reagan and, 20 years later, again with Bush) but of other factors, including stagnant wages. They also say, essentially, that life for the middle class and lower is not so bad because families are smaller and all Americans have enjoyed periods of prosperity during the last 30 years, even as the income gap between the top and bottom widened significantly. 

"The increasing gap between rich and poor is a function of the dynamism of the US economy," wrote John Sandstrom of Phoenix, Maryland. "Low-skilled high-paying work is disappearing with jobs moving out of the country and those jobs remaining requiring training and education which translates into higher pay. Furthermore, the allegation that somehow the standard of living and income of the middle class has stagnated is likewise wholly incorrect and easily disproved with readily available statistics.  Family income is confused with individual income.  Largely because of prosperity, family size had gotten smaller and therefore family income has reduced or remained the same.  Consumption levels are the easiest way of determining increases in standard of living.  It has increased 74% from 1980 to 2004."  

Mr. Sandstrom cites the conservative columnist Thomas Sowell to support his take on this.

But, given the result of the last 30 years of tax policy and economic trends, and the disparity of the last decade alone -- a 9.1 percent growth in income for the top 20 percent, a 1.3 percent growth for the middle quintile and a loss of 2.5 percent for the bottom -- it's hard to agree that "prosperity" has been for all. Any such prosperity has been financed. Middle- and low-income families have gone into increasing levels of debt to get by.

People who know a lot more about this than Thomas Sowell or I do agree.
 John Campagna, of Benchmark Asset Managers in Baltimore, is convinced income disparity does make a difference and needs to be addressed.
"We have been tracking much of the [economic] crisis at a deeper level to understand what is needed in order to correct things and get us back on track investment-wise and as a country," he says. "If you are making over $250,000 you probably have not been borrowing as consistently as most Americans have who earn less, but it is not really even a debate about who is rich and who is not.  The debate should focus on what as a country should we do to give more income to the majority of people who have lack any income growth for 20 to 30 years, and in turn help our economy."

Campagna provided a good description of what the income gap has caused for the last 20 to 30 years, and how it directly contributes to the current crisis -- from the October newsletter of GMO. That's Grantham Mayo Van Otterloo, an investor whose chairman, Jeremy Grantham, is a widely respected investment manager with about $150 billion. He is an investor bear and was among those who predicted the collapse of financial institutions, hedge funds and some private equity firms. 

Here's an excerpt from his October newsletter that addresses household income and "illusory wealth" in the American mainstream:

 “The global economy is likely to show the scars of this crisis for several years. In particular, the illusion of wealth created by over-inflated asset prices has been dramatically reduced and, though most of this effect is behind us, a substantial part of the housing decline in some European countries and the U.S. is still to occur.

"We were all spending and, in the case of the U.S., importing as if we were much richer than is in fact the case. Particularly here in the U.S., increasing household debt temporarily masked some of the pain from little or no increase in real hourly wages for 20 to 30 years. Household debt since 1982 has added over 1% a year to consumer spending. Unfortunately, this net benefit does not go on forever.

"In the first year in which you borrow 1% of your income, the interest payment barely makes a dent and your spending is close to 101% of your disposable income. But each year you borrow an incremental 1%, your interest load grows. After 15 years or so in a world of an average 7% interest rate, the interest on the accumulating debt fully offsets the new borrowing when one looks at consumers collectively.
"Well, we in the U.S. are closer to a model of 30 years of borrowing an incremental 1%, meaning that we passed through break-even years ago and now pay much more in interest than we borrow incrementally.
"This is a situation favorable to an overfed financial structure as long as everyone can and will pay their interest, but it is no longer beneficial to aggregate consumption compared with the good old-fashioned way of waiting until you had actually saved up to buy a TV set. Indeed, a visitor from Mars examining two countries, one with accumulated consumer debt of 1.5 times GDP and the other with zero, would notice no difference except for the reduced number of consumer lending outlets.
"This generally unfavorable picture gets worse when you consider that we are likely to have, for the next 10 years or so, a modest annual reduction in personal debt of, say, 0.5% of gross income per year as well as a continued interest payment. So the debt accumulation effect reverses as does the illusion of the wealth effect from overpriced stocks and housing, especially the illusion of a decent accumulated pension. As we said two years ago (embroidering on Buffett), when the tide of overpriced assets goes out, it will be revealed not only who is not wearing swimming shorts, but also who has a small pension! Our silly joke has become a sick one in just two years.
"This reversal of the illusory wealth effect added to deleveraging will be felt worldwide, but especially in the so-called Anglo-Saxon countries, and will be a permanently depressing feature of the next decade or so compared with the last decade. It is indeed the end of an era.”

Posted by Dan Rodricks at 7:07 AM | | Comments (2)
        

Even more on wealth and taxes

Bob for a flat tax:
As a product of a Jesuit education, I learned a lot about fairness, equity and justice. Although I suspect that my high school teachers and college professors would be appalled by the manner in which I apply those concepts to taxes, I reach the following conclusions:
Fairness would dictate that, since our government is supposed to benefit all Americans, all of us should pay the same tax, a true flat tax. Although that would be "fair", many (myself included) would argue that such an arrangement would not be "equitable."
Equity would suggest that each of us should pay the same tax rate, so that if A earns 10 times what B earns A would pay 10 times the amount of tax that B does. But would that be "just"? Simply because A can afford to pay more in taxes than B does not mean that A should. A doesn't get 10 times the benefit from our government than B does.
Justice then, in my view, requires a graduated tax rate, not like the one that we have in place but a declining rate at different breakpoints. If I were constructing a tax system, I would do it like this:
1. No one pays Federal income taxes (including income, FICA and Medicare taxes) on income up to the "poverty line" to be determined by Congress at the beginning of each term. If you earn less than the "poverty line" for your family size, you would pay no Federal income taxes; and if you earn $100,000 or $1,000,000, you would pay no Federal income taxes on the amount of earnings below the "poverty line" for your family size.
2. Everyone who pays Federal income taxes pays those taxes at a flat rate to be set by Congress at the beginning of each term and most deductions (e.g. charitable contributions and mortgage interest payments) would be eliminated.
3. The flat rate would apply to all income (excluding income below the "poverty line") up to $2,000,000. The next $2,000,000 would be taxed at 80% of the established flat rate; the next $2,000,000 would be taxed at 60% of the established flat rate; the next $2,000,000 would be taxed at 40% of the established flat rate; and all income above $8,000,000 would be taxed at 20% of the established flat rate.
Under such a system, we should be able to avoid "class warfare" not only in speeches but also in fact. We would also achieve a "just" income tax system.

Dave says the Founding Fathers weren't much for "fairness"
"It won't take you long to figure out that I'm a conservative, but if you'll take a moment to read my email I would appreciate a genuine dialog on the tax issue . . . I'm not an economist, not a politician, nor anything resembling a financial expert. I'm simply a person who has owned and operated a small business for the last 20 years. My business has been through great times and very difficult times. Over the years I've employed anywhere from 5 to 60 employees. Like most any small business, during these twenty years I have always had to have my personal assets (home, savings, etc.) guarantee any loans, lines of credit, or other financing my business has needed. There have been difficult times when I was very close to losing most all my personal assets. There have been plenty of months where I've taken little or no salary with the promise that things would turn around soon. I risked it all because one, I had a lot of people working for me that depended on my business for their livelihood, and two, I looked forward to the potential reward should I make it through the hard times and succeed. Without the potential of a worthwhile reward most small business owners would have little incentive to take such risks.
Your article promotes idea of "fairness" --after all, even Warren Buffet doesn't see anything wrong with that -- of course he's in a wealth class all to himself! But who will be the arbiters of "fairness"? You...the government...Buffet? Our founding fathers did not seem to consider "fairness" to be core principal by which to govern the country. Rather, they considered life and liberty to be of utmost importance. To quote someone I heard the other day, "the purpose of our tax system should be to dole out fairness."
You spent a good deal of your article asserting why someone who makes $250k or more a year is wealthy. A discussion about taxes should not be about how much money someone needs to make to be called wealthy, but rather what tax system is best for our country. I decide this by answering the following questions:
What tax system best promotes life, liberty, individual responsibility, and the desire to pursue a better quality of life?
What tax system best incentives a person to take risks to create and grow a business, and thus create jobs?
Will the government spend the money it takes from me in taxes more wisely than I will spend it myself? To put it another way, will the government get more value for each dollar of mine than I will?
...I know there are more questions but I can't think of any at the moment!
When I've made a lot of money...I've also given a lot of money to people in need and causes that I choose to support--where are the "pro-choice" voices on this issue? I hate the thought of a bunch of bureaucrats taking my money...wasting a lot of it on "red tape"...spending a bunch on programs I probably don't support...and finally spending what's left on things that are actually necessary for the defense and government of our country.
I believe in helping those less fortunate than myself, and I believe our government should provide a safety net for those who are in great need for the basics of living. However, while I'm firmly pro-life on the abortion issue, I'm also firmly pro-choice on letting individual Americans ("wealthy" or not) decide what to do with more of their hard earned money.

Marty on the problem with American voters:
In relation to yesterday's column, I like what a letter-writer named Dan had to say in yesterday's newspaper: "When Dan the plumber looks in the mirror, he sees Dan the plumber. When Joe the plumber looks in the mirror ... he apparently sees some version of Warren E. Buffett." Therein lies the problem with many American voters. They vote for politicians and policies that are destructive to their own interests because they somehow identify with the rich, who mostly only have contempt for them."

Posted by Dan Rodricks at 5:18 AM | | Comments (0)
        

October 22, 2008

Race and The Race

THE MIDDAY SHOW

Listen live on WYPR 88.1 FM or online at wypr.org.  You can call during the show toll-free at 866-661-9309 or drop us an e-mail with brief comments prior to the show at midday@wypr.org.

Wednesday, October 22
Noon-1:00 pm

The presidential candidacy of Senator Barack Obama has, inevitably, prompted discussions on the issue of race in American politics and culture. Conservative talk-radio host Rush Limbaugh says Colin Powell, the former U.S. secretary of state, Joint Chiefs of Staff chairman and national security adviser, endorsed Obama simply because he is black. Powell dismisses that assertion and gives numerous other reasons for his endorsement. But will race be a factor in the November election, or is the nation finally moving past that consideration? We'll have a talk about how it factors into the election with one of the most eloquent and thoughtful men we know, the Rev. Frank M. Reid III, pastor of Bethel AME Church in Baltimore. We'll also talk about the church's attitude toward the slot machine gambling proposal in Maryland.

 

 

Related to this is the next photograph. It's an "after photo." I'd show you the "before" photo, but it contains one of the worst words in human language and I avoid using it. Let's just say that, on a road in Harford County two weeks ago, someone spray-painted a racist statement against Barack Obama, in front of a home with an Obama lawn sign. This was near recreation fields in Fallston, Maryland. The man who sent me this photo lives near there and listens regularly to Midday. He saw the racist grafitti, reported it to local law enforcement, then returned to the scene and used his own can of spray paint to doctor the words on the pavement. High-fives to him for doing so. He asked that neither his name nor his address be published here. "I was not going to let one more school bus go by this sad display of ignorant hate," he explained. "So, with the permission of the sheriff's office, I fixed it with a little spray paint. I used someone's ignorant hate speech to say something better. Like Obama said at a recent rally about character attacks on McCain: 'We don't need that.'"

Posted by Dan Rodricks at 10:12 AM | | Comments (2)
        

Readers on wealth and taxes

Readers have a lot to say about the election, Barack Obama's plan to raise taxes on the wealthiest Americans -- those households making more than $250,000 per year -- the record disparity gaps in income levels, the concentration of wealth among the upper classes over the last 30 years, and Republican complaints of "class warfare" every time it's mentioned. Thanks to everyone who reacted to recent columns on this subject; the civil feedback -- lacking profanity and invectiveness -- is very much appreciated. (For those who complain about the cost of government, the reason we pay federal taxes, just one thing: Welfare, as we knew it, is pretty much gone, never was a big part of the federal budget and not the reason why taxes are so high. The big-ticket items are Social Security, Medicare and Medicaid, and then defense-related spending, now estimated at close to a trillion a year.)


Nancy owns a company:
I read, shaking my head, the comments about who is wealthy. My grandfather was a German immigrant who lost everything after 1929.  My father was born in 1920 and passed along his values to me.  I took over his precast concrete business and I work very hard for what I earn, especially now.  I can still hear my father say that he never minded paying taxes; it meant he made money that year. Can you imagine how wealthy this country would be if everyone thought that way?  He took the advice of accountants and tax planners, but he always paid his share."


Jeffrey is an executive at a big bank, supports sales tax
"Who the wealthy are, and whether they should pay more taxes is irrelevant until they actually pay the share they are supposed to now. I am constantly reminded of the scene in Cheers where Sam beats millionaire Robin in a game of chess for their respective salaries. Robin pays Sam his annual salary, one penny. The point here is that most if not all high level executives receive a lot of their pay in stock options or other perks, like $400,000 retreats, that is not taxed at the top bracket, if at all. McCain (whom I am leaning towards) foolishly wants to eliminate capital gains taxes, essentially giving these same execs a tax holiday. The uber wealthy have abusive tax trusts, or hide their money and income out of the country, and don't pay taxes either. Many corporations do the same thing. The middle and lower classes comprised of mostly honest, hardworking, tax paying citizens cannot take "advantage" of all of this and pays their full "due" of taxes. Some unfortunate souls get caught by AMT and really hammered by taxes.
"The crux of the problem is that the tax code is so Byzantine and convoluted and full of loopholes, that the upper class is either taking advantage of directly or using sleazy accountants to do it for them. There needs to be a fair and reasonable way to apportion taxes and make sure that everyone pays them, before we even begin to discuss who should pay more or less. Again, we in the US are arguing over Band-Aids rather then fixing the problem. Of course, keep in mind that the majority of tax scofflaws work in the White House or Congress, so I guess its no surprise that none of them want to actually fix it. Its better to pander to the voters. But really, we are all being screwed.
"I personally support a national sales tax. It hits everyone equally and captures income from illegal sources as well (drug dealers would pay taxes on their Escalades). There are no special breaks for any group and it is applied equally across class, gender, and race. You would continue to exempt non-prepared foods, some services, and perhaps children’s clothing to avoid it being regressive. But it would reward savers and wise spenders and capture additional income on large luxury items. It would also prevent anyone from dodging paying taxes."

Penny is wise
"After hard work through college and some beyond we are fortunate, very fortunate, to be in that lofty 2%. We have willingly coughed up our taxes and don't gripe (well, not too much) about it. We've sent our kids to private schools and have been respectful of others who cannot afford or chose not to make the same choice. We have NEVER taken a dime without adding it to the total to be taxed, so I get really bummed when I hear people glibly talk about taking "money under the table", want to be paid in cash only, and other tax-dodging practices. Tell those thieves to be honest fool. . .  We support Obama because, among many other reasons (brilliant, young, calm...NOT a maverick...who wants an out of control maverick as President?)....but because he IS trying to 'spread' things around....like making huge companies pay their share of taxes, and shredding the golden umbrellas for high rolling CEOs, and giving tax breaks to the terribly strapped middle and lower income folks.  Yes, we know our personal tax bill will not improve, and our recently ransacked 401-ks may not recover in time for our previously planned retirement years (wait 15-20 years for them to recover? We'll be 77 & 78 by then, (Lord willing). . . . Yes, those making $250K+ are comfortable. So they may have to give up the country club or horseback riding lessons. Sorry, stop your moaning & groaning."


Marc rants about other stuff:
"I will be delightfully surprised if Barack Obama wins because I have no faith in the American voter.  I think the average American voter is incredibly stupid and lazy. Examples of this include the re-election of "W" and what should be a much greater disparity between those voting for the party of change and those supporting the party of the problems we need to solve. I am a middle-aged white man and I have a great deal of trouble believing white people my age will vote for a black man. I think our founding fathers thought that since the right to vote was so precious, we would exercise that right with more deliberate judgment.  . . . NOTHING infuriates me more than being called un-patriotic because I vote Democratic."


Ellen shares Warren Buffett's views:
"So few people today counter the ridiculous fallacy passed off on us now for decades that a "trickle down"  approach to the economy is a fair one and good for us all.  Rather, it is a farce and was never intended, even by its knowledgeable proponents, to work. In short it was a scam passed off on us, a real work of class warfare,  not this phony phrase passed around by the wealthy these days when their obscene tax breaks are called into question. . . . Class warfare is when the gap between rich and poor is growing past Robber Baron standards, as it is these days.  Asking those with incomes over $250,000 to forgo some of the breaks that have put them on the nice side of the growing divide is not class warfare by any stretch of the imagination.  That is called fairness, the kind needed if a democracy is to survive, since the research on the vitality of the middle class correlating with the vitality of a democracy is clear and persuasive.  You cannot have a democracy with rich gated communities surrounded by struggling people.  That is not what our Founders dreamed of, and it's what  we are getting with trickle down tragic nonsense. . . .  For what it is worth, while I am not on the nice side of this $250,000 divide, I am not too far off.  Yet I have consistently advocated for an increased tax burden for the well-off, myself included.  That is what being part of a democracy entails. It has never been about me first.  It has always been about the common good. And a country with the income gap growing cannot be a just one with the common good enhanced."


Rocco Rotondo says they're stingy:
"The truth of the matter is people who make $250,000 are the bottom of that group. I would venture to say a great majority make well over that figure. They don't want to let any go."


Gerald, a CPA, points out Clinton factor:
"I've read with interest your columns of the past two days that each mentioned that, "The federal tax cuts of the early 2000s … were targeted primarily on wealthy families…".  While I certainly can't disagree with that statement, perhaps it is fair and balanced to mention that shortly after coming into office, the Clinton administration sponsored and pushed through Congress the "Revenue Reconciliation Act of 1993" which created a new higher tax rate of 36% on incomes in excess of $140,000 for married people ($115,000 for singles) and a top rate of 39.6% for incomes in excess of $250,000 for all.  Prior to 1993, the top tax rate was 31%.  To make matters worse, the new rates were enacted in August 1993 but made retroactive to 1/1/93. . . .   So I think it's fair to say that, "The federal tax increases of the early 1990s … were targeted primarily at wealthy families."  So all the Bush tax cuts did was cut back some of the Clinton tax increases on the wealthy. In fact, the Bush tax cuts only reduced the top rate to 35%, still 4% points higher than the top rate of 31% before the Clinton tax increases."

 

Carl thinks he's already overly taxed:
"I am, using the $250,000 annual income benchmark, among the 'wealthy.' We own and operate retail stores in the area where we employ about 50 associates. We are very fortunate to make a good living but it wasn't always that way. When we started our business 19 years ago, I worked in the store from opening to close every day.  . . . We are 'all in' with my business. My girls work with me and my wife takes care of the books. We have loans against our home which guarantee our business debts. Although I don't work the hours I did when we started the business, we do not have banker's hours. I'm not whining, I just want you to understand that there are commitments that I make to insure my standard of living that I'm sure many would not. I also believe that many would not have taken the risk we took early on and continue to take. As an aside, about 2 hours ago we chased an individual from our store who had stolen some of our merchandise. Last week, we caught an associate who was using fictitious refunds to steal from us. It ain't easy!
"Look, I'm a product of the sixties, too! We spent a lot of time talking in the day about how it would be different when we were in charge. But, somehow, it's not that simple. I know that I work hard and have built a business that helps to support 50 families. We pay Federal Taxes at the 38% rate and Maryland taxes at the 7% rate. Most folks don't realize that we also pay payroll taxes that this year will amount to about $60,000. That pays part of our associates Social Security, and it pays for Medicare and unemployment benefits for our associates. That comes right out of our pocket and is also a "tax." At times, it would be easier to sell the business and take our investment and put it into an interest bearing account. Less payback but a lot fewer headaches. I know this....when the taxes get too high people like me will do just that! . . .   I know that there are lots of people out there who would change places with me in a heartbeat. I can't deny that the statistics about negative salary gains at the low end of the scale are distressing. However, I am also frustrated by a philosophy that says just because someone makes less than someone else, then that person is somehow 'entitled' to more. I am a firm believer in programs that help everyone to a better life but I am also realistic enough to understand that not everyone will participate! Why penalize with an even greater tax burden those who help create wealth in the first place! Why does it need to be a zero sum game?"


Hilary would love a new bathroom
"My spouse and I teeter around the $150k income mark. We used to make more until I went to a lower paying job to spend time with my daughter.  The old job netted my husband and I more money but I valued my time more.  The biggest change for us now is that we won't be able to save as much money, make home improvements or send my daughter to private school for her education and still pay our other bills.  . . . If we had $250 or more, we wouldn't be driving fancy cars or sailing on yachts or taking big vacations, but we'd be able to afford that quality education, and make home improvements, like updating our ugly 70s bathroom!  I had that quality education and wish I could give it to my daughter but I can't do that and be home with her on nights and weekends.  These days, making the kind of money required to send your kids to private school means working nights and weekends.  
"So, I had to make a choice.  In making the choice, I evaluated what more money can buy -- a better quality of life, something that would make me and my kids richer in our life, not in money, but in the types and quality of things we could do.  The choice impacted where I worked all day and where my daughter would go all day to school.  It may not be the kind of wealth normally thought of -- shiny cars, big homes, expensive vacations, but being able to choose the best quality in what you already do is a kind of wealth.  Having the same life, in the same home, but with better home improvements, and better schools IS a kind of wealth. 
"And those people that e-mail you saying that $250k isn't wealthy need to realize that.  They are wealthy.  Making over $250,000 is rare and for a lot of people its either impossible or requires impossible sacrifices.  Perhaps those e-mailers see other parents like them at the private schools or in the upscale supermarkets or at the workplace and think everyone is like them.  They aren't.  Some people can't afford to be at those same schools, or choose not to be in that same workplace.  Instead, most people are making basic life choices based on money: where to send the kids to school, where to work, where to live, when/if they should improve their home. . . . If I had the $250k or more, I'd consider myself wealthy because I'd be able to send my kid to a great private school, save money, build for retirement and make home improvements -- I'd love a bathroom with double sinks and no ugly wallpaper. I would have a better quality of life.  I'd feel rich.  And statistically in this country, I would be!"


Tom makes a lot of money
"I am one of those families that make over 250,000. Dan, contrary to the popular stereotype, I wasn't born with a silver spoon. My father worked at the Point. I grew up in Rosedale and went to that fine institution that is now called Towson University. Nothing fancy about me. . . . What I did was work between 60-70 hours a week for 20 years. I worked my way up the corporate ladder until I was making around 100,000. . . I pretty much had no life to speak of. Then I decided to start a business.  My wife and I picked up the family moved and got in the ground floor of a new business. We risked everything. . . Last year we paid 87,500 in taxes. I think that is a lot of money, don't you?  I have no problem with the middle class. I do have a problem with people that
feel they should get more of my hard earned money. I had the option of staying in a comfortable job making 65,000 a year and working 40 hours a week. But I chose to do something different and much harder. And for that, I guess I should be penalized."


Patty reflects on what's rich
"A few years ago, my then-6-year-old asked me, 'Mom?  Are we poor?'  I knew it was time to sit him down and tell him some of the facts of life. 'No, dear.  We are not poor.  As a matter of fact, we are stinking rich!  We have all the food we could possibly want to eat and as much clean water as we want to drink!  We live in this enormous house (2200 sq. ft) – why, in other parts of the world 10 families would live in a house this size!  We have great schools, a safe neighborhood, great doctors and dentists, beautiful libraries – we have everything we need!  Why do you ask if we’re poor?'
“'My friends live in bigger houses.  They have video games.  They have more toys than we do.'”
“'Yes, dear.  Around here we don’t look rich because some of our friends are even richer than we are.  We live in one of the richest communities, in one of the richest states, in one of the richest countries in the world.  If we compare ourselves to the other people that live around us, we might feel as though we don’t have enough.  But we have more than enough.  We are very, very rich.'
"(From Webster’s New World Dictionary:  rich, adj., 1.  having more than enough of material possessions; owning much money or property; wealthy.)
"I take a lot of pleasure in hearing him repeat this to his younger brothers. Need I mention that we do not have a family income of $250,000?  If those folks making over $250,000 aren't able to brag about their wealth the way I am, maybe they're just not managing it very well.  I'd be glad to give them a few pointers.
"Hate to be a killjoy, but in my opinion, as Americans we each need to take a serious look at our life and how we are living it.  We are a bloated, selfish nation that needs a big, ol’ slap upside the head to knock some sense into us.  How can anyone enjoy the good life when we have become so aware of the tremendous damage that good life is causing?  When there is so much abject misery in the world?  And to think there are some people in the throes of 'the good life' who are whining that their life isn’t good enough!  That they can 'only save $5,000 or $10,000 a year' after they’ve paid for their children’s private school education!  Do they understand that $5000 equals the annual income of 14 families in some very populous parts of the world?  Give it up – save a few lives.  Be a sport.
"There was an article in the Sun a while ago that said research determined that a family needed an income of $58,000 to be happy.  Then, they found, happiness diminished when income went over $150,000.  Might I suggest that your affluent readers look at the choices that they are making in their lives?   If they are not happy with what they see, perhaps they should make some changes – it may lead to increased happiness."


Winston counts SUVs to get his sense of the country
"Based on the number of big SUV's and limousines seen on the roads every day around this city, Baltimore must have a much higher percentage than 2% of all households making more than $250,000!  . . .  I do believe you should give credit where credit is due regarding the "wealthy", whatever that term means. Many in that category have risked their life-savings to start small businesses. They take out second mortgages, rely heavily on their ability to borrow, take unusual risks, because they are dedicated to doing well and hopefully being rewarded for their efforts. They cover payrolls when things are not going well, they pay their taxes on time. And they are also dedicated business people who want to grow their businesses. Don't discount their importance to the economy. Small businesses employ a large majority of the workers in America. Check the stats with US Chamber of NFIB. Don't disrespect the goose that laid the golden egg! It appears we are headed in that direction, and that scares me!"


Jerry doesn't like any candidate
"I am currently working hard for my $150,000+ salary so I don't have much time but just a few comments:     There has always been a significant difference between haves and have-nots in American society and, I trust, in almost every society in history and at present times.  Why the sudden preaching about it? You seem to ignore, or at least fail to mention, that most of those in the high income brackets work very hard to earn their money and in the case of entrepreneurs and business owners often took tremendous risks with their personal savings to start up and finance their fledging companies.  Why are they being castigated now?
You, yourself, are a long standing newspaper reporter whose work I have generally enjoyed for many years.  I assume you are not in the lower income categories, so do you feel guilty?
If the country has problems with infrastructure, people going hungry, etc. I can live with higher taxes  -  If I can feel that that extra money is being used in a careful and effective manner.  Nothing I see from current or likely political parties gives me any confidence. The current four political candidates for President and Vice-President are an abomination and a horrible indictment of the political process.  Why aren't any of you astute political opinionists writing anything about that situation?"


Bill makes an interesting point
If "going shopping" is considered "patriotic" (by Bush), then why is paying taxes "unpatriotic" (according to McCain)? And since McCain doesn't want to raise taxes to pay for the war in Iraq he supports so vigorously, how fair (and courageous) is it for him to effectively hand the bill for it to our children and grandchildren? John McCain talks about taking on and cleaning up Wall Street and greedy corporate CEO's.  Boy, those tax cuts he wants to give them will really fix them, all right!


Ken comments on white-collar privileges
As a Guy out of work and struggling to save his home, Pests & Family, as well as being Deaf, as
well as hearing of hearing of this 700 Billion Bailout which failed to enforce any accountability on Wall Street, it simply goes to show that White Collar Crimes Pays Well! But let a blue-collar or poor person do something to try to survive and the Law is harsh an unrelenting in Jailing them for even minor offenses. Unfair laws in an unfair Nation that doesn’t care about others unless you got the money! Maybe it is time we have a Class War! Guarantee every American a Basic Salary and then  maybe  things in America would change! We also need to start cutting from the Top; Such as Politicians Salaries, and CEO Salaries etc. This is NOt Socialism but Social Reasonability  for all Americans. I hope that is NOT too much to Ask for, in what is supposed to the Richest Nation on Earth!

Posted by Dan Rodricks at 8:18 AM | | Comments (10)
        

Quote of the day

From Cheryl Crispen, spokeswoman for the Mortgage Bankers 
Association, on the protesters (including one who tried to "arrest" 
Karl Rove on stage for "treason") at the group's convention in San 
Francisco: "We believe in free speech, but we believe there is a right time and 
place for it."

Like in the dark, at night, somewhere else, somewhere that people who 
don't like it don't have to hear it.

Posted by Dan Rodricks at 6:05 AM | | Comments (1)
        

October 21, 2008

Boomeritis

MIDDAY: Listen live on WYPR 88.1 FM or online at wypr.org.  You can call during the show toll-free at 866-661-9309 or drop us an e-mail with brief comments prior to the show at midday@wypr.org.

Tuesday, October 21
1:00-2:00
"Boomeritis" is defined as sports-related -- or just life-related -- injuries to Baby Boom generation adults. We'll talk with Dr. John Emmett, sports enthusiast, body-builder and author of Turning Back the Hands of Time, and Dr. Bill Howard, left, founder of the sports medicine clinic at Union Memorial Hospital and Participating Physician of the Arnold Palmer SportsHealth Center.

Posted by Dan Rodricks at 11:10 AM | | Comments (0)
        

More comment on 'class warfare'

A reader named Ken in Ocean Pines, Maryland writes:

"Taxypayers in this country who earn less than $250,000 a year need to wake up and realize that the fat cats are getting all the breaks for which they lobby politicians. No one earning less than a quarter of a million annually is represented at the table when breaks, bailouts, loopholes, golden parachutes, stock options, and the like are proposed, discussed, lobbied, voted on, and executed. You are absolutely correct that the Reagan 'trickle-down' theory is actually 'trickle-up.'  When you give money to the wealthy, they keep it.  Money given to the wealthy does not trickle down.  It just stays there, and makes the income gap wider and wider. Why do less-wealthy people accept this situation?"

From Laura in Towson, Md.:

"During the Clinton years my family brought in $250,000 one year working for a thriving company.  The next year it went to $180,000.  The next year it went to $140,000.  The last year with them was $125,000 until my husband was let go (three months before my first child was heading off to a private out of state college). Now he makes $100,000 and hasn't had a dime of a raise for four years with the same company.  Sure, we complain like everybody else.  Two kids are in college with huge tuitions.  One is still home.  Fortunately we bought our house 8 years ago new when prices were low and mortgages were simple.  Sure I'm not saving anything and I worry about whether my third child's college fund will be revived after the stock market plunge.
 
"But are we suffering?  No.  Are there lots more people who are worse off then us?  Plenty.  Do people who make over $250,000 have a right to complain?  No.  When we made that kind of money one year, we paid plenty in taxes and I understood that at that level, it was my responsibility to do so.  If you make lots of money, shut up, pay up, and stop buying lots of crap that you don't need.  Stop buying new cars every 5 years; stop buying every damn techno piece of equipment because it's cool.  Or go ahead and buy that stuff but stop complaining about how you don't have any money to go around.  When we made that much, and we paid beaucoup taxes, we still had plenty to go around.  Even at $100,000 today, we are not suffering.  Not being able to turn on the lights and eat - now that is suffering.  Oh, by the way.  I am for Obama.  McCain has stooped to an all time low.  I hope he loses by a landslide.  My sister falls in the over $250,000 category and her family is happy to pay an increased tax to help those who cannot.  What is wrong with everybody?"
 

Posted by Dan Rodricks at 10:05 AM | | Comments (3)
        

Obama-McCain tax plans

MIDDAY: Listen live on WYPR 88.1 FM or online at wypr.org.  You can call during the show toll-free at 866-661-9309 or drop us an e-mail with brief comments prior to the show at midday@wypr.org.

Tuesday, October 21
Noon-1:00
The unscheduled third participant in last week's presidential debate was "Joe the Plumber" from Ohio. He became the central figure in the tax debate between Senators McCain and Obama. This hour we'll get a non-partisan comparison of the Obama and McCain tax plans with Bob Williams, Principal Research Associate with the Tax Policy Center, and Fred Brown, Associate Professor of Law & Director of the Graduate Tax Program at the University of Baltimore.

1:00-2:00
"Boomeritis" is defined as injuries to older amateur athletes, especially those who are part of the Baby Boom. We'll talk with Dr. John Emmett, author of the book Turning Back the Hands of Time.  We'll also talk with Dr. Bill Howard, founder of the sports medicine clinic at Union Memorial Hospital.

Posted by Dan Rodricks at 10:03 AM | | Comments (0)
        

Hardships of the well-heeled

Hey, bunkie, you think it's tough making ends meet on 50-grand a year? Or maybe even $100-grand a year? It's nothing compared to what it's like making $250,000 a year and living in a $700,000 house in a classy Baltimore neighborhood. . . . Wait 'til you read this one. It's priceless, written by a Baltimorean apparently on a work assignment in the United Arab Emirates (where he's not taxed on the first $80,000 of income, or the first $160,000 if married.) Working there, amid all the oil wealth, perhaps the letter-writer's perspective is skewed. His name is Elam. Though the e-mail was unsolicited -- apparently provoked by Sunday's column --I'm not going to use his full name because I don't have permission. Still, it's clear Elam is clueless -- or in denial -- as to how most of the people in this country live and how elite a financial class he and his neighbors are in. (For more on that, see today's column.) By the way, when Elam quotes me quoting my mother -- remarkably, from a magazine interview years ago -- just remember, the former Rose Popolo is 94; she used to tell us about the Great Depression and how Hoover had favored the rich and believed prosperity was right around the corner, and how FDR had saved the country. If she was biased, she and her family came by it honestly.

"Whoa Dan, perhaps you need to step back and consider what you wrote more carefully. Your tone was obstinate and judgmental, which aren’t good virtues in a newspaper columnist. Since Barack Obama has made empathy an issue in his campaign, may I dare to ask you to consider some empathy for those who might make more money than you do? In fact, just ask yourself this question: why are you so rigid on the view that an income of $250,000 a year automatically makes you rich?

"True, statistically speaking, it may place you in the top 2-3% of US households, but then again, what’s the favorite saying about statistics: “lies, damned lies and statistics.”

"Just consider this fact: the bulk of the households making 250,000 a year are concentrated in the major urban areas. Cost of living in many of those urban areas are quite high, and let’s even take Baltimore as an example. What does an income of $250,000 a year get you in Baltimore? After taxes, that nets you perhaps $150,000 a year in disposable income. You get a nice lifestyle, sure, but hardly a “rich” lifestyle. A $600-700,000 house in Roland Park or Homeland or Towson. Use realtor.com to see what kind of house you can buy for 700,000 in North Baltimore or Baltimore County. Comfortable, but not mansions. 

"Two kids in private schools if you want, but even spending $40,000 a year for two school tuitions at Friends is a big component of an after tax income of $150,000. Plus you’ve got to sock away savings and retirement funds, despite the current economic crisis. You’ve got to maintain two cars for the family, and quite a few people making 250K a year are driving minivans and Hondas. Why? Because they’re saving money for college bills. These folks aren’t going to receive financial aid, and will be paying, out of pocket, over 40,000 a year for a private college. Multiply that by four years, and by the number of children you have. 

"Hey, maybe many of those making $250,000 a year are still paying off graduate and professional school debts, especially if they have a law degree or a medical degree.

"Suddenly they don’t seem so rich, do they?

"And this is only Baltimore. Let’s move on to DC. $250,000 a year might buy you a small three-bedroom colonial  anywhere in Montgomery County with a good school district. New York or Boston or California? It’s even worse. 

"There’s an enormous world of difference between people making $250,000 a year and people who have millions and millions in income and assets, as there’s a big difference between a Roland Park house and a 100-acre spread in Butler with stables and horses. Likewise, there’s a big difference between a single man making $250,000 a year living in a Canton loft and a suburban family of four with a large mortgage in a good school district or paying private school fees. There’s a big difference between an income of $250,000 a year in rural Pennsylvania and in the suburbs of Washington, D.C.  

"Consequently, making blanket statements about incomes without considering all the other factors that may affect that income is a rather futile, and ultimately, dangerously judgmental way of thinking. 

"I suppose your opinions are very much the product of a working-class immigrant childhood, and I do remember an article you wrote, years ago, in which you described how your mother pointed at the town banker and said, 'That man’s rich, he’s a Republican,' and pointed at everyone else and said they were hard-working Democrats. You do have a history of having an us-versus-them viewpoint, and if there’s anything that’s been as destructive for the United States over the past few decades, it has been the us-versus-them viewpoint. The social wars of the 1980s, the battles between the Republicans and Democrats of the 1990s, George Bush’s ultimatum that you’re either for us or against us, all turned out to be disastrous for the nation. We can have a pleasant debate over what makes a man “rich,” but you will need to step back a bit and consider the rigidity of your views and how that might cloud your judgments, and even worse, be one of the factors behind this so called class-warfare you accuse the Republicans of."

Posted by Dan Rodricks at 7:05 AM | | Comments (0)
        

October 20, 2008

The Big One

Join me today on Midday
Listen live on WYPR 88.1 FM or online at wypr.org
The big issue that hardly anyone -- not Obama, not McCain -- talks about, the one that's tied to just about every problem you can name, is population growth. Conservatives talk about it, in the context of immigrants moving into the United States. But that's just a piece of the problem. Beyond the pressure created by new arrivals from other countries, there is a general pressure of steady population growth on everything around us, starting with the environment. Tom Horton, former Sun reporter and columnist and long-time chronicler of the Chesapeake Bay, says failure to address this overriding issue -- and to constantly be measuring societal progress by economic growth -- is incompatible with the effort to save the bay for future generations. He says the effort is a failure and will remain so until we get population growth in the Chesapeake watershed under control. Horton, who just published a report on this for the Abell Foundation, returns as our guest on Midday today after the NPR news at noon.

You can call during the show toll-free at 866-661-9309 or drop us an e-mail with brief comments prior to the show at midday@wypr.org

 

Posted by Dan Rodricks at 8:33 AM | | Comments (0)
        

October 17, 2008

Ireland heard from

It took almost 24 hours, but I finally got a post from Ireland, and it was from a fellow calling himself Phillip, but using an e-mail address of someone named Shane. This was in response to a quip about John McCain's comparing the rate of taxation on small businesses in the United States with the same tariff in Ireland.

"It is highly offensive," Phillip-Shane writes, "that Ireland is noted for just lots of sheep! Yes, maybe Ireland is a small country and it's defence budget is dramatically different from that of the United States - however, Ireland is a strong ally and a leader internationally in terms of small business. As incorrect as McCain was to cite Ireland's tax at 11% when it's actually 12.5%, it is wrong for US commentators to degrade Ireland for 'sheep' it's like calling all Americans stupid just because of the ridiculous education system you have!"

Or because of George W. Bush . . . 

Come now, Philip (or is it Shane?). Where's that Irish sense of humor? Surely you must have one. Check all your pockets please.

For the record, the "defence" budget of the Republic of Ireland is $1.3 billion dollars US. Ireland is not a NATO member. Yours is one of the most affluent and peaceful countries in the world -- high GDP and quality of life. And good for you, and all the little shop keepers and pub owners who only have to pay 12.5 percent.

In the United States, the total spending for all defense-related purposes, including veterans, is about $1 trillion a year.

That's just one of a long list of reasons why McCain's comparison -- "In Ireland, it's only 11 percent!" -- was met with giggles at the debate party I attended the other night.

As for our education system, well, Phillip-Shane, you have a point. Your standard of living has risen wonderfully over there, and perhaps it's due to not having to pay for a massive military. Your taxes were cut considerably in the 1980s and those that still go to the government are used for useful things, such as educating children. I understand that in Ireland education is free at every levels, including college. And good for you. And thanks for writing. And oh, do again!

While we're connected, let me ask a question of you and your fellow Irish in Cork: Is it true that a statue of the First Lord Baltimore (George Calvert), presented to Baltimore, Ireland by the former mayor of Baltimore, Maryland (William Donald Schaefer) stands out in some farmer's field there, surrounded by sheep, all but abandoned, and regarded as something of a joke? Once upon a time I had a photograph of the thing and was told that the Irish in your Baltimore never appreciated the gift, Calvert symbolizing the oppressive past when British lords ruled the isle. Is it so?

 

Posted by Dan Rodricks at 6:42 AM | | Comments (2)
        

October 16, 2008

Making us [sic]

Take the Grammar Quiz today on Midday

Listen live on WYPR 88.1 FM or online at wypr.org 
1:00-2:00 pm
In her new book, Things That Make Us [Sic], grammar expert Martha Brockenbrough takes on Madison Avenue, Hollywood, the White House, and other abusers of grammar. And our listners get to take the semi-annual Midday Grammar Quiz and try to win a glamorous prize.

 

Sic is a Latin word meaning "thus", "so", "as such", or "just as that." In writing, it is placed within square brackets and usually italicized—[sic]—to indicate that an incorrect or unusual spelling, phrase, punctuation, and/or other preceding quoted material has been reproduced verbatim from the quoted original and is not a transcription error. It had a long vowel in Latin (sÄ«c), meaning that it was pronounced like the English word "seek"; however, it is normally anglicised to /'sÉŞk/ (like the English word "sick").

Posted by Dan Rodricks at 11:13 AM | | Comments (0)
        

Call, write, comment on debate

Join me today on Midday

Listen live on WYPR 88.1FM or online at wypr.org

Noon-1:00 pm
We’ll give y'all a chance to weigh-in on last night’s Obama-McCain debate. My colleague from The Sun, Jean Marbella, stops by for lunch and a chat, along with Brian Wendell Morton, the Politicial Animal of the City Paper in Baltimore. Brian's book, I'd Rather Have A Better Country, has just been published. You can call during the show toll-free at 866-661-9309 or drop us an e-mail with brief comments prior to the show at midday@wypr.org

Joe The Plumber -- please, give us a shout!


1:00-2:00 pm
In her new book, Things That Make Us [Sic], grammar expert Martha Brockenbrough takes on Madison Avenue, Hollywood, the White House, and other abusers of grammar. And our listners get to take the semi-annual Midday Grammar Quiz.

Listen live on WYPR 88.1FM or online at wypr.org.

 

Posted by Dan Rodricks at 9:33 AM | | Comments (1)
        

McCain, Obama, Joe The Plumber

Here we go again -- round three, Obama and McCain, and this time in split screen!

Comment at 10:16 pm: McCain has been attacking Obama at every chance, and I guess this should be expected, at what's essentially the 11th hour of a lame campaign. But spending all this time on the attack reduces the time McCain spends on promoting his own ideas or plans. At one point, he passed up a chance to elaborate on his latest economic proposals because the moderator, Bob Schieffer, apparently had sufficiently summarized them and McCain had some darts to throw.

Earlier comments:

As expected, the desperate McCain came out punching -- bringing up Obama's association with William Ayers and ACORN, condemning Rep. Lewis's statements over the weekend, and blasting Obama for spending millions on negative ads. Obama on the defensive, but not on the ropes, answering each charge without stumbling and countering McCain with some of the statements made by the nut-jobs at Palin rallies last week. They're sparring -- and in split screen!

McCain is scoring some points here with the judges, ladies and gentlemen. Obama just smiled and skipped around the issue of how much money his campaign is spending on ads.

McCain is coming across crusty and testy and tough, but he blinks a lot. Obama smiles a lot. He's cautious and maybe just a little too cool.

McCain pulls out Joe "The Plumber" Wurzelbacher, a guy from Ohio who McCain says will never be able to live the American dream if Obama is elected. He says Obama, who had an ecounter with Joe on the campaign trail, would tax Joe The Plumber at a rate that would keep him from owning his own plumbing business. This didn't make much sense because Joe The Plumber would have to be already making $250,000 a year in order to be taxed further under Obama's plan. And if Joe The Plumber is in that kind of position, is there a case here? Is Obama's plan really going to stifle Joe The Plumber? (Read the latest report on working poor families, and you'll see why Obama's tax plan is probably getting some traction among working class people.) By one estimate, nine out of 10 owners of small businesses make less than $250,000 a year and would not be taxed further under Obama's proposals.  . . . So, nice try by McCain, but that punch didn't cause much damage. Rupert Murdoch's pro-McCain New York Post made a big deal out of Obama's exchange with Joe The Plumber the other day, so take that for what it's worth.

McCain says Obama wants to "spread the wealth," and God forbid we should do that! In the midst of the Wall Street mess and the federal bailout, I think loads of Americans are ready for some redistribution. More evidence of how out of touch -- "I think I own seven houses" -- McCain is.

McCain just compared the rate of taxation of small buisnesses in the United States with the rate of taxation of small businesses in Ireland, saying it's only a third of what's paid here. That's a wonderful comparison, senator -- a nation of 300-plus million and a massive defense budget versus a nation of 4.4 million and lots of sheep.

9:55 PM:  Obama just said we should "look at" offshore drilling. What does that mean? That sounds like he wants to get on board the drill-baby-drill team.

I love the split screen, but I'm not sure McCain knows it's happening. He either doesn't know or doesn't care. As Obama's speaking, McCain is blinking a lot and grinning and betrays an eagerness to respond that almost bursts through his cheeks. He takes notes while Obama speaks, and he's like the kid in class who can't wait to raise his hand and get in the next point.

 

 

Posted by Dan Rodricks at 4:53 AM | | Comments (48)
        

The scene at Hofstra

My niece, a student at the Long Island university, didn't get into the big show last night, but went to the campus simulcast instead, and it sounds like a better deal: "Free Mexican food, raffle, Mardi Gras beads, trivia games, tie-dying, little free bottles of bubble-blower stuff. I doubt the University Democrats vs. Republicans debate parties were that much fun. They started the live feed about a half an hour before the actual debate, so we saw how they pre-emptively scolded the audience about not cheering or booing. I think the C-SPAN guy may have laid it on a little thicker than usual because there were so many college kids there. Our room was pretty giddy, faculty included. . . . Much giggling over Obama almost not being able to pronounce 'Hofstra.' I was willing to give him a pass on that until he tossed out a 'profligate' in the middle of the debate like it was nothing."

 

Posted by Dan Rodricks at 4:23 AM | | Comments (0)
        

October 15, 2008

Mutscheller to be honored

Jim Mutscheller, the former Baltimore Colts tight end and a veteran of the Greatest Game Ever Played, is being inducted into the Pennsylvania Sports Hall of Fame on November 1. Mutscheller, who played for the Colts from 1954 to 1961,is a native of Beaver Falls -- and he's already a member of the Beaver County Hall of Fame (along with Joe Namath). Congratulations, Bucky!

Posted by Dan Rodricks at 6:03 PM | | Comments (0)
        

The black vote and Obama

This comes up frequently -- like, every day -- either in an e-mail from Somewhere USA or in the form of blog comments, usually from Angry Anonymous USA. This time the issue was presented and the questions asked in civilized terms:

"Why do you only focus on racism in one direction? It has been predicted that over 95% of African Americans will vote for Barack Obama. If over 95% of whites vote for McCain, it would be classified as racism. Why do we have, and you obviously advocate, a double standard?"

Since I'm the one being asked this, I'll give my answer:

1. There's such a thing as identity politics -- people vote for people who look and sound like them. It's human nature. Whites have been doing it for a very long time, and white males even longer. I never said whites voting for McCain was racism, though if the GOP was having its way with the usual strategy for victory -- by appealing to whites in the South -- some might be inclined to see it that way. Back when this race looked like a tossup, and people were wondering why -- given the Bush legacy and the state of the economy -- some people, including a friend of mine, wanted to attribute it to white support for Obama dropping off. Much has changed in just six weeks -- the Palin factor, the Wall Street Meltdown, two debates (and another tonight), and more people have made up their minds and, according to polls, evidently become less concerned with Obama's lack of "executive experience."

2. People vote their interests, and if you can explain to me and other readers of this blog why African-Americans should vote for a Republican presidential candidate -- black, white, female, "maverick," or whatever -- please, have at it. Republicans don't deserve the support of African-Americans. They haven't been interested in it, and that's not an opinion, that's history.

3. Republicans over the years have benefited from racial polarization. Quick history lesson: The GOP Southern Strategy, designed to exploit racism among whites in the old Confederacy, is having its 40th anniversary, and hopefully its last. Here's how Nixon strategist Kevin Phillips described it in 1970: "Republicans are never going to get more than 10 to 20 percent of the Negro vote and they don't need any more than that. . . . But Republicans would be shortsighted if they weakened enforcement of the Voting Rights Act. The more Negroes who register as Democrats in the South, the sooner the Negrophobe whites will quit the Democrats and become Republicans. That's where the votes are. Without that prodding from the blacks, the whites will backslide into their old comfortable arrangement with the local Democrats." Guess what? It worked.

3. Since they were given the opportunity to vote, minorities historically have been far more willing to cross racial lines and support a white candidate than have white voters for black candidates, though that has started to change. Just yesterday, the New York Times noted the rising comfort level among whites in voting for black candidates. About 200 black politicians have won offices once held by whites in legislatures and city halls in the last 10 years in New Hampshire, Iowa, Kentucky, Minnesota, Missouri, North Carolina and Tennessee, the Times reported. About 30 percent of the nation's 622 black state legislators now represent predominantly white districts, up from about 16 percent in 2001.

4. The GOP's Southern strategy, combined with the Democrats' willingness to generally concede the South, has led to huge white support for Republicans over the last 40 years. In 2004, John Kerry lost the white vote by a 16-point margin nationally, and in the South, the Democratic candidate received only 30 percent of all white votes. George W. Bush took the white vote big throughout the South; with just three weeks to go, John McCain has been campaigning there because he's worried about losing states that have been GOP strongholds.

5. African-Americans mostly have supported Democratic candidates in the 44 years since the Civil Rights Act. This year someone who is African-American is running for president as a Democratic. It follows that most of them would be inclined to vote for Barack Obama. He's going to get a chunk of the white vote, too.

 

 

 

Posted by Dan Rodricks at 12:11 PM | | Comments (12)
        

Working and poor

The growl about executive compensation and profits at the expense of American jobs can't get loud enough. It is way overdue. So is the revival of organized labor. Some day soon we're going to hit a critical mass and fix the great inequities -- the lousy wages, the lack of benefits, the incessant cost cutting and staff reductions to increase profit margins. For their stubborn resistance on the minimum wage alone, the Republicans are getting what they deserve. Here's the latest from American's post-welfare, post-Reaganomics, almost-post Bush era: More than one in four working families -- a total of 42 million adults and children -- are low-income, earning too little to meet their basic needs.

"Still Working Hard, Still Falling Short," a report produced by the Working Poor Families Project, found that an additional 350,000 working families were low-income in 2006 compared to 2002.

The report also found increasing income inequality, with a widening gap between the share of income the highest-earning families receive and that earned by the least affluent. "This increase in income disparity and in the number of low-income working families came during a period of economic expansion, suggesting that those numbers will continue to grow during this economic downturn," the report said. 

"Still Working Hard, Still Falling Short" was produced by the Working Poor Families Project, a national initiative supported by the Annie E. Casey, Ford, Joyce, and C.S. Mott Foundations to examine the conditions of America's working families.

"Low-income working families pay a higher percentage of their income for housing than other working families and are far less likely to have health insurance," according to the report. "At the same time, low-income working families work hard. Adults in low-income working families worked an average of 2,552 hours per year in 2006, the equivalent of almost one and a quarter full-time workers per family. . . . Inadequate education plays a major role in preventing low-income workers from climbing the economic ladder. While almost half of all job openings require more than a high school education, 88 million adult workers are not prepared for these positions.

"The federal government has a role and responsibility to ensure that all hard-working families have a true opportunity for economic advancement and success," according to the report, which made four recommendations for federal policies to improve education, wages and job quality.

Additional report findings include: 

  • In 13 states, 33 percent or more of working families are low-income, while in Mississippi and New Mexico, more than 40 percent of working families are low-income.

  • In 2006, California and Texas had more than a million low-income working families, while Florida and New York each had more than half a million.

  • In 13 states, 50 percent or more of minority working families are low-income.


  • Nationally, more than one in five jobs -- 22 percent -- pays wages that fall below the federal poverty threshold. In eight states, more than a third of all jobs are in poverty-wage occupations.

For more information go to www.workingpoorfamilies.org.

Posted by Dan Rodricks at 8:56 AM | | Comments (1)
        

Cops and the war on drugs

Today on Midday
Listen live on WYPR 88.1 FM or online at wypr.org.

We’re joined in Studio A after the NPR news at noon by Jack Cole, who spent 26 years fighting on the front lines of the war on drugs with the New Jersey State Police. Cole has declared the war a failure and he now leads a group of police officers, judges, prosecutors and others who feel that legalizing and regulating drugs is the only way we'll solve our problems of addiction and related violence. He's visiting Baltimore to speak to a Hopkins public health class taught by Dr. Dan Morhaim, the 11th District state delegate. I've interviewed Cole before and he's provocative and tough, firm in his commitment to ending prohibition of heroin, cocaine and marijuana. His organization is LEAP -- Law Enforcement Against Prohibition. . . . . Comments and questions welcome in advance of the show at this post or at midday@wypr.org



Listen live on WYPR 88.1 FM or online at wypr.org.

 

Posted by Dan Rodricks at 8:32 AM | | Comments (0)
        

October 14, 2008

Cordish whines in K.C.

The Kansas City Star's Hearne Christopher gained access to e-mails between Baltimore-based developer David Cordish and Kansas City Mayor Mark Funkhouser over the state of KC's downtown redevelopment area, in which Cordish has a big stake, and the year-old Sprint Center. Sounds like things aren't going Cordish's way out there. As my friend Ronald Smith likes to say, "That man's got issues."

Here's Christpher's report, with links to full e-mails.

 

Posted by Dan Rodricks at 9:09 PM | | Comments (0)
        

About the racist's sign

So, to bring you up to date, the reaction to the Kurt Kolaja photo, posted here last Friday, has gone like this:

1. It's possible an Obama supporter was responsible for it.

2. The photo was a hoax.

3. The photographer's motives for taking the photo are suspect.

4. The blogger should neither have posted it nor mentioned it on his radio show today.

That all sounds like denial or discomfort to me.  . . .  Look, I'm as willing as the next person to believe that this garbage is now so isolated that a photographer has to go out of his way in a rural area to find it. I want to believe that the Obama ascendency shows how much the nation has grown up and changed, and how the generations that spread bigotry throughout the land have had their day and gone, and how we're about to see a whole new world open before our eyes. That's why, when I first saw Kolaja's photo, I was neither surprised nor as disturbed as I used to be. I know this ugly sentiment still exists -- I get e-mail frequently from some of the worst racists in our midst -- but I think it's dying off, and the Obama candidacy proves it. . . . Look at the race for president. People actually care about important issues this time, more young people than ever have registered to vote, and the old tricks aren't working -- wedge issues, scare tactics, whisper campaigns. People have grown tired of the nonsense, the partisan bickering, the politics of anger. It gets us nowhere. A few nut-jobs have been showing up to express their hatred at McCain-Palin rallies this fall. But most of us are tired of politicians, religious leaders and talk-show hosts who exploit prejudices. We've heard it all and we're sick of it . . . Something's happened and it's mostly good. But you can't deny the reality; you can't wish it away. There might not be much we can do about the racist who paints a sign and puts it on his front lawn; at least, he's honest, which is more than can be said for those who've risen to positions of power by practicing the politics of division and fear. The vigilance of good people is necessary to flush racism of a higher order, the form that can really do damage. We have to keep demagogues and hate-mongerers out of our public life -- and out of office. "Some day," a high school teacher told us back in the day, "we'll all stand around in a circle and point at these [racists] and laugh at them."  I think we're getting there, but the road is still bumpy, no denying it.

 

Posted by Dan Rodricks at 7:02 PM | | Comments (0)
        

States with slots hurtin'

Governor Martin O'Malley and the pro-slot forces in Maryland make it seem like voter approval of slots will spare the pain of state budget cuts or new taxes. A sucker would almost start to believe that 15,000 slots form a panacea, a way of making Maryland recession-proof. The pro-slots crusaders may not make such a claim specifically, but that's the gist of the ads and signs we're seeing now. I fully expect to see a choir of fourth-graders singing the praises of slot-machine gambling in the next TV spot.

But look around -- at least four other states with lots and lots of slots -- Nevada, New Jersey, Pennsylvania and Connecticut -- are having big budget headaches, too.

Nevada -- that's the state with Las Vegas, and Las Vegas has lots and lots of slots -- one for every eight residents, in fact. And yet Nevada is among the many states facing huge budget shortfalls, something like $898 million, according to the Center on Budget and Policy Priorities. . . .  Nevada has a declining economy. In fact, the Rockefeller Institute of Government reported recently that no state economy has been worse since January 2007. The measurement is based on tax revenue, the unemployment rate -- now at a 23-year high of 7.1 percent and expected to hit to 7.6 percent in January -- real wages, average weekly hours worked, the labor market and payroll data. The Nevada governor, Jim Gibbons, and the state legislature have cut state spending by $1.2 billion, and Gibbons warned that another 14 percent cut could be coming in winter, according to the Las Vegas Review-Journal. Things are so bad that the state plans to close the rural East Ely Railroad Depot Museum, a historic link in the state's copper mining history, to save a few bucks. (Why don't they just stick a few slot machines and a black jack table in the place?) 

Sounds like Nevada, with its huge gambling industry, just doesn't have a good deal with the casino operators -- or that maybe gambling revenue isn't the ever-flowing revenue stream the "gaming industry" claims it is.

Closer to Maryland, the Commonwealth of Pennsylvania, also blessed with lots and lots of slots, is facing a budget shortfall of about a billion bucks. Since the new fiscal year began, the Keystone State has seen its biggest first-quarter revenue drop in 20 years. At the current rate at which revenues are plunging, the budget shortfall by next summer could be about $1.3 billion, according to published reports. Pennsylvania's unemployment rate was 5.8 percent in August, the highest in  five years.

In Connecticut, revenues from gambling don't seem to be able to fill the gap -- at least not at the current collection rates. Estimates on the budget shortfall there range from $300 million to $800 million.

New Jersey has lots of slots -- in Atlantic City. This state is staring at $1.7 billion budget shortfall.

Any way you look at this -- with slots or without slots -- states are facing recession, revenue shortfalls and cuts in services and programs. So, with slots or without slots, what's the diff if the "gaming industry" is keeping so much of the profit? I remain opposed to Maryland's slots referendum on account of the fact that no one listened to me. There should have been a state gambling commission established to oversee the Lottery and all forms of legal gambling. State-sanctioned gambling ought to be state-operated gambling, with no greedy fat cats in the middle -- or it shouldn't be at all.

 

 

 

Posted by Dan Rodricks at 7:00 AM | | Comments (12)
        

Could the South turn blue?

Listen live today on Midday

Noon-1:00
It's telling that, three weeks before the presidential election, John McCain spent Monday campaigning in Virginia and North Carolina, Republican states that his campaign must be worried about. Is this the election where red starts turning blue? For more than a generation, Republican dominance in the South has remained largely uncontested. Our guest, Bob Moser, Nation contributor and author of Blue Dixie: Awakening the South’s Democratic Majority, argues that the Democratic Party has a historic opportunity in the 2008 U.S. elections to build a new generation-long, nationwide majority by tapping into changing demographics below the Mason-Dixon line. For a primer on how the Obama candidacy could be changing the American political map, effecting down-ballot voting and the makeup of the next Congress, tune in after the news from NPR.

Listen live on WYPR 88.1FM or online at wypr.org.

Posted by Dan Rodricks at 6:31 AM | | Comments (1)
        

October 12, 2008

Are we there yet?

Here are more excerpts from the letters students of Deborah Lambert's English class at Eastern Technical High School wrote in response to my September 16 column, “Racism May Be Waning, But Are We There Yet?"

I read the article, "Racism may be waning, but are we there yet?" by Dan Rodricks. I wanted to respond to this question by saying we are getting there, and that I'm a a member of the first "colorblind" generation that’s going to lead the nation in becoming prejudice-free. If you look into society now, and how it was years ago, treatment of other racial groups has become better, and prejudice is becoming less of an issue.. . . In the article, Rodricks points out that there has been profound change in the forty years since the civil rights movement and Obama is the latest sign of it. I strongly agree  with this because years ago, especially during the civil rights movement, a black person would never have been a presidential candidate. Though he hasn't been voted yet for president, elections are only a few [weeks] away, and he actually has a chance of winning. Whether he wins or not, Obama proves that the U.S is making progress and that more people are becoming less prejudice. . . . Personally, I want everyone to be treated equally, and that's why I believe that it is more than my choice to speak out against prejudice in a tactful way, diplomatic way; it is my responsibility to thwart its presence and growth. A time when I spoke against prejudice was when Hillary Clinton was running for president. I was extremely proud that with her running, she could be the first female president ever in the United States. During this time my mom was saying that there's no way a woman can lead a nation. To her perspective; men are stronger than women. I was very surprised to hear this. I immediately responded to this by telling her that a woman can do as good a job as a president as a man. A woman can handle that position as good or bad as a man can. Listening to my point of view, she seemed still reluctant to vote for a woman to be president, but she stopped opposing it so strongly.  . . . Prejudice still exists but only a small portion of the society is prejudiced. The way society is now is way better than how it was years ago, proving that we are moving forward, and that we are on our way on being prejudice-free.
Nelly Waribe
Parkville

 

In a society where mixed races are becoming the norm, you would like think we are close to the riddance of racism. The sad reality is that racism, bigotry and prejudice are just as alive today as there were numerous years ago. Prejudice, as well as bigotry, is a component of daily life. Even in my eleventh grade class, the majority of students feel as though it is not their responsibility to thwart prejudice behavior. . . “When it is finally ours…this man shall be remembered.” This quote is from Robert Hayden’s poem entitled “Frederick Douglass.” In it, he explains that when freedom is achieved, people will flesh out Douglass’ dream of equality and the eradication of prejudice. It is sad to say that this isn’t true. As Americans, we are free, but only literally. We’re still enslaved in hatred and jealously that was taught to our ancestors so long ago.
Paige Fasoore
Middle River

 

I do believe that we are there, and we are members of the first “colorblind generation”. After all, how often have you seen an African-American running for the presidency? In the article, “Racism May Be Waning, But Are We There Yet?” by Dan Rodricks, there was a significant quote that stood out to me: “They’ve made Will Smith the top-rated, highest paid movie star and Tiger Woods one of the most popular sports figures of their time.” I never thought of it that way before. Both of these men are idols in Americans’ eyes. They are admired by all races. Back when slavery was going on these two men wouldn’t have even received a chance. However, in society today all people are given equal opportunities and rights. . . . I also read a quote from Robert Hayden’s poem called, “Fredrick Douglass” that truly made me sit back and think. Hayden stated, “…visioning a world where none is lonely, none haunted.” After I read the poem I felt a sense of gloom and despair. During the time of slavery people were whipped, beaten and sometimes even killed because of their skin color. Today we do not let anyone feel lonely or haunted. We provide assistance for all people. We also have civil right laws banning any kind of discrimination or acts of prejudice.  . . . We, as Americans, outlawed unequal treatment a long time ago. However, it is in this day and age where it’s finally coming to an end. Laws are being put down and put into action! Help is being provided for all people of all races! The youth is carrying out this plan of a better, more united nation! All people have the option of being successful and carrying out any dream imaginable!
Sabrina Stone
Baltimore

 

Dan Rodricks stated that this generation is the first colorblind generation; however, I don’t completely agree. While our generation is the most colorblind generation to date, we are still prejudiced through people at school, work place, and our ignorance. There is so much diversity when it comes to people in schools, jobs, and other public places, though we still have a lot of issues that contribute to prejudice.  . . . Stopping prejudice comes from the initiative that people take. There is one perspective that says it would be nice to “go out of our way to stop prejudice, but it’s not our responsibility.” Someone compared it to picking up paper on the floor – sure, it’d be a nice thing to do, but we don’t have to do it. On the other side, people said that as humans it’s our duty. We took a vote in class, and a majority of students said that it is not our responsibility. Though I do agree with that, if everyone decides not to stop prejudice, it won’t help. . . . We need to realize that, though it may not be our responsibility, we should take the initiative to “pick up that piece of paper.” People also need to be more accepting. We have to live in the same world, so we should work on being that first colorblind generation and get along.
Stacey Linz
Rosedale

 

In response to your article “Racism May Be Waning, But Are We There Yet?,” I believe that we are there. I believe we are there because we have advanced so much over the years. The world is changing and becoming more ethnically diverse . . . Because of equal rights everyone in the United States has the right to vote and the right to hold a position in the government. For example, in the 2008 presidential [primaries] an African-American man and a woman ran for the Democratic nomination. This shows the change and the beginning of a colorblind society because before this election all of the nominees were white males. Also, in the 1800s, Frederick Douglass’ time, this would never have been possible because in the past only white men who owned land could vote or run for a public office. Also, I learned in history that even after slavery was ended in the United States the freed slaves still did not have the right to vote, and when they finally gained that right to vote they had to pass a test before they were allowed to vote. This contrasts to the current day situation because any citizen over the age of 18 may vote, and any natural born citizen over the age of 35 may run for president. This has a big impact on the ability for everyone to truly be equal politically and socially equal. Also, it gives everyone the equal opportunity to become a leader in their community.
 With the worlds changing and technology, there is also a bigger ethnical diversity in many areas across the country. For example, with immigration from more than Europe, there are now people from Asia, South America, Africa, and the Middle East living in the United States. This ethnical diversity makes people feel worse about racist thoughts and often stop thinking them because of the bigots’ befriending people of other races . . . Also, there can be penalties in the work place for saying something racist similar to punishments for sexual harassment. These punishments can have a big impact on lowering racism and prejudiced thoughts in the workplace.
 Our generation is the first colorblind generation because of everyone having equal rights and opportunities and everyone respects that. The fact that the United States is made up of mostly immigrants from all around the world helps to show this. Also, the fact that we had an African-American be nominated to be a presidential candidate displays in another way that we are the first colorblind generation.
Steve Powell
Dundalk

 

I do not feel that we are there yet. Racism is still very strong and very common within my generation. I do not think that there will ever be a truly colorblind generation because prejudice has been a part of life all throughout the history of the world.  . .  I do feel that we are the most colorblind generation to date. . . . In class we were asked the question, “Where do you think prejudice comes from?” I responded saying that prejudice is a behavior or way that is learned. Most people have learned to be prejudice because of their parents and because of this, prejudice will just continue to be passed on from generation to generation .  . .  I do agree that this is the dawn of a new era and having an African-American president will be a step in the direction toward the colorblind nation because it will make people see things in a different light. Having an African American president will make people treat African Americans with respect and admiration.
We are very distant from a colorblind nation, but through time we may get closer to achieving that goal. However, no matter how much time passes, there will still be bigots in the world that will try to influence people into believing the same as they do.
Amanda Fuller
Essex, MD

In my opinion, I think my generation is more bigoted and they look at color more.  . .  Many people look at race before they look at anything else. For example, some people think that if you listen to rap or R&B, then you have to be black or you want to be black. But if you listen to country, pop, or rock & roll then you have to be white. Then you have people who have this thought that certain people act black or white. I never understood that. Like how do you act black or white? Many of my friends want Barack Obama to win the election because he is black. I mean that’s good and all but most of them don’t know anything about what he’s going to do for the United States. He could be a horrible president, they don’t know that.  The point is people look at color more than anything else in today’s society.
Bianca Genius
Baltimore

I help every person, as much as possible, and don’t see the color of their skin first then determine how they should be helped. . . . The first day I attended pre-school, there was a diverse classroom. Throughout my school career, the diverse classroom hasn’t changed. So I’ve seen classmates and friends, not the color of their skin. I grew up in a diverse community, and with my mother teaching me to treat others the way I wanted to be treated. Not only having the influence of school, but also having the influence from my mother to treat everyone equally. . . . I do believe change is coming in the future with the first “colorblind generation” and that my generation is the start of a “colorblind” country because of the diverse schooling system and communities. If more people would make it a choice of theirs to not speak or act in a prejudice way, then that will show other people that they can do it and it can be done.
Caitlin Engel
Baltimore

I, as a United States citizen, believe that we are truly there.  In the Society today, I feel we are looking past the color of skin to more useful aspects about individuals. In today’s society, many African-Americans are given the same amount of rights as whites. This is the first year we have an African-American running for president.  Many citizens may not like the fact that an African-American is running for president but there is nothing they can do to stop it now.  In your article, it was, “They’ve made Will Smith the top-rated, highest paid movie star and Tiger Woods one of the most popular sports figures of their time.”  This expresses how African-Americans can be just as successful as whites -- that color is not being looked at but how the person performs at what they do best is what’s being looked at.   . . . We have in my eyes become a “colorblind” generation.
Caitlin Wolford
Baltimore


My generation has allowed prejudicial feelings to subside and has allowed us to grow and live together, although there is always, in my opinion, a duty to change the prejudiced and biased feelings that are still alive within the people around us. . . . I accept prejudice as a challenge of our time and believe it is up to us. This world is in our hands; freedom is in our hands.
Chelsea Mealey
Chase

A lot of kids and young adults my age are not prejudiced. Personally, when I am friends with someone, I judge them by their personality and character. Even though the quote “It’s what’s on the inside that counts,’ is used a lot, it is very true. The people and kids in my generation are a part of this colorblind society. Although I think we will never reach a full colorblind world, it is nice to know that people care about this subject so much and take it as their personal duty. . . . Even though there will always be some sort of prejudice being committed throughout the world, I believe that it can be limited through the voice of our people. Although I don’t believe we are there yet, I think we are getting closer to reaching our goal.
Chris Gordon
Overlea

In my opinion, I think we are beyond racism and are really close to complete tolerance of different races coming together in one nation. Most of the racists are older and grew up when blacks didn’t have equal rights; so they automatically think it should stay that way no matter what happens. People from other races are just as likely to succeed as whites are, and the racists have to get used to that and adapt.  . .  Another reason I think racism isn’t going to exist for much longer is because of all the powerful blacks that exist in our country. If Barack Obama wins the presidential election it will signify that most racism is falling off because [it would say] that most of the people in the United Sates would want a African-American to be the most powerful person in the world. . .  The younger generations coming up are much smarter than the previous generations. The kids are much more educated and are being taught to not support racism.
Jake Mardaga
Essex

I am colorblind and many of my friends are colorblind -- at least better than we were in the past where whites and blacks couldn’t even go to the same school. My generation is becoming colorblind but is not there yet. We still have things to fix like the KKK or hate crime. . .  But we have made steps to achieve this goal. It’s only a matter of time now.                                                                                                                                             Jay Dean
Middle River

I strongly believe that many kids my age aren’t racist. We have grown up with much more diversity than our parents did. Our generation is a lot more mixed than the previous generations. Seeing interracial couples is surely not abnormal to us, and we accept it.
Megan Hays
Essex

I don’t think just because one little racial event happens, where blacks are creating another first for them, it can be at all related to a colorblind nation. I do not agree at all with statements made by Mr. Rodricks when he proclaims that this generation is the first colorblind nation ever. I do believe that we are on our way but we have not reached complete colorblindness.
James Emala

Posted by Dan Rodricks at 7:00 AM | | Comments (0)
        

October 11, 2008

The GOP meltdown

Someone convinced that John McCain will lose next month’s election – and go down big, along with the Republican presence in Congress – asked the other day if a disastrous 2008 for the GOP could spark the emergence of a more moderate “Mac Mathias” party in the future. After the Reagan Revolution took hold in the 1980s, the Democratic Leadership Council instructed candidates to move to the middle and appropriate themes from Republicans. The result of that discipline was Bill Clinton, welfare reform and budget surpluses. Now, with a potential meltdown on their hands this year, would the Republicans regroup and do the same?

I presented this question to a Maryland Republican activist and he was pessimistic about such a thing happening within the GOP. When times get tough, he said, the most active and passionate Republicans crank into gear, and for the last two decades that has been the extreme right – the red-meat Republicans out on the campaign trail now, booing John McCain when he asks for respect for Barack Obama, the ones who adore Sarah Palin and want to hear more of the dangerous, Nobama rhetoric of the last week.

The RLC supports low taxes with balanced budgets, strong national defense, an engaged foreign policy, protection of the environment, and “less government interference in individual lives.” So, this is the place for moderate Republicans -- fiscally responsible but socially tolerant; they want lower taxes and less government, but they allow for a range of opinions on social issues such as stem cell research and abortion. Speaking the other night in Missouri, former Sen. John Danforth said that, after witnessing the Bush administration intervene in the Terri Schiavo case, he saw the need for his party to get away from defining itself by social issues. “I thought, 'This was not the party I signed-on for,'" the Missourian quoted Danforth, an Episcopal priest. “During the time I was in office, I don't think it was a mystery what my religion was, just look at my background. I'm ordained. I've never believed anyone voted for me because of that, and I've never believed I should put that into my political agenda."

But the GOP, George W. Bush in particular, made a Faustian deal with the Christian right-wing of the party long ago, and McCain pulled up to that table this summer when he picked Sarah Palin as his running mate. Thus the spectacle of McCain and Palin, on the campaign trail, hearing shouts of “off with his head” and “terrorist” from the nasty crowds that sense a big defeat coming in a few weeks. Thus Mitt Romney, who would have been far more appealing as the candidate at the top of the GOP ticket this year, finds himself playing McCain surrogate in TV interviews, dismissed – even as a running mate -- for being a Mormon. Thus off-the-charts voter registration and a partisan shift to Democrats across the country. Thus, a big lean toward Obama among Hispanic immigrant voters turned off by conservative Republican fear-mongering and rejection of Bush’s compromise – the only good thing about his presidency – on illegals. Thus the possibility of a filibuster-proof Democratic majority, or close to it, in the Senate.

Though it would be a rocky road back for the GOP, it is not impossible for sanity to ultimately prevail, if the moderates that remain get off their rear-ends, just say no to hate-speech and fear-mongering, and take control of the party again. At least one poll in recent weeks, conducted by Princeton Survey Research Associates International for Newsweek, indicated that only 10 percent of Americans now regard family values and social issues -- abortion, guns, marriage -- as a priority for the next president. Crushing those issues in importance were the economy, naturally, followed by taxes and government spending, health care, the war in Iraq and energy policy. Though the extremist-booboisie is making a lot of noise right now, most Americans -- including, apparently, the majority of independent voters -- are looking right past them to much more important issues. If the GOP doesn’t see that and move toward the middle – taking the same kind of advice the DLC dished 20 years ago – it will be years before they have power again. Many years. They could be in for an ice age.

Posted by Dan Rodricks at 8:30 AM | | Comments (4)
        

October 10, 2008

Racist photo no hoax

The comments on this post today have been very interesting. (See for yourself). One reader thought it was a doctored photo. But sorry to say, it's the real thing . . .  Kurt Kolaja, a freelance videographer and filmmaker from Maryland, took this photograph October 5 while visiting family in Pennsylvania, on his way back from a wedding in New York. "My aunt mentioned the sign, so on the way back we grabbed a picture," he says. "This is in Warren County, in northwestern Pennsylvania. It is as scenic a drive as one could hope for. It takes my breath away -- and this time it made me gasp."  

There was a reference to this sign in an Erie, Pa. newspaper talk-thread, but no local coverage from what I can tell. Fortunately, most Americans seem to recognize that we have greater concerns than the color of a prospective president's skin. The road to a color-blind society has been filled with struggle, pain and tragedy -- and some of the sights along the way still are ugly -- but we are getting there.

Ironically, Kolaja's photo -- and this other one, taken at another house nearby --  arrived by e-mail the same day I received a package of letters on race relations and the Obama candidacy from Baltimore County high school students. Excerpts from these thoughtful and revealing letters will be published in this space and in my column on Sunday.

 

Posted by Dan Rodricks at 4:48 PM | | Comments (30)
        

More Dems register to vote

The Democratic Party in Maryland scored a net gain of 12,000 voters in registration since last Friday, extending the blue party's lead over Republicans in the state to 962,589 voters. This is a record margin and it's just getting wider. Since January, Democrats have increased statewide by nearly 160,000 while less than a third of that total, 31,093, have signed up as Republicans. The state also had 470,074 unaffiliated voters as of yesterday afternoon. All kinds of organizations have been staging voter-registration efforts, among them the Maryland Disability Law Center. The MDLC reported yesterday having registered more than 1,000 Marylanders with disabilities to vote in the upcoming  election.  . . . As I reported in last Sunday's column, Maryland, of course, is a blue state getting bluer. But the partisan shift is occuring in places where it hasn't been seen in years. Here's a New York Times story on the subject. For more on the shift, tune into my Midday show on Tuesday. Our guest Bob Moser, Nation contributer and author of Blue Dixie: Awakening the South’s Democratic Majority, argues that the Barack Obama and the Democratic Party have an historic opportunity to build a new generation-long, nationwide majority by tapping into a growing base of left-leaning Americans below the Mason-Dixon line. Here's a piece by Moser on Democratic resurgence in Texas.

Posted by Dan Rodricks at 5:04 AM | | Comments (0)
        

October 9, 2008

On the economy

After the NPR news at 1 pm today, we’ll discuss what the nation’s financial turmoil could mean for businesses, communities, and families in Maryland with Ken Solow, Chief Investment Officer & Founding Partner of Pinnacle Advisory, and Anirban Basu, Chief Executive Officer of Sage Policy Group. Questions for these experts welcome in advance of the show at midday@wypr.org

Midday, 88.1 FM, WYPR

Posted by Dan Rodricks at 11:17 AM | | Comments (0)
        

Ever bullied or been?

Have you ever been a bully, or have you ever been on the receiving end of a bully's abuse? Bullies have been around for a long time, and bullying is a bigger problem in schools across the nation than most parents may realize. Starting in 2006, the state of Maryland started a special effort to curb bullying and harassment in its public schools. . . . Today in this first hour of Midday, we’ll discuss ways of helping students who are the victims of bullying with Catherine Bradshaw, from the Johns Hopkins Center for the Prevention of Youth Violence, and Sharon Boettinger, Supervisor of counselors for Frederick County Public Schools. We’ll also hear from Alexandra Wolff, a Howard County high student and anti-bullying activist who says Olympian Michael Phelps, who was bullied while growing up, is her inspiration.

Midday, 88.1 FM, WYPR

Posted by Dan Rodricks at 9:29 AM | | Comments (0)
        

October 8, 2008

Talking politics

Today at noon on Midday: Let's talk about last night's debate with David Nitkin, White House correspondent for the Sun, and Richard Cross, former speechwriter and press secretary to Congressman/Governor Bob Ehrlich. Coments welcome by e-mail at midday@wypr.org, or call in while we're on the air at 410-662-8780
Midday, 88.1 FM, WYPR
Posted by Dan Rodricks at 10:06 AM | | Comments (0)
        

Generation Joe: Goog' the candidates

Here's the latest from my 20-something Generation Y nephew Joey, this time with an observation about our old-school presidential debate format:

You know what? It's 2008, and we're more technologically advanced than ever. Google and Wikipedia help me find just about everything I need to know. Want to know where McCain went to high school? Wiki it. How  -- if at all -- did Obama vote on issue X? Google it. So, why is it that during a presidential debate, we can't give a moderator a laptop and have him say, "Hold on just a second, Senator, I'm going to look into that right now"?

McCain says Obama voted to raise taxes for the middle-class 67.2 million times in the past three years. Obama says, "Nuh-uh." Well, why not look it up right then and there, on stage, in front of 40 or 50 million voters? That instant fact-checking would surely dissuade the lying and exaggerating. 

Posted by Dan Rodricks at 7:32 AM | | Comments (0)
        

McCain's liberal bailout plan

John McCain, a Republican last we checked, wants to bail out Americans on the brink of losing their homes, and he wants to put $300 billion into the effort -- wherever that figure came from. If Obama had proposed this last night, he'd be condemned as a typical big-spending, big-government liberal who wants to help the nation's losers and create a new welfare state. This might put McCain in the running for most liberal member of the Senate. Was that Theodore Roosevelt or Franklin he said he most admired?

Here's McCain: "I would order the secretary of the Treasury to immediately buy up the bad home loan mortgages in America and renegotiate at the new value of those homes at the diminished value of those homes and let people be able to make those payments and stay in their homes . . . Is it expensive? Yes. But we all know, my friends, until we stabilize home values in America, we're never going to start turning around and creating jobs and fixing our economy, and we've got to give some trust and confidence back to America."

Despite what Fox commentators were saying last night about how McCain's proposal was a surprise -- gee, he didn't run it by Bill Kristol first! -- a speech from McCain's web site suggests the idea has been percolating for some time. Here are excerpts from a McCain speech last March to a small-business group in California. In it, he describes the housing market collapse and suggests bailout for certain homeowners, but be warned: There are segments that might strike you as being in contradiction with that McCain said in last night's debate, starting with this statement: "I will not play election year politics with the housing crisis."

Read on . . .

John McCain Addresses the Orange County Hispanic Small Business Roundtable, March 25, 2008

A sustained period of rising home prices made many home lenders complacent, giving them a false sense of security and causing them to lower their lending standards. They stopped asking basic questions of their borrowers like "can you afford this home? Can you put a reasonable amount of money down?" Lenders ended up violating the basic rule of banking: don't lend people money who can't pay it back. Some Americans bought homes they couldn't afford, betting that rising prices would make it easier to refinance later at more affordable rates. There are 80 million family homes in America and those homeowners are now facing the reality that the bubble has burst and prices go down as well as up.

Of those 80 million homeowners, only 55 million have a mortgage at all, and 51 million are doing what is necessary -- working a second job, skipping a vacation, and managing their budgets -- to make their payments on time. That leaves us with a puzzling situation: how could 4 million mortgages cause this much trouble for us all?

The other part of what happened was an explosion of complex financial instruments that weren't particularly well understood by even the most sophisticated banks, lenders and hedge funds. To make matters worse, these instruments -- which basically bundled together mortgages and sold them to others to spread risk throughout our capital markets -- were mostly off balance sheets, and hidden from scrutiny. In other words, the housing bubble was made worse by a series of complex, inter-connected financial bets that were not transparent or fully understood. That means they weren't always managed wisely because people couldn't properly quantify the risk or the value of these bets. And because these instruments were bundled and sold and resold, it became harder and harder to find and connect up a real lender with a real borrower. Capital markets work best when there is both accountability and transparency. In the case of our current crisis, both were lacking.

The net result is the crisis we face. What started as a problem in subprime loans has now convulsed the entire financial system.

Let's start with some straight talk:

I will not play election year politics with the housing crisis. I will evaluate everything in terms of whether it might be harmful or helpful to our effort to deal with the crisis we face now.

I have always been committed to the principle that it is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers. Government assistance to the banking system should be based solely on preventing systemic risk that would endanger the entire financial system and the economy.

In our effort to help deserving homeowners, no assistance should be given to speculators. Any assistance for borrowers should be focused solely on homeowners, not people who bought houses for speculative purposes, to rent or as second homes. Any assistance must be temporary and must not reward people who were irresponsible at the expense of those who weren't. I will consider any and all proposals based on their cost and benefits. In this crisis, as in all I may face in the future, I will not allow dogma to override common sense.

When we commit taxpayer dollars as assistance, it should be accompanied by reforms that ensure that we never face this problem again. Central to those reforms should be transparency and accountability.

Homeowners should be able to understand easily the terms and obligations of a mortgage. In return, they have an obligation to provide truthful financial information and should be subject to penalty if they do not. Lenders who initiate loans should be held accountable for the quality and performance of those loans and strict standards should be required in the lending process. We must have greater transparency in the lending process so that every borrower knows exactly what he is agreeing to and where every lender is required to meet the highest standards of ethical behavior.

Policies should move toward ensuring that homeowners provide a responsible down payment of equity at the initial purchase of a home. I therefore oppose reducing the down payment requirement for FHA mortgages and believe that, as conditions allow, the down payment requirement should be raised. So many homeowners have found themselves owing more than their home is worth, because many never had much equity in the house to begin with. When conditions return to normal, GSEs (Government Sponsored Enterprises) should never insure loans when the homeowner clearly does not have skin in the game.

 

Posted by Dan Rodricks at 4:10 AM | | Comments (6)
        

October 7, 2008

Prezbate II observed

Random thoughts while watching the second presidential debate of 2008:

This debate was live from Nashville and it was in bad need of a honky-tonk band. Another opportunity lost . . .

10:30 pm: Anna Quindlen is right: This presidential campaign has "jumped the shark." Let's have the election tomorrow and get it over with. Good night, everybody! Good night now.

McCain is warning us about Putin. He sounds authoritative on foreign policy. But are Americans interested in this subject tonight?

McCain scored one for Obama -- he mentioned that Warren Buffet, one of the sharpest, shrewdest, most respected and richest men in the world, is an Obama supporter. There's probably a few millions Americans who didn't know that until 15 minutes ago.

Obama just got General David D. McKiernan's name correct. That's the one Sarah Palin flubbed the other night.

Obama just threw the, "Bomb, Bomb, Bomb, Bomb-Bomb Iran" back into McCain's face, after McCain said he admired TR's walk-softly-and-carry-a-big-stick philosophy.

Both these guys realize the nation doesn't want to hear bickering and personal attacks. So they're generally behaving tonight, and tomorrow the attack ads will be back on TV.

Obama smartly explained his tax plan again, and he is strong here: He's appealing directly to the middle class and pinning tax breaks for fat cats on McCain at a time when the nation's regard for fat cats is at an all-time low. Obama mentioned today's scandal involving that $400,000-plus junket for AIG officials and said they should be fired. Some call this class warfare. I call it sharp rhetoric, smartly timed.

McCain just said he wants a commission to look at Social Security.....zzzzzzzzzzzzzz

Though it would calculate employer-paid health benefits as taxable income, McCain's plan to give individual tax credits so that Americans can shop around for coverage has simple elegance and appeal. A poll released this week indicates that voters who consider themselves independent rank health care and insurance third as an election issue, behind the economy and the Iraq war. It's low on the list for Republicans -- 'cuz most of them already have it! -- so McCain is speaking to an issue of importance to voters who may still be undecided about this election.

The first guy to ask a question, Allen Shaffer, looks like Rod Steiger. Rod Steiger with a deep southern accent.

So far, a dull debate. We've heard all this before.

The people who organized this should have prohibited McCain from using the words, "earmarks," and "maverick."

Amazing. An old lady from Chicago just asked via the Internet what Obama or McCain would ask the American people to "sacrifice" going forward. Imagine that  -- a president asking us to sacrifice something for the country instead of shopping for the country.

It's bald guy night at the debate.

I think the organizers of this show gave everyone in the town hall audience barbituates. They are absolutely expressionless -- like the jury at a federal mail fraud trial.

Tom Brokaw keeps trying to get these guys to keep their comments within the time limits. He's not winning, and Obama seems to be the one who's violating the time rules.

We heard most of this stuff in the first debate. Did I just repeat myself? It's quite likely; there's a lot of that going around.

Only one bald guy was allowed to ask a question. What's up with that?

Posted by Dan Rodricks at 9:21 PM | | Comments (3)
        

Bush: 'Hang in there'

Did you catch W. on the television news tonight? He says y'all just have to hang in there, that these are tough times, and things might look kinda grim -- or "dim" -- but things are going to be brighter tomorrow . . .  tomorrow . . . I love ya. . . tomorrow . . . you're only 104 days away.

"I know that the days are dim right now for a lot of folks," said the President, speaking to workers and management at an office supply warehouse in Chantilly, Va. "But I firmly believe tomorrow is going to be brighter."

 

He doesn't just believe it. He firmly believes it. And there you go. . . . This is how George W. Bush explained why the economic turnaround might take a long time, why Americans will have to be patient as the credit markets recharge: "It took a while to get it frozen. It's going to take a while to get it unstuck."

Reassuring, isn't it? Gives you a lot of confidence in the effectiveness of the bailout billions, doesn't it? Americans' retirement plans have lost as much as $2 trillion in the past 15 months, the head of the Congressional Budget Office said today. The federal budget deficit for the fiscal year that just ended is a record $438 billion. The national debt has passed $10 trillion.

Meanwhile, the worst president of all time (personal net worth: $25 million) must be counting the days (104) -- with almost everyone else -- until he's gone, done, off to clear some brush down on the ranch, and supervise the presidential library at SMU. (We can't wait to see the Katrina exhibit.)

Posted by Dan Rodricks at 8:32 PM | | Comments (3)
        

Eye on McCain

Media Matters Action Network in Washington likes to keep an eye on the media that's keeping an eye on John McCain. It has concluded -- with a great deal of supporting evidence, published in a book earlier this year -- that McCain mostly has had a free ride. He's enjoyed a soft press for years, monitors at Media Matters concluded. Today, the organization put out a list of McCain "lies to expect in tonight's debate," and here are a few:

 CLAIM: Barack Obama voted to raise taxes on people making just $42,000 a year.

 FACTS: Obama did NOT vote to raise taxes on people making $42,000 a year. Any fair observer would agree that in order to accurately say that a politician “voted to raise taxes,” the legislation in question would have to have raised taxes. But this is not the case with the legislation to which this claim refers -- a budget resolution -- and the fact that most people don’t know how such resolutions work helps the lie go unnoticed. . . . What Obama voted for was a budget resolution that, in calculating future revenue, assumed the Bush tax cuts would begin to expire in 2010, as they will under current law. (The lowest level of income affected by the reversion to Clinton-era tax rates is $42,000.) That is the entirety of the basis of McCain’s claim. As Congressional Quarterly wrote in criticizing the claim: “But voting for a congressional budget plan is quite different from voting for a tax increase. Budget resolutions are non-binding, don't have the force of law and don't include precise details on taxes or spending. They're different from legislation that actually raises or lowers tax rates.” . . .  Budget resolutions have no effect on anyone’s taxes. They do not raise taxes, and they do not lower taxes. They set targets for government spending. To repeat, one cannot honestly say that a vote for any budget resolution is “a vote to raise taxes,” particularly when the budget resolution in question merely assumes that the Bush tax cuts will proceed exactly as the Bush administration and Republicans in Congress wrote them.


CLAIM: Obama voted to cut off funding for our troops in Iraq.

 FACTS: While Obama voted against a war-funding bill in May 2007 because it lacked a timeline for withdrawing troops from Iraq, the month before, Obama voted for a war-funding bill that included such a timeline, and, in fact, Obama has voted 10 times for war-funding bills. . . . As FactCheck.org noted, “McCain (who was absent for the vote) urged the president to veto that funding measure, because of the withdrawal language. President Bush did veto it, and McCain applauded Bush's veto. Based on those facts, it would be literally true to say that ‘McCain urged a veto of funding for our troops.’ ”  . . . Morever, by McCain’s standard, he too voted to cut off funding for our troops in Afghanistan and Iraq. McCain voted against the Senate version of a March 2007 bill that would have funded the wars in Afghanistan and Iraq and would have provided more than $1 billion in additional funds to the Department of Veterans Affairs.

 

CLAIM: Obama wants to force people into a government health-care program; his plan is a government takeover of health care. 

FACTS: As nonpartisan groups and media reports have verified, Obama’s plan is NOT for government takeover of health care.. . .  Obama’s plan allows people to keep the insurance they have now or enroll in a plan similar to what members of Congress have, which gives people a choice between a variety of private insurers. Obama’s plan would offer a government plan similar to Medicare, but enrollment in that plan would be completely voluntary. Under Obama’s plan, neither the health care system (as in Canada and Great Britain) nor the health insurance system (as in most European countries) would be “government run.” Even if it was passed in its current form, Obama’s plan would not place a government bureaucrat “between you and your doctor,” as McCain has asserted. 

CLAIM: John McCain led the charge to reform Freddie Mac and Fannie Mae, while Barack Obama and congressional Democrats opposed such efforts.

FACTS: McCain signed on as a co-sponsor to a 2005 bill that would have increased oversight of Freddie Mac and Fannie Mae 16 months after the bill was introduced, when the housing collapse was “well under way,” according to FactCheck.org.  . . . McCain’s actions on behalf of the bill amounted to little more than signing on belatedly as a co-sponsor and delivering one short speech on the Senate floor. A New York Times article investigating McCain’s action on the legislation reported that McCain “overstates the role he has played.”  . . . The claim that Obama and the Democrats were “silent” on the issue is also misleading. In fact, even though McCain and his fellow Republicans were in control of the Senate at the time, the 2005 bill never made it to the Senate floor. While some key Democrats did express reservations about the bill, particularly over a provision that would have limited the size of the two companies’ portfolios, it’s a stretch to say that Obama and Senate Democrats killed the reform since the Republican-controlled Congress never even brought the bill to a vote. 

CLAIM: Obama has a close and meaningful “association” with former ‘60s radical William Ayers. 

FACTS: Ayers is neither a close friend nor an adviser of Barack Obama’s. He has no involvement in Obama’s campaign.  . .  . The “association” of Obama and Ayers, as has been extensively documented, consists of (1) a 1995 meeting of Chicago political figures at which Obama appeared, which took place in Ayers’ home; (2) the fact that the two served together on the board of the Woods Fund, a charitable organization; and (3) the fact that the two attended six meetings of the board of the Chicago Annenberg Challenge, a program funded by the late Walter Annenberg, a longtime Republican donor and Richard Nixon’s ambassador to Great Britain. Obama chaired the group’s board, and Ayers attended the meetings to brief the board on education issues. But as The New York Times reported on October 4, “the two men [Obama and Ayers] do not appear to have been close. Nor has Mr. Obama ever expressed sympathy for the radical views and actions of Mr. Ayers, whom he has called ‘somebody who engaged in detestable acts 40 years ago, when I was 8.’ ” Indeed, Obama was not in any way involved in Ayers’ actions in the late ’60s and early ’70s; Obama was between 8 and 11 years old at the time of the bombings in which Ayers said he participated as part of the Weather Underground.

CLAIM: Obama is the most liberal member of the U.S. Senate. 

FACTS: There are many ratings of members of Congress; only one -- and one that used a subjective methodology -- found Obama to be the Senate’s most liberal member in 2007. . . . The source for the claim is the National Journal’s 2007 Vote Ratings. Unlike other ranking systems that use all or most votes cast, this ranking is based only on 99 “key” Senate votes selected by National Journal reporters and editors. Among the votes Obama cast that earned him National Journal's "most liberal senator" label were those to implement the 9-11 Commission's homeland security recommendations, reauthorize and expand the State Children's Health Insurance Program, support embryonic stem-cell research, and oppose the repeal of a federal minimum wage. By contrast, a study by political science professors Keith Poole and Jeff Lewis that used every non-unanimous vote cast in the Senate in 2007 to determine relative ideology -- in other words, not a subjective assessment of which votes are “key” -- placed Obama in a tie for the ranking of 10th most liberal senator. American Enterprise Institute resident scholar Norman J. Ornstein has also criticized the National Journal's rating of Obama, calling it "pretty ridiculous."

Posted by Dan Rodricks at 4:37 PM | | Comments (5)
        

See you tonight

I'm working two jobs -- actually three, if you include this blog. So I'm going over to the couch now. I've set the alarm for 7 p.m. I'll be up watching the debate and blogging madly during it -- Rod Around The Clock. I'm going to drown myself in some high-octane coffee, then blog, like, every 60 seconds (picture Jon Lovitz non-stop typing and channeling Stephen King, SNL, 1987) about stuff happening in the debate. I would like some comment partners -- that is, voters who haven't made up their minds on a candidate yet (Indies please!), who have laptops and who can fire off retorts as quick as I write blog posts. We'll laugh, we'll bicker, we'll jab and punch . . .  we'll fill the blogosphere with trenchant observations about B'Obama Ol' John. Then we'll go to bed.
Posted by Dan Rodricks at 3:47 PM | | Comments (0)
        

Assertions and facts

Here is a followup to yesterday's political discussion on the Midday show. I will be reading this on the air after the NPR news at 1 pm, and then we'll attempt to have an objective analysis of something that actually matters in the 2008 presidential election -- what Barack Obama and John McCain propose to expand and pay for health care in the United States.


YESTERDAY ON THE SHOW, A CALLER AND A GUEST BOTH MADE ASSERTIONS THAT WARRANTED FACT-CHECK AND FOLLOWUP. THE CALLER ASSERTED THAT (QUOTE)  JOHN MCCAIN PUSHED A WOMAN IN A WHEELCHAIR . . .(END QUOTE) AND, HAVING NEVER HEARD THIS CHARGE MADE BEFORE, I DECIDED TO END THE CONVERSATION AND LOOK INTO THE MATTER LATER. IT’S BAD ENOUGH THAT THE TWO PRESIDENTIAL CANDIDATES HAVE NOW RESORTED TO CHARACTER ATTACKS IN THE LAST MONTH OF THE CAMPAIGN; WE DON’T HAVE TO COMPOUND IT WITH UNFOUNDED ASSERTIONS ON THIS SHOW . . . . 
JUST BECAUSE IT HAS BEEN REPORTED SOMEWHERE ELSE – AND SOMEWHERE ELSE THESE DAYS COULD BE ANYWHERE FROM A PARTISAN BLOG LIKE THE UFFINGTON POST TO WIKIPEDIA – WE DO NEED TO MEET A STANDARD FOR VERACITY AND THE SOURCE MUST BE CREDIBLE. . . . 
HERE’S WHAT I FOUND OUT….. IN A SEPT. 7 STORY BY REPORTERS OF THE MCCLATCHY NEWSPAPER CHAIN, PUBLISHER OF NUMEROUS PAPERS, INCLUDING THE SACRAMENTO BEE AND THE PHILADELPHIA INQUIRER, JOHN MCCAIN’S TEMPRAMENT WAS EXAMINED. THE HEADLINE WAS, MCCAIN’S HISTORY OF HOT TEMPER RAISES CONCERNS. DEEP IN THE STORY, THERE’S REFERENCE TO MCCAIN’S RELATIONSHIP WITH FAMILIES OF VIETNAM POW/MIAS, ADVOCATES WHO FELT THE ARIZONA SENATOR HAD NOT COOPERATED WITH THEIR DEMANDS FOR MORE INFORMATION IN THE EARLY 1990S.
HERE’S AN EXCEPRT FROM THE REPORT:

Some families of POW/MIAs  . . .  charged that McCain hadn't been aggressive enough about pursuing their lost relatives and has been reluctant to release relevant documents.
In 1992, McCain sparred with Dolores Alfond, the chairwoman of the National Alliance of Families for the Return of America's Missing Servicemen and Women, at a Senate hearing. McCain's prosecutor-like questioning of Alfond — available on YouTube — left her in tears. Four years later, at her group's Washington conference, about 25 members went to a Senate office building, hoping to meet with McCain. As they stood in the hall, McCain and an aide walked by. . . . Six people present have written statements describing what they saw. According to the accounts, McCain waved his hand to shoo away Jeannette Jenkins, whose cousin was last seen in South Vietnam in 1970, causing her to hit a wall. . . . As McCain continued walking, Jane Duke Gaylor, the mother of another missing serviceman, approached the senator. Gaylor, in a wheelchair equipped with portable oxygen, stretched her arms toward McCain. "McCain stopped, glared at her, raised his left arm ready to strike her, composed himself and pushed the wheelchair away from him," according to Eleanor Apodaca, the sister of an Air Force captain missing since 1967. McCain's staff wouldn't respond to requests for comment about specific incidents.

You’ll notice that the only witnesses are POW/MIA activists who were at odds with McCain. Even in situations where numerous witnesses all swear to seeing or hearing the same thing, if they all have axes to grind, such accounts can’t be considered wholly credible. That doesn’t mean they shouldn’t be reported – they should, but characterized as charges and assertions and the sources fully identified so that we understand the nature and context.

For more on McCain's rocky relationship with families of POWs/MIAs, here is a Sydney Schanberg piece from The Nation.

Supporters of Barack Obama would want the same standard met in any reporting about his connection to William Ayers, for instance. He is the former Weather Underground radical who has been linked to Obama, most recently by the Republican vice-presidential candidate Sarah Palin. She referenced this over the weekend, telling a large crowd in Carson, California, that Obama “sees America as imperfect enough to pal around with terrorists.”

A guest on yesterday’s show, Carmen Amedori, western Maryland coordinator for the McCain campaign, pointed out that William Ayers had told the New York Times after the 9/11 attacks on the World Trade Center and the Pentagon that he did not regret his days of raging against the Vietnam War, which included plotting with others in the Weather Underground the bombing of the Pentagon and the US Capitol in 1969. Much has been made of the fact that Ayers expressed this unapologetic sentiment immediately after 9/11, but he has said the quotes were from his memoir, Fugitive Days, published before 9/11, and were given to the Times wholly in the context of Vietnam War protests and not the al Qaeda-linked attacks on the U.S. in 2001. Ayers denied that the Weather Underground members were terrorists. "The reason we weren't terrorists,” he told an interviewer, “is because we did not commit random acts of terror against people. Terrorism was what was being practiced in the countryside of Vietnam by the United States."
If you want to read more about the relationship between Obama and Ayers, go to this New York Times piece of October 3 by reporter Scott Shane.

Posted by Dan Rodricks at 10:52 AM | | Comments (1)
        

A Hope In The Unseen

Have you read this book?

Ron Suskind's A Hope in the Unseen is about a young man’s journey from poverty to the Ivy League. It’s also the choice of One Maryland/One Book, the first statewide community reading program, sponsored by the Maryland Humanities Council. Today's edition of Midday features a live, on-air discussion of A Hope in the Unseen with Maryland First Lady Katie O’Malley and Enoch Pratt Library Director Carla Hayden. If you've read the book, please post your comments on this blog, send comments by e-mail at midday@wypr.org, or call during the broadcast between noon and 1 pm at 410-662-8780

Posted by Dan Rodricks at 8:45 AM | | Comments (2)
        

Slots, slots, slots

Readers already have a lot to add to today's column about the slots referendum.

You forgot one: YOU DISLIKE DEMOCRATS.  . . You're upset that Democrats killed slots six years ago because we had a Republican Governor. Since Maryland could have been reaping the effects of slots for almost a decade and the money would have been flowing into our state instead of neighboring states. . . . Because Democrats hate Republicans so much they would rather hurt Marylanders than have helped pass slots long ago. Now that the shoe is on the other foot, you will definitely play their game and vote against slots. I was born and raised in Baltimore. Except for my time in the military and at college, I have lived here all my life.  . . . I was a Democrat, Independent and now am a Republican. The Democrats continue, without thinking of Maryland first, to destroy this state. The only reason we have a billion dollar shortfall next year is because Governor O'Malley raised spending by two billion and taxes by the same. The taxes aren't coming in the way he planned, thus the shortfall. . . . I still love the Baltimore Sun, I have read it all my life. I receive it every day. Your definitely a better paper that the Examiner. I still love reading your articles even if we do disagree.
-- Joe Gutierrez

You forgot one argument and…I believe…a big one namely this:  People, including myself, voted for Bob Ehrlich when he ran against Kathleen Kennedy Townsend because he was pro Slots.  He won  and….the Democrats, when they saw that there wasn't enough in it for themselves monetarily and ... since they would NEVER vote for anything a Republican Governor proposed that might benefit the State, voted it down…..consistently.  Now that there is a Democratic Governor, still gutless to make the call themselves, our "beloved" elected officials put it in a referendum for the people to decide.  If it were passed during Mr. Ehrlich's' first year in office there would have been no need for the "Special Session" held to raise everyone's Taxes as the Slots monies would have been rolling in.  Because of this…I will be voting against Slots this time around as I do not want this charade to continue and…since I soon will be retiring and leaving this "Tax Hell" State those of you who remain can deal with the deficit this voting down of Slots will perpetuate.
-- Bill Zambiasi

This past weekend I was visiting family in Connecticut and read a very interesting article in the Sunday Hartford Courant. It was a thorough examination of  the decline of revenues at both the Foxwoods and Mohegan casinos. Foxwoods announced a 7% workforce reduction following a 3% reduction that had occurred earlier in the summer. (I may have the statistics wrong - please double check the article). . . . Those in the industry interviewed stated that the high growth of gambling revenues would NEVER return due to:
1. Decline in the economy - revenue projections were being vastly revised as business declined.
2. With increased gambling venues in PA, NY and now MASS considering allowing slots, CT would never realize the gains it once had. The article noted that with major new facilities being built in Philly in particular, they were expecting less business.
So - with this well-established gambling venue in a decline and projected even less business in the future, what are our state leaders doing to revise their estimates of how much revenue MD might experience IF gambling is legalized in MD?
I personally disagree with using gambling as a way to balance the state budget. It is a sad day when a state with one of the highest incomes in the nation as to resort to gambling to educate our children. Seems we have our priorities far in the wrong order.
As the state takes a serious look at budget cutting and revenue projections, it should take the time to examine the gambling industry and current experiences in other states as well. This may not be the golden egg we have been led to believe.
-- Missy

Just read your column this morning about slots. I agree with just
about every point you made -  however  -  I whole-heartedly disagree
with the concept of enshrining slot machine gambling in our state's
constitution. The fact that 54% of MD'ers support slots should be
enough to pass a bill. If the bill won't pass then we need to
reexamine the whole process of representative government if our
elected representatives will not do as we bid them. Or better yet, we
should oust them from their jobs and elect those who will do as the
people wish. . . . I am an equestrian and a former educator -  two things that will be
saved and helped through the cash infusion of slots but there has to
be a better way than an amendment.
-- Bryan Y. Fischer

Posted by Dan Rodricks at 8:15 AM | | Comments (2)
        

October 6, 2008

Highway to Somewhere

Today at 1 pm on Midday: Stan and Sandra Phillips Posner, authors of Drive I-95: Exit by Exit Info, Maps, History and Trivia, will pull-off the interstate long enough to stop by the WYPR Midday studio and tell us about some of the best little restaurants, roadside amusements and sneakiest speed traps along I-95.

Midday, 88.1 FM, WYPR

 

Posted by Dan Rodricks at 11:30 AM | | Comments (1)
        

October 5, 2008

Teens and the vote

Last December, the Maryland Board of Elections reinstated policy allowing 17-year-olds who would turn 18 before the November general election to cast ballots in the Democratic or Republican primaries of February. Those kids had to register by Jan. 22. A lot of them did and -- to no one's surprise -- the majority registered with the Democratic Party. The numbers have been not widely reported, but here they are: Of the 15,235 17-year-olds who registered, 8,593 signed up as Democrats, 2,604 did not pick a party affiliation and another 4,038 signed up as Republicans or other affiliations. There has been a lot more registration since then among the 17- and 18-year-olds. Check out today's column for more.

Posted by Dan Rodricks at 5:51 AM | | Comments (0)
        

October 4, 2008

A little HBO gossip

Heard on The Avenue: Some Baltimore neighborhoods -- including Hampden -- are being scouted for location shots for a new HBO half-hour comedy, "The Washingtonienne," based on the novel by Jessica Cutler, the former Congressional aide who wrote the porn-blog based on her sex life with D.C. politicos. Sarah Jessica Parker is executive producer and shooting is to begin Oct. 27 here and in Washington.

 

Posted by Dan Rodricks at 6:14 PM | | Comments (0)
        

Fall day trips

Last Wednesday on Midday, we talked with travel writer Marty LeGrand about the best places in and around Maryland to see fall foliage and enjoy an autumn day trip.  As always, a bunch of savvy Midday listeners -- and we think one of them was a certain elected official from the Eastern Shore name'a Wayne -- called and e-mailed in their favorites as well. So we’ve collected all of your ideas and posted them on the Midday web site.  You can see the whole list by going to the station’s homepage.  If you scroll down to the Midday section, you’ll see a link you can click that will take you straight to listeners’ fall day trip suggestions.  And if you missed the program or just want to hear it again, you can stream the show from the webs ite.  That also goes for any Midday broadcast from the past month.

Posted by Dan Rodricks at 8:12 AM | | Comments (1)
        

October 3, 2008

Elijah: Principled and verbose

Elijah Cummings changed his vote from nay to yay, and here's his explanation -- in full, if you can handle the angst:

This has been one of the most difficult votes of my 12 years in the Congress, and I know that my colleague, Donna Edwards, has shared this dilemma with me. There is no doubt among any of my colleagues that we need to take action, and that we need to act quickly.

“Yesterday morning, one of my neighbors whose house is in foreclosure—a man who lives just a few doors down from me on Madison Avenue in Baltimore—summed it up best. He said, ‘Elijah, I have been hearing about this bill to help out Wall Street, but what is in the bill to help me? What is in there to help save my home?’ And, I had to tell him—not very much.

“What we need is a balance—something that benefits everyone, on every street. We need something that does not just put a patch on the problem, but that gets to the heart of the problem to keep this from happening again in the future. Sadly—very sadly, this bill does not fully address those concerns. 

“At the same time, my stomach turns when I think about the men and women who have worked hard their entire lives who risk losing large portions of their savings if we do not act now. It literally makes me sick to think about these people waking up and finding that their portfolios have decreased  by 30 percent. When I think about the young people in my home town of Baltimore who are relying on loans to go to college and uplift themselves and their communities—when I think about these students being shut out from education because they can’t get loans, it makes me ill. And, it makes me sick when I think about Drew Greenblatt, who came to my office yesterday because he is in danger of not being able to make his payroll—which would force him to begin laying off his employees—almost fifty of whom are my constituents in Baltimore.

“This legislation is very far from perfect—but it is a necessary start.  Ms. Edwards and I voted against the bill the first time it was on the House floor, and we are both original co-sponsors of an alternative plan authored by Representative DeFazio that offers a fiscally responsible alternative to a Wall Street bailout.

“The legislation under consideration today includes some of the provisions of our alternative legislation—including increasing the FDIC limit. While we would like to see something more comprehensive, that is just not a possibility at this point. For days, I have wrestled with this decision, and there are ultimately three factors that tipped the scales in support of the bill.

“One: I talked at length with Congressman Barney Frank last night about my concerns that there is not enough help for people facing foreclosure. We went through the pages of the bill together, and he showed me the measures included that will help men and women like my neighbor who are trying so desperately to cling to their dreams. It encourages servicers under the HOPE program to restructure loans whenever possible and allows renters to stay in foreclosed homes where permissible. I admit, what we discussed is not what I would like to see. More than anything, I want the government to allow bankruptcy judges to modify mortgages for primary residences. But, this is indeed a start.

“Two: I talked at length with Speaker Pelosi, voicing my concerns that there is just not enough for the people of Madison Avenue in Baltimore. She assured me that this is not the end; rather, it is just the beginning. I have the utmost respect for her and take her at her word, and I am confident that the people in Baltimore—and throughout the rest of the country—have not been forgotten. This bill gives us the leverage we need to push through real reform to fix the problems that have brought us to the brink of the destruction of our economy.

“Three: I talked at length with my good friend Senator Obama. Barack and I have always been on the same page about this issue. The two of us were warning our colleagues about predatory subprime lending long before it hit the headlines. I know that he understands the plight of the American family right now, and I know that he will be true to his heart on taking every single step necessary to fix our economy and restore people’s lifetime dreams once he is President.  And, he has assured me that the Treasury Secretary in his administration will aggressively use the authorities granted to him or her in this bill.

“There is no guarantee that this recovery package will work. But, what it will do is keep things from getting worse while we have time to go back to the drawing board and craft legislation that brings the reforms we really need—the reforms that President Obama will fully back.  What it will do is make sure that Mr. Greenblatt will be able to keep his employees—and make sure he does not need to turn away contracts because he cannot get credit.

“We—the U.S. Congress—are the last line of defense for men and women across the nation. We are their last hope.  It is time for us to step up to the plate and lead.  This is our watch, and we must act right now, for this very moment.  I would have liked to see much more included in this package for the people back home in my district, and I give my word to everyone in the 7th District of Maryland that this is only the beginning and that they will not be forgotten.


“For these reasons—because I believe that this is not the end, but is just the beginning—I have decided to support today’s legislation, and I encourage all of my colleagues to do the same.”

Posted by Dan Rodricks at 4:06 PM | | Comments (3)
        

Dutch: Still 'not a bailout'

It's a little long -- if you can bear it -- but this is how the congressman from Bawlmer County responds to constituents who hated the $700 billion bailout package he and other members of the House passed today:

I am writing in response to your communication about the Emergency Economic Stabilization Act (EESA), also known as the rescue package for the American financial system.

Many of my constituents have contacted my office to express their views on this legislation. I have reviewed your comments and I respect the fact that you took the time to make me aware of your position.

I voted for this legislation because inaction would seriously threaten the economy for middle-class families in my district. I do not support everything in this bill, but it is necessary because it will allow our local banks to continue lending money to families and small businesses.

Our national economy is experiencing serious financial problems. As demonstrated by the recent dramatic fall in stock prices, the largest one-day point drop in the Dow-Jones Industrial Average in our nation's history, this situation is an emergency. Congress had to take immediate action.

Let me stress that this is not a bail out of Wall Street. The bill Congress approved is very different from what the Administration proposed. It is focused on helping American families, the communities we all live in, and the local businesses we all rely upon. Any investment of federal tax dollars in financial assets of these firms will give the taxpayers an equity share and a chance to recover these tax dollars in future profits. Both the Office of Management and Budget and the Congressional Budget Office forecast the total cost of this action will be significantly less than the amounts discussed in the media.

The Emergency Economic Stabilization Act provides $250 billion in initial funds now, with an additional $450 billion available if approved by Congress next year. The EESA protects American taxpayers by:

* Requiring that the President propose legislation to raise revenue from the financial industry in order to offset any net loses to the taxpayers. This step is to ensure that American taxpayers and future generations are not left with this debt.
* Increasing the limit for federal deposit insurance from $100,000 per account to $250,000. FDIC insurance protects AmericansÂ’ checking and savings accounts if a bank becomes insolvent, and this provision was vital to give confidence to every family that their savings and their retirement funds are safe.
* Permitting the Treasury Department to take an ownership share in any company that participates in the program. The ownership share would allow the government to receive a portion of the future increased value of these assets if they were to become profitable after the government bought troubled assets. This gives taxpayers an equity share in the participating companies with a chance to repay the emergency funding from appreciated assets.
* Providing tax relief to over 22 million Americans by fixing the Alternative Minimum Tax (AMT), keeping it from impacting middle-class families.
* Helping Americans keep their homes and to avoid foreclosure. It requires that firms participating in the plan help families who are behind in their mortgage payments renegotiate the terms of their loans to make them more affordable.
* Requiring Congress to exercise constant oversight over the bailout funds to make sure that the money is accounted for and spent wisely. This oversight will allow for the development of responsible regulations to prevent this situation from occurring again.
* Limiting compensation packages of the executives of these companies. No golden parachutes. The executives that created this problem should not be rewarded with taxpayer dollars.
The initial plan called for billions to secure failing financial institutions, administered at the discretion of the Treasury Secretary without oversight or accountability. That was a bad plan, and we worked to secure tough, real-time oversight of the process. This new package goes beyond just shoring up the economy. It provides a clear path to help homeowners stay in their homes, helps business owners get access to desperately needed capital, unfreeze the credit markets, and it starts much needed reforms of the financial sector so that we are never in this economic situation again.

Unemployment in the United States is at a seven-year high, energy prices are at historic highs, and already burdened Americans are seeing the collapse of major U.S. financial institutions. I have spoken to economists and business managers from across the political system, and they agree that Congress had to act quickly to stabilize our economy.

History gives us guidance about the right approach in a crisis like this. At the start of the Great Depression, President Herbert Hoover chose to stand aside while the financial system collapsed. We cannot stand aside and allow this crisis to harm American's homes, savings accounts, and retirement investments.

I believe the alternative to this bill--to do nothing--would have devastating consequences for our economy that would bring great harm to every community in America. If we let our financial sector fail, all American businesses would suffer greatly. The failure and collapse of these companies would hurt the availability of all lines of credit, so that commercial banks would not be able to lend money for a home, college loan, or small business investment.

We all have the right to know how we got here, why this rescue plan is important, and how we are going to transparently and responsibly move out of this financial crisis. One of the main reasons that we are in the crisis is the lack of proper safeguards and regulations of the financial services industry, regulations which were removed by this Administration over many years. I will fight to make sure that this plan puts the average person first, protects American taxpayers by allowing them to share in the profits and recover assets, and includes strict accountability and oversight. We also need to understand how we got into this situation. The House Committee on Oversight and Government Reform, CongressÂ’s investigative body, is already planning hearings in the coming weeks to investigate the root causes of this crisis and hold people responsible.

Thank you for sharing your views on this issue. I certainly hope that we begin to see the economy improve as a result of this action. Please do not hesitate to contact me in the future if you have any questions or comments.

To receive additional information about issues that are facing Congress, Maryland and the nation that may affect you and your community, please visit me at my website at www.dutch.house.gov and sign up for my periodic e-mail newsletter.

Sincerely,

C.A. Dutch Ruppersberger
Member of Congress

 

Posted by Dan Rodricks at 4:01 PM | | Comments (0)
        

Shining city on a hill

Sarah Palin invoked Ronald Reagan a few times last night, pulling up endgame Cold War rhetoric  -- "Freedom is always just one generation away from extinction" --  and even refering to the country as "that shining city on a hill." That's a famous Reaganism from his White House days, when The Great Communicator used to wonder openly why some people were complaining about economic conditions -- there was a recession, after all, the worst since 1932 -- when it was "morning in America." That presented Joe Biden with a great opportunity for a comeback but the senator missed the chance. Certainly he must have remembered the even more famous use of "shining city on a hill" by Mario Cuomo at the 1984 Democratic National Convention. Reagan might have coined the term -- it was based on a phrase from a sermon from a much earlier time -- but it was Cuomo who turned it gold:

Ten days ago, President Reagan admitted that although some people in this country seemed to be doing well nowadays, others were unhappy, even worried, about themselves, their families, and their futures. The President said that he didn't understand that fear. He said, "Why, this country is a shining city on a hill." And the President is right. In many ways we are a shining city on a hill.   . . . . But the hard truth is that not everyone is sharing in this city's splendor and glory. A shining city is perhaps all the President sees from the portico of the White House and the veranda of his ranch, where everyone seems to be doing well. But there's another city; there's another part to the shining the city; the part where some people can't pay their mortgages, and most young people can't afford one; where students can't afford the education they need, and middle-class parents watch the dreams they hold for their children evaporate.
In this part of the city there are more poor than ever, more families in trouble, more and more people who need help but can't find it. Even worse: There are elderly people who tremble in the basements of the houses there. And there are people who sleep in the city streets, in the gutter, where the glitter doesn't show. There are ghettos where thousands of young people, without a job or an education, give their lives away to drug dealers every day. There is despair, Mr. President, in the faces that you don't see, in the places that you don't visit in your shining city.
In fact, Mr. President, this is a nation -- Mr. President you ought to know that this nation is more a "Tale of Two Cities" than it is just a "Shining City on a Hill."

 

 

Posted by Dan Rodricks at 4:06 AM | | Comments (1)