Too Rich to Fail?

Budget shortfalls in many states have helped shine the spotlight on fiscal responsibility, but as we've seen in Wisconsin when there are political careers on the line rhetoric tries to muscle its way into the spotlight, too. There is no guarantee of objectivity left in commercial "mainstream" media in the U.S. anymore; the chase after "bottom line" success has also chased truth and journalistic standards into full retreat.

Now elected so-called leaders want to chase education into full retreat, too. With the full complicity of ratings-driven networks who will present any side of an issue if they make a buck today, the folks who can afford to pay as much for their kid to attend an elite private academy every year as the rest of us can justify for a graduate school have decided public schools and the people who teach them are no longer a priority.

"...in the derivatives market alone, $600 trillion is in play. That’s why the players, and the Chamber of Commerce, are lobbying so hard to be left alone..."

from "$6 Trillion in play: derivatives markets"
18 February 2011 at realitytax

We bailed out Wall Street bankers after the 2008 crash caused by years of risky business put our economy in a tail-spin, supporting their lavish lifestyles, sky-high salaries, and jaw-dropping year-end bonuses; in exchange they demand we reduce taxes on the ultra-rich while our bridges crumble, potholes proliferate, and we're reducing the modest paychecks and threatening the retirement benefits of public school teachers? In the land of opportunity? Seriously?


We've let corporations and lobbyists build a system where the rule is that some are not only being asked to pay less than their fair share, but they're also too rich to fail. What's next, taking away the collective bargaining rights that made this country great by building the middle class into the engine of the world's greatest economy? We can do better than this; on behalf of our children we must do better than this.

In 2009, "America’s top 25 hedge fund managers earned an average of $1 billion each — enough to pay for 20,000 teachers." Former Secretary of Labor Robert Reich 3 May 2010

Political Correspondent Thomas Hayes is a former Congressional Campaign Manager; he's a journalist, photo/videographer, entrepreneur, and communications consultant who contributes regularly on topics ranging from economics and politics to culture and community, who incidentally stands in solidarity with the citizens and workers in Wisconsin refusing to let their Governor's self-created budget "crisis" and new spending priorities be re-cast as a reason to undermine contractual obligations and collective bargaining agreements.

You can follow Tom as @kabiu on twitter. Tweet

GOP Midterm Mandate? Not so much...

We know that the voters who turned out tended to be older, richer, and whiter than the U.S. population as a whole, but a new McClatchy-Marist poll suggests the majority of Americans didn't give the GOP any mandate - in fact, they tend to lean toward taxing the rich, and tweaking the health care reform, not extending the Bush Tax cuts and repealing what opponents insist on calling Obamacare.

For instance, while the survey did find that mandates for buying health care don't sit well with voters, some of the other changes, such as the end to denying coverage for pre-existing conditions, enjoy the support of 2/3 of those surveyed. From the article:

Another 35 percent want to change it to do more. Among groups with pluralities who want to expand it: women, minorities, people younger than 45, Democrats, liberals, Northeasterners and those making less than $50,000 a year.

Not surprisingly there's broad support for asking the wealthy to pay a fair share on tax day, too. But the mainstream media seems intent to echo the Republican's claim that they've got an overwhelming mandate, and ignoring both the folks who point out that the pundits are glossing over the actual data and the reality that the current President actually lowered taxes for most Americans - just not ratings friendly stories, you see?

What the Republicans have got is success turning out voters in a mid-term election, and despite their protests that "the media" has "liberal bias" they've got control of the reports that get air-time. I'll give them credit for that.

Read more about the results at McClatchy. 

Thomas Hayes is an entrepreneur, journalist, political strategist, and photographer who recently worked as the Campaign Manager on the Madore For Congress campaign in Minnesota's 2nd District. He contributes regularly to a host of other web sites on topics ranging from economics and politics to culture and community.

Spinning Surveys -- keep thinking

You've probably seen recent stories that over 40% of Republicans -- or an even higher fraction of Tea Partiers -- think the current President wasn’t born in this country. You may also have heard Rush Limbaugh talking about what the people surveyed think in dramatic (or even bombastic) terms. It's spin.

Here's the thing:

No matter if you’re listening to Limbaugh, watching cable TV, or reading about it in Salon or your favorite blog-site, the surveys only tell you what people say, not what they think. Pundits are free to theorize about what the survey means, but to go beyond and tell us what people are thinking? That is plain, unmitigaged guessing, and it's almost certainly motivated by the desire to keep ratings up and make money from ads - which sadly relies all together too much on spin intended to keep you coming back for more, no matter if the source is right-leaning or left-leaning politically.

Allegedly expert commentators and media darlings alike may choose to infer the Republicans responding to such surveys “think Obama wasn’t born in America,” but it’s equally valid to infer they simply wish that he wasn’t -- you could even suggest they want you to think they think he wasn’t born here, but the fact remains that all you know is what they've said.

The data, the facts, are how those people responded, nothing more. You can’t know what a person is thinking; that's why the American legal system, for instance, is predicated on actions, not media coverage, commentator speculation, or inferences drawn by partisan pundits paid to keep ratings up.

Keep thinking.

Thomas Hayes is an entrepreneur, Democratic Campaign Manager, journalist, and photographer who contributes regularly to a host of web sites on topics ranging from economics and politics to culture and community.

Pawlenty's "red hot smoking wife" a calculated tittilation

A topless First Lady?

While it’s arguably inappropriate, sexist objectification of his spouse to bolster his career when lame-duck MN Governor Pawlenty describes her as his “red-hot smoking wife,” I disagree with Wonkette’s characterization that it’s “two years early.” If Obama hadn’t started early he might not be President, and remember Pawlenty isn't exactly breaking new ground: Senator McCain tried to woo votes from Harley riders by suggesting his wife enter the topless Miss Buffalo Chip contest in Sturgis in 2008.

If voters made their choices rationally the political calculus of candidates and campaigns would be very different. Pawlenty used his wife to further his personal goals. Voters often rationalize when interviewed, but research proves the decisions are more often based on emotion than intellectual evaluation.

Campaigns get longer and more costly all the time because mainstream media producers see candidate spending as helping their own bottom lines. In other words, it’s also arguably a conflict of interest to base so much of the determination of a campaign’s viability on successful fund-raising. True, in many cases advertising is a crucial factor, and we all accept that one of the keys to advertising success is repetition across a wide range of media to generate the maximum number of impressions. Yet wouldn’t it be refreshing for a network or newspaper to cap the dollar amount on political ads they’d take at some reasonable level?

Voters report they’re actually annoyed by the saturation of TV as elections approach; in some cases the result seems to be tuning out altogether. Meanwhile where are the balancing stories about what the candidates have actually accomplished, how a candidate runs an efficient and fiscally restrained campaign focused on issues instead of fund-raising, or which ads are to distract from facts or obscure their votes while echoing slogans and talking points in much the same way Budweiser hammers away with their “King of Beer” message.

Pawlenty knows “earned” media coverage is less costly than buying ads, and he’s got the recent examples of Palin and Bachmann proving the press loves provocative statements more than substantive discussion. Any “news” outlet is reliant on ad revenues, which are in turn driven by ratings.

Look how quickly most mainstream media companies jumped on the Shirley Sherrod story – a hint of controversy and the race for viewers/readers was on without what we used to think of as journalistic integrity, all in pursuit of the mighty dollar. Pawlenty certainly doesn’t want the national press talking to disgruntled Minnesotans or economists about how his “no new taxes” mythology has driven down quality of life and scuttled the state budget.

Look for conflicts of interest in coverage, and follow the money if you want to understand Pawlenty — but don’t underestimate either his political savvy or the impact his “red-hot smoking wife” may have on voters and donors.

Thomas Hayes is an entrepreneur, Democratic Campaign Manager, journalist, and photographer who contributes regularly to a host of web sites on topics ranging from economics and politics to culture and community.

Tom Hayes: Does TV try too hard to present balance?

Dara O'Briain sets the record straight about the public understanding of facts. He talks about crime statistics, science, herbal medicine, and the tendency of TV to try to present a "fair and balanced" coverage - which results in him using some strong language, so you might want to consider where you are as you watch this.

I think Dara is Ireland's slightly more refined, restrained version of Lewis Black. Slightly.

Senator John McCain's Media Complaints DO Sound Like Hillary Clinton's - Stereohyped Is Right

I just saw the blog Stereohyped who has a great point: John McCain's ranting on about media bias for Senator Barack Obama does sound like Senator Hillary Clinton's crabby talk about the same thing during the primary run, and we do know how well that didn't work.

But now McCain says he's wasn't complaining! That's BS. McCain's got a commercial about the deal, for God's sake.