News from the Votemaster http://www.electoral-vote.com/ 2008 Republican Party Platform Opposes Bailouts The Republican Party platform adopted 3 weeks ago explicitly opposes government bailouts of private companies. Here is the exact quote from the section "Rebuilding Homeownership":
We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself. We believe in the free market as the best tool to sustained prosperity and opportunity for all. This plank in the GOP platform is not controversial within the party. Republicans have always believed that when companies make bad business decisions the market will punish them and this is the deterrence for future companies to think through their decisions carefully. The problem now is the utter hypocrisy of throwing overboard a principle Republicans have held dear for many decades. If companies lose the fear of bankruptcy because they expect the government to bail them out, they will take unconscionable risks in the future. Maybe somebody should send Henry Paulson a copy of the Republican platform. Some (conservative) Republicans apparently have read their party's platform and are balking. Rep. Mike Pence (R-IN), for example, said: "I must tell you, there are those in the public debate who have said that we must act now. The last time I heard that, I was on a used-car lot." Rep. Joe Barton (R-TX) said "Just because God created the world in seven days doesn't mean we have to pass this bill in seven days." More on the bipartisan outrage at MSNBC. Economic Fears Help Obama It usually takes a week before major news is reflected in the polls and that is starting to kick in now. A new Washington Post/ABC News poll Only 9% of the people think the economy is good or excellent and 80% are worried about it. Obama has a double-digit lead in who can handle the economy better. As a consequence, in this poll he leads McCain overall 52% to 43%. Obama Abandons 50-State Strategy The Obama campaign has pulled paid workers out of Alaska and North Dakota and is pretty soon going to be concentrating on a dozen states. Goodbye Utah, hello Colorado. The battlegrounds will be a couple of Kerry states, most probably Michigan and New Hampshire, as well as Virginia, North Carolina, Florida, and maybe Georgia in the South, Pennsylvania and Ohio in the rust belt, and Colorado, New Mexico, and Nevada in the West, plus maybe a couple of others. There was never any way all 50 states were in play. Which is not to say Democrats can't win in strange places--the governors of Wyoming, Colorado, Arizona, Kansas, Oklahoma, Tennessee, Kentucky, Arkansas, and North Carolina are all Democrats--but Obama is not a home-grown Southern or Western Democrat. McCain's Top Staffers Were Paid by Freddie Mac until Last Month An article in Newsweek has now revealed that McCain's campaign manager, Rick Davis, was receiving monthly $15,000 checks until last month from Freddie Mac, the mortgage agency that the government recently took over. In addition, the head of McCain's transition team, William Timmons, Sr., was a registered lobbyist for Freddie Mac until this month according to an article on Bloomberg News. His firm received $260,000 this year for unspecified work. Although McCain likes to rail against lobbyists and how he will put them in their place, having his campaign being run by people who lobbied for Freddie Mac cuts to the heart of his pitch as a reformer. This story is soon going to be all over the place (see for example, Newsday, the NY Times, and Roll Call). Palin Continues to Hide from the Press McCain, Obama, and Biden all were extensively in the news yesterday talking about the meltdown on Wall St. In contrast, Sarah Palin was at the U.N. for a couple of photo ops but she refused to talk to reporters about foreign policy or anything else. She has not had a single press conference since being picked for the VP slot and keeps the press at a great distance, except for photos while she makes an ice cream run for her family. She has to be careful because the story about her is rapidly changing from the hockey mom who shoots moose to one about a person not ready for prime time and unable to answer tough questions on her own. She hasn't become a laughingstock like Dan Quayle yet, but if she continues to duck the media, her press will get worse and worse. More Shenanigans in NY-13 Just when you thought the race in NY-13 couldn't get any wackier, it did. Here is a brief recap for people who weren't visiting the last time this story came up. The Republican congressman from NY-13 (Staten Island), Vito Fosella, was caught by a cop going through a red light, drunk. Turns out he was going to visit his Virginia family, one his New York family didn't know about (family values). Other Republicans predssure him to not seek reelection. Republicans settled on a rich businessman named Frank Powers as candidate. Powers' son hates him so much that he ran for the Libertarian nomination solely for the purpose of defeating Dad (more family values) but lost. Powers, Sr. dies of a heart attack in June. Republicans pick Robert Straniere to run. Most powerful Republican politician on Staten Island, Guy Molinari, vows to do everything he can to defeat Straniere (party unity). Now the Republicans are trying to get Straniere appointed to the state supreme court to get him off the ticket so they can run Mr. Family Values (Fossella) again. You couldn't make this stuff up. The bottom line is that New York City council member Mike McMahon (D) will be the new congressman from Staten Island. Bob Barr Fails to Get Obama and McCain off the Texas Ballot Bob Barr's campaign filed suit to get Obama and McCain off the Texas ballot because they filed too late. The Texas Supreme ruled yesterday that they are going to be on the ballot. Without them, Barr might have actually had a shot of Texas' 34 electoral votes. With them, he's got a steeper hill to climb. Today's Polls We have 18 presidential polls today. In the new key swing state, Colorado, Quinnipiac U. has Obama ahead 49% to 45%. In Michigan and Pennsylvania, two Kerry states that Obama must win, he is ahead by 4 points in each one. Ohio is an exact tie at 46% apiece. If you like this Website, tell your friends. You can also share by clicking this button -- The Votemaster --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. 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