On the Web Since 1999                      An average 50,000 accesses per week (Google report 9/15/07)
NOTE:

TheLatest.Net News and Comment From the Independent Perspective. Mike Shiloh and Jack Bennett, editors
  News and Comment From the Independent Perspective.

  Contact Us     Archives     Our Favorite Quotes     Resources 
 

 

 

 

            April 30, 2008    


The Latest:
Headlines and Bylines:  Is the US considering an attack on Pakistan?  In what could be a political stance, PressTV says yes ("George W. Bush had earlier told ABC News that it is possible that a 9/11-like attack on the US is being planned inside Pakistan")...Meanwhile, Pakistan is testing a nuclear-capable missile with its longest range ever...A military revival: The Navy has re-established the U.S. Fourth Fleet...A number of newspapers and the Associated Press are filing a federal lawsuit against a Galveston, Texas man for posting entire news articles for profit on his websites...The quit-smoking drug Chantix is being linked to suicidal thoughts, aggressive behavior and depression...If you want some real background on what's going on with our economy today, read The Creature From Jekyll Island.  Ignore its radical call for abolishing the Federal Reserve (are such extremist measures really called for?) and you have a fascinating overview of the economic system.  Not a pretty pic.
 
IT'S A BAD YEAR FOR NEWSPAPERS, according to Goldman Sachs, which forecasts a 7.9% decline in revenue, a much more substantial drop than their earlier prediction of just 2.6%. JUST HOW BAD IS IT AT SOME NEWSPAPERS TODAY?  So bad that the senior editor at Editor and Publisher magazine isn't even getting his phone calls returned much of the time.  With new competition from the Internet and other sources, newspapers are cutting their employee count.  Editor and Publisher's Dave Astor says until a few years ago, most newspaper editors returned his calls.  But in a recent column, Astor notes, “Now when I phone a bunch of newspaper editors, I’m lucky to get 25 to 50 percent of them to return my calls. For instance, when I phoned more than 20 newspaper editors this March to find out whether they might drop columnist Ann Coulter for hurling a gay slur at John Edwards, only about a quarter of the editors talked. The other 15 or so never even called back.”
 
ALARMING NEW CANADIAN STUDY:  The Canadian government report predicts that the explosion of even a small dirty bomb in downtown Toronto could result in a rush on the city’s medical facilities and an economic toll of more than $23 billion.  This, just after the Canadian Security Intelligence Service said a dirty bomb assault in that country was "overdue.” The study explored the nightmare scenario involving the detonation of a device containing a modest amount of americium-241, a plutonium byproduct.  The report says this "grim outline is not far-fetched. A database of lost and stolen radioactive items compiled by The Canadian Press reveals that an industrial gauge similar to the device in the study was snatched by thieves in Red Deer, Alberta, in June 2003.”
 
AND THEN THERE'S THE LATEST "THREAT ASSESSMENT:" Al-Qaida is stepping up its efforts to sneak terror operatives into the United States and has acquired most of the capabilities it needs to strike here, according to a new U.S. intelligence assessment.  The terror group has been able to restore three of the four key tools it would need to launch an attack on U.S. soil: a safe haven in Pakistan's tribal areas, operational lieutenants and senior leaders. It could not immediately be learned what the missing fourth element is.
 
THE NORTH AMERICAN UNION:  Among the pervasive conspiracy theories I'm seeing on the Internet these days is that the United States is being wiped out, merged with Canada and Mexico to form the North American Union.  I can see how that might benefit Mexico, but does Canada know about this?  I would think they might object, considering their fiercely independent streak.  It is true that in the recent-defeated immigration bill, there was a clause that read, "It is the sense of Congress that the United States and Mexico should accelerate the implementation of the Partnership for Prosperity to help generate economic growth and improve the standard of living in Mexico."
 
AL GORE WILL RUN: Editor and author Tina Brown believes Nobel winner Al Gore will run for president in 2008 -- but only if Sen. Barack Obama becomes the front-runner for the Democratic nomination.
 
WATCH IT WITH THE EXERCISE, ALREADY:  Though exercise can be a key part of managing high blood pressure and heart disease, new animal research suggests there can be too much of a good thing.  In experiments with rats, researchers found that excessive exercise worsened high blood pressure and progression to heart failure in rats with high blood pressure. Dr. Rebecca L. Schultz and colleagues at the University of South Dakota, Sioux Falls, report the results in the journal Hypertension.  It's generally agreed among doctors that a thirty minute walk three times a week is all it takes to lower your blood pressure and risk of heart disease.
 
WHITE PEOPLE ARE IN THE MINORITY IN ONE IN TEN COUNTIES IN THE UNITED STATES, according to new figures from the U.S. Census Bureau. And in what immigrant advocates are calling a powerful sign of growing diversity, the Houston area now has more Latinos than Los Angeles, and Houston is practically tied with Miami-Dade County, Florida, for size of Hispanic population, according to those same figures. The New York Times reports that "nonwhites now make up a majority in almost one-third of the most-populous counties in the country and in nearly one in 10 of all 3,100 counties" in the U.S. 
 
 


 

 

 

 

 

 

 

 

 

 

BENEATH THE NEWS:
THIS MUCH WE KNOW: The news is this column is comprised of indisputable -- perhaps unbelieveable -- facts.

US BATTLE GROUPS NEAR PERSIAN GULF:  Four U.S. Aircraft Carrier battle groups are poised near The Persian Gulf.  Of course, Iran knows this.  So does Israel.  What we don't know is whether this is a show of force or a lineup for an attack on Iran. 
-- TheLatest.Net

THE FINANCIAL MARKETS FACE MORE MORTGAGE PROBLEMS THIS SUMMER:  Moody's Economy.com estimates that 10.6 million homeowners will have zero or negative equity by the end of this June, 2008, or about 21-percent of first-mortgage holders.
The impact of a new wave of defaults this Summer will also be potentially important. Banks and other investors in mortgages are in for  further hits to their already weakened capital.

PAKISTAN IS A TRAGEDY WAITING TO HAPPEN: 
It's a loose confederation of tribes and army rule, a pressure cooker of politics, a home for violence, poverty -- and the Taliban, Al Qaeda -- and the only Muslim country that has nuclear weapons. 
Half the nation is out of control.   All that stands in the way of anti-Western chaos and potential disaster is Pakistan's President Musharraf.  And his position is precarious at best. 
 
-- TheLatest.Net

 

 


An 8th Grade Final Exam From 1895 You Probably Can't Pass
-- Just for fun (?)
from TheLatest.Net

 

 
Parody
 
 
Mike Shiloh, award-winning broadcast journalist from CNN's "Nancy Grace"  
The Riot Act
Mike Shiloh's Blog

Mike Shiloh is an award-winning
broadcast journalist as heard on KRBE, KTRH, KFNC, KPRC and is a regular on CNN's "Nancy Grace."

I Retort, You Decide                   

We Still Kind of, Y'know, Like America and, Well, Yes, Most of Its Leaders

Of course the most important question you'll have about this website is: What's it about? The answer is easy: We believe that America is a great place and it may seem like a radical idea or dumb notion, but we also believe that our leaders have done a great job in putting this country together and getting us to today.

We're independents.  We criticize both sides of the political spectrum and the middle, too. But we have respect, not bile, to demonstrate our points of view.  We're not Pollyannas, we're pragmatists and we're not cranky and we're not curmudgeons.

Yes, we believe that Bill Clinton was a great leader, but so is George W. Bush, and so was Lyndon Johnson, Richard Nixon, Ronald Reagan, Eisenhower, Truman, Roosevelt. They all had something to contribute that made us wiser as a nation.

Radical idea, huh?  Disagree?  Okay, name me the leaders of another country who have done a better job in putting together a nation of freedom, civil and economic rights, capitalism and security.

Flat out: American leaders are flawed and self-centered individuals.  They also have placed the United States in a rightful place of leadership to the world.  Democracy is catching on worldwide -- sometimes despite our leaders -- but here we are, and despite what you may hear or think otherwise, America is still the strongest, most secure and prosperous, boldest and most God-worshipping nation on earth.

I've lost you, haven't I?  It's an American pastime to criticize and vilify our leaders, especially the current ones.  Oh, we do that here, it's the American tradition and right to speak out.  But fundamentally we're believers in the system, chaotic as it is, and yes even our leaders, those politicians.  We don't believe radical, overnight changes are needed. 

Does that make us conservative?  Well, a lot of conservatives I talk to are calling for some bizarre, radical changes in America.  So are progressives and they want it NOW, but each extreme of politics wants to bolt in a different direction, quickly.

To me, the odd thing about it is that both the proposed progressive and conservative directions are not all that dissimilar. 

Does it truly matter anymore who becomes president?  We invest a lot of hope and fear in the presidency, but in fact the president can't change things tomorrow or even next year, at least not much.

Politicians promise a lot, but their power is much more limited, I believe, than most people will recognize.  All politicians.  Even the president.  Could the next president get us out of Iraq in 90 days?  No.  Absolutely not. Anyone who promises to do such a thing is a liar. 

The president can order troops in relatively "quickly," but getting them out of a foreign entanglement without putting their lives in danger is a meticulous process that can take many months.  The presidential candidates who promise a "quick" withdrawal from Iraq are either lying or need to state their definition of "quick."

I think it's entirely possible that whoever becomes the 44th president of the United States will be a good leader for the nation.  As both George W. Bush and Bill Clinton have demonstrated, you can't pull the nation to extremes without pulling it apart.  So what you end up with is moderate, though not modest, changes. 

The president's powers lie in emergency actions and war, and it would take an emergency for sweeping changes.  A new Great Depression might be a cause for sweeping changes, but that remains the province of the popular mood of Americans, not in the whim of the presidency.  One president does, the next undoes.

Then again, real sweeping changes would take the cooperation of Congress.  When Congress and the president are at odds, then you have a real American republican democracy at work, and we like that.

As long as one person cannot come in and screw things up badly, then we can define our leaders as competent and the system as functional.  That's why I don't worry about who'll be the next president, and that's one indication of the confidence I have in the American Voter. 

We do take it seriously and we're not easily fooled, we voters.  It may seem like we're focused on American Idol and basketball, but our peripheral vision is good and focused on the race for president, breads and circuses notwithstanding.

Is America a great place?  Yes, absolutely.  Are some changes in order?  Of course they always are!  Because no nation, no system, no leader, no citizen is perfect or even close to it.  We're a nation of people, not automatons, remember.

But hating Bush, hating Clinton, Reagan, Carter, even Nixon is to miss the point of a republican democracy and to invite cliche after cliche: We're a grand experiment, capitalism isn't perfect but it's the best system devised so far, human beings are not and never will be perfect and justice is a goal, not a certainty in a very unjust world.  You may hate him or her, but that The President you're talking about, show a little respect.

The United States, through our leaders and our citizens, has given a lot to the rest of the world in order to help others.  The justice in the way we have done it may not seem clear, but it's there.  The intentions may not seem humanitarian, but they are.  The goals may seem selfish, but so often they are not.  The actions may not seem beneficial, but they are.

If you want to bring up Hiroshima, Nagasaki and Dresden here, you're part of the problem.

Hey look, I'm sorry, but this nation has done -- and is still doing! -- more for the benefit of the world in making order and prosperity out of chaos -- of rightly or wrongly fighting evil! -- than any other, so I don't hold any animosity toward leaders who don't meet my high standards and criteria.

I read history. I look for similarities in epochs and civilizations. And the more I read the more humble I become in the judgment of leaders of great powers over the millennia. The struggle of humanity ends only in the Great Millennium.  Until then, reason, progress, sympathetic action and respect for wisdom can suffice for an open mind.

Is this nation the epitome of the lofty ideals that our founders envisioned?  Nope. It's a work in progress, as is every other collection of people.  Is your life the ideal result of the lofty dreams you had as a child?

=========================

Prepping for The Comeback Kid II

Houston, TX -- Just before the March Texas primary:  It's up to the news media to attempt a spin on tonight's primary elections results, but one thing you can look for: The Comeback Kid.

Just as Bill Clinton did in 1992, it's absolutely essential that Hillary Clinton's campaign have the ability to spin tonight's primaries as Her Comeback from nearly a dozen primary defeats by Barack Obama.  But she and her campaign will provide the cues.  Her campaign rests on it. 

There are several ways she can do it.  If Hillary Clinton were to win both Ohio and Texas -- which is what she really needs -- she can lose the race for delegates so far but claim momentum, "the Big Mo."  Then it doesn't matter that she may fall way behind in the delegate count, because the Clintons always rely on popular belief rather than facts and if she says she won and the numbers say so, she'll claim victory despite the facts.  After all, the Clintons have always relied heavily on the lack of knowledge on the part of the average person to shape their political realities. 

The Clintons have been lately downplaying their abilities to make a comeback, a sure sign that their strategy is to lower expectations so that victory can be defined in several ways.  In the past, Bill Clinton has defined victory as not losing a contest, or even defined victory as not losing big in a contest.  When people count you out going into a match, not getting bloodied is a form of winning.

Then again, Hillary Clinton can continue her campaign simply by winning Ohio tonight.  Just one win will seem to be the start of a new winning trend, especially after losing 11 primaries in a row.  That, too, will seem to begin a new momentum, "The New Mo," because she'll be able to claim in new resurgence in popularity.  Hence, the Comeback Kid II.  It's a PR ploy aimed at getting people to believe that those on her side are on the winning side, despite the delegate problem.

And that's a huge problem, because the delegates will decide who's the candidate for president, not the popular vote.  You may recall that Hillary Clinton came out after the 2000 election, speaking against the Electoral College which determined the winner of that election (the Supreme Court notwithstanding, and a lot of Democrats still don't believe the high court was upstanding).  She could easily decry the delegate system and declare support for reform, with a direct-electoral system.

There have also been hints that the Clinton campaign (and/or the Obama campaign, whichever has the most to gain) will bring suit over the rather convoluted way that Texas Democrats designate their delegates, with a direct vote for 2/3 of the delegates, then a written vote in caucuses, after the polls close, for the other 1/3. 

But no matter how the campaigns spin tonight's results, it's most important how the news media spin it.  Despite her complaints of media bias against her, networks such as NBC, CNN and others appear to me to have bent over backwards to keep her fresh in the public mind, and I'm talking about news shows, not "Saturday Night Live."  If the networks were as bent on seeing Obama as the candidate as Mrs. Clinton would have us believe, we wouldn't be seeing nearly as much of Mrs. Clinton as we've seen these past few weeks and, especially, days.

Both Democrats are in Texas today.  Hillary was here in Houston this morning, shaking hands near the polls.  She's off to Austin to take in tonight's results with a number of like-minded people who are betting the farm that she wins the presidency.  It's their lifelong wish, philosophically and policywise. It's where Hillary Clinton will feel comfortable, though it sends no particular message to voters.

Barack Obama is scheduled to be in San Antonio, a good political move because the city is known for his large population of Latinos.  Obama may or may not feel comfortable there, but it's a good political move since there are so many Latino votes available in this campaign. 

The advantage today is with the Obama campaign: in delegates, in momentum, in running an efficient campaign, in fundraising and in popularity.  The Clinton campaign has to overcome much more than just a deficiency in delegates and money and momentum. 

It's been the Clinton Way in the past to declare victory when victory had to be most narrowly defined in order to claim it.  I fully expect the same to happen tonight.  It would be the Clinton Way to seize any advantage tonight and declare it a victory and continue.

That's why I'll be among the more shocked if the Clinton campaign calls it quits anytime soon.  And even if the campaign ends in a few weeks or months, she's still going to be a major power at the convention and there will be at least some pressure for an Obama-Clinton ticket, despite rumors to the contrary.

========================

21 Observations

Because of personal obligations, I haven't had time to do much lately but observe the national scene, the electioneering and the state of the economy.  Here are just a few of those observations:

1. People are comparing the United States today to ancient Rome, for several reasons.  People have been comparing the U.S. with ancient Rome ever since I can remember.  That does not mean they're wrong.

2.  Alan Greenspan sure got out of his job at the Federal Reserve just in time.

3.  The U.S. let Saddam Hussein do what he wanted for a long time as a counterbalance to Iran. Then we went in and booted him out because it was more important to ensure the flow of oil than to let him continue playing dictator. 

Pakistan and Iran -- to name two -- are real threats and a few years ago so was Libya. This is nothing like Vietnam.  Our actions in Iraq are of particular importance if you understand that the world will in our lifetimes begin to "run out" of oil.  Some countries that might surprise you are already "running out," and I'm not talking about the U.S.

4.  Hillary Clinton is on the wrong track with her campaign.  When Bill Clinton ran, there was an easy-going, slightly humorous feel to the rhetoric and bluster.  Hillary Clinton seems humorless and strident.  I wish she could change that.  Even Bill is all cold, hard stares and finger-wagging these days, it seems.  Where's the outrage?  Hell, where's the fun?

5. The state of the world economy is very dicey.  I've read opinion after opinion from the doomsayers (The Great Depression -- The Sequel!) to the mods (The Economy Is Sound!) and the key seems to be, like everything else in life, really just in how you look at it. 

Are we about to descend into a leaderless chaotic abyss?  Not because of the economy alone.  It'll take something else to trigger that.  Will life always be as carefree as it's been these last few decades in the West?  Nope.

6.  People in America are too greedy, too money-grubbing in general.  They didn't get the memo that productivity has been up for many years.  You don't have to gouge your employees and the public so you can get rich(er).  You might just get rich(er) anyway.  Either way, put down the cell phone while you're driving, putz, because you're putting people's lives in danger.

7.  President Bush is not the worst president in history.  People who say that aren't very old or aren't very smart. 

8.  The number of people in America who can't see past their cultural and partisan proclivities is growing.  It's true that there are people who still believe we should go back to the values of 1963 and they literally hate anyone who disagrees.  I know a number of progressives who fall into this category.

9.  Gangs have been around for many, many decades, but the latest incarnations are destroying cities.  Have you been to L.A. lately?

10.  Communism, Socialism, Marxism and other collectivist ideologies have not disappeared, but are alive and well in various forms here in the United States and throughout the world, including Russia.

11.  Many Americans are getting progressively lazier, and I find this to be alarming.  They use any number of excuses in order not to do what was considered to be required behavior just one generation ago.

12.  As a member of the news media, it's incredible to see Hillary Clinton bashing "The Media" for appearing to be partial to Barack Obama.  We used to like her best!  That is, until she started to resemble the schoolteacher who smirked while she rapped you with a ruler, made fun of you in front of the class and then sent a note home to your parents too.

13.  I consider Ralph Nader to be an honorable man.  So why does he keep running for president when he knows he can't win?

14.  Don't you wish you could get Peggy Noonan drunk just once so she'd say how she feels without trying to be so eloquent and reserved?

15.  Liberals secretly love Ann Coulter, the same as conservatives secretly fear Hillary Clinton.  I use the terms "love" and "fear" quite sublimely here, much as Peggy Noonan might use them.

16.  To me, Ron Paul is not a crackpot.  He's just unelectable for the presidency.

17.  I've noticed that you can apply for three dozen jobs in one month -- jobs for which you're experienced and well-suited -- and never hear another word about them.  Some of these jobs go unfilled for years.

(It's funny when you answer a job ad and never hear from the company, but then they re-post the ad, saying "If you've already sent your resume, please don't send another one."  Why don't they just be honest and say, "If you've already sent your resume, you'd have already heard from us if you were good enough, wouldn't you?  But you're not.")

18.  The number of people who are getting tired of e-mail is increasing.  Now this is just based on anecdotal evidence, but I know people who just loved e-mail a few years ago who now consider it annoying. 

Maybe it's the spam, or maybe it's too many unreturned messages, I don't know. But some people do think it's an appropriate substitute for cards, phone calls and snail mail, and it's not. 

19.  The governments are out of control in America, and they need to be put back in control.  I warned politicians at the local and state level on this very website six years ago that they should stop complaining about how tax revenue was down so low they had to cut services. 

I told them that when the economy goes up again they should put some savings aside for the bad times, just like us plebeians have to do.  Did they listen to me? No. Of course not.  Fools.  And now the economy is starting to dip again and they're starting to complain again.  Do I have to tell you idiots again?

20.  Governments cover up too much.  A perfect example is economic data.  There are "money experts" all over the Internet who say you can't believe the federal government's inflation figures.  It's not 3%, they say, it's more like 6%.  Well, maybe they make more money than people like I do, so they don't notice, but according to my budget, inflation is running at more like 10% a year, at least for a number of staple items.  That's one reason the mortgage people are knocking at the door.

There was a time when the feds told us how much of a real percentage of the population was unemployed.  Now they exclude people who've been looking for work for a long time.  Well, they're still looking for work aren't they?  If not, they're still unemployed, aren't they?  Tell us the truth, we can take it.

21.  Many people feel more powerless today than in the past.  I know a guy who's emphatic about supporting Barack Obama for president.  I asked Why?  He said Because he'll be good for America.  I ventured the idea that the president isn't nearly as powerful as we think.  Oh, he said.  Yeah, that's probably right.  So who do I vote for?

M.S.

No, No, Not Again!

Hey, look, I've got nothing against Hillary Clinton. If she wants to run for president, that's great.  Anyone who wants to run for president should be able to.  The problem is, not everyone who wants to run for president can get all that money together and gather all those political contacts.  And running is a hard thing to do while carrying lots of baggage.  Still, I think her candidacy is a good thing.

But it's upsetting to see the photograph that suddenly appeared on the Internet, showing Hillary and Bill Clinton flanking Antonin "Tony" Rezko, the Syrian-born Illinois political fixer under indictment on corruption charges, who has close ties to the Middle East.

It's just politics, you say?  Okay, it's interesting that the photo shows up just now, days after Hillary Clinton herself brought up Rezko's name during the Democrats' debate this week, using Rezko as a slam against Barack Obama, who also has some ties to Rezko. 

But I got a terrible feeling of deja vu when Senator Clinton said on The Today Show Friday morning that she doesn't remember meeting Rezko.  So what if there's a picture of her with him, y'know? 

It's that "don't remember" stuff that really makes me queasy because it reminds me of ten years ago, and it reminds me of what Bill and Hillary Clinton are and whom they represent.

See, people have been saying for years that George W. Bush represents Big Business and Big Oil and Big Pharma.  I won't argue with that.  But there should be no implication that Bill Clinton didn't represent Big Law and Big Unions and Big Media. He did, and he proved it many times while president.

George W. Bush used to be in the oil business.  Hell, Rezko reportedly even threw a fundraiser for Bush, but this isn't about the lame duck president.  It's about Bill and Hillary Clinton, who are lawyers.  People still like to quote Bill's deposition in relation to perjury charges against him, that "depends on what your definition of 'is' is" thing. 

In a criminal trial, you're expected to answer examination by answering "yes," "no" or "I don't remember."  Hillary Clinton's saying she doesn't remember ever meeting Rezko reminds me that she's a lawyer.  No one can ever prove whether she does or doesn't remember Rezko. 

So what?

So Barack Obama has already admitted he made a "mistake" in some of his dealings with Rezko.  He sounded in the debate like he honestly regretted that property entanglement he had with Rezko.  Hillary Clinton should take a page from Obama's playbook and find a different answer from "I don't remember."

In admitting a mistake, Obama sounds like you and me, we make mistakes.  Hillary Clinton ends up sounding like a tremendously rushed Big Star, someone who's too busy to admit to the people that she makes mistakes.  Maybe she wants to name her memoirs "No Time For Scandal."

"I don't remember" is something both Bill and Hillary Clinton said many times in 1998 during Clinton's impeachment.  They said it both to investigators and to us.  And now it's suspicious when they say that.

Because as every lawyer knows, to say "Yes I've met Rezko" puts you on the record for having dealt with someone who's under close investigation by the FBI.  To say "No I've never met Rezko" puts you on the record as a liar if anyone can come up with any real proof that you knew him.  So to cover yourself in case some real proof turns up, "I don't remember" is always the best legal strategy, since no one can ever prove you right or wrong.

All someone could do, should you say "I don't remember meeting him," is produce a photograph of you and Rezko standing together and wave it in front of a jury and say, "Really?  Here you are standing next to him, posed and smiling like it's an official photograph rather than among a crowd at a  fundraiser, and yet you don't remember meeting him? A highly influential man from the state where you were born?"

To which you might reply, "I've probably taken hundreds of thousands of pictures. I can't remember them all."  Again, no one can prove or disprove that.  And it's just what Hillary Clinton said on The Today Show.  It doesn't ring true.  Unlike Obama admitting a "mistake," trying to distance himself from the whole matter.  It sounds like trial testimony.

Which reminds me, against my will, that Hillary Clinton is, like her husband, a lawyer. Not that there's anything wrong with that.

But it also reminds me of 1998.  Bill Clinton and his Big Unions and Big Trial Lawyers and Big Hollywood.  Skirting the truth within the letter of the law.  Then George W. Bush with his Big Pharma Karma and Big Oil.  Manipulating the truth to meet an agenda.  Now Hillary Clinton, with James Carville and Paul Begala and Ann Lewis and Sidney Blumenthal -- all the faces we saw way too much of ten years ago, going from talk show to talk show with talking points defending Bill Clinton during his impeachment -- turning up on TV again these days as "consultants" and "advisors" and "observers."

And of course you can't watch a news show this early 2008 without seeing Bill Clinton stumping for Hillary Rodham Clinton.

I thought this election was supposed to be about a fresh start, a new direction for America, and it was time to kick the bums out, move on, change direction, put some outsiders inside the Beltway, bring in some new blood, blow out the cobwebs and get some fresh ideas into Washington.  Someone who represents the people of the United States, not Big Anything!

Instead, it sounds like 1998.

No, no, not again!

Please.

More by Mike Shiloh

==============================



What's "Upsetting" About Hillary Clinton Winning New Hampshire?  Nothing.
S
ome newspapers and newscasters are saying that Hillary Clinton winning the first primary of the election year is an "upset." Why? Because the TV pundits and polls proved that Barack Obama would win?  That's ridiculous.

This is all part of the playbook.  I most admire someone in the Clinton campaign for planting a story on Matt Drudge's popular website saying Hillary Clinton is worried and considered dropping out of the race after her defeat in the Iowa caucuses.  Drudge bit!  He placed one of his relatively rare personally-written pages on his site saying that Clinton might be considering dropping out. "Developing"!

Ten quick points:

1. Iowa was a caucus.  Non-binding.  A great tradition that leads off the campaign season (season? It's more than a year long now) but not much more than a measure of which way the wind blows. For now.

2. Now that the average age of the news staffers at the networks and newspapers is getting lower and lower, I can only guess that their political experience is increasingly shallow.

3. You judge presidential campaigns by overall wins over a number of primaries, not by a caucus or by one or two or even three primaries.  The old political hands in the Clinton campaign and the other campaigns know this.  Do the TV pundits?  They don't appear to.

4. Clinton's people knew she was bound to win one of these primaries, so having her cry on-camera (on cue? Remember, just the day before Clinton's public tears came a friendly columnist's call for Hillary to stop being managed and just be herself) and planting a story saying she might be considering dropping out rather than facing humiliation is merely a ploy, a PR setup so that when she does win she's The Comeback Kid -- The Sequel.  Bill Clinton's campaign of 1992 was arranged in a similar way, with emphasis then on the "Kid" aspect of the nickname, a marketing ploy to distinguish the 40ish Clinton from competitors such as Bush Sr.

5. There are primaries on the way in which Obama isn't campaigning or isn't on the ballot.  Unless Edwards were to pull out a strong showing, Clinton and her campaign are just being coy by acting worried.

6. New Hampshire was only an "upset," as the network and print news people have been saying, if you believed the polls about Obama being out front.  Polls only indicate.  That's why we newspeople use that term.  "The polls indicate..."  The polls don't "prove" or "show for certain" any more than a bite of a banana proves the whole banana is edible.

7. By calling New Hampshire an "upset victory for Hillary" news media are helping the Clinton campaign's desire for a Comeback Kid - The Sequel scenario.  And they got it.

8. A Comeback Kid scenario proves that the Clinton campaign didn't get back on track with the New Hampshire win, it proves that the campaign was on track all along.

9. The Clinton people know this game well.  They've thought it out with respect to Bill Clinton's campaign 15 years ago.  The big difference is, as some have pointed out, Hillary Clinton represents the establishment now, whereas Bill Clinton was a Washington Outsider back in '92. 

10. There are some surprises coming, even for the Clinton people. Voters are not in the mood to keep the status quo, and Hillary Clinton represents the establishment while Obama represents a new direction.  There are scandals waiting in the wings for the Clinton campaign, so the war room will go 24/7.  And the big question: Are there other possible entries into the presidential race around the corner that will change the whole dynamic of the campaign?

More by Mike Shiloh

===============================

A SHORT STORY OF CHRISTMAS

 
The man was not a scrooge, he was a kind a decent a mostly generous good man, good to his family and upright in his dealings with other men but he just didn't believe in all that incarnation stuff which the churches proclaim at Christmastime. It just didn't make sense and he was just too honest to pretend otherwise.
 
In essence he just couldn't swallow the Jesus story about God coming to Earth as a man.
 
He said, "I'm truly sorry to distress you but," he told his wife, "I'm not going to church with you this Christmas Eve." He said he'd feel like a hypocrite so he would much rather stay home, but that he would wait up for the family.
 
So he stayed and they went to the midnight service. Shortly after the family drove away in the car, snow began to fall and he went to the window to watch the flurries getting heavier and heavier, then he went back to his fireside chair and he began to read his newspaper.
 
Minutes later he was startled by a thudding sound and then another and then another.
 
At first he thought someone must be throwing snowballs against his living room window, but when he went to the front door to investigate he found a flock of birds huddled helplessly in the snow. They had been caught in the storm and in a desperate search for shelter they had tried to fly through his large landscape window.
 
Well, he couldn't let the poor creatures lie there and freeze but he could not let them continue to bang themselves against the glass window so he remembered the barn where his children stabled their pony. That barn would provide a warm shelter if he could direct the birds to it.
 
So he put on his coat and galoshes and he tramped through the deepening show to the barn and then he opened the doors wide and he turned on a light -- but the birds wouldn't come in.
 
He figured food would entice them in so he hurried back to the house and fetched bread crumbs and sprinkled them on the snow, making a trail to the yellow-lighted, wide-open doorway to the stable. But to his dismay the birds ignored the bread crumbs. They just continued to flop around helplessly in the snow.
 
He tried catching them. He couldn't. He tried shooing them, chasing them into the barn by walking around waving his arms. Instead they just scattered in every direction. Every direction except into the warm, lighted barn.
 
And then he realized that they were afraid of him. To them, he reasoned, I'm a strange, terrifying creature. If only I could think of some way to let them know that they can trust me, that I'm not trying to hurt them but to help them.
 
But how? Because any move he made tended to frighten them and confuse them. They would not follow, they would not be led, they would not be chased or shooed -- because they feared him.
 
If only I could be a bird, he thought to himself. If only I could be a bird and mingle with them and speak their language and tell them not to be afraid and show them the way, lead them to the safe warm barn.
 
But then of course I'd have to be one of them so they could see and hear...and understand..and...
 
At that moment the church bells began to ring and the sound reached his ears above the sounds of the wind and he stood there, listening to the bells -- Adeste Fidelis -- listening to the bells, feeling the glad tidings of Christmas...
 
And he sank to his knees in the snow.

==============================

UH OH: MORGAN STANLEY ISSUES FULL RECESSION ALERT

Morgan Stanley has issued a full recession alert for the US economy, warning of a sharp slowdown in business investment and a "perfect storm" for consumers as the housing slump spreads.

 

Federal Reserve chairman Ben Bernanke

Fed chairman Ben Bernanke will be hoping he can keep the US economy from recession

In a report "Recession Coming" released today, the bank's US team said the credit crunch had started to inflict serious damage on US companies.  More.

THE NEW S&L CRISIS

The Wall Street Journal: The mortgage crisis now rivals the S&L crisis. "Wall Street built a market for more than $2 trillion in securities sold globally and backed by loans to U.S. homeowners on two long-accepted beliefs and one newer one.

The prevailing logic: The value of the American home would never fall nationwide, and people would almost always make their mortgage payments. The more recent twist: Packaging mortgage loans and turning them into securities would make the global economy more resilient if anything went wrong."

 That, however, has proven to be a mirage. As house prices fall and homeowners default on mortgages at troubling rates, the pain has spread far and wide." Read more.

===============================

I Retort, You Decide:

LOOKING BACK: 

This month in 1999:  In the waning days of the Clinton administration, the State Department's North Korea team announced a "breakthrough" that North Korea had offered assurances -- unwritten -- that it would agree to a halt to it's nuclear weapons and missile development programs.

The U.S. negotiating team celebrated.  A few days later, the administration suspended some U.S. economic sanctions against North Korea.  One of them had been in place since the Korean War.  The U.S. side said it had won a major concession from the North Koreans.

In retrospect, it was just as some analysts figured: Pyongyang was using the agreement as an attempt to get aid in the form of cash from the U.S.  The weapons program continued anyway.  Aid was forthcoming, both in cash and in technical advice in the building of nuclear reactors, which were supposed to be for peaceful nuclear energy production. 

In the end, who was the beneficiary of the negotiations?  Israel bombed a Syrian facility last month.  Rumors continue that it was a nuclear facility and that North Korean (and Iranian) nuclear technical advisors were killed in the bombing.

Also in 1999: Legal immigration reached its lowest level in ten years, not because of quotas but because the White House shifted personnel, according to AP, from servicing green cards to servicing naturalization.  With nearly 2 million immigrant applications pending, INS personnel were swamped with paperwork. 

The effort to clear the paperwork backlog resulted in 180,000 immigrants being granted citizenship without "mandatory" criminal background checks.  The other result: A huge backlog of green card applications resulted in a long waiting list for legal immigration.  That ended in frustration on the part of immigrant applicants, who then resorted to illegal immigration.  

The political theory at the time, by the way, was that immigrants usually vote for Democrats, so the Democratic administration was doing its best to get as many new voters as possible by opening up the legal-immigrant floodgates at the expense of green card seekers.

J.B.

==============================

WHAT'S GOING ON WITH THE ECONOMY?

We're seeing a broad restructuring of investments and it's painful.  Money has been quickly disappearing from some parts of the U.S. and world economy and is reappearing in others.  It's all cyclical, but it is hurting people.  More and more as each day of the past three months goes by.

HOW DO YOU KNOW?

I'm just talking in generalities here.  I'm a reporter and analyst, so I'm reporting what I see and hear.  There's talk "out there" that we're going into a recession, even a depression like the 1930s.  That seems unlikely at this point only because there's little panic, but there is a big restructuring going on.  The average person only sees part of it.  Money moving in huge quantities from one market to another.  It's a very tricky time, if you're an investor.

SO WHAT YOU SEE AND HEAR IS THAT THINGS ARE GENERALLY OKAY?

No. There were predictions two years ago that the real estate markets were getting as bloated as a market hog.  Anyone who's been watching the markets these last two years saw the bottom drooping in the real estate market.  But it's like a cliche: You don't know about the tire until the rubber meets the road.  So many little things could go wrong while the bottom drops out of the real estate market that you have to watch closely.  Fed Chairman Ben Bernanke is watching it closely.  So are Congress and the White House.  So is (former Fed Chairman Alan) Greenspan, I guarantee you.

WHAT'S HE GOT TO DO WITH IT?

As Fed chairman, he helped enormously in getting us here with his manipulation of interest rates as a way to control investments and the economy.

BUT HE GOT OUT AT THE RIGHT TIME?

If you mean he retired on top, it looks like it -- at least on top of his game, if not a top economy.  Greenspan is a visionary, but the practicality of his tactics is yet to be seen.  He was doing a little monetary experimenting with the U.S. (and therefore the world) economy.  It's been interesting to see money "migrate" from industry to industry over the past decade or so.  But right now, there aren't any trendy places like Dot Coms or Real Estate to put money, so money is running to safety.

SO THAT'S THE PROBLEM?

Well, actually it appears that the problem is the packaging of virtually worthless real estate mortgages and selling the paper representing those mortgages to foreign investors, to put it simply.  Those investors seem to think they've been duped, and maybe they have been. 

But then you'd have to say that those packaging the mortgages as notes were being deceptive and I'm not convinced that's true.  Either way, though, you have some pissed off people worried about where their money really is -- and I'm talking big international investors. 

So they move their money to protect it.  They move it in huge amounts on a worldwide basis.  They don't have allegiance to any one country necessarily, they just want to protect their investments and who can blame them? 

But with all that money going quickly from one place to another, it's like an earthquake.  Some things are scratched when they fall off the shelf, but entire structures also collapse. 

ARE WE SEEING THAT NOW?

Yes.  But that's nothing all that unusual.  Some people like to call this kind of thing a "correction," meaning things were out of whack and now they're, well, getting into whack, y'know?  But like I said, it's painful, at least for some people and companies and even entire businesses. But cyclical.

SO YOU THINK ALL THE TURMOIL IS JUST NORMAL AND YOU'RE NOT WORRIED?

Just like many people, I'm worried.  Mostly about the potential for disaster, not about what I find happening today. In an earthquake you become most worried about whatever building you're in.  Will it hold up or should you go running into the streets?  Or you worry about your own home.

What you don't want to witness, though, is the collapse of a skyscraper.  The people standing around the streets of New York on September 11th, 2001 saw two of those.  Since the beginning of the so-called modern era we haven't seen the collapse of a skyscraper during an earthquake. 

Speaking about our economy, both in the U.S. and worldwide, we don't want to see that today.  Yes, the economic changes have hit Alcoa and Countrywide and many other smaller companies.  We're seeing the effects today on CitiGroup, where profits are hurting badly. 

But we saw endless numbers of Dot Coms disappear overnight early in this decade.  We saw whole companies and careers collapse in the '87 stock market collapse. There are procedures in place now to protect against such things on such a massive scale as in the past. 

But we don't want to see this bring down GM or Ford. Or something unimagined as yet.

M.S.

===============================

A TERRORIST  "ATTACK ON U.S. SOIL"  PREDICTED

....Meanwhile, maybe its time to start thinking about who should be our next president.  And why......

The terrorist network Al-Qaida will likely leverage its contacts and capabilities in Iraq to mount an attack on U.S. soil, according to a new National Intelligence Estimate on threats to the American homeland

The report lays out a range of dangers—from al-Qaida to Lebanese Hezbollah to non-Muslim radical groups—that pose a "persistent and evolving threat" to the country over the next three years. As expected, however, the findings focus most of their attention on the gravest terror problem: Osama bin Laden's al-Qaida network.

(continued below)
=====================


I like to throw this photo in every now and then.  Bill and Hillary before all the innocence died.  The once and future (?) presidents.  Aren't they cute?

================================

The report makes clear that al-Qaida in Iraq, which has not yet posed a direct threat to U.S. soil, could become a problem here.

"Of note," the analysts said, "we assess that al-Qaida will probably seek to leverage the contacts and capabilities of al-Qaida in Iraq (AQI), its most visible and capable affiliate and the only one known to have expressed a desire to attack the homeland."


Besides Hillary, here's another candidate for president: Fred Thompson.  As one blogger said,
what a first lady she'd make!  Men would be reading the paper every day to see what's she's been up to!  This will polarize women's votes if Thompson goes against Clinton.  How many women want a Hollywood starlet-type in the White House?  Younger women may relate to Fred's wife, though.  Don't let her looks fool you, she's a professional. Her name is Jeri Kehn. Google her. She is in effect managing her husband's White House bid and has hiring and firing authority over staff, according to the The Telegraph.

Shalom Out,

M.S.
 

Contents © copyright 2008 Michael Shiloh, Jack Bennett unless otherwise noted. All rights reserved.