You need us in that trough.

“The Republican Party’s suit was clearly prompted by its troubles in the 2008 election, in which Mr. Obama proved far more adept at fund-raising than John McCain. It is disturbing that the R.N.C. sees its salvation in clearing the way for corporations and other special interests to flood its campaign coffers once again.”

I missed this when it first went down, but the NYT just apprised me of it: On the verge of electoral oblivion — the retirements of Sens. Martinez, Brownback, Bond and Voinovich don’t help — the Republicans have filed two lawsuits aimed at overturning McCain-Feingold, apparently in the hope that they could then feasibly prostitute themselves back into power. (Feingold’s response.)

“In 2003, in McConnell v. F.E.C., the justices upheld the precise provisions the Republicans are now challenging…The McConnell decision should end the matter. But the R.N.C. seems to be hoping that because of changes in the court — in particular, Justice Sandra Day O’Connor’s replacement by Samuel Alito — it can persuade the court to undo this recent and important precedent.” Hmm. I’ve got a bad feeling about this.

McCain the (Bull) Moose-Hunter?

“When T.R. spoke of ‘swollen fortunes’ and ‘malefactors of great wealth,’ socialism was a genuine force in American politics, perceived by many to pose a serious threat to the social order. When T.R. first called for a ‘graduated income tax’ in his 1907 State of the Union, he was proposing a measure that the Supreme Court had ruled unconstitutional. Indeed, the federal income tax struck down by the Court wasn’t even ‘graduated,’ or progressive; it was a flat-rate tax.” One from a few days ago that Ted at The Late Adopter just reminded me of: As Slate‘s Tim Noah aptly points out, John McCain can either continue to decry Obama’s purported “socialist” tendencies, or he can continue to claim Teddy Roosevelt is his hero, but he cannot plausibly continue to do both.

At the very least, it would seem McCain, what with his coterie of lobbyist attendants, has either never read — or is flagrantly ignoring — TR’s “New Nationalism” speech: “There can be no effective control of corporations while their political activity remains. To put an end to it will be neither a short nor an easy task, but it can be done” (See also one of my favorites: “The prime problem of our nation is to get the right type of good citizenship, and, to get it, we must have progress, and our public men must be genuinely progressive.)”

Hulk Smashed.

“‘In another state, he would be toast,’ said Charlie Cook, editor of the nonpartisan Cook Political Report. ‘In Alaska, you gotta make him a significant underdog.‘” How’s this for a sign of the times? Ted Stevens, the longest-serving Republican in the Senate (and the only one to famously favor a Hulk tie), is very quickly found guilty on seven felony counts of lying on his non-disclosure forms. As you may remember, the indictments broke in July, and Stevens — asking for a quick pre-election trial — got one.

And yet, despite the desperate entreaties of Senator McCain and the governor of his home state, one Sarah Palin, Stevens has vowed to fight on for re-election next week, thus further boosting the chances of a Dem Senate pick-up in the Last Frontier…and beyond. “‘It’s a horrible year for Republicans, in a horrific fall, and this is yet another horrific event,’ Cook said. ‘This throws them off message; it puts them back on the defensive again. It makes it harder to separate themselves from the party.‘” Well, thanks for that, at least, Senator.

McCain: Grey Cell Green.

“I’m not running for president because I think I’m blessed with such personal greatness that history has anointed me to save our country in its hour of need. My country saved me. My country saved me, and I cannot forget it. And I will fight for her for as long as I draw breath, so help me God.” Wait…John McCain was a POW? Who knew? (And how big of him to run the first completely selfless and ego-free presidential campaign in American History. A true patriot, he.)

I suppose I should’ve gotten my post up about McCain’s speech some time yesterday…but, really, what’s the rush? However well-watched, John McCain’s nomination address to the nation on Thursday night felt like a virtual political non-event. [Transcript.] I mean, c’mon now: I sat through three days of mind-numbing inanity and blatant falsehoods, distasteful 9/11 videos and endless surge talk, for this? (By the way, memo to Lindsey Graham, Tom Ridge, and anyone who happens to buy into the oft-repeated line of argument that “McCain was right in Iraq because of the surge.” Our recent involvement there began several years earlier, with McCain cheering on Dubya’s idiotic invasion and boasting of an easy victory. Remember that?)

Now I don’t think the speech was as woefully terrible as some — it was probably better than his last greenscreen speech, for example. (I am struck by the fact that today’s decaying GOP is so sickly it can’t even manage to exploit veterans for political gain properly anymore. What happened to you guys?) But, to my mind, Sen. McCain’s remarks definitely didn’t get the job done, unless — like me — you think the job that needs doing right now is getting Barack Obama elected to the Oval Office.

The most affecting moments of McCain’s speech were, naturally, in his discussion of his POW experience, and if the Republicans hadn’t beaten this point into the ground over the past few days, his retelling of those dark days might’ve packed a real emotional wollop. (“After I turned down their offer, they worked me over harder than they ever had before. For a long time. And they broke me.“) But, after all the reveling of late in McCain’s horrible stay in the Hanoi Hilton, and all the attendant plaudits to military heroism and sacrifice, country first etc. etc. served up as sides by the GOP during thus, McCain’s humdrum delivery of an otherwise subpar nomination address reminded me of nothing so much as another praiseworthy war hero wounded in his nation’s service: Bob Dole.

Of course, it wouldn’t be a nomination address in today’s GOP without some highly dubious propositions therein:

“A word to Sen. Obama and his supporters. We’ll go at it over the next two months. That’s the nature of these contests, and there are big differences between us. But you have my respect and admiration.” Oh, really? After several days of throwing chum in the water to get the fundies fired up, particularly on Wednesday night, this hail-fellow-well-met bow to the opposition felt ludicrous. You can’t have it both ways, y’all.

“And let me offer an advance warning to the old, big spending, do nothing, me first, country second Washington crowd: Change is coming.” As you know, and as Sen. Obama noted last week, McCain voted with Dubya a whopping 95% of the time. That’s not change we can believe in. And just because the president’s name went unmentioned over the past few days doesn’t mean we all just up and forgot about his awfulness.

“I’ve fought corruption, and it didn’t matter if the culprits were Democrats or Republicans.” Uh, unless those Dems and Republicans were doing business with Charles Keating. Ok, that may be a bit under the belt, but the fact remains: His opposition to pork barrel spending aside, McCain was mostly AWOL in the recent fights against GOP corruption that marked DC during Boss DeLay’s rule. His campaign is veritably drowning in lobbyists. Like so much else that once made McCain a relatively appealing figure, even his well-known advocacy of campaign finance reform has been thrown under the bus of late. And derailing the Alaskan probe into Palin’s illegal firings for electoral purposes is emphatically not fighting corruption.

And so on. I’d spend more time picking McCain’s address apart if I thought it had been in any way effective. But, the POW-section notwithstanding, it felt rote as written and rote as delivered, and — in opposition just as in support — it was a hard speech to get all that fired up about. With Sen. Obama up in the states he needs and Dems mobilizing new voters all across the board, McCain needed a real gamechanger Thursday night. (Imho, the automatic dispenser of lousy headlines that is Sarah Palin is just going to keep backfiring, and the party of Lincoln continues to toy with the disgusting “Uppity Sambo” card at their peril.) In short, he didn’t get it.

There’ll be a bump — there always is. But, to my mind, John McCain’s climb just got a whole a lot steeper. Barring some monumental revelation, egregious debate flub, or international incident over the next two months, it’s hard to see McCain getting any closer to victory in 2008 than he is right now. And over the next eight weeks, I would nevertheless expect a lot of Republicans and GOP-leaning independents, perhaps momentarily flush with good feeling for McCain, to think it over, remember the past seven years, look over at Sarah Palin in the veep slot, and decide to put their country first…by voting for Sen. Barack Obama for president.

Law Smash Puny Stevens.

The case against him has been building for awhile…and, today, the Hulk tie finally failed him. Longtime GOP Senator Ted Stevens (R-AK) — he of the “Bridge to Nowhere,” terrorist wife, cocaine-fighting Eskimos and “series of tubes” — is indicted with seven counts of making false statements on his financial disclosure forms. “The indictment accuses Stevens, former chairman of the powerful Senate Appropriations Committee, of concealing payments of more than $250,000 in goods and services he allegedly received from an oil company. The items include home improvements, autos and household items.“

Sen. Stevens is up for re-election this year, but given that he was already losing in the polls against the Dem challenger, Mark Begich, it’s a good bet his stepping down early will only help the GOP…if they can find someone to take his place in time (and if Stevens plays ball.)

Annie, Get Your Gun (and Spend those Millions).

“The court’s five most conservative members have demonstrated that for all of Justice Antonin Scalia’s talk about ‘originalism’ as a coherent constitutional doctrine, those on the judicial right regularly succumb to the temptation to legislate from the bench. They fall in line behind whatever fashions political conservatism is promoting.” In the WP, E.J. Dionne eviscerates the Scalia wing of the Roberts Court for their 5-4 decision in D.C. v. Heller yesterday. As you’ve no doubt heard by now, the decision (penned by Scalia) parsed the Second Amendment in such a way as to overturn the handgun ban in the District (and seemed to simply ignore the existing precedent of US v. Miller.) As Slate‘s Dahlia Lithwick deadpanned, “today’s decision ‘will almost certainly cause more Americans to be killed.’“

As it turns out, the Court went 0-for-2 yesterday, also deciding 5-4 (Alito writing the majority opinion) that McCain-Feingold has been prejudicial against the wealthy. In response, Sen. Feingold noted that the millionaire’s amendment was flawed anyway: “I opposed the millionaire’s amendment in its initial form and I never believed it was a core component of campaign finance reform.” Still, the decision here may not bode well for campaign finance opinions down the pike. “‘What’s most significant here is what this means for the future,’ said Rick Hasen, a professor at Loyola Law School. ‘It tells us that the long-standing limits on corporate and union campaign spending are in grave danger.’”

Obama: No Public Financing.

“‘It’s not an easy decision, and especially because I support a robust system of public financing of elections,’ Obama said in a video message to supporters, circulated by his campaign. ‘But the public financing of presidential elections as it exists today is broken, and we face opponents who’ve become masters at gaming this broken system.’” Sen. Obama announces he will forego public financing for the general election.

Hmm. I was originally hoping the two candidates, based on their respective campaign finance reform bona fides, might come to an agreement that would make public financing work. But it’s become painfully clear that Sen. McCain has been gaming the system thus far, and at this point I wouldn’t trust him as far as I can throw him. The McCain campaign is calling Obama’s decision “a broken promise of staggering dimensions,” but frankly that dog’s not going to hunt. Sen. Obama has not only run a lobbyist-free campaign thus far, but has now even purged the DNC of their taint (give or take a few loopholes.) Meanwhile, the McCain bandwagon is absolutely crawling with lobbyists, and they apparently even feel free to conduct their business with impunity aboard the unfortunately-named “Straight Talk Express.”

Plus, with its enormously successful small-donor, Internet-based model of financing, the Obama campaign has brought new meaning to the term “public financing” anyway. So, while I’d ultimately like to see a public financing system that works, Sen. Obama still has enough credibility on this issue, I think, that his opting out doesn’t trouble me all that much. Put another way, Sen. Obama has a long way to go before he seems as full of it on campaign finance reform as McCain appears these days.

Friends in Low Places.

“I need to know if Stayman is a career or a political appointee…I think we can do something about it, but I’m trying to figure out what is the best way to go about it. I don’t want a firing scandal on our hands.” An e-mail trail published by the Washington Post illustrates how Casino Jack Abramoff used the Dubya White House to remove his enemies, in this case a State Department aide advocating labor reforms in the Northern Marianas. (“ Abramoff’s clients wanted to keep paying immigrants less than the federal minimum wage to work in textile factories.“)

Like a Junkie to the Needle.

“‘Both parties talk a good game on cutting earmarks, but at first opportunity, the House larded up,’ said Stephen Ellis, vice president of the watchdog group. ‘This is just another broken promise.’” With another big defense bill imminent, congressional earmarks are sadly back in vogue. “In the Senate, Lieberman led the way with his participation in 14 requests worth more than $292 million, some of them involving more than one lawmaker, the watchdog group data show. Sen. Carl M. Levin (D-Mich.) made 48 requests, many with colleagues, worth more than $198 million. Sens. Jeff Sessions (Ala.) and Elizabeth Dole (N.C.) led Republicans by participating in requests totaling $188 million and $182 million, respectively.”

Clinton donors: Our money, our rules.

“We have been strong supporters of the DCCC. We therefore urge you to clarify your position on super-delegates and reflect in your comments a more open view to the optional independent actions of each of the delegates at the National Convention in August.” My, that’s classy. A group of twenty top Clinton fundraisers (among them Robert Johnson, of BET, drug hysteria, and estate tax fame) attempt to blackmail Speaker Pelosi into backing the Senator’s convention coup…or else!

Uh, did they not hear about Obama’s $55 million haul, overwhelmingly from small donors, last month, or the $32 million he made in January? Welcome to the 21st century, y’all: Fatcat donors who think their money trumps the will of voters have gone the way of Betamax, HD-DVD, Pets.com, and the landline. But, way to embarrass yourselves, and your candidate, by wildly overstating the importance of your lucre. Honestly, you might as well take your checks over to the GOP — I’m sure your credit’s good with them.