The Can Likes Kickbacks.

“In 2014, for the first time in three years, the vote to extend the nation’s debt ceiling did not bring the US to the brink of default in a high-stakes game of slash and burn…It was a striking turnaround for the forces of austerity. One of the biggest losers? The Campaign to Fix the Debt, the $40 million AstroTurf austerity group, financed by Pete Peterson and other Wall Street big wigs, and fronted by Maya MacGuineas, Erskine Bowles and Alan Simpson. Call it Alan Simpson’s last harrumph.”

In general, I think victory laps are a bad idea, especially since sequestration continues and it’s not like austerity is suddenly out of fashion in this godforsaken town. Nonetheless, The Nation‘s Mary Bottari looks at how citizen and netroots activism helped beat back (for now) the deficit witchhunt, and much of the corporate rapacity and profiteering attending it.

The pic above is my friend Alex Lawson crashing a Pete Peterson Astro-Turf event a few months ago. “‘Aaar!’ he said. ‘Fix the debt, but let me keep my corporate booty! Fix the Debt’s founders have more than $500 million in offshore corporate booty.'”

Bowlesed over.


For the Obama administration, Bowles has a number of qualifications. For one thing, Republicans adore him. Ryan has called him ‘my favorite Democrat.’ Appointing Bowles to be Treasury Secretary would ensure a smooth confirmation, and it would be interpreted as a sign of goodwill and ‘seriousness’ both by Republicans and by the media.

Er…Not a single one of those are pluses. And neither the Republicans nor the media are in any way serious anymore, and they haven’t been for close to two decades. So why cater to them? In any case, Ezra Klein starts floating Erskine Bowles, one of the high priests of the deficit witchhunt, as the second term Treasury Secretary. Actually, Ezra, that’s a fucking terrible idea, because guess what? The deficit is not and has never been a real problem, and you should know that. Nonetheless, folks, start girding yourself for the Grand Bargain…Our president has made it patently clear that that’s the direction he plans to head should he be granted a second term. And this is pretty much why I won’t be posting about Election 2012 here all that often.

24.


Well, the Redskins did their part…now it’s up to us. My predictions (re: wishful thinking) for tomorrow (and keep in mind I had Gore winning the electoral vote and Dubya winning the popular vote last time around):

  • Thanks to an almost 60% turnout, Kerry wins bigger than expected, carrying between 300 and 315 electoral votes and 51% of the popular vote to Dubya’s 48%. [He’s pulling 298 in the final polls and seems to have the Mo, so this isn’t completely out of left field…particularly once you factor in the mobile vote.]
  • The night also ends earlier than expected, with Kerry winning the treasured trifecta of Pennsylvania, Florida, and Ohio. Or, if Dubya’s Diebold minions manage to steal Ohio, Kerry offsets with Minnesota, Michigan, Wisconsin, and Iowa. [I really hope we don’t have to wait for the Hawaii vote to come in, although I guess I’d prefer that to another recount fiasco.]
  • In the Senate, I think the GOP will almost assuredly keep control, or at most slip into a 50-50 Edwards-breaking tie. Daschle will eke by in his close race thanks to the high turnout. Alas, Democrat contenders Mongiardo in KY, Tenenbaum in SC, and Carson in OK will all fall after spirited contests. That being said, I’ll say that Erskine Bowles of NC will be a new Democratic face in the Senate, that Pete Coors goes down in Colorado, and that tomorrow night will obviously be Obamatastic.
  • In the House, unfortunately, the GOP will begin its second decade in power, thanks in part (as the Post noted) to DeLay’s gerrymandered Texas. Ah, well, baby steps…we’ll get the Hammer and his cronies out in 2006.

Well, if nothing else, it should be a lively evening, and I for one am eagerly anticipating Dubya’s Rove-penned concession speech. So, until tomorrow, vote early, vote often, and vote Kerry-Edwards!

Leap of Faith.

In a decision that may prove costly for Congressional Dems in 2004, John Edwards cancels his Senate bid to focus full-time on running for President. (I’d say Erskine Bowles is a strong back-up candidate – still, Dems are rarely an easy sell in North Carolina). I presume Edwards is making this move to gather some momentum and try to stake out the “Son of the South” slot in the top tier before Clark shows up to steal his mojo. As I’ve noted before, Edwards plays the populism angle very well, but he’s going to have a seriously uphill battle should the General join the fight. And at the moment he’s got ground to make up in my mind for his defense of the Patriot Act.

Fight to the Finish.

On the day before the big show, many of the wonks predict Republican gains in the House. But, on the brighter side for the Dems, it’s looking like Erskine Bowles has an outside chance of stealing Jesse Helms’ seat from Liddy Dole.