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Sat Oct 04, 2008 at 10:25 AM PDT

NBER for Obama!

by lerxst

Cross-posted at Economists for Obama

The Economist magazine surveyed members of the prestigious National Bureau of Economic Research (NBER) and responders overwhelmingly think Obama far surpasses McCain in his grasp of economics and think Obama's plan is superior.  (h/t to Freakonomics).  These numbers are truly staggering!  Sorry Marty! (former head of NBER and McCain supporter)

Follow me after the jump for the graphs:

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UPDATE: Its not entirely clear to me that even if a flood of orders for redemptions come tomorrow (for the end of the year) that it will necessarily lead to a big selloff tomorrow --this may just occur over the 4th quarter. Of additional concern however, is that end of quarter reporting or "window dressing" may force the unwinding of positions tomorrow.

(crossposted at Economists for Obama)

We may have even more chaos to look forward to in financial markets tomorrow as hedge fund redemptions cascade in for the end of the quarter as the NYT reports:

(see you after the jump)

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UPDATE:  fixed some of the missing ones that got lost in html land

The latest McCain gaffe (not knowing the Spanish Prime Minister) is number 16 on my list of recent foreign policy gaffes by McCain.  I'm going to have to add this to my earlier list of gaffes in my post "At the Feet of the Master"

We learned from McCain's campaign manager Charles Black that apparently Sarah Palin will:" learn national security at the foot of the master for the next four years, and most doctors think that he'll be around at least that long"

I guess that means that Sarah Palin will learn:
to confuse the sunnis and shiites
that Iraq borders Pakistan

See the remaining 13 over the fold...

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(This is a variation on my post at Economists for Obama)

A number of bloggers and journalists have cited the recent study (pdf) published in the journal Health Affairs that shows how the McCain plan would reduce the number of insured over the long-run through changes in the tax treatment of health coverage.  

What's overlooked is that there are some other negative aspects to the McCain plan that are worth emphasizing and that all voters but particularly women should be aware of.  (details are over the fold)

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x-posted at Economists for Obama

There are a number of points worth addressing in countering the Wall Street Journal oped piece by Martin Feldstein and John Taylor.  The most important one is that they rely on the complicated nature of McCain's so called health plan to obfuscate one very salient point:  More people will get a tax cut under Obama's plan than McCain's.  (I hope this is a clear enough statement for Krugman)

First, its important to note that despite their misleading rhetoric, even Feldstein and Taylor acknowledge that 95% of families will see tax relief under Obama's plan:

(Join me over the fold for more...)

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[NOTE: Several commenters have noted that I should really talk about Obama's executive experience heading a Senate staff and running a national campaign--which are excellent points.  There's also some criticism that one should not even make the comparison between Obama and Palin--which I'm totally sympathetic to --this is offered in the spirit of countering a dumb talking was also meant to be a bit tongue-in-cheek]

According to Josh Marshall, conservative blogs are making a big deal out of Palin being mayor (part-time) of Wasilla --as a measure of her "executive experience", so I thought I'd highlight this post I wrote yesterday:

When Barack Obama was President of the Harvard Law Review he likely had at least as much executive experience as Sarah Palin did as Mayor of Wasilla by at least one measure.

I count a staff of 90 individuals who currently are managed by the President of the Harvard Law Review.  (I verified from a former HLR alum that the Prez actually does have managerial responsibiliy over the Board of editors).  

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Sat Aug 30, 2008 at 10:56 PM PDT

" the feet of the master"

by lerxst

x-posted at Economists for Obama

We learned from McCain's campaign manager Charles Black that apparently Sarah Palin will:

" learn national security at the foot of the master for the next four years, and most doctors think that he'll be around at least that long"

I guess that means that Sarah Palin will learn:

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Sat Aug 30, 2008 at 08:23 PM PDT

Ron Paul's Rally and the Divided GOP

by lerxst

x-posted at Economists for Obama

(Note:  NMDan wrote a nice diary on this topic last Monday but I thought it was worth raising again in light of the Palin pick and the emerging rifts in the GOP)

I shouldn't be surprised, but I have seen no reporting of Ron Paul's "Rally for the Republic" -an event that is being held at the same time as the GOP convention in Minneapolis. Interestingly the rally has sold nearly 10,000 tickets.  Contrast that with the media's incessant discussion of divisions among Democrats last week and the coverage of the 50 or so "PUMAs" (Party  Unity My Ass) who supported Hillary and refused to vote for Obama.

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Wed Mar 12, 2008 at 07:32 PM PDT

Carolina on Her Mind? (w/poll)

by lerxst

X-posted at Economists for Obama
You've really got to wonder if the ugly Ferraro spectacle isn't deliberate as Will Bunch suggests.

As I was ruminating about the motivations that might have led the Hillary campaign to let Ferraro loose, one thought that occurred to me was that with North Carolina's primary still to go, who can forget this raw appeal to white people's worst fears about a black candidate...that he'll protect his own first:


Was the Ferraro parade on TV deliberate

68%101 votes
25%38 votes
2%4 votes
3%5 votes

| 148 votes | Vote | Results

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Fri Feb 22, 2008 at 07:36 PM PST

hmm....Dowd on Sunday? [with poll]

by lerxst

(X-posted at Economists for Obama)

Now let's see, what oh what will Maureen Dowd find to write about this Sunday? I'd think its a sure bet that the name "Iseman" will feature in there. Maybe some reference to the golden dress she's wearing in the photo that's all over the news. Some references to Cindy's hair?


What will Dowd write about?

35%21 votes
1%1 votes
18%11 votes
1%1 votes
42%25 votes

| 59 votes | Vote | Results

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First he plagiarizes Deval Patrick, now it turns out that Obama has stolen an idea from Gandhi.

Of course Obama in an attempt to be clever did not steal the line verbatim.

Obama has been saying

"We are the change we have been waiting for"

whereas Gandhi said:

"We need to be the change we wish to see in the world"

This changeup on the original line tripped up Charles Krauthammer who thought it was all "rhetorical nonsense"...but the cultists got the desired message! thing you know he might start plagiarizing Martin Luther King or something.

/end snark


Crossposted at Economists for Obama

Hillary's campaign is so desperate that they quoted a McCain advisor, Kevin Hassett to attack Obama's economic plan as just a copy of Hillary's.

First of all shame on Hillary for using Republican talking points.

Second of all...KEVIN HASSETT...all you need to know is two words "Dow 36000", a book co-authored by Hassett in 1999 predicting that the Dow would be three times higher than its current 12000 level.

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