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Newsweek’s Daniel Gross explains the Consumer Price Index (here’s the official BLS site) in a very simple video. I could do without the goofy sound effects, but it’s a good, 2 minute explanation of how the government tracks inflation.

Per David Simon’s Berkeley talk, though, the video doesn’t go into why this matters. Perhaps they’ll cover that in the next installment of the Economics 101 series.

(via @newsweek, Newsweek’s Twitter feed)

2:42 pm | leave a comment
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Excerpt:

YOU CAN READ 1,000 profiles of GOP presidential front-runner John McCain without encountering a single paragraph examining his core ideological philosophy. His career is filled with such distracting drama — torture at the Hanoi Hilton, noisy conversion to the campaign-finance-reform faith, political suicide on the Straight Talk Express — that by the time you’re done with the highlights, and perhaps a few “maverick” anecdotes, time’s up.

People are forever filling in the blanks with their own political fantasies. Third party candidate! John Kerry running mate! Far-right warmonger! Republican In Name Only! But with the announcement that the popular Arizona senator has formed his presidential exploratory committee, it’s time for our long national guessing game to end.

Sifting through McCain’s four bestselling books and nearly three decades of work on Capitol Hill, a distinct approach toward governance begins to emerge. And it’s one that the electorate ought to be particularly worried about right now. McCain, it turns out, wants to restore your faith in the U.S. government by any means necessary, even if that requires thousands of more military deaths, national service for civilians and federal micromanaging of innumerable private transactions. He’ll kick down the doors of boardroom and bedroom, mixing Democrats’ nanny-state regulations with the GOP’s red-meat paternalism in a dangerous brew of government activism. And he’s trying to accomplish this, in part, for reasons of self-realization.

Worth reading, as it’s the first time I’ve read this type of take on John McCain.

(via Atrios)

7:00 pm | leave a comment

McCain’s descent into right-wing pandering hell continues. These issues don’t mask good governance, and McCain is showing poor judgement by burning bridges on those issues where he’s shown good, nuanced policy judgement.

(via this site)

7:14 pm | leave a comment

Very long, but very good rundown. Excerpt:

We expect that some of our readers are angry that we’re raising these matters. Good. You should be angry that anybody would raise John McCain’s wife’s addiction to painkillers, or a supermarket tabloid report about George and Laura Bush’s marriage. It is, as David Broder once wrote, no way to pick a president.

But if you’re angry about this, you should be far more angry that for years, the media has employed a double-standard in covering progressives and conservatives. You constantly hear about the Clintons’ personal lives on television; you read about it in the newspaper. John McCain doesn’t get the same treatment; nor does George Bush or Rudy Giuliani. Intrusive, irrelevant tabloid-style coverage of candidates is wrong. Intrusive, irrelevant tabloid-style coverage of some candidates, while others are afforded an appropriate zone of privacy is even worse. And it can’t go on.

11:39 am | leave a comment

John McCain has been in the news a lot over the past few weeks but a couple of recent stories have prompted me to lay down my thoughts on him and his eventual campaign to be our next President.

I get asked often enough whether I would ever vote for a Republican. I sincerely believe that I would, if the right candidate appeared. I’m not a fan of either party, really, and believe heterogeneity is generally the best situation for the country. The two parties tend to work best when both share power rather than the way thing are right now.

Of course, I still don’t trust President Bush, and I was opposed to his candidacy in both elections. The modern Republican party and Bush’s path to power both have much in common. Dirty campaign tactics and and their embrace of the far, far right wing of this country have been critical to their victories.

McCain’s candidacy brings a particular light to the ascendency of the far right in the Republican party. The Arizona Senator wants to be seen as a maverick, but has been acting more like a standard issue Republican. The better he sees his chances at becoming President, the further and further to the right he moves. It has been especially clear on those issues where McCain demonstrated his maverick tendencies.

McCain began his move to the far right in earnest during the 2004 campaign. He, rather suddenly, embraced President Bush, ending speculation that he would join the Democratic ticket. Rumors circulated at the time (and still do) that he made a Faustian bargain to boost his own chances in 2008.

Recent reports have started confirming some of this. A front page WaPo story a few months ago detailed the behind-the-scenes moves McCain is making to build out his campaign with Bush staffers and supporters. Where he once called out the likes of Jerry Falwell, he now has reached out to Falwell and to other far right wingers. He’s now supporting the tax cuts he once “[couldn't] in good conscience support”.

Former supporters have begun noticing. Arianna Huffington, a former passenger on the Straight Talk Express, has jumped ship:

There can be no doubt: McCain’s blatant desire for the White House has caused him to abandon the Straight Talk Express and hop on board the Bullshit Express. Talk about “pimping your ride.”

I find it deeply ironic that, at a time when voters are desperately longing for a political leader with authenticity, a man who defined the authenticity brand has now decided to screw with the formula.

The New McCain is the political equivalent of New Coke — and will meet with the same disastrous results.

Michael Kinsley has my favorite observation so far:

All successful politicians must have at least some talent for telling lies about what’s in their hearts and convincing people that it is the truth. But Sen. John McCain has a unique genius for telling the truth from his heart and making people believe that he is lying. And these people are his supporters! They admire him as a straight-talking truth–teller, and they forgive him for taking positions on big issues that they find repellent on the grounds that he doesn’t really mean what he says.

It’s time to call him on this hypocrisy, much as Jon Stewart did on the Daily Show. He should be asked about this at every single public interview and appearance. If McCain wins in 2008, he will owe much to his reputation as a straight talker and a maverick. He will campaign on this issue, as well. I hope to see numerous “he was against the tax cuts until he was for them” ads on TV, as well (OK, not really).

At one of John McCain’s recent commencement appearances, a graduating student dropped her original remarks for a speech prepared to address McCain’s presence directly. The more remarkable thing to me is that he was painted as part and parcel of the Republican establishment and, judging by the reaction, people are buying it. (by the way, what the hell was he thinking showing up at the New School anyway??)

His candidacy will be an interesting one. He’s become a pragmatist who values his own aspirations more than the principles he claims to hold dear. The path to the far right will not be easy to return from. The pressure to remain with the far right will remain until he wins re-election and is free campaign politics. If he’s able to convince enough moderate and left-leaning Americans that he’s still a maverick, he’ll win. That’s all it comes down to. He hasn’t convinced me, and I hope he convinces few others.

12:31 am | leave a comment