Thursday, January 24, 2008

I've All But Crossed Huckabee off my List...

This Washington Times article really highlights the Huckster's tenure as Governor of Arkansas, and why he is NOT the right man to be the GOP nominee, let alone leader of the free world.

Diverting the funds of a conservative PAC to a Democrat who was opposed by a Republican in a state legislature race, demanding people be "with Huck or against him", calling other Republicans "shi'ites" (which, in return, Arkansas Republicans called him a "Christian Socialist"), and attempt to find any reason to destroy any Republican who didn't fall in line with him.

He seems like a nice enough guy, but...

Tax Rebate Plan Reaches Tentative Agreement

Looks like a decent way to stimulate the economy without too much governmental "heavy-handedness".

Should the plan go through as it is rumored to stand...
- Tax rebate of $300 to individuals ($600 for married couples), and an additional $300 per child with a cap of $1,200 per family.
- Workers who made more than $3,000 in 2007 are eligible for the rebate.
- Income cap for eligibility is $75,000 for individuals, $150,000 for married couples.

The Democrats were flexible on not extending unemployment benefits for those reaching the 26 week limit and not increasing food stamps, while Republicans were flexible on the minimum income level of eligibility to the point of almost any person earning a paycheck will receive a tax rebate (the original income minimum was much higher in the original Bush proposal). Should the proposal be passed and signed by President Bush, tax rebate checks should arrive in most American mailboxes sometime in June.

Basically, everyone from the working class up to the upper-middle class will benefit from this.

Also part of the Economic Stimulus proposal...
- Fannie Mae and Freddie Mac will be able to buy homes over the current limit of $417,000.
- Tax cuts for businesses, small and large.

For the first time in a while, we're seeing government working together to provide a sensible solution to a major problem...which is "how to stimulate an uncertain economy." I'm glad to see that the Dems went the sensible route, hopefully this sensibility becomes a trend.

Tuesday, January 22, 2008

Fred Thompson Drops Out of GOP Race, Who Should I Endorse Now?

So my man, Fred Thompson, is out of the race officially. Between the not-so-hot finishes in Iowa and South Carolina, tending to his sick mother last week, and a mixed GOP base...I can see why things just didn't go for him this time.

Since Thompson hasn't endorsed anybody, I now have to find a new candidate to support.

Do I go with John McCain, Mitt Romney, Rudy Giuliani, Mike Huckabee, or Ron Paul? Well, let me weight them out...

Mike Huckabee...while I like the idea of the FairTax, I don't think it is something that could be implemented without serious short-term economical damage. Other than that, Huckabee doesn't have much going for him with me. His record on issues isn't very sparkling when it comes to fiscal prudence, and he's heavy on the SoCon platform, which is very divisive in today's political sphere. Factor in Huckabee's lack of real ideas on the foreign policy front, and there isn't much for me to agree with as far as I've seen. Until he shows me something different, I cannot (in good faith) support Huckabee. Not with these other candidates in the field.

Ron Paul...while I like limited government and free markets, Paul strikes me as just a tad too isolationist for my tastes, especially since we're a big part of the global economy. Paul wants to pull out of Iraq immediately, even though many Dems even agree that things are now going in our favor and we can create a better situation in that region if we continue on the current course. I like libertarian ideals, but I'm a federalist at heart, and Paul and I just don't quite click enough to work.

John McCain...I respect McCain's independent streak, and I agree with him on fiscal issues (not just tax cuts, but spending cuts are necessary). He claims to have "heard the people" in regards to immigration, but that remains to be seen. McCain has the experience, the bipartisan appeal, and the intelligence to be a good leader. However, with that comes a certain amount of unpredictability about his performance. Then again, I thought McCain would've been a good leader in 2000 over George W. Bush. 50/50 shot with McCain, here.

Rudy Giuliani...The man I originally leaned towards for President until Fred Thompson came around and inspired me to endorse him. Rudy is smart on most of the issues, but has been basically repeating the same routine for about 8 months now. However, should he win Florida, the race changes dramatically. I like Rudy, and I think he'd make a pretty good leader. However, he's been dormant for so long that I don't know what to think.

Mitt Romney...Mitt appeals to me on fiscal issues, but has changed his position on various issues to move himself further to the right from where he was as a candidate for the U.S. Senate and as Governor of Massachusetts. With the economy being the top priority for the majority of voters right now, I would believe that Romney could be one of the best candidates to bring revival to the American economy, as he (along with his father) is a model of capitalist success. Another possible pick, but I'm just not sure at this point.

Do any of you have any ideas? Here's your chance to sell your candidate to me.

Oh, No...He's Gone Quiet Again!

Once again, I've been pretty silent as of late. I'll tell you why...

- I'm moving at the beginning of March. No, I'm not going to Florida as I had alluded to many months ago. I'll be moving to New Market, VA. Simply relocating from one end of Shenandoah County to another. However, getting everything situation requires time and effort.

- My writing time is no longer solely dedicated to politics. I was recently hired to start writing a monthly opinion column that deals with a guilty pleasure of mine...pro wrestling. When the column is up and running (next month), I'll link my columns there for you wrestling fans.

- Busy times...when it comes to real life (i.e. away from the blogosphere) I work in the banking industry, so times are busy right now for many reasons.

I'm hoping that, as life stops getting in the way, I'll return to bringing you more of what comes to my mind, but for the time being, posting will be fairly sparse compared to months past.

Friday, January 18, 2008

Enjoying the Civility

You know, Virginia Republicans (bloggers in particular) seem to have really learned something from last year's GA Primary season. The vitriol, anger, and bitter fight for control of the heart and soul of the party seems to have subsided.

Now, there seems to be a genuinely different tone about this year's Senate primary between Del. Bob Marshall (R-Prince William) and former Governor Jim Gilmore. A good example of the change in tone comes from an area that is home to one of the most bitter grassroots battles in recent memory, the SWAC-lands (Staunton/Waynesboro/Augusta County), the epicenter of last year's nasty 24th Senate District primary between Sen. Emmett Hanger and businessman Scott Sayre.

For instance, see SWAC Girl's post on Marshall-backer (and former RPV spokesman) Shaun Kenney visiting the SWAC-area GOP's Breakfast. She posts a picture of herself, Kenney, Augusta GOP Chairman Kurt Michael, and Chris Green (who you all know as Spank That Donkey). She notes in the photo's caption that 2 of them are Marshall backers (Michael and Kenney), the other 2 are Gilmore backers (herself and Green). She also states that, no matter the winner, they will back the GOP candidate.

In the comments section of the post, an anonymous poster points out the Hanger/Sayre primary...to which SWAC Girl swiftly replies "Hanger vs Sayre is over. We have moved on."

Another example of the change in primary climate is the spirited debate between the Bloggers 4 Bob Marshall and Bloggers 4 Jim Gilmore. While they debate the pros and cons of their respective candidates, the general direction is still debating their candidate versus the presumptive Democratic Party nominee, former Governor Mark Warner. This unity will help Republicans as they move beyond the primaries and into election season.

Basically, two very encouraging trends can be taken from the current GOP primary season in Virginia.
- A lack of "piss and vinegar" running through the veins of opposing sides.
- An engaged, lively, intelligent debate about the pros and cons of each candidate.

Kudos to Virginia's conservative blogosphere and the grassroots in general in really doing a superb job in promoting their respective candidates in the best manner possible.

Proof That We're Almost Out of Iraq the Right Way

The Iraqi army may be able to take control of all 18 provinces by the end of the year.

Iraq's army and police could be ready to take over security in all 18 provinces by the end of this year as the U.S. military moves toward a less prominent role in the country, U.S. officials said on Thursday.

"We look at it every month. We make recommendations. I think that if we continue along the path we're on now, we'll be able to do that by the end of 2008," Lt. Gen. Ray Odierno, the No. 2 commander of U.S. forces in Iraq, said when asked when Iraqi forces could take the lead in all provinces.

He said that a joint operation under way led by Iraqi troops and supported by U.S. troops against al Qaeda militants in the northern city of Mosul was a model for the future.

The Iraqi army is already controlling security in 9 provinces, and this spells good news as President Bush is looking to withdraw 20,000 troops permanently sometime this summer. As we see, the surge is working and things are finally going the way they should be. Now, the only real hurdle to complete success is getting the Iraqi government on task.

Fortune Magazine Calls Hillary's Housing Propsal "Dumb"

Jon Birger rips into Hillary Clinton's proposal to fix the mortgage problem in the nation.

Hillary Clinton is no dummy. Even her detractors know that. And yet in last night's Democratic presidential debate in Nevada, Clinton floated what is perhaps the dumbest solution to the current mortgage mess I've heard from a top presidential contender.

And why...?

Where Clinton goes awry is her proposal to freeze mortgage rates for five years, which is essentially a much broader version of a deal President Bush recently hammered out with lenders to assist some subprime borrowers. If Clinton's only goal were to bail out homeowners facing steep rate resets on adjustable mortgages, her plan would work just fine.

For everyone else though, such a freeze would be disastrous. Interest rates on new mortgages would skyrocket - perhaps past 8 percent, as the mutual funds, pension funds and other investors who typically provide capital to the mortgage market shift their money into other investments where the government isn't impairing returns. With higher mortgage rates eroding buying power, the downward pressure on home prices would only increase. Lower home prices would lead to even more defaults, as more folks who'd lost the equity in their homes choose to walk away from their mortgages.

Ouch. So Hillary's plan would hurt investments of various kinds, including my 401k. Birger continues, comparing the other Democratic frontrunner's plan.

Barack Obama, meanwhile, wants to require better disclosure by lenders (of low teaser rates, for example) and, like Clinton and Edwards, proposes a government fund to help borrowers transition from unaffordable adjustable mortgages to lower-rate fixed ones.

That's smart and at least sensible. What is interesting is that not even liberal economists find Clinton's idea as sensible policy.

However, when I discussed Clinton's plan with a more sympathetic economist - one who'd worked for Bill Clinton - his reaction was much like mine and Duncan's. "This is an ugly correction, but it's a necessary one," says Jared Bernstein, senior economist with the liberal-leaning Economic Policy Institute. "This kind of an idea is a little bit of untying your shoes with a buzz-saw."

Hillary Clinton...no need for on the job training in the White House, because plans like this will definitely keep her out of it.

Thursday, January 17, 2008

Today In History: The Seeds of The Podium are Sown

January 17, 1983

One day after the Washington Redskins secured NFC Championship by walloping the Dallas Cowboys 31-17 at RFK Stadium, we switch our attention a few miles north of the site of the historic win.

The place: Washington Adventist Hospital - Takoma Park, Maryland.

It's the coldest day of the year in the area. A Dutch-Irish firefighter and a Brazilian immigrant welcome into the world a healthy, happy baby boy.

This baby boy was born on the same day that events such as the Northridge Earthquake, the start of Operation Desert Storm, "Cold Sunday", and the debut of Popeye the Sailor Man.

This baby boy celebrates a birthday with many famous people.

- legendary gangster Al Capone
- actor Jim Carrey
- boxing great Muhammad Ali
- former Va. Governor and Mayor of Richmond, Doug Wilder
- actor James Earl Jones
- comedian Andy Kaufman
- guitarist Mick Taylor of the Rolling Stones
- NBA superstar Dwayne Wade
- rock star Kid Rock
- rapper Lil Jon
- talk show host Maury Povich
- actress Betty White
- comedian Steve Harvey
- former Redskins and Cowboys Quarterback Eddie LeBaron
- Michelle Obama, wife of presidential candidate Barack Obama
- dancehall reggae star Shabba Ranks
- actress Zooey Deschanel
- cosmetologist Vidal Sassoon
- hockey star Jeremy Roenick
- Playboy and Reality TV star Andrea Lowell (Lowell even shares the same birth year)

However, this day should be remembered for one of the greatest moments of all mankind. One that symbolizes the anniversary of the day the world changed forever. The birth of the savior of sanity, the paragon of virtue, and the voice of reason.

Today is my Birthday. :)

Am I modest, or what? LOL. Happy Birthday to me!