Corn has broken stories on presidents, politicians, and other Washington players. He's written for numerous publications and is a talk show regular. His best-selling books include Hubris: The Inside Story of Spin, Scandal, and the Selling of the Iraq War.
On Friday afternoon, the McCain-Palin camp released the last two years of Sarah Palin's taxes. (Only the last two?) The campaign's summary notes that Sarah and Todd Palin had a gross income of $166,080 in 2007, her first year as governor. The couple donated $2500 to charity that year and also made "non-cash" donations of $825. This represented 1.5 percent of their adjusted gross income.
The average American donates about 3.1 percent of his or her income to charity. Many churches recommend tithing 10 percent.
For the past few weeks, it's seemed as if Sarah Palin has been a contestant in the ultimate version of the reality show America's Toughest Jobs. She passed the first challenge: give a Big Speech. She did fine on the next one: hit the campaign trail. She royally screwed up the third challenge: give a Big Interview. Then came the most difficult one: hold your own in a Big Debate. And she did.
For 90 minutes Governor Palin, who had become a bleeding ulcer for the McCain campaign, stuck to well-crafted talking points, recited them with passion and conviction, and played the part of the spunky, down-home, up-North middle-class-mom-turned-governor well. She did not demonstrate much depth in policy knowledge, but she managed to display treading-water familiarity with the obvious issues of the day. (Media and advocacy group factcheckers will soon be producing the list of her factual misrepresentations.) It helped that moderator Gwen Ifill did not pose questions that might push her off her script. Palin repeated buzz phrases--"greed and corruption of Wall Street," for instance--over and over. (She was obviously coached to use the word maverick repeatedly, former Republican Senator Rick Santorum observed after the debate.) For some viewers, her autopilot replies might be a turnoff. But for conservatives and independents who want to like her, she probably performed well enough--and she probably performed well enough to stop the hemorrhaging she had caused the campaign.
Which means that perhaps John McCain will return to center stage, as Palin--and her uninformed responses to Katie Couric's questions--becomes less of an issue.
Four recent polls showing Barack Obama moving ahead of John McCain in the all-important state of Florida--and leading McCain there by 3 to 8 points--have sent Sunshine State GOPers into a (secret) panic. The St. Petersburg Timesreports:
Florida Republican leaders hastily convened a top secret meeting this week to grapple with Sen. John McCain's sagging performance in this must-win state.
Their fears were confirmed Wednesday when four new polls showed Sen. Barack Obama leading, a reversal from just a few weeks ago when McCain was opening up an advantage....
With some grass roots organizers complaining about coordination problems with the campaign, Republican Party chairman Jim Greer gathered top officials at the state headquarters in Tallahassee on Tuesday afternoon. He swore the group to secrecy.
When asked about it by the St. Petersburg Times, Greer confirmed the meeting. He largely declined to discuss what was said.
Or what they are planning. Note to Democrats, rent Recount--just in case.
Is John McCain exaggerating his past relationship with Sarah Palin?
On Wednesday, NPR's Steve Inskeep interviewed McCain, and he started the session with questions about McCain's running mate, Governor Sarah Palin. Noting that Palin had repeatedly pointed to Alaska's proximity to Russia, Inskeep asked what that adds to her foreign policy qualifications. McCain referred to "the fact that they have had certain relationships." Presumably, by "they" he meant Alaska and Russia, but he did not specify what these "relationships" entailed. And Inskeep did not ask him to. (In her interview with Katie Couric, Palin referred to trade missions between her state and Russia--activity which apparently did not involve her.) McCain then changed the subject and maintained that Palin has great expertise on energy issues, inelegantly remarking, "She has oversighted the natural gas and oil and natural resources of the state of Alaska."
Then came a dramatic statement. Inskeep asked, "Is there an occasion when you can imagine turning to Gov. Palin for advice on a foreign policy crisis." McCain replied,
I've turned to her advice many times in the past.
Many times in the past? According to the McCain campaign, McCain first met Palin in February at a Washington meeting of the National Governors Association. Here's how McCain's own campaign on August 29 described the interactions between the two:
Kevin urges readers to call members of Congress and tell them to vote for the $700 billion bailout bill. In an earlier posting, he explained why he favors the plan. But before readers pick up the phone, they might want to read what Mother Jones contributor Nomi Prims says about the bailout. Or what Mother Jones contributor James Galbraith has to say. Or what economist Dean Baker has to say.
Almost every economist I know rejects the Paulson approach and argues instead for directly injecting capital into the banks. The taxpayers give them the money and then we own some, or all, of the bank. (That's what Warren Buffet did with Goldman Sachs.)
This isn't about begging for a sliver of equity as a concession for a $700 billion bailout, this is about constructing a bank rescue the way that business people would do it. We have an interest in a well-operating financial system. There is zero public interest in giving away taxpayer dollars to the Wall Street banks and their executives.
If Secretary Paulson constructed a package that was centered around buying direct equity stakes in the banks, he could quickly garner large majority support in both houses. Better yet, Congress could just construct its own package centered on buying equity stakes and send it to President Bush. If he balks, we can just threaten him with stories about the Great Depression.