Phil Gramm: Gone But Not Forgotten

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One of my favorite excuses in public life is the distraction excuse. It’s used when someone is caught doing something he or she ought not to have done but does not want to admit the screw-up. So the wrongdoer says he or she is resigning, quitting, or running away to not become a “distraction” that diverts attention from a greater cause.

Thus, when former Senator Phil Gramm quit as cochairman of the McCain campaign, he did not acknowledge that his headline-making comments (Americans worried about the economy are “whiners” and there is nothing but a “mental recession” under way) were worthy of dismissal or that his past as a lobbyist for a Swiss bank and a Senate committee chairman who committed a backroom maneuver that led to the subprime crisis made him (or should have made him) radioactive for McCain. No, he took the faux noble route of purported self-sacrifice. Here is his statement:

It is clear to me that Democrats want to attack me rather than debate Senator McCain on important economic issues facing the country. That kind of distraction hurts not only Senator McCain’s ability to present concrete programs to deal with the country’s problems, it hurts the country. To end this distraction and get on with the real debate, I hereby step down as Co-Chair of the McCain Campaign and join the growing number of rank-and-file McCain supporters.

Yep, the only problem is those awful Democrats who want to turn Gramm into a pinata-for-McCain. It does seem that McCain’s foes will no longer have Gramm to kick around. But it sure won’t be a distraction for Democrats to remind voters that when McCain was seeking economic advice he turned to a Swiss bank lobbyist who previously had helped steer the nation into the subprime debacle, for while Gramm may be gone, the consequences of his actions are still very much present.

HERE ARE THE FACTS:

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ONE MORE QUICK THING:

Our fall fundraising drive is off to a rough start, and we very much need to raise $250,000 in the next couple of weeks. If you value the journalism you get from Mother Jones, please help us do it with a donation today.

As we wrote over the summer, traffic has been down at Mother Jones and a lot of sites with many people thinking news is less important now that Donald Trump is no longer president. But if you're reading this, you're not one of those people, and we're hoping we can rally support from folks like you who really get why our reporting matters right now. And that's how it's always worked: For 45 years now, a relatively small group of readers (compared to everyone we reach) who pitch in from time to time has allowed Mother Jones to do the type of journalism the moment demands and keep it free for everyone else.

Please pitch in with a donation during our fall fundraising drive if you can. We can't afford to come up short, and there's still a long way to go by November 5.

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