Phil Gramm: Gone But Not Forgotten

For indispensable reporting on the coronavirus crisis and more, subscribe to Mother Jones' newsletters.


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.

THE BIG PICTURE

You expect the big picture, and it's our job at Mother Jones to give it to you. And right now, so many of the troubles we face are the making not of a virus, but of the quest for profit, political or economic (and not just from the man in the White House who could have offered leadership and comfort but instead gave us bleach).

In "News Is Just Like Waste Management," we unpack what the coronavirus crisis has meant for journalism, including Mother Jones’, and how we can rise to the challenge. If you're able to, this is a critical moment to support our nonprofit journalism with a donation: We've scoured our budget and made the cuts we can without impairing our mission, and we hope to raise $400,000 from our community of online readers to help keep our big reporting projects going because this extraordinary pandemic-plus-election year is no time to pull back.

THE BIG PICTURE

You expect the big picture, and it's our job at Mother Jones to give it to you. And right now, so many of the troubles we face are the making not of a virus, but of the quest for profit, political or economic (and not just from the man in the White House who could have offered leadership and comfort but instead gave us bleach).

In "News Is Just Like Waste Management," we unpack what the coronavirus crisis has meant for journalism, including Mother Jones’, and how we can rise to the challenge. If you're able to, this is a critical moment to support our nonprofit journalism with a donation: We've scoured our budget and made the cuts we can without impairing our mission, and we hope to raise $400,000 from our community of online readers to help keep our big reporting projects going because this extraordinary pandemic-plus-election year is no time to pull back.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate

We have a new comment system! We are now using Coral, from Vox Media, for comments on all new articles. We'd love your feedback.