Tuesday Reads: Gordon Gekko for President?

Good morning! Today is the New Hampshire primary. We’ll live blog the returns later tonight. As of last night, Gordon Gekko Mitt Romney had a big lead in the polls, with Ron Paul second and John Huntsman and Rick Santorum tied for third place.

Romney, the former governor of neighboring Massachusetts, holds a 24 percentage point lead over his closest rival, with 41 percent of likely Republican primary voters indicating they’d vote for him, the WMUR New Hampshire Primary Poll said.

U.S. Rep. Ron Paul from Texas was favored by 17 percent of likely primary voters, followed by former Utah Gov. Jon Huntsman and former U.S. Sen. Rick Santorum of Pennsylvania, each with 11 percent, and former House Speaker Newt Gingrich collecting 8 percent.

Several polls indicated Gingrich would finish in the top three.

“All of the candidates behind Romney have a good chance finishing anywhere between second and fifth place,” said Andrew Smith, director of the UNH Survey Center in Durham.

Yesterday Romney stepped in it again when he told an audience that he really likes firing people.

The final day of campaigning saw Romney under fire for a comment about health insurance that quickly became fodder for criticism.

Asked about the issue in Nashua, New Hampshire, Romney said he wanted a person to be able to own his or her own policy “and perhaps keep it the rest of their life.”

“That means the insurance company will have the incentive to keep you healthy. It also means if you don’t like what they do, you can fire them,” he said.

“I like being able to fire people who provide services to me,” Romney added. “If someone doesn’t give me the good service I need, I want to say I am going to get somebody else to provide that service to me.”

Romney complained that everyone was taking his remarks out of context, but when you’re a former corporate raider worth $250 million, it’s probably a good idea to watch what you say about putting people out of work.

Anyway, the latest meme about Romney is that he’s Gordon Gekko brought to life. I think it’s a pretty good comparison. I don’t know if you recall the quote from the recent Vanity Fair profile of Romney that I included in a recent post:

Romney described himself as driven by a core economic credo, that capitalism is a form of “creative destruction.” This theory, espoused in the 1940s by the economist Joseph Schumpeter and later touted by former Federal Reserve Board chairman Alan Greenspan, holds that business must exist in a state of ceaseless revolution. A thriving economy changes from within, Schumpeter wrote in his landmark book, Capitalism, Socialism and Democracy, “incessantly destroying the old one, incessantly creating a new one.” But as even the theory’s proponents acknowledged, such destruction could bankrupt companies, upending lives and communities, and raise questions about society’s role in softening some of the harsher consequences.

Romney, for his part, contrasted the capitalistic benefits of creative destruction with what happened in controlled economies, in which jobs might be protected but productivity and competitiveness falters. Far better, Romney wrote in his book No Apology, “for governments to stand aside and allow the creative destruction inherent in a free economy.” He acknowledged that it is “unquestionably stressful—on workers, managers, owners, bankers, suppliers, customers, and the communities that surround the affected businesses.” But it was necessary to rebuild a moribund company and economy.

That sure sounds Gekko-like, doesn’t it?

Yesterday, Rick Klein of ABC News addressed the Romney/Gekko issue.

Virtually all of Romney’s rivals are now sensing a powerful issue. Jon Huntsman said today that the firing comment shows that Romney is “completely out of touch” with the American economy.

Rick Perry, skipping ahead a state, is calling it the “ultimate insult for Mitt Romney to come to South Carolina and tell you he feels your pain, because he caused it.”

Gingrich is equating Romney’s business style with finding “clever legal ways to loot a company.” Rick Santorum’s stump speech includes a line about not needing a CEO as president, and he suggested at ABC’s Saturday night debate in New Hampshire that Romney’s background calls into question whether he “can inspire and paint a positive vision for this country.”

Romney hasn’t made matters easier for himself as he’s tried to connect with voters on the economy. The son of a millionaire business titan said over the weekend: “I know what it’s like to worry about whether or not you are going to get fired.”

Klein claims it’s too late for any of this to affect the New Hampshire primary results. I wouldn’t be so sure. New Hampshirites are famous for making up their minds at the last minute. Remember Hillary’s surprise win in 2008?

Romney has been expecting the Gordon Gekko comparisons, so you have to wonder why he hasn’t managed to curb some of these Gekko-like remarks.  I guess he just can’t help himself.

Mitt Romney says he knows a photo in which he appears with other executives at Bain Capital LLC posing with cash in their hands, pockets and mouths will be used against him if he wins the Republican presidential nomination.

The 1980s image — called the “Gordon Gekko” photo by some Democrats, a reference to the Michael Douglas character in the movie “Wall Street” — offers an easy attack line at a time of high unemployment and sharp rhetoric against the nation’s top money managers, investors and bankers.

“We posed for a picture, just celebrating the fact that we had raised a lot of money and then we hoped to be able to return it with a good return,” Romney said on “Fox News Sunday.”

Here’s Romney’s defense of the photo on Fox News Sunday.

Andrew Leonard of Salon also discussed the comparison of Romney with Gekko.

Like Gekko, Romney made his fortune buying and selling companies; and like Gekko, he believes that his “greed is good” version of rough-and-tumble creative destruction is a positive force for America, weeding out the bad performers and nurturing lean-and-mean profit engines. If you are looking for the paradigmatic exemplar of the new style of capitalism mogul launched by the Reagan revolution, Romney is your man. Michael Douglas’ Gordon Gekko is merely ersatz.

But what Leonard finds so amazing is that this attack on Romney and his leverage buyouts is being led Newt Gingrich.

The shock is to see Newt Gingrich and his financial backers channeling the Oliver Stone critique so passionately and wholeheartedly. If you have not seen the three-minute advertisement “When Romney Came to Town,” the soon-to-be debuted documentary lambasting Romney as the enemy of the American worker, prepare to be flabbergasted.

“Their greed was only matched by their willingness to do anything to make millions in profits.”

“This film is about one such raider and his firm.”

“His mission: To reap massive rewards for himself and his investors.

“Romney took foreign seed money from Latin America, and began a pattern exploiting dozens of American businesses.”

And so on. Michael Moore doesn’t sting this hard, and MoveOn isn’t this angry. If Romney, as expected, ends up winning the Republican nomination, Obama’s campaign team can relax. Their work has already been done.

Here’s the trailer for the 27-minute documentary that Gingrich backers have purchased.


Politico calls it “the Bain Bomb.”

While conservatives look unlikely to unite around one alternative to Romney, the campaigns themselves are uniting around the theme that the former head of Bain Capital looted companies, tossed people out of jobs and is now exaggerating his success at the venture capital firm.

In the context of this moment in American politics, in which frustration with the privileged is boiling hot, the attack, from Republicans on one side and the Obama campaign on the other, will test Romney. If he ends up looking more like an opportunist who profited for the few than like a man who created jobs for the many, it’s hard to imagine his polls numbers won’t drop.

Conservative bloggers, who generally can’t stand Romney have begun defending him against his rivals attacks, and Dana Millback called Romney “the Scrooge McDuck of the 2012 presidential race. Bloomberg reports that buyout firms are getting nervous about damage to their reputations.

This could be fun to watch. I thought Newt’s attack on Romney yesterday was spot on.

Is Romney full of shit or what? He even makes Newt Gingrich look good. I hope Newt sticks around and continues letting it all hang out. Every single word he said about Romney was the truth.

I’m going to wrap this up with a more serious take on Romney from Robert Reich: Mitt: Son of “Citizen’s United.” I had forgotten that Reich ran for governor of Massachusetts in the the Democratic primary in 2002. Please go read the whole thing and try not to weep while you’re doing it.

As Reich says, Romney is the ultimate big money candidate. He was in 2002, and now with the help of the Roberts Court, he has more money than any candidate ever dreamed of before. If you thought Obama was the candidate of Wall Street–and he was in 2008–Romney is soooo much more so. He has money and connections that make Obama’s fundraising look pathetic. And none of this money even needs to be reported–it could be coming from overseas, even from foreign governments, and we’d never know.

Tonight we’ll find out of any of this barrage of Gordon Gekko/Mitt Romney comparisons will have any effect. I’m rooting for Romney to be taken down a peg. And then on to South Carolina!

Please share your links in the comments, and I hope to see you tonight for the live blog.


Zeroes Don’t Count: Politics 101

Whoever wins the vote in 2012, as Dak points out women have lost. The only thing politicians are arguing about is who can barter away more of women’s fundamental rights. It’s become a given that rights for female people are an optional frill, to be indulged only if there’s really nothing else that needs doing. They’re a “pet rock.”

Among the many brilliant discoveries by Douglas Adams, perhaps the most insightful is the one showing how to make anything invisible. It’s really easy. You just surround it with the Somebody Else’s Problem field. Something as vast as the inalienable rights of half the entire country can disappear almost overnight. Men are convinced it’s women’s problem. Women are convinced it’s poor women’s problem. Or teenagers’. Or somebody else’s. Anybody else’s. It doesn’t matter. That’s all it takes for invisibility.

The only way to destroy the field is to make it their problem, which, in this particular case, means making politicians pay a price when they try to turn women into fungible incubators.

Well, the only hold we voters have over politicians is our vote. Nothing else.

They’re convinced, and with good reason, that everything else can be bought. Advertising to try to get votes depends on money. Cushy post-government jobs depend on networking. Voters can’t influence any of that. The actual vote is the only thing a voter controls.

So it’s our one and only tool, our one and only leverage. Nor is it a minor thing. As madamab notes, “The bottom line is this: Women. Win. Elections. Not only do we make up the majority of volunteers for political campaigns in general, not only do we donate in droves, but we also vote. A lot. And wherever we go en masse, is wherever the winning candidate goes.”

But if you can’t withhold your vote from a politician, you have zero leverage. You don’t count.

If something else is more important, dead wedding guests to take Ian Welsh’s example, then you have to ask yourself a couple of things.

As a matter of practical fact, have the dead innocents stopped piling up under Obama? No. The talk is prettier, but the walk is the same.

The other question is whether ignoring your own rights actually solves anybody else’s problems. Does trampling women’s human rights result in a better world? Does it end war? Stop poverty? Eradicate ignorance? Stop global warming? Transition us all to sustainable energy? Provide prosperity and military supremacy? No. No, no, no, and no. So, by putting yourself second, nobody else gets a better life and everybody loses.

Trampling women’s human rights makes no sense in any universe. Not in principle, where compromising those inalienable rights leads only to greater compromises because trampling rights is habit-forming. Not in practical politics, where the extortioners take your vote but don’t have the honesty of a common criminal and don’t even hand over whatever mess of pottage your vote was supposed to buy.

So vote for Obama if you feel you have to because the other Republicans talk like bigger sociopaths, but do it without illusions. Things will continue to get worse. Your rights will continue to vaporize. However, otherwise things might become as bad sooner.

Or they might not. Some people might make feeble cries of protest when Republicans impoverished and killed people. 2% less evil, skull with one crossbone

Or, maybe, the 2%-less-evil-Republicans (aka “Democrats”) will be the difference that saves us from the apocalypse. I can’t say that I see that last possibility myself. All I see is that voting for Obama means active participation in our own destruction. That’s worse than refusing to help. It’s worse even when the end is the same.

There is another choice. Own your vote. Refuse coercion, extortion, and hostage-taking. Vote third party or write someone in. Sure, we’ll lose this time. But if enough of us lose together, it’s the first step to not losing.

Crossposted from Acid Test


Saturday Reads: Abortion, Loss, Grief, and Privacy

Rick and Karen Santorum

Good Morning!

Tonight is the New Hampshire Republican debate. Will there be fireworks between Newt and Mitt or even Newt and Rick Santorum? Newt is still on the warpath. Tonight Wonk the Vote is planning a very special live blog with drinks and maybe drinking games.

I liked the suggestion I heard from Willie Geist on MSNBC yesterday morning. He said people should take a drink every time Rick Santorum says “partial birth abortion.” And then he played audio of Santorum saying it over and over. Okay, I know that’s tasteless, but it did make me laugh yesterday around 5AM. Anyway, be sure to drop by tonight for Wonk’s live blog!

Speaking of late-term abortions (or not-abortions), I’ve been thinking a lot about Rick and Karen Santorum and the story of how they reacted after Karen lost a pregnancy at 19-20 weeks in 1996. Once I started writing, it ended up being the focus of this post. I hope some other people also think it’s worth thinking and writing about and you won’t think I’m too “weird” for doing so.

There has been quite a bit of discussion around the internet about the couple’s decision to bring their dead baby (actually a second trimester fetus) home with them for their children to hold and cuddle. Karen Santorum subsequently wrote a book about the family’s experiences, Letters to Gabriel. Dakinikat wrote about this in a recent post that I can’t seem to locate at the moment. From 2005 NYT article (previously quoted by Dakinikat):

The childbirth in 1996 was a source of terrible heartbreak — the couple were told by doctors early in the pregnancy that the baby Karen was carrying had a fatal defect and would survive only for a short time outside the womb. According to Karen Santorum’s book, “Letters to Gabriel: The True Story of Gabriel Michael Santorum,” she later developed a life-threatening intrauterine infection and a fever that reached nearly 105 degrees. She went into labor when she was 20 weeks pregnant. After resisting at first, she allowed doctors to give her the drug Pitocin to speed the birth. Gabriel lived just two hours.

What happened after the death is a kind of snapshot of a cultural divide. Some would find it discomforting, strange, even ghoulish — others brave and deeply spiritual. Rick and Karen Santorum would not let the morgue take the corpse of their newborn; they slept that night in the hospital with their lifeless baby between them. The next day, they took him home. “Your siblings could not have been more excited about you!” Karen writes in the book, which takes the form of letters to Gabriel, mostly while he is in utero. “Elizabeth and Johnny held you with so much love and tenderness. Elizabeth proudly announced to everyone as she cuddled you, ‘This is my baby brother, Gabriel; he is an angel.'” ”

Pitocin is a synthetic form of oxytocin, a hormone with important roles in childbirth, breastfeeding, and attachment (love). As a drug, it is used to induce labor contractions. Therefore, many people see what happened as a late term abortion. At 19 weeks, the child when delivered is fully formed, but is still technically a fetus because it cannot live outside the womb.

In fact, hospital forms about the death read “20-week-old fetus,” according to a 2005 Washington Post story, but the couple insisted the form be changed to read “20-week-old baby.”

Of course most people would agree that the Santorums did the right thing to save Karen’s life. But since Rick Santorum was the author of the legislation that banned “partial birth abortion” (a made-up medical procedure), some have seen hypocrisy in their choice. Others have mocked them for bringing the corpse home and encouraging their children to handle it.

Alan Colmes was heavily criticized for “mocking” the Santorums on Fox News, and he later apologized to them personally. Eugene Robinson called the Santorums’ actions “weird” in an appearance on MSNBC, and the Washington Post Ombudsman felt the need to weigh in on the reader reaction. According to ABC News,

The Internet lit up with comments this week after Santorum’s meteoric rise to second-place in the Iowa caucuses, nearly tying him with presidential candidate Mitt Romney. Some described Santorum’s story as “weird” or “horrifying.”

So of course now the “experts” are being consulted for their opinions on the Santorum family drama. From the ABC News story:

In the context of the times — the year was 1996 when the family buried Gabriel — their behavior was understandable, according to Dr. David Diamond, a psychologist and co-author of the 2005 book “Unsung Lullabies.”

Helen Coons, a clinical psychologist and president of Women’s Mental Health Associates in Philadelphia, said couples are not encouraged to bring a deceased fetus home.

Apparently at the time, couples were being encouraged to express their grief over miscarriages and stillborn babies.

Diamond said that 20 years ago, around the time that the Santorums suffered their loss, professionals encouraged their response.

“It was getting to be more in fashion,” he said.

“The trend was, rather than ignoring, to help people with their grieving and make it a real loss rather than something stuck in their minds and imagination for years,” he said. “Even before that, they allowed families to hold the dead infant or fetus and spend time with them — as much as they wanted.”

A corpse was not often taken home, but might be kept in the refrigerator for “a couple of days,” so the family could have access, according to Diamond.

“It was kept in the hospital, but of course you can’t do that for too many days,” Diamond said. “But there were cases were they basically allowed the family to handle and be with baby and say goodbye.”

I can certainly identify with the grief the family felt, and I could even understand having the children view the child’s body in the hospital; but I admit to feeling uncomfortable with the idea of taking the body home. I’m not sure how long they kept it either; none of the articles I’ve read are specific on that point.

Charles Lane, a columnist at the Washington Post, wrote about his own and his wife’s experience of losing a baby in the third trimester.

Nine years ago, my son Jonathan’s heart mysteriously stopped in utero — two hours prior to a scheduled c-section that would have brought him out after 33 weeks. Next came hours of induced labor so that my wife could produce a lifeless child. I cannot describe the anxiety, emotional pain, and physical horror.

And then there was the question: what about the corpse? Fortunately for us, our hospital’s nurses were trained to deal with infant death. They washed the baby, wrapped him in a blanket and put a little cotton cap on his head, just as they would have done if he had been born alive. They then recommended that we spend as much time with him as we wanted.

My wife held Jonathan for a long while. I hesitated to do so. At the urging of the nurses and my wife, I summoned the courage to cradle Jonathan’s body, long enough to get a good look at his face and to muse how much he looked like his brother — then say goodbye. I am glad that my love for him overcame my fear of the dead.

We, like the Santorums, took a photograph of the baby — lying, as if asleep, in my wife’s arms. We have a framed copy in our bedroom. It’s beautiful.

Lane says that his six-year-old son asked where the baby was, and Lane now regrets not letting his son see the body.

I think part of the squeamishness that I feel–and I’m probably not alone–is that the Santorums chose to share their experience with the public. Santorum’s general fetishizing of fetuses and his absolute anti-abortion stand–even to the point of saying a victim of rape or incest who gets pregnant or a woman whose life is in danger should not be able to have the procedure–naturally leads people to question why he agreed to doctors inducing labor to rid his wife’s body of a fetus that was endangering her.

Here is what Rick Santorum has said about abortions to save the life of the mother:

ABORTION EXCEPTIONS TO PROTECT WOMEN’S HEALTH ARE ‘PHONY’: While discussing his track record as a champion of the partial birth abortion ban in June, Santorum dismissed exceptions other senators wanted to carve out to protect the life and health of mothers, calling such exceptions “phony.” “They wanted a health exception, which of course is a phony exception which would make the ban ineffective,” he said.

So the second part of the public discussion of what I think should really be a private issue (but the Santorums are the ones who made it very public) is did Karen Santorum have an abortion or not? At Salon, writer Irin Carmon reports that an unnamed “expert” says no, it wasn’t an abortion.

Of course, without direct access to Karen Santorum’s medical files, we have to take their word for what happened, and with only sketchy details. But according to a nationally respected obstetrician-gynecologist from a Center for Cosmetic & Reconstructive Gynecology who has long been active in the reproductive health community and who provides abortion services — who spoke on condition of anonymity due to not having treated Santorum directly — by their own account, the Santorums neither induced labor nor terminated the pregnancy.

“Based on what is presented here in these couple of pages, it looks to me as if there’s confusion with some people about what the word ‘abortion’ means,” the doctor told me today. “The word ‘abortion’ probably shouldn’t even be used in this context.” (It is technically correct to say that Karen Santorum had a septic spontaneous abortion, but that’s a medical term for an involuntary event that is different from “induced abortion,” which describes a willful termination.)

After rumors spread in Pennsylvania that Karen Santorum had an abortion, the Philadelphia Inquirer spoke to the Santorums for a story that has served as the main source for the recent chatter. In the 19th week of pregnancy, the paper reported, “a radiologist told them that the fetus Karen was carrying had a fatal defect and was going to die.” They opted for a “bladder shunt” surgery that led to an intrauterine infection and a high fever. The Santorums were told that “unless the source of the infection, the fetus, was removed from Karen’s body, she would likely die.”

There is no mention in the Salon article or in the Philadelphia Inquirer article about the injection of Pitocin that is mentioned in the longer NYT piece. So did Karen have an abortion. I’d say so. Even the “expert” in the Salon story says that what happened was “a septic spontaneous abortion.” So what’s the basis for saying it wasn’t an abortion? I guess the the “expert” feels some compassion for Karen, and so do I. Unlike Karen’s husband, I can empathize with people who are experience something terrible–even if it’s something I’ve never personally experienced.

But it is important when the person is running for President of the U.S. and he promises, if elected, to do everything in his power to ban all access to not only abortion, but also birth control. From the Salon article:

Rick Santorum did tell the Inquirer that “if that had to be the call, we would have induced labor if we had to,” under the understanding that the fetus was going to die anyway and intervening would save Karen’s life. And it is accurate to say that the direct experience of a life-threatening pregnancy and a tragic loss did not leave Rick Santorum with any empathy for women who do have to make those difficult decisions in extremely murky circumstances.

As the doctor put it, “One takes from this that pregnancies can go very, very wrong, very quickly.” Moreover, the kinds of legislative hurdles Santorum wants — or hospital administrative committees that seek to supersede the family’s decision-making — can certainly slow down the process and endanger women’s lives in the process.

Carmon writes that she feels “uncomfortable about having gone this far up Karen Santorum’s womb,” and I do too. But let’s face it: Santorum wants every woman’s womb to be invaded and her every decision about her pregnancy analyzed by strangers on committees. For that reason, I do think it’s important to talk about the choices made by Rick and Karen Santorum.

To summarize, I think grief over a miscarriage, even early in a pregnancy is normal and natural. When it happens late after the baby’s body is fully formed, it’s probably even more traumatic. In fact, according to Dr. Andres Bustillo, many women opt for cosmetic surgery as a way to cope with grief and extreme stress. Charles Lane’s story gave me a lot to think about, and after reading it, I agree that having young children view the body in the hospital could be appropriate.

However, I really think “kissing and cuddling” a corpse “for several hours is a little strange. Keep in mind that the other children were only 6, 4, and 18 months at the time. I also think frequently talking about the dead baby in public in the present tense and showing it’s photo to people is extremely weird. But that’s just me.

The people who are trying to absolve Rick Santorum of hypocrisy by claiming what happened wasn’t an abortion are mistaken. What happened is indistinguishable from the experience of many women–women who would not be able to receive the treatment Karen Santorum got if her husband achieves his political goals.

I’m sorry for the pain this public discussion is probably causing Rick and Karen Santorum and their children. But that’s the price of running for president. Think of the public discussion of the Clinton’s private lives that the media has engaged in for decades! In Santorum’s case, it will probably be over soon, because he’s not likely to get the nomination or ever become president.

Bottom line, this man wants to take away women’s constitutional rights. We’re talking about a politician whose main focus as Senator and in his campaign has been denying women privacy and control over their own bodies. Therefore, I think it’s normal for people to discuss the Santorums’ somewhat unusual, even arguably odd, behavior and to explore the question of whether Karen Santorum had an abortion or not.

I promise you some links to other news in the comments. What are you reading and blogging about today?


When Newt Gets Cranky, Really Cranky

One of the most startling events I witnessed during the Iowa caucus coverage was Newt Gingrich [who I lovingly refer to as Eye of Newt] revealing the true depth of his vindictive nature.  Gingrich rode the bubble of ‘The Man Who Would King’ for the briefest of moments.  Even Herman Cain and his absurd 999 mantra lasted longer than Newt’s claim to fame, his self-anointing as the Republican Nominee.

This is what a wolf looks like

But after a reported blitzkrieg of negative advertising, financed by Mitt Romney’s Super-PAC buddies, Gingrich’s numbers plummeted.  He ultimately finished a limping 4th in the Iowa ugly contest, 13% of the vote.

Oh, how the self-elevated fall!

When I was a kid we were taught the lesson of losing with grace, regardless of what the contest was.  It’s one thing to be disappointed, we were told.  That’s normal, human.  But there was something called being a ‘good loser,’ a certain nobility inferred by shaking the winner’s hand, walking off the field with head held high and chalking it up to . . . life.  You win some, you lose some.  You go on.  [Note to Newt: Hillary Clinton certainly knows how this works.]

Gingrich obviously never learned this valuable lesson.  And yes, politics has been called a ‘blood sport.’  But if a candidate is not ready to suffer the slings and arrows that political combat inflicts, then what the hell is he/she doing running for the highest office in the land?  Did Gingrich think he was immune to this sort of criticism, these pointed [and I’m sure painful] barbs?  Gingrich’s reaction has a certain irony, considering that he helped usher in this generation of ugly political tactics–the nasty personal attacks, the language one uses to inflict the most damage. Politics in America has never been polite but the nasty, personal, take-no-prisoner attacks has been taken to a new level in recent years.

How shall I slice thee?  Let me count the ways.

Anger and disappointment are surely typical reactions to a humiliating loss.  But hate?  What I saw on Gingrich’s face was the sort of rage you’d expect to see on the face of a psychopath.  And then the vow.  That he would work with his ‘ole buddy Rick Santorum to block Mitt Romney’s nomination.

If he can’t have the prize, he’ll make sure Mitt Romney doesn’t have it either.  This is reminiscent of Middle School battles, not Presidential politics.

Which leaves the Republicans where exactly?  Santorum?  Ron Paul?  Huntsman? [Who is a credible candidate but can’t get off the launch pad.]  Well, there’s always Rick Perry who has effectively tripped over his tongue in every debate.  Rick hasn’t given up, even though he should.

I read Gingrich described elsewhere as a GOP suicide bomber.  A startling analogy but not terribly off the mark. Because what I saw in Gingrich’s face the other night, heard in his voice and words was nothing short of a blood feud, a very personal and bitter vendetta, the sort that destroys not only the object of the hate but the hater as well.  And anyone standing on the periphery.

The idea that someone so emotionally volatile and hostile is running for President is a scary thought.  This is someone who should never be taking those 3 am calls or considered capable of making rational decisions in a stressful moment.

Think of JFK during the Cuban Missile Crisis.  Transpose Gingrich’s face.

Now think crispy critters.

The Republican field is in such disarray that a group of fundie conservatives in Texas has scheduled an emergency meeting to find a ‘consensus’ candidate to save the GOP’s 2012 election cycle.  It should be noted that this meeting will be hosted by the likes of James Dobson, founder of Focus on the Family and Don Wildmon, onetime chairman of the American Family Association.  Oh yes, I’m sure they’ll come up with a reasonable candidate.  It’s been suggested that Rick Perry’s candidacy was, in fact, their brainchild.

This is what a cranky wolf looks like

After three years of missteps, President Obama should be nervous as hell about his reelection chances.  He’s highly vulnerable in the areas of performance, competence and results, particularly in domestic issues [though Obama has continued the Bush/Cheney militaristic postures around the world, even added a flourish with indefinite detention that includes American citizens]. Thank you, Mr. President!  Obama has considerable weaknesses with poll numbers to underscore the point.  But now?  The Administration must be stomping out the Happy Dance in the West Wing.

How this all turns out is up for grabs. We have nine months before Election Day. But assuredly, there will be blood.


Thursday Reads: Mostly Mitt

Good Morning!!

A few months ago, there was quite a bit of talk about a BBC story on Alessio Rastani, a self-described “independent trader,” who indicated he couldn’t care less what the European financial crisis did to people’s lives. For him it was all about making money and another recession would enable him to make plenty. Andrew Leonard of Salon tied the story together with and article in Der Spiegel on a Swiss study of traders. The results showed that these people

behaved more egotistically and were more willing to take risks than a group of psychopaths who took the same test.”

Particularly shocking for [Thomas] Noll [researcher] was the fact that the bankers weren’t aiming for higher winnings than their comparison group. Instead they were more interested in achieving a competitive advantage. Instead of taking a sober and businesslike approach to reaching the highest profit, “it was most important to the traders to get more than their opponents,” Noll explained. “And they spent a lot of energy trying to damage their opponents.”

Using a metaphor to describe the behavior, Noll said the stockbrokers behaved as though their neighbor had the same car, “and they took after it with a baseball bat so they could look better themselves.”

The researchers were unable to explain this penchant for destruction, they said.

Yesterday, Dakinikat sent me a Bloomberg article by William D. Cohan about a British academic’s “theory” on the causes of the financial crisis: Did Psychopaths Take Over Wall Street Asylum?

It took a relatively obscure former British academic to propagate a theory of the financial crisis that would confirm what many people suspected all along: The “corporate psychopaths” at the helm of our financial institutions are to blame.

Clive R. Boddy, most recently a professor at the Nottingham Business School at Nottingham Trent University, says psychopaths are the 1 percent of “people who, perhaps due to physical factors to do with abnormal brain connectivity and chemistry” lack a “conscience, have few emotions and display an inability to have any feelings, sympathy or empathy for other people.”

As a result, Boddy argues in a recent issue of the Journal of Business Ethics, such people are “extraordinarily cold, much more calculating and ruthless towards others than most people are and therefore a menace to the companies they work for and to society.”

Of course this isn’t a scientific study, but it certainly makes intuitive sense. Boddy blames changes in corporate culture for the problem.

Until the last third of the 20th century, he writes, companies were mostly stable and slow to change. Lifetime employment was a reasonable expectation and people rose through the ranks.

This stable environment meant corporate psychopaths “would be noticeable and identifiable as undesirable managers because of their selfish egotistical personalities and other ethical defects.”

For Wall Street — a rapidly changing and highly dynamic corporate environment if there ever was one, especially when the firms transformed themselves from private partnerships into public companies with quarterly reporting requirements — the trouble started when these charmers made their way to corner offices of important financial institutions.

There they supposedly changed many of the moral and ethical values that previously had guided businesspeople. This theory seems somewhat flawed, since it doesn’t explain how these men differed from the 19th century robber barons. But I haven’t read Roddy’s original articles. Perhaps he explains this inconsistency in his argument. I would argue that these kinds of people have always been involved in business and probably in politics too.

Case in point: Mitt Romney. I urge you to read the new article about Romney in Vanity Fair: The Meaning of Mitt: The Dark Side of Mitt Romney. The article is based on a new book about Romney by Michael Kranish and Scott Helman, The Real Romney. There’s no way I can briefly summarize the piece or excerpt all the important parts. The article focuses on Romney’s attitudes toward family, his deep involvement with his Mormon religion, and his business career. If you read it, you’ll recognize characteristic signs of the psychopath–coldness, calculation, lack of empathy for others, self-involvement. The only thing missing is the charisma that these people often have.

There are multiple examples of Romney’s insensitivity toward women and women’s autonomy in the article, and his career as a corporate raider and junk bond pusher are described in detail. I’ll give you just one shocking example of Romney’s attitude toward women’s rights in his role as “spiritual leader.”

Peggie Hayes had joined the church as a teenager along with her mother and siblings. They’d had a difficult life. Mormonism offered the serenity and stability her mother craved. “It was,” Hayes said, “the answer to everything.” Her family, though poorer than many of the well-off members, felt accepted within the faith. Everyone was so nice. The church provided emotional and, at times, financial support. As a teenager, Hayes babysat for Mitt and Ann Romney and other couples in the ward. Then Hayes’s mother abruptly moved the family to Salt Lake City for Hayes’s senior year of high school. Restless and unhappy, Hayes moved to Los Angeles once she turned 18. She got married, had a daughter, and then got divorced shortly after. But she remained part of the church.

By 1983, Hayes was 23 and back in the Boston area, raising a 3-year-old daughter on her own and working as a nurse’s aide. Then she got pregnant again. Single motherhood was no picnic, but Hayes said she had wanted a second child and wasn’t upset at the news. “I kind of felt like I could do it,” she said. “And I wanted to.” By that point Mitt Romney, the man whose kids Hayes used to watch, was, as bishop of her ward, her church leader. But it didn’t feel so formal at first. She earned some money while she was pregnant organizing the Romneys’ basement. The Romneys also arranged for her to do odd jobs for other church members, who knew she needed the cash. “Mitt was really good to us. He did a lot for us,” Hayes said. Then Romney called Hayes one winter day and said he wanted to come over and talk. He arrived at her apartment in Somerville, a dense, largely working-class city just north of Boston. They chitchatted for a few minutes. Then Romney said something about the church’s adoption agency. Hayes initially thought she must have misunderstood. But Romney’s intent became apparent: he was urging her to give up her soon-to-be-born son for adoption, saying that was what the church wanted. Indeed, the church encourages adoption in cases where “a successful marriage is unlikely.”

Hayes was deeply insulted. She told him she would never surrender her child. Sure, her life wasn’t exactly the picture of Rockwellian harmony, but she felt she was on a path to stability. In that moment, she also felt intimidated. Here was Romney, who held great power as her church leader and was the head of a wealthy, prominent Belmont family, sitting in her gritty apartment making grave demands. “And then he says, ‘Well, this is what the church wants you to do, and if you don’t, then you could be excommunicated for failing to follow the leadership of the church,’ ” Hayes recalled. It was a serious threat. At that point Hayes still valued her place within the Mormon Church. “This is not playing around,” she said. “This is not like ‘You don’t get to take Communion.’ This is like ‘You will not be saved. You will never see the face of God.’ ” Romney would later deny that he had threatened Hayes with excommunication, but Hayes said his message was crystal clear: “Give up your son or give up your God.”

Not long after, Hayes gave birth to a son. She named him Dane. At nine months old, Dane needed serious, and risky, surgery. The bones in his head were fused together, restricting the growth of his brain, and would need to be separated. Hayes was scared. She sought emotional and spiritual support from the church once again. Looking past their uncomfortable conversation before Dane’s birth, she called Romney and asked him to come to the hospital to confer a blessing on her baby. Hayes was expecting him. Instead, two people she didn’t know showed up. She was crushed. “I needed him,” she said. “It was very significant that he didn’t come.” Sitting there in the hospital, Hayes decided she was finished with the Mormon Church. The decision was easy, yet she made it with a heavy heart. To this day, she remains grateful to Romney and others in the church for all they did for her family. But she shudders at what they were asking her to do in return, especially when she pulls out pictures of Dane, now a 27-year-old electrician in Salt Lake City. “There’s my baby,” she said.

The information the authors provide about Romney’s career at Bain Capital is just as revealing of Mitt’s insensitivity and lack of empathy. Here’s just a brief quote about Romney’s attitudes toward capitalism.

Romney described himself as driven by a core economic credo, that capitalism is a form of “creative destruction.” This theory, espoused in the 1940s by the economist Joseph Schumpeter and later touted by former Federal Reserve Board chairman Alan Greenspan, holds that business must exist in a state of ceaseless revolution. A thriving economy changes from within, Schumpeter wrote in his landmark book, Capitalism, Socialism and Democracy, “incessantly destroying the old one, incessantly creating a new one.” But as even the theory’s proponents acknowledged, such destruction could bankrupt companies, upending lives and communities, and raise questions about society’s role in softening some of the harsher consequences.

Romney, for his part, contrasted the capitalistic benefits of creative destruction with what happened in controlled economies, in which jobs might be protected but productivity and competitiveness falters. Far better, Romney wrote in his book No Apology, “for governments to stand aside and allow the creative destruction inherent in a free economy.” He acknowledged that it is “unquestionably stressful—on workers, managers, owners, bankers, suppliers, customers, and the communities that surround the affected businesses.” But it was necessary to rebuild a moribund company and economy. It was a point of view he would stick with in years ahead. Indeed, he wrote a 2008 op-ed piece for The New York Times opposing a federal bailout for automakers that the newspaper headlined, let detroit go bankrupt. His advice went unheeded, and his prediction that “you can kiss the American automotive industry goodbye” if it got a bailout has not come true.

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Anyone who still sees Romney as the “reasonable” Republican candidate needs to read this article. I knew that Romney had been involved in Mormon Church leadership, but I had no idea how deeply he was involved and how committed to his religion he is. And yet, he’s probably going to be the Republican nominee, facing a weak, unpopular Obama. We’ve heard about a meeting of Conservatives to discuss possible alternatives, but Politico reports that GOP elites are saying Romney probably can’t be stopped.

We’ll see. There’s nothing more dangerous than a Newt scorned, and South Carolina looks to be unfriendly to Mitt. But the next challenge for Romney is New Hampshire, where he leads by double digits. Can Santorum and Gingrich knock him down a peg? Only time will tell.

So….. What are you reading and blogging about today? Please share.