DNC Live Blog: Day 3

Here we go . . . This is the last night of the 2012 Democratic National Convention. We can only hope the speeches will be as thrilling as the ones we heard last night.

Tonight Vice President Joe Biden and President Barack Obama will accept their nominations to run for reelection. In addition, there will be a who slew of celebrity appearances, including Natalie Portman, Scarlett Johansson, The Foo Fighters, Eva Longoria, Mary J. Blige, James Taylor, Earth Wind & Fire, Marc Anthony, and Kerry Washington. Former Arizona Rep. Gabrielle Giffords will lead the pledge of allegiance.

At 8:00, former Florida Governor Charlie Crist will speak. At 10:00, we’ll hear from Eva Longoria, Joe Biden, and President Obama. The rest of the night’s schedule has not been released.

Just a few headlines to get you going:

Amanda Marcotte: Sandra Fluke’s Speech Made Republicans Crazy. Which Is Just What the Democrats Want.

For a short period yesterday evening, a moment of panicked confusion broke out among those of us obsessively watching and tweeting the Democratic National Convention, when Sandra Fluke did not go on stage as scheduled. It turns out that we needn’t have worried; convention organizers made an apparently last minute decision to move Fluke’s speech to later in the night, giving her a prime-time audience. It’s a move that indicates Democrats have finally stopped freaking out at the first sign of reactionary histrionics, and instead have embraced the strategy of taking the fight to conservatives.

After decades of playing along with conservatives who dress up their hostility to female sexuality as nothing more than an interest in “life,” Democrats have finally realized that baiting the anti-choice right into showing its misogynist, sex-phobic side may just be a winning strategy.

Marcotte posts some of the rageful Republican tweets at the link.

HuffPo: Unions Hope Democratic National Convention Draws Attention To Plight Of North Carolina Workers

North Carolina passed right-to-work legislation in 1947, barring contracts that require all workers at unionized companies to pay union dues. North Carolina is now the least-unionized state in the country, with about 3 percent of workers belonging to one, according to the Labor Department. The state also bans collective bargaining for public-sector workers. Feeling snubbed, some activists skipped the convention in favor of what was billed as a “shadow convention” for organized labor in Philadelphia.

“This entire saga, from the beginning to today ­– the site selection, the state selection — the way it’s been handled is just nothing more than confirmation to me that the standing of organized labor in the eyes of the Democratic Party is lower than it’s ever been in my time,” said Chris Townsend, political director of the United Electrical, Radio and Machine Workers of America union, who has been in the labor movement for more than three decades.

CNN Money: Is Wall Street Being Bamboozled by Romney?

FORTUNE — Wall Street is taking quite a pounding at the Democratic National Convention this week as speakers, like Massachusetts Senate hopeful Elizabeth Warren, fire populist missives so inflammatory it would cause even the most liberal banker to cringe. While the speeches are meant to fire up the Democratic base, they are also likely to induce some financiers to double their contributions to Republicans, namely, Presidential hopeful Mitt Romney.

But is that a safe bet? Much of Wall Street’s concerns derive from the passage of the Dodd-Frank financial reform bill, even though some of the most controversial aspects of the bill seem permanently lost in regulatory limbo. Going forward, there remain questions as to what, if anything, a Romney Presidency could truly deliver in the next four years that would be so different from a second term Obama presidency. Given that uncertainty, Wall Street could possibly be better off sticking with the devil they already know.

New York Observer: We Can All Breathe a Sigh of Relief: Mitt Romney Has a Plan to End the Housing Crisis

Is Mitt Romney really the man to solve the housing crisis? Well, consider this: Mr. Romney may not have ever struggled “to put food on the table” as folksy politicians are so fond of saying, but he has four houses. Four. So he knows a thing or two about home ownership. And, unlike some homeowners who took out mortgages and couldn’t pay them back, Mr. Romney is wealthy enough not to have to take out mortgages (although there’s a possibility that he did—the man does have the common touch, at times).

In any event, the Republican candidate has revealed his four-point plan while taking a few swings at Obama, like: “the dream of home ownership is out of reach for many Americans as a result of President Obama’s failed policies and stalled economy.”

Because Americans were doing so well with home ownership before Mr. Obama took the helm. Ha! Good one! As though the “stalled economy” and, well, the “economic crisis” weren’t a result of the fact that many Americans were actually really horrible when it came to assessing risk and making responsible choices about home ownership.

The consensus is that it’s not much of a “plan.”

ABC News: Paul Ryan Anticipates and Counters Obama’s Convention Speech Tonight

COLORADO SPRINGS–Just hours before the president takes the stage at the Democratic National Convention, Paul Ryan attempted to counter Obama’s speech by reminding voters in this battleground state of then candidate Obama’s promises in his 2008 speech in Denver.

“Right here in Colorado, four years ago with the Styrofoam Greek columns, the big stadium, the president gave this long speech with lots of big promises,” Ryan said. “He said … that Democrats have a very different measure of what constitutes progress. By those very measurements, his leadership has fallen woefully short.”

Yawn. . . Lots more of Lyin’ Ryan’s psychic predictions at the link. Frankly, after the spanking he got from Bill Clinton last night, the little twerp would do better to just STFU; but I’m hoping he continues making a fool of himself. I guess he doesn’t know that he has lost all credibility with everyone but obsessive Fox watchers.

Detroit News: Conservatives Pull Ads from Michigan

Mitt Romney’s conservative allies are bypassing Michigan with their advertising while stepping up efforts in other battleground states — suggesting campaign strategists don’t believe his road to the White House leads through his native state.

The pro-Romney groups American Crossroads and Americans for Prosperity are pouring nearly $13 million into advertising in key states, indicating they remain eager to lend considerable financial muscle to Romney in states viewed as truly competitive.

There are no presidential campaign ads of any kind airing in Pennsylvania and Michigan, according to information provided by media trackers to the Associated Press.

Nate Silver: The Simple Case for Why Obama Is the Favorite

…our forecast has moved toward President Obama over the past several days. It now gives him about a three-in-four chance of winning the Electoral College on Nov. 6.

I’ll explain a little bit more about how the model comes to that conclusion in a moment, but the intuition behind it is pretty simple:

1. Polls usually overrate the standing of the candidate who just held his convention.
2. Mitt Romney just held his convention. But he seems to have gotten a below-average bounce out of it. The national polls that have come out since the Republican National Convention have shown an almost exact tie in the race.
3. If the polls overrate Mr. Romney, and they show only a tie for him now, then he will eventually lose.
The first point is the simplest of all, but perhaps the most important. There is a lot of focus on the bounce that a candidate gets after his convention — that is, how the polls conducted just after the convention compare with the ones taken immediately beforehand.

Silver predicted the 2008 election results almost perfectly.

I’m looking forward to reading your comments tonight, so bring it!