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:
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.
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.
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.”
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!
You’ve probably heard about George Soros’ remarks at a meeting for big bucks progressive donors on Tuesday. Sam Stein at Huffpo:
The Hungarian-American financier was speaking to a small side gathering of donors who had convened in Washington D.C. for the annual gathering of the Democracy Alliance — a formal community of well-funded, progressive-minded individuals and activists.
According to multiple sources with knowledge of his remarks, Soros told those in attendance that he is “used to fighting losing battles but doesn’t like to lose without fighting.”
“We have just lost this election, we need to draw a line,” he said, according to several Democratic sources. “And if this president can’t do what we need, it is time to start looking somewhere else.”
Michael Vachon, an adviser to Soros, did not dispute the comment, though he stressed that there was no transcript of a private gathering to check. Vachon also clarified that the longtime progressive giver was not referring to a primary challenge to the president.
Really? Hmmmm…. So um, who leaked the news from the secret meeting?
And there’s more:
Dissatisfaction with the Obama administration was not limited to Soros’s private gathering with donors. On Wednesday morning, Deputy Chief of Staff Jim Messina received several tough questions during his address to the Democracy Alliance. According to a source in the room, he was pressed multiple times as to why the administration has declined to be more combative with Republicans, both in communication and legislative strategy.
So Soros and pals are all hunky-dory with Obama? I’m not sure I buy that. Anyway this is being spun as simply a discussion about giving money to outside groups instead of directly to Obama–a change from 2008 when Obama directed his donors to funnel all money through his campaign instead of giving to groups like Move on.org.
Let’s look at some of the reactions to this political bombshell.
Soros isn’t actually a liberal Democrat — he has a diverse collection of interests, some of which (drug legalization) don’t move at all when Democrats win. There may be some millionaires who want to beat Obama in a primary, but there are more who want to activate the third party pro-Democrat groups that Obama wanted to evaporate in 2008-2010.
Soros, a billionaire who has been among the most generous donors to liberal causes over the years, has recently indicated he no longer intends to fund the kind of independent political advertising campaigns he backed in 2004 and that Republican allies used to bombard Democrats in the midterm elections.
During a private session Wednesday on the sidelines of a conference of major Democratic donors organized by the Democracy Alliance, Soros reiterated the position that wealthy liberals should focus their giving on groups that will push President Barack Obama and congressional Democrats on liberal legislative initiatives, rather than groups supporting individual candidates, according to a source in the meeting.
“George was talking about how, in the context of the election, progressives are disappointed, and that they should keep (the administration) focused on certain issues that we should be promoting,” said the source, who did not want to be identified because Democracy Alliance bars attendees from discussing its conferences.
According to some loose-lipped folks that attended a private event for the Democracy Alliance in Washington today, the hedge-fund billionaire and longtime Democratic donor George Soros is very upset about the last election, not least because his plans to grow a crop of Maui Wowie in his front yard were stymied, and he hinted darkly that the president may not have his support for much longer.
I have to say I agree with Soros on the legalization issue.
In other news, unemployment benefits will soon expire for two million Americans, and since Congress won’t be in session next week (they get whole weeks off for holidays), they will have to do something soon or face the wrath of voters when they go home for Thanksgiving.
Currently five million people are receiving aid under two federally-funded programs for the long-term unemployed.
Yet no clear path forward has emerged in Congress for reauthorizing those programs. Aides have floated the idea of coupling the benefits with a reauthorization of the expiring Bush-era tax cuts for the top two percent of earners.
But it won’t happen if Ben “Scrooge” Nelson gets his way.
Sen. Ben Nelson, a Nebraska Democrat who sided with Republicans when they blocked the previous reauthorization for nearly two months this summer, said he doesn’t love the tax cut deal.
“That’s a mistake,” said Nelson, who has joined the GOP in opposing the extended benefits unless their deficit impact is offset with spending cuts. “Unless unemployment is paid for, I can’t support it.”
Why don’t you just switch parties, Ben, and take President teleprompter Jesus with you.
I love this story: The Charlie Crist wants to pardon Jim Morrison. For those too young to remember:
It was a classic skirmish of the 1960s culture war, pitting a nonconformist rock star and his bohemian fans against clean-cut defenders of acceptable behavior, the counterculture against the mainstream, and Jim Morrison against Anita Bryant.
Now the governor of Florida says he will seek to put an end to it by pursuing a posthumous pardon for two criminal convictions that Morrison, the frontman for the Doors, received after some very bad behavior at a 1969 concert in Miami.
I can get behind that. Why not give Morrison a posthumous Medal of Freedom too? And lets submit his name for the Nobel Peace Prize. Morrison gave me a lot more joy than I ever got from the latest Medal of Freedom winner or the Nobel Peace Prize winning War President.
“The more that I’ve read about the case and the more I get briefed on it,” Mr. Crist said in an interview on Tuesday, “the more convinced I am that maybe an injustice has been done here.”
For those on the other side, the passion has dimmed, but a sour taste lingers. The anger that once brought them to the barricades has dulled to an impatient pique at the notion that the fate of a dead rock star still commands attention 40 years later.
The fight began on March 1, 1969, when the Doors played a raucous concert at Dinner Key Auditorium in Miami. An intoxicated Morrison stumbled through songs like “Light My Fire” and “Break On Through (To the Other Side),” taunted the crowd and threatened to expose himself before fans mobbed the stage. A newspaper review said the singer appeared to simulate masturbation during his performance, and the concert was investigated by a Miami crime commission as six arrest warrants were issued for Morrison, including one for a felony charge of lewd and lascivious behavior.
I’ll end with a great Morrison song with some stirring lyrics that are very relevant today.
Five to one, baby
One in five
No one here gets out alive, now
You get yours, baby
I’ll get mine
Gonna make it, baby
If we try
The old get old
And the young get stronger
May take a week
And it may take longer
They got the guns
But we got the numbers
Gonna win, yeah
We’re takin’ over
Except maybe we should change that to
“the rich get richer/ and the poor get angrier.”
So what’s on your reading list today?