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!
White House economic adviser Austan Goolsbee will soon resign to return to teaching at
Milton Friedman Institute the University of Chicago.
“Since I first ran for the U.S. Senate, Austan has been a close friend and one of my most trusted advisers,” President Obama said….”Over the past several years, he has helped steer our country out of the worst economic crisis since the Great Depression, and although there is still much work ahead, his insights and counsel have helped lead us toward an economy that is growing and creating millions of jobs. — He is one of America’s great economic thinkers.”
Dominique Strauss-Kahn, who has been accused of sexual assault on a hotel maid was jeered by NYC hotel workers yesterday outside a Manhattan courthouse.
Lawyers for the maid who has accused Dominique Strauss-Kahn of criminal sexual assault in a New York hotel room served notice yesterday that she will testify at his trial and “tell the world” what he inflicted upon her, as the former IMF chief was met with a chorus of heckling from hotel workers outside a Manhattan courthouse.
The warning, delivered minutes after Mr Strauss-Kahn entered a ‘not guilty’ plea to the seven charges filed against him, is the latest indication of how ferocious the trial is likely to be with the defence, the prosecution and now lawyers for the accuser all aggressively preparing to engage in battle.
Theatrics outside the court yesterday were further stoked by hotel maids pushing against police barriers jeering Mr Strauss-Kahn as he, accompanied by his defence team and his wife, Anne Sinclair, arrived for his formal arraignment. The hotel employees, bussed in by their union and most dressed in uniforms they usually wear to work, cried “shame” as he walked past. Wendy Baranello, a hotel union organiser, called the charges “outrageous” and said the accuser “is a hard-working woman… just doing her job.”
As Rep. Paul Ryan (R-WI) left the Faith and Freedom Coalition Conference this past weekend, he was approached by a young Catholic man who asked Ryan:
“Why did you choose to model your budget off the extreme ideology of Ayn Rand rather than values of basic economic justice in the Bible?” James Salt of Faithful America asked Ryan, the author of the Republican budget, before offering him a Bible to read.
Ryan ignored Salt’s questions and briskly walked away.
Faithful America has launched a campaign to encourage Ryan to put down the conservative writer Ayn Rand, who advocated selfishness, and pick up the Bible. The group said his budget plan “reflects Ayn Rand’s love of greed and contempt for the weak by giving huge tax breaks to millionaires while making deep and harmful cuts to programs that protect seniors, struggling families and the middle class.”
Finally the U.S. Supreme Court has done something we can cheer. From Raw Story:
The US Supreme Court gave the green light Monday to a group seeking to bring a class-action lawsuit against US oil services firm Halliburton for alleged fraud.
The nine judges unanimously decided that the plaintiffs, a group of investors, do not need to prove a direct relationship between Halliburton’s alleged fraudulent statements and the investors’ financial losses in order to pursue the lawsuit.
Halliburton is accused of making a series of false statements about its business dealings that artificially inflated its stock price.
Afterward, Halliburton disclosed corrections that then caused stock prices to drop at the loss of investors.
The suit is on behalf of all investors who purchased Halliburton stock between June 3, 1999 and December 7, 2001.
During that time Dick Cheney was Halliburton’s CEO.
There is some “big news in the fight against cancer.”
Two new studies report dramatic progress in treating advanced melanoma and lung cancer.
Both of these treatments use an approach that is creating a lot of excitement among doctors –tailoring drugs to the genetic makeup of individual patients, and the results can be remarkable
A few years ago, Bill Schuette was preparing for the end.
But then he heard about something new: an experimental drug that targets a certain type of lung cancer based on its genetic makeup. Tests showed he was a candidate.
His rare form of non-small-cell lung cancer has a genetic mutation called ALK that fuels cancer growth. The new drug, Crizotinib, works by blocking this abnormal gene, causing tumors to shrink.
Skin cancer treatment: Biggest breakthrough in 30 years – The New Scientist
Two new drugs for metastatic melanoma – the deadliest form of skin cancer – are being hailed as the biggest breakthrough therapies for cancer in the last 30 years. The drugs reduce tumour size, significantly increasing survival rates.
Although melanoma can be cured if caught early enough, individuals in the late stages of the disease are only expected to survive for an average of six months. One of the two drugs – vemurafenib – works by inhibiting the effects of a mutated form of the BRAF gene, which is thought to accompany around half of the cases of malignant skin tumours.
In a study presented this week at the American Society of Clinical Oncology annual meeting in Chicago, and published in the New England Journal of Medicine, Chapman’s team compared both drugs on 672 patients with late stage, inoperable melanoma and a mutation in the BRAF gene.
The group found that 48 per cent of those receiving vemurafenib responded to the treatment, while only 5 per cent of patients responded to dacarbazine. At 6 months, survival was 84 per cent in the group taking vemurafenib compared to 64 per cent in those taking dacarbazine.
A new drug for breast cancer: Aromasin a major breakthrough in fight against breast cancer, cutting risk by 65 percent
Doctor Harvey Greenberg is the director of University Community Hospital’s Cancer Program. He said, “There’s been some suggestion that women are reluctant to take Tamoxifen due to the potential side effects,” which reportedly include developing blood clots, or developing uterine cancer.
A study was conducted to see if a different class of medicines could be used for the prevention of breast cancer. Study results just released show the estrogen blocker Aromasin reduced the chance of developing breast cancer by 65 percent in post menopausal women at high risk.
The study, which was sponsored by Pfizer — the company that makes this drug — broke the participants into two groups: one that got the drug and one that got the placebo. There were 11 invasive breast cancers reported in the group that got the drug compared to 32 cases in the group that got the placebo.
Doctor Greenberg says, “The most important take away is that there is now another class of medicines that can be helpful in preventing breast cancer in high-risk women. The second take away is if there are women who have been identified as possibly benefiting from Tamoxifen but they won’t take it, here’s a substitute.”
For those of you who have read this far, I’m going to make a confession. I’ve been horribly depressed by the political news lately, and for the past couple of weeks I’ve been watching the trial of Casey Anthony, a young woman accused of murdering her 2-1/2 year-old daughter.
I know, I know … tabloid stuff. But I’m telling you, it’s more interesting than watching Law & Order, CSI, and Criminal Minds all rolled into one. Yesterday, there was testimony from an researcher on human decomposition from the “Body Farm” at Oak Ridge National laboratory.
Dr. Arpad Vass testified that he detected human decomposition in the air from the trunk of Casey’s car. It’s the first time a jury has heard testimony about the controversial air tests. The evidence has never been used in a criminal case before.
Prosecutors say the tests prove Caylee’s [Casey’s daughter] body was in the trunk of Casey’s car.
“I can find no other plausible explanation other than that to explain all the results we found,” said Vass.
Vass testified that a machine called a “gas chromatograph” can identify chemicals that are unique to human decomposition.
“Those are the chemicals that a cadaver-locating dog could smell,” Vass said.
Yesterday there was testimony from an FBI forensic expert about a hair found in the truck of Anthony’s car that showed signs of human decomposition.
In addition to the opportunity to learn about the latest methods in forensic science, the trial offers a chance to observe Casey Anthony’s amazing lack of affect as she listens to testimony about her allegedly killing her child. She has to be one of the most evil human beings I’ve ever encountered. If you’re interested in this kind of thing, you can watch the trial streamed live on-line at a number of sites. Here’s one. Frankly, I find it much less depressing than observing American political culture.
So … what are you reading and blogging about today?