election 2012

Identity Politics and Economic Reality

The election was won by identity politics. Black people voted for President Obama by over 93%, Hispanics 71% and Asians 73%. The exit polls show 55% of women voted for Obama, whereas 59% of white people voted for Romney. Ninety percent who thought the economy is good voted for Obama. Those who thought it is not so good voted for Romney by 60% margins.

Why Romney lost so big is a topic really outside our purview, yet we'll put in our 2¢ that it might be due to campaign rhetoric on policies promised. Unfortunately, there are words and there are deeds. What has the Obama administration done economically for the demographic groups who gave President Obama a second term?

 

unemployment rates by major demographics

 

Election Aftermath - Campaign Spending Could have Given Every Person $19 and Pot Wins!

shrinkmanThe spending was obscene. The campaign was an astounding 18 months of drum beats and cable noise over an electoral map where most states are not competitive for both parties. The Center for Responsible Politics estimates this election cost $6 billion.

An Abbreviated Reading List for Undecided Economic Voters

noise babyThe noise from the election machine is at 120 decibels. If you don't wear ear plugs you'll damage your hearing. Campaigns and their surrogates are misquoting statistics, rewriting history and are carpet bombing Ohio with ads and armies of campaign workers knocking at the door.

The Romney Ad, the Auto Bail Out and China

The political everybody has an opinion not based in fact pundit world is ablaze over a new Romney ad claiming Chrysler is planning on building a plant in China and making Jeeps there. The ad references this Bloomberg article, from October 22nd, which reports Fiat, the majority shareholder in Chrysler, wants to move some production to China.

 

The American Economy On Purgatory Mountain

CBS 60 Minutes profiled one town near Purgatory mountain, Asheboro, North Carolina to show what's really wrong with the U.S. economy. It's not taxes, small government or big government, or even the deficit. The real problem are jobs going offshore, companies treating workers as disposable and the never ending race to the bottom on wages, global labor arbitrage.

 

The Third Party Debate

political grave yard
Disgusted by both parties? Upset that both Obama and Romney will do nothing about globalization, bad trade, importing foreign guest workers, offshore outsourcing, financial reform, stopping too big to fail, protecting the environment, soaring education costs, underwater mortgages, jobs, jobs, jobs, for profit health care costs or pick your pet peeve issue? If you're in a State where the election isn't close, lest you forget Florida 2000, you might want to check out third party candidates. There are four choices although they are not all on every ballot in every state.

Libertarian Party candidate Gary Johnson, Green Party candidate Jill Stein, Constitution Party candidate Virgil Goode, and Justice Party candidate Rocky Anderson. The hour and half event was moderated by former CNN anchor Larry King and Christina Tobin, founder and chair of the Free and Equal Elections Foundation and is available on C-Span and also the entire debate is viewable below for your political pleasure.

Binders, Stapling Things, Offshore Outsourcing and Women's Work

binderAh, the never ending word gotcha games of Election 2012.   The Internets went abuzz with binders as a symbol of female oppression after the second Presidential debate.   We even have Amazon office binder reviews being carpet bombed with political statements.   While funny as hell, economic oppression of women is not so funny.   Nor is it a word game.

Sunday Morning Comics - The Debate Edition

Brought to you by the Comedians - Thank God this election doesn't address the real issues, otherwise we'd be out of business
Cup O' Joe

 

Good Morning! Rise and Shine! Get that Cup O' Joe...
break out the O.J....hang out with the pooch...time to check out the debate funnies. Both candidates have two minutes to be parodied.

 

The Rumble 2012 - Jon Stewart vs. Bill O'Reilly

 

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