Attention Spans
ATTENTION SPANS....Mike O'Hare is unhappy about decreasing attention spans and what that means for the news business. I couldn't quite make it through his entire post1, but here's his conclusion:
Maybe a workable business/technology model can be created for digital newspapers, but the newspaper itself cannot be the same as the once-a-day package of lots of long stories and a 'readership' of googlers and texters may just not support the journalism on which a democracy depends.
....I am quite down about all this. It drives me nuts that my students have almost never engaged with a work of art or explication for more than the length of a music video; I assign them one of Wagner's longer operas and their mental state becomes a little labile, understandably, but even a ninety-minute class discussion often pushes the new limits of attention. I don't know how to get our arms around the facts of declining-marginal-cost goods in three-minute blips.
My mother was a fourth-grade teacher, and she told me once that when she started teaching (circa 1970) she could schedule activities for a maximum of 30 minutes before the kids got too antsy to control. By the time she retired (circa 2000), that was down to 15 minutes. I've long been of the opinion that there's an upside to this (primarily a better ability to multitask), but I confess that I'm less and less sure of that these days.
1Just a wee joke.
Pipeline Politics
PIPELINE POLITICS....Russia wants to hike the price that Ukraine pays for its natural gas. Ukraine doesn't want to pay. Russia says Ukraine is siphoning off gas destined for Europe. Ukraine says that's a lie.
So Russia has closed the taps on its pipeline and no gas is flowing to anyone. Robert Farley takes a stab a figuring out who's really at fault in this spat:
On balance (and at risk of being once again denounced as a Kremlin stooge) I'm rather less sympathetic to the Ukrainian case; of course accepting a discount from a Russian national gas concern was going to give Russia influence over Ukraine. That's the price of doing business. I'm singularly uncompelled by the notion that Russia supplying energy to Europe gives the Russians some kind of undue, ominous influence over European affairs, any more than the folks down at Chipotle have ominous influence over me through their control of burrito supplies. Market transactions inevitably create short term dependence, but of course that goes both ways; Russia can interfere with supply only at significant cost to Russia.
Even at the higher prices Russia wants to charge Ukraine, the Ukranians would still be getting gas at a discount. And Ukraine's previous contract only ran through the end of the year. So I think I agree with Farley: although regional power politics are obviously behind Russia's actions, this is still primarily a commercial issue. Both Gazprom and Ukraine are in pretty serious economic straits right now, and neither one wants to back down. It's more a routine dispute over money than anything else.
UPDATE: In the Financial Times, Jérôme Guillet and John Evans provide more background. Nickel version: Russia and Ukraine have been fighting this exact same fight for a long time and they both know that neither side can do without the other. So a few years ago Gazprom "solved" its Ukraine problem by privatizing much of its gas trade: customers would pay less for their gas, but they'd pay a third-party supplier who was supposedly unrelated to either Ukrainian gas authorities or Gazprom:
Political infighting in Ukraine can largely be understood by the struggle to be the Ukrainian counterparty to the trade. (It is no coincidence that Yulia Tymoshenko, the prime minister, made her fortune in gas trading in the 1990s and that Viktor Yanukovich, the pro-Russia opposition leader, represents some of the largest heavy industrial gas buyers in eastern Ukraine.) In Russia, similarly, both the Kremlin and Gazprom are rife with infighting between shifting coalitions.
So while the world focuses on the predictable brinkmanship between Ukraine and Russia, the real fight over the share-out is taking place more discreetly between a few oligarchs in Moscow and Kiev. This is perhaps the whole purpose of the noisy puppet show. Worries about Russia or Gazprom using the “gas weapon” against Europe are misplaced. In their official capacity, both are keenly aware of their absolute dependency on exports to Europe for a huge share of the country’s income, and on the need for stable, reliable, long-term relationships to finance the investments needed in gas infrastructure.
So it really is a routine dispute over money, it's just that the dispute isn't really between Russia and Ukraine. It's between a small group of rich Russians and a small group of rich Ukrainians. You can read about this in even more gruesome detail here.
Entitlements
ENTITLEMENTS....From the New York Times account of Barack Obama's press conference this morning:
Changes in Social Security and Medicare will be central to efforts to bring federal spending in line, President-elect Barack Obama said on Wednesday, as the Congressional Budget Office projected a $1.2 trillion budget deficit for the fiscal year.
“We expect that discussion around entitlements will be a part, a central part” of efforts to curb federal spending, Mr. Obama said at a news conference. By February, he said, “we will have more to say about how we’re going to approach entitlement spending.”
This comes at about the 6:20 mark of the linked video. "We will have some very specific outlines in terms of how it's going to be done," he said. Now, maybe this is just me zoning out, but I don't recall Obama saying anything quite this unambiguous about Medicare and Social Security reform before. And I haven't read any leaks along these lines either.
On the Medicare front he may just be talking about the impact of his overall healthcare plan, but I don't have a clue what he might have in mind for Social Security. At a guess, though, he's got something typically Obamian in mind, a mixed bag of moderate tax hikes (maybe increasing the payroll tax cap, which I think he's talked about before) and moderate benefit cuts (maybe increasing retirement age a year or two) that will get bipartisan support. Wait and see.
Joe!
JOE!....Via Atrios, our friends at Pajamas Media have landed an exclusive:
Joe The Plumber is putting down his wrenches and picking up a reporter's notebook. The Ohio man who became a household name during the presidential campaign says he is heading to Israel as a war correspondent for the conservative Web site pjtv.com.
Another triumph for citizen journalism. Maybe Sarah Palin will join him for a surprise appearance at a bomb crater somewhere.
The Curious Case of the Curious Case of Benjamin Button
THE CURIOUS CASE OF THE CURIOUS CASE OF BENJAMIN BUTTON....Apropos of nothing in particular, I decided to read Fitzgerald's short story
"The Curious Case of Benjamin Button" after seeing the movie, and it's curious indeed. Aside from not being a very good story (working in the dark ages before the rise of sf, Fitzgerald pretty clearly had no idea what to do with the concept), it's notable that the film doesn't contain even one single element from the story. Not one. Aside from the title, the only thing they have in common is the basic idea of a man aging backward, and even that's treated entirely differently in the film than in the story.
Now, I don't have any problem with this. Screenwriters should write whatever screenplay they want. But what I'm curious about is why the filmmakers even bothered to pretend their movie was based on the Fitzgerald story. If it were, say, I, Robot, I'd get it: the association with Isaac Asimov would be considered good for the box office. Ditto for all the bestsellers made into movies. But the association with Fitzgerald wasn't really played up much in the publicity for the movie, and Fitzgerald is hardly a huge draw for modern audiences anyway. So why bother? Oscar bait of some kind? Or what?
Snubbing Obama?
SNUBBING OBAMA?....Last month, Barack Obama asked the White House if he could move into Blair House a couple of weeks early so that his daughters Malia and Sasha could start school. They turned him down, saying there were guests already booked to stay there, and at the time I assumed this was legitimate. George Bush is many things, but turning down the request just out of personal pettiness didn't seem like his style.
But as so often happens, whenever I give Bush the benefit of the doubt, I turn out to be wrong. ThinkProgress has the dope. It's still possible that bureaucratic bungling or miscommunication might be the culprit here, but it doesn't really look like it.
Quote of the Day - 01.07.09
QUOTE OF THE DAY....From Megan McArdle:
I recently realized that over the past few weeks, without really noticing, I've slipped quite naturally into referring to the current crisis as "the Depression". I also realized that no one I've spoken to has challenged that description.
It's sort of stunning to step back from the daily minutiae once in a while and realize just how bad this economic crisis is. As near as I can tell, the underlying shock really is as intense as the one that kicked off the Great Depression, and the only thing preventing soup lines these days is that we've learned a helluva lot since the 1930s. Retirees all continue to have purchasing power and healthcare thanks to Social Security and Medicare. The unemployed are receiving unemployment insurance. Deposit insurance is preventing bank runs. The Fed has lowered interest rates to zero and is prepared to intervene massively to prop up the money supply. Barack Obama is readying a massive federal spending stimulus package. The Treasury is pumping capital into the banking system to prevent a complete collapse of the credit markets. Aside from tinkering around the edges, most countries have agreed (so far!) not to ratchet up protectionist tariffs and trade barriers. We aren't hobbled by reliance on the gold standard.
Take that stuff away today and unemployment might already be in double digits and still heading up. Put this stuff in place in 1929 and we probably never would have had the original Depression (or World War II). So thanks, FDR! Thanks, modern mixed economy! Thanks, countercyclical policy measures! I sure hope it's enough.
Gupta vs. Moore
GUPTA vs. MOORE....Barack Obama has nominated celebrity doctor Sanjay Gupta to be Surgeon General, and over at his place Ezra Klein has a full rundown of the smackdown between Michael Moore and Gupta after Sicko came out a couple of years ago. I remember being annoyed by this at the time, primarily by Gupta's idiotic insistence that, no, America doesn't spend $7,000 per person on healthcare, it spends only $6,000. Wham! Take that, Moore!
This seemed even more egregious than Gupta's other errors, since it was a purely technical disagreement and Gupta knew perfectly well that (a) there was nothing wrong with Moore's number and (b) it was a trivial difference anyway. Moore's point was that we spend way more money than other countries without getting better results, and that's beyond argument. In the end, though, I wrote it off not so much to mainstream dislike of Moore as to mainstream insistence that if you're going to fact check something, then by God you'd better find some errors even if there aren't any.
Gupta had a few other issues with Moore that Ezra didn't comment on (is national healthcare "free"?, do other countries have longer waiting times than the U.S.?), and he didn't do much better on those. Still, I guess in the end I agree with Ezra that this has been blown out of proportion:
But it's not, as some of the e-mail has suggested, evidence that Gupa is either conservative or an opponent of universal health care. He's read Obama's plan. He's coming on in a largely communications capacity. And that'll be his role. Krugman says that the problem with Gupta's performance was that it was another example of elites engaging in "Village" behavior. He's right about that. But at the end of the day, if the villagers support Obama's heath reform plan, it has a far better shot than if they don't. That's why Gupta's hire is good for health reform, even if it's not good for pundit accountability.
Surgeon General just isn't that big a deal. Gupta will be an effective public face for healthcare, but it's not likely he'll have any major input into the policy end of Obama's primary healthcare plan. It's not worth getting too excited about.
UPDATE: Over at Kos, DrSteveB writes the brief for the opposition. The main problem is that Gupta has a long string of connections with various pharma and healthcare companies. I'm not sure how unusual this is, and I'll wait to hear more about it before saying more. But it's certainly something that needs to be addressed.
UPDATE 2: Oops. Turns out the long string of connections belongs to a different Sanjay Gupta. DrSteve has updated accordingly. Obviously the usual vetting is still in order, but there's no evidence that Gupta has any inappropriate industry ties.
Panetta at the CIA
PANETTA AT THE CIA....Fred Kaplan asked Richard Clarke about Leon Panetta today, and Clarke mentioned that a point in Panetta's favor as CIA director is that as Bill Clinton's budget director and White House chief of staff during the 90s
"he was one of a very few people who knew about all of the covert and special-access programs." That could come in handy:
These "special-access programs" — satellites, sensors, and other intelligence-gathering devices whose very existence is known only to those with compartmentalized security clearances — form a welter of costly, overlapping, ill-coordinated, and largely unsupervised projects that are run by private contractors to a greater extent than most people might imagine.
One former CIA official who is familiar with these programs (and who asked not to be identified) speculates that Panetta's main task might be to clean up not only the agency's high-profile mess — the "black ops" that have tarnished America's reputation around the world — but this budgetary-bureaucratic mess as well. Certainly, he knows where the line items are buried to a degree that few insiders can match.
But I wonder how much control Panetta would have over this stuff. Isn't most of it part of NSA, NRO, or other Pentagon outfits? Still: an interesting point. Panetta's past experience may be more relevant than people think.
Better on the Small Screen?
BETTER ON THE SMALL SCREEN?....Last month, after emailing to taunt me about getting schooled by Ta-Nehisi Coates for my primitive esthetic sensibilities, Scott Eric Kaufman regaled me with some weird theory he had about why The Dark Knight is actually better on a TV set than on the big screen. Over the weekend he explained this theory on his blog:
Watching the film on a small screen — one on which a bug of a Batman glides between five-inch tall skyscrapers while Heath Ledger's Joker licks human-sized lips and establishes human-sized eye-contact — it's impossible to deny that this supposedly epic performance is better suited to the televisual medium.
"Impossible to deny" is a mighty strong claim, but I just rented Dark Knight on my way back from the market and plan to put this theory to the test sometime soon. Anybody else have an opinion on this vital question?
And Then What?
AND THEN WHAT?....Marc Lynch went to a lecture this morning given by Israel's Ambassador to the United States, Sallai Meridor:
It was a profoundly dismaying experience. Because if Ambassador Meridor is taken at his word, then Israel has no strategy in Gaza.
Asked three times by audience members, Meridor simply could not offer any plausible explanation as to how its military campaign in Gaza would achieve its stated goals....As to a political strategy tied to the military campaign, nothing. No guidance as to whether Israel would re-occupy Gaza, or on what terms it would accept a cease-fire. No thoughts as to whether the campaign would cause Hamas to fall from power or help the Palestinian Authority regain political power.
....In short, Meridor quite literally offered no strategy beyond hitting Gaza hard and hoping for the best. "In terms of creating damage we are certainly on the right path," noted the Ambassador. Few would disagree with that assessment, at least. But some might hope that the bloody, battered path might actually be leading somewhere.
To be honest, this seems to be true of most wars these days: hit 'em hard and hope that something shakes loose. But while that may have been a plausible strategy in colonial wars a hundred years ago, it doesn't seem to work so well anymore. I doubt very much that it's going to work for Israel this time around either.
Media Destruction Watch
MEDIA DESTRUCTION WATCH....Felix Salmon reports that the latest auction of defaulted Tribune Company bonds produced dismal results:
Much more startling is the price on the senior secured loans: just 23.75 cents on the dollar. I checked in with Nishul Saperia at Markit, and he said that it was the lowest recovery rate he'd ever seen for a secured loan....
I should imagine that today's news has been greeted with a shudder at the Chicago Tribune, the LA Times, and other Tribune properties: clearly no one on Wall Street thinks they're worth much even without the huge pile of debt that Sam Zell loaded onto their fragile shoulders. Is David Geffen still interested in buying an uneconomic trophy property? He could turn out to be many employees' final hope.
I wonder how much longer I'll be getting a newspaper delivered to my driveway each morning?
Public Service Announcement
PUBLIC SERVICE ANNOUNCEMENT....Apparently "PEBO" is the latest shorthand for "President-Elect Barack Obama." Just thought you'd like to know.
Money For Main Street
MONEY FOR MAIN STREET....Currently, businesses that lose money are allowed to use those losses to offset profits from the past two years. The result in some cases is a refund against past taxes. Part of Barack Obama's stimulus bill is a plan to increase this period to five years, which apparently would provide businesses with about $25 billion in additional tax refunds this year. Matt Yglesias isn't impressed:
As stimulus, this doesn’t work. Businesses spend money based on calculations of the likely returns on spending. Insofar as it’s profitable to expand operations, businesses will spend money on expanding operations. Insofar as it’s not profitable to expand, businesses won’t expand.
Transferring lump sums of money to existing firms doesn’t alter the profit-loss calculus. A firm with no expansion opportunities it sees as profitable will just pocket the lump sum and consider itself fortunate. And a firm with expansion opportunities it sees as profitable will only be very marginally impacted by an infusion of cash.
I'd be curious to hear from other folks on this. Technically, this sounds right, but I think the reality might be a little different. Lots of things in the business world are sticky, and jobs are one of them. Corporations generally don't like to lay off employees, partly for business reasons (they don't want to lose good workers that they might not be able to rehire later), partly for ordinary human reasons (most bosses really don't enjoy laying people off), and partly just because of inertia. So it's possible that a tax refund that eased the P&L a bit might prompt them to keep on more workers than pure hard-hearted economic calculations might dictate. It would probably be a fairly small effect at the margins, but it might still be noticeable. Especially if the rest of the stimulus package gives business owners hope that the downturn might be short-lived.
Besides, all this does is change the tax timing anyway. Corporations that booked big losses in 2008 will be able to carry them forward against future profits regardless, which will decrease their taxes in the future. But maybe we're better off letting them get their refunds now, rather than two years from now when the economy has picked up again?
Alternatively, this is just another big corporate giveaway. Any nice liberal economists care to weigh in on this?
UPDATE: Via Jon Cohn, Dean Baker shreds the tax write-off proposal:
The break that allows businesses to write-off losses against taxes paid 4-5 years ago (as opposed to 2 years in current law) is simply a give-away to the financial industry and homebuilders. These are likely to be the only businesses that will have losses so large that they can't fully deduct them from earnings over the last two years.
This tax cut has nothing to do with stimulus. It is difficult to imagine that this sort of tax break would even be considered if it were not for the political power of the financial industry.
More from Jon about the stimulus package here.
Geoghegan Running for Congress
GEOGHEGAN RUNNING FOR CONGRESS....Via Jim Fallows and others, I see that Tom Geoghegan (pronounced Gay-gan) is running for the House seat vacated by Rahm Emanuel. I can't say that I've read a huge number of Geoghegan's books and essays, but I've read enough to be pretty impressed. I guess this comes from two sources:
He has a fascinating writing style. I don't really have the vocabulary or esthetic sensibility to describe it properly, and if I did it would almost certainly seem like it shouldn't work. But it's sort of the writing equivalent of the bumblebee: it shouldn't be able to fly, but it does. (And stings, too!) I'd kill to be able to write as effectively and idiosyncratically as Geoghegan does.
He's a labor lawyer who's completely dedicated to the cause, but I've always gotten the sense that his eyes are wide open. He know which side he's on, and he knows why, and he can explain it in very plain English, but he never makes the mistake of thinking that unions are beyond reproach. They're human institutions, sometimes they suck, sometimes they're shortsighted, but they're still necessary and they're still the best bet we have to counterbalance the massive influence of corporations and the rich on the political and economic process.
The basic Geoghegan bio is on his Facebook page here. Kathy G. has a more personal account here. Fallows has this to say:
The remarkable thing is that in Geoghegan's case writing has been a sideline. Day by day for several decades he has been a lawyer in a small Chicago law firm representing steel workers, truckers, nurses, and other employees whose travails are the reality covered by abstractions like "the polarization of America" and "the disappearing middle class." Geoghegan's skills as a writer and an intellectual are assets but in themselves might not recommend him for a Congressional job. His consistent and canny record of organizing, representing, and defending people who are the natural Democratic (and American) base is the relevant point.
Geoghegan is running against a gaggle of competitors, including Cook County commissioner Mike Quigley, State Representative Sara Feigenholtz, Alderman Pat O'Connor, State Representative John Fritchey, and several others. I have no idea how to handicap the race, but it should be an interesting one to watch.
UPDATE: TNR has just posted a collection of Geoghegan's writings for them here. They're all more than ten years old and I haven't read any of them, but they might be worth checking out.
Dennis Blair
DENNIS BLAIR....Last month Gary Farber noted that Adm. Dennis Blair, who is Barack Obama's choice to become our new Director of National Intelligence, has a gray spot on his record: in 1999, when he was Commander in Chief of the Pacific, he apparently cozied up with the Indonesian military at a time when they were
supporting terrorist militias in East Timor — and he did it in spite of instructions to tell them it was time to shut down the militias. Here's a contemporaneous report from The Nation:
Officials say that this past April, as militia terror escalated, a top US officer was dispatched to give a message to Jakarta. Adm. Dennis Blair, the US Commander in Chief of the Pacific, leader of all US military forces in the Pacific region, was sent to meet with General Wiranto, the Indonesian armed forces commander, on April 8. Blair's mission, as one senior US official told me, was to tell Wiranto that the time had come to shut the militia operation down....But Admiral Blair, fully briefed on [a recent massacre at] Liquiça, quickly made clear at the meeting with Wiranto that he was there to reassure the TNI chief. According to a classified cable on the meeting, circulating at Pacific Command headquarters in Hawaii, Blair, rather than telling Wiranto to shut the militias down, instead offered him a series of promises of new US assistance.
Last night Gary emailed to ask why nobody seemed to care about this. My response, essentially, was "I dunno."
And I really don't. In fairness, Blair doesn't seem to have disobeyed a direct order from the president or anything. The Nation piece uses the passive voice ("was dispatched to") in its description and a later admonition to Blair came from the State Department via the U.S. embassy in Jakarta. Blair, however, apparently felt that you catch more flies with honey than with vinegar, and chose to engage with General Wiranto in hopes of gaining his trust, rather than delivering a sharp rebuke that might have seriously damaged U.S.-Indonesian relations. In an update, for example, Gary quotes a line from a Dana Priest article in the Washington Post:
Robert Gelbard, a former U.S. ambassador to Indonesia, opposed Blair's push to work with that country's military in 2000, but he endorses Blair as director of national intelligence. "We had a legitimate policy disagreement. But he has a tremendous analytic mind and commands a lot of respect in Washington. His appointment comes at a time when there needs to be a critical reassessment of what the ODNI does," Gelbard said.
These kinds of intra-government disagreements happen all the time, so it's hard to say how big a deal this really was. And Gelbard certainly doesn't seem to hold it against Blair. Still, it seems worth making sure Blair's actions in Indonesia are at least on the table. So: is this a red herring or a legitimate beef? Anyone who happens to know more about what really happened here is invited to chime in in comments.
Top Ten Bills
TOP TEN BILLS....Over at Tapped, Tim Fernholz passes along summaries of the top ten bills the Senate Democratic leadership plans to introduce this month. It starts with S.1, the stimulus bill, and runs down through troubled mortgages, healthcare, climate change, education, immigration, and a few other things. The descriptions are mostly just placeholders and don't really say much, but it's still an interesting look at Harry Reid's priorities.
Perhaps what's most interesting, though, is what's not on the list: card check, forcing hedge fund billionaires to pay ordinary taxes on their income (possibly the biggest no-brainer legislation in recent history), military procurement reform of any kind, and serious financial regulation. That's not to say this stuff won't come later. But apparently it's not part of the Top Ten.
UPDATE: A couple of commenters think card check is implied as part of S.2. Maybe so. The wording seems awfully vague if that's really their intent, but we'll see.
Bringing Us Together
BRINGING US TOGETHER....The LA Times reports on Barack Obama's attempt to get wide bipartisan support for his fiscal stimulus package:
Despite Barack Obama's decision to include as much as $100 billion in business tax breaks to his economic stimulus package to woo reluctant Republicans, obstacles to speedy, bipartisan passage remain.
...."I think he would like to have a large bipartisan vote in favor of this package. And he knows, even before we mentioned it, that the way to do that is obviously for it to have elements that are appealing to Republicans," Senate Minority Leader Mitch McConnell (R-Ky.) said after a 90-minute meeting that Obama held with Democratic and Republican congressional leaders Monday.
....At the same time, McConnell and House Minority Leader John A. Boehner (R-Ohio) said they were not ready to endorse the overall stimulus proposal....House Minority Whip Eric Cantor (R-Va.), speaking after the closed-door meeting with Obama, said, "I think there would be a lot of support" for tax cuts among the GOP rank and file. But, he added, "we cannot afford to be burdening our children and our grandchildren with an extra trillion dollars in debt."
The more I read about this, the more perplexed I get. What is Obama's goal here? He's already tossed in something like $300 billion in tax cuts to curry Republican favor, and his spending plans amount to about $200 billion per year for two years. That's a big number, but it's also only about 1-2% of GDP. It's not that big a deal, and as a response to a massive recession it ought to be a no-brainer, even for Republicans.
But they're playing the game anyway. By pretending to be skeptical, they're hoping to wring yet more concessions out of Obama. Which is exactly what you'd expect them to do. It's politics.
But what does Obama get out of this? He's got the votes to pass his package already, and it's hard to see what a bigger vote total buys him. In fact, considering what a crowd pleaser this bill is likely to be (jobs + tax cuts + aid to states = wild popularity), it's not entirely clear why Obama is working so hard to get Republican votes. Wouldn't it be better if the public saw this bill as a Democratic victory enacted over the meanspirited, neo-Hooverite obstructionism of a dying and bitter Republican Party? Besides, when push comes to shove, my guess is that plenty of Republicans will be clamoring to vote for this bill no matter what Obama does. Who wants to be left off the gravy train with elections coming up in a mere 22 months?
(And if, against all odds, the bill ends up being unpopular, or viewed as ineffective? Or the economy continues to suck no matter what? Well, all the Republican votes in the world still won't help Obama. They'll attack him viciously whether they voted for the bill or not, and he'll own the economy, for good or ill, regardless.)
I guess this all comes down to whether you really believe Obama can change the tone in Washington. He seems to genuinely believe he can, and his actions on the stimulus bill make sense if you see them as the opening move in a long-term project to dial down the bitter partisanship of the past couple of decades. The press might eat this up (or might not, since they generally dismiss this kind of talk from Democrats), but I continue to wonder what makes Obama believe he can pull this off? There's just no evidence from history to suggest that this can work, and no evidence from the recent history of the conservative movement to suggest that they're planning to adopt a more conciliatory tone over the next few years.
So I continue to wonder: What does Obama see that I don't? What does he know that I don't? I'm flummoxed.
Political Persuasion
POLITICAL PERSUASION....Matt Yglesias mocks RNC Chairman Mike Duncan's recent burbling about how Republicans need to start using Twitter and Facebook and "the different technology that young people are using today":
I love Twitter. I have two Twitter feeds. I manage one with Twitterific and another with Twitterfox. And of course there’s my iPhone interfaces, too. Twitter’s neat, it’s fun, I enjoy it. But you can’t do political persuasion on Twitter and anyone who’s at all familiar with either Twitter or political persuasion could tell you that. It’s important for political movements to embrace new technologies, but part of embracing new technologies is understanding them and actually respecting what they’re for and Twitter is never going to be anything other than an incidental sideshow to political activism.
I'm not so sure about that. It sort of depends on what you mean by "political persuasion," I think. A steady stream of tweets containing ever more apocalyptic messages about (for example) the imminent demise of American civilization due to immigration legislation wending its way through Congress could be effective at helping to rouse the masses to protest. Couldn't it? Matt is probably right that Twitter by itself is something of a sideshow, but all of these technologies put together (Twitter, texting, Facebook, YouTube, etc.) could end up being as effective in mobilizing the 20something generation as talk radio was mobilizing the Newt generation. And mobilization is persuasion, no?
Actually, Duncan's real problem is probably not so much that he's wrong about Twitter, but that he doesn't have any real clue about what Twitter is. He seems to treat it more like a buzzword than a genuine concept. But at least it's a start.

Transferring lump sums of money to existing firms doesn’t alter the profit-loss calculus. A firm with no expansion opportunities it sees as profitable will just pocket the lump sum and consider itself fortunate. And a firm with expansion opportunities it sees as profitable will only be very marginally impacted by an infusion of cash.
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