Unemployment Shoots Up to a 5-Year High
New government figures
that unemployment is now at 6.1%, the highest level in five years.
Along with the mortgage mess and high gas prices, the economy is now front and center in the election campaign.
Voters will be demanding to know how the candidates are going to fix it.
Republicans are Courting Lieberman
Senate Republicans are trying to get Sen. Joe Lieberman (I-CT) to
and become a Republican. It is doubtful he will do it. First of all, he would lose his chairmanship of the
Senate Homeland Security Committee. Second, while the Democrats don't have memories like elephants, they can
probably remember this for four months when the new Senate meets. It is expected to have 55-58 Democrats,
even without Lieberman, and being exceedingly unpopular with a large majority doesn't usually lead to having
much influence. Third, while Lieberman and McCain are personal friends, Lieberman disagrees with senators like
Tom Coburn, Jim DeMint, and James Inhofe on absolutely everything except Iraq. He would not be a happy camper in
Young Still Ahead in Alaska
Most of the absentee ballots have been counted in the Alaska Republican primary and Rep. Don Young (R-AK)
Lt. Gov. Sean Parnell (R-AK) by 239 votes. the overseas absentee ballots have still not been counted.
whoever wins the primary will face former Alaska house minority leader Ethan Berkowitz (D). Polls show that if Young
wins the primary, the seat will flip to the Democrats. If Parnell wins the primary, the Republicans hold the seat.
For Parnell, it is a win-win situation. If he wins the primary, he goes to Congress. If he loses the primary, he
stays on as lieutenant governor and will become governor if Sarah Palin is elected Vice President.
Anchorage Daily News Calls for Subpoenas in Troopergate
The Anchorage Daily News, the main newspaper in
Anchorage, Alaska's biggest city, ran an editorial yesterday saying
Governor is stonewalling the Troopergate investigattion.
She is being investigated by the Republican-controlled state legislature for unethical conduct and abuse of power
when she fired the state commissioner of public safety for refusing to fire her ex-brother-in-law.
The paper called for subpoenas to be issued so the investigator, retired prosecutor Steve Branchflower, can complete
his report before the election. Palin says she is cooperating but is resisting everything Branchflower wants to do.
The last thing Palin needs now is a big fight with the Republican-controlled state legislature. It could get messy.
McCain's Son on Board of Failed Bank
Silver State Bank has failed and been closed by federal and state regulators. It is the 11th bank failure
this year. What is particularly noteworthy about this failure is that John McCain's son, Andrew McCain, was on the
board of directors until about a month ago. While Barack Obama has said that candidate's children are off limits,
it is not clear if that also holds for adult children involved in bank failures. This incident is surely going to
drum up interested in the failure of another Western bank, the one run by
Charles Keating, who ultimately went to
federal prison despite his trying to get John McCain to help him. The Wall Street Journal has
U.S. Has Highest Teen Pregnancy Rate in the Developed World
Bristol Palin is not alone. There are 400,000 other unwed teenage mothers in the U.S. right now,
the highest per capita rate among developed countries. The U.S. is tied with Hungary for the most
abortions. One might think that people who believe abortion is murder would be doing everything in
their power to prevent unwanted pregnancies to eliminate potential abortions, but that is not the
case at all.
While everyone should leave Bristol alone now, since the subject is in the news, the public policy issue of how
to avoid unwanted teen pregnancies is certainly fair game.
This op-ed piece
in the NY Times discusses how the
policy of abstinence-only education has been a dismal failure that leads to pregnancies and abortions.
Other countries have other policies and far fewer abortions.
There are no state polls today, but there are five post-convention national polls.
| Gallup tracking
|| Obama +4%
|| Obama +6%
| Rasmussen tracking
|| Obama +1%
|| Obama +3%
It appears that John McCain is getting his post-convention bounce in the form of reducing Barack Obama's
lead somewhat. The bounce is likely to continue for a few more days.
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