'A pen warmed up in hell' | Reality-based commentary about Phoenix, Arizona, and the nation.
1Fifty-nine percent. That's the lead in Arizona for wealthy Republican John Sidney McCain III, according to the Rasmussen poll. It's perhaps all you need to know about today's Arizona, already a burden on federal taxpayers and likely to become a disastrous drag on the nation in the decades ahead.
A casual viewer might think this is a tremendous vote of confidence for McCain, as "these are the voters who know him best." In fact, they are the voters who likely know him least — with some exceptions I'll get to in a moment. McCain has rarely been a presence in his "home state." He rarely rises from his self-anointed position of national leadership to address an issue facing Arizona, unless it is to thunder "no!" As Arizona has changed and urbanized, as its economy has become more backward and it has skidded along on the bottom of almost every scale of social well-being, as its needs have ballooned — McCain has done nothing.
For most of these 59 percent, McCain is a television and talk-radio presence. They are the right-wing faithful and "low information voters" who came to Arizona to escape "socialism" — i.e., any obligations to society. Because of the sacrifices of real Arizonans and their leaders who came before McCain — and vast amounts of federal money ("socialism"), they get to unthinkingly live in an air-conditioned, water-abundant (or so it seems), wide-freeway, flood controlled "resort." It would not exist if earlier Arizonans had followed the prescriptions of McCain and the rest of the Republican delegation — but this is deeper thinking than we can expect. In this transient place, most know nothing of its history or critical issues.
3At least two big rail transit measures are on the ballot around the country this November, maybe more. In Seattle, voters will be asked to approve light-rail expansion. And in California, there's a truly transformative measure to build a high-speed rail network.
Both will probably fail, both due to the financial crisis but, sadly, also to the pervasive myths and muddled thinking that keep America frozen with an increasingly unworkable 1965 transportation network. This post will attempt to take a few of these on:
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3Barack Obama has apparently found the perfect vibe to reach the "average American" low- lower- lowest-information voters in the debates. While I am screaming at the television — don't let McCain get away with that! mention this! — he just cruises along and polls show him winning the encounters. Still, some thoughts for the high-information Rogue Columnist readers:
It will be interesting to see who this "Joe the Plumber" really is, (or really even a plumber) if it still matters. He seems to be a right-winger, if not an outright plant. Apparently he opposes Social Security, among other "socialist" outrages. If so, he fits a type of small-businessman or woman who is never envisioned as politicians sing their hosannas to small business. Ones like the woman in Phoenix, also owner of a very successful plumbing business, who testified before a sympathetic legislative committee of the Kookocracy. "Why should I pay taxes for schools?" was among her complaints.
The ugly small-business owner is one of the backbones of the conservative movement, believing he or she has no common obligations to society, but is a victim. Their grievances are legion. These owners rarely offer healthcare or decent wages to their employees. They employ illegal immigrants, even as they rage against the "brown hordes." They envy those who dodge taxes, if they're not doing it themselves. Why should we celebrate them? If you're making more than $250,000 a year, you owe the society that allowed you to do so. If you can't hack it, go out of business and get a job. See how all too many employees are treated in America governed by Republicans, the party that wrecked America. (spread the meme).
13The past two weeks were a bad time for a financial columnist to be gone — or maybe they were a fine time. I've been warning about this collapse for years, not as a wish but as a concern. That our practices of deregulation, consolidation, hollowing out of the economy and building a vast Ponzi-scheme economy in its place would inevitably come crashing down.
Gone was a train trip from Seattle to Baltimore, where the Bouchercon mystery writers' convention was honoring my editor, Barbara Peters, and publisher, Robert Rosenwald. Susan and I wanted to take Amtrak across this big land before Republican John Sidney McCain III was elected and followed through on his longtime obsession to shut down the national passenger rail system. In fact, Amtrak does a fine job, especially considering the years of underfunding it must fight against, and the fact that it is a mere tenant on the railroads it travels (outside of the Northeast Corridor). It's interesting, and heartbreaking, to consider what we might have if we had been investing in high-speed train networks instead of financial swindles over the past 20 years. Even now, the trains are packed and popular.
The train forces one out of the crazy rhythms of flying and driving. You see how vast and varied this nation remains, especially in the places left behind by the Interstate highway system. Barely a golden arch profanes the route of the Empire Builder across the northern tier. There are the rotting, bell-towered schoolhouses sitting forlornly on the depopulated Great Plains, the little farm towns, down on their luck for decades but hanging on, the mountaintops our forebears conquered with blood and tears to lay steel rails from coast-to-coast. Anxieties about stolen elections and falling Dow give way to the gentle swaying of the train.
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No CommentsWhen experts and commentators talk about the "crisis of confidence" or "crisis of trust" in the markets, it can be read in different ways. One: it’s a nice way of saying, a la Phil Gramm, the recession is in our heads and if we just had some confidence happy days could return. Two, confidence and trust in the system have collapsed for reasons, including bankers not lending because they know companies will fail, and people in general no longer trusting the economic "House that Ronald Reagan (and Phil Gramm) Built."
It is most decidedly the latter. If nothing else, the Great Disruption we are now experiencing should discredit the "free market" theories that led us to this pass. We shall see. When the Depression hit, the world was awash with alternatives to capitalism, most of them bad, but also with an engaged electorate and a middle class that read. Now we have video games and social networking sites. The igno-geeks must be truly baffled as their future vanishes, even though they kill at Grand Theft Auto version whatever.
Where’s Cheney? As I write, George W. Bush is preparing to make another pitiful "statement" as markets plummet around the world. The veep is nowhere to be seen, running things as he did in Iraq. Perhaps he is preparing his defense fund, or place in a country with no extradition agreement. Meanwhile, Paulson and Bernanke are in change. Yet they represent the wisdom of the old order that is in crisis. They can’t fully comprehend what is happening, for it so goes against all their learned learning, all their orthodoxies. The Age of Greenspan is over.
8Some of America’s most prosperous cities are also among the casualties of what I’m calling the first stage of The Great Disruption — the current financial crisis.
Charlotte, a middling Southern town built into a city by two money center banks, will see its world changed radically whether Wachovia is bought by Wells Fargo or Citigroup. At least one-fifth of its jobs are in banking, and these are high-paid corporate jobs with benefits. Virtually every advance in Charlotte, particularly its revived downtown, came from the leadership of Wachovia and Bank of America. Now half of that will be gone, and the claim to being America’s second-largest banking center.
I make a prediction: Bank of America will soon move its headquarters to New York. The decision will likely be camouflaged in language of "dual headquarters" or some such corporate claptrap. But BofA’s best and brightest will feel an increasing need to be in what’s left of America’s financial capital. After all, the men who built these powerhouses as a powerful, personal gift to Charlotte are retired.
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1The 31-story Sheraton opened in Phoenix this week, to the predictable cheerleading that it will "revive" downtown. I hate to sun on your parade, but my recent visit "home" showed that the central city is still facing mammoth challenges, and that, of course, bodes ill for the economic and social health of the region.
Let’s start with the good news, for we always have to be mindful of "the Valley’s" real-estate-promoter mindset and fragile ego. The thing looks less bad than many had feared; as it was going up an editorialist at the Republic memorably likened it to an overgrown motel by the Interstate. It is absolutely essential to the success of the Convention Center, a business where Phoenix should excel, rather than being an also-ran with Grand Rapids as it was before the expansion.
A modest mid-rise is going up, just north of the Valley Center tower (I use the old name because who knows who will own the bank tomorrow), and at least one at CityScape. Not sure if there are many tenants. ASU has added a couple of buildings and is expanding the nursing college. The Grace Court development is coming along. And light rail is in — light rail has succeeded virtually everywhere in America, so Phoenix will have to work really, really hard to screw it up.
Now, if you feel better you can stop reading now. Or read on for the unfortunate "rest of the story."
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No CommentsIn a season where it’s hard to pick the most frightening development, here’s a leading candidate: the notion that the president and vice president should be "average Joes, just like me." It’s especially scary considering that the "average" American now reads less, knows less history and is more ignorant about the world than most of the generations of the 20th century — the American Century.
Now comes Sarah Palin, claiming she is a victim of the elites. She told radio host Hugh Hewitt, "Oh, I think they’re just not used to someone coming in from the outside
saying you know what? It’s time that normal Joe six-pack American is
finally represented in the position of vice presidency, and I think
that that’s kind of taken some people off guard, and they’re out of
sorts, and they’re ticked off about it."
It is a sign of national madness if one has to point out the complex issues and challenges facing the nation’s leaders. While years of preening and bullying in Congress are less meaningful (Republican John Sidney McCain III), our situation cries out for officials with sound judgment, wide knowledge, supple intellect not calcified in dogma, and curiosity. Palin has shown none of these traits in her tightly controlled interviews — quite the opposite. We’re reminded of a less qualified version of candidate George W. Bush. (And a little racist code there, in "normal…American"?)
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