GOP Raises More Than Democrats Last Month
(FROM: CNSNews) Excellent. Now party leaders must look at the reasons why. During the homestretch of last year’s presidential election, GOP nominee John McCain received two significant bumps in his poll numbers — the first happened when he chose conservative Alaska Gov. Sarah Palin to be his running mate, the second when a fantastic appearance at Saddleback Church left the centrist McCain looking and sounding like a conservative. As Republicans look back upon this past month to see just why fundraising efforts were so successful, I hope they realize that the deciding factor was conservatism. Just like conservative Republicans win elections and moderate Republicans do no, a Republican Party determined to return to conservative principles will win more support than a party wavering around the political middle. Perhaps the only bright spot in the past month was a perceptibly more cohesive GOP, a GOP which rallied around and returned to its conservative roots. Let’s make sure that keeps on happening.
Michelle Malkin: Look Beyond the Bogus Bonus Smokescreen
(FROM: Townhall) An excellent piece of writing which puts the uproar over the $165 million in AIG bonuses in perspective. I don’t know about you, but I got so hung up on the contractual issue and the idea that taxing bonuses will drive away talent that I forgot the blatant hypocrisy of the Democrats, hardly the standard-bearers of fiscal responsibility, getting their undergarments in a twist over $165 million after having spent trillions of dollars in two months’ time. Now, the Republicans who voted for the 90 percent tax on bonuses . . . that’s another matter for a later date, when my anger bubbles up a bit (come on, Eric Cantor — you’re better than that!).
AIG Executives Face Scorn, Even at Their Homes
(FROM: International Herald Tribune)
An A.I.G. executive who had been nicknamed ‘‘Jackpot Jimmy’’ by a New York tabloid walked up the driveway toward his bay-windowed house in Fairfield, Connecticut, on Thursday. ‘‘How do I feel?’’ said the executive, James Haas, repeating the question he had just been asked. ‘‘I feel horrible. This has been a complete invasion of privacy.’’Mr. Haas walked on, his pink shirt a burst of color on a slate-gray afternoon. The words came haltingly. ‘‘You have to understand,’’ he said, ‘‘there are kids involved. There have been death threats. …’’ His voice trailed off. It looked as if he were fighting back tears.
‘‘I didn’t have anything to do with those credit problems. I told Mr. Liddy I would rescind my retention contract,’’ he said, referring to Edward M. Liddy, the chief executive of A.I.G.
He ended the conversation with an order: ‘‘Leave my neighbors alone.’’
Robert Wallace, who penned a fantastic piece posted yesterday on these pages, wrote me in an e-mail to say that he was disturbed by the mob mentality which has erupted following the AIG bonus revelation. I happen to agree with him, and wonder whether this will be the proverbial straw which broke the camel’s back. Of course, I understand the outrage, but a contract is a contract and the bonuses were supported by both the Obama administration and Sen. Christopher Dodd. Remember, too, that none of this would even be a problem if we hadn’t sent good taxpayer money after bad, giving AIG an additional $130 billion after the group posted a $64 billion fourth-quarter loss.
(Now, as for the rumors that AIG insures congressional retirement funds, we’re still working on confirming those. As of right now, they’re still rumors — but that could help explain why Congress was so happy to help AIG but had no problem with letting Bear Stearns fail. — Jeff)
Barack Obama’s Teleprompter Blog
If you have not yet seen this, please do so. It is absolutely brilliant, so much so that I only wish I could have come up with the idea first. I just hope that whoever is putting it together recognizes how much potential this idea–in existence only since Wednesday–has, and acts accordingly. Quite honestly, I have to force myself to read it, only because doing so reminds me how much I wish I could have come up with the idea myself. Whoever you are — FANTASTIC job.
Altruism at the Point of a Gun
(FROM: American Thinker) Funny how everyone is whining about $165 million spent by AIG, but nobody cares about the $6 billion spent by our federal government for the establishment of a “civilian national security force” under the GIVE Act. Basically, it’s a way to federally fund the expansion of liberal ideals and foment liberal activism, but even as bad as that sounds, portions of the legislation are actually pretty downright scary.
SC Gov. Mark Sanford: Why South Carolina Doesn’t Want ‘Stimulus’
(FROM: The Wall Street Journal) I was disappointed. Having breakfast with my wife and daughter at a Charleston-area Waffle House a few mornings ago, I overheard a spirited exchange between two waitresses over the AIG bonuses (I know . . . I couldn’t believe it, either), but nothing was said about Gov. Sanford’s decision to ask that $700 million in bailout money be used to pay down state debt. Sadly, as you read this, my family and I will be en route back up to Pennsylvania — but that doesn’t mean you can’t read about Sanford’s reasoning. Heck, you already know how I feel about Sanford’s take.
WATCH THIS: Mitt Romney, with Larry King, on AIG and More
(FROM: YouTube) I’ve included both parts of the interview below. The man gets it, and with the nation in the grips of an economic crisis, the time is now for Mitt Romney to show that he has what it takes to lead the GOP in 2012. In my opinion, he’s doing so, and doing so well. Of course, it’s still early. Nevertheless, just as I get impressed when I see some of the other leading candidates for candidacy, I’m delighted to see Romney polishing his skills and saying what absolutely, positively needs to be said. If you have the time, please watch both. If you’re struggling for time like I always am, fast-forward to about 8:20 into the first video.
More Weekend Reading to be added from time to time as opportunities present themselves…