Kudos to Jay for exposing the Romney blather–a disappointment, given the fact that he did pass universal health insurance in Massachusetts. But I’m not that impressed by the $6.5 million he raised, either. Money is a vastly overrated indicator of political credibility. Remember Howard Dean’s $40 million? Politicians raise money so they can buy (mostly negative) ads. But people are growing tired of the vitriol; they’re using their clickers to surf past the garbage. A vomitous amount of cash was spent on negative ads by Republicans in the 2006 election, and look where it got them. (Although, one caveat: a certain amount of cash in the bank doesn’t hurt–the fact that Democrats were able to respond so quickly and creatively to the Republican spots certainly helped their cause.)
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Latest on Swampland
Rick Santorum Wants to Fight ‘The Dangers Of Contraception’
Candidates often say things when polling in the single digits that come back to haunt them when they start leading the polls. Last October, Rick Santorum gave an interview with an Evangelical blog called Caffeinated Thoughts, in which he said contraception is “not okay,” and that this would be a public policy issue he would tackle as President. In particular, he said he would “get rid of any idea that you have to have abortion coverage or contraceptive coverage” as a government policy. Start watching the following video at 17:55.
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Occupy the Regulatory Open Comment Period!
There’s nothing “wrong” with protests built around placard-hoisting and park-squatting, but Occupy the SEC is definitely doing something right with its radically different tack. The OWS-offshoot has submitted a 325-page letter to federal financial regulatory agencies on the Volcker Rule, a controversial measure designed to prohibit banks from proprietary trading, or making investments with their own dollars rather than their customers’, that was passed as part of the Dodd-Frank financial reform law.
