Month: April 2008

I’ve been meaning to blog about this for some time now, and it’s really long overdue given how rapidly things are forgotten and how quickly new issues come up. Between the trio of McCain, Hillary, and Obama, I think I’m pretty clear in my mind that Obama has the best vision for the country.

I hate to use the cliché, but McCain really would be just another four years of Bush. And let’s be honest here, I’m pretty unhappy with how the last eight years went, politics wise. Between the two democrats, Hillary is the “republican” and Obama is the “democrat”. What does this mean? First I refer you to the NYT Decision Tree, which I think is an excellent piece of work. What does it tell us? That the well educated vote for Obama, and the less than well educated vote for Hillary.

In short, educated democrats vote for Obama, and uneducated democrats vote for Hillary. That’s no surprise really, Hillary tells great sob stories. People identify with that. Especially uneducated people who don’t know any better.

I might be considered an elitist for saying this, but I strongly believe that educated people make better policy decisions and that Obama’s vision is one that appeals to this crowd for good reason.

This is why I was especially disappointed with the handling of Obama’s “Muslim identity crisis”. He could have handled it so much better. It’s said that one shows their true colours when they’re cornered, and when Obama was cornered his campaign put out statements that were disappointingly anti-Islam and borderline racist.

Instead of playing clean and saying “I’m a committed Christian, but there’s nothing wrong with being a Muslim in our secular country,” his campaign went all out denouncing Islam as an evil that is anathema to Obama. That anybody who insinuates that he is a Muslim is insulting the core of his very being. From someone who is looked up to as a visionary, I expected a lot better.

Perhaps I shouldn’t have. Conservative Christians and Jews are too important a demographic in American politics and anybody who upsets them doesn’t have a real shot at the presidency. After all, what good is a visionary who is unelectable?

All things considered, I’d still take Obama over the others, by a long shot. But what used to be unadulterated admiration is now tempered by a wariness about his character. He’s not been tested so far; and when push comes to shove, how will he react? I’d venture still better than the others, but should ‘better than Hillary and McCain’ really be America’s benchmark?

Senator Evan Bayh (D-IN) has been working the right side of his brain hard over the last couple of weeks. Aside from making the ludicrous claim that HRC is better poised than Obama to win a general election against McCain because the states she won count for more electoral votes, he’s been using creative math elsewhere too.

Senator Bayh, along with two others, has sponsored the China Currency Manipulation Act of 2008. If passed, this ominous sounding act is poised to coerce the Secretary of the Treasury into finding that China is manipulating their currency and that the IMF should be consulted regarding what remedies can be sought to correct or stop this evil manipulation.

On 3 April 2008, Bayh’s office shoots out a press release where he says:

American companies and workers are put at a major competitive disadvantage when China engages in massive intervention to lower the value of its currency and lower the cost of Chinese goods…This legislation will force the Treasury Department to stop turning a blind eye to Chinese attempts to gain an unfair trade advantage by undervaluing their currency.

This guy is so out of touch with reality that the mind boggles as to where his statistics come from. Let’s take a look at some hard numbers. A year ago today, one US dollar was worth 7.72 Chinese yuan. Today, the Chinese yuan is trading at around 6.98 to the US dollar. While the yuan has appreciated against the dollar by about 10%, this guy complains that China manipulates their currency to undervalue it.

His other claim is that China is working to lower the costs of Chinese exports. I work in the manufacturing industry and get information first hand about what is going on in China. There is not a shred of truth to what Bayh says, and in fact the opposite is true. Between mandating that workers are only allowed to work 5 days per week, or else receive excessive overtime pay, and requiring employers to enroll them in umpteen different types of social insurance, to cutting electricity on certain days of the week, to tightening controls on pollutants, there is nothing going on in China that reduces the cost of anything. The only price pressures are upwards and these are all artificially created by the Chinese government.

Bayh’s facts are so incredibly wrong and at odds with the truth that the only explanation is that he’s living in an alternative universe. The sad truth is that most Americans won’t know the difference and will accept as fact that China is evil and America is the only country willing to stand up to it.