Obama is on a swing through the West, promoting his ‘save my job’ jobs bill. Yesterday, he “randomly” picked a guy in the audience for a question. The guy just happened to be a rich dude who wants the government to raise his taxes. He also just happens to be an ex-Google exec who has given buckets of cash to Democrats. Ace has a good rundown of some of his generosity.
Today, Obama stumps in Colorado, a state he won by 9 points in 2008. So how are things looking there for him? Not so great:
His fall in Colorado has been especially striking. The last major statewide poll, taken just before the August stock market swoon by the Democratic Public Policy Polling firm found the president under water, with a 46 percent-50 percent approval/disapproval split — a 10-point drop since February. Most alarming, was the collapse of support among the one-third of state voters who identify themselves as unaffiliated independents: 38 percent now approve of Obama, down 14 points from the winter.
FaceBook has launched a political PAC. Is that a face palm, or a clever way to stay ahead of the problems MicroSoft and Google have both encountered?
Perry’s poor showing in the Florida debate and losing the straw poll to Herman Cain have forced him to double-back to reassure his base. It’s early enough for him to pull that off, but he can’t afford to allow it to occur again.
The Perry campaign conducted two “tele-town halls,” dialing into the homes of targeted GOP voters across both states and asking them to hold for the governor, according to a South Carolina Republican source who received one of the calls.
Maryland is poised to launch a program intended to ensure that high school graduates are financially literate. Excuse me, but isn’t that precisely what the racist, homophobic Tea Party has been trying to teach the government for the past few years? If government does anything well, it’s irony.
Franchot has been trying to get the Maryland General Assembly to pass legislation requiring a standalone course in financial literacy as a criterion for graduating high school. The bill has died the last two years, but Franchot says he wants to give lawmakers a petition with 10,000 signatures when they reconvene in January.
Speaking of government, ours is on the road to avoiding a shut-down. Was there ever really any doubt? They always do seem to always enjoy playing the drama out, regardless of the fact that neither party would risk the consequences.
The media seems to be taking cues from Palin these days. She was the first to fence out Joe McGinniss. Somehow I doubt Random House wants him talking too much either, at this point. Threats of lawsuits do tend to make people clam up.
Attorneys representing former Alaska governor Sarah Palin have written to Crown Publishing, a division of Random House, serving notice of possible litigation for defamation in connection with Joe McGinniss’s recent anti-Palin biography, and warning the company not to delete or destroy relevant documents.
Wow: IBOPE Zogby released a shocker of a poll showing Cain with a solid lead for the GOP nomination. It also found that Rick Perry’s support had plummeted around 20 points to 18%. Polls are tricky things and interactive polls, like Zogby’s, where participants register to be included in polls, are even trickier. So, no doubt Cain will get a bump from his straw poll win and Perry is having some trouble, but for now, I’d set this aside as an outlier.
Stocks are rebounding a bit based on hopes of a European bail-out. Stay tuned.
That rebound may be a bit premature. The Fed Vice Chair says the economy is worse than anyone thinks. Well, anyone in DC anyway.
DOOM: If broken dreams were limousines, I might take you for a ride…
Average annual consumer household spending fell 2% in 2010, BLS reported today. This was the second yearly drop. Don’t expect a return to pre-recession levels any time soon.
BigPeace’s Worldview, September 27: Europe floats a fantasy bailout plan
Of course: Barry Diller’s IAC, a global internet and media conglomerate, announced that Chelsea Clinton will join the company’s board of directors. The position pays an annual stipend of $50,000 and comes with stock options (!). A company spokesman explained the rationale:
‘Ms. Clinton is a keenly intelligent, insightful and inspirational young woman with experience in consulting and public policy, whose skills and background complement the existing areas of expertise of other board members.
She’s 31.
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