Diary

MI Morning Update 10-1-08

34 Days until Election Day

October 1, 2008

 

MORNING UPDATE:

GARY PETERS NEW ADS…In his new TV ad, Gary Peters is trying to introduce himself to Oakland County’s families as someone he’s really not.  His ad cloaks him in a mantle of fiscal responsibility, but his real record shows a love affair with job-killing tax hikes.

At a time when Michigan voters are worried about the state of the economy, Gary Peters’ solution is simply to raise taxes and oppose bringing new businesses to Michigan.  Just because Gary Peters likes to pretend he is a champion of job creation and fiscal responsibility on TV doesn’t make it so.  Recall, he’s a Jennifer Granholm crony and ally.

Congressman Joe Knollenberg has been somebody who’s delivered for Oakland County!

IN TIMES OF CRISIS…TRUST CAPITALISM…a great analysis and commentary of the current situation.

KARL ROVE…WHY BAILOUT FAILED…here is a very interesting and insightful analysis of why the Democrats allowed the bailout vote to fail!  A set up?

WALBERG FUNDRAISER WITH ROMNEY…Governor Mitt Romney will be in Dimondale, MI for a Walberg for Congress fundraiser on Wednesday, October 8th.  The event will be held at the Capitol Harley-Davidson Dealership, 9550 Woodlane Dr, Dimondale, MI from 12noon-1:30.  Contact Sandy Baxter at 248-514-6884 or E-mail her at [email protected].

SMALL BUSINESS OWNERS…small business owners and employees are the neglected constituency in this year’s election. There are millions of them. Small businesses employ 50% of American workers and create 70% of new jobs. Small business is angry at Washington. But small business is even angrier at the prospect of ruinous Obama-Pelosi-Reid taxes and regulations.  Reach out…we need their votes.

DEMOCRATS IN THEIR OWN WORDS…so what did the Democrats and Republicans in Congress say about Freddie Mac and Fannie Mae…and those trying to regulate the safety and soundness of these "mortgages"…ummm, who knew what…when?  This is a video EVERY taxpayer should watch…let’s see how the media covers this.

9,000,000+ VIEW THIS YOUTUBE…see why over 9,000,000 Americans have viewed this YouTube message from a veteran…powerful ending.

VOTE BITTER…here is a fun website that came to me via "twitter"…a great message with a very cool t-shirt to boot.

ROCKY RACZKOWSKI…our former U.S. Senate Candidate Andrew "Rocky" Raczkowski has been once again called up for active duty. Some of Rocky’s friends and family have decided to hold a going away "Roast" for Rocky the day before he leaves. The proceeds of the event will go to the 414th Family Readiness Fund (supporting the family members of his unit) and ALS of Michigan. The event starts at 7pm on October 10th, 2008 at the Polish American Cultural Center in Troy.  Click here to purchase tickets online.

VOLUNTEERS NEEDED…we are opening up new Victory Centers daily and need more and more volunteers to make phone calls, knock on doors and put up lawn signs.  The response has been overwhelming, but Michigan will be the key battleground state and we need EVERY person willing to help in anyway they can.  Thanks again for all you do!  For more info click here.

 

 

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TODAY’S TOP STORIES

The following stories and more are available at my Articles of Interest online.

 

 

Mich. gets $261M to fight blight

Federal HUD funds to help communities buy land, demolish abandoned property, assist homebuyers.

Jennifer Chambers and Shawn D. Lewis / The Detroit News

Michigan communities socked by climbing rates of home foreclosure will receive $261 million in emergency assistance to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight.

The U.S. Department of Housing and Urban Development announced a total of $3.92 billion to all states and particularly to areas hit hard by high foreclosure rates.

Wayne, Oakland and Macomb counties received a total of $52.9 million. Detroit will receive its own allotment of $47.1 million as part of HUD’s Neighborhood Stabilization Program. The money can be used to acquire land and property; demolish or rehabilitate abandoned properties; or offer down payment and closing cost assistance to low- to moderate-income home buyers.

 

Swing voters key in Michigan

Louis Aguilar / The Detroit News

For the 2008 presidential election, the disaffected Michigan worker is a crucial swing vote in this crucial swing state.

Despite recent Michigan polls showing Democratic presidential nominee Barack Obama in the lead, pollsters say Republicans could win the Great Lakes State for the first time since 1988, when a majority of Michigan voters chose the first George Bush. A key reason is the divided loyalties among workers hit hard by Michigan’s one-state recession.

One of the still undecided is Frank Herdrick, a 55-year-old laid-off toolmaker from Warren and once a dyed-in-the-wool Democrat. But back in the 1980s, he twice voted for Ronald Reagan, wooed by the Republican’s charisma, he said.

 

Levin, Hoogendyk to have U.S. Senate debate

Posted by The Associated Press September 30, 2008 18:33PM

There will be at least one debate between the two major party candidates for Michigan’s U.S. Senate seat.

Incumbent Democrat Carl Levin and Republican challenger Jack Hoogendyk are scheduled for an Oct. 20th debate hosted by the Detroit Economic Club.

The campaigns confirmed the debate Tuesday.

It’s possible another debate will be scheduled before the November election.

 

Obama shores up Michigan support

Fares better in financial crisis

Andrea Billups (Contact)
Wednesday, October 1, 2008

LANSING, Mich. | Democratic presidential candidate Barack Obama is pulling away from his Republican opponent John McCain in Michigan, riding discontent of the nation´s economic crisis while making significant inroads among white men and union members.

Inside Michigan Politics publisher Bill Ballenger said he sees a McCain slide emerging.

"All along, McCain has been swimming upstream, and now he´s in just a terrible position," Mr. Ballenger said.

How McCain Can Mount a Comeback

September 30, 2008 10:56 AM ET

OK, here is a bit of what I think, and a bit of what I know, about the state of the economy as it affects the presidential race:

1) The John McCain campaign has suffered two terrible body blows in the past few weeks. First came the dramatic escalation in the credit crisis. Lehman bankrupt, Merrill Lynch merged, and AIG nationalized. The Paulson plan only served to put a period on the end of this sentence: The economy is totally messed up, and Republicans are to blame. Second was McCain’s strangely detached performance in the first 15 minutes, the segment on the economy, of last Friday’s presidential debate.

Debate offers Palin, Biden high risks, big rewards

by Beth Fouhy | The Associated Press
Tuesday September 30, 2008, 6:50 PM

NEW YORK – For an audition to be second fiddle, Thursday’s debate between often ill-informed newcomer Sarah Palin and often gaffe-prone veteran Joe Biden offers unusually large pitfalls — and promise.

For once, the whole world may be watching. Already, 3,100 media credentials have been issued, the most the Commission on Presidential Debates ever needed in seven vice presidential debates it’s hosted.

The attention is driven by the public’s fascination with Palin, the first-term Alaska governor that Republican presidential candidate John McCain plucked from relative political obscurity to be his running mate.

Palin Underestimated?

INVESTOR’S BUSINESS DAILY
Posted 9/30/2008

We won’t make predictions about how Palin will do in Thursday’s debate against Sen. Joe Biden. It may be that she’s been sequestered too much by the McCain campaign, detracting from the spontaneity that so delights voters.

But there’s also history, and Palin’s has long been underestimated to the consternation of critics. Now it’s happening again because too little weight is being given to her substantial record as governor.

With Palin out of sight, pundits left and right are filling the void with their own doubts about her. Not surprisingly, they’re the same voices who groaned loudest when Palin was first announced as McCain’s running mate in August. They’re repeating their claims enough to make them conventional wisdom. And it coincides with a worrying slide in the polls for McCain.

 

Past Debates Show a Confident Palin, at Times Fluent but Often Vague

By KATHARINE Q. SEELYE
Published: September 30, 2008

Not since Dan Quayle took the stage in 1988 have debate expectations for a major party candidate been as low as they will be on Thursday for Gov. Sarah Palin of Alaska.

A newcomer to the national scene, Ms. Palin has given little indication that she has been engaged in a serious way in the pressing national and international issues of the day.

But a review of a handful of her debate performances in the race for governor in 2006 shows a somewhat different persona from the one that has emerged since Senator John McCain, Republican of Arizona, named Ms. Palin as the vice-presidential nominee a month ago.

Why the Bailout is Bad for America

By Daniel Mitchell

The proposed bailout of the financial system is a misguided scheme that will hurt the U.S. economy in the short run and long run. The economy currently is stumbling as a consequence of a government-created housing bubble, but a bailout of companies, executives, and shareholders that made unwise decisions would, at best, extend the economy’s adjustment process. More likely, the bailout would impose considerable additional economic damage because political factors would at least partially supplant market forces in determining the allocation of resources.

Some politicians and government officials are making reckless charges of greater financial turmoil in the absence of a bailout. These grossly irresponsible statements may cause short-term market losses as investors try to second-guess how other investors will respond, but the assertion that the stock market’s health – especially in the long run – depends on bigger government is belied by real-world evidence. Japanese politicians made many of the same mistakes in the 1990s that American politicians today are considering, and the Nikkei suffered a lengthy period of decline – and remains today far below its peak level.

Unlike Clinton, Biden Gets Pass for Saying He Was ‘Shot At’ in Iraq

By Bill Sammon
FOXNews.com
Tuesday, September 30, 2008

When Hillary Clinton told a tall tale about "landing under sniper fire" in Bosnia, she was accused of "inflating her war experience" by rival Democrat Barack Obama’s campaign.

But the campaign has been silent about Obama’s running mate, Joe Biden, telling his own questionable story about being "shot at" in Iraq.

"Let’s start telling the truth," Biden said during a presidential primary debate sponsored by YouTube last year. "Number one, you take all the troops out – you better have helicopters ready to take those 3,000 civilians inside the Green Zone, where I have been seven times and shot at. You better make sure you have protection for them, or let them die."