Conservatism

Banks Are Too Big to Fail Say ... Conservatives?

AP Photo/Jae C. Hong
AP Photo/Jae C. Hong M embers of the Federal Reserve don’t usually make the rounds at partisan gatherings. But amid the tri-cornered hats and “#StandWithRand” buttons of last week’s Conservative Political Action Conference (CPAC)—the largest annual gathering of conservatives in the country—was Richard Fisher, president of the Dallas Federal Reserve Bank. In a Saturday morning speech , Fisher quoted Revolutionary War hero Patrick Henry, who once said that while “Different men often see the same subject in different lights,” such quibbling had to be set aside in a time of “awful moment to this country.” Fisher described the current time as an era of economic injustice in which the nation’s largest banks threaten our financial stability and act with immunity. He said that the Dodd-Frank financial reform law did not go nearly far enough to fix the problem, and that mega-banks still profited from being “Too Big to Fail.” His solutions included a proposal to limit the total assets held by...

Stuck With Each Other

AP photo/David Goldman
Imagine you're a religious right activist, used to being a serious player within the Republican party, the kind of person candidates court and party chieftains huddle with. You've done well at making sure that just about every politician in your party has the right position on your issues. You may not always get everything you want as quickly as you want, but you know that you don't have to waste energy fighting rear-guard actions within the GOP. But then bad things start to happen. We spend a couple of years talking about nothing but the economy and budgets, ignoring your favorite issues, and some in the party suggest that the real culture war isn't your culture war, it's an economic one. A couple of your favorite candidates get a little too candid with their views on rape, and end up losing at the polls, leading some influential strategists to suggest that the party needs to shift its focus away from your issues. Then one of your party's senators comes out in support of same-sex...

The Political Is Personal

AP Photo/Mike Munden
On Friday, Senator Rob Portman of Ohio became the first Republican in the Senate to support same-sex marriage, explaining in a Columbus Dispatch op-ed that his change of heart came after his son told him he's gay. It was easy to be underwhelmed by Portman's announcement; as Michael Tomasky asked , "what if his son weren't gay? Were that the case, we have no reason whatsoever to believe Portman would have taken this step." That's true, and we might also ask what took him so long; after all, Portman wrote that his son came out to him two years ago, and that seems like a rather extended period of introspection. Portman may not be a civil-rights hero, but if nothing else his announcement is likely to force people to confront the ways public policy is or isn't shaped by legislators' own experiences. And now, many of them will be asked what they would do in Portman's shoes. That was what Speaker of the House John Boehner was asked on Sunday's This Week , and he answered, "I believe that...

The Boehner Rule

flickr/Talk Radio News Service
flickr/Talk Radio News Service A fter months of Republican resistance, the House of Representative finally renewed the Violence Against Women Act (VAWA) late last month. What many casual political observers may not know is that there were always enough votes in the House for the bill to pass, but it couldn’t get a vote because of something called the “Hastert Rule”—an informal practice in the House by which only legislation supported by a majority of the majority party (in this case, Republicans) is allowed to come to a vote. How Speaker John Boehner got VAWA passed tells us a lot about what the next two years is going to be like in Washington. The Hastert Rule was coined during the speakership of Republican Denny Hastert, who said he would bring nothing to the floor of the House of Representatives unless a majority of the Republican conference supported it. As University of Miami political scientist Greg Koger explains, the logic behind such a rule is basically one of "an...

The Dubya Albatross

When he was performing his Full Jeb of Sunday show interviews over the weekend, Jeb Bush got asked everywhere whether he's running for president, and each time he gave the same practiced answer (not thinking about it yet). He also got asked whether his brother's disastrous presidency, and the fact that Dubya left office with abysmal approval ratings ( Gallup had him in the 20s for much of 2008) would be a drag on him. Jeb gave the answer you'd expect: history will be kind to my brother, I'm very proud of him, and so on. Of course it's true that Jeb, what with his last name and all, would have to "grapple" with his brother's legacy more than other candidates. But when we think about it in those terms, I think we overlook something important about how the Bush legacy will continue to operate on Republicans, not just Jeb but all of them. I thought of this when reading Peter Beinart's take on Jeb, wherein he says something I think misses the mark: That's why Jeb Bush will never seriously...

Fake Prostitutes, Fake Terrorists, and the Trouble with Conservative Media

Remember this guy?
Just before the 2012 election, the Daily Caller , a website run by Tucker Carlson, produced a blockbuster report claiming that New Jersey senator Robert Menendez had frequented underage prostitutes in the Dominican Republic, and they had the prostitutes' testimony to prove it. Bizarrely, mainstream media did not pick up the story, Menendez was re-elected, and to almost no one's surprise, the whole thing now appears to have been a slander cooked up by Republican operatives. How did such a thing happen? The answer is, it's ACORN's fault. Hold on while I explain. It turns out that Republican operatives pitched the Menendez story to ABC News at the same time as the Daily Caller , but after looking into it ABC decided it was probably bogus, as they explain here . It was pretty obvious the women were being coached, and their stories just strained credulity: Her account of sex with Menendez in the video interview was almost word-for-word the account given by two other women who were produced...

Show Me the Policy!

Flickr/Talk Radio News Service
Republicans have been scrambling since the election to figure out what they need to improve their standing with the public and appeal to the electorate of the future. Despite trumpeting Marco Rubio and his immigration platform in a shallow attempt to appeal to Hispanic voters, things have only gotten more dire since November. In part because of the sequester fight, the GOP’s approval ratings have plummeted . According to a recent Quinnipiac poll, even a majority of registered Republicans disapprove of their congressional counterparts and Republican House Speaker John Boehner’s disapproval rating sits at a record high. I think the problem is pretty straightforward: The GOP has become a party that’s almost allergic to holding specific, real, policy positions; instead, it’s substituted a blanket knee-jerk opposition to anything Barack Obama does, along with a series of symbolic “issues,” such as American exceptionalism or a rhetorical commitment to a balanced budget (without, for most of...

The Lone Star State Left Out To Dry

Flickr/Jmtimages
When the sequester deadline came and went last Friday, it was hardly a surprise. In Congress, Republicans had repeatedly made clear they would be willing to let enormous cuts to discretionary spending take effect rather than compromise with the White House on raising revenue. But cutting off their nose to spite their face hasn’t quite worked. As it turns out, the GOP may be defacing its figurehead: the State of Texas. The economic impact of the sequester on Texas will be enormous. As a Pew Charitable Trusts study shows, Texas receives 8 percent of its state revenue through federal grants, well above the national average of 6.6 percent. Only South Dakota, Illinois, and Georgia receive a higher proportion. One study from George Mason University showed that Texas is among the top three states that will lose out most as a result of the sequester, both in terms of jobs and GDP. The cuts could cost Texas $16 billion in gross state product—1.23 percent of the state’s GDP—and as many as 159,...

Yet Another Thing Guns Can't Solve

Flickr/ Texas Lightbox
The GOP is worried about women’s safety on campus. Or at least that’s what they’d have you believe of late, howling in protest at Colorado state Democratic representative Joe Salazar’s clumsy remarks about callboxes , and calling out the University of Colorado for teaching young women to vomit, pee, or tell an assailant they have their period in order to avoid rape . And they’re right: Neither call boxes nor vomit are particular effective rape-prevention strategies. Most rapists choose a victim they know, and get them alone in private before they attack—even a pathway fully lined with call boxes won’t prevent much rape, because most of them happen in rooms. And I’m not sure what vomit is supposed to accomplish; rape isn’t inspired by sexual desire, so attempting to douse it is a misdirected strategy. Rapists choose targets they think seem vulnerable, not hot. But there’s a bigger problem with Repubicans’ newfound passion for rape prevention. Their antidote to callboxes and puke is...

How Much of a Market Is There on the Right for Real Reporting?

Flickr/Gage Skidmore
Four years ago, Tucker Carlson went before the audience at the Conservative Political Action Conference, and told them that instead of creating more media forums to talk to each other about what a bunch of jerks liberals are, they ought to nurture outlets that actually report news, with a commitment to accuracy. For his trouble he was booed vigorously, and I guess he learned his lesson about what conservatives are interested in, because instead of creating a newsgathering organization he created the Daily Caller. I'm sure it's doing quite well with it's target audience, and I couldn't help but think about Carlson upon seeing that Erick Erickson, proprietor of RedState.com and CNN talking mouth, issued a plea to conservatives to come work for him and actually do journalism. First though, he identified the problem: I think conservative media is failing to advance ideas and stories. Certainly part of that is because the general media has an ideological bias against conservatives, which...

The Five Most Terrifying Things about the Sequester

AP Photo/J. Scott Applewhite
The latest fiscal showdown concerns the “sequester”—across the board cuts to (almost entirely) discretionary spending that will total just over $1 trillion in the next decade, and which are set to take effect on March 1. What should those who have better things to do with their life than follow fiscal policy debates know about the sequester? 1. The sequester will hurt job-growth As we pointed out during the debates raging in the run-up to the “fiscal cliff," the sequester was the second-most damaging component of the austerity bundle set to take effect on January 1, 2013. The worst component was the non-renewal of the payroll tax cut, which is already dragging substantially on the economy . All told, if the sequester kicks in the economy will likely end the year with roughly 500-600,000 fewer jobs than if it were repealed. These are jobs the economy desperately needs . To be clear, the sequester alone won’t drive the U.S. economy back into outright recession, but it surely will make...

Karl Rove Is Going to Haunt American Politics Forever

Ah, the good old days.
Karl Rove is, it's fair to say, the most famous political consultant of the modern age. There are a few others who achieved notoriety, like Lee Atwater, but none has had quite Rove's profile. He's admired and reviled, has had biographies written about him, and has been satirically immortalized by Stephen Colbert as a canned ham with glasses (" Ham Rove "). This came about partly because he was extremely successful at his craft, and because his success came out of some of the most ruthless and immoral tactics you could imagine, the kind of stuff you ordinarily only see in movies about politics but not in actual politics ( see here for some details). But more than anything else, it was because the politician he drove to the White House was assumed by so many to be a dolt, and therefore the idea of Rove as the evil genius puppetmaster pulling all the strings made sense. After reaching the pinnacle of his profession, most people in Rove's position would have left the actual work of...

Ted Cruz Is the Next Jim DeMint, Not the Next Barack Obama

Flickr/Gage Skidmore
As the old saying goes, you never get a second chance to make a first impression. That isn't to say that first impressions are necessarily immutable destiny in politics, since there are those who have bombed in their national debut and turned things around, and others who looked terrific at first but turned out to be something less. Bill Clinton gave a famously terrible speech at the 1988 Democratic convention, and Sarah Palin was dynamite in her speech at the GOP's 2008 gathering. Nevertheless, there are some things you just can't overcome, particularly if what caused them wasn't a bad night's sleep but the very core of your being. A year or two ago, if you asked Republicans to list their next generation of stars Ted Cruz's name would inevitably have come up. Young (he's only 42), Latino (his father emigrated from Cuba), smart (Princeton, Harvard Law) and articulate (he was a champion debater), he looked like someone with an unlimited future. But then he got to Washington and started...

Why Republicans Should Want to Index the Minimum Wage

Flickr/FiddleFlix
If Republicans have any political sense at all, they’ll support not just raising the minimum wage, but indexing it. The economic case for raising the wage, at a time when economic inequality is rampant, working-class incomes are declining, and Wal-Mart sales are falling through the floor, is overwhelming. But while Republicans may blow off the economic consequences of not raising the federal standard, they can’t be so cavalier in dismissing the political consequences. The constituency that today’s GOP most desperately seeks to win, or at least neutralize, is Latinos—the ethnic group most clustered in low-wage jobs, and most certain to benefit from a minimum wage hike. In swing districts with substantial Latino populations, Democrats are certain to highlight Republican opposition to raising the wage in the 2014 elections. Nor is support for a higher wage limited to Latinos. On each occasion in the past decade that a state minimum wage increase has been put before voters as a referendum...

Limbaugh Doubles Down

AP Photo/Photo Courtesy of Rush Limbaugh
AP Photo/Photo Courtesy of Rush Limbaugh L istening to the crude, discursive monologues on Rush Limbaugh’s daily three-hour radio program, which I have had occasion to do for a living, is a test of endurance for a person with minimum standards of decency. It’s a bit like being blown out of an airlock into the vacuum of space without a spacesuit. You can hold out for only so long before your lungs rupture and air bubbles perforate your brain. You lose consciousness just as your saliva starts to boil. This is by design. Since Limbaugh’s program began airing nationally 24 years ago, the goal of every episode has been to create an environment in which liberalism can’t but die. The show and its host came along at a time when the Willie Horton-ized politics favored bomb-throwing. The medium of political talk radio was just beginning its ascendance from regional media backwater to primary driver of national Republican politics. But here we are today, newly embarked upon the second half of...

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