Tuesday, July 11, 2006

July Catch-up

Just back from vacation, so some posting to catch up on a few things from the past week.

Spent four days in Kentucky with my wife's entire family. A German family reunion with no beer. Who does that?

Anyway, within the past week Connecticut Democractic Senator Joe Lieberman kicked the butt of challenger Ned Lamont in their first pre-primary debate.

"Kicked butt" in a relative sense that is -- this WAS a couple Democrats, after all. My guess is it was probably a little closer to a Laverne-and-Shirley-style slapfight. But lets say in this case Joe was Laverne and he got a couple good punches in.

Lamont is running on the "runaway and hide" platform -- hardly what I'd call a recipe for success. I give Lieberman credit for standing up for his support of the war in Iraq, as opposed to most other Democrats who voted for it, but now are against it, except when they're for it, when they're not against it.

In any event, even the NY Times indicated that Lieberman made Lamont look like a confused, conflicted dilletante, which he is.

The Times also reported that the deficit is actually shrinking, thanks to increased tax revenues derived from corporate earnings and swelling executive bonuses.

In other words -- and this has just gotta KILL the Times and the Democrats -- the Bush tax cuts are working. The economy and the job market continue to grow, albeit modestly but enough to have the Fed concerned about inflation.

In Mexico, it looks like conservative candidate Felipe Calderon holds onto his slim lead for the presidential election. Leftist Andreas Manuel Lopex Obrador continues to contest the results, but it doesn't seem likely that he'll overturn them.

Close election? Contested outcome? Whee, this IS democracy. Don't forget that it was only six years ago that Mexico progressed from being a one-party state.

The trick for Calderon will be to continue expanding Mexico's economy while extending its benefits to more Mexicans. Despite consistent growth over the past six years, about half of Mexico's population lives below the poverty line. If he fails, we can expect another Hugo Chavez lookalike like Obrador, or worse, in the next election.

And finally, Italy beat France in the soccer World Cup. Go Italy! Or more loosely, anybody but France!

2 comments:

jonathan said...

spellcheck : dilettante

JBlog said...

Sorry. I'm working off a loaner laptop (mine stiffed this week) and I don't have Merriam on the toobar.

My own fault for trying to use a fancy Italian word.