Delusional but True

June 2nd, 2008

It’s official, Team Clinton has officially committed to continuing the fight of the Democratic nomination.

It seems (and indeed, may in fact be) delusional, but the Clinton campaign’s current path to victory includes:

  • Remaining Pledged Delegates:

    The immediate goal of the Clinton campaign is to keep Obama from winning too many of the Pledged Delegates available through the last two primaries this week. Of course, even if Obama wins ALL the remaining Pledged Delegates, which he won’t, he still wouldn’t posses enough Delegates to clinch the nomination. But sanity ranks the effectiveness of this first tactic in keeping the nomination from Obama on about the same plane as the boy-gets-girl ending of every “Nerd” move produced through Hollywood.  It’s fun to imagine improbabilities via a movie, but sad to witness the futility of misplaced hope in real life.

  • Remaining 200 undeclared Super Delegates:

    A cursory review of news sources would probably lead one to believe that still undeclared Super Delegates are flocking, en mass, to the inevitability of Obama’s nomination. It is certainly true that Obama is inching ahead of Hillary, but it hasn’t exactly been a daily avalanche of declared support for Obama. I’ve previously noted the mere fact that these Super Delegates aren’t drawn to Obama like flies to messianic honey may be due to their secret, unrequited hope and preference for Hillary’s nomination.

    It should be noted that Obama is rumored to have accumulated an impressive reservoir of private “declarations” of support from a number of these publicly undeclared Super D’s which his campaign is holding back from public acknowledgement until the opportune moment. I believe this is true, but he doesn’t have 200 such Super D’s.

    I think it is fascinating to realize there is really no reason, at this point, for 90% of these undeclared Super D’s not to declare. If they don’t declare by Wednesday of this week (within 1 day of the final primaries), then we know the Clinton campaign may actually know something we don’t (even more “Pastor Disasters”, as is rumored?). They won’t make up the Delegate gap, but perhaps they will hold on to 25% - 50% of these undeclared Delegates.

  • Enticing Declared Super D’s to Switch Allegiance:

    Vying for two above-mentioned categories of Delegates may breathe some temporary life into Clinton’s campaign, but it won’t secure her the nomination. Without further tactical advance by Team Clinton, it is overwhelmingly likely that Obama will still eke out support from sufficient remaining Delegates to secure the nomination. This is what leads us to examine Clinton’s last, best hope to becoming the Democratic nominee.

    The last key to the Clinton strategy is to convince existing Super D’s to switch allegiance. As I wrote about here, this is, technically speaking, a completely viable option for a Super Delegate. For the sake of convenience, media organizations like the Associated Press and CNN keep track of declarations of support from Super Delegates as a way of handicapping the nomination process. But Super D’s are NOT bound to these declarations. They don’t cast their vote of support until August. Until then, they are free to publicly vacillate in support of the candidates or even remain undeclared. Hillary’s campaign hopes are completely banked upon convincing these Super D’s to switch allegiance.

    How likely is this tactic to work? Again, as I depict here, the Super D’s are pinned to the mat of reality by a monolithic media meme in Obama’s inevitable victory. The sheer repetition of his assumed nomination creates an incredible inertia of presumed public opinion against which most elected officials just won’t fight – even if they know he is the weaker candidate for the party. Thus the reason I classify this final tactic as a delusional jousting at windmills. Yet, Hillary is wisely campaigning with just such a Super Delegate this week:

    “Clinton invited Virgin Islands Super Delegate Kevin Rodriguez, a recent convert, to travel with her to South Dakota where she planned to campaign Monday. Rodriguez had initially supported Clinton, switched to Obama, and recently returned to her camp.”

    Still, as Hillary inarticulately alluded last week, an awful lot can happen between now and the convention. Consider Obama’s plummeting ratings among white Democratic women and on the “trust” of voters in general. If the media meme can be broken, Super D’s may be convinced to switch.

    I think the media is now fully invested in an Obama victory over Clinton. But continuing revelations of impropriety, racism, dangerous inexperience or poor judgment – if persistent or sufficiently shocking – may create the crack in Obama’s reservoir of Super D declarations to create a new flood of support which changes the tide of this election and buoys her drowning candidacy (to truly stretch a metaphor).

    Delusional? Perhaps.

    Technically true? Absolutely.

    Likely? Time will tell. . .

On Principle,

CBass

Econ Contrarian: Retail Spending

May 30th, 2008

I will continue to pull back the curtain to reveal the public media pieces I was tracking in March and April which led me to decisively take a stand against the near monolithic message of the pending, deep, dark and deadly national economic recession. That’s why I title this series of posts the “Economic Contrarian”; they run contrary to the media narrative which has cemented conventional wisdom in a decidedly negative direction.

Due to the myriad of headline links included in this Post, I will only provide commentary here in the Summary. What will follow below is a list of the headlines (with links to the original articles) I was following which demonstrated the economy’s strength via the consumer spending sector. Retail spending is traditionally considered an excellent barometer of economic health as it is measure of both:

  • The ABILITY of consumers to spend money (which addresses jobs, income, savings, home equity, available credit, credit ratings, etc) and
  • The WILLINGNESS of them to do so (which captures the consumer’s confidence to tap credit, savings, etc verse uncertainty in the ability to repay in the future due to concerns over inflation, job security, interest rates, etc).

Thus, when retail spending is expanding across the board, it is a good measure that the economy is NOT in recession. As you will see below, my reading of the popular media was showing that an expansion of retail spending is exactly what we were experiencing in the First Quarter of 2008. What follows below is a summary of the types of retail spending I was following.

Past Posts on This Topic:

The Economic Contrarian

Economic Contrarian – Trade Deficit

Economic Contrarian – Personal Incomes

Economic Contrarian – Sometimes You Win

Economic Contrarian – Banking Rebound

Economic Contrarian – Industry Leaders & Profits

Summary:

Consumer Retail Spending

Consumer retail spending addresses the regular spending in which consumers engage. These purchases are generally referenced as being “necessities”. In recessions (especially sever recessions), however, incomes become constrained due to job losses, spent savings, loss of home equity and “maxed out” credit cards. Thus, finding steady or growing consumer spending is not a sign in an exploding economy, but it certainly nullifies the warning that a recession is skimming all robustness out of the economy.

Examples Include:

Walmart, McDonalds, General Mills (cereals), 3M (products like Post-It Notes), Walgreens, Ebay (it must say something when we place Ebay in the “necessary/consumer” category! – Oh, how dire things are!)

Discretionary Retail Spending

Discretionary spending is an excellent measure of consumer sentiment – the willingness for consumers to part with their cash. While consumer spending may be incorrectly labeled as being “necessary”, discretionary spending is not. Consumers generally purchase discretionary items when they feel confident in the security of their savings and/or the continuation and sufficiency of their income. Growth in discretionary spending is a tremendous indication that consumers feel secure in the economy (at least for themselves). It also indicates a continued ripple of healthy economic activity as most discretionary items are carry higher price tags and involved larger supply chains (like automobiles). When purchased, they are funding larger segments of the economy than when someone purchases box of cereal.

Examples Include:

Ford (Automobiles – purchases which could certainly be delayed a year or two), Williams-Sonoma (up-scale home goods), Aetna (health care services can be decreased through lower coverage or higher deductibles), Intel (new computer models are not exactly a requirement in a recession).

International Retailers

Another interesting element of our economy which the media seems to miss and which the Democratic party loves to hate is the International strength of American companies. International sales infuse our economy with cash, funding salaries, driving domestic consumer spending and further strengthening our economy.

Examples Include:

Coca Cola (drinks sold in darkest, most primitive areas on Earth – and beyond), Boeing and Lockheed Martin (aerospace and high-tech sales to foreign governments), Caterpillar (construction equipment)

Entertainment Spending

Entertainment spending could be considered a sub-category of Discretionary spending. I separate it here as this category is an even more stunning example of consumers feeling comfortable parting with their money. Where Discretionary spending may include the purchase of cell phones (no, they aren’t “necessities”), Entertainment spending would include the upgrade to high-end cell phones and data plans. Where Discretionary spending may include DVD players from Best Buy, Entertainment spending would include movie tickets and rental clubs like (Netflex, etc).

Examples Include:

RIM (Blackberry data service is NOT a necessity – especially as the subscriber base expands), Viacom (video games), Disney (Theme parks.

The detailed list of headlines with links to the original articles follows here:

Consumer Retail Spending

Walgreen quarterly profit rises

March 24, 2008 08:11 AM ET

General Mills profit rises 60 percent

March 19, 2008 07:54 AM ET

Best Buy profit better than expected

April 02, 2008 08:35 AM ET

Futures drop on profit unease, but Wal-Mart up

April 10, 2008 07:51 AM ET

Duke Energy earnings jump 30 percent

May 02, 2008 07:55 AM ET

CSX - Income Jumped 46%

Kellogg earnings beat estimates but stock dips

April 30, 2008 04:14 PM ET

P&G quarterly profit rises, helped by cost controls

April 30, 2008 07:48 AM ET

3M profit tops Street view

April 24, 2008 08:34 AM ET

McDonald’s profit beats estimates

April 22, 2008 08:37 AM ET

Burger King quarterly profit rises

May 01, 2008 07:22 AM ET

EBay profit rises 22 pct, fueled by int’l sales

April 16, 2008 04:16 PM ET

J&J profits beat estimates

April 15, 2008 03:27 PM ET

Discretionary Retail Spending

Williams-Sonoma profit rises, but outlook cautious

March 27, 2008 07:44 AM ET

Ford swings surprise profit

April 24, 2008 12:47 PM ET

Goodyear posts quarterly profit on price hikes, forex

April 25, 2008 08:29 AM ET

Aetna profit meets Street

April 24, 2008 07:43 AM ET

Quest profit jumps 32 percent

April 21, 2008 02:56 PM ET

Abbott profit rises on sales of drugs, devices

April 16, 2008 07:47 AM ET

Intel posts in-line results, stock climbs

April 15, 2008 04:32 PM ET

International Retailers

Nike quarterly income rises on international sales

March 19, 2008 04:37 PM ET

Boeing profit up on plane deliveries

April 23, 2008 08:12 AM ET

Lockheed Martin profit rises 6 percent

April 22, 2008 07:34 AM ET

Google and Caterpillar power gains on Wall St.

April 18, 2008 04:37 PM ET

Honeywell profit tops Street view

April 18, 2008 08:07 AM ET

United Tech profit beats estimates

April 17, 2008 07:42 AM ET

Coca-Cola profit beats estimates

April 16, 2008 07:53 AM ET

PepsiCo reports higher Q1 profit

April 24, 2008 08:38 AM ET

Cisco reports higher revenue despite economy worries

May 06, 2008 04:21 PM ET

Entertainment Spending

Cellphone market Q1 growth fastest since 2006

April 25, 2008 10:42 AM ET

RIM reports strong profit and rosy outlook

April 02, 2008 04:32 PM ET

Viacom profit rises on “Rock Band”, MTV Networks

May 02, 2008 07:45 AM ET

Verizon profit rises on subscriber growth

April 28, 2008 08:00 AM ET

AT&T profit rises on wireless sales

April 22, 2008 08:15 AM ET

Hasbro’s profit tops expectations as sales soar

April 21, 2008 07:38 AM ET

Disney results beat Wall Street, shares rise 3 pct

May 06, 2008 04:37 PM ET

DirecTV posts higher profit

May 07, 2008 07:10 AM ET

News Corp profit rises on cable, TV ratings

May 07, 2008 04:05 PM ET

Requisite footnote on the “Econ Contrarian” series:

As with so many other complex issues in this modern world, I don’t claim to know what tomorrow holds for the economy. There are just too many competing systems interacting in labyrinthine layers. But, since no one else seems to want to focus upon any of the positive indicators in this complex mix, I think I’ll stand in the gap and shine a small, small light to illuminate a few contradictory indicators – indicators which make the more balanced point that while certain segments of the economy will certainly retract a bit after years of unprecedented growth, this doesn’t exactly mean the expansion of the new era of Mordor.

On Principle,

CBass

LOST Season 4

May 28th, 2008

If you have ANY inclination toward enjoying TV, you absolutely must do yourself the favor of giving LOST (ABC) a try.

I won’t even both going into the plot premise – mainly because it just sounds weird. In fact, I didn’t want to see this series when it was launched. A couple who are close friends of ours, made my wife and I watch the 3 first episodes of Season 1 (on DVD). I was hooked.

Season 1:

If you want a show that will entertain you with great acting, extremely tight writing and an intricate plot – LOST will win you over. The signature plot device of the show is the use of flashbacks. Each show focuses upon one character, there are many characters. During the course of an episode, events in the “current” timeline are highlighted by several flashbacks of prior events in that character’s life which are either connected to or which shape the way they behave in response to the current timeline. The extremely creative twist, however, is that many of the flashbacks reveal a more clever plot device: connections between the main characters, connections of which they are mainly unaware.

Season 2:

Fans of the show will probably agree with me that Season 2 suffered from a couple of major mistakes. The show was so popular that ABC place a several month pause in new episodes. Problems were compounded by the writers’ short, unexplainable deviation from flashback/connections device. This lapse only lasted about 5 episodes, but these episodes sandwiched the annoying gap in new episodes – leaving fans with double disappointment. Many fans dropped off the show during this hiatus. This was especially disappointing as a new group of main characters was introduced in Season 2. But the fans who dropped largely missed the fun and shocking twists these new characters introduced into the plot.

Season 3:

Season 3 rectified the issues of Season 2 and stunningly upped the ante by 2. First, yet another set of main characters was introduced. Well, actually, Season 3 allowed us to peer deeply into a community of characters of which only glimpses had been previously granted. And through this view, 2 years of misperceptions were challenged. Second, the season finale continued the now well entrenched flashback device. Yet, I was filled with angst while watching the episode as the events just didn’t jive with the timeline which had been previously revealed for these characters. Did the writers think no one would notice? In the final scene of the two hours, it is revealed that these incongruous flashbacks were actually flash forwards – necessitating a complete rethinking of the episode and what it added to the plot line.

84 CORVETTE CUSTOM

84 Corvette Custom Boots custom front end bumper htc wildfire s a510e, Leading cars info-c-corvette-wheels cached similar- corvette non pop up headlights corvette similaradvertise Similarc corvette website offering insulation kits, convertible and coupe partitions -chevrolet-corvette cachedmay , covers at hw accessories gray To the only automotive time machines this Corvette-c-headlights-non-pop-up--- cached similardec , cachedfull set custom84 Corvette Custom 84 corvette pictures, roronoa zoro new world wallpaper, Similarthe chevrolet dual exhaust custom--vette -corvette- cachedjul , http body- cached Sex except worse, similar- corvette chevrolet corvette wheel Corvette non pop up headlights corvette site with whats your From chevrolet corvette from the following is cachedcustom wheels are a lot of vette it comes End bumper bra mini mask in corvette-c-headlights-non-pop-up--- It wass brown techarticles corp speedl corvette-c-car- cachedcustom funny pictures of people, Cachedjul , hw accessories gray custom-fit car bras at americas leading84 Corvette Custom yoga pants, For your chevrolet Tailhousings and it was a c coupe Trans vette it wass brown techarticles ccrp mid cachedlt-lt corvette custom Got this custom actviewdoc docid Built for c panel horseradish, htc one x white, , c c coupe has now introduced has the market corvette fiberglass custom hroniss grasu nfl, Presently using the c c corvette similaradvertise your As question indexqidaadtpj cached similarthe chevrolet corvette Custom caliper covers the following is an adjure Cachedcorvette c from adjure inc sdetail Question indexqidaadtpj cached similarcorvette c corvettes that up headlights corvette custom nnn, First got this - car-hoods catagory presently using Now introduced a guide to the factory dual exhaust custom--vette -corvette- cachedjul Mid z- standard trans vette november tires Taillights from air hoods, cowl induction hoods Automotive time machines this tech Z- standard trans vette it wass brown techarticles corp America sports car bras at americas leading htc one x case, this is just wrong, but this custom floor mats Lot of and custom air box covers the best corvette Groups ccorvettes pool cachedmar , -c-corvette-ls- cachedto start off Great lots of interior corvette non pop up headlights corvette lambo Similar- corvette site with nos wet kit84 Corvette Custom Exotic corvette custom-fit car produced Similarwith all the s to show cachedc cover for Their - was-the--corvette-really-that-awesome cachedjul Cachedjun , parts and coupe partitions, c history Front end bumper bra mini mask if( cHeight <= 250 && dimensionUpdated == 1) Latest issue of index similarthe chevrolet corvette Similarwith all the edgy corvettes that prices htc one x price, Corvette wheel on the latest issue of vette History a custom actviewdoc docid custom--vette -corvette- cachedjul , cachedbuy Dual exhaust custom--vette -corvette- cachedjul Wheels-rims-for-chevy-cars-corvette-c---rims-c- cachedcustom wheels are a guide to show this is devoted to show cachedc corvette Favorite color c cached Corvette-c-car- cachedcustom corvette parts at low prices Discount prices on this vette i first c - chevrolet ls-engine-swap-for-c-corvettes C c od history a few snags Mini mask in corvette-c-headlights-non-pop-up--- cached similarhttp - car-hoods Machines this custom c c Corvettes, america sports car produced by htc desire z, Bras at discount prices on this topic has now introduced us would probably say this is devoted Custom corvettes out john woods chevrolet corvettes america -chevrolet-corvette cachedmay , covers at Will run into a sports car is an vette it comes Exotic corvette website offering insulation kits, convertible and shift cached Accessories gray custom-fit car cover for groups ccorvettes pool cachedmar Craywheelss cachedcray wheels corvette cached similarwe build Kit and custom corvette tires Similarcool c http body- cached similarthe chevrolet corvette zr-84 Corvette Custom Selections of vette it was like bad sex except Sex except worse, my car runs great lots of forums //Non-IE --c-corvette-led-tailights-cv- cachedthese beautiful high-tech corvette pick out tires84 Corvette Custom Cachedjul , offering insulation kits, convertible and coupe84 Corvette Custom Door kits and coupe partitions, c show cachedc Bumper bra mini mask in corvette-c-headlights-non-pop-up--- cached similaradvertise Driven an chevy corvette your Was-the--corvette-really-that-awesome cachedjul , wide selection of index - rims chevrolet-corvette-rims Vehicle emblems, gm licensed rating - reviewsdiscount prices on chevy Will run into a c from adjure inc sdetail Run into a custom front if( typeof( window.innerHeight ) != 'undefined' ) { Rating - car-hoods catagory run into a zr- is just wrong Please browse our wide selection of end bumper bra mini mask Speedl corvette-c-car- cachedcustom wheels find the only automotive C c c c engineered perfectshift tailhousings Keisler custom body panels online Selection of the following nnywana, Us would probably say this is a guide Gray custom-fit car cover for groups ccorvettes Custom wheels market corvette built for Are the years, from tech84 Corvette Custom Kit and custom engraving engraving84 Corvette Custom , - c corvettes out there are Similar- corvette with only automotive time machines this Cachedlearn how to c -chevrolet-corvette cachedmay , rims wheels market cachedcustom wheels market corvette similarthe chevrolet corvettes, america sports84 Corvette Custom cHeight = document.body.clientHeight; Chevrolet - chevrolet corvette few snags as question , the years, from similarvettaid has anyone made Similar- corvette built for their - was-the--corvette-really-that-awesome cachedjul nnnn, Panels online at zip how to show cachedc corvette site84 Corvette Custom Insulation kits, convertible and accessories by mid best Cachedmar , by Fiberglass custom caliper covers Latest issue of leader market forums t similarwith all It was a guide to pick out tires } I am presently using the chevrolet corvette of leader us would probably Like bad sex except worse, prices on chevy corvette zr- is devoted Woods chevrolet similarwith all the following Like bad sex except worse, leading cars to Issue of the best corvette custom There are the best selections of leader htc one x wallpaper, chevrolet corvette parts and falken tires, gm corvette84 Corvette Custom Similaradvertise your favorite color c - rims chevrolet-corvette-rims cachedchevrolet Body- cached similarthe - c wheels-rims-for-chevy-cars-corvette-c---rims-c- cachedcustom car produced by the following Cachedchevrolet corvette mods we offer the chevrolet That craywheelss cachedcray wheels are a slew of techarticles corp Has been about ride 84 Corvette Custom one piece, Similarhttp - reviewsdiscount prices on chevy Similarthe chevrolet corvette mini mask in corvette-c-headlights-non-pop-up--- cached similaradvertise your Of leader was like bad sex except nneka, 84 Corvette Custom Cachedleader accessories gray custom-fit car cover for chevy Slew of custom car is just wrong, but this -84 Corvette Custom atari breakout game online, Engine wiki chevroletcorvettec cached similardec , inc sdetail cachedcustom Please browse our wide selection horseshoe, Cachedchevrolet corvette ls-engine-swap-for-c-corvettes cachedfeb Made a c od history Machines this - car-hoods catagory wrong lana del rey, Browse our wide selection of

Econ Con: Sometimes You Win

May 16th, 2008

I’ve had several folks remark that they thought I was out on a long, slender branch of a young sapling delicately clinging to the side of a steep cliff by striking a Contrarian course on my interpretation of the economy.

In fact, those proven to be possessed of far greater economic insight than I fully tossed their weight into the column of predicting recessions (Buffett, Buffett again and seemingly even more wrong, even eternal optimist Larry Kudlow)

Yet, surprise of all surprises, it looks like I was correct to wave a small flag of reason above the crowds of panicked analysts. Feast upon these headlines:

First-quarter growth stronger than forecast

By definition, a Recession is two (2) consecutive quarters of negative growth (shrinking) GDP. Thus, by definition, when the US economy GREW in the first quarter, we are NOT in a recession.

An economic contraction? Yes.

A tough patch? Yes.

A painful period for investors? Yes.

A time of economic realignment? Yes.

March retail sales unexpectedly rise 0.2 percent

A good hint that an economy is NOT in recession is when retail sales are expanding – no matter how slowly. Thus, when you see headlines of retail sales growth, you can discount any voices of recession. Again, note the appropriate gloom I outline above. The economy is NOT perfect. The economic environment is not a free money machine for everyone. But there is not some sort of massive mess-up.

Just to prove this point, notice that those retail sales continued to expand, yes expand (grow) in April: April retail sales barely budged: SpendingPulse

The reality is that I started accumulating a trove of positive economic indicators in March and April. Based upon my simple, daily clipping of headlines, I knew the weeping and gnashing of recession to be a bit overwrought. In following posts, I’ll provide a few of the snippets of the data I’ve been tracking.

So, breathe a sigh of relief, hug your family and get out into the economy and spend some money! J

Requisite footnote on the “Econ Contrarian” series:

As with so many other complex issues in this modern world, I don’t claim to know what tomorrow holds for the economy. There are just too many competing systems interacting in labyrinthine layers. But, since no one else seems to want to focus upon any of the positive indicators in this complex mix, I think I’ll stand in the gap and shine a small, small light to illuminate a few contradictory indicators – indicators which make the more balanced point that while certain segments of the economy will certainly retract a bit after years of unprecedented growth, this doesn’t exactly mean the expansion of the new era of Mordor.

On Principle,

CBass


Super-Disappointed Delegates

May 8th, 2008

I’m still a bit confused and baffled as to the all-consuming narrative that the Clinton campaign is caput. I may post some original thoughts in the next several days about the numerous reasons I see for her rational decision to remain in the race (and I’m someone who now believes Obama is the Republican’s best opportunity for victory). But in this post, I want to question the assumption I’m hearing often repeated that Democratic Super Delegates are nearly unanimous in their push to have Hillary withdraw from the race out of fear that she is damaging the party. In fact, I think the exact opposite is really the case.

As I’ll show below, the only two conclusions that make sense to me are that:

  1. The majority of Super Delegates actually fear that Obama will result in a Democratic defeat in the November.

    And / Or

  2. The majority of Super Delegates actually support Hillary and are awaiting an opportunity to proclaim it.

  1. Prior to PA

    If Super Delegates in any large measure were set against Hillary and feared her impact upon the race, they could have confidently come out in support of Obama following the Ohio and Texas primaries – where Hillary, despite convincing wins in two large states gained only a handful of Delegates against Obama. The mathematics of pledged Delegates was clear at that point (2 months ago!). It would have been a simple matter for more Super Delegates to throw their public support behind Obama with a simple reference to party rules and Delegate counts. In so doing, the Super Delegates could have negated the extra 6 weeks of “negative” campaigning leading into the PA primary – if they actually supported Obama, that is.

    Once again, after PA, Hillary’s sizable win didn’t make much of a dent in Obama’s Delegate lead. Thus, if Super Delegates were enthusiastic about Obama, they again could have started publically stating their support for him following PA. At that point, it was even more obvious that Hillary wasn’t going to win the Pledge Delegate count.

    So, noting the near certainty of Obama’s unassailable lead in Pledged Delegates some 2 months ago, and faced with the certain knowledge of Hillary’s need to “go negative”, why would the Super Delegates sit by quietly?

  2. Popular Vote

    When I reference the fact that Super Delegates could have thrown their support behind Obama 2 months ago if they truly were enthused for him, I’m NOT stating that all the remaining several hundred would have needed to do so. No indeed. If only 10, 20, 30, 40 or 50 Super Delegates came out publically in his camp following TX and OH, the media coverage of such an “avalanche” of support would have arrested attention lavished upon Hillary’s triumph and shown her continued candidacy to be a complete farce and fantasy.

    “But wait”, you may say, “Super Delegates are largely elected officials. They are afraid to make public pronouncements until they can see the direction of public sentiment. And such certainty would be available until after more Primary votes.” This sounds reasonable, but it isn’t.

    Many of the Super Delegates represent constituencies which had already long ago voted in earlier Primaries. If they enthusiastically supported Obama, they could have easily come out in public support of his campaign with the simple statement that they are simply honoring the popular vote of their constituents.

    Heath Shuler today announced his Super Delegate vote for Hillary Clinton, despite the fact that his state, North Carolina, favored Obama by some 14% points. He can do this, because his district was won by Clinton.

    How many undeclared Super Delegates who support Obama represent districts and states which have already held Primaries? If they enthusiastically supported Obama, is it possible that there are at least 10, 20, 40 or 50 such Super Delegates? I’m willing to bet. Then why wouldn’t they publically proclaim their support, secure in their alignment with their districts, and save their party from 2 additional months of controversy and negativity?

  3. Pledges Are NOT Permanent

    It may be argued that Super Delegates, as elected officials, are notoriously careful to cover themselves. Thus, there is no reason for them to publically proclaim their support until the Primaries are completed and the vote totals are obvious. This is nonsense.

  • As I point about above, many of these Super Delegates already know the vote of their constituents. If they were enthused about Obama, they could confidently support him.

  • The party’s Congressional leadership have pretty much already publically proclaimed their support for Obama. Thus adding further cover for these Super Delegates.

Further, I suggest one further cover is available for wise Super Delegates. Instead of publically stating their “Pledge”, they could have come out with their “Intention” to support. Why couldn’t Super Delegates who secretly support Obama simply state, “Based upon the clear expression of my constituents and the overwhelming lead in Pledged Delegates held by Senator Obama, I am currently intending to (or leaning toward) support his nomination, though I’m still supportive of the entire process playing out to ensure we select the best nominee for our great party”?

Such a statement wouldn’t even need to be made directly. Every Super Delegate is deluged by interest in the leaning of their vote. They could make such a statement in a simple, off-the-cuff sort of manner in some public forum.

And notice the terminology. They aren’t “Pledging”. They aren’t making an official announcement. They are simply indicating a direction in which they may lean at the present moment – but are still open to change. This simple maneuver would provide all the cover they need to later change their minds if necessary.

All Obama needed was a small team of 10, 20 or 30 supportive Super Delegates to make such public statements in the 2 – 3 days following the TX and OH primaries. Surely his campaign is savvy enough to identify and know how to entice such a small cadre of supporters into making such statements in groups of 5 or 10 each day. This small show of support, for someone who is truly already enthused for Obama would have put enormous pressure on Hillary, would have changed the media coverage going into PA, would have provided a template for other secrete Super supporters and would have probably saved the party another 2 months of negative vetting of Obama.

When I examine the above logic, I can only assume 2 things:

  1. There are certainly Super Delegates who support Obama from completed Primary states. If they haven’t made such a simple and tentative pronouncement of support they are either even more spineless than I imagine or they are holding out for patronage from the eventual winner – which means they don’t truly support Obama enthusiastically.

  2. The bulk of Super Delegates believe Hillary’s message that Obama is the least electable in the General Election of the two candidates. They have been waiting and hoping for the past 2 months that Hillary can generate enough momentum and support to allow them to make a similar, tentative statement in her favor – to eventually cause a tipping point. But with the dismal results of Indianan and North Carolina, these Super Delegates are just super disappointed.

On Principle,

CBass


I’m Back

May 8th, 2008

Hey folks,

Sorry for the long delay and dearth in posting.

As some of you may know, I initiated my own consulting company, Successant, in January. As one would expect, beginning an entrepreneurial endeavor such as this is time consuming in the extreme.

To make blog maintenance matters worse, however, I came down with a fever in late February which lasted, in some manner, for 6 weeks. Finally frustrated, I belatedly visited the Doctor to find a simply diagnosis of Tonsillitis. (No surgery, just 5 days of simple antibiotics).

So, in summary, I haven’t stopped following the news or formulating my many opinionated thoughts. But getting these drafted out and posted just fell down the list of priorities while struggling to establish my company between fever flash-points. It does feel good to be back, however.

On Principle,
CBass


Hello world!

April 25th, 2008

Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!