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Contentions’ Abe Greenwald did some research to show how silly the NY Times can be.
Since Pickings is for grown-ups, the dénouement no matter how distant, is important. WSJ editors have one for the Spitzer/Grasso/Langone moment in New York.
This week’s dismissal of the case against Dick Grasso is sweet vindication for the former New York Stock Exchange CEO. But beyond the debate over his $190 million pay package, there are lessons here about prosecutorial discretion, pack journalism and business courage under political pressure.
These columns defended Mr. Grasso from the beginning, not because we cared a whit about his pay but because it looked like one more case of overreach by Lord High Executioner Eliot Spitzer. Mr. Grasso wasn’t accused of corruption; his sin was making a bundle in a political season when that was déclassé. Moreover, Mr. Grasso hadn’t set his own pay. The NYSE board had signed off on it, and it seemed bizarre to punish a CEO for accepting what his own bosses had legally agreed to pay him. …
Speaking of dénouements, perhaps the end is near for Mugabe. Roger Bate in WSJ has the inflation story in Zimbabwe.
Amid Zimbabwe’s political violence is an economic lesson for anyone who doesn’t keep an eye on inflation. The country’s dictator, Robert Mugabe, who was sworn in on June 29 to his sixth term as president, has killed a few hundred of his opponents in the past few months, but his country’s inflation is killing far more than that. With food aid only trickling back into the country and hundreds of thousands without enough cash to buy food, it was clear during a trip there last month that the crisis is deepening.
Consumer prices have more than doubled every month this year, in some cases doubling every week. A conservative estimate provided by Robertson Economic Information Services, a Southern African consultancy, says that prices are now three billion fold greater than seven years ago. That’s right, billion. The exchange rate is currently an astronomical 90 billion Zimbabwe dollars to one U.S. dollar. …
And Ed Morrissey has good news from Iraq.
Did you know that the US and Iraq will shortly conclude “one of the most spectacular victories of the war on terror”? You wouldn’t if you read American newspapers or watched American television. The Times of London reports on the approaching end of al-Qaeda in Iraq as the forces of Nouri al-Maliki and the US close the trap on 1,200 AQ terrorists in Mosul: …
The candidates’ calls for universal service got David Harsanyi going with some libertarian thoughts.
In the Declaration of Independence, Thomas Jefferson writes that individuals are endowed with unalienable rights to “Life, Liberty and the pursuit of Happiness.”
There is nothing in there about state-sponsored “public” service and nothing about having to listen to politicians lecture us about what we “must” do to satisfy patriotic obligation. I checked.
Yet, a hobbyhorse of presidential hopefuls is government service. The duo is under the impression that public service trumps your own selfish existence. After all, you only make a living, give to charities of your choice, take care of your own children, buy your own junk and, hopefully, mind your own business.
“Loving your country shouldn’t just mean watching fireworks on the Fourth of July,” Barack Obama explained to a crowd in Colorado Springs this week. “Loving your country must mean accepting your responsibility to do your part to change it.”
Yes. He said must.
Ironically, in most places, Americans are prohibited from lighting fireworks on Independence Day — naturally, we “must” not hurt ourselves. And there are increasingly more “musts” being handed down. (Reason Magazine recently named Chicago, Obama’s hometown, the city with the least amount of individual freedom in the nation.) …
Corner post by VD Hanson introduces the NY Times look at Rush Limbaugh.
While reading the mostly balanced Zev Chafets Rush Limbaugh story in the New York Times Magazine, I was struck by how long so many people have vastly underestimated Limbaugh’s talents. For two decades his critics kept sneering, “His gets millions for mouthing off three hours day.” …
A profile of Rush Limbaugh appeared in Sunday’s Times Magazine. It was an interesting and long account, and will appear in parts, today and tomorrow.
… Limbaugh has been a factor in every national election of the past 20 years, but not since the mid-1990s has he been so prominent. Democrats have blamed him for everything from invading their primaries to starting scurrilous rumors about Michelle Obama. Limbaugh denies the latter accusation, but he happily embraces the former. His vehicle was so-called Operation Chaos, a radio campaign designed to encourage Republicans to vote for Hillary Clinton and prolong internecine fighting among liberals.
Nobody quite knows how effective Operation Chaos was. Karl Rove said he thinks it helped tilt Texas for Clinton. She herself gave this some credence on the day after the vote by jauntily saying, “Be careful what you wish for, Rush.” Howard Dean implored primary voters in Indiana and North Carolina to ignore Limbaugh. The Obama supporter Arianna Huffington called Limbaugh and other conservative hosts “toxic curiosities.” After Clinton won in Indiana, where 10 percent of Democratic primary voters admitted to exit pollsters that they were really Republicans, Senator John Kerry accused Limbaugh of “tampering with the primary” and causing Obama’s defeat.
Limbaugh was delighted. He deemed Operation Chaos to have “exceeded all expectations” (his customary self-evaluation) and explained once again that he wasn’t supporting Clinton but merely trying to bloody Obama because John McCain was too chicken to do it and because he believed that Obama would then be easier to beat in November.
Probably both the Democrats and Limbaugh overstated his actual impact. But Operation Chaos was a triumph of interactive political performance art. Limbaugh appointed himself Supreme Commander, deputized his listeners and turned them into merry pranksters. “Rush is a master at framing an issue and creating a community around it,” says Susan Estrich, who ran Michael Dukakis’s 1988 presidential campaign and has since become a talk-show host herself. Operation Chaos drew a crowd, which is what Limbaugh does for a living. It got people laughing at the Democrats, which is what he lives for. And, ever the devout capitalist, he turned an extra buck by peddling Operation Chaos gear. The stuff flew off the cybershelves of the E.I.B. store, the biggest seller since his Club Gitmo collection (“my mullah went to Club Gitmo and all I got was this lousy T-shirt”).
None of these high jinks would have mattered if Limbaugh were a regular radio personality. But he isn’t. Michael Harrison, the editor and publisher of Talkers magazine, a trade publication, puts Limbaugh’s weekly audience at 14 million. Limbaugh himself says it is closer to 20 million. Either way, nobody else is close. He has been the top-rated radio talk-show host in America since the magazine started the ranking 17 years ago.
Such massive and consistent popularity makes Limbaugh a singular political force. “Rush has completely remade American politics by offering an alternative to the networks and CNN,” Rove told me. “For 20 years he has been the leader of his own parade.” …