The last quarter is here.

Bob Krumm, a well known Democratic Party consultant has weighed in today with an analysis that looks like a post mortem on the election.

If you’re in the Obama campaignor a numerologist sympathetic to ityou probably console yourself with comparisons to polling results from 2008. Today Barack Obama is running about three points behind where he was at this point in the race two years ago, while Mitt Romney is about four points ahead of John McCain. Since Barack Obama won by 7.3% in 2008, the seven-point swing this year still puts the race within reach.

However this is not 2008. That year was an anomaly in my lifetime: the first election since 1952 when there was neither an incumbent president nor a sitting vice president on the ballot. The 2008 election was a choice; this year is a referendum.

We have watched the trend lines and many of us were highly suspicious of the polls last summer.

The 2012 election returns to the historical norm where you have an incumbent and a challenger. The primary metric is the incumbent’s level of support. He is only safe when he is well above 50%. When his support dips below 50% he is in danger. If it stays below 48% he is in extreme danger. Barack Obama sits at 47% and hasn’t been higher than 48% since the first debate.

Read more

Impressions of the second debate.

Obama was much more animated and his supporters will be happier tonight.

I think Romney was more impressive but I am a partisan. What surprised me was a focus group collected by Frank Luntz that decided that Romney won overwhelmingly. These were Obama voters in 2008. Their comments were very interesting. One woman supported Obama because of his comments about contraception. She was pretty much alone.

Obama said some things that will be in RNC ads next week.

1. He said that oil and gas leases were increased on public land during his administration. That is not true and Romney called him on it. Chris Wallace checked the facts and Romney was correct.

2. He said that Romney would raise taxes on the middle class and he had cut them. I don’t think anyone believed him. Romney did a good job, better than the first debate, in explaining his proposals.

3. The was only one question on Libya and Obama lied about what he said the day after the attack. That was foolish and we will see the Rose Garden statement many times before the election. He mentioned terrorism but the connection with Benghazi was not made. For weeks after, Obama and his underlings, especially Susan Rice the first black UN ambassador, kept offering the story of the anti-Muslim video.

4. The concerns about Candy Crowley as moderator were well based. She cut off Romney multiple times and Obama talked right past the clock. He ended with 7 more minutes of time. In addition, contrary to the agreement, Candy Crowley inserted herself into the questioning and supported Obama in his assertion that he had described the attack on the Benghazi consulate as terrorism. She later, after the debate was over admitted her mistake. That will be a topic until the election.

5. There was a dumb question about an “assault weapons ban.” Romney did well to note that automatic weapons are already illegal, a detail that escapes most Democrats, like Diane Feinstein

All in all, I thought Romney did well and Obama improved his performance from last time, although at the cost of a number of falsehoods that will provide fodder for the large Romney ad budget in the next two weeks.

There were several exchanges on immigration policy and education but these were the highlights for me.

The Tea Party will win in the end

Frank Rich, a furious and frantic left wing writer, formerly writing for the NY Times, has concluded that liberalism will not be successful in transforming American society because the American public “loathes government and always has.” His essay in New York magazine is interesting although it drifts into his usual hostile rhetoric in the end.

Were the 2012 campaign a Hitchcock movie, Mitt Romney would be the MacGuffin—a device that drives a lot of plot gyrations but proves inconsequential in itself. Then again, Barack Obama could be, too. Our down-to-the-wire presidential contest is arguably just a narrative speed bump in the scenario that has been gathering steam throughout the Obama presidency: the resurgence of the American right, the most determined and coherent political force in America. No matter who is elected president, what Romney calls severe conservatism will continue to consolidate its hold over one of our two major parties. And that party is hardly destined for oblivion. There’s a case to be made that a tea-party-infused GOP will have a serious shot at winning future national elections despite the widespread liberal belief (which I have shared) that any party as white, old, and male as the Republicans is doomed to near or complete extinction by the emerging demographics of 21st- ­century America.

Here, Rich cannot resist dismissing Romney as an “inconsequential plot device” but he does recognize that conservatism is more in tune with American values than the political left, of which he is an enthusiastic member.

Read more

Global Warming ended 15 years ago

There is still considerable talk about global warming, or as it is now termed, “climate change.” California is about to destroy a large part of what is left of its economy by initiating a new “Cap and Trade” program that will spike energy costs and drive more employers from the state. New reports are casting more doubt on the reality of “climate change” and now there is more information that warming ended in 1997. The past two years have shown a definite cooling trend.

The world stopped getting warmer almost 16 years ago, according to new data released last week.

The figures, which have triggered debate among climate scientists, reveal that from the beginning of 1997 until August 2012, there was no discernible rise in aggregate global temperatures.

This means that the ‘plateau’ or ‘pause’ in global warming has now lasted for about the same time as the previous period when temperatures rose, 1980 to 1996. Before that, temperatures had been stable or declining for about 40 years.

There is even new debate among climate scientists.

Some climate scientists, such as Professor Phil Jones, director of the Climatic Research Unit at the University of East Anglia, last week dismissed the significance of the plateau, saying that 15 or 16 years is too short a period from which to draw conclusions.

Others disagreed. Professor Judith Curry, who is the head of the climate science department at America’s prestigious Georgia Tech university, told The Mail on Sunday that it was clear that the computer models used to predict future warming were ‘deeply flawed’.

Even Prof Jones admitted that he and his colleagues did not understand the impact of ‘natural variability’ factors such as long-term ocean temperature cycles and changes in the output of the sun. However, he said he was still convinced that the current decade would end up significantly warmer than the previous two.

California, of course, is not going to wait to see if the trend continues with cooling.

Oct 2 (Reuters Point Carbon) – California Governor Jerry Brown has signed two bills related to the use of revenue raised through the sale of carbon allowances, although details of how the money will be spent won’t be determined until next year.

The bills are the first to address the estimated $660 million and $3 billion in revenue that will be generated during the first year of California’s carbon cap-and-trade scheme, which begins in January.

The first bill creates a new account for the revenue to be deposited into, and directs the Department of Finance and the California Air Resources Board (ARB) to develop an investment plan for the funds.

That plan, expected to be released in the spring of 2013, will be submitted for approval to the legislature as part of the governor’s budget and will be reviewed and updated on an annual basis.

It doesn’t matter that the state is going broke. Left wing pieties still rule California.

Joe Biden and the debate

A clownish Joe Biden mugged, groaned and interrupted Paul Ryan for 90 minutes last night. It was an odd spectacle but, apparently, just what the Democrats wanted. He lied about the Libya story and now Bill and Hillary Clinton may be thinking rebellion. Biden strongly suggested that the State Department was to blame for the murders because they did not ask for more security, in spite of the testimony before Congress the day before. If Hillary thinks she sees the bus coming, she may jump ship and it won’t be pretty.

With tensions between President Obama and the Clintons at a new high, former President Bill Clinton is moving fast to develop a contingency plan for how his wife, Secretary of State Hillary Clinton, should react if Obama attempts to tie the Benghazi fiasco around her neck, according to author Ed Klein.

Biden also lied about Iran and their nuclear ambitions. He dismissed the danger of doing nothing. He said they do not have a “delivery system.” They have a delivery system named Hezbollah. Iran may not have an intercontinental ballistic missile that can reach the US, yet. If Iran were to choose to attack the US, a container ship and a US port are much more likely to be involved than a new missile. Certainly, Israel is within reach as are the countries of Europe. Saudi Arabia is within reach. The Sunni-Shia rivalry is sufficient motive but the other reasons should not be ignored. Iran is ruled by a sect of suicidal maniacs.

Ryan capably described the Romney-Ryan tax proposals and his Medicare plan. I expected the abortion question and I thought it was well handled. Biden, of course, lied about the administration’s rules for health insurance coverage of contraception and abortion. That is not a big issue for me as I am pro-choice but the dishonesty is annoying. The “47% issue” and Ryan’s mention of a “30% who are takers” will not bother many people who agree and the offended are likely Obama voters no matter what happens.

It will be interesting to see what the result will be. The left, of course, is excited by the nasty tone Biden adopted.

On their $5 trillion tax cut, Romney/Ryan really need to either start naming the loopholes they’d close to pay for it or just admit they can’t make it revenue neutral without whacking the middle class. The VP was appropriately relentless on this point. Even I’m starting to feel sorry for them every time someone brings up this little flaw in their plan. I suspect I’m not alone in realizing that this country simply can’t afford to elect people promising a tax cut of this magnitude who, when it comes to paying for it, essentially say “trust us, we’ll find a bipartisan solution.”

The “$Five trillion tax cut” has been thoroughly debunked, including Stephanie Cutter’s retreat from the claim.

But, as I pointed out, Gov. Romney has already taken capital gains and dividends-for example-off the table. Now, here’s the revealing part: Larry said, and I know many in the investment community, including Mitt, feel exactly the same way, “I don’t consider those loopholes.”

So, here is a lefty who wants to raise taxes on investment income and capital gains. I don’t see enough responses pointing out that this income has already been taxed as ordinary income. Mitt Romney and most investors had salary income, taxed at the rates of the time, which they saved and invested. The capital gains and dividend income is income that was already taxed once. The left simply does not understand this.

Ryan kept his cool and Biden played the fool. Ann Althouse was impressed as I believe many women were impressed.

As I said, I’m tired of the yelling. I found the debate really hard to watch, but I kept watching because I was committed to live-blogging. Even still, I got catatonic. There was a point when I didn’t write anything for 20 minutes and then I said:
Biden has been yelling at Martha Raddatz for the last 15 minutes (as the subject is war). It’s so inappropriate!

The previous post had been:
The stress level is rising. Biden is so angry. Why is he yelling? Ryan needs nerves of steel not to lose his cool. I’m impressed that Ryan, when he gets his turn, is able to speak in an even, natural voice. It’s hard to concentrate on the policy itself, because the emotional static is so strong.

That shows how I felt: pain. So here’s my question. Ratings were down, I see, but when were the ratings taken? In the beginning? How did the ratings drop off over the course of the 90 minutes?

I have seen many comments about people, especially women, turning off the debate because of Biden’s rudeness and blustering. The ratings were down and the question is when were the ratings surveyed ? Of course, last night was also a big sports night. I think Ryan did better than the initial impressions suggest.

If Obama uses the Biden debate tactic as a model for next Tuesday, the election may well be over.