Swing State

The swing state seems to swing both ways.

Issue 2 Dead in Ohio

Voters in Ohio supported public employee unions by voting “no” on issue 2 (a referendum on anti-union senate bill 5) by a 2 to 1 margin. It was a ringing endorsement of cops and firefighters. Teachers, not so much. More than half the school levies in the state failed.

Open Mic

Sarkozy and Obama had one of those open mic moments at the G-20 Summit in France. Sarkozy called Benjamin Netanyahu a liar and Obama complained that he has to deal with him everyday.

Real Scandal

Politico had over 90 stories last week about the Herman Cain sexual harassment allegations. It’s still unclear just what is being alleged but it doesn’t appear to include pulling down his pants and ordering a subordinate to “kiss it”. That would be the charge against President Bill Clinton from about the same era.

Oddly, women’s groups swarmed to the defense of the “lovable rogue” and, after being impeached, he weathered the storm – minus his Arkansas law license.

None of us, however (at least not the 99%), weathered the storm caused by another scandal with racial overtones. Paul Sperry reported in IBD, how Clinton pressured financial institutions to make home loans to the un-creditworthy. Meanwhile, MSN Money quotes David Weidner, of Marketwatch, saying Clinton’s biggest mistake was the repeal of Glass-Steagall.

Business Week reported this week that, after stating a $4.4 billion loss for the third quarter, Freddie Mac will seek an additional 6 billion dollar bail-out from taxpayers.

Stuck on the Tarmac

More than 200 JetBlue passengers were stranded on the tarmac for 7 hours on Saturday. The Boeing plant in South Carolina has been sitting on the tarmac since April. Pelosi thinks it should stay that way until its workers un-decertify their union.

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