Last Thursday, Former Federal Reserve chairman Alan Greenspan told a House Committee that he "made a mistake in presuming that the self-interests of organizations, specifically banks and others, were such as that they were best capable of protecting their own shareholders and their equity." Which was pretty damned strange, actually, because he supposedly learned that very lesson way back in 2002 concerning the accounting field.

Former pro football quarterback and eternal anti-tax agitator Jack Kemp had a phone conversation today with the equally ideological and agitating Neil Cavuto on Cavuto's Fox show today. The reason for the call? So Kemp and Cavuto could plant yet another seed of insanity into the presidential election. Kemp's latest is that Obama's tax plan, by giving what amount to rebates to taxpayers who owed no taxes, was "close"--real close--to "buying votes."

I saw the documentary "Boogie Man" the other night. It chronicles the rise and fall into brain cancer of the one and only Lee Atwater, the GOP politico who taught Karl Rove and who left the election of Saint Reagan and the Willie Horton ad as his major accomplishments. But the most interesting thing to me was the flat out statement from Robert (Prince of Darkness) Novak that the Democrats are the only party with principles.

As a liberal, I found myself in an awkward social situation in deeply Republican Jacksonville, Fl., on Friday: Do I get into a political argument with a doctor in the middle of my vasectomy?

Some time ago, I was not a contributor to anything, well, except for work. I came aboard Watchers by being an acidic complainer, and I went on a tear about a piece that had appeared here: There is hope for the south, so to speak, the author said.

I totally disagreed, but then, I've lived here too long to even think otherwise...

John McCain and Sarah Palin--and the countless campaign surrogates who pepper the airwaves and print media--have taken to saying and/or insinuating that Obama's policies are "Socialist." It's pretty obvious that the McCain campaign made a conscious decision that the only remaining chance for McCain & Palin is to brand Obama with some label that makes voters jerk their voting hands back: he's a "Socialist," he's a "terrorist," he's a Muslim," he's a "traitor."

On today's Hardball, Repub Congresswoman Michelle Bachmann of Minnesota actually said this, in the course of a rambling accusation that appears to equate :liberal" to "leftist" and "leftists" to "anti-American":

I'm very concerned that he [Obama] may have anti-American views.......the American media should...take a great look at the views of people in congress to find out are they pro-America or anti-America.

Among the statements I never expected to see, without at least a few bolts of lightening hurtling earthward: Ken Blackwell saying On Laura Ingraham's radio show that "Voter fraud is the worst crime against democracy."

Monday's historic point rise in the ow Jones Industrials came at the beginning of a week in which many economic reports are due, including earnings from some major corporations. But, hey, why wait for reports that so indirectly indicate the health of our economy when recent news has been full of the real economic indicators for a while.

Wonderful headline from the Fresno Bee: Entrepreneurs see upside in downturn. And what would that upside be?

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