Savings Bond Calculator (Sort of.) September 4, 2008March 11, 2017 NEW TOPIC PLEASE! A friend: ‘Please give us the date of the next column which will not have the words Obama, McCain, Democrat, or Republican, so we can mark it on our calendars. Otherwise, we are going to cut your salary in half.’ ☞ I feel your pain. I am so sick of this. Truly. But do we really want to say, decades from now, that when the world hung in the balance, we spared ourselves thinking about it and wrote about loud sneezes instead? Or about not sneezing with your mouth full? Because the world actually does kind of hang in the balance. It really does matter who’s in charge. The Republicans have done a dreadful job for us, weakening the dollar, weakening the military, diminishing our standing in the world, diminishing the role of science and reason in our governance, exploding our debt, and jeopardizing the future of our children. But they are very, very good at winning elections. Rudy Giuliani did a terrific job last night of mocking and belittling Barack Obama. Sarah Palin, likewise. Norm Coleman zinged Obama with . . . ‘John McCain would rather spend his time creating 200,000 new jobs in America than talking to 200,000 Germans in Berlin.’ Wide grin! Delighted applause! But of course while Obama was talking to 200,000 Germans in Berlin, John McCain wasn’t creating 200,000 new jobs in America – he was having lunch at Schmidt’s ‘Sausage Haus.’ Mitt Romney zinged Michelle Obama with . . . ‘There has never been a day when I was not proud to be an American.’ What does that even mean? My-Lai? Proud! Abu-Ghraib? Proud! Japanese internment? Proud. Napalming Vietnam? Proud! Near the bottom of the industrialized world in math and science education? Proud! Highest prison population? Proud! At the top in violent crime? Proud! Are we really going to chart our course based on who’s more mindlessly proud of everything America has done? Of course we’re all, on balance, deeply proud of America – and with very good reason. But do we really want to entrust our future to the candidate who wears the largest lapel pin? Every Republican Convention speaker talks about how McCain will cut taxes (at no cost! who needs taxes! the military will pay for itself! the interest on our mostly-Republican $10 trillion National Debt will just pay itself! we can just keep borrowing! the chickens will never come home to roost!) . . . whereas Obama – who has made it crystal clear he will lower taxes for 95% of Americans – will, they say, raise them. Raise, lower – what difference does it make as long as you smile, wear an American flag, and make fun of bright, thoughtful people? (A friend marveled to me today how the Europeans pride themselves on choosing leaders who are their best and brightest, where we mock our best and brightest and go for the guy near the bottom of his class. Bill Clinton – the Rhodes Scholar – was an exception, and all we got from that was eight years of peace and prosperity, a strong dollar, and the respect of the world.) John McCain is a maverick, they say (even though he says he’s voted with Bush more than 90% of the time, ‘higher than even a lot of my Republican colleagues’), who sticks to principle above all else, except when he doesn’t . . . calling evangelical leaders ‘agents of intolerance’ in 2000, then embracing them in 2007; criticizing tax breaks for the best off and now embracing them; speaking out against waterboarding, then voting for it; against ethanol and later for it; against overturning Roe v. Wade, now for it; and on and on. Not to say he’s alone in changing positions from time to time . . . but some kind of unique straight talker? Give me a break. Rudolph Giuliani mocked Obama for, among other things, voting ‘present’ 130 times while in the Illinois legislature. He did not mention that this was 130 times out of 4,000, or that there seem to have been good reasons for many of those votes. Or that in 2007 John McCain missed – ‘by a wide margin,’ according to The Real McCain – more Senate votes than any other senator except Tim Johnson (who was in a coma part of the time), including all the others running for President. Where Obama voted ‘present’ about 3% of the time, McCain missed 261 of 468 votes in the first 15 months of the current Congress – about 56% of the votes – including a number of key ones. Like a vote on the Improving America’s Security Act that codified the 9/11 Commission recommendations. Is it possible he didn’t want to go on record with most of his Republican colleagues in opposing this? The Real McCain sites the example of a vote on $1.2 billion for local law enforcement enhancement that was sandwiched between 15 other votes that day, all the others of which McCain did cast. Is ducking a vote better than voting ‘present’ to register an objection to it? The point is, the Republicans are great at mocking and belittling and Swift-Boating. But the result has been eight years of tremendous harm to our country, with the very real possibility of four more. There’s no denying that Sarah Palin is spunky and appealing – but that doesn’t make the teaching of creationism in high school science classes a good idea, or the teaching of ‘abstinence only’ an effective way to protect our teenagers against disastrous mistakes. And is she really ready to be a world leader like Barack Obama or Joe Biden or Al Gore or Hillary Clinton? Or, for that matter, General Eisenhower or Richard Nixon or George Bush Sr.? I just don’t see Sarah Palin in that league. If it hasn’t already hit your inbox, this strikes me as an informed, balanced biographical recap by one of her neighbors in Wasilla: ABOUT SARAH PALIN by Anne Kilkenny I am a resident of Wasilla, Alaska. I have known Sarah since 1992. Everyone here knows Sarah, so it is nothing special to say we are on a first-name basis. Our children have attended the same schools. Her father was my child’s favorite substitute teacher. I also am on a first name basis with her parents and mother-in-law. I attended more City Council meetings during her administration than about 99% of the residents of the city. She is enormously popular; in every way she’s like the most popular girl in middle school. Even men who think she is a poor choice and won’t vote for her can’t quit smiling when talking about her because she is a “babe”. It is astonishing and almost scary how well she can keep a secret. She kept her most recent pregnancy a secret from her children and parents for seven months. She is “pro-life”. She recently gave birth to a Down’s syndrome baby. There is no cover-up involved, here; Trig is her baby. She is energetic and hardworking. She regularly worked out at the gym. She is savvy. She doesn’t take positions; she just “puts things out there” and if they prove to be popular, then she takes credit. Her husband works a union job on the North Slope for BP and is a champion snowmobile racer. Todd Palin’s kind of job is highly sought-after because of the schedule and high pay. He arranges his work schedule so he can fish for salmon in Bristol Bay for a month or so in summer, but by no stretch of the imagination is fishing their major source of income. Nor has her life-style ever been anything like that of native Alaskans. Sarah and her whole family are avid hunters. She’s smart. Her experience is as mayor of a city with a population of about 5,000 (at the time), and less than 2 years as governor of a state with about 670,000 residents. During her mayoral administration most of the actual work of running this small city was turned over to an administrator. She had been pushed to hire this administrator by party power-brokers after she had gotten herself into some trouble over precipitous firings which had given rise to a recall campaign. Sarah campaigned in Wasilla as a ‘fiscal conservative’. During her 6 years as Mayor, she increased general government expenditures by over 33%. During those same 6 years the amount of taxes collected by the City increased by 38%. This was during a period of low inflation (1996-2002). She reduced progressive property taxes and increased a regressive sales tax which taxed even food. The tax cuts that she promoted benefited large corporate property owners way more than they benefited residents. The huge increases in tax revenues during her mayoral administration weren’t enough to fund everything on her wish list though, borrowed money was needed, too. She inherited a city with zero debt, but left it with indebtedness of over $22 million. What did Mayor Palin encourage the voters to borrow money for? Was it the infrastructure that she said she supported? The sewage treatment plant that the city lacked? or a new library? No. $1m for a park. $15m-plus for construction of a multi-use sports complex which she rushed through to build on a piece of property that the City didn’t even have clear title to, that was still in litigation 7 yrs later–to the delight of the lawyers involved! The sports complex itself is a nice addition to the community but a huge money pit, not the profit-generator she claimed it would be. She also supported bonds for $5.5m for road projects that could have been done in 5-7 yrs without any borrowing. While Mayor, City Hall was extensively remodeled and her office redecorated more than once. These are small numbers, but Wasilla is a very small city. As an oil producer, the high price of oil has created a budget surplus in Alaska. Rather than invest this surplus in technology that will make us energy independent and increase efficiency, as Governor she proposed distribution of this surplus to every individual in the state. In this time of record state revenues and budget surpluses, she recommended that the state borrow/bond for road projects, even while she proposed distribution of surplus state revenues: spend today’s surplus, borrow for needs. She’s not very tolerant of divergent opinions or open to outside ideas or compromise. As Mayor, she fought ideas that weren’t generated by her or her staff. Ideas weren’t evaluated on their merits, but on the basis of who proposed them. While Sarah was Mayor of Wasilla she tried to fire our highly respected City Librarian because the Librarian refused to consider removing from the library some books that Sarah wanted removed. City residents rallied to the defense of the City Librarian and against Palin’s attempt at out-and-out censorship, so Palin backed down and withdrew her termination letter. People who fought her attempt to oust the Librarian are on her enemies list to this day. Sarah complained about the ‘old boy’s club’ when she first ran for Mayor, so what did she bring Wasilla? A new set of “old boys”. Palin fired most of the experienced staff she inherited. At the City and as Governor she hired or elevated new, inexperienced, obscure people, creating a staff totally dependent on her for their jobs and eternally grateful and fiercely loyal–loyal to the point of abusing their power to further her personal agenda, as she has acknowledged happened in the case of pressuring the State’s top cop (see below). As Mayor, Sarah fired Wasilla’s Police Chief because he ‘intimidated’ her, she told the press. As Governor, her recent firing of Alaska’s top cop has the ring of familiarity about it. He served at her pleasure and she had every legal right to fire him, but it’s pretty clear that an important factor in her decision to fire him was because he wouldn’t fire her sister’s ex-husband, a State Trooper. Under investigation for abuse of power, she has had to admit that more than 2 dozen contacts were made between her staff and family to the person that she later fired, pressuring him to fire her ex-brother-in-law. She tried to replace the man she fired with a man who she knew had been reprimanded for sexual harassment; when this caused a public furor, she withdrew her support. She has bitten the hand of every person who extended theirs to her in help. The City Council person who personally escorted her around town introducing her to voters when she first ran for Wasilla City Council became one of her first targets when she was later elected Mayor. She abruptly fired her loyal City Administrator; even people who didn’t like the guy were stunned by this ruthlessness. Fear of retribution has kept all of these people from saying anything publicly about her. When then-Governor Murkowski was handing out political plums, Sarah got the best, Chair of the Alaska Oil and Gas Conservation Commission: one of the few jobs not in Juneau and one of the best paid. She had no background in oil & gas issues. Within months of scoring this great job which paid $122,400/yr, she was complaining in the press about the high salary. I was told that she hated that job: the commute, the structured hours, the work. Sarah became aware that a member of this Commission (who was also the State Chair of the Republican Party) engaged in unethical behavior on the job. In a gutsy move which some undoubtedly cautioned her could be political suicide, Sarah solved all her problems in one fell swoop: got out of the job she hated and garnered gobs of media attention as the patron saint of ethics and as a gutsy fighter against the ‘old boys’ club’ when she dramatically quit, exposing this man’s ethics violations (for which he was fined). As Mayor, she had her hand stuck out as far as anyone for pork from Senator Ted Stevens. Lately, she has castigated his pork-barrel politics and publicly humiliated him. She only opposed the ‘bridge to nowhere’ after it became clear that it would be unwise not to. As Governor, she gave the Legislature no direction and budget guidelines, then made a big grandstand display of line-item vetoing projects, calling them pork. Public outcry and further legislative action restored most of these projects–which had been vetoed simply because she was not aware of their importance–but with the unobservant she had gained a reputation as ‘anti-pork’. She is solidly Republican: no political maverick. The State party leaders hate her because she has bit them in the back and humiliated them. Other members of the party object to her self-description as a fiscal conservative. Around Wasilla there are people who went to high school with Sarah. They call her ‘Sarah Barracuda’ because of her unbridled ambition and predatory ruthlessness. Before she became so powerful, very ugly stories circulated around town about shenanigans she pulled to be made point guard on the high school basketball team. When Sarah’s mother-in-law, a highly respected member of the community and experienced manager, ran for Mayor, Sarah refused to endorse her. As Governor, she stepped outside of the box and put together of package of legislation known as ‘AGIA’ that forced the oil companies to march to the beat of her drum. Like most Alaskans, she favors drilling in the Arctic National Wildlife Refuge. She has questioned if the loss of sea ice is linked to global warming. She campaigned ‘as a private citizen’ against a state initiative that would have either a) protected salmon streams from pollution from mines, or b) tied up in the courts all mining in the state (depending on who you listen to). She has pushed the State’s lawsuit against the Dept. of the Interior’s decision to list polar bears as threatened species. McCain is the oldest person to ever run for President; Sarah will be a heartbeat away from being President. There has to be literally millions of Americans who are more knowledgeable and experienced than she. However, there’s a lot of people who have underestimated her and are regretting it. CLAIM VS FACT •“Hockey mom”: true for a few years •“PTA mom”: true years ago when her first-born was in elementary school, not since •“NRA supporter”: absolutely true •social conservative: mixed. Opposes gay marriage, BUT vetoed a bill that would have denied benefits to employees in same-sex relationships (said she did this because it was unconsitutional). •pro-creationism: mixed. Supports it, BUT did nothing as Governor to promote it. •“Pro-life”: mixed. Knowingly gave birth to a Down’s syndrome baby BUT declined to call a special legislative session on some pro-life legislation •“Experienced”: Some high schools have more students than Wasilla has residents. Many cities have more residents than the state of Alaska. No legislative experience other than City Council. Little hands-on supervisory or managerial experience; needed help of a city administrator to run town of about 5,000. •political maverick: not at all •gutsy: absolutely! •open & transparent: ??? Good at keeping secrets. Not good at explaining actions. •has a developed philosophy of public policy: no •”a Greenie”: no. Turned Wasilla into a wasteland of big box stores and disconnected parking lots. Is pro-drilling off-shore and in ANWR. •fiscal conservative: not by my definition! •pro-infrastructure: No. Promoted a sports complex and park in a city without a sewage treatment plant or storm drainage system. Built streets to early 20th century standards. •pro-tax relief: Lowered taxes for businesses, increased tax burden on residents •pro-small government: No. Oversaw greatest expansion of city government in Wasilla’s history. •pro-labor/pro-union. No. Just because her husband works union doesn’t make her pro-labor. I have seen nothing to support any claim that she is pro-labor/pro-union. WHY AM I WRITING THIS? First, I have long believed in the importance of being an informed voter. I am a voter registrar. For 10 years I put on student voting programs in the schools. If you google my name (Anne Kilkenny + Alaska), you will find references to my participation in local government, education, and PTA/parent organizations. Secondly, I’ve always operated in the belief that “Bad things happen when good people stay silent”. Few people know as much as I do because few have gone to as many City Council meetings. Third, I am just a housewife. I don’t have a job she can bump me out of. I don’t belong to any organization that she can hurt. But, I am no fool; she is immensely popular here, and it is likely that this will cost me somehow in the future: that’s life. Fourth, she has hated me since back in 1996, when I was one of the 100 or so people who rallied to support the City Librarian against Sarah’s attempt at censorship. Fifth, I looked around and realized that everybody else was afraid to say anything because they were somehow vulnerable. CAVEATS I am not a statistician. I developed the numbers for the increase in spending & taxation 2 years ago (when Palin was running for Governor) from information supplied to me by the Finance Director of the City of Wasilla, and I can’t recall exactly what I adjusted for: did I adjust for inflation? for population increases? Right now, it is impossible for a private person to get any info out of City Hall–they are swamped. So I can’t verify my numbers. You may have noticed that there are various numbers circulating for the population of Wasilla, ranging from my “about 5,000”, up to 9,000. The day Palin’s selection was announced a city official told me that the current population is about 7,000. The official 2000 census count was 5,460. I have used about 5,000 because Palin was Mayor from 1996 to 2002, and the city was growing rapidly in the mid-90’s. Anne Kilkenny annekilkenny@hotmail.com August 31, 2008 SAVINGS BOND CALCULATOR Same friend: “When you do start reporting about money again, you might want to give out the following address – www.savingsbonds.com. Put in your bond’s security number and purchase date, it gives you today’s value. Works even for series I bonds.”