After party.

Just some random thoughts on the major party conventions, now that they’re over. Don’t have a lot of time to write this, so it’s going to be… well, random.

Tale of Two Crackers. Bill Clinton’s big speech on Wednesday night capped what seems to me like a political rehabilitation of monumental proportions. At some point, everybody started loving Bill Clinton, and he has become a major statesman … or as close to that as you can come in this age. It wasn’t terribly surprising to see this process happen with Ronald Reagan, who – despite having a spotty popularity rating during his presidency – the media always portrayed as wildly popular, and around whom an image-enhancement industry of sorts has been at work since his departure. But Clinton? Does anyone remember how denigrated he was throughout his presidency? I suppose people have gradually come to the realization that things weren’t so bad in the 1990s … since everything since then has pretty generally sucked.

That brings me to the second cracker – W. Bush. During Clinton’s long speech, while people were hanging on every word, it was hard not to think of W’s total absence from his own party’s convention, both in person and in rhetoric. If this election is truly about a competition between two distinct approaches to government, this contrast speaks volumes about the degree to which each vision (1) has a record of success and (2) is something its proponents can advance with confidence.

Turnaround. Is America ready for a turnaround, Romney-style? I think we’ve already gotten a piece of that. Matt Taibbi’s recent reporting on Mitt Romney’s history at Bain Capital illustrates a bit of what we can expect from a Romney administration. The short story is this: Like the corporate raiders of the 1980s, Bain would do leveraged buy-outs of companies – basically buy them on credit with relatively little money down. The resulting debt would then be held by the company. Then they would compel the company to monetize its assets for dividend payments to its new shareholders – the people at Bain and its partners. What is left is the husk of a company that had already been under stress before Bain’s arrival and is now buried under a crushing debt burden, its assets sold off to enrich others.

That’s the Romney plan for America, in a nutshell. The G.O.P., if elected, will do what it always does – borrow massively (i.e. leverage), cut taxes for the rich (i.e. dividend payment to investors), privatize (i.e. monetize assets), and deregulate. You don’t need an MBA to figure out where that’s headed.

luv u,

jp

Mis takes.

All I’ve got is a three and a deuce. You’ve got queens? Christ almighty, Mitch. What do you have, a printing press over there? Isn’t that the third hand like that you’ve…. Oh, wait a minute, I have to get to work here…

Hi, everyone. It is I, Joe Perry of Big Green. No, not Joe Perry of Aerosmith. The other Joe Perry. And on behalf of the other members of Big Green, as well as assorted denizens of their entourage, I have been asked to make the following statement. This is NOT a test. This is an ACTUAL OFFICIAL STATEMENT from the band Big Green. Ahem.

The founding members of Big Green, Joseph M. Perry and Matthew J. Perry, hereby disavow and deny any connection, either familial or professional, with the group known as The Band Perry. Any claims made by any person or persons suggesting such a connection are patently false and possibly malicious. Big Green shall henceforth neither confirm nor deny any such claims, as the members feel that this statement is sufficient response. 

There. Now that that’s dispensed with…. Why did we feel the need to do this? Well…. with our new album Cowboy Scat: Songs in the Key of Rick now in the final phase of production – an album that features more than one country western-themed composition – we felt it necessary to draw a sharp line between ourselves and a country group that has appropriated OUR family name, one that has performed in central New York TWICE this year already. Given the confusion over my name and that of the guitarist from Aerosmith, it seemed silly to risk confusing the public even more on the eve of the launch of our new album. Yeah, I know… they’re young, have good hair, and are well rehearsed, and we…. well, we have none of those things. There’s something to be said for due diligence, my friends.

That said, Big Green has, with the help of Marvin (my personal robot assistant), been carrying out a project that demonstrates a profound lack of due diligence. It’s a collection of sound files called Fade-Out Grooves that we’ve been releasing into the wild via Twitter ( @BigGreenJoe ).  These are the drawn-out hairy endings of songs we’ve recorded and mixed – basically, all of the junk that happens after the fade out. Don’t know about you, but I always wondered how songs that fade-out actually end. Well … now you can know the answer to that conundrum.

So… think of these as appetizers, just to keep you busy until the main course arrives.

Crying thief.

My guess is that Marco Rubio is speaking now as I write these lines, serving up a fitting introduction for the nominee – or Rominee – of last resort for the Republican party. A speech filled with platitudes about freedom from, I don’t know, the tyranny of a pension or reliable health insurance in your old age, spoken by the son of escapees from communist Cuba. As Ryan put it on Wednesday night, the present-day G.O.P. sees everything to the left of Ayn Rand as sclerotic socialism, including legislative initiatives – like the individual mandate and cap and trade – that they themselves invented only a handful of years ago. (Ryan himself couldn’t even stick to his Randian creed for three minutes, decrying a nanny state where “everything is free except you” then paying tribute to the Medicare his mother purportedly depends on.)

I don’t know about these guys, but that “everything free” part probably sounds pretty attractive to a lot of Americans right now. While they equate Obama with Castro, Barry is much, much closer to them than he is to the bearded one in Havana. Would that he had put his shoulder behind expanding Medicare instead of this republican inspired, Heritage Foundation formulated health insurance scheme they call “Obamacare”. Would that he had committed himself to full employment along the lines of what Robert Pollin is recommending, among others. Those are positions worth defending. The problem Obama has right now is not the Republicans … it is his own flaccid liberalism, hopelessly compromised from the first stage of negotiation.

In truth, the Republicans, led by millionaire Romney, should be easy as hell to beat. They have zero credibility on the economy, no track record to speak of. Obama at least had the Clinton years – what does Romney have? The Republicans crashed the economy; now they want the driver’s seat back. They nearly destroyed the empire it took decades of rapacious interventionism to build. They have an ex-president, a mere four years out of office, that played no role in their convention. Did anyone mention him even once? They appear to think that by disowning the historically incompetent Bush/Cheney and pretending not to remember their tenure that they can induce amnesia amongst the rest of the body politic. They believe that by pointing elsewhere and crying “thief”, they can rob again.

Now that the balloons have fallen on Romney/Ryan (and we have been treated to the spectacle of evident dementia-sufferer Clint Eastwood rambling aimlessly on national television), it’s fair to respond to that question they always ask four years into an opponent’s presidency – namely, are you better off than you were four years ago. Four years ago, we were in free fall, the credit system of the world’s largest economy was shutting down, and hundreds of thousands were being thrown out of work. Four years ago, Bush’s war of choice in Iraq was still killing young soldiers by the dozen. Unless you’re as demented as Clint Eastwood, you probably remember all that.

Yes, we’re better off than we were in 2008. Still not good, but it takes a lot of work to get out of a hole as deep as the one Romney’s party dug us into.

luv u,

jp

Weird ass music since 1986