What Would Dick Think? (WWDT)
Reality is becoming more like a Philip Dick novel all the time.


This blog is comin' straight outta Canton (Baltimore, MD)



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Sunday, February 22, 2004
 

The Dollar ain't what it used to be...

The Baltimore Sun reports that Chinese perceptions of U.S. currency are a-changin':

BEIJING - The first time Ding Linfeng was ever given U.S. dollars, in 1992, he never actually put the currency in his wallet. The money came as a $100 check from an American company, and he took the check straight to the Bank of China, where he kept the money safe - in dollars, not the Chinese renminbi, or "RMB."

"We didn't see RMB at that time as a real currency," Ding recalled, relaxing with a cup of coffee in a central Beijing Starbucks. For most Chinese, the U.S. dollar was "like gold," Ding said. "Even if they had quite small amounts of U.S. dollars, they would keep it, never touch it, because it was real. Real money."

That kind of thinking is becoming the stuff of nostalgia here, where a booming economy has sharply lifted the purchasing power of the Chinese people, especially in the cities. China's RMB not only seems to be "real money," but some Chinese urban professionals, such as Ding, are suddenly changing their long-held U.S. dollars into RMB.

[snip]

To Chinese professionals, their precious U.S. dollars are not looking quite as precious anymore.

"We have to do something to deal with this situation," said Ding, an engineer in Beijing for the Boeing Co. "We are not willing to see our deposits shrink."

Ding and his wife, who also works for an American company, decided this week to do something: They plan to exchange up to two-thirds of their U.S. dollar savings - or $20,000 - into RMB.

Some of their friends, including an employee at the Bank of China, are doing the same, in some cases trading all their dollars for Chinese currency.
7:20:58 PM    comment []


Conservative Hatred of the Bush Administration?

Jeez, look at all the irrational hatred of President Bush in the newspapers this week.

Only this time, it's coming from his base of support ...

ITEM #1: Republicans are up in arms over Bush's illegal immigration proposal.

In California:

An uproar over illegal immigration roiled the state Republican convention on Saturday as party leaders struggled to keep the rank and file united behind Gov. Arnold Schwarzenegger and President Bush.

Hundreds of GOP loyalists booed the president at a rally where U.S. Senate hopeful Howard Kaloogian and his allies denounced Bush's plan to give temporary legal status to undocumented workers.

"Enough is enough!" the crowd shouted. "Enough is enough!"

More here.

[via Atrios]

In Illinois:

Amid the crowded field of Republicans vying for a seat in the Senate here, Jim Oberweis seems a most unlikely insurgent. He is a wealthy supporter of President Bush who favors pinstriped suits, tax cuts and a constitutional amendment blocking same-sex marriage.

But in recent weeks, Mr. Oberweis, a plainspoken dairy owner, has become a leader in a widening conservative revolt against the president's sweeping plan to grant temporary legal status to millions of illegal immigrants.

"The president's plan is just plain wrong," Mr. Oberweis says in a radio advertisement and at public appearances that have drawn hundreds of supporters to his campaign. "I want to be the voice for Illinois voters to tell the president we think illegal immigration cannot be rewarded with amnesty."

More here.

ITEM #2: Republican states are rejecting "No Child Left Behind"

In Utah:

It was 8 p.m., and Ken Meyer was smiling gamely from a gloomy high school stage at an audience of disgruntled teachers and parents to whom he had been introduced as "a bigwig from Washington," come to Utah to explain President Bush's centerpiece education law.

A former math teacher was at a microphone, arguing that it would cost $1 billion for the state to carry out the law's requirements, while the federal government gives Utah only about $100 million.

"That's like sending a child for $10 worth of groceries and giving him just $1 to buy them," the former teacher said.

[snip]

Mr. Meyer's trip this week was the second Bush administration mission in two weeks to Utah. A five-person delegation this month defended the law to lawmakers, but the Republican-controlled Utah House nevertheless voted 64 to 8 on Feb. 10 not to comply with any provisions not fully financed by federal money. That measure now awaits Senate action.

In Virginia:

Last month, the Republican-controlled Virginia House of Delegates passed a resolution, 98 to 1, urging Congress to exempt Virginia from the law. That vote came after Rod Paige, the education secretary, and other administration officials met with Virginia lawmakers, said James H. Dillard II, chairman of the House Education Committee.

"Six of us met with Paige," Mr. Dillard, a Republican, said. "He looked us in the eye and said, `It's fully funded.' We looked him back in the eye and said, `We don't think so.' "

"We got platitudes and stonewalls, but no corrective action," he said.

More here.

ITEM #3: Many Republicans and Independents who voted for Bush in 2000 are leaning towards defecting.

In the 2000 presidential election, Bill Flanagan a semiretired newspaper worker, happily voted for George W. Bush. But now, shaking his head, he vows, "Never again."

"The combination of lies and boys coming home in body bags is just too awful," Mr. Flanagan said, drinking coffee and reading newspapers at the local mall. "I could vote for Kerry. I could vote for any Democrat unless he's a real dummy."

Mr. Flanagan is hardly alone, even though polls show that the overwhelming majority of Republicans who supported Mr. Bush in 2000 will do so again in November. In dozens of random interviews around the country, independents and Republicans who said they voted for Mr. Bush in 2000 say they intend to vote for the Democratic presidential candidate this year. Some polls are beginning to bolster the idea of those kind of stirrings among Republicans and independents.

[snip]

While sharing a sandwich at the stylish Beachwood Mall in this Cleveland suburb, one older couple -- a judge and a teacher -- reluctantly divulged their secret: though they are stalwarts in the local Republican Party, they are planning to vote Democratic this year.

"I feel like a complete traitor, and if you'd asked me four months ago, the answer would have been different," said the judge, after assurances of anonymity. "But we are really disgusted. It's the lies, the war, the economy. We have very good friends who are staunch Republicans, who don't even want to hear the name George Bush anymore."

[snip]

George Meagher, a Republican who founded and now runs the American Military Museum in Charleston, S.C., said he threw his "heart and soul" into the Bush campaign four years ago. He organized veterans to attend campaign events, including the campaign's kickoff speech at the Citadel. He even has photographs of himself and his wife with Mr. Bush.

"Given the outcome and how dissatisfied I am with the administration, it's hard to think about now," he said. "People like me, we're all choking a bit at not supporting the president. But when I think about 500 people killed and what we've done to Iraq. And what we've done to our country. I mean, we're already $2 trillion in debt again."

A nationwide CBS News poll released Feb. 16 found that 11 percent of people who voted for Mr. Bush in 2000 now say they will vote for the Democratic candidate this fall. But there was some falloff among those who voted against him as well. Five percent of people who said they voted for Mr. Gore in 2000 say this time they will back Mr. Bush.

ITEM #4: Contrary to the impression Bush has given lately (See my comments here and here), even "NASCAR Dads" aren't totally in his corner.

A recent ABC News analysis of the exit polls from the 2000 election concluded that the "NASCAR dads" aren't swing voters at all, but, rather, a small and solid part of Bush's core constituency. It may not be worth it for Democrats to pursue these fans, some experts say.

Apparently they weren't in Daytona.

Just before the race began, people were becoming impatient to get to their seats, and the increased security prompted by Bush's visit was slowing things down. To my left, I heard someone ask, "Who's voting for Bush?" Someone else instantly responded, "Not me." I turned back to see who'd spoken, but I was no match for the hundreds of people behind me pressing onward.

Then, suddenly, we stopped.

A few feet away, I could see police officers and orange-vested security agents holding the crowd back. It wasn't long before everyone realized we were being delayed until Bush had completed his entrance into the stadium.

After only a minute's pause, people started grumbling. Soon, they started yelling at the security detail. A few minutes more and they'd turned their ire on the president himself.

"We want to see the race, not Bush!" shouted someone in the crowd.

"Why didn't that SOB stay in Washington?" screamed Doug Shelby, the loudest of the voices.

This is Bush's base?

[snip]

Then Bush's motorcade drove by. One middle finger went up in the crowd, then another, and soon they were everywhere.

Blind rage, venom, nastiness... there is no rational basis for negative thoughts about our President.

Clearly we're talking about a disease here that is starting to reach epidemic proportions.

The CDC recommends increased viewership of the Fox News Network (except for Bill O'Reilly).

If the situation becomes drastic, the CDC further recommends an invasion of Syria.
5:37:01 PM    comment []


Your kung-fu is strong...

A picture named rum5.gif

... but Rummy's kung-fu is stronger.

(Photo: the swooping crane maneuver -- when successfully performed, no defense.)

[via Cursor]
1:46:43 AM    comment []


Dennis Miller introduces chimp to show

No, not the chimp. But he is indeed fond of the President:

"I like [Bush]," Miller explained. "I'm going to give him a pass. I take care of my friends."

No, he's actually putting a pet chimp on his TV show. And that spells certain death.

The surest sign of desperation for a TV show is the introduction of the cute child or pet. Remember cousin Oliver on the Brady Bunch? Or Scrappy Doo?

It hasn't been a month, and it's already over.
1:40:52 AM    comment []


Bush sets new fund-raising record

From the LA Times (but printed in the Baltimore Sun):

President Bush's re-election campaign reported yesterday raising a record $143.5 million through Jan. 31 and had $104.4 million in the bank, a bankroll it will tap heavily once Democrats settle on a nominee.

Bush's campaign also announced it attracted 50,000 new contributors as it raised $12.8 million in January. The president is on track to reach his goal of $170 million in total contributions by April, if not earlier.

By comparison, Kerry raised approximately $9 million, and Edwards raised about $2 million, and received an additional $3.4 million in public financing.

When informed of Bush's fund-raising record, columnist George Will reportedly said that it was "an embarrassment" to American politics and that such "revenue disparaties" would ruin the "competitive balance" of fair, democratic elections.

Err, I'm sorry. I got my stories mixed up there. He was actually talking about baseball. But surely he means to apply the sentiments broadly.

At any rate, experts also thought that Bush's fund-raising would undermine the GOP's recent claims that Kerry is especially beholden to special interests:

"You have huge amounts of money flowing to him from the financial services industry and the real estate and development interests all across the country," said Dwight L. Morris, a Virginia-based campaign finance analyst. "If you have nearly $105 million in the bank, you can't be throwing stones about special interests."

According to Morris' analysis of campaign data, the Bush campaign has benefited the most from donors tied to Pricewaterhousecoopers LLP ($409,000); Merrill Lynch and Co. ($396,000) and UBS Financial Services ($283,000).

I'm amazed that the accounting and financial services industries would be so willing to donate to Bush -- what, with the way he harshly cracked down on them. Perhaps they felt guilty.

Steven Jarding, former Edwards fund-raiser and fellow at Harvard's Institute of Politics, agreed with George Will's sentiments (yeah, yeah, they were about baseball, but still...):

"It can be unbelievably damaging ... The danger is that the race is effectively over before it starts."
12:44:22 AM    comment []



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