* This illustration originally appeared in the November 22, 2008 edition of The Washington Post.

Nothing became John McCain’s campaign like the ending of it. In a graceful and even moving concession speech on election night, he urged all Republicans to put aside their partisan differences and support Barack Obama as he grapples with the many challenges facing America. His audience was less than equally gracious; but that is hardly his fault.

There have been a few reminders in the closing stages of his doomed campaign of why Americans once fell in love with the guy. Another was his appearance on “Saturday Night Live” on November 1st. Standing next to Tina Fey—the woman whose impersonation of Sarah Palin has done more than anything to turn his campaign into a punchline—Mr McCain made light of his predicament. He could not afford half-an-hour of airtime on the major channels, like his rival, he claimed; so he was appearing on the shopping channel, making his case as best he could while also trying to “sell you some stuff”, such as a limited edition of “Joe action figures”—Joe the Plumber, Joe Sixpack and Joe Biden (pull the cord and he talks for 45 minutes). He also brought the house down at the Al Smith memorial dinner on October 16th. (more…)

Der Spiegal: Professor Noam Chomsky, cathedrals of capitalism have collapsed, the conservative government is spending its final weeks in office with nationalization plans. How does that make you feel?

Noam Chomsky: The times are too difficult and the crisis too severe to indulge in schadenfreude. Looking at it in perspective, the fact that there would be a financial crisis was perfectly predictable, its general nature, if not its magnitude. Markets are always inefficient.

DS: What exactly did you anticipate?

NC: In the financial industry, as in other industries, there are risks that are left out of the calculation. If you sell me a car, we have perhaps made a good bargain for ourselves. But there are effects of this transaction on others, which we do not take into account. There is more pollution, the price of gas goes up, there is more congestion. Those are the external costs of our transaction. In the case of financial institutions, they are huge.

DS: But isn’t it the task of a bank to take risks?

NC: Yes, but if it is well managed, like Goldman Sachs, it will cover its own risks and absorb its own losses. But no financial institution can manage systemic risks.
(more…)

It was not a debate. Just as television in prime time has been largely emptied of drama and innovative comedy, with a few exceptions, in favor of empty-headed “reality shows,” so the political debates have mostly been gutted.

Judging “how the candidates did” is rather like weighing in on the wittiness of the libretto of “Big Brother” or the pace of character development in the latest episode of “Keeping up with the Kardashians.” The genre of the political review assumes that both candidates are credible in their roles. It becomes self-parody when one candidate is a ditzy nonentity cynically foisted on the public in the same way a ‘reality show’ is, based on a targeted demographic and without regard to quality.

It reminded me of the excruciating first episodes every season of “American Idol,” when a single candidate is found who has the voice of an angel and then everyone else auditioned sounds like fingernails on a blackboard.

The news organizations and civic groups that sponsor political debates have allowed the campaigns to push them around so vigorously that nothing like a debate is any longer possible. The Bushies even tried to force the networks to hide the fact that John Kerry was taller than his rival in 2004. It is not about debating but about how your candidate looks on television. (more…)

The decision to make public a presidential order of last July authorizing American strikes inside Pakistan without seeking the approval of the Pakistani government ends a long debate within, and on the periphery of, the Bush administration. Sen. Barack Obama, aware of this ongoing debate during his own long battle with Sen. Hillary Clinton, tried to outflank her by supporting a policy of U.S. strikes into Pakistan. Sen. John McCain and vice presidential candidate Sarah Palin have now echoed this view, and so it has become, by consensus, official U.S. policy.

Its effects on Pakistan could be catastrophic, creating a severe crisis within the army and in the country at large. The overwhelming majority of Pakistanis are opposed to the U.S. presence in the region, viewing it as the most serious threat to peace.

Why, then, has the U.S. decided to destabilize a crucial ally? Within Pakistan, some analysts argue that this is a carefully coordinated move to weaken the Pakistani state yet further by creating a crisis that extends way beyond the badlands on the frontier with Afghanistan. Its ultimate aim, they claim, would be the extraction of the Pakistani military’s nuclear fangs. If this were the case, it would imply that Washington was indeed determined to break up the Pakistani state, since the country would very simply not survive a disaster on that scale. (more…)

Anchorage

I’ve been in Alaska only a week, but I’m already feeling ever so much smarter about Russia.

I can’t quite see it from my hotel window, but, hey, I know it’s out there somewhere, beyond all the stuffed bears and cruise ships and glaciers and oil derricks.

The proximity of the country from which William Seward bartered to buy Alaska for $7 million — Seward’s icebox — is so illuminating that I suddenly realize that we would commit a grave error by overestimating Russia’s economic strength. After all, it represents only 2.8 percent of the world’s G.D.P., even though its gross domestic product has ballooned from $200 billion in 1999 to $1.7 trillion this year.

But I overanalyze. (more…)

John McCain announced that he was running for president to confront the “transcendent challenge” of the 21st century, “radical Islamic extremism,” contrasting it with “stability, tolerance and democracy.” But the values of his handpicked running mate, Sarah Palin, more resemble those of Muslim fundamentalists than they do those of the Founding Fathers. On censorship, the teaching of creationism in schools, reproductive rights, attributing government policy to God’s will and climate change, Palin agrees with Hamas and Saudi Arabia rather than supporting tolerance and democratic precepts. What is the difference between Palin and a Muslim fundamentalist? Lipstick.

McCain pledged to work for peace based on “the transformative ideals on which we were founded.” Tolerance and democracy require freedom of speech and the press, but while mayor of Wasilla, Alaska, Palin inquired of the local librarian how to go about banning books that some of her constituents thought contained inappropriate language. She tried to fire the librarian for defying her. Book banning is common to fundamentalisms around the world, and the mind-set Palin displayed did not differ from that of the Hamas minister of education in the Palestinian government who banned a book of Palestinian folk tales for its sexually explicit language. In contrast, Thomas Jefferson wrote, “Our liberty cannot be guarded but by the freedom of the press, nor that be limited without danger of losing it.” (more…)