Today's Super Yankee In The NY Fishwrap: The Butcher, Cobra, Flatster, Nickster, & Dude

The Butcher ^[1] reviews — actually, eviscerates — The Geezer's week. The Cobra^[2] finds The Hopester wanting in Debate #1 because he neither channeled President Jeb Bartlett from "West Wing" nor did The Hopester force The Geezer to channel Colonel Nathan Jessep in "A Few Good Men." Hooray for Hollywood! The #3 hitter, The Flatster^[3] continues to press the need for an ET (Energy Technology, not Phil Gramm) Revolution. We need a buildup as much as we need a bailout. The cleanup hitter, The Nickster^[4], disects The Geezer's impish (I³) nature. May the Lord (of your choice) spare us from an I³ presidency. The Dubster is just dumber than dirt. The Geezer is nuts! Finally, The Dude (Tom Wolfe in the ever-present white suit)^[5], provides a report on the financial health of The Masters of The Universe who still sleep with the Dreams of Avarice dancing in their heads. Greed is ageless. If this is (fair & balanced) good writing: clear, tightly structured, grammatically and syntactically correct, substantive, and interesting, so be it.

P.S.: Don't forget the Vannevar Bush/Tim Berners-Lee Drill: click on the hyperlinks (bracketed numeric characters) to go where you will in this swamp of opinion and invective. Or, not. The choice, dear visitor, is yours.
[1] The Butcher
[2] The Cobra
[3] The Flatster
[4] The Nickster
[5] The Dude

[x NY Fishwrap]
[1]
McCain’s Suspension Bridge To Nowhere
By Frank Rich

What we learned last week is that the man who always puts his “country first” will take the country down with him if that’s what it takes to get to the White House.

For all the focus on Friday night’s deadlocked debate, it still can’t obscure what preceded it: When John McCain gratuitously parachuted into Washington on Thursday, he didn’t care if his grandstanding might precipitate an even deeper economic collapse. All he cared about was whether he might save his campaign. George Bush put more deliberation into invading Iraq than McCain did into his own reckless invasion of the delicate Congressional negotiations on the bailout plan.

By the time he arrived, there already was a bipartisan agreement in principle. It collapsed hours later at the meeting convened by the president in the Cabinet Room. Rather than help try to resuscitate Wall Street’s bloodied bulls, McCain was determined to be the bull in Washington’s legislative china shop, running around town and playing both sides of his divided party against Congress’s middle. Once others eventually forged a path out of the wreckage, he’d inflate, if not outright fictionalize, his own role in cleaning up the mess his mischief helped make. Or so he hoped, until his ignominious retreat.

The question is why would a man who forever advertises his own honor toy so selfishly with our national interest at a time of crisis. I’ll leave any physiological explanations to gerontologists — if they can get hold of his complete medical records — and any armchair psychoanalysis to the sundry McCain press acolytes who have sorrowfully tried to rationalize his erratic behavior this year. The other answers, all putting politics first, can be found by examining the 24 hours before he decided to “suspend” campaigning and swoop down on the Capitol to save America from the Sunnis or the Shia, or whoever perpetrated all those credit-default swaps.

To put these 24 hours in context, you must remember that McCain not only knows little about the economy but that he has not previously expressed any urgency about its meltdown. It was on Sept. 15 — the day after his former idol Alan Greenspan pronounced the current crisis a “once-in-a-century” catastrophe — that McCain reaffirmed for the umpteenth time that the “fundamentals of our economy are strong.” As recently as Tuesday he had not yet even read the two-and-a-half-page bailout proposal first circulated by Hank Paulson last weekend. “I have not had a chance to see it in writing,” he explained. (Maybe he was waiting for it to arrive by Western Union instead of PDF.)

Then came Black Wednesday — not for the stock market, which was holding steady in anticipation of Washington action, but for McCain. As the widely accepted narrative has it, his come-to-Jesus moment arrived that morning, when he awoke to discover that Barack Obama had surged ahead by nine percentage points in the Washington Post/ABC News poll. The McCain campaign hastily suited up its own pollster to belittle that finding — only to be drowned out by a fusillade of new polls from Fox News, Marist and CNN/Time, each with numbers closer to Post/ABC than not. Obama was rising most everywhere except the moose strongholds of Alaska and Montana.

That was not the only bad news raining down on McCain. His camp knew what Katie Couric had in the can from her interview with Sarah Palin. The first excerpt was to be broadcast by CBS that night, and it had to be upstaged fast.

But even that wasn’t the top political threat McCain faced last week. Bigger still was the mounting evidence of the seamless synergy between his campaign and Fannie Mae and Freddie Mac, the mortgage monsters at the heart of the housing bust that set off our current calamity. Most of all, it was the fast-moving events on that front that precipitated his panic to roll out his diversionary, over-the-top theatrics on Wednesday.

What we were learning — through The New York Times, Newsweek, and Roll Call — was ugly. Davis Manafort, the lobbying firm owned by McCain’s campaign manager, Rick Davis, had received $15,000 a month from Freddie Mac from late 2005 until last month. This was in addition to the $30,000 a month that Davis was paid from 2000 to 2005 by the so-called Homeownership Alliance, an advocacy organization that he headed and that was financed by Freddie and Fannie to fight regulation.

The McCain campaign tried to pre-emptively deflect such revelations by reviving the old Rove trick of accusing your opponent of your own biggest failings. It ran attack ads about Obama’s own links to the mortgage giants. But neither of the former Freddie-Fannie executives vilified in those ads, Franklin Raines and James Johnson, had worked at those companies lately or are currently associated with the Obama campaign. (Raines never worked for the campaign at all.) By contrast, Davis is the tip of the Freddie-Fannie-McCain iceberg. McCain’s senior adviser, his campaign’s vice chairman, his Congressional liaison and the reported head of his White House transition team all either made fortunes from recent Freddie-Fannie lobbying or were players in firms that did.

By Wednesday, the McCain campaign’s latest tactic for countering this news — attacking the press, especially The Times — was paying diminishing returns. Davis abruptly canceled his scheduled appearance that day at a weekly reporters’ lunch sponsored by The Christian Science Monitor, escaping any further questions by pleading that he had to hit the campaign trail. (He turned up at the “21” Club in New York that night, wining and dining McCain fund-raisers.)

It’s then that Angry Old Ironsides McCain suddenly emerged to bark that our financial distress was “the greatest crisis we’ve faced, clearly, since World War II” — even greater than the Russia-Georgia conflict, which in August he had called the “first probably serious crisis internationally since the end of the cold war.” Campaigns, debates and no doubt Bristol Palin’s nuptials had to be suspended immediately so he could ride to the rescue, with Joe Lieberman as his Robin.

Yet even as he huffed and puffed about being a “leader,” McCain took no action and felt no urgency. As his Congressional colleagues worked tirelessly in Washington, he malingered in New York. He checked out the suffering on Main Street (or perhaps High Street) by conferring with Lady Lynn Forester de Rothschild, the Hillary-turned-McCain supporter best known for her fabulous London digs and her diatribes against Obama’s elitism. McCain also found time to have a well-publicized chat with one of those celebrities he so disdains, Bono, and to give a self-promoting public speech at the Clinton Global Initiative.

There was no suspension of his campaign. His surrogates and ads remained on television. Huffington Post bloggers, working the phones, couldn’t find a single McCain campaign office that had gone on hiatus. This “suspension” ruse was an exact replay of McCain’s self-righteous “suspension” of the G.O.P. convention as Hurricane Gustav arrived on Labor Day. “We will put aside our political hats and put on our American hats,” he declared then, solemnly pledging that conventioneers would help those in need. But as anyone in the Twin Cities could see, the assembled put on their party hats instead, piling into the lobbyists’ bacchanals earlier than scheduled, albeit on the down-low.

Much of the press paid lip service to McCain’s new “suspension” as it had to its prototype. In truth, the only campaign activity McCain did drop was a Wednesday evening taping with David Letterman. Don’t mess with Dave. Picking up where the “The View” left off in speaking truth to power, the uncharacteristically furious host hammered the absent McCain on and off for 40 minutes, repeatedly observing that the cancellation “didn’t smell right.”

In a journalistic coup de grâce worthy of “60 Minutes,” Letterman went on to unmask his no-show guest as a liar. McCain had phoned himself that afternoon to say he was “getting on a plane immediately” to deal with the grave situation in Washington, Letterman told the audience. Then he showed video of McCain being touched up by a makeup artist while awaiting an interview by Couric that same evening at another CBS studio in New York.

It’s not hard to guess why McCain had blown off Letterman for Couric at the last minute. The McCain campaign’s high anxiety about the disastrous Couric-Palin sit-down was skyrocketing as advance excerpts flooded the Internet. By offering his own interview to Couric for the same night, McCain hoped (in vain) to dilute Palin’s primacy on the “CBS Evening News.”

Letterman’s most mordant laughs on Wednesday came when he riffed about McCain’s campaign “suspension”: “Do you suspend your campaign? No, because that makes me think maybe there will be other things down the road, like if he’s in the White House, he might just suspend being president. I mean, we’ve got a guy like that now!”

That’s no joke. Bush has so little credibility he can govern only through surrogates (Paulson is the new Petraeus). When he spoke about the economic crisis in prime time earlier that same night, he registered as no more than an irritating speed bump en route to “David Blaine: Dive of Death.”

It’s that utter power vacuum that gave McCain the opening to pull his potentially catastrophic display of economic “leadership” last week. He may be the first presidential candidate in our history to risk wrecking the country even before being voted into the Oval Office.

[Frank Rich is an op-ed columnist for The New York Times who writes a weekly 1500-word essay on the intersection of culture and news. Rich has been at the paper since 1980. His columns and articles for the Week in Review, the Arts & Leisure section and the Magazine draw from his background as a theater critic and observer of art, entertainment and politics. Before joining the Times, Rich was a film critic at Time magazine, the New York Post, and New Times magazine. He was a founding editor of the Richmond (Va.) Mercury, a weekly newspaper, in the early 1970s. Rich is the author of a childhood memoir, Ghost Light (2000), a collection of drama reviews, Hot Seat: Theater Criticism for The New York Times, 1980-1993 (1998), and The Theatre Art of Boris Aronson (with Lisa Aronson, 1987). Rich is a graduate of the Washington, DC public schools. He earned a BA degree in American History and Literature from Harvard College in 1971.]

[2]
Sound, but No Fury
By Maureen Dowd

The first debate seemed like the perfect moment for Barack Obama to re-enact the Code Red courtroom scene from “A Few Good Men,” to slide under John McCain’s skin and irritate until he goaded McCain into doing exactly what he really wanted to do: tell off the whippersnapper who’d never bled for his country.

It would have been easy for smarty-pants Obama to get in the face of the temperamental older guy, just as Tom Cruise did with Jack Nicholson, to push him into erupting into some version of that climactic speech, like, “Deep down, in places you don’t talk about at your fancy faculty club, you want me on that wall, you need me on that wall.”

The timing was ideal. McCain was so aggressively erratic as he did his free-form break dance around the economy last week that it seemed the only possible explanation was that he was creating a wild diversion to distract people from Sarah Palin’s stunningly junior varsity appearance with Katie Couric.

Once Garbo began to speak, and people realized that Palin had a few key lacunae in her understanding of the globe and even of her running mate’s record, the myth of the Alaska superwoman continued to unravel.

Between her nonsensical answers and his complicity in the deregulation that led to the financial catastrophe, he felt he needed to take another crazy gamble.

So he theatrically suspended his campaign and rushed back to get in the way of a bipartisan solution to the economic turmoil. When the two macho guys of the Republican Party — W. and McCain — took extreme measures not to look emasculated, they ended up emasculating themselves.

The president, who is so insecure that he could only choose a vice president he knew would never hold his title, and so insecure that he needs proof of presidency emblazoned everywhere, even riding a Trek bike with the presidential seal affixed, was suddenly faced with his bête noire: sitting at a table in the White House with the two men who want his job, either of whom would do a better job, given that nearly everyone in the country thinks things are going horribly.

McCain lost control of his campaign and then, in a gimmicky attempt to gain back ground, ended up in the Cabinet Room with W. when the bipartisan economic meeting collapsed in a humiliating nondeal, causing President Bush to lose control of his White House.

It was quite a memorable moment in history for the M.B.A. president and the nominee of the party of business. Who would have dreamed that when socialism finally came to the U.S.A. it would be brought not by Bolsheviks in blue jeans but Wall Street bankers in Gucci loafers?

The Republicans had a lot to answer for. The Bush administration had been warned about Osama bin Laden attacking and did nothing. It had been warned that there would be a civil war and insurgency if it attacked Iraq. It had been warned that Katrina was coming. It had been warned that the country’s financial casinos were courting disaster.

W. biked through all those eves of destruction.

Given the past week, the debate should have been a cinch for Obama. But, just as in the primaries, he willfully refuses to accept what debates are about. It’s not a lecture hall; it’s a joust. It’s not how cerebral you are. It’s how visceral you are. You need memorable, sharp, forceful and witty lines.

Even when McCain sneered, “I don’t need any on-the-job training, I’m ready to go at it right now,” Obama didn’t directly respond, but veered off into a story about his father being from Kenya and how he got his name. (Thanks, Barack, we got that from your book. It’s great for a memoir, but not a debate.)

McCain kept painting Obama as naïve, and dangerous, insisting that he “doesn’t quite understand or doesn’t get it.”

Obama should have responded “Senator, I understand perfectly, I’m just saying you’re wrong.”

On the surge, he could have said that McCain was the arsonist who wanted to be praised for the great job he’s doing putting out the fire he started.

When Obama took quiet umbrage at McCain’s attack about troop-funding, he could have pounded the lectern and said with real anger: “John, I am sick and tired of you suggesting that I would take funds away from our brave soldiers. I no more voted for that than you did when you voted against our funding proposals that would have imposed a timetable. And unlike you, I did not vote against funding increases for the troops that have come home with devastating physical and mental injuries.”

And who cares what Henry Kissinger thinks? He was wrong 35 years ago, and it’s only gotten worse since then.

Obama did a poor job of getting under McCain’s skin. Or maybe McCain did an exceptional job of not letting Obama get under his skin. McCain nattered about earmarks and Obama ran out of gas.

We’re left waiting for a knockout debate. On to Palin-Biden.

[Maureen Dowd is a Washington D.C.-based op-ed columnist for The New York Times. She has worked for the Times since 1983, when she joined as a metropolitan reporter. In 1999, Dowd was awarded a Pulitzer Prize for her series of columns on the Monica Lewinsky scandal. Dowd received a B.A. in English from Catholic University in Washington, D.C.]

[3]
Green the Bailout
By Thomas L. Friedman

Many things make me weep about the current economic crisis, but none more than this brief economic history: In the 19th century, America had a railroad boom, bubble and bust. Some people made money; many lost money. But even when that bubble burst, it left America with an infrastructure of railroads that made transcontinental travel and shipping dramatically easier and cheaper.

The late 20th century saw an Internet boom, bubble and bust. Some people made money; many people lost money, but that dot-com bubble left us with an Internet highway system that helped Microsoft, I.B.M., and Google to spearhead the I.T. revolution.

The early 21st century saw a boom, bubble and now a bust around financial services. But I fear all it will leave behind are a bunch of empty Florida condos that never should have been built, used private jets that the wealthy can no longer afford and dead derivative contracts that no one can understand.

Worse, we borrowed the money for this bubble from China, and now we have to pay it back — with interest and without any lasting benefit.

Yes, this bailout is necessary. This is a credit crisis, and credit crises involve a breakdown in confidence that leads to no one lending to anyone. You don’t fool around with a credit crisis. You have to overwhelm it with capital. Unfortunately, some people who don’t deserve it will be rescued. But, more importantly, those who had nothing to do with it will be spared devastation. You have to save the system.

But that is not the point of this column. The point is, we don’t just need a bailout. We need a buildup. We need to get back to making stuff, based on real engineering not just financial engineering. We need to get back to a world where people are able to realize the American Dream — a house with a yard — because they have built something with their hands, not because they got a “liar loan” from an underregulated bank with no money down and nothing to pay for two years. The American Dream is an aspiration, not an entitlement.

When I need reminding of the real foundations of the American Dream, I talk to my Indian-American immigrant friends who have come here to start new companies — friends like K.R. Sridhar, the founder of Bloom Energy. He e-mailed me a pep talk in the midst of this financial crisis — a note about the difference between surviving and thriving.

“Infants and the elderly who are disabled obsess about survival,” said Sridhar. “As a nation, if we just focus on survival, the demise of our leadership is imminent. We are thrivers. Thrivers are constantly looking for new opportunities to seize and lead and be No. 1.” That is what America is about.

But we have lost focus on that. Our economy is like a car, added Sridhar, and the financial institutions are the transmission system that keeps the wheels turning and the car moving forward. Real production of goods that create absolute value and jobs, though, are the engine.

“I cannot help but ponder about how quickly we are ready to act on fixing the transmission, by pumping in almost one trillion dollars in a fortnight,” said Sridhar. “On the other hand, the engine, which is slowly dying, is not even getting an oil change or a tuneup with the same urgency, let alone a trillion dollars to get ourselves a new engine. Just imagine what a trillion-dollar investment would return to the economy, including the ‘transmission,’ if we committed at that level to green jobs and technologies.”

Indeed, when this bailout is over, we need the next president — this one is wasted — to launch an E.T., energy technology, revolution with the same urgency as this bailout. Otherwise, all we will have done is bought ourselves a respite, but not a future. The exciting thing about the energy technology revolution is that it spans the whole economy — from green-collar construction jobs to high-tech solar panel designing jobs. It could lift so many boats.

In a green economy, we would rely less on credit from foreigners “and more on creativity from Americans,” argued Van Jones, president of Green for All, and author of the forthcoming The Green Collar Economy. “It’s time to stop borrowing and start building. America’s No. 1 resource is not oil or mortgages. Our No. 1 resource is our people. Let’s put people back to work — retrofitting and repowering America. ... You can’t base a national economy on credit cards. But you can base it on solar panels, wind turbines, smart biofuels and a massive program to weatherize every building and home in America.”

The Bush team says that if this bailout is done right, it should make the government money. Great. Let’s hope so, and let’s commit right now that any bailout profits will be invested in infrastructure — smart transmission grids or mass transit — for a green revolution. Let’s “green the bailout,” as Jones says, and help ensure that the American Dream doesn’t ever shrink back to just that — a dream.

[Thomas L. Friedman (3-time Pulitzer Prize winner: 1983, 1988, and 2002) is an op-ed contributor to The New York Times, whose column appears twice weekly and mainly addresses topics on foreign affairs. Friedman is known for supporting a compromise resolution to the Israeli-Palestinian conflict, modernization of the Arab world, environmentalism and globalization. His books discuss various aspects of international politics from a neoliberal perspective on the American political spectrum. In 1975, Friedman received a bachelor of arts in Mediterranean studies from Brandeis University in 1973. He then attended St Antony's College at the University of Oxford on a Marshall Scholarship, earning a master of arts in Middle Eastern studies.]

[4]
Impulsive, Impetuous, Impatient
By Nicholas D. Kristof

Suppose John McCain had been in the White House in October 1962, facing one of the great tests of the modern presidency. If so, we might remember that period not as “the Cuban missile crisis” but as “World War III.”

As Mr. McCain demonstrated in Friday evening’s debate, he is a serious foreign policy thinker who has traveled widely, and he certainly showed vision and bipartisanship in helping to repair relations with Vietnam. But it’s equally clear that in recent years Mr. McCain has become impish cubed — impulsive, impetuous and impatient — and those are perilous qualities in a commander in chief.

Although he is frantically trying to distance himself from President Bush, Mr. McCain, by his own accounting, would be more Bushian in foreign policy than even Mr. Bush is now. While Mr. Bush has been forced to accept more sensible policies in his second term, Mr. McCain has become steadily more of a neocon in the cowboy role that Mr. Bush played in his first term, prone to solving problems with stealth bombers rather than United Nations resolutions.

Judging from Mr. McCain’s own positions, he might well revive a cold war with Russia and could start a hot war with Iran or North Korea. In those three hot spots, Mr. McCain could constitute a dangerous gamble for this country:

Iran seems determined to continue its uranium enrichment and will be vexing for any president. But Mr. Bush, under the influence of Bob Gates and Condoleezza Rice, has realized that the best hope is diplomacy and negotiation. In contrast, Mr. McCain denounces Barack Obama’s call for direct talks with Iranian leaders and speaks openly about the possibility of bombing Iranian nuclear sites.

“There’s only one thing worse than military action against Iran, and that is a nuclear-armed Iran,” Mr. McCain has told me and others, repeating the line regularly. That’s a nice sound bite, but it suggests that if Iran continues to enrich uranium he would feel obliged to launch airstrikes. And while Mr. McCain understands the lack of any effective military solution (we don’t even know exactly what to hit), he can sound cavalier about a new war. When a South Carolina man asked him about Iran, he responded by singing to the tune of the Beach Boys’ “Barbara Ann”: “Bomb, bomb, bomb, bomb, bomb Iran.”

So if Iran continues its policies as most expect, we might well find ourselves under a McCain presidency headed toward our third war with a Muslim country. The result would be an Iranian nationalist backlash that would cement ayatollahs in place, as well as $200-a-barrel oil, open season on Americans in Iraq, and global fury at American unilateralism.

North Korea is one of the Bush administration’s greatest failures, and Mr. McCain seems intent on making it worse. For eight full years, the Clinton administration kept North Korea from obtaining plutonium to make a single nuclear weapon; on Mr. Bush’s watch, North Korea has obtained enough for a half dozen weapons and has conducted a nuclear test.

Even President Bush recognized the failure of his first term’s hard-line policy and abandoned it, instead pursuing negotiations and diplomatic solutions with North Korea. Mr. McCain fumes that this is accommodation and seems to prefer the first-term fist-waving that was emotionally satisfying but failed catastrophically.

A McCain administration would thus apparently mean no more diplomatic track with North Korea. The upshot would be North Korea’s restarting its nuclear weapon assembly line. In similar circumstances in 1994, Mr. McCain raised the prospect of military strikes on North Korea and suggested that war might be inevitable (instead, President Clinton stopped plutonium production with a negotiated deal).

Russia underscores Mr. McCain’s penchant for risk-taking, theatrics and fulmination. Most striking, he wants to kick Russia out of the Group of 8.

Mr. McCain’s lead-with-the-chin approach to Russia reflects the same pugnacity that resulted in obscenity-laced dust-ups with fellow Republican senators, but it’s less endearing when the risk is nuclear war. Do we really want to risk an exchange of nuclear warheads over Abkhazia or South Ossetia? The Spanish prime minister, José Zapatero, told me a few days ago that what he fears most under a McCain administration is a revival of the cold war with Russia.

In Friday’s debate, Mr. McCain was on his best behavior. But he did reiterate his suspicion of diplomacy with our enemies, and he has often shown that his instinct in a confrontation (whether with a colleague or a country) is the opposite of John Kennedy’s in the Cuban missile crisis; Mr. McCain responds to challenges by seeking to escalate, to fight.

All in all, it’s astonishing that Mr. McCain seems determined to return to Mr. Bush’s first-term policies that have been utterly discredited even within the administration. Judging from Mr. McCain’s own positions, on foreign policy he could well end up more Bush than Bush.

[Nicholas D. Kristof writes op-ed columns that appear twice each week in The New York Times. A two-time Pulitzer Prize winner, he previously was associate managing editor of The Times, responsible for the Sunday Times. Krsitof graduated from Harvard College and then studied law at Oxford University on a Rhodes Scholarship. In 1990 Mr. Kristof and his wife, Sheryl WuDunn, also a Times journalist, won a Pulitzer Prize for their coverage of China's Tiananmen Square democracy movement. They were the first married couple to win a Pulitzer for journalism. Mr. Kristof won a second Pulitzer in 2006, for commentary for what the judges called "his graphic, deeply reported columns that, at personal risk, focused attention on genocide in Darfur and that gave voice to the voiceless in other parts of the world."]

[5]
Greenwich Time
By Tom Wolfe

Be aware that your correspondent is merely bringing you the news when he reports how many people have besieged the author of The Bonfire of the Vanities over the past week with the question, “Where does this leave the Masters of the Universe now?”

“This” refers to the current credit panic. The Masters of the Universe is a phrase from that book referring to ambitious young men (there were no women) who, starting with the 1980s, began racking up millions every year — millions! — in performance bonuses at investment banks like Salomon Brothers, Lehman Brothers, Bear Stearns, Merrill Lynch, Morgan Stanley and Goldman Sachs. The first three no longer exist. The fourth is about to be absorbed by Bank of America. The last two are being converted into plain-vanilla Our Town banks with A.T.M.’s in the lobby and, instead of Masters of the Universe, marginally adult female cashiers with wages in the mid-three figures per week, stocked with bags of exploding dye to hand the robbers along with the cash. American investment banking, the entire industry, sank without a trace in the last few days.

So where does this leave the Masters of the Universe? In Greenwich, Conn., mainly. The hottest, brightest, most ambitious young men began abandoning investment banking in favor of hedge funds six years ago. Your correspondent can describe scenes of raging carotid-aneurytic anger as the young hotshots resigned. Security goons seized them by the elbow and marched them off the floor at six miles an hour. They couldn’t touch anything in or on their desks — not even the framed picture of Mom and Buddy and Sis, propped upright from behind by little cardboard wings covered in synthetic velvet — so furious were their superiors. Their biggest producers and future leaders were walking out on them.

Greenwich is the center of the Masters’ hedge-fund world, replacing Wall Street. For five years, the heart of Wall Street, the fabled Floor of the New York Stock Exchange, has been gradually emptying out. A hundred years ago, the Floor was a club for gentlemen oligarchs. Only men with social credentials could have one of the insider “seats” on the Floor. By last year, when your correspondent paid his one and only visit to the Floor, one member came up to another and informed him that he, like so many others recently, was leaving the Exchange for good.

“What will you be doing?”

“I’m joining the Fire Department.”

“The Fire Department? In what capacity?”

“I’ll be a firefighter. The pension plan is awesome.”

Incidentally, there are no seats on the Floor, none that this correspondent ever saw. The Exchange is already an anachronism, like Broadway. Everything is done by computer today. Hanging out on the Floor of the Exchange is like hanging out at OTB. Broadway and the Exchange are like the first thing you see when you enter Disneyland in California. You find yourself in a turn-of-the-last-century town with a trolley and an apothecary and a barber shop. That’s Broadway and Wall Street today.

It may dash your hopes for that nice warm feeling called Schadenfreude, but the Masters of the Universe are smarter than the people they left behind at the investment banks. Their hedge funds have blown up here and there, but unlike the investment banks, they are still very much in business. They have hurriedly pulled themselves into defensive positions inside their shells, like turtles. Their Armageddon, if any, will not come for two more days, which is to say, Tuesday, Sept. 30.

Most hedge funds open up a crack on September 30, December 31, March 31 and June 30 to give investors the chance to “redeem” their investments, meaning take their money out. These moments are called gates, like a series of gates in a prison. The gate is the limit, the fixed percentage of your money, that the fund will allow you to take out at one time. Even with these strict caps on withdrawals, some funds may end up nothing but shells.

Shed no tears for the Masters of the Universe, however, not that your correspondent actually thought you might. Most of the young Masters already have their own personal nut free and clear. “Nut” is the term for the amount of money you need salted away in weather-proof investments in order to generate enough interest to live comfortably in Greenwich on Round Hill Road, Pecksland Road or Field Point Road in a house built before the First World War in an enchanting European style, preferably made of stone featuring the odd turret, with a minimum of five acres around it and big enough to be called a manor. Every Master of the Universe knows the number.

[Tom Wolfe was educated at Washington and Lee (B.A., 1951) and Yale (Ph.D., American Studies, 1957) Universities. Wolfe is the author of a number of acclaimed non-fiction works: The Kandy-Kolored Tangerine-Flake Streamline Baby (1965), The Electric Kool-Aid Acid Test (1968), The Pump House Gang (1968), Radical Chic & Mau-Mauing the Flak Catchers (1970), The New Journalism (1975), The Painted Word (1975), Mauve Gloves & Madmen, Clutter & Vine (1976), The Right Stuff (1979), In Our Time (1980), From Bauhaus to Our House (1981), and The Purple Decades (1982). Wolfe's novels include: The Bonfire of the Vanities (1987), A Man in Full (1998), I Am Charlotte Simmons (2004), and the forthcoming Back to Blood (2009).]

Copyright © 2008 The New York Times Company

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O, Great! The Geezer's Mental Problems Weren't Bad Enough? Now, The Geezer's Mobbed Up?

[x YouTube/EthanDalloway Channel]
Everly Brothers — "Bird Dog" (1958)

"Johnny is a joker..., he's tryin' to steal my election...." First, The Geezer emulates Heath Ledger's character, The Joker, in the new Batman flick, "The Dark Knight." Now, he turns up as a compulsive gambler who's up to his neck in the muck that is the "tribal gaming industry." The Geezer and his handlers have angered the NY Fishwrap's editors and they've unleashed a couple of investigative attack dogs on The Geezer's ties to gambling lobbyists and the yuck from which they come. Now, The (nutty and nasty) Geezer is runnin' with The Mob. May The Lord (of your choice) have mercy upon the Land of the Free and the Home of the Brave. As the dealers say in Vegas (while scooping up the losers' chips): "Thank you for playing, ladies and gentlemen." If this is (fair & balanced) ludomania, so be it.

[x NY Fishwrap]
For McCain And Team, A Host Of Ties To Gambling
By Jo Becker and Don Van Natta Jr.

Click on image to enlarge.

Senator John McCain was on a roll. In a room reserved for high-stakes gamblers at the Foxwoods Resort Casino in Connecticut, he tossed $100 chips around a hot craps table. When the marathon session ended around 2:30 a.m., the Arizona senator and his entourage emerged with thousands of dollars in winnings.

A lifelong gambler, Mr. McCain takes risks, both on and off the craps table. He was throwing dice that night not long after his failed 2000 presidential bid, in which he was skewered by the Republican Party’s evangelical base, opponents of gambling. Mr. McCain was betting at a casino he oversaw as a member of the Senate Indian Affairs Committee, and he was doing so with the lobbyist who represents that casino, according to three associates of Mr. McCain.

The visit had been arranged by the lobbyist, Scott Reed, who works for the Mashantucket Pequot, a tribe that has contributed heavily to Mr. McCain’s campaigns and built Foxwoods into the world’s second-largest casino. Joining them was Rick Davis, Mr. McCain’s current campaign manager. Their night of good fortune epitomized not just Mr. McCain’s affection for gambling, but also the close relationship he has built with the gambling industry and its lobbyists during his 25-year career in Congress.

As a two-time chairman of the Indian Affairs Committee, Mr. McCain has done more than any other member of Congress to shape the laws governing America’s casinos, helping to transform the once-sleepy Indian gambling business into a $26-billion-a-year behemoth with 423 casinos across the country. He has won praise as a champion of economic development and self-governance on reservations.

“One of the founding fathers of Indian gaming” is what Steven Light, a University of North Dakota professor and a leading Indian gambling expert, called Mr. McCain.

As factions of the ferociously competitive gambling industry have vied for an edge, they have found it advantageous to cultivate a relationship with Mr. McCain or hire someone who has one, according to an examination based on more than 70 interviews and thousands of pages of documents.

Mr. McCain portrays himself as a Washington maverick unswayed by special interests, referring recently to lobbyists as “birds of prey.” Yet in his current campaign, more than 40 fund-raisers and top advisers have lobbied or worked for an array of gambling interests — including tribal and Las Vegas casinos, lottery companies and online poker purveyors.

When rules being considered by Congress threatened a California tribe’s planned casino in 2005, Mr. McCain helped spare the tribe. Its lobbyist, who had no prior experience in the gambling industry, had a nearly 20-year friendship with Mr. McCain.

In Connecticut that year, when a tribe was looking to open the state’s third casino, staff members on the Indian Affairs Committee provided guidance to lobbyists representing those fighting the casino, e-mail messages and interviews show. The proposed casino, which would have cut into the Pequots’ market share, was opposed by Mr. McCain’s colleagues in Connecticut.

Mr. McCain declined to be interviewed. In written answers to questions, his campaign staff said he was “justifiably proud” of his record on regulating Indian gambling. “Senator McCain has taken positions on policy issues because he believed they are in the public interest,” the campaign said.

Mr. McCain’s spokesman, Tucker Bounds, would not discuss the senator’s night of gambling at Foxwoods, saying: “Your paper has repeatedly attempted to insinuate impropriety on the part of Senator McCain where none exists — and it reveals that your publication is desperately willing to gamble away what little credibility it still has.”

Over his career, Mr. McCain has taken on special interests, like big tobacco, and angered the capital’s powerbrokers by promoting campaign finance reform and pushing to limit gifts that lobbyists can shower on lawmakers. On occasion, he has crossed the gambling industry on issues like regulating slot machines.

Perhaps no episode burnished Mr. McCain’s image as a reformer more than his stewardship three years ago of the Congressional investigation into Jack Abramoff, the disgraced Republican Indian gambling lobbyist who became a national symbol of the pay-to-play culture in Washington. The senator’s leadership during the scandal set the stage for the most sweeping overhaul of lobbying laws since Watergate.

“I’ve fought lobbyists who stole from Indian tribes,” the senator said in his speech accepting the Republican presidential nomination this month.

But interviews and records show that lobbyists and political operatives in Mr. McCain’s inner circle played a behind-the-scenes role in bringing Mr. Abramoff’s misdeeds to Mr. McCain’s attention — and then cashed in on the resulting investigation. The senator’s longtime chief political strategist, for example, was paid $100,000 over four months as a consultant to one tribe caught up in the inquiry, records show.

Mr. McCain’s campaign said the senator acted solely to protect American Indians, even though the inquiry posed “grave risk to his political interests.”

As public opposition to tribal casinos has grown in recent years, Mr. McCain has distanced himself from Indian gambling, Congressional and American Indian officials said.

But he has rarely wavered in his loyalty to Las Vegas, where he counts casino executives among his close friends and most prolific fund-raisers. “Beyond just his support for gaming, Nevada supports John McCain because he’s one of us, a Westerner at heart,” said Sig Rogich, a Nevada Republican kingmaker who raised nearly $2 million for Mr. McCain at an event at his home in June.

Only six members of Congress have received more money from the gambling industry than Mr. McCain, and five hail from the casino hubs of Nevada and New Jersey, according to data from the Center for Responsive Politics dating back to 1989. In the presidential race, Senator Barack Obama has also received money from the industry; Mr. McCain has raised almost twice as much.

In May 2007, as Mr. McCain’s presidential bid was floundering, he spent a weekend at the MGM Grand on the Las Vegas strip. A fund-raiser hosted by J. Terrence Lanni, the casino’s top executive and a longtime friend of the senator, raised $400,000 for his campaign. Afterward, Mr. McCain attended a boxing match and hit the craps tables.

For much of his adult life, Mr. McCain has gambled as often as once a month, friends and associates said, traveling to Las Vegas for weekend betting marathons. Former senior campaign officials said they worried about Mr. McCain’s patronage of casinos, given the power he wields over the industry. The officials, like others interviewed for this article, spoke on condition of anonymity.

“We were always concerned about appearances,” one former official said. “If you go around saying that appearances matter, then they matter.”

The former official said he would tell Mr. McCain: “Do we really have to go to a casino? I don’t think it’s a good idea. The base doesn’t like it. It doesn’t look good. And good things don’t happen in casinos at midnight.”

“You worry too much,” Mr. McCain would respond, the official said.

A Record Of Support

In one of their last conversations, Representative Morris K. Udall, Arizona’s powerful Democrat, whose devotion to American Indian causes was legendary, implored his friend Mr. McCain to carry on his legacy.

“Don’t forget the Indians,” Mr. Udall, who died in 1998, told Mr. McCain in a directive that the senator has recounted to others.

More than a decade earlier, Mr. Udall had persuaded Mr. McCain to join the Senate Indian Affairs Committee. Mr. McCain, whose home state has the third-highest Indian population, eloquently decried the “grinding poverty” that gripped many reservations.

The two men helped write the Indian Gaming Regulatory Act of 1988 after the Supreme Court found that states had virtually no right to control wagering on reservations. The legislation provided a framework for the oversight and growth of Indian casinos: In 1988, Indian gambling represented less than 1 percent of the nation’s gambling revenues; today it captures more than one third.

On the Senate floor after the bill’s passage, Mr. McCain said he personally opposed Indian gambling, but when impoverished communities “are faced with only one option for economic development, and that is to set up gambling on their reservations, then I cannot disapprove.”

In 1994, Mr. McCain pushed an amendment that enabled dozens of additional tribes to win federal recognition and open casinos. And in 1998, Mr. McCain fought a Senate effort to rein in the boom.

He also voted twice in the last decade to give casinos tax breaks estimated to cost the government more than $326 million over a dozen years.

The first tax break benefited the industry in Las Vegas, one of a number of ways Mr. McCain has helped nontribal casinos. Mr. Lanni, the MGM Mirage chief executive, said that an unsuccessful bid by the senator to ban wagering on college sports in Nevada was the only time he could recall Mr. McCain opposing Las Vegas. “I can’t think of any other issue,” Mr. Lanni said.

The second tax break helped tribal casinos like Foxwoods and was pushed by Scott Reed, the Pequots’ lobbyist.

Mr. McCain had gotten to know Mr. Reed during Senator Bob Dole’s 1996 presidential campaign, which Mr. Reed managed. Four years later, when Mr. McCain ran for president, Mr. Reed recommended he hire his close friend and protégé, Rick Davis, to manage that campaign.

During his 2000 primary race against George W. Bush, Mr. McCain promoted his record of helping Indian Country, telling reporters on a campaign swing that he had provided critical support to “the Pequot, now the proud owners of the largest casino in the world.”

But Mr. McCain’s record on Indian gambling was fast becoming a difficult issue for him in the primary. Bush supporters like Gov. John Engler of Michigan lambasted Mr. McCain for his “close ties to Indian gambling.”

A decade after Mr. McCain co-authored the Indian gambling act, the political tides had turned. Tribal casinos, which were growing at a blazing pace, had become increasingly unpopular around the country for reasons as varied as morality and traffic.

Then came the biggest lobbying scandal to shake Washington.

Behind An Inquiry

At a September 2004 hearing of the Indian Affairs Committee, Mr. McCain described Jack Abramoff as one of the most brazen in a long line of crooks to cheat American Indians. “It began with the sale of Manhattan, and has continued ever since,” he said. “What sets this tale apart, what makes it truly extraordinary, is the extent and degree of the apparent exploitation and deceit.”

Over the next two years, Mr. McCain helped uncover a breathtaking lobbying scandal — Mr. Abramoff and a partner bilked six tribes of $66 million — that showcased the senator’s willingness to risk the wrath of his own party to expose wrongdoing. But interviews and documents show that Mr. McCain and a circle of allies — lobbyists, lawyers and senior strategists — also seized on the case for its opportunities.

For McCain-connected lobbyists who were rivals of Mr. Abramoff, the scandal presented a chance to crush a competitor. For senior McCain advisers, the inquiry allowed them to collect fees from the very Indians that Mr. Abramoff had ripped off. And the investigation enabled Mr. McCain to confront political enemies who helped defeat him in his 2000 presidential run while polishing his maverick image.

The Abramoff saga started in early 2003 when members of two tribes began questioning Mr. Abramoff’s astronomical fees. Over the next year, they leaked information to local newspapers, but it took the hiring of lobbyists who were competitors of Mr. Abramoff to get the attention of Mr. McCain’s committee.

Bernie Sprague, who led the effort by one of the tribes, the Saginaw Chippewas in Michigan, hired a Democratic lobbyist who recommended that the tribe retain Scott Reed, the Republican lobbyist, to push for an investigation.

Mr. Reed had boasted to other lobbyists of his access to Mr. McCain, three close associates said. Mr. Reed “pretty much had open access to John from 2000 to at least the end of 2006,” one aide said.

Lobbyist disclosure forms show that Mr. Reed went to work for the Saginaw Chippewa on Feb. 15, 2004, charging the tribe $56,000 over a year. Mr. Abramoff had tried to steal the Pequots and another tribal client from Mr. Reed, and taking down Mr. Abramoff would eliminate a competitor.

Mr. Reed became the chief conduit to Mr. McCain’s committee for billing documents and other information Mr. Sprague was digging up on Mr. Abramoff, Mr. Sprague said, who said Mr. Reed “did a great to service to me.”

“He had contacts I did not,” Mr. Sprague said. “Initially, I think that the senator’s office was doing Reed a favor by listening to me.”

A few weeks after hiring Mr. Reed, Mr. Sprague received a letter from the senator. “We have met with Scott Reed, who was very helpful on the issue,” Mr. McCain wrote.

Information about Mr. Abramoff was also flowing to Mr. McCain’s committee from another tribe, the Coushatta of Louisiana. The source was a consultant named Roy Fletcher, who had been Mr. McCain’s deputy campaign manager in 2000, running his war room in South Carolina.

It was in that primary race that two of Mr. Abramoff’s closest associates, Grover Norquist, who runs the nonprofit Americans for Tax Reform, and Ralph Reed, the former director of the Christian Coalition, ran a blistering campaign questioning Mr. McCain’s conservative credentials. The senator and his advisers blamed that attack for Mr. McCain’s loss to Mr. Bush in South Carolina, creating tensions that would resurface in the Abramoff matter.

“I was interested in busting” Mr. Abramoff, said Mr. Fletcher, who was eventually hired to represent the tribe. “That was my job. But I was also filled with righteous indignation, I got to tell you.”

Mr. Fletcher said he began passing information to John Weaver, Mr. McCain’s chief political strategist, and other staff members in late 2003 or January 2004. Mr. Weaver confirmed the timing.

Mr. McCain announced his investigation on Feb. 26, 2004, citing an article on Mr. Abramoff in The Washington Post. He did not mention the action by lobbyists and tribes in the preceding weeks. His campaign said no one in his “innermost circle” brought information to Mr. McCain that prompted the investigation.

The senator declared he would not investigate members of Congress, whom Mr. Abramoff had lavished with tribal donations and golf outings to Scotland. But in the course of the investigation, the committee exposed Mr. Abramoff’s dealings with the two men who had helped defeat Mr. McCain in the 2000 primary.

The investigation showed that Mr. Norquist’s foundation was used by Mr. Abramoff to launder lobbying fees from tribes. Ralph Reed was found to have accepted $4 million to run bogus antigambling campaigns. And the investigation also highlighted Mr. Abramoff’s efforts to curry favor with the House majority leader at the time, Tom DeLay, Republican of Texas, a longtime political foe who had opposed many of Mr. McCain’s legislative priorities.

Mr. McCain’s campaign said the senator did not “single out” Ralph Reed or Mr. Norquist, neither of whom were ever charged, and that both men fell within the “scope of the investigation.” The inquiry, which led to guilty pleas by over a dozen individuals, was motivated by a desire to help aggrieved tribes, the campaign said.

Inside the investigation, the sense of schadenfreude was palpable, according to several people close to the senator. “It was like hitting pay dirt,” said one associate of Mr. McCain’s who had consulted with the senator’s office on the investigation. “And face it — McCain and Weaver were maniacal about Ralph Reed and Norquist. They were sticking little pins in dolls because those guys had cost him South Carolina.”

Down on the Coushattas reservation, bills related to the investigation kept coming. After firing Mr. Abramoff, the tribe hired Kent Hance, a lawyer and former Texas congressman who said he had been friends with Mr. McCain since the 1980s.

David Sickey, the tribe’s vice chairman, said he was “dumbfounded” over the bills submitted by Mr. Hance’s firm, Hance Scarborough, which had been hired by Mr. Sickey’s predecessors.

“The very thing we were fighting seemed to be happening all over again — these absurd amounts of money being paid,” Mr. Sickey said.

Mr. Hance’s firm billed the tribe nearly $1.3 million over 11 months in legal and political consulting fees, records show. But Mr. Sickey said that the billing statements offered only vague explanations for services and that he could not point to any tangible results. Two consultants, for instance, were paid to fight the expansion of gambling in Texas — even though it was unlikely given that the governor there opposed any such prospect, Mr. Sickey said.

Mr. Hance and Jay B. Stewart, the firm’s managing partner, defended their team’s work, saying they successfully steered the tribe through a difficult period. “We did an outstanding job for them,” Mr. Hance said. “When we told them our bill was going to be $100,000 a month, they thought we were cheap. Mr. Abramoff had charged them $1 million a month.”

The firm’s fees covered the services of Mr. Fletcher, who served as the tribe’s spokesman. Records also show that Mr. Hance had Mr. Weaver — who was serving as Mr. McCain’s chief strategist — put on the tribe’s payroll from February to May 2005.

It is not precisely clear what role Mr. Weaver played for his $100,000 fee.

Mr. Stewart said Mr. Weaver was hired because “he had a lot of experience with the Senate, especially the new chairman, John McCain.” The Hance firm told the tribe in a letter that Mr. Weaver was hired to provide “representation for the tribe before the U.S. Senate.”

But Mr. Weaver never registered to lobby on the issue, and he has another explanation for his work.

“The Hance law firm retained me to assist them and their client in developing an aggressive crisis management and communications strategy,” Mr. Weaver said. “At no point was I asked by Kent Hance or anyone associated with him to set up meetings with anyone in or outside of government to discuss this, and if asked I would have summarily declined to do so.”

In June 2005, the tribe informed Mr. Hance that his services were no longer needed.

Change In Tone

After the Abramoff scandal, Mr. McCain stopped taking campaign donations from tribes. Some American Indians were offended, especially since Mr. McCain continued to accept money from the tribes’ lobbyists.

Resentment in Indian Country mounted as Mr. McCain, who was preparing for another White House run, singled out the growth in tribal gambling as one of three national issues that were “out of control.” (The others were federal spending and illegal immigration.)

Franklin Ducheneaux, an aide to Morris Udall who helped draft the 1988 Indian gambling law, said that position ran contrary to Mr. McCain’s record. “What did he think? That Congress intended for the tribes to be only somewhat successful?” Mr. Ducheneaux said.

Mr. McCain began taking a broad look at whether the laws were sufficient to oversee the growing industry. His campaign said that the growth had put “considerable stress” on regulators and Mr. McCain held hearings on whether the federal government needed more oversight power.

An opportunity to restrain the industry came in the spring of 2005, when a small tribe in Connecticut set off a political battle. The group, the Schaghticoke Tribal Nation, had won federal recognition in 2004 after producing voluminous documentation tracing its roots.

The tribe wanted to build Connecticut’s third casino, which would compete with Foxwoods and another, the Mohegan Sun. Facing public opposition on the proposed casino, members of the Connecticut political establishment — many of whom had received large Pequot and Mohegan campaign donations — swung into action.

Connecticut officials claimed that a genealogical review by the Bureau of Indian Affairs was flawed, and that the Schaghticoke was not a tribe.

The tribe’s opponents, led by the Washington lobbying firm Barbour Griffith & Rogers, turned to Mr. McCain’s committee. It was a full-circle moment for the senator, who had helped the Pequots gain tribal recognition in the 1980s despite concerns about their legitimacy.

Now, Mr. McCain was doing a favor for allies in the Connecticut delegation, including Senator Joseph I. Lieberman, a close friend, according to two former Congressional aides. “It was one of those collegial deals,” said one of the aides, who worked for Mr. McCain.

Barbour Griffith & Rogers wanted Mr. McCain to hold a hearing that would show that the Bureau of Indian Affairs was “broken,” said Bradley A. Blakeman, who was a lobbyist for the firm at the time.

“It was our hope that the hearing would shed light on the fact that the bureau had not followed their rules and had improperly granted recognition to the Schaghticoke,” Mr. Blakeman said. “And that the bureau would revisit the issue and follow their rules.”

Mr. McCain’s staff helped that effort by offering strategic advice.

His staff told a lobbyist for the firm that the Indian Affairs Committee “would love to receive a letter” from the Connecticut governor requesting a hearing, according to an e-mail exchange, and offered “guidance on what the most effective tone and approach” would be in the letter.

On May 11, 2005, Mr. McCain held a hearing billed as a general “oversight hearing on federal recognition of Indian tribes.” But nearly all the witnesses were Schaghticoke opponents who portrayed the tribe as imposters.

Mr. McCain set the tone: “The role that gaming and its nontribal backers have played in the recognition process has increased perceptions that it is unfair, if not corrupt.”

Chief Richard F. Velky of the Schaghticokes found himself facing off against the governor and most of the state’s congressional delegation. “The deck was stacked against us,” Mr. Velky said. “They were given lots of time. I was given five minutes.”

He had always believed Mr. McCain “to be an honest and fair man,” Mr. Velky said, “but this didn’t make me feel that good.”

Mr. Velky said he felt worse when the e-mail messages between the tribe’s opponents and Mr. McCain’s staff surfaced in a federal lawsuit. “Is there a letter telling me how to address the senator to give me the best shot?” Mr. Velky asked. “No, there is not.”

After the hearing, Pablo E. Carrillo, who was Mr. McCain’s chief Abramoff investigator at the time, wrote to a Barbour Griffith & Rogers lobbyist, Brant Imperatore. “Your client’s side definitely got a good hearing record,” Mr. Carillo wrote, adding “you probably have a good sense” on where Mr. McCain “is headed on this.”

“Well done!” he added.

Cynthia Shaw, a Republican counsel to the committee from 2005 to 2007, said Mr. McCain made decisions based on merit, not special interests. “Everybody got a meeting who asked for one,” Ms. Shaw said, “whether you were represented by counsel or by a lobbyist — or regardless of which lobbyist.”

Mr. McCain’s campaign defended the senator’s handling of the Schaghticoke case, saying no staff member acted improperly. The campaign said the session was part of normal committee business and the notion that Mr. McCain was intending to help Congressional colleagues defeat the tribe was “absolutely false.”

It added that the senator’s commitment to Indian sovereignty “remains as strong as ever.”

Within months of the May 2005 hearing, the Bureau of Indian Affairs took the rare step of rescinding the Schaghticokes’ recognition. A federal court recently rejected the tribe’s claim that the reversal was politically motivated.

Making an Exception

That spring of 2005, as the Schaghticokes went down to defeat in the East, another tribe in the West squared off against Mr. McCain with its bid to construct a gambling emporium in California. The stakes were similar, but the outcome would be far different.

The tribe’s plan to build a casino on a former Navy base just outside San Francisco represented a trend rippling across the country: American Indians seeking to build casinos near population centers, far from their reservations.

The practice, known as “off-reservation shopping,” stemmed from the 1988 Indian gambling law, which included exceptions allowing some casinos to be built outside tribal lands. When Mr. McCain began his second stint as chairman of the Indian Affairs Committee three years ago, Las Vegas pressed him to revisit the exceptions he had helped create, according to Sig Rogich, the Republican fund-raiser from Nevada.

“We told him this off-reservation shopping had to stop,” Mr. Rogich said. “It was no secret that the gaming industry, as well as many potentially affected communities in other states, voiced opposition to the practice.”

In the spring of 2005, Mr. McCain announced he was planning a sweeping overhaul of Indian gambling laws, including limiting off-reservation casinos. His campaign said Las Vegas had nothing to do with it. In a 2005 interview with The Oregonian, Mr. McCain said that if Congress did not act, “soon every Indian tribe is going to have a casino in downtown, metropolitan areas.”

Prospects for the proposed California project did not look promising. Then the tribe, the Guidiville Band of Pomo Indians, hired a lobbyist based in Phoenix named Wes Gullett.

Mr. Gullett, who had never represented tribes before Congress, had known Mr. McCain since the early 1980s. Mr. Gullett met his wife while they were working in Mr. McCain’s Washington office. He subsequently managed Mr. McCain’s 1992 Senate campaign and served as a top aide to his 2000 presidential campaign. Their friendship went beyond politics. When Mr. McCain’s wife, Cindy, brought two infants in need of medical treatment back to Arizona from Bangladesh, the Gulletts adopted one baby and the McCains the other. The two men also liked to take weekend trips to Las Vegas.

Another of Mr. McCain’s close friends, former Defense Secretary William S. Cohen, was a major investor in the Guidivilles’ proposed casino. Mr. Cohen, who did not return calls, was best man at Mr. McCain’s 1980 wedding.

Scott Crowell, lawyer for the Guidivilles, said Mr. Gullett was hired to ensure that Mr. McCain’s overhaul of the Indian gambling laws did not harm the tribe.

Mr. Gullett said he never talked to Mr. McCain about the legislation. “If you are hired directly to lobby John McCain, you are not going to be effective,” he said. Mr. Gullett said he only helped prepare the testimony of the tribe’s administrator, Walter Gray, who was invited to plead his case before Mr. McCain’s committee in July 2005. Mr. Gullett said he advised Mr. Gray in a series of conference calls.

On disclosure forms filed with the Senate, however, Mr. Gullett stated that he was not hired until November, long after Mr. Gray’s testimony. Mr. Gullett said the late filing might have been “a mistake, but it was inadvertent.” Steve Hart, a former lawyer for the Guidivilles, backed up Mr. Gullett’s contention that he had guided Mr. Gray on his July testimony.

When asked whether Mr. Gullett had helped him, Mr. Gray responded, “I’ve never met the man and couldn’t tell you anything about him.”

On Nov. 18, 2005, when Mr. McCain introduced his promised legislation overhauling the Indian gambling law, he left largely intact a provision that the Guidivilles needed for their casino. Mr. McCain’s campaign declined to answer whether the senator spoke with Mr. Gullett or Mr. Cohen about the project. In the end, Mr. McCain’s bill died, largely because Indian gambling interests fought back. But the Department of Interior picked up where Mr. McCain left off, effectively doing through regulations what he had hoped to accomplish legislatively. Carl Artman, who served as the Interior Department’s assistant secretary of Indian Affairs until May, said Mr. McCain pushed him to rewrite the off-reservation rules. “It became one of my top priorities because Senator McCain made it clear it was one of his top priorities,” he said.

The new guidelines were issued on January 4. As a result, the casino applications of 11 tribes were rejected. The Guidivilles were not among them.

[Jo Becker is an award-winning journalist, currently an investigative reporter for the The New York Times. Formerly with the Washington Post, she won, with Barton Gellman, the 2008 Pulitzer Prize for National Reporting. Ms. Becker and Mr. Gellman won the prize with a series of articles titled "Angler," which explored the role of Vice President Dick Cheney. ("Angler" was a Cheney Secret Service codename). Don Van Natta Jr.is an investigative correspondent at The New York Times, where he was a member of two Pulitzer Prize-winning teams. He was on a six-reporter team, led by Jeff Gerth, that won the 1999 Pulitzer in National Reporting for a series of stories about American corporations that sold satellite technology with defense uses to China. And in 2002, Van Natta was one of nine reporters to be awarded the Pulitzer Prize for Explanatory Reporting, for his work on Al Qaeda in the aftermath of the 9/11 attacks. Kitty Bennett and Griff Palmer contributed to reporting.]

Copyright © 2008 The New York Times Company

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Q: What Is The Sound Of One Hand Clapping?A: That's Applause For The Jok Geezer!

The Geezer has gone out where the buses don't run. In the two debates to come, The Hopester should speak to The Geezer as "my opponent" or "the Senator from Arizona" and never, ever, speak to him by name again. The Geezer forfeited the right to personal, humane address. Supposedly, the jangling of a set of keys sets The Geezer off (à la Manchurian Candidate) because the North Vietnamese jailers in the Hanoi Hilton jangled their keys as a prelude to a torture session. If the The Geezer speaks insultingly, The Hopester should take out his keys and jangle them at The Geezer. And then, the attendants should come on stage and lead the old guy away for his bath. If this is (fair & balanced) derangement, so be it.

[x OpenSalon Blog]
McCain: The Joker's Wild
By Marco Acevedo

Copyright © 2008 Marco Acevedo

"Do I really look like a guy with a plan? You know what I am? I'm a dog chasing cars. I wouldn't know what to do with one if I caught it. You know, I just do things." — The Joker in "The Dark Knight"

I wholeheartedly agree with Liz Emrich: the American Presidency is not a platform for heroics. Once government invokes the good vs. evil or crisis/hero narrative, we as a nation are in danger of sliding into a zone where reasoning is jettisoned and wild impulse trumps even calculated risk. The irony is that the Hero, agent of Order and Justice, will often become the agent of Chaos in the already messy situation called reality, reacting viscerally to each development with little regard for fallout. What's worse than a Hero? When Hero becomes Trickster.

This was all too evident by last night, in the aftermath of the "emergency bipartisan summit" fiasco. Take your pick of suitable pulp narratives: Wall Street as wild west gambling saloon or corrupt urban jungle, there has been no shortage of loose-cannon melodrama in the name of Restoring Order, none of it remotely constructive. First was Henry Paulson with his out-of-the-blue no-accountability bail-out plan, followed by Bush with his "there is even more to fear than fear itself" address, both trying to goad the nation into a state of malleable panic. None of this serves the nation as an anchor for morale or perspective. Entropy increases.

Enter John McCain. He "suspends" his campaign on the spur of the moment and sweeps into Washinton without a plan, lying his way out of an appearance on David Letterman's show and setting himself up for ridicule before a national audience, triggering Bush to call a pointless photo-op summit at the White House and throwing both the bail-out negotiation timetable and the debate timetable into question. Perversely, he leaves the meeting having said barely a word. Meanwhile, his campaign tries to shelter running mate Sarah Palin from any meaningful and/or revealing dialog with the press, after having created the overnight Palin media sensation in the first place.

The political process in this country, like the economy, like our foreign policy, has become a series of bombshells and cliffhangers. History has been replaced by a narrative for short attention spans, akin to HBO, the Hollywood blockbuster cycle and the comic book. All that's missing are title cards and credit rolls. Punch-drunk pundits have scrambled to come up with metaphors to characterize tactics in the new zeitgeist : the hail-mary pass, shock-and-awe. But really, they need look no further than the latest Batman movie. The citizens of Gotham (and theater audiences) are held hostage by an endless series of diabolic and unpredictable events instigated by the Joker. Civic authorities and crusading heroes alike are drawn helplessly into the game, and everyone becomes a complicit victim. Wild cards everywhere as citizens and audience seek the stability of some kind of understanding.

Wild card running mates, political stunts, over-the-top lies and misinformation. Would it be harsh to call McCain's erratic behavior as a kind of low-grade terrorism? Perhaps. Certainly he could be accused of setting off bombshells and keeping us all in a state of exhaustion. But as a presidential candidate he should be providing a sense that there is at least a way out of the funhouse, and he is not. If his campaign is any indication of how he would run an administration (and there is no reason to believe it is not), we can genuinely fear for a lack of a sense of coherence in the next four years.We have here the evidence of a new strain of the Rove playbook, one that utilizes destabilizing distractions as well as tactical misinformation to deflect accountability. Could we perhaps call this friendly terrorism?

Incredibly, Barack Obama is still being stigmatized for exhibiting the exact opposite behavior. Patrick Healy of the New York Times asks, "In a time of crisis, is Obama too cool?" My favorite quote in his article is from a G. Terry Madonna, director for the Center of Politics and Public Affairs at Franklin & Marshall College in Lancaster, PA., who says: “[People] don’t want presidents who analyze and seem above it all... Obama still comes across as dispassionate to the point of coolness. He is so comfortable in his own skin, he can be hard to connect with for people who are struggling.”

You know what? I wish Madonna had spoken to me, because I do want a president who is comfortable in his own skin. Above all, I absolutely do want a president who analyzes.

I'll take the Zen President over the Trickster any time.

[Marco Acevedo is the Design Director at Verse Group in NYC. Acevedo studied graphic design at The Cooper Union for the Advancement of Science and Art.]

Copyright © 2008 Salon Media Group, Inc.

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