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On This Day In History October 26

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

October 26 is the 299th day of the year (300th in leap years) in the Gregorian calendar. There are 66 days remaining until the end of the year.

On this day in 1881, the Earp brothers face off against the Clanton-McLaury gang in a legendary shootout at the OK Corral in Tombstone, Arizona.

On the morning of October 25, Ike Clanton and Tom McLaury came into Tombstone for supplies. Over the next 24 hours, the two men had several violent run-ins with the Earps and their friend Doc Holliday. Around 1:30 p.m. on October 26, Ike’s brother Billy rode into town to join them, along with Frank McLaury and Billy Claiborne. The first person they met in the local saloon was Holliday, who was delighted to inform them that their brothers had both been pistol-whipped by the Earps. Frank and Billy immediately left the saloon, vowing revenge.

Around 3 p.m., the Earps and Holliday spotted the five members of the Clanton-McLaury gang in a vacant lot behind the OK Corral, at the end of Fremont Street. The famous gunfight that ensued lasted all of 30 seconds, and around 30 shots were fired. Though it’s still debated who fired the first shot, most reports say that the shootout began when Virgil Earp pulled out his revolver and shot Billy Clanton point-blank in the chest, while Doc Holliday fired a shotgun blast at Tom McLaury’s chest. Though Wyatt Earp wounded Frank McLaury with a shot in the stomach, Frank managed to get off a few shots before collapsing, as did Billy Clanton. When the dust cleared, Billy Clanton and the McLaury brothers were dead, and Virgil and Morgan Earp and Doc Holliday were wounded. Ike Clanton and Claiborne had run for the hills.

Aftermath

The funerals for Clanton and the McLaurys (who were relatively wealthy men) were the largest ever seen in Tombstone, drawing over 2,000 people. The fear of the Cowboys caused many Tombstone residents and businesses to reconsider their calls for the mass killing of Cowboys. Although rowdy, the Cowboys brought substantial business into Tombstone.

The fear of Cowboy retribution and the potential loss of investors because of the negative publicity in large cities such as San Francisco started to turn the opinion somewhat against the Earps and Holliday. Stories that Ike Clanton and Tom McLaury were unarmed, and that Billy Clanton and Tom McLaury even threw up their hands before the shooting, now began to make the rounds. Soon, another Clanton brother (Phineas “Fin” Clanton) had arrived in town, and some began to claim that the Earps and Holliday had committed murder, instead of enforcing the law.

The Spicer hearing

After the gunfight, Wyatt Earp and Doc Holliday (the two men not formally employed as law officers, and the two least wounded) were charged with murder. After extensive testimony at the preliminary hearing to decide if there was enough evidence to bind the men over for trial, the presiding Justice of the Peace Wells Spicer ruled that there was not enough evidence to indict the men. Two weeks later, a grand jury followed Spicer’s finding, and also refused to indict. Spicer, in his ruling, criticized City Marshal Virgil Earp for using Wyatt and Doc as backup temporary deputies, but not for using Morgan, who had already been wearing a City Marshal badge for nine days. However, it was noted that if Wyatt and Holliday had not backed up Marshal Earp, then he would have faced even more overwhelming odds than he had, and could not possibly have survived.

The participants in later history

A few weeks following the grand jury refusal to indict, Virgil Earp was shot by hidden assailants from an unused building at night – a wound causing him complete loss of the use of his left arm. Three months later Morgan Earp was murdered by a shot in the back in Tombstone by men shooting from a dark alley.

After these incidents, Wyatt, accompanied by Doc Holliday and several other friends, undertook what has later been called the Earp vendetta ride in which they tracked down and killed the men whom they believed had been responsible for these acts. After the vendetta ride, Wyatt and Doc left the Arizona Territory in April, 1882 and parted company, although they remained in contact.

Billy Claiborne was killed in a gunfight in Tombstone in late 1882, by gunman Franklin Leslie.

Ike Clanton was caught cattle rustling in 1887, and shot dead by lawmen while resisting arrest.

Later in 1887, just over six years from the time of the O.K. fight, Doc Holliday died of tuberculosis in Glenwood Springs, Colorado, aged 36.

Virgil Earp served as the “Town Marshal,” hired by the Southern Pacific RR, in Colton, California. He lived without the use of his arm, although continued as a lawman in California, and died of pneumonia at age 62 in 1905, still on the job as a peace officer.

Johnny Behan failed even to be re-nominated by his own party for the sheriff race in 1882, and never again worked as a lawman, spending the rest of his life at various government jobs, dying in Tucson of natural causes at age 67 in 1912.

Wyatt Earp, the last survivor of the fight, traveled across the western frontier for decades in the company of Josephine Marcus, working mostly as a gambler, and eventually died in Los Angeles of infection, in 1929, at the age of 80.

A legacy of questions

The issue of fault at the O.K. Corral shooting has been hotly debated over the years. To this day, Pro-Earp followers view the gunfight as a struggle between “Law-and-order” against out-of-control Cowboys; Pro-Clanton/McLaury followers view it as a political vendetta and abuse of authority.

A recent attempt to reinvestigate part of the matter aired on an episode of Discovery Channel’s Unsolved History using modern technology to re-enact the shotgun shooting which was part of the incident. However, the re-enactment did not use 19th century period technology (a late 19th century shotgun messenger type short shotgun, brass cases, black powder). The episode concluded that Doc Holliday may have triggered the fight by cocking both barrels of his shotgun, but was likely not the first shooter.

In April 2010, original transcripts of witness statements were rediscovered in Bisbee, Arizona, and are currently being preserved and digitized. Photocopies of these documents have been available to researchers since 1960, and new scans of them will be made available for public viewing online.

Punting the Pundits

“Punting the Pundits” is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.

Thanks to ek hornbeck, click on the link and you can access all the past “Punting the Pundits”.

Follow us on Twitter @StarsHollowGzt

Dean Baker: Why Even President Obama Won’t Champion Social Security

Although millions of middle-class Americans strongly support social security, big bucks campaign donors hate it. That’s why

It is remarkable that social security hasn’t been a more prominent issue in the presidential race. After all, Governor Romney has proposed a plan that would imply cuts of more than 40% for middle-class workers just entering the labor force. Since social security is hugely popular across the political spectrum, it would seem that President Obama could gain an enormous advantage by clearly proclaiming his support for the program.

But President Obama has consistently refused to rise to the defense of social security. In fact, in the first debate, he explicitly took the issue off the table, telling the American people that there is not much difference between his position on social security and Romney’s.

Charles M. Blow: Paul Ryan’s Poverty Play

Paul Ryan gave a speech on poverty and economic mobility.

No, that’s not the beginning of one of those a-man-walks-into-a-bar jokes. It actually happened.

Ryan delivered the speech Wednesday in Cleveland. “In this war on poverty,” he said, “poverty is winning.” What he didn’t say is that he and his budget have taken sides in that war – and not on the side of the poor.

This is just the latest of Mitt Romney’s home-stretch attempts to kick up the dust of confusion, soften harsh rhetoric and policies, and slip into the White House.

But there’s a problem: Ryan’s budget was actually printed – on paper, at that. It was passed by the House in March. It can be examined and evaluated.

Margaret Kimberly: Freedom Rider: Not Voting for Obama

The top Democrat and Republican have clashed face-to-face three times – and emerged far more alike than different. “Given this degree of collusion, why would it be so terrible if Obama lost?” The presidential electoral exercise looks more like an exorcism in which both parties are the Devil.

Two weeks before Election Day, most polling indicates that Barack Obama has sufficient support to win an electoral college victory. If the past four years are any indication, that victory will do little to help the millions of people who put Obama in office. His claims of success are either dubious or obviously harmful for people in this country and around the world. [..]

On November 6th it is perfectly acceptable, morally right, and politically principled to boycott the election or to vote for a party other than the Democrats. Hand wringing about a Romney victory is mostly phony, and geared to keep progressives silent in the face of each new assault. Obama may win after all, but it shouldn’t be because people who claim to be on the left are complicit and a party to his wrongdoing.

Elaine Goldsmith: Is the Clock Turning Back for Women’s Rights?

Whether I like it or not, I am an old lady now. I won’t tell you how old — but trust me. As I watch the election, I find myself worrying about my granddaughters and great-granddaughters. Are we at risk of turning back the clock on women’s rights?

When I was young, my girlfriends and I all worked to make our lives count. We wanted our bodies to be ours — just as men’s are theirs. No one can tell a man what he can or can’t legally do to his body, nor should anyone tell a woman, either. We spoke out, organized, got our parents involved, and encouraged them to get their friends involved.

When Griswold v. Connecticut was decided in 1965, protecting the right to birth control, we knew change was possible. When Roe v. Wade was decided in 1973, giving women the right to choose, we knew change had arrived. Nobody is pro-abortion — but anyone who saw the world of back-alley abortions and botched procedures, as I did, would ever want to go back to those days.

Gail Collins: Connecticut Smack-Down

“I got into the race after looking at the faces of my six little grandchildren,” said Linda McMahon.

She is the Republican candidate for the United States Senate in Connecticut, and, over the last three years, she has spent more than $77 million attempting to get elected. When the little grandchildren are grown into the heirs to the McMahon family fortune, do you think they’ll regard that as a good choice?

Linda McMahon is famous for two things: spending piles and piles of money on Senate campaigns, and being a mogul in the world of professional wrestling. She and her husband, Vince, built the empire of sleeper holds and body slams that is known as World Wrestling Entertainment.

Robert Reich: Mitt Romney’s Question-Mark Economy

As we close in on Election Day, the questions about what Mitt Romney would do if elected grow even larger. Rarely before in American history has a candidate for president campaigned on such a blank slate.

Yet, paradoxically, not a day goes by that we don’t hear Romney, or some other exponent of the GOP, claim that businesses aren’t creating more jobs because they’re uncertain about the future. And the source of that uncertainty, they say, is President Obama — especially his Affordable Care Act (Obamacare) and the Dodd-Frank Act, and uncertainties surrounding Obama’s plan to raise taxes on the wealthy.

In fact, Romney has created far more uncertainty. He offers a virtual question mark of an economy.

On This Day In History October 25

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

October 25 is the 298th day of the year (299th in leap years) in the Gregorian calendar. There are 67 days remaining until the end of the year.

On this day in 1774, the First Continental Congress sends a respectful petition to King George III to inform his majesty that if it had not been for the acts of oppression forced upon the colonies by the British Parliament, the American people would be standing behind British rule.

Despite the anger that the American public felt towards the United Kingdom after the British Parliament established the Coercive Acts, called the Intolerable Acts by the colonists, Congress was still willing to assert its loyalty to the king. In return for this loyalty, Congress asked the king to address and resolve the specific grievances of the colonies. The petition, written by Continental Congressman John Dickinson, laid out what Congress felt was undo oppression of the colonies by the British Parliament. Their grievances mainly had to do with the Coercive Acts, a series of four acts that were established to punish colonists and to restore order in Massachusetts following the Boston Tea Party..

Passage of the Acts

In Boston, Massachusetts, the Sons of Liberty protested against Parliament’s passage of the Tea Act in 1773 by throwing tons of taxed tea into Boston Harbor, an act that came to be known as the Boston Tea Party. News of the event reached England in January 1774. Parliament responded with a series of acts that were intended to punish Boston for this illegal destruction of private property, restore British authority in Massachusetts, and otherwise reform colonial government in America.

On April 22, 1774, Prime Minister Lord North defended the program in the House of Commons, saying:

The Americans have tarred and feathered your subjects, plundered your merchants, burnt your ships, denied all obedience to your laws and authority; yet so clement and so long forbearing has our conduct been that it is incumbent on us now to take a different course. Whatever may be the consequences, we must risk something; if we do not, all is over.

The Boston Port Act, the first of the acts passed in response to the Boston Tea Party, closed the port of Boston until the East India Company had been repaid for the destroyed tea and until the king was satisfied that order had been restored. Colonists objected that the Port Act punished all of Boston rather than just the individuals who had destroyed the tea, and that they were being punished without having been given an opportunity to testify in their own defense.

The Massachusetts Government Act provoked even more outrage than the Port Act because it unilaterally altered the government of Massachusetts to bring it under control of the British government. Under the terms of the Government Act, almost all positions in the colonial government were to be appointed by the governor or the king. The act also severely limited the activities of town meetings in Massachusetts. Colonists outside Massachusetts feared that their governments could now also be changed by the legislative fiat of Parliament.

The Administration of Justice Act allowed the governor to move trials of accused royal officials to another colony or even to Great Britain if he believed the official could not get a fair trial in Massachusetts. Although the act stipulated that witnesses would be paid for their travel expenses, in practice few colonists could afford to leave their work and cross the ocean to testify in a trial. George Washington called this the “Murder Act” because he believed that it allowed British officials to harass Americans and then escape justice. Some colonists believed the act was unnecessary because British soldiers had been given a fair trial following the Boston Massacre in 1770, with future Founding Father John Adams representing the Defense.

The Quartering Act applied to all of the colonies, and sought to create a more effective method of housing British troops in America. In a previous act, the colonies had been required to provide housing for soldiers, but colonial legislatures had been uncooperative in doing so. The new Quartering Act allowed a governor to house soldiers in other buildings if suitable quarters were not provided. While many sources claim that the Quartering Act allowed troops to be billeted in occupied private homes, historian David Ammerman’s 1974 study claimed that this is a myth, and that the act only permitted troops to be quartered in unoccupied buildings. Although many colonists found the Quartering Act objectionable, it generated the least protest of the Coercive Acts.

The Quebec Act was a piece of legislation unrelated to the events in Boston, but the timing of its passage led colonists to believe that it was part of the program to punish them. The act enlarged the boundaries of what was then the colony of “Canada” (roughly consisting of today’s Canadian provinces of Quebec and Ontario as well as the Great Lakes’ American watershed), removed references to the Protestant faith in the oath of allegiance, and guaranteed free practice of the Roman Catholic faith. The Quebec Act offended a variety of interest groups in the British colonies. Land speculators and settlers objected to the transfer of western lands previously claimed by the colonies to a non-representative government. Many feared the establishment of Catholicism in Quebec, and that the French Canadians were being courted to help oppress British Americans.

Punting the Pundits

“Punting the Pundits” is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.

Thanks to ek hornbeck, click on the link and you can access all the past “Punting the Pundits”.

Wednesday is Ladies’ day.

Follow us on Twitter @StarsHollowGzt

Kristen Breitweiser: Droning On — But Where’s the Dialogue?

This morning the topic of drones was raised on MSNBC’s Morning Joe. I never thought I’d actually agree with Morning Joe’s Joe Scarborough, but I do.

Scarborough courageously spoke the truth about the long-term dangerous effects of ANY U.S. President’s use of drones. And he went further by saying that it was time Americans started educating themselves and having a serious dialogue about our nation’s drone use overseas. I couldn’t agree more with him.

Joe Scarborough said what few Democrats or Republicans are willing to say because they either fear publicly criticizing “their own” President or appearing in any degree soft on extremism. [..]

As a 9/11 widow, I am no shrinking violet when it comes to defending ourselves against extremists; I’m all for being tough on terrorists. But, in my opinion, no U.S. President should ever have the sole sweeping power to assassinate anyone without others–including to some degree the rest of the world– looking over their shoulder.

Jessica Valente: Ending Rape Illiteracy

This week, a DC-based feminist group projected the phrase “rape is rape” onto the US Capitol building. The action was meant to highlight survivors’ stories and bring attention to the way rape is often mischaracterized. The sentiment may seem an obvious one-who doesn’t understand what rape is?-but the message, sadly, is much needed. It was only this January that the FBI updated its archaic definition of rape, male politicians’ “gaffes” about rape have become par for the course, and victim-blaming in the culture and courts runs rampant.

Feminists have done a lot to change policies, but not enough to change minds. Despite decades of activism on sexual assault-despite common sense, even-there is still widespread ignorance about what rape is, and this absence of a widely understood and culturally accepted definition of sexual assault is one of the biggest hurdles we have in chipping away at rape culture.

Laura Flanders: What a Difference Other Candidates Make

Haven’t read Lee Fang’s excellent expose on the lobbyists controlling the Presidential Debate Committee? You should. Then imagine what these debates would be like if things were very different. For one thing, there might be more parties’ candidates included.

Thanks to Democracy Now!, Jill Stein of the Green Party and Rocky Anderson of the Justice Party have been able to take part in three virtually expanded debates. On no occasion was the contrast greater than in the foreign policy debate Tuesday night. While the word clouds over the Obama/Romney debate screamed “crippling, kill, world leader, Israel,” the debate over at Democracy Now! kept coming back to international law, climate change, morality and human rights. [..]

For democracy to flourish, we need not only a corporation-free debate committee, we need a way to break through the monopoly of the two-party system. That problem’s only gotten harder as the wealth gap has grown and the cost of competing for office in this country has skyrocketed. What’s the number-one security threat facing American democracy? If last night’s debate is anything to go by, it’s the narrow range of policy alternatives on basic issues brought to us by Big Money in politcs.

Katrina vanden Heuvel; Paul Wellstone – 10 years later

It’s been ten years since we lost Paul Wellstone, a relentless champion, a true public servant and one of the very few social movement senators we’ve ever had. He was the first politician whose death made me weep. But in an era of craven compromises and bipartisan austerity, it seems almost unfair to call Paul Wellstone a politician at all. [..]

But Wellstone’s legacy is equally clear in the work of an array of grassroots organizations inspired or re-invigorated by his efforts. Among the most significant is Wellstone Action, which happily labors year in and year out, training organizers, activists and candidates (55,000 and counting) in electoral and issue organizing. Wellstone Action Executive Director Ben Goldfarb says that as an alternative to “triangulation,” the group is fostering “the Wellstone triangle: connecting ‘core community organizing,’ ‘engaging directly in elections [as] an arena in which you can actually build and demonstrate power’ and ‘a public policy agenda.’ ” He adds that there are “a lot of folks who believe you can make change in one of those three, or two of those three, and very few who really get how to weave them all together. That was something [Wellstone] showed, and taught and talked about his entire life.”

Leslie Savan: Sweaty vs. Steady: Body Language in the Third Debate

Mitt Romney’s calling card has always been his corporate crispness, at least from the chest up. His finely tailored suit jackets made his shoulders look broad and his chest solid; he was all jaw with a slap of bracing aftershave that you could almost smell through the TV. Fresh and ready to command his morning board meeting, Romney “looked like a president,” as pundits repeatedly declared and as he did, in fact, look in the first debate.

Last night, he was crumpled and rumpled. He forgot Rule #1 for males who sit before TV cameras: sit on the tail of your jacket so it doesn’t bunch up around your shoulders. It bunched. And instead of Old Spice, he wore fresh sweat. [..]

At the end of the debate, Obama was the first to stand up. Romney stood a beat later, and started to come around the back of the table for the ritual handshake and shoulder grab. Obama quickly pointed to the front of the table and walked there.

Romney took his directions and followed.

Jane Gleeson-White: Is GDP’s Reign as the Only Measure of Wealth Coming to an End?

Challenges to the supremacy of gross domestic product, which ignores natural and household contributions, are growing

Britain has now posted three consecutive quarters of declining gross domestic product – the most recent figures show the economy has shrunk by 0.5%. With the latest set of GDP figures due to be released later this week, the nation remains sunk in the longest recession since the second world war.

But GDP is also coming under a different sort of scrutiny in these days of economic woe. GDP measures all legal transactions in the financial economy – no more and no less. And yet, since its inception in the 1930s, it has become the single most important policy tool for governments, financial institutions and corporations. Governments and many people believe that only this one miraculous figure can really show whether things are getting better or getting worse.

But GDP is a partial and misleading measure of national wealth and wellbeing. The problem is that it does not measure key goods in our economy, those unpriced but priceless services carried out by domestic workers and by nature – for example, the coastal defence of coral reefs, the pollution-filtering of wetlands, the nutrient recycling done by the soil and the unpaid work we do in our homes.

On This Day In History October 24

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

October 24 is the 297th day of the year (298th in leap years) in the Gregorian calendar. There are 68 days remaining until the end of the year.

On this day in 1901, a 63-year-old schoolteacher named Annie Edson Taylor becomes the first person to take the plunge over Niagara Falls in a barrel. After her husband died in the Civil War, the New York-born Taylor moved all over the U. S. before settling in Bay City, Michigan, around 1898. In July 1901, while reading an article about the Pan-American Exposition in Buffalo, she learned of the growing popularity of two enormous waterfalls located on the border of upstate New York and Canada. Strapped for cash and seeking fame, Taylor came up with the perfect attention-getting stunt: She would go over Niagara Falls in a barrel.

Desiring to secure her later years financially, she decided she would be the first person to ride Niagara Falls in a barrel. Taylor used a custom-made barrel for her trip, constructed of oak and iron and padded with a mattress. Several delays occurred in the launching of the barrel, particularly because no one wanted to be part of a potential suicide. Two days before Taylor’s own attempt, a domestic cat was sent over the Horseshoe Falls in her barrel to test its strength. Contrary to rumors at the time, the cat survived the plunge unharmed and later was posed with Taylor in photographs.

On October 24, 1901, her 63rd birthday, the barrel was put over the side of a rowboat, and Taylor climbed in, along with her lucky heart-shaped pillow. After screwing down the lid, friends used a bicycle tire pump to compress the air in the barrel. The hole used for this was plugged with a cork, and Taylor was set adrift near the American shore, south of Goat Island.

The Niagara River currents carried the barrel toward the Canadian Horseshoe Falls, which has since been the site for all daredevil stunting at Niagara Falls. Rescuers reached her barrel shortly after the plunge. Taylor was discovered to be alive and relatively uninjured, save for a small gash on her head. The trip itself took less than twenty minutes, but it was some time before the barrel was actually opened. After the journey, Annie Taylor told the press:

If it was with my dying breath, I would caution anyone against attempting the feat… I would sooner walk up to the mouth of a cannon, knowing it was going to blow me to pieces than make another trip over the Fall.

She briefly earned money speaking about her experience, but was never able to build much wealth. Her manager, Frank M. Russell, decamped with her barrel, and most of her savings were used towards private detectives hired to find it. It was eventually located in Chicago, only to permanently disappear some time later.

Annie Taylor died on April 29, 1921, aged 82, at the Niagara County Infirmary in Lockport, New York. She is interred in the “Stunters Section” of Oakwood Cemetery in Niagara Falls, New York.

Barofsky on Pandit and Obama Failures: Part 1

In a web exclusive interview, Neil Barofsky, the former Special Inspector General for the U.S. Troubled Asset Relief Program (TARP), talks with Bill Moyers about the resignation of Citibank CEO, Vikram Pandit and his disappointment with President Barack Obama’s choice to protect the big banks instead of regulating them.

“I think that you have to view [Pandit’s] career through that prism of being one of the worst-performing of a group of bad banks. To receive all that money and really to accomplish what he accomplished was mostly because of taxpayer generosity and the incredible political connections that Citigroup had in Washington. And basically cashing out those connections,” Barofsky tells Bill. [..]

“I thought that if there was ever going to be a political figure that would take on the interests of Wall Street, it was going to be President Obama. And that just didn’t happen,” Barofsky says. “It was the exact opposite of that… He had the same ideology as Secretary Geithner and, frankly, the same ideology as a lot of those people who came from Wall Street.””

This is the first of two parts and focuses on Mr. Pandit’s sudden departure.

Live Stream: 3rd Party candidates Debate

This is the first of two debates that feature candidates for president who were shut out by the Commission on Presidential Debates. A second debate will be held on October 30.

Third-party candidates set for US debate

Representatives of the Libertarian, Green, Constitution, and Justice parties to hold presidential debate in Chicago.

Four third-party candidates, who were not invited to the presidential debates between President Barack Obama and former Massachusetts Governor Mitt Romney, are to face other in Chicago.

Tuesday’s debate is hosted by the Free and Equal Elections Foundation, a group promoting a more open electoral process, and will be moderated by talk show host Larry King.

“It’s a two-party system, but not a two-party system by law,” King said. Obama and Romney were also invited, but declined to attend.

The participants include former Salt Lake City mayor Rocky Anderson, former Virginia congressman Virgil Goode, former New Mexico governor Gary Johnson, and Green Party nominee Jill Stein, who ran against Romney in Massachusetts in 2002.

Since 1988, candidates have only been invited by the Commission on Presidential Debates to participate if polls find they have more than 15 per cent support.

So far, only one candidate has met that criterion, the billionaire Ross Perot, who debated Bill Clinton and George H W Bush in 1992.

Alternative presidential debates for third-party candidates have been held since 1996, but George Farah, author of No Debate: How the Republican and Democratic Parties Secretly Control the Presidential Debates, says he “[doesn’t] remember one getting this much attention, having Larry King moderate it.”

A second third-party match-up will be held on October 30.

Up Date: C-Span will broadcast the debate live starting at 9 PM EDT.

Follow debate on Twitter #thirdpartydebate

Stock Market Tumbles on Bad News

U.S. Stocks Fall Sharply

by Nathaniel Popper, New York Times

The Dow Jones industrial average finished the day down 1.8 percent, or 243.36 points, to end at 13,102.53, its worst performance since June. The losses added to the big declines on Friday, and dropped leading indexes to their lowest levels since early September, before the Federal Reserve announced its latest monetary stimulus program.

Since the Standard & Poor’s 500 index hit this year’s high of 1,465.77 on Sept. 14, the benchmark index has fallen 3.6 percent. It finished Tuesday down 1.4 percent, or 20.71 points, to 1,413.11.

Share futures were falling even before the opening bell because of disappointing financial results from American companies. The chemical maker DuPont said Tuesday morning that its revenue was down 9 percent in the third quarter from a year ago, and that it would eliminate 1,500 jobs. The company’s stock ended down 9.1 percent.

Thomson Reuters said Tuesday that 63 percent of the companies that have reported earnings so far have given revenue figures for the third quarter that were lower than what analysts expected.

Stock Market Suffers Worst Day In Months On Bernanke Separation Anxiety

by Mark Gongloff, Huffington Post

The stock market is freaking out like Bill Paxton’s panicky marine in “Aliens,” yelling “Game over, man! Game over!” All because it’s afraid of losing Ben Bernanke.

Late in the trading day on Tuesday, the Dow Jones Industrial Average was down more than 200 points, on track for its worst one-day loss since June. What had it in such a tizzy? There were lots of good reasons — third-quarter corporate earnings have been kind of awful, and Europe’s endless debt crisis continues.

But the main catalyst, according to Wall Street‘s best and brightest, are a couple of New York Times stories today, one by the well-sourced Andrew Ross Sorkin, suggesting that Federal Reserve Chairman Ben Bernanke probably won’t sign up for another term when his second term as Fed Chairman ends in January 2014. Binyamin Appelbaum runs through a handful of the possible replacements in a Mitt Romney administration, and at least one of them — Stanford’s John Taylor — is known to be opposed to Bernanke’s easy-money policies.

Of course the idea that Bernanke might be leaving should shock nobody, really. After eight years of riding herd on the worst economic crisis since the Great Depression, all the while being accused of treason and threatened with old-fashioned Texas lynchings, did anybody really expect that Ben would want another four years of this?

Apparently so. The market indeed seems shocked and horrified by the idea that it will no longer be able to depend on what’s come to be known as the “Bernanke Put” — the implied promise that Bernanke won’t let the stock market fall too far before riding to the rescue with another helicopter-load of money.

Sounds like a combination of the continued recession at the bottom of the economic stratus is trickling up to the top, at last, and the poor dears on Wall St. are concerned that they’re losing their “sugar daddy”. Tell me again why they hate Obama?

The 3rd Obama – Romney Debate: Foreign Policy

The third and final debate between President Barack Obama and his challenger, Governor Mitt Romney took place in Boca Raton, FL at Lynn University moderated by Bob Schieffer, host of CBS’s “Face the Nation.” The focus was on foreign policy with most of the questions centering on the unrest in the Middle East, the conflict in Afghanistan, the military and the war on terror. Many of the pundits and snap polls gave the “win” to Pres. Obama, who let loose with a few well placed “zingers” in response to Gov. Romney’s criticism of his foreign policy. The “horses and bayonets” quip countering Gov Romney’s criticism of the US Navy’s fleet strength. Here is some the more balanced analysis from the left who had as much to say about the Obama administration’s bungled foreign policy, as they did about the dubious future policies of a President Romney.

From David Dayen, FDL News Desk, article, We Don’t Have an American Foreign Policy Debate

While Mitt Romney hid behind Barack Obama and displayed about as much independent thought as a college student who didn’t cram enough the night before the test and spent the whole time looking at his neighbor’s paper, his neighbor Barack Obama reflected so strongly the smoldering wreck that is this nation’s foreign policy consensus.

It’s amazing that the Republican Party, once associated almost totally with a “strong national defense,” would give up so completely on foreign policy, to the extent that they have no identity whatsoever on the issue. Romney agreed with every Obama position but said the nation needed a “comprehensive strategy” to deal with the world, the equivalent of Gerald Ford’s “Whip Inflation Now” buttons, a signifier without anything behind it.

But it’s also amazing to me that anyone would call the Republican candidate Peacenik Mitt, since on the one area by which we wage war in the 21st-century world, Mitt agreed “completely” on the use of drones. That’s increasingly the only way America and the west fights wars these days. So agreement on drones means agreement on the war strategy for the world powers over the next several decades. [..]

When war policy gets reduced to “send flying robots overhead to strike,” eliciting no sacrifice on the part of the general population, it becomes much easier to make these calls, to sign off on interventions in Libya or Somalia or Yemen or Mali or wherever else. [..]

From Glenn Greenwald‘s comments during the live blog of the debate at The Guardian:

9.34pm: Both candidates are eager to ignore the topic of this debate – foreign policy – in order to talk about the economy because they perceive, accurately, that this is what most voters care about, and because they don’t really have much to disagree in the foreign policy area. And so they are now dispensing with any pretense and regurgitating their economics debate.

But US foreign policy actually does have a significant relationship to the economy- namely, the massive military, the constant aggression, war and occupation, the hundreds of military bases around the world all drain resources away from far more constructive purposes – but neither of these two candidates will dare to question any of those imperial premises, so they can’t actually address the prime economic impact of US foreign policy. [..]

10.22pm: A primary reason this debate is so awful is because DC media people like Bob Scheiffer have zero interest in challenging any policy that is embraced by both parties, and since most foreign policies are embraced by both parties, he has no interest in challenging most of the issues that are relevant: drones, sanctions, Israel, etc.

10.34pm: That was just a wretched debate, with almost no redeeming qualities. It was substance-free, boring, and suffuse with empty platitudes. Bob Scheiffer’s questions were even more vapid and predictably shallow than they normally are, and one often forgot that he was even there (which was the most pleasant part of the debate.)

The vast majority of the most consequential foreign policy matters (along with the world’s nations) were completely ignored in lieu of their same repetitive slogans on the economy. When they did get near foreign policy, it was to embrace the fundamentals of each other’s positions and, at most, bicker on the margin over campaign rhetoric.

Numerous foreign policy analysts, commentators and journalists published lists of foreign policy questions they wanted to hear asked and answered at this debate. Almost none was raised. In sum, it was a perfect microcosm of America’s political culture.

10.56pm: Echoing a common refrain of progressives, Andrew Sullivan after the debate says that Obama has “restored America’s moral standing in the world”. I suppose one can say that if one excludes the entire Muslim world from “the world”, as many do, because in that rather large and important part of the world, there has been no restoration of any kind. Quite the opposite. See, just as a beginning, here, here, here, and here.

From lambert‘s Mission elapsed time: T + 45 and counting* at Corrente:

Obama vs. Romney Round III. Recently, I’ve started taking the bus into town, so I can caffeinate myself and work on my laptop in a milieu that could make me feel like I lived in a city again, if I were able to suspend disbelief, which I can’t.

Point being that I take the last bus home, and the last bus here, like last buses everywhere, is filled with characters. A selection of characters I’m highly confident is drawn from populations that are under this or that form of supervison. Most exhibit detailed knowledge of pharmaceuticals, especially barbiturates. Their language is technical and official. They are expert in brands, dosages, arrests, trials, hearings, sentences, and treatment regimens. They trade tips. Most present well; they speak fluently and often, especially of compliance, recovery, and the disasters of others.

And heaven knows what they do when they get home.

So, tonight, listening to our affectless, sweating, droning candidates speak so fluently and present so well, I couldn’t but be reminded of junkies on the last bus. Because it really is about the next fix with these guys, isn’t it? It always is, with junk. Oil, money, power: Junk. Right in the imperial vein.

From Gary Younge‘s comment at The Guardian:

Obama fires and Romney falters but third debate fails to find a flourish

The president did better than an unconvincing Romney – but it’s difficult to imagine this debate changed minds or won hearts

If the world could vote on 6 November, Barack Obama would win by a landslide. A global poll for the BBC World Service revealed that 20 out of 21 countries preferred the president to his challenger. But when you watched the presidential debate on foreign policy on Monday night you had to wonder why. Not because Mitt Romney was better, but because on matters of policy, Obama was almost as bad. It takes a friend to reveal the harsh truth to the global community, so here it is: “Obama’s just not that into you.”

No one could love Israel more, care less about the Palestinians, put more pressure on Iran or be a greater fan of drone attacks or invading Libya. Both candidates agreed that America’s task was to spread freedom around the world: nobody mentioned Guantánamo Bay, Abu Ghraib or rendition. “Governor, you’re saying the same things as us, but you’d say them louder,” said Obama. It was a good line. The trouble was it condemned them both.

Charles Pierce, in his analysis at Esquire noted some significant glaring ommissions:

A discussion of foreign policy that did not mention climate change. (Four debates and nary a mention. Somebody else is going to have to tell the polar bears.) A discussion of foreign policy that mentioned teacher’s unions exactly as many times – once – as it mentioned the Palestinians, and I am not making that statistic up. A discussion of foreign policy that did not mention hunger, or thirst, or epidemic disease, but spent better than ten minutes on The Fking Deficit. (Here Romney cited in defense of his position that noted political economist, Mahmoud Ahmadinejad.) A discussion of foreign policy that was all about threats, real and imagined, and wars, real or speculative, and weapons, and how many of them we should build in order to feel safe in this dangerous world.

There is no light between them.

Expanded Debate with the Other Presidential Candidates: Third Debate

Exclusive: As Obama and Romney Agree on Afghan War, Israel and Syria, Third Parties Give Alternative

In the last of our exclusive “Expanding the Debate” series, we bring you highlights of our coverage of last night’s final presidential debate between President Obama and Mitt Romney, with the added voices of third-party candidates. As Obama and Romney faced off for the last time before the general election, we once again broke the sound barrier by inserting Jill Stein of the Green Party and Rocky Anderson of the Justice Party into the discussion. In an evening focused on foreign policy, both Obama and Romney shared wide agreement on issues including support for the Israeli government, the withdrawal of U.S. forces from Afghanistan, and opposition to U.S. military involvement in Syria. But they clashed over a few key points, including military spending, negotiating with Iran, and responding to the Libyan embassy attack. Before a live audience in San Rafael, California, we aired the Obama-Romney debate and paused the tape to give Stein and Anderson a chance to respond in real time to the same questions put to the major-party candidates.

Transcript here.

There is a Third Party debate scheduled for tonight at 9 PM EDT, October 23, in Chicago hosted by Larry King. None of the major networks or cable news sites are carrying the debate. C-Span had not yet decided of they would air the debate with four third-party candidates, Libertarian Party nominee Gary Johnson, Green Party nominee Jill Stein, Constitution Party nominee Virgil Goode, and Justice Party nominee Rocky Anderson, which is being hosted by the nonpartisan Free and Equal Elections Foundation. It will be carried live by Al Jazeera:

Link TV will also carry Al Jazeera English’s broadcast in areas where the network still isn’t available on the cable dial. In addition, Russia Today announced plans Friday to air the debate on the RT America television network and on RT.com. The debate will also be streamed by Ora TV, home to Larry King’s online talk show, and on Free and Equal’s site.

We will have the debate Live stream at both The Stars Hollow Gazette and Docudharma.

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