Shocked! Niall Ferguson: Obama’s Gotta Go

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lennygoran
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Shocked! Niall Ferguson: Obama’s Gotta Go

Post by lennygoran » Thu Aug 23, 2012 6:49 am

What a shock to finally get to my Newsweek this morning and see this cover story--here's the final part of it. :( He's quite impressed by Ryan.

"I first met Paul Ryan in April 2010. I had been invited to a dinner in Washington where the U.S. fiscal crisis was going to be the topic of discussion. So crucial did this subject seem to me that I expected the dinner to happen in one of the city’s biggest hotel ballrooms. It was actually held in the host’s home. Three congressmen showed up—a sign of how successful the president’s fiscal version of “don’t ask, don’t tell” (about the debt) had been. Ryan blew me away. I have wanted to see him in the White House ever since.

It remains to be seen if the American public is ready to embrace the radical overhaul of the nation’s finances that Ryan proposes. The public mood is deeply ambivalent. The president’s approval rating is down to 49 percent. The Gallup Economic Confidence Index is at minus 28 (down from minus 13 in May). But Obama is still narrowly ahead of Romney in the polls as far as the popular vote is concerned (50.8 to 48.2) and comfortably ahead in the Electoral College. The pollsters say that Paul Ryan’s nomination is not a game changer; indeed, he is a high-risk choice for Romney because so many people feel nervous about the reforms Ryan proposes.


Want to discuss this week's cover story? Use the hashtag #HitTheRoadBarack--just as it appears on the cover.
19 Aug 12

But one thing is clear. Ryan psychs Obama out. This has been apparent ever since the White House went on the offensive against Ryan in the spring of last year. And the reason he psychs him out is that, unlike Obama, Ryan has a plan—as opposed to a narrative—for this country.

Mitt Romney is not the best candidate for the presidency I can imagine. But he was clearly the best of the Republican contenders for the nomination. He brings to the presidency precisely the kind of experience—both in the business world and in executive office—that Barack Obama manifestly lacked four years ago. (If only Obama had worked at Bain Capital for a few years, instead of as a community organizer in Chicago, he might understand exactly why the private sector is not “doing fine” right now.) And by picking Ryan as his running mate, Romney has given the first real sign that—unlike Obama—he is a courageous leader who will not duck the challenges America faces.

The voters now face a stark choice. They can let Barack Obama’s rambling, solipsistic narrative continue until they find themselves living in some American version of Europe, with low growth, high unemployment, even higher debt—and real geopolitical decline.

Or they can opt for real change: the kind of change that will end four years of economic underperformance, stop the terrifying accumulation of debt, and reestablish a secure fiscal foundation for American national security.

I’ve said it before: it’s a choice between les États Unis and the Republic of the Battle Hymn.

I was a good loser four years ago. But this year, fired up by the rise of Ryan, I want badly to win."

http://www.thedailybeast.com/newsweek/2 ... to-go.html

Regards, Len

jbuck919
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Re: Shocked! Niall Ferguson: Obama’s Gotta Go

Post by jbuck919 » Thu Aug 23, 2012 7:10 am

A blatant editorial as the cover story? What happened to Newsweek while I wasn't looking? (Yes, I know about the merger with The Daily Beast, but when did it become, like, Fox Newsweek?)

There's nothing remarkable about it. All one has to do is hit the right keys at the right time and the instrument plays itself.
-- Johann Sebastian Bach

lennygoran
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Re: Shocked! Niall Ferguson: Obama’s Gotta Go

Post by lennygoran » Thu Aug 23, 2012 7:30 am

jbuck919 wrote:A blatant editorial as the cover story? What happened to Newsweek while I wasn't looking? (Yes, I know about the merger with The Daily Beast, but when did it become, like, Fox Newsweek?)
Gee I've been getting it for years--I didn't know it had! This is why I was so shocked. Regards, Len

jbuck919
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Re: Shocked! Niall Ferguson: Obama’s Gotta Go

Post by jbuck919 » Thu Aug 23, 2012 9:26 am

They're getting a lot of flack for it. Of course, a lot of people will be influenced in favor of Romney just because it is Newsweek without worrying about facts or journalistic integrity--which I am sure is what Ferguson is hoping for.


Newsweek Ferguson

The controversy over Newsweek's latest issue is continuing to swirl, and the magazine itself is coming under fire.

What might be called "l'affaire Ferguson" erupted on Sunday, when Paul Krugman lit into writer Niall Ferguson for what he deemed to be unforgivable factual errors in Ferguson's cover story for the magazine. Ferguson then responded to Krugman, saying that he had been telling the truth and nothing but.

His response was followed by a whole phalanx of fact-checkers, economists and bloggers who trashed the story and Ferguson's rebuttal, saying that both were filled with distortions and falsehoods about Obama's record. The biggest issue people took was with Ferguson's seeming use of a part of the Affordable Care Act as a way to say the whole act would add to the deficit, though the Congressional Budget Office has said it would not.

Ferguson replied rather blithely, taking to Fox News to say, "hell hath no fury like a liberal blogger scorned," and telling Bloomberg that he thinks his credibility is intact.

Newsweek, too, had a muted reaction to the outcry at first. It issued a statement saying that it was continuing to "monitor the debate," and posted an item on its website listing some of the reactions to the piece. It also admitted that it did not fact-check Ferguson's article.

Later, executive editor Justine Rosenthal said that the article should be viewed as opinion. "These are of course, informed, but they are arguments, not just reported pieces," she said in a video posted to the Daily Beast. "I'm not sure there is a clear delineation of right and wrong here."

The magazine came in for more than its fair share of criticism.

Leading the way was Capital New York editor Tom McGeveran, who said that editor Tina Brown was risking damaging her magazine. "If Newsweek's editor doesn't take it seriously, why should anybody?" he wrote.

Atlantic blogger Ta-Nehisi Coates also said that it was an embarrassing moment for Newsweek.

"Ferguson was not truthful in his article," he wrote. "Instead of his editors calling him on it, and noting it for the public, they lent him their website to double down on his dishonesty. And then to defend the initial error, the magazine cited current trends."

The Columbia Journalism Review's Ryan Chittum also chimed in.

"Tina Brown is finally getting her rag talked about, at least," he wrote. "But at a high cost to its credibility."

http://www.huffingtonpost.com/2012/08/2 ... _ref=media

There's nothing remarkable about it. All one has to do is hit the right keys at the right time and the instrument plays itself.
-- Johann Sebastian Bach

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