Wednesday, October 22, 2008

Would the Last Honest Reporter Please Turn On the Lights?

This financial crisis was completely preventable. The party that blocked any attempt to prevent it was ... the Democratic Party. The party that tried to prevent it was ... the Republican Party.

Yet when Nancy Pelosi accused the Bush administration and Republican deregulation of causing the crisis, you in the press did not hold her to account for her lie. Instead, you criticized Republicans who took offense at this lie and refused to vote for the bailout!

What? It's not the liar, but the victims of the lie who are to blame?

Something to consider...

In 1948, Gallup screwed with the weighting, assuming the republicans would turn out much in much larger numbers than the democrats, but they were wrong, and badly miscalled the election. In 1952 Gallup assumed the other way, that the race would be tight and down to the wire, but they blew that call as well. In 1976, Gallup assumed the opposite, that democrats would overwhelm republicans because of Watergate, but when it became obvious that republicans would vote anyway, Gallup had to change its model to show their participation more accurately. In 1980, Gallup called Carter ahead until the very end, when they grudgingly granted Reagan a small lead, yet another case where Gallup's assumptions were well off the mark. In 1996, Gallup overstated Clinton's support and understated Dole's support throughout the campaign, and in 2004 Gallup called the race too close to call.