Thursday, July 09, 2009

Palin's Departure Cuts Governors Who Are Women Down to Six

Only Six Women Governors Remain

Back in the day when I was campaigning for Liz Holtzman or Bella Abzug for their various offices, it seemed impossible that there might be a day when there were more than several governors who were women. Sarah Palin's strange and abrupt departure from her Alaska governorship now reduces women's leadership to only 6 women in that leadership role. Irrespective of her politics, which I reject and her seeming emotional instability--this is another example of--her leaving her governorship is a blow to women's leadership. As more and more of pop culture demonizes or mocks older women and slutifies young women--casting them only in sex saturated roles and identities, the potential for women in leadership roles in politics diminishes. So for that reason, and that reason only, I regret her leaving her post. While not the best role model out there for young women, she was some kind of leadership role model.

What WomenCount Says About Palin

 Stacy Mason, ED of WomenCount says

“When it comes to Sarah Palin, we’re damned if we do and we’re damned if we don’t.  WomenCount is a non-partisan, progressive organization that got its start during the Hillary Clinton campaign. So it’s no surprise that we don’t share Sarah Palin’s policy agenda or politics.

 

 But when we defended her during the campaign when she was the victim of gender bias because it was the right thing to do, we were attacked. When we criticized her on issues of policy and didn’t back her as some had hoped simply because she is a woman, we were attacked. When we were just silent and neither defended nor criticized her, we were attacked.

 
We can take the heat, and we did. But it all misses the point: If we had more women in office in the first place, Sarah Palin wouldn’t be the symbol that she is for women in politics.

Frankly, I am tired of hearing that Palin sets women back, that she has disappointed us, embarrassed us, and the worst, that she reflects badly on all women. Not because it’s not true, because I am afraid it is, but because it shouldn’t be. When a man in politics makes a misstep or a bad decision, does it reflect on all men? Ha.

Our colleague Meghan Harvey has reminded us often in this space that women governors are dropping like flies. With Palin’s resignation we’re down to six women governors around the country. That’s it, six out of fifty.

 This disproportionate representation, like the 17 percent of Congress and the 24 percent of state legislators, means those women carry a heavier burden to speak for us, to fight for us, to promote issues that we hold dear. The flip side is that when they don’t, when those women let us down, it damages us even more. 

Sarah Palin does not speak for us, and she is not speaking for all women.

But until there are more women in office and running for office, the impact of her actions on all women will be magnified to a degree that is disproportionate to what it should be. That’s not fair to her or to us.


So the lesson of her abrupt and unexpected departure  and the fallout from it  is simple: We need more women in office. So run for office. Vote for women who run. Support women who run. Another way to help: Support WomenCount’s work to promote women in politics.” [http://cts.vresp.com/c/?WomenCount/0bf1cde067/3a55468887/d05457227d]

 

 And read our other blog posts about Palin. Comment and add your voice

 to the dialogue!

 [http://cts.vresp.com/c/?WomenCount/0bf1cde067/3a55468887/fa97be4674]

 

 

Wednesday, July 08, 2009

Book Review: "Busted: Life Inside the Great Mortgage Meltdown"

by Nancy Mehegan

"Busted:  Life Inside the Great Mortgage Meltdown"  by Edmund L. Andrews

A NY Times Economics Reporter Goes Bust

This interesting book gives the personal story of the "mortgage meltdown" of an economics reporter for the NY Times, Edmund Andrews.  Yes, an economics reporter!  It outlines how he bought a mortgage, and slowly began to sink in the mortgage quagmire, 4 months in arrears.

In his role as a NY Times reporter, Andrews actually spoke directly to well known figures.  He spoke to Alan Greenspan about the mortgage crisis and interjected his personal financial troubles and fear of foreclosure.  Andrews relates the conversation:

"First, Greenspan "looked appalled.  Then he looked perplexed. And for the first time that I could remember, his patient and gravelly voice turned curt and commanding. 'Why did you do it?' he asked, interrupting me in midsentence. I felt like a teenager who had just told his father he had crashed the family car."

Greenspan on regulation:  "best regulation was enlightened self-interest"

HUH???? 

What was so "enlightened" about the banks and mortgage lenders?

Andrews' financial troubles began in 2004 when, in the middle of divorcing his first wife, he and his future second  wife bought a house.

His home was $460,000.  Monthly alimony payments of $4,000, they had $50,000 credit card debt, an annual salary of $130,000.

No Loan Officer asked for Proof of Income

When he met with loan officers they did not require salary pay stubs or his federal tax return, a "Don't Ask, Don't Tell" policy prevailed. Wha??  It really is ridiculous, if you think about it. 

How did it all happen?

1)  Andrews thought "he could beat the odds"

2)  A lax banking system irresponsibly provided a mortgage

3)  A regulatory system was dysfunctional

In the mortgage meltdown, some people thrived and others suffered.

"Busted" is a great inside view with the insights of an expert in economics.  Unusual look at the mortage crisis!

Tuesday, July 07, 2009

RIP Michael Jackson




Lost boy, gifted entertainer, big hearted loving person.

RIP Michael.