State & Local Politics

State & Local Politics

Let Bloomberg, Rendell and Schwarzenegger Rebuild America

Three of the country’s major politicians, Ed Rendell, governor of Pennsylvania, Mike Bloomberg, mayor of New York City and Arnold Schwarzenegger, governor of California, have urged both the Republican and Democratic national committees to adopt pro-infrastructure planks in their party platforms. They are co-chairmen of Building America's Future, which is dedicated to bringing about a new era of U.S. investment in the infrastructure that enhances our nation’s prosperity and quality of life.

Both parties should heed their call. Both parties should call for an expanded mandate for these three to the point of assigning enough authority to them to create an organizational infrastructure within the government to fix falling bridges, collapsing levees, abandoned cities and other internal ills. And more should be added to their committee: people who know things that politicians don’t know; artists and waitresses and hockey players and novelists and people who understand that cities and regions have souls and who understand what those souls are made of in their particular area.

Average American Investors Should Thank Eliot Spitzer

Those of us who are players in financial markets know very well that the system is rigged in favor of those at the top and against those at the bottom and in the middle.

Because of a substantial body of work over a career, the market is a little bit fairer.

Because of Eliot Spitzer, average American investors in the market are a little more protected. Those most corrupt forces in the market are a little more investigated.

The guilty are a little more prosecuted and the potentially corrupt are a little more deterred because of Eliot Spitzer.

Spitzer Caught in His Own Trap

Here’s one thing I’ll never understand: Why do such smart men do such dumb things? Or maybe we should ask: Why don’t smart men use their brain instead of some other part of their anatomy?

It’s a bipartisan malady. Mark Foley and Larry Craig. Gary Hart and Bill Clinton. And now, Eliot Spitzer — caught by a federal sting operation in the middle of a high-class prostitution ring.

Ironically, Spitzer was trapped in a classic Spitzer-type investigation. As attorney general of New York, he was a relentless, moral crusader. Busting up crooked dealers on Wall Street. Fighting big insurance companies. And, yes, tracking down and exposing prostitution networks aimed at the big business and tourist trade.

Bucking the Odds

Former Virginia Gov. Jim Gilmore’s announcement this afternoon that he will seek the Republican nomination for Senate to run against another former governor has been expected for some time. The common wisdom is that he will face an all but impossible task if he really hopes to beat former Gov. Mark Warner (D).

He will, after all, be running in a year that most inside-the-Beltway observers expect to be a strongly Democratic year at all levels, and the interim signs in Virginia itself aren’t all that promising. Warner left office with a high approval rating and was, until deciding he wanted to move across the Potomac as a senator, considered a possible Democratic vice presidential nominee. Moreover, Virginia these days is widely believed to be changing color rather rapidly, from red to purple, and perhaps to blue by the fall of 2008.

Sign of Life?

In this town, political victories are measured less in miles and more in feet and inches, especially for the Republican Party. They’re still reeling from the lashing they took in 2006, and many believed the same cudgel would hit them again on Tuesday. Yes, 2008 is when the “varsity” comes to play, but keep in mind the Republicans have scored some noteworthy victories that Democrats should be mindful of: