Most descriptive line of the day, so far

“Even the most hardened cynics find themselves continually surprised by the ability of Rove and his minions to always hit that evasive new low, coming up with things that would shock a 60-year-old Greyhound-station hooker.”

Matt Taibbi

And the best analysis of the day, also from Taibbi:

Rove is not a genius, or even very clever: He’s totally and completely immoral. It doesn’t take genius to claim, as Rove ludicrously did last fall, that it was the Democrats in Congress and not George W. Bush who pushed the Iraq War resolution in 2002. It doesn’t take brains to compare a triple-amputee war veteran to Osama bin Laden; you just have to be a mean, rotten cocksucker.

The reason Rove continues to survive is the same reason that Johnnie Cochran was called a genius for keeping a double-murderer on the golf course — because this generation of Americans has become so steeped in greed and social Darwinism that it can no longer distinguish between cheating and achieving, between enterprise and crime, and can’t bring itself to criticize winners any more than it knows how to be nice to losers. He survives because an increasing number of Americans secretly agree with Rove’s vision of rules, laws and “the truth” as quaint, faintly embarrassing rituals that only a sucker would let hold him back.

Best line of the day

OK, NewMexiKen has decided to cut back on the political stuff somewhat, but I can’t pass on Gail Collins, from her terrific column today:

Remember how we used to joke about John McCain looking like an old guy yelling at kids to get off his lawn? It’s only in retrospect that we can see that the keep-off-the-grass period was the McCain campaign’s golden era. Now, he’s beginning to act like one of those movie characters who steals the wrong ring and turns into a troll.

During that last debate, while he was wandering around the stage, you almost expected to hear him start muttering: “We wants it. We needs it. Must have the precious.”

11 October

Today is the birthday

… of Elmore Leonard. He’s 83. Leonard on his Rules of Writing — “These rules I picked up along the way to help me remain invisible while I’m writing a book, to help me show rather than tell what’s taking place in the story.” (Quotation from If You Can’t Do It Well, Don’t Do It.)

Easy on the Adverbs, Exclamation Points and Especially Hooptedoodle (Leonard’s Rules of Writing).

Elmore Leonard’s western stories are as good if not better than his detective novels.

… of Joan Cusack. The actress is 46. She’s been nominated for the best actress in a supporting role Oscar twice, Working Girl and In & Out.

And, if they rated first ladies like they rate the presidents, the one who would surely be at the top, Eleanor Roosevelt, was born on this date in 1884. (She died in 1962.) The following is excerpted from the White House Biography of Eleanor Roosevelt:

A shy, awkward child, starved for recognition and love, Eleanor Roosevelt grew into a woman with great sensitivity to the underprivileged of all creeds, races, and nations. Her constant work to improve their lot made her one of the most loved–and for some years one of the most revered–women of her generation.

She was born in New York City on October 11, 1884, daughter of lovely Anna Hall and Elliott Roosevelt, younger brother of Theodore. …

In her circle of friends was a distant cousin, handsome young Franklin Delano Roosevelt. They became engaged in 1903 and were married in 1905, with her uncle the President giving the bride away. Within eleven years Eleanor bore six children; one son died in infancy. …

From [Franklin's] successful campaign for governor in 1928 to the day of his death, she dedicated her life to his purposes. She became eyes and ears for him, a trusted and tireless reporter.

When Mrs. Roosevelt came to the White House in 1933, she understood social conditions better than any of her predecessors and she transformed the role of First Lady accordingly. She never shirked official entertaining; she greeted thousands with charming friendliness. She also broke precedent to hold press conferences, travel to all parts of the country, give lectures and radio broadcasts, and express her opinions candidly in a daily syndicated newspaper column, “My Day.”

So true

In the book that Pallop was reading by Kahneman and Tversky, for example, there is a description of a simple experiment, where a group of people were told to imagine that they had three hundred dollars. They were then given a choice between (a) receiving another hundred dollars or (b) tossing a coin, where if they won they got two hundred dollars and if they lost they got nothing. Most of us, it turns out, prefer (a) to (b). But then Kahneman and Tversky did a second experiment. They told people to imagine that they had five hundred dollars, and then asked them if they would rather (c) give up a hundred dollars or (d) toss a coin and pay two hundred dollars if they lost and nothing at all if they won. Most of us now prefer (d) to (c). What is interesting about those four choices is that, from a probabilistic standpoint, they are identical. They all yield an expected outcome of four hundred dollars. Nonetheless, we have strong preferences among them. Why? Because we’re more willing to gamble when it comes to losses, but are risk averse when it comes to our gains. That’s why we like small daily winnings in the stock market, even if that requires that we risk losing everything in a crash.

From a good 2002 article by Malcolm Gladwell profiling the investor Nassim Taleb.