FT endorse Barack Obama

[FrenchieCat]

They must have gotten wind of the Campaign Financial Reports! :)
FT is the Business Publication who's endorsement a Democrat should covet!

Democrats must choose Obama

Published: April 20 2008 18:59 | Last updated: April 20 2008 18:59
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After Tuesday’s vote, the Democrats should move quickly to affirm Mr Obama’s nomination. That is not just because his lead in elected delegates is already unassailable and the contest should be brought to a swift conclusion. It is also because he is, in fact, the better candidate.
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Mr Obama has fought a brilliant campaign, out-organising his opponent, raising more money, and convincing undecided Democrats as well as the country at large that he was more likeable, more straightforward and more worthy of trust.

On form, he is a spell-binding orator and holds arena-sized audiences in thrall. He is given to airy exhortations, it is true, but genuinely seeks consensus and has cross-party appeal.

Mrs Clinton’s campaign, in contrast, has been a shambles. She and her team expected to have it all sewn up long ago; they made no plans for a long struggle, ran short of money and had to reorganise on the run.
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How much the way that a campaign is run tells you about a candidate’s fitness to be president is debatable – but it does tell you something, especially if the candidate with the misfiring strategy is running on a claim of management expertise.

In fact, the campaigns have underlined the contenders’ respective strengths and weaknesses.

Mr Obama’s consistent and relaxed demeanour attested to his coolness (in both senses, his swooning young admirers would add); it seemed to affirm his authenticity. In contrast, Mrs Clinton’s hyperactive advisers dressed her in a new personality each day, sometimes several in the course of an interview. They wheeled out Bill Clinton, to remind people of the 1990s, then reeled him back, to help them forget.

Too many course corrections, not enough course.
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The US has the urge to be inspired a little. Electing the country’s first woman president ought to be very inspiring. But not this woman – with her dynastic baggage and knack for antagonising the undecided – running against this man.

The Democratic party has waited an awfully long time for a politician like Barack Obama. Enough already.

http://www.ft.com/cms/s/0/19c88b7c-0f00-11dd-9646-0000779fd2ac.html

[bridgit]

1. Yeah, they probably should just to end this thing

[BlooInBloo]

5. Nah - let it play out - THEN end up with Obama.

[anonymous171]

2. GOBAMA!

:bounce:woohoo:

[bhikkhu]

3. Excellent article - thanks!

[democracy1st]

4. Yes We Can K & R

great job frenchie keep it up

[crankychatter]

6. thanks

k/r

fun read

[Barack_America]

7. "Too many course corrections, not enough course."

The Clinton campaign summarized in one sentence.

[SoCalDem]

27. and coarse too.. n/t

[gateley]

8. K&R

[thewiseguy]

9. Ironic they chose to endorse Obama at this moment!

[DerekJ]

10. I thought business loves Hillary?!!

K & r

[madrchsod]

11. there is the kiss of death for her bid

the money class is betting on obama...

[FrenchieCat]

14. Noam Chomsky has said that it is "the only paper that tells the truth"

Financial Times (FT) is a British international business newspaper. It is a morning daily newspaper published in London that has had a strong influence on the financial policies of the British government. The periodical is printed at 24 sites.<1> Its main rival as a daily financial newspaper is the New York City-based Wall Street Journal, which also publishes several international editions.

Founded in 1888 by James Sheridan and his brother, the Financial Times competed for many years with four other finance-oriented newspapers, finally in 1945 absorbing the last of these, the Financial News (founded in 1884). The FT has specialized in reporting business and financial news while maintaining an independent editorial outlook. On occasion it has attacked the financial policies of the British government. Circulation of the FT is said to be one of the world's highest among financial newspapers, second only to that of The Wall Street Journal. Printed as a broadsheet on distinctive light salmon pink paper, the FT is the only paper in the UK providing full daily reports on the London Stock Exchange and world markets. According to a survey in December 2004, 45% of readers voted for the Conservative Party, 24% for the Liberal Democrats and 23% for Labour Party.<2>

The Financial Times is normally seen politically as centrist, although to the left of its principal competitor, The Wall Street Journal. It advocates free markets and is generally in favour of globalisation. During the 1980s it supported Margaret Thatcher and Ronald Reagan's monetarist policies. However, it has recently seemed to have aligned itself with Labour in the UK. It also has been quite supportive, until recently, of Gordon Brown, the current British Prime Minister. FT editorials have tended to be pro-European Union, though often taking a critical view. Several members of British far-left groups, however, do work for the paper, and it is popular among the left
(Noam Chomsky has said that it is "the only paper that tells the truth").<12>
http://en.wikipedia.org/wiki/Financial_Times

[Tarheel_Dem]

22. I think Thom Hartmann would agree with Mr. Chomsky. If I'm not mistaken, it's his

favorite.

[newmajority]

12. Great endorsement

Oddly enough, it says a lot of the same things that many of us have. Does the Financial Times read DU? :hi:

[FrenchieCat]

24. I would not think so, but who knows?

The headline are so anti-Obama here, even stuff posted by his supporters. Maybe they go to the front page and look at the main stuff. I don't think they enter this dungeon though.

[doublethink]

13. Yep one look at the books ....... FEC numbers tonight ......

Money talks B.S. walks .... K&R. Peace.

[ErinBerin84]

15. Who is the lady from the Financial Times who is

sometimes on MSNBC? I remember the great response she gave in favor of Barack Obama on the David Gregory show, in response to the older woman who called in and essentially said (snottily)"Why is Obama leading when he has no economic experience. In these bad economic times, shouldn't we be choosing an economic superstar?"(I'm guessing she was a Hillary fan. Economic superstar!)

[FrenchieCat]

16. The same endorsement also had this to say.....on the health care issue

The contenders’ differences on policy look small and in reality are even smaller. Their disagreement on healthcare mandates, for instance, frequently emphasised by Mrs Clinton, is of little practical significance. A mandate to obtain insurance, as proposed by Mrs Clinton, does not achieve universal coverage unless enforced with punitive sanctions, which she does not advocate.

Both candidates, in effect, are proposing near-universal coverage. The virtues of their schemes (much improved access, no denial of insurance to those with pre-existing conditions) as well as the defects (weak control of costs) are much the same.

[NightOwwl]

17. Can't stress this enough...

The Democratic party has waited an awfully long time for a politician like Barack Obama. Enough already.

[SunsetDreams]

18. Yay!!! GoBama! Thank you for posting!

[Frank Booth]

19. Now here's an endorsement from a real news source.

Hillary can get all the endorsements she wants from ABC and CNN. I'll trust FT over them any day.

[Tarheel_Dem]

20. Oh my....that's gonna leave a mark. k&r

:kick:

[FrenchieCat]

21. Oooh Shit! Lookit this! It will amaze you........no kidding!

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=385x121935

[YOY]

35. You're making me cry to see Americans energized like that.

Thank's FrenchieCat.

[LaStrega]

47. Exactly!

Literally I was welling up. I love seeing all the YOUNG people.

The man is, to put it lightly, incredibly inspiring.

GObama! :woohoo:

[LaStrega]

48. FrenchieCat ...

Thank you so much for your Obama posts. I've loved every one of them, and wanted to take a moment to express my gratitude.

:yourock:

And thank you for the link to the march ... as I said in another response, it brought tears to my eyes.

So wonderful to see all those YOUNG people so charged up. :bounce: :woohoo:

[Hope And Change]

23. K & R!

:kick:

[judasdisney]

25. Cultists. Obamatrons. Robots.

Wonder how Krugman is going to spin this one.

[AtomicKitten]

26. Obama proved a good steward of our money in his campaign and

as people get to know him, the more they like him and are confident he's got the right stuff.

Nice endorsement.

[woolldog]

28. Whoa, that's great!

I love that newspaper, and they're pretty objective. Great to see they've endorsed him. Now if The Economist would only endorse Barack.....

*sigh* I don't think that'll happen though....

[Enrique]

29. I agree with this part

The contenders’ differences on policy look small and in reality are even smaller. Their disagreement on healthcare mandates, for instance, frequently emphasised by Mrs Clinton, is of little practical significance. A mandate to obtain insurance, as proposed by Mrs Clinton, does not achieve universal coverage unless enforced with punitive sanctions, which she does not advocate.

Both candidates, in effect, are proposing near-universal coverage. The virtues of their schemes (much improved access, no denial of insurance to those with pre-existing conditions) as well as the defects (weak control of costs) are much the same.

In almost every area of policy, whether their thinking is good (as with improved support for displaced workers), bad (their opposition to liberal trade) or too vague to say (Iraq), there is little to choose between them.

[jordi_fanclub]

30. K & R

[jackson_dem]

31. Of course that corporate rag would endorse Obama

[NJmaverick]

32. very good

[YOY]

33. How elitist! Now Entertainment Tonight? There's a candidacy that a woman can really use!

:sarcasm:

[Scurrilous]

34. K & R

:thumbsup:

[grantcart]

36. kick

[quiet.american]

37. Excellent! nt

[MH1]

38. Yowza!!!

That's a great endorsement.

:toast:

Gobama!

:patriot:

[ChairmanAgnostic]

39. the murdochanistas must be grinding their dentures.

With the Wall Street Urinal becoming more and more a tabloid piece of junk, serious bizniz folks will move over to the FT instead.

Actually, I used to subscribe. It was chock full of pretty serious info rarely seen in US news.

[MH1]

45. I had a sub for a while and enjoyed it.

But I felt bad about the dead trees and all the plastic it came wrapped in. So I gave it up after my great discount rate went away.

It really is an excellent newspaper.

[ChairmanAgnostic]

40. the murdochanistas must be grinding their dentures.

With the Wall Street Urinal becoming more and more a tabloid piece of junk, serious bizniz folks will move over to the FT instead.

Actually, I used to subscribe. It was chock full of pretty serious info rarely seen in US news.

[TragedyandHope]

41. Thanks for the great news!

[spooky3]

42. The Financial Times is a very conservative publ. You have to question their motives here.

[slick8790]

43. Sort of like Scaife endorsing Hillary, eh? n/t

[spooky3]

52. yes, I think you have to question both of them

[FrenchieCat]

50. You must not have read this post, in this thread......or else you'd know that you are not

entirely accurate. Too bad that what you know, is not what is what others who are informed about such things say.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=5598643&mesg_id=5598714

[spooky3]

51. Pardon me, but I know exactly what the Financial Times is all about from my 30 years in the business

That's somewhat more salient to me than a DU post.

[TheDonkey]

44. but but but I thought Obama hates investors!

Great endorsement.

[cui bono]

46. kick

[cliffordu]

49. I thought I k&R'd this last night. Let me correct that oversight....