Republican gubernatorial candidate Bob Vander Plaats starts running this television commercial today:

Rough transcript by me:

Voice-over: Scandals, mismanagement, loaded budgets. Chet Culver has been a jobs killer.

Vander Plaats: Iowa needs a new governor. I’ll make Iowa the business startup capital of the world by cutting taxes, shrinking government, reducing our long-term debt, and marketing Iowa as a right-to-work state. I’ll create real jobs by growing our state the right way. It’s not just common sense, it’s the right thing to do.

I am shocked by the poor quality of this commercial. Vander Plaats speaks much more naturally in clips I’ve seen from his stump speeches than he does when he talks straight to the camera. They should have ditched the boilerplate anti-Culver visuals at the beginning and pulled 30 seconds worth of material from some of his campaign rallies, or even from the gubernatorial debates. I know I’m not the target audience for this commercial, but it doesn’t seem like a good way to introduce himself to the voters.

If Vander Plaats had not spent so much of what his campaign raised in 2009, he might have been up on television more than two weeks before the June 8 primary. Then he could have introduced himself in an all-positive commercial about his background, and perhaps run a couple of different ads on his issue agenda (making Iowa the business capital of the world).

One good thing about the ad is its focus on economic issues. There’s no reason for Vander Plaats to talk about abortion or same-sex marriage in a commercial. The Republican primary voters who care most about those issues already know where he stands.

Speaking of social issues, I heard a radio news story this morning about Vander Plaats and Rod Roberts being against letting gay couples adopt children. The same brief story paraphrased Terry Branstad as saying gay couples should only be allowed to adopt if no one else is able to take care of the child. I haven’t found a link to the story yet, and I don’t know if it refers to new comments over the weekend. During last Thursday’s Republican debate, which Iowa Public Television broadcast again Sunday, Roberts and Vander Plaats both said same-sex couples should not be allowed to adopt or become foster parents. Branstad gave a more nuanced answer: “I believe that adoption should be in the best interests of the child, I think generally that means that you’d want to have it with a man and woman because that’s the best environment for a child to grow up in.”

That exchange illustrates why having Roberts in the race is so good for Branstad. Roberts prevents the Republican primary from being a two-man race, which would favor the more conservative candidate. Now Branstad only needs a plurality against two rivals who are giving all of the “correct” answers to voters on the religious right. Vander Plaats has support from plenty of social conservatives, such as Bill Salier and most notably the Iowa Family Policy Center, but Roberts prevents Vander Plaats from consolidating the conservative base.

Vander Plaats has something else to worry about today besides Roberts. Bret Hayworth reports in the Sioux City Journal that the organization Opportunities Unlimited replaced Vander Plaats as CEO because he wasn’t raising enough money to keep the non-profit functioning. The Vander Plaats campaign will try to downplay the report, because the main on-the-record source for the article is former board member Jackie Kibbie-Williams. She is the daughter of Iowa State Senator Jack Kibbie (a Democrat). But The Iowa Republican blog, which favors Branstad in the governor’s race, is already hyping the report. While Chris Rants was still running for governor last year, he raised questions about Vander Plaats’ management of Opportunities Unlimited. At that time, former board member Kim Hoogeveen defended Vander Plaats strongly, but Hoogeveen didn’t dispute the Kibbie-Williams account when contacted by Hayworth for today’s piece.

Share any thoughts about the Republican primary in this thread.

UPDATE: Todd Dorman noticed “Huckabee’s trademark subliminal background cross” in the Vander Plaats commercial and had this to say about Salier’s endorsement: “In addition to helping Tom Harkin become senator for life by hobbling his last credible opponent, Salier also endorsed President Tom Tancredo and President Fred Thompson. So clearly, this is a game-changer.”

Roxanne Conlin, Democratic candidate for U.S. Senate, begins television advertising across Iowa this week. I’m not able to embed the commercial, but click here to watch. The Conlin campaign released this transcript:

“I’m Roxanne Conlin. Taking on the special interests has been the cause of my life. Like taking on the big banks to help family farms at risk of foreclosure. I took on corrupt politicians and corporations who violated the public trust. I’m running for U.S. Senate to take this fight to Washington. Fight for relief on Main Street, not more bailouts for Wall Street. Because the special interests have had their turn. Now, it’s our turn. I’m Roxanne Conlin and I approved this message.”

I noticed a small omission from that transcript: in the commercial, Conlin says, “As a prosecutor I took on corrupt politicians…” That’s important, because many Iowans may not remember that she served as U.S. attorney for Iowa’s southern district from 1977 to 1981.

This ad is a shorter version of the introductory video Conlin’s campaign released last fall, which I discussed here. It’s a fairly basic message for Iowans who haven’t heard of Conlin, and it makes sense for her to raise her profile just before the June 8 primary. Though this ad doesn’t mention five-term Republican incumbent Chuck Grassley, it starts building the case Conlin will make later in the campaign: Grassley has stood up for special interests throughout his career. I believe Grassley voted for the financial reform bill last week in order to undercut the narrative Conlin will build against him.

All three Democratic challengers to Grassley attended a Johnson County Democrats event over the weekend. John Deeth blogged the “Grassley retirement party” here and posted photos here. At Iowa Independent, Adam Sullivan posted video of Bob Krause and Tom Fiegen criticizing Conlin. I agree with Krause and Fiegen on many domestic policies, and I appreciate the way Krause has spoken out against our military involvement in Afghanistan. However, they are aiming at the wrong target in attacking Conlin now. No one’s under the illusion that it will be easy to beat Grassley, but it’s a stretch for Krause and Fiegen to suggest that they are stronger candidates than Conlin. She has more name recognition already and is in a better position to campaign statewide than they are.

Late last week Conlin called on Grassley to denounce Kentucky Republican Rand Paul’s comments about civil rights. Paul suggested that private businesses should be allowed to discriminate. Without mentioning Paul’s name, Grassley’s spokesperson told Iowa Independent,

Sen. Grassley’s position is that if a place is open for business it should be open for everyone.  You may know that Grassley was a co-sponsor of the 1982 and 2006 reauthorizations of the Voting Rights Act, the 1965 companion to the Civil Rights Act of 1964.  He was in the middle of the agreement reached on the 1982 legislation. Grassley also supported the 1991 extension of the Civil Rights Act.  That was the last major amendment to the Civil Rights Act.  It was broadened in 1972, after its passage in 1964.

Grassley is wise to put some distance between himself and Paul’s views. As Assistant Iowa Attorney General in the 1970s, Conlin prosecuted the first cases under our state’s civil rights law.  

Some farmers are afraid of me.

I know this because a farmer named Jerry wrote a letter to the Des Moines Register recently saying that they are scared.  It would be a “scary scenario for mainstream agriculture” if I got elected as Iowa Secretary of Agriculture, he said.   Francis Thicke is a “true believer in everything organic,” he shuddered.

Running for office is an adventure.  But I never expected to learn that Iowa farmers, who are among the most resilient, shrewd and creative people on the planet, are afraid of a mild-mannered organic dairy farmer with a PhD in Agronomy and some ideas for helping them meet challenges such as peak oil.   So I thought I would write him a letter to reassure him that I’m not scary, because if we don’t get our act together to deal with the real challenges of peak oil, the disruptions caused by climate change, and the growing monopoly power of corporate agribusiness, then we really will have cause for concern.

____________________

Dear Jerry,

Don’t be afraid.  This is America, and no one is going to make you “go organic.”  It’s the Big Ag interests that want to limit your choices, not me.   You might save money and protect water quality and the health of your family if you understood how to apply sustainable farming methods that do not require farm chemicals, but you don’t have to.

No one is going to force you to make your own biofuels on the farm from perennial crops that make your farm resilient and energy efficient.  Nor will you be forced to drive a hydrogen or ammonia-powered tractor with fuel derived from wind power.   If diesel prices soar in the next few years, as the Defense Department[pdf] is warning us, it’s your right to pay $6 a gallon or more and keep right on using it.  There may be shortages in our future by 2015, but I’m sure you’ll be able to find fuel at some price, somewhere.

You have the right to keep doing things the way you always have, and not take advantage of science-based ways to bring your costs down and prepare for a future without abundant petrochemicals.  All I am offering is a vision for a thriving agriculture in the absence of cheap oil, and leadership to meet the challenges that we know are coming.   Energy will be a huge game-changer over the coming decade–for agriculture, and for everything else.

The Democratic National Committee’s Rules and Bylaws Committee met yesterday in Washington and approved a proposed calendar for the 2012 presidential nominating process. The DemRulz blog noted that the calendar “tracks the DNC Change Commission recommendations,” which state that all primaries and caucuses must be held in March 2012 or later, except for Iowa, New Hampshire, South Carolina and Nevada, which may schedule their nominating contests in February 2012. In a statement released to the media, Iowa Democratic Party Chair Michael Kiernan hailed the vote as “another important step” that “will help us ensure that Iowa is First-in-the-Nation once again.”

The Republican National Committee has moved toward a similar calendar in 2012, with the same four states allowed to schedule primaries or caucuses in February, and all other states allowed to go beginning March 1. The final calendar may not reflect the RNC’s wishes, though; some states may try to jump ahead the way Florida and Michigan did in 2008.

I suspect Iowa’s representatives will have to fight hard to maintain our early position for the 2016 campaign. Democrats in several larger states resent the outsized influence of Iowa and New Hampshire, which are small and predominantly white. The calendar doesn’t matter much on the Democratic side for 2012, because it’s unlikely anyone will challenge Barack Obama for the nomination, but the next cycle will certainly be competitive, whether or not Obama wins a second term.

Every time I receive a fund raising call from the Iowa Democratic party they hit me first with a long list of accomplishments that read exactly like Republican plans : Kept taxes low, encouraged small business growth, balanced the budget.

You know how that sounds to me?  It sounds like this : We kept allowable growth for K-12 education below levels seen under Republican control.  We forced the regents institutions to freeze salaries and use mandated furloughs. We forced layoff to state police and social workers.

If you’re calling a loyal Democrat to get Democratic support, emphasize Democratic goals, don’t try to pre-empt Republican attack ads to me.  The only substantial Democratic thing this group of Democrats have done as far as I can tell is simply not fighting the same sex marriage ruling.

In December, the Obama administration signaled its intention to move some federal prisoners as well as detainees from Guantanamo Bay, Cuba to the Thomson Correctional Center in Thomson, Illinois, just across the Mississippi River from Clinton, Iowa.

However, on May 19 the House Armed Services Committee “unanimously approved a defense bill for 2011 that bans spending money to build or modify any facility inside the United States to house Guantánamo detainees,” the New York Times reported.

At TalkLeft, Jeralyn posted an excerpt from the bill summary:

The Committee firmly believes that the construction or modification of any facility in the U.S. to detain or imprison individuals currently being held at Guantanamo must be accompanied by a thorough and comprehensive plan that outlines the merits, costs, and risks associated with utilizing such a facility. No such plan has been presented to date. The bill prohibits the use of any funds for this purpose. Additionally, the bill requires the Secretary of Defense to present Congress with a report that adequately justifies any proposal to build or modify such a facility in the future.

Last fall prominent Iowa Republicans fanned fears about terrorists in the heartland as a political weapon against President Obama and Representative Bruce Braley, who represents the Iowa counties closest to Thomson, Illinois. At the time, Braley expressed support for the plan to convert the Illinois facility, saying his constituents “have told me with a resounding voice they want these jobs to come to their area.” Some jobs will almost certainly come to the area in 2011 or 2012, because the federal government still plans to purchase and renovate the Thomson Correctional Center to use for federal prisoners, with or without detainees from Guantanamo.

Iowa Democrats Dave Loebsack and Leonard Boswell are among the 61 members of the House Armed Services Committee. I don’t know whether they were present at Wednesday’s meeting, where the defense authorization bill passed by a 59 to 0 vote.

Jim Gibbons unveiled a new tv ad for his Congressional campaign today:

Rough transcript by me:

Male voice-over: Jim Gibbons’ values are hard work, honesty, and family. A champion wrestler, coach and financial adviser, he’s learned that listening to the voters is the most important part of being a leader in Congress. Above all, Jim Gibbons knows what’s important in life is being Annie’s husband and a great father to their three girls. It’s through their eyes Jim is running for Congress, to stop the out-of-control spending, cut taxes, and grow Iowa jobs. Jim Gibbons for Congress.

Gibbons voice: I’m Jim Gibbons, I approved this message.

Like Gibbons’ previous ad, this commercial has strong visuals and production values. The message seems generic to me, but in a crowded primary maybe it’s sufficient to build name recognition and favorable impressions of the candidate.

The Gibbons campaign has purchased “a significant buy of air-time to run this ad” and expects it to reach “a majority of voters” in the third Congressional district. My hunch is that this commercial will run on a broader range of programs than the traditional Iowa combination of local news and Wheel of Fortune. I suspect it will air on some programs with a predominantly female audience; to me this ad seems targeted toward women, whereas State Senator Brad Zaun’s ads seem very male-oriented, with a “tea party” edge. Perhaps Gibbons’ internal polling suggests there are more undecided women voters.

I got a kick out of this passage in Gibbons’ news release:

“This ad will be a great opportunity for me to reach the thousands of voters that will be going to the polls on June 8th.  I am running for Congress to reduce wasteful spending in Washington and grow jobs in Iowa,” said Jim Gibbons.  “I believe central Iowa needs a Congressman that will represent Iowa values, not Nancy Pelosi’s San Francisco-style values.”

Keep bashing Nancy Pelosi and her San Francisco values, Republicans. Your “cookie-cutter” messaging just flopped in the special election in Pennsylvania’s 12th district. PA-12 should have been more winnable for Republicans than IA-03 for the reasons I discussed toward the end of this post.

Bleeding Heartland readers, what do you think of this commercial and the third district race?

P.S. Could some Republican English teacher please inform the Gibbons campaign about correct usage of “that” and “who”? (As in, the thousands of voters who will vote on June 8, and a member of Congress who will represent Iowa values.)

Secretary of State Michael Mauro’s office released new numbers today for Iowans voting early in the June 8 primary election.

As of today, 9,209 ballots have been received by county auditor offices across the state. The breakdown by political party is as follows:

Absentee Ballots Received: 9,209

Democrats – 2,140

Republicans – 7,069

Absentee Ballots Sent: 20,269

Democrats – 5,305

Republicans – 14,964

To view these numbers by Congressional district, visit www.iowavotes.gov.

The deadline to request a mailed absentee ballot is June 4 at 5:00 p.m. Absentee ballots returned by mail must be postmarked on or before June 7. Voters may still request absentee ballots in-person at their county auditor’s office until close of business on June 7, the day before Primary Day.

On Saturday, June 5, county auditors’ offices will be open for in-person absentee voting. Voters may check with their county auditor for business hours on this day. In addition, voted absentee ballots requested by mail may be hand-delivered to the county auditor’s office until the close of the polls at 9:00 p.m. on Primary Day.

Secretary Mauro encourages those voters who have received absentee ballots to be sure to return completed ballots to their county auditor’s office prior to the deadline.

In order to participate in Iowa’s Primary Election on June 8, eligible voters will need to register either as a Democrat or as a Republican.

For more information on the 2010 Primary Election, visit www.iowavotes.gov.

Note: the number of “absentee ballots received” includes people who have voted early in person, either at a satellite voting location or at their county auditor’s office.

The disparity between ballots requested by Republicans and Democrats is expected, since Democrats have relatively few contested primaries going on (the U.S. Senate race, the fifth Congressional district, a few Iowa House districts and Iowa Senate district 13). Republicans have a three-way primary for governor, two candidates for state treasurer, three candidates for secretary of state, crowded primaries in the first, second and third Congressional districts, and many competitive primaries in Iowa House and Senate districts.

I am surprised there aren’t even more Republican absentee ballots outstanding. From what I’ve heard and read, Terry Branstad’s campaign is making a major push on the absentee ballot front. Supposedly Brad Zaun has been working on turning out third district Republicans to the satellite voting location in Urbandale. I would have expected more than 22,000 Republicans across the state to have voted early or requested an absentee ballot by now. (Approximately 200,000 people voted in the 2002 Iowa Republican primary.) Maybe there will be a surge of voters in the last two weeks before election day, or maybe Republicans just reject early voting on principle.

If you are voting by mail, you can track your absentee ballot through a new feature on the Iowa Secretary of State’s website. I prefer to vote early in person; it only took me a few minutes at the Polk County Auditor’s Office.

UPDATE: Melissa Walker posted a good story on this at IowaPolitics.com. She has numbers and return rates for several large counties. According to Polk County Auditor Jamie Fitzgerald, “many of the early ballots are from the Urbandale area,” which may favor Zaun in the third district primary.

The U.S. Senate passed the Wall Street reform bill today by a 59 to 39 vote (roll call here). The vote was mostly along party lines, but Democrats Russ Feingold of Wisconsin and Maria Cantwell or Washington voted no, while Republicans Olympia Snowe and Susan Collins of Maine, Scott Brown of Massachusetts and Iowa’s own Chuck Grassley voted yes. Earlier today, a cloture motion to end debate on the bill passed 60 to 40. Only three Republicans voted for the cloture motion (Snowe, Collins and Brown). In other words, Grassley voted against letting the bill advance before he voted for it.

Grassley typically wouldn’t be the only conservative Republican voting with a handful of New England moderates. Like Howie Klein, I wonder whether Grassley was concerned about this bill becoming an election issue. Roxanne Conlin’s campaign blasted Grassley yesterday for joining the Republican filibuster of the bill.

The financial reform now goes to a formal conference committee to reconcile differences between the House and Senate versions. Annie Lowrey discussed that process and some of the contentious issues here. I’m not hopeful about the final product.

Lots of amendments to more strongly regulate the financial industry bill didn’t get a vote in the Senate, including Tom Harkin’s proposed limit on ATM fees. Jeff Merkley of Oregon and Carl Levin of Michigan were unable to get a vote on their amendment to reinstate the “Volcker rule” (banning proprietary trading by banks). There was a small silver lining in that opposition to Merkley-Levin scuttled a horrible idea. Earlier this week Merkley and Levin attached their amendment to a terrible Republican amendment, which would “[exempt] auto dealers from new consumer protection laws, even though auto loans are the biggest instances of financial malfeasance against consumers, especially military personnel.” Today Senator Sam Brownback of Kansas withdrew his auto dealer amendment in order to prevent Merkley-Levin from getting a vote.

UPDATE: Statements from Harkin, Grassley and Conlin are after the jump. Harkin and Grassley both called the bill “a step in the right direction” even as they lamented its flaws. Harkin lamented that several specific proposals were not adopted or considered, while Grassley called attention to his amendments that became part of the bill. Conlin praised Grassley’s vote for the reform bill and claimed that grassroots efforts “turned up the heat” on Grassley, prompting him to reverse “his five previous votes to block debate on Wall Street reform.”

Financial reports for Iowa statewide candidates covering the period from January 1 through May 14 are now available at the Iowa Ethics and Campaign Disclosure Board website. John Deeth summarized the numbers for the statewide races other than the governor’s race, which I discussed earlier today.

The biggest surprise to me was Republican Brenna Findley’s haul in the attorney general’s race. She raised $124,078 since January 1 and has $95,528 on hand. Incumbent Attorney General Tom Miller clearly wasn’t focused on raising money, bringing in just $15,748. Because he started the year with nearly $90,000 in his account, he still has more cash on hand than Findley ($105,200), but Findley has a larger donor base (more than 700 donors).

As a long-time top staffer for Representative Steve King, Findley probably benefits from his donor contacts. It can’t hurt that Terry Branstad is talking up Findley at every campaign stop too. Deeth concludes, “We may have found our downballot sleeper race for the general election.” I don’t think Findley has a chance against Miller, who has been elected attorney general seven times. But she will be able to run a statewide campaign and raise her profile substantially. Miller will have to take this race seriously. His campaigning skills may be rusty, since Republicans gave him a pass in 2006. However, he has a strong record, and it’s worth recalling that he was returned to the attorney general’s office in 1994, an atrocious year for Iowa Democrats.

In all the other statewide races, the incumbents have huge financial advantages over their challengers. Secretary of State Michael Mauro has raised $30,021 since the start of the year, more than his three Republican opponents combined. Mauro has just under $128,000 on hand, whereas Matt Schultz and George Eichhorn both have more outstanding bills than cash on hand, and Chris Sanger has only about $400 on hand. Deeth has more on who’s given to Schultz and Eichhorn. Speaking of this race, I learned recently that the Secretary of State Project has endorsed Mauro.

State Treasurer Michael Fitzgerald hasn’t raised much money so far in 2010 ($4,179), but he started the year with nearly $114,000 and spent almost nothing, leaving about $117,770 cash on on hand. Two Republicans are running against Fitzgerald, and their campaigns have less than $10,000 cash on hand combined. Story County Treasurer Dave Jamison has broader support than James Heavens of Dyersville, who loaned his campaign most of the money raised.

Republican Secretary of Agriculture Bill Northey raised nearly $40,000, and even though he spent quite a lot for this early in the campaign ($53,920), he still has $247,535 on hand. Democrat Francis Thicke raised $58,439, including a $10,000 contribution from the candidate, and has an impressive number of donors (at least 300). He spent a little more than $25,000 and has $33,320 on hand. Corporate interest groups will make sure Northey has tons of money to spend. Thicke will have to run a more grassroots campaign.

Share any thoughts about the statewide races in this thread.

The major party candidates for governor have submitted financial reports for the first four and a half months of this year. Former Governor Terry Branstad raised the most money during the period and is on track to spend more than $2 million before the June 8 Republican primary. Governor Chet Culver raised almost as much as Branstad since January 1 and has the most cash on hand by far. Republican candidates Bob Vander Plaats and Rod Roberts are way behind in terms of fundraising.

More details and analysis are after the jump. UPDATE: I’ve listed the contributors who gave at least $10,000 to the Culver or Branstad campaigns during the latest reporting period.

By the way, the three Republican candidates face off in their third and final debate today at noon. You can watch live at the Des Moines Register or Iowa Public Television sites.  

This post is in NO way original, but I think it tells an important story about how we all need to critically evaluate our media – from the left & right.

Between now and election day there will be countless ups and downs…scandals & missteps…and other events that will look like they are the end of things for one candidate or another.  It's important to realize these are just “snapshots” as are the snap polls and other data that float around when these stories are breaking.

We need to be able to step back and review the news critically, as well as the polling.  The story of CT-SEN Candidate Richard Blumenthal is a case in point.  Now, I'm not defending his rhetoric and how he loosely talks about his service in the reserves during the Vietnam War (if not technically false, at least a bit dishonest)…His people should have squashed that language long ago, but the story is important, regardless.  More below…..

Iowa Republicans are deluding themselves if they think Representative Leonard Boswell is highly vulnerable this year. The more I see of the Republican primary campaigns, the less worried I am about holding Iowa’s third Congressional district in the Democratic column.

Four of the seven Republicans running against Boswell have no chance of winning the nomination. Jason Welch hasn’t attended any candidate forums, and I wonder why he went to the trouble of qualifying for the ballot. Pat Bertroche and Scott Batcher are ill-informed sideshows who will be lucky to win 5 percent of the vote. Mark Rees seems to have the firmest grasp of the issues, but there aren’t enough moderate Republicans anymore for someone like Rees to win a primary. Rees could affect the election, because a strong showing for him (10 to 20 percent of the vote) would increase the chance that no candidate receives at least 35 percent in the primary. But whether Republicans pick a winner on June 8 or at a district convention later, Rees will not be Boswell’s general election opponent.

That leaves the Washington establishment candidate Jim Gibbons, State Senator Brad Zaun and tea party favorite Dave Funk. After watching yesterday’s forum featuring six of Boswell’s opponents, Graham Gillette argued that Funk, Gibbons and Zaun “are all capable of putting together a strong general election effort.” After the jump I explain why I disagree.

The massive oil spill in the Gulf of Mexico and the many primary elections this month have drawn much of the media’s attention away from the Senate debate on financial reform. That’s too bad, because this bill will affect the future stability of our financial system and the ability of financial institutions to fleece consumers. I’ve been catching up with David Dayen’s superb coverage of the financial reform debate, and most of the news isn’t encouraging.

Senate Republicans voted several times in early May to block the bill from coming up for debate, but they soon decided that was not a viable strategy. In the early days of Senate debate, some decent amendments were adopted to strengthen the bill. For example, one amendment sponsored by Jeff Merkley of Oregon and Amy Klobuchar of Minnesota, which passed last week, would ban some deceptive practices by mortgage lenders.

This week Republicans have been trying to “run out the clock” on more strengthening amendments. By denying unanimous consent to bring these amendments to a vote, they have been able to keep the Senate from voting on an amendment by Byron Dorgan of North Dakota, which would ban naked credit default swaps. Republicans have also blocked a vote on Tom Harkin’s amendment to cap ATM fees at 50 cents. In addition, a measure backed by Merkley and Carl Levin of Michigan, which would impose the so-called “Volcker rule,” has been denied a vote. Merkley-Levin “would ban proprietary trading at banks and require the Federal Reserve to impose tougher capital requirements on large non-banks that engage in the same type of trading”. I have a sense of deja vu reading about the Merkley-Levin amendment; like the public health insurance option, Merkley-Levin has the stated support of the White House and Senate Majority Leader Harry Reid. And as with the public option, these Democrats won’t do what’s necessary to get Merkley-Levin into the bill.

Meanwhile, many Senate Democrats are doing Wall Street’s bidding by watering down key provisions of the financial reform. Most of the Democratic Senate caucus backed an amendment from Tom Carper of Delaware, which “would block class-action lawsuits by state Attorneys General against national banks” and “would allow the Office of the Comptroller of the Currency to pre-empt regulation at the state level of consumer financial protection laws.” Chris Dodd of Connecticut got an amendment through last night that eliminates real derivatives reform from this bill. Now, instead of forcing some large banks to spin off their businesses in trading derivatives, Dodd’s amendment delays that move for two years so the issue can be further studied.

Dayen concludes, “Overall, we have a bill that got less bad through the Senate process, but is generally as mediocre as the House’s version, better in some ways, worse in others. And there’s a whole conference committee to go.” Looks like we’ll be stuck with a bill that only gives the appearance of solving key problems, as opposed to a bill that would solve the key problems.

One point worth noting: Senator Chuck Grassley joined Republican efforts to block the financial reform bill earlier this month, but during the debate he has voted for some regulations that most Republicans opposed. For instance, he voted for the stronger language on regulating derivatives trading when it came up in the Senate Agriculture Committee. He was also one of a handful of Republicans to vote for the Merkley-Klobuchar amendment on lending standards. Grassley said recently that there’s a lot of anti-incumbent sentiment this year, and I think he is trying to compensate for his long and consistent record of standing up for Wall Street interests. Analysts outside Iowa agree that Grassley’s re-election contest is looking more competitive than it did last year (though Grassley is still favored).

Share any relevant thoughts in this thread.

WEDNESDAY AFTERNOON UPDATE: Dodd withdrew his derivatives amendment today, Merkley and Levin are trying a new tactic to get their amendment considered, and Reid’s cloture vote failed today, 57-42, despite two Republicans yes votes (Olympia Snowe and Susan Collins of Maine). Reid voted no at the last minute so that he could bring up the matter again tomorrow. Two other Democrats voted no: Russ Feingold of Wisconsin and Maria Cantwell of Washington. Like several other Senate progressives, Feingold wants votes on more strengthening amendments, and Cantwell isn’t happy with “a loophole in the derivatives piece”.  

Vice President Joe Biden headlines Governor Chet Culver’s re-election rally today in Cedar Rapids. If you are watching in person or online, please share your impressions in this thread. I will update the post later with more coverage of the event. Adam Sullivan is live-tweeting for Iowa Independent.

Yesterday the governor kicked off his campaign at Hoover High School in Des Moines, followed by stops in Ames, Marshalltown and Waterloo. Kathie Obradovich felt Culver’s speech “salvaged” the otherwise low-energy event in Des Moines. After the jump I’ve posted excerpts from Culver’s remarks, which his campaign released. He frames the race as a choice of going backwards “to policies that created this recession” or forward to continue the investments his administration has begun. Culver outlined some goals for the next five years, such as completing rebuilding efforts from the 2008 floods, “making quality pre-school available to every Iowa child whose parents want to take advantage of it,” pursuing stem cell research in Iowa, and “increasing the percentage of our energy production coming from alternative sources from 20% to at least 30%.” Culver chided Republicans who “just say no,” think corporate tax cuts are the answer for every problem and “continue to preach the failed doctrine of trickle down economics.”

In addition to the excerpts you’ll find below, the governor spoke up for protecting a woman’s right to make her own health-care decisions and against writing discrimination into the Iowa constitution. Later in Marshalltown, Culver noted that discrimination is “not the Iowa way […] We’ve always been at the front when it’s come to civil rights.”

Any comments about the governor’s race are welcome in this thread. Speaking of Republicans who want to take us backwards, Terry Branstad’s campaign started running a new ad today, which portrays the former governor as “the change we need now.” I’ll have more to say about Branstad’s campaign message in a different post, but for now I wonder whether he will get away with repeating his lie about Iowa running a “billion-dollar deficit.”

UPDATE: Um, what the heck? Someone get the governor a driver who won’t try to chase another driver down for a stupid reason.

John Deeth liveblogged the Biden event here. Kathie Obradovich tweeted here. Key points of Biden’s message: he’s known Chet Culver since he was seven years old and knows he has “the gumption to handle the job at this time.” Also, with Culver in charge “Iowa is better off than almost every other state in the nation … Iowa is still moving forward.” Biden praised Culver for being ahead of the curve in establishing the Power Fund in 2007:

“Government is not the answer but it can prime the pump and encourage the private sector.”

“45 out of [50] governors, Democrat and Republican, are sitting on their hands. Because of Chet’s leadership Iowa is better prepared.” […]

“What are Republicans FOR? Not a joke. Tell me one affirmative thing the Republican Party is for.”

Good question, Mr. Vice President. Biden also noted that the stimulus bill brought $3.3 billion to Iowa, and said Culver had used $4 billion in federal and state flood recovery money well. Biden said Iowa is on the upswing and has an unemployment rate well below the national average, which is “no accident, it’s because of Governor Chet Culver.”

SECOND UPDATE: Todd Dorman found Biden’s praise for Culver a bit over-the-top. Tom Beaumont’s story for the Des Moines Register is here. Kay Henderson’s liveblog for Radio Iowa is here. She’s captured more quotes from the vice president.

Congratulations to the grassroots group Cedar Rapids Citizens for the Legalization of Urban Chickens, which helped convince a majority of City Council members to approve a one-year trial period for allowing backyard chickens. Todd Dorman of the Cedar Rapids Gazette described the group’s “pleasantly pushy” lobbying strategy. Local advocates, take note!

Many municipalities, including Des Moines, allow people to keep hens for eggs within city limits. I’ve never heard of a public nuisance problem. The main issue for the chicken owners is keeping predators away from their hens at night. Click here for more information on the benefits of keeping chickens in urban environments.

I’m glad the majority of Cedar Rapids Council members were open to persuasion and agreed to a reasonable trial period for the chickens. Not all city leaders are so willing to give new ideas a try.

Between 1984 and 2007, “The gap between the wealth possessed by white and black families grew more than four times larger,” in part because of tax cuts and policies that favored high-income groups. Researchers from the Institute on Assets and Social Policy at Brandeis University also found in a new report that the average middle-income white family was able to accumulate more wealth (assets minus debts) than the average high-income African-American family: “Consumers of color face a gauntlet of barriers – in credit, housing and taxes – that dramatically reduce the chances of economic mobility.”

The growing wealth gap between the races in the U.S. is the focus of the new report, which you can download here. Other researchers have found equally damning evidence of the widening gap between the very rich and everyone else. This graph shows how “the top 10 per cent of income earners in the US took home an ever more outsized share of the total national income starting at the end of the 1970s.” From the World War II era to the early 1980s, the “top 10 percent took 30-35 per cent of total national income,” but by 2007 that figure had grown to about 50 percent–a level not seen since just before the Great Depression.

Ronald Reagan’s fiscal policies started this trend, but George W. Bush accelerated it with his enormous tax cuts for the highest earners. During Bush’s presidency, “The share of the nation’s income flowing to the top 1 percent of households increased sharply, from 16.9 percent in 2002 to 23.5 percent in 2007 – a larger share than at any point since 1928.” In addition, approximately “Two-thirds of the nation’s total income gains from 2002 to 2007 flowed to the top 1 percent of U.S. households […].”  

This enormous wealth gap is invisible to the Reagan-worshippers who now dominate the Republican Party. For them, any attempt to increase working-class wages is a “job-killer,” and tax cuts that disproportionately benefit the well-off are the solution to every problem. Look at how the Republican candidates for Iowa governor balk at spending $42 million to send more than 12,000 kids to pre-school but brag about plans to cut corporate taxes by $80 million to $160 million. Their priorities would be laughable if the real-world consequences were not so tragic.

Share any relevant thoughts in this thread.

The Des Moines City Council voted 6-0 today to impose a six-month moratorium on new payday lending operations and pawn shops.

City leaders will spend the next 180 days examining long-term zoning regulations on such businesses. The action was taken partly in response to concerns voiced by neighborhood leaders and business owners.

Plans to open new Pawn America shops on Merle Hay Road and SE 14th Street prompted the City Council to act. Ideally, Iowa would have enacted stronger regulations on the payday lending industry long ago, because the industry’s business model depends on trapping borrowers in cycles of debt. Some Iowa Democrats tried to pass new regulations on payday lending during this year’s legislative session, but unfortunately the bill didn’t have the votes to get out of subcommittee before the first “funnel” deadline.

After the jump I’ve posted Iowa Citizens for Community Improvement‘s reaction to today’s news. Iowa CCI was one of several organizations that urged the legislature to act to protect consumers from payday lenders.

It’s not yet clear whether payday lending restrictions will be part of the federal financial reform legislation Congress is now considering.

Two-term State Representative Ako Abdul-Samad is one of three Iowa House Democrats still facing active primary challengers. He has long been active in the community as founder of the Creative Visions Human Development Center. Elected to the Des Moines School Board in 2003, Abdul-Samad ran for the Iowa House when Ed Fallon, who represented district 66 for 14 years, vacated the seat to run for governor in 2006. The district (map) includes downtown Des Moines, west side neighborhoods including Sherman Hill, Mondamin and the Drake area, part of the east side including the “east village” and the area around the state capitol, and part of the south side near Gray’s Lake.

In February, Clair Rudison announced plans to run against Abdul-Samad in the Democratic primary. An ordained minister who had a pulpit in Fort Dodge before moving to Des Moines to work with the Iowa Missionary and Educational Baptist State Convention, Rudison characterized himself as “pro-family, pro-life and pro-marriage.” However, his campaign is emphasizing other issues like employment, housing and health care. Rudison also claims he would provide “a clear alternative to mediocrity.”

Ako (as he is generally known in Des Moines) has a solid voting record and a history of community involvement. From what I hear, he is working hard to contact voters, and I expect him to win the primary, but in a low turnout environment anything can happen. I urge Bleeding Heartland readers to help re-elect him. Now that Dolores Mertz is retiring, the last thing we need is a new Iowa House Democrat who will work with Republicans against marriage equality and reproductive rights.

If you have friends or family in this district, please encourage them to vote for Ako in the primary. Election day is Tuesday, June 8, but people can vote earlier by absentee ballot (click here to request a ballot) or simply stop by the Polk County Auditor’s office on any weekday. The auditor’s office is on Second Avenue just south of Court, right in House district 66. I voted a couple of weeks ago at the auditor’s office, and it took less than 10 minutes.

To get more involved, sign up to volunteer for Ako’s campaign here or join his Facebook page.

Governor Chet Culver and Lieutenant Governor Patty Judge are kicking off their re-election campaign this week with events all over the state. One highlight will be Tuesday’s rally at noon in Cedar Rapids’ Greene Square Park, headlined by Vice President Joe Biden. To RSVP for any of the Culver campaign events, click here.

Follow me after the jump for the whole event calendar. If you know of anything I’ve left out, please post a comment or send me an e-mail: desmoinesdem AT yahoo.com.