“And while any president will be an improvement over the current one, there is a growing belief on Wall Street that Barack Obama has the capacity to lead us out of this wilderness while John McCain does not. I’ll go a step further: Obama is a recession. McCain is a depression.
Wall Street usually favors Republicans when it comes to managing the economy, but this time around the financial community is skeptical. John McCain has done everything he can to avoid talking about the economy, lest he be tarred with the brush of George Bush’s ineptitude. And when McCain has attempted to step into the fray, he’s been far from reassuring. First, he insisted that the fundamentals of the economy were sound; then he turned around and told us it was the end of the economic world as we know it, and suspended his campaign to scramble back to Washington and save the day on the bailout bill—only to have little visible effect. For all his talk of being a maverick, McCain looks an awful lot like President Bush on the credit crisis: He doesn’t seem to understand Wall Street or Main Street, he is dogmatically anti-regulation, and his economic team is a joke. “
“John McCain had a fabulously loony weekend, flipping out charges and attacks like a mud tornado. The truly remarkable thing about McCain’s attacks, especially on Obama’s economic policies, is that McCain, in each case, is ‘guilty’ of supporting some version of the policies he’s attacking”
In these cynical times, it’s easy to expect hypocrisy from our politicians. It’s a bona fide occupational hazard. But there are times when even a politician has broken faith. This is a great piece slamming some of McCain’s more egregious hypocrisies of late.
“This attack is false, but it’s more than that – it’s malicious. It unfairly tars not just Obama, but all the other prominent, well-respected Chicagoans who also volunteered their time to the foundation. They came from all walks of life and all political backgrounds, and there’s ample evidence their mission was nothing more than improving ailing public schools in Chicago. Yet in the heat of a political campaign they have been accused of financing radicalism. That’s Pants on Fire wrong.”
After about a week of letting Palin make outrageous attacks against Obama and getting into the game himself, it looks like chickens coming home to roost for John McCain. You can’t make a deal with the devil and get off scott free. His campaign now employs Charlie Condon, the same guy from Bush’s 2000 campaign who made disgusting racial smears against McCain. And we know how that turned out. McCain sold his soul to the devil, and is now trying to reverse course after he’s starting to take heat for some of the worst hateful speech we’ve seen in campaigns in quite some time. I’m willing to believe that McCain’s change is more a matter of principle than political expediency, but it’s too little, too late. The train has left the station. McCain is now the candidate who is supported by racists and xenophobes. Sure it’s but a small sliver of his base, but that’s not how it looks. And in this game, looks matter. I feel bad for him but this is the price you pay for dealing with the Devil.
“Events this week have been marked by ugly outbursts from crowds. In Clearwater, Florida, shouts of ‘kill him!’ could be heard amid a chorus of boos when Mrs Palin attacked the Democratic nominee over his links with 1960s radical, Bill Ayers.
Journalists were reported to have been taunted with obscenities or racial insults from members of audience when Mrs Palin blamed the ‘mainstream media’ for what she described as her ‘less-than-successful’ – and much-parodied – television interviews.
At a rally on Monday in Albuquerque, New Mexico, Mr McCain asked: ‘Who is the real Barack Obama?’ A man in crowd screamed back the reply: ‘Terrorist!’”
“More to the point, he noted that McCain has never explained how his policies would differ from Bush’s on Iran, Lebanon, Pakistan, or Iraq. In other words, even if Palin is right that 2009 is Year Zero, what would she and her No. 1 do differently? She didn’t answer the question, any more than McCain ever has, perhaps because there is no answer.”