What Will Wall Street Look Like in the Fall of 2009? — New York Magazine

What Will Wall Street Look Like in the Fall of 2009? — New York Magazine:

“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.

(Via New York Magazine.)

Boo yah!!!

What Kind of Red are We Talking About?

Incoherence – Swampland – TIME:

“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”

(Via Swampland – TIME.)

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.

YouTube – John ‘Deer in Headlights’ McCain Stunned – Here’s Your Fine, Joe The Plumber : $0

YouTube – John ‘Deer in Headlights’ McCain Stunned – Here’s Your Fine, Joe The Plumber : $0:

(Via YouTube.)

PolitiFact | Not a radical group, and Ayers didn’t run it

PolitiFact | Not a radical group, and Ayers didn’t run it:

“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.”

(Via Politifact.com.)

Still bald faced lying. Truly desperate.

Dealing with the Devil

YouTube – McCain Booed For Calling Obama A “Decent Man”:

(Via YouTube.)

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.

Anger consumes John McCain support as poll gap widens – Times Online

Anger consumes John McCain support as poll gap widens – Times Online:

“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!’”

(Via Times Online.)

It’s turning ugly. My question is why not speak against such outbursts when they happen or perhaps later? Truly frightening these two.

What’s the Difference?

So Palin can speak in complete sentences. She still knows nothing about foreign policy. – By Fred Kaplan – Slate Magazine:

“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.”

(Via Slate.com.)

About the only thing the McCain smacks of change is it’s slogan which has as the campaign wears on. Now it’s, “Change is Coming.” Barack Obama is winning in the polls so I guess he’s right.

John McCain was a Maverick

Video – Breaking News Videos from CNN.com:

(Via CNN Video.)

McCain on the maverick party: “You don’t have to go home, but you have to get the heeeeellllll outta here!”

Competing Tax Plans: Two Perspectives – Freakonomics – Opinion – New York Times Blog

Competing Tax Plans: Two Perspectives – Freakonomics – Opinion – New York Times Blog:

Tax Graph

(Via Freakonomics – Opinion – New York Times Blog.)

I love freakonomics. Looking at the complete set of graphs breaks down each candidates’ tax plans. It clearly lays out the candidates’ priorities.

McCain’s Intentional Grounding

McCain Suspends Campaign | Views | TheRoot.com:

“In the after-swirl of John McCain’s campaign-suspension gambit Wednesday, one analyst offered this assessment: ‘It’s the longest Hail Mary pass in the history of either football or Marys.’
Okay, it was just a Facebook status update from a declared liberal in Pennsylvania, but in a very real way it captures the desperation that seemed to envolope Camp McCain yesterday. Now that we know the chronology of the day’s events, it seems that a more apt football analogy for McCain’s move would have been ‘intentional grounding,’ a deliberate attempt to look like you’re making a play when in fact you’re just getting rid of the ball to avoid an imminent and costly loss of yards, known in the parlance as getting sacked.”

(Via The Root.)

More McCoward? Looks so.