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Debate Reax

I am fustrated.   The media has set the bar so low that even Barack Obama can clear it.    Take the debate’s first quesation, on the state of the economy, via CNN [1]:

I think everybody knows now we are in the worst financial crisis since the Great Depression. And a lot of you I think are worried about your jobs, your pensions, your retirement accounts, your ability to send your child or your grandchild to college.

And I believe this is a final verdict on the failed economic policies of the last eight years, strongly promoted by President Bush and supported by Sen. McCain, that essentially said that we should strip away regulations, consumer protections, let the market run wild, and prosperity would rain down on all of us.

It hasn’t worked out that way. And so now we’ve got to take some decisive action

BO is completely obvious to true cause of the credit melt down, Frannie Mae and Freddie Mac.   Yet the man so stupid as to unable to recognize the B.J  clinton, Chris Dodd and Barney Frank elephant in the room want to blame the credit crisis on “tax cuts for the rich.”    Evidently BO’s concept of economic leadership does not include standing up to the Congressional Black Caucus.

While BO was not willing to  offend the Congressional Black Caucus, nor to defend the State of Israel without the blessing of the United Nations, Obama was more than ready to attack a nuclear armed Pakistan:

And if we have Osama bin Laden in our sights and the Pakistani government is unable or unwilling to take them out, then I think that we have to act and we will take them out. We will kill bin Laden; we will crush Al Qaeda. That has to be our biggest national security priority

This is stupid.   Usama bin Laden a security threat to our nation per se   His army is.   In an army, everybody, even its leader is both expendable and replaceable.   BO man is a moron.   Feel free try to demonstrate otherwise.

So question, are you willing to trust your economic futures to man who would solve the credit crisis by repealing the Forty-Three’s “tax cuts for the rich?”

 

Addendum I:(Bit)

I’m going to have to differ with David somewhat on this. Is Obama oblivious to the real cause of the meltdown?  I don’t think so. I think Obama knows full well what the causes of thi meltdown are. How do I know this? Well, you tell ME. How does one so exactly avoid an elephant in the room when said elephant takes up 95% of the room, save he knows it’s there, and how to get around it without touching it?

As to blaming it all on the rich, that’s simply knee-jerk Democrat. The one thing Democrats are consistant on is trying to win Marx’s political battles for him. That’s all this has ever come down to.

Other matters; I tend to agree with Michelle’s distatse for McCain’s proposal to buy up bad mortgages [2]

As president of the United States, Alan, I would order the secretary of the treasury to immediately buy up the bad home loan mortgages in America and renegotiate at the new value of those homes — at the diminished value of those homes and let people be able to make those — be able to make those payments and stay in their homes.

 That kind of thinking is exactly why I did not support McCain in the early going; He’s far too prone to the socialist. That said, it should be noted it was the one solid proposal of the night, the one solid answer to the question of  ‘what are you going to do?” and it left Obama flat-footed. 

It also has the advantage, in my view, of being offered by someone who clearly understands that even limitless government has limited positive effects. I see that as a decided advantage for McCain. I expect most Americans will, as well.

The leftie sites, and yes, I would include CNN in this, are of course screaming Obama won the debate. I’m not so sure. McCain was as good as I’ve seen him, informed, passionate, decisive, and more than a little snarky at times… that last point being sorely lacking in the previous debate, I thought. The question of course is, is it enough?  In answer, not tonight, not of itself. I will say, however that there’s a lot of hours and a lot of events between now and November. It’s my thought that McCain has to amplify these qualities to make those events turn his way. If he does, last night will be seen as the pivot point. If not, last night will still be seen as the pivot point… Only, in the other direction.

Addendum II:  (David L)

Bit sez:

I’m going to have to differ with David somewhat on this. Is Obama oblivious to the real cause of the meltdown?  I don’t think so. I think Obama knows full well what the causes of thi meltdown are. How do I know this? Well, you tell ME. How does one so exactly avoid an elephant in the room when said elephant takes up 95% of the room, save he knows it’s there, and how to get around it without touching it?

I reserve the right to take BO’s assertions at face value, if it so suits my purposes.   Then what difference does it make whether BO is too stupid to see the donkey in the room (metaphor change) or too afraid to speak to it?   One way,  BO is too  stupid to lead, the other too timid to lead.   How is BO supposed to stand up to the al Qaeda in Pook-I-stan, if isn’t man enough to stand up to Maxine Waters?

As to the Old Fart and the Economy, I am less than thrilled by McCain’s proposed  bail-out mortage for  speculators.   However McCain was the only person on the stage last night who seemed to understand the nature of the economic crisis, the fact that it could get worse and the need to manage it.   I realize that libtards, like BO, hate CEO’s who make more than they do, but what the hay does CEO compensation have to do with the credit crisis?   If slashing compensation is the key to better economic outcome, I suggest we start by slashing the salaries of all Congresscritters.