From Obama/Biden Campaign Manager David Plouffe's email, October 5, 2008:
Over the weekend, John McCain's top adviser announced their plan to stop engaging in a debate over the economy and "turn the page" to more direct, personal attacks on Barack Obama. In the middle of the worst economic crisis since the Great Depression, they want to change the subject from the central question of this election.
Perhaps because the policies McCain supported these past eight years and wants to continue are pretty hard to defend. But it's not just McCain's role in the current crisis that they're avoiding. The backward economic philosophy and culture of corruption that helped create the current crisis are looking more and more like the other major financial crisis of our
time...During the savings and loan crisis of the late '80s and early '90s, McCain's political favors and aggressive support for deregulation put him at the center of the fall of Lincoln Savings and Loan, one of the largest in the country. More than 23,000 investors lost their savings.
One blogger--Daniel Libit, in Politico.com--analyzes repercussions of McCain's tenure on the committee:
Supporters credit him with being open-minded and say he ran the committee with a steady, moderate hand during his stints in the chair. But critics who worked with the committee at the time contend that McCain avoided policy debates and sometimes seemed apathetic — and that his staff was too cozy with lobbyists.
Experts who have worked with the committee or follow its deliberations paint a picture of McCain’s tenure as unremarkable and sometimes contradictory — and often (but not always) fueled by a deregulatory bent.
“He tended not to be a leader, strangely enough,” said the Heritage Foundation’s James Gattuso, who covers regulatory issues for the conservative think tank. “You had a lot of initiatives where it would be [former Sen.] George Allen or [Sen.] John Sununu or some other Republican taking [the lead] on a particular issue. Maybe he was picking his battles carefully, but he wasn’t out front, which was strange.”
One of the cardinal sins of the Bush/Cheney Misadministration is getting in bed with corporations. They let the foxes guard the henhouse, and the economy is in shambles as a result. McCain followed this example in many case as the Commerce Committee chair.
You can prevent this kind of chicanery and pain in 2009. Stop electing dumb leaders like George W. Bush. Bush has embarrassed us too many times. Sarah Palin has embarrassed the McCain campaign several times--most recently with failures to name any newspapers she reads when asked directly by Katie Couric!
The exchange, published by the British news agency The Telegraph:
In the latest clip, which is already being viewed on video-sharing site YouTube, Ms Couric asks: "When it comes to establishing your world view, I was curious, what newspapers and magazines did you regularly read before you were tapped for this to stay informed and to understand the world?"
Mrs Palin replies: "I've read most of them, again with a great appreciation for the press, for the media."
Ms Couric: "What, specifically?"
Mrs Palin: "Um, all of them, any of them that have been in front of me all these years."
Ms Couric: "Can you name a few?"
Mrs Palin: "I have a vast variety of sources where we get our
news, too. Alaska isn't a foreign country, where it's kind of suggested, 'wow, how could you keep in touch with what the rest of Washington, D.C., may be thinking when you live up there in Alaska?' Believe me, Alaska is like a microcosm of America."
Again: John McCain and Sarah Palin are too dumb to lead America. They don't care enough about you to lead America. And they are lying just to get your votes.
Elect Barack Obama. Elect a smart, compassionate man who works for you, not for corporations, and not against you.
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