One has to wonder if John McCain even wants to win these days.
Over this past weekend, McCain finally figured out that two weeks of calling Obama a “terrorist” actually lost him more votes than he gained. Apparently, someone on his campaign staff thought it was a good idea, because such smears "worked for Bush," but forgot to factor in the too-long war and the exploding economic mess when they went for that strategy.
So, in a last-ditch effort to remain remotely relevant, McCain held a weekend Republican economic strategy session, and what he essentially came up with is the following, which he delivered in a very stern, very harsh tone at a rally Monday in Virginia Beach.
"Our economy is in crisis. Financial markets are collapsing. Credit is drying up. Your savings are in danger. Your retirement is at risk. Jobs are disappearing. The cost of health care, your children’s college, gasoline and groceries are rising all the time with no end in sight. While your most important asset — your home — is losing value every day. Americans are fighting in two wars."
Now, keep in mind, this is the Republican nominee, who is running to
replace the Republican president. And most of the American voters are
inclined to not vote for a Republican this year at all. So,
essentially, he was telling a rally, which is ostensibly used to
attract voters to your campaign, that his party has left the country a
Later in the day, in Wilmington, NC, he honed his message just a little. Check this out:
are hard times. Our economy is in crisis. Our savings are in danger.
Our retirement is at risk. Jobs are disappearing. The cost of health
care, of children’s college and gasoline are rising all the time. The
next president won’t have time to get used to the office. We will have
to act immediately and to do that we will need experience, courage and
judgment, and a bold plan to take this country in a new direction."
disconnect in the above is absolutely incredible, and he doesn’t even
seem to realize that he’s actually making a better case for Obama than
himself. He seems to think his years in Washington somehow give him
unique experience as president, but they don’t.
indeed true, that the “next president won’t have time to get used to
the office,” and that “we will have to act immediately,” as he says,
then he’s demonstrating with his campaign that he is absolutely not up
to the challenges that await the next president. If he’s trying to make
the case that he’s ready to take on the economy, then why is he still
sputtering after about a month of economic disaster?
morning of the day the first financial institutions fell, which was
almost a month ago, McCain was assuring anyone who would listen, “the
fundamentals of the economy are strong.” Within hours after that
declaration, he had to backtrack, and change his strategy. Then, when
the wheels came off, and the Bushies – again, the leaders of McCain’s
own party – declared an urgent need for $700 billion of our tax
dollars, he pretended to “suspend” his campaign, returned to Washington
about a day later, and then made phone calls to find out what was going
on, and still seemed confused a few days later, when he claimed credit
for bring Republican Congresspersons along to vote on the bailout, just
before it went down to defeat. And since then, he’s sounded confused,
and somewhat disoriented with regard to the economy.
need quick work on the economy, what about McCain’s actions in the past
week would give us any sort of indication that he can think on his
feet, and make quick decisions on the economy? It took him a month to
even convene a strategy session on the economy, and even then, the
above is all they could come up with; a statement that the economy
sucks, but nothing to indicate they know what to do about it.
that with Obama, who has remained cool and calm, and has obviously been
working on a plan for some time, choosing to unveil it after there was
some idea of the government’s response to this crisis. Today, at the
same time McCain was telling everyone that the Republican
Administration he hopes to replace with largely the same people has
left the economy in a shambles, Barack Obama’s campaign released their Rescue Plan for the Middle Class, and made a major economic policy address, during which he said;
need to pass an economic rescue plan for the middle-class and we need
to do it now. Today I’m proposing a number of steps that we should
take immediately to stabilize our financial system, provide relief to
families and communities, and help struggling homeowners. It’s a plan
that begins with one word that’s on everyone’s mind, and it’s spelled
I’m proposing to give our businesses a new
American jobs tax credit for each new employee they hire here in the
United States over the next two years.
also save one million jobs by creating a Jobs and Growth Fund that will
provide money to states and local communities so that they can move
forward with projects to rebuild and repair our roads, our bridges, and
our schools. A lot of these projects and these jobs are at risk right
now because of budget shortfalls, but this fund will make sure they
Since so many Americans will be
struggling to pay the bills over the next year, I propose that we allow
every family to withdraw up to 15% from their IRA or 401(k) – up to a
maximum of $10,000 – without any fine or penalty throughout 2009. This
will help families get through this crisis without being forced to make
painful choices like selling their homes or not sending their kids to
There is a whole lot more to this,
including a moratorium on foreclosures, and a call to restore ethics
and responsibility to financial markets on all levels, and you can read the speech right here…
if John McCain is correct, and we need a president who is ready for the
office, ready to lead, and who has to think on his feet quickly, be
honest; who’s demonstrating those skills right now?
Here’s your choice, folks;
have one candidate who took a month to even convene a strategy session,
only to come up with what we already know, that his party’s economic
strategies are morally and ethically bankrupt, and who can’t even
conceive of a solution to our economic problems, and has not even
acknowledged the average, middle class American.
And you have
another candidate, who obviously consulted with economics experts for
weeks, and came up with a very detailed, very elaborate plan for
getting us out of our economic hole, and bringing the middle class up
John McCain is right; we need a president who’s ready for the job of president.
Well, this is the job, folks. Barack Obama is ready, and John McCain is not. It’s that simple.
Well, John McCain has announced his economic plan, and asd predicted, he demonstrates a complete lack of understanding of what’s going on, economically speaking, in this country. In other words, he once again has proven that he’s not ready for the presidency.
The highlights of his plan are tax breaks and tax breaks and more tax breaks, but very little for the middle class. Check this out:, from AFP:
McCain said withdrawals from retirement accounts — IRAs and 401(k)s
— should be taxed at the lowest rate, ten percent, this year and next,
for the first 50,000 dollars withdrawn from such accounts each year.
Republican further proposed reducing the maximum tax rate on long term
capital gains to 7.5 percent in 2009 and 2010, so as not to penalize
Americans forced to sell stocks in current conditions.
Arizona senator last week unveiled a "McCain Resurgence Plan" to
purchase mortgages directly from homeowners and mortgage servicers, and
replace them with fixed-rate mortgages, enabling families to stay in
He said Tuesday the direct cost of the program would
be 300 billion dollars, to be drawn from the 700 billion dollar rescue
plan recently approved by Congress.
And he called for exempting
unemployment benefits from taxation, noting that 3.6 million Americans
are currently receiving such benefits.
So, once again, seniors get a few crumbs, families get very few crumbs, and large stockholders get the bulk of the assistance. Nothing to reduce the number of foreclosures, nothing to help families who are struggling to stay afloat, nothing about gas prices…
John McCain has provided us with a big fat nothing.
Once more; Barack Obama has demonstrated himself ready for the job, while John McCain has not.