Recently in John McCain Category

As a pivotal election nears in Israel (on February 10th), the Middle East's leading political analyst Caroline Glick is concerned that the leader of the Israeli conservative Likud Party is making the same mistakes John McCain made in the U.S. presidential election. Her core conviction:

As we saw in the U.S. presidential election and in the current Israeli Knesset campaign, by moving to the left, right-leaning candidates demoralize their base. And far from convincing swing voters to support them, they make swing voters feel comfortable supporting their opponents.

And this:

By incorrectly identifying the object of both Republican dissatisfaction and swing-voter concerns, McCain demoralized his base and convinced undecided voters it was okay to support Obama. Indeed, it was McCain's anti-Republican campaign more than Obama's change campaign that brought a majority of voters to Obama. As polling data indicates, Obama did not move many Republican voters to his side.

Read it all.

How Conservatives Lose Elections

By: Caroline B. Glick

Wednesday, December 24 2008

It would seem that in recent years conservative candidates in both Israel and the U.S. have forgotten how to win an election.

A John McCain story.

Monday's Christian Science Monitor carried this argument for the election of John McCain composed b two of the brilliant lawyers who write for Power Line. We couldn't agree with it more. This is no time to gamble on a smooth-talking, inexperienced narcissist who wants to remake America in his image. We need John McCain to protect and defend the America we love.

A closing argument for John McCain

His mettle has been tested; he's ready to lead.

By John H. Hinderaker and Scott W. Johnson

from the November 3, 2008 edition

Minneapolis - Speaking in Seattle to campaign contributors behind closed doors earlier this month, Democratic vice presidential candidate Joe Biden all but endorsed John McCain for president.

"Mark my words," Senator Biden warned the assembled supporters. "It will not be six months before the world tests Barack Obama like they did John Kennedy. The world is looking. We're about to elect a brilliant 47-year-old senator president of the United States of America. Remember I said it standing here if you don't remember anything else I said. Watch, we're gonna have an international crisis, a generated crisis, to test the mettle of this guy."

"I can give you at least four or five scenarios from where it might originate," Biden continued, citing the Middle East and Russia as possibilities. "And he's gonna need help. And the kind of help he's gonna need is, he's gonna need you – not financially to help him – we're gonna need you to use your influence, your influence within the community, to stand with him. Because it's not gonna be apparent initially, it's not gonna be apparent that we're right."

Recalling that Senator Obama selected Biden as his running mate because of his purported foreign-policy expertise, one might think that more attention would be paid to the obvious import of Biden's words.

Not surprisingly, Biden made no mention of the world testing the mettle of Senator McCain if he were to take office (although he did later, lamely seeking to dismiss the meaning of his words). And for good reason. McCain's mettle has already been tested – proved under conditions beyond the imagining of most Americans. If it is possible to give something beyond the last full measure of devotion to our country, McCain has.

We think that the country would be best served by calling on McCain for one last mission – as president.

The financial crisis in which we now find ourselves poses an economic challenge to American well-being unlike any we have faced since the Great Depression. Before it materialized, Obama supported substantial tax increases through the expiration of the Bush tax cuts for the highest income-earners (of shifting definition). Now that America faces a recession, Obama still supports counterproductive tax increases – on capital gains, the most productive workers, and successful small businesses – that are guaranteed to throw additional sand into the wheels of the economy.

When Obama explained to Joe the Plumber that he believed in "spread[ing] the wealth around," he meant it. He doesn't seem to have much respect for the income and wealth of those who have earned it. He seems to believe it the job of government to redistribute to those trailing "behind" Joe.

If he wins, Obama will take the oath of office, in which he'll swear to "preserve, protect, and defend the Constitution of the United States." Yet the record shows that Obama isn't particularly fond of the Constitution. In a 2001 interview on Chicago public radio, Obama noted that the Warren Court had "never ventured into the issues of redistribution of wealth and sort of more basic issues of political and economic justice in this society," and "to that extent as radical as I think people tried to characterize the Warren Court, it wasn't that radical." Obama asserted that the Constitution "reflected an enormous blind spot in this culture that carries on until this day."

He also noted that the Court "didn't break free from the essential constraints that were placed by the Founding Fathers in the Constitution, at least as it has been interpreted." Obama seemed to think the Constitution deficient, because it provided only a guarantee of negative liberties – what the government can't do to citizens – rather than a positive right to welfare. The Founding Fathers would be shocked by Obama's attitude toward this cornerstone of American principles.

McCain is a more traditional figure. He advocates lower taxes on earned income and shared prosperity through economic growth rather than the redistribution of wealth. He supports the mutual economic advantage to be found in free trade, particularly with friends and allies such as Canada and Colombia, as well as the preservation of the secret ballot in union elections, a strong defense, and victory in war.

In short, Biden suggests that Obama would invite the kind of crises JFK faced when Soviet Premier Nikita Khruschev tested him in the Cuban missile crisis, in Berlin, and in Vietnam. And he should know.

McCain, however, also harks back to JFK – the JFK who represented a generation "tempered by war, disciplined by a hard and bitter peace, proud of our ancient heritage – and unwilling to witness or permit the slow undoing of those human rights to which this Nation has always been committed, and to which we are committed today at home and around the world."

John H. Hinderaker and Scott W. Johnson are Minneapolis attorneys and contributors to the blog Power Line.

Vote for our fine Republican candidates.
God Bless America.
We are pround to be Americans.

McCain/Palin for President/Vice President
Jeff Beatty for U.S. Senate
Be sure to blank the vote for Congress or write in an opponent to the Democrat incumbent Delahunt, the self-described "close friend" of the Venezuela enemy of America Hugo Chavez. Delahunt is in our Hall of Shame for expressing delight at a congressional hearing that an intelligence professional had been forced to testify so al Qaeda could see what he looked like.
Don Howell for State Representative in the Fourth Barnstable District
Anastasia Walsh Perrino for Barnstable Registrar of Probate, running against a retiring Democratic legislator looking for a political job closer to home.
For Barnstable County Commission, vote Barros and Crowell into the two open slots.

Democratic policies promoting mortgage loans to those who couldn't afford them created the housing boom and bubble and its collapse that was at the heart of the worldwide financial panic that has cost American savers hundreds of billions of dollars of losses in their life savings. There was a chance to head off disaster in 2005 and 2006 but Democrats in the Senate led by Harry Reid and supported by Barack Obama and other Senate Democrats blocked the Republican bill to rein in Fannie Mae and Freddie Mac. House Democrats led by Pelosi and Barney Frank backed them up. The Democrats who pushed such policies deserve to be rejected. They sought to "spread the wealth" and instead impoverished tens of millions.

However, the most important decision on November 4th is electing our Commander-in-chief.

These are dangerous times, it is a dangerous world. Many don't want to think about it, but Islamic radicals are waging a world war against Western Civilzation targeting first and foremost the United States. Battlefronts are in Iraq, Afghanistan, Pakistan, Somalia, Lebanon, Israel, Nigeria, across all of Western Europe and in the United States, Canada and Australia. In some places it's active warfare, in others, terrorism, in others, subversion of our values and way of life to replace them with Islamic law. And Russia and China are building military strength while Iran seeks nuclear warheads for its long-range missiles.

Only John McCain is qualified and fit for the job of Commander-in-Chief. 69% of our military polled agree. McCain loves America and will do his utmost to protect it. Obama finds it difficult to say a good word about America. He constantly disparages America, it's bad and it needs to be changed.

Not only is Obama unqualified, he denies the importance of these threats, has pledged to slash our military to help fund new welfare programs and seems to believe appeasement and a weakened military will bring us peace in our time, just as Neville Chamberlain did in 1939. What prize would he offer up to Iran as Chamberlain offered (and gave) the Sudetenland to Hitler? No wonder Israelis polled prefer McCain by a wide margin.

Mark Steyn looks at the choice for president and sees this:

An Obama Administration will pitch America toward EU domestic policy and UN foreign policy. Thomas Sowell is right: It would be a “point of no return”, the most explicit repudiation of the animating principles of America. For a vigilant republic of limited government and self-reliant citizens, it would be a Declaration of Dependence.

Would it really be that bad? Professor Thomas Sowell warns that an Obama election would represent a "point of no return," would be "transformative, in Mark Steyn's view. Mark Steyn elaborates on our historical context:

The new president would front the fourth great wave of liberal annexation — the first being FDR’s New Deal, the second LBJ’s Great Society, and the third the incremental but remorseless cultural advance when Reagan conservatives began winning victories at the ballot box and liberals turned their attention to the other levers of the society, from grade school up. The terrorist educator William Ayers, Obama’s patron in Chicago, is an exemplar of the last model: forty years ago, he was in favor of blowing up public buildings; then he figured out it was easier to get inside and undermine them from within. (Note: Exactly the point made by us earlier: "Having abandoned bombing as counterproductive, Ayers concentrated on early childhood education as the way to subvert the American system from within.")

All three liberal waves have transformed American expectations of the state. The spirit of the age is: Ask not what your country can do for you, demand it. Why can’t the government sort out my health care? Why can’t they pick up my mortgage?

Steyn concludes:

If a majority of Americans want that, we holdouts must respect their choice. But, if you don’t want it, vote accordingly.

October 25, 2008, 7:00 a.m.

Point of No Return
Will we vote for the same soothing siren song as our enervated allies?

By Mark Steyn, syndicated columnist, in the National Review

Across the electric wires, the hum is ceaseless: Give it up, loser. Don’t go down with the ship when it’s swept away by the Obama tsunami. According to newspaper reports, polls show that most people believe newspaper reports claiming that most people believe polls showing that most people have read newspaper reports agreeing that polls show he’s going to win.

In the words of Publishers’ Clearing House, he may already have won! The battleground states have all turned blue, the reddest of red states are rapidly purpling. Don’t you know, little fool? You never can win. Use your mentality, wake up to reality. Why be the last right-wing pundit to sign up with Small-Government Conservatives For The Liberal Supermajority? We still need pages for the coronation, and there’s a pair of velvet knickerbockers with your name on it.

Read the rest...

The Middle East's most perceptive observer Caroline Glick looks at an Obama presidency from the point of view of an American and an Israeli and shudders.

Some main points:

In speaking as he did, Biden essentially acknowledged three things. First, he recognized that Obama projects an image of weakness and naiveté internationally that invites America's adversaries to challenge him.

Second, by stating that if Obama is tested a crisis will ensue, Biden made clear that Obama will fail the tests he is handed as a newly inaugurated president. After all, when an able leader is tested, he acts wisely and secures his nation's interests while averting a crisis.

Finally, Biden made clear that Obama's failure will be widely noted, and hence, "it's not gonna be apparent that we're right."

IN LIGHT of Biden's dire warning about his running-mate, the central question that Americans ought to be asking themselves is whether or not Biden is correct. Is it true that Obama projects a posture of weakness and incompetence internationally and is it likely that this posture reflects reality?

Unfortunately, it appears that Biden knows exactly what he is talking about.

Obama has called for slashing the US military budget, cutting back the US's anti-missile programs and scaling back drastically the US nuclear arsenal. That is, although Obama has claimed that he will never take the option of the use of force off the table, by refusing to strengthen the US military which he perceives as weak, he is making certain that the US military option is ineffectual.

Iran will likely be the first US adversary to test Obama. And Obama will have no idea what to do. While Obama has stated repeatedly that a nuclear-armed Iran is a "game-changer," Obama's own rule book for international relations has no relevance for dealing with Iran's game.

Obama views international relations as a creature of American will. If America is nice to others, they will be nice to America. But the fact of the matter is that regimes like Iran hate the US regardless of how it behaves. The only question with strategic relevance for Washington is whether the Iranians also fear the US. And Obama has given them no reason to fear him. To the contrary, he has given them reason to believe that under his leadership, the mullahs can defeat America.

AMERICA STANDS to elect its new president in times of nearly unprecedented dangers. Iran is on the threshold of nuclear weapons. Thanks to the Bush administration, North Korea now feels free to vastly expand its nuclear proliferation activities. Oil rich states like Venezuela, Russia and Iran recognize that with global oil prices decreasing, now is the time to strike before they are impoverished. And the international economic turmoil will cause Western nations to recoil from international confrontations and so embolden rogue states to attack their interests.

Is Obama the man for this job? Clearly not.

Read the entire article, which includes comparisons to Israel's situation and the hugely increased existential risk and danger to Israel from an Obama presidency.

Testing Obama's mettle

Oct. 24, 2008
Caroline Glick , THE JERUSALEM POST

In a week and a half, American voters will elect the next US president. Their decision will impact the entire world.

Democratic nominee Senator Barack Obama now enjoys a significant lead in the polls against Republican presidential candidate Senator John McCain. For McCain to win, a lot of Obama supporters will need to reassess their choice for president. This week, Obama's running-mate Senator Joseph Biden gave Obama supporters a good reason to change their minds.

Joe Biden was picked by Obama as his vice presidential running mate because he knew foreign affairs. So what's Biden's view of the dangerous world we live in today? He told us.

Lloyd Marcus is a black conservative touring the country with a pro-McCain/Paln organization called Our Country Deserves Better. His words are worth reading.

I’m Lloyd Marcus, a black conservative who is determined to fight for a bright future for America. I’m urging you to stand with me in rejecting the candidacy of Barack Obama. It saddens me to listen to Obama speak about America – he seems to always be speaking about all that he sees wrong with America.

Barack Obama doesn’t appreciate the value of hard work and self-determination. He shamefully urges Americans to view themselves as “victims” instead of celebrating the fact that in our great nation you can achieve great things – if you have the passion to dream, and the commitment and determination to strive for excellence.

Obama doesn’t understand the selfless service and sacrifice that our military men and women make on a daily basis to keep our nation safe and free. When our troops achieved great success with “The Surge” in Iraq, Obama refused to acknowledge the success, and then begrudgingly conceded things might have improved, but gave the credit to Sunni clerics.

Why would Barack Obama stand there at a campaign event and look down with his hands at his side while the national anthem was played and his Democratic challengers had their hands on their heart? Why would Obama make a point of not wearing an American flag lapel pin after 9/11? Why would his wife say she spent most of her adult life not proud of her country? Friends, how can we put America’s future in the hands of a man who doesn’t seem to understand the greatness of America? We don’t need a “citizen of the world” to lead us at a time of economic challenges and threats from foreign foes - we need a great leader who will champion the goodness of America, the greatest nation in the history of all mankind.

Lloyd is a singer/songwriter and he redid the lyrics of Sarah Smiles.

American servicemen and women prefer McCain to Obama in a landslide, 68% to 23%.

Doesn't that tell you something?

Read it all.

Joe Biden incredibly -- except the Senate's number one dunce keeps doing this, so how can it be incredible? -- predicts with 100% certainty that President Barack Obama will be tested within his first six months in a "manufactured crisis" to see how he responds and seems to suggest that Obama will flunk that test. If that what VP nominee Biden thinks, that's a firm recommendation of why McCain should be president.

Sarah Palin felt she should discuss this strange statement.

The text:

Two weeks from today, Americans will be asked to cast their vote for the next president of the United States. There’s no time to wait. Let’s get right to it.

Did you hear what Senator Biden said at a fundraiser on Sunday? He guaranteed that if Barack Obama is elected, we’ll face an international crisis within the first six months of their administration. He told Democrat donors to mark his words – that there were “at least four or five scenarios” that would place our country at risk in an Obama administration. Thanks for the warning, Joe!

He didn’t specify what all those four or five scenarios will be, but for clues, let’s review the Obama foreign policy agenda.

Our opponent wants to sit down with the world’s worst dictators. With no preconditions, he proposes to meet with a regime in Teheran that vows to “wipe Israel off the map.” Let’s call that crisis scenario number one.

Senator Obama has also advocated sending our U.S. military into Pakistan without the approval of the Pakistani government. Invading the sovereign territory of a troubled partner in the war against terrorism. We’ll call that scenario number two.

He opposed the surge strategy that has finally brought victory in Iraq within sight. He’s voted to cut off funding for our troops, leaving our young men and women at grave risk. He wants to pull out, leaving some 25 million Iraqis at the mercy of Iranian-supported Shiite extremists and al Qaeda in Iraq. By his own admission, this could mean our troops would have to go back to Iraq. Crisis scenario number three.

After the Russian army invaded the nation of Georgia, Senator Obama’s reaction was one of indecision and moral equivalence – the kind of response that would only encourage Vladimir Putin to invade Ukraine next. That would be crisis scenario number four.

But I guess the looming crisis that most worries the Obama campaign right now is Joe Biden’s next speaking engagement. Let’s call that crisis scenario number five.

The real problem is that these warnings from Joe Biden are similar to his earlier assessment of Barack Obama. It wasn’t so long ago that he said Barack Obama wasn’t up to the job, and that, quote, “the presidency is not something that lends itself to on-the-job training.”

The same Joe Biden said he would be honored to run on the ticket with John McCain because, quote, “the country would be better off.” And here we have some common ground. I want a president who spent 22 years in uniform defending our country. I want a president who isn’t afraid to use the word “victory” when he talks about the wars we are fighting. I want a president who’s ready on Day One. I want a president with the experience and the judgment and the wisdom to meet the next international crisis – or better yet to avoid it. I want John McCain as our commander-in-chief.

As Democrats aided by the media have been doing all they could to blame eight years of the Bush Administration for the financial panic now circling the globe, it was Congressional Democrats who allowed the housing bubble to get out of control, leading to the inevitable collapse that was so big it has shaken the entire financial system.

It started with local agitators across the country demanding banks make loans they never should have to people who couldn't afford them. In the forefront was ACORN, the national socialist organization, terrorizing and intimidating banks, bank and public officials into loosening lending standards. The ACORN chapter in Chicago was one of the national leaders in blackmailing banks; their people were trained in their intimidation tactics by none other than Barack Obama.

Then Democrats in Congress urged Fannie Mae and Freddie Mac to buy up all these risky loans that banks were more than happy to get rid of; they didn't want to make them in the first place. Then Fannie and Freddie had Wall Street package the loans and sell them around the world. With the assumed guaranty of the U.S. government behind the securities of these public sponsored agencies everyone bought relying on the credit of the U.S.

Efforts to slow down and stop the incredible expansion of subprime loans made possible by Fannie and Freddie (from 2% of total loans in 2002 to 30% in 2006) were blocked by Democrats in Congress led by Congressman Barney Frank of Massachusetts and Senator Christopher Dodd of Connecticut. John McCan was urging reform; Obama was not. Instead, Obama in just his very short time in the Senate became the second biggest recipient over 20 years of Fannie/Freddie campaign contributions (second only to Senator Dodd).

As a result of the Democrats' "do good' socialism, taxpayers will wind up paying hundreds of billions of dollars. Investors have already lost hundreds of billions of dollars and it could get worse if the bailout doesn't succeed. Warren Buffet thinks the $700 billion bailout may not be enough to stave off recession or worse.

Before the bailout bill to rescue the financial system from Democratic excess passed, Fox News presented an excellent short summary of how it all came about.

So put the blame where it belongs -- on Obama-type Marxist socialism pushed along by Democrats in Congress.

This McCain ad was out before the presidential debate was over (which McCain won hands down):

Today's op-ed in the Wall Street Journal is another look into how the financial crisis the world is now experiencing could have been averted or at least have been much more limited in scope and far less damaging.

Key paragraphs:

The strategy of [Fannie Mae and Freddie Mac] presenting themselves to Congress as the champions of affordable housing appears to have worked. Fannie and Freddie retained the support of many in Congress, particularly Democrats, and they were allowed to continue unrestrained. Rep. Barney Frank (D., Mass), for example, now the chair of the House Financial Services Committee, openly described the "arrangement" with the GSEs at a committee hearing on GSE reform in 2003: "Fannie Mae and Freddie Mac have played a very useful role in helping to make housing more affordable . . . a mission that this Congress has given them in return for some of the arrangements which are of some benefit to them to focus on affordable housing." The hint to Fannie and Freddie was obvious: Concentrate on affordable housing and, despite your problems, your congressional support is secure.

In 2005, the Senate Banking Committee, then under Republican control, adopted a strong reform bill, introduced by Republican Sens. Elizabeth Dole, John Sununu and Chuck Hagel, and supported by then chairman Richard Shelby. The bill prohibited the GSEs from holding portfolios, and gave their regulator prudential authority (such as setting capital requirements) roughly equivalent to a bank regulator. In light of the current financial crisis, this bill was probably the most important piece of financial regulation before Congress in 2005 and 2006. All the Republicans on the Committee supported the bill, and all the Democrats voted against it. Mr. McCain endorsed the legislation in a speech on the Senate floor. Mr. Obama, like all other Democrats, remained silent. [Unable to muster enough Democratic votes for a filibuster-proof majority, the Republicans failed in their effort to get the bill out of the Senate.]

If the Democrats had let the 2005 legislation come to a vote, the huge growth in the subprime and Alt-A loan portfolios of Fannie and Freddie could not have occurred, and the scale of the financial meltdown would have been substantially less. The same politicians who today decry the lack of intervention to stop excess risk taking in 2005-2006 were the ones who blocked the only legislative effort that could have stopped it.

Barney Frank from Massachusetts, Chairman of the House Financial Services Committee, was of critical importance in urging Fannie and Freddie into deeper and deeper risk filled waters. The two senators from Massachusetts Kerry and Kennedy were among those Democrats (including Barack Obama, number 2 on the Fannie/Freddie campaign contributions list) who failed to help the reform legislation pass the Senate and move to the House for possible favorable action and enactment.

OPINION SEPTEMBER 23, 2008

Blame Fannie Mae and Congress For the Credit Mess

By CHARLES W. CALOMIRIS and PETER J. WALLISON

Many monumental errors and misjudgments contributed to the acute financial turmoil in which we now find ourselves. Nevertheless, the vast accumulation of toxic mortgage debt that poisoned the global financial system was driven by the aggressive buying of subprime and Alt-A mortgages, and mortgage-backed securities, by Fannie Mae and Freddie Mac. The poor choices of these two government-sponsored enterprises (GSEs) -- and their sponsors in Washington -- are largely to blame for our current mess.

Two different articles appeared over the weekend about how and why the current world financial crisis came about. We touched on this subject several days ago as well, dealing not only with the financial crisis but the self-imposed oil shortfall that is driving up prices of gasoline and heating oil and everything else for average Americans.)

It's simple: It all started with Fannie Mae and Freddie Mac and loose lending standards to promote home ownership among those who realistically couldn't afford it.

In 2004 and 2005 a major effort backed by President Bush began in the Senate to rein in the two super government sponsored agencies. A reform bill, S. 190, co-sponsored by three senators, including Senator McCain, appeared to be gaining momentum, but then was blocked by Democrats in both the Senate and the House. If that bill had become law, the terrible consequences being experienced today would not have happened.

McCain/Palin bumper stickers are in such demand the printers are backlogged. While Jeff Beatty stickers are available, not everyone has access to them, but we have them here, too.

For those who would like something now, we have three offerings for McCain Palin and one for Jeff Beatty. These aren't "stickers" obviously, but they can go on the back ledge of a car or in a window or wherever.

What to do: There are three choices for the two big McCain Palin ones. They are actual size about eight inches or less long. It would be best to use photo paper, but regular paper can be used, too, but won't look as good.

Right cliick on either of them.

You will see a number of choices:

1. Print picture. Left click on that one and the print option comes up and just print as usual. (Hint: For "Country First," if you choose landscape when printing, the bumper sticker is longer.)
2. "Save target as" allows you to download the "sticker" to your desktop or to whatever folder you select. You can then print it out as many times as you want and you have it for future use.
3. Email. Left click on that option and you can email the picture to yourself and friends. The attachment can be printed when it arrives and saved to a folder for future use.

For the third McCain Palin "sticker" and the one Beatty, both shown small, there is one extra step to take first: Left click on it and a full-size bumper sticker will appear. Follow the steps as for the others.

On to victory.

What a mess.

Oil and gasoline prices are sky high because world oil supply growth is stagnating. The U.S., once the largest producer in the world, is seeing its mature fields fade and its oil reserves decline.

Suddenly, the U.S. financial markets are in free fall. Retirement savings in 401(k)s are vanishing. House values are collapsing. The world worries that the entire financial system will freeze up.

How did this all happen?

Democratic policies are responsible for both crises we face.

Oil blackmail. For decades Democratic Members of Congress, beholden to their extremist environmental backers, have prevented drilling for oil and gas offshore and in the most promising areas of Alaska. Since only recently has technology been developed to extract oil economically from Rocky Mountains shale, that was not included in the annual renewal of the drilling ban, so Colorado Democratic senator Salazar had a separate moratorium slapped on that.

The U.S. has within its land mass and its territorial waters enough untapped oil to make the U.S. totally independent of hostile and unstable oil producers overseas. Yet Democratic policies have made us vulnerable to supply imbalances that drive up oil and gasoline prices to levels the public cannot afford.

When it's finally obvious to all that it's imperative for national energy security as well as fair treatment of the public to drill now, the Democrats still say no, then say, well, maybe as part of a comprehensive plan and then produce sham bills that can't pass and are sure to be vetoed if somehow they get through Congress.

McCain/Palin are for doing all that is possible to increase our energy supplies starting with drilling for oil and gas in an environmentally responsible manner and developing all of the alternative energy sources that make economic sense. But make no mistake about it: Oil will be vital for a long time. Its use will not end in ten years, as Obama predicts. It will still power the world's ships and aircraft for many years to come.

The time to end the Democratic policy against developing our own resources is now.

Unaffordable housing. Democratic pressure to make home ownership available to those who really couldn't afford it built through the years, reaching a crescendo during the Clinton years. The two secondary mortgage market corporations Fannie Mae and Freddie Mac were universally considered as having 'implicit' federal guarantees and the debt they issued was rated high accordingly. Their job was to buy mortgage from originators, thus supplying them with fresh money to make new mortgages. More and more Fan and Freddie were pressured to buy loans that originated in subprime, often minority neighborhoods, when in the ordinary course local banks would shun such loans as too risky.

A study done by the Federal Reserve Bank of Boston in 1992 suggested that banks were doing "redlining," refusing to make loans in tough, usually minority, neighborhoods. The usual charges of racism and discrimination followed and Fannie and Freddie said they would take such loans on their books. As standards loosened, more and more people bought houses that just a few years earlier they could not buy. Private mortgage buyers competing with Fannie and Freddie had to loosen standards even more to keep the quasi-federal Fannie and Freddie from "creeping" into their business.

President Bush expressed concern several times during his first and second terms and proposed new sweeping regulatory authority over the two agencies, backed by Senator McCain, but Democrats fought the proposals, armies of Fannie and Freddie lobbyists worked over Congress and the President's reform efforts went nowhere. The present chairman of the House Financial Services Committee Barney Frank brushed off the proposed reforms as totally unnecessary as did the ranking Democrat on the Senate Banking Committee Chris Dodd and after 2004 so did Barack Obama. Senator McCain was especially prescient in warning in 2005 of the dangers to housing and the economy Fannie and Freddie represented because of their huge size.

It is no surprise that the Dodd and Obama are among the top four recipients of Fannie/Freddie campaign contributions. The top four (John Kerry and Hillary Clinton are the other two) all received more than $100,000. Obama's money total was the most remarkable because he was number two after just a few months in the Senate, while the others had been collecting their loot over years. (Some have suggested that the least Obama can do is give back the $100,000 plus he received from Fannie/Freddie.)

Years of Democratic pressure to make loans easier to get resulted in the greatest homeownership in American history. But in 2006 the new building boom was not finding as many buyers and prices had run up so high for existing homes since everyone could now get a mortgage almost regardless of credit that existing home sales started to slow as well. Furthermore, the looser standards encouraged buyers "to reach," to buy a more expensive house than cash flow would support on a regular mortgage by getting an adjustable or interest only mortgage. As those mortgages started to reset, buyers found themselves unable to make the payments. Since house value increases were slowing, it was no longer possible to refinance with a bigger mortgage using the new money borrowed to pay the bigger mortgage payments.

So when housing slowed, then entered a serious dive it was only a matter of time before the ripples caught up with the secondary market mortgage buyers, from Countrywide Credit up to the biggest of all, Fannie and Freddie. Ironically and sadly, Richard Syron, who was CEO of the Federal Reserve Bank of Boston when it issued the "redlining" report that triggered the call for more "realistic, "affordable" and racially blind mortgage lending standards, was at the helm of Freddie when it collapsed and was taken over by the federal government.

The housing values domino was the first to fall, then mortgage defaults escalated and some tranches of mortgage-backed securities sold to buyers around the world fell to zero and world financial panic resulted. No one knew how big the bust was going to be or how long it would last. It's said by some it won't be over until housing values stabilize, which could be in 2009 or later.

This all started with well-meaning but financially disastrous Democratic policies to make it possible for more Americans to own homes. Money flowed into housing like never before from Fannie and Freddie and private mortgage lenders. But the music stopped and there aren't enough chairs to go around.

These crises are still unfolding. The U.S. has gone through difficult times before and has, with strong leadership, come out of them stronger than ever. Senator McCain has correctly said the fundamentals of the economy are strong and expressed optimism that this challenge will be met successfully. Obama, in contrast, said he sees a future America as poorer and meaner than today.

Democratic opposition to drilling and Democratic opposition to tighter lending standards for home mortgages and oversight of Fannie Mae and Freddie Mac have created these disasters. Yet Obama opposes comprehensive drilling and Obama's campaign advisors include former top officials of Fannie Mae and Freddie Mac who walked away with tens of millions of dollars of Fannie and Freddie money in severance payments even though they were authors of the failure that taxpayers will now have to pay for.

Reform is desperately needed in Washington, but will be difficult to achieve. McCain and Palin are two tough reformers who have bucked the system. Obama has reformed nothing. McCain and Palin can shake up Washington and will serve the taxpayers, not special interests.

The nation cannot afford a continuation of the disastrous Democratic policies that have already cost Americans billions and will in the end cost taxpayers hundreds of billions of dollars, perhaps even more.

Doesn't everyone now know this is the way it is? The media is panting to elect Obama and is doing all it can to destroy McCain and Palin. Joel Mowbray highlights how the New York Times, once the venerable paper of record and undisputed authority for truth and objectivity, has now become a propaganda outlet devoid of balance and fairness.

It's an incredible litany worth reading.

Meanwhile, Jennifer Rubin shows that the Times is not alone, although it is leading the pack of jackals at the heels of McCain and Palin. Isn't the supposedly genial, affable and even-handed Charlie Gibson ashamed of his insulting and condescending interview of Governor Palin? Maybe that's it. There is no longer any professional pride in the mainstream media, so they no longer can feel shame. It's all about their power to sell their agenda, their candidates and to destroy anyone in their way. It's a war the media can't be allowed to win.

September 15, 2008

Into the Obama Tank for the Final Push
By Jennifer Rubin

John McCain believes he is in an existential war. America is engaged in a death struggle against Islamic terrorists.

But he is also fighting for his life: against a media establishment dedicated to his political destruction.

Any pretense of fairness by the mainstream media is gone. The MSNBC duo of anchor buffoons have been downgraded but not fired. The Washington Post runs dueling front page articles -- one a recycled tabloid-like piece (apologies to our tabloid friends who generally don't recycle old material) about Cindy McCain's past drug problems and one, made up out of whole cloth, that Sarah Palin's allegedly believes and told departing troops that Iraq was behind 9-11. Caught concocting the latter story, the Post tried a hasty edit on the piece (in the middle of the night, no less) -- a maneuver which bloggers quickly spotted.

We saw the oozing condescension of normally mild-mannered Charlie Gibson in his Palin interview. Assuring Palin he was using a direct quote (he was not) to accuse her of believing her son was on "task form God" and laying a gotcha trap on the Bush Doctrine (which has no single meaning), Gibson seemed himself to have a "task" -- to trip up a figure held in contempt by most of his colleagues.

Here's an interesting observation that was posted the day after this year's 9/11. When John McCain at a 9/11 forum at Columbia University spoke of his pride in American exceptionalism and how its men and women have shed blood for freedom in the world, his words were greeted with dead silence from the audience. Well, what does that mean? Blogger Dr. Sanity's blunt appraisal:

The dead silence at Columbia, one of the supposed "gems" of American academia bespeaks of a deadness of the soul that is truly pathetic.

To get the flavor of the situation, read this;

DEAD SILENCE AT COLUMBIA

I watched the [rather ridiculous, I thought] ServiceNation Presidential Forum at Columbia University last night and had the same reaction as a reader at The Corner at one point:

Did you notice how McCain received absolutely NO applause when he talked about how Americans have shed blood around the globe in defense of freedom and should be commended for that? I thought to myself — is there not an audience at this event? The camera panned back and did reveal an audience. What kind of people don't respond to such positive statements about the history of America?

Here is the portion in question:

WOODRUFF: Senator, I want to come back to something you said earlier, I think you used the word exceptional and unique about being an American. On this 9/11, this special day, what — help us understand what you think it means to be an American. And I don’t mean that in the obvious way.

I mean, people who live in Canada, who live in Mexico, around the world feel special about their country, so what is it that’s different about being in America? Are Americans better than people in some of these other countries? We hear the term “exceptionalism” about the United States.

MCCAIN: I do believe in American exceptionalism.

MCCAIN: And I think it was best articulated by our founding fathers. But I also think that my hero, Teddy Roosevelt, expressed it very well, and other leaders throughout our history.

We’re the only nation I know in the world that really is deeply concerned about adhering to the principle that all of us are created equal and endowed by our creators with certain rights. And those we have tried to bring to the world. And we have not so much militarily, but through example, through leadership, through economic assistance.

Look at what we did for Europe after World War II, look at the continuous efforts we make throughout the world. Look at the efforts we’re making to combat HIV/AIDS in Africa. There’s a lot more America can do.

And I love these other countries, and I’m not trying to denigrate them. But I know of no other country in the world with the generosity of spirit and the concern for fellow human beings than the United States of America, and I think that goes back to our very beginnings.

WOODRUFF: Does that make America better than these other…?

MCCAIN: I think it makes us exceptional. I think it makes us exceptional in the kind of citizenry we have and the kind of service and sacrifice that we are capable of.

And I mean that in no disrespect to any other nation, our close and unique relationship with the British. I have — I’m not trying to in any way denigrate any other nation, but it doesn’t in any way diminish my pride in the history of this nation, which has literally shed our blood in all four corners of the earth many times in defense of someone else’s freedom and have tried to further the principles of freedom and democracy everywhere in the world. I think we’re dedicated to that proposition. And, frankly, I think we’ve done a pretty good job.

McCain's passionate statement about American exceptionalism (and Woodruff's sense of disbelief that anyone could possibly think America was better than any other country) evoked absolute dead silence from the Columbia crowd. I think John McCain was somewhat taken aback that there was no response to this.

I think this perfectly exemplifies what it has come down to in this country: a great number of Americans--mostly of the Democrat and brainwashed leftist persuasion--don't think America is anything special. They live in the freest, best off, most productive, most generous country on the globe, and they don't think that's anything special.

Instead of being proud of their own country, they feel shame. Instead of seeing America as a "shining light on the hill" they believe it exemplifies all that is evil in the world. "No, no, no! Not God bless Amerika! God Damn Amerika!" And you wonder why the Reverend Wright saga didn't take down the Obama campaign when far less incendiary comments have thoroughly destroyed previous presidential campaigns?

The dead silence at Columbia, one of the supposed "gems" of American academia bespeaks of a deadness of the soul that is truly pathetic.

Of the many comments, this one rang a bell:

I tuned in at exactly that point of the Q&A and was immediately disgusted by Woodruff's little drama - implying that America is not "better", then trying to trap McCain into saying that it was, thus creating a "gotcha" for all the widdle Progressives to perseverate incessantly about for the rest of their very sad lives. [Do these people remind anyone else of Dana Carvey's SNL Church Lady character?]

But McCain slam-dunked it right back down all their whiney throats, imo, with what I thought was a brilliant exposition of America's exceptional dream at work. He was so on fire that I was "speechless" myself for a few seconds.

The reality of Palin, especially vs Obama, already has these elitist infants nearly corralled within their playpens. It should be both interesting and gratifying to see what the America/self haters do if McCain keeps effectively slamming the reality of America as conceived and at work in the real world into their oso Progressive/Defeatist fantasyland bubble - as the rest of real America watches.