Wall Street Journal Rips "Un-Presidential" McCain

By: Chris Guy
Published On: 9/19/2008 3:18:54 PM

When the Wall Street Journal, of all newspapers, writes an editorial like this during the worst financial crisis of our generation, only weeks from election day, can an Obama endorsement be far behind? Maybe, maybe not...but the fact that you can even entertain such a prospect speaks volumes about McCain's current standing in the race.

It ain't pretty:

John McCain has made it clear this week he doesn't understand what's happening on Wall Street any better than Barack Obama does. But on Thursday, he took his populist riffing up a notch and found his scapegoat for financial panic -- Christopher Cox, the chairman of the Securities and Exchange Commission.
.........
Was Mr. Cox dishonest? No. He merely changed some minor rules, and didn't change others, on short-selling. String him up! Mr. McCain clearly wants to distance himself from the Bush Administration. But this assault on Mr. Cox is both false and deeply unfair. It's also un-Presidential.
.........
In a crisis, voters want steady, calm leadership, not easy, misleading answers that will do nothing to help. Mr. McCain is sounding like a candidate searching for a political foil rather than a genuine solution. He'll never beat Mr. Obama by running as an angry populist like Al Gore, circa 2000.

Comments



Interesting ... (stpickrell - 9/19/2008 4:30:46 PM)
McCain is selling out his libertarian base with these comments. He's not going to win based on being angry at the economy; it it's a contest on that, Obama wins.

Likewise, his stem cell ads (anyone here in NoVA hear those?) seem to be selling out his value voter base -- sure, he's probably talking about adult stem cell research, but 90% of people think 'embryonic stem cells' when they think 'stem cell research.'

Of course, should I be complaining if McCain screws up? ;)



wOOT! (Josh - 9/19/2008 5:33:55 PM)

New numbers tilt VA (light) blue but push projections towards Obama:



Let's get that "win percentage" (Lowell - 9/19/2008 5:38:41 PM)
up to 100%.  Then I'll be happy. :)


Here here (thegools - 9/19/2008 10:46:43 PM)
I would like to see Obama up by at least 6% in all of the swing states.


Hear, Hear (jlmccreery - 9/20/2008 3:26:59 AM)
Give, work, pray. But don't turn to prayer until you've given and worked all you can.  


McCain on health care! (Peninsula Pete - 9/20/2008 8:08:47 AM)
McCain on banking and health
John McCain's article, Better Health Care at Lower Cost for Every American, in the Sept./Oct. issue of Contingencies, the magazine of the American Academy of Actuaries. You might want to be seated before reading this.
Here's what McCain has to say about the wonders of market-based health reform:
Opening up the health insurance market to more vigorous nationwide competition, as we have done over the last decade in banking, would provide more choices of innovative products less burdened by the worst excesses of state-based regulation.
So McCain, who now poses as the scourge of Wall Street, was praising financial deregulation like 10 seconds ago - and promising that if we marketize health care, it will perform as well as the financial industry!