You can add me to the long, long list of bloggers who are already second guessing John McCain's performance even before the debate has begun.
I am deeply distressed that Senator McCain cannot gain traction against Barack Obama. Obama is a terribly flawed candidate, one who certainly should not be elected President.
I remain absolutely convinced that Barack Obama will win and win by a landslide. Can John McCain do anything tonight to stop the train wreck? No. So what McCain should do is simply argue policies and facts. He should leave William Ayers and Rev. Wright at home.
Two recent Wall Street Journal articles point out the road Senator McCain needs to follow. First is Obama's 95% Illusion which clearly point out the flaws and absolute fantasy of Barack Obama's constant claim of a tax cut for 95% of all Americans, and a tax increase only on the rich. Like the Journal, I remain stunned that McCain and the Republicans haven't blown this house of cards up before now. It is, quite simply, a lie. And it's a huge lie.
Obama's plan actually is a dramatic increase in welfare. And his plan increases welfare in a way that will dis-incentivize people from working or improving their job or salary. If people get a better job, they will actually lose money.
Worse, it's a plan that will institutionalize poverty. Obama's plan will pass out a lot of checks to people who pay no taxes. But the checks will be too small to lift people out of poverty. Yet his program actually penalizes those who try. We will create the largest underclass in history, permanently on the dole.
Second McCain needs to genuinely attack Barak Obama on his absolute failure to lead during the fight for legislation that could have saved the world from this huge Banking Crisis. Again, I'll reference a Wall Street Journal article, Obama Voted 'Present' on Mortgage Reform
I must also reference my own essay from October 11th, We're About to Elect a Good Listener When We Need a Strong Leader which covers all the same facts. I can only assume, since my essay preceded the Journal article by 4 days, that they are reading my stuff...... O.K., probably not.
The Journal article is much better and much more complete than my own. You need to read every word to really understand why this collapse happened and how it was that the Democrats, and not Republicans, authored "the only banking deregulation in recent years." We are reffing to the Democrats deregulation of Fannie Mae and Freddie Mac, the two mortgage lenders who caused the subprime disaster.
While Barack Obama wasn't the only villain in this meltdown, he could have personally stopped it. And, worse yet, he clearly saw the disaster in the making and yet he did nothing.
The Journal writes, "In the summer of 2005, a bill emerged from the Senate Banking Committee that considerably tightened regulations on Fannie and Freddie, including controls over their capital and their ability to hold portfolios of mortgages or mortgage-backed securities. All the Republicans voted for the bill in committee; all the Democrats voted against it. To get the bill to a vote in the Senate, a few Democratic votes were necessary to limit debate. This was a time for the leadership Sen. Obama says he can offer, but neither he nor any other Democrat stepped forward."
"Instead, by his own account, Mr. Obama wrote a letter to the Treasury Secretary, allegedly putting himself on record that subprime loans were dangerous and had to be dealt with. This is revealing; if true, it indicates Sen. Obama knew there was a problem with subprime lending -- but was unwilling to confront his own party by pressing for legislation to control it. As a demonstration of character and leadership capacity, it bears a strong resemblance to something else in Sen. Obama's past: voting present."
These are just two of the real issues Senator McCain needs to address. There are several others, but Bill Ayers is not among them. Senator McCain, you cannot win. So you need to fight with class and bring the real issues of the election to a public that, frankly, does not want to see them.