Thursday, September 18, 2008

Attacks And Retreats

Both sides of the Presidential campaign appear to have shed the gloves now, and that tends to make things more interesting.  There have been a couple good volleys recently, starting with another gaffe from (who else?) Joe Biden:

Democratic vice presidential candidate Joe Biden says that paying higher taxes is the patriotic thing to do for wealthier Americans.

Biden says he and Democratic presidential candidate Barack Obama want to "take money and put it back in the pocket of middle-class people."

Under the Democrats' economic plan, people earning more than $250,000 a year would pay more in taxes while those earning less — the vast majority of American taxpayers — would receive a tax cut.

Biden told ABC's "Good Morning America" on Thursday that, in his words, "it's time to be patriotic ... time to jump in, time to be part of the deal, time to help get America out of the rut."

Nice going, Joe.  Patriotism has absolutely nothing to do with paying taxes, and most people realize that.  It's the threat of prosecution that makes people pay taxes.  Jonah Goldberg:

[W]hen Joe Biden says it's patriotic for wealthier Americans to pay higher taxes, he's making a hash of several basic concepts. First, taxes ain't charity. Second, patriotism ain't got nothing to do with it, since you're required as a matter of criminal law to pay what you owe. So, in one sense Biden is asking — scolding, really — Americans to enjoy paying their taxes, which is like asking health nuts to enjoy getting a colonoscopy. Regardless, equating a legal requirement with patriotism is just plain gross.

He also offers this quote:

"Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands."

This is definitely one of the more stupid things Biden has said, which is an impressive feat all by itself.  And, I'd also like to point out that this statement makes it completely obvious that the Democrat party's presumptive leaders believe in pure socialism.  Let me remind you:

Biden says he and Democratic presidential candidate Barack Obama want to "take money and put it back in the pocket of middle-class people."

That, my friends, is the definition of socialism: taking money from one group of people and redistributing it to another group of people.  When are we going to start calling the Democrats the Modern Democrat Socialist Party?
  That's what they stand for, so let's be honest about it.

The Obamessiah himself has changed tactics, suddenly becoming more harsh and argumentative.  This is apparently in response to many Democrat leaders and contributors who are concerned that he's on the way to losing the White House.  Some of his new fightin' words at a recent campaign stop:

"Sen. McCain bragged about how as chairman of the Commerce Committee in the Senate, he had oversight of every part of the economy. Well, all I can say to Sen. McCain is, 'Nice job. Nice job,'" Obama said at a rally at a baseball stadium in Las Vegas. "Where is he getting these lines? The lobbyists running his campaign?"

"Yesterday, John McCain actually said that if he's president he'll take on — and I quote — 'the old boys network in Washington.' I'm not making this up," Obama said. "This is somebody who's been in Congress for 26 years, who put seven of the most powerful Washington lobbyists in charge of his campaign.

"And now he tells us that he's the one who's going to take on the old boys network," Obama said. "The old boys network. In the McCain campaign that's called a staff meeting. Come on."

Hold on a second...I thought Barack Obama was best at presenting a facade of being a cool and thoughtful, uber-intelligent and introspective individual.  Does the fact that he's ditched that persona in favor of a more aggressive, attacking style raise any questions or suspicions in anyone else's mind?  Like, for instance, maybe he's not being completely honest about who he is?  Or, perhaps, that he's willing to do literally anything to win the election, even if it means throwing himself under the bus?  Or, perhaps, that he's getting more and more desperate?  Just something to ponder...

I say keep it up.  Until now, most of the most vicious attacks have been coming from Obama's surrogates in the media, and he's been able to say they didn't come from him (however shabby that defense may have been); with this change in tune, he won't have that excuse anymore.

McCain-Palin fired right back.  Palin on Biden's idiotic statement that paying taxes was patriotic:

"To the rest of America that's not patriotism. Raising taxes is about killing jobs and hurting small businesses and making things worse."

McCain on Obama's remarks:

"Senator Obama talks a tough game on the financial markets but the facts tell a different story. He took more money from Fannie and Freddie than any Senator but the Democratic chairman of the committee that regulates them. He put Fannie Mae's CEO who helped create this disaster in charge of finding his Vice President. Fannie's former General Counsel is a senior advisor to his campaign. Whose side do you think he is on? When I pushed legislation to reform Fannie Mae and Freddie Mac, Senator Obama was silent. He didn't lift a hand to avert this crisis."

While the leaders of Fannie and Freddie were lining the pockets of his campaign, they were sowing the seeds of the financial crisis we see today and enriching themselves with millions of dollars in payments. That's not change, that's what's broken in Washington.

We're certainly getting some good fireworks now!  I can't believe Obama is trying to use the lobbyist thing against McCain.  He's taken far more money from lobbyists than McCain has, and he has his own close advisers who are professional lobbyists.  At best, this would be a neutral argument with no net winning value for Obama, but with the direct connections to Freddie Mac and Fannie Mae, McCain should be able to win this one hands down.  It appears from the comments above that he's already on the job.

By the way, when it comes to Freddie Mac and Fannie Mae, the Democrats would do well to avoid the issue.  If the truth comes out about those organizations in widespread fashion, they'll take a pounding for it.  More on that in a future post.

The point is that Obama-Biden is still making the same stupid mistakes, and McCain-Palin is still moving forward.  There's a long way to go yet, but the general feeling out there is that the Democrats are beginning to sense this one slipping away, and are getting desperate to reel their 'landslide' back in.  Another example of that is how the Democrat-controlled Congress may actually leave for the end of year recess without addressing the financial issues at all!  They know they're largely to blame, so they're hiding from the issue, just like they did in August on the energy bill.

Senate Majority Leader Harry Reid said yesterday ... that ``no one knows what to do'' at the moment.

While I'm normally in favor of Congress 'getting done' as little as possible, Reid is already taking heat for his comments:

The Republican National Committee pounced on the Nevada lawmaker for his ``despair,'' and Senator Mel Martinez, a Florida Republican, said his remarks are ``not a way to inspire confidence or begin to turn the tide.''

And there were some calls for at least a bipartisan show of leadership during the crisis, which has resulted in the collapse of mortgage giants Fannie Mae and Freddie Mac, investment banks Lehman Brothers Holdings Inc. and Bear Stearns Cos., and insurer American International Group Inc., among other companies.

Unless party leaders on both sides of the aisle join with President George W. Bush to endorse a solution, there's little Congress and the president can do in the near term to restore market confidence, said Chuck Gabriel, managing director of Capital Alpha Partners LLC, which advises investors on politics and Washington.

Wall Street would respond positively ``if the president and Treasury Secretary Paulson and a couple of Cabinet members and the Republican and Democratic leadership all went on the White House lawn and said that we are resolved to taking additional measures in the coming weeks despite the elections to ensure that confidence is restored,'' Gabriel said.

``But the odds of that seem very, very low.''

From what I've read about it, we seem to be in a situation where perception is reality.  The most important thing for people to do is to remain calm and not make a run for their money.  Doing that would be creating a self-fulfilling prophecy which would lead to a real crisis.  Again, I'll post more on that later.

The point now is that the Democrat 'leaders' are leaders only in name.  None of them know how to lead during tough times, the Obamessiah included.

There's my two cents.

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