McCain ad: “Crisis”
posted at 10:00 am on September 15, 2008 by Ed Morrissey
Share on Facebook | printer-friendly
The new ad from Team McCain certainly has the virtue of timeliness. With the bankruptcy of Lehman Brothers and the purchase of Merrill Lynch this morning, crisis describes the financial markets well, and perhaps even understates the case. The campaign makes the argument that only proven reformers can clean up the government’s handling of Wall Street and make it work for all of its investors again:
Our economy in crisis. Only proven reformers John McCain and Sarah Palin can fix it.
Tougher rules on Wall Street to protect your life savings. No special interest giveaways. Lower taxes to create new jobs. Offshore drilling to reduce gas prices.
McCain – Palin. Leadership, experience, for the change we need.
Will this argument stick? Both campaigns have major ties to the Fannie Mae/Freddie Mac lobbying that helped force the enormous government bailout that left the Treasury unable to respond to Lehman Brothers, Merrill Lynch, and AIG today. McCain has a real track record of reform at the federal level, but not necessarily in management of the economy. Obama and Biden have even less, though, and expect McCain’s team to point that out in comparative advertising in the future.
Team McCain did a good job in getting in front of the issue, but today’s turmoil will likely redound to Barack Obama’s benefit unless they can start talking policy and how Obama’s tax and spending proposals will hurt the people most needed to return stability back to the markets. Now more than ever, we need low capital-gains tax rates to encourage investment and risk-taking in order to create more strength in the economy. An Obama increase on these tax rates would pull more capital out when it’s desperately needed, and could create a catastrophe out of a patch of turbulence.
You must be logged in to post a comment.
Blowback
Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.
Trackbacks/Pings
Trackback URL
Comments
Comment pages: « Previous 1 2
I don’t think that Obama’s is as high, but it could be, but I thought that Obama was bad.
MB4 on September 15, 2008 at 12:00 PM
The answers you need…
http://www.villagevoice.com/content/printVersion/541234
.
Griz on September 15, 2008 at 12:01 PM
“Only proven reformers”
Oh my…!
J_Gocht on September 15, 2008 at 12:22 PM
John McCain: economy is ’still strong’
MB4 on September 15, 2008 at 12:25 PM
The Round Mound of Sound is having a cow today.
He’s ranting about McCain and Palin emphasizing the need for more reform and regulation of the Wall Street bankers.
I wonder if he’s seen Mc’s latest ad?
Wish I had Rush 24/7; it might be possible to see if he’s actually frothing or just drooling from his mouth…?
Easy there, big boye; that much animus can be hard on your old ticker…!
J_Gocht on September 15, 2008 at 12:34 PM
And, while the Obama camp still tries to think up a response… here’s round 2.
Note the adroit blending of pro-America with pro-American worker. Note the jujitsu on the “fundamentals are strong” line that Obama has repeatedly attacked…
Awesome.
ClintACK on September 15, 2008 at 12:46 PM
Manipulation:
Obama’s mentor-in-chief:
Soros is famously known for “breaking the Bank of England” on Black Wednesday in 1992.
He admitted that his actions had benefited no one but himself
Insider trading conviction of Soros is upheld
Connie on September 15, 2008 at 12:46 PM
I wish they’d get rid of the breathy voiced woman who does the voice overs.
Nothing against a fem announcer, but I can hardly understand what she says and her tone is apologetic, not demonstrative.
Labamigo on September 15, 2008 at 12:47 PM
So Andrew Cuomo is the no count father of twins…
Who I ask than; have been the doting step parents responsible for providing the succulence and raising the little unruly brats for the last eight years?
Could the familial name start with a [B] and end with an [h]…?
Nah; no chance of that…!
J_Gocht on September 15, 2008 at 12:53 PM
Hey MB4, watch this video.
You see what’s going on here? Why, yes, yes you do. Try harder MB4, you might yet succeed here.
wise_man on September 15, 2008 at 12:55 PM
Oh wizened one, if you listen carefully to the Saint; it sounds to me like he’s on both sides of the economy issue in the same paragraph.
His memory can’t be that bad can it?
Listen to him again, carefully; first it sounds really, really bad and then it’s the strongest in our history…?
Huh…?
J_Gocht on September 15, 2008 at 1:08 PM
Like Senator McCain & Governor Palin, most Americans celebrate good news for America and try to solve our problems. Liberals, however, celebrate bad news for America and merely try to exploit it for political gain.
Loxodonta on September 15, 2008 at 1:10 PM
The fundamentals of our economy are strong.
- John McCain
Hello. Knock, knock, is anybody home, Mr. John McClueless?
If the fundamentals of our economy were strong what is now happening would not be happening. And we are probably only seeing the tip of the iceberg.
MB4 on September 15, 2008 at 1:13 PM
Who is “the saint?”
wise_man on September 15, 2008 at 1:13 PM
Yes. You are absolutely right. It’s all doom and gloom. We are all going to die. Unless Obama is elected, then we’ll be just fine. You’re doing aheckofajoerb, MB4.
wise_man on September 15, 2008 at 1:14 PM
I don’t see this celebrating. Where is it? Is there a celebratory party going on somewhere? Is there free food and drink there?
MB4 on September 15, 2008 at 1:18 PM
There’s lots of koolaid for you there, MB4.
wise_man on September 15, 2008 at 1:20 PM
Who said we were all going to die unless Obama is elected? I thought that we were all going to die if Obama was elected.
MB4 on September 15, 2008 at 1:20 PM
I will bow to your expertise on the McKoolaid. Frankly I don’t much care for it myself.
MB4 on September 15, 2008 at 1:21 PM
Conservatives want Americans to have the resources to buy our own food & drink, and the choice about what to buy. Liberals want “free” government handouts, chosen by bureaucrats.
Loxodonta on September 15, 2008 at 1:27 PM
Yeah, I know, you like to ingest other fluids from the Obama camp.
wise_man on September 15, 2008 at 1:27 PM
You know; the two best buds for life…?
BBFL
Saint John McCain and Holy Joe Libermann.
J_Gocht on September 15, 2008 at 1:33 PM
I think that you have just outed yourself.
MB4 on September 15, 2008 at 1:33 PM
BTW, wizz_man, if I am a liberal, then your hero John McCain is a far liberal.
MB4 on September 15, 2008 at 1:34 PM
You’re a liberal? Wow. I didn’t know that MB4.
wise_man on September 15, 2008 at 1:35 PM
You really must do something to improve your reading comprehension as it is atrocious. Now don’t waste any more of my time.
MB4 on September 15, 2008 at 1:38 PM
While it is true that we are in a recession for months (6 to be precise) before a recession can be called, there are definite signs before the 6 month window has passed.
And not a single one of those signs was present. Which is something that a person who knows something about economics would know.
MarkTheGreat on September 15, 2008 at 1:40 PM
My reading comprehension shows that you want McCain to fail, and Obama to win. Please, clue me in on the fact that you actually want the democrat to lose. If that’s the case.
wise_man on September 15, 2008 at 1:40 PM
Loxo_ there’s only one thing more fun than partisan politics and that’s sex…!
I actually enjoy both at my advanced age; and I’m even thinkin’ sex more than politics…!
J_Gocht on September 15, 2008 at 1:41 PM
Do you have a point? That deflator would reduce the growth rate to 2.1%. While not gangbusters, it is growth, not recession.
MarkTheGreat on September 15, 2008 at 1:45 PM
Hey, Captain, looks like McCain and Palin’s team were listening to you. I thought I’d read some attaboy from you about how they’re back on the attack and aiming at Obama’s inexperience and lack of leadership. This ad was case in point.
If McCain-Palin had led off the week with another “lipstick response,” you’d be shouting at them to get back on message!
Don’t be so humble, my Captain. And keep giving good advice, because this ad is a great one.
bonnie_ on September 15, 2008 at 1:46 PM
You should be the last one to go around calling others clueless.
The fundamentals are strong. That you want to believe that it’s all going to end, doesn’t change anything.
MarkTheGreat on September 15, 2008 at 1:48 PM
Senator Obama comments on Senator McCain’s [then] chief economic adviser Phil Gramm’s “mental recession”…!
J_Gocht on September 15, 2008 at 1:52 PM
http://sweetness-light.com/archive/palin-regulatory-system-needs-complete-overhaul
Mr. Wednesday Night on September 15, 2008 at 2:03 PM
The fundamentals of the economy are not strong. If they were what is happening now, which may well be the tip of the iceberg (think AIG), would not be happening. Don’t be surprised if even McCain tries to “rework” what he said.
Where in the hell did you get that i believe “that it’s all going to end”? Answer – nowhere, you just made it up.
MB4 on September 15, 2008 at 2:15 PM
That’s the Palin speech in Colorado; that bundled up the Round Mound of Sound’s underwear earlier today..!
He went on ranting about McCain and Palin emphasizing the need for more reform and regulation of the Wall Street bankers.
Not very pretty; I might say.
J_Gocht on September 15, 2008 at 2:16 PM
All sorts of signs of economic trouble have been present for a long time now. Only a economically blind man would not have seen them.
MB4 on September 15, 2008 at 2:19 PM
Wrong. If the inflation deflater that they used was indeed 1.2%, then that is what they subtracted to get the 3.3%
MB4 on September 15, 2008 at 2:24 PM
Listen to MB4!!! we’re all gonna die! The economy is teetering on collapse. ready for the soup lines worse than the great depression. John McCain thinks that everything is A-OKAY! and he’s clueless! Strange, that’s exactly the same thing the obama supporters are claiming as well.
wise_man on September 15, 2008 at 2:27 PM
Your reading comprehension is beyond atrocious. You are definitely in a mental
recessiondepression. Now stop annoying me with your drivel. Go bother someone else flea_man.MB4 on September 15, 2008 at 2:32 PM
So if we elect an economically blind man, such as McCain – are we going to plunge into chaos, MB4? What about the economically gifted wizzard, Obama. Will he save us all?
wise_man on September 15, 2008 at 2:38 PM
You know Governor Palin actually reminds me of Bush and Cheney in one rather disturbing manner.
It is something my Momma told me never to do.
Can you guess what it is…?
J_Gocht on September 15, 2008 at 2:38 PM
Anyone else HATE the announcer’s voice?
Xolom on September 15, 2008 at 3:37 PM
No. It’s just you.
wise_man on September 15, 2008 at 9:25 PM
I like the ad. Reformation becomes the nuevo theme, changing change.
Mojave Mark on September 16, 2008 at 1:35 AM
Am I the only one who thought the background music was “ominous” all the way through? Sounded like an attack ad the entire time.
Kudos to Team-McCain for straightening that marketing-ship around. They still won’t get my vote, but it’s nice to see that they’re not flailing about wildly anymore.
Ludwig on September 16, 2008 at 2:23 PM
Comment pages: « Previous 1 2