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Debate #1 wrap-up; Update: Kissinger repudiates Obama

posted at 11:06 pm on September 26, 2008 by Ed Morrissey
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Given the uncertainty surrounding the presidential debate tonight, I wasn’t sure exactly what to expect.  Both Barack Obama and John McCain have had to fly more than they expected in the last couple of days, and neither got a chance to focus on preparation, at least not to the extent they planned.  I figured we’d see at least one major gaffe or breakdown from one of the candidates, and honestly, I wasn’t looking forward to seeing it.

However, I think both men did better than I expected.  Neither seemed to show any effects from the hectic pace of the past week, and both appeared ready and relaxed at the start of tonight’s debate.  I’d also include Jim Lehrer in that description, even though he had to rewrite part of his script to accommodate the economic crisis.  Lehrer gave the debate a light touch as moderator, allowing the candidates plenty of space to talk and encouraging dialogue rather than speechmaking.  It was perhaps one of the best presidential debates I’ve seen in this cycle, maybe the best.

With that said, McCain clearly got the best of Obama tonight.  After a shaky couple of minutes to start the first question, McCain jabbed at Obama all night long — and he got Obama obviously flustered.  While McCain kept his equanimity and never raised his tone or pitch, Obama got visibly upset, his voice pitched higher when responding to McCain, and Obama interrupted more.  Obama also kept calling McCain “John” while McCain used the more proper “Senator Obama”, a difference that grated as the evening wore on.

Substantially, McCain also bested Obama on both economics and foreign policy.  On the former, it was most apparent when Lehrer asked both candidates what they would cut as President after the bailout package passes.  Obama could not bring himself to commit to one single cut, and instead talked about all of the funding he wanted to create for pet programs.  McCain noted that he has long championed spending reductions and proposed a spending freeze on all but the most vital programs.  When challenged on this point, Obama refused to say whether he would accept a freeze.

I did have a moment of frustration with McCain on the first question, a round I think Obama won.  He never challenged Obama’s assumptions that the current credit crisis came from too little regulation.  I kept expecting McCain to talk about the disaster of the Community Reinvestment Act, and the mandates from Congress that Fannie Mae and Freddie Mac encourage bad lending by buying up bad paper.  Instead, he tried to out-populist Obama, and Obama sounds more authentic as a populist.

On foreign policy, Obama did better than expected, but still fell short.  I think his response on the decision to go into Iraq was quite good (even if I disagree with it), but he kept trying to argue that he didn’t demand a precipitous withdrawal in 2007 when the record clearly shows he did — and he beat Hillary to death with it in the primaries.  McCain drew blood when he pointed out that for all of Obama’s talk about the priority of Afghanistan, he never once bothered to visit that front until last July, even though his Senate subcommittee has jurisdiction on NATO issues.  Obama spluttered in response but never did explain why such an important theater wasn’t worth a single visit from him.

On Georgia, Russia, and eastern Europe, McCain proved himself the master of detailed foreign-policy thinking.  While Obama talked briefly about the potential for NATO membership for Georgia and Ukraine and pledged to “rebuild Georgia’s economy”, McCain explained the geopolitical realities of the entire region, and Russia’s intentions for it.

If Obama expected the old man to be too tired to debate properly, he is surely disappointed tonight.  McCain kept Obama on defense all night long, made Obama lose his composure, and maintained his own in a very presidential performance.  This one is a clear win for McCain.

Update: Obama tried to twist out of the “no preconditions” statement by claiming that Henry Kissinger supported it.  McCain openly scoffed at the notion, and for good reason — Kissinger didn’t say it:

Henry Kissinger believes Barack Obama misstated his views on diplomacy with US adversaries and is not happy about being mischaracterized. He says: “Senator McCain is right. I would not recommend the next President of the United States engage in talks with Iran at the Presidential level. My views on this issue are entirely compatible with the views of my friend Senator John McCain. We do not agree on everything, but we do agree that any negotiations with Iran must be geared to reality.”

Either Obama lied, or he’s too inexperienced to understand what Kissinger said and actually meant.

One more point about Obama’s obfuscations about “preparations” as opposed to “preconditions”: he originally said that he would meet with Ahmadinejad, Castro, Kim, and Chavez in his first year in office:

QUESTION: In 1982, Anwar Sadat traveled to Israel, a trip that resulted in a peace agreement that has lasted ever since.

In the spirit of that type of bold leadership, would you be willing to meet separately, without precondition, during the first year of your administration, in Washington or anywhere else, with the leaders of Iran, Syria, Venezuela, Cuba and North Korea, in order to bridge the gap that divides our countries?

COOPER: I should also point out that Stephen is in the crowd tonight.

Senator Obama?

OBAMA: I would. And the reason is this, that the notion that somehow not talking to countries is punishment to them — which has been the guiding diplomatic principle of this administration — is ridiculous.

How much “preparation” time would he have?


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Why does anyone listen to the Luntz group? I have never even heard of these people, who cares what they say?

Terrye on September 27, 2008 at 12:02 AM

Because we have to power through it to get back to Hume:)

Spirit of 1776 on September 27, 2008 at 12:06 AM

And you’re a brain impaired idiot if you believe that.

Same for you sheep, baaaa….

paulsur on September 27, 2008 at 12:06 AM

paulsur on September 26, 2008 at 11:59 PM

From those of us who pee standing up to you and Thacker who have to squat, Thbbbbbbbbbpppppttttt..

AubieJon on September 27, 2008 at 12:06 AM

I thought McCain was remarkably passive and avoided really obvious counter-punches in discussions about the bailout/economy and got stronger and stronger once the discussion shifted to foreign policy.

This frustrated me at first, but what I am now wondering is if McCain is playing chess, letting Obama speak now with some foreknowledge(?) of things to come with the emergency bill.

Pianobuff on September 27, 2008 at 12:06 AM

Hi AprilOrit!

Saltysam on September 27, 2008 at 12:07 AM

Either Obama lied, or he’s too inexperienced to understand what Kissinger said and actually meant.

I vote for both.

BacaDog on September 27, 2008 at 12:07 AM

WOW…. you can hear the crowd go “UGH” when he says “i’ve got a bracelet too”

battleoflepanto1571

Yes. Especially the part where he couldn’t remember the soldier’s name.

I really think he lost every single veteran’s family with that. The point of the bracelet is to remember the fallen. Either he’s never thought about the guy because he never thinks about him, or worse he just got the bracelet in the last couple of days specifically as a prop for the debate.

Atrocious.

ClintACK on September 27, 2008 at 12:07 AM

paulsur on September 27, 2008 at 12:04 AM

I take back what I said earlier. I mean to say is: “Please go back to fellating RonPaul..looks like his blimp is about to go into orbit.”

ManlyRash on September 27, 2008 at 12:07 AM

paulsur on September 27, 2008 at 12:04 AM

sheeeeshhhhhhhhhhhhhhh….ok…with that I’m gonna call it a night and go charge John Bell Hood’s Texans up that little rise Chamberlain holds.

Nite all.

Enjoy the cuss fest.

Limerick on September 27, 2008 at 12:07 AM

McCain defended his tax policy horribly. There are so many things wrong with Obama’s and he completely missed out.

V15J on September 27, 2008 at 12:07 AM

I heard the first forty minutes of this Presidential debate on the radio, while driving on our way home from Houston… only to face the worst stomach episode of my pregnancy.

OK, all kidding aside… I did get sick on the road back.

But I did notice something tonight, which many of us here must be thinking in secret. And here it is: “Does Barack Obama think we were born yesterday?!?”

He pretends to know about military strategy, when his answers, however well-spoken, cannot mask enough the fact that he does not have a clue about it. Or much of foreign policy, for that matter. (Do they teach military history at Harvard anymore? Or Columbia? I wonder…)

And here’s the part that just had me screaming back at the radio, in the midst of my pain, and to the annoyance of my husband and toddler: why was he saying that he disagreed with the Iraq war six years ago? At that time, as far as I know, he was still in the Illinois Legislature!!! Does he think we’re not going to verify his statement here, and find out that he wasn’t even part of the “should we go or not?” debate in the first place? What the heck does he think we are?

newton on September 27, 2008 at 12:07 AM

Notice how all through this debate,

Obama kept connecting,the neverending ‘talkin point’
“8 years of Bushs failed policies”!

This is one of Obama’s,and Liberal Party campaign
tactic that there banking on!!

canopfor on September 27, 2008 at 12:07 AM

obladioblada:

No kidding, it was downright distracting. I had trouble watching it, the man was making me nervous. I wanted to tell him to stand still and get a grip.

Terrye on September 27, 2008 at 12:08 AM

On the Economy, McCain came across much weaker than I would have liked — but there’s a reason.

He couldn’t come out swinging wildly at the Democrats (”I will make them famous, you will know their names!”) — YET. We need to get the deal done, stabilize the situation, and THEN is the time to discuss blame and repercussions.

I still think there’s a good chance he knocks that one out of the park in the next debate —- after the deal is done, after the markets react, after everyone acknowledges that we’ve dodged a bullet.

To go on the attack about that now wouldn’t be putting Country First.

ClintACK on September 26, 2008 at 11:53 PM

Good point. My suggestion then is a little premature on nailing him on his support for the Bush plan.

Sapwolf on September 27, 2008 at 12:08 AM

Same for you sheep, baaaa….

paulsur on September 27, 2008 at 12:06 AM

You can stick it in your ear, or the orifice of your choice. And I would suspect that you have an intimate knowledge of sheep.

rplat on September 27, 2008 at 12:08 AM

… when the lady said MCCAIN STUTTERED and OBAMA DIDNT i turned off fox

JOKE!

battleoflepanto1571 on September 26, 2008 at 11:15 PM

You have to understand that these were genuine independents. Some are independents just because they are not tuned in until the last week. This poor, dear lady was just confused. She thought McCain was the black dude.

Yoop on September 27, 2008 at 12:08 AM

Buzz off.

ManlyRash on September 27, 2008 at 12:05 AM

Well, I guess I could buzz off or perhaps you could clean up your language. Or you could use your email to carry on with Thacker.

bloggless on September 27, 2008 at 12:08 AM

From those of us who pee standing up to you and Thacker who have to squat, Thbbbbbbbbbpppppttttt..

Another sheep. Guess what you really don’t have to vote for a liberal republican or socialist democrat, we have a democracy in this country, even though you have been brainwashed into thinking these are you only choices.

paulsur on September 27, 2008 at 12:09 AM

Now it’s time to cross our fingers and hope Palin’s performance is more like her speeches and less like her interviews. I love the woman; I think she has character and spunk, but she’s too unseasoned to fight off the media jackals.

I think even Huckabites, deep down, regret not having Mitt Romney’s presence on the Republican ticket, especially considering the economy’s current state. I know Mitt isn’t as exciting as Sarah, but given a choice between only those two, who would you rather have in the fray right now?

Afghan whig on September 27, 2008 at 12:09 AM

V15J on September 27, 2008 at 12:07 AM

I must agree.

Saltysam on September 27, 2008 at 12:09 AM

Sarah in Pennsylvania watching debate. Yay

SouthernGent on September 27, 2008 at 12:10 AM

But McCain had the opportunity (about 6 minutes total) to present his plan for the bailout and get people to support him and his plan. He did not.

That was unfortunate.

lorien1973 on September 26, 2008 at 11:55 PM

I’m not sure he did. The negotiation is ongoing. He needs to be able to rally support behind whatever the parties in D.C. agree on.

On the other hand, I definitely would have liked to hear him at least generally point out what was so wrong about the bill that the House GOP was rebelling against. He could have ticked off a few general problems and sketched out a general theme of why he had to go there and get the GOP’s complaints taken seriously.

But, still, plenty of time to apportion blame and credit when the real work is done.

I have trouble criticizing him for being a bigger man when his character is what I really like about him. God knows, I don’t agree with his positions on all the issues…

ClintACK on September 27, 2008 at 12:11 AM

One thing I loved about McCain is when it was mentioned that you would get a $5,000 tax CREDIT to shop for your own medical insurance. I just switched from employee to contractor and I would love to have that credit to get insurance for me and my son tailored to our need at this time. If I was an employee I could be taxed for my medical under McCain’s plan or opt out and shop for something that is better for my family’s situation.

Sapwolf on September 27, 2008 at 12:11 AM

I thought McCain held back on the economy. It would have been easy for McCain to blast Obama, Dodd and Frank on Freddie and Fannie. Why didn’t he?

Because Country First. A deal needs to be made. This weekend. Such an attack would not help.

Mr. Joe on September 27, 2008 at 12:11 AM

You can stick it in your ear, or the orifice of your choice. And I would suspect that you have an intimate knowledge of sheep.

I would agree with you on this. The sheep are all around me. they feel they have no choice but to vote for a liberal republican to stop a marxist democrat.
There are alot of this kind of sheep posting here, baaaaa!

paulsur on September 27, 2008 at 12:11 AM

McCain would have done MUCH better if he had highlighted the Community Reinvestment Act and the role of the Democratic Party in causing our financial crisis with Fannie and Freddie. He should have nailed Barney Frank, Chris Dodd and the donations to Obama from Fannie and Freddie. He should have gone back to the damage the Carter and Clinton did to America in the mortgage crisis. He needs to take the F****** gloves off, name names and give us the straight talk!!!

Star20 on September 26, 2008 at 11:28 PM

I think McCain is looking ahead to the consequences of blasting the Democrats before Congress agrees on an economic deal. McCain knows that if he starts insulting the Democrat participants in the debate, no matter how much they deserve it, he’ll never get their cooperation: this is something Obama hasn’t learned (and the reason Obama blew up the negotiations at the White House yesterday when the Dems let him lead their side).

I agree that this is not the best political strategy, but it is vintage McCain: he wants an economic fix, and he’s willing to sacrifice the opportunity to score points in the debates in order to get it. He’s hoping that the electorate will later, upon reflection, get it: America First.

McCain will let his surrogates and supporters explain who caused the economic crisis. But watch him maneuver Obama into throwing more little un-Presidential fits in front of the camera in future debates.

Did you hear McCain say several times that Obama didn’t understand the difference between strategy and tactics? Look for the old warrior to give him a lesson in future debates: the kid just didn’t get the Veteran’s clear warning.

landlines on September 27, 2008 at 12:12 AM

paulsur on September 27, 2008 at 12:09 AM

That’s like saying, you don’t have to drive a car or hitchike. All you have to do is sit in this chair and pretend you’re travelling.

Saltysam on September 27, 2008 at 12:12 AM

paulsur on September 27, 2008 at 12:09 AM

You obviously don’t realize that bandwidth is precious and therefore shouldn’t be wasted by the likes of someone of your low self esteem.

P.S. You IQ test came back – It was negative.

AubieJon on September 27, 2008 at 12:12 AM

That’s like saying, you don’t have to drive a car or hitchike. All you have to do is sit in this chair and pretend you’re travelling.

Saltysam on September 27, 2008 at 12:12 AM

I will never vote for a republicrat, it is a vote for the same ole shit.

Barr/Root 08

paulsur on September 27, 2008 at 12:13 AM

UPDATE on top:

Henry Kissinger believes Barack Obama misstated his views on diplomacy with US adversaries and is not happy about being mischaracterized.

Yes!

Loxodonta on September 27, 2008 at 12:13 AM

How hard does the media need to work to explain away the braclet gaff.

“Why are conservatives across this country trying to make political points and lie that Senator Obama couldn’t remember ole whats his names name. Of course he knew it. He is just so much more thoughtful than Senator McCain. He always gives the Sergeant a moment of silence before he utters his name.” Seriously, how careless to that NCOs memory. ANd you know what? I’ve seen that man (Obama) in a bunch of sleeves up forums and never saw that braclet before.

hawkdriver on September 27, 2008 at 12:14 AM

Sapwolf:

From what I hear Bush is willing to accept anything they bring him if it gets the job done. I don’t think that was McCain’s problem. In fact there is some progress on the Cantor/Paulson plan I read earlier.

I think McCain and maybe even Obama did not want to get into any details about a plan that is not yet been worked out.

Terrye on September 27, 2008 at 12:14 AM

I’m not sure he did. The negotiation is ongoing. He needs to be able to rally support behind whatever the parties in D.C. agree on.

Agreed. Initially I was thinking, c’mon John but I think he’s staying quiet for now so:

1) He can’t be accused of being a demagogue
2) He can hold his cards for whatever twists or turns the bill takes (or he anticipates). Not as worried now….

Pianobuff on September 27, 2008 at 12:14 AM

ThackerAgency on September 26, 2008 at 11:55 PM

I understand that you are not happy with your choices, so don’t vote for the President. The tactic you employ now just gets insults thrown your way. But that’s what you want isn’t it?

Cindy Munford on September 27, 2008 at 12:15 AM

“Barr/Root 08

paulsur on September 27, 2008 at 12:13 AM”

So, you’re hugging a root?

hawkdriver on September 27, 2008 at 12:15 AM

paulsur on September 27, 2008 at 12:13 AM

Whatever…*rolls eyes*

Saltysam on September 27, 2008 at 12:15 AM

Now it’s time to cross our fingers and hope Palin’s performance is more like her speeches and less like her interviews. I love the woman; I think she has character and spunk, but she’s too unseasoned to fight off the media jackals.

I thought she did fine on the interviews, but she did seem uncomfortable with the liberal schoolmarmish interviewers sitting two feet away from her, as would anybody. She seems much more comfortable on stage, and she was fantastic at the Republican Convention.

Obama really bombed out tonight, with that bracelet issue, the “children of the world,” and his flat out lie about Kissenger.

Gabe on September 27, 2008 at 12:15 AM

hawkdriver on September 27, 2008 at 12:14 AM

LEt’s all look for recent pictures of BO and see if he is wearing what’s his name’s braclet.

bloggless on September 27, 2008 at 12:15 AM

I will never vote for a republicrat, it is a vote for the same ole shit.

Barr/Root 08

paulsur on September 27, 2008 at 12:13 AM

Baa weep grana weep ninibong?

fiatboomer on September 27, 2008 at 12:16 AM

paulsur on September 27, 2008 at 12:11 AM</blockquote
One person can’t be that stupid. You must be twins. It has nothing to do w/ brainwashing. There ARE only two choices. All realists know this. There will never? be a viable third party candidate…and I consider myself a libertarian.

davenp35 on September 27, 2008 at 12:16 AM

P.S. You IQ test came back – It was negative.
AubieJon on September 27, 2008 at 12:12 AM

I suppose you think we gotta socialize the banking system to save it as well. That is what your heore McLiberal wants to do, the bi-partisan way!

Bi-partisan = willing to scarifice idealogy for popularity.

paulsur on September 27, 2008 at 12:16 AM

UPDATE on top:

Henry Kissinger believes Barack Obama misstated his views on diplomacy with US adversaries and is not happy about being mischaracterized.
Yes!

Loxodonta on September 27, 2008 at 12:13 AM

Time for the MSM to go on it’s “Kissengers Senile” rampage.

hawkdriver on September 27, 2008 at 12:16 AM

Politico’s Roger Simon apparently didn’t get the memo about Obama’s triumph. He called it McCain’s best performance ever.

This is the same Roger Simon who has not been nice to Republicans and carried a grudge against Teh Fred.

Terrie on September 27, 2008 at 12:18 AM

Screaming,Pregnant,and sick,and trying to get home!

newton on Sept 27,2008 at 12:07AM.

newton: I hope you feel better,and ya your right,Hopey
gave no specifics,compared to Maverick,who gave
more in-depth answers!

IRAQ: If Hopey thinks the situation in Afghanistan
is that dire,why isn’t he screamin for the
troops to immediately bug out and re-deploy
to Afghanistan!

If Afghanistan is in dire straights,why aren’t
my fellow Canadians screaming for American
support!

And,I clearly get the sense,that Obama wants
to invade and smack Puck-i-stan!!

How about Iran,first!!!!!

canopfor on September 27, 2008 at 12:18 AM

paulsur on September 27, 2008 at 12:11 AM</blockquote
One person can’t be that stupid. You must be twins. It has nothing to do w/ brainwashing. There ARE only two choices. All realists know this. There will never? be a viable third party candidate…and I consider myself a libertarian.
davenp35 on September 27, 2008 at 12:16 AM

Two choices? You mean the two that were chosen for you sheep?
The liberal republican or the stalinist democrat? What’s the difference?

paulsur on September 27, 2008 at 12:18 AM

I know Mitt isn’t as exciting as Sarah, but given a choice between only those two, who would you rather have in the fray right now?

Afghan whig on September 27, 2008 at 12:09 AM

I’m sorry, but you’re not thinking it through.

If Romney were on the ticket, Obama would be up twenty points right now. Americans know that something scary is happening in the financial sector of the economy. That Wall Street greed has put our homes and bank accounts at risk. It’s the fault of those greedy investment bankers.

(Never mind that this is totally inaccurate, it’s still the current perception of things.)

Obama could paint Romney into that picture with a raised eyebrow alone.

It would be a disaster.

Totally unfair, but when has that ever mattered.

ClintACK on September 27, 2008 at 12:18 AM

It’s after midnight, I am pumpkinized talk to you sheep later.

paulsur on September 27, 2008 at 12:19 AM

In scoring a political debate, you have to understand that there are different kinds of “victories.” You can come off better, but lose on points, but that’s only a big win if the points don’t matter. If the election is a beauty contest, then the guy who looks better in the debate is going to help himself as much as the girl who looks best in a swimsuit does at Miss Universe. Likewise, when people grade the debate, they tend to grade it on a curve. That’s especially true of political junkies, and, in a different way, of undecideds.

What really makes a difference over time, absent a major pratfall, is whose positions really move the electorate, regardless of who won the debate on style, or who presented his arguments most smoothly. Often, the difference is encapsulated in a phrase or two that may not be widely identified as important in the first days after the debate.

At the very worst for McCain, the doubts about Obama’s readiness and wisdom remain alive. Any doubts about McCain’s vigor have been lessened. McCain will still have to win the election, if he’s going to win it, by reinforcing his appeal on the issues on which he’s not expected to win. The expectations will be completely reversed when the focus is the economy, and they’ll be up for grabs in the townhall debate.

CK MacLeod on September 27, 2008 at 12:19 AM

Henry Kissinger believes Barack Obama misstated his views on diplomacy with US adversaries and is not happy about being mischaracterized.

Yes!

Loxodonta on September 27, 2008 at 12:13 AM

If this is true, it will cost.

Kissinger, rightly or wrongly, is the gold standard for diplomacy branding.

Saltysam on September 27, 2008 at 12:20 AM

hawkdriver on September 27, 2008 at 12:14 AM

you’re right. He loves to roll up his sleeves, and has a fancy watch, but no KIA bracelet

skid driver?

Janos Hunyadi on September 27, 2008 at 12:20 AM

After a bill is passed (assuming it will be), someone should run an ad of Obama’s debate comments laying blame for the situation and remind the voters that this isn’t good leadership in the middle of sensitive negotiations. Who knows, maybe the ad is already made awaiting another day to run.

Pianobuff on September 27, 2008 at 12:20 AM

newton on September 27, 2008 at 12:07 AM But I did notice something tonight, which many of us here must be thinking in secret. And here it is: “Does Barack Obama think we were born yesterday?!?”

Yes! He sounds like a smart student answering an essay test. How many of us have either BSed are way through one and/or had the pleasure of grading those papers? (”I have a –insert degree here– and I’m really smart, I’m capable of managing the economy and leading an armed conflict. My professors talked about that all the time and I did the required reading.”)

Obama is the voice of of a bright kid trying to figure out what the professor wants him to regurgitate. McCain is the voice of experience.

obladioblada on September 27, 2008 at 12:20 AM

paulsur on September 27, 2008 at 12:16 AM

So you’ve read the Republicans’ ideas for what they want this “bailout” to be. Lucky you. And you know for a fact that if the Republican version of whatever bill gets passed, it will amount to socialization of the banking system. Oh, to be as astute and clever as you.

Go hug your root.

AubieJon on September 27, 2008 at 12:20 AM

I see the Ron Paul-tards are out in force tonight. Same old, same old. There’s a reason Ron Paul failed to gain traction in the primaries and his followers only serve to reinforce that.

Gilda on September 27, 2008 at 12:21 AM

canopfer:

Yes, that will be their tact. Blame Bush. It is the default. Even though the US had a pretty damn good economy for most of the years Bush was president. Even though Democrats controlled one or both Houses for about 4 years of his tenure in office and even though the deficit, the unemployment rate, the price of gas and the price of oil have all gone up since Nancy Pelosi took office a couple of years ago.

Bush has had to deal with a lot of bad stuff in his second term and not all of it was just a result of his own policies either.

Terrye on September 27, 2008 at 12:21 AM

So you’ve read the Republicans’ ideas for what they want this “bailout” to be. Lucky you. And you know for a fact that if the Republican version of whatever bill gets passed, it will amount to socialization of the banking system. Oh, to be as astute and clever as you.

Go hug your root.

AubieJon on September 27, 2008 at 12:20 AM

Dear Paul:

Over the last few months – and culminating in the failure of a number of financial companies last week – our economy has been experiencing a crisis created by the underwriting of loans that borrowers could not repay and the unchecked spreading of this risk across the entire financial system.

The Administration’s response to this crisis came last weekend in the form of a three-page proposal from Treasury Secretary Henry Paulson asking Congress for unlimited authority over $700 billion to buy this bad debt at taxpayer expense. Unsurprisingly, this proposal was met by stiff resistance – especially by me and my Republican colleagues in the House of Representatives who believe in smaller government and limiting taxpayer exposure.

Since its initial proposal, the press has widely reported that House Financial Services Committee Chairman Barney Frank and Senate Banking Chairman Chris Dodd have negotiated a number of changes with the Administration intended to shore up liberal support, including tax increases and giving judges new authorities that would drive up costs for homeowners who play by the rules and pay their mortgages on time.

In response, House Republicans have offered their own counter-proposal to the constantly-evolving compromise between the Administration and Democrat Leadership. The Republican proposal would insure mortgage-backed securities through the payment of insurance premiums instead of providing taxpayer-funded purchases of frozen mortgage assets as the current proposal would do. At the end of this email please find a broad outline of this Republican economic rescue plan for your review.

This proposal also includes measures to increase transparency and prevent Wall Street Executives from benefiting from taxpayer funding, as well as measures that would increase private capital involvement in the recovery and reduce taxpayer exposure while addressing the underlying issues creating the crisis in our capital markets.

As negotiations over this unfinished package proceed, I will continue to insist on the inclusion of the following principles in the final package:

- Reforming the market failures that allowed this crisis to happen;

- Protecting taxpayer assets;

- Preventing executives from personally benefiting from private sector failure, and;

- Encouraging private capital to fix the underlying problems in order to limit taxpayer exposure.

As your Congressman, I take my responsibility to the taxpayer very seriously. Rest assured that before I vote on the final proposal (whatever form it takes), I will seriously consider your comments and put the best interests of taxpayers and homeowners who play by the rules first. If you have any questions or comments that you would like to share, feel free to contact my Chief of Staff Guy Harrison or Deputy Chief of Staff Josh Saltzman at 202.225.2231.

Sincerely,

Pete Sessions

Member of Congress

paulsur on September 27, 2008 at 12:22 AM

Now it’s time to cross our fingers and hope Palin’s performance is more like her speeches and less like her interviews. I love the woman; I think she has character and spunk, but she’s too unseasoned to fight off the media jackals.

I think even Huckabites, deep down, regret not having Mitt Romney’s presence on the Republican ticket, especially considering the economy’s current state. I know Mitt isn’t as exciting as Sarah, but given a choice between only those two, who would you rather have in the fray right now?

Afghan whig on September 27, 2008 at 12:09 AM

Yes, BUT McCain’s problem is lack of excitement and problems with the support from the base. He had to address that and he did picking Palin. Who could have anticipated though that Rick Davis and McCain would completely botch how to integrate her into the campaign and play to her strengths.

Yes, Mitt would have been better on economic issues, but nobody, including myself saw the mortgage bubble bursting before Nov. 4th. That bursting is really hammering McCain so far because the incumbent party gets blamed by any economic problems.

This is an uphill fight. There is no silver bullet to win this easily. We ALL knew the Republican candidate would be at an extreme disadvantage due to the dislike of the current administration and the rabid MSM championing Obama.

Hang tough. Obama just doesn’t have the experience yet and it may show up in the next month.

Also, the bailout plan that ultimately goes through will probably help McCain.

And don’t forget Wright, Ayers, Fran/Fred, and other things can be hammered in the last two weeks.

Sapwolf on September 27, 2008 at 12:22 AM

paulsur on September 27, 2008 at 12:19 AM

Don’t forget to send your money to what’s-his-name.

Saltysam on September 27, 2008 at 12:22 AM

McCain’s warm statement about the vets at the end of the debate showed his caring. It was an important humanizing touch. Obama’s ‘me too’ about the bracelets showed his crass insincerity.

scrubjay on September 27, 2008 at 12:24 AM

The tactic you employ now just gets insults thrown your way. But that’s what you want isn’t it?

Cindy Munford on September 27, 2008 at 12:15 AM

I’d prefer an actual intellectual debate. I rarely call people names and I learn by listening and understanding what my debate partner is saying. Manly Rash, Aubie Jon, and Janos Hunyadi are new.

I don’t know them, I don’t really care to because how they conduct themselves won’t help me bring an understanding to things.

I expect to say things that are controversial. But I don’t lie. I won’t say something I don’t believe just to get insults thrown at me. Sometimes I’ll do it to determine why I think how I think. . . sort of convince myself. But it isn’t purposely to aggravate someone else (usually).

ThackerAgency on September 27, 2008 at 12:25 AM

I have to give McCain the edge but I think that he missed a few opportunities:
1. Pointing to the senate bill relating to GSE oversight he co-sponsored with Hagel, Sununu, and Dole in 2006.
2. He should have brought up the five points he described for the bailout at the Clinton Global Initiative on Thursday.
3. Expressing the unrealistic expectation of a ten year goal for energy independence. How can Nobama invest all the money he claims he will, with the additional burden of the bailout he supports.

jarhead05 on September 27, 2008 at 12:25 AM

I actually didn’t think McCain did very well.
But after reading Ed’s analysis and reading Drudge’s polling, I guess didn’t see some of the more finer points of the debate.

In reflection, I guess I panicked. I guess the maverick is less of a horses patoot than I thought.

Kini on September 27, 2008 at 12:26 AM

ThackerAgency on September 27, 2008 at 12:25 AM

Yeah…but your bet response was a loser.

(Not you, your response)

Saltysam on September 27, 2008 at 12:27 AM

Time for the MSM to go on it’s “Kissengers Senile” rampage.

hawkdriver on September 27, 2008 at 12:16 AM

Yes. Kissinger and McCain are so 20th Century, and they are just so old and tired.

But Obama is so 21st Century, and he’s new and fresh!

(Which means that on January 1, he’ll be 8 years old, and he sure acted like a fresh child tonight.)

Loxodonta on September 27, 2008 at 12:27 AM

The Luntz groups always remind me of “Jaywalking” with a host pretending as the host who knows the answers despite those “answers” already being written on the cards in his hands. No Mr. Luntz…. Alex Trebek doesn’t know the capital of Albania is Tirane. It was written next to the A: on the card right below the sentence after the Q: A focus group in such a news setting seems mostly pointless as if they were chanting “Jerry, Jerry, Jerry.”

To me McCain won largely based upon composure, Obambi’s frequent compulsions to interrupt out of turn, Obambi’s numerous “I agree” statements substituted for any knowledgeable commentary, and Obambi inability to answer a direct question without needing several minutes to dance around the perimeter of the question. Obambi’s silly grin and giggle while McCain was somberly responding about veterans, and veteran’s issues made Barack seem childish and out of place. The statement by Obambi that “I’ve got a bracelet, too” was a poor setup to his follow-up. McCain’s closing remark impressed upon me a man who has seen danger and suffering and understands it versus an Obama immersed in the naivete of media coddling and preferential treatment.

RE: Krauthammer. I usually follow and respect Charles’ view on most issues though he give the impression of a visceral grudge against McCain. As a result I have not considered him objective on most of his recent commentary and perhaps bitterness towards McCain. I may disagree with McCain on several issues too but that does not cause me to begrudge him beyond the Gang of 14 incidents. In a choice between McCain and Obama I think Charles’ clearly should be able to see Obama’s incessant compulsion to be noncommittal and verbose as making Obamba dangerous in any position of final responsibility.

viking01 on September 27, 2008 at 12:27 AM

Another sheep. Guess what you really don’t have to vote for a liberal republican or socialist democrat, we have a democracy in this country, even though you have been brainwashed into thinking these are you only choices.

paulsur on September 27, 2008 at 12:09 AM

You certainly have an unusual way of recruiting people to your cause.

Jim Treacher on September 27, 2008 at 12:28 AM

ThackerAgency on September 27, 2008 at 12:25 AM

Yeah…but your bet response was a loser.

(Not you, your response)

Saltysam on September 27, 2008 at 12:27 AM

You think so? I thought that was fun. It’s what you do. Friends do it. Friendly wager. Interesting even. Something you can anticipate and measure. I thought it was a fun idea. Bring life to words.

ThackerAgency on September 27, 2008 at 12:28 AM

Luntz’s group of ‘independent’ voters just amazed me. The first woman he asked about what was surprising said “That McCain looked so old and tired.” Really? Really!? Give me a freaking break.

Queasy on September 27, 2008 at 12:29 AM

God, I would have loved to have been able to rebutt Obama’s contension that Afghanistan was going south. It’s a two war front. (Senator O, you remember what they’re like from your history book, right? Europe, Pacific? The whole WW II)

Where Iraq is improving, the year we were in Afghanistan we did see a slow but more pronounced increase in the combat actions in Afghanistan. But it was more in RC South near Kandahar than in RC East where Obama was saying we’re getting ready to lose. It was attributed I think to the Iranian influent moving East to Afgahnistan becasue Iranian influence in Iraq was getting them no where during the success of the surge. Obama does not get that and McCain does. We are shifting (what we call troops to tasks) manpower appropriately and he talks like it’s still evidence of mishandling the war.

There is a change in dynamics in the two fronts and we need a pragmatist like McCain that will not gash his teeth and wag his freaking finger like OB and make the troop adjustments appropriately.

McCain/Palin 08

hawkdriver on September 27, 2008 at 12:29 AM

Re:Kissinger,Liberals will always shoot their mouths off
first,to hell with accuracy,if you don’t mind,I’m trying
to help your sorry ass,and save the planet,now get the
‘F’ out of the way,I’ve got heart surgey on a baby seal
in Alaska,start a protest to stop the out of control
Moose murders and stop the ice from melting!(Sarc.)

Now thats your Liberal attitude sumed up!!!!!!!!!!!!!!!!

BTW,mark my words,the Media Wing of the Democratic Party,
the ever helpful lying MSM,will spin this,

that Obama,didn’t say what he said about,pre-conditions
of Kissinger recommendations as McCains foreign policy
team!!

canopfor on September 27, 2008 at 12:29 AM

the bet thing wasn’t meant to be ‘hostile’. just interesting.

ThackerAgency on September 27, 2008 at 12:29 AM

Kini on September 27, 2008 at 12:26 AM

I was screaming at the man for the first thirty minutes. I thought many times Obama teed it up and then he just seemed to miss the opportunity.

In the aggregate though, Obama looked like a boy in his knickers after it was over.

Saltysam on September 27, 2008 at 12:30 AM

McCain needs to prepare for the debate on the economy. He needs to educate the voters on the following:

1. Things really started going to hell the last couple of years after the Democrats took over Congress. Unbelievably there are people that think the Congress is controlled by Republicans. (I swear, I saw a poll and the number was frightening.) He needs to emphasize that gas was $2.25/gal, oil was much lower, etc. before these schmucks took over.

2. He cannot say enough about CRA, Fannie/Freddie donations to Dems, and I mean spoon feed it to them so that they have a clear picture of who started this mess.

3. Obama’s claims to reduce taxes for 95% is a lie. Plus, it is only INCOME taxes. The taxes he will implement on capital gains, gasoline, heating fuel et al will more than make up for the slight decrease in income taxes. People need to be reminded that it isn’t just the richy riches that will be hurt by capital gains taxes. This affects their retirement accounts!

4. Evil though they may appear Corporations and businesses must stay strong because they provide something that many people need and that is a J-O-B. I don’t think most people want to see the company THEY work for hindered and punished.

There are probably others but this is what I’ve been thinking about lately. Sorry so long.

mrsmwp on September 27, 2008 at 12:30 AM

Conclusion from the focus group sample:

Obama supporters will lie and call themselves independents.

I’m usually err to giving the benefit of the doubt but hearing what people were the most surprised about (JM waved his hands, JM looked old, etc.) I’m convinced this was stacked.

Pianobuff on September 27, 2008 at 12:30 AM

Saltysam on September 27, 2008 at 12:20 AM
Oh it’s true on NR they have him rebutting it saying yes McCain knows me well and knows I would never have a Pres. sit down in that kind of meeting.

tee866 on September 27, 2008 at 12:30 AM

ThackerAgency on September 27, 2008 at 12:25 AM

I have posted about this before but I to was underwhelmed with Sen. McCain. I really didn’t have anybody I was thrilled with this year. I like the Gov. Palin pick because she is not of D.C. and her choice has made me take a longer look at Sen. McCain. I find a lot to admire in him, both historically and currently and I don’t doubt his sincerity to do what he thinks is the best possible thing for the country. And just like with President Bush, I won’t agree with everything. But it is funny what different things are deal breakers for different people.

Cindy Munford on September 27, 2008 at 12:31 AM

my bad it was the weekly standard not NR

tee866 on September 27, 2008 at 12:32 AM

I have heard Krauthammer say some very critical things about Obama in the past. But lately it seems to me that Krauthammer has been sort of in general contrary.

Terrye on September 27, 2008 at 12:33 AM

Didn’t Katie Couric think she had a “gotcha” with Governor Palin and Dr. Kissinger? I know Couric ended with a “we contacted Sec. Kissinger and he confirmed he would meet without preconditions” (paraphrased heavily).

eforhan on September 27, 2008 at 12:33 AM

Chuckling over the Kissinger comment. What’s the name of the movie where the guy gets Kurt Vonnegut to write an essay on a Kurt Vonnegut novel and then the teacher gives him a poor grade explaining that the guy doesn’t know the first thing about Vonnegut so he fires Kurt.

May have been a Dangerfield flick.

Pianobuff on September 27, 2008 at 12:34 AM

BTW DR.Kissinger is pretty mad bout it too.

tee866 on September 27, 2008 at 12:34 AM

I’d say he lied…

d1carter on September 27, 2008 at 12:34 AM

viking01 on September 27, 2008 at 12:27 AM

I think that Dr. Krauthammer is a Gov. Palin denier. I like him a lot but he is another elite who thinks her unworthy while sitting through a financial disaster that the people he esteems created and promoted.

Cindy Munford on September 27, 2008 at 12:35 AM

He might do it as SOS but not the Pres.

tee866 on September 27, 2008 at 12:35 AM

Cindy Munford on September 27, 2008 at 12:31 AM

I just can’t believe how willfully they all spend our money. 700 billion here, 150 billion there. . . they do it without blinking.

The mere thought that ONE person can say ‘give me 700 billion dollars from the US Treasury’ and isn’t absolutely laughed out of the District is alarming.

All congress does now is vote themselves more power, money, and authority. They continue to mess up more than they fix. I just want a new crop. I don’t know what to do. But the thought of either McCain or Obama for President just seems like rewarding the people who did bad for doing bad and allowing them to continue to do bad.

By ‘bad’ I mean taking more power and spending more of my money.

ThackerAgency on September 27, 2008 at 12:36 AM

ThackerAgency on September 27, 2008 at 12:29 AM

No. A bet is a bet.

He put it on the line, and you backed down. If you were confident in your position, then you would take the bet.

He said forever; you said one week.

What’s the loss in not posting for a week?

Just admit it, you’re not confident in your position, while MR put his entire reputation on the line.

Saltysam on September 27, 2008 at 12:36 AM

Pianobuff on September 27, 2008 at 12:34 AM

Yeah, it was Rodney Dangerfield in back to School. That movie was hillarious.

x-wing on September 27, 2008 at 12:37 AM

What’s the name of the movie where the guy gets Kurt Vonnegut to write an essay on a Kurt Vonnegut novel and then the teacher gives him a poor grade explaining that the guy doesn’t know the first thing about Vonnegut so he fires Kurt.

Back to School. Dangerfield’s best work, IMO.

Jim Treacher on September 27, 2008 at 12:38 AM

hawkdriver on September 27, 2008 at 12:14 AM
you’re right. He loves to roll up his sleeves, and has a fancy watch, but no KIA bracelet

skid driver?

LEt’s all look for recent pictures of BO and see if he is wearing what’s his name’s braclet.

bloggless on September 27, 2008 at 12:15 AM

Janos Hunyadi on September 27, 2008 at 12:20 AM

As much fun as it would be to see if he really wears it, the story wouldn’t get any more traction than his flag lapel pin.

hawkdriver on September 27, 2008 at 12:38 AM

hawkdriver on September 27, 2008 at 12:14 AM
Janos Hunyadi on September 27, 2008 at 12:20 AM

Obama with sleeves rolled up and no KIA bracelet:

CBS2 (LA) 9/9/08

Loxodonta on September 27, 2008 at 12:38 AM

Jim Treacher on September 27, 2008 at 12:38 AM

Throw us a bone before I log off, and give us your take on the debate.

Spirit of 1776 on September 27, 2008 at 12:39 AM

Back to School. Dangerfield’s best work, IMO.

Jim Treacher on September 27, 2008 at 12:38 AM

Thanks for clearing that up. I’m one of those freaks that can’t get to sleep with trivia questions unanswered.

I was about to IMDB Vonnegut but it’s no longer necessary.

Pianobuff on September 27, 2008 at 12:40 AM

McCain really blew it on that first question, he was embarrassingly inept, trying to out Obama Obama.

He let Obama place the blame for something Democrats are mostly responsible for fully on the Republicans.

After that excruciating few minutes, McCain basically mopped the floor with him.

I wasn’t a fan of his climate change comment or a few others but for the most part McCain took it to him.

Obama sounded like he was running for president of Lala Land.

I’m just glad there were no immigration questions…

thecountofincognito on September 27, 2008 at 12:40 AM

I have heard Krauthammer say some very critical things about Obama in the past. But lately it seems to me that Krauthammer has been sort of in general contrary.

Terrye on September 27, 2008 at 12:33 AM

Agree. Frankly, I’ve noticed that trend throughout FOX. There was a time when FOX was a breath of fresh air, but lately they have been emitting a stench reminiscent of the liberal mainstream media. I hope I’m wrong but they appear to be morphing into the “fair and balanced” branch of the liberal mainstream media.

rplat on September 27, 2008 at 12:41 AM

Most of the so-called “conservative” commenters and bloviators are still mad their favorite guy didn’t win in the primaries.

Speedwagon82 on September 27, 2008 at 12:41 AM

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