One On, One Away
This RNC ad could be effective, or it could just sail right by voters panicked by the financial crisis:
This touches on a Geraghty point from a few days back about the presidency being a pyrrhic victory given that it's likely to be dominated by an economic downturn and digging out from under the rubble of the Donk subprime mortgage scandal that caused it. People already looking at the bailout price tag may not be so eager to have to swallow Obamanomics on top of it.
Or viewers already brainwashed to blame the mess on the GOP won't hear a word after "Wall Street Meltdown" but will see the name "Obama" on the screen and swoon in comparative ecstasy. Besides, Barry can always claim, as he has begun to in understated fashion, that he'll defer his trillion smackers in new domestic spending, and then "change his mind" after the election.
Officially fifteen days late comes this McCain ad which finally ads the second leg to the three-legged PR stool that could have won him the election with this issue:
It took five days for McCain to get around to pointing out that Barack Obama has two Donk ex-Fannie Mae CEOs as his top economic advisors. Now, eleven days after that and a full week after it could have made any earthly difference to his election chances, he finally touts his own attempts to rein in the excesses the Democrats were committing, and their "see no evil" blockage of every Republican attempt to put a stop to it. Nice to see the spot mention Obama's conspicuous silence on the matter when he could have made a difference.
But the core of this mess is the Community Reinvestment Program, the Dems' use of the mortgage industry to "privatize" an unfunded mandate for making home ownership an entitlement, and their use of Fannie Mae and Freddie Mac to turn that mound of worthless parchment into a avaricious orgy. This is a DEMOCRAT scandal, a DEMOCRAT disaster, and a DEMOCRAT debacle, and yet no Republican is pointing it out, even as the Dems are smearing them with all the blame for it all. And judging by McCain's notable fade in the polls, that unopposed PR scam is working.
Running for president is a partisan undertaking, Senator. All that ducking "the blame game" has done is get you and your party wrongfully and falsely tarred with culpability for a calamity you tried to prevent. Until you drop this mindless "bipartisanship" fetish and start saying so, you'll continue hurtling toward the defeat it has so richly earned you.
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