John McCain And The Economy: Candidate Must Find Way To Separate From Bush

John McCain And The Economy: Candidate Must Find Way To Separate From Bush

  |   March 18, 2008 08:56 AM


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Excerpted from the LA Times:

Though McCain, Clinton and Obama have talked often about taxes and spending cuts, discussing the tools available to the Federal Reserve to stem financial crises did not appear to be natural terrain for any of them.

On Monday, the three applauded the Fed's weekend move that paved the way for the buyout of Wall Street brokerage Bear Stearns. But none of the candidates offered specific economic policy proposals beyond their past statements addressing the months-old housing mortgage crunch.

Clinton issued a broad call "to be vigilant; to do everything in our power to maintain confidence in our financial system." Obama noted that when the nation faced adversity in the past, "we have summoned a spirit of cooperation and innovation to emerge stronger and more prosperous than we were before."

All of the candidates signaled an openness to consider at least some type of government intervention, such as increased regulation of financial markets. It was a noteworthy stance for McCain, who has staked out a more free-market approach to economic policy.

But comments from his chief economic advisor underscored the need for McCain to draw a distinction between himself and President Bush, who was the target of criticism Monday over what Democrats called his lack of leadership during the current economic crisis.

Asked whether McCain would consider heightened regulation to address the financial turmoil, advisor Douglas Holtz-Eakin said the candidate would not rule that out.

"He is interested in hearing a broad range of views, and he's interested in getting it right," Holtz-Eakin said. "This is too big a moment for the typical American family."

The upheaval in the financial markets has provided a pointed lesson in how little control candidates have at times over their campaigns' agendas and atmospherics. As much as they wanted, or expected, the 2008 race to hinge on the war or the demand for expanded healthcare coverage, the economy is now the No. 1 issue -- and it is forcing the candidates to formulate responses to problems without obvious solutions.

The increased focus on the economy may work to Democrats' advantage. Polls have shown that voters generally have more faith in Democrats to lead on that issue. And McCain, who has been supportive of Bush administration policies, has presented himself as a wartime military leader and even joked that economic policy was not his strong suit.

"Nothing looks good for McCain," said William Niskanen, an economist and chairman of the libertarian Cato Institute.

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In order to sperate McCain from Bush they will need to do surgery, problem is, it is tough to tell were Bush leaves off and McCain begins.

    Favorite    Flag as abusive Posted 04:53 PM on 03/18/2008
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It is very important that we do not let the Republicans frame this debate. I see this on "Right Angle" all the time. The failure is "Bush" failure, not "Republican ideology failure". Whenever their ideolgy proves fraudulent, which is almost daily on many different fronts, it is a "Bush" problem. They know their boy is whacked and there is nothing they can do about it. But we can't let them throw all their faults and cast them onto their garbage boy named Bush. We must make them carry this trash all the way till November. Remember, when a republican says "Bush policies" that is code for "I'didn't do it!"
REPUBLICAN POLICIES. REPUBLICAN POLICIES. REPUBLICAN POLICIES. remember it.

    Favorite    Flag as abusive Posted 04:06 PM on 03/18/2008
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He picked his bed.

He feathered it quite well.

He will now lie in it in all his 'glory'.

He broke it.

He owns it.

He is completely responsible for all the koolaide stains.

    Favorite    Flag as abusive Posted 03:58 PM on 03/18/2008
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Good Luck With That! Bush III, Bush III, Bush III...

    Favorite    Flag as abusive Posted 03:34 PM on 03/18/2008

Why do Republican just LOVE old men candidates? I guess they don't pay attention to Hollywood-NO COUNTRY FOR OLD MEN.

    Favorite    Flag as abusive Posted 03:17 PM on 03/18/2008

Sorry John - the time to "distance" yourself was YEARS ago before you leaped up and supported EVERY Bush effort to DESTROY our County and American Middle Class . . .

How's that go? . . . "like a chicken voting for Col Sanders"????

Stay in Iraq and get a headstart on your "hundred years" . . we don't need you HERE.

    Favorite    Flag as abusive Posted 03:08 PM on 03/18/2008
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Its like McCain is trying to outrun his own sweat, It just can't be done, the faster he runs the more he sweats.
He is glued to the hip with Bush. ... on every thing.

    Favorite    Flag as abusive Posted 01:33 PM on 03/18/2008
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McCain already sold his sole for a shot at the Presidency, so I highly doubt he's worried about "his" economy, just like Bush and Cheney. He just wants to keep dumping blood and money down the black hole of Iraq.

    Favorite    Flag as abusive Posted 12:54 PM on 03/18/2008

McCain is a republican, has tied his wagon too Bush policies and too now say he can distance himself is not going too work, just as our 31st president Herbert Hoover [republican] over-saw and was blamed for the "Great Depression of 1928", rightly or wrongly republicans got blamed then as they will now for present economic ruin facing this great nation, it is not mere coincidence that our present president Bush Jr [republican] sits in power and is being blamed for dollars decline, economic ruin of america, the republican solution is too give corporate welfare too their cronies, and elitist buddies, and this is traditional of republican party, they have always been the party of the rich/elite, greed and avarice is their motto/creed, and they hide themselves in "sheeps" clothing behind the self professed born again christian community [prosperity based televangelists of questionable morality], when in reality they like these false prophets of prosperity [televangelists], are in reality greedy, hungry wolves seeking self-enrichment for themselves and their ilk. The parable of the rich man wishing too follow Jesus truly exposes the republicans, they like the rich man, want too follow Jesus but given choice of giving up their riches and following Jesus, get sad, and cannot do it, and instead walk away and follow greed, avarice, for their own gain, but like the sheep in wolves clothing parable they hide their true natures behind rhetoric, lies, deception, double talk, and use god and religion as a cover for their true nature! They cheer when giving corporate welfare too their ilk, tax cuts too the 2% richest of america, and profess in reality they are going too help the average american who lives in the 98% category, but in same breathe they use peoples prejudices, racism, hatreds too divide and conquer, by denigrating the poor, naked, hungry those sick and in prison as not worthy of anyones concern or care, totally in contradiction too Jesus's teachings, they decry the mother/father on welfare getting that poverty level welfare check as scum, lazy, shiftless, deserving of their poverty, this appeals too the racists, bigots among us, and for those who do not buy this, they have the counter claim of helping these poor by forcing them into main stream society onto jobs paying minimum wages [poverty level income], divide and conquer, is their stock in trade, but on judgement day Jesus has a name for them, blind biblical goats whom ignored the poor, naked, hungry those sick and in prison, and he will not know them, and they will too the very end not see themselves as against Jesus, but then it will be too late too cry and beg for forgiveness, anyone who thinks being a republican is a ticket too heaven might wonder about how the bible says people will take the mark of the beast via the hand and forehead, one might think when one goes into that voting booth and cast a vote for someone if that person represents the biblical beast one has taken his mark on ones hand by casting that vote, and by blind devotion too republican party/candidates one might have his mark on ones forehead in ones thinking! One might think democrats demonization by the right wingers/Bushites is a mere coincidence, but bible tells us anti-christ will decieve many, lead a powerful army, preach peace but make war, and be opposite of Christ...., how much more can one be opposite of Christ than too denigrate, persecute the poor, and make war with gusto as the republicans do and camoflauge it in rhetoric of bringing peace via democracy too Iraq/Afghanistan and other places in the world...! Economic ruin is on the horizon and republicans can lay all the blame at their door steps.

    Favorite    Flag as abusive Posted 12:26 PM on 03/18/2008

So are all non-liberals as inept as Bush,or just McCain?

    Favorite    Flag as abusive Posted 12:12 PM on 03/18/2008

How can McCain distance himself from himself? On the one hand he voted TWICE AGAINST Mr. Bush's tax cuts for the rich and now he is telling voters HE WILL SUSTAIN THEM? And in a moment of unguarded candor, he admitted he didn't know anything about ECONOMICS.

McCain wants to eat his cake and have it too when it comes to his SUPPORT for Mr. Bush's policies. He's talking out of both sides of is mouth. Evidenly, when it comes to lying to the American people, McCain is in AGREEMENT with Mr. Bush.

If anyone has learned anything from the neo-cons, it's that they are HORRIBLY INCOMPENTENT GOVERNMENT POLICY MAKERS!!! And they spend more time denying, lying about and hiding their UNENDING INCOMPETENCE than they do creating CONSTRUCTIVE GOVERNMENT POLICY.

    Favorite    Flag as abusive Posted 12:10 PM on 03/18/2008

McCain himself has admitted he does not know much about the economy. When asked about this issue before, I believe, he pointing to congressional earmarks as part of the problem, and that would be an infinitismal part indeed.

McCain is a war hero. As president, he largely promises more of the same. He spoke against the Bush tax cuts for their unfairness and now favors them. He hints at greater regulation of the riskier parts of the financial system, but would be reluctant to implement it. He is lost in the wilderness.

Senator Obama offers the clearest choice to break from the Bush policies of old. We need an honest discussion on how the Iraq war has damaged us militarily, economically, and our station in the world. We need a sensible, considered approach to withdrawing our troops from the Iraqi quaqmire. We need a restoration of our civil liberities and governmental checks and balances. The executive branch must regain respect for Congress, the Judiciary, and the media as well, again.

Oabama can and will deliver thee things. He is the only candidate I trust to break down Iraq, any threat Iran may pose, and our other hotspots around the world, in an honest way with reasoned solutions.

McCain, I am afraid, offers just more of the same tired, failed leadership of the past.

    Favorite    Flag as abusive Posted 12:08 PM on 03/18/2008

Too late, everyone has seen Bush dancing while he waits to embrace you. You'll never be Barack Obama, no matter how long you stay in the Senate.

    Favorite    Flag as abusive Posted 12:07 PM on 03/18/2008
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There is no daylight between McCain and Bush, ... "Make the tax custs permanent, ... Keep fighting the war for 100 years, ... " WTF? The consolation is that by the time November arrives, ... we will be in such an economic morass, that his campaign dollars will, like our paychecks, ... be close to worthless, ... and he won't be able to run ads to disown Bush and his past. Nope, ... McCain jumped into bed stark naked with Bush and his "achievements", ... and it won't be so easy to get rid of the "fleas" he attracted in the process!

    Favorite    Flag as abusive Posted 12:02 PM on 03/18/2008

Sorry, McCrazy.

You ARE bush, and the electorate will be reminded of that daily til November.

    Favorite    Flag as abusive Posted 11:58 AM on 03/18/2008
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You bet.

NO BUSH LOYALISTS WILL BE ELECTED IN 2008!

McWar is simply an older Bush Warmonger.

    Favorite    Flag as abusive Posted 03:25 PM on 03/18/2008
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