WSJ Publishes Pro-Obama Editorial

Things really have deteriorated between John McCain and the press: even the Wall Street Journal editorial board is turning on him. The famously conservative group publishes a column praising the economic policy of none other than Barack Obama:

The underreported economic news of the week is that Barack Obama favors a stronger dollar. Even better, he thinks a stronger greenback would help to reduce oil prices.

That at least is what the Democratic Presidential candidate told a town hall forum in Parma, Ohio, on Tuesday. "If we had a strengthening of the dollar, that would help" reduce fuel costs, he said, according to a Reuters dispatch ignored by most of the media. ... We don't know who is whispering in Mr. Obama's ear about the dollar, but he's on to a rich political vein.

Read the whole thing.

Comments

[goodtomeetyou]

The calm before the storm.

[ndnndpendent]

I feel a storm gathering though dont you?

[markusmarkus]

Nah, the clam before the storm!

[santamonica39]

what's really sad is that people act surprised that someone would think the total devaluation of our currency has something to do with the price of oil. Oil is priced in dollars. Uh.... duh!!! It's also going to be a rude awakening for people when they realize their home prices have plunged even further because $100K ain't worth what it was 5 years ago.

[ominous]

oil isn't priced in dollars anymore, i think it's either the euro or the yen. they changed that last year when the dollar got too weak.

[Daly]

America is holding on the Iraqi funds because Iraq wants to invest their largest in more lucrative Euro/UK pegged funds.

That said $1 Euro is worth more than $1.5 today while $1 UK pound is worth near $2 US green backs.

[scorpioleidy]

Thank you, WSJ.

[bored2tears]

I just hate it when hell freezes over and no one tels me,

[GeorgeP922]

hehe.

waiting for Obama to come out and say:

"The WSJ? The WSJ?!?! What, this is silly season"

Man, everyone wants to make a buck off Obama.

[openhand]

Actually HELL FROZE OVER 2 MONTHS AGO when Rupert Murdoch supported Obama in an interview at the WSJ Digital Conference. Sorry for the late notice, why didnt this go viral???

http://www.youtube.com/watch?v=GHdQHgIR0-s

[CtJean]

The question asked at the end of the article is "who is whispering in Obama's ear".

From what I understand he has top people covering all the issues and they report to him each morning. This is what a top executive does. Before he leaves to go about his business he is thoroughly prepared.

Jonymacs annoying ads will grind jonymac down. Obama will still be forging ahead.

Tortoise & hare is not exactly the right analogy but it will do for now.

[BEHM777]

By implication, they are slamming the idiots that are whispering in MClown's wrinkled, hairy ear.

BEHusseinM777

[Tulu]

Thanks for the blogs again to remind these traditional media are cornered to do some of the things right. Of course, if these tradition media like the WSJ want rely on the truth for change, you can see Obama’s plan with his best economic team to be touted nothing more than the best we can have at this time.

[beboy]

"Huffington Post Publishes pro-McCain article". Nah, just kiddin'.

[lovethesinner]

here ya go:

http://www.veracifier.com/episode/TPM_20080807

[OlderBudWeiser]

Great link. Thanks. Here's another:
http://www.youtube.com/watch?v=3U5KZzgaB2k

[Sabreen60]

Geez. That was painful.

[barackobama4prez]

Daddy Warbucks is sure to trash WSJ just as he did NYT. Only this time he can't blame it on the liberal media.

[adnmoh1]

yeah someone finally understands the principles of global economics. currency devaluation was the leading cause for oil to jump starting in 2002-2006. once the euro and union jack starting rising over the dollar weve had to pay for our commodities on an increasing basis since the goper prideful ignorant lot took office. yes finally someone thats understands (one piece) what causes this economy to fail!

[Mscharizmaa]

I need to go home and go back to sleep. I'm obviously in an alternate universe and need to start the day over.

[jeffp26]

Needless to say, it is good news when the WSJ applauds Obama on the economy.

And spits at Mcclonebush.