Elderly McCain unable to multi-task…

(Copyright 2008)
The WALTHER REPORT
By Tony Walther
John McCain suspended his campaign for president Wednesday to run back to Washington to deal with the economic crisis and said that unless a bailout package was passed before then, he is backing out of the Friday debate with Barack Obama.
He also wants to cancel the Sarah Palin and Joe Biden debate and replace it with Friday’s cancelled debate.
That was the last word I had before blogging this.
Seems as though Mr. McCain is chickening out.

What’s he going to do if he is elected and a crisis comes up, suspend his presidency? That’s what Dave Letterman quipped. McCain cancelled an appearance on his show.

Obama wants to hold the debate. “Presidents should be able to do more than one thing at a time,” he said. (Maybe the elderly McCain cannot multi-task.)

Sarah Palin meanwhile is being kept away from unfriendly media. That is a tactic used by politicians. The Republicans, in particular, have a long record of this. Reporters have complained, though, that Obama is not terribly accessible nowadays either.

The McCain campaign would not let any reporters, friendly or otherwise, near her at her faux foreign policy adventure the other day at the United Nations. One foreign dignitary was quoted as saying: “She’s good looking.”

She is supposed to have chatted up Henry Kissinger and said something to the effect that she would be interested in some of his insights (like what is this whole foreign thing about?).

I blogged the other day that I agreed with Bill Clinton that Obama supporters should not spend time making personal jabs at Palin, but just say they disagree with her. But I don’t think there is anything wrong with pointing out she is afraid to face critical questions and that she might not have the experience or knowledge to be a vice presidential candidate.

President Bush gave what I thought was a rather weak pitch Wednesday evening for the $7 billion Wall Street bailout package. I guess he did say that if it were not passed it would be devastating to the economy, but he was short on proof or specifics of what I understand the administration is trying to sell as a “rescue package.”

If it seems as if there does need to be some government intervention, the plan needs to be worked out carefully, even if it takes some weeks. And why does it have to be so much money up front? Some have suggested that it could be substantially less money, and if the lesser infusion into the economy had positive results, then more could be added. Whatever, it needs to be done right the first time, because we are already suffering from major mistakes. It may be even more costly if we just apply a super expensive band aid but don’t cure the disease. And as one person pointed out to me, there’s an old adage: “people say they don’t have time to do it right, but they have time to do it over.”

Back to the McCain campaign shenanigans. At first Wednesday I thought McCain was just being statesman like and after all this must be a true crisis (and it may be). But then I heard the whole story. Obama called him first and suggested they make a joint statement on the economic crisis. McCain agreed and then no sooner had he got off the telephone than McCain went on National TV and gave his phony statesman announcement. He didn’t mention Obama had called him.

And then this thing about cancelling his appearance at the debate and trying to delay or eliminate the Palin-Biden debate (not sure on details there).

It is absurd that a candidate for president would suspend his campaign over a legislative issue. Excuse me, didn’t they have presidential elections during Word War II?

I understand Bush has invited McCain and Obama and other legislators to the White House to discuss the economic crisis.

I still feel that the bailout-rescue package proponents are using blackmail techniques – pass this without question or the economy disintegrates.

Bush and both candidates do agree there needs to be a bi-partisan approach to this whole thing.

I suggest that both parties do need to get together, take the time they need, and not rush into a major give-away of tax dollars, even if the government might one day profit. No economy run strictly from the coffers of government can work in the long run, at least not the way we as Americans want it to.

What happened to the free market? I told someone earlier that it has taken me nearly all my adult life to even get a handle on economics. This past week has been an excellent real world lesson. But just as I finally think I understand the basics, the proponents of the system want to change the rules.

 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: