Ugh: “Why McCain Goes Easy on Fannie and the CRA”
One of the most glaring failures of both John McCain and Sarah Palin in their debates has been their failure to pound Obama/Biden/the Dems on the Fannie/Freddie/Community Reinvestment Act debacles.
Why? Why? Why are they passing up a golden opportunity to expose the disastrous consequences of decades of Democrat social engineering, minority-mau-mau-ing, and crony pseudocapitalism?
The reality of McCain’s weak stomach for attacking the Left is a major downer after last night’s feisty performance by Sarah Palin.
It’s one of his fundamental flaws. I’ve pointed it out before.
McCain is, in many ways, Obama’s best friend.
Ugh.
See what others have said
Note from Michelle: This section is for comments from michellemalkin.com's community of registered readers. Please don't assume that I agree with or endorse any particular comment just because I let it stand. A reminder: Anyone who fails to comply with my terms of use may lose his or her posting privilege.
Trackbacks
- America Needs Me » Where’s Barney?
- McCain Deserves To Lose : Pursuing Holiness
- Where’s Barney? | Grizzly Groundswell
- Democrats Refused to Reform Fannie/Freddie (Video) « The Political Page
- New attack ad from McCain, but still no FM/FM « WitSnapper | The Blog
- Patterico’s Pontifications » Maybe It Wasn’t Sarah’s Fault
- Michelle Malkin » Palin-bashing Associated Press cries “RAAAACISM!”
- Obama & Racism (Speaking of Collective Guilt~Don’t Be Silenced!) « Zipline Conservative
- Palin-bashing Associated Press cries “RAAAACISM!” « Jay Keating’s 2008 Weblog
- Time to “Man Up,” John « Mark Epstein
- Palin-bashing Associated Press cries “RAAAACISM!” « Thoughts Of A Conservative Christian
- Michelle Malkin » Maybe McCain does want to win: He finally attacks Obama on Fannie/Freddie
- Michelle Malkin » Maybe McCain does want to win: He finally attacks Obama on Fannie/Freddie
- Maybe McCain does want to win: He finally attacks Obama on Fannie/Freddie « Jay Keating’s 2008 Weblog
- Obama’s Ayers Heads Revisited: « Riggword Weblog
- Michelle Malkin » Liveblogging the town hall debate: Me, me, me
Comments
You must be logged in to post a comment.
Categories: John McCain, Subprime crisis
Right Pundits
» Joe Lieberman: Fort Hood Shooter Is ‘Home-Grown Terrorist’
Legal Insurrection
» Bruni de la Motte for Health Care CzarRiehl World View
» Obama: No Military Death Shall Go UnexploitedLegal Insurrection
» In The End: No Public Option, No Abortions, No Pelosi, No ReidThe Other McCain
» Paralysis by analysisThe Powers That Be
» Obama: ‘Don’t Jump to Conclusions’ About Ft. Hood; Immediately Jumps to ConclusionsLegal Insurrection
» NY Times Names Names
I really wish Palin would have hit Biden a lot harder last night. When Biden said “I’ll Paraphrase McCain” she should have said “Why Paraphrase when you’re so good at plagiarism”.
She would have saved McInsane AGAIN.
Yet supposed “principled conservatives” will vote for him.
I would like to see McCain take a much more aggressive tact on this issue. The bailout is wildly unpopular here in San Diego – at least from the “man on the street” that I have talked to.
Everyone (here) knows that the Dems are dirty and culpable on this one and I would like to see Obama taken to the mat.
McCain will lose this election (the bright side of this is that Palin can come out unscathed for 2012…plenty of time for her to shake that loser off her resume)
I think she should have found a way to quote Kinnock for one of the questions, like “As I’m sure Sen. Biden is aware, Neil Kinnock said….” But then again I can’t stand Obama/Biden so if she hit him with a baseball bat onstage I would have enjoyed it.
If McCain is unable to call out the Democrats behind this, then he lacks the judgment to be President. Bush wouldn’t defend himself from this crap and look where its gotten him. I’m voting against Obama, but I am disliking McCain more by the day.
Still two debates left, our ammo is full and hopefully he will go to it. Obama has spent his bullets already…..
It’s Killin em and
I Love it!!!
McCain/Palin 08′
Image: McCain growin a pair and hammerin it home.
Incredibly disappointing.
Unfotunately, a powerful argument for why McCain does nothing for us and deserves to lose.
Because he is a weak and incompetent candidate. Isn’t it obvious?
I think McCain does not want the job.
We Get the Government we Deserve. I am voting AGAINST EVERY TEXAN LAWMAKER WHO VOTED FOR THIS.
If Senator McCain is not good at presenting a complex argument, then delegate the job to someone in the campaign who can! Like uhh, maybe, Sarah?
McCain’s chance to win this election went down the toilet when he voted for the crap sandwich! As I said on the other thread, we should follow Gov. Palin back to Alaska, secede from the union, and elect Gov. Palin our president. When the house passes the bailout today, America will officially become a third world country, governed by tyrants.
I’ve been saying for a couple of days that McCain is throwing away a huge opportunity here. Sad. Sarah rocked though, and if they lose, no one will hold it against her.
So this is why Sen. McCain would “suspend his campaign” and “return to Washington” in the face of this “financial crisis”.
To roll over and play dead. Thanks.
I’ll vote for Gov. Palin on election day.
Michelle — I AGREE 100%
I’m not going to vote for their opponents, but I’m surely not going to vote for Cornyn or Lamar Smith after this.
New campaign slogan. . . “John McCain, Snatching Defeat From The Jaws Of Victory. I’m John McCain and I approve of this strategy.”
Turn the Hockey Pitbull loose.
If McCain is afraid to discuss the problems that face our nation because they are complicated or fear someone will call him a racist, he will not be elected. Even worse, we are doomed to more of the same crap that got us here!
Well, if this is the way McCain is going to run his campaign, let me be the first (ok, probably not the first) to say Palin 2012!!
Ugh! I’ll never eat crap again!
MM, that picture of McCain and Obama creeps me out. Here’s my caption:
“John, we both know the fix is in for this election. Put on a good show, don’t mess with me during the campaign, and I’ll see to it that my Chicago opps people take care of you real good after the election.”
There is one thing McCain could do that isn’t complicated, and wouldn’t necessarily be seen as racist.
At the next debate, if the bailout comes up, he could say something like, “Fannie Mae’s and Freddie Mac’s management let the taxpayers, banks and homeowners down. This mismanagement, waste and fraud cannot go unpunished. Therefore I am calling for the President to appoint a special prosecutor, and I hope Senator Obama will join me.”
If it’s limited to the management, it’s simple enough. And it puts the homeowners in the politically correct victim category.
Of course, the US Attorney for SDNY is looking into this, and the SEC has sent out notices to preserve documents, but the US Attorney might be replaced by Obama (don’t know if POTUS could shut down SEC investigation).
Once Murkasey appointed a special prosecutor, it would be too public to stop.
McCain, please move over on Tuesday night and let Sarah-cuda take the wheele!!!!
This is why McLame will lose.
And deservedly so.
Regardless of the final outcome of the election on November 4th we must begin campaigning immediately on November 5th to elect Sarah President in 2012 …
John McCain ha smade a career of being a maverick, the cross-over guy, the guy who tries to get both sides to work together. The adversarial nature of the presidential campaing against two of of his Senate “collegues” goes against his grain.
Had the Dems nominated a governor or something McCain would be at their throat tearing away. But his is faced with tow senators and I don’t think he can be anything but collegial to his adversaries.
They however feel no such collegiality.
I just couldn’t vote for McCain, until Sarah came along. Now I’m back to not being able to vote for him again. At least I know what Obama stands for. WHY does McC continue to poke me in the eye??? What happened to exposing earmarks and pork, and naming names??? What else is he lieing to me about?? He’s pathetic. I’ll take my chance with 4 years of Obama, then maybe we’ll get some REAL reform.
There you people go again, while back on planet Earth this is what’s happening:
“Today, Americans woke up to the sad news that 159,000 jobs were lost last month alone, making September the ninth straight month of job loss. With three-quarters of a million jobs lost this year”
You people voted for Bush, now you support two candidates even more incompetent – come back to the reality based world and help us fix this mess
If I said that America is facing it’s darkest days ahead, would that be racist?
That is the best scenario conservatives can look forward to at this point. Unless Barack Obama does something really stupid over the next 5 weeks there is no way John McCain is going to win. McCain is way too “bipartisan” to really take the fight to Obama and Biden. McCain’s last chance to win this year was to come out forcefully against this bailout boondoggle. He didn’t and he is going to lose big.
Hopefully Governor Sarah Palin can avoid the collateral damage of McCain’s pathetically run campaign. She’ll be able to return to Alaska, get four more years of executive experience then run for the top job in 2012.
On a side note, there is going to be a major boost in travel to Alaska in the upcoming years. The state tourism board there couldn’t have bought this much positive coverage of their state in a 100 years.
What is incredible is that I heard McCain this a.m. on the Michael Gallagher radio show. There he pounded on the Dems who got us in this mess. But why doesn’t he do this during the debates when the world is watching? Without a doubt McCain has run the most inept campaign I have ever seen.
McCain had better grow a pair, because after the passing of the “Screwing Amercia” bill today, his worshippers are out in force, spreading the word of Obama.
One of Jimmeh Carter’s biggest problems is, and was when he was President, his compulsive desire to be LIKED by EVERYONE. It seems like that is a problem with McCain as well. That is a big flaw and will cause huge problems for the country in the long run.
don’t worry, he’s doing everything he can to give obama the presidency, all in the name of bipartisanship of course…
To quote Ace (channeling McCain):
This was what I’ve thought he’s been doing, especially during the pre-vote debate on the Senate floor. Obama stood up and delivered a speech full of meaningless rhetoric, while McCain said nothing; the commentators at Fox criticized McCain for that silence, but all I could think of was previous events where certain loud-mouthed* Democrats accused McCain of injecting presidential politics into a financial crisis, even to the point of telling him (however indirectly) to “get out of town.”
I may be wrong, but I think McCain knows that if he says anything more – publicly at least, even if in his capacity as a sitting US senator – it wouldn’t accomplish anything except to give the demagogic-Democraps another excuse to accuse him of “…INJECT[ing] PRESIDENTIAL POLITICS INTO SOME OF THE MOST DIFFICULT NEGOTIATIONS…”
Not they’ve ever waited to have an excuse….
*I’d originally mistyped loud-mouthed as load-mouthed – does that qualify as a Freudian slip?
Yeah, let’s “fix this mess” by raising the minimum wage to $30,000/yr. And by passing even more regulation on American industry, driving even more of it overseas.
Tell me that you’re not really this stupid, but merely dishonest. Please.
I am now persuaded that McCain does in fact not want to win. He is a kind of the anti-Dewey: even as we speak he is preparing his concession speak and has already informed his closest associates (Leiberman, etc.) what cabinet post they will not be getting. Mark Steyn has written about it McCain’s defeatism here, so check it out. It’s over. At least there won’t be any moaning and recriminations about if only McCain had done this or done that. There is no way a candidate can win if he doesn’t want to, passionately. McCain doesn’t. End of story.
Now here is the funny bit. McCain goes back to his comfortable life in Washington, to serve out his term and retire, one more nice loser, e.g. Bob Dole. And guess who will get blamed for the loss? That’s right. You. They will say Sarah, but they will mean conservatives.
Want to take a look at when the job numbers started turning downward? … track them from the passage of the much bally-hooed increase in the Minimum Wage … within weeks the restaurants and such that pay minimum wage started cutting back their work force to be able to pay the higher wage … and who was it that did that? … the wonderful 9% approval Dem Congress …
BobonStatenIsland said:
I’m not convinced that McCain wants to be liked by everyone, though I can see why you might say that.
But consider this; Reagan Republicans – quite a few of whom are represented among MM’s commentors (including me) – are somebody too, yet McCain seems to have no problem poking his fingers in our eyes time and again. Where’s the desire/need to be liked in that?
On October 3rd, 2008 at 2:29 pm, flenser said:
Thanks flenser – you beat me to it. Stupidity runs rampant enough these days.
Thought that myself many times…where’s fight?
oppps…where’s the fight?
He has no problem fighting conservative ideals.
He’s toast.
Nice vetting job, GoP. Dole II
If he wants to be Mr. Nice Guy, he’s in the wrong line of work.
racist
McCain has no problem with being loathed by conservatives. Actually, he appears to rather enjoy it.
McCain wanted to have the bill passed. Maybe one of the reasons it did not pass the last time could be what Pelosi said in her speech before the vote. If he started to accuse the democratic party that it was their fault for the economic crisis(eventhough it is true), could get them pissed off & would not let the bill pass.
Seems as though McCain was convinced the crapsandwich must pass through congress. Hard to do with dems. controlling both houses and if they were shown to be responsible, they may have let the economy crash. Now that it passed, expect to see a little more attention paid of ACORN, Obama, Dodd and Franks.
Maybe because of his years in captivity, McCain wants to be liked by the ENEMY. And to hell with his “Friends”
If McCain wants to win, he better SURGE his campaign with assertive for the PC or aggressive discussion of Obama’s clear weaknesses with regards to Wright, Resko, and Fannie & Freddie.
He must do this in the debates and in speeches until election day.
Hence, take the gloves off!
Come on, folks…use your heads. A couple weeks ago the McCain campaign hit back hard at the NYT’s calling them “in the bag for Obama,” and part of “Obama’s campaign machine.”
The catalyst for that act was likely a strategy meeting in the campaign on how to deal with the outright media bias…which, of course, is no longer covert.
How do you beat the media (who run an active defense for Obama)? Well, you can’t dribble out hard hitting campaign points with a month to go in the process. You have to put a match to the gasoline all at once, and as close to Election Day as possible so that the electorate has a chance to absorb all the “accusations” and “attacks,” but the media doesn’t have a chance to put out the fire or misdirect the issue like they have been doing.
At the same time, the new media strategy on Palin is to pretend she is irrelevant. We’ve seen this in countless bias media outlets (anyone recall the recent flood of “the Palin bounce is over,” and the “Palin is a liability” mantra of late?).
However, Palin will now start firing salvos such as the one today in which she stated for the record that Obama is not qualified to be Commander and Chief. In short, the press pigeon holed themselves by marginalzing Palin…Now she can say whatever she pleases with jagged edges. If she is an effective communicator as she appears…”Gladys in Kansas” will be listenting. The Press will be diddling…and the Democrats will use the only response they have left when McCain starts dropping all the bombs…
Of course, I refer to the “Race Card”…
Independent voters and Blue Dog Demos are going to go running the McCain/Palin ticket when the whining begins in earnest.
I’m just sayin’…
Because his is an old fool that should be retired in a rocking chair instead of screwing this country.
Yes, let’s come back to reality and vote for 2 candidates who promise to increase taxes, increase spending, and increase regulations….a well-known recipe for creating jobs like crazy. Don’t believe me, just ask Michigan or Ohio.
Fixed.
McCain is doing everything he possibly can…to make sure that he won’t lose his Senate seat.
If this is how McCain is going to approach the issue, the election is over! This is THE issue that will decide the election. Americans are FURIOUS! If youre from the McCain camp and dont trust the pages of Michelle Malkin, then look at Frank Luntz focus group last night. When Palin was talking about personal responsibility the respondents couldnt turn their knobs far enough! Thats ANGER. They are ANGRY that government is telling them they have to fund the irresponsibility of others. And that anger is not going to be harnessed by bipartisanship and though they may have agreed with the personal responsibility, that will not placate the anger. They want to know who is at fault and they want to remove those at fault from office. Right now, they think the parties responsible are John McCain, George Bush, and the Republican party.
If John McCain does not counter that perception, he is toast.
I urge everyone to email and call the McCain campaign and tell them how mind-bogglingly wrong their strategy is on this issue!
Hidden Carbon tax, huh? Well, now we know McCarbonTax’s price. Hates earmarks my eye — the one he just poked with a stick!
I’m glad Dad’s not awake for this. It would literally kill him.
If McCain doesn’t have the stomach to hold liberals accountable, if he’s willing to lose because he’s not willing to fight for it using the facts then he should step aside and give it to Gov. Palin.
He’s been driving the liberals’ agenda for eight years (McCain/Feingold, McCain/Kennedy, McCain/Lieberman) or obstructing conservatism (Gang of 14, Opposing the Bush tax cuts, opposing ANWR drilling, defending Kerry against the Swift Boat Vets for Truth) on their behalf. Why would he fight them now?
And a more on-topic question: Now that we know he voted for socialism and blew his own “I’m a fiscal conservative” riff out of the water, why should we believe he’ll fight for our principles at all, even some of the time?
McCain never criticizes the Left. He’s too busy “reaching across the aisle”. The only people he ever criticizes is his own party. To quote my son, a highly conservative young man, McCain not only reaches across the aisle, he moves over and sits down.
The man is clueless. He’d rather lose the election and let America fall into the hands of a hard line Marxist than say something nasty, but true, about his good friend Barack Obama, even while Obama sticks a knife into his back.
Heaven help this country.
Here is a sneak preview of next Tuesday’s debate:
Governor Sarah did a good job within the McLame constrictions. It was difficult to watch at the onset, HomeDepot Joe attacking everybody but the real culprits in the economic meltdown and Sarah passing up all of the obvious openings to annihilate the guy, name names,and lay it out directly to a very large, interested audience. Great opportunity missed again!
I suspect that one of the explanations for Ole John Mac’s failure to respond appropriately is that he thinks that he is in the mannerly, refined, Good Ole Boys Senate of the distant past. Where they distinguished themselves from the crass “Lower House” with their effete gentlemanly posturing. John is doing that now with people that don’t play that game and don’t mind saying or doing anything to get and keep the power.
The confusing part beyond that is; “W” is doing the same thing, what’s the deal with that? And the big question is; Where is our “tell it like it is”,most dangerous VP in US history Dickie-poo Chaney? His silence is really baffeling.
Bottom Line: Looks like Mr. Obama gets to be our next President.
Yes! As my Dad was fond of saying:
1) WELL , SARAH sure can.
2)
How about the TRUTH for a CHANGE.
Obama can NOT WIN WITHOUT TELLING LIES.
Obiden is full of deceit, every turn and every nearly utterance.
Joe lied extensively last night and if Sarah knew, Ifillmyownwallet cut her off.
ZERObama has lied so far to the right you’d think he’s right of McCain.
The only reason this hasn’t hurt his base is because they’re in sync with him. That’s how they
play thegame.cheat, they’re damn familiar with it.3)
ENERGY and the TRUTH CAN AND WILL WIN THIS FOR MCCAIN/PALIN….IF it gets told.
The article provided by the link really doesn’t give any clue as to why he hasn’t gone for the throat.
It all kind of reminds me of a phrase that Bush offered a ways back, “…the soft bigotry of lowered expectations…”
Why are we letting well educated criminals get away with this? Twisting truth!
At least O’Reilly fried Barney Franks on his show. Not a fan of O’Reilly, but he did a terrific job exposing the dem’s lies.
.
Ya can’t help but wonder, does McCain really want to win? Knocking the Dems on their failed policies is not ‘dirty politics’, it’s just the truth.
.
absurd thought -
God of the Universe says
never mock Democrats
it’s just their religion
you RIGHT-WING INFIDEL
.
ignore credit scores
give everyone homes
- force banks to comply
to deny a mortgage
must be due to racism
.
McCain is so enamored of his bipartisanship. I dont want a maverick I cant trust in the WO, I want a conservative that will put this country back under the Constitution, who will appoint constructionist judges to the SCOTUS, who will stand up to the socialist democrats in Congress. I dont want my president shaking hands with the enemy.
I’m only voting for McCain because Palin is on the ticket.
I’m not sure how much McCain really wants to win. He’s way more interested in making nice with the enemy. I think he should step down and let Sarah run.
John McCain will have to start speaking out on this. His silence is an act of betrayal. Why because the MSM will not report the story and this MSM censorship weakens the country. We are like a Banana Republic where only the “Official Line” is reported and not the truth.
GWB needs to tell the story this campaign season about what has happened with Frannie and Freddie, government interference in the forcing of (subprime) mortgages to people unable to pay, obstruction of efforts to reform the situation and prevent this disaster. He still has the bully pulpit and can use it now to push for necessary reforms. Let the Dems make the case that “there is no crisis” while running for re-election.
Here’s hoping that McCain will use these next two debates to come out of his rope-a-dope. Will he become a modern day John Paul Jones or continue taking on water?
The financial meltdown isn’t that complicated if you call a pig a pig, reparations as reparations. Obama has been part of this Toxic Mortgage Reparations program long before his political career started.
==========
The financial meltdown is a stealth Toxic Mortgage Reparations program gone bad.
Obama was fully aware of what was going on in the 90s as an ACORN attorney when he pushed ACORN to get Freddy and Fanny regulations to require bundling undercapitalized toxic reparation mortgages (primarily to minorities — aka blacks) along with regular mortgages.
Freddie and Fanny would buy these mortgages up and resell them to other financial entities. Originally, there were enough good mortgages to hide/buffer the toxic mortgage failures. The Democrat leadership of Freddy & Fanny paid and pushed the Dems in Congress to push the percent of toxic reparation mortgages to the edge, 20% in 2000 all the way up to 28% this year. The Dems in Congress were also paid by the FMs leadership to fight any regulations which might hurt this toxic mortgage reparations program.
Yes — there was some golden parachutes and other CEO abuses along the way. This is a minor side show compared to the size and scope of the toxic mortgage reparations program. Sure the Dems want to point to this as a problem, to distract the public from their stealth reparations program. The GOP don’t want to shed light on what this is all about, because they’ll be accused of being racist…
Yes, there not all under capitalized minority mortgages went bad. However, it also doesn’t appear there was any research to clarify common traits of those who survived the mortgage payments from those who didn’t to detoxify undercapitalized mortgages.
The bailout took this program that was supposed to be ‘hidden’ amongst mortgages and brought it out for the taxpayers to pick up the toxic reparations program as a financial mess it has become.
It should also be noted, the bailout purposely doesn’t fix the toxic mortgage reparations program — instead it seems the toxic mortgage reparations are codified to continue unabated as part of the bailout — hence the statements it’s just the start/downpayment, there’s more to come.
And sure enough, the whimpy GOP bought this toxic reparations program, hook line and sinker for fear of being called racist for going against an ongoing toxic minority reparations program….
Which is another way of saying to the conservative blog world, it’s up to the blogs to ride point and clarify what the Toxic Mortgage Reparations program is all about in the next few weeks…
If the bloggers can get any traction via talk shows, the silent majority will quickly pick this up and understand what is going on for what it is — a Democrat scam that is leaving them on the hook for billions in current and future reparation obligations… The PRESSSSident, Dems and Obama will have to respond at some point, which will only help clarify the issue.
The choice is simple, continue to muddle around the edges of the Toxic Mortgage Reparation Program, or start pushing the envelope of truth so that the toxic reparations issue can be discussed in open by the politicians to clarify who is on one side or the other of this issue. A cogent response to reparations is not likely to be an option on Obama’s teleprompter….
I can only think of one possibility as to why McCain is not attacking the Dems for the current economic situation. It is he wants to be perceived as someone who can work on both sides of the aisle and if you are pointing the finger of blame it is difficult get those very people to want to help with a solution. Prime example, Pelosi’s statement blaming Republicans was used to explain why the first vote failed. So, like it or not I tend to agree that McCain/Palin need to stay above the fray on this one. But that does not mean the rank and file members can’t participate in the mud slinging, and this is a fight we could win easily with the facts and video on our side.
I can only think of one possibility as to why McCain is not attacking the Dems for the current economic situation. It is he wants to be perceived as someone who can work on both sides of the aisle and if you are pointing the finger of blame it is difficult get those very people to want to help with a solution. Prime example, Pelosi’s statement blaming Republicans was used to explain why the first vote failed. So, like it or not I tend to agree that McCain/Palin need to stay above the fray on this one. But that does not mean the rank and file members can’t participate in the mud slinging, and this is a fight we could win easily with the facts and video on our side.
Hard to believe the ‘lets wait till 2012′ attitude on this forum. As if there will be anything left to save by 2012. Everything that has been fought hard – amnesty being the foremost – will be not even issues then. It would have long been completed and part of the social fabric along with the completion of mortgage ‘reparations’. The Dem party will have 20+ million new voters by then. There will be no swing states then – at most GOP might get Alaska and ND.
Agreed McCain is not gonna happen. But there are 550 house races and 20+ senate races. If we work toward getting a solid firewall to bog down the president, we might have a chance in 2012.
Time to fight is now.
Support GoPac
Support Tome Tancredo PAC
Support Mitt Romney PAC
Support numbersusa
Support your local GOP
After Nov 4, your fate is sealed.
My email to McCain