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Posts Tagged ‘attack’

Palin, Biden Meet Expectations in VP Debate

Friday, October 3rd, 2008

Both candidates excelled in a night of debate filled mainly with recited stump speeches that were largely unresponsive to moderator Gwen Ifill’s questioning without any major gaffes. The key question going into the debate was whether Sarah Palin could reestablish her credibility after a series of missteps in interviews. Palin clearly met that bar and avoided what could have been a support meltdown on the Republican side if she had tanked.

Biden was knowledgable and forceful in his policy discussions, especially in the foreign policy discussions. Thematically, Biden did his job by linking McCain to Bush and demonizing Bush in an effective manner. Palin survived on foreign policy issues and excelled on tax and energy issues. Thematically, Palin did her job and by reinforcing McCain’s image as a maverick and linking Obama to higher taxes, more government and a loss in Iraq. From an objective point of view, both candidates did what they set out to do and the debate was essentially a tie.

The initial pundit reaction was predictable: CNN and MSNBC called it for Obama, Fox News called it for Palin. However, even the CNN “analysts” agreed that Palin swept aside credibility questions with her performance and boosted GOP morale and any threat of Palin “dragging down” McCain was erased. Predictably again, the focus groups set up by CNN and Fox News split in their reaction. CNN/Opinion Rsearch’s instant poll shows a 51-39 Biden victory, with 84% believing Palin exceeded expectations and 64% believing Biden exceeded expectations. with 55% Fox’s text message poll went for Palin, 86-12.

As for undecided voters, CBS’s poll of undecided went to Biden, 46-24%, with 55% stating their view of Palin improved. Importantly, CBS’s poll 18% of the undecideds are now committed to Obama, while 10% of the undecideds are now committed to McCain. If this takeaway from the VP debate holds, with Obama gaining more than McCain from undecideds, the McCain campaign will continue to slide in the polls.

Regarding the impact on the presidential race, most soft McCain voters who were concerned about Palin’s recent interview performances were likely part of the 84% in CNN’s poll who believed Palin beat expectations. The question becomes how independents and conservative Democrats react to the debate over the next few days. These groups strongly dislike Bush and Palin did condemn the Bush Administration several times and talked about looking to the future instead of backward.

With the second Obama-McCain debate set for a week from now, McCain is likely to become much more aggressive attacking Obama should the House pass the bailout package passed by the Senate yesterday. McCain has a set of commercials relating to the GOP’s version of the cause of the economic crisis – failure to control Fannie Mae and Freddie Mac – set to be unleashed once the House acts.

The media often talks about the great Right Wing Attack Machine, and Hillary Clinton often warned that Obama would not be able to withstand a full-on assault. Expect the GOP and third party groups to unleash “Greek fire” on Obama on both the economic crisis and his character issues (Wright, Rezko, Ayers, Marshall, ACORN, etc.) as soon as the bailout passes. The only way that McCain can win this election at this point is to return the focus to a referendum on Obama’s fitness for office instead of the quality of the Bush years.

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Barney Frank and Bill O’Reilly Fight Over Roots of Housing Crisis

Thursday, October 2nd, 2008

In the leadup to the big Palin-Biden debate tonight, Fox News viewers were treated to some early fireworks as Bill O’Reilly savaged Democratic House Banking Committee Chairman Barney Frank for his role in allegedly propping up Fannie Mae and Freddie Mac over the past two decades. YouTube clips of Frank strenuously defending Fannie Mae and Freddie Mac during 2004 House hearings have spread virally via conservative blogs.

O’Reilly took a different tack and played a July 2008 clip, only a few days before the final collapse and government bailout of Fannie Mae/Freddie Mac, in which Frank stated that the “long term” prospects of Fannie Mae were “solid” and that they were “fundamentally sound”. Frank started off by stating that he couldn’t pass any legislation because the GOP was in charge, pointing to a 1994 attempt to regulate Fannie Mae and a 2007 bill he passed, while refusing to take any personal responsibility for the present economic collapse.

O’Reilly pounced, shouting “stop the crap” and demanding Frank admit he is at fault for the collapse of the giant government sponsored entities. Frank again tried to highlight his claimed attempts to regulate Fannie Mae, and O’Reilly attacked again, arguing that Fannie Mae fell 90% in value after August 2007 and Frank did not warn anyone.

Then O’Reilly called Frank a coward, taunting him with “come on you coward,” “say the truth,”
“your a coward.” Frank responded that “you start ranting, only way to respond is to look as boorish as you” and proceeded to say he “didnt tell anyone to buy stock” and again claimed he tried to get regulations adopted. O’Reilly responded: “any private concern, you’re out on your butt.” Frank swung back with “rant all you want arent going to shut me up,” claimed that the 1994 he referenced tried to stop subprime lending by Fannie Mae and then that “your stupidity gets in the way of rational discussion.”

O’Reilly retorted that “people lost millions” and reiterated his claim that the “folks” bought stock based on Frank’s appearance on CNBC in July 2008. Then there was a brief free for all with Frank attacking the format of the show, O’Reilly’s anger and claimed that O’Reilly is “too dumb to understand”. O’Reilly finished the night with a clearly planned line: that Frank presided over the “biggest financial crash in federal history”, and then cut Frank off.

All in all, very little substantive discussion of Frank’s longstanding defense against tighter regulations on Fannie Mae and Freddie Mac during the Bush Administration, but an entertaining prelude to tonight’s big Palin-Biden debate.

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Country First or Obama First – McCain Comes out Swinging as Obama Spikes in Polls

Monday, September 29th, 2008

McCain Steps up Attacks

McCain Steps up Attacks

At noon today John McCain escalated the attack rhetoric significantly, lashing out aggressively at Obama on a wide range of issues. Obama similarily excoriated McCain at his rally yesterday in Virginia, so today’s speech is partially in response. However, McCain signaled that the political battle over the bailout is far from over while railing against the “evil and greed” of Washington as a key cause of the present economic crisis.

A series of polls taken in the aftermath of McCain’s suspension of his campaign and Friday’s debate show movement towards Obama. Obama now stands nearly or above Obama’s largest leads of the campaign, standing now at about 5-6% nationally, with undecided voters down. Taken together, the McCain campaign appears to now realize that last week’s manuevors fell flat with swing voters and are scrambling to find a different tone.

Many commentators were disappointed that McCain did not seize the initiative at Friday’s debate by exploring the roots of the present economic crisis and the role of government regulation in creating the housing bubble. Today’s speech upped the the rhetoric with the renewed use of the catchphrase “Country First or Obama First” and strong assertions that Obama cannot be trusted to tell the truth. The Obama campaign’s spokesman Bill Burton had an immediate, sneering response that McCain “packs a lot of lies in a short period of time.” Spokeswoman Stephanie Cutter piled on moments later by asserting McCain was lying and that is more evidence of his “erratic” tendencies.

In the background of today’s swinging by McCain, the bailout bill stands now at a very close margin in the House of Representatives while the market continues its slide. Voting just started in the House and both parties are working on head counts. It is essentially a game of chicken, with both Speaker Pelosi and Minority Leader Boehner trying to put forth as few votes as possible, and the package may not pass.

Indeed, should the market continue to slide if the bailout package passes, the focus may turn to who gets the blame for a flawed package. Never before in modern presidential history has the campaign been so heavily driven by day-to-day economic news. So far, Obama’s campaign has capitalized on the escalating daily negative news to build a lead and both campaigns are saying they’ll “probably” vote for the package on Wednesday.

A large focus of McCain’s speech today was his action and Obama’s “standing on the sidelines” during the economic crisis with reference to his campaign’s suspension. The next 24 hours and the direction of the news cycle – who gets credit, who gets blame – will determine whether McCain can regain the initiative he lost when the economic crisis escalated with Lehman’s bankruptcy.

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