The latest ad from the McCain's desperation trip is not only a reach on everything, but gives more evidence that McCain is erratic and unpredictable in a bad way, and we cannot be sure he knows what he is talking about with the economy. It's just a bad ad. See it here.
Here's the transcript:
"Obama's blind ambition.
When convenient, he worked with terrorist Bill Ayers. When discovered, he lied.
Obama. Blind ambition. Bad judgment.
Congressional liberals fought for risky sub-prime loans. Congressional liberals fought against more regulation. Then, the housing market collapsed costing you billions.
In crisis, we need leadership, not bad judgment."
1) The ad comes out of the gate with an Ayers straw-man. From FactCheck.org:
"In a TV ad, McCain says Obama "lied" about his association with William Ayers, a former bomb-setting, anti-war radical from the 1960s and '70s. We find McCain's claim to be groundless. New details have recently come to light, but nothing Obama said previously has been shown to be false."
If we are to think that Obama is a "pal" of terrorists, then the entire Annenberg Foundation, especially the board of directors some of whom support McCain, and everyone that lived on Ayers' street at the same time as Obama also palled around with terrorists. The whole thing the way that McCain is spinning it is pathetic. McCain may as well connect Obama to the Oklahoma City bombing and David Koresh's Branch Davidians at Waco. Maybe that would give us the real effect he wants. But clearly his supporters are starting to get the punchline all for themselves.
2) This is the first time I have every heard that liberals fought for more deregulation (when there was a Republican House and Senate majority until not quite two years ago?), and that deregulation in this light is not a good thing. How disingenuous. What's true here? How about McCain's record on what he has said about deregulation as a good conservative ought to.
From 9/21/2008:
And a series of clips on his "less regulation" mantra on the stump.
Finally, a piece from ABC and George F. Will is interviewed regarding McCain's position.
However, let's hit the last bit that ABC mentions. They don't throw that in there just because they are the "liberal media". they throw it in there based on facts that we know about what McCain supported and what the Democrats actual involvement was.
The Federal Housing Enterprise Regulatory Reform Act of 2005 would have introduced across the board regulations for Freddie Mac and Fannie Mae, and many Democrats did turn that down. The bill was never even brought up for consideration even though it made it out of committee in what was then a Republican controlled House and Senate. Moreover, as FactCheck.org tells us again:
"McCain added his name on May 25, 2006, when the housing bubble had already nearly peaked. Standard & Poor's Case-Schiller Home Price Index, which measures residential housing prices in 20 metropolitan regions and then constructs a composite index for the entire United States, shows that housing prices began falling in July 2006, barely two months later."
He was a populist demagogue then, and he is one now. Now he is telling the same lies in new ads that have been debunked repeatedly. As Joseph Goebbels said:
"If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”
Too bad for McCain we live in a society where he and his running mate cannot shield us or themselves from the consequences of his lies.
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