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McCain’s Steadfast Refusal To Let Loose On Fannie & Freddie Is Going To Lose Him The Election

By: Martin Knight (Diary)  |  October 10th, 2008 at 11:05 AM  | 

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McCain may have mentioned it in one or two speeches, and his campaign may have issued a gratifyingly harsh press release about it a few days ago … but that’s generally it. Even the ads that are meant to be on the two GSEs and Obama and his fellow Democrats’ role in protecting them have been milquetoast affairs and restricted to the web for political junkies to see.

Practically none of them are on TV, where it matters. Perhaps McCain and the RNC are saving their fire (and money), but time is running short and McCain twice refusing to pin the blame for the number one worry on voters’ minds on Obama and his fellow Democrats during the debates leads me to believe we’re going to hear the nebulous “Wall Street greed” line once more when they meet for the last time in New York.

The fact that Obama joined with ACORN to sue CitiGroup in Chicago for rightfully balking at extending mortgage loans to people who could not afford to pay them is something that should be pounded on day after day until Election Day as well as his extensive ties to top Fannie Mae executives – who richly rewarded him with massive campaign contributions that had him raking in more in four years than any other Senator in the past ten years.

It is my considered opinion that McCain is letting this slip past his fingers the longer he keeps this up …

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COMMENTS

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  • hunter

    Ayers is a diversion.
    And he is a diversion that takes away from THE only story of this campaign:
    That Obama and the democrat leadership forced this catastrophe on the American people by personal greed, policy stupidity and partisan hatred.
    they blocked reform when it would have helped.
    They profited personally- top democrats illegally looted millions out of FNMA
    Their policy stupidity, in putting FNMA politics above FNMA health and mission and in lying about the deteriorating finances of FNMA made this inevitable
    Their partisan hatred made them reflexively reject any republican calls for reform.
    This is the only story that will sell. And it happens to be true, well documented, and very very personal to the American people.
    If McCain cannot rise to this occasion, he should not be President.
    I have sent money, I will make my vote, I will work GOTV, I will encourage my friends and make the case.
    But McCain has to close this deal.

    • Martin_A_Knight

      … McCain wouldn’t sacrifice in a heartbeat for Bipartisanship, it seems.

      Even the Presidency.

      F%#@!

  • JLenardDetroit

    Plenty of Republicans with the money and connections that 527′s can/should be created SPECIFICALLY to beat the drum about the whole Financial meltdown; it’s roots, at worst, in the Mortgage/Sub-Prime fiasco, or at best, it exploding the degree it would be effecting the Economy/Markets (thought I’d offer a more generous option); how Obama and Dem’s are tied with FanM/FreM; ACORN, and it’s links/ties into the crisis, especially the “One” representing ACORN as legal rep – that is NOT a “casual” alliance; etc…

  • DavidS1787

    Former Ceo Dick Fuld of Lehman Brothers

    Former CEO James Cayne of Bear Stearns

    Former CEO Alan Schwartz of Bear Stearns

    Former CEO Franklin Raines of Fannie Mae

    Former CEO Jim Johnson of Fannie Mae

    Former CEO Daniel Mudd Fannie Mae

    Former CEO Martin Sullivan of AIG

    Former CEO Maurice “Hank” Greenberg of AIG

    Former CEO Robert Willumstad of AIG

    Former CEO Angelo Mozilo of CountryWide

    Ceo David Moffett of Freddy Mac

    Former CEO Richard Syron of Freddy Mac

    Former CEO Leland C. Brendsel of Freddy Mac

    CEO John J. Mack of Morgan Stanley

    Former CEO Philip Purcell of Morgan Stanley

    Former CEO Stan O’Neal of Merrill Lynch

    Former CEO John Thain of Merrill Lynch and Former NYSE Chief!

    Former CEO Henry M.Paulson Jr. of Goldman Sachs and Federal Reserve Chairman.

    Former CEO Jon Corzine of Goldman Sachs

    CEO Lloyd Blankfein of Goldman Sachs

    Former CEO Alan Fishman of Washington Mutual

    Former CEO Kerry Killinger of Washington Mutual

    Former CEO Ken Thompson of Wachovia

    Former CEO Charles Prince of Citigroup

    Former assistant director for product initiatives for Fannie Mae :Herb Moses

    Former NYSE chief Dick Grasso

    Sen.Chris Dodd (D-CT)

    Sen. Kent Conrad (D-ND)

    Rep. Barney Frank (D-MA)

  • aceintx

    Republicans need to get off their asses and stop letting the Democrats lay the blame for this crash at their feet or we’re facing a stint in the wilderness just like Republicans did in the thirties just because Hoover was President when the crash happened…We’re not fighting for this election any more…we’re fighting for the narrative of the next 60 years of American history…this is no time for milk toast bipartisanship and new tone drivel…

    Nuff said!!

    • Martin_A_Knight

      I mean, I read/see many folks on our side (Moe especially) assuming that McCain has something up his sleeve, that this next debate at Hofstra University would have McCain open a can of super-concentrated whup-a$$ on Obama, that the RNC are stockpiling a boatload of hard-hitting ads ready to deploy at just the right time …

      But to be honest, I don’t believe it. I remember 2006 all too well. The GOP is so cursed with embarassingly pedestrian pencil-pusher consultants that I would bet the house that nothing is going to change from now until November 4th. It would be one milquetoast attack ad after another.

      • aceintx

        I rode along that whole campaign season expecting the fight to start since Clinton was the most unpopular President in American History at that time…and all I saw was the same milk toast Kinder Gentler, New Tone, Respectful Campaign.

        At this point the only thing we’re missing is a falling down the airplane steps, or throwing up on foreign leaders or a header off the stage to make this campaign complete!

        • gamecock

          I can’t babysit you guys. Misery loves company I guess. We get ONE day every four years, and absent a Perot, we win. The skin is being peeled off this punk everyday but you guys always want more. We get more and its never enough.

          We will win. Hope that’s enough. I just don’t have time to provide all the links to every word uttered by McCain and Palin and I don’t need to write another blog on what happens 2-3 weeks before every election day of a president that reveals AS INATTENTIVE VOTERS GET ATTENTIVE AT THIS TIME and spot the leftist.

          It is happening now, last week and next week and a lot happened and sunk in last April with Rev Wright.

          I’m out. I’ve tried to school MAKs and ACEs before for 16 months before elections past and God help us…..

          You see, the libs own the media so their conclusions you hear over the soundbites is dreadful, but Americans SEE AND HEAR WHAT WE GENIUSES SEE TOO!!!

          and they don’t elect leftists

          GC’s babysitting stint is over.

          Watching George Hamilton as Hank Williams, Sr. in Your Cheating Heart on TCM now.

  • aceintx

    when you are in a war…the side that wins is the aggressor…the one hunkering down waiting on the next attack loses!

    if McCain, Bonner, Cole, Ensign, Blount, and McConnell won’t fight, they need to get the hell out of the way and make room for someone who will!

    • gamecock

      to gague 468 congressional races. I leave that to the nerds.

      I am a geek only.

      Gamecocks must beat Wildcats.

      I geek that can play sports, watch sports and beat up bullies smaller than me!

      • gamecock

        5

        • gamecock

          He is on the defensive. The dems can’t find ONE republican to blame Fannie on. They are on the defensive.

          Some are look but do not see

          • mbecker908

            Just like GWB has been for the last seven years.

            Where is McCain during the debate. He had the chance to go for the throat and passed. He refuses to send Rudy out with a machine gun. He won’t let the campaign go after Obama on Wright.

            Bottom line, no backbone. Just like George.

            The whole damn party leadership couldn’t roll an eighth grade debate class. There is no sense of urgency, no willingness to go for the kill, no willingness to call a spade a spade and note that Democrats are enemies of the state.

            McCain is going to get his clock cleaned by the Marxist. The Ds will have a filibuster proof Senate. The US will be a de facto part of the EU. All because the only Republican with any visibility who has balls is Sarah Palin and McCain shut her down.

            The results of this election are going to make the Johnson Administration look like the good old days for Republicans.

          • aceintx

            Your right…they’re not agressive right now…they don’t have to be…because noone is asking them the tough questions only McCain and the rest of the Republican leadership can ask…the press certainly isn’t going to do it!!

          • aceintx

            that they weren’t going to nationalize this election like the Dems did in 2006, or Gingrich and the boys did in 1994…They decided this was an off year for Republicans and that there was no use trying…

            The ammo is handy and abundant…I’ve listed a few issues they could be pounding the Reid, Pelosi and Obama triumvirate with but these cowards don’t have the balls, brains or simple common sense GOD gave a goose!

            As I said earlier…I’m voting for Palin this year and the rest of these clowns can go play in traffic!!!

          • Martin_A_Knight

            … i.e. the guy (or gal) with the stronger message on the issues the voters are most concerned about wins. And when I say “stronger“, I mean it not just in terms of how hard-hitting, memorable and believable it is to voters, but also in terms of its penetration i.e. how many voters have heard it? How many voters has it registered with?

            Much luv bro … but I ask you to step out of your partisan political junkie shoes for a minute and take off the rose-tinted glasses.

            How many undecided voters are hearing all the hard-hitting (not hard-hitting enough for me) stuff you claim McCain is putting out on Rush, Limbaugh and Levin? How many have seen McCain’s web ads?

            McCain has had two opportunities (three if you count Palin’s debate with Biden) to get the Fannie/Freddie/Democrat story to penetrate the media veil to the electorate, but he decided that Bipartisanship™ was a higher priority.

            Again, I point out that McCain can still win. But he won’t unless he steps up the attacks on Obama and the Democrats’ role in the mess the economy is in (not just milquetoast about “Wall Street greed“), and what he’s going to do about it. A promise to sic Rudy Giuliani (as someone brilliantly suggested) on the people responsible would do wonders for his numbers.

            But everything has to be where persuadable voters can see it. Ads on television and FM radio, the last debate at Hofstra University, aggressive surrogates on the Sunday morning talk shows, Palin pinning the blame on the Democrats in stump speeches, interviews and Press Conferences all over the nation.

            That’s the only way McCain can win. The three weeks from the last debate to Election Day, McCain has to let loose a continuous barrage on Obama and also showcase the policies he’s going to pursue as President. He has to get his message to penetrate through to persuadables.

            But I’m not holding my breath.

  • Pingback: Martin_A_Knight?s blog ? McCain?s Steadfast Refusal To Let Loose …

  • gamecock

    Rush and Levin and Hewitt have played clips of McCain
    “letting loose” on Fannie and Dems and Obama all week.

    bye

  • aceintx

    I don’t need baby sitting BTW…

    I’m not the one out there last week promising to give 50,000 Irish Illegals Amnesty or bragging about how I opposed my party on an issue where my party has the support of 70% of the American people.

    I’m not the one proposing a bureaucratic nightmare where the government and some snot nosed punk fresh out of college with a poli sci degree comes into my neighborhood and decides what my home is worth!

    I haven’t been out there badmouthing corporate fat cats and greedy Wall Street big wigs while refusing to point out the complicity of the Clinton administration and Jamie Gorelick in writing affirmative action rules into lending guidelines that set this whole thing off in the first place.

    I’m not the one that has gone through two debates and refused to confront Barry to his face on all the stuff he should be made to answer for.

    and if I hear one more time that “he opposed the surge” I’m going to snap!!! McCain is right to point that out…but that ship has left the dock…we get it…he’s said it a million times…get off it and get in the golden child’s face!

    He needs to be naming names…He shouldn’t ever mention the housing market again without throwing Frank and Dodd’s name out there…He should be talking about all the Clinton Administration figures that raided these banks and investment houses and rode off under their golden para shoots…

    No more BS about bipartisanship…no more talk of reaching across the isle…this is fast becoming more than just the 2008 presidential campaign…it’s about the narrative that will be written about this collapse…the enemy is writing the narrative that it was “deregulation” that caused this! The Republican party is letting them do it…This will be a millstone around our necks for 70 years the way they hung Hoover around our necks!

    What you say is true…and always has been…when the Republican Party Candidate runs as a conservative we win…always have…always will…

    Too bad McCain is not running as a conservative…he’s trying to be a populist and suck up to the so called objective press like he’s always done and he’s about to sink us all for the next 50 years…

    I haven’t blogged anything for weeks because I’m trying not to be the fly in the ointment…but dXXn it…I’ve had it with the namby pamby Bull ShXX!!

  • aceintx

    I’m not the one sending my Campaign surrogates to Meet the press and Fox News Sunday to tell everyone how bad things are for the Republican Party and how we’re guaranteed to lose seats in the Congress and Senate!!!! Only the great and powerful Johny Mac is bucking the trend because he’s so bipartisan and mavericky!!

    I’m so fed up I can taste it!

  • Martin_A_Knight

    Sorry GC, but that won’t cut it. The debates are where McCain needed to have deployed the fun facts about Fannie/Freddie and their phalanx of Democrat protectors in the House and Senate.

    I’m certain that McCain and his many “expert” campaign advisers may have discussed this and decided that the debates were not the appropriate place. But, like Newt, I have no confidence whatsoever in the GOP’s coterie of out-of-touch elite campaign consultants, so appeals to their “expertise” don’t work for me.

    At this point the aim is to win undecideds. Therefore, web ads or replays of bits of speeches where McCain uncharacteristically went off the Bipartisan script on Conservative talk radio are not going to cut it.

    They may know finances and have helpful rolodexes but frankly, their efforts at messaging, newscycle management, outreach and the other intangible aspects that make all the difference are beyond woeful.

    Don’t get me wrong … I hope that I’m wrong. I’m hoping that unlike 2006, our people at the RNC, NRSC, NRCC, our 527s and the McCain campaign actually do have an ace up their sleeves, and that, contrary to what I think, they actually have a deployment plan on a far more effective timeline.

    I hope so … but I’m not holding my breath.

  • gamecock

    http://www.redstate.com/diaries/gamecock/2008/oct/11/no-questions-left-to-answer-for-obama/

    read it all and make a long comment

    and reco!

  • gamecock

    http://www.redstate.com/diaries/gamecock/2008/oct/11/no-questions-left-to-answer-for-obama/

    read it all and make a long comment

    over on that blog of the optimists

    btw

    GO LONGHORNS!!!!

  • gamecock

    That is a crock. It is the MSM method of protecting liberalism from being discredited and making sure everyone thinks that no matter who wins, it was because of what happened on their medium.

    Its bull

    Liberals lose because of their liberalism that get known via all kinds of mediums and over a period of time, not because of a moment that the media “decided’ was what moved people.

    In this way, they make sure that liberalism isn’t blamed for their 7 of 10 losses. Hell, they don’t even let it be known that Clinton won because he ran to the right and had Perot.

    Then when their lib loses, they can blame it on a moment they covered between commercials, so that no matter what you base you whole life and happiness on TV.

    ca ching

    And hey Ace, don’t take the diaper changing lines (see hyperbole) personally!!

    we love you guys, its just that I demand that you

    be happy!

  • aceintx

    I was calling him John McGenious just three weeks ago…every thing I’ve mentioned above he’s done since then…

    I wrote all that before I heard his comments about how Obama would make a fine President!

    That’s not even talking about the Republicans in Congress…The Dems have Rangle, Dodd, Frank, Rezco, Jefferson and who knows how many Democrats embroiled in scandal after scandal to run against. Do we hear Republicans running against a Democrat “Culture of corruption?”

    Earmarks have increase not decreased since the Dems took over after promising to end them…do we hear any Republican calling them out on that?

    Dems have brought judicial confirmations to an absolute hault…,(an issue where the American people are with us all the way…Do we see anyone in the Republican Party running against that or pointing it out?

    Democrats accuse the Republican Party of being the cause of the sub prime crash and it’s effect on our economy when it was the Democrats that created the Su-prime market and benifited most from it all the while blocking any attempt to regulate it…Are the Republicans doing anything to defend themselves from the lie that they are to blame?

    This isn’t about optimism or pessimism…it’s righteous indignation about our leadership resigning us to 50 years of blame for this crash!

    I’m voting “Just Palin” this year…and McCain and the congressional Republican clowns can go play in traffic as far as I’m concerned!

  • aceintx

    I love you too man…

    as for me subscribing to the debate moment theory as you describe it…That’s only one small part of what I’m seething at.

    I’ve preached for months that only the current gang of Congressional Republican losers we are saddled with could lose an election against a Democrat Congress with a 9% approval rating!!

    This is a joke and I’m absolutely at my wits end on this!