Has this week’s Wall Street “September Surprise” permanently altered the presidential contest? And now that mortgages rather than mooses are again on the agenda, let’s return to a fair question – is Palin qualified to be vice-president or president?
Our panel discusses both and arrives at some conclusions:
*Presidentially, at both style and substance levels, McCain has done himself enormous and probably permanent damage. While it can’t be fun to be not economically adept and in the party in power as the ship started sinking, still McCain’s lurching between Howard Beale, Herbert Hoover and Ralph Nader conveys no confidence. On any given day that Obama can truthfully say that he’s always warned that financial deregulation has created the context of this collapse. But McCain’s blusterery attacks on SEC Chairman Cox, on Wall Street “greed” and on Obama as the culpable agents here -– while alternately saying the fundamentals are “strong” -– has led even the Wall Street Journal to express disappointment (“we need steady, calm leadership, not easy, misleading answers”).
McCain is digging himself into a deeper and deeper hole and his impulsive, fighter pilot instincts are providing him no way out.
*Congressionally also, it’s likely we’ll look back in six months and sixty years as this being the week when the 2008 national elections became cast in stone and when a progressive majority coalesced that led to a White House, Senate and House victories that in turn led to the greatest burst of progressive legislation since 1933 and 1965. For there’s really no answer to the political and policy charge that when the Reublicans had their chance on peace and prosperity, they blew it – now the other team will get its chance.
Listen: 7 Days in America with Sen. Sherrod Brown, Ron Reagan, Arianna Huffington & Mark Green