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Thursday, October 09, 2008

Louisville Courier Journal Editorial: "No Runs Batted In [For John McCain]".

Swing and a miss

The best news for American voters about Tuesday night's presidential debate is that it never went where the previous few days had suggested it might.
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Sen. John McCain boorishly referred to his opponent, Sen. Barack Obama, as "that one" and ludicrously tried to blame him and "his cronies" for the financial crisis. But at least he didn't pick up on the despicable and xenophobic efforts of his running mate, Gov. Sarah Palin, to portray Sen. Obama as an alien figure and a friend of terrorists.

Sen. Obama, for his part, didn't misdirect the debate back to the savings-and-loan debacle of the 1980s and his rival's role in the "Keating Five" scandal, a mistake which Sen. McCain long ago admitted.

Unfortunately for Sen. McCain, that was about all the good news there was.

His biggest talking point, his proposal to spend more than $300 billion in federal funds -- to buy up bad home mortgages and renegotiate favorable terms for the homeowners -- doesn't really set him apart from Sen. Obama, who first suggested Sept. 24 that the rescue plan give the government the authority to buy mortgages directly.

It did, however, paint Sen. McCain as a man of two minds on federal spending, since he previously made a tighter budget a centerpiece of his approach toward a sounder economy.

The game-changer that Sen. McCain desperately needs was elusive in other respects. His desire to create nuclear power plants, for example, disregards that there is no prospective major investor for such a venture. Given a chance to define health care as a right, he whiffed and said it's a responsibility.

Meanwhile, his campaign's hopes that Sen. Obama would hurt himself went unfulfilled. Indeed, with a performance that was cool, articulate and informed, Sen. Obama undercut the McCain claim that he is too inexperienced to be president.

Sen. McCain went into the debate needing a home run to boost his sagging campaign. He emerged without a run batted in.

Editor's comment: Yep. So much for FREE market economy!

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