Obama Debates in Platitudes

Obama limped his way though the debate railing about greed and his proclaiming appreciation for the middle class. Bush is bad, really bad, McCain agrees with Bush. I hate to inform Sen. Obama that President Bush is barred by Constitutional Amendment from seeking a third term. His portrayal of Sen. McCain as a, “Yes man,” to the administration couldn’t be farther from the truth.

One thing that I thought was telling was his insistence that higher taxes will help the economic recovery. Taxes never stimulate an economy. He said he will tax the “Rich,” and corporations. Unfortunately he mistakenly believes that Corporations pay taxes at all. Any business entity that is regulated or taxed adds these expenses to the cost of the service that they provide. Consumers pay for government regulation and taxation. It always has been this way and it always will be. “Corporate greed. Wall St. Vs. Main St.” These are sentiments that are easy to demagogue. Tax a business long enough and you can cause it to go bankrupt. How so? You inflate their operating cost to the point where they can no longer compete in the global economy. They will either go somewhere else or they will cease to be.

Interfere in the Housing Market as the Government has and you can create a crisis that necessitates more government interference in the free market. Obama is on the wrong side of the Credit Crunch. He is a man who believes in the absolute purity of Government intentions regardless of the consequences. Wall St. is evil and Government is the solution. Government is the problem, not the solution. It’s easy to say that all of our woes are the result of “Greed.” It’s not nearly so easy to say that the current crisis was created by, “Well-intentioned but thoroughly misguided mandates which required lenders to extend credit to people who had not earned it.”

These mandates injected huge amounts of capital into the housing market which created the housing bubble. When the housing bubble burst, blame the people who were forced to make bad loans, rather than the people who did the Forcing. Politics as usual, certainly not “Change,” as Barak Obama has promised.

I do not think that McCain out debated Obama, but his foreign policy credentials tower over Obama’s. When Obama was confronted with specifics he deferred to McCain. Obama looked silly. Not in a Gotcha sort of sense. It was in a very real sense that anytime he was confronted with real world events his way out was to agree with McCain.

I can easily see how that people who do not dig into issues for themselves could say that Obama won the debate. It’s easy to spout platitudes, it is difficult to tackle the tough issues. When Obama attempted to respond to McCain’s bracelet comment he looked petty and hollow, the sad thing is that during the entire election he has come across as just that. It got him a primary win so why change now. The media is complicit in this success. They play gotcha with McCain and mouth anything that Democrats say. The scrutiny applied to Palin would devastate Obama and they well know it. That’s why it is so conspicuously absent.