Strategy ’08

Obama vs. the other guy, 2008

AP: McCain Bets (one of his) Houses, Craps Out


The AP comes through with what I think is a comprehensive article on the bailout fiasco.


The house always wins, gamblers are warned, and the U.S. House made John McCain pay Monday for his politically risky, high-profile involvement in a financial rescue plan that came crashing down, mainly at the hands of his fellow Republicans.

The bill’s defeat can hardly be blamed on the GOP presidential nominee, and it’s possible that a revised measure might succeed. But by his own actions last week, McCain tied himself far more tightly to the failed bill than did his Democratic opponent, Barack Obama.

Setting aside the economic consequences for now (and frankly, such analysis is beyond my pay grade), and looking at the political consequences, it’s hard to see how McCain could have played this worse.

First, we had McCain suspending his campaign (though not really) to work on the bill. In the meeting, McCain does nothing of consequence. After claiming he will not attend the debate, he changes his mind.

Over the weekend, he goes back to DC to work on the bill. He doesn’t do much except have a double date with Joe Lieberman.

Monday, he crows about getting the GOP House on board, only to see it all fall apart. All hell breaks loose, ending with McCain making a completely nonsensical argument:

“Now is not the time to fix the blame. It’s time to fix the problem,” McCain says, not long after his campaign blamed Obama and Pelosi for killing the bill.

Then he blames Obama and the Democrats: “Sen. Obama and his allies in Congress infused unnecessary partisanship into the process.”

“I would hope that all our leaders — all of them — can put aside short-term political goals and focus on what’s best for the American people,” he says.

I don’t know how this will end up; my guess is we get a stripped down bill with stricter oversight, but it’s hard to see how this ends well for McCain politically.


September 30, 2008 - Posted by | Economy, Media Strategy | , , , , ,


  1. McCain has changed his position on this issue, what, nine times now? It’s almost like we have to stay tuned to FOX NEWS to see what his core beliefs are gonna be every hour.

    Comment by Kurt | September 30, 2008 | Reply

  2. how about this: McCain’s rolls up his sleeves and goes in and knocks some heads around?

    Heh. Not gonna happen. Number One: McCain is a slacker….he DOES phone it in. Number two: his party hates him.

    Comment by netrootnews | September 30, 2008 | Reply

  3. Well, the “great man” has just used Clinton’s words against Obama. Here we go again:

    Comment by Suzie Q (not the blogger) | September 30, 2008 | Reply

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