[quote author="jefa" date=1224044733][quote author="Anonymous" date=1224042693]I think it's interesting that all the socalist economic policy is being passed under Bush - who is way more of a free market guy than either Obama or McCain.
That implies to me that the right economic policies will be passed (Bernake/Paulson/Bair anyone?) regardless of who wins.
In which case, would prefer McCain win just so there is some kind of check & balance left in Federal Govt - so that dissenting POV can make sense of things in the heat of economic battle (ex. like how the Dems grafted the buying bank equity onto the Paulson proposal, and now it's getting used). Either party with complete control of the presidency + House + Senate in a time of panic seems like a recipie for disaster. If both parties have to cooperate, more likely something sensible rather than purely ideological will happen.</blockquote>
I'd agree with you except that thus far McCain has seemed to have no clue what to do with the economy. Not that I think Obama's been such great shakes, but he has grabbed smart guys to talk to (Volcker, Buffett, Rubin, etc). McCain taps Fiorina, Meg Whitman and Phil Gramm. ?? I don't know who the Republican economic heavyweights are (Paulson maybe?). Who would you chose? But I can tell McCain isn't talking to those guys. If he is pointing his finger to Meg Whitman while this crisis is going on, then what does that mean for the future?
As for the masses supporting Obama and the masses supporting McCain, I too hope that the extremists you see on TV don't represent the majority groups. I hope they're the fringe. I think our political process makes people dumber though. The TV is so antaganostic, it makes people start defending ridiculous things. Like saying Obama is a terrorist, or saying McCain is the lord of all evil.
I've always liked McCain, but the Palin pick scared me and his lack of economic direction (especially tapping any economic advisor of substance) seriously worries me. He has a long history showing what he would do in a war situation, but his economic policy has been deferred to "whatever Phil Gramm says" I don't know if he believes in the Phil Gramm philosophy, and I get the impression it's an issue that's not really on his radar. And now that we're in real trouble, I feel like he still doesn't know what he really thinks about any of it. But he sure does admire Fedex and Ebay. And any other name that the American people would have heard of through CNN. Are those the real experts who will save us? What kind of presidency would that make? A blundering one I think.
McCain is about destroying corrupt people. I like that about him. But destroying corrupt people is not going to fix this crisis. It will be entertaining, but not a fix. Give me Warren Buffett for a fix. Or Volcker. It's all about the people you pick.</blockquote>
1. Does Bush have clue?
2. Is the US doing the sensible, this is proven by history economic thing anyhow, just like the Europeans?