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The Note: McCain Seeks New New Start
October 13, 2008 8:48 AM
ABC News' Rick Klein reports in Monday's Note:
These next three weeks -- and, perhaps, the next three decades or so of legacies -- comes down to a simple question: What does Johnny want?
Yes, he wants to be president. But underneath that question, things get trickier.
Does he want to run against Barack Obama or Barack Hussein Obama? (Is that choice still his?)
Will the campaign tone be set by John McCain himself, or McCain's party, some of McCain's strongest supporters, or McCain's running mate? (Which of those dogs pack the meanest bite?)
Does he put forward a new, tax-cutting economic proposal to train his focus on the only dominant issue that's out there? (Answer Monday morning: No -- he'd still rather turn the page.)
Read the rest of The Note -- and get all the latest on the 2008 election, Congress, the White House and the wide world of politics every day -- from Rick Klein by bookmarking this link.
Is McCain willing to lose a reputation to win a campaign? (And how many of his allies -- up to and including Sarah Palin -- know they have reputations that extend far beyond 2008?)
The Republican nominee trots out another new closing message Monday -- McCain the fighting underdog. "We've got them just where we want them," he plans to say Monday.
But he needs to break through is own clutter: Mixed messaging from his allies; a missing message on the campaign's big issue; a base that's threatening to bolt; a schedule that leaves him playing defense (in Virginia Monday); a running mate who's still answering (or not) key questions; a staff that's squabbling over the next move; a country that seems to be turning on him.
John McCain is, at this moment, losing: With a 90 percent wrong-track number, and President Bush beating Richard Nixon’s low, it’s Obama 53, McCain 43 in the new ABC News/Washington Post poll.
"Though every race is different, no presidential candidate has come back from an October deficit this large in pre-election polls dating to 1936," ABC polling director Gary Langer reports. The Palin pop is long gone: "Just 29 percent of his own supporters are 'very enthusiastic' about [McCain's] campaign, the fewest since August and down a sharp 17 points from his post-convention peak."
Three weeks out, "the two presidential nominees appear to be on opposite trajectories, with Sen. Barack Obama gaining momentum and Sen. John McCain stalled or losing ground on a range of issues and personal traits," Anne Kornblut and Jon Cohen write in The Washington Post. "Recent strategic shifts may have hurt the Republican nominee." And: "Among the reasons McCain's path to victory seems steeper is that the percentage of 'movable' voters continues to shrink."
Does he still have a chance? "The magnitude of Mr. McCain's task may leave him depending on a misstep by Mr. Obama or a national security crisis rather than on what he can achieve through speeches, advertising or a winning performance in the final debate on Wednesday," John Harwood writes in The New York Times.
Says former Bush strategist Matthew Dowd: "At this point . . . the campaign is totally out of John McCain's hands."
Continue reading today's Note by clicking HERE.
ABC News' Hope Ditto contributed to this report.
October 13, 2008 in Biden, Joe, Clinton, Bill, Clinton, Hillary, McCain, John, Obama, Barack, Palin, Sarah, Vote 2008: Democrats, Vote 2008: Republicans, Washington, White House | Permalink | User Comments (102)
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Is McCain willing to lose a reputation to win a campaign?
___________________________________________
That question has been answered loud and clear - YES.
Posted by: Paige | Oct 13, 2008 9:01:46 AM
Obama's Kenya campaign
http://www.washtimes.com/news/2008/oct/12/obamas-kenya-ghosts/
How will Obama spin this one.
Posted by: Jill | Oct 13, 2008 9:03:50 AM
Everyone knows that the only reason Obama is ahead in the polls is because of the economy hit while the other party was in charge. Other than that, he's a lightweight with few accomplishments. So because people are angry with the economy mess and the Repub party, they are choosing to vote for a man who wants to socialize the country. They are choosing to vote for a man who believes that botched abortion babies deserve to die. They are choosing to vote for a man with clear ties to ex-cons, radicals, and racists because they have helped to propel his political career. They are choosing to vote for a man with no experience. They are choosing to vote for a man that intends to force all employers to pay for the personal health care coverage for their employees - which by the way, used to be called a ''benefit'' not an order by anyone to do so. McCain is not my favorite person. And he's made mistakes, as we all have. But his record is clear, not fuzzy, and he is fighting an uphill battle due to the unfair publicity and is doing quite well in that respect. He knows foreign policy which is key, and he is a moderate, not conservative. He is not afraid to stand up and speak the truth. He does not deny his former associations with various people. He does not lie about his family and make one think things were a little different so that he looks good. That is the difference I see in the two people running for president of this country. I am sick of everything too, but it doesn''t mean that I lay down my principles and throw them in the gutter.
Posted by: msa123 | Oct 13, 2008 9:12:05 AM
How many new starts does it take.? He already canceled the new start he was promoting yesterday.
This is getting to be ridiculous, I'd laugh but there are still people who will vote for him.
Posted by: Thinking | Oct 13, 2008 9:13:23 AM
The McCain campaign is about pushing de-bunked conspiracy theories.
The Obama campaign is about addressing the American people.
There is no conspiracy in my checkbook so I'll stick with the candidate that actually addresses the problems of the American people.
Posted by: Michael | Oct 13, 2008 9:13:24 AM
There is a unique issue in this election. The left calls race when you catch Obama in a major lie on his relationship with Ayers. The relationship is bothersome to say the least, but the lie followed by threats of "playing with fire" is unacceptable. ABC is so transparent all the other polls show McCain is gaining on Obama so ABC doubles the margin of the other polls and claims that to be accurate. These polls all include likely voters and factor in all of the new voters that ACORN has made in exchange for 832K of Obama's money. Obama purchased registered voters from ACORN. The polls are inacurrate and unreliable.
Posted by: ubu1991 | Oct 13, 2008 9:13:48 AM
One of Barack Obama’s most potent campaign claims is that he’ll cut taxes for no less than 95% of “working families.” He’s even promising to cut taxes enough that the government’s tax share of GDP will be no more than 18.2% — which is lower than it is today.
It’s a clever pitch, because it lets him pose as a middle-class tax cutter while disguising that he’s also proposing one of the largest tax increases EVER on the other 5%. But how does he conjure this miracle, especially since more than a third of all Americans already pay NO income taxes at all? There are several sleights of hand, but the most creative is to redefine the meaning of “tax cut.”
For the Obama Democrats, a tax cut is no longer letting you keep more of what you earn. In their lexicon, a tax cut includes tens of billions of dollars in government HANDOUTS that are disguised by the phrase “tax credit.” Mr. Obama is proposing to create or expand no fewer than seven such credits for individuals.
Six of the seven listed in the Obama plan are these “refundables”, money people get from the federal government even if they pay no taxes at all. These are not “tax cuts” but instead WELFARE grants based on specific social policy. It’s blatant redistributionism, as the money comes from tax increases on the wealthy.
Obama’s plan actually makes people more dependent on federal government, and expands it significantly. It adds to the entitlement mentality while doing nothing about rewarding risk. This plan will penalize risk and encourage the wealthy to find even more shelters for their income and capital, more likely outside the US, which will mean fewer jobs and fewer opportunities.
The last thing this economy needs is a flight of capital. We need that money invested in America to create jobs, not hidden away from an aggressively redistributionist federal government. We should be reducing taxes, but not giving more money to people who don’t pay any at all.
Posted by: Obama's "Tax Cut" = Welfare and Socialist Re-distribution of Wealth | Oct 13, 2008 9:15:37 AM
Obama can address all he wants. He has accomplished little if anything to date. The only reason he is ahead in the polls is by default, because everyone is mad at the 'other party' - not McCain, but the party he belongs to. Obama's nothing. He's just a man in the right place at the right time. Nearly every election he's been in has been like that. He wins by default. If he wins this one that way, we are all in for a big surprise when we realize what and who we just voted into leader of our country. It's as if everyone is closing their eyes and pulling the lever 'for the other guy' with grand illusions that he will magically be able to fix everything. Dream on.
Posted by: msa123 | Oct 13, 2008 9:16:33 AM
How can we expect McCain to run our country when he can't run his own campaign?
Posted by: Mortimer Snerd | Oct 13, 2008 9:18:58 AM
So McCain is going to pretend that the last 3 or 4 months never happened?
How do you "re-start" with 3 weeks to go?
I don't want someone who changes his ideas every week as McCain seems to.
In another article (linked to on this page...about McCain NOT wanting to propose new economic plans) McCain says that voters want a candidate, "with knowledge and vision". And finally he's right! And that candidate has shown he is has knowledge and has vision...and that person is known as "That One" to Mr. McSame.
Posted by: Greg in MN | Oct 13, 2008 9:19:23 AM
You got it right "Obama's Tax Cut=Welfare". I swear to you right now if he gets in I will be the first one to shut down my business and get in the welfare line. Hell, I can even get insurance coverage for free too.
The man is greatest con artist with his 'grand plan' that I've ever seen. He should get some kind of award if he pulls it off. Oh yeah, I guess that would be the job of the presidency of the US.
Posted by: msa123 | Oct 13, 2008 9:19:46 AM
Quote: "I don't want someone who changes his ideas every week as McCain seems to."
Or, we could have someone like Obama who sits and waits to see how things play out and then comes up with the idea that has already proven to work. ie. the surge. McCain is a steady hand and you know it, because of his record. McCain has a record to look at. The only steady hand that Obama has is the one on the steering wheel of his political career. And Obama has no record of any accomplishments or proof of a steady hand. He's just a former attorney and junior senator and he's barely been that for long. How can you say any different, except that he keeps chanting the same words every day?
Posted by: msa123 | Oct 13, 2008 9:25:06 AM
The only thing worse than biased reporting is Veiled biased reporting.
9 years ago—this one is priceless and worth the read- right out of New York Times
September 30, 1999
Fannie Mae
Eases Credit To Aid Mortgage Lending
By STEVEN
A. HOLMES
In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.
The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage t hose banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they
hope to make it a nationwide program by next spring.
Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.
In addition, banks, thrift institutions and mortgage companies have been pressing Fannie Mae to help them make more loans to so-called subprime borrowers. These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies that charge much higher interest rates -- anywhere from three to four percentage points higher than conventional loans.
''Fannie Mae has expanded home ownership for millions of families in the 1990's by reducing down payment requirements,'' said Franklin D. Raines, Fannie Mae's chairman and chief executive officer. ''Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market.''
Demographic information on these borrowers is sketchy. But at least one study indicates that 18 percent of the loans in the subprime market went to black borrowers, compared to 5 per cent of loans in the conventional loan market.
In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to
that of the savings and loan industry in the 1980's.
''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the
American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''
Under Fannie Mae's pilot program, consumers who qualify can secure a mortgage with an interest rate one percentage point above that of a conventional,
30-year fixed rate mortgage of less than $240,000 -- a rate that currently averages about 7.76 per cent. If the borrower makes his or her monthly payments on time for two years, the one percentage point premium is dropped.
Fannie Mae, the nation's biggest underwriter of home mortgages, does not lend money directly to consumers. Instead, it purchases loans that banks make on what is called the secondary market. By ex pan ding the type of loans that it will buy, Fannie Mae is hoping to spur banks to make more loans to people with less-than-stellar credit ratings.
HERE IS WHAT BILL CLINTON HAS TO SAY:
Bill Clinton knows who is responsible for this NATIONAL CRISIS!
PRESIDENT BILL CLINTON: "I think the responsibility that the Democrats have may rest more in resisting any efforts by Republicans in the Congress or by me when I was President to put some standards and tighten up a little on Fannie Mae and Freddie Mac."
ANNCR: You're right, Mr. President. It didn't have to happen
Posted by: stephen50 | Oct 13, 2008 9:27:49 AM
Obama is smart. He is astutely aware of the power of repetition. Keep repeating the same answers and slogans over and over again, and soon, they become "the truth". Think about it. He was only 8 yrs old when Ayers bombed people and now the guy is a just a goofy old professor - albeit one that is not the least bit remorseful for what he has done. And there was more to the relationship than sitting on the education board. But since that is all he has been saying, over and over and over again, his followers repeat the same thing. Even though they don't really know the truth, unless they've read up on it. He just keeps saying the same chants, and it becomes 'truth'. I wonder how many times we can count that he has said the same thing over and over. He never wavers. He's smart. Too smart for many American people I would say. And people see this as a 'steady hand'.
Posted by: msa123 | Oct 13, 2008 9:29:22 AM
The Note: McCain Seeks New New Start
.... again?
Posted by: Gigi | Oct 13, 2008 9:29:46 AM
Issues and solutions:
CHANGE:
McCain has challenged both the Republican and Democratic Machines. Obama has NEVER voted against the Democratic political line. Obama wants to change from the Republican political machine to the Democratic political machine.
TRUTH:
McCain is honest about challenges and sacrifice needed for what is best for the nation. But who wants to vote for that.
Obama doesn't lie. Obama makes "political promises" of free stuff, subsidies, and lower taxes. Free and/or subsidized: health care, education, mortgage payments, and every thing else you think he said. Who wouldn't vote for that?
In the last debate he now wants to subsidize the economies of the former USSR satellites!
ECONOMY and ECONOMICS:
To pay for this he wants to increase capital gains taxes. Doesn't he know the 401k's have lost money big time? There are no capital gains to tax! He wants to increase taxes on big business. Doesn't he know many are LOSING money or going bankrupt? Where are the profits to tax? I know he didn't major in math or business or economics, neither did I, but even I know this just doesn't add up!
WAR AND MILITARY:
He also wants to reduce military spending. He expects free national security? But he expects the military to be ready and able to go into Pakistan and get Binladen. Plus be ready to go into any country where there is injustice like genocide or what ever. Should they use rowboats and sling shots?
AND he wants ALL young Americans, not just the poor, to either serve in the military, or government foreign service or peace corp. How does he expect to pay for this? Volunteer labor? Forced free labor??
EXPERIENCE:
Palin does not have enough experience to be VP. But as VP she can learn on the job. Obama has more experience than... than... er... ahh... Oh Ya! Palin! (Except of course when it comes to an actual leadership position making actual decisions; and writing actual legislation... but what an autobiographer!). I really don't want my president learning on the job. (Oh I learned I have to increase taxes. Oh I learned when I reduced the military we couldn't stop the terrorists from attacking. Oh I learned that it was actually the Democrats that caused the sub prime mess that took down the US economy.)
If you vote for free stuff and lower taxes and no war then you are as dumb as Obama thinks you are.
Posted by: stephen50 | Oct 13, 2008 9:30:01 AM
I think is campaign managers and Sartah palin would say
yes
they are willing to lose McCain's reputation for their right wing nut jobs.
the same ones that got us the last 8 years.
throw these "blech" back to where they crawled out of...
and lets get the old John mcCain back in the Senate
if he changes his...er...their... tone this week
Posted by: dl | Oct 13, 2008 9:30:36 AM
America
Please remember wmd...Katrina...
and these same idiots using the same tactics to get you the last 8 years...
don't let the morons above steal your country for another destructive 8 years
throw these ignorant moronic scum out.
Posted by: dl | Oct 13, 2008 9:32:09 AM
Starting over is difficult when we give in to the forces of fear. We can never go backwards - we can only go forward. .......
http://thefiresidepost.com/2008/10/12/obamas-journey-dont-stop-believing/
Posted by: Ohg Rea Tone | Oct 13, 2008 9:38:34 AM
Want McCain wants is perhaps not even the question. He seems, for the last few months, to be a man at the mercy of his campaign. And Rick Davis and Steve Schmidt certainly have their own baleful ideas. If McCain is able to be his own man - I certainly haven't seen it yet.
In other campaign matters - I find it OUTRAGEOUS that the troopergate report, and Palin's lying reaction to it, are not more in the news. The Washington Post - as far as I saw - NO Mention of it. After waiting for the report for weeks, to let it die quietly over the weekend is disgraceful. We've been subject to god knows how many mentions of William Ayers over the last week - well Obama's last contact with him was when - years ago? Yet Palin fired Walt Monegan this year - abused her power, violated Alaska state ethics, and let her chump husband run amok - and this isn't front page news???? Is the media afraid of this DIM ridiculous woman?
Posted by: jon in maryland | Oct 13, 2008 9:40:08 AM
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