Just as the right wing McCain-Palin ticket continues with a tiny but shrinking national polling organization lead, still wrongfully attracting the votes of many working class victims of the failed Bush Administration economics which often took away their household prosperity, these voters need to seriously ask whether more of the same from the pro-corporate welfare McCain-Palin ticket won't only further reduce their wages, benefits or other financial security just as they struggle to make ends meet?
Monday was a critical day on Wall Street with plenty of bad news to go around. More companies will need government bailouts to continue in business and some banks may be on the verge of collapse as well. Working people with retirement savings invested as mutual funds could find themselves in some critical retirement security shortfalls, yet McCain only offered some wacky comments that were far less than reassuring.
John McCain has a pathetic 11% voting record in favor of issues impacting working people compared to the stellar 98% record of Obama, according to the AFL-CIO. And McCain has opposed increasing the minimum wage on a fairly consistent basis since he was sworn into office as a congressman in January 1983. McCain even supported a radical antilabor union bill that would have made the entire U.S. one big "right to work" state, thereby reducing wages and benefits of workers. Millions of workers would have seen huge wage and benefit reductions such as a possible loss of health insurance or retirement security.
Even in polling conducted by the McCain Campaign, there seems to be an obsession to ask those questioned whether they are union members or not. McCain is one of the most antilabor union candidates the Republicans have ever run for office. It is only through labor unions that many Americans have even been able to enjoy a rise to a middle class lifestyle or job security and home ownership. McCain puts this middle class lifestyle at great risk for working people. Is this really the sort of "reform" that working people really want?
Former Federal Reserve Board Chairman Alan Greenspan, who is both conservative and Republican oriented himself, even questions McCain's screwball economics. Greenspan does not believe that McCain can hand the big business community massive tax cuts without also cutting important social services such as Medicare or Social Security. Who wants to give away their retirement security for themselves or their parents just so that big oil companies can get some new billion dollar tax cuts when they are already reaping record profits? This is "reform"?
The fact of the mater is that McCain has never really ever run anything any larger than some small elective office with a few staffers. McCain has not actually run any business, yet he would direct so much of the economic policies that we all live under including the business community. On Monday when some serious financial news hit the country after news of the Lehman Brothers fall into bankruptcy, the huge stock decline over 50% for giant insurer AIG, and continued weakness of stocks for some banks such as Washington Mutual, McCain first made some out of touch statements condemning government regulations of business. Later in the morning when the McCain Campaign was concerned that such out of touch statements meant that McCain supported customers of banks losing their life savings which are currently federally insured up to $100,000, then the campaign tried to soften the statements.
It is typical Elmer Fuddry for this wacky campaign in which McCain makes a crazy statement, then his advisors go into damage control mode. But such a goofy approach to serious economic issues should be a serious warning to the voting public that McCain may be a high economic risk to their family.
Will the screwy McCain's economics that seem far more inspired by Elmer Fudd than Alan Greenspan allow banks to fail or other critical businesses harming the public while still advocating for multibillion dollar tax cuts to sectors such as the oil industry that certainly don't need those huge tax cuts. Is your money safe under McCain?
If McCain applied his record of years opposing decent wages, benefits and labor unions to working people in America, then millions could also only see huge wage and benefit cuts and be thrust into poverty as well. McCain-Palin could certainly make the current economic problems in the U.S. far worse than they already are. Home prices are dropping reducing the net worth of families, jobs are being threatened with unemployment, some banks may be on the verge of collapse, and elderly Mr. McCain hasn't a clue how to manage all this. It's way beyond his comprehension.
In his short career in the Senate, Senator Obama has at least proven that with a 98% support for working people issues that he won't throw millions of Americans under the bus to give huge tax cuts to the big oil companies or other nonsense like McCain seems to clearly advocate in his shallow one inch deep campaign built on petty personality attacks on Obama and advocacy for a few big greedy corporate interests like big oil. And with his role as a community organizer, Obama has also proven an ability to create lasting changes in a community for the better as well. Organizing poor people to vote for candidates who economically improve their community was an important first step in community improvement.
The fact of the matter is that with such serious economic challenges rapidly making the U.S. a declining world economic power, McCain only promises to worsen things with more of the same, but even worse economic policies than even Bush. The McCain Campaign continues to ridicule Obama for daring to even offer hope or a vision for a better America, instead asking voters to further economically decay this nation with the wrong sort of economic policies instead. McCain and Palin have no real vision for this country. Obama talks about creating millions in new jobs in high tech and alternate energy areas by comparison. McCain only wants to be president because he believes it's his turn because he's one of the oldest GOP senators. That's a pretty poor reason to elect the guy president. The old Soviet Politburo used to elect leaders to higher office based on the absurd same old-age criteria until they finally elected a young reformer Mikhail Gorbachev and improved decades of society economic and civil liberties declines.
Obama is the only major presidential candidate with a clear vision for America. He promises to challenge America to become great nation once again just like John Kennedy once did, when the U.S. became the undisputed world economic powerhouse and greatly respected worldwide. Instead McCain is a prowar candidate only certain to anger many in the world community and further isolate the United States in the world community in the U.N., and in other critical areas where international cooperation are needed among the over 200 world governments.
If you like economic decline and a further loss of U.S. prestige around the world, then McCain is clearly your man. But if you love your country and believe it is supposed to have a great and bright future then Obama is your clear choice. It is a clear choice between a rusted out, run down city on the hill, or a bright shining one with a real future.
Note: Wizbang Blue is now closed and our authors have moved on. Paul Hooson can now be found at Wizbang Pop!. Please come see him there!