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Parsing the (Tracking) Poll: It's the Economy, Stupid

The latest Washington Post/ABC News tracking poll -- released daily at 5 p.m. ET on the Behind the Numbers blog -- shows Barack Obama's nine-point edge over John McCain holding steady. (Not sure what a tracking poll is? Check this out.)

A look inside the numbers reveals (yet again) the extent to which the economic crisis has fundamentally altered the playing field in Obama's favor.

Asked which candidate they trusted more to handle the economy, 55 percent said Obama while just 38 percent chose McCain in the latest track.

On Sept. 7 -- the day the government bailed out Fannie Mae and Freddie Mac and the financial crisis became a living, breathing thing for average Americans -- Obama's margin on that same question was just five points in a Post/ABC poll.

By late September when the economic crisis was in full swing, Obama had opened up a 14-point margin and by the second week of October the Illinois Senator held a 17-point edge.

The direct correlation between the collapse of the economy and the rise of Obama as a trusted messenger on the issue is hard to ignore. And, in an election where more than half -- 52 percent in the latest Post/ABC track -- of voters say the economy is the single most important issue in deciding their vote, it's not difficult to understand how the financial crisis has put Obama in the pole position with just 13 days to go before voters vote.

In short: It's the economy, stupid.

By Chris Cillizza  |  October 22, 2008; 5:50 AM ET
Categories:  Eye on 2008 , Parsing the Polls  
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Next: Exploring the Unknowns

Comments

* If the economy is not working for Sen. McCain, THEN MAYBE HE SHOULD CONCENTRATE A LITTLE MORE ON HIS STRENGTHS.

* He can also gain credibility and voters confidence by getting Gov. Jindal, Gov. Romney, Gov. Huckabee, and Ms. Firiona to speak for him on TV and campaign trail (credibility through association).

* Sen. McCain also needs to figure out which voters are sitting on the fence, so he can focus more on these people in next 2 weeks.

* He needs to relate his policies and message to these targeted voters needs.

BTW, this Bill Aires stuff that Rep. keeps talking about seems not to be working. I think it is diminishing Rep. credibility and making them seem desperate and foolish.

Posted by: lazerboy | October 23, 2008 12:15 AM | Report abuse

Actually, being a good ole fan of the Indy 500, Barack is starting from about the Number two position. The pole goes to the fastest qualifier on the first day of qualifications, but the winner as much more likely to be the number two or number three position, because of everything up to the fact that the number three position gets a slight head start because the pace car exits from in front of the pole position car.

Barack is more of a Parnelli Jones, or an AJ Foyt, in that he ran a winning race from the beginning of the race year, carefully setting up for everything from qualifying.

Posted by: ceflynline | October 22, 2008 5:15 PM | Report abuse

There is no brain surgery here. Barack has talked to people about what is important to THE PEOPLE. McCain has talked to people about what is important to HIM. Go figure why the polls are what they are!!!!

Posted by: gtnaustin | October 22, 2008 2:43 PM | Report abuse

Our present economic problems are complex,

but one main reason the "politically correct" media keeps overlooking,

and that is the huge economic burden subjected upon our country by the

over 37 million ILLEGALS sucking the lifeblood out of our country.

Why doesn't Chris Cillizza and others at WaPo ever address THAT reason for the sad state of our economy?

Our economy is saddled with having to provide millions of illegals "free" medical care and many other things borne by taxpayers.

Many hospitals in the U.S. have gone bankrupt from having to provide free medical care to illegals.

And both health care insurance and automobile insuranced rates have skyrocketed from having to bear the hospital costs, etc. and the costs of illegals with no insurance causing accidents driving motor vehicles.

Plus there have been OVER SIX TIMES AS MANY AMERICANS KILLED BY ILLEGALS as the number of U.S. soldiers killed in Iraq.

Not to mention also a crime rate for illegals over sixtimes higher than U.S. citizens and others here legally.

The cost of apprehending illegals and prosecuting illegals, then housing them in prisons, runs into many BILLIONS of dollars yearly.

Imagine too how many more jobs would be available to our own country's people if jobs weren't being OUTSOURCED RIGHT UNDER OUR VERY NOSES to the over 37 million illegals here, not to mention to others outside the United States.

Are the illegals solely to blame for our present economic woes? Of course not. But they are certainly one of the MAIN reasons!

So why isn't Chris Cillizza and others at WaPo attacking this cause of our economic problems as vigorously as they attack other causes of it?

I think Nancy Pelosi-style "political correctness"
is destroying our country more than anything else.

And THAT is exactly what Obama embodies.

Anyone who votes for Obama is either incredibly naive,

or hates our country.

How else can it be explained?

"Political correctness" is not "change."

It is a sickness.


Posted by: tncdel | October 22, 2008 1:31 PM | Report abuse

I wish Chris would publish the "inside" findings of those polls on voter concerns about the economy. The #1 concern is job loss and the #1 ISSUE is OUTSOURCING! The voters want outsourcing ended and understand that Congress can end it. One unintended consequence of the H1-B and L-1 visa programs has been that, once their visa stay has ended or they loose their jobs due to their host company's downsizing, those guest workers stay. So, as explained in an article in todays WaPost, we have more than 3 million former H1-B workers running round this country, driving taxi's, washing dishes, in general working under the table in a variety of jobs and ever last one of them a burden on the taxpayer for medical help and social services. The companies that brought these guest workers here to begin with, the companies that laid off a U.S. worker and replaced them with these 21st Century indentured servants, simply walked away, sticking us with another bailout. You can thank KMichaels and like crooks and parasites for this mess, too.

Posted by: mibrooks27 | October 22, 2008 12:53 PM | Report abuse

My opinion of John McCain as a prospective executive took a big dive after it became obvious that he was caught unprepared, ignorant, uninformed and with no clue or message when the economic crisis did break into headlines. It only compounded what was the totally bumbling incompetence and lack of message of his campaign following upon his great convention. From seriously mishandling Palin (virtually destroying her public image and career for her) to resorting to tired old character attacks when Obama took the lead, McCain's campaign has been very badly run since his good convention.

"It's the economy, stupid". And "stupid" seems to apply to John McCain, who apparently thought he could totally tune it out this year.

McCain lost a lot of credibility and seriously damaged himself, on economic policy bumblings after the Lehman failure and its subsequent toll. It's hard to see how he could recover from that.

Posted by: AsperGirl | October 22, 2008 9:45 AM |

Aspergirl, are you actually going to vote for Obama? This could be a watershed moment for the Obama campaign! The vitriol you have spewed toward Obama since the primaries has been something (disgusting) to behold. WOW!

Posted by: NMModerate1 | October 22, 2008 12:47 PM | Report abuse

One thing is robo-calls. But what about all the ReUGLYcan robo-poster on these blogs - they're just amazin'!

It's like their eyes are plastered shut with globs of sauerkraut and and their ears are plugged with pork wurst.

LALALALALA - McCAin ist gut und Obama ist nicht gut LALALALALALALA - McCain ist gut und Obama ist nicht gut -LALALALALA ...and on and on...


Posted by: VMR1 | October 22, 2008 12:44 PM | Report abuse


KMichaels (sarcastically) said:

"Obama, Agent for Change."
---

Yes he is, for most of us. For the REAL Americans.
For the likes of you he'll probably be more like Agent Orange.

Posted by: VMR1 | October 22, 2008 12:30 PM | Report abuse

Remember in the words of the great liberal president JFK "Ask not what your country can do for you but ask what you can do for your country".

Posted by: leapin | October 22, 2008 12:18 PM | Report abuse

Wow.

Alaska polls.

McCain has gone from +31 to +11 in one month.

Could Alaska go Obama??

Guess Sara ain't as popular as she thinks.

Posted by: wpost4112 | October 22, 2008 11:59 AM | Report abuse

The latest polls (Wall Street Journal, no less) show that McCain's fall in support is primarily cause by his pick of Sarah Palin.

Her five minutes of fame are over.

Deo gratias!

Posted by: wpost4112 | October 22, 2008 11:54 AM | Report abuse

We will never know if the Obama surge was due to the terrible economic news or to McCain's inept responses to it compared to Obama's on-target responses.

Also, all these comments that blame the media for McCain's poor standing are so poorly informed! No one over the years has been more beloved by the media than McCain.

Posted by: Byron5 | October 22, 2008 11:51 AM | Report abuse

Reading the comments below really makes me realize that even after all the articles and information about this financial crisis, people still know very little about what caused this mess.

Freddie and Fannie aren't the cause of the financial meltdown; their failure were the effects. Even the bad mortgages (which Freddie and Fannie aren't responsible for-- they didn't issue them, they just bought them from banks) aren't really what made things bad. If the mortgages had been contained to the institutions that issued them, those institutions would be in a mess (similar to the S&L mess of the late 80's/early 90's) but they wouldn't have put the entire economy in jeopardy.

No, what really took down the system were the credit derivatives that flourished based on those mortgages. Because of the failure to regulate those derivatives (which can be directly traced to Phil Gramm's addition to the Commodity Futures Modernization Act in 2000), the CDO market grew unchecked to a $47 trillion market. When the underlying mortgages went bad, all those derivatives (which were many times the amount of the mortgages) went bad as well. That's when we saw the investment banks on Wall Street go down.

Freddie and Fannie are in some regard a red herring in this whole demonization aftermath. Yes, they are not in the best shape, but they will survive. The same cannot be said of the investment banks holding the derivatives that went down.

Sadly, the political leaders who keep harping on Fannie and Freddie only reveal their own ignorance about what really ails our financial system. (Yeah, I'm looking at you, McCain.) Those people can't be trusted to fix it.

People should read the back articles of this own paper's business writer Steve Pearlstein. He explains it all pretty well, in an understandable way for people not in finance, but with all the details.

Posted by: Pupster | October 22, 2008 11:48 AM | Report abuse

Obama's other grandmother is still rotting in absolute poverty living off of 1$ per month. Michelles last dress could buy his black granny 20 years worth of her current living. Michelles last meal could pay for 3 years of Obama's black granny in Kenya.

Obama's black brother in Kenya is also living in a different shack also living off of about 1$ per month.

Ah, the kindhearted nature of Obama is just stunning.

I kind of figured though that when the real Messiah showed up that he would be a bit more kind and a bit less of a self-promoting blowhard that Obama proves to be.

Jesus, near death, was thinking of his mother, and asked one of his followers to please take care of his mother as though she were his own mother. Jesus motioning his mother to the follower stated, Mother, behold thy son. Then motioning to his follower, he stated, Behold thy mother. Jesus, even near death thought of others first.

Obama, behold thy grandmother, living in absolute poverty. Ah, I dont have the time, I have some personal glory to obtain to.

Obama, behold thy brother, living off of just a few dollars. Ah, I would like to. Maybe I could raise the taxes to help pay for him when I get around to it.

Records show that McCain gave 1800 percent more to charity than did Obama from his own personal funds.

Obama, Agent for Change.

Posted by: KMichaels | October 22, 2008 11:45 AM | Report abuse

This topic doesn't merit much discussion. All of history is economy-driven.

Of course, it's the economy.

Food/shelter are always most important...when they are in jeopardy, ideology flies..and is often tossed...right out the window.

Center America will not vote for a man who can't handle more than one crisis at at a time (and poorly at that) or a woman who knows little more than an eighth grader.

They will vote for someone with brains and steady nerves...be they black brown or any color whatsoever. Looming poverty trumps racism, religion, ideology, and any radio or TV pundit.

History proves this over and over and over.

Posted by: wpost4112 | October 22, 2008 11:45 AM | Report abuse

All of the "McCain isn't out of it yet" articles in the media are making me laugh. They want it to be a close election, so everyone will be glued to the Internet or their television sets in early November. From where I sit, though, unless something really jarring happens, McCain's goose is cooked!

Obama's leaving for Hawaii tomorrow. He'll be taking a day and a half off from campaigning to visit his sick grandmother. If a person is really frail before he/she breaks a hip, the chances of recovery are quite slim.

Posted by: Heron | October 22, 2008 11:44 AM | Report abuse

"Yes, we're longtime Dems - now supporting McCain BECAUSE of the financial crisis created by the Dems and Bush.
Barney Frank and Chris Dodd should be removed from their respective chairs! for IGNORING WARNINGS from McCain and federal regulators that Fannie and Freddie were impending crises.

We need checks and balances which we won't have with a Dem Congress and Obama."


---------------

Mccain is such a compulsive liar he doesn't know what he is saying half the time anymore. A copy of what he wrote is available but he could care less, lying is so ingrained in him. He sent a letter regarding something about accounting, nothing about an impending crises. I guess if he sent someone a birthday card there he could also say he sent a letter to Fannie and Freddie. Does the content of what he wrote matter to you at all?
Isn't there a point in your life just as an American citizen you get tired of being lied to?

a little about John Mccain the liar I wrote a while ago.

JOHN MCCAIN, HE REGARDS LYING AS AN ART HE IS PROUD OF AND BRAGS ABOUT IT

I heard Mccain say something once I found interesting in light of this election. He was talking and braged that one of the things he learned as a POW was the ability to lie and be deceptive. Look you right in the face and lie. He said you had to if you were to survive as a POW. This was at a VFW hall he was speaking at around the time he wrote one of his books. I knew nothing about Mccain at the time and being president was far in his future. It stuck with me though and I was reminded of it in this election. When cornered Mccain will say or do anything to survive. I believe Mccain has no problem telling lies even today, including professing to being a straight talker. He lies about being honest. He is a walking catch-22. Is he lying when he says he is not lying? With him the truth is what ever serves his needs at the time he says it. You have been seeing it the last few months as he swears he didn't say something he said only the day before and continues the lie even in the face of proof like a tape of him saying it. Lying to Mccain is a tool, I suspect that has served him well all his life be it in his private life, such as cheating on his wife, or in politics. Mccain is not a compulsive liar, he is a well practiced liar.


Posted by: popasmoke | October 22, 2008 11:40 AM | Report abuse

No need to worry aboyt BO's middle name anymore he is changing it to "Santa".

Posted by: leapin | October 22, 2008 11:32 AM | Report abuse

These pretzels are making me thirsty, AGAIN. Stick to teh topic....this is the only site where every question is answered with...but, Timmy eats cake.

Posted by: J_thinks | October 22, 2008 11:31 AM | Report abuse

"Yes, we're longtime Dems - now supporting McCain BECAUSE of the financial crisis created by the Dems and Bush.
Barney Frank and Chris Dodd should be removed from their respective chairs! for IGNORING WARNINGS from McCain and federal regulators that Fannie and Freddie were impending crises.

We need checks and balances which we won't have with a Dem Congress and Obama."

Right, ace, longtime Dems would write such a screed. Nice try. NOT


Posted by: koolkat_1960 | October 22, 2008 11:24 AM | Report abuse

Obama is down here in Richmond today. Gorgeous day for gathering! Glad my transplanted Yankee vote is helping turn Virginia blue. Thomas Jefferson is smiling today.

Posted by: wpost4112 | October 22, 2008 11:08 AM | Report abuse

------------------
Anyone know why Obama is still not in Hawaii yet? Did the campaign push back the visit to his grandmother until the weekend?

Posted by: Fuzzy21 | October 22, 2008 10:14 AM | Report abuse
------------------

She's got a broken hip & isn't going anywhere!

Posted by: AsperGirl | October 22, 2008 11:08 AM | Report abuse

Thanks for the info popasmoke. For some reason, CNN made it seem like he would be campaigning in Florida tomorrow so I thought maybe he pushed back the visit to the weekend. A broken hip is very serious to someone in their 80s. After reading her biography, I can tell his grandmother is obviously a very determined woman who sacrificed a lot for her grandson. I'm sure she will pull through and hopefully witness her grandson elected President of the United States. My prayers and thoughts are with her.

Posted by: Fuzzy21 | October 22, 2008 10:57 AM | Report abuse

dimwit prattled:

Obama and his surrogates have waged a very divisive HATEmongering campaign - and given an "anything goes" license to his bots.
Obama has based his entire campaign on hatemongering and race-baiting. But none of it would have worked without the media's assistance.

Dems for McCain/Palin
-----------------------

LOL. You're about as much a Democrat as Rush Limbaugh is a journalist.

Take your Ritalin and play your nasty games elsewhere.

You have degraded the human race enough today.

Posted by: wpost4112 | October 22, 2008 10:57 AM | Report abuse

For those who find this stuff interesting
Obama now has a staggering 73 point lead on intrade.
Mccain is on the verge dropping into single digits while Obama is in the mid 80's
I guess there is an opportunity here for all those Mccain fans. Make like 9 times your money. Better jump on it before others find out Mccain has Obama right where he wants him.

Posted by: popasmoke | October 22, 2008 10:52 AM | Report abuse

Interesting story worth the read

http://www.wvgazette.com/News/200810210727

Posted by: popasmoke | October 22, 2008 10:42 AM | Report abuse

I couldn't help but notice the Wall Street Journal's headline this AM:

"Obama Opens Double-Digit Lead"

As usual, one poll doesn't mean much, but its particularly noteworthy, given the Journal's reputation as being particularly conservative.

Posted by: bsimon1 | October 22, 2008 10:34 AM | Report abuse

That may be the shortest comeback in presidential election history.

Socialist and terrorist didn't stick. What's next, wing-nut sockpuppets?

Posted by: HammeroftheStupid | October 22, 2008 10:33 AM | Report abuse

angie 12106 wrote:

"Yes, we are long time Dems - now supporting McCain BECAUSE of the financial crisis created by the Dems and Bush."
-----------------------


First time I come across a gem like the one here.

Tell me angie, Chimpy and his Veep have been kept hostage by your party, doing what they were ordered to do by the Dems for almost 8 long years. Right?

Which means that the GOP never held the majority in Congress (both houses) till 2006?

You are joking, aren't you? Or maybe angie is, in fact, mischevous Sarah using an alias and throwing a bull like the one here.

I'll have your priceless post framed and fixed on the wall in my room. Just in front of my desk.

Every time I'm upset, sure as hell this'll cheer me up. lol!

Thanks for this funny stuff.

Takes al kind of people!

Posted by: boubker3 | October 22, 2008 10:30 AM | Report abuse

chickenlittle hyperventilated:
But hey - NBC refused to report Biden's comments - a sad reminder of "news" in Germany, circa 1938.
Scary!

-------------

The only thing that is scary are people like you who have fuzz where brain cells belong.

There was no "news" in 1938 Germany. No internet. No TV. Hitler succeeded in large part because most of Germany lived on news-free farms and in news-free towns....easily susceptible to the "anti-German" Nazi propaganda.

Overt propaganda, like the kind practiced by Palin and her "anti-American" BS, is a universe away from a decision to pass on a meaningless gaffe by a politician.

You are an insult to all those who died under Nazi oppression.

You are an insult to human intelligence anywhere. Fortunately, an overwhelming portion of the USA agrees.

Posted by: wpost4112 | October 22, 2008 10:29 AM | Report abuse

-------------
Anyone know why Obama is still not in Hawaii yet? Did the campaign push back the visit to his grandmother until the weekend?

Posted by: Fuzzy21 | October 22, 2008 10:14 AM | Report abuse
------------------

I can answer that question. He will be there on Thursday as he said. She is not at deaths door but broke her hip. For a person of her age this is serious. Next he also has priorities and one of them is the other is the other 305 million people in this country who need him to win this election. His grandmother would be the first one to tell him to stay out there on the trail and get this done. It would be an insult to her to do otherwise. I am sure they are in communications and speak everyday. Mt wife told Obama yesterday she was praying for his grandmother and he thanked her and said she should be OK but age is age and he wanted to visit her.

Posted by: popasmoke | October 22, 2008 10:24 AM | Report abuse

There is more to this than the economy - the economic crisis was the catalyst - but the resulting campaign styles crystallized the image of the two candidates. McCain dropped in esteem while Obama rode the wave. ................

http://thefiresidepost.com/2008/10/21/senator-obama-to-sir-with-love-2/

Posted by: glclark4750 | October 22, 2008 10:24 AM | Report abuse

Obama and his surrogates have waged a very divisive HATEmongering campaign - and given an "anything goes" license to his bots.
Obama has based his entire campaign on hatemongering and race-baiting. But none of it would have worked without the media's assistance.

Dems for McCain/Palin

Posted by: angie12106 | October 22, 2008 10:22 AM | Report abuse

>>>>>It is hard, especially for younger generations to understand the details of the economy so they rely on the press. Unfortunately the free press has been purchased by the DNC

KMichaels - your post at 9:59 is SO TRUE!
Obama is offering "just words" -- lots of candy and no school on Fridays - and the sheep fall in line with the media and press that have CONCEALED damaging info about Obama and promoted him 24/7.

If any other candidate had been mentored for 20 years by a preacher that damns America, Jews, Whites, Catholics - he/she would be GONE!

But John Kerry summed it up when he said to vote for Obama BECAUSE he's a Black man.

http://blogs.abcnews.com/politicalpunch/2008/03/kerry-obama-cou.html

We MUST MUST MUST elect a Black man - even one in an Empty Suit. Even Biden assures us an international crisis would be generated BECAUSE of Obama's naivety and inexperience.

I refuse to vote for a candidate that INVITES a crisis!!
But hey - NBC refused to report Biden's comments - a sad reminder of "news" in Germany, circa 1938.
Scary!



Posted by: angie12106 | October 22, 2008 10:17 AM | Report abuse

Anyone know why Obama is still not in Hawaii yet? Did the campaign push back the visit to his grandmother until the weekend?

Posted by: Fuzzy21 | October 22, 2008 10:14 AM | Report abuse

It's the economy, but it's also steady leadership.

While the McCain campaign, it's VP candidate, and surrogates have been all over the map on policy, they have also engaged in some of the most negative, divisive campaign rhetoric to date in this election.

While those tactics may help stem the bleeding for Republicans in small towns (one of which is my home... but funny, it doesn't seem to be working here), they do nothing to address the needs of the voters.

There is no policy point the McCain campaign can turn to at this point in which McCain has a decisive lead over Obama. Obama simply owns the issues. His policy stance is well-thought out, cohesive, coherent. And that is what the voters are looking for on the economy -- steady, consistent leadership.

Ultimately, the leadership Obama is showing on the economy, PLUS his recognition of the fiscal crisis in our state- and city-budgets, is giving voters confidence that he will be able to pull us out of our current mess.

Quiet confidence has far more lasting power than bluster -- probably enough lasting power to go all the way to Nov. 4.

- Julia Kelly, Illini Family Politics (ilfamilypolitics.blogspot.com)

Posted by: J_Kelly | October 22, 2008 10:11 AM | Report abuse

Let's not forget that it was the fault of Wall Street trading in derivatives, 30-1 leverage, and bundling up mortgages into securities that caused the credit crisis and crash of the Dow. Hopefully, all of these risky business practices are no longer in vogue by the banks. Who needed terrorists to bring down America! We did it to ourselves. Ha-ha.

Posted by: luyehara | October 22, 2008 10:10 AM | Report abuse

Posted by: scrivener50 | October 22, 2008 10:09 AM | Report abuse

Yes, we're longtime Dems - now supporting McCain BECAUSE of the financial crisis created by the Dems and Bush.
Barney Frank and Chris Dodd should be removed from their respective chairs! for IGNORING WARNINGS from McCain and federal regulators that Fannie and Freddie were impending crises.

We need checks and balances which we won't have with a Dem Congress and Obama.

Posted by: angie12106 | October 22, 2008 10:01 AM | Report abuse

With the DEM campaigners at WaPo, NYTimes, ABC, CBS, NBC spewing the DNC talking points for decades about the dems being better at the economy the big socialist lie has obviously sunk in. It is hard, especially for younger generations to understand the details of the economy so they rely on the press. Unfortunately the free press has been purchased by the DNC for decades so there is no free press that has the guts to tell the truth about the economy. If every the media is pressed to explain just how the dems are better for the economy they cant seem to muster valid reasons. Decreased taxes have increased the size of the US tax treasury but magically, listening to the MSM it must have hurt the economy. During Bush, until dems took over, the economic statistics were all looking great. Since the dems took over it wall went downhill but it must be Bush's fault, say most of the MSM. Since the MSM has been campaigning for one candidate for the last two years we can never have a fair election. Obama, lying about where he would get his funds from, with no peep from the press other than positive praise for Obama's lying about his promise, can also add all the FREE positive press that he has recieved from the MSM.

Chris Saleeza and Chris Matthews both have tingles running up their legs while thinking of Obama yet can seem to muster what it is they like about him other than he talks smoothley. The twin Chrisses are void of rational thought about the nature of Obama so they deal with his fluff instead.

As Farakan stated, when Obama speaks it is the messiah speaking, so whatever he says must be taken at face value since it was Obama saying it.

The liberal press seem to agree with the radical anti-white anti-jew Farakan and have decided that whatever Obama says is truthful and none dare question it.

If Joe the Plumber questions it then Joe the Plumber will have his entire life reviewed publically on the MSM to punish him for his daring illegal questioning of their master.

Of course, even the damned Obamabots know that the press is biased but again, hey, it is their new messiah that the press is chearing on so what the heck, no big deal, just a few freedoms lost on the other side.

Nothing about this election has been fair but fairness just means that rich people need to pay more than 30% taxes, they need to pay 50% taxes. And in a couple of years all the idiot Obamabots will be begging for 75% taxation of the rich because it is fair, and the economy still needs help, and it is FAIR FAIR FAIR for the rich to pay 80% taxation.

Palin was correct. Some Americans are MORE AMERICAN than others. But the press will never admit to that because it would mean doing their job as reporters when doing their job as campaigners has the bigger payoff.

Posted by: KMichaels | October 22, 2008 9:59 AM | Report abuse

Clearly, not all homeowners in foreclosure should be bailed out by the federal government. No money should be used to help out those people who clearly should never have applied for a mortgage, especially if no money down was paid.

Posted by: luyehara | October 22, 2008 9:50 AM | Report abuse

It is the economy that imposed the final dialog on this race. However, it's not about which party is responsible (Democrats are more responsible for the state of our economy due to subprime mandates and other banking industry changes imposed during the Clinton Administration).

The economy has been a decisive issue based on how badly John McCain's campaign collapsed after the Wall Street meltdown started.

It was really shocking to me -- a Clinton support who had become a McCain supporter -- how poorly McCain had prepared himself on the economic problems brewing all year (that any economic advisor of his campaigm should have noticed). To be so caught off guard on an issue of obvious importance as the banking industry meltdown that had been teetering all year, John McCain had to not only be truly ignorant about economic policy, but also he had to be seriously weak in his executive strategy. He himself announced earlier this year that he was weak in economic policy issues. So apparently, John McCain was not only aware that he was being weak on the economy but he was comfortable remaining unprepared and uninformed while running for president as widespread failures across our banking industry loomed (as everyone in Congress well knew).

My opinion of John McCain as a prospective executive took a big dive after it became obvious that he was caught unprepared, ignorant, uninformed and with no clue or message when the economic crisis did break into headlines. It only compounded what was the totally bumbling incompetence and lack of message of his campaign following upon his great convention. From seriously mishandling Palin (virtually destroying her public image and career for her) to resorting to tired old character attacks when Obama took the lead, McCain's campaign has been very badly run since his good convention.

"It's the economy, stupid". And "stupid" seems to apply to John McCain, who apparently thought he could totally tune it out this year.

McCain lost a lot of credibility and seriously damaged himself, on economic policy bumblings after the Lehman failure and its subsequent toll. It's hard to see how he could recover from that.

Posted by: AsperGirl | October 22, 2008 9:45 AM | Report abuse

Let's not forget Republicans are well known as the pro-business, pro-Wall Street party. I can see making a case of economic treason against the investment bankers involved in derivatives trading, use of leverage, and creation of those toxic securitized mortgage instruments, sort of like a financial scrapple.

Posted by: luyehara | October 22, 2008 9:40 AM | Report abuse

So we're going to blame the democrats for Bush's "Ownership Society"? Or have we all forgotten how W trumpeted his administration's accomplishment of increasing home ownership in the USA?

Posted by: jimbo1949 | October 22, 2008 9:27 AM | Report abuse

The liberal democrats, going back to the Carter administration, have implemented policies which forced banks to loan money to minorities and other unqualified people who had little chance of paying back the loans. Obama has the most liberal record in the senate. God save us if he is elected president. I guess credit scores will be discarded in favor of a skin color test.

Posted by: SavedGirl | October 22, 2008 9:25 AM | Report abuse

For me its the Bush administration's decision to cut taxes, skewed mostly toward the wealthy, at at time of war. Where is the sacrifice? During World War Two, people did without a whole host of things. Our president's response to a war in two different countries was to tell everyone to buy an SUV. And here we are borrowing from China to pay for this war. That is dangerous and incompetent stewardship. McCain felt that way about the tax cuts in 2001. I don't know why he decided to ditch his common sense and back Bush, but he has and now he has to deal with it.

Posted by: corridorg4 | October 22, 2008 9:08 AM | Report abuse

Charlie, that is a nice piece of talking points, but it doesn't mesh with reality. If you want to know what (and who) is primarily responsible for this meltdown, look here:

http://en.wikipedia.org/wiki/Phil_Gramm

thanks for playing!

Posted by: ssergio | October 22, 2008 9:05 AM | Report abuse

The economy is a contributing factor of course but you don't normally see an economic crises favor the Democrats this much or for this long.
As an example, Clinton won his first term during an economic downturn but he needed a third party candidate to siphon off Republican voters to do it.
I think this is a Democratic "perfect storm", Republican incompetence, corruption and the current campaign (which has been reduced to charging that tax cuts for the middle class is a form of socialism. Tax cuts for the wealthy however, still just good policy) has reduced the impression of the Republican party to the point that most people don't think they bring anything productive to the business of running the country. The economic crises just gives that impression added weight. People are deciding, now is not the time to have the keystone cops driving the bus.
Why do they have that opinion? Bush, Cheny, Rumsfeld, Feith, McCain, Palin, Bachmann, and the clown who claimed "liberals hate America" all contributed to the impression of a party that will say anything to keep power for the sole purpose of wielding it.

Posted by: dijetlo | October 22, 2008 9:01 AM | Report abuse

it tears me up that all the democrats forget that this whole downturn was caused mostly by the democrats. Barney Frank, Chris Dodd, Obama, Acorn all pushed the banks into making subprime mortgages. I need some of the KoolAid they are drinking to convince the girls I am good looking.
Gosh, these people are stupid.

Posted by: charlietuna666 | October 22, 2008 8:46 AM | Report abuse
************
"Mostly" by the Democrats?
Sorry, Charlie...
Republicans have more than their share of blame in this issue. Reagan led the way with the slogan that "government is the problem" and it's all been downhill from there. Deregulation is NOT a Democratic meme; it's a way for Republicans to pay off their wealthy elites and make their *true* base happy.
Blame Barney Frank and ACORN and the rest all you want, it won't change the facts. The Republicans led the way into this mess and the Democrats will (once again) lead the way out.

Posted by: dbitt | October 22, 2008 8:56 AM | Report abuse

it tears me up that all the democrats forget that this whole downturn was caused mostly by the democrats. Barney Frank, Chris Dodd, Obama, Acorn all pushed the banks into making subprime mortgages. I need some of the KoolAid they are drinking to convince the girls I am good looking.
Gosh, these people are stupid.

Posted by: charlietuna666 | October 22, 2008 8:46 AM | Report abuse
----------------

Talking points are easy the throw out. The questions that usually stumps the speaker are, "How" and "why". Want to give us a few details? This is complicated stuff, it can't be summed up in a sound bite.

Posted by: popasmoke | October 22, 2008 8:55 AM | Report abuse

Voting for the President based on the economic condition of our country - if bad, vote for Democrat or if good, vote for a Republican - is a fallacy. If this criterion is true, then employers (private and public) should classify all job applicants based on their political party affiliations and hire them based on economic conditions.

This financial crisis started in 1998. An alarm was sounded by Ms. Born, head of the Commodity Futures Trading Commission, of the need to regulate the Wall Street firms. But Treasury Secretary Rubin (under Bill Clinton), Greenspan and SEC Chairman Levitt Jr opposed her. And the problem grew for years until its explosion.

But the corruption and greed of the corporate officers and investors to make billions in profits and bonuses saw the sub prime borrowers as another means to their ends, after they were done with prime market. Foreign banks joined in like vultures. These sub prime borrowers would like to make money,too, by selling their houses after 2 or 3 years. Unfortunately, there are no more buyers after them. It is the end of the road.

These CEOs of financial firms are very, very smart people in the business world. But it is their corruption, greediness and their lies that failed our economy. They are bad and have no integrity. Take the case of AIG, an insurance giant. A week after the government lent them $87 billion, their corporate officers wasted $440,000 in a resort hotel, partying.

It is not the economy, stupid. It is the character, stupid.

So when candidates promises the moon and the stars, think again.

So shall know them by their fruits. A good tree bears good fruits; a bad tree, a bad fruit.

Posted by: er1231 | October 22, 2008 8:52 AM | Report abuse

it tears me up that all the democrats forget that this whole downturn was caused mostly by the democrats. Barney Frank, Chris Dodd, Obama, Acorn all pushed the banks into making subprime mortgages. I need some of the KoolAid they are drinking to convince the girls I am good looking.
Gosh, these people are stupid.

Posted by: charlietuna666 | October 22, 2008 8:46 AM | Report abuse

shedhair, thanks for the laugh.

Posted by: ssergio | October 22, 2008 8:15 AM | Report abuse

I rest my case.

Flip side of the same coin.

Posted by: shedhair | October 22, 2008 8:00 AM | Report abuse

Right shedhair, bring race into it. I guess we can see what flock you belong to. How do your comments have anything to do with the topic of polling ?

Posted by: Falmouth1 | October 22, 2008 7:52 AM | Report abuse

For that kind of money you'd have to think they could afford to give her a brain transplant. Hmmm... now that I think about it... I would be surprised if they were planning to do that, Dick Cheney of course being the donor. The benefit to that of course will be the fun that comedians will have by noting the fact that she has Dick for brains.

Posted by: guitar_blue | October 22, 2008 7:49 AM | Report abuse

Dear shedhair:

Unfortunately, I do....

Posted by: RickJ | October 22, 2008 7:48 AM | Report abuse

Dear rickj,

I guess birds of a feather do flock together.

I guess you dont get it.

Posted by: shedhair | October 22, 2008 7:41 AM | Report abuse

In response to shedhair:

If Joe the plumber had been black or Latino the Republicans would have paid him no attention and assumed he was looking for a handout....

Posted by: RickJ | October 22, 2008 7:29 AM | Report abuse

I am struck by the similarity of the hostility that emanates from the left in regards to their condemnation of Mccain and Palin supporters. The hatred of certain groups they righteously condemn in Republicans is on full display when they flay their opponents. Had Joe the plumber been a Latino or black we would not have been entertained with their self righteous vitriol aimed at all things Middle America.

I guess birds of a feather do flock together.

Posted by: shedhair | October 22, 2008 7:26 AM | Report abuse

It is the economy, but it's also a number of other things triggered by the economic collapse. It's the realization that 8 years of lies, mistruths and hypocrisy have also landed us in this mess. It's the realization that wedge politics and hateful bigotry and fascism have clouded the real issues of the day. And it's the realization that the Republican party has driven itself into a cul-de-sac of worthless rhetoric, empty promises and no forward direction that's making the public re-examine Republican candidates and deciding on repudiation...

Posted by: RickJ | October 22, 2008 7:17 AM | Report abuse

It seems like the McCain message is only reaching those would only vote Republican anyway. His ugly attacks and lack of understanding of the economy only appeal to the most rabid Repubs. He's a Republican, yet he's trying to distance himself from his own party which has been in complete control of the country for most of the rein of terror of the current admin. What does he really have to offer ? This is what the polls show. Things are going to get even uglier as he gets even more desperate. It's a shame seeing what he has become and who's running his campaigne.

Posted by: Falmouth1 | October 22, 2008 7:17 AM | Report abuse

REPUBLICAN PARTY AND BIG BUSINESS DECOUPLING

The alliance between the Republican Party and corporations was made many years ago during an age when what was good for big business, was good for the American people. This meant if big business did well, there would be more jobs for Americans. During the last 20 years this is no longer true. Multinationals have prospered greatly, but they have not created new jobs in the US. Small business has created the new jobs.

It is time for Republicans to break the alliance with big business. Multinational taxes can be raised and small business taxes reduced. Another benefit, we do not need to spend hundreds of billions around the world on defense, trying to protect the supply chains of the multinational corporations.

The Republican Party has been done-in by globalization: job loss, wage stagnation and financial irresponsibility by big business. A Republican Party that is culturally conservative and focused on small business and job creation will prosper at the polls.

Posted by: Pebble1776 | October 22, 2008 6:50 AM | Report abuse


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These polls reflect a snap reaction of the voters - when the voters really have to give their final answer - who they want to lead this nation out of the economic crisis they will choose John McCain.

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Posted by: 37thandOSt | October 22, 2008 6:40 AM | Report abuse

Poor Chris- his "McCain Comeback" fantasy only lasted 24 hours.

Posted by: dime_dropper | October 22, 2008 6:36 AM | Report abuse

The fact is Obama's tax plan is just a return to the PROVEN system
Bill Clinton used during the prosperous years of his term in office.
Bill Clinton left office with huge budget surpluses.

McCain's tax plan is just an extension of the PROVEN failure of the Bush tax system of rewarding the wealthy and corporations at the expense of the middle class. The middle class is now redistributing their wealth to bail out banks.

People like to argue theory and statistics but it's as simple as this: Are you better off now then you were eight years ago?

Posted by: seemstome | October 22, 2008 6:19 AM | Report abuse

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