New McCain Ad — Tax Cutter

yea.. obama should be nailed over and over on his failed housing record as well.

OBAMA MEANS BIG GOVERNMENT EPIC FAIL

http://www.boston.com/news/nation/articles/2008/06/27/grim_proving_ground_for_obamas_housing_policy/

As a state senator, the presumptive Democratic presidential nominee coauthored an Illinois law creating a new pool of tax credits for developers. As a US senator, he pressed for increased federal subsidies. And as a presidential candidate, he has campaigned on a promise to create an Affordable Housing Trust Fund that could give developers an estimated $500 million a year.

But a Globe review found that thousands of apartments across Chicago that had been built with local, state, and federal subsidies – including several hundred in Obama’s former district – deteriorated so completely that they were no longer habitable.

Grove Parc and several other prominent failures were developed and managed by Obama’s close friends and political supporters. Those people profited from the subsidies even as many of Obama’s constituents suffered. Tenants lost their homes; surrounding neighborhoods were blighted.

I agree this is not a good spot. I will make the point next time I am at HQ.

OT take a look at FOX online. THey have an article about how messed up Fannie Mae-Barney Frank relationship is. Aparantly Barney’s “partner” was a top exec at the GSE while our buddy Barney was voting to block regulation and benefit the organization.

If this was a Republican and his wife or ex-wife this would be on the front page of every paper in the nation.

http://www.foxnews.com/story/0,2933,432501,00.html

i think there should be ONE ad on obama’s record of epic failure:

housing policy: enriched his friends, people’s homes deteriorated (with a quote from the boston globe article or a clip from carol marin’s report)

schooling: as chairman of Annenberg Challenge, $160M squandered (quote one of the many stories where it shows no improvement on eduction)

welfare reform: obama against very successful welfare reform measures and bill clinton’s signature accomplishments

maybe mention pritzker, obama’s national finance chair, and superior banks major subprime failure costing people’s retirements..

this association with ayers is a little weak. the argument should aim directly at obama, and he has had many epic failures. if they try to defend annenberg, that means the media will have to write about it.

anyway, how do we get an ad like this running?

Fox just finished an excellent show on the economy. Put the blame right where it belongs, on the democrats for blocking more regulation of the housing.

m888
I agree except it’s so late in the game that I’d throw everything at him–his record in Chicago, that he can’t even send his own kids to the schools there and instead they go to a 20,000 year private school-his fictitious blue collar background(he went to elite schools all his life and all of his caretakers were above middle class, (how do you think he got so arrogant by attending inner city schools and rooting around for lunch money?)Ayers, Rezko, Wright, Pfleger I’d put it all out and let him call me every name in the book including “racist” and McCain should tell him that all his scummy, negative comments are the greatest compliment coming from an anti-American phony Chicago criminal.For God’s sake John you were in a box in North Vietnam for 5 and 1/2 years go after this guy–he’s a fraud, a nobody who has done nothing for anybody but himself.

I use to enjoy Charles Lemo’s works, but it seems Charles is in panic mode forgetting several things like a debate in 3 days and another a week later.

JM isn’t going to open a single door for Obama and his media to create lies and illussions to railroad the debates, like was done by Palin last week.

In 2004 it took only 10 days for the Swiftboat to destroy Kerry’s 17 point lead, how long do you think Obama’s possible slight lead might last with continual attack ads new each day for 2 weeks going to fester in Obama’s world of lies?

In politics timing is everything and the GOP are masters of it while Obama is a joke at it.

Come Oct 28th, Obama will be crying compounded by Rezko squeeling!

New Agency Proposed to Oversee Freddie Mac and Fannie Mae

By STEPHEN LABATON
Published: September 11, 2003

The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

‘The regulator has not only been outmanned, it has been outlobbied,” said Representative Richard H. Baker, the Louisiana Republican who has proposed legislation similar to the administration proposal and who leads a subcommittee that oversees the companies. ”Being underfunded does not explain how a glowing report of Freddie’s operations was released only hours before the managerial upheaval that followed. This is not world-class regulatory work.”

Significant details must still be worked out before Congress can approve a bill. Among the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing.

”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”

In 2003 the democrats blocked this regulation.

If McCain can bring this out at the debate, he wins.

I really don’t think McCain is showing he wants to win at this point. These kinds of ads won’t help him win, especially when he talks about the economy, as voters tend to favor Obama when it comes to that.

Hell, McCain pulled out of Michigan! That should have been a lock for him considering the uproar over having their delegates stripped before the convention. What’s next? Giving up on Florida now that he is down in that state as well? You don’t quit state’s that you need to win.

To me, it doesn’t look like he has anything major up his sleeve. If he did, would he be pulling out of Michigan, and running pathetic attack ads?

I think many white elitist and other white folks are voting for Obama because they think that Obama will straighten up black people, meaning black youth and black men. We, as white Americans are flabbergasted at the black culture and their lax ways to deal with their problems. So that Obama is a promise of ‘REFORM’ for black popular culture. It is an understated message but it is there.

Just like Christ changes people’s attitudes and behavior, Obama is a promise to black people that he will change black attitudes and behavior.

And example of that is the now very well known youtube video of the ‘Obama youth’ that we saw here not long ago.

The problem with McCain campaign is that it ignores African Americans and what they look for in a president.

McCain need to make a few ads expressing his concerns for the African American community and how he and his administration intends to tackle the problem of African American integration.

I don’t think this ad is terrible. I think it is directed at several targets rather effectively, just not the ones that a group like this might want.

First off: Who is Barrack Obama? Great lead-in, and the ultimate question of this election.

The female voice-over, which McCain’s campaign has used a lot, is an educated woman without a regional accent. She’s also just a touch sarcastic without sounding “bitchy,” which is a good tone to take in questioning BO’s statements and history. She raises legitimate questions about simple topics that people care about and that affect them personally. Taxes, liars in government, and who to trust.

The average voter is thick-skinned when it comes to things that sound like conspiracy theories. They can easily toss things like Ayers and Wright onto the same scrap-heap as JFK assassination plots and UFO abductions. If the accusation sounds “incredible,” they don’t give it credibility.

This ad plays on taxpayers’ fears of higher taxes with the Wall Street bail-out and BO’s talk of adding new programs. They may not believe he hangs out with terrorists or may not care that he failed as an administrator of Annenburg, but they can relate to higher taxes, and they know they will likely go up to pay for more government.

The last part of the ad is aimed at Democrats, warning legislators that they will share the blame with BO. This is odd, but it can work psychologically to cool the rhetoric of some Dems who might want to distance themselves a bit to cover their own asses. It also works to incite the Conservative base about turning out to vote against “Congressional Liberals,” a call to arms. It’s like hedging a bet. “You may not be wild about me, but don’t stay home on Election Day… you need to vote for Congress too.”

IMHO