ABOUT FIRST READ

First Read is an analysis of the day's political news, from the NBC News political unit. First Read is updated throughout the day, so check back often.

Chuck Todd, NBC Political Director

Mark Murray, NBC Deputy Political Director

Domenico Montanaro, NBC News Political Reporter



First thoughts: That '70s Show

Posted: Tuesday, June 10, 2008 9:21 AM by Mark Murray
Filed Under:

From Chuck Todd, Mark Murray, and Domenico Montanaro
*** That ‘70s Show: It’s time to dust off those Foghat and Alice Cooper albums, bust out those “Saturday Night Fever” dance moves, and fire up that “Dazed and Confused” DVD because we’re … headed back to the 1970s. Yesterday, in his interview with NBC’s Brian Williams, McCain said: “Sen. Obama says that I'm running for a Bush's third term. It seems to me he's running for Jimmy Carter's second.” Later in the interview, the Arizona senator added, “I think this -- election is about change, Brian. I … think it's the right kind of change versus the wrong kind of change. Sen. Obama wants to dust off the old big government, high taxes ideas of the 60s and 70s that failed then.” Does McCain’s Carter/70s attack work? On the plus side, it’s a nice counterpunch to the McCain-equals-Bush attack the Dems have using for the past three months. Also, it’s bound to help with older voters, who certainly remember all the problems associated with the ‘70s (stagflation, oil shortages, hostage crisis). And as GOP commentator Jennifer Rubin notes, it might be persuasive with some Jewish voters. But just how many people remember a presidency that ended nearly 30 years ago? Indeed, not a single person under 50 was eligible to vote when Carter was elected to the White House. What’s more, the attack might play into Obama’s post-partisan argument that Americans want to move beyond the debates of the ‘60s and ‘70s. Obama himself was 19 years old when Carter left office. Still, it does give McCain a quick description for helping voters visualize a President Obama. Obama already has his word, "Bush"; McCain needs his. And while McCain may get clobbered among voters under 40, if he over-performs among voters over 60, he can offset those losses. Do remember, of course, that the Carter hammer was attempted in ‘92 against Bill Clinton who, arguably, had even more superficially in common with the ex-peanut farmer -- an unknown southern governor from a small state…

*** What does that mean about Bush? Lost in McCain's attack is the subtle admittance that Bush has become the Republican's Carter. While Democrats have accepted the fact Carter was a mediocre-to-bad president, have rank-and-file Republicans had their own come to Jesus on Dubya? Are they ready to accept that he'll go down in history as their Carter? That's the risk in McCain's attack on Obama: It works on one level, but if he chooses not to defend Bush's presidency and allows it to be painted as a failed presidency, will the base be comfortable with that?

VIDEO: NBC Political Director Chuck Todd takes a look at the "toss-up" states on the 2008 electoral map.

*** Becoming Hillary: The most striking thing about Obama’s economic speech yesterday was that he sounded a lot like, well, Hillary Clinton -- at least the Clinton we saw in Ohio, Pennsylvania, and beyond. There was the focus on the middle class (“I'll use the money to help pay for a middle-class tax cut that will provide $1,000 of relief to 95% of workers and their families”). There was the dash of populism (“I'll make oil companies like Exxon pay a tax on their windfall profits, and we'll use the money to help families pay for their skyrocketing energy costs and other bills”). And there was the Clintonian theme of fairness (“We will save Social Security for future generations by asking the wealthiest Americans to pay their fair share”). One of Obama’s more underreported attributes has been his been his ability to grow and adapt as a candidate. What remains to be seen is whether Obama can own the issue of the economy -- at least rhetorically -- the way Clinton did from Ohio on…

*** McCain and the economy: While Obama fired the opening economic salvo of the general election yesterday, McCain gets his chance to respond when he addresses the NFIB/eBay 2008 National Small Business Summit in DC today. Per excerpts of his remarks, McCain will hit Obama primarily on taxes. “No matter which of us wins in November, there will be change in Washington. The question is what kind of change? Will we enact the single largest tax increase since the Second World War as my opponent proposes, or will we keep taxes low for families and employers?” More: “Another of my disagreements with Senator Obama concerns the estate tax, which he proposes to increase to a top rate of 55 percent.  The estate tax is one of the most unfair tax laws on the books, and the first step to reform is to keep it predictable and keep it low.”

VIDEO: In a response to a question about a recent speech, Sen. John McCain said that he would not comment on his statement about “the press and their coverage or not coverage

*** Straight talk? Just asking, but has the Straight Talk Express not been all that straight with reporters recently? McCain told Newsweek that he didn’t criticize the media in his speech last Tuesday for overlooking Hillary Clinton’s attributes. "I did not [say that] -- that was in prepared remarks, and I did not [say it] -- I'm not in the business of commenting on the press and their coverage or not coverage." But he DID say it. However, it was a fairly minor thing, but it followed a controversy from two weeks ago, when McCain incorrectly stated that US troops in Iraq had been drawn to their pre-surge levels. When Democrats pointed out that McCain statement wasn’t true, he maintained that troop levels are down -- but said nothing of pre-surge levels. McCain's political strength comes from his honesty and independence, which has often gives him the benefit of the doubt. So why not own up to the fact that he misspoke? Of all folks running, the media are more likely to give him leeway on a misspeak here or there. Clearly, McCain didn't want to say that media shot about Hillary and he probably meant to edit it out. So he didn't, so what? It only becomes a deal if they deny the answer, right?

*** Vetting the vetter, Day 2: Obama, meanwhile, seems to have his own problem with veep vetter Jim Johnson, who reportedly received preferential loans from subprime lender Countrywide. The Obama camp responded by blowing off the story, according to Time. “This is an overblown story about what appear to be completely above-board transactions.” Obama spokesman Tommy Vietor also shot back, "It's the height of hypocrisy for the McCain campaign to try and make this an issue when John Green, one of John McCain's top advisors, lobbied for Ameriquest, which was one of the nation's largest subprime lenders and a key player in the mortgage crisis.” But these responses mask what seems to be a problem for the campaign. How much more is here with Johnson? As the housing crisis percolates in the background, Johnson was involved with many of the players involved in this so-called crisis. So even if he has committed no wrongdoing, he's at a minimum connected to folks who did questionable things. And then there is his role he played on some corporate boards involving executive compensation.  But there's a larger point the GOP will hit Obama with on this one: If Obama claims he's going to clean house in DC of the folks who conduct business the “old way," then why is he doing business with a guy like Johnson who -- some might argue -- is the poster child of the old way to do business in DC. If there's a drip, drip on Johnson, can Obama afford to keep him in this high profile role? Will some potential veep candidates who Johnson could vet come out publicly against some of the things Johnson practiced in corporate America? This story's not going away... 

VIDEO: Author George Will discusses Sen. Barack Obama opening his general election campaign Monday in North Carolina.

*** Super Tuesdays return: It's Super Tuesday on MSNBC, and we'll have a Super Tuesday every Tuesday between now and the Olympics. Today's focus is on the battleground states -- and it’s fitting given that both campaigns are starting to stake out their turf. The Obama campaign yesterday announced it will have paid staffers in all 50 states, claiming that will be a first in presidential campaign history. McCain, meanwhile, heads later this week to the Northeast, where he hopes to not just compete in Pennsylvania and New Hampshire (natch) -- but he also hopes to over-perform in, say, Maine's 2nd Congressional District (steal 1 electoral vote) and New Jersey, the great white whale of Republican politics.

*** Get to know Missouri: Obama stumps in Missouri today, a state that some believe still should be a pure toss-up, while others (namely us) believe it's now a “Lean Republican” state that can be competitive (i.e. Democrats are guaranteed 48% but they struggle to get to 51%). Obama's neighboring state appeal should help him a tad (like it did during the primaries), but the state has had its share of racial polarization and McCain may over-perform in the Kansas City and St. Louis suburbs. The good news for McCain is that the state's not-so-popular Republican governor is not seeking re-election, so there's plenty of non-incumbent Republican "change" messages that will appear on statewide TV. Big Labor has never been ready to concede Missouri, even as both Gore and Kerry ended up pulling out of the state by mid-October. Will that happen again in 2008 or will Obama's large war chest mean the Democrats will not pull out of Missouri this time?

*** On the trail: McCain gives the keynote address this morning at the NFIB and eBay 2008 National Small Business Summit before heading to New York City to raise money. Obama has already been shadowing a nurse at a St. Louis hospital and holds a media avail there later this morning. And Cindy McCain visits a charter school in New York City.

Countdown to Dem convention: 76 days
Countdown to GOP convention: 83 days
Countdown to Election Day 2008: 147 days
Countdown to Inauguration Day 2009: 224 days

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Comments

To all young voters out there:

It is foolish to deny history just because you were not born or were still in diapers during the Carter years. Please do your homework because it is bound to happen all over again. One can make fun of McCain because of his age and his flaws but bear in mind that experience is the best teacher. All your discontent with Bush can only worsen our problems by blindly voting for Obama. Most of you will argue that starting from clean slate is the only solution to our problems. This mindset will only work in theory but not in reality. Here is a stark contrast:
Obama  = Total change
McCain = Fix ONLY the things that are broken

...words cannot move mountains.


John McCain would not make a pimple on Jimmy Carter's back side when it comes to honesty, decency, diplomacy, and just plain good. The most of us know why the borrowing rates kept going up. don't we? Wall Street (The FEDS) could not control Jimmy and Mr. Carter did not have the support of all of America, as Barack Obama does.  Watch what "the Feds" try to do to Barack when Barack trys to get my America back on the right track. And I cannot wait to see where this piece of crap that is in this administration can go overseas once he leaves office. all of them. And where can Mr. Carter go? Anywhere he wants, except Israel, and does anybody wonder why he cannot go to Israel? Probably the same reason why our media (Wall Street) will not stand up for Mr. Carter!!! (let's see if this gets printed)
I was listening to Sirius Indie Radio last night, playing a rebroadcast of "The Blog Bunker" show.

The host was talking to Clive Cook of The Atlantic magazine who has his own blog.  He stated was in essence Mr. "The Truth" posted yesterday - that the prez has little to do with the economy, it's mainly Fed Reserve chairman.

OK - that excuses Bush (only somewhat, in my view) - but it also excuses Carter.  So for McSame to make that comparison, it doesn't hold water.  It also takes away the argument that Clinton was responsible for those prosperous years as well.

The economy takes YEARS to cycle through - it may get better no matter who is in office.  However, I would rather take my chances with Obama than McCain.  McCain wants to continued to throw billions away in Iraq - for what?  Like Keith mentioned last night, Murdoch (owner of Fixed Noise) said we'd have $20/barrel oil if we invaded Iraq.  BUZZZZZ!  Thanks for playing - that didn't happen and it doesn't look like that it's GOING to happen.

Again - why would we want another rethuglican in the WH?
Jerry in CC, stop listening to Rush and FOX Noise.  Take a few weeks off, clear your head of their brainwashing, and come back with some intelligent posts.
More and more McCain = Bush = Bagdad Bob.

Still remember Bagdad Bob?
Funny when the demos took over the congress and senate
saying going to be a change, o'k we got a change, houseing bottom falling out, gas prices sky high and sill going, grocerys up, every thing looks like Carter is here again, I lived those days and it wasn't fun so don't tell me to vote for Obama you young punks
I must admit that I haven't found John McCain much of a straight talker myself. But I could nver vote for Obama when he believes that taxing Exxon will solve our energy needs! I can't believe Dems really think that's the answer! OPEC is the one getting fat off $4 a gallon. If we drilled for more oil here we would be energy independant, eventually anyway. And when the government is making more money on gas than the oil companies themselves we want to tax them and give the Fed more money? I'm not scared of Obama because of some ancient GOP belief, but because with an already weak economy we don't have the option of playing with domestic policies that could prove ruinous. Just because some guy says "Hope" and "Change" doesn't mean I want just ANY change, I want change in the right direction. I'm still wainting to see if McCain can promise and follow through with the kind of change that really will save us from our economic self destruction. Till then I'm leaning towards McCain, but somewhat undecided.
OBAMA who???  Where did he cone from? Some patriot.


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