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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



Some more ads...

Posted: Tuesday, September 30, 2008 1:43 PM by Domenico Montanaro
Filed Under:

From NBC's Domenico Montanaro
A new RNC ad, "Worse," tries to pin the blame, at least in part, for the financial crisis on Obama. It also seems to villify the bailout, despite McCain's support for it. The ad stresses that Washington is "forced" to do the "bailout with OUR money. Can it get any worse?" an announcer says.

A McCain ad links Obama to Fannie/Freddie. "John McCain fought to rein in Fannie and Freddie," an announcer says. "The Post says: McCain 'pushed for stronger regulation'...'while Mr. Obama was notably silent.' But, Democrats blocked the reforms. Loans soared. Then, the bubble burst. And, taxpayers are on the hook for billions."

But complicating matters for the McCain campaign on this front, is that that campaign manager Rick Davis "was paid more than $30,000 a month for five years as president of an advocacy group set up by the mortgage giants Fannie Mae and Freddie Mac to defend them against stricter regulations," as the New York Times put it.

Also, there's an Obama ad running painting him as a centrist on health care in swing states Indiana, Wisconsin [Hat tip to Politico's Ben Smith] and by the sound of Elizabeth Edwards on an SEIU call today, in North Carolina as well.

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Does the RNC not know that John McBush was the king of deregulators ?????or they just dont care ?
Finally Real truth in Advertising ! Listen people this is the voice of reason and clearity.
McCain Palin 08   Hillary 2012
Its clear about 34% of America is listening to anything Mccain says...why? no one knows but they do...silly old man tilting at windmills
Throw in the misfired RNC ad that started running this morning that blames Obama for the bailout, and assumes it was passed yesterday, and you've got the Campaign that Couldn't Talk Straight '08.

It's a good year to be a progressive!
We desperately need Obama to go forward with his plans to help everyone in America have healthcare, create new jobs, new roads, new bridges, better school policies which will cost money but we also need to stop bailing out countires around the world now, including Irac, until our America economy is stable and profitable.  These are desperate times and we need new bold policies regarding our economic policies abroad and put more money back into our own country.
Obama: Damned! inexperienced insider!

"campaign manager Rick Davis "was paid more than $30,000 a month for five years as president of an advocacy group set up by the mortgage giants Fannie Mae and Freddie Mac to defend them against stricter regulations,"

PAY NO ATTENTION TO THE MAN BEHIND THE CURTAIN!
"Haow dew yew do, Missus Why-lee?"
Mah name's Earnest T. Bass, and I'm a votin' fer John and Sarah.
'cause I don't know no better, and 'sides- I got no money to loose!
An' that other feller- he's differn't than most of the rest of us if'n y' know what I mean.
Hee Hee Hee Hee
McCain did nothing to reign in FNMA and FDMC.  He simply added his name to a bill.  A bill that was defeated...and reintroduced in 2007 withOUT McCain's support.  I wonder what changed.
But complicating matters for the McCain campaign on this front, is that that campaign manager Rick Davis "was paid more than $30,000 a month for five years as president of an advocacy group set up by the mortgage giants Fannie Mae and Freddie Mac to defend them against stricter regulations," as the New York Times put it.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Apparently McCain doesn't see this as a problem. November 4th can't come soon enough for me!  Obama/Biden '08/'12
So... now is not the time to blame, so... Let's BLAME OUR OPPONENTS!!! More erratic static from McGramps.

Nice piece of commentary by Matthew Dowd over at ABC:
(excerpt)

Rule One: When a campaign starts attacking the media, things aren't going well.

Rule Two: When a campaign says the polls are wrong, things aren't very good. 

Rule Three: When a campaign says "the only poll that counts is the one on election day" usually means a campaign is about to lose.

Now we could probably add a new one: when partisans start saying let the candidate be the candidate, it means things are off course.

http://blogs.abcnews.com/matthewdowd/2008/09/obamas-race-to.html
So does McCain endorse the RNC ad that slams the bailout he is currently pledging to fight for? Seems like it's another mixed message from McCain on the bailout...

http://www.political-buzz.com/
McCain is DANGEROUS.  After all these lies there are still people who believe them, even after being disproved time and time again.  Yeah, America, lets put our future in HIS hands...  :-0  This is like watching a train wreck... except WE are the ones in the train...
The right arm (McCain's campaign) doesn't know what the right hand (McCain) is doing.

To think that a year ago I considered J-Mac a reasonable candidate for his more bipartisan acts.
bad move by McCain to link the dems to the problem of fannie and freddie when there is the keating 5 which McCain was invovled in and led to a bailout of the security and loans. Second, the republicans specifically McCain deregulated the markets which led to the current economic mess. Third, McCain's campaign manager Rick Davis lobbied for Fannie and Freddie. He received money from these two mortage companies until last month. McCain's hands are alo part of this problem.
Will Big Media call out the Republicans, and demand a clear answer.  The Republicans are blaming the Democrats for the bill's failure, yet 67% of them voted against it, AND the RNC is running ads attacking the bailout.  Also, the media is simply replaying McCain's claim that Obama is injecting partisan politics into this bill?  

Worse, Andrea Mitchell is asking why Obama couldn't get more Black congressman to vote for the bill, yet she does not point out that McCain has failed to get his own (mostly white) party to support the bill?

Finally, the FDIC insurance idea was proposed by Obama, but no mention is made of this fact.  Rather it is portrayed as a joint McCain-Obama proposal.

It seems like the media is giving McCain a tremendous free pass today.
The Rick Davis issue is a NON issue.

It would have been important BUT, Sen. McCain DID introduce legislation to correct the Fannie/Freddie issue. The bill was shot down and not even allowed a vote by the Democrats. So, I ask how is the Rick Davis thing an issue (other than the media looking to pin something on McCain)?
If the media were fair, it would point out that even WITH the Rick Davis connection... McCain still pushed to correct this pending disaster in 2005!!
That might hurt their chosen candidate though... so they won't be fair.
This is the game Republicans were trying to play by blaming the Democrats for losing the votes on the bail out.  Dems produced 60% of their caucus in favor while the GOP voted 66% against a plan coming from their own President.  Republican deregulation makes the mess, the outgoing White House socializes risk while privatizing reward, the GOP campaigns revile Democrats for passing the thing.  The Republican mascot should be the weasel, not the elephant.
John McCain should issue a new ad against himself for all the Fannie Mae and Freddie Mac campaign workers he has - but then again he is now for regulation and has never done anything wrong regarding savings and loans (Keating 5) or financial institutions like them.
HEY THE HEALTH CARE AD IS RUNNING IN FLORIDA TOO!!! I LOVE IT!
This ad is the biggest pile of crap I've ever heard. So just when did you fight to rein in Fannie and Freddie, Senator McCain? Was it before your campaign manager started receiving $15K a month from them? And when did you ever push for stronger regulation -- you're the person who's always proudly said he's never met a regulation he could like, so just when might that have been? Do you really think the American people are all that stupid that we'd buy this pack of lies? As far as I'm concerned, you've lost every shred of integrity you ever had. If I wasn't already FOR Obama, I'd vote for him just to vote AGAINST McCain.
McCain's just been pulling random names off the top of his head through this financial crisis, like some old man fighting dementia.

Any day now, I figure he'll be blaming the Geico cavemen...
What planet is mccain livin' on these days?  Does he even believe his own hooey these days - I don't think anyone with two live brain cells is buyin' it any more.  I guess he's forgotten his good friends Phil Gramm and Rick Davis and their hand in this mess.  Sorry John, we're not all as dimwitted as your running mate.
The gang of three (Obama Pelosi & Reid) that will control if Obama is elected is enough to scare anyone. I am forced to support McCain by default. Add Axelrod and the influence the Mayor of Chicago will have in the White House and we may never be the same after four years of Obama! God help us!


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