THE BLOG

50 Days Out: Dishonesty & Deregulation

Jesse Lee is the Online Rapid Response Manager for the DNC.

Continuing to escalate the offensive against Sen. McCain's dishonest and dishonorable campaign, the Obama camp comes out firing:

Obama, Biden declare war on McCain campaign tactics
Jimmy Orr, Christian Science Monitor - September 15, 2008

And as the headline above indicates, Sen. Biden hit hard moments ago as well, giving a speech with a raft of new lines holding McCain directly accountable for the actions of his campaign. "The campaign a person runs says everything about the way they'll govern," noted Biden, going on to say:

BIDEN: When Senator McCain was subjected to unconscionable, scurrilous attacks in his 2000 campaign, I called him on the phone to ask what I could do.

And now, some of the very same people and the tactics he once deplored his campaign now employs.

The same campaign that once called for a town hall a week is now launching a low blow a day.

Meanwhile, as the Washington Post reports: "If any evidence were needed of the new, aggressive response by Democrats to Republican charges, a new Web site from the national party should dispel any doubts. The site, 'Count the Lies,' will go live Monday, targeting what the Democratic National Committee says are falsehoods coming from Sen. John McCain and the Republican Party."

Well it's Monday, here it is - 51 with #52 coming any second...
http://www.mccainpedia.org/index.php/Count_the_Lies

And of course the other huge news today is the Lehman Brothers bankruptcy and market crisis. Here, too, Obama comes out aggressively, staking it out as a prime indictment of the failed Republican policies McCain has embraced vs. the change Obama represents:

"The challenges facing our financial system today are more evidence that too many folks in Washington and on Wall Street weren't minding the store. Eight years of policies that have shredded consumer protections, loosened oversight and regulation, and encouraged outsized bonuses to CEOs while ignoring middle-class Americans have brought us to the most serious financial crisis since the Great Depression."

Meanwhile, all but admitting how out of step he is, McCain's new ad today stands on two central premises, that our economy is "in crisis" and that we need "tougher rules on Wall Street." Well the ad wiz who came up with that one forgot to tell John McCain, who staggeringly said again this morning that "the fundamentals of our economy are strong." As Atrios says, one begins to wonder if John McCain knows what the fundamentals are. As for the need for "tougher rules on Wall Street," that would be a little more believable if his campaign's economic platform weren't spearheaded by some of the most fanatic deregulators in America, including Phil "Nation of Whiners" Gramm. Gramm, of course, has been tied to the specific deregulations at the root of the foreclosure crisis, and as Fortune Magazine noted in February, "most of his current positions are vintage Gramm indeed."

Sen. Biden hit hard on this as well in his remarks today: