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February 10, 2012
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David G. Savage: Why activists may not be in a hurry to have High Court rule on alternative marriage
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Kimberly Palmer: How to actually enjoy -- relaxing, financially -- your vacation
February 8, 2012
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Menachem Wecker: Though Controversial, LL.M.'s Can Lead to Specialized Legal Jobs
The Kosher Gourmet byDana Velden: Going to the bother of making soup? You know it better be good. This CREAM OF TOMATO SOUP certainly is! And it's a cinch to make, too (Includes techinques and serving secrets)
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February 6, 2012
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Jeffrey Fleishman: In newly democratic Egypt, tens of democracy activists jailed, to stand trial; their groups are 'threatening the stability of the homeland'
Julie Deardorff : Researchers say antioxidants may not be that effective and could do more harm than good
Mark Clayton: How did Anonymous hackers eavesdrop on FBI and Scotland Yard?
February 3, 2012
Edmund Sanders : Israeli official says Iran is creating missile that could reach East Coast of US
Victoria Kim: Immigrant-smuggling ring used black drivers to avoid racial profiling
February 2, 2012
Jim Carney: Wrong number call may have saved her life
Reza Kahlili : Ex-CIA spy in Iran's Revolutionary Guard: What Obama doesn't grasp about striking deals with Tehran
Tina Susman: For woodchuck rescuer, every day is Groundhog Day
February 1, 2012
Brian Bennett: US officials see increasing threat of domestic attack from Iran
Emily Brandon: How to Take Advantage of New 401(k) Fee Disclosures
January 31, 2012
January 30, 2012
Paul Richter and Ramin Mostaghim: Misreading Teheran's limits -- deadly and economically devastating as they may be -- is a risk administration, Europe seem willing to take
Suzanne Bohan: Warning: Nap-deprived tots missing more than sleep, study finds
Meg Handley: Banks Revamping Rewards Programs to Woo Customers
January 27, 2012
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Yochonon Donn: In liberal New York City, fervently-Orthodox Jews may soon be getting a district to call their own
Jeannine Stein: An inflated ego and thinking you're 'all that' doesn't just make others sick of you, it can make you ill
Katy Hopkins: New budget rules may affect how much money you get for college
January 26, 2012
Ed Koch: To the New York Times, calling for the murder of Jews by those capable of having their incitement taken seriously isn't news
Jeannine Stein: Mental illness struck one in five U.S. adults in 2010: Report
January 25, 2012
Richard Simon: House passes two bills endorsing the use of religious symbols at military memorials
Fred Weir: Putin: Multiethnic Russia cannot survive as a US-style 'melting pot'; must find its own way
Susan Johnston: 5 Sneaky Coupon Strategies Consumers Should Watch Out For
January 24, 2012
Carol Clark: The price of your soul: How your brain decides whether to 'sell out'
Caroline B. Glick: America lost most in 'Arab Spring'. Sadly, many voters still don't grasp the extent
Warren Richey: Drug criminal scores win in GPS ruling from conservative-leaning high court
Erika Bolstad: Black conservatives gather to talk about gaining strength
January 23, 2012
Melissa Dribben: Jewish voters to play a key role in Florida's Republican primary
Jordan Rau: In quest to grow, Catholic hospital system will announce this morning its break from church
Ali Safi: U.S. envoy gives Taliban terms for peace talks
January 19, 2012
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Frank J. Gaffney Jr.: No-kidding red lines: U.S. response to an Iranian nuke may be bluster, but Israel's won't be
David G. Savage: They sued their principals after slandering them online --- now the cases are headed to the Supreme Court
David Francis: Where to Invest in 2012: With stocks expected to rebound, opportunity abounds for investors
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Alexia Elejalde-Ruiz: Thriving through touch: Gentle massage helps older people with low mobility improve in mind and body
January 12, 2012
Warren Richey: Landmark Supreme Court ruling a 'resounding win' for religious groups
Warren Richey: Supreme Court says no to new rule on eyewitness testimony
John Fauber : Statins found to raise diabetes risk in postmenopausal women
Katy Hopkins : Consider This Before You Pay for an Online Degree
The Kosher Gourmet by Joseph Erdos: This mushroom and barley soup has an intense -- almost nutty -- flavor that mixes robust with Middle East. It has creaminess without cream
January 11, 2012
Shari Roan: Millions of atrial fibrillation sufferers at risk for devastating, but preventable, stroke
Tom Hussain: Pakistan -- recipient of more than $21 billion in civilian and military aid -- speeds pursuit of Iranian pipeline, defying US
David G. Savage: High court signals it won't be loosening TV's 'indecency' rules
Stephen Ceasar: Oklahoma's Islamic law amendment can't go into effect, court rules
January 10, 2012
Reza Kahlili: From an ex-CIA spy: US must exploit new split in Iran's Revolutionary Guard
Karen Kaplan: Study: Nicotine replacement products ineffective when used in real-life situations
January 9, 2012
Michael Doyle: Put through legal hell over dream home, couple fought back hard --- all the way to Supreme Court
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Jewish World Review
Oct. 27, 2008
/ 28 Tishrei 5769
How McCain could pull off a final week upset
By
Dick Morris & Eileen Mc Gann
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http://www.JewishWorldReview.com |
The most reliable surveys put McCain five to seven points behind Obama as we enter the last week of this interminable campaign. But in a race that will be famous for years afterwards for its volatility, it is not too late for the Republican to pull out a victory.
For Harry Truman in 1948, the presidential race shifted dramatically in the final week, and it's happened three more times in the past 30 years. In 1980, Reagan came from eight points behind to a solid victory by winning his sole debate with Carter in the last week of October. In 1992, Clinton, who had fallen behind in the polls because of the pounding he was taking over his liberalism and propensity to raise taxes, surged ahead of Bush when Special Prosecutor Lawrence Walsh announced that he was indicting Defense Secretary Casper (Cap) Weinberger, an indication of Bush's possible complicity in the Iran-Contra scandal. And in 2000, Bush's three-to-four point lead in the polls was erased over the final weekend when reports surfaced that he had been cited for DWI 20 years before and had not revealed the fact to the public. Bush still won the election, of course, but Gore won the popular vote by half a point.
What does McCain have to do to pull off a similar shift this time?
1. Use the stock market crash to highlight the tax issue. With the Dow Jones dropping each day by hundreds of points, this election is being held against a backdrop of economic fear unlike any since the Depression. Almost every reputable economist agrees that it would be catastrophic to add to the economy's woes by raising the capital gains tax. But Obama is on record as favoring an increase from 15% to 20% and suggested during the primaries that he would consider hitting 28%.
McCain should jump on the issue and challenge Obama to agree to a two-year moratorium on increases in the capital gains tax. If Obama agrees, McCain will score points for leadership. If Obama refuses, or ignores the challenge, McCain can attribute much of the drop in the market to the fear of increased capital gains taxation once Obama takes over. After all, its pretty obvious that if you keep 85% of your capital profits right now but stand only to keep 80% or 72% once Obama takes over, it's prudent to unload now. This pressure to sell is exactly what the markets do not need, and McCain can hammer the point home.
McCain can say that Obama's refusal to join in supporting a moratorium on capital gains taxation increases shows his commitment to class warfare - and that big government exceeds any concern he might have for stock market stability or the value of 401Ks or retirement pension funds.
McCain has already scored mightily with his invocation of Joe the Plumber and, polls show, he won the third debate by using the issue of taxes and small businesses. By early this coming week, his advertising will have achieved sufficient levels of frequency to have an impact on the polling.
2. Bring back Rev. Jeremiah Wright. For reasons that are beyond me, John McCain has vowed not to make an issue out of Rev. Wright's extreme anti-American statements. But that should not stop independent expenditure and 527 groups from raising the issue.
A good advertisement would alternate footage of Wright saying "God damn America" and 9/11 was just the "chickens coming home to roost" with an announcer explaining the relationship between the two men. The narrator might remind voters that it was Rev. Wright who married Barack and Michelle Obama and that Obama himself sat in the pews at Wright's church for 20 years as sermons like these were being given. It should point out that Obama only distanced himself from Wright a month after his remarks scandalized all Americans and cost him his momentum in the polls.
McCain is likely fearful that the establishment media would condemn him for running the ads. Their very effectiveness would ensure that the liberal media would fall all over themselves to denounce the tactic. But independent groups who want to prevent a leftist takeover of the government should not let liberal organs dictate their campaign tactics or their message.
3. Warn voters of impending socialism in America. The recent bailout legislation puts the United States government inside the ownership, management and direction of many of our major companies and financial institutions. The bureaucrats have entered as firefighters, trying to extinguish the blazes that threaten to consume these companies. But once the flames are put out, will the firefighters go home or will they set up shop and give the United States a socialist economy akin to that of Western European nations? Will the bureaucrats relinquish the power they are being given in a time of crisis?
McCain needs to point out that bureaucrats never let go of power unless they have to. He should say that with an Obama Administration and a highly Democratic Congress, we could face a long and perhaps permanent period during which entrepreneurial, private-sector capitalism disappears and loan applicants must win government approval for their financing.
Many people have become concerned with the growing power of foreign sovereign wealth funds in major American businesses. Will these funds use their influence and power to alter the financial policies and lending practices of America's leading banks and investment houses? But now the danger comes not just from abroad but from government intervention at home. The sovereign wealth fund that might be most influential in distorting our private capitalist system is the United States Treasury and the Federal Reserve Board.
Under conservative, pro-capitalist Republican management, we can, presumably, trust these institutions to exercise their power benignly and to turn control over to the private sector as soon as possible. We can count on their taking a hands-off policy toward the investment of the banks and financial firms in which they acquire an equity position. Except to control abuses like subprime mortgages and making marginal loans, we can expect that these federal institutions will act in our interest.
But if Obama's appointments take over the Treasury and the Fed, can we be as sure? McCain needs to point out that it was political meddling by liberals that led Fannie Mae and Freddie Mac to encourage subprime mortgage loans in the first place. Were it not for the pressure in the Clinton Administration to expand home ownership to poor people and minorities, Freddie and Fannie would not have relaxed their down payment policies and would not have been willing to guarantee mortgages without proof that the borrowers had sufficient income to repay the debts.
McCain needs to point out that it is precisely this sort of liberal pressure which led to the disaster and to warn that the power the bailout legislation gives the next president is so potent that it could destroy our concept of a private economy.
If the Dow continues to terrify investors and distract voters from the election, it will continue to bolster Obama's candidacy and his lead. But if there is some stability in the final week before the election, there is every chance that voters will take another look at Obama and decide that he is too risky. By stressing the tax issue and the potential of an Obama regime to subvert our free enterprise system, McCain can harness the crisis and warn voters of the impact of a decision to elect the most radical candidate for president in our nation's history.
Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.
JWR contributor Dick Morris is author, most recently, of "Fleeced: How Barack Obama and Hillary Clinton, Media Mockery of Terrorist Threats, Liberals Who Want to Kill Talk Radio, the Do-Nothing Congress, Companies ... Are Scamming Us ... and What to Do About It". (Click HERE to purchase. Sales help fund JWR.) Comment by clicking here.
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