Obama starts right in with the “Bush-McCain deregulation caused the economic crisis” myth.
McCain should have gone right after Obama’s false narrative. He’s instead going into the old talking points. Not good.
Obama hits again with class warfare and promises of handouts. Obama is here to win.
McCain hits on Fannie Mae/Freddie Mac – “Obama’s cronies” – here we go.
Obama effectively ties the credit problem to it’s effects on ordinary employees. But then he dives back into the phony “deregulation” talking points.
Obama points fingers, then claims he doesn’t want to point fingers – cynically smooth.
Obama is going to cut spending?!? He’ll really say anything.

Obama says “we’ve got to deal with education” – Bill Ayers for Secretary of Education?
Obama calls for higher taxes on America’s employers heading into a recession. McCain seems to be letting it go. He goes into his old riff on reining in spending. The gloves are still on.
Obama: “After 9/11, Americans were ready to come together” (then Democrats set out to demonize President Bush more than al Qaeda or Saddam Hussein).
Brokaw: What can the goverment do to keep Americans from going into debt?
Obama: “It starts with Washington” (doesn’t everything, if you’re a liberal?)
McCain: Tax-raiser Obama = Herbert Hoover. McCain seems to be warming up a little now. Good – “Let’s not raise anybody’s taxes.”
Obama: “A tax cut for 95% of Americans” (even many who don’t pay any income tax, so he’s really talking about spending, not tax cuts. McCain better hit him on that.)
McCain on Global Warmism: Touts his cap-and-trade bill with Lieberman. But then – Nukes! Yes. Clean, generates lots of power, with no carbon dioxide emissions, and no burning of fossil fuels.
Obama: The same double talk on nuclear power. “McCain voted against alternative fuels.” We assume this means McCain voted against taxpayer subsidies for alternative fuel boondoggles, like solar and wind power, that Obama supports. Again, everything has to come from Washington, with taxpayer funding (if you’re a liberal).
“Should health care be treated as a commodity?” Now there’s a loaded question.
Obama: “You can keep your plan” (How generous of him!) “We’ll work with your employer” (Whether they like it or not)
McCain: Obama’s approach is government mandates. We need to give people choice, not mandates.
Obama doesn’t understand what rights are. This should be disqualifying.
Obama hits McCain for opposing expansion of SCHIP, sold as a program for lower-income children, to cover adults and middle class families. Repeats the lie “McCain favors deregulation in every circumstance.” McCain lets it go! Come on.
McCain: “America is the greatest force for good in the world.”
Obama says he doesn’t understand why we invaded Iraq. Not that he disagrees, but he doesn’t understand. This too should be disqualifying. Maybe he should talk to President Clinton, who signed the Iraq Liberation Act in 1998.
“Should we respect Pakistani sovereignty…” Good question.
Obama blames it on Iraq. A knee-jerk talking point, not a thoughtful answer.
McCain is exactly right, that the intention to attack across the border should not be announced loudly and publicly as part of a political campaign.
Obama: “We have to withdraw responsibly from Iraq” But his plan was to withdraw in defeat regardless of conditions, even before the surge he opposed worked. He’s been dead wrong on Iraq, an advocate of surrender. This too should be disqualifying.
Good question form the audience on Israel and the UN.
McCain: We obviously wouldn’t wait for the UN Security Council.
Obama: “We can’t allow Iran to get a nuclear weapon.” Talk is cheap.
“When President Bush said ‘we’re not going to talk to North Korea” This is a lie, one that Obama has repeated. The administration engaged in multi-lateral talks with North Korea, the kind of multi-lateral talks Democrats usually advocate. But it’s more important for them to attack the president than to tell the truth or uphold their own standards.
Obama: “we need fundamental change” (to erase the great economic expansion started under Ronald Reagan, and retreat to the tax-and-spend policies and economic stagnation of the Carter years.)