Jeffrey A. Setaro

Political & Cultural Commentary from a Constitutional Conservative.

John McCain

100 Economists Warn That Barack Obama’s Tax Proposals Could Throw the US Economy into Recession

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I’ve been debating whether to post this all day… Yes, it’s from the McCain campaign but ultimately I think it would be foolish to dismiss the opinion of a group of experienced economists out of hand. Economists Statement On Barack Obama’s Risky Economic Proposals 100 ECONOMISTS WARN THAT WITH CURRENT WEAK FINANCIAL CONDITIONS BARACK OBAMA’S […]

Analyzing the Polls

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AJ Strata has an interesting analysis of recent polls. Note the D-R-I split on “all voters” is 43-36-28. Most polls are weighting their sample by party affiliation, not policy preference. With the Democrat Presidential Primary drawing huge crowds and lots of GOP cross-overs to fight off Obama I would not want to put my reputation […]

Finally: McCain Blasts Obama, Democrats for Fannie/Freddie Meltdown

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Update: Scroll down for the video. It looks like the gloves are really off, John McCain is going to finally start talking about the economy and going after Barack Obama and Democrats for their roll in the failure of Fannie Mae and Freddie Mac. Our current economic crisis is a good case in point. What […]

Public Funding Limits Behind McCain’s Michigan Pullout?

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The Hill is reporting that public funding limits are behind the McCain Campaign’s decision to pullout of Michigan. Barack Obama’s decision to forego public funding for his presidential campaign helped force John McCain to withdraw from Michigan, abandoning an important strategic objective, said a McCain adviser. The withdrawal was a painful decision for Sen. McCain […]

Poll Question: Who Won The First Debate

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[poll id=”5″] Overall I thought McCain won on points… Although it was closer than it should have been. McCain clearly won on foreign policy but on the economy it was at best a draw. McCain needs to drop the populist rhetoric and stand up for conservative economic principles… In particular he needs to hit Obama […]

Video: Burning Down The House: What Caused Our Economic Crisis?

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This video has been floating around the web for a couple of days… It provides a detailed look at how the Community Reinvestment Act was used to push banks into sub-prime mortgages and how that distorted the housing market… And helped create the bubble that burst. A couple of caveats though… First it lays the […]

Back on the Trail…

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Statement from the McCain Campaign on negotiations  (H/T: Rich Lowry): John McCain’s decision to suspend his campaign was made in the hopes that politics could be set aside to address our economic crisis. In response, Americans saw a familiar spectacle in Washington. At a moment of crisis that threatened the economic security of American families, […]

Bailing on the Bailout?

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It looks like the bailout deal, if there ever was one, is collapsing… Democrats and Paulson are whining. ABC News’ George Stephanopoulos Reports: Treasury Secretary Henry Paulson fears the Wall Street bailout deal is falling apart after a chaotic White House meeting, sources say. Paulson walked into the room where Democrats were caucusing after today’s […]

Newsflash: Wall Street Journal Reporting Agreement in Principle Is Reached on $700 Billion Bailout

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From the Wall Street Journal: Congress reached an agreement in principle on a $700 billion package to bail out the financial industry, leaders from both parties said Thursday. They plan to present the deal to the White House later Thursday, hoping for a vote within days. Lawmakers said there were few hurdles remaining. “There really […]

A Failure of Leadership

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What I said yesterday about McCain and leadership… Scratch that. My first reaction to John McCain’s announcement that he was suspending his campaign and returning Washington to help craft a financial bailout plan was positive. I though it was bold move that could pay huge dividends down the road. This morning, after rolling it around […]

Leadership: McCain To Suspend Campaign To Focus On Economy

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John McCain has announced that he will temporarily suspend his campaign, effective tomorrow, so that he can return to Washington to work on the Wall Street bailout plan. He has also asked the Commission on Presidential Debates to postpone the debate scheduled on Friday in Oxford, Mississippi until congress has had chance to address the […]