I’m going to try to be lest transcripty and more “here’s what my impressions were.” As with the VP debate, I was out at karate during, so I’m DVR-blogging …
Ah, good — C-SPAN. I love C-SPAN. Real people, sitting there, waiting for things to start, clock ticking down interminably. Reality TV. Brokaw waits for his cue (which we saw on the teleprompter).
Here we go.
You selected the questions from among thousands? Wow, Tom.
Obama polished. McCain stocky and smily. Smiling quick howdy. Obama sits down, McCain takes notes.
Brokaw’s voice has not aged well.
How do we bail out people quickly and effectively. Obama does the standard thanks. Final verdict of the last eight years, supported by McCain. Boilerplate response. #1, making the bailout work. #2 Middle class — tax cut, infrastructure projects, mortgage problems. Health care, etc. [But no quick answer given.]
McCain does the thanks thing. Totters over. Quiet resolve. “I have a plan.” Energy independence. $700bn canard again. Keep all taxes low. Stop the spending spree. $10tn debt. Reform, prosperity, peace in the world. Need to do something about home values. I would order Secty Treas to buy up bad mortgages, renegotiate at low value. Expensive, but will stabilize home values, and that will make all well. My friends, to everyone else. Not Obama’s proposal, not Bush’s proposal.
Who to become Treas Secty? McCain declines to name a name, but has to be someone Americans identify with and believe in. Warren Buffett (an Obama supporter). Meg Whitman (eBay). Need to inspire trust and confidence. We don’t have trust and confidence in our institutions — corruption, greed, excess.
Obama — Warren a good choice. The key is that the next Secty is not just helping those at the top but the middle class. McCain and I have fundamental disagreements. More boilerplate. Gets on a roll talking, pulling away from the question, giving talking points. Stabilizing housing prices is not enough.
Brokaw chides folks on time.
McCain question on how the bailout is going to help people (um, very similar question). No, it’s a “rescue.” Greed and excess on Washington and Wall St. I suspended my campaign to make sure there were extra protections for taxpayers (really?). Fannie and Freddie were the match. And Obama and his friends had the Fs make all those risky loans! I warned!
(Margie’s chiding McCain)
Democrats wre getting campaign contributions. Obama was a huge recipient.
(What about your campaign worker, John.)
So let’s buy up bad loans and stabilize housing pricing. Fannie and Freddie were the match. Some stood up against it. Some didn’t.
Obama: The rescue package frees up the credit markets, so that small businesses can get loans and make payroll. Correcting McCain’s history: biggest problem was the deregulation of the financial system — which McCain bragged about. Two years ago, I noted the subprime lending crisis, writing to federal leaders and told them it needed to be dealt with. McCain was all happy with deregulation. What McCain didnt mention about the Fs was that (a) it wasn’t his bill, (b) he didn’t get on until late, (c) it didn’t pass. Brings in the lobbyists on McCain’s campaign. Rescuing mortgages is now in the bailout — but the Secty needs to exercise that poewr.
So, Obama — is the economy going to get worse? No, confident. But will take leadership from Washington on regulations, better modern market controls, internatoinal stuff, and families staying in homes, and changing the culture in Washington vs lobbyists.
McCain — depends on what we do. If we stabilize the housing market — repeat repeat repeat repeat repeat. (Boy, he sure likes this one idea. He keeps dragging that in.) End corruption in Washington. Letter we wrote warning of this — and Obama wasn’t on the letter. We can fix this! America, rah! rah! rah! Give them a chance!
Obama question: How can we trust either of you when both parties got us into this global economic crisis? Obama: …
(Margie is unimpressed with the questions — basically the same questions so far.)
… people have been acting responsible. In Washington, no — plenty of blame. But … Bush ruined the surplus. Bush doubled the national debt. Nobody’s innocent, but decificit spending on those budgets — and McCain voted on 4 of 5 of those.
So reform health care to fix budget. Energy. College affordability. Spending cuts — cutting more than I’m spending. But with new priorities.
McCain: System in Washington is broken. I’m a consistent reformer, taken on the special interests etc etc etc etc campaign finance reform … climate change … calls for bipartisanship. Obama has never taken on his leadership.
(Margie is scolding McCain again.)
Go to some watchdog orgs. Varoius tax-cut orgs. Obama has the biggest liberal spending record. $860bn of new spending! He voted for every increase in spending that I saw come across the floor (whenever you were there, John). Voted for a bn of earmarks or porkbarrel — $3mn for an overhead projector for someplace in Chicago. Look at our plans, reforms, jobs, working, economy, etc. Energy independence! Drilling offshore and nukes! I’ve been supporting those and I can eliminate that $700bn (bzzzt, bad number again).
Brokaw chides him on time.
Health, energy, entitlement reform? Highest priorities? McCain: Work on all three at once. My friends, we cannot provide the same benefits for our young workers. We need to sit down, I have a record of reaching across the aisle. We can work on nuclear power plants. Alternate fuels! America! Rah! $700bn! Terrorists!
Health care — struggling, but we can do them all at once, we have to. All three are compelling national security requirements.
Brokaw chides on time.
Obama: we have to prioritize (how realistic!). Energy. (He knows the price of gas.) Investment in being free from dependence on foreign oil. JFK and the moon program. Health care #2 — bad not only for families but for businesses. #3 Education.
But … look at records. Earmarks? Yeah, I’d like to go line by line to eliminate programs that don’t work. But we also have to look at where tax revenutes are going. $300bn tax cut — Bush cuts plus — to give to big corporations and Big Oil, that’s money out of the system.
Brokaw chides both about time.
McCain: What sacrifices will you ask people to make to get out of our woes? I will ask the American people to eliminate osme programs. We have to examine everything. Defense spending — saved taxpayers money on refueling tanker bid that was handled poorly (of course, he got support from the previously losing side). We have to eliminate earmarks — not just that overhead projector of Obama’s, but some good projects, too. Spending freeze, except defense, VA, and “other vital programs.” Priorities with transparency, not earmarks.
And we can tackle health care and energy at the same time. Americans! We can do anything! Rah!
Obama: 9-11 (!) Ah, country coming together willing to do things to make us better and more unified. Bush opportunity missed was telling people to go out and shop. Leadership to tackle these problems in government, and outside. Energy: we all need to think about how we use it — more oil production, yes, oil exploration — and that includes acres they already have. Clean coal, nukes, but … conservation, too. Incentives for fuel-efficient cars from America, etc. That will require effort.
The young people are interested in service. Doubling the Peace Corps, volunteer corps in communities.
(Obama is coming across as earnest, well-spoken, a little talking-pointish. Precise, smooth, but not engaging. McCain’s your favorite, friendly, opinionated uncle, “my friends.”)
Discussion: Everyone got drunk? How will we break bad habits of too much debt and easy credit. Obama: Starts in Washington. Looking at the spending side *and* revenue. Earmarks are only $18bn. Tax cuts that give CEOs $700K tax reduction. Telling a teacher to tighten her belt when others are living large.
Across the board spending freeze is using a hatchet. We need a scalpel.
McCain: Nailing jello to the wall about Obama’s tax policy, but he wants to raise taxes.The last president to raise taxes during tough times was Hoover. (And I remember him!) His tax increases will increase taxes on 50% of small business revenue, cutting jobs, because of Obama tax increases. Let’s not raise any taxes, my friends. In favor of reducing taxes — doubling tax exemption on kids, $5K tax credit on health insurance unlike evil Obama plans.
Obama wants to respond. Brokaw doesn’t allow — but next question about entitlement programs. Brokaw — give a deadline on fixing this time bomb?
Obama: We need to. Want to in first term. But we’re not going to solve SSI and MediCare until we understand tax policies, and McCain plan bad.
Obama want to provide a tax cut for 95% of Americans. If make less $250k/yr, won’t see a dime increase. Small businesses? Only a few percent make more than that. So tax cut for all. And 50% tax credit for small businesses to buy health insurance for their workers. McCain wants to give $300bn tax cuts to large corps and the richest. That’s not fair and it doesn’t work. If we get tax polciy right, and fix the last eight years that McCain supported, we can deal with SSI and Medicare. Well-stated point.
McCain: Not that hard to fix SSI, just tough decisions. Bipartisanship has been done before — St Reagan! Obama has never taken on his party leaders. (Margie is scolding him again.) Medicare is much tougher and complex. Need a commission! Recommendations! Like base-closing commission, make them vote it up or down.
Oh, and tax stuff. Rhetoric and record. Obama has voted to increase taxes, against tax cuts. He promised a middle income tax cut when he came to the Senate. Look at the records, rah rah rah.
How to get Congress to move fast for the environment. McCain: I’ve disagreed strongly with Bush Admin. Joe Lieberman (again, again, again) and I put forward environmental stuff. Obama is all atwitter about nuclear power waste, but I’ve been on a nuclear Nacy powered ship and it’s safe and clean!
BZZZZZZTTTT!!!
(Oh, that one’s gonna sting in the morning.)
(Bad miscalculation as well because it wasn’t an energy question but an environmental question.)
(We pause the DVR and discuss nuclear energy and its economics for a few minutes. Which segues into a discussion of France, crematoria, European real estate speculation, and other such digressions.)
We can reprocess nuclear fuel, and Obama is opposed to it, and we can do all sorts of keen green stuff, battery powered cars! And jobs! We’re the best innovators! America! Rah!
Obama: Not just a challenge but an opportunty, because it’s not just a new energy economy but new jobs and industry. Investment. I’ve called for it. Nukes? We both agree, but … McCain says pols haven’t done anything for 30 years, and 26 years McCain has been there, and has been voting against alternative fuels.
(Obama’s let the “environmental” question get hijacked into energy.)
Drilling? Note our demand on oil vs reserves.
Brokaw chides candidates again on time.
Should we fund a Manhatten project on alternative energy? Or 100K garages? McCain: Pure R&D by the govt is a great idea. Bush-Cheney energy policy full of pork, Obama voted for, I voted against! Evil earmarks! Evil pork! Oil drilling offshore is vital! If nothing else, will reduce speculation. Nukes, look at the record.
Health care – is it a commodity? Obama: Breaking family budgets, small business budgets. We have a moral commitment and economic imperative to do something. My plan: If you have health care, keep it; will work with employer to reduce costs (prevention (Margie cheers), e-records); if you don’t, you’ll be able to buy Fedl employee class insurance, including no preexisting conditions. McCain bait-switch of $5K vs taxation of benefits, and states could not provide state regulations; and today the Chamber of Commerce condemned the McCain plan.
(The disadvantage of this sort of “town hall” is that McCain has to move a lot. And he moves like a really old man. It’s not doing him any favors.)
McCain: Health records online. “That’ll reduce ‘medical errors,’ as they call them.” (Margie is aghast.)
(Digression into discussion at home of e-medical record systems. KP has an advantage because it’s all in-house. OTOH, the Fedl Govt is a horrific source of computer systems … E-systems biggest advantage is overcoming doctor handwriting problems. Priority is portability of medical records vs privacy issues.)
Clinics! Efficiencies! Fundamentals … Obama = big government mandates! Fines! Fines on parents! I want to give a $5K refundable tax credit to go across state lines! More people will be covered! Natter, repeat, etc.
Is health care a privilege, right, responsibility?
McCain: Responsibility. We should have it for every citizen and family member. But govt mandates are always making nervous. Everyone understands responsibilities. But folks nervous about fines. And mystery fines.
Obama: A right. In a country as rich as this … and his mother example (zing!). Recaps his plan. Denies mandates. McCain voted against SCHIP. Obama notes that it’s important for govt to crack down on insurance companies that are cheating Insurance companies will move to a state with minimal requirements for what they need. That’s how it works in banking and Delaware. No consumer protections — deregulatoin with McCain.
Brokaw – (McCain interrupts with a chuckle)
How will economic stress affect our ability to be a peace-maker?
McCain: Strong military requires strong economy. Lots of criticism of America … but greatest force for good in the world. Peacemakers and Peacekeepers. Knowing when we can go in and when not. It requires judgment and experience.
(Did McCain actually just raise the issue of judgment about when to send in the Marines?)
Preventing genocide, terrorism. My record, from anti-troops to Lebanon, to supporting Bosnia / Kosovo / Kuwait — a record I will stand on. Obama wrong on Iraq’s surge, Georgia and Russia, and no time for OTJ training.
Obama: McCain suggests I don’t understand. yeah – How did we invade a country that had nothing to do with 9-11 while OBL is setting up camps to attack us. McCain suggested Iraq would be quick and easy. One of the difficulties is the strain on the heroic, honorable troops, but also on our budget. It will keep going up if we follow McCain’s policy. We can use that $10bn — to pay for those things that McCain hasn’t explained how he’ll pay for.
Never been a nation where economy has declined and maintained its military. Plus, we’ve squandered the diplomatic strength.
Brokaw: What is the Obama doctrine for use of force when there’s no national security issues at stake?
Obama: Moral issues at stake. If we could have stopped the Holocaust, or Rwanda, we’d have to act. (Stumbling a bit.) When we stand idly by, it diminishes us. We have to consider intervening where possible — but we can’t be everywhere all the time, which is why we have to work in concert with our allies.
McCain: If we had done in Iraq what Obama said to set a date for withdrawal, Petraeus! War! Iranian influence! My friends! Al Quaeda! I’ll bring troops home in victory and honor! (Margie starts yelling at the TV as to “What is victory? What is victory?”) We have to say Never Again, but also need to be able to affect the situation in an effective way — need a cool hand at the tiller. Somalia debacle. Lebanon. I know that. I’ve been in those situations all my life. (Really?) I won’t take those decisions lightly. (Kind of fumbly end.)
Should the US respect Pakistani sovereignty and not go after al quaeda there?
Obama: Difficult situation, because we made a bad judgement in leaving Afghanistan off the hook in favor of Iraq. Central front on terrorism, etc, etc, boilerplate. Can’t coddle a dictator in Pakistan when he makes peace treaties with terrorists. We will expand non-military aid, but insist on their going after these guys — and if we have OBL in our sights, and Pakistan won’t act, we will.
McCain: Terry Roosevelt is my hero. Talk softly and carry a big stick. Obama is talking loudly. We should lie to Pakistan and not tell them what we’re going to do. (That’s not what he said, but effectively.) Mangles some Afghanistan history. Petraeus! Iraq success! We need to help the Pakistan govt — I’ve been to Waziristan! But not threaten to attack! Use force, but don’t
Obama wants a follow-up. McCain says go ahead. Brokaw gives in.
Obama: Nobody calling for the invasion of Pakistan. We should if they can’t or won’t. McCain suggests that this is naive. But this is the guy who sang Bomb Bomb Iran. That’s not speaking softly. Next Up, Baghdad! Ditto. The reason Americans are unpopular in pakistan is because we supported Musharrif.
McCain: Not true. Not true. I understand about sending young Americans into harm’s way. A joke about Iran. I know about this. Obama will attack Pakistan. I’ll get OBL, I promise (really? You have a secret plan?) but I won’t telegraph my punches. I’ve acted responsibly throughout my military career and in the Senate. (Really?!)
Sr. British commander and diplomat, we’re failing in Afghanistan, we need an “acceptable dictator” — how do we reorg Afghanistan strategy.
Obama: Get Iraq to take more responsibility, move troops out responsibly, and get more of those troops into Afghanistan. Work with Karzai govt (I met him!), and we want a democracy, but one that’s resposive.
McCain: Petraeus! He’ll fix it! I’ve talked with him! It’s the Surge! Surge! Surge worked! Obama won’t admit it! Surge! Petraeus! Peace with honor!
How can we apply pressure to Russia on humanitarian issues without a Cold War?
McCain: No Cold War, but Russia is a bunch of bad kids, and I warned about Putin a long time ago. Georgia! Ukraine! Need to show moral support for them, get them into NATO, make Russians understand penalties. That will modify their behavior. G8, others. Bad, naughty Russians, and with allies we will spank them. But it won’t be a Cold War.
Obama: Can’t just provide moral support to the former Soviet satellites, but also financial and concrete assistance to rebuild economies. George seriously hurting. But also need to anticipate problems; in April, I warned about situation in Georgia. Need to anticipate the 21st Century challenges. Need to avoid the last 8 yrs or just being reactive, and McCain agreed that we coudl just muddle through in Afghanistan. And with Russia — energy is a key.
Is Russia the Evil Empire?
Obama: Evil behavior, and dangerous nationalist impulses.
McCain: Maybe. Depends on our responses. Energy a key factor. Georgia and Ukraine. Surge! (Just kidding) We can deal with them, but they need to understand they face a determined USA rah!
If Iran attacks Israel, would we commit US troops or wait for the UN?
McCain: Gratuitous CPO comment. We owuld not wait for the UNSC (with Russia and China). Iranians. Nukes! Threat! Middle East! Proliferation! Second Holocaust! Stinking Corpse! Obama wants to sit down and negotiate without preconditions. Sanctions! League of Democracies! That’ll l’arn ’em! Service and sacrifice — we cannot allow a Second Holocaust.
Obama: Gratuitous service comment. Can’t let Iran get nukes. Destabilize region, possible terrorism. Will never take military options off the table, and not let the UN have veto power. But … need all the tools at our disposal to avoid that situation. Work more with other countries, tighten sanctions, reduce energy consumption, reduce their gasoline imports (goofy). I believe in direct talks so that we can deliver direct messages. When we take that approach, we have a better chance than simply not talking to people.
Last question: What don’t you know, and how will you learn it?
Obama: Michelle is there, and she can give you a list. The presidency is never the challenges you expect, it’s the ones you don’t. Would not be here if country had not given opportunity. Family, scholarships, etc., went to great schools and succeed anywhere else in the world. The question in election, are we going to pass on to that dream to the future — (Obama hits his stride into the oratory) If we continue the last 8 years things will not get better.
McCain: Don’t know what’s going to happen. Challenges unprecedented. Americans hurting. Challenges around the world. Countries that we don’t know where they are. Family of service. Know dark times. Fight for hope. Reliance on others for support. Believe in America, etc. etc. etc. Record. Steady hand on the tiller.
And there it is.
Amusingly they block Brokaw’s teleprompter as he wraps up.
Analysis to follow.