"The definition of insanity is doing the same thing over and over and expecting different results."
(variously attributed to Ben Franklin and Albert Einstein)
During the Republican primary debates January 10th, our next president, John Sidney McCain the Third informed America, "I believe the fundamentals of this economy are strong, and I believe they will remain strong."
“I still believe our fundamental underpinnings of our economy are strong” McCain reassured supporters January 23rd.
January 24th, McCain offered his Maverick™ assessment of worrying economic trends at a town hall meeting in West Palm Beach, Florida, saying, “A lot of this is psychological. A lot of it’s psychological. Because I agree the fundamentals of our economy is [sic] still strong.”
In March, McCain told 60 Minutes interviewer Scott Pelley, "I think it’s a disaster, but let me hasten to add, Scott, I think the fundamentals of our economy are still strong. [...] I would love to tell you that I have an immediate answer for that. And I don't."
March 25th, McCain spoke to a gathering of Hispanic small business owners in Santa Ana, California, saying "I still believe the fundamentals of our economy are strong."
In June, our next president told a press association convention in Lake Buena Vista, Florida, "I have a fundamental belief - that the - that the - that - I have a great belief that the fundamentals of our economy are very strong. Very strong!"
John McCain is a Maverick™ who's not afraid to stand up to Republicans like George W. Bush, who told reporters at a news conference August 10th, "The fundamentals of our economy are strong," or McCain campaign surrogate Chris Shays (R-CT), who told WNYC Radio's Brian Lehrer, "the fundamentals of our economy are strong," September 1st.
"I still believe the fundamentals of our economy are strong," John Sidney McCain the Third told conservative radio host Laura Ingraham ten days later.
Displaying his 26 years of experience in reacting to developing situations and adapting to new information, McCain reacted to the "Black Sunday" collapse of the investment-banking giant Lehman Brothers, the sale of an imploding Merrill Lynch to Bank of America, and a stock market that opened down 300 points Monday morning, telling supporters in Jacksonville, Florida this morning that "Our economy, I think — still the fundamentals of our economy are strong. But these are very, very difficult times."
Touting his proven experience in the S&L crisis of the 1980s as a ringleader in the Keating Five scandal, his association with top campaign adviser, lobbyist, and high-paid Swiss bank chairman Phil Gramm - the man responsible for much of the deregulation of the '80s and '90s that led to today's financial meltdowns - who called Americans worried about the economy "a nation of whiners" whimpering over a "mental recession," and running mate Sarah Palin, whose most notable economic "reform" is leaving the town of Wasilla 20 million dollars in debt, the McCain campaign released a new television advertisement focusing on the economy today, asserting that "Only proven reformers John McCain and Sarah Palin can fix it."
As economic advisor Donald Luskin wrote in Sunday's Washington Post, here at Women for John McCain, we're proud to support John McCain and Sarah Palin - because while John McCain may say "I know a lot less about economics... I still need to be educated," and "The issue of economics is not something I've understood as well as I should," and Sarah Palin has no experience at all on the national economy (or any other national or international issue whatsoever, for that matter) at least it's not as bad as the Great Depression :
Things today just aren't that bad. Sure, there are trouble spots in the economy, as the government takeover of mortgage giants Fannie Mae and Freddie Mac, and jitters about Wall Street firm Lehman Brothers, amply demonstrate. And unemployment figures are up a bit, too. None of this, however, is cause for depression - or exaggerated Depression comparisons. Full disclosure: I'm an adviser to John McCain's campaign, though as far as I know, the senator has never taken one word of my advice.
McCain-Palin 2008. At least it's not as bad as the Great Depression!
.
Crossposted at WomenForJohnMcCain.com - new "pants on fire" and other designs now available in our McCain Gear Shop! All proceeds from CafePress sales and site ad revenues to be donated to Obama for America 2008 and TruthAndHope.org !