The House didn’t pass the bailout bill, and now they are working to pass the reworked Senate version. Was this the worst of Washington or the Best of Washington.
Biden said that the bill was neither the best nor worst of Washington. But over the last 8 years Bush has given us the worst economic policies we’ve ever seen. He then smartly moved to point out the differences between the campaigns.
Palin said that our economy is hurting and started discussing how it can hurt regular working people. However, she then said that the Federal government has not provided the needed oversight and needed reform.
Really? Palin is calling for more oversight? I thought McCain was for deregulation.
Palin lost this question at the end. The fear of the families was a good start but bringing contradicting McCain and bringing up his campaign suspension was unwise.
How as vice president would you work to shrink the gap of polarization which has sprung up in Washington.
Biden brought up his history of bringing people together on issues like the violence against women act, putting more police officers on the street, and working to help fight the Bosnian genocide. He has friends on both sides of the aisle and can work with them.
Biden then went back to criticize McCain on his statement that the fundamentals of our economy are strong.
Palin responded by saying that the fundamentals of the economy are the American worker and they are very strong. She was trying to be patriotic with that statement. However, as my wife rightly pointed out, the unemployment rate is high (especially here in Louisiana). I would also add that when we give tax breaks to companies that ship jobs overseas, that it hurts the American worker and helps to weaken the fundamentals of the economy when they have to compete with workers in other countries that don’t share our labor laws.
I will also point out that Palin is trying to bring up reform as her central focus in this debate. So far she has said it 3 times. I shall keep a running tally. (She also started to stumble here).
Palin said that we McCain will bring something “new” to D.C.. That is laughable. (Reform count: 4). I think this answer was a tie though.
Who was at fault for the sub-prime lending market? Greedy lenders or the risky home buyers? What should you be doing about it.
Palin blamed the lenders for forcing people to accept predatory loans for homes that cost more than they can afford. (I am sure that Conservatives will LOVE that answer). (One thing I have to point out… when she said “you’re darn right” I could have sworn she was going to say “you’re darn tootin”).
Palin also called on “Joe Six Pack” and “Hockey moms” to not get into debt. She then called for strict oversight from the federal government over those organizations who manage our debt. Again, she called for more oversight. Isn’t John McCain against regulation?
Biden brought up that 2 years ago that Barack Obama pointed out the sub prime problems. Shortly after, according to Biden, McCain was surprised that there was a sub prime mortgage problem (personally I would need to see that fact checked). Biden brought up that McCain was always for deregulation. Biden brought up that McCain has been consistently for deregulation. He then moved back to saying how Obama will help the middle class and pointed out a story about a person buying gas. Biden asked this person how much a full tank of gas costs. The response? The man didn’t have enough money to ever buy a tank of gas.
Palin brought up a bill that suggested Obama wanted to raise taxes on people making $42,000 a year. Biden immediately stated how it was untrue that Obama voted to raise those taxes and on the bill she was talking about, McCain voted the same way. He also brought up that McCain voted almost 500 times to raise taxes. He then dug the knife in Palin about her avoiding McCain’s constant desire to eliminate regulation. And when given the opportunity to respond to deregulation, Palin insisted on bringing the tax issue back up. When she finally got to the point “regulation” brought up campaign finance reform and the tobacco industry before running out of time. Really? John McCain pushed for campaign finance reform so that is a counter to Biden’s charge that McCain is against regulation of Wall St? Give me a break Sarah! (And if anyone complains that the moderator cut Palin off in the middle of her response, remember that Palin insisted on talking about taxes and not regulation).
Biden was great on this part and definitely won the round. And Biden gave a great smile in response to Palin in a manner that was not condescending (but im sure the Republican pundits will claim otherwise).
Obama and Biden want to raise taxes on people making over $250,000 a year. How is that not class warfare? McCain and Palin want to eliminate the tax break businesses get to provide health insurance which some people (like me) have said will increase the number of uninsured. Why isn’t that taking things out of the poor?
Biden says that Obama’s plan is called fairness. That the middle class is struggling and need a break in taxes. Nobody under Obama’s plan who make less than $250,000 a year will see any (Federal) tax rise. (I put Federal in parenthesis because under Louisiana tax code, an decrease in Federal taxes increases your state taxes owed). He said that 95% of the people making less than $150,000 will get a tax break. He said the middle class is the engine of the economy. By stating that when the middle class does well, the wealthy do well, he emphasized Obama’s “bottom up” theory. Finally, Biden said that the wealthy will pay no more than they paid under conservative icon Ronald Reagan. A brilliant move.
Palin immediately called the Obama/Biden plan “redistribution of wealth” and said that the middle class and private sector needs tax breaks. Well, under the Obama/Biden plan the middle class does get tax breaks! I don’t think Palin listened.
Palin then defended McCain’s idiotic tax plan as “budget neutral” to government. You can read here why McCain’s healthcare plan is a failure. Palin also falsely called the Obama/Biden healthcare plan mandated healthcare and a “universal government run program”. The same link above also explains why Palin is absolutely wrong in her description of the Obama healthcare plan. And Biden’s response? Brilliant! He brought up the same point I bring up on my comparison of the Obama and McCain healthcare plans (that families will have to find some way to replace their $12,000 plan with $5000) and even brought up something new I forgot to include (that any healthcare benefits that are not dropped by employers will be taxed!).
Not only did Biden get the point there, he gets 3.
What promises has your campaign made that it will not be able to keep because of the economic crisis.
Biden said that they will have to slow down their commitment to double foreign assistance. They will also have to get rid of the Republican tax cuts. But we cannot slow up on education and building jobs for alternative fuels. And they wont slow up on their healthcare plans. They will eliminate current wasteful spending including the 100 billion dollar tax dodge that allows companies to put a P.O. Box offshore to avoid paying taxes… something he calls unpatriotic (and he challenged Palin on that directly).
Palin brought up the typical Republican attack on Obama for being critical of him for voting for the legislation that allowed oil companies to get a tax break (that Biden had just criticized) EVEN THOUGH Obama fought that part of the legislation. I guess Palin either forgot about that part or just hopes you do. But Joe Biden didn’t forget… and I stood up and applauded when he gave his response. Biden wins this round as well.
Climate change: What is true? What is false?
Palin said that Alaskans feel the effects of climate change. She said that there are cyclical changes that go along with human acts. She doesn’t want to talk about what caused the problems and she wants to talk about the solutions. Not a bad answer actually, if you believe that there are natural and man made causes.
Biden says that it is clearly man made. He pointed out that John McCain has opposed alternative energy in the past. Obama believes that by investing in clean coal and safe nuclear that we could create jobs and export our new technologies.
Do you support granting same sex benefits to couples?
Biden says yes. No distinction between a same sex and a heterosexual couple (except that gay people can’t get married).
Palin says no if those steps would cause us to change the definition of marriage. Obama and Biden also oppose gay marriage (something I fault them for).
Both candidates lose points on this question, at least in my book.
What should the exit strategy be in Iraq?
Palin told the same “we can’t afford to lose” lie. She should automatically lose for that alone.
Palin criticized Obama not voting for the troops. Biden criticized McCain for voting the exact same way.
Palin again brought up the false line about losing in Iraq. She said that our plan is a “white flag of surrender”. And while Biden correctly pointed out that McCain was fundamentally wrong on all the aspects of the Iraq war, the Democratic candidates still refuse to challenge the Republicans on the “white flag of surrender” B.S.
So because they refuse to say what needs to be said, this round is also a tie.
(I skipped some of the questions because there was really no comment to say beyond the typical response you would expect)
Palin kept bringing up that Obama/Biden cannot bring change if they keep looking back. Well, how can you change what was wrong if you don’t look back and examine it? Yes, it probably will make a good sound bite but in reality it is horribly flawed logic.
Palin kept referring to her position as Mayor as proof of her executive experience. How come she had to hire a city manager when she was mayor?
Oh, and the reform count is at 5.
Single issue that forced a change in a long term view.
Biden said that it was his view on how to approve Judicial nominees. He used to not believe in judging someone on their judicial philosophy but now he believes that it is a vital role of the nomination process.
Palin said with the exception of not vetoing certain legislation, that she has never had to change her mind.
My conclusions
Sarah Palin did a better job than I thought she would do, and not compared to the low standard that everyone set for her but she did manage to stand up there and not look bad.
However, when it came to the issues, Joe Biden clearly beat her hands down. Sarah Palin just repeated the same old rhetoric she has been stating this entire time. Again, Biden didn’t knock her out and completely hit a home run. Why? Because he failed to defend the charge that Obama/Biden would raise the right flag. Had Biden said:
Obama does not want to raise a white flag and surrender. Obama wants to help raise Iraq up to take care of themselves and has stated the plan we need to take to get them there. And when we raise Iraq to that point, Barack Obama and America will claim victory in Iraq.
For some reason they have not done that yet. Perhaps they are waiting for the final debate to give such a knockout blow. However, Biden did have some very strong jabs against Palin (especially when he called McCain’s plan a bridge to nowhere). He corrected Palin on the typical tactics that she made by attacking Obama for voting for legislation that included a tax break for oil companies when Obama clearly voted against that particular part of the legislation. Unfortunately, that was way to early in the debate and perhaps those points made will get lost in the entire realm of the debate.
But at the end of the day, if you look at the actual facts of the debate, Biden clearly won.