Alaska’s largest and most influential paper the Anchorage Daily News has endorsed Barack Obama. It seems that John McCains credibility fell into question over the way he fell in line with the extreme right on some of his longstanding views so quickly after being at odds with the same people for over 25 years.
“Sen. McCain describes himself as a maverick, by which he seems to mean that he spent 25 years trying unsuccessfully to persuade his own party to follow his bipartisan, centrist lead. Sadly, maverick John McCain didn’t show up for the campaign. Instead we have candidate McCain, who embraces the extreme Republican orthodoxy he once resisted and cynically asks Americans to buy for another four years.”
McCain also fell into question as being unable to solve the financial problems of our country and showed he seemed to shut down when the going got tough, such as when he “closed” his campaign during the financial crisis.
“Sen. McCain has stumbled and fumbled badly in dealing with the accelerating crisis as it emerged. He declared that “the fundamentals of our economy are strong” at 9 a.m. one day and by 11 a.m. was describing an economy in crisis. He is both a longtime advocate of less market regulation and a supporter of the huge taxpayer-funded Wall Street bailout. His behavior in this crisis — erratic is a kind description — shows him to be ill-equipped to lead the essential effort of reining in a runaway financial system”
Senator Obama on the other hand remained cool and during the crisis having warned regulators well in advance of the economic meltdown.
“Sen. Obama warned regulators and the nation 19 months ago that the subprime lending crisis was a disaster in the making. Sen. McCain backed tighter rules for Fannie Mae and Freddie Mac, but didn’t do much to advance that legislation. Of the two candidates, Sen. Obama better understands the mortgage meltdown’s root causes and has the judgment and intelligence to shape a solution”
They look to Obama for economic policies with bipartisan support, although after this election, there may not be enough republicans to matter.
“It is easy to look at Sen. Obama and see a return to the smart, bipartisan economic policies of the last Democratic administration in Washington, which left the country with the momentum of growth and a budget surplus that President George Bush has squandered.”
And as far as Obama leading the Military goes:
“The unqualified endorsement of Sen. Obama by a seasoned, respected soldier and diplomat like Gen. Colin Powell, a Republican icon, should reassure all Americans that the Democratic candidate will pass muster as commander in chief.”