TARP, baby!

A mostly political Weblog.
Sept. 30 2008 8:21 PM

TARP, Baby!

Explaining Paulson's plan better than Paulson.

(Continued from Page 34)

**--Of course, then Hillary and Bill might have been up there. Still, it would be in a subordinate role. ...

P.S.: I'm not saying the speech won't help him. I expect it will. I'm saying it seemed flat. ... 8/29 Update: Bounce. ...

P.P.S.: Peggy Noonan notes the  lack of "humor, and wit, and even something approximating joy." ... Michael Goodwin saw a mismatch between the speech and the stage. And the speech might have seemed better if the setting hadn't raised expectations of a monumental performance. ... Jeremy Lott: "This address was not nearly as good as his keynote speech at the 2004 Democratic convention. His lines this time ran from serviceable to pretty awful." ... David Broder:

His [2004] Boston speech -- and many others early in this campaign -- suggested that he was sincere in wanting to tamp down partisanship and would be creative enough to see the need for enlisting bright people from both parties in confronting the nation's problems.

But the Denver speech, like many others he has given recently, subordinated any talk of fundamental systemic change to a checklist of traditional Democratic programs.

More: Obama said, "[W]hat I will not do is suggest that the Senator takes his positions for political purposes." Clever. It seems like a slap at netroots incivility. But taking positions "for political purposes" is actually a fairly honorable thing to do compared to the venality and other forms of bad faith of which politicians are routinely accused on the Web. (Think Halliburton.) And it's hardly a sacrifice for Obama to forswear this tactic. On issues where McCain has flip-flopped, such as immigration, taxes and torture--Obama plans to make precisely the opposite charge anyway: that McCain's new position reflects McCain's real views. Of course, McCain probably actually took these new positions "for political purposes"--but that's the argument McCain's defenders will make. ("Oh, he had to say that to get the nomination.")

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Valued reader feedback: Emailer J.G. wonders why I didn't like this passage:

We may not agree on abortion, but surely we can agree on reducing the number of unwanted pregnancies in this country. The reality of gun ownership may be different for hunters in rural Ohio than for those plagued by gang-violence in Cleveland, but don't tell me we can't uphold the Second Amendment while keeping AK-47s out of the hands of criminals. I know there are differences on same-sex marriage, but surely we can agree that our gay and lesbian brothers and sisters deserve to visit the person they love in the hospital and to live lives free of discrimination.

I agree the graf outlines an appealing compromise-based model of how President Obama might actually operate--a model that jibes with his state house history. But it still leaves his own views annoyingly vague and mysterious. ...

Handicap: Maybe I didn't feel the full impact of the speech because I watched it from behind a glass barrier in the Invesco press box, an unfortunate situation documented in this Slate V video. My colleagues seemed to like it more than I did.

...  9:49 P.M. link

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