Economics of Electability

Fascinating chart from State of the Union. I suspect that the conspiracy theories about the Democrats intentionally tanking the economy to win the election will begin in 5 . . . 4 . . . 3 . . . 2 . . . DOH!

Political Punch comments:

Blip, you want a conspiracy theory? What if the Democrats INTENTIONALLY sabotaged our economy for political gain. If they didn't plan this from the very outset (pushing the subprime flexible mortgage rates on those who could not afford to pay the mortgages even before the skyrocketting mortgage payments; knowing that eventually the housing market would turn south causing chaos and a crisis), they certainly intentionally ignored the numerous warnings.

And if you look back over the past several years, even when the economy was booming the Democrats (and the mainstream media) continued to portray our
economy as failing. Sure looks like they were hoping for an economic crisis. And now you want to reward them by giving them the keys to the White House?

24hourcampfire:

Amazing the depths that Dems will plunge this country and our citizens to,
just to have their socialist messiah elected.You wanted him; well, it looks
like he'll bankrupt us all to get us what you wanted.

Costing the American people millions, creating fear, and intentionally tanking
the market, all to win the election. Helluva portence for an Obama presidency.

American Spectator:

House Speaker Nancy Pelosi ordered her Majority Whip, Jim Clyburn, to essentially not do his job in the runup to the vote on Monday for the negotiated Wall Street bailout plan, according to House Democrat leadership aides."Clyburn was not whipping the votes you would have expected him to, in part because he was uncomfortable doing it, in part because we didn't want the push for votes to be successful," says one leadership aide. "All we needed was enough to potentially get us over the finish line, but we wanted the Republicans to be the ones to do it. This was not going to be a Democrat-passed bill if the Speaker had anything to say about it."

Where could they have gotten that crazy idea? Oh yeah:

Statement from McCain campaign:

From the minute John McCain suspended his campaign and arrived in Washington to address this crisis, he was attacked by the Democratic leadership: Senators Obama and Reid, Speaker Pelosi and others. Their partisan attacks were an effort to gain political advantage during a national economic crisis. By doing so, they put at risk the homes, livelihoods and savings of millions of American families.

Barack Obama failed to lead, phoned it in, attacked John McCain, and refused to even say if he supported the final bill.Just before the vote, when the outcome was still in doubt, Speaker Pelosi gave a strongly worded partisan speech and poisoned the outcome.

This bill failed because Barack Obama and the Democrats put politics ahead of country.