Markets Are Booing McCain's VP Choice

Alongside last Friday's announcement that Alaska Gov. Sarah Palin would be John McCain's running mate, the Dow Jones industrial average fell 170 points. Stocks have shown weakness ever since.

While there are many factors that move markets, a looming electoral contest between a tax-hiking Democrat versus a nominally pro-growth Republican surely weighs heavily on market psyche. It says here that the markets concluded that whatever John McCain's true economic views, he has handed the election to the anti-growth candidate with his selection of Palin.

Stocks were presumably booing a running-mate choice that will greatly aid Barack Obama's election in November. Running against a candidate suddenly much less credible thanks to the Palin selection, Obama will now have much less reason to temper the liberal rhetoric that's put him within striking distance of the White House.

I very much prefer Palin to McCain and Obama in spite of her big goof re Bristol's pregnancy, a scandal that could have been minimized. What does it say about her judgment and values?

Oh, I would much prefer Palin myself- I would happily consider a Palin ticket without McCain! My main problems with Palin are these:

1. Not that she is inexperienced, but that there is not enough track record to properly assess her abilities and character. Because of this, one must tend to judge her as "inexperienced".

2. She increased severance fees (taxes) on oil companies, and then converted the resulting revenue surpluses into "tax rebates" for Alaskan citizens. That stinks of wealth redistribution, no matter how one slices it, and it bothers me greatly.

Those are my only two critical points against Palin. I like her, I find her engaging, quick, and capable. But I also find the messiah-like qualities being attached to her to be quite silly.

She is a pretty typical Western woman. One can find dozens folks just like her in towns all over the Rockies, Governor, and speechifying aside. I am afraid her bar is being set so impossibly high that she will be unable to live up to the role that people seem to be assigning to her.

As to the pregnancy of her daughter, I do not think I would have exposed my own daughter to world wide scrutiny in the midst of her shame. I probably would have declined the job. But that is me, and I do not speak for the Palin Family, nor hold them to my standard on this issue.

I also do not hold the sins of the daughter against her, or her family, or against Sarah Palin herself. Many good families have had sons and daughters go astray- There, but for the grace of God, go my own. What is important is how the family handles itself in this crisis, which it is doing perfectly as an entity, and as individuals. There is *nothing* there to criticize, IMHO.

I also have a modicum of common sense and have looked at the reality of an Obama victory and it’s subsequent consequences.

As I have looked at both an 0bama and a McCain victory respectively and each of their consequences...

You are apparently unfamiliar with the treachery of the enemy, either that nor you are one of them.

I am wholly convinced that there is as much treachery within the ranks of the liberal and moderate Republicans as there is within the ranks of the Democrats, and the nature of the Republican treachery is worse, as it masks itself in the guise of opposition to liberalism, when in fact, it is in collusion with it.

The left thinks nothing of changing rules or making law to suit their nefarious purpose. What makes you so sure their WILL be a next election as we have known them in the past? Suppose, JUST SUPPOSE you are wrong?

The single most dangerous thing directly threatening your vote is John McCain's amnesty. They have already tried to pass it twice, then tried to pass it piecemeal, all against the very loudly expressed wishes of the American people. If it happens, the Republicans will never hold a house of federal government again, and will likely be removed from most state houses in a decade.

I'll tell you what. If you can convince me that there is a valid pro-American reason why Republican senators and a Republican administration would be sponsoring amnesty legislation that is sure to remove Republicans from power forever, I will vote for John "the Traitorous Bastard" McCain.

It is ludicrous to say McCain is for raising taxes because [...]

Tell me how he does cap n' trade global warming crap without taxes. Expect more environmental regulation too, which is more hidden taxation as well.

How does he pay for his socialist health care model without raising taxes?

How does he finance his new Union of Democratic Nations? Twinkies?

That said comparing the history and future policies of McCain and Obama leaves no doubt who between the 2 is the better choice

I will concede the point your boy is somewhat less socialist, and somewhat cheaper- Not that that has anything to do with anything. The problem here is that Republicans are supposed to OPPOSE socialism and spending, not be "less adept" at it. If they will not ~OPPOSE~ it, and promote Conservatism, they have no reason for existing.

And now with palin in the wings as his number 2 there is a real shot at our guys being the first to seat a woman in the WH. A race between Hillary and Palin would be classic, a true confrontation between “Beauty and the Beast”

It isn't about seating a woman in the Whitehouse. it is about seating a competent Conservative in the Whitehouse. These gimmicks are of little value.

You are another one issue (taxes) voter and seemingly don’t want to look at the life issue or the security issue, both of which are strongly on the side of McCain.

LOL! Actually, FICON is probably my weakest suite. I am a Reagan Conservative with strong SOCON leanings. I seek to guard all three pillars of Conservatism.

McCain is not strong on Life- It is a specialty of mine, and he has always been little more than an opportunist. He alway votes all right on Pro-life issues, but also votes to fund Planned Parenthood, our arch-nemisis, attempted to silence us with McCain-Feingold, has often expressed his desire to remove the Pro-life plank, Has come out against Constitutional Amendment for life, is weak on Roe v. Wade, and has spoken out harshly against the Religious Right in general. And everyone knows he is for fetal stem cell research, creating a market for aborted human children. The Christians owe John McCain *no* support.

Just on McCain-Feingold, McCain-Kennedy and Guns, he is an impossible candidate for the libertarians, not to mention sovereignty issues like the Lost treaty, the NAU, the NAFTA highway, World Courts, all of which McCain will surely support.

As to Security, Again, I will vote for McCain if you can give me a reasonable explanation, from a national security standpoint, for leaving our Southern Border exposed and open to all comers, when it's security risks are not only evident, but proved to be a point of entry by multiple Arab groups entering our country.

As to being a one issue voter, that is an easy accusation to make, and is also a baseless one. Reasons to refuse McCain abound, and you probably well know that.

“The single most dangerous thing directly threatening your vote is John McCain’s amnesty. They have already tried to pass it twice, then tried to pass it piecemeal, all against the very loudly expressed wishes of the American people. “

McCain says he will secure the border first....maybe a big lie, but Obama promises he won’t even try.

So, here we are folks. Obama/Biden are going to push us to socialism, raise taxes, leave us unprotected and leave the borders wide open.

McCain...no one is real sure, but we’re sure of the dems.

So, what ya gonna do? It’s TOO late to even consider the 3rd party alternatives unless you’ve got a billion dollars to try to get them exposure.

Palin is a winner and too good to be tossed for 3rd party idealism.

And to be clear, YES, we need a recognized 3rd party. Gov. Palin wasn’t afraid of that.

What makes you so sure that you will stop McCain from passing his amnesty and hopelessly tilting the table of the electorate in favor of the liberals with 30-50m spanking new Socialist Democrat voters?

The single most dangerous thing directly threatening your vote is John McCain's amnesty. They have already tried to pass it twice, then tried to pass it piecemeal, all against the very loudly expressed wishes of the American people. If it happens, the Republicans will never hold a house of federal government again, and will likely be removed from most state houses in a decade.

No doubt. I fear that McCain has given us Palin as a smokescreen and when she gets him elected, she'll be put out into the cornfield and McAmnesty can resume his liberal agenda. And have it tarnish the term 'conservative' and ruin Palin's chances in '12.

I'm not saying I won't vote for her (not him, note), but that the cries of 'We are saved now!' here are just as unthinking as what the Dems do. We still have McAmnesty at the top of the ticket. I'm waiting for the debates to see if he is now more conservative or is she will become more liberal. They do have to be united and be of the same opinion on issues, unfortunately.

“But, since it’s McAmnesty we’re talking about who loves to side with Dems over his own party, we won’t know till it’s too late.”

oh, I think he’s saying it loud and clear. Those who’ve been distracted by Sarah are practically jumping up and down with glee, but their fingers are in their ears, because they’ve got Sarah now and she’s the only way they can rationalize supporting him. It will be very interesting to see if they change their mind about her if her position on amnesty/illegal immigration/border security falls in line with his.

I wonder if McCain considers Juan Hernandez a “willing Patriot”.

“I don’t work for a party. I don’t work for a special interest. I don’t work for myself. I work for you,” McCain said”

.....”And after we’ve won, we’re going to reach out our hand to any willing patriot, make this government start working for you again, and get this country back on the road to prosperity and peace,” McCain said.”

I fear that McCain has given us Palin as a smokescreen and when she gets him elected, she'll be put out into the cornfield and McAmnesty can resume his liberal agenda. And have it tarnish the term 'conservative' and ruin Palin's chances in '12.

That is precisely the case, Cottonball, though I would add that amnesty (whether or not the border fence), if enacted prior to '12 automatically means that Palin's chances are gone anyway- A moot point.

Here is the true danger of amnesty:

In an electorate where Presidential races are being decided by a few million votes at best, and where congressional races can be determined by a few thousand, What do you suppose the impact of 30m-50m newly minted socialist democrat voters will be?

And given that there will be some form of chain migration, if not originally, then added later, what chance is left to the Republicans (not to mention the Conservatives) in a decade?

Extrapolate that data down to state and county races as well, and the impact of this legislation becomes very sobering indeed.

@AIT; rabscuttle385:

I ping'd you here a'purpose because this angle is something that you do not reckon in your message. The impact to our culture is indeed tremendous, but that is not the immediate danger. Our cultural damage is already done, and would continue it's downward spiral.

But the moment that amnesty is enacted, Republicans will lose control of the Rocky Mountain states from Colorado southward, all of the Desert Southwest states, most of the Deep South (including Florida), and the southern Midwest becomes very, very iffy. IOW, Republican strongholds would be forever surmounted and gone away, and the Republican party will never win an election again.

My question, which no one has been able to answer is this:

Why would Republican Senators and Republican administrations be sponsoring this legislation which will surely be their doom?

We cannot lose sight of this conundrum, as it's answer will be the proof of their treason, no doubt.

This is a one way, fast-track ticket to socialism, and if McCain gets it done in the next four years, there is no hope left at all, unless we take it back by force of arms. The vote, by then, will be powerless.

The FENCE is also immaterial. There is already enough illegal population here to do it, fence or no fence, and once amnesty is proclaimed, the fence can be legislated out of existence, which is precisely why McCain is satisfied to "Build their g*dd@mned fence if it will shut them the hell up." Amnesty will mean open borders, either before, or after the fact.

We CANNOT compromise at all, or our nation will be done. "No Amnesty" (most importantly) followed closely by "Go Home", along with "WTF?? (Where's the Fence??)"

Please ping to this post as you see fit.

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