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--A. Serwer
Sarah Palin's favorite publication, The Economist, seems to have snubbed her ticket by endorsing Obama:
Political fire, far from rattling Mr Obama, seems to bring out the best in him: the furore about his (admittedly ghastly) preacher prompted one of the most thoughtful speeches of the campaign. On the financial crisis his performance has been as assured as Mr McCain’s has been febrile. He seems a quick learner and has built up an impressive team of advisers, drawing in seasoned hands like Paul Volcker, Robert Rubin and Larry Summers. Of course, Mr Obama will make mistakes; but this is a man who listens, learns and manages well.Clearly, Obama's center-left economic brain trust is simply a cover for his radical plan to repossess white people's property and redistribute it to the People's Army of the Black Fist (all references to the People's Army must be bolded). The Economist, which endorsed Reagan back in the day (and Bob Dole!), is most critical of McCain in his acquiescence to the party's extreme right wing, and where it has taken the party:
I expect this to move as many votes as that New Yorker endorsement, but the trend of financial publications like the Financial Times and The Economist endorsing Obama exposes how inane McCain's socialist/communist line of attack is. But it's not like that approach has ever actually been about policy.
Somehow Ronald Reagan’s party of western individualism and limited government has ended up not just increasing the size of the state but turning it into a tool of southern-fried moralism.[...]
The fiscal conservative who once tackled Mr Bush over his unaffordable tax cuts now proposes not just to keep the cuts, but to deepen them. The man who denounced the religious right as “agents of intolerance” now embraces theocratic culture warriors. The campaigner against ethanol subsidies (who had a better record on global warming than most Democrats) came out in favour of a petrol-tax holiday. It has not all disappeared: his support for free trade has never wavered. Yet rather than heading towards the centre after he won the nomination, Mr McCain moved to the right.
--A. Serwer
