CAFFERTY: Wall Street Journal blasts John McCain

[gateley]

When you graduate 894th out of a class of 899, eventually it will show up.

And John McCain’s mediocre performance at the Naval Academy is showing up big time this week in his total lack of understanding of the nation’s financial crisis.

He told us he didn’t know much about the economy… now he’s proving it.

So much so that the Wall Street Journal, perhaps America’s leading financial publication, is blasting McCain over what its editorial board sees as inaccurate and, “unpresidential” comments about the crisis in America’s financial system.

If you’re a Republican running for president of the United States and the Wall Street Journal basically says you’re an incompetent buffoon, you’re in serious trouble.

Specifically the paper pointed to comments McCain made yesterday about SEC Chair Christopher Cox.

McCain pointed the finger at Cox and said if he were president, he’d fire him for “betraying the public’s trust.”

The Wall Street Journal called that assault “both false and deeply unfair.”

The Journal also said, “In a crisis voters want steady, calm leadership… not easy, misleading answers that will do nothing to help.”

Here’s my question to you: What does it mean when the Wall Street Journal slams Mcain on the economy?

(ANSWERS he received are at the link) http://caffertyfile.blogs.cnn.com/2008/09/19/how-does-the-wsj-article-affect-mccain/

[trof]

1. The equivalent of Lyndon Johnson losing Walter Cronkite?

Following Cronkite's editorial report during the Tet Offensive that the Vietnam War was unwinnable, President Lyndon Johnson is reported to have said, "If I've lost Cronkite, I've lost middle America."
http://en.wikipedia.org/wiki/Walter_Cronkite#Vietnam_War

[gateley]

3. Wouldn't that be nice. nt

[rsdsharp]

2. 894 out of 899 isn't "mediocre."

It's dismal. Appalling.

And then he went to flight school, the most sought after billet in the Navy. I'm guessing number 893 didn't get to be a naval aviator. But then his daddy and grand daddy weren't 4 star admirals. It helps a bit to be related to princes of the sea.

[ProgressiveEconomist]

4. IMO it means even Rupert Murdoch's afraid of McCain's incompetence, despite his

ideological allegiance to the deregulation policies that have made Murdoch billions of dollars

[gateley]

5. Love this response:

He hijacked Obama’s change theme, now he’s trying to hijack his economic plan. His slogan should be “what Obama said”.

[TheDonkey]

6. OUCH. WSJ is murdoch owned

[CrispyQ]

7. The comments are great! Definitely in favor of Obama!

I love Jack.

Before the Iraq war, Jack was as bushbot as the rest of CNN. Sometime after the war he had an epiphany. He has been one of our most out spoken commentators against this administration & the status quo, as evidenced by his diminished appearances on CNN. He used to be on the morning show & the weekend "In the Money" show. Now he has a few short spots during "The Situation Room."