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April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Sept. 23, 2008 / 23 Elul 5768

Find me a demon

By Mona Charen


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http://www.JewishWorldReview.com | Neither of our would-be leaders covered himself in glory during the past week. A financial crisis (and for once the word "crisis" is apt) has opened beneath our feet, threatening to swallow G-d only knows how much of our prosperity in its maw, and the two candidates were unable to see beyond their own narrow political interests and unable to resist searching for effigies to burn.


John McCain's posture should have been obvious: He should have presented himself as the perspicacious statesman who had foreseen the trouble and warned against it. In 2006, McCain had called for more stringent oversight of Fannie Mae and Freddie Mac, whose failures underlie today's unraveling. In a press release at the time McCain declared, "If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole." He should then have outlined the kind of reforms he would undertake to prevent this from happening in the future. Had he done this, in tones more in sorrow than anger, he would have been able to reinforce his "reform" credentials without seeming opportunistic or rattled.


As it is, McCain lashed out at Wall Street: "Americans are hurting right now and there's going to be a ripple effect of this financial crisis because of the greed and corruption and excess — and Wall Street treated the American economy like a casino." He then recommended that SEC Chairman Chris Cox, one of the smartest and most able officials in the U.S. government, be fired. Now it may be that Chris Cox has made mistakes — who hasn't? — but the notion that he is responsible for this mess is, to say no more, a stretch. Instead of looking decisive, McCain looked petty by singling him out. He would have been better advised to aim his fire at Democrats in Congress who declined to regulate Fannie and Freddie adequately because they favored making questionable loans to so-called "underserved" populations. A bill to more strictly regulate the mortgage giants passed the Senate Banking Committee in 2005. But as Kevin Hassett of the American Enterprise Institute explains, "Democrats opposed it on a party-line vote "


Wall Street, whether McCain likes it or not, is identified in the public mind with Republicans (though, as the Center for Responsive Politics reports, the finance, insurance, and real estate industries gave more contributions to Hillary Clinton and Barack Obama earlier this year than to McCain). Still the perception endures that Republicans are the party of the rich. Railing against "greed and corruption" won't get McCain very far. But pointing up the Democrats' role — their cozy public/private partnerships, the multimillions made by Democrat bigwigs like Franklin Raines, Jim Johnson, and Jamie Gorelick — would certainly confound the image the Obama campaign is attempting to paint.


As for Obama, he has used the financial crisis as the pinup for Republican approaches to the economy generally, proof he says that "too many folks in Washington and on Wall Street weren't minding the store" and plucked a couple of McCain quotes out of context for good measure. Obama heaped scorn on McCain's comment that the "fundamentals of the economy are strong," omitting the next words, which were "but these are very, very difficult times." Obama (remember him? the fellow who was going to run a different kind of campaign?) also trotted out McCain's old quote "I'm always for less regulation" without clarifying that McCain had specifically called for more regulation of Fannie and Freddie, the two quasi-governmental entities that are at the heart of the current meltdown.


Obama seems to have dropped any pretense to running an honest campaign. Virtually all of his charges against McCain now dabble in deception. Noting that McCain wants to increase competition in the health care insurance market, Obama says, "So let me get this straight — he wants to run health care like they've been running Wall Street."


Now let me get this straight: the sub-prime mortgage disaster, created in Washington by politicians who wanted to increase home ownership and, yes, perpetuated by unwise gambling in the financial markets undermines the validity of competition? It really makes you wonder, when Obama invites voters to fire the "whole trickle-down, on-your-own, look-the-other-way crowd in Washington who (have) led us down this disastrous path" whether he really means capitalism itself.

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© 2006, Creators Syndicate

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