I trend libertarian on political issues. In general, I favor free markets, personal responsibility over government intervention, and issues handled at the proper level of governance. That means there are many things I think the federal government shouldn't touch, but I'm fine with it at the state or local level. I disagree with the Republican Party on abortion, assisted suicide, and gay rights, and have never been pleased at the religious right's involvement in setting positions. I frequently wish that there were more credible options than the Democrats and Republicans, who split my views on economics and foreign policy versus social issues. And I wouldn't have voted for Mike Huckabee, no matter who the Democratic candidate turned out to be. I'd probably have gone third party or write-in, given what I explain below, but I'm never a lock for the Republican Party.
This year, as so frequently in the past, I tend to go by process of elimination. It's a choice trying to find the lesser of two evils, because I've yet to find a candidate for national office that fully reflects my political positions and beliefs. The primary process rewards extremes, but I hunger for a moderate. I'm actually surprised that John McCain is the Republican nominee, because he's the one candidate who had a snowball's chance in hell at overcoming the Democratic advantage in this election.
My calculus in which presidential candidate to vote for is heavily weighted toward foreign and security policy, probably 60 to 70 percent. Add in another 10 to 15 percent for economic principles, and there's not much left over. I could agree with you on all the social issues, and you could agree with me on foreign and economic policy, and we could support different candidates depending on which issues we each think are most important.
There's a lot of noise in every election, issues that I could care less about (immigration) or that aren't really important (fashion). Both sides have acted in ways that make me wince. In multi-criteria decision making, experts recommend narrowing down the criteria to three to five big items that clearly differentiate between options. Thus, I tend to wave off a lot of things that have been big news over the past few months, because I can't be bothered and all they do is confuse the big picture.
There will be links below, if you want expansion of some of the things behind my thoughts. In general, quite a few of them are probably more partisan in tone than I'd wish, but it's been difficult to find objective news coverage this election cycle.
Foreign Policy
I thought about voting for Senator Obama, vaguely, back in the primaries when I was waiting for certainty on the Democratic ticket and all I knew was that he talked a lot about "hope" and "change." Then he said, during the Democratic debates, that he'd meet with Iran and Venezuala and North Korea without preconditions, and I was flabbergasted. Regardless of attempts to soften his position once the wider campaign got underway, that is what Obama said (there is video on YouTube), and he followed it, a bit later, with another position that took me aback (although I can't remember the details now, it could have been something to do with the United Nations, that bastion of inertia and deadlock, or maybe his opposition to keeping troops in Iraq).
Investigating his foreign policy stance more thoroughly, I realized that Obama's worldview is so different from mine that I can't support him. I lived through the Jimmy Carter years (my first memories of the wider world are the Iran hostage crisis), and Obama's positions are eerily similar to that administration. Multilateralism to the detriment of quick action. Diplomatic efforts over any military options. Economic sanctions that only work when they are universally supported or narrowly targeted. I trend hawkish on regions prone to crisis, because over and over and over again history has shown that talking to adversaries only works when they genuinely want to deal. There has to be good faith, and that's not possible when anything but threat is met with contempt. Perhaps Senator Obama's faith in diplomacy would alter once in office and dealing with the realities of the world, but it would be a steep learning curve and I don't want to rely on that when there are so many challenging regions the United States will have to address in the coming years.
Senator Biden's recent comments were mind-boggling only because Obama's running mate articulated my fears in public. Over the next year, likely trouble spots include Iran (nuclear program, support to Hizbollah and Iraqi insurgents), Pakistan (Taliban presence, fragile government, economic crises), North Korea (nuclear program, ballistic missile programs, potential famine), Venezuela (Hugo Chavez' efforts to distract from the failures of socialism with bellicosity), Russia (a bully, resurgent after their Georgian adventures), a rising China, as well as the perpetual lurkers of global pandemics, terrorism, and unforeseen events. During the campaign, Senator Obama has consistently responded to looming crises with comments that fundamentally misunderstood their nature and potential impacts. His preferred foreign policy approaches are not ones I can support.
The Foreign Policy Difference
America second
Biden's record of being wrong of foreign policy
Security Should Be the Deciding Issue
Global View
Charles Krauthammer -- McCain for President
The Economy
The second area where Senator Obama's positions concern me relates to his economic policy. Tax hikes and huge new spending programs? "Spread the wealth," as Obama so memorably answered Joe the Plumber? No. The word socialism has been thrown around a lot lately, and those measures definitely have its stench. Historically, socialism has almost always failed (I believe Scandinavia is the exception to the rule? Homogenous, low population, and oil reserves are the difference, if I’m recalling correctly). The Soviet bloc collapsed utterly, economies in ruins. China's communist party remains in power only because they began a shift to capitalism in the late 1980s. Cuba and North Korea have seen devastation once their Soviet and Chinese patrons withdrew support. And in Western Europe, where socialism never went as far, there was still stifled economic growth, raging unemployment, and economic stagnation.
Today, Venezuela can't keep the lights on, even though they're an exporter of oil, thanks to Chavez's socialist government.
Per the Wall Street Journal:
The sequence is always the same. High-tax, big-spending policies force the economy to lose momentum. Then growth in government spending outstrips revenues. Fiscal and trade deficits soar. Public debt, excessive taxation and unemployment follow. The central bank tries to solve the problem by printing money. International competitiveness is lost and the currency depreciates. The system stagnates.
And:
Calculating how far society's top earners can be pushed before they stop (or cut back on) producing is difficult. But the incentives are easy to see. Voters who benefit from government programs will push for higher tax rates on higher earners -- at least until those who power the economy and create jobs and wealth stop working, stop investing, or move out of the country.
Given the economic chaos of late, and the definite signs of recession, the last thing America needs is higher taxes acting as a drag on recovery. The causes of the recent crisis can be traced directly back to government interventions in free markets: efforts to increase home ownership among minorities (a noble goal!) led to the creation of the "subprime" mortgage market. Fannie Mae and Freddie Mac, government-sponsored entities, guaranteed the loans and increased moral hazard. The derivatives market bought up packages of third and fourth-degree removed loans and spun them into a fantasy of profit. Home values skyrocketed, encouraging home equity loans and risky mortgage schemes. Rising energy costs over the past year finally burst the bubble, leaving the financial sector paralyzed. Big firms fail. Credit markets freeze. And suddenly, everybody's talking like the Great Depression is around the corner again.
Except that Obama's policies would prolong and worsen the problems. With the collapse of the subprime mortgage market linked to bonus-mongering by the heads of Fannie Mae and Freddie Mac who later went on to have roles in the Obama campaign, I'm dubious about Obama's ability to manage anything economic. And I'm someone who doesn't think the President, in normal times, has much to do with economic growth or contraction!
The Declaration of Independence's famous "life, liberty, and the pursuit of happiness" is paraphrased from British philosopher John Locke's "life, liberty, and property." He theorized that improvement in property, work invested with returns reaped by the owner, brought about economic growth. Rewarding hard work, instead of redistributing wealth, is the way to go. Capitalism is not perfect, by any means, but it's far better than other options that have been tried and failed.
Wall Street Journal, 22 September 2008: Going back decades, but especially in the past 15 or so years, our politicians have promoted housing and easy credit with a variety of subsidies and policies that helped to create and feed the mania. Let us take the roll of political cause and financial effect.Hope and Change?
How Government Stoked the Mania: Housing prices would never have risen so high without multiple Washington mistakes
New York Times, 30 September 1999. Read it and weep: In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.
Bloomberg News, 22 September 2008. Take away Fannie and Freddie, or regulate them more wisely, and it's hard to imagine how these highly liquid markets would ever have emerged. This whole mess would never have happened.
Obama's record on the financial sector
Searching for Obama's 95 Percent
Mortgage lending took that "reckless and unsustainable turn" because of regulation
The Economist: Capitalism is at bay, but those who believe in it must fight for it. For all its flaws, it is the best economic system man has invented yet.
Detailed history of government actions leading to the mortgage crisis
Shame, Cubed: The entire purpose of the Constitution was to limit government. That limitation of powers is what has unlocked in America the vast human potential available in any population. Barack Obama sees that limiting of government not as a lynchpin but rather as a fatal flaw.
Forbes.com: How Capitalism Will Save Us
Gallup, July 2008: When given a choice about how government should address the numerous economic difficulties facing today's consumer, Americans overwhelmingly -- by 84% to 13% -- prefer that the government focus on improving overall economic conditions and the jobs situation in the United States as opposed to taking steps to distribute wealth more evenly among Americans.
The third area where Obama disturbs me is what his past association and record say about how he would govern. Aside from the William Ayers issue (a man who skeeves me out something fierce – he wishes he'd done more than bomb the Pentagon? And cavorts with Hugo Chavez about the joys of socialist education?), there is nothing in Obama's accomplishments to date that indicate the slightest chance that he would actually implement his "change" rhetoric. The Economist review of David Freddoso's book on Obama's political career says:
If Mr Obama really were the miracle-working, aisle-jumping, consensus-seeking new breed of politician his spin-doctors make him out to be, you would expect to see the evidence in these eight years. But there isn’t very much. Instead, as Mr Freddoso rather depressingly finds, Mr Obama spent the whole period without any visible sign of rocking the Democratic boat.
His record is devoid of anything that would give me the slightest bit of proof that he could actually fulfill the promises made in his lofty speeches. His campaign has been negative and divisive at times. For all of John McCain's failings, he at least does have a record of bipartisanship and meaningful reform. He gets things done. Senator Obama introduced next to no legislation in the Senate. He began his career with legal shenanigans to disqualify opposing candidates, and navigated the corrupt Chicago political machine with ease. His campaign has been trying to silence critics using tactics that indicate contempt for principles of free speech. Hope and change and the like aren't possible if you can't even talk to the opposing side.
Barack Obama's Lost Years
The Messianic Style
Evil Under the Sun
Fire in the Night by John M. Murtagh, City Journal 30 April 2008
Inside Obama's ACORN, a group under state and federal investigation for voter registration fraud.
A history of ACORN, for those, like me, who'd never heard of them before.
Media Distortions
The final thing I'd like to note is how disturbing I've found media coverage of this election. It's turned into Bizarro World, with newspapers vehemently denying prior coverage if a subsequent event makes it disadvantageous to Barack Obama while at the same time reporting every rumor on Sarah Palin as if it were truth from on high. There are huge segments of Senator Obama's adult life that have not been scrutinized, or where his narrative has been accepted without question, while the New York Times runs hit pieces on John McCain's wife. I'm used to seeing subtle bias in news reporting – negative poll numbers given prominence for Republicans, positives highlighted for Democrats. What I'm not used to is the blatant double standards applied to candidates for all branches of government in this election. It does a grave disservice to the public, and depresses me almost as much as the lack of knowledge or understanding about bases for conservatism other than social issues.
Camille Paglia on Sarah Palin: Over the Labor Day weekend, with most of the big enchiladas of the major media on vacation, the vacuum was filled with a hallucinatory hurricane in the leftist blogosphere, which unleashed a grotesquely lurid series of allegations, fantasies, half-truths and outright lies about Palin. What a tacky low in American politics.
Palin rumors debunked and more.
On Palin's accomplishments as governor.
Imagine the press coverage if Obama's associates were McCain's.
Judge not?
Going after Joe the Plumber for daring to ask a question
[W]orse than all the unfair and distorted reporting and image projecting are the shocking gaps in Obama's life that are not reported at all
Media's Presidential Bias and Decline
Pew Research: Voters overwhelmingly believe that the media wants Barack Obama to win the presidential election. By a margin of 70%-9%, Americans say most journalists want to see Obama, not John McCain, win on Nov. 4.