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Thursday, 09/25/2008 7:40:56 AM

Thursday, September 25, 2008 7:40:56 AM

Post# of 476166
In the current financial crisis, only McCain is indispensible
Posted by: Bill Dyer at 2:00 AM
(Guest Post by Bill Dyer a/k/a Beldar)

Hugh's summary of today's events, posted earlier tonight, is exactly accurate, and I agree with it all. With his, and your, indulgence, here's my own very similar (albeit far more wordy) take:

*******

A politician can declare that he is a leader. His political party can declare that he's a leader. And hundreds of thousands of acolytes around the world can swoon devotedly at his feet, and he can rack up all the trappings of leadership. But none of that in fact makes him into a leader if he actually isn't one.

Crises reveal, make, and define leaders. When the crisis is over, it's easy to recognize in hindsight who the leader was, even if there was some doubt as to that during the crisis itself. Looking back, we can recognize a leader because he's the one who the other potential actors and decision-makers actually followed.

I do not care what anyone says today, or what buffoons like Michael Moore said at the time: George W. Bush led through the ruins of 9/11/01 and kept us safe from further attacks on our soil for the seven years thereafter. However much nuance future historians may put on his two terms in office, that will be the one-sentence verdict of history as understood and remembered by the public. Well-educated eighth graders in 2088 will know that even if they know nothing else of his presidency.

More one-sentence verdicts which we also all know: Washington gave this nation its birth of freedom in the Revolutionary War. Lincoln saved it from self-destruction in the Civil War. Teddy Roosevelt brought us recognition as a world power. FDR led us from Pearl Harbor through the defeat of fascist empires in Germany and Japan. Truman stood fast at the beginning of the Cold War. And Reagan won it.

Sometimes the one-sentence verdicts of history are not flattering. Grant, a great general, was an inept president unable to control corrupt cronies. Hoover lost the country's confidence that he could deal with the Depression. Carter collapsed when America was first confronted with radical Islamic terrorism. And Clinton, in a time of no particular external crisis, nevertheless let his ego and appetites rule him, in the process bringing shame to the Office of the Presidency.

*******

Now is a time of crisis too. I don't think it's remotely as great a crisis — not yet, anyway — as those mentioned above. But it's the biggest one we've faced since we were confronted with the immediate prospect of a humiliating defeat and surrender in the post-war occupation of Iraq.

John McCain shares credit, with Bush-43 and a far-sighted general named Petraeus, for surmounting that crisis too. And therefore it should be no surprise that when this one abates — when a deal is struck, a bill is passed and signed, the markets calm, and the nation gratefully exhales — we'll see that McCain once again put his campaign, his potential presidency, and his entire legacy at risk in order to exercise responsibility. And we'll see that when he did that, others from both parties followed.

I'm acutely aware of John McCain's many flaws and faults, and I have a list as long as my arm of mistakes I think he's made in the past and instincts that I think he needs to guard against in the future. He'll make more mistakes; he'll infuriate me and many others from time to time; he'll get some things wrong in the future, too. But I have no doubt whatsoever that John McCain is a genuine leader, one who other decision-makers will actually follow in a crisis — even if they're from the opposing party, even if they don't particularly like him, even if they're not at all sure that he's right and they're mostly just grateful he stepped up because it helps them cover their own precious butts.

When immediate action is essential, John McCain will act, and they will follow. And thus, in the present financial crisis in September of 2008, now that everyone agrees that immediate action is essential, John McCain is simply the one indispensable man in Washington.

It is vastly premature to try to predict the one-sentence verdict of history on a McCain presidency. But we can be entirely confident that it will not be: "He froze, he panicked, he ducked the responsibility, and he talked a good game but let precious and fleeting opportunities pass him and his country by."

Such is my prediction. I am on record. Amen.

*******

What's already abundantly clear in this crisis, however, without the need for any hindsight, is that Barack Obama has failed to lead.

Indeed, when the crisis engulfed them, those who've had the best first-hand opportunity since January 2005 to watch him try to do his job — his fellow senators, even the leaders of his own party who mouth the words about him being "the next President of the United States" and the hope of a new generation — didn't call a halt to everything and send out a plea for his personal presence in Washington. Their actions and in particular, this inaction, shows that they know in their hearts that Obama is no real leader. They know he's simply a well-cut, slick, but empty suit onto which the trappings of leadership have been projected. And when it comes to putting their own careers, their own modest places in history, on the line, they certainly didn't look to him for guidance.

The only reason for Obama's abrupt 180-degree pivot today was to provide his campaign and his party with a fig leaf: Now they can pretend that both his and McCain's presence and participation in Washington were essential to the striking of any deal. To do otherwise would be to cede the election to McCain outright.

Nevertheless: Except for the sole purpose of maintaining his campaign's dignity, Barack Obama is today the single most dispensable member of Congress.

That doesn't mean McCain will win in November. But it means that he should.

— Beldar



http://hughhewitt.townhall.com/blog/g/4a065fd1-b000-45cb-abf3-1a1c3ba5aacd

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