SMRs and AMRs

Saturday, October 11, 2008

A Candidate Who Embraces Opposites

By MICHAEL COOPER
NYT

At the presidential debate in Nashville last Tuesday, Senator John McCain made his case for fiscally conservative, smaller government, calling for an “across the board” spending freeze and denouncing what he described as Senator Barack Obama’s “government will do this and government will do that” approach to health care.

But Mr. McCain’s big proposal that night was to spend $300 billion in taxpayer money to buy bad mortgages from banks and refinance them, a plan conservatives quickly condemned as an expensive effort to nationalize the mortgage industry.

The juxtaposition of a hands-off approach to governing with an embrace of intervention — albeit intervention at a moment of national crisis — was hardly unusual for Mr. McCain. Throughout his run for the presidency, he has often proposed policies that appear to be incompatible with one another, if not contradictory.

His foreign policy, for example, calls for ostracizing Russia for its undemocratic ways by expelling it from the Group of Eight industrialized powers, a hard-line position that he took long before Russia’s war with Georgia this summer. But Mr. McCain also calls for fostering closer ties with Russia to negotiate a new nuclear disarmament agreement.

(Continued here.)

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