Volcker Joins List of Obama Backers
WSJ-Former Federal Reserve Chairman Paul Volcker, the latest big name to endorse Sen. Barack Obama, could give the Illinois Democrat a boost by lending his gravitas in the financial world to a presidential candidate whose biggest hurdle is to convince voters he is experienced enough.
“After 30 years in government, serving under five Presidents of both parties and chairing two non-partisan commissions on the Public Service, I have been reluctant to engage in political campaigns. The time has come to overcome that reluctance,” Volcker, a Democrat, said in a statement today. “However, it is not the current turmoil in markets or the economic uncertainties that have impelled my decision. Rather, it is the breadth and depth of challenges that face our nation at home and abroad. Those challenges demand a new leadership and a fresh approach.”
He concluded: “It is only Barack Obama, in his person, in his ideas, in his ability to understand and to articulate both our needs and our hopes that provide the potential for strong and fresh leadership. That leadership must begin here in America but it can also restore needed confidence in our vision, our strength, and our purposes right around the world.”
I think that the Democrats have found a person that displays the type of image many voters expect in a President. He doesn’t have the weaknesses of most candidates in either party in that he is an excellent communicator and has so far, used his record to his advantage unlike Hillary and McCain and others that have to “live down” their records to get votes.
Does that mean he will win? No! There are lots of voters that don’t like his policies, his war stance, his church, and any number of things that have little to do with how he would act as President.
I do believe he would be more likely to try and do what he promises. If you don’t like more social programs than you won’t like him but, at least he is telling you up front what he wants.
For that matter Hillary is too but it is what she isn’t telling you she would do for her CFR buddies that worries me, same as McCain and the rest. If they are going to follow the Party at all, in either party, then they will be following as much as possible to stay elected, the directions of their “experts” on policy the CFR furnishes them.
Now with both parties saying they will spend, spend, spend to avoid a “slowdown,” both parties are going to run up deficits while they sing com by yah over the interest payments on debt.