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	<title>Bookworm Room &#187; Vice Presidential Debate</title>
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		<title>A few comments about the debate *UPDATED*</title>
		<link>http://www.bookwormroom.com/2008/10/02/a-few-comments-about-the-debate/</link>
		<comments>http://www.bookwormroom.com/2008/10/02/a-few-comments-about-the-debate/#comments</comments>
		<pubDate>Fri, 03 Oct 2008 05:49:41 +0000</pubDate>
		<dc:creator>Bookworm</dc:creator>
				<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[John McCain]]></category>
		<category><![CDATA[Sarah Palin]]></category>
		<category><![CDATA[Joe Biden]]></category>
		<category><![CDATA[Vice Presidential Debate]]></category>

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		<description><![CDATA[I&#8217;ve watched almost all of the debate, but it&#8217;s bedtime now, and I&#8217;ll have to save the rest for later.  Three comments: 1.  The first, the most obvious, and the most pressing question:  How many botoxes did they kill to create that abnormally smooth, completely motionless forehead Biden was sporting?  That was creepy. 2.  Was [...]]]></description>
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<p>I&#8217;ve watched almost all of the debate, but it&#8217;s bedtime now, and I&#8217;ll have to save the rest for later.  Three comments:</p>
<p>1.  The first, the most obvious, and the most pressing question:  How many botoxes did they kill to create that abnormally smooth, completely motionless forehead Biden was sporting?  That was creepy.</p>
<p>2.  Was I the only who noticed that Biden speaks in the language of class warfare, while Palin talks of American exceptionalism?</p>
<p>3.  Regarding the debacle on Wall Street, I wish someone would explain clearly the difference between deregulation, and the issue of oversight, which would have prevented this from happening.</p>
<p>The problem on Wall Street wasn&#8217;t deregulation.  Instead, it was a problem of too much regulation &#8212; that is, the government started telling banks how to loan money.  The instructions required loans that went against banks&#8217; financial interests, so banks started doing funny-money stuff to protect themselves &#8212; and they did so with Fannie&#8217;s and Freddie&#8217;s active participation.  That was the Democratic side.</p>
<p>None of this would have happened if there had been oversight.  Oversight doesn&#8217;t mean telling Wall Street what to do, it means policing Wall Street to make sure that, when it makes business decisions, it does so honestly.</p>
<p>Obama/Biden want to increase how much government dictates to Wall Street, and we&#8217;ve seen what a disaster that is.  McCain/Palin want to get government out of bossing Wall Street around, and get government to do its more natural and appropriate role of <em>policing Wall Street.</em></p>
<p>Those two concepts are hugely different from each other but, because nobody&#8217;s articulating this difference, including McCain and Palin, Obama and Biden are getting away with conflating the terms, muddying the waters, and besmirching McCain&#8217;s reputation and foresight.</p>
<p>Overall, Biden smirked but didn&#8217;t gaffe; Palin was a little nervous, but hit the high points.</p>
<p><span style="color: #ff0000;"><strong>UPDATE</strong></span>:  I see <a href="http://michellemalkin.com/2008/10/03/totally-superficial-water-cooler-topic-whats-up-with-bidens-forehead/" target="_blank">I was not the only one to notice Biden&#8217;s forehead shield</a>.</p>
<p><span style="color: #ff0000;"><strong>UPDATE II</strong></span>:  I&#8217;m sure you&#8217;ve already read what the top bloggers have to say.  Here are links to what some of my friends (some of whom are coincidentally pretty top bloggers themselves) have to say:</p>
<p><a href="http://theanchoressonline.com/2008/10/02/palinbiden-debate-reactions-running-thread/" target="_blank">The Anchoress</a> (who has wonderful links)</p>
<p><a href="http://wizbangblog.com/content/2008/10/02/wow-palin-shock-and-awe.php" target="_blank">Lorie Byrd at Wizbang</a></p>
<p><a href="http://wizbangblog.com/content/2008/10/02/biden-misrepresents-obamas-pledge-to-meet-iran.php" target="_blank">Steve Schippert at Wizbang</a></p>
<p><a href="http://www.cheatseekingmissiles.com/2008/10/02/who-won-the-debate/" target="_blank">Cheat-Seeking Missiles</a></p>
<p><a href="http://www.brutallyhonest.org/brutally_honest/2008/10/quick-thoughts.html" target="_blank">Brutally Honest</a></p>
<p><a href="http://www.floppingaces.net/2008/10/02/reactions-to-the-vp-debate/" target="_blank">Flopping Aces</a></p>
<p>If you think someone wrote a particularly good debate post, please feel free to link in the comments.</p>
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