Having just tuned in to MSNBC to watch the coverage of the passing of the Paulson Bail-Out/Rescue bill, I happened to catch the tail end of a discussion on just when it was that John McCain's poll numbers began to fall. Right wing pundit Joe Scarborough pointed specifically to the Monday two weeks ago when McCain uttered his now infamous statement, "The fundamentals of the US economy are strong."
No matter how many ways the McCain campaign has tried to spin this, particularly, and repeated by Sarah Palin in the VP debate last night, that he was somehow referring to the American worker as the "fundamentals" he was talking about (yeah, right), it is pretty easy to see that this was the point that McCain lost a lot of credibility with the both right and center, and most importantly, with undecided voters.
I realize that the comparison has been made recently in regards to the whole "appeasement" debate, but in regards to a major political figure having a defining moment in which all credibility is lost, I can't help but think of poor Neville Chamberlain, who negotiated the Munich Pact of 1938 with Adolf Hitler.
When he returned to England in triumph, he proclaimed, “I believe it is peace in our time,” but his optimism had no basis and the failure of appeasement became obvious when Hitler invaded and conquered Czechoslovakia in 1939. (US Military Dictionary)
For most of us, McCain's "The fundamentals of the American economy are strong," rings as true as Chamberlain's "I believe it is peace in our time." A quick Google search on Chamberlain turns up this assessment in his biographical entry at
http://www.answers.com/topic/neville-chamberlain (yes I know, not the most scholarly of sources):
"His premiership was dominated, and destroyed, by his handling of foreign affairs. He had no grounding in the subject but was driven by a belief in his own rightness...He was destroyed by a disastrous incapacity to handle foreign affairs. He was unwilling to listen to others. Macmillan recalled that he was "quite sure of himself … at all times he was a difficult man to argue with … He knew he was right on all occasions."
Of course, we are not talking about foreign affairs in regards to the current crisis, but one simply has to substitute "economic affairs" in the above paragraph, to get an comparable and equally apt description of John McCain's personality as well as his erratic and reckless approach to the latest financial meltdown.
Having spent the past eight years with a president who also has had "no grounding in the subject but was driven by a belief in his own rightness", who can be described as "unwilling to listen to others," as well as having exhibited the hubris of being "quite sure of himself … at all times he was a difficult man to argue with … He knew he was right on all occasions," can we finally say that America has woken up to the fact the John McCain really does present nothing more than more of the same?