‘McCain has demagogued the issue of the financial crisis more than Obama,’ you all say. “The problem in the financial markets is due to the deregulation of the Bush Administration,” Obama’s statement in response to the first question in the first debate. Conclusion: It’s not demagoguery if you are talking about a true enemy of the people.
Obama is the communist (associate) in the gray flannel suit. He hasn’t done anything to upset any hierarchy. For instance, as the WSJ points out today, he wrote a letter to the Treasury secretary saying subprime was a problem, but when a bill putting restrictions on the FMs needed a Democratic vote in 2005 to get out of committee he was just ‘present.'