Frank Beckmann: McCain blunders by choosing populism instead of principle

If the polls are right, Sen. Barack Obama will win the upcoming presidential election, leaving Sen. John McCain to look back and regret that he assumed the mask of a maverick politician rather than that of a Ronald Reagan conservative. While McCain has succeeded in drawing some independent support, his uneven strategies during the financial crisis and election stretch run -- including his inexplicable announcement suspending his campaign in Michigan -- could well be his political undoing. While occasionally invoking the Reagan name in public appearances and debates, McCain this week proposed an un-Reaganesque government program to free homeowners of the responsibility to repay mortgage principal at a cost of $300 billion to the people who are making their own mortgage payments. His proposal is similar to one previously... [read full story]                    

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