Much-Needed Advice for John McCain

John McCain is not politically dead -- yet.

Shockingly, after the worst month of financial news in a generation, his frenetic and ineffectual response to the crisis, and two indecisive debates, he is within mid-single digits according to the RealClearPolitics poll average. It seems almost unbelievable that his candidacy would still be viable, and yet it is.

So how should he spend the last four weeks of his campaign if he wants to stage the most remarkable comeback in presidential politics?

First, he needs to articulate in clear and simple terms why his economic plan -- and he does have one -- holds out the hope for financial recovery while Barack Obama's does not. His best chance is to make the case in the final debate, but he must, in every appearance and every interview, hammer home a central theme: Obama's plan of higher taxes and trade protectionism is Hooverism; his of lower taxes, free trade, and energy independence is Reaganism. The Fed and central banks around the world are throwing business a life preserver with interest rate cuts, additional lending, and debt relief, and Obama is throwing an anchor with high taxes and the promise of more burdens on business, with items like a health care mandate.

Second, Barack Obama's associations with a hodgepodge of left-leaning and corrupt cronies from Chicago -- Bill Ayers, Bernardine Dohrn, Larry Walsh, Tony Rezko, Rashid Khalidi, Reverend Wright, and Father Pfleger, to name a few -- are important. Why? Because they show he either suffers from an appalling lack of judgment or a broken moral compass. And he lied to the American people about these relationships, seeking to minimize or obfuscate his all-too-recent identification with and participation in a circle of radicals who now have proven to be embarrassing.