Peggy Noonan is dead right that both candidates are unserious about spending:

Mr. Obama continued to claim he will remove wasteful spending by sitting down with the federal budget and going through it "line by line." This is absurd, and he must know it. Mr. McCain continued to vow he will "balance the budget" in the next four years. Who believes that? Does even he?

And she is dead right about this:

We have seen Mrs. Palin on the national stage for seven weeks now, and there is little sign that she has the tools, the equipment, the knowledge or the philosophical grounding one hopes for, and expects, in a holder of high office.

And I am immensely grateful for this:

In all this, the conservative intelligentsia are doing what they have done for five years. They bitterly attacked those who came to stand against the Bush administration. This was destructive. If they had stood for conservative principle and the full expression of views, instead of attempting to silence those who opposed mere party, their movement, and the party, would be in a better, and healthier, position.

Ahem.

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