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The top three reasons not to vote for re-electing President Bush:

1. Dropping the ball in the war on Islamist terrorism : Osama bin Laden is still out there.
2. Starting the war in Iraq : Iraq, whatever threat it might have posed, was not an imminent threat. Nor did Iraq have anything to do with Islamist terror.
3. Botching the war in Iraq : If WMD was the primary reason for going to war, then why did so many of the nuclear sites end up looted? One would have expected them to be secured for searches for WMD. You can wade through the humungous Duelfer report or see much the same thing in this editorial

The top three reasons to vote for Kerry:

1. He understands that Islamist terrorism is a specific threat, which cannot be solved by invading random countries.
2. He has better prospects than Bush of fixing Iraq - though the mess is so bad that we have Newsweek reporting that Colin Powell says in private that the insurgents are winning.
3. He will bring back budgetary discipline to the government. The fiscal deficit is one of those icebergs we are going to run into; and unlike in the past, foreigners are more reluctant than ever to hold this debt. China has indicated that it is diversifying - buying euro or yen or commodities or building up a strategic oil reserve, and reducing the amount of US treasuries that it buys.

P.S. GOP endorsements of Kerry