Long story short ...
McCain is a war hero and an unquestioned patriot. Obama has questionable associations, and his best friends hate America -- they think it's racist, bigoted, phobe, etc. I don't think Obama goes quite this far, but it's still a marked contrast.
McCain wants to pretty much keep taxes where they are. Obama wants to raise them.
McCain is more likely to aggressively prosecute the war on radical Islam. Obama is likely to end it.
McCain is pro-life, Obama is pro-abortion.
McCain is more likely to appoint conservative judges (like Roberts, Alito, Bork). Obama will certainly appoint liberals. This is especially important because federal judges do not run for their offices, and hold it until they retire. These positions are very powerful.
McCain is more likely to try to curb "pork" and excess government spending, although Republicans are not particularly strong here. Obama will certainly continue giving existing en lements, and search for more. If you think our government isn't big enough, then Obama might be the guy for you.
So that's the real short version of it. McCain is a moderate Republican, conservative in a few areas, but certainly not the conservative standard-bearer in the mold of Reagan or Goldwater. Obama, for all his talk about "change," is really an old-school liberal. If that's what you are, then Obama sounds like your man. They both believe in global warming, cap-and-trade, etc.

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