That's exaclty what it is. I had the artist of the strip, Chris Muir, on my FRRadio program this past Thursday (archives are at RadioFreeRepublic.com) and talked about how refreshing it is to have a more conservative yet cerebral comic strip out there.
You can find more his work at DayByDayCartoon.com.
I'll admit this one was a bit oblique, but he's got some others that take real digs at the candidates. The true irony is that the black character, Damon, is as conservative (if not moreso) than we are.
FReegards,
WW