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 Post subject: On The Economy: McCain & Obama Exchange Blows!
PostPosted: Wed Sep 17, 2008 10:55 am 
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Joined: Tue Aug 26, 2008 8:07 pm
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http://www.chicagotribune.com/news/chi- ... ,0,5139429.


I liked this part best:

"My opponent is running for four more years of policies that will throw the economy further out of balance," Obama told an audience at Colorado School of Mines. "His outrage at Wall Street would be more convincing if he wasn't offering them more tax cuts. His call for fiscal responsibility would be believable if he wasn't for more tax cuts for the wealthiest Americans."



Obama said McCain would support the same kind of lax oversight as the Bush administration, adding that the last few days have shown that philosophy has "completely failed."

McCain, still smarting over Democratic efforts to portray him as out of touch with the country's economic pains, called for the creation of a commission to study the problems that have sent tremors through capital markets and shaken investment banks. The commission would be similar to the one that examined the Sept. 11 terrorist attacks.

Later, during a speech in Ohio, McCain lashed out at Obama.

"Sen. Obama took more money from Fannie Mae and Freddie Mac than anyone but the chairman of the committee they answer to," McCain said. "And he put Fannie Mae's CEO, who helped create this problem, in charge of finding his vice president. That's not change, that's what's broken in Washington."

Obama mocked McCain's call for a commission to study the triggers for a financial crisis that in recent days has stressed U.S. and foreign markets.

"This isn't 9/11," Obama said. "We know how we got into this mess. What we need now is leadership that gets us out."

McCain's campaign pushed back by saying Obama is being too pessimistic about the economy and that he, too, has supported commissions to study problems.

Feel the love? :smt007




This is not the complete news article. For full article, click on the link above.

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