McCain’s economic plan: Attack Obama




Obama will speak on the economy shortly. Rob live-blogged McCain’s “Herbert Hoover” speech earlier today. McCain seems to have forgotten that he’s been in Washington for 26 years. And, he’s also forgotten his involvement with the Keating 5. Instead, McCain’s major speech on the economy was just an attack on Barack Obama. And, McCain just kept repeating lies that have already been debunked.

NY Times:

Senator John McCain gave a few new details of his economic proposals at a speech here Friday morning, but the address seemed as much a political shot at Senator Barack Obama as a policy prescription.

Washington Post:

Republican presidential candidate John McCain offered few new details this morning on how he would respond to the crisis in the nation’s financial markets, instead renewing his criticism of Democratic rival Barack Obama’s ties to former heads of mortgage giants Freddie Mac and Fannie Mae.

The campaign yesterday had promised more information about McCain’s economic plan. But McCain, in a speech to a hastily assembled meeting of the local chamber of commerce, mostly repeated his call for a new government trust that would identify and help rescue failing financial institutions and a set of principles to guide future regulation and legislation.

No new details, but plenty of political attacks. That’s not exactly the kind of leadership that would calm the markets and instill confidence. In the middle of the worst financial crisis since the Savings and Loan debacle, McCain’s speech was just more of the same. He really is just a nasty guy with no vision for the country.


On October 27, 2010, Joe was one of five bloggers who interviewed President Obama. Joe is a DC-based political consultant with over twenty-five years of experience at both the state and federal level. Joe has managed political operations and legislative efforts for both candidates and issues-based organizations. For seven years, he was the Director of State Legislation at Handgun Control, Inc. He served as that organization's first Political Director during the 2000 cycle. Joe is a graduate of the University of Maine School of Law. In addition, he has a Masters in Public Administration from Lehigh University and received his B.A. from the University of New Hampshire. Joe also has a fun dog, Petey, a worthy successor to Boomer, who got Joe through eight years of Bush and Cheney. Joe likes to think he is a world class athlete having finished the 2005 Chicago Marathon in the time of 4:10. He has completed six other marathons as well -- and is still determined to break the four hour mark.

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