Posts Tagged ‘john mccain’

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Setting Expectations for Tonight’s Final Debate:

Wednesday, October 15th, 2008

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Economic Plans From the Candidates

Monday, October 13th, 2008

Today, John McCain was supposed to reveal his economic plan to solve the current crisis, but his campaign has since said McCain would not have any more proposals this week unless developments call for some. Instead, McCain will give a stump speech to “signal that’s he not going down without a fight”.

Barack Obama, however, will give his major policy address on an economic rescue plan for the middle class in Toledo, Ohio today at 1:30pm.

From the Obama Campaign:

Chicago, IL – Today in Toledo, OH, Senator Obama will deliver a major policy address to lay out his economic rescue plan for the middle class. Our economy is facing its greatest uncertainty in over 70 years, we have lost 760,000 jobs this year and the unemployment rate is expected to reach 8 percent. Families, who saw their incomes decline by $2,000 in the economic “expansion” from 2000 to 2007 now risk seeing deeper income losses. Retirement savings accounts have lost $2 trillion. Millions of homeowners who played by the rules have seen their housing values plummet and are having a hard time making their mortgage payments. And credit markets are nearly frozen, preventing businesses large and small from accessing the credit they need to meet payroll and create jobs.

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Obama Called a Terrorist:

Thursday, October 9th, 2008

“A sad video taken by an Obama backer outside a McCain visit yesterday in Ohio featuring Republicans saying Obama is “a terrorist,” among other things.” – Politico.com

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Obama Opposes McCain’s Mortgage Bail-Out

Wednesday, October 8th, 2008

Barack Obama opposes McCain’s plan to put taxpayers on the hook for the write-down value of over-priced mortgage loans to be purchased by Fannie Mae and Freddie Mac.

The statement from the Obama campaign’s economic policy director, Jason Furman:

Senator McCain’s first response to this economic crisis was to say that the fundamentals of our economy are strong. Since then, he’s acknowledged that there is a crisis and offered multiple plans, sometimes conflicting. Last night, in his latest attempt to get it right, he threw out a proposal that appeared to give the Treasury authority it already has to re-structure troubled mortgages. But now that he’s finally released the details of his plan, it turns out it’s even more costly and out-of-touch than we ever imagined. John McCain wants the government to massively overpay for mortgages in a plan that would guarantee taxpayers lose money, and put them at risk of losing even more if home values don’t recover. The biggest beneficiaries of this plan will be the same financial institutions that got us into this mess, some of whom even committed fraud.

Since this beginning of this crisis, Barack Obama has demanded that any rescue plan must protect taxpayers and ensure that they share in any profit once the economy recovers, and he worked to include that principle in the plan that passed Congress. John McCain’s plan to overpay for bad mortgages by handing taxpayer dollars over to big financial institutions is erratic policy-making at its worst, and it’s not the change we need to strengthen our economy, create new jobs, and keep Americans in their homes.

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Michigan GOP Won’t Go Away

Wednesday, October 8th, 2008

The fact that the Michigan GOP is calling even more attention to McCain pulling out of the state is a thorn in the side of the McCain-Pallin campaign.

However, what I found even more fascinating in a post from Politico was that McCain has not asked Mitt Romney to campaign for him in Michigan. Mitt Romney is very well known in Michigan as his father was a three-term governor there and was appointed Secretary of Housing and Urban Development in the Richard M. Nixon administration.

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Political Attacks

Wednesday, October 8th, 2008

The New York Times has an editorial criticizing the McCain-Palin campaign of “running one of the most appalling campaigns we can remember.”

Referring to John McCain and Sarah Palin:

They have gone far beyond the usual fare of quotes taken out of context and distortions of an opponent’s record — into the dark territory of race-baiting and xenophobia. Senator Barack Obama has taken some cheap shots at Mr. McCain, but there is no comparison.

Read Full Article

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Debate Winners and Losers

Wednesday, October 8th, 2008

Winners:
Barack Obama stating that health care should be a right and his details on creating “green” jobs seemed to go over well.
John McCain’s moment with the chief petty officer was really good – McCain said “Everything I ever learned about leadership, I learned from a chief petty officer.”

Losers:
McCain’s negative body language when Obama was speaking seemed to be a turn-off for the viewers being polled by CNN, FOX and MSNBC.
The main complaints pundits had on Obama was that he wasn’t exciting enough, but then again, maybe he wants to be boring/reassuring.

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“That One”

Wednesday, October 8th, 2008

Mark Ambinder has more insight on the “that one” comment McCain made referring to Barack Obama.

I think the comment shows what we’ve been seeing throughout this campaign. John McCain has no respect for his opponent on a very personal level. If McCain isn’t careful, he risks sounding and looking like the grumpy old man yelling “you kids get off my lawn.”

“That One”

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