October 9, 2008 11:48 AM
- Text
Obama Ad Takes On McCain Proposal
Barack Obama's campaign released a new ad this morning targeting the mortgage proposal John McCain unveiled during Tuesday night's debate. The ad will run on cable nationally, according to the campaign.
"In a time of crisis, our leaders' judgment is tested. On Tuesday – an announcement," an announcer begins. The ad uses McCain from the debate: "I would order the Secretary of the Treasury to immediately buy up the bad home loan mortgages in America." The announcer continues: "On Wednesday, the details. McCain would shift the burden from lenders to taxpayers – guaranteeing a loss of taxpayer money. Who wins? The same lenders that caused the crisis in the first place. Putting bad actors ahead of taxpayers?
We can't afford more of the same." Watch it:
"In a time of crisis, our leaders' judgment is tested. On Tuesday – an announcement," an announcer begins. The ad uses McCain from the debate: "I would order the Secretary of the Treasury to immediately buy up the bad home loan mortgages in America." The announcer continues: "On Wednesday, the details. McCain would shift the burden from lenders to taxpayers – guaranteeing a loss of taxpayer money. Who wins? The same lenders that caused the crisis in the first place. Putting bad actors ahead of taxpayers?
We can't afford more of the same." Watch it:
Popular Now in Politics
- Archbishop Dolan urges Obama to back down on birth control
- After Tues. sweep, Santorum seeks to gain speed
- STOCK Act passes in House
- Fallon vs. Obama in fitness challenge
- Santorum sweeps Missouri, Minnesota, Colorado
- Congressional approval hits another all-time low
- Former Giffords aide to run for her House seat
- Romney says his conservatism will shine
- Dems fight back in contraceptive battle
- What Does 'GOP' Stand For?
- No more Mr. Nice Guy for Santorum
- Report: Chicago cardinal joins contraceptives fight
- Contraception issue heats up as Santorum gains
- Is Rick Santorum conservatives' last, best hope?
- Santorum: I'm the consistent social conservative
- White House under pressure over contraception
- Santorum's big benefactor
Latest CBS News Headlines
on Facebook
on CBS News
- Bernanke: Weak housing has hurt consumer spending
- Alexion rises after solid 4Q report and outlook
- Shares of Exide Technologies tumble on outlook
- NY's AG isn't backing down from Wall Street probe
on Facebook
- Josh Powell had "incestuous" images on his home computer, authorities say
- Adele sings a cappella for Anderson Cooper
- Notorious teacher sex scandals
on CBS News






