McCain Continues Criticizing Obama on Economy

By: John Bentley
Topics: John McCain

(CBS)

From CBS News' John Bentley:

(MEDIA, PA.) – John McCain continued to criticize Barack Obama for not putting out a plan on the economy in the wake of the current financial troubles; however, Obama did put out such a plan last week, and talked about it again today.

"Sen. Obama has declined to put forth a plan of his own. I'm not surprised," McCain said. "His campaign said that today he'd outline his plan, but this afternoon instead of offering a single solution, he just gave another speech full of political attacks."

Both candidates have certainly given speeches full of political attacks, but they have also both put forth plans on how they would like to stabilize the financial markets and regulate Wall Street. Obama listed six principles of reform today, and called for more oversight and regulation of financial institutions.

McCain has also unveiled a six-point plan, which includes added transparency of the banking industry and more regulatory clarity.

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by mattcat25 September 23, 2008 1:59 PM EDT: American Voters are ultimately responsible for the predicament we find the United States in at this point in time. If you vote to continue this path then, that%u2019s exactly what will happen. If you vote for change, then you will have an opportunity that something different may occur.; Reply to this comment


by vincitverita September 23, 2008 1:50 PM EDT: The Democrats are responsible for the economic mess. Read Bloomberg.com

How the Democrats Created the Financial Crisis: Kevin Hassett

Obama & Hilliary both took campaign contributions from Freddie & Fannie.

"Oh, and there is one little footnote to the story that''s worth keeping in mind while Democrats point fingers between now and Nov. 4: Senator John McCain was one of the three cosponsors of S.190, the bill that would have averted this mess."

Vincit Veritas~TRUTH CONQUERS !!!!; Reply to this comment


by DCropp September 23, 2008 12:38 PM EDT: Did everyone see CNN rip McCain for his lies on an economic plan?

Obama''s plan has been out since March and is incredibly detailed. While Obama talked in depth about his economic plan, McCain was running lies. McCain''s lies were so bad, most media made it a top story.

McCain criticized Obama''s economic plan in March. Funny thing is, 6 months later, McCain''s now saying Obama''s plan was right.

CNN blasted McCain as the one who has no economic plan details.

John McCain''s economic plan is 10 lines. That''s not an economic plan, that''s a disaster.; Reply to this comment


by mattcat25 September 23, 2008 12:38 PM EDT: There they go again,%u2026the Republicans are acting out as if hey were impatient children in the back seat of the car%u2026
%u201CBailout-Bailout!%u201D
%u201CBailout-Bailout!%u201D

You know or, you can trust that when the Republicans really, really want something, it means putting $money in their pockets and taking $money out of yours!; Reply to this comment


by vincitverita September 23, 2008 12:07 PM EDT: The Democrats are responsible for the economic mess. Read Bloomberg.com

How the Democrats Created the Financial Crisis: Kevin Hassett

Obama & Hilliary both took campaign contributions from Freddie & Fannie.

"Oh, and there is one little footnote to the story that''s worth keeping in mind while Democrats point fingers between now and Nov. 4: Senator John McCain was one of the three cosponsors of S.190, the bill that would have averted this mess."

Vincit Veritas~TRUTH CONQUERS !!!!; Reply to this comment


by jesusface September 23, 2008 10:07 AM EDT: McCain and Obama should talk about the aid package the American public should get instead of the crooked bankers and investors who created this mess%u2026; Reply to this comment


by dburfears September 23, 2008 3:58 AM EDT: McCain''s campaign is 100% Washington lobbyist 100% of the time

All of the TOP PEOPLE in the McCain campaign are LOBBYISTS for large corporations, including Big Oil, and FOREIGN COUNTRIES

Campaign CEO - Rick Davis, Partner at lobbying firm Davis Manafort (including $2 MILLION from FAILED FINANCIAL FIRMS)

National Campaign Director- Christian Ferry, Associate at lobbying firm Davis Manafort

National Political Director- Mike Dennehy, Founder, The Dennehy Group, a New Hampshire lobbying firm

National Finance Director- Susan Nelson - lobbyist for Loeffler Group LLC. Continued taking monthly lobbying payments after starting with McCain''s campaign

Senior Policy Advisor- David Crane. Senior Executive at The Washington Group, a corporate lobbying firm billing $10.4 million in 2006

Senior Foreign Policy Adviser - Randy Scheunemann. McCain''s PRIMARY Foreign Policy Adviser. A lobbyist for FOREIGN COUNTRIES, including Georgia (that was just in a war with Russia). OOPS.

National Finance Co-Chair - Tom Loeffler Owns one of the most lucrative and influential lobbying firms in Washington.

Regional Campaign Manager- Doug Davenport ran DCI''s lobbying practice. Forced to leave when exposed that he LOBBIED FOR the REPRESSIVE REGIME IN BURMA

Campaign Spokesman- Charlie Black - chairman of BKSH & Associates, lobbying billings $7.6 million in 2006

Phil "Americans are whiners" Gram - created this economic crisis.

Barack Obama has no lobbyists on the payroll or serving as key advisers.; Reply to this comment


by smurfcrusher September 23, 2008 1:57 AM EDT: "McCain Continues Criticizing Obama on Economy"

No surprise there. It''s a lot more enjoyable than explaining why he(McCain) was FOR deregulation, before he was AGAINST it.

I kind of feel bad for the guy. What''s a liar to do, when the collection of credible lies shrinks and shrinks daily?

The truth has cornered him and the lights are getting brighter. McCain has no place else to hide, that campaign which is his ship, is sinking fast under the weight of his lies.; Reply to this comment


by strangeworld September 23, 2008 1:36 AM EDT: If you''re about to retire, or retired already, you''d better be very wary of voting for republicans (especially McCain) this election cycle. McCain''s idea for retirement is to have you invest your own money in the stock market, which just happens to be run by his backers. If McCain had his way a few years ago by replacing Social Security, how do you think that your retirement stipend would be doing right now? Don''t buy the BS that the republicans are feeding you - they aren''t for US workers or the elderly.; Reply to this comment


by ecs1749-2009 September 23, 2008 1:31 AM EDT: "Why criticize Senator Obama...Senator McCain can you sell me your idea for the economy?"

Present.; Reply to this comment