The Obama-Biden campaign has a new, unannounced ad that says McCain has been “erratic” in his response to the financial crisis: The ad includes various critical quotes from editorials in the Washington Post, USA Today and Politico. We looked up the original articles, and all the quotes are in context. But the ad also cites the August 15 Tax Policy Center report, with text on screen saying “nothing for the middle class.” Within the ad, the words do not appear in quotes, but... Click to Read the Full Post
It’s finger-pointing time again, with each candidates blaming the other for the financial crisis. McCain called Fannie Mae and Freddie Mac the “catalyst” for the crisis and blamed Obama for failing to sign on to a bill to reign in the FMs. Obama countered that it’s a culture of deregulation and lack of oversight that caused the problem. We’ve been here before. Both candidates have a point: Democrats really have fought regulation of the FMs and McCain has in fact been... Click to Read the Full Post
