Posted by Jed Lewison on Mon Sep 29, 2008 at 2:17 AM Pacific

McCain's Katrina-Like Response

I've posted video of Barack Obama's newest line on the campaign trail over at HuffPost, and it's a great one:

Senator McCain just doesn't get it. He doesn't understand that the storm hitting Wall Street hit Main Street long ago. That's why his first response to the greatest financial meltdown in generations was a Katrina-like response. Sort of stood there. Said the fundamentals of the economy are strong. That's why he's been shifting positions these last two weeks, looking for photo ops, trying to figure out what to say and what to do.

Also, Paul Krugman supports the bailout plan, though not enthusiastically. He knocks Barack Obama for not taking a more hands-on role in the negotiations, but I think Krugman is ignoring the fact that Obama's "No blank check" line helped embolden Democrats to fight hard on the equity warrants provisions, which seem to be decent.

In other news, both John McCain and Steve Schmidt lied through their teeth on the Sunday morning shows; I didn't watch them until late in the day, so I haven't been able to do a video debunking their lies, but I hope to put out a couple of them tomorrow.

McCain's Katrina-Like Response

I've posted video of Barack Obama's newest line on the campaign trail over at HuffPost, and it's a great one:

Senator McCain just doesn't get it. He doesn't understand that the storm hitting Wall Street hit Main Street long ago. That's why his first response to the greatest financial meltdown in generations was a Katrina-like response. Sort of stood there. Said the fundamentals of the economy are strong. That's why he's been shifting positions these last two weeks, looking for photo ops, trying to figure out what to say and what to do.

Also, Paul Krugman supports the bailout plan, though not enthusiastically. He knocks Barack Obama for not taking a more hands-on role in the negotiations, but I think Krugman is ignoring the fact that Obama's "No blank check" line helped embolden Democrats to fight hard on the equity warrants provisions, which seem to be decent.

In other news, both John McCain and Steve Schmidt lied through their teeth on the Sunday morning shows; I didn't watch them until late in the day, so I haven't been able to do a video debunking their lies, but I hope to put out a couple of them tomorrow.

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