Obama Hammers McCain On The Economy

Democrats can exhale, the campaign is changing direction and is moving into real issues. Forget McSames distractions and SNL skits, watch this great video of Obama taking Grandpa McCain to the tool shed regarding the economy.

"John McCain cannot be trusted to reestablish proper oversight of our financial markets for one simple reason: he has shown time and again that he does not believe in it,"

The problem with Republicans is they confuse the free market with a free license to let special interests take whatever they can get. And when McCain offered up his stale commission idea to study the problem, Barack countered:

"Just today, Senator McCain offered up the oldest Washington stunt in the book - you pass the buck to a commission to study the problem. But here's the thing -- this isn't 9/11. We know how we got into this mess. What we need now is leadership that gets us out. I'll provide it, John McCain won't, and that's the choice for the American people in this election."

With 7 weeks to go, Barack Obama is going to contrast his style with John McCain. Naturally, the last 8 years of Bush will weigh heavy on him and his inability to re-brand himself as "Republican Who Voted With Bush 90% Yet I'm Different" will cement his doom. As Barack points out:

"His outrage at Wall Street would be more convincing if he wasn't offering them more tax cuts. His call for fiscal responsibility would be believable if he wasn't for more tax cuts for the wealthiest Americans, and more of a trillion dollar war in Iraq paid for with deficit spending and borrowing from foreign creditors like China. His newfound support for regulation bears no resemblance to his scornful attitude towards oversight and enforcement."

The voters will see, The US will see. The Republican days of greed are over. Barack Obama is our next President.

Washington monthly article here

Addendum:
Direct quote from John McCain today on his commission:

"I warned two years ago that this situation was deteriorating and unacceptable," McCain said on "Good Morning America" on ABC. "And the old-boy network and the corruption in Washington is directly involved and one of the causes of this financial crisis that we're in today. And I know how to fix it and I know how to get things done."

Steve Benen at Washington Monthly points out the elderly one's logic:

"Is it me, or is this message a little disjointed? McCain knows precisely why this crisis unfolded, and he wants a commission to help him determine precisely why this crisis unfolded. McCain saw this coming two years ago (for which we're supposed to give him credit), but as a policy maker and presidential hopeful, he didn't lift a finger to try to prevent or address it before it became a crisis (for which we're not supposed give him credit)."