Thursday, September 18, 2008

Obama: AIG Avoidance



ABOVE THEIR PAY GRADE:
Barack Obama's Economic Indecision

"Barack Obama's refusal to take a stand on the biggest economic issue of the day shows he's not ready to make the tough calls needed to bring real reform and change to Wall Street and Washington. With the financial security of millions of hardworking Americans at stake, we can't afford a president who just votes 'present.' The next president will need to put country before politics and make tough decisions to secure our economic and national security. John McCain's life is filled with examples of putting country first and doing what's right, regardless of self-interest or political gain. As Barack Obama has shown again this week, he has no such record." -- Brian Rogers, McCain-Palin 2008 spokesman

INDECISION #1: Barack Obama "Would Not Say If He Supported Or Opposed" The AIG Bailout...

Yesterday, The Most Important Issue Of The Day Was The AIG Bailout And Barack Obama "Would Not Say If He Supported Or Opposed The Government-Backed Rescue Of Insurance Giant AIG." Fox News' Brit Hume: "The Democrat is not coming down one way or another on the AIG rescue. Correspondent Major Garrett explains why." Fox News' Major Garrett: "On the biggest financial issue of the day, Barack Obama would not say if he supported or opposed the government-backed rescue of insurance giant AIG." Barack Obama: "We don't know all the details of the arrangement with AIG and the Federal Reserve must ensure that plans protect the families that count on insurance." Garrett: "Obama also wants taxpayers protected but executives and shareholders exposed but on the central question to intervene or not, Obama sidestepped. Advisers said lack of details forced caution. The larger political truth; adv isors believe anxiety alone is enough to lift Obama in the polls. That is why on the trail, Obama doesn't talk about specifics of the moment but the nation's overall direction." (Fox News' "Special Report," 9/17/08)