Topic: McCain's campaign manager
Lynann's photo
Mon 09/22/08 11:05 AM
Here's some interesting news about McCain's campaign manager. I find it telling. Remember, on the same day McCain received $200,000.00 from Georgia he issued a strongly worded statement condemning Russia. Sounds like his policy decisions can be bought to me. Wonder what else is for sale?

---------

Senator John McCain's campaign manager was paid more than $30,000 a month for five years as president of an advocacy group set up by the mortgage giants Fannie Mae and Freddie Mac to defend them against stricter regulations, current and former officials say.

McCain, the Republican candidate for president, has recently begun campaigning as a critic of the two companies and the lobbying army that helped them evade greater regulation as they began buying riskier mortgages with implicit federal backing. He and his Democratic rival, Senator Barack Obama, have donors and advisers who are tied to the companies.

But last week the McCain campaign stepped up a running battle of guilt by association when it began broadcasting commercials trying to link Obama directly to the government bailout of the mortgage giants this month by charging that he takes advice from Fannie Mae's former chief executive, Franklin Raines, an assertion both Raines and the Obama campaign dispute.

Incensed by the advertisements, several current and former executives of the companies came forward to discuss the role that Rick Davis, McCain's campaign manager and longtime adviser, played in helping Fannie Mae and Freddie Mac beat back regulatory challenges when he served as president of their advocacy group, the Homeownership Alliance, formed in the summer of 2000. Some who came forward were Democrats, but Republicans, speaking on the condition of anonymity, confirmed their descriptions.

Full text at :http://www.iht.com/articles/2008/09/22/america/22mccain.php

MirrorMirror's photo
Mon 09/22/08 05:07 PM
laugh Some British royal lady was on tv the other day endorsing McCain becuz she said McCain would be better for "the rednecks"laugh I was like "WTF?"laugh laugh laugh

no photo
Mon 09/22/08 05:28 PM
Edited by Unknow on Mon 09/22/08 05:32 PM
Mirror....She must gave stayed at the Holiday Inn Express, like so many we all know...Anyone want to join me for Kool aid and a Cheeseburger?

wouldee's photo
Mon 09/22/08 06:59 PM
Edited by wouldee on Mon 09/22/08 07:03 PM
this is interesting.

Even freddie and fannie booted him. LOL after they realized they were going to bottom out.

interesting stuff.


Richard H. Davis (b. 1959) is the chief executive officer of the John McCain’s 2008 presidential campaign. An American lobbyist, he is currently on leave from Davis, Manafort & Freedman, a political consulting firm in Alexandria, Virginia.[1]

Contents [hide]
1 Career
2 Controversies
2.1 DHL
2.2 Involvement with Oleg Deripaska
3 References
4 External links



[edit] Career
Born to a Navy family, Davis studied at the University of Alabama. After learning the campaign business in Alabama and Mississippi, he became national field director for the College Republican National Committee during Ronald Reagan's 1980 presidential bid.[1]

He left the Reagan White House to work with longtime lobbyist Paul Manafort, founding the lobbying firm Davis, Manafort. In their political work, Davis served as Manafort's deputy in orchestrating the 1996 Republican National Convention; both would later join Bob Dole's presidential team. While working for Dole, Davis told a reporter that he was "blown away" by McCain's unconventional politics. He joined McCain's first election bid in 1999.[1]

After running McCain's failed 2000 presidential campaign,[2] Davis became the head of a group called the Homeownership Alliance, a Fannie Mae and Freddie Mac advocacy group. Its website said that the organization was dedicated to "exposing and defeating trends that would harm consumer access to the lowest-cost mortgage option."[3] He was head of the group for five years, being paid more than $30,000 per month. At the end of 2005, Fannie Mae and Freddie Mac decided that Homeownership Alliance had outlived its usefulness, and it was closed.[4]

When McCain started the Reform Institute in 2001 to promote campaign finance reform, he involved Davis. Davis earned $395,000 in salary and consulting fees from the Institute, which he headed from 2003 to 2005.[5]

In 2006, Davis helped plan McCain's next White House run, envisioning a corporate-style campaign modeled after President Bush's 2004 bid.[1] Davis has the title of campaign manager for the McCain's 2008 presidential election campaign. A reorganization placed Steve Schmidt in charge on July 2, 2008, although Davis retains the title.[6][7]

Davis, Manafort was paid at least $2.8 million between 1998 and 2008 for lobbying Congress.[8]


[edit] Controversies

[edit] DHL
In 2003, Davis and his lobbying firm were hired by German logistic company DHL and Airborne Express, to lobby Congress to approve of a merger between the two firms. DHL Holdings was eventually successful in acquiring Airborne Express. [1][9]

McCain and Davis have come under attack by the AFL-CIO for facilitating the deal, as DHL is now planning to quit using the Wilmington, Ohio freight airport as a hub. The airport and package-sorting facility in Wilmington was previously owned by Airborne Express. The move by DHL would cost an esimated 8,000 jobs at an air park in the southwest Ohio city of Wilmington. [10][11] At the time of the merger, the deal created an estimated 1,000 jobs for the Wilmington area.[11]


[edit] Involvement with Oleg Deripaska
In 2006, Davis helped set up the encounter between McCain and Russian aluminum magnate Oleg Deripaska in Switzerland during an international economic conference. Deripaska's suspected links to anti-democratic and organized-crime figures are so controversial that the U.S. government revoked his entry visa in 2006.[12]

At the time, Davis was working for a lobbying firm and seeking to do business with the billionaire. Later that month, Deripaska wrote to Davis and his partner, political consultant Paul J. Manafort, to thank them for arranging the meeting. "Thank you so much for setting up everything in Klosters so spectacularly," he wrote. "It was very interesting to meet Senators Chambliss, Sununu, and McCain in such an intimate setting."[12]


[edit] References
^ a b c d e Matthew Mosk (June 26, 2008). "Top McCain Adviser Has Found Success Mixing Money, Politics", The Washington Post. Retrieved on 2008-08-11.
^ "The McCain Makeover" Glenn Frankel, The Washington Post, August 27, 2006
^ Wolgemuth, Liz (September 19, 2008). "McCain's Campaign Manager Was for It Before He Was Against It", US News and World Report.
^ David D. Kirkpatrick and Charles Duhigg (September 21, 2008). "Loan Titans Paid McCain Adviser Nearly $2 Million", New York Times.
^ Ken Silverstein (May, 2008). "My Lobby, Myself: How John McCain's hypocrisy is laundered as reform", Harper's Magazine. Retrieved on 2008-08-11.
^ Dan Balz and Michael D. Shear (2008-07-02). ""McCain Puts New Strategist Atop Campaign"", The Washington Post. Retrieved on 2008-07-02.
^ Martin, Jonathan (2008-07-02). "Schmidt takes control of day-to-day operation", Politico.com. Retrieved on 2008-09-07.
^ Lisa Lerer (July 11, 2007). "Ex-reformer McCain depends on lobbyists", The Politico.
^ Bob Drogin (August 8, 2008). "DHL deal gone sour haunts McCain in Ohio", Los Angeles Times. Retrieved on 2008-08-11.
^ 200 jam legislative DHL meeting, Associated Press August 20, 2008
^ a b Stephen Koff (August 6, 2008). "John McCain had role in original Wilmington DHL deal", The Plain Dealer. Retrieved on 2008-08-11.
^ a b Jeffrey H. Birnbaum and John Solomon (January 25, 2008). "Aide Helped Controversial Russian Meet McCain", The Washington Post. Retrieved on 2008-08-11.



according to this article, Davis made 395k/yr + 360k/yr between freddie, fannie and McCain for a whopping 755k/yr.

HHMMMMM........

MirrorMirror's photo
Mon 09/22/08 07:02 PM
Edited by MirrorMirror on Mon 09/22/08 07:03 PM

this is interesting.

Even freddie and fannie booted him. LOL after they realized they were going to bottom out.

interesting stuff.


Richard H. Davis (b. 1959) is the chief executive officer of the John McCain’s 2008 presidential campaign. An American lobbyist, he is currently on leave from Davis, Manafort & Freedman, a political consulting firm in Alexandria, Virginia.[1]

Contents [hide]
1 Career
2 Controversies
2.1 DHL
2.2 Involvement with Oleg Deripaska
3 References
4 External links



[edit] Career
Born to a Navy family, Davis studied at the University of Alabama. After learning the campaign business in Alabama and Mississippi, he became national field director for the College Republican National Committee during Ronald Reagan's 1980 presidential bid.[1]

He left the Reagan White House to work with longtime lobbyist Paul Manafort, founding the lobbying firm Davis, Manafort. In their political work, Davis served as Manafort's deputy in orchestrating the 1996 Republican National Convention; both would later join Bob Dole's presidential team. While working for Dole, Davis told a reporter that he was "blown away" by McCain's unconventional politics. He joined McCain's first election bid in 1999.[1]

After running McCain's failed 2000 presidential campaign,[2] Davis became the head of a group called the Homeownership Alliance, a Fannie Mae and Freddie Mac advocacy group. Its website said that the organization was dedicated to "exposing and defeating trends that would harm consumer access to the lowest-cost mortgage option."[3] He was head of the group for five years, being paid more than $30,000 per month. At the end of 2005, Fannie Mae and Freddie Mac decided that Homeownership Alliance had outlived its usefulness, and it was closed.[4]

When McCain started the Reform Institute in 2001 to promote campaign finance reform, he involved Davis. Davis earned $395,000 in salary and consulting fees from the Institute, which he headed from 2003 to 2005.[5]

In 2006, Davis helped plan McCain's next White House run, envisioning a corporate-style campaign modeled after President Bush's 2004 bid.[1] Davis has the title of campaign manager for the McCain's 2008 presidential election campaign. A reorganization placed Steve Schmidt in charge on July 2, 2008, although Davis retains the title.[6][7]

Davis, Manafort was paid at least $2.8 million between 1998 and 2008 for lobbying Congress.[8]


[edit] Controversies

[edit] DHL
In 2003, Davis and his lobbying firm were hired by German logistic company DHL and Airborne Express, to lobby Congress to approve of a merger between the two firms. DHL Holdings was eventually successful in acquiring Airborne Express. [1][9]

McCain and Davis have come under attack by the AFL-CIO for facilitating the deal, as DHL is now planning to quit using the Wilmington, Ohio freight airport as a hub. The airport and package-sorting facility in Wilmington was previously owned by Airborne Express. The move by DHL would cost an esimated 8,000 jobs at an air park in the southwest Ohio city of Wilmington. [10][11] At the time of the merger, the deal created an estimated 1,000 jobs for the Wilmington area.[11]


[edit] Involvement with Oleg Deripaska
In 2006, Davis helped set up the encounter between McCain and Russian aluminum magnate Oleg Deripaska in Switzerland during an international economic conference. Deripaska's suspected links to anti-democratic and organized-crime figures are so controversial that the U.S. government revoked his entry visa in 2006.[12]

At the time, Davis was working for a lobbying firm and seeking to do business with the billionaire. Later that month, Deripaska wrote to Davis and his partner, political consultant Paul J. Manafort, to thank them for arranging the meeting. "Thank you so much for setting up everything in Klosters so spectacularly," he wrote. "It was very interesting to meet Senators Chambliss, Sununu, and McCain in such an intimate setting."[12]


[edit] References
^ a b c d e Matthew Mosk (June 26, 2008). "Top McCain Adviser Has Found Success Mixing Money, Politics", The Washington Post. Retrieved on 2008-08-11.
^ "The McCain Makeover" Glenn Frankel, The Washington Post, August 27, 2006
^ Wolgemuth, Liz (September 19, 2008). "McCain's Campaign Manager Was for It Before He Was Against It", US News and World Report.
^ David D. Kirkpatrick and Charles Duhigg (September 21, 2008). "Loan Titans Paid McCain Adviser Nearly $2 Million", New York Times.
^ Ken Silverstein (May, 2008). "My Lobby, Myself: How John McCain's hypocrisy is laundered as reform", Harper's Magazine. Retrieved on 2008-08-11.
^ Dan Balz and Michael D. Shear (2008-07-02). ""McCain Puts New Strategist Atop Campaign"", The Washington Post. Retrieved on 2008-07-02.
^ Martin, Jonathan (2008-07-02). "Schmidt takes control of day-to-day operation", Politico.com. Retrieved on 2008-09-07.
^ Lisa Lerer (July 11, 2007). "Ex-reformer McCain depends on lobbyists", The Politico.
^ Bob Drogin (August 8, 2008). "DHL deal gone sour haunts McCain in Ohio", Los Angeles Times. Retrieved on 2008-08-11.
^ 200 jam legislative DHL meeting, Associated Press August 20, 2008
^ a b Stephen Koff (August 6, 2008). "John McCain had role in original Wilmington DHL deal", The Plain Dealer. Retrieved on 2008-08-11.
^ a b Jeffrey H. Birnbaum and John Solomon (January 25, 2008). "Aide Helped Controversial Russian Meet McCain", The Washington Post. Retrieved on 2008-08-11.
huh Is he 85% genetically muslim descended from Mohammed too?laugh

wouldee's photo
Mon 09/22/08 07:20 PM
rofl rofl rofl rofl

here's one for you, mirror.

bon appetit.

this is a cuban american blog for McCain.

interesting racial sensitivites discussed in this one.


http://reviewofcuban-americanblogs.blogspot.com/2008/06/advice-for-mccain-as-he-embarks-on-his.html



Wednesday, June 4, 2008
Advice for McCain As He Embarks on His Crusade to Save America from Its Domestic Enemies

Don't be afraid to attack Obama aggressively and relentlessly. Expose his Marxist connections and the fact that he has built his political career on embracing America's enemies and advancing their interests. Your constituency won't object even if the media crucify you for it and all the lapdogs of liberalism are unleashed against you. Jim McGreevy, who was shielded by the media for years from the effects of his indiscretions, is nobody's hero now and neither will Obama's reputation survive the exposure of his sordid past (present?). Don't feel restrained because Obama is an African-American. His race, or, rather, the side of his ancestry with which he choses to identify himself, should be no concern of yours. No presidential candidate in history will win fewer African-American votes than you though no Republican has been a more consistent supporter of equality and opportunity for all Americans. Whites who don't vote for Obama, especially if they are Democrats -- and there will be a lot of those -- will be condemned as racists. The fact that almost no black will vote for you shall not be seen as a reflection on them but on you. Again, don't try to accommodate the race mongers or race baiters. There is nothing that you can do to convince them that your experience trumps Obama's experience, or to disabuse them of the notion that words that say nothing are more redolent of hope than are solid achievements.

Isolate President Bush like a virus. Your own native sense of loyalty prevents you from breaking ranks with him, and, of course, you would never blame him for the failure in Iraq when success there seems at last within reach. Still, you must keep him, or, rather, yourself as far away from Bush as you can, physically and with your vision "thing." Yes, I know, Gore lost the election because he did the same thing with Clinton. But there is a difference. Clinton was more popular than Gore even at his most unpopular and his fellow Democrats remained in his corner to the last. Clinton was an untapped asset for Gore. Bush is no asset for you. Certainly, the media has contributed the most to making him a pariah, but there is nothing that you can do to rehabilitate him now. He must do that for himself as Truman did, and Nixon did and Carter did. Worry instead about what the media will do to you. Their blatant unfairness to Hillary Clinton during the primaries will be nothing compared to what they have planned for you in the general election. The left is not through torturing you. Their water boy will remain respectful because he can. But every superannuated 60s liberal will make it his business to see to it that the Vietnam War is lost again in 2008. These unreconstructed radicals are in control of the media and academia and have educated and trained their successors to hate all the people that they hate. You are pretty much at the top of the list.

Do not squander your political capital, or narrow your base of support, by courting the Know-Nothings and other fifth-columnists within the Republican Party's big tent. They may bluster and fultimate, but, in the end, the prospect of an Obama presidency will reconcile them to you without you having to make any overture to them. If they do not support you, then we are not talking about Republicans but anarchists vent on destroying not only the party but the nation. Their support you do not need and should not want.

Do not choose as a running-mate any of the tribe of weasals who ran against you in the Republican primaries. Mediocre would be a generous assessment of them as a group, though as individuals some don't even reach that threshhold. Pitiful indeed they must have been to have positioned themselves to the right of you and yet failed to win the support of conservative Republicans. It would be difficult if not impossible to decide which is less unctuous or less insincere. Choose, instead, a running-mate who matches your strengths not one who supposedly compensates for your weaknesses. Do not fall into the trap of picking someone as young and inexperienced as Barack Obama. That kind of "balance" the ticket doesn't need as it would dilute your ability to challenge Obama's monumental gall in presuming that he is qualified to be president of the United States and leader of the free world on the basis of three lackluster years in the Senate where he was playing hookey most of the time and an equally undistinguished career in the Illinois legislature.

Seriously consider an Hispanic as a running-mate. Obama isn't liked by Hispanics and any half-credible Hispanic vice presidential candidate could split the Hispanic vote. No Cuban-Americans, please. You are already guaranteed the Cuban vote, anyway, and other Hispanics wouldn't vote for a Cuban in any case because they dislike us more than they dislike Obama. And, yes, forget about the governor of Florida, too. Again, you don't need Governor Crist because Cuban-American support (and the support of all of crackerdom) will guarantee your victory in Florida. Besides, selecting Crist would be like balm applied to Obama's Achilles foot and I've already warned you against attempting to clone Obama in a running-mate.
Posted by Manuel A.Tellechea at 11:39 PM

no photo
Mon 09/22/08 07:25 PM
Mirror.....Hey if I'm buying building a house I wouldn't ask a McDonald's worker on a dating site for advice..If I want straight answers about the financial and world problems facing my country I wouldn't ask a construction worker on a dating site for advice...That's just me!!! But I will take a double cheese burger with that kool-aide since we all have all those free lunches...

wouldee's photo
Mon 09/22/08 07:26 PM
To make us love our country," Edmund Burke once said, "our country ought to be lovely." Burke's point is that we should love our country not just because it is ours, but also because it is good. America is far from perfect, and there is lots of room for improvement. In spite of its flaws, however, American life as it is lived today is the best life that our world has to offer. Ultimately America is worthy of our love and sacrifice because, more than any other society, it makes possible the good life, and the life that is good.
flowerforyou :heart: bigsmile

MirrorMirror's photo
Mon 09/22/08 07:43 PM
Edited by MirrorMirror on Mon 09/22/08 07:47 PM

Mirror.....Hey if I'm buying building a house I wouldn't ask a McDonald's worker on a dating site for advice..If I want straight answers about the financial and world problems facing my country I wouldn't ask a construction worker on a dating site for advice...That's just me!!! But I will take a double cheese burger with that kool-aide since we all have all those free lunches...

oops :laughing:

Giocamo's photo
Mon 09/22/08 08:20 PM
as winx says...hmmmmmm...

Obama's Sub-Prime Buddies! Lehman Brothers, Merrill Lynch, & More
Updated September 15th - This Article is compiled from previous articles and new content. Bundler amounts have been updated, but individual contributions have not been updated since June. As a result, it is safe to assume that individual contributions have likely been doubled since the start of the General Election cycle.

As Senator Obama and his Democratic colleagues attempt to tie this weeks financial meltdown to John McCain, perhaps we need to re-examine the candidate who has benefited the most from the very Wall Street Executives who have brought us this financial crisis. Obama’s campaign has undergone little scrutiny on his long-standing ties to the financial and banking community. In Obama’s speeches across the country he has repeatedly criticized the Bush administration for allowing “evil” subprime mortgage lenders and investment banks to lead this county into our current mortgage meltdown. Obama’s rhetoric on the mortgage crisis has been pointed and blunt, as stated on his own campaign website, “Obama will crack down on fraudulent brokers and lenders…Obama has been closely monitoring the subprime mortgage situation for years, and introduced comprehensive legislation over a year ago to fight mortgage fraud and protect consumers against abusive lending practices”.

Throughout the campaign season Obama has attacked Wall Street’s financial sector and run a campaign based largely upon his “good judgment”. The problem with Obama’s rhetoric rests in the fact that tucked away in his database of 2.5 million donors is the approximately 180,000 power brokers that have funded nearly 60% of his campaign. Included in this list are the more than 594 campaign bundlers including 15 lobbyist bundlers who have accounted for over $140 million in contributions. Included in this list are just 36 bundlers accounting for over $18 million dollars, with two bundlers raising over $1 million, and one over $2 million. These amounts are impressive considering that just 552 individuals have accounted for nearly 1/3 of his total campaign contributions. Of course determining the occupation can be tricky considering the Obama campaign lists nearly 100 bundlers as having unknown occupations, nearly 100 who are listed as "self-employed", and dozens of "homemakers" and "retired" individuals.

Among Obama's campaign contributors are many Lehman Brothers Executives, such as CEO Richard Fuld ($2,300), President Joseph Gregory ($4,600) and dozens of other top Lehman Executives. On June 19th, Lehman shareholders filed suit against Fuld and Gregory for the company’s exposure in the subprime market. In addition to dozens of Lehman executives are Obama's bundlers from Lehman Borthers who have raised top dollar for the campaign. Direct contributions from Lehman Brothers have exceeded $395,000 for Senator Obama.

Winx's photo
Mon 09/22/08 08:39 PM
Winx didn't say that!! She said this:

GREEN BAY, Wis. - Democratic presidential nominee Barack Obama moved to claim the mantle of fiscal responsibility in a roiling economy, vowing on Monday to slash federal spending on contractors by 10 percent and saving $40 billion.

Urging members of his own party to be just as fiscally tough as the most conservative Republicans, Obama said the $700 billion economic bailout plan proposed by the Bush administration and congressional leaders is forcing a renewed look at federal spending.

As president, Obama said he would create a White House team headed by a chief performance officer to monitor the efficiency of government spending.

"I am not a Democrat who believes that we can or should defend every government program just because it's there," Obama said at a rally in Green Bay. "We will fire government managers who aren't getting results, we will cut funding for programs that are wasting your money and we will use technology and lessons from the private sector to improve efficiency across every level of government."

"The only way we can do all this without leaving our children with an even larger debt is if Washington starts taking responsibility for every dime that it spends," he said.

Obama focused tightly on the economy in recent days, and he has urged Democrats and Republicans to join forces to approve a bailout of the troubled financial industry that not only saves the industry but protects taxpayers.

"We are here because an ethic of irresponsibility has swept through our government, leaving politicians with the belief they can waste billions and billions of your money on no-bid contracts for friends and contributors, slip pork projects into bills during the dead of night and spend billions on corporate tax breaks we can't afford and old programs we don't need," said Obama.

He linked the turmoil that's rocked Wall Street to federal spending he said has soared out of control, laying the blame at the feet of Republican policies he argued that rival John McCain is certain to continue.

President Bush ran for office on a platform of efficiency in government, Obama said, noting that Bush instead has presided over a mushrooming federal budget and deficits. Under Bush, spending on contractors has more than doubled, from $203 billion in 2000 to $412 billion in 2006.

"We cannot give a blank check to Washington with no oversight and accountability, when no oversight and accountability is what got us into this mess in the first place," said Obama. He warned that even as the government moves to bail out the financial sector there are signs that special interests are looking to profit.

Obama said he's spent the last two years running for president on a promise of change, and he mocked McCain's argument he can bring change to Washington.

"This whole change thing must be catching on," said Obama. "I've noticed that John McCain is trying to steal my signs. He trying to make up for 26 years in 26 hours. Who do you think has been running the government for the last eight years?"

He accused McCain of "an election-year conversion" that's brought change into his rhetoric.

"After 26 years of being part of this Washington culture, all that he has changed is his slogan for the fall campaign," said Obama.

McCain spokesman Tucker Bounds quickly dismissed Obama's speech as lacking substance. "After first promising a plan to address this economic crisis, all Barack Obama delivered for hardworking Americans was political attacks and a total lack of leadership," Bounds said.

Obama warned that the election is hard fought because special interests are fighting hard to keep their place at the table.

"It won't be easy, the kind of change we're looking for is never easy," said Obama. "What we are up against is a very powerful entrenched status quo in Washington who will say anything and do anything and fight with everything they've got to keep things just the way they are."

johncarl's photo
Mon 09/22/08 08:47 PM

Winx didn't say that!! She said this:

GREEN BAY, Wis. - Democratic presidential nominee Barack Obama moved to claim the mantle of fiscal responsibility in a roiling economy, vowing on Monday to slash federal spending on contractors by 10 percent and saving $40 billion.

Urging members of his own party to be just as fiscally tough as the most conservative Republicans, Obama said the $700 billion economic bailout plan proposed by the Bush administration and congressional leaders is forcing a renewed look at federal spending.

As president, Obama said he would create a White House team headed by a chief performance officer to monitor the efficiency of government spending.

"I am not a Democrat who believes that we can or should defend every government program just because it's there," Obama said at a rally in Green Bay. "We will fire government managers who aren't getting results, we will cut funding for programs that are wasting your money and we will use technology and lessons from the private sector to improve efficiency across every level of government."

"The only way we can do all this without leaving our children with an even larger debt is if Washington starts taking responsibility for every dime that it spends," he said.

Obama focused tightly on the economy in recent days, and he has urged Democrats and Republicans to join forces to approve a bailout of the troubled financial industry that not only saves the industry but protects taxpayers.

"We are here because an ethic of irresponsibility has swept through our government, leaving politicians with the belief they can waste billions and billions of your money on no-bid contracts for friends and contributors, slip pork projects into bills during the dead of night and spend billions on corporate tax breaks we can't afford and old programs we don't need," said Obama.

He linked the turmoil that's rocked Wall Street to federal spending he said has soared out of control, laying the blame at the feet of Republican policies he argued that rival John McCain is certain to continue.

President Bush ran for office on a platform of efficiency in government, Obama said, noting that Bush instead has presided over a mushrooming federal budget and deficits. Under Bush, spending on contractors has more than doubled, from $203 billion in 2000 to $412 billion in 2006.

"We cannot give a blank check to Washington with no oversight and accountability, when no oversight and accountability is what got us into this mess in the first place," said Obama. He warned that even as the government moves to bail out the financial sector there are signs that special interests are looking to profit.

Obama said he's spent the last two years running for president on a promise of change, and he mocked McCain's argument he can bring change to Washington.

"This whole change thing must be catching on," said Obama. "I've noticed that John McCain is trying to steal my signs. He trying to make up for 26 years in 26 hours. Who do you think has been running the government for the last eight years?"

He accused McCain of "an election-year conversion" that's brought change into his rhetoric.

"After 26 years of being part of this Washington culture, all that he has changed is his slogan for the fall campaign," said Obama.

McCain spokesman Tucker Bounds quickly dismissed Obama's speech as lacking substance. "After first promising a plan to address this economic crisis, all Barack Obama delivered for hardworking Americans was political attacks and a total lack of leadership," Bounds said.

Obama warned that the election is hard fought because special interests are fighting hard to keep their place at the table.

"It won't be easy, the kind of change we're looking for is never easy," said Obama. "What we are up against is a very powerful entrenched status quo in Washington who will say anything and do anything and fight with everything they've got to keep things just the way they are."

you tell him i wish i would have new he was here i would have been their.flowers

Winx's photo
Mon 09/22/08 08:52 PM
flowerforyou

wouldee's photo
Mon 09/22/08 10:09 PM
nobama is starting to sound like a neo-con.


smart.


drilling holes in his own boat.



drinks