ducks
09-23-2008, 10:50 PM
McCain hits lack of bailout oversight
At a late-afternoon rally outside the Delaware County Courthouse in Pennsylvania, Republican presidential candidate John McCain expressed his reservations about the proposed Wall Street bailout plan and criticized Democrat Barack Obama for not coming up with a financial-rescue proposal of his own.
PHILADELPHIA — At a late-afternoon rally outside the Delaware County Courthouse in Pennsylvania, Republican presidential candidate John McCain expressed his reservations about the proposed Wall Street bailout plan and criticized Democrat Barack Obama for not coming up with a financial-rescue proposal of his own.
Speaking about the bailout plan being crafted by the Bush administration, McCain said it was not acceptable for the vast sums of money being discussed to be administered and spent solely by the secretary of the Treasury — without any further review.
"We won't solve a problem caused by poor oversight with a plan that calls for no oversight," he told the several thousand enthusiastic supporters who gathered on the streets of Media, many of them dressed in Republican red.
Obama, speaking in Green Bay, Wis., kept his focus on the economy as well, pledging as president to save the federal government $40 billion by reducing spending on outside contractors by 10 percent.
http://seattletimes.nwsource.com/html/politics/2008196773_campdig23.html
At a late-afternoon rally outside the Delaware County Courthouse in Pennsylvania, Republican presidential candidate John McCain expressed his reservations about the proposed Wall Street bailout plan and criticized Democrat Barack Obama for not coming up with a financial-rescue proposal of his own.
PHILADELPHIA — At a late-afternoon rally outside the Delaware County Courthouse in Pennsylvania, Republican presidential candidate John McCain expressed his reservations about the proposed Wall Street bailout plan and criticized Democrat Barack Obama for not coming up with a financial-rescue proposal of his own.
Speaking about the bailout plan being crafted by the Bush administration, McCain said it was not acceptable for the vast sums of money being discussed to be administered and spent solely by the secretary of the Treasury — without any further review.
"We won't solve a problem caused by poor oversight with a plan that calls for no oversight," he told the several thousand enthusiastic supporters who gathered on the streets of Media, many of them dressed in Republican red.
Obama, speaking in Green Bay, Wis., kept his focus on the economy as well, pledging as president to save the federal government $40 billion by reducing spending on outside contractors by 10 percent.
http://seattletimes.nwsource.com/html/politics/2008196773_campdig23.html