Thursday, September 18, 2008

"McCain: I would fire Bush SEC chairman"

http://www.politico.com/news/stories/0908/13573.html

Thursday, September 18th said that the chairman of the US Securities and Exchange Commission, Chris Cox, a former Republican congressman should be fired. The Democrats say he is trying toput blame on a particular person, rather than trying to solve the problem. Some also say he is trying to free Bush from the blame. At the same time he is trying his best not to compare himself to Bush. After viewing this article, I agree with the Democratic viewers. This is because rather than blaming someone for a problem, the Presidential Candidate should tell the public how he will solve the problem.

New bailout planned

http://money.cnn.com/2008/09/18/news/economy/rtc_speculation/index.htm?cnn=yes
By Jeanne Sahadi, CNNMoney.com senior writer
Last Updated: September 18, 2008: 9:51 PM EDT
The Federal Government is attempting to establish a program to help banks which are in trouble in the economy crisis. The cause of these troubles is directly linked to the real estate crisis. Talks of this plan helped Wall Street recover somewhat from one of it's largest losses in history. This will affect the entire working class as well as unemployed people. If the plan works out, the amount of enemployed people will lessen, giving many Americans a better way of life. The plan will help reestablish the middle class.

Obama education ad: 'John McCain doesn’t understand'

http://politicalticker.blogs.cnn.com/2008/09/09/obama-education-ad-john-mccain-doesn%E2%80%99t-understand/
From
Tuesday, September 9th, the Obama campaign stated a new ad linking to McCain's educational quotes toward education. “John McCain voted to cut education funding. Against accountability standards. He even proposed abolishing the Department of Education. And John McCain’s economic plan gives two hundred billion more to special interests while taking money away from public schools." This will affect all students and the type of education each one which attends a public school will recieve. If this is the way McCain plans to help our economy, it will do the exact opposite. Taking money away from public schools will give more and more students a slimer chance of job opportunities. In turn, this will weaken our economy and put the future in even worse debt than it is in now. Therefore, education is the key to preventing more economic struggles. McCains way of spending less on education does not sound like a thought out choice.