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Wednesday, September 24, 2008

Dem Campaign Chatter 9-24-2008

George Wenschhof

Today, Obama is in Dunedin, Florida - He is also preparing for the first of three presidential debates to be held Friday night at the University of Mississippi. By the way, riots broke out when the University of Mississippi admitted it's first black student, James Meredith, in 1962. The NY Times has more here.

Biden is in Cincinnati, Ohio and Jefferson, Indiana. Michelle Obama and Jill Biden team up in Allentown, Pennsylvania.


Congress continues to debate the 700 Billion bail -out proposed by the Bush administration - it would be wise for members of Congress to read the Inaugural Address by Franklin D. Roosevelt given on March 4, 1933. You can read it full here. One paragraph of that speech, given in the midst of the "Great Depression", is particularly relevant and reads as follows:

"Finally, in our progress toward a resumption of work we require two safeguards against a return of the evils of the old order; there must be a strict supervision of all banking and credits and investments; there must be an end to speculation with other people's money, and there must be provision for an adequate but sound currency."


Senator Obama urges conditions be placed on Bail -Out - In a email sent to supporters last night, he points out the need for fairness and openness with No Golden Parachutes, Main Street, Not Just Wall Street, and Bipartisan Oversight. You can read his plan here.


FBI investigating failed financial institutions for fraud - Fannie Mae, Freddie Mac, Lehman Brothers and AIG are among 26 firms currently under investigation. has more here.

Interestingly, a firm owned by McCain's campaign manager Rick Davis was on the payroll of Freddie Mac from 2005 until last month when Freddie Mac was taken over by the government. The NY Times has more here.


Ipsos-McClatchy poll shows Obama 44% and McCain 43% - a lot of interesting sub parts to this poll which all point to the closeness of this contest. Barr and Nader each received 2%, with 5% supporting none of them and 4% undecided.

The economy remains the number one concern for voters - 36% with National Security at 16%. As to who the voters would prefer to handle these issues, McCain leads in national security and Obama leads in regard to the economy. has more here.

In a Washington Post/ABC News poll released today Obama is in the lead by his largest margin 52% to McCain 43%. The poll shows the voters concern with the economy is helping Obama. Read more here.


Biden to blast McCain in regard to his positions on U.S. foreign policy - perhaps the Obama campaign is reading the same poll - see above. Today, in Cincinnati, Ohio Biden will hammer away at the failures of the Bush administration in foreign policy and McCain's support of those positions. has excerpts from the speech here.

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