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Thursday, September 25, 2008

Dem Campaign Chatter 9-25-2008

George Wenschhof

Today, Obama is in Washington, D.C. for a meeting with President Bush - the President invited both Obama and McCain along with Congressional leaders to meet with him to discuss his 700 Billion bail out bill. Biden will be in Greensboro and Wilkes-Barre, Pennsylvania.

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The McCain charade on the economy continued yesterday - after issuing a press conference to say he is suspending his campaign to head to D.C., he calls David Letterman to cancel his appearance on the show saying he was leaving town to go take care of the economy. The only problem? McCain was taping a interview with Katie Couric at the same time as he was to have been on the Letterman show. You can watch Letterman's reaction here. It is hilarious!

Not only did he stretch the truth or just lie to Letterman, he is not in too much of a hurry to head to D.C. as he speaks in the morning at former President Clinton's Global Initiative Conference in New York City. Read more here. Senator Chris Dodd (D-Conn) said it best yesterday when he said of McCain "...He's not trying to rescue the economy, he's trying to rescue his campaign".

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More Grandstanding by the McCain campaign -today, he wants to move the presidential debate scheduled for tomorrow night to October 2, to the date of the only scheduled vice-president debate. With only a little over five weeks to go to the election, perhaps the McCain campaign is hoping they can keep Governor Sarah Palin from having to participate in a debate. CNN.com has more here.

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Meanwhile, Obama delivers a calm, measured speech last night on the economic problems facing Americans - Last night I posted the joint statement from Obama and McCain on the economy that was a result of a phone call from Obama suggesting it to McCain yesterday morning. While McCain was "suspending" his campaign, well sort of, Obama was speaking to Reporters and answering questions last night. He sent a email to supporters last evening and made it clear that "-- with only 40 days left for the American people to decide who will be responsible for leading our economic future -- it is more important than ever that the scheduled debate takes place". You can watch his press conference here.

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Recession could last 3-4 years - a article in Reuters today talks about the difficult times ahead for Americans. Michael Psaros, managing partner of KPS,a private equity firm, says this will effect main street and not just wall street. Reuters.com has more here.

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Unemployment claims highest in seven years - the Labor Department reported the increase in claims. The number of unemployed receiving assistance was 6.1% in August, the highest in five years. Read more here. Pace of New Home sales is the lowest in 17 years - also prices for new homes lowest in 4 years. Read more here.

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Obama widens national lead in polls - RealClearPolitics.com has the national poll average at Obama 47.9% and McCain 44.4%. This is an average from ten national polls taken since 9-19. Read more details here.

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