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Tuesday, October 14, 2008

Dem Campaign Chatter 10-14-2008

George Wenschhof

Today, Obama is in Toledo, Ohio - he is expected to be preparing for the debate tomorrow. Biden is also in Ohio, visiting Warren, St. Clairsville, and Marrieta.

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Obama 49.9%, McCain 42.5% is the RealClearPolitics.com national poll average - this is exactly three weeks to the election. It is the average of 10 polls taken from 10-8 to 10-13-2008. You can read more detail here.

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New Polls show Obama has solid lead in four swing states - Quinnipiac University/Washington Post/Wall Street Journal poll from 10-8 to 10-12 shows: Colorado-Obama 52%, McCain 43%, Michigan-Obama 54%, McCain 38%, Minnesota-Obama 51%, McCain 40%, and Wisconsin-Obama 54%, McCain 37%.

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Candidates offer economic plans - Yesterday, McCain was suppose to mark the most recent restart of his campaign with a economic proposal. Instead, it was Obama who in a speech in Toledo, Ohio offered up his economic plan, focused on the creation of Jobs. It is designed to put people to work on projects upgrading the country's aging infrastructure. Read more here.

This essentially made the McCain campaign have to wait a day to release their plan so they would be able to get more coverage. However, it once again shows they are reacting, rather than leading. Today, McCain is expected to release his "Pension and Family Security Plan" - you can read the details here.

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This morning, President Bush explains 250 Billion investment in Banks - in return, the US Treasury would receive some equity in the banks. Treasury Secretary Paulson says the move is necessary to avoid a financial collapse of the financial system. The NY Times has more here.

The Dow jumped 900 points yesterday on news of global cooperation. However, keep in mind, bond markets were closed yesterday and the increase yesterday, although a record for a single day, only represents 25% of the recent losses on the Dow.

The Dow is up 250 early at the open. This, as former Federal Reserve Chairman Paul Volcker says U.S. is now in a recession. Reuters.com has more here.

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Is the Republican Party imploding? - explanations are many as the Republican Bush administration announces plans to bail out financial institutions. Why, isn't this a socialist action? Then there is the denial they had anything to do with the current financial crisis. What about the little guy who is trying to make ends meet? What is with these red states turning blue? All of these questions abound as the McCain campaign continues to throw the kitchen sink at Obama hoping something sticks. Joan Walsh of Salon.com has a good read here. Also Eugene Robinson of the Washington Post has a good read here.

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