'Democratic'에 해당되는 글 9건

  1. 2009.03.07 White House Cheat Sheet: Democrats Ca$h in on Rush by CEOinIRVINE
  2. 2008.11.16 Democrats Focus on Job Growth by CEOinIRVINE
  3. 2008.11.05 Candidates await first results by CEOinIRVINE
  4. 2008.11.04 Obama by CEOinIRVINE
  5. 2008.11.03 The State Of the Races: Democratic Big Lead!!! by CEOinIRVINE
  6. 2008.09.23 Obama blames lobbyists, politicians for financial crisis by CEOinIRVINE
  7. 2008.09.22 Democrats Seek Bailout Restraints by CEOinIRVINE
  8. 2008.09.16 Palin aide says Obama backers politicizing Alaska investigation by CEOinIRVINE
  9. 2008.09.15 McCain ad slams Obama, Senate Democrats on immigration by CEOinIRVINE



Democrats are using Rush Limbaugh to raise money. AP Photo by Ron Edmonds

A number of Democratic candidates and committees are using the controversial remarks made by conservative-talk radio host Rush Limbaugh about President Obama to raise money and recruit volunteers to their causes.

In an email sent to supporters late Thursday and entitled "Kowtow," Democratic Senatorial Campaign Committee executive director J.B Poersch writes, "when Rush says jump, congressional Republicans say how high?" and urges recipients to sign a petition condemning Limbaugh's behavior and calling on Senate GOPers to "declare their independence" from him.

A similar missive came out of the Democratic Governors Association as well. "Did you hear what Rush said?" writes DGA executive director Nathan Daschle, adding that Limbaugh and his acolytes will do everything they can to block the implementation of Obama's economic stimulus plan. The best way to stop Rush? Why, send money to the DGA of course.

And, the Democratic National Committee is raising money to sponsor a billboard in Limbaugh's hometown to "send him a message", according to an email sent by DNC executive director Jen O'Malley Dillon.

The appeals by the DNC, DSCC and DGA are the latest but far from the only evidence of how Democrats are seeking to use Limbaugh's comments as a cudgel against Republicans. Former Democratic National Committee Chairman Terry McAuliffe, who is running for governor in Virginia, sent a letter to state Attorney General Bob McDonnell, the GOP nominee, calling on him to renounce Rush, and followed that up with an email petition drive aimed at pressuring McDonnell to "prove" his bipartisan credential by casting Limbaugh off the Republican island.

"Bob McDonnell says he knows how to work across party lines," said Mo Elleithee, a consultant to McAuliffe's campaign. "He can prove it by showing that he is willing to stand up to the de facto head of his party and repudiate his divisive rhetoric."

The appeal of these appeals is obvious for Democrats. As popular as Limbaugh is among the conservative base, he is equally reviled among liberal Democrats -- the very same group that is most likely to give money or donate their time to a candidate or committee.

While neither the DGA nor the DSCC would discuss what sort of response -- financial or otherwise -- their email petitions have received, one source familiar with the DSCC effort said it was on pace to rival a similar email sent out after then President George W. Bush commuted the sentence of former Cheney chief of staff Scooter Libby, who was convicted of obstruction in the Valerie Plame leak investigation.

In the end, this may be the lasting impact of Limbaugh's raised profile in the national political debate. It's highly unlikely that any candidate will win or lose in 2010 as a direct result of Limbaugh but the indirect effect on Democratic fundraising, organizing and base-rallying could be sustained and significant.

Obama in Ohio: President Obama jets to Columbus, Ohio today to speak at a police officer graduation. The idea is to tout the economic stimulus plan as some of the money sent to the Buckeye State was used to retain these new graduates rather than let them go.

Friday Must-Reads: Scanning the world of news for the best and brightest.

1. After a one day respite on Wednesday, the Dow continues its plummet.
2. The White House launches a new website (www.healthreform.gov) and announces a series of town halls to sell the public on the need for healthcare reform.
3. The man who beat, and subsequently lost to, Connecticut Sen. Joe Lieberman (I) is mulling a run for governor in 2010.
4. Politico.com commander in chief John Harris steps down from on high to pen an interesting piece on the uncertain future of the Democratic Leadership Council.
5. The Obama Administration is no longer "Paging Dr. Gupta."

DCCC Weighs in on NY-20: Keep an eye on the Albany media market today and you just might catch the first ad paid for the by the Democratic Congressional Campaign Committee's independent expenditure arm. With a little over three weeks remaining in the special election race between state Assemblyman Jim Tedisco (R) and businessman Scott Murphy (D), the DCCC will weigh in -- seeking to use their financial might to overcome the efforts of the National Republican Congressional Committee for Tedisco. GOP strategists have privately fretted about the DCCC's continuing financial edge and how they might bring it to bear in this race. No details on the extent of the ad buy yet but Democrats want to keep this Upstate seat in their column to keep up the momentum built last fall.

Twitter Drive: As of yesterday, we are nearing 7,750 followers. The goal is 10,000. Perhaps a giveaway of a few Fix T-shirts would do the trick? Tell your friends. Tell your enemies. Sign up to follow "TheFix" and "TheHyperFix."

McCain Mafia Reunites: John McCain's presidential campaign is over but four men who were intimately involved in that effort have banded together to form The Trailblazer Group, a GOP consulting firm based in Alexandria, Va. The four founding partners are: Craig "Goldy" Goldman, who ran McCain's Straight Talk PAC and served as a regional campaign manager during a portion of the general election; Christian Ferry, deputy campaign manager for McCain; Doug Davenport, a regional campaign manager who stepped aside last May due to his lobbying ties; and Ryan Price, the deputy national political director of McCain's presidential bid. "We are pleased to be able to offer our clients a public affairs business model that allows us to work both inside the beltway and in all the 50 states to best represent their needs," said Goldman.

The Clown is Back: For all of those (like the Fix) who mourned the departure of Krusty Conservative from the Iowa blogosphere, the time to rejoice is now. Krusty along with a passel of other GOP bloggers has re-formed under the umbrella of The Iowa Republican. Bookmark it. You'll thank us when presidential caucus season rolls around.

More Charlie Pics!: For those of you who have wanted to see a few more shots of the latest addition to the Fix family (and who wouldn't?), check out this and this.

Say What?: "It really is an honor to have him here and I know for some of my staff, and for bragging rights to my children and my grandchildren, a real treat for me as well." -- Speaker of the House Nancy Pelosi (Calif.) gushes, er, introduces actor Brad Pitt on Capitol Hill Thursday.

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Job-seekers look for opportunities and work on their résumés at WorkSource California in Los Angeles.
Job-seekers look for opportunities and work on their résumés at WorkSource California in Los Angeles. (By Reed Saxon -- Associated Press)
For most of his campaign, President-elect Barack Obama's economic message was a call to restore balance to an off-kilter system, with investments in health care and education and reforms to the tax code and labor laws.

But the Democratic message on the economy is now boiling down to a more blunt and focused rallying cry: jobs, jobs, jobs.

With unemployment claims at a 14-year high, and with Goldman Sachs economists predicting that the jobless rate could rise to 8.5 percent by the end of 2009, Democrats are seizing on job creation as an argument for aggressive action that they say will be hard for Republicans to resist.

Democrats are using the promise of tens of thousands of new jobs building bridges, public transit lines and port facilities to push for an infrastructure program that carries echoes of the New Deal's Works Progress Administration. After Republican opposition last week scuttled talk of a more limited stimulus package in the short term, Democrats plan to wait until January -- when Obama takes office and an even larger Democratic majority controls Congress -- to move forward with legislation for the infrastructure program, which would be part of a stimulus package that some economists say needs to be at least $300 billion.

The Democrats' talk of energy is being framed more than ever around the prospect of more "green" jobs: building wind turbines and solar panels, for example, or retrofitting buildings to make them more efficient. Even Democratic plans to expand health coverage are being billed as job-creation measures. The thinking is that universal coverage will lower health-care costs and make companies more willing to hire, as well as create new health-care jobs.

"People are starting to see that the loss of jobs is starting to cascade. You start reading about 2,000 people here, 900 people here, it's bam to bam to bam, and at this point, no one thinks they're immune," said House Labor and Education Committee Chairman George Miller (D-Calif.). "So energy becomes about jobs as much as it is about the economy. Health care becomes about jobs as much it is about the economy."

Obama and other Democrats are also promoting a $50 billion rescue package for the Big Three automakers as a way to save the more than 2 million jobs that some economists estimate could be affected as a bankruptcy rippled outward. "For a while, this crisis did not hit Main Street so deeply, but now it really has," said Rep. Sander M. Levin (D-Mich.), who is helping lead the push for a bailout. "What you have is just a huge impact in terms of the loss of jobs that's pervasive throughout the country."

And with the 2008 election just past, the jobs mantra is already emerging as a dominant Democratic theme in the next round. Terence R. McAuliffe, a former Democratic Party chairman, announced his possible candidacy for governor of Virginia next year with a promise to use his many corporate connections to bring new jobs to the Old Dominion. In an interview Friday, he said that he knows "most of the CEOs and can open that door and make that pitch."

"Jobs is the centerpiece of the agenda right now," said Rep. Chris Van Hollen (Md.), who leads the Democratic Congressional Campaign Committee. "That's what an economic recovery is all about, putting people in America back to work. . . . Republicans in Congress seem not to have gotten that message -- but come January, that logjam will break."

Republicans scoff at the Democratic rhetoric, saying Obama's plan to raise taxes on the wealthy is likely to deter job growth. Doug Holtz-Eakin, the main economic adviser for Sen. John McCain's campaign, said Democrats are focusing on job creation precisely because they know that McCain's charges about the stifling effect of Obama's tax plans were resonating with voters in the final weeks.

Going forward, Holtz-Eakin said, the Democrats would suffer if they draped too much of their agenda onto job creation. With the annual deficit approaching $1 trillion, he said, the only way to pay for the spending would be with huge cuts in defense spending or with large tax increases, because "arithmetic is their enemy, and you can't fool Mother Nature forever."

"A growth agenda is appealing to the American people, but if he changes that to a fairness agenda, he's going to have trouble," Holtz-Eakin said of Obama.



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Sen. John McCain said Tuesday night that he was "looking forward to the election results."
Jennifer Shelton of Catonsville, Maryland, said she had to wait almost 40 minutes to vote Tuesday.

Jennifer Shelton of Catonsville, Maryland, said she had to wait almost 40 minutes to vote Tuesday.

"We had a great ride. We had a great experience. It's full of memories that we will always treasure," he said aboard his election plane.

He and Sen. Barack Obama were both expected to be watching the results come in from their home states.

The first polls closed at 6 p.m. ET in parts of Indiana and Kentucky.

CNN does not project a winner in any state until all polls have closed in that state.

At 7 p.m. ET, all polls will be closed in Georgia, Indiana and Virginia, three states where McCain and Obama are in a close race.

All polls close in Ohio and North Carolina close by 7:30 p.m.

No Republican has won the White House without winning Ohio.

McCain has been campaigning hard in Pennsylvania, a state that voted for the Democratic candidate in the past two presidential elections.

Polls there will be closed by 8 p.m., as will polls in Florida, another key battleground.

The first exit polls out Tuesday reflect what voters have said all along: The economy is by far the top issue on their minds. Video Watch more on the top issues »

Sixty-two percent of voters said the economy was the most important issue. Iraq was the most important for 10 percent, and terrorism and health care were each the top issue for 9 percent of voters.

Election Night in America
Watch history unfold with CNN and the best political team on television.
Tonight, beginning 7 ET

The economy has dominated the last leg of the campaign trail as Sens. Barack Obama and John McCain have tried to convince voters that they are the best candidate to handle the financial crisis.

Voters expressed excitement and pride in their country after casting their ballots Tuesday in what has proved to be a historic election.

When the ballots are counted, the United States will have elected either its first African-American president or its oldest first-term president and first female vice president.

Besides choosing between McCain and Obama -- or a third-party candidate -- voters were making choices in a number of key House and Senate races that could determine whether the Democrats strengthen their hold on Congress.

Poll workers reported high turnout across many parts of the country, and some voters waited hours to cast their ballots.

Reports of minor problems and delays in opening polls began surfacing early Tuesday, shortly after polls opened on the East Coast.

Among them: Palm Beach, Florida, reported minor sporadic voter machine failures, and wet voters in rainy Chesapeake, Virginia, were being asked to dry off before voting because they were getting their optical-scan ballots wet, according to election officials in those locales.

CNN is asking people to call its Voter Hotline at 1-877-GO-CNN-08 (1-877-462-6608) if they witness any problems or irregularities. Read about election problems

But many said the chance to vote was worth the wait.

"It feels great to be an American today. The best hour and a half of my life," exclaimed Jude Elliot, an eighth-grade social studies teacher in Orangeburg, South Carolina.

Elliot, who has been voting in Orangeburg since 1998, said it usually takes him five minutes to vote, but on Tuesday it took about 90 -- and he arrived at 6:45 a.m.

"Polling station was packed: young, old, black, white, disabled, not," he said. "It was amazing."

Rick Garcia's motivation for voting was more personal. His brother was killed August 1 by a roadside bomb in Afghanistan while he served in the Army.

"It's the main reason why I came to vote: in his honor," said Garcia, of West Palm Beach, Florida. "He would have wanted everybody as American citizens to do it." Video Watch a voter explain how he's honoring his brother »

For many voters, Election Day began well before dawn.

Ronnie Senique, a math teacher from Landover, Maryland, said he got up early and was the first one at the polls when he arrived at 4:10 a.m., almost three hours before the polls opened.

By the time he left, "the lines were around the corner. They snaked around the school. They went into the street," Senique said.

Tuesday was Senique's first time to vote in a U.S. presidential race. Senique, who is from the Bahamas, became a U.S. citizen about three years ago.

High turnout was not necessarily a theme at every polling station around the country. iReport.com: Share your Election Day experience

"I was there at 10 in the morning, and I jokingly said the [entire] line was my wife -- and that's only because I let her through the door first ," said Nathan Grebowiec, a 27-year-old resident of Plainville, Kansas.

The presidential candidates both voted early in the day before heading out to the campaign trail one last time. Video Watch Obama family at polls »

iReporter Lindsey Miller, 23, votes at the same polling place as Obama. She said Secret Service agents were checking names off a list and using metal-detecting wands on some would-be voters as they entered the polling place. The line was around the block at 6 a.m., she said.

"A lot of people were in pajamas. I know I was; not the time you want to be on national TV," the University of Chicago graduate student said. Read what Obama is up to Tuesday

Tuesday also marked the end of the longest presidential campaign season in U.S. history -- 21 months -- and both candidates took the opportunity to make their final pitch to voters.

As McCain and Obama emerged from their parties' conventions, the race was essentially a toss-up, with McCain campaigning on his experience and Obama on the promise of change. But the race was altered by the financial crisis that hit Wall Street in September. Video Watch how this election is history in the making »

Obama began to pull away in the polls nationally as well as in key battleground states. A CNN poll of polls calculated Tuesday showed Obama leading McCain 52 percent to 44 percent, with 4 percent undecided.

Obama also opened a lead in the race for electoral votes. As of Monday, CNN estimated that Obama would win 291 electoral votes and McCain would win 157, with 90 electoral votes up for grabs. To win the presidency, 270 electoral votes are needed.

Although most of the attention has been focused on the presidential race, the outcome of congressional elections across the country will determine whether the Democrats increase their clout on Capitol Hill.

Few predict that the Democrats are in danger of losing their control of either the House or the Senate, but all eyes will be on nearly a dozen close Senate races that are key to whether the Democrats get 60 seats in the Senate.

With 60 votes, Democrats could end any Republican filibusters or other legislative moves to block legislation.

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Many political observers also predict that the Democrats could expand their majority in the House.

Voters will also weigh in on a number of ballot initiatives across the country, many of them focused on social issues like abortion and affirmative action. Check out the hot-button issues on the ballot


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Obama

Politics 2008. 11. 4. 03:06
Barack Obama talks to Browns fans as he shakes hands after his speech in Cleveland. The Democratic candidate also appeared in Cincinnati and Columbus.
Barack Obama talks to Browns fans as he shakes hands after his speech in Cleveland. The Democratic candidate also appeared in Cincinnati and Columbus. (By Linda Davidson -- The Washington Post)

The waning hours of the longest presidential campaign in history elicited a fresh round of stinging attacks from Sens. Barack Obama and John McCain and their supporters on Sunday, a departure from the positive messages that candidates normally revert to before an election.

The two candidates kept swinging at each other as their campaigns focused on a handful of states that will determine the election. Obama cut an ad that used Vice President Cheney's endorsement of McCain to reinforce his central argument that his rival represents a third term of the unpopular Bush administration.

Republicans in Pennsylvania brought back the controversial comments of Obama's former pastor, the Rev. Jeremiah A. Wright Jr., despite McCain's admonition that he should not be used as a political weapon, and the campaign unleashed robo-calls that employed the withering dismissal that Sen. Hillary Rodham Clinton made of Obama's experience when the two were competing against each other in the Democratic primaries.

McCain adviser Charlie Black said his candidate would have preferred that the Pennsylvania GOP not air the ad using Wright's controversial anti-American statements. But "as McCain said back in the spring, he can't be the referee of every ad," Black said.

Ending a campaign on a positive note, said Republican strategist Scott Reed, "may be part of the old way, but this is unlike any campaign we've ever seen. There is such a small slice of undecided out there, I think both sides are going to finish the campaign really going after them."

Those voters, according to polls, represent McCain's last, best hope. But his campaign manager, Rick Davis, made the rounds of the talk shows to forcefully rebut pollsters and pundits uniformly predicting an Obama victory. "I think what we're in for is a slam-bang finish," Davis said on "Fox News Sunday." "I mean, it's going to be wild. . . . John McCain may be the greatest closer politician of all time."

He will need to be. Even Davis acknowledged that McCain will probably need to walk a tightrope to put together enough states to eke out the 270 electoral votes needed for victory. To that end, McCain campaigned in two states leaning toward Obama, Pennsylvania and New Hampshire, that he hopes will provide part of the solution to that puzzle.

Obama's campaign architects said their sophisticated get-out-the-vote operation and months of organizing give the senator from Illinois multiple paths to victory. "Our number one strategic goal was to have a big playing field," Obama campaign manager David Plouffe said on the same morning show. "We did not want to wake up on the morning of November 4 waiting for one state. We wanted a lot of different ways to win this election."

The closing days' schedules served as a guide to the states that will loom large on the networks' maps Tuesday night: Ohio, Florida, Virginia, North Carolina, Pennsylvania, Indiana, New Mexico, Nevada.

Obama spent the entire day in Ohio, where voters have been going to the polls for weeks and a victory would be a back-breaker for his Republican rival. "Go vote right now," he told supporters at the Ohio Statehouse in Columbus, and his campaign aides expressed confidence that they are better organized than any Democrat in years to deliver the vote.

The Democratic nominee played to huge crowds in Columbus, Cincinnati and Cleveland, where he and his family were introduced by musician Bruce Springsteen. Campaign officials are confident that their ground game here is far more potent than the organization that Sen. John F. Kerry fielded four years ago, when he lost Ohio to President Bush by 51 percent to 49 percent. In 2000, Bush beat Al Gore by four percentage points.

As the electoral map shrinks in these final hours, Ohio has become a must-win for McCain. But if Obama succeeds here, it will avenge not only the Kerry and Gore defeats but also his loss to Clinton during the primary, a defeat that underscored Obama's struggles with working-class white voters.






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Barack Obama and running mate Joseph R. Biden Jr. rally for votes at the University of Mary Washington in Fredericksburg in September.
Barack Obama and running mate Joseph R. Biden Jr. rally for votes at the University of Mary Washington


Barack Obama and the Democrats hold a commanding position two days before Tuesday's election, with the senator from Illinois leading in states whose electoral votes total nearly 300 and with his party counting on significantly expanded majorities in the House and Senate.

John McCain is running in one of the worst environments ever for a Republican presidential nominee. The senator from Arizona has not been in front in any of the 159 national polls conducted over the past six weeks. His slender hopes for winning the White House now depend on picking up a major Democratic stronghold or fighting off Obama's raids on most of the five states President Bush won four years ago that now lean toward the Democrat. He also must hold onto six other states that Bush won in 2004 but are considered too close to call.

Two factors cloud the final weekend projections. The first is how voters ultimately respond to the prospect of the first African American president in U.S. history, a force that could make the contest closer than it appears. The other, which pushes in the opposite direction, is whether Obama can expand the electorate to give him an additional cushion in battleground states.

Obama leads in every state that Democratic Sen. John F. Kerry won four years ago, which gives him a base of 252 electoral votes of the 270 needed to win. He also has leads of varying sizes in five states Bush won: Iowa, New Mexico, Virginia, Colorado and Nevada. Were he to win all of those on Tuesday, he would claim the presidency with 291 electoral votes.


The tossup states include traditional battlegrounds such as Ohio, Florida and Missouri, as well as North Carolina, Indiana and Montana, which have been firmly in the Republican column in the past. They account for 87 electoral votes, and if Obama were to win several of them, his electoral vote total could push well into the 300s.

In Senate races, Democrats, who control 51 votes, are closing in on a filibuster-proof 60-seat majority. Three GOP-held seats whose Republicans are retiring -- in Colorado, New Mexico and Virginia -- appear almost certain to go to Democrats. In five other states -- Alaska, Minnesota, New Hampshire, North Carolina and Oregon -- incumbent Republicans are seriously threatened. To get to 60, Democrats would have to win all those seats, plus one of three other competitive races: in Georgia, Kentucky and Mississippi.

In the House, Democrats look to repeat their gains of two years ago, when they picked up 31 seats and took control of the chamber. On Tuesday, they could add 25 to 30 seats to that majority, which would bring them to their highest number since 1990, when they had 267 seats. Ten Republican-held seats lean toward Democrats, and two dozen are viewed as tossups. Five Democratic-held seats are considered up for grabs.

Of the 11 gubernatorial races, only three are competitive. Democratic Attorney General Jay Nixon has the advantage over Rep. Kenny Hulshof in Missouri, where Republican Gov. Matt Blunt is not running for reelection. Two other races in states held by Democrats are considered tossups.

In Washington, Democratic Gov. Chris Gregoire, who won a controversial victory four years ago, faces a tough rematch against businessman Dino Rossi. In North Carolina, where Democratic Gov. Mike Easley is term-limited, Lt. Gov. Bev Perdue and Republican Pat McCrory, the mayor of Charlotte, are in a race that is too close to call.

These projections are based on interviews by a team of Washington Post reporters with strategists in both parties, the presidential campaigns, state and local officials, and other analysts. The projections also include an analysis of a wealth of polling data on individual races and states.

In the Washington Post-ABC News daily tracking poll, Obama currently holds a nine-point national advantage, topping McCain 53 to 44 percent. The poll started after the last of the three presidential debates, and Obama's margin has held between seven and 11 points throughout.

More than half of all voters in the Post-ABC poll say the economy is their central voting issue, and Obama has been the main beneficiary of that focus. He has a double-digit edge on the question of which candidate is better able to handle the economy, and he has had even wider leads as the one who is more in touch with the financial problems people face.






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(CNN) -- Sen. Barack Obama on Monday blamed lobbyists, special interests and "an ethic of irresponsibility" in Washington for the financial crisis that has swept the country in recent weeks.

Sen. Barack Obama said Monday there needs to be more oversight in Washington.

Sen. Barack Obama said Monday there needs to be more oversight in Washington.


The senator from Illinois sided with congressional Democrats, who say a government bailout of the financial sector must include government oversight.

"We cannot give a blank check to Washington with no oversight and accountability, when no oversight and accountability is what got us into this mess in the first place," Obama said.

President Bush's top economic advisers this weekend presented a $700 billion plan to Congress to take control of "illiquid assets," including bad mortgages.

Bush urged Congress to pass the plan as is, but Democrats on the Hill already are circulating a counterproposal.

Sen. John McCain, Obama's Republican rival for the presidency, said Monday that the government's proposal puts too much power into the hands of Treasury Secretary Henry Paulson.

In a conference call Monday with reporters, McCain's top campaign officials refused to say how the senator from Arizona would vote on the plan because it is not yet clear what the final version will contain.


At a campaign event Monday in Green Bay, Wisconsin, Obama laid out the reforms he would pursue as president to avoid another economic crisis. Video Watch Obama talk about the crisis on Wall Street »

First, Obama said that he would reform "our special interest-driven politics." He said members of his administration would not be able to use their position as a steppingstone for lobbyist careers. Video Watch what Obama says about McCain's role in the situation »

Obama said he would make the government "open and transparent" and put any bill that ends up on his desk online for five days before he signs it.

Secondly, Obama said he would "eliminate the waste and the fraud and abuse in our government." He pointed to fixing the health care system and ending the war in Iraq as ways to cut costs.

Obama also said that he and his running mate, Sen. Joe Biden, would crack down on excessive spending from both parties and close loopholes for big corporations.

Obama said he would pursue "updated, common-sense regulations" in the financial market.

Earlier Monday, McCain told voters he was "greatly concerned" about the government's proposed rescue plan.

"Never before in the history of our nation has so much power and money been concentrated in the hands of one person," McCain said at a town hall meeting in Scranton, Pennsylvania.

The Republican candidate said that while he admires and respects Paulson, "this arrangement makes me deeply uncomfortable."

McCain said a high-level oversight board should be created to shepherd the government's proposed $700 billion bailout plan.

McCain criticized Obama for not putting up a plan to address the financial situation.

"At a time of crisis, when leadership is needed, Sen. Obama has simply not provided it," he said. Video Watch what McCain says about Obama's leadership »

Obama has said several times since the recent Wall Street crisis that, in meeting with top economists, he was encouraged to not roll out a specific plan for fear of overly politicizing the work of Congress on a government bailout of financial firms.

He has, however, offered ideas for the plan -- including limiting pay for executives of businesses that are bailed out by the government and making sure the effort includes a specific plan for the money to be repaid.

McCain on Monday proposed creating a bipartisan oversight board that would be able to "impose accountability and establish concrete criteria for who gets help and who doesn't."

The Republican presidential candidate said the board should be made up of "qualified citizens who have no agenda." He pointed to Warren Buffett, former Massachusetts Gov. Mitt Romney and New York Mayor Michael Bloomberg as potential board members.

Buffett, chairman and CEO of Berkshire Hathaway, supports Obama. Romney backs McCain, and Bloomberg is an independent.

McCain also called for "transparency and accountability" on Wall Street and urged Congress to act quickly.

The Bush administration's proposal to bail out the financial system is the centerpiece of what would be the most sweeping economic intervention by the government since the Great Depression.

The plan would allow the Treasury to buy up mortgage-related assets from American-based companies and foreign firms with a big exposure to these illiquid assets.


The aim is for the government to buy the securities at a discount, hold onto them and then sell them for a profit.

The government's rescue plan follows a week of roller-coaster activity in the financial markets. In the lead-up to Bush's proposal, the country saw the collapse of U.S. investment bank Lehman Brothers, a Bank of America buyout of Merrill Lynch and a government bailout of insurer American International Group Inc
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Senate Banking Committee Chair Christopher Dodd, at right with Sen. Charles Schumer, says it might be possible may meet approve the bailout by Friday, but it might take longer.
Senate Banking Committee Chair Christopher Dodd, at right with Sen. Charles Schumer, says it might be possible may meet approve the bailout by Friday, but it might take longer. (By Richard A. Lipski -- The Washington Post
  Washington Post Staff Writers
Monday, September 22, 2008; Page A01

Congressional Democrats considering the Bush administration's emergency plan to shore up the U.S. financial system yesterday countered with their own demands, presenting draft legislation giving the government power to cut salaries of chief executives at firms that participate in the bailout and slash severance packages for their top management.

Democratic leaders have broadly embraced the administration's proposal to spend up to $700 billion to take troubled assets off the books of faltering firms and are not questioning the need to give the Treasury Department expansive authority to halt the meltdown in world markets. But by attempting to limits executive pay, they risk alienating key Republicans who object to such restrictions and delaying passage of the rescue plan, which in turn may stir renewed fear in the markets.

Last night, the Federal Reserve said that the two remaining investment banks, Goldman Sachs and Morgan Stanley, will now be classified as regular commercial banks. That means that they will be subject to a broad and intensive set of government oversight rules that apply to regular banks. It also means that there are no remaining stand-alone investment banks.

There were five investment banks at the beginning of the year, but Bear Stearns was bought by commercial bank J.P. Morgan in the spring, Lehman Brothers has gone bankrupt, Merrill Lynch is being acquired by Bank of America, and now Goldman Sachs and Morgan Stanley are becoming commercial banks.

Treasury Secretary Henry M. Paulson Jr. was working last night to press House leaders to strike an agreement on the bailout bill by early Monday morning, according to three sources familiar with the matter. No deal with the Senate appeared close last night.

Sources familiar with Treasury's thinking said last night that the department is also continuing to monitor troubled financial firms and may have to intervene in the markets again this week, before Congress acts on the bailout, to address specific flashpoints.

Democrats sought to add oversight provisions and taxpayer protections to the proposal, which amounts to the largest government intervention in the private markets since the Great Depression. "We will not simply hand over a $700 billion blank check to Wall Street," House Speaker Nancy Pelosi (D-Calif.) said in a statement.

Under the proposal drafted by House Democrats, the Treasury would be required to force faltering firms that want to sell their troubled assets to the government to "meet appropriate standards for executive compensation." Those standards would include a ban on incentives that encourage chief executives to take "inappropriate or excessive" risks, a mechanism to rescind bonuses paid for earnings that never materialize and limits on severance pay.

Although Democrats have long sought to revamp the structure of compensation on Wall Street, their current demands are focused more narrowly on those financial firms choosing to avail themselves of the bailout.

The Democratic measure also would require the Treasury to use its status as the new owner of billions of dollars in mortgage-backed assets to reduce foreclosures by forcing banks to rewrite loans for distressed homeowners and forgive a portion of their debt. And it calls for a strict regimen of oversight, including independent audits and regular reports to Congress.

The proposal was presented to Treasury officials during marathon negotiating sessions this weekend over the bailout plan. House Republicans sent Treasury a separate set of demands, including the suggestion that a joint committee of Congress be created to oversee the program. And Senate Democrats yesterday were still assembling a list of provisions they hope to add, including new powers for bankruptcy judges to modify mortgages on primary residences, an idea House Democrats said yesterday that they had abandoned.

Though lawmakers had promised to work across party lines and between chambers to speed the rescue plan to passage by Friday, that process was not working smoothly.






Posted by CEOinIRVINE
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She accused of improperly firing public safety commissioner.
Obama campaign says charge is "complete paranoia", though.

Why?

ANCHORAGE, Alaska (CNN) -- Alaska Gov. Sarah Palin will not cooperate with a legislative investigation into the firing of her public safety commissioner, the McCain-Palin presidential campaign announced Monday, accusing supporters of Democratic rival Barack Obama of manipulating the inquiry for political motivations.

Gov. Sarah Palin is fighting allegations she improperly tried to force the firing of her former brother-in-law.

Gov. Sarah Palin is fighting allegations she improperly tried to force the firing of her former brother-in-law.

Former Palin Press Secretary Meg Stapleton told reporters in Anchorage that the investigation has been "hijacked" by "Obama operatives" for the Democratic presidential nominee -- namely, Alaska state Sen. Hollis French, the Democratic lawmaker managing the investigation and an Obama supporter. French has denied working on behalf of the Obama campaign.

The Obama campaign described Stapleton's charge as "complete paranoia." It has denied sending campaign staff to Alaska to work with the legislative committee's investigation.

McCain campaign spokesman Ed O'Callaghan said Palin will not cooperate with "that investigation so long as it remained tainted and run by partisan individuals who have a predetermined conclusion," referring to a comment by French earlier this month that the case could produce criminal charges or an "October Surprise" for the GOP ticket.

Palin, the Republican nominee for vice president, is battling allegations that she and her advisers pressured then-Public Safety Commissioner Walt Monegan to fire a state trooper going through a bitter custody dispute with her sister -- and that Monegan was terminated when he refused. Palin says she fired Monegan over budget issues and denies wrongdoing.

Monegan has said that while no one directly demanded Trooper Mike Wooten's dismissal, he felt pressured to do so by Palin, her husband and staff. He said he believes his refusal to fire the trooper led to his own firing. Upon the dismissal, Monegan was offered a position as executive director of the Alcohol Beverage and Control Board, but turned it down.

Palin's lawyers say the investigation -- which the Legislature commissioned on a bipartisan basis in July -- belongs before the state Personnel Board, which met to consider the request Thursday. On Friday, Alaska lawmakers voted to subpoena Palin's husband, several aides and phone records in their investigation.

Stapleton said Palin's attorneys have turned over to the board e-mails that contain "new information that exonerates Palin and proves Monegan's egregious insubordination."

Monegan allegedly worked against Palin over his department's budget, making repeated requests to Congress "for funding that was out of line for every other commissioner and agency," she said.

"The final straw came in late June, when Commissioner Monegan arranged for another unauthorized trip to D.C. to request more money from Congress," Stapleton said.

The campaign also disputed recent comments Monegan made to ABC News, in which he accused Palin of lying during her wide-ranging interview with ABC's Charles Gibson last week.

Palin told Gibson, "I never pressured him to hire or fire anybody." She said she welcomed the investigation and did not worry about the subpoena of her husband, Todd Palin.

"There's nothing to hide," she said. "I know that Todd, too, never pressured Commissioner Monegan. He did, very appropriately, though, bring up those concerns about a trooper [Wooten] who was making threats against the first family, and that is appropriate."

Monegan rebutted Palin's comments, saying, "She's not telling the truth when she told ABC neither she nor her husband pressured me to fire Trooper Wooten," according to an interview posted on ABC News.com. "And she's not telling the truth to the media about her reasons for firing me."

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Posted by CEOinIRVINE
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I am Democratic,but I am really worry about the immigration policy.
It's very complicated. It might lead a lot of problems.

I don't believe what Obama will do.
However,I believe what Democratic party will come up with a good policy.

McCain went too far on this ad, though.

September 13, 2008
Posted: 09:49 AM ET

From
New McCain ad blames Obama and Democrats for death of immigration overhaul effort.
New McCain ad blames Obama and Democrats for death of immigration overhaul effort.


(CNN) –
John McCain’s campaign is running a Spanish language ad in battleground states that blames Barack Obama and Senate Democrats for the failure of attempts to overhaul the nation’s immigration laws — even though the Republican nominee and his Democratic counterpart cast identical votes in the key Senate showdowns on that issue last year

“Obama and his congressional allies say they are on the side of immigrants. But are they?” asks the announcer in the 30-second spot, “Which Side Are They On?”

“The press reports that their efforts were 'poison pills' that made immigration reform fail,” he continues. “The result: No guest worker program. No path to citizenship. No secure borders. No reform. Is that being on our side? Obama and his Congressional allies ready to block immigration reform, but not ready to lead.”

But Obama and McCain cast identical votes in the major congressional showdowns on the issue last year. Both men cast votes in favor of an unsuccessful early June effort to end a filibuster. Later that month, they voted again to end debate on the issue – but again failed to shut down the filibuster effort, led for the most part by Republican senators.

The ad will air in Colorado, New Mexico and Nevada, all crucial fall states with significant Hispanic voting populations.

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