Joseph Hodges, left, and others register to vote Friday at a table set up by Obama supporters at the Franconia-Springfield Metro station in Fairfax County.
Joseph Hodges, left, and others register to vote Friday at a table set up by Obama supporters at the Franconia-Springfield Metro station in Fairfax County. (Photos By Gerald Martineau -- The Washington Post)


As the deadline for voter registration arrives today in many states, Sen. Barack Obama's campaign is poised to benefit from a wave of newcomers to the rolls in key states in numbers that far outweigh any gains made by Republicans.

In the past year, the rolls have expanded by about 4 million voters in a dozen key states -- 11 Obama targets that were carried by George W. Bush in 2004 (Ohio, Florida, Georgia, North Carolina, Virginia, Indiana, Missouri, Colorado, Iowa, Nevada and New Mexico) plus Pennsylvania, the largest state carried by Sen. John F. Kerry that Sen. John McCain is targeting.

In Florida, Democratic registration gains this year are more than double those made by Republicans; in Colorado and Nevada the ratio is 4 to 1, and in North Carolina it is 6 to 1. Even in states with nonpartisan registration, the trend is clear -- of the 310,000 new voters in Virginia, a disproportionate share live in Democratic strongholds.

Republicans acknowledge the challenge but say Obama still has to prove he can get the new voters to the polls.

"The machine that has been put in place by the Democrats is effective. They have a lot of people holding clipboards," said Brian K. Krolicki (R) , the lieutenant governor of Nevada. But he added: "There's a difference between successful registration and a groundswell. It's mechanics versus momentum."


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The Obama campaign says it expects the numbers of new voters in swing states to swell even more later this month as elections offices process the tens of thousands of registrations still pouring in. And it exudes confidence about its ability to turn the new voters out with a vigorous follow-up operation. "This a lesson we learned. The old-fashioned way of registering voters was to stand on the corner of the street, stand on the campus quad and register one by one, which we still do," said Jon Carson, the campaign's national field director. "But another important component is getting people the information they need to participate."

Obama, who led a major voter drive in Chicago in 1992, has stressed voter registration from the outset of his campaign, seeing younger or disaffected Americans as a crucial pool of support. The campaign intensified its outreach over the summer, dispatching hundreds of staff members and volunteers to states with large percentages of unregistered voters.

Complementing its efforts are organizations that have been registering hundreds of thousands on their own, such as Democracia USA, which registers Hispanic voters; ACORN, the anti-poverty group; and Women's Voices, Women Vote, which targets unmarried women. More generally, this year's registration tilt is part of a broader shift since 2004 away from Republican affiliation, particularly among younger and Hispanic voters and among college-educated professionals in former GOP strongholds such as New Hampshire, Colorado, and the suburbs of Philadelphia and Northern Virginia.

In Florida, 800,000 voters have been added to the rolls this year, fewer than were added in 2004. The secretary of state's office attributes the drop to registration efforts reaching a saturation point and to the slowing of the state's population growth since 2004.

But the Democratic edge is still more apparent than it was in 2004, when Republicans made a big push to register evangelical Christians in the state. As of Sept. 1, the most recent date for which new registrations are divided by party, Democratic rolls were up by 316,000 and GOP rolls by 129,000 this year. The GOP figure falls short of the gain of 155,000 among independents.

This year's additions expanded the Democrats' registration edge in Florida to half a million voters, a gap expected to grow by Election Day as the thousands of voters who have signed up since Sept. 1 are added to the party totals.

The ratio is more lopsided in North Carolina, where Democrats have added 208,000 voters this year. The 34,000 voters the Republicans have added lags well behind the 148,000 new independents. Four years ago, when Bush won the state with 56 percent of the vote, the picture was different -- Democrats added 192,000 voters during all of 2004, but Republicans nearly matched them with 179,000 new voters of their own.


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Sen. Barack Obama is widening his lead against Sen. John McCain in recent polls.

Sen. Barack Obama is widening his lead against Sen. John McCain in recent polls.


"He certainly did nothing for the first few days," McCain told Fox News on Thursday. "I suspended my campaign, took our ads down, came back to Washington, met with the House folks and got on the phone, and also had face-to-face meetings."

New CNN/Time/Opinion Research Corporation polls of several key battleground states released Wednesday found Obama has made gains across the board -- either taking statistically significant leads or erasing McCain advantages -- over the past few weeks.

Since the financial crisis began in mid-September, Obama has taken and held a lead over McCain in the national CNN poll of polls.

But the Republican nominee said the economic anxiety-fueled poll swing was probably a blip. "Well, first of all, you know very well that these are temporary things,'' he said on MSNBC's Morning Joe. "The focus was on the fiscal crisis we were facing. I understand that. I understand there are going to be ups and downs in campaigns. I'm happy where I am ..."

McCain, appearing on CNN's American Morning on Thursday, also said the economic bailout bill will get passed by the full Congress, and he continued to take a swipe at his Democratic rival's efforts on the bill.

McCain also praised his efforts in getting House Republicans to come together.\

The bailout package, which was backed by both the Democratic and Republican congressional leadership, as well as President Bush, failed in the House by a vote of 228 to 205.

Both McCain and Obama, his Democratic rival, voted Wednesday night in favor of the bill. It passed 74 to 25. The bill now goes to the House for a vote.

McCain said he was "proud of the work that I did, particularly engaging the House Republicans who have been completely shut out of any negotiations. It's now going to be a bipartisan and bicameral result." Video Watch more of McCain's comments »

"I came back and suspended my campaign and got the House into the negotiations at the table, which they had not been before. We were able to get a large increase in the number of Republicans who voted for it. We were able to make significant changes in the bill, which improved it rather dramatically. And I'm confident it will go through the House of Representatives."

McCain said Obama's approach was to "phone it in" -- in regards to working with congressional leaders.

"That's the difference. I suspended my campaign and put my country first. And even if I had failed, it was still the right thing to do. We didn't fail. It's going to pass."

But McCain himself spent much of weekend speaking on the phone with congressional members in his Arlington, Virginia, campaign headquarters.

McCain also said his running mate, Alaska Gov. Sarah Palin, will perform well in Thursday night's vice presidential debate in St. Louis, Missouri.

"The fact is she'll do fine tonight. She has experience, talent, leadership. She has great inner strength. She has an ability to lead that's been proven, taken on her own party," he said. "Joe Biden and Barack Obama have never taken on the leaders of their party on any issue. She's stood up for what's right for the people of Alaska. And she will stand up for what's right for America." Video Watch CNN's Bill Schneider weigh in on the VP debate »

The comments come after Palin has faced criticism for her performance during recent interviews with journalist Katie Couric.

In two separate interviews, Palin had trouble defending McCain's record on regulation issues, discussing the economic bailout, defending her foreign policy credentials, naming her preferred sources of news and naming a Supreme Court case she disagrees with.

Asked if Couric's questions were fair, McCain said he would let the American people decide.

"I know that there have been attacks on Sarah Palin that have been remarkable to me in many ways, but I have total confidence in her. She's very comfortable in her own skin," he said.

Obama, meanwhile, is in Michigan on Thursday, focusing on the economic crisis -- and his solutions to fixing it -- while also criticizing his rival.

"He's talked a lot about getting tough on Wall Street. But over the past few decades, he's fought against the very rules of the road that could have stopped this mess," he said at a rally in Grand Rapids.

"Just two weeks ago, John McCain said the fundamentals of the economy were strong. ... I don't know what yardstick Sen. McCain uses, but where I come from, there's nothing more fundamental than a job," he added.

Obama also urged the House to pass the bailout bill.


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Before moderator Jim Lehrer at the University of Mississippi, Sens. Barack Obama and John McCain sparred over the wars in Iraq and Afghanistan, and the fight against terrorism in Pakistan.
Before moderator Jim Lehrer at the University of Mississippi, Sens. Barack Obama and John McCain sparred over the wars in Iraq and Afghanistan, and the fight against terrorism in Pakistan. (Pool Photo By Chip Somodevilla)

OXFORD, Miss., Sept. 26 -- Sen. Barack Obama sharply criticizedSen. John McCain's judgment on the war in Iraq, repeatedly telling his presidential rival "you were wrong" to rush the nation into battle, directly challenging the Republican nominee on foreign policy as the two met in their first debate of the general-election season.

McCain aggressively pushed back, accusing Obama of failing to understand that a new approach employed by Gen. David H. Petraeus in Iraq would lead to victory and mocking him as naive for his willingness to meet with some of the world's most brutal leaders.

With 40 days remaining before Election Day and the U.S. economy teetering, the two clashed on taxes, energy policy, Russian aggression in Georgia and the threat posed by Iran. Neither made a serious mistake in an encounter that capped one of the most chaotic weeks of the campaign, nor was either able to claim a decisive victory.

The debate itself almost did not happen. McCain's dramatic midweek announcement that he was suspending his campaign to focus on the nation's financial crisis left the face-off in limbo as both candidates rushed back to Washington on Thursday and plunged themselves into the acrimonious negotiations over a $700 billion economic bailout.

On Friday, McCain reversed his pledge to stay in Washington until those negotiations concluded. And once on stage at the University of Mississippi, it was the exchanges about how to keep the United States safe that put the starkest differences between the two men on display.


"Senator Obama said the 'surge' could not work, said it would increase sectarian violence, said it was doomed to failure," McCain said, focusing on recent improvements in conditions in Iraq. "But yet, after conceding that, he still says that he would oppose the surge if he had to decide that again today."

"John, you like to pretend like the war started in 2007," the senator from Illinois shot back. "The war started in 2003."

In rapid-fire succession, Obama accused his rival of being in the wrong more than once as President Bush led the nation to war in the aftermath of the Sept. 11, 2001, attacks. "You said we knew where the weapons of mass destruction were. You were wrong. You said that we were going to be greeted as liberators. You were wrong. You said that there was no history of violence between Shia and Sunni. And you were wrong."

Later, McCain's voice dripped with derision as he questioned Obama's statement that he would meet with the leaders of rogue foreign countries, including Iranian PresidentMahmoud Ahmadinejad.

"So let me get this right: We sit down with Ahmadinejad, and he says, 'We're going to wipe Israel off the face of the Earth,' and we say, 'No, you're not'?" the senator from Arizona said, as Obama tried to object.

Obama pushed back on McCain's criticism, saying, "I reserve the right, as president of the United States, to meet with anybody at a time and place of my choosing if I think it's going to keep America safe."

In response to the first question of the debate, Obama and McCain discarded the scheduled topic of foreign affairs and waded into a discussion of the nation's financial crisis, with both saying they are optimistic that Congress will agree on a financial bailout plan in the coming days.

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Event was designed to focus on national security and foreign policy, but the economy and the bailout package lead off the questions. (Bloomberg)

McCain and Obama Duel Over Judgement, Foreign Policy

By Ben Pershing
washingtonpost.com staff writer

Sens. John McCain (R-Ariz.) and Barack Obama (D-Ill.) kicked off the first general election debate of a tight presidential contest tonight, tackling the national economic crisis and then pivoting to an increasingly heated series of exchanges over policies in Iraq and Afghanistan..

The debate, moderated by Jim Lehrer of the PBS NewsHour, was designed to focus on national security and foreign policy, but the early rounds were dominated by the country's grave economic news.

Much of the debate featured McCain on offense, lobbing charges at Obama that the Democrat has been forced to rebut. McCain repeatedly sought to cast Obama as inexperienced and unsophisticated on national security issues, saying several times that the Democrat "doesn't understand" foreign policy concepts and dynamics.

"There are some advantages to experience, and I honestly don't believe Senator Obama has the knowledge or experience, and has made the wrong judgeement in a number of areas," McCain said near the end of the debate.

Lehrer began the debate by immediately plunging into the news of the day, asking the two men: "Where do you stand on the national recovery plan?"

Obama answered first, saying "we are at a defining moment in our history," amidst two wars and a difficult "financial crisis."

Obama ticked off his priorities for the bailout package, emphasizing oversight, the need for taxpayers to potentially recoup their money, ensuring that CEOs of companies that receive aid not get "golden parachutes," and making sure that homeowners get assistance.

McCain, who has been criticized for not acknowledging quickly enough the severity of the economic situation, warned: "Have no doubt about the magnitude of this crisis."

Asked whether he would vote for the bailout plan, McCain said "I hope so" and "sure."

McCain emphasized his disdain for the current Wall Street culture, in which "greed is rewarded, excess is rewarded ... People are going to be held accountable in my administration."

Obama attempted to take a longer view, lamenting that Washington didn't craft better policies before the current crisis.

McCain went on the attack on the next question, criticizing Obama for his record of requesting more than $900 million worth of earmarks for his state and vowing to veto overstuffed spending bills. "That's a fundamental difference between me and Senator Obama. I want to cut spending. I want to keep taxes low," McCain said.

Obama fired back by criticizing both the Bush administration's tax proposals and McCain's plan, suggesting that tax cuts for the wealthy dwarfed earmarks in their relative slice of the federal budget.

"Eliminating earmarks alone is not how we are going to get the middle class back on track," Obama said.

Asked what they would have to give up as president because of the financial crisis, Obama avoided a direct answer and instead provided a laundry list of programs he would initiate and emphasize. Under further questioning, he said he might have to cut back on some of the programs he favors to reduce U.S. dependency on foreign oil. McCain vowed to cut spending overall, and continued his aggressive stance by taking a swipe at Obama for being most liberal Senator, a reference to his vote rating by National Journal. McCain suggested it is difficult to reach across the aisle "when you're that far to the left."

Shifting abroad, Lehrer asked the candidates what lessons they had learned from the Iraq war.

"The lessons of Iraq are clear, you can not have a failed strategy," McCain said, adding that he had called for a change of strategy early in the war and that the troop surge, which he supported, had been successful in putting the U.S. on a path to victory "with honor."

Obama responded by referencing his opposition to going to the war in the first place, contrasting it with McCain and Bush's advocacy in favor of the conflict.

"I wish for the sake of the country that I had been wrong and they were right, but that's not been the case," Obama said, charging that Iraq was a distraction from American efforts in Afghanistan and that al-Qaeda was resurgent as a result.

The exchanges grew more heated as the next question continued on the subject of Afghanistan. Obama said more troops were needed in the country "as quickly as possible" and that he would send "two to three additional brigades" there. Obama also called for additional pressure on Pakistan to force the government there to crack down on al Qaeda within its borders.

McCain said he would "work with the Pakistani government" and would not call for cutting aid to the country, suggesting Obama was irresponsible. Obama struck back by recalling that McCain had once threatened North Korea with "extinction" and sang a song joking about bombing Iran.

Still on offense, McCain criticized Obama for saying he would meet with the Iranian prime minister "without preconditions." Obama retorted by pointing out that his policy has been echoed by the Bush administration and several former secretaries of state, including Henry Kissinger, an advisor to McCain.

The crisis on Wall Street has intersected with the campaign trail in recent days. High-level negotiations on Capitol Hill over a massive financial rescue package brought both candidates rushing back to Washington this week along with a brief suspension of the McCain campaign and a call by the Arizonan to delay tonight's debate, which was months in the making.

Obama resisted that call, and the fate of the gathering at the University of Mississippi in Oxford was uncertain until late this morning, when McCain judged that there was "significant progress toward a bipartisan agreement" and hastily left Washington to travel south.

The nominal topic of tonight's debate, foreign policy, was thought to be Obama's biggest weakness relative to McCain, and the Republican pressed for advantage. In particular, McCain emphasized his steadfast support -- and the apparent success -- of the troop surge in Iraq and contrast that record with Obama's mixed record on the issue.

As he has repeatedly done throughout the race, Obama sought to steer the discussion further back, to make the case that he was right in initially opposing the war while McCain was as misguided as the Bush administration in backing it.

Polling has shown the race to be tight since McCain and Obama clinched their respective party nominations, but the debate came as Obama has opened a narrow lead driven by the focus on economic news -- a strong suit both for him and the Democratic party in general, according to surveys. The Washington Post/ABC News poll released Wednesday showed Obama leading McCain, 52 percent to 43 percent, among likely voters. Other surveys this week have showed a tighter race, and the RealClearPolitics average of recent national surveys gives the Democrat a four-point edge.

Having apparently lost the burst of momentum he gained after choosing Alaska Gov. Sarah Palin as his running mate and staging an energetic Republican National Convention, McCain has had a turbulent two weeks leading up to tonight's debate.

Democrats pounced last week when McCain said "the fundamentals of our economy remain strong," the same day the storied financial firm Lehman Brothers collapsed and the stock market was tumbling. McCain quickly revised his public outlook on the economy, but the Obama campaign was already racing to paint him as out of touch with the concerns of average Americans.

Even after acknowledging the severity of both Wall Street and Main Street's problems, McCain still saw his poll numbers dropping and the narrative of the campaign shift in Obama's favor. Those factors may have contributed to his stunning announcement Wednesday that he was suspending his campaign, taking ads off the air and returning to Washington to involve himself in bailout negotiations.

As partisans argued over McCain's motivations and analysts debated the wisdom of his move, the Republican nominee entered the negotiating process just as a potential deal was collapsing Thursday afternoon. At McCain's urging, President Bush convened an unusual summit at the White House that included congressional leaders of both parties as well as McCain and Obama. At that session, the bailout package the administration and Hill Democrats were nearing agreement on fell apart when House Minority Leader John Boehner (R-Ohio) said his members would not go along and McCain was reportedly quiet and non-commital.

While Thursday's events marked a setback, there were indications today that all sides might be gradually working toward a compromise package that would incorporate at least some of the ideas advocated by House Republicans. Both McCain and Obama will likely have a chance tonight to make their own views known in detail.

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Mississippi, Shedding the Shadows of the Past
Ole Miss is poised to host tonight's debate -- and intent upon showing the nation how far the state has come from its divisive past. (Photo: Linda Davidson/Post)

Washington Post Staff Writers
Friday, September 26, 2008; 12:49 PM

The debate is on.

Sen. John McCain late this morning declared a partial victory in the negotiations on Capitol Hill for an economic bailout package and said he would travel to Oxford, Miss. this afternoon to face Sen. Barack Obama at 9 p.m. EST.




 

Shortly after noon, the Republican presidential nominee and his wife Cindy McCain boarded their campaign jet at Reagan National Airport -- along with former New York Mayor Rudy Giuliani, his wife Judith, campaign aides and reporters -- for the nearly two-hour flight to Memphis.

Obama left the capital around the same time, telling reporters on his plane that he was "optimistic" about a bailout deal.

"I think that there is real progress being made this morning and last night and I think it's important that the markets seem to be staying relatively calm at this point," Obama said. "And at this point, my strong sense is that the best thing that I can do, rather than to inject presidential politics into some delicate negotiations, is to go down to Mississippi and explain to the American people what is going on and my vision for leading the country over the next four years."

He said he would "look forward after the debate to coming back to Washington, and hopefully getting a package done."

The sudden turnabout by McCain, who had suspended his campaign and called for a delay in the face-off with Obama, clears the way for an historic clash between the two presidential candidates at a time of national turmoil at home and abroad.

The debate is designed as a forum for discussion of international issues, most importantly the war in Iraq, which has been a central issue in the election. But the meltdown on Wall Street is all but certain to emerge as the main topic, especially given McCain's dramatic and highly publicized actions during the last 48 hours.

On Wednesday, McCain declared that he was suspending his campaign to return to Washington, and urged President Bush to convene meetings of key congressional leadership and the two presidential candidates.

He said they should "meet until the crisis is resolved."

"I am directing my campaign to work with the Obama campaign and the commission on presidential debates to delay Friday night's debate until we have taken action to address this crisis," he said.

But after a contentious and unproductive day Thursday, in which the White House meeting devolved into argument, McCain reassessed the need for that kind of a conclusive resolution.

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Barack Obama, right, attends a meeting at the White House with President Bush, John McCain and other politicians.

Barack Obama, right, attends a meeting at the White House with President Bush, John McCain and other politicians.

Sens. John McCain and Barack Obama met with President Bush and other politicians for a high-level meeting at the White House on Thursday afternoon to hash out an agreement on the $700 billion economic recovery plan.

But according to Sen. Richard Shelby, R-Alabama, who attended the meeting, "we will not have a deal."

Both candidates left the White House about 5 p.m. CNN has learned that Obama will give a statement outside the Mayflower Hotel in Washington. There is no word on whether McCain will talk to reporters about the meeting.

The meeting, according to the White House, included the following key players: Bush flanked at the table by Senate Majority Leader Harry Reid and House Speaker Nancy Pelosi, Obama and McCain on opposite ends of the table, House Minority Leader John Boehner and Senate Minority Leader Mitch McConnell also between the two presidential candidates and Vice President Dick Cheney across from Bush.

In a statement at the beginning of the meeting, Bush said he hopes for a deal to bail out Wall Street "very shortly."

He said the nation is in a "serious economic crisis" that needs to be dealt with "as quickly as possible" and that the historic meeting is "an attempt to move the process forward."

But according to several Republican aides, there is still major opposition to the "agreement on fundamental principles."

The fact that House Republicans are still not coming on board poses a major obstacle for any kind of deal. Pelosi and other House Democratic leaders have repeatedly said that this is Bush's bill and that he and other GOP leaders need to get Republicans to support it.

McCain, who announced Wednesday that he was suspending his presidential campaign until a bailout plan was worked out, met with some Republican House members to try to bring more of them on board to back the agreement, according to a source in the room and one who was briefed on the meeting.

The gist of the meeting, according to sources, was that these members "aren't there yet" on the plan the Senate Banking Committee worked out and say there needs to be greater protection for taxpayers.

One Republican aide said that "not much has changed in the last 24 to 48 hours. I think it has to be pretty radically altered for House Republicans to support it."

This aide stressed, "at the end of the day, these members represent the people who sent them here, and the people who sent them here are so overwhelmingly opposed to this."

This aide said the calls coming into GOP offices are 90 to 1 against the plan.

Boehner, R-Ohio, has tapped a group of House Republicans to develop alternative ideas.

Earlier, Boehner released a statement that said, "I am encouraged by the bipartisan progress being made toward an economic package that protects the interests of families, seniors, small businesses, and all taxpayers."

It's unclear whether McCain agreed with this approach, but one aide said he put the principles "in his satchel to take over to the White House."

Republicans recognize that there is pressure building to get something done before the end of the week. "There sort of a tacit understanding among everyone that it has to happen before Monday," a third GOP aide said.

House Republican leaders are scheduled to meet at 5:30 p.m. ET in Boehner's office to talk about next steps and what comes out of the White House meeting.

Obama turned down McCain's suggestion that they both suspend their campaigns to focus on securing a deal on a bailout plan. He also passed on McCain's suggestion that they postpone Friday night's first presidential debate in Oxford, Mississippi.

Democrats fear that McCain will take credit for bringing reluctant Republicans around to agreeing with a bailout plan in order to bolster his argument that he would be a better leader in crises than Obama.

"The Democrats, of course, are very afraid that McCain is going to swoop into these delicate negotiations on Capitol Hill at the last minute and when they reach an agreement, he's going to claim credit for having brought those negotiations to a successful conclusion," CNN senior political researcher Alan Silverleib said.

A McCain source insists that the Arizona senator is aware of the politics involved and recognizes that Democrats -- and even some Republicans -- are wary of having it appear that McCain is brokering a deal.

The McCain source said his role in the meeting was to listen so he would know the lay of the land among Republicans before the White House meeting.

Both candidates touched on the economic crisis at former President Clinton's Clinton Global Initiative conference before heading to Washington.

McCain told the audience that it is not the time to engage in presidential politics.

"It's time for everyone to recall that the political process is not an end in itself, nor is it intended to serve those of us who are in the middle of it. In the Senate of the United States, our duty is to serve the people of this country," he said. Video Watch more of McCain's remarks »

"For the Congress, this is one of those moments in history when poor decisions made in haste could turn crisis into a far-reaching disaster if we do not act."

Obama also pressed his position on the crisis plaguing Wall Street -- and Main Street -- to Clinton's group.

"It's outrageous that we find ourselves in a position where taxpayers bear the burden and the risk for greed and irresponsibility on Wall Street and in Washington," he said. "But we also know that a failure to act would have grave consequences for the jobs, and savings, and retirement of the American people."

Obama also touched on his decision to keep on campaigning.

"Our election is in 40 days, our economy is in crisis, and our nation is fighting two wars abroad. ... The American people, I believe, deserve to hear directly from myself and Sen. McCain about how do we intend to lead our country," Obama said.

The initiative, founded by Clinton in 2005, is described as a "nonpartisan catalyst for action" bringing global leaders together to try to solve "some of the world's most pressing challenges."




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McCain Calls for Debate Delay to Focus on Financial Crisis


Democrat Barack Obama argues that Friday debate with McCain should go forward. (Video: AP)

Updated 5:33 p.m.
By Michael D. Shear and Robert Barnes
NEW YORK -- The financial crisis on Wall Street overwhelmed the 2008 presidential race today, as Republican presidential nominee John McCain this afternoon said he would suspend his presidential campaign tomorrow to return to Washington to work on the proposed $700 billion bailout plan. Democratic rival Barack Obama declined to follow suit, saying he would return only if congressional leaders requested his presence and said there was no reason to suspend the campaign or delay Friday night's presidential debate.

A president, Obama said, "is going to have to deal with more than one thing at a time."

The dramatic events on the campaign trail began after Obama called McCain early this morning to seek a joint statement on on their goals for the bailout measure now being negotiated between Congress and the Bush administration. But before that statement was issued, McCain went before television cameras to say he was putting the campaign on hold and wanted to delay Friday night's presidential debate on foreign policy. Among other things, McCain senior adviser Steve Schmidt said McCain would begin unilaterally pulling down his campaign ads and cease fundraising.

"It has become clear that no consensus has developed to support the Administration's proposal,'' McCain said in a brief statement to reporters. "I do not believe that the plan on the table will pass as it currently stands, and we are running out of time.''

McCain said he is calling on President Bush "to convene a meeting with the leadership from both houses of Congress, including Senator Obama and myself. It is time for both parties to come together to solve this problem."

President Bush said he welcomed the gesture. "We are making progress in negotiations on the financial markets rescue legislation, but we have not finished it yet,'' said press secretary Dana Perino. "Bipartisan support from Sens. McCain and Obama would be helpful in driving to a conclusion.''

But Democrats blasted McCain's action as a political stunt, delivered as the economy has surged to the forefront of voters' concerns, and to Obama's advantage.

Rep. Barney Frank (D-Mass.) said McCain's move was "the longest 'Hail Mary' in the history of either football or Marys.'' The chairman of the House Financial Services Committee, which was holding a hearing on the bailout, added "I'm not particularly focused on Senator McCain. I guess if I wanted expertise there [from the GOP ticket], I'd ask Sarah Palin."

Democratic Senate Majority Leader Harry Reid of Nevada had a similar reaction. "It would not be helpful at this time to have them come back during these negotiations and risk injecting presidential politics into this process or distract important talks about the future of our nation's economy," Reid said. "If that changes, we will call upon them. We need leadership; not a campaign photo op."

He added: "If there were ever a time for both candidates to hold a debate before the American people about this serious challenge, it is now."

McCain's surprise announcement caught the Obama campaign off-guard -- officials were still waiting for McCain to return a call Obama had placed this morning seeking a joint statement on the bailout plan.

"At 8:30 this morning, Senator Obama called Senator McCain to ask him if he would join in issuing a joint statement outlining their shared principles and conditions for the Treasury proposal and urging Congress and the White House to act in a bipartisan manner to pass such a proposal," Obama spokesman Bill Burton said in a statement. "At 2:30 this afternoon, Senator McCain returned Senator Obama's call and agreed to join him in issuing such a statement. The two campaigns are currently working together on the details."

The McCain version: "Sen. Obama phoned Sen. McCain at 8:30 am this morning but did not reach him. The topic of Sen. Obama's call to Sen. McCain was never discussed. Sen. McCain was meeting with economic advisers and talking to leaders in Congress throughout the day prior to calling Sen. Obama. At 2:30 pm, Sen. McCain phoned Sen. Obama and expressed deep concern that the plan on the table would not pass as it currently stands. He asked Sen. Obama to join him in returning to Washington to lead a bipartisan effort to solve this problem.

Unlike his Democratic supporters, Obama declined to say McCain was playing politics. He said he wanted to go forward with the debate. "That's what I'm preparing to do. My general view is that the American people need to know what we intend to do."

He added: "Senator McCain is running his campaign, I'm running mine," though he noted the "the fierce competition of this election and the enormous stakes involved."

Obama campaign spokesman Robert Gibbs was more direct. The scene at the debate site in Oxford, Miss. Friday night, he said, would consist of "a stage, an audience, a moderator, and at least one presidential candidate."

McCain aides acknowledged that McCain called Bush before he returned Obama's call, but they denied playing politics.

"You didn't hear a hint of a partisan attack or posturing in that statement," said McCain senior adviser Mark Salter. "He really wants he and Senator Obama, leadership, throw in the chairmen, the administration, lock themselves in a room for the next 100 hours or however long it is between now and Monday morning and achieve some kind of consensus on something that will have the Congress's support."

Shailagh Murray, reporting from Clearwater, Fla., and Paul Kane, Anne E. Kornblut and Dan Balz in Washington, D.C., contributed to this report.

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Turmoil in the financial industry and growing pessimism about the economy have altered the shape of the presidential race, giving Democratic nominee Barack Obama the first clear lead of the general-election campaign over Republican John McCain, according to the latest Washington Post-ABC News national poll.

Just 9 percent of those surveyed rated the economy as good or excellent, the first time that number has been in single digits since the days just before the 1992 election. Just 14 percent said the country is heading in the right direction, equaling the record low on that question in polls dating back to 1973.

More voters trust Obama to deal with the economy, and he currently has a big edge as the candidate who is more in tune with the economic problems Americans now face. He also has a double-digit advantage on handling the current problems on Wall Street, and as a result, there has been a rise in his overall support. The poll found that, among likely voters, Obama now leads McCain by 52 percent to 43 percent. Two weeks ago, in the days immediately following the Republican National Convention, the race was essentially even, with McCain at 49 percent and Obama at 47 percent.

As a point of comparison, neither of the last two Democratic nominees -- John F. Kerry in 2004 or Al Gore in 2000 -- recorded support above 50 percent in a pre-election poll by the Post and ABC News.

Last week's near-meltdown in the financial markets and the subsequent debate in Washington over a proposed government bailout of troubled financial institutions have made the economy even more important in the minds of voters. Fully 50 percent called the economy and jobs the single most important issue that will determine their vote, up from 37 percent two weeks ago. In contrast, just 9 percent cited the Iraq war as their most important issue, its lowest of the campaign.

But voters are cool toward the administration's initial efforts to deal with the current crisis. Forty-seven percent said they approve of the steps taken by the Treasury and the Federal Reserve to stabilize the financial markets, while 42 percent said they disapprove.

Anxiety about the economic situation is widespread. Just over half of the poll respondents -- 52 percent -- believe the economy has moved into a serious long-term decline. Eight in 10 are concerned about the overall direction of the economy, nearly three-quarters worry about the shocks to the stock market, and six in 10 are apprehensive about their own family finances.

Two weeks ago, McCain held a substantial advantage among white voters, including newfound strength with white women. In the face of bad economic news, the two candidates now run about evenly among white women, and Obama has narrowed the overall gap among white voters to five percentage points.

Much of the movement has come among college-educated whites. Whites without college degrees favor McCain by 17 points, while those with college degrees support Obama by 9 points. No Democrat has carried white, college-educated voters in presidential elections dating back to 1980, but they were a key part of Obama's coalition in the primaries.

The political climate is rapidly changing along with the twists and turns on Wall Street, and it remains unclear whether recent shifts in public opinion will fundamentally alter the highly competitive battle between McCain and Obama. About two in 10 voters are either undecided or remain "movable" and open to veering to another candidate. Nevertheless, the close relationship between voters' focus on the economy and their overall support for the Democratic nominee has boosted Obama.

Among white voters, economic anxiety translates into greater support for Obama. He is favored by 54 percent of whites who said they are concerned about the direction of the economy, but by just 10 percent of those who are less worried.

The survey also found that the strong initial public reaction to Alaska Gov. Sarah Palin, McCain's running mate, has cooled somewhat. Overall, her unfavorable rating has gone up by 10 points in the past two weeks, from 28 percent to 38 percent.


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McCain Reverts to Tax Attack

In politics, the more things change the more they stay the same.

With less than seven weeks remaining before the November presidential election, John McCain is turning to a tried and true tactic: attacking Barack Obama as a serial tax raiser who favors a "massive government".

McCain makes the case in a new ad released this morning:

"Obama and his liberal congressional allies want a massive government," insists the ad's narrator, adding that the Illinois senator favors "billions in spending increases" including "painful income taxes, skyrocketing taxes on life savings, electricity and home heating oil."

"Can your family afford that?" the narrator asks at the commercial's close.

McCain's campaign is also held a conference call today focused on the economy with the stated purpose of exploring Obama's "claims that paying higher taxes is 'patriotic'".

On that call, McCain senior policy adviser Douglas Holtz-Eakin alleged that Obama has voted to raise taxes 94 times in the U.S. Senate and had proposed more than $800 billion in additional spending during the presidential campaign. "He has no credibility in his promises," insisted Holtz-Eakin.

The tax attack is not only rooted in decades of successful Republican campaigns -- from the statehouse to the White House -- but also backed by polling that seems to show people believe Obama would raise their taxes.

In the Washington Post/ABC News poll conducted earlier this month, more than half of those tested (51 percent) said that if Obama was elected federal taxes would go up; compare that to the 34 percent who said taxes would go up in a McCain Administration. The New York Times/CBS News poll released last night echoed the findings of the Post survey. Forty-nine percent said they believed their taxes would go up if Obama was elected president while 34 percent said their taxes would rise if McCain wins in November.

Given those gaps, it's easy to see why McCain is focusing on the issue in the final weeks of the race. As we have written many times before, successful political strategies are almost always rooted in playing on the preconceived notions about the two parties.

For Republicans, that means portraying Democrats as advocates of a nanny government that is involved in every part of your life and is funded by huge tax increases that take money from your pocket.

For Democrats, it's casting Republicans as favoring a go-it-alone, every-man-for-himself attitude and driving that message home specifically on domestic issues like health care and the economy.

The reality of the two candidates' economic plans then is secondary to the preconceived notions voters bring to the issues. (Again, we aren't saying this is the "right" way for politics to operate, merely acknowledging that it is the way politics works. Looking for a good, objective breakdown of what the McCain and Obama tax plans mean to you? CNN does it well.)

The big unknown when it comes to the tax question in this election is whether Obama's bet that people are, at their core, sick and tired of politics as usual is the right one. Obama has centered his campaign around the idea that the GOP attacks against Democrats that worked in the past won't work this time around due to the damage done to the Republican brand by President George W. Bush.

If Obama is right, McCain's attacks will fall on deaf ears as people will no longer see Republicans as credible messengers on the economy and taxes. That, in a nutshell, is what happened in the 2006 midterm elections when Republican candidates realized too late that casting their opponents as tax-and-spend liberals was not enough to win races.

Have things changed in the intervening two years? We'll know the answer to that question in 47 days.

By Chris Cillizza |  September 18, 2008; 11:23 AM ET  

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McCain

Politics 2008. 9. 17. 20:11
Video
Republican presidential nominee John McCain says Wall Street's financial turmoil is the result of unchecked corporate greed.
 
  Washington Post Staff Writer
Wednesday, September 17, 2008; Page A01

A decade ago, Sen. John McCain embraced legislation to broadly deregulate the banking and insurance industries, helping to sweep aside a thicket of rules established over decades in favor of a less restricted financial marketplace that proponents said would result in greater economic growth.

Now, as the Bush administration scrambles to prevent the collapse of the American International Group (AIG), the nation's largest insurance company, and stabilize a tumultuous Wall Street, the Republican presidential nominee is scrambling to recast himself as a champion of regulation to end "reckless conduct, corruption and unbridled greed" on Wall Street.

"Government has a clear responsibility to act in defense of the public interest, and that's exactly what I intend to do," a fiery McCain said at a rally in Tampa yesterday. "In my administration, we're going to hold people on Wall Street responsible. And we're going to enact and enforce reforms to make sure that these outrages never happen in the first place."

McCain hopes to tap into anger among voters who are looking for someone to blame for the economic meltdown that threatens their home values, bank accounts and 401(k) plans. But his past support of congressional deregulation efforts and his arguments against "government interference" in the free market by federal, state and local officials have given Sen. Barack Obama an opening to press the advantage Democrats traditionally have in times of economic trouble.

In 2002, McCain introduced a bill to deregulate the broadband Internet market, warning that "the potential for government interference with market forces is not limited to federal regulation." Three years earlier, McCain had joined with other Republicans to push through landmark legislation sponsored by then-Sen. Phil Gramm (Tex.), who is now an economic adviser to his campaign. The Gramm-Leach-Bliley Act aimed to make the country's financial institutions competitive by removing the Depression-era walls between banking, investment and insurance companies.

That bill allowed AIG to participate in the gold rush of a rapidly expanding global banking and investment market. But the legislation also helped pave the way for companies such as AIG and Lehman Brothers to become behemoths laden with bad loans and investments.

McCain now condemns the executives at those companies for pursuing the ambitions that the Gramm-Leach-Bliley Act made possible, saying that "in an endless quest for easy money, they dreamed up investment schemes that they themselves don't even understand."

He said the misconduct was aided by "casual oversight by regulatory agencies in Washington," where he said oversight is "scattered, unfocused and ineffective."

"They haven't been doing their job right," McCain said yesterday, "or else we wouldn't have these massive problems on Wall Street, and that's a fact. At their worst, they've been caught up in Washington turf wars instead of working together to protect investors and the public interest."

Yesterday, Obama seized on what he called McCain's "newfound support for regulation" and accused his rival of backing "a broken system in Washington that is breaking the American economy."

In a speech in Golden, Colo., Obama blamed the economic crisis on an "economic philosophy" that he said McCain and President Bush supported blindly.

"John McCain has spent decades in Washington supporting financial institutions instead of their customers," he told a crowd of about 2,100 at the Colorado School of Mines. "So let's be clear: What we've seen the last few days is nothing less than the final verdict on an economic philosophy that has completely failed."

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