Initial impressions: McCain is coming off like a pissy, angry old guy. "I know how to fix the economy!" Okay, John, if that was true, where have you been over the last three weeks? Why haven't you brought this knowledge up before now? He's also taking credit for an idea that's been kicked around for several weeks now - buying up upside-down mortgages and refinancing those loans at the new, lower values of those homes. Not a bad idea, but also not his idea.
On to the bailout - McCain brings up Fannie Mae and Freddie Mac and blames that part of the crisis on Obama and his cronies, when it's his own campaign manager who was a Fannie/Freddie lobbyist for years! And he has a ton of lobbyists on his campaign staff. (They're getting called out in Doonesbury this week.) Then he goes on to blame the low-income people who were getting Fannie and Freddie mortgages - read minority. And he's telling this to an African-American man - I wonder if it occurs to McCain that he's essentially blaming the questioner.
I think Obama is doing a better job of answering questions and having some empathy for the questions so far.
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