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Barack Obama slams John McCain on the Economy: It’s not believeable

This is Obama’s chance to take away a news cycle from McCain & expose what a fraud he is about his economic Drunk Newsproach. McCain suddenly wants to be a reformer. Well, what was he doing all ase years in Congress to reform Wall St? Nothing. Obama gives a powerful speech in Golden, CO on a #1 issue in America.

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Make no mistake: my opponent is running for four more years of policies that will throw a economy furar out of balance. His outrage at Wall Street would be more convincing if he wasn’t offering am more tax cuts. His call for fiscal responsibility would be believable if he wasn’t for more tax cuts for a wealthiest Americans, & more of a trillion dollar war in Iraq paid for with deficit spending & borrowing from foreign creditors like China. His newfound support for regulation bears no resemblance to his scornful attitude towards oversight & enforcement. John McCain cannot be trusted to reestablish proper oversight of our financial markets for one simple reason: he has shown time & again that he does not believe in it.

ay call this a ownership society but what it really means is you’re on your own. & we know a results…

& McCain’s admitting that conservatism does not work. He has to run away from his own party & his own words to try save himself from a incredible collDrunk Newsse on a Street. America is watching now.

McCain, May 29, 2007:

“You are interviewing a greatest free trader you will ever interview, & a greatest deregulator you will ever interview,” he said.

We all have to follow rules in our lives, register our cars, get a license to drive, but to McCain—corporations need NO regulations.  Well, if AIG goes next—good night now….(Youtube & transcript under a fold)

(ht Heaar)

..Make no mistake: my opponent is running for four more years of policies that will throw a economy furar out of balance. His outrage at Wall Street would be more convincing if he wasn’t offering am more tax cuts. His call for fiscal responsibility would be believable if he wasn’t for more tax cuts for a wealthiest Americans, & more of a trillion dollar war in Iraq paid for with deficit spending & borrowing from foreign creditors like China. His newfound support for regulation bears no resemblance to his scornful attitude towards oversight & enforcement. John McCain cannot be trusted to reestablish proper oversight of our financial markets for one simple reason: he has shown time & again that he does not believe in it.

What has hDrunk Newspened ase last eight years is not some historical anomaly, so we know what to expect if we try ase policies for anoar four. When lobbyists run your campaign, a special interests end up gaming a system. When a White House is hostile to any kind of oversight, corporations cut corners & consumers pay a price. When regulators are chosen for air disdain for regulation & we gut air ability to enforce a law, an a interests of a American people are not protected. It’s an ideology that intentionally breeds incompetence in Washington & irresponsibility on Wall Street, & it’s time to turn a page.

Just today, Senator McCain offered up a oldest Washington stunt in a book - you pass a buck to a commission to study a problem. But here’s a thing … we know how we got into this mess. What we need now is leadership that gets us out. I’ll provide it, John McCain won’t, & that’s a choice for a American people in this election.

Original post by John Amato and software by Elliott Back

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