Monday, September 29, 2008

The Canidates and the Bailout

On Bailout, Candidates Were Surely Themselves by Patrick Healy of the New York Times


As both candidates went back to Capital Hill for negations on a economic bail out bill we've seen actions from the candidates that mirror their persona through out the entire election. Senator McCain came into congress with an individual attitude calling for the resignation of the Securities and Exchange commission chairman and temporally suspending his campaign. Senator Obama arrived in Congress with an approach of committee thinking. Republicans have praised McCain for his decisive actions in suspending his campaign during the economic down turn while Democrats have criticized him as using this for a campaign ploy and show boating, if you will. Even though both Obama and McCain come from the Senate floor they have very different experiences and ideas on how a crisis should be handled. After eight years of perhaps some of the lowest points in American history it has become time to take an entirely new approach than the current administration has taken. In his policies and actions we've seen that Senator McCain share many of the same policies as President Bush does. It is obviously a campaign objective to distance himself from Bush. With the lowest approval rating in American history it is easy to see how much influence he can lose with the house of representatives voting down the bailout bill despite a great deal of support by President Bush. It will be a heated campaign and upcoming election because of this. This economic crisis is yet another challenge that will face our next President and the knowledge and ability when it comes to economy might possibly be a deciding factor on election day.

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