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McCain, Obama Offer Plans to Fix Financial Crisis

  • VOA News

U.S. presidential candidates John McCain and Barack Obama focused their campaigns Tuesday on the economy and their plans to fix the country's financial crisis.

In Florida, Senator McCain, the Republican nominee, blamed greed and mismanagement of Wall Street and Washington for huge financial casualties. He says he would set up a commission to study the cause of the crisis and find solutions.

Speaking in Colorado, Obama argued it is already known how the financial crisis came about and said the country needs leadership to solve the problem.

At a later campaign stop in Ohio, McCain slammed Obama for a lavish Tuesday night fundraising event, featuring singer and actress Barbara Streisand at a cost of thousands of dollars a person (28-thousand-five-hundred dollars a person for a reception and dinner and 25-hundred dollars a ticket for the event with Streisand). McCain criticized Obama for talking about siding with the people just before a Hollywood fundraiser with "his celebrity friends." The Republican nominee said there is no place he would rather be than with "the working men and women of Ohio."

In a separate development, five lawmakers in Alaska are suing to stop an investigation involving McCain's running mate, Alaska Governor Sarah Palin, and her firing of a public safety commissioner.


The lawsuit calls the investigation led by the Alaskan Legislative Council unlawful, biased and partisan.

Some of Palin's opponents say the commissioner was fired for refusing to dismiss a state trooper who is Palin's sister's ex-husband. The McCain campaign says the commissioner was fired because of insubordination on budget issues and that Palin will likely not speak with investigators in the probe.

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