Thursday, September 18, 2008

Article review

I found an article at the Time magazine’s website entitled “The Candidates Play the Market Meltdown.” The article focuses on the statements made by both presidential candidates. Obama was the first to make a statement about the issue. His first tactic was to tie Senator McCain to President Bush and the policies he felt were responsible for the crisis. In the end, Obama’s solution called for “increased consumer protections and tighter oversight and regulation of the financial markets.” Senator McCain called for reform on Wall Street, including “transparency and accountability.” Also he warned about “ineffective regulation” and government bailouts. In a later statement McCain declared the fundamentals of our economy strong. The Obama campaign was quick to attack the claim by using that as evidence that McCain is out of touch. McCain’s reaction was to define what he meant by the fundamentals of our economy which he claims is our workers. I think that people should read this article because it gives a good overview of the candidates’ viewpoint on a huge issue that affects all of us.


http://www.time.com/time/politics/article/0,8599,1841460,00.html

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