final verdict on eight years of failed economic policies

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Sen. Barack Obama sharply criticized Sen. John McCain's judgment on the war in Iraq, repeatedly telling his presidential rival ''you were wrong'' to rush the nation into battle, directly challenging the Republican nominee on foreign policy as the two met in their first debate of the general-election season. McCain aggressively pushed back, accusing Obama of failing to understand that a new approach employed by Gen. David Petraeus in Iraq would lead to victory and mocking him as naive for his willingness to meet with some of the world's most brutal leaders. With 40 days remaining before Election Day and the U.S. economy teetering, the two clashed on taxes, energy policy, Russian aggression in Georgia and the threat posed by Iran. Neither made a serious mistake in an encounter that capped one of the most chaotic weeks of the campaign, nor was either able to claim a decisive victory. The debate itself almost did not happen. McCain's dramatic mid-week announcement that he was suspending his campaign to focus on the nation's financial crisis left the face-off in limbo as both candidates rushed back to Washington on Thursday and plunged themselves into the acrimonious negotiations over a $700 billion economic bailout.

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One Utah » Blog Archive » . . . the final verdict on the failed ...
... with the American International Group is the final verdict on the failed economic philosophy of the last eight years. ... It would do this even if economic policies never changed. I ...
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Jay Bookman
The entry titled "'The final verdict on an economic philosophy that has completely failed'," and ... consistent in his analysis and policy ... and studied of the past 8 years, not ...
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Video: Obama: McCain's Economic Philosophy has Failed for 8 Years
McCain's Economic Philosophy has Failed for 8 Years ... less than the final verdict on an economic philosophy that has completely failed. ... Bush's Failed Economic Policies
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The Hill's Blog Briefing Room » Obama: AIG Bailout is 'Final Verdict ...
... firm AIG is the "final verdict" on President Bush's "failed economic policy." ... Insurance Group is the final verdict on the failed economic philosophy of the last eight years.
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Climate change panel gives its final verdict: the future is bleak ...
Climate change panel gives its final verdict: the future is bleak ... Panel on Climate Change (IPCC), which shared this year’s ... Given that 8 billion people could stand in an area ...
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First Debate Unleashes Sharp Tongues
Obama said his Republican rival has been a loyal supporter of the unpopular president across the past eight years, adding that the current economic crisis is "a final verdict on eight years of failed economic policies promoted by President Bush and ...
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Source: The Ledger
NewsDateTime: 1 hour ago

Bank crisis overshadows defense in first debate
Obama sought to tie McCain to the bank crisis, calling it “a final verdict on eight years of failed economic policies promoted by George Bush, supported by Senator McCain.
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Source: MSNBC
NewsDateTime: 2 hours ago

Obama, McCain argue over economic and foreign topics
We have to realize that this is a final verdict on eight years of failed economic policies promoted by George Bush, supported by John McCain," Obama said.
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Source: Philadelphia Daily News
NewsDateTime: 6 hours ago

Economy, Iraq dominate first presidential debate
Senator Obama said the financial crisis was "the final verdict on eight years of failed economic policies promoted by George Bush, supported by Senator McCain'' and lashed Senator McCain for saying last week the US economy was fundamentally "strong.
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Source: News.com.au
NewsDateTime: 2 hours ago

Financial crisis: US Wall Street bail out talks back on track
He called the financial crisis "a final verdict on eight years of failed economic policies promoted by President Bush and supported by Senator McCain.
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Source: Daily Telegraph
NewsDateTime: 2 hours ago


On Friday, McCain reversed his pledge to stay in Washington until those negotiations concluded. And once on stage at the University of Mississippi, it was Advertisement the exchanges about how to keep the United States safe that put the starkest differences between the two men on display. ''Senator Obama said the 'surge' could not work, said it would increase sectarian violence, said it was doomed to failure,'' McCain said, focusing on recent improvements in conditions in Iraq. ''But yet, after conceding that, he still says that he would oppose the surge if he had to decide that again today.'' ''John, you like to pretend like the war started in 2007,'' the senator from Illinois shot back. ''The war started in 2003.'' In rapid-fire succession, Obama accused his rival of being in the wrong as President Bush led the nation to war in the aftermath of the Sept. 11, 2001, attacks. ''You said we knew where the weapons of mass destruction were. You were wrong. You said that we were going to be greeted as liberators. You were wrong. You said that there was no history of violence between Shia and Sunni. And you were wrong.'' Later, McCain's voice dripped with derision as he questioned Obama's statement that he would meet with the leaders of rogue foreign countries, including Iranian President Mahmoud Ahmadinejad. ''So let me get this right: We sit down with Ahmadinejad, and he says, 'We're going to wipe Israel off the face of the Earth,' " and we say, 'No, you're not'?'' the senator from Arizona said, as Obama tried to object. Obama pushed back on McCain's criticism, saying, ''I reserve the right, as president of the United States, to meet with anybody at a time and place of my choosing if I think it's going to keep America safe.'' In the opening moments of the debate Friday night, Obama and McCain immediately discarded the scheduled topic of foreign affairs and waded into a discussion of the nation's financial crisis, with both saying they are optimistic that Congress will agree on a financial bailout plan in the coming days. The Republican nominee said bipartisanship would carry the day. ''We have finally seen Republicans and Democrats sitting down and negotiating together and coming up with a package,'' McCain said. Obama laid out his own priorities for the federal bailout plan before training his fire on McCain, linking him to the unpopular president. ''We also have to recognize that this is a final verdict on eight years of failed economic policies promoted by George Bush, supported by Senator McCain, a theory that basically says that we can shred regulations and consumer protections and give more and more to the most, and somehow prosperity will trickle down,'' he said. McCain said Obama would bring higher taxes and more spending to the White House at a time when the country could ill afford them, and mocked his assertions that he could bring bipartisanship to Washington. ''Senator Obama has the most liberal voting record in the Senate,'' McCain said. ''It's hard to reach across the aisle from that far to the left.''

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Published on: 8/5/2007 10:03:45 AM

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