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Instead of attacking Obama, McCain and Palin should attack McCain’s own slogan of deregulation that ruined the American economy
Karthik Murali
Oct. 5, 2008

Who can we blame for the ruin of the American economy? Blame it on George Bush and Cheney. But they are not the only culprits. The root cause is deregulation in financial sector. No Government can govern with backdated regulation while the leaders chant for ‘no regulation’. Senator McCain should take responsibility for his mantra of less regulation that has ruined American economy and has brought global economic depression.

Barack Obama dismissed attacks on his character, saying presidential rival John McCain is trying to distract voters from the financial crisis and the Republican's support for President George W. Bush's economic policies.

McCain's running mate, Alaska Governor Sarah Palin, yesterday linked the Democratic presidential candidate with a domestic terrorist group from the 1970s, telling supporters Obama used to ``pal around with terrorists who targeted their own country.''''

With one month until election day, both candidates are sharpening their rhetoric. Illinois Senator Obama is focusing on the economy and attacking McCain's health-care plan, while the Arizona senator's campaign said it will focus on Obama's ``liberal'''' record. ``Senator McCain and his operatives are gambling that they can distract you with smears rather than talk to you about substance,'''' Obama, 47, said today in Asheville, North Carolina. ``That's what you do when you''re out of touch, out of ideas, and running out of time.''''

Obama has opened up a lead over McCain, 72, in the aftermath of their first debate Sept. 26 as the economy deteriorates. Earlier in September, a Bloomberg/Los Angeles Times poll showed more respondents said Obama would do a better job handling the financial crisis than McCain, and almost half of the voters said they believed he had better ideas to strengthen the economy than his rival.


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