October 10, 2008

On the Stump

Obama buying prime time ad

Barack Obama is buying a half-hour slot on television networks in prime time on Oct. 29, the anniversary of Black Tuesday of 1929, when panic in the stock markets set in ahead of the Great Depression.

Obama declined to say Thursday whether he planned to address the current economic crisis.

The campaign declined to say how much the ads would cost.

But such a vast purchase of commercial time is a multimillion- dollar expense. Obama has been spending dramatically on ads, overshadowing Republican rival John McCain and the Republican National Committee.

The last candidate to make such a purchase was Ross Perot in 1992.

McCain stresses Obama/Ayers tie

WAUKESHA, Wis. - Republican John McCain said Thursday that questions about Democratic rival Barack Obama's association with a former war protester linked to Vietnam-era bombings are part of a broader issue of honesty.

In his strongest personal criticism since his faltering campaign began casting Obama as an unknown and unacceptable candidate, McCain told supporters that Obama had not been truthful in describing his relationship with former radical William Ayers. The Arizona senator also said Obama himself has "a clear radical, far-left pro-abortion record."

Loud cheers from 4,000 people gathered at a sports complex near Milwaukee greeted McCain's attacks over Ayers, who helped found the Weather Underground, a Vietnam protest group that bombed government buildings 40 years ago.

Obama, who was born in 1961, has pointed out that he was a child at the time and first met Ayers and his wife, ex-radical Bernadine Dohrn, a quarter-century later.

Obama has denounced Ayers and his violent actions and views. He dismisses McCain's criticism as an effort to "score cheap political points."

Barr hopes for pop on bailout

WASHINGTON - Private markets fail, politicians from both parties jump to their rescue, and taxpayers get stuck with the bill.

Libertarian candidate Bob Barr couldn't have scripted a better story line to argue that Republicans and Democrats are interchangeable - with a helpless addiction to spending.

Can Barr capitalize on it during the closing weeks of the presidential campaign?

Polls so far aren't registering a shift to the Libertarian candidate in spite of widespread outrage over the $700 billion rescue package. The former GOP congressman from Georgia is languishing with about the same 1 percent share of support he's had for months.

But Barr is sharpening his attacks on Republican nominee John McCain, hoping that fiscal conservatives frustrated over McCain's support for the bailout will join his anti-government campaign.

Obama hits mortgage plan

DAYTON, Ohio - Democrat Barack Obama charged Thursday that Republican John McCain's mortgage buyout plan would cost taxpayers billions of dollars and reward bad behavior by lenders.

Speaking in Dayton as he started a two-day bus tour of hotly contested Ohio, Obama said McCain's plan would force the government to absorb the full cost of renegotiating mortgages to prevent borrowers from losing their homes. Lenders should share some of the costs, he said.

McCain has proposed to devote $300 billion - nearly half the recent financial rescue package signed by President Bush - to buying troubled mortgages at face value from financial institutions. McCain promotes it as a way to help homeowners.

Both candidates are competing hard for Ohio's 20 electoral votes, which were pivotal in President Bush's victory in 2004.


NRA for McCain: The National Rifle Association on Thursday endorsed John McCain despite differences with the Arizona senator on gun-show rules and campaign finance restrictions. NRA Executive Vice President Wayne LaPierre said the two agree on many issues important to the group.

Originally published by From Our Press Services .

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