Sunday, September 21, 2008

Obama gets it wrong in blaming Republicans

Democratic presidential nominee Barack Obama was on the campaign trail today blaming Republicans for the financial mess on Wall Street while his party counterparts were on morning political TV shows preaching bipartisanism at this moment of crisis.

Worse, Obama is dead wrong historically in singling out the Republicans. The biggest blame for this mess rests with the Clinton administration and former Federal Reserve Board Chairman Alan Greenspan.

Obama's pitch to voters again demonstrates that he will say anything to get elected. And while calling the amount of the proposed federal bailout staggering, he still supports it. His rival John McCain opposes it.

The Democrat will face a populist backlash for his lack of thinking first, then speaking later. And McCain will go into Friday's debate with momentum and an issue to make Obama look as inexperienced as he is.

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