Current Event #2

This week, I came across this article on Washingtonpost.com titled "McCain attacks Obama over bailout failure" written by John Whitesides. Basically, this article talks about how John McCain accused Barack Obama of sinking a $700 billion rescue plan for Wall Street, but Democrats feel that this attack is a deflection of the attention that was drawn to his own mistakes. Obama feels that there can still be an agreement even though Congress rejected the bailout. A majority of the House Democrats supported the plan while a majority of the House Republicans opposed it. The House voted 228 to 205 against the plan with 133 House Republicans and 95 House Republicans against it. McCain's adviser said that Obama failed to lead, phoned it in, attacked John McCain and refused to say if he supported the final bill. He also said that the bill failed because Obama put politics ahead of country. Last week, McCain said that he would put his campaign on hold to help create a deal and threatened not to participate in the upcoming debate on Friday. He was in Washington for the weekend making calls to participants in the negotiations but never traveled to Capitol Hill. Obama claims that Democrats and Republicans need to join together to come up with a rescue package to stop some of the immediate problems. I think that this dispute over the rescue plan between Obama and McCain is pointless. Obama is trying to help out the faltering economy and McCain is just trying to point out all of his mistakes. I agree with Obama when he said that Democrats and Republicans need to join together and come up with a solution together to help the economy. That is the best thing to do right now, rather than wasting time blaming each other for mistakes.