“I certainly don’t fault Senator McCain for these problems, but I do fault the economic philosophy he subscribes to,” Mr. Obama said in a statement. “It’s a philosophy we’ve had for the last eight years – one that says we should give more and more to those with the most and hope that prosperity trickles down to everyone else.”
He added: “This country can’t afford another four years of this failed philosophy.”
“The challenges facing our financial system today are more evidence that too many folks in Washington and on Wall Street weren’t minding the store,” Mr. Obama said. “Eight years of policies that have shredded consumer protections, loosened oversight and regulation, and encouraged outsized bonuses to CEOs while ignoring middle-class Americans have brought us to the most serious financial crisis since the Great Depression.”
Keep it on this topic, Senator Obama
