Tuesday, October 21, 2008

Debate #3 Reflection



“I think everybody understands at this point that we are experiencing the worst financial crisis since the Great Depression. And the financial rescue plan that Senator McCain and I supported is an important first step. And I pushed for some core principles: making sure that taxpayer can get their money back if they're putting money up. Making sure that CEOs are not enriching themselves through this process.“ –Barrack Obama

I think this part in the transcript describes our discussions about our financial crisis we are in on Wall Street. In class one of our assignments we had to write about in our blog was advice to the federal government for Wall Street. I had said that the government should give them loans and then when they get it back together and things are back to normal, they can pay it back. That’s what sort of took place with the bail out plan.

The media is all about the polls, who’s winning, and little comments from the candidates. In this article I read, it talks about how John McCain says in the debate number 3 “I love being the underdog”. He also said according to CNN, “You know, every time that I've gotten ahead, somehow I've messed it up." This goes to show that the media picks out the littlest things either one of the candidates says so they can try and draw the line between who’s winning, and truly wants it, and who doesn’t.

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