To the Point
Wall Street, Home Foreclosures and the Presidential Campaign
With a crisis on Wall Street and home foreclosures soaring, does the US economy need more government or less? Recent statements make Obama and Clinton seem far from McCain. Does the rhetoric reflect the reality? We talk with all three campaigns. Also, President Bush says Iraq has reached a "defining moment."
By Warren Olney • • 1h 0m ListenWith a crisis on Wall Street and home foreclosures soaring, does the US economy need more government or less? Recent statements make Barack Obama and Hillary Clinton seem far from John McCain. Does the rhetoric reflect the reality? We talk with all three campaigns. Also, President Bush says Iraq has reached a "defining moment."Air strikes in Basra and ground forces in Baghdad show increased US involvement.
In this episode
2 storiesAmerican Forces Drawn into Bitter Fighting in Iraq
Yesterday, President Bush said Iraq was returning to " normalcy ," but today he conceded the situation is "dangerous and fragile." He called the Maliki government's efforts to confront criminal elements a " defining moment " in Iraq.
Read the story18 minThe Presidential Candidates on the Economy
A front-page headline in today's New York Times says, " Parties Differ on Whom Economic Aid Should Help ." But the story goes on to say that when a presidential campaign coincides with both a Wall Street crisis and soaring home foreclosures, "traditional ideological battles… become blurred."
Read the story31 min