McCain Struggles To Address Economic Crisis
Fostered by his own admissions as recently as last year that
economics is not his forte, John McCain has struggled to adress the
nation's economic woes with the right tone or substance. On Monday, in
the wake of the recent Wall Street tumult, McCain repeated a phrase he
had used many times before -- that he believed the fundamentals of the
economy were “strong.” Yesterday, he backpedaled, calling the economic
situation “a total crisis” and denouncing “greed” in the financial industries. Today, he put out a new ad with the tag line: "I've taken on tougher guys than Wall Street."
Obama Looks To Capitalize On Economic Woes
Not surprisingly, Barack Obama has looked to shift the focus of the
campaign to the economy, calling for greater regulation and stronger
oversight in the financial sector after the collapse of multiple Wall
Street firms. He is also using the nation’s worsening economy to draw
distinctions between him and his Republican rival. "Let’s be clear,”
Obama said in Colorado yesterday. “What we’ve seen the last few days is
nothing less than the final verdict on an economic philosophy that has
completely failed." This morning, the Obama campaign released a two-minute ad on the economy that they plan to run in battleground states.
House Passes Bill To Expand Drilling, Fund Renewables
The House passed a package of energy initiatives yesterday,
including measures that would finance alternative energy development
and allow offshore oil drilling as close as 50 miles off the Atlantic
and Pacific coasts. The vote fell along party lines, with Republicans
rejecting the bill because it would prohibit exploration of oil
reserves closer to the coasts and in the Gulf of Mexico. In the Senate,
the legislation will compete with three alternative proposals, none of
which are likely to pass the 60 vote threshold.
State Park Closings Pushed Back Four Weeks
Due to budget cuts, more than a dozen state parks were slated to close November 1, despite uproar from local residents and outdoor enthusiasts. But yesterday, state officials announced that the closings had been put off until the end of November, citing union issues.
State Panel Rejects Pontiac Prison Closing Plan
An independent commission of state lawmakers has rejected the
Department of Correction's proposal to close Pontiac Correctional
Center to save money in next year's budget. The DOC wants to transfer
most of its 1,600 inmates to the vacant, $140 million Thomson facility
near the Iowa border by January. The final decision rests with Gov. Rod Blagojevich, who is not obligated to follow the commission's vote.
Attorney Who Defended County Now County Watchdog
By a vote of 10-3, Cook County commissioners approved the
appointment of Assistant State's Attorney Patrick Blanchard to be the
county's inspector general. But some are concerned that Blanchard --
who has previously defended the County against allegations of illegal
patronage -- will not act as an independent watchdog over county political
hiring and other illegal activity. Commissioners who supported
Blanchard said he was the best candidate selected out of nationwide search.









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