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Obama blames Wall St. crisis on Republican policy

Discussion in 'Political Debate & Discussion' started by I Am Blessed 24, Sep 15, 2008.

  1. I Am Blessed 24

    I Am Blessed 24 Active Member

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    By TERENCE HUNT
    2 hours, 42 minutes ago

    CHICAGO - Democratic presidential nominee Barack Obama said Monday the upheaval on Wall Street was "the most serious financial crisis since the Great Depression" and blamed it on policies that he said Republican rival John McCain supports.

    "This country can't afford another four years of this failed philosophy," Obama said after the shock-wave announcements that financial giant Lehman Brothers was filing for Chapter 11 bankruptcy while titan Merrill Lynch was being bought by Bank of America for about $50 billion.

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