McCain Fumbles for Right Tone on Economy

GOP candidate compares Obama to Herbert Hoover on economy

(NEWSER) - John McCain painted a dismal picture of the economy today at a rally in Virginia, comparing Barack Obama’s solutions to Herbert Hoover’s while declaring himself the right candidate to fix the mess, the Virginian-Pilot reports. McCain also raised the specter of his flailing campaign in an effort to invigorate voters, warning that Barack Obama is “measuring the drapes” at the White House. More»

Economic crisis will ruin political, financial fortunes alike

(NEWSER) - Disaster’s dead ahead for John McCain, for Barack Obama, and for the rest of us, too, writes Rosa Brooks in the Los Angeles Times. McCain is “a dead man walking,” as he’ll soon find out. The "winner" will be a President Obama with no idea "how to keep the global economic crisis from sending all the rest of us to the bottom of the sea, right along with McCain and the GOP." More»

Both turn their attention to finding solutions for housing, energy crisis

(NEWSER) - The presidential hopefuls are turning their focus to the home front—and the economy in particular—in the wake of Barack Obama's foreign trip, ABC News reports. John McCain criticized America's dependence on foreign oil yesterday while speaking in front of an oil derrick in California, while Obama hosted a forum of economic heavyweights in Washington that had the feel of a Cabinet meeting. More»

(NEWSER) - Jon Stewart’s takedown of Jim Cramer and CNBC is indicative of a real, if fleeting, sea change in our attitudes about the economy, Thomas Frank writes in the Wall Street Journal. “The applause Mr. Stewart has received for his j’accuse is the sound of the old order cracking.” But “clueless pundits often do get on top” and “stay there,” Frank writes, “despite all manner of rebukes handed down by history itself.” More»

(NEWSER) - Unlike a certain talk radio host, John McCain is rooting for Barack Obama—they just don’t agree on much. In an interview with Politico, McCain says he’s trying to work with Obama; in the past week he’s appeared with him at a press conference and consulted with Robert Gates and Joe Biden. “These are terrible, perilous times,” he said. “I don’t want him to fail.” More»