What did John McCain and Barack Obama need to accomplish in their second debate Tuesday night? Did they achieve their goals? Can McCain turn the financial crisis to his advantage? Should he have mentioned Obama’s disreputable friends or will that likely backfire? We ask Dr. Larry Sabato, Professor of Political Science at the University of Virginia.
On Wednesday, the Federal Reserve cut interest rates by half a percentage point. The move was made in concert with similar moves at national banks in several other countries. So what did this accomplish? Who is expected to benefit the most? What else can we expect from the Fed? And is this great time or a dangerous time to buy a home? We ask David John, Senior Research Fellow at the Heritage Foundation.
What happened to the Dow today? Why is President Bush confident we’ll weather this financial storm? What actions is the Federal Reserve taking to add additional financial stability? What did the CEO of AIG tell Congress today? And why is one member of Congress scolding his colleagues for avoiding the meltdowns that put lawmakers in a bad light? We give answers to all of those questions as we bring you the top stories for Tuesday, October 7, 2008.
Just how far did the stock market fall on Tuesday? What are McCain and Obama saying about the mortgage mess that started all of this…and about each other’s handling of the crisis? What did Sarah Palin say today about Barack Obama’s relationship with an unrepentant domestic terrorist? We answer all of those questions. Listen here!
We’ve all seen the media blitz by oil tycoon T. Boone Pickens as he pushes for a shift in American energy priorities – namely from oil to wind and natural gas. But what isn’t he telling us? Why could this plan mean huge government subsidies and profits for Pickens? Why is he backing away from oil? And why should landowners in the Midwest take a careful look at this proposal? We get answers from Amy Ridenour, President of The National Center for Public Policy Research.
Investors are showing no signs of easing up on their pessimism as the Wall Street sell-off constinues on Tuesday. But the government is not just watching the economy go down the tubes. Earlier today, the Federal Reserve said it would start direct lending to businesses. How significant is this move? Will we see an interest rate cut? And why are investors worldwide digging in for a major economic downturn? We ask Robert Lenzner, National Editor for Forbes magazine.
John McCain and Barack Obama will square off in the second of three presidential debate tonight on the campus of Belmont University in Nashville, Tennessee. How will the candidates be impacted by the town hall format? How will they try to use the financial crisis to show they are the best choice for president? How will the candidates and their remarks be influenced by poll numbers suggesting momentum for Obama? We ask all those questions to Christina Bellantoni, National Political Reporter for The Washington Times.
The Dow suffers a massive sell-off before recovering a bit before the close…Congress starts investigating the Wall Street mess…and Obama’s connections with a former terrorist and McCain’s Keating Five days are front and center on the campaign trail. We cover all three of these major stories as we bring you the biggest headlines from Monday, October, 6, 2008.
Over the past few days, both campaigns have gotten more personal in their criticisms of the opposing ticket. The McCain campaigning is blasting Barack Obama for his connections with unrepentant 1960s terrorist Bill Ayers. In response, the Obama team is highlighting McCain’s involvement in the Keating Five scandal from a generation ago. Why are we seeing this now? Are these legitimate topics? Are these good strategies? And what impact will this have on Election Day? We ask longtime Democratic activist Michael Lewan, former Chief of Staff for Connecticut Sen. Joe Lieberman.
Most eyes are on the presidential campaign, but what do the Congressional races look like? Will Democrats hold their majorities or do Republicans have a shot? Which seats do GOP officials think they can win back? Which issues do they see as winners? And how will Republicans overcome the mountain on retirements among House members? We ask all these questions to Ken Spain, spokesman for the National Republican Congressional Committee.
