Obama's Time to Hit Hard - "They broke it. We'll fix it"

The Freddie/Fannie, Merrill Lynch and Lehman Brothers debacles may be Barack's best chance to hit McCain where it hurts. Let's list the possible avenues for an Obama/Biden offensive on the economy:

1. McCain has been avidly anti-regulation ("I am always for less regulation" - WSJ in March) and anti-oversight for 20+ years
2. McCain has supported GOP economic policy over the past eight years
3. McCain has been an influential member of the party that over eight years has taken our thriving economy and driven it into recession
4. McCain has stated countless times (see video below) that the "fundamentals of our economy are strong", and CONTINUES TO DO SO!
   
5. (But the McCain camp just released an ad saying that the economy is in crisis. Contradictory, two-faced and typical.)
   
6. Fundamentals of our economy: Unemployment highest its been in recent history; gas prices over 4$ per gallon for first time and projected to rise; soaring food prices; enormous and growing debt with China; downfall of 4 American giants (Freddie, Fannie, Lehman, Merrill), billions of borrowed dollars a month spent in Iraq and Afghanistan, etc.
   
7. McCain is on record as saying "I am not an expert on Wall St., I am not an expert on some of this stuff", as well as "I know a lot less about economics than I do about military and foreign policy issues. I still need to be educated." (I love and miss Tim Russert, may he rest in peace)
8. This week Wall St. suffered its worst losses since the days following 9/11
9. It's difficult for McCain to understand "tough times". He's insulated from them by 7 homes and his wife's millions.
   

The crisis:





McCain doesn't know much about the economy, according to him:



Barack on confronting the economic crisis: