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20081006
John
McCain - Poor
- Families
- Seniors
- Federal
- Health
- Politics
- Arizona
- 2008
Election
"McCain
Plans Federal Health Cuts: Medicare, Medicaid Spending
Would Be Reduced to Offset Proposed Tax Credit." ... "[Republican Presidential
Candidate] John McCain would pay for his health plan with major reductions
to Medicare and Medicaid, a top aide said, in a move that independent analysts
estimate could result in cuts of $1.3 trillion over 10 years to the government
programs." ... "The Republican presidential nominee has said little about
the proposed cuts, but they are needed to keep his health-care plan "budget
neutral," as he has promised. The McCain campaign hasn't given a specific
figure for the cuts, but didn't dispute the analysts' estimate." ... "In
the months since Sen. McCain introduced his health plan, statements made
by his campaign have implied that the new tax credits he is proposing to
help Americans buy health insurance would be paid for with other tax increases."
... "But Douglas Holtz-Eakin, Sen. McCain's senior policy adviser, said
Sunday that the campaign has always planned to fund the tax credits, in
part, with savings from Medicare and Medicaid. Those government health-care
programs serve seniors, poor families and the disabled." ... "In April,
when [Arizona Senator] Sen. McCain gave a major speech about his health
plan, Mr. Holtz-Eakin, the senior policy adviser, said the tax provisions
alone were budget neutral -- meaning that health benefits would have to
be subject to both income and payroll taxes." -By
Laura Meckler -WSJ.com
20080929
Giuliani
- Paulson
- Corporate
- Government
- Law
- Politics
- History
"The
Rich Are Staging a Coup This Morning ...a message from Michael Moore."
... "The biggest robbery in the history of this country is taking place
as you read this. Though no guns are being used, 300 million hostages are
being taken. Make no mistake about it: After stealing a half trillion dollars
to line the pockets of their war-profiteering backers for the past five
years, after lining the pockets of their fellow oilmen to the tune of over
a hundred billion dollars in just the last two years, [Republican President]
Bush and his cronies -- who must soon vacate the White House -- are looting
the U.S. [United States] Treasury of every dollar they can grab. They are
swiping as much of the silverware as they can on their way out the door."
... "No matter what they say, no matter how many scare words they use,
they are up to their old tricks of creating fear and confusion in order
to make and keep themselves and the upper one percent filthy rich. Just
read the first four paragraphs of the lead
story in last Monday's New York Times and you can see what the
real deal is:"
""Even as policy makers worked on details of a $700 billion bailout of
the financial industry, Wall Street began looking for ways to profit from
it."
""Financial firms were lobbying to have all manner of troubled investments
covered, not just those related to mortgages."
""At the same time, investment firms were jockeying to oversee all the
assets that Treasury plans to take off the books of financial institutions,
a role that could earn them hundreds of millions of dollars a year in fees."
""Nobody wants to be left out of Treasury's proposal to buy up bad assets
of financial institutions.""
"Unbelievable.
Wall Street and its backers created this mess and now they are going to
clean up like bandits. Even [Republican] Rudy Giuliani is lobbying for
his firm to be hired
(and paid) to "consult" in the bailout." ... "The problem is, nobody
truly knows what this "collapse" is all about. Even [Republican President
Bush's] Treasury Secretary [Henry] Paulson admitted he doesn't know the
exact amount that is needed (he just picked the $700 billion number out
of his head!). The head of the congressional budget office said he can't
figure it out nor can he explain it to anyone. " -By
Michael
Moore
20080925
John
McCain - Barack
Obama - Financial
- Law
- Veterans
- Housing
- Energy
- 2008
Election - US
- Iran
"McCain
has not sponsored a banking bill this Congress."
... "[2008 Election] Republican presidential nominee John McCain has not
introduced any banking or housing bills in the 110th Congress, while [2008
Election Presidential] Democratic rival Barack Obama has proposed five."
... "Obama’s legislation calls for bolstering housing assistance for veterans,
amending the Securities and Exchange Act of 1934 to provide shareholders
with an advisory vote on executive compensation, halting mortgage transactions
that promote fraud, authorizing local and state governments to crack down
on companies that invest in Iran's energy sector and authorizing a pilot
program to prevent at-risk veterans from becoming homeless." -By
Bob Cusack -TheHill.com
Financial
- Crisis
- Politics
- Government
"Bailout
Could Deepen Crisis, CBO Chief Says: Asset Sales
May Lead to Write-Downs, Insolvencies, Orszag Tells Congress." ... "The
director of the Congressional Budget Office said yesterday that the proposed
Wall Street bailout could actually worsen the current financial crisis."
... "During testimony before the House Budget Committee, Peter R. Orszag
-- Congress's top bookkeeper --said the bailout could expose the way companies
are stowing toxic assets on their books, leading to greater problems."
... ""Ironically, the intervention could even trigger additional failures
of large institutions, because some institutions may be carrying troubled
assets on their books at inflated values," Orszag said in his testimony.
"Establishing clearer prices might reveal those institutions to be insolvent.""
... "In an interview later yesterday, Orszag explained using the following
example: Suppose a company has Asset X, whose value is recorded on the
books as $100. Because of the current economic decline, Asset X's real
value has dropped to $50. If the company takes part in the government bailout
and sells Asset X for $50, the company has to report a $50 loss on its
books. On a scale of millions of dollars, such write-downs could ruin a
company." ... "Such companies "look solvent today only because it's kind
of hidden," Orszag said. "They actually are insolvent" already, he said."
(1, 2)
-By Frank Ahrens -WashingtonPost
US- Germany
- Global
- Financial
- Crisis
- Politics
"Era
of U.S. financial dominance at an end: Germany."
... "Germany blamed the United States on Thursday for spawning the global
financial crisis with a blind drive for higher profits and said it must
now accept more market regulation and a loss of its financial superpower
status." ... "In some of the harshest criticism of the United States since
the crisis threw Wall Street banks into financial disarray this month,
German Finance Minister Peer Steinbrueck said the turmoil would leave "deep
marks" on both sides of the Atlantic, but called it primarily an American
problem." ... ""The world will never be as it was before the crisis," Steinbrueck
told the Bundestag lower house of parliament." ... ""The United States
will lose its superpower status in the world financial system. The world
financial system will become more multi-polar," he said." ... "The crisis
has put the [Republican President] Bush White House, which has long advocated
a hands-off approach to markets, on the defensive and forced it to rethink
its financial policy." -By Noah Barkin and Kerstin
Gehmlich -Reuters
via -Yahoo
Jobs
- History
- Weather
- Disasters
- Louisiana
- Texas
"Jobless
claims soar near 7-year high: First economic report
since financial meltdown shows initial unemployment claims rose by 7%,
boosted by Hurricanes Gustav and Ike." ... "According to a study by the
Department of Labor, initial filings for state jobless benefits increased
by a seasonally adjusted 32,000 to 493,000 in the third week of September.
It was the highest number of weekly claims since Sept. 29, 2001, when unemployment
soared in the wake of the Sept. 11 terrorist attacks." ... "The Labor Department
said about 50,000 of the new claims were due to the effects of Hurricanes
Gustav and Ike. There were 18,400 more claims from the week before in Louisiana
alone, and Texas added 1,200." ... "Earlier this month, the government
reported that there were 84,000 jobs lost in August, bringing to 605,000
the number of jobs cut from payrolls by U.S. employers in the first eight
months of the year." ... "The unemployment rate surged to 6.1% last month,
a nearly five-year high and up from 5.7% in July. In the last recession,
unemployment reached a high of 6.3%." -By David Goldman
-CNN
20080924
John
McCain - Financial
- Disaster
- Politics
- Government
- Massachusetts
- Arizona
- 2008
Election
"Democrats
claim Wall St. bailout breakthrough." ... "Democratic
[Massachusetts Representative] Rep. Barney Frank said on Wednesday Democrats
had reached an agreement to stem one of the worst U.S. financial disasters
in decades, and that there would be enough votes to pass the measure and
send it to [Republican] President George W. Bush to sign into law." ...
"Frank took a dig at [2008 Election] Republican presidential nominee John
McCain, who interrupted his campaign to return to Washington on Thursday
to help work on a Wall Street bailout." ... ""All of sudden, now that we
are on the verge of making a deal, John McCain here drops himself in to
help us make a deal, Frank said." ... "He expressed fear that McCain, a
U.S. [United States] senator from Arizona who has spent much of the year
away from the Capitol campaigning, could end up slowing down work on the
bill." ... "The Massachusetts Democrat noted that a meeting on Capitol
Hill on Thursday will be interrupted for a "photo op" at the White House
with congressional Democrats and Republicans as well as Bush." ... ""We're
trying to rescue the economy, not the McCain campaign," Frank said." ...
"Democrats blamed the crisis largely on the failure of Bush to adequately
regulate the financial industry." (1, 2,
3)
-By Richard Cowan and Thomas Ferraro with contributions
by Doina Chiacu -Reuters
John
McCain - Rick
Davis - Corporate
- Politics
- Federal
- Housing
- Va
- Law
- 2008
Election
"Unsevered
Ties? Regulatory filings indicate that [2008 Election
Republican Presidential Candidate John] McCain campaign chief Rick Davis
remains an officer with his lobbying firm." ... "Rick Davis, John McCain's
campaign manager, has remained the treasurer and a corporate director of
his lobbying firm this year, despite repeated statements by campaign officials
that he had ended his relationship with the firm in 2006, according to
corporate records." ... "The McCain campaign this week criticized news
stories disclosing that, since 2006, Davis's firm has been paid a $15,000-a-month
consulting fee from Freddie Mac, the troubled [housing] mortgage giant
recently put under federal conservatorship. The stories, published Tuesday
by
NEWSWEEK, The New York Times and Roll Call, reported that the consulting
fees continued until last month even though, according to two sources familiar
with the arrangement, neither Davis nor anybody else at his firm did any
substantial work for the payments." ... "Filings made by "Davis Manafort
Partners" with the Virginia Corporation Commission as recently as April
1, 2008, show that Davis was still listed as one of only two corporate
officers and directors of the firm, according to records on the
commission’s Web site [PDF] reviewed by NEWSWEEK. That filing records
Davis as the "treas/clerk" of the firm; his business partner, Paul Manafort
is listed as the president and chief executive officer." ... "Another filing
by “Davis Manafort, Inc.” [PDF] (with the same Alexandria, Va. [Virginia]
address, and recorded on Oct. 17, 2007) also lists Davis as an officer
and director of the firm, reporting his position as "T/Clerk," a reference
to his formal title as corporate treasurer and clerk." ... "Both filings
are annual reports of basic corporate information that are required by
Virginia state law." -By Michael Isikoff
-Newsweek
Sarah
Palin - John
McCain - Financial
- Crisis
- Politics
- Government
- Law
- Alaska
- 2008
Election
"Palin:
US could face another Great Depression." ... "[2008
Election] Republican vice presidential candidate Sarah Palin said Wednesday
that the United States could be headed for another Great Depression if
Congress doesn't act on the financial crisis." ... "Asked whether there's
a risk of another Great Depression if Congress doesn't approve a $700 billion
bailout package, Palin said, "Unfortunately, that is the road that America
may find itself on."" ... "Couric pressed Palin on examples of how McCain,
a 26-year congressional veteran, had led the charge for more oversight."
... "The Alaska governor cited [2008 Election Republican Presidential Candidate
John] McCain's warnings about Fannie Mae and Freddie Mac two years ago
as well as image as a maverick. Questioned again for examples, and reminded
that McCain had been chairman of the Commerce Committee, Palin said, "I'll
try to find you some and I'll bring them to you."" ... "McCain has insisted
Palin is ready to take over as president, but he made no mention of including
her in the meetings he wants in Washington to deal with the financial crisis."
-By Sara Kugler -AP
via -Yahoo
John
McCain -
- Politics
- Money
- 2008
Election
"EXCLUSIVE:
John McCain Uses Idol Makeup Artist!" ...
"The 72-year-old [2008 Election Republican Presidential Candidate John
McCain] was recently made TV-ready by makeup artist Tifanie White who's
worked on So You Think You Can Dance and American Idol."
... "McCain paid the 2002 beauty-school grad $5,583.43 for her services,
according to the Federal Election Commission."
-UsMagazine.com
20080923
John
McCain - Rick
Davis - Corporate
- Politics
- Federal
- Housing
- Wisconsin
- 2008
Election
"McCain
Transition Head Lobbied for Freddie Mac Before Takeover."
... "The lobbying firm of the man Republicans say [2008 Election Republican
Presidential Candidate] John McCain has chosen to begin planning a presidential
transition earned more than a quarter of a million dollars this year representing
Freddie
Mac, one of the companies McCain blames for the nation's financial
crisis." ... "Timmons & Co., whose founder and chairman emeritus is
William Timmons Sr., was registered to lobby for Freddie Mac from 2000
through this month, when the federal government took over both Freddie
Mac and Fannie
Mae." ... "Newly available congressional records show Timmons's
firm received $260,000 this year before its lobbying activities were barred
under terms of the government rescue of the failed [housing] mortgage giant.
Timmons, 77, is listed as a lobbyist for Freddie Mac on the company's midyear
financial-disclosure form." ... "McCain has labeled Freddie Mac and Fannie
Mae as prime culprits in creating the financial storm that has roiled Wall
Street and Washington." ... "``At the center of the problem were the lobbyists,
politicians, and bureaucrats who succeeded in persuading Congress and the
administration to ignore the festering problems at Fannie Mae and Freddie
Mac,'' he said last week in Green Bay, Wisconsin." ... "``Using money and
influence, they prevented reforms that would have curbed their power and
limited their ability to damage our economy,'' he said. ``And now, as ever,
the American taxpayers are left to pay the price for Washington's failure.''"
... "The McCain camp was also dealing with reports about the lobbying work
of campaign manager Rick Davis." ... "The New York Times reported yesterday
that Davis was paid almost $2 million in fees over five years by a group
primarily funded by Freddie Mac and Fannie Mae that was intended to help
stave off more stringent federal regulation of the housing companies. "
-By Jonathan D. Salant and Timothy J. Burger
-Bloomberg
Henry
Paulson
- Financial
- Crisis
- Politics
- Legislation
"Bad
News For The Bailout: The [Republican President Bush
Treasury Secretary Henry] Paulson Plan." ... "At a Senate Banking Committee
hearing Tuesday, lawmakers on both sides of the aisle complained of being
rushed to pass legislation or else risk financial meltdown." ... "In fact,
some of the most basic details, including the $700 billion figure Treasury
would use to buy up bad debt, are fuzzy." ... ""It's not based on any particular
data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted
to choose a really large number."" -By Brian Wingfield
and Josh Zumbrun with contributions by Liz Moyer
-Forbes
Dick
Cheney - Henry
Paulson
- Corporate
- Government
- Lawmakers
- Politics
"White
House Dispatches Team to Push Economic Bill." ...
"The White House today is drumming up extraordinary pressure on Congress
to approve its plan to enact a $700 billion mortgage bailout fund, suggesting
the markets cannot wait much longer and dispatching Vice President Cheney
and other top officials up Pennsylvania Avenue to jawbone lawmakers." ...
"Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke,
who collaborated in drawing up the proposal, are testifying this morning
on Capitol Hill in an effort to defend their handiwork." ... "[Republican
President Bush's Deputy Press Secretary Tony] Fratto insisted that the
plan was not slapped together and had been drawn up as a contingency over
previous months and weeks by administration officials. He acknowledged
lawmakers were getting only days to peruse it, but he said this should
be enough." -By Keith Koffler
-RollCall.com
US
- Iraq
- Investigators
- Reconstruction
- Accounting
- Politics
"$13
Billion in Iraq Aid Wasted Or Stolen, Ex-Investigator Says."
... "A former Iraqi official estimated yesterday that more than $13 billion
meant for reconstruction projects in Iraq was wasted or stolen through
elaborate fraud schemes." ... "Salam Adhoob, a former chief investigator
for Iraq's Commission on Public Integrity, told the Senate Democratic Policy
Committee, an arm of the Democratic caucus, that an Iraqi auditing bureau
"could not properly account for" the money." ... "While many of the projects
audited "were not needed -- and many were never built," he said, "this
very real fact remains: Billions of American dollars that paid for these
projects are now gone."" ... "He said a report that went to Iraqi Prime
Minister Nouri al-Maliki and other top Iraqi officials was never published
because "nobody cares" about investigating such cases. Many investigators,
he said, feared for their safety because 32 of his co-workers have been
murdered. " -By Dana Hedgpeth with contributions by
Julie Tate -WashingtonPost
Henry
Paulson
- Corporate
- Government
- Legislative
- Politics
"Good
ideas and lies." ... "So, this morning [Republican
President Bush's Treasury Secretary] Hank Paulson told
a whopper:"
[Hank
Paulson:] "We gave you a simple, three-page legislative outline and I thought
it would have been presumptuous for us on that outline to come up with
an oversight mechanism. That’s the role of Congress, that’s something we’re
going to work on together. So if any of you felt that I didn’t believe
that we needed oversight: I believe we need oversight. We need oversight."
"What
the proposal actually
did, of course, was explicitly rule out any oversight, plus grant immunity
from future review:"
"Sec.
8. Review."
"Decisions
by the Secretary pursuant to the authority of this Act are non-reviewable
and committed to agency discretion, and may not be reviewed by any court
of law or any administrative agency."
"I’m
not playing gotcha here. This is telling: if Paulson can’t be honest about
what he himself sent to Congress — if he not only made an incredible power
grab, but is now engaged in black-is-white claims that he didn’t — there
is no reason to trust him on anything related to his bailout plan." -By
Paul
Krugman/Blog
-NYTimes
Housing
- Consumer
- People
- Working
- Families
"Millions
spend half of income on housing." ... "[Al] Ray is
one of more than 7.5 million people — almost 15 percent of American homeowners
with a mortgage — who are spending half of their income or more on housing
costs, according to 2007 data released Tuesday by the U.S. Census Bureau.
That is up from nearly 7.1 million the year before." ... "Traditionally,
the government and most lenders consider a homeowner spending 30 percent
or more of their income on housing costs to be financially burdened. But
that definition now covers almost 38 percent of American homeowners with
a mortgage — 19 million of them." ... "Though home prices have fallen this
year, in the most expensive markets where home prices tripled during the
boom, many working families still cannot afford to buy a home." ... "More
than 4 million homeowners were at least one month behind on their loans
at the end of June, and almost 500,000 had started the foreclosure process,
according to the Mortgage Bankers Association." -By
Adrian Sainz and Alan Zibel with contributions by Allen Chen
-AP via -Yahoo
20080921
John
McCain - Corporate
- Government
- Disaster
- Politics
- US_Debt
- Healthcare
- Social
Security - Rights
- Book
- 2008
Election
"Naomi
Klein: Financial crisis part of Bush 'shock doctrine'."
... "The bailout of Wall Street’s largest players by the federal government
is another example of the [Republican President] Bush administration pursuing
a corporate agenda at the expense of average Americans, a prominent author
argued on Friday." ... "In a Friday night interview on HBO's Real Time
with Bill Maher, Naomi Klein said President Bush’s $700
billion proposal to rescue the financial sector stems from a profiteering
streak that has dominated the last eight years." ... ""The disaster is
far from over," Klein said. "The disaster was on Wall Street and they have
moved the disaster to Main Street."" ... "Referring to the bailout, Klein
said the "bomb has yet to detonate" and that the real crisis will strike
when tax payers are overwhelmed when faced with the debt from the bailouts."
... "According to Klein, the bomb will detonate if
Sen. John McCain becomes president and "rationalizes" that it is necessary
to privatize government programs like social security and healthcare because
neither the government nor Americans can afford them." ... ""The real disaster
has yet to come; the real disaster is the debt that is going to explode
on American tax payers," Klein said." ... "Klein’s book, "The Shock Doctrine:
The Rise of Disaster Capitalism," outlines how crises, real or perceived,
have been used by governments, especially the United States under George
W. Bush, to strong-arm
a disoriented citizenry into accepting changes to its rights, and its
government, that it wouldn't otherwise accept." -By
David Edwards and Andrew McLemore -RawStory.com
WATCH:
Naomi Klein on Republican Bush's "Shock Doctrine"
Henry
Paulson
- Government
- Politics
- US
- Foreign
"Foreign
Banks Can Unload Bad Debt Too: Paulson." ... "[Republican
President Bush's] Treasury Secretary Henry Paulson said Sunday that foreign
banks will be able to unload bad financial assets under a $700 billion
U.S. proposal aimed at restoring order during a devastating financial crisis."
... ""Yes, and they should. Because ... if a financial institution has
business operations in the United States, hires people in the United States,
if they are clogged with illiquid assets, they have the same impact on
the American people as any other institution," Paulson said on ABC TV."
-CNBC
John
McCain - Barack
Obama - Health-Care
- Economy
- Parents
- Social
Security - Journal
- Fla
- 2008
Election
"McCain
Health-Care Article Fuels New Clash Over Economy."
... "An article [by McCain] about health care published in an obscure journal
led to a new skirmish Saturday between the campaigns of [2008 Election
Presidential Candidates] Democrat Barack Obama and Republican John McCain
over who should be trusted with the ailing economy." ... "The article was
published in Contingencies magazine, which is produced under the auspices
of the American Academy of Actuaries. In it, McCain touted his plans for
increasing competition in health care as one way to expand coverage and
reduce costs." ... "McCain wrote, "Opening up the health insurance market
to more vigorous nationwide competition, as we have done over the last
decade in banking, would provide more choices of innovative products less
burdened by the worst excesses of state-based regulation."" ... "Obama,
appearing at Bethune-Cookman University in Daytona Beach, Fla. [Florida],
mocked his rival for sounding out of touch at a time when Washington is
moving rapidly to re-regulate the financial industry to curb the excesses
that put the system into near-paralysis in the past week." ... ""So let
me get this straight -- he wants to run health care like they've been running
Wall Street," Obama told the audience. "Well, Senator, I know some folks
on Main Street who aren't going to think that's such a good idea."" ...
"With millions of Americans worrying about their retirement security as
federal officials rushed to stabilize the shaky financial system, Obama
also seized on McCain's support for partial privatization of Social Security.
He said McCain was prepared to gamble with people's life savings." ...
""If my opponent had his way, the millions of Floridians who rely on it
would've had their Social Security tied up in the stock market this week,"
he said. "Millions would've watched as the market tumbled and their nest
egg disappeared before their eyes. Millions of families would've been scrambling
to figure out how to give their mothers and fathers, their grandmothers
and grandfathers, the secure retirement that every American deserves.""
(1, 2)
-By Dan Balz -WashingtonPost
Sarah
Palin - Crime
- Women
- Medical
- DNA
- Law
- Politics
- Alaska
- 2008
Election
"Palin's
town charged women for rape exams." ... "[2008 Election
Republican Vice Presidential Candidate and Governor of] Alaska Gov. Sarah
Palin's hometown required women to pay for their own rape examinations
while she was mayor, a practice her police chief fought to keep as late
as 2000." ... "Former state [Alaska State Democratic Representative] Rep.
Eric Croft, a Democrat, sponsored a state law requiring cities to provide
the examinations free of charge to victims. He said the only ongoing resistance
he met was from Wasilla [Alaska], where Palin was mayor from 1996 to 2002."
... ""It was one of those things everyone could agree on except Wasilla,"
Croft told CNN. "We couldn't convince the chief of police to stop charging
them."" ... "Alaska's Legislature in 2000 banned the practice of charging
women for rape exam kits -- which experts said could cost up to $1,000."
... "For years, Alaska has had the worst record of any state in rape and
in murder of women by men. The rape rate in Alaska is 2.5 times the national
average." ... "The bill, HB270, was before the legislature for six months.
In testimony, one expert called the practice of billing the victim "incomprehensible."
Others compared it to "dust[ing] for fingerprints" after a burglary, only
"the victim's body is the crime scene."" ... "During a rape exam, the victim
removes her clothing and a medical professional gathers DNA evidence from
her body. There is also a medical component to assess her injuries." ...
"[Tara] Henry, the forensic nurse, said charging victims "retraumatizes
them."" ... ""Asking them to pay for something law enforcement needs in
order to investigate their case, it's almost like blaming them for getting
sexually assaulted," she said." -By Jessica Yellin
-CNN
20080920
John
McCain - Cindy
McCain - Barack
Obama - Auto
- Workers
- Homes
- Michigan
- 2008
Election
"All
the Candidates’ Cars." ... "When you have seven homes
[McCain], that's a lot of garages to fill. " ... "And based on public vehicle-registration
records, here's the score. John and Cindy McCain: 13. Barack and Michelle
Obama: one." ... "One vehicle in the McCain fleet has caused a small flap.
United Auto Workers president Ron Gettelfinger, an Obama backer, accused
McCain this month of "flip-flopping" on who bought daughter Meghan's foreign-made
Toyota Prius. McCain said last year that he bought it, but then told a
Detroit [Michigan] TV station on [September] Sept. 7 that Meghan "bought
it, I believe, herself." (The McCain campaign did not respond to multiple
requests for comment.)" ... "Obama's lone vehicle also is a green machine,
a 2008 Ford Escape hybrid." -By Keith Naughton and
Hilary Shenfeld -Newsweek
~~~~~~~~~~~~~~~~~~~~~
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