Post number 100!
THE FIELD
Democrats' primary battle takes toll, but long view looks rosy
Clinton's positive rating has dropped, while Obama's image as a uniter has taken a hit.
By Linda Feldmann
Science Monitor
March 28, 2008
In the short run, the Democratic Party is paying a high price for its fiercely contested presidential nomination race. Instead of taking aim at presumptive Republican nominee John McCain, Democrats Hillary Rodham Clinton and Barack Obama have trained their sights mostly on each other. Calls for Senator Clinton to drop out of the race have sown resentment among her supporters, while Senator Obama still faces questions over his affiliation with a preacher now famous for incendiary remarks…
Democrats Obama, Clinton campaign on economy
By Johanna Neuman and Noam N. Levey
Los Angeles Times
March 27, 2008
WASHINGTON — Democratic candidate Barack Obama, speaking to a Wall Street audience at the historic Cooper Union for Advancement of Science and Art in New York, called for reform of the nation's regulatory system, immediate relief for homeowners caught in the sub-prime mortgage crisis and a $30-billion stimulus package to boost the economy. "If we can extend a hand to banks on Wall Street, we can extend a hand to Americans who are struggling through no fault of their own," he said…
CLINTON
Clinton Details Premium Cap in Health Plan
By Kevin Sack
New York Times
March 28, 2008
Hillary Rodham Clinton said she would like to limit the cost of health insurance to no more than 10 percent of Americans’ income…
OBAMA
Obama Backs Tougher Regulation
Tax Rise Proposed On Capital Gains; More Fed Oversight
By Amy Chozick and Damian Paletta
Wall Street Journal
March 28, 2008
Sen. Barack Obama, in a wide-ranging speech on the economy, proposed broadening government regulation of financial markets and expanding the power of the Federal Reserve to oversee investment banks in certain cases. The economic plan marks a more aggressive stance by Sen. Obama, who has been less willing to embrace active federal intervention in the housing and credit markets than has Sen. Hillary Clinton, his rival for the Democratic nomination for president…
Obama Casts Wide Blame for Financial Crisis and Proposes Homeowner Aid
By Michael Powell and Jeff Zeleny
New York Times
March 28, 2008
Barack Obama called for tighter regulation of lenders as he spoke of pumping $30 billion into the economy to shield homeowners…
Obama Rewriting Rules for Raising Campaign Money Online
By Matthew Mosk
Washington Post
March 28, 2008
When Christen Braun decided it was time to learn more about the presidential candidates, the 28-year-old high school teacher from suburban Pittsburgh turned to Google -- right where Sen. Barack Obama's campaign was waiting for her. Her search triggered an ad for Obama's Web site, which prompted Braun, a Republican, to sign up for the Democratic senator's e-mail list -- and then to make her first political contribution, for $25…
Did Obama's pastor preach hate?
By Jane Lampman
Christian Science Monitor
March 28, 2008
They're the campaign issue that refuses to fade away. The words of the Rev. Jeremiah Wright Jr., Barack Obama's longtime pastor, continue to fuel controversy, in part because the contest for the Democratic presidential nomination is so close this year, in part because the words themselves pose a stark question about America's cross-racial discourse: When does speaking out against injustices cross into hate speech?
USA Today
March 28, 2008
In what his campaign billed as a major speech on the economy, Sen. Barack Obama called Thursday for an overhaul of government regulation of the financial markets and an additional $30 billion in economic stimulus spending. "The American economy does not stand still, and neither should the rules that govern it," Obama said in a speech in New York. "Old institutions cannot adequately oversee new practices. Old rules may not fit the roads where our economy is leading."
<><>REPUBLICANS<><><><><><><><><><><><><><><><><>
McCAIN
Washington Post
March 28, 2008
It remains to be seen whether John McCain will put ex-rival Mitt Romney's financial know-how to use by picking him as his running mate. But yesterday, McCain did the most to milk another of Romney's primary attributes -- his access to deep pockets in Rocky Mountain country…
McCain to embark on 'biography tour'
By David Jackson
USA Today
March 28, 2008
WASHINGTON — John McCain became a public figure as a Vietnam prisoner of war. He has been in Congress for a quarter-century and ran a well-covered presidential race in 2000. He has co-authored five books. But his campaign still wants to make sure people know who he is. The Republican presidential nominee-in-waiting begins a "biography tour" next week, visiting schools and military installations "that have played a significant role in shaping who I am today," as McCain put it in a fundraising letter…
<><> PRIMARY CONTESTS<><><><><><><><><><><><><><>
NORTH CAROLINA
North Carolina Can Change Race Dynamic
By Nick Timiraos
Wall Street Journal
March 28, 2008
RALEIGH, N.C. -- Sens. Barack Obama and Hillary Clinton are digging in for a month-long fight in advance of the Pennsylvania Democratic primary, but it could be North Carolina that emerges as the more important battleground. A win in North Carolina isn't likely to push Sen. Clinton past Sen. Obama in the delegate race for the Democratic presidential nomination, but if she scores an upset, she could grab attention of superdelegates, the officials and party leaders who can vote for whomever they choose and may be the deciding factor this year…
<><>RACE TO THE WHITE HOUSE<><><><><><><><><><><>
Who Gets Most in Donations? It Depends on the Spin
By Christopher Cooper
Wall Street Journal
March 28, 2008
Barack Obama was still plowing through his economic speech Thursday in New York when Hillary Clinton's campaign sent an email to reporters, accusing her rival of taking more campaign cash from the main players in the subprime mortgage industry than the other two presidential candidates. However, several measures suggest Sen. Clinton received more from major subprime companies than Sen. Obama and probable Republican nominee John McCain…
By Edmund L. Andrews
New York Times
March 28, 2008
The presidential candidates’ ideological clashes are less about whether the government should intervene in the economy, and more about whom it should try to rescue…
Democrats Knock McCain's Economic Views
By Perry Bacon Jr. and Dan Balz
Washington Post
March 28, 2008
Sens. Barack Obama and Hillary Rodham Clinton yesterday sharply criticized presumptive Republican presidential nominee John McCain's views on the housing crisis, illustrating a wide gap between the two parties on how to fix the ailing economy. Sen. McCain and the Democrats long have sparred over U.S. policy toward Iraq, but the collapse of the subprime lending market and subsequent softening in other sectors of the economy have opened a second front in the competition among the presidential rivals…
As Candidates Warm to Bush Tax Cuts, Economists Warn of Long-Term Effect
By Lori Montgomery
Washington Post
March 28, 2008
When President Bush pushed big tax breaks through Congress in 2001 and 2003, Sen. John McCain (R-Ariz.) joined Sen. Hillary Rodham Clinton (D-N.Y.) and other Democrats in opposing them as fiscally reckless. But now that McCain and Clinton are running for president, neither is looking to get rid of the cuts. Instead, they are arguing over which ones to keep. The same is true of Clinton's rival for the Democratic nomination, Sen. Barack Obama (Ill.), who recently blamed the Bush tax cuts for driving the nation toward recession. But he, too, wants to preserve about half the cuts, and pile on new ones…
<><>WAR/TERROR<><><><><>><><><><><><><><><><><><>
Bush Calls Economic Gains Made by Iraq a Touchstone
By John D. McKinnon
Wall Street Journal
March 28, 2008
President Bush, in his last Iraq speech before congressional hearings next month, touted the country's recent economic gains as a hopeful sign, despite an uptick in violence tied to oil production. The president again suggested the U.S. might pause its troop withdrawal by midsummer to make sure that progress doesn't prove temporary -- a point underscored by intensified violence in and around the port of Basra and missile attacks on Baghdad's fortified Green Zone. U.S. Ambassador Ryan Crocker and Gen. David Petraeus will make recommendations to Mr. Bush and testify before Congress in early April…
Militias Resist Iraqi Forces in Fight for Basra
By James Glanz and Steven Lee Myers
New York Times
March 28, 2008
American-trained Iraqi security forces failed for a third straight day to oust Shiite militias in Basra, even as President Bush hailed the operation as a sign of the growing strength of Iraq’s government…
<><>CONGRESS<><><><><>><><><><><><><><><><><><><>
Quick Housing Deal Isn't Likely
Divergent Views On Resolving Crisis Keep Parties Apart
By Sarah Lueck
Wall Street Journal
March 28, 2008
WASHINGTON -- The last time Congress returned from a long break to confront economic problems, Democrats and Republicans quickly passed a $152 billion stimulus package. Next week, as lawmakers come back to work amid new problems in the housing market, there will be little chance of such a quick resolution…
Congress looking for broader fixes for U.S. economy
By Gail Russell Chaddock
Christian Science Monitor
March 28, 2008
Spurred by the mortgage crisis and stress in US financial markets, Congress is ramping up to have its own say in how to revive the economy, even as the Bush administration warns against congressional overreach. Fixes in the works on Capitol Hill range from new bankruptcy rules to help homeowners facing foreclosure – including allowing courts to rewrite the terms of a mortgage – to an overhaul of how Washington regulates the financial sector…
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