Townies Unite!

9:05-First question-economic crisis? Obama starts by reestablishing his stance on new regulations for Wall St. McCain brings up his platform of energy independence and cuts for government spending. He also lays out a plan to reevaluate mortgage values.

9:08-Who will be your Secretary of Treasury? McCain names Meg Whitman and Warren Buffett as “types” of people who are qualified. Obama also names Buffett but then goes into more details of his economic plan.

9:11-Bailout concerns? M points out that he stopped campaigning so that he could investigate the bailout plans. Fannie and Freddie are the biggest culprits. O says deregulation was the biggest culprit.

9:16-Worse before better? O says no. M says it’s possible if certain action doesn’t take place. Not exactly a great answer but a bit more effective than O’s.

9:18-How can we trust the parties? O compares the federal spending budget to the average family budget and the basic principles that don’t seem to apply to the government. Then he goes off on his negative dredging of history, but redeems with some details of his plan. M talks about non-partisan work and its importance. Points out O’s potential spending increases.

9:23-Priorities? Health, energy, SS & Medicare-M wants to tackle all at the same time. Rattles off some details that we’ve heard before. O puts energy at the top and compares his resolve to Kennedy’s goal to put a man on the moon. If Americans decide to go for it, it will happen.

9:28-What sacrifices will Americans have to make? M says some programs may be cut. Defense spending, earmarks, spending freeze. O hints that people need to make small adjustments to energy use. Also, double the Peace Corps.

9:33-Too much personal debt? O says government has set a bad example for Americans. O says CEO’s will get 700k in tax cuts under M’s plan and does not think that’s fair for sharing the burden. M does some attacking on O’s tax plan.

9:37-Score 1 for Mr. Brokaw, no O, we’re moving on.

9:38-SS & Medicare? O says these programs are tied to tax plans and proceeds to give his plan’s details. M says SS is easy to fix-just gotta work across the aisle to get it done. Medicare needs a commission of smart Americans to come up with a plan.

9:43-What would you do in the first 2 years to deal with climate issues? M claims nuclear power is the key to making progress. O wants to invest in new technologies.

9:48-What do we do to develop the technologies? M defends his voting record on rejecting certain alternative energy bills because they were loaded with pork.

9:49-Is healthcare a commodity? O says people will be able to keep their current plans if they want to. Others can buy into the same plan as Senators. Then he takes a few shots at M’s plan. M gives a few ideas on efficiency minded changes. He also takes a few shots at his opponent’s plan. Then he explains the opportunity to open cross-state benefit plans.

9:55-Is healthcare a right? M doesn’t like that wording. O thinks it is a right.

10:00-O no! Time for foreign affairs again. I don’t know how much more I can take of this. M says we are challenged to be peace makers but need to be smart about the choices we make in getting involved. O rants about M’s poor judgment and lays out all the money we spend on war activities and how we need that money here at home.

10:04-Use of Force? O says we have a moral obligation to be involved where things are bad. Need to mobilize the international community better. M rehashes O’s position on Iraq and how wrong he was. Some other details that I’m not going to summarize here.

10:08-Pakistan? A pretty long back and forth about the situation and how to get Bin Laden. I think these guys are going to really polarize their supporters with this debate.

10:19-Pressure Russia? M-Putin is hooking up with KGB and doing bad things but getting away with it. It is unacceptable behavior. No Cold War coming. O declares our need to support threatened countries with economic support. I wonder how that sounds to America considering our economic status. Also, do a better job anticipating the actions of Russia and other threats. Also, energy is key in the same battles.

10:23-Is Russia an Evil Empire? O says their actions are evil. M says maybe.

10:24-Defense of Israel? M would not wait for UN before taking action if Israel was attacked by Iran. O says we cannot allow Iran to build up nuclear weapons. We need to use all the tools at our disposal to avoid conflict. Reduce energy use, increase sanctions, direct conversations with friends & enemies.

10:29-What don’t you know and how will you learn it? O-big, unexpected challenges ahead. Then we hear about how tough his life was and how he overcame it all. M-doesn’t know what’s going to happen at home & abroad. Unexpected times. Then we get his story of tough times and how he wants to continue to serve America.

One more debate to go next week. I’ll see you then.

Choose Wisely