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First 2008 Presidential Debate: McCain & Obama on Lessons from Iraq

Uploaded by: topnewsmakers
Video Description:
Wall Street hijacked the first presidential debate Friday night between Democratic Sen. Barack Obama and Republican Sen. John McCain, who clashed over tax cuts, congressional spending and President Bush's proposed $700 billion bank bailout in a forum that was supposed to be about foreign policy.
The candidates skirmished over the war in Iraq, with McCain sticking to his support for Bushs troop surge last year and Obama repeating that he opposed the U.S. invasion all along. But the collapse of major financial institutions this month put foreign affairs — the stated topic of the first debate — firmly in the background as the men faced off at the University of Mississippi in Oxford.
Obama sought to tie McCain to the bank crisis, calling it a final verdict on eight years of failed economic policies promoted by George Bush, supported by Senator McCain.

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