CFR Presents

Campaign 2008

The Candidates and the World

Quote of the Day

by campaign2008 Monday, June 30, 2008

“When we pile up mountains of debt for the next generation to absorb, or put off changObamaes to our energy policies, knowing full well the potential consequences of inaction, we are placing our short-term interests ahead of the nation’s long-term well-being. When we fail to educate effectively millions of our children so that they might compete in a global economy, or we fail to invest in the basic scientific research that has driven innovation in this country, we risk leaving behind an America that has fallen in the ranks of the world. Just as patriotism involves each of us making a commitment to this nation that extends beyond our own immediate self-interest, so must that commitment extends beyond our own time here on earth.”

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Morning Update: Obama’’s International Trip

by campaign2008 Monday, June 30, 2008

Sen. Barack Obama (D-IL) will travel to France, Germany, Israel, Jordan, and the United Kingdom in July, his campaign announced over the weekend. The trip will be “an important opportunity for me to assess the situation in countries that are critical to American national security, and to consult with some of our closest friends and allies about the common challenges we face,” Obama said.

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Morning Update: Responding to N. Korea

by campaign2008 Friday, June 27, 2008

Both presidential candidates responded on Thursday to the news that North Korea disclosed details of its nuclear program. Sen. Barack Obama (D-IL) called the declaration “a step forward” (AFP), but said the United States should continue to maintain sanctions as “a critical part of our leverage to pressure North Korea to act.” Sen. John McCain (R-AZ) also called the declaration a “modest step forward” but said the United States must “keep diplomatic and economic pressure on North Korea to meet all of its obligations under the Six Party agreement, including denuclearization.”

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Domestic Oil Exploration and Fuel Prices

by Joanna Klonsky Wednesday, June 25, 2008

Sen. John McCain (R-AZ) has kept energy policy in the headlines this week, giving several major speeches laying out his plans to help reduce high gas prices and begin to end U.S. dependence on foreign oil. He has proposed several controversial policy moves, including a $300 million “prize” to whomever can substantially improve car battery technology, a gas tax holiday, and a cap-and-trade system of carbon regulation. McCain has also called for the opening of domestic oil exploration, which he says will “prove to the world that we will no longer be subject to the whims of others than to expand our production capabilities.” But will such exploration significantly lower fuel prices? In a new CFR.org Online Debate, two energy policy experts discuss that question.

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Morning Update: Energy Policy

by campaign2008 Wednesday, June 25, 2008

Sen. John McCain (R-AZ) and Sen. Barack Obama (D-IL) both gave speeches on energy policy on Tuesday. McCain promoted his plan to implement a cap-and-trade system for carbon emissions, which he said will “give American businesses new incentives and rewards to seek, instead of just giving new taxes to pay and new orders to follow.” Obama again called for higher fuel standards and criticized proposals for domestic oil exploration and a gas tax holiday.

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Quote of the Day

by campaign2008 Tuesday, June 24, 2008

Obama“[B]efore we hand over more of our land and our coastline to oil companies, I will charge those companies a fee for every acre that they currently lease but don’t drill on.  If that compels them to drill, we’ll get more oil.  If it doesn’t, the fees will go toward more investment in renewable sources of energy.”

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Quote of the Day

by campaign2008 Monday, June 23, 2008

McCain“Some in Washington seem to think that we can still persuade OPEC to lower prices — as if reason or cajolery had never been tried before. Others have even suggested suing OPEC — as if we can litigate our way to energy security. But America is not going to meet this great challenge as a supplicant or a plaintiff. We are not going to meet it with words at all — we are going to meet it with action.”

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