Morning Update: Economic Worries
Economic issues dominated the presidential campaign trail again on Tuesday. Sen. Barack Obama (D-IL) outlined a six-point plan (Denver Post) for economic reform, including improved federal oversight for financial institutions and streamlined regulatory agencies, among other measures.
Sen. John McCain (R-AZ) Wednesday morning said he “didn’t want” the government to bail out AIG, but that “there were literally millions of people whose retirement, whose investments, whose insurance were at risk here, and they going to have their their lives destroyed because of the greed and excess and corruption.”
UN: Republican vice presidential nominee Gov. Sarah Palin (R-AK) will meet with foreign leaders (WSJ) at the opening of the UN General Assembly next week.
IRAQ: Obama released a statement congratulating Gen. Raymond Odierno for his assumption of command of the U.S.-led forces in Iraq, and commended Gen. David Petraeus for his “outstanding work” in Iraq.
