Obama readies own economic rescue

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http://rawstory.com/news/2008/Obama_readies_own_economic_rescue_0920.html

Agence France-Presse
Published: Saturday September 20, 2008

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by Jitendra Joshi

MIAMI (AFP) - US Democratic presidential nominee Barack Obama pondered his own economic rescue plan Saturday, saying his White House rival John McCain was flailing at a time of financial crisis and a government rescue for Wall Street must shield regular Americans too.

The rivals navigated a presidential race transformed by the global economic storm as President George W. Bush's administration readied the biggest rescue package in decades for the crippled financial sector.

Obama said he would present his recovery blueprint once the Treasury and Federal Reserve plan is known, as McCain proposed a trust to intervene before financial institutions approach bankruptcy.