Economic crisis changes tone of race in Sixth Disctrict

[CatholicEdHead]

http://www.startribune.com/politics/national/house/30662219.html

Abortion, taxes and transportation have dominated recent campaigns for Congress in the suburbs, small towns and farms north of the Twin Cities.

But the political landscape changed in Minnesota's Sixth District when the financial crisis hit Wall Street and Washington. More than any other congressional race in the state, the showdown in the Sixth is offering voters stark choices on whom to blame for the crisis and what to do about it.

Rep. Michele Bachmann, a Republican, is telling voters that "hyper-regulation" by the federal government created a chain of events that caused bank failures and credit freezes. Bachmann voted against the massive rescue package that cleared Congress last week, slamming it as unfair to taxpayers.

Her Democratic challenger, Elwyn Tinklenberg, tells voters that lack of government regulation encouraged bankers to make reckless bets that brought on the crisis. He favored the bailout as a way to avert a more serious slowdown in middle America.

Rep Bachmann is unaware that Credit Default Swaps are totally Unregulated. See the DU Stock Market Watch thread for more details.


:hi: to Jason Lewis' producers, plug us anytime :evilgrin:

[kikiek]

1. The time might be right for her to lose. Any polling update?