Obama blasts Republicans on economy

WASHINGTON - Video


Bush says economy can withstand 'adjustments'
Sept. 15: President Bush says he is confident the economy is strong enough to withstand "adjustments" in the financial markets.
MSNBC


Democrat Barack Obama laid into the economic policies of the Republican opposition on Monday and Republican rival John McCain called for a regulatory overhaul of the battered financial sector as Americans awoke to the disappearance of two Wall Street giants.

Obama called the fall of both Lehman Brothers and Merrill Lynch & Co. "the most serious financial crisis since the Great Depression" of the 1930s.

The Democrat is battling to overcome a significant boost in the polls for his opponent, who stunned Americans and solidified wavering support among his party's Christian conservative base with the choice of Alaska Gov. Sarah Palin as running mate. After trailing Obama throughout the run-up to both party conventions, McCain has pulled even or edged slightly ahead in national polling — primarily riding the wave of Palin's initial popularity.