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Hello, I'm Kristin Volk and this is UPI White House Weekly. The issue of the economy took center stage in the second presidential debate this week between Senators John McCain and Barack Obama. Each candidate offered sharp contrasts for how to restore stability. The Arizona Senator proposed a government program to buy up bad home loans to boost the market. The Illinois Senator said he would address financial problems in banks and insurance companies and cut taxes for the middle class. Polls following the debate show that Obama inched ahead of McCain, but critics say it didn't shake up the race much. Both campaigns are stepping up their attacks on one another as Election Day draws near. New ads by the McCain team are going after Obama's background and character, calling him dangerous and too risky for America. The campaign is specifically questioning the Illinois Senator's political relationship to 1960's radical, Bill Ayers. Meanwhile, Senator Obama is attacking McCain's proposals such as the mortgage bailout that his rival unveiled during the debate this week. Obama says that plan would cause the government to lose money by paying too much for bad loans. The National Rifle Association is endorsing McCain for president. That's despite differences with the Senator on gun-show rules and campaign finance restrictions. The NRA says the two agree on many important issues to the group and adds that McCain has cast more than 60 votes in the Senate in support of the Second Amendment. Obama is far outspending McCain in TV advertising. The Illinois Senator spent more than $3 million on Monday alone. McCain spent about $900,000 on that same day. Overall, Obama is expected to shell out more than $90 million on ads through the election. That's more money than McCain has spent on his entire fall campaign.

Author: UPIVideo
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Added: October 9, 2008

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John McCain and Barack Obama at the conclusion of the 2nd Presidential Debate, October 7, 2008 Full video of the second 2008 Presidential Debate with Sen. John McCain (R-AZ) and Sen. Barack Obama (D-IL). Visit C-SPAN's Debate Hub at: http://debatehub.c-span.org for embeddable debate video, interactive debate timeline, blog and Twitter roundup, word tree and more. Also check out our Debate Cam for a behind-the-scenes look at the debates -- click on our Debate Cam button on the right hand side of our Debate Hub page. http://bravenewpac.org/rage Digg it!: http://digg.com/2008_us_elections/Joh... During last night's debate, John McCain said we need "a cool hand at the tiller," but McCain has proven to be a loose cannon. He has accosted his Congressional colleagues on both sides of the aisle on everything from the federal budget to diplomatic relations. He is known for hurling profanities rather than settling disagreements calmly. His belligerence is legendary. Even conservative Senator Thad Cochran of Mississippi has said, "He is erratic. He is hotheaded. He loses his temper and he worries me." All class in second debate.

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Added: October 8, 2008

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