Obama says McCain 'passing the buck' on economy - Spokane, North Idaho News & Weather KHQ.com

Obama says McCain 'passing the buck' on economy

GOLDEN, Colo. - Barack Obama says he will take regulatory oversight seriously if he becomes president and accuses his Republican opponent, John McCain, of wanting to "pass the buck."

McCain proposed today to create a commission to study how the economic crisis came about. McCain compared it to the September 11th commission established to investigate the 2001 terrorist attacks.

Campaigning today in Golden, Colorado, Obama said McCain was passing the buck instead of offering concrete plans to deal with the nation's economic crisis.

Obama said, "This isn't 9/11." He said, "We know how we got into this mess. What we need now is leadership that gets us out."

McCain told a crowd of several thousand at a rally today in Tampa, Florida, that people have the right to know when their jobs and pensions and the entire economy are, in his words, "being put at risk by recklessness on Wall Street."

McCain has a reputation as a free-marketeer, but he says that Washington regulatory agencies need to be overhauled.

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