A round-up of this morning's must-read stories.
OBAMA, MCCAIN SEEK LEADER'S IMAGE IN FINAL DEBATE
(Liz Sidoti, Associated Press)
Barack Obama and John McCainwill
both pursue the image of a strong leader in troublesome economic
times as they meet Wednesday night for their third and final
presidential debate. Their face-off comes as Obama
widens his lead in typically Democratic states and campaigns with an
air of optimism about his prospects, while McCain seeks a way to gain
ground and finds himself defending traditionally Republican states with
less than three weeks left in the race... Wednesday's debate at Hofstra
University in Hempstead, N.Y., is slated
to focus entirely on the economy and domestic policy. The candidates
will be seated at a table with moderator Bob Schieffer of CBS. Both
presidential contenders have used the previous debates to make
and remake their main campaign points, frequently sidestepping direct
questions such as how they would have to scale back their long lists of
campaign promises in light of the economic crisis. Advisers
for each candidate say he will use the final debate to lay out his
vision for the country and promote his economic policies while drawing
differences with his opponent. Character attacks — subtle or not — also
could occur.
WHICH JOHN MCCAIN WILL SHOW UP TO DEBATE?
(Mike Madden, Salon)
A day before the final presidential debate of the year -- and three
weeks before Election Day -- McCain's campaign still seems to be
struggling to figure out how to regain momentum in a race that, for
him, has gone south faster than a retiree with a ticket to Florida.
(That is, if the retiree still has any savings left
to head south with.) McCain himself is sticking to a kindler, gentler
stump speech that only impugns Obama's policies, not his personality,
and his rallies are more carefully controlled by the campaign -- at
least in part because polling found voters were starting to turn away from McCain, rather than Obama,
because of McCain's sharp tone. But aides haven't given up on the
notion that voters would revolt against the Democrat if they only knew
whom he's been hanging out with... Nearly all
of McCain's TV ads are attacking Obama in similar fashion. And a day
after McCain debuted his retooled stump speech, and only a few days
after he rebuked his own supporters
for taking anti-Obama vitriol past where McCain wanted it to be, he
also promised the old McCain -- last week's McCain -- would make an
appearance at Wednesday night's debate, with an attempt to highlight Ayers.
MCCAIN'S BROTHER BLASTS CAMPAIGN STRATEGY
(Paul West, Baltimore Sun)
Frustrations inside John McCain's camp boiled over on the eve of
Wednesday night's presidential debate as the candidate's brother
unleashed an e-mail blasting the campaign's "counter-productive"
strategy. "Let John McCain be John McCain," wrote Joe McCain in a missive
sent out shortly before midnight Monday. "Make ads that show John not
as crank and curmudgeon but as a great leader for his time." McCain's younger brother was sharply critical of unnamed top
campaign officials who "so tightly 'control the message'" that they are
preventing reporters from speaking with those, like himself, who know
the candidate best. His complaint echoed those of other McCain
intimates who have chafed for months at orders not to speak with the
news media without advance permission from the campaign. The younger McCain called this news management strategy
"counter-intuitive, counter-experiential, and counter-productive"
because it conflicts with his brother's reputation for openness. The
clampdown "has gradually bled away all the good will that this great
man had from the press," he wrote.
FROM 2 RIVALS, 2 PRESCRIPTIONS
(Jackie Calmes, New York Times)
Both
presidential candidates have now outlined their plans for addressing
the economic crisis, leaving voters with a clear choice when it comes
to one of the biggest challenges the next president will face. Mr. McCain’s new plans include tax cuts on capital gains and on
withdrawals from retirement accounts by people 59 and older, bigger
write-offs for stock losses and a tax waiver for unemployment benefits.Those
proposals, which would be effective for two years, complement an
overall economic program that hews to the Republican playbook: tax cuts
geared especially to individuals and businesses at the top of the
income scale, in the belief that they will stimulate the economy and
create jobs that benefit everyone... The $60 billion stimulus package that Senator Barack Obama
announced Monday, combined with his longstanding economic agenda,
reflect Democratic emphasis on tax cuts intended for middle-class and
low-wage workers and for the smallest businesses, as well as spending
increases for public works to create jobs... Even with the new proposals, which come on top of the hundreds of
billions of dollars the government has already committed to bail out
financial institutions and other faltering corporations, both
candidates continue to promise that as president they would reduce the
ballooning annual budget deficits, without forfeiting any of the
big-ticket promises they made pre-crisis.
NEXT PRESIDENT TO INHERIT NEW POWERS--AND PROBLEMS
(Jonathan Weisman, Wall Street Journal)
Neither candidate, nor aides, elaborated on how they would implement
the new Treasury program, or how they might differ from each other. But
it's clear that the government's partial takeover of the nation's
banking industry -- along with other recent interventions like federal
ownership of mortgage giants Fannie Mae and Freddie Mac and federal
conservatorship of the insurance behemoth American International Group
Inc. -- will give the Nov. 4 winner tremendous discretion over the
workings of the economy. "We have broadened the interpretation of the powers available to the
president, and there will be a host of specific issues," Obama adviser
Robert Rubin, a former Treasury secretary, said in an interview. Issues
such as managing purchased assets from financial institutions, "the
question of what Fannie and Freddie should become, what the broader
U.S. mortgage market structure should be, and what the financial
markets should look like." Whoever wins the White House "will have to deal with those issues
immediately," Mr. Rubin said, adding that ordering the rest of his
agenda will be a "signal decision" of his presidency. The recent market turmoil has altered the campaign -- and the next presidency -- in other ways as well.
OBAMA DROWNING OUT MCCAIN IN TV ADS
(Jeanne Cummings, Politico)
In the first three weeks of September, Barack Obama ran 1,342
television commercials in the Washington media market that reaches
heavily populated and contested Northern Virginia. According to The Nielsen Company, in the same period and market, John
McCain aired just eight commercials on broadcast stations. Similar disparities are playing out across the country as the Illinois
Democrat flexes his financial muscle to outspend McCain and the
Republican National Committee on television advertisements, in some
cases by ratios of as much as 8-to-1. As of close of business last week, Obama had spent approximately $195
million on primary and general election ads compared with $99 million
by the Arizona Republican and the Republican National Committee,
according to the Competitive Media Analysis Group. And the gap is widening in the final weeks... The spending figures are significant because they demonstrate how
Obama’s fundraising advantage has helped him drown out his opponent and
maintain a longer — and more positive — presence in the living rooms of
voters in critical swing states.
IN VOTING BOOTH, RACE MAY PLAY BIGGER ROLE
(Adam Nagourney, New York Times)
With less than three weeks until Election Day, a big question is
looming over the campaign for the White House, and it has nothing to do
with the economic crisis or the caustic exchanges between Senators Barack Obama and John McCain over character and credentials. It is race. Mr. Obama and Mr. McCain almost never talk
directly about it. In some cases, like the condemnation of the
Republican ticket issued last weekend by Representative John Lewis,
the Georgia Democrat who is a civil rights leader, the topic has come
up openly... But more often, it is
found only in sentiments that are whispered, internalized or masked by
discussions of culture or religion, and therefore hard to capture fully
in polling or even to hear clearly in everyday conversation. Political strategists once assumed that polls might well overstate
support for black candidates, since white voters might be reluctant to
admit racially tinged sentiments to a pollster. Newer research has cast
doubt on that assumption. Either way, the situation is confounding
aides on both sides, who like everyone else are waiting to see what
role race will play in the privacy of the voting booth.
OBAMA, MCCAIN INTENSIFY COMPETITION FOR FLORIDA
(Beth Reinhard, Miami Herald)
As the presidential campaign in Florida enters the homestretch,
Democrat Barack Obama is cranking up a sophisticated and far-reaching
voter turnout operation, while Republican John McCain scrambles to
regain his footing in a state long considered a safe bet. On
Tuesday, McCain announced that he will campaign Friday in Miami and
Melbourne... Tension
has been rising between some top Florida Republicans and the McCain
camp as polls show him slipping in a state vital to his White House
bid... The nation's largest battleground state will fall to the candidate
who can churn out the most votes. Mimicking the strategy perfected by
President Bush's reelection campaign, the Obama camp is trying to
mobilize party faithful while paring votes from communities and
demographic groups that lean toward the opposition. One potential
advantage for the Republican Party is its well-established practice of
racking up absentee ballots. The evening before McCain confirmed his
Florida trip, about a dozen campaign volunteers in a Pompano Beach
office building dialed voters who had requested ballots by mail.
UNDECIDEDS HOLD GREAT SWAY IN CRITICAL VIRGINIA
(Anita Kumar and Tim Craig, Washington Post)
Three weeks before the Nov. 4 election, some voters in the increasingly
important battleground state of Virginia are still agonizing over
whether to cast their ballot for Sen. John McCain (R-Ariz.) or Sen. Barack Obama (D-Ill.). Many of those undecided Virginians are planning to watch the final
presidential debate Wednesday night in search of answers. They are
looking at each candidate's stance on key issues, the way he behaves
and the way one treats the other... This year, members of both parties think that Virginia could be
critical to either candidate's capturing the 270 electoral votes needed
to secure the White House. Virginians do not register by party, and many have been known to split their tickets. No Democratic presidential candidate has carried Virginia since 1964,
but recent polls show Obama and McCain locked in an extremely
competitive race. A Washington Post-ABC News
poll late last month indicated that Virginia's likely voters are
divided 49 percent for Obama and 46 percent for McCain. The margin of
error was four percentage points.