Response from Clinton Policy Director, Neera Tanden, on Sen. Obama’s Remarks Today on the Economy

[bigtree]

3/27/2008

Clinton campaign policy director Neera Tanden issued the following statement in response to Senator Obama’s remarks today: "Presidents have to do more than announce principles. They have to solve problems. At a time of crisis in our financial markets, Senator Obama announced a series of broad, vague principles, while offering no new concrete solutions to provide Americans with greater confidence in the market or keep them in their homes. The contrast could not be clearer - on Monday, Senator Clinton announced a detailed, specific plan to address the housing and credit crisis. On Tuesday, Senator McCain announced that he had no plan. And today, Senator Obama offered just words."

BACKGROUND ON SEN. OBAMA’S DAY IN NEW YORK:

On Monday, the Obama campaign responded to Hillary unveiling a comprehensive plan to deal with the housing crisis by attacking her for taking contributions connected to subprime lenders. Campaign manager David Plouffe said: "If we're really going to crack down on the practices that caused the credit and housing crises, we're going to need a leader who doesn't owe those industries any favors."

As it turns out, those were just words... Today, Senator Obama gives an economy speech followed by a fundraiser at - you guessed it - one of the top 10 issuers of subprime loans in America, Credit Suisse. In fact, Senator Obama has taken more money from the top 10 issuers of subprime loans than BOTH Senator Clinton and Senator McCain cq.com.

- Obama has taken $1,180,103 from the top issuers of subprime loans. cq.com
- Obama received $266,907 from Lehman. Cq.com
- Obama received $5395 from GMAC. Cq.com
- Obama received $150,850 from Credit Suisse First Boston. Cq.com
- Obama received $11,250 from Countrywide. Cq.com
- Obama received $9052 from Washington Mutual. Cq.com
- Obama received $161,850 from Citigroup. Cq.com
- Obama received $4600 from CBASS. Cq.com
- Obama received $170,050 from Morgan Stanley. Cq.com
- Obama received $1150 from Centex. Cq.com
- Obama received $351,900 from Goldman Sachs. Cq.com


http://www.hillaryclinton.com/news/release/view/?id=6786


3/27/2008
Hillary Clinton Kicks Off Solutions For The American Economy Tour In North Carolina
Announces A New $2.5 Billion Per Year Workforce Training Program

http://www.hillaryclinton.com/news/release/view/?id=6785

[anamandujano]

1. Wow.

So he just keeps speechifying and nobody cares except us. Those figures are delightful. He such a fuking liar and no one calls him on it.

[bigtree]

2. This response from the Clinton campaign got through in the press coverage

MSNBC anchor talking about the criticism that his speech was vague, and that Hillary Clinton's was detailed, as usual. This is a good opportunity today to eclipse his new economic push after his vacation. When I get my posts in GDP I'll push this with the Clinton release above and other accounts of her 3 appearances in N.C. today.

Transcript:
Clinton Presents Economic Plan in NC:

http://www.washingtonpost.com/wp-dyn/content/article/2008/03/27/AR2008032701916_pf.html

[NastyRiffraff]

3. And yet some people on DU are gushing like teenage girls with a crush

about that speech on the economy. I saw it in real time; I was unimpressed. It was indeed vague. Lots of good sound bites, lots of "inspiration." Very little substance.