Barack Obama, the US Democratic party candidate, has increased his
lead over rival John McCain following the second US presidential
debate, according to opinion polls.

A Gallup poll report on Wednesday put Obama 11 percentage points ahead
of McCain, up from a nine per cent lead the day before.

A poll of debate viewers by CNN showed 54 per cent believed Obama had
outperformed his rival, while 30 per cent favoured McCain.

Two snap polls, one by CBS, the US newsbroadcaster, also judged Obama
the winner of the debate on Tuesday night at Nashville, Tennessee's
Belmont University.

The polls indicated voters favour Obama on economic issues, which have
taken centre stage amid the global financial turmoil.

Mortgage plan

With the debate behind them, the rivals refocused their energy on the
campaign trail on Wednesday.

McCain, seeking to reverse his rival's momentum, unveiled a $300bn
plan to aid homeowners suffering under the global credit crunch that
began last year over unpaid sub-prime mortgages.

"Under my orders as president, the secretary of the [US] Treasury will
carry out a home-ownership resurgence plan," McCain said at a rally in
Bethlehem, Pennsylvania.

"The dream of owning a home should not be crushed under the weight of
bad mortgages."

Calling the proposal a "critical first step", he said the government
would buy troubled loans from homeowners and restructure them into
more affordable mortgages.

Obama's campaign dismissed the ideas as "more costly and out-of-touch
than we ever imagined".

Jason Furman, policy director for the Obama campaign, said: "John
McCain wants the government to massively overpay for mortgages in a
plan that would guarantee taxpayers lose money, and put them at risk
of losing even more if home values don't recover."

The US congress has already given the treasury the authority to spend
around $700bn in taxpayer funds to buy bad mortgage debt from any
financial institution over the next two years.

Obama told supporters at an outdoor rally in Indianapolis that McCain
was offering the same strategies "that led us into this mess in the
first place".

"This is a time for resolve and steady leadership," he said.

'Hussein' invoked

With pressure building on McCain as he lags in the polls, supporters
again invoked Obama's middle name, Hussein, in an apparent attempt to
play on doubts about the Illinois senator's religion and background.

At the rally in Pennsylvania, Bill Platt, a local Republican party
representative, twice used Obama's middle name before McCain arrived
to speak.

McCain has previously apologised for using the name, which draws
allusions to Saddam Hussein, the late ruler of Iraq, calling it
"improper and inappropriate".

The McCain campaign issued a statement after the rally saying it did
not condone "this inappropriate rhetoric".

news by www.mrchat.net

--~--~---------~--~----~------------~-------~--~----~
Thanks for being part of "PoliticalForum" at Google Groups.
For options & help see http://groups.google.com/group/PoliticalForum

* Visit our other community at http://www.PoliticalForum.com/  
* It's active and moderated. Register and vote in our polls. 
* Read the latest breaking news, and more.
-~----------~----~----~----~------~----~------~--~---

Reply via email to