Bailout a ‘blank check’, Obama

“[T]hus far, the administration has only offered a concept with a staggering price tag, not a plan,” Obama said in a statement referring President Bush’s mortgage-bailout blueprint. Senator Obama further added, “The bottom line is that we must change the economic policies that led us down this dangerous path in the first place.” Barack Obama has climbed in the polls as Republican John McCain fumbled his response to the economic crisis.