McCain aides: Obama 'cheerleading' market crisis

CEDAR RAPIDS, Iowa (AP) -- Top aides to Republian John McCain are claiming Democrat Barack Obama and his advisers are exploiting Wall Street's financial problems for political gain.

Aide Steve Schmidt, who worked for the Bush-Cheney team in 2004, told reporters Thursday aboard McCain's plane that Obama is "cheerleading this crisis." He said McCain is seeking a bipartisan solution although Schmidt and aides Mark Salter and Nicole Wallace also said Democratic congressional leaders should be condemned for considering adjourning without addressing the bankruptcy of Lehman Brothers, the sale of Merrill Lynch and the emergency government loan to insurer AIG.

The aides say the Arizona senator will make the same criticisms during his speeches.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


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