Latest In

Breaking News

Hurricane McCain

Hurricane McCain arrived in Florida today. To coincide with Sen. John McCain’s two-day visit, the Florida Democratic Party unveiled a new Website that features

Jul 31, 2020
697 Shares
696.9K Views
Hurricane McCain arrived in Florida today. To coincide with Sen. John McCain’s two-day visit, the Florida Democratic Party unveiled a new Websitethat features a minute-and-a-half-long TV spot it plans to begin airing soon. The ad is critical of McCain’s oppositionto a national catastrophe fund that would lower the cost of disaster insurance in hurricane- and earthquake-prone areas.
Naturally, both the McCain and Obama campaigns used the issue as a vehicle for unloadingtalking points on each other today.
"Once again John McCain has made clear that he is much more interested in standing with George Bush than getting the facts right or doing what’s right. But what John McCain doesn’t understand is that by choosing to stand with George Bush’s failed policies instead of standing with the families of Florida he can’t deliver the change the country needs and deserves,” Obama spokesman Hari Sevugan said in a statement.
The McCain camp responded:
“It’s disappointing that for the second day in a row for Sen. Obama has chosen to use natural catastrophes to launch political attacks — that’s not ‘change we can believe in.’ John McCain is opposed to a government-run National Catastrophe Fund, not because he doesn’t have serious concerns about the cost of insurance in Florida, but because it ignores the need for private insurance reforms to broaden markets and protections against the cherry-picking of individual states. John McCain earned Gov. Crist’s endorsement well after Sen. McCain had articulated his position on this issue, because John McCain has the strength, experience and judgment to lead."
With hurricane season fast approaching, Florida Democratsare planning to make the issue central to the presidential campaign in the state. Former Republican candidate Rudy Giuliani, whose unsuccessful bid for the nomination focusedon winning the Florida primary — which he didn’t— made his supportfor a national catastrophe fund the centerpiece of his strategy. Florida’s Republican Gov. Charlie Crist, who has been mentionedas a possible vice presidential candidate, has lobbiedCongress for the creation of a national catastrophe fund. If 2008 turns out to be a bad year for hurricanes, the issue could come back to haunt McCain.
Camilo Wood

Camilo Wood

Reviewer
Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
Latest Articles
Popular Articles