Tuesday, September 16, 2008

Bad news for the country is good news for Democrats

Yesterday on CNN's Anderson Cooper's 360, the group discussed how Obama's team has been looking for bad economic news

Here's the transcript of the exchange among the CNN folks.  Everything is just a game to these folks....

DAVID GERGEN, CNN SENIOR POLITICAL ANALYST: But what happened over the weekend with the economy and the bottom falling out of the financial markets -- and we have been saying for some time on this program this is the worst financial crisis since the Depression -- Alan Greenspan said on Sunday the worst economic situation he's seen -- it seems to me that there's a real turning point now, that that momentum on McCain's side is likely to fade. And there is the opportunity for Obama to seize the momentum back on his side. I don't know if he's going to do it or not. He is trying. McCain has an opportunity here as well. But there's no question right now that this -- this really dark economic situation is now going to be -- is going to really -- is going to, I think, blot out a lot of this question about who -- the backing-and-forthing and the advertising, and focus on the issues.


GERGEN: And that's what -- that's what Obama has wanted to do. He's now got the opportunity.

I think, personally, he's got the critique down, but he still hasn't provided a message about what he would do, nor has he really surrounded himself, in the way he needs to, with the Bob Rubins and the Paul Volckers and the Larry Summers and Laura Tysons, and have them as a tight unit. I think he still has to do that.

COOPER: Candy, no doubt -- very quickly -- on the campaign trail, it obviously played a big role today. You anticipate, in the days ahead, issue number one, it's going to be front and center?

CANDY CROWLEY, CNN: Oh, absolutely.

I mean, listen, just as foreclosures were showing up on B-17, or in the real estate section, along comes this horrific headline out of Wall Street.

COOPER: Right.

CROWLEY: I mean, this is what they wanted. They believe, of course, that the economy is one of their strengths and that they can paint John McCain as George Bush.


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