Expect to get bombarded in the next 5 weeks or so. It’s gonna be close.“Plan for Change” Ad:more about ““Plan for Change” Ad“, posted with vodpod  Well, Mr. Obama wants to run this ad on television. As you can see, it’s a two-minute bit. I’m not sure how much that would cost. If you’re going to vote for [...]

You can read his full economic plan HERE.

(transcript of video here)Obama spoke about the current economic crisis in Colorado yesterday; video and text of speech as prepared at link.And, for those who keep saying that Obama hasn’t been giving “specifics” of his policies, please see his web page on the economy, and, last but far from least, the speech he gave exactly one year ago today — literally on Wall Street — addressing the dangerous situation with our unregulated markets directed only by greed (also with video).There are a number of lessons that we must learn from this going forward. We know that much of this could have been avoided if the market operated with more honesty and accountability. We also know we would have been far better off if there were greater transparency and more information had been available to the American people.To that extent, I believe there are a few steps we should take to prevent future crises of this kind and restore some measure of public trust in the market:First, we need more disclosure and accountability in the housing market. To ensure that potential homeowners aren’t tricked into purchasing loans they can’t afford, I’ve proposed updating the current mortgage rules to establish a federal definition of mortgage fraud and enact tough penalties against lenders who knowingly act in bad faith. I’ve also proposed a Home Score system that would create a simplified, standardized metric for home mortgages, sort of like the APR. This would empower Americans to make smart decisions by allowing prospective buyers to easily compare various mortgage products so they can find out whether they can afford the payments. And I believe we should finally enact the meaningful mortgage disclosure laws that the mortgage industry has been lobbying against for far too long.Second, I believe that if we hope to restore trust in the markets, we must be able to trust the judgment of our rating agencies. The failure of government to exercise adequate oversight over the rating ...