September 17, 2008 Obama slams McCain's economic policy Play video

(NECN: Elko, Nevada) - Democratic presidential nominee Barack Obama discussed the economy during a campaign stump in Elko, Nevada this afternoon.

Obama slammed his Republican rival John McCain for his response to a nation in economic crisis.

"We don't need a commission to figure out what happened...CEOs got greedy, politicians sat on their hands until it was too late...we need a president who will lead us out of this mess and that is the kind of president that I intend to be," said Obama.

"We need a 9/11 commission," McCain said Tuesday on NBC's "Today" show. "We need a commission to figure out what went wrong and how to fix it and I know we can do that and I'll do it."

Appearing on ABC's "Good Morning America" on Tuesday, McCain said he had warned two years ago of a deteriorating and unacceptable situation and blamed "the old-boy network and the corruption in Washington."

McCain offered no specific remedies during his appearances on the three network morning shows, though he said he agreed with Treasury Secretary Henry Paulson that the government should not bail out American International Group Inc., the world's largest insurer.