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Obama Blasts McCain on Privatization Plans

US Democratic presidential candidate Illinois Senator Barack Obama addresses a rally at Bathune-Cookman University in Daytona Beach, Florida. Obama accused his White House foe John McCain Saturday of wanting to \"gamble\" away Americans' life savings by privatizing Social Security at a time of crisis on the markets.
(AFP/Emmanuel Dunand)

DAYTONA BEACH, Florida - Democrat Barack Obama accused Republican presidential rival John McCain on Saturday of wanting to gamble with the retirement savings and health care of Americans by subjecting them to the uncertainty of open markets.

As the government prepared another costly bailout of the reeling U.S. financial system, Obama said McCain's support for privatizing Social Security and opening up the health care system to market forces would put Americans at financial risk.