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Bernie Sanders: Bailout Transfers Wealth - Upward Democratic presidential candidate Barack Obama, like rival John McCain, has yet to take a stand one way of the other on the proposal to have U.S. taxpayers bail out the worst players in the U.S. financial system with a scheme to buy up $700 billion worth of bad loans. Obama calls McCain "the great deregulator" and warned that the Republican would do to the health care system what had been done to the banking. McCain's campaign called Obama a "directionless driver" on the economy.

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Bernie Sanders: Bailout Transfers Wealth - Upward

Democratic presidential candidate Barack Obama, like rival John McCain, has yet to take a stand one way of the other on the proposal to have U.S. taxpayers bail out the worst players in the U.S. financial system with a scheme to buy up $700 billion worth of bad loans.

Obama calls McCain "the great deregulator" and warned that the Republican would do to the health care system what had been done to the banking.

McCain's campaign called Obama a "directionless driver" on the economy.