Sep 16, 2008 6:23 pm US/Eastern
Surviving The Wall Street Quake In South Florida
Consumer Confidence Continues To Slump Amid Financial Mess
MIAMI (CBS4) ―
If you're an investor or consumer and woke up on Tuesday morning to a new level of alarm in the more than year-old financial crisis and wondered what the drastically changed landscape on Wall Street means for you, you're not alone.
Customers at "Roasters 'n Toasters" in Miami were quoted as saying, "we're in a big mess all around" to "people have become way too greedy".
Also today, the presidential candidates were scrambling to offer remedies for the heartburn and heartache.
GOP presidential nominee John McCain was in Tampa criticizing the financial institutions contributing to the economic turmoil.
"In short order, we are going to put an end to the reckless conduct, corruption and unbridled greed that have caused a crisis on Wall Street," the senator said.
In Colorado, Democratic presidential nominee Barack Obama added that Wall Street is in a financial crisis and argued that McCain and his fellow Republicans embraced the deregulation that spawned it.
"So let's be clear, what we've seen in the last few days is the final verdict on an economic philosophy that has completely failed," he concluded.
In South Florida, voters must decide which candidate can best repair the financial problems.
Mel Brezer is an Obama supporter. He said, "I believe he will surround himself with bright people and McCain will go back to the Bush situation where we are in the hole right now."
Jean Marc Desilva explained, "Do I really want four more years of voting with Bush; but with Obama the 'experience' issue is still there for me."
In Little Havana, a Republican stronghold the worries are the same and the economy is a number one issue.
Frank Dovale said, "I think the economy is in drastic need of change, and Mccain brings stability."
(© MMIX, CBS Broadcasting Inc. All Rights Reserved.)
Disney Worker Killed In Monorail Crash
Click to enlarge
Stumble It!
Reporting
