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Tuesday, February 26, 2008

Follow the Leader

The New York Times and USA Today lead with new national polls that show voters think Sen. Barack Obama has a better shot at beating Sen. John McCain. In both polls Obama beat out Sen. Hillary Clinton by a significant margin for the first time (extra credit goes to the NYT for mentioning USAT's survey). In the NYT/CBS poll, 54 percent of Democratic voters said they would want to see Obama nominated compared to 38 percent who preferred Clinton, while the USAT/Gallup poll shows a 51-39 percent lead for Obama. USAT's poll shows Republicans agree with Democrats that McCain would have an easier time if he were to face off against Clinton.

The Los Angeles Times leads with a plan by Senate Democrats to change the bankruptcy law in order to give judges the authority to change the terms of a mortgage. Under the terms being discussed, a judge would be able to reduce a mortgage or its related interest rates, during bankruptcy proceedings. The country's lenders, largely backed by Republicans, are deeply against this proposal and contend that it would force them to increase mortgage rates in order to cover the added risk. "If this proposal becomes law, it will amount to a new tax on homeowners," the chairman of the Mortgage Bankers Association said. The Wall Street Journal leads its world-wide newsbox with the suicide bomber that assassinated a top Pakistani Army general in a day that saw the first major outburst of violence since the elections. He was the most senior military officer to be assassinated in recent times. The Washington Post leads locally but off-leads a look at how Obama's rise is due in large part to his speeches and general oratory skills, which is opening up a new line of attack from his opponents. Not since Franklin D. Roosevelt "has a presidential candidate been propelled so much by the force of words," says the Post.

Ahead of debate, Clinton sharpens her attacks

Republican John McCain also campaigned in Ohio on Monday, and told reporters he must convince a war-weary country that U.S. policy in Iraq is succeeding to win the White House, or else "then I lose. I lose."

He then backed off that remark, saying merely that Iraq would be a part of voters' judgment of his ability to handle national security.

The five-year-old Iraq conflict is emerging as a fault line in the general election, with the Arizona senator calling for the U.S. military continuing its mission while his Democratic opponents urge quick withdrawal.

A coalition of anti-war groups that was influential in last year's political debate on Iraq says it plans to spend more than $20 million this year to convince voters that McCain and the Republican Party's support for the war is bad for the economy.

In a conference call with reporters Monday, activist leaders said they believe voters will blame Republicans this fall for supporting the war at a time of rising health care and college costs and a mortgage foreclosure crisis.

"Leaders who do not recognize this connection will be at a disadvantage come Election Day," said Jeff Blum, director of USAction, which plans to spend $10 million organizing a grass-roots effort against Republican candidates. Blum said the group intends to dispatch hundreds of thousands of volunteers to go door to door to convince voters that the Republicans' war effort is hurting the economy.

WASHINGTON - Hillary Rodham Clinton suggested Barack Obama was not prepared to handle a global crisis as she looked ahead to an MSNBC debate that offered one of her last chances to blunt her rival's momentum before next week's must-win primaries.

The two Democratic presidential contenders face off in a debate at Cleveland State University just a week before the March 4 primaries in Ohio and Texas that Clinton must win to keep alive her faltering bid to become the first U.S. female president.

MSNBC will telecast the debate from 9-10:30 p.m. ET.  NBC’s Brian Williams will moderate and be joined by "Meet the Press" moderator and NBC News Washington Bureau Chief Tim Russert. It will be streamed live on msnbc.com.