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Republican presidential nominee Senator John McCain told an audience Sunday In Florida that Barack Obama behaved more like a politician than a leader, both on matters of national security and on last week’s near-meltdown of the U.S. financial system.

Addressing a meeting of the National Guard Association, John McCain faulted Barack Obama for not offering a plan to stabilize financial markets after a crisis in the mortgage industry led to the collapse of Lehman Brothers and Bear Stearn  and the government bailout of housing agencies Fannie Mae and Freddie Mac and insurance giant AIG.

“At a time of crisis, when leadership is needed, Senator Obama has not provided it,” McCain said.

On Friday, Treasury Secretary Henry Paulson announced he would begin crafting a $700 billion federal takeover of the troubled financial sector. The same day, John McCain laid out his own series of proposals for helping to stabilize the mortgage industry, such as a Mortgage and Financial Institutions Trust.

Barack Obama declined to offer a plan, saying he wanted to allow treasury secretary Hank Paulson to address the matter without political intrusion. Advisers to the Barack Obama criticized John McCain’s proposals as little more than talking points that lacked any meaningful detail.

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