McCain 's top campaign officials refused to say how the senator from Arizona would vote on the plan because it is not yet clear what the final version will contain . At a campaign event Monday in Green Bay , Wisconsin , Obama laid out the reforms he would pursue as president to avoid another economic crisis . Watch Obama talk about the crisis on Wall Street '' First , Obama said that he would reform `` our special interest-driven politics . '' He said members of his administration would not be able to use their position as a steppingstone for lobbyist careers . Watch what Obama says about McCain 's role in the situation '' Obama said he would make the government `` open and transparent '' and put any bill that ends up on his desk online for five days before he signs it . Secondly , Obama said he would `` eliminate the waste and the fraud and abuse in our government . '' He pointed to fixing the health care system and ending the war in Iraq as ways to cut costs . Obama also said that he and his running mate , Sen. Joe Biden
-LRB- CNN -RRB- -- Sen. Barack Obama on Monday blamed lobbyists , special interests and `` an ethic of irresponsibility '' in Washington for the financial crisis that has swept the country in recent weeks . Sen. Barack Obama said Monday there needs to be more oversight in Washington . The senator from Illinois sided with congressional Democrats , who say a government bailout of the financial sector must include government oversight . `` We can not give a blank check to Washington with no oversight and accountability , when no oversight and accountability is what got us into this mess in the first place , '' Obama said . President Bush 's top economic advisers this weekend presented a $ 700 billion plan to Congress to take control of `` illiquid assets , '' including bad mortgages . Bush urged Congress to pass the plan as is , but Democrats on the Hill already are circulating a counterproposal . Sen. John McCain , Obama 's Republican rival for the presidency , said Monday that the government 's proposal puts too much power into the hands of Treasury Secretary Henry Paulson . In a conference call Monday with reporters ,