DENVER — Do no harm.

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That's the advice CUNA President and CEO Dan Mica had for thetwo major-party presidential candidates when asked about how theyshould handle the problems facing the economy.

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Mica said during an appearance on Fox Business Channel that bothDemocratic nominee Barack Obama and likely Republican nominee JohnMcCain should reassure people that the government will be there asa backup but won't meddle unnecessarily in the workings of theeconomy.

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“The candidates need to address Middle America, which hasn'tmade up its mind, rather than Wall Street, which has chosen acandidate. But they need to do it in a way that doesn't add topeople's jitters.”

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Mica noted that deposits in credit unions are fully insured andsaid credit unions are part of the solution to the current economicproblems because they are making loans at a time when otherfinancial institutions are cutting back.

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He made his comments from a studio in Invesco Field, where Obamais scheduled to deliver his acceptance speech tonight. During theinterview, Sheryl Crow was warming up in the background whichprompted one of the anchors to suggest Mica join her on stage. Hereplied “I feel like breaking out singing here.”

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