(CNN) - John McCain released a new television ad Tuesday telling voters he will protect them from the nation's economic woes: "Your savings, your jobs ... I'll keep them safe."
"The economy is in crisis. Enough is enough. I'll meet this financial crisis head on," McCain says in the new ad - the first in several weeks from his presidential campaign that does not attack Obama directly.
"Reform Wall Street. New rules for fairness and honesty. I won't tolerate a system that puts you and your family at risk," he also says. "Your savings, your jobs ... I'll keep them safe."
Obama sharply criticized McCain on Monday when the Arizona senator said the fundamentals of the economy are still strong, even as the 158-year-old investment firm Lehman Brothers shocked Wall Street when it filed for bankruptcy protection. McCain later said he was referencing the strength of American workers.
(CNN) - Five former Secretaries of State from both parties told CNN Monday the Bush administration’s hard-line approach on Iran needs to be abandoned by the next president – with one GOP foreign policy heavyweight calling the current White House position “ridiculous.”
"I would advise the president to fully engage with Syria," former George H.W. Bush Secretary of State James Baker said at a George Washington University forum co-sponsored by CNN. “I think it's ridiculous for us to say we're not going to talk to Syria, and yet the Israelis have been negotiating peace with them for the last six or eight months.”
Watch Colin Powell on the presidential race
(Powell's full comments will air on “The Next President: A World of Challenges” this Saturday night at 9pm ET and again Sunday at 2pm ET.)
Baker, who has endorsed John McCain’s presidential bid, appeared with former Clinton Secretaries of State Madeleine Albright and Warren Christopher, Henry Kissinger, who served under Nixon and Ford, and former Bush Secretary of State Colin Powell. Albright has been an active supporter of Democratic presidential candidate Barack Obama.
WARREN, Ohio (CNN) - Carly Fiorina, the former Hewlett-Packard CEO turned John McCain Victory chair, said Tuesday that Sarah Palin isn’t qualified to run her old company.
Appearing on a KTRS Radio show in St. Louis, Fiorina was asked by the host, “Do you think she has the experience to run a major company like Hewlett Packard?”
“No, I don’t,” Fiorina answered. “But that’s not what she’s running for. Running a corporation is a different set of things."
"I would just remind you that it is Barack Obama who is running for president," she continued. "John McCain who is running for president.”
Fiorina contended that while Palin may not be up the task of running a multi-billion dollar IT company, she does have more relevant governing experience than Obama.
(CNN) - Sen. Barack Obama said Tuesday that the country is facing the "most serious financial crisis in generations" and argued that rival Sen. John McCain would only make it worse.
"I certainly don't fault Sen. McCain for all of the problems we're facing, but I do fault the economic philosophy he subscribes to," Obama said in Golden, Colorado.
Obama said what's happened in the past few days is "nothing less than the final verdict on an economic philosophy that has completely failed."
On Monday, Lehman Brothers - the 158-year-old Wall Street giant - filed for bankruptcy protection, and 94-year-old Merrill Lynch sold itself to Bank of America. Both developments sent shock waves through Wall Street.
Listen Obama conference call hits McCain on the economic crisis
While Obama was slamming McCain's economic policies, the senator from Arizona campaigned in Tampa, Florida, where he promised to "change the way Washington does business."
"We're going to put an end to the reckless conduct, corruption and unbridled greed that has caused a crisis on Wall Street," McCain said.
"First of all, Sen. Obama wants to raise taxes," John McCain said in an interview on CNN's "American Morning" on Tuesday, Sept. 16. "I'm not going to raise anybody's taxes ... ."
Get the facts after the jump!
Race is arguably the biggest issue in this election, and it's one that nobody's talking about.
The differences between Barack Obama and John McCain couldn't be more well-defined. Obama wants to change Washington. McCain is a part of Washington and a part of the Bush legacy. Yet the polls remain close. Doesn't make sense…unless it's race.
Time magazine's Michael Grunwald says race is the elephant in the room. He says Barack Obama needs to tread lightly as he fights back against the McCain-Palin campaign attacks.
To read more and contribute to the Cafferty File discussion click here
ANCHORAGE, Alaska (CNN) - Allies of Alaska Gov. Sarah Palin asked a judge Tuesday to halt the state Legislature's investigation into the firing of her public service commissioner, calling the probe a "McCarthyistic" inquisition.
The five Republican state lawmakers who filed suit say the leaders of the investigation "are unable to hold the balance between vindicating their own political interests and the interests of those who are being investigated."
Palin, the Republican nominee for vice president, is battling allegations that she and her advisers pressured then-Public Safety Commissioner Walt Monegan to fire a state trooper going through a bitter custody dispute with her sister - and that Monegan was terminated when he refused. Palin says she fired Monegan over budget issues, and denies any wrongdoing.
She originally pledged to cooperate with the investigation that a bipartisan commission of the state Legislature commissioned in July. But since becoming Sen. John McCain's running mate, campaign spokesmen have lashed out at the probe as "tainted" and "partisan."
(CNN) - A newly formed anti-abortion group is taking direct aim at Barack Obama, launching a television ad in key campaign states that features a 31-year old survivor of an abortion procedure.
The ad is only one of a handful of newly-launched independent television commercials hitting airwaves in recent weeks as the final stretch of the presidential campaign begins.
BornAliveTruth.org, an independent expenditure group known as a 527, is hitting airwaves in New Mexico and Ohio with a 30-second spot that criticizes the Democratic presidential nominee for voting against the Born Alive Infants Protection Act in when he was an Illinois state senator. Obama has said the Illinois state Senate version of that bill was an attempt to undermine Roe vs. Wade, and said Illinois already had a law that insured life saving treatment was given to survivors of abortion procedures.
The group was founded by Jill Stanek, a columnist to the conservative for Web site World Net Daily, who has made controversial statements in the past expressing her opposition of abortion rights. Under the headline “Faithful condom users die,” she wrote on her Web site in March that efforts to post billboards in Tanzania with the words "Faithful Condom Users" next to a picture of a large skeleton should be supported.
The new ad features Gianna Jessen, who survived a late-term abortion procedure in 1977 and says in the ad, "If Barack Obama had his way, I wouldn't be here."
“Can you imagine not giving babies their basic human rights, no matter how they entered our world?" Jessen says in the ad. "Four times, Barack Obama voted to oppose a law to protect babies left to die after a failed abortion. Senator Obama, please support born alive infant protections. I’m living proof these babies have a right to live.”
(CNN) - McCain senior domestic policy adviser Douglas Holtz-Eakin said Tuesday the BlackBerry mobile e-mail device was a “miracle that John McCain helped create.”
Addressing the nation’s economic crisis, Holtz-Eakin told reporters traveling with the campaign “there’s no magic solution. And I don’t think that it’s at this moment imperative to write down exactly what the plan has to be.” He also said a president isn’t someone who needs to be heavily involved in policy specifics, which should be handled by “quality” advisers, and echoed McCain’s assessment that there might be a need for a “9/11-style commission” to determine what went wrong with the nation's economy, and to issue recommendations.
He added, though, that McCain — who has struggled to stress his economic credentials this cycle - did have experience dealing with the economy, pointing to his time on the Senate Commerce Committee. Pressed to provide an example of what McCain had accomplished on that committee, Holtz-Eakin said the senator did not have jurisdiction over financial markets - then held up his Blackberry, telling reporters: “He did this.”
WASHINGTON (CNN)–A lawyer for Rep. Charlie Rangel, the chairman of the House Ways and Means Committee, said Monday that the powerful New York Democrat would hire forensic accountants to investigate his financial statements that span two decades.
Lanny Davis said the firm, which has yet to be hired, would review Rangel’s tax returns and other financial documents over the last 20 years and compile a report on any financial improprieties or back taxes the chairman owed. Rangel would pay any back taxes he owed with penalties and would wave the normal three-year statute of limitations, Davis said.
The firm will send its report on Rangel’s finances directly to the House Ethics Committee, which is looking into Rangel’s finances after questions were raised about some real estate transactions. Rangel has admitted he owes $5,000 in back taxes after he failed to report income from a rental property in Florida, according to the Associated Press.
Davis said Rangel said asked for the independent investigation because “he never meant to conceal” his finances.