September 16, 2008
Posted: September 16th, 2008 09:00 AM ET

From
Sen. Barack Obama has tough words for Sen. John McCain during a stop Monday in Pueblo, Colorado.
Sen. Barack Obama has tough words for Sen. John McCain during a stop Monday in Pueblo, Colorado.

WASHINGTON (CNN) - Ever since Sen. John McCain picked Alaska Gov. Sarah Palin for his running mate more than two weeks ago, the Republicans have dominated the headlines.

But as the recent failures of major investment banks on Wall Street remind voters of troubles facing the economy, the Democratic ticket of Sens. Barack Obama and Joe Biden has been able to get back on offense.

"We have reached another major turning point in the campaign. John McCain had all the momentum coming out of his convention with Sarah Palin and dominated the news, [and] was on offense right to the end of this last week," said David Gergen, a CNN senior political analyst. "And there is the opportunity for Obama to seize the momentum back on his side. I don't know if he's going to do it or not. He is trying."

The McCain campaign is not ceding the mantle of change to Democrats, however. It is portraying the Arizona Republican as the best candidate to shake up the Washington bureaucracy that allowed the financial crisis to occur.

Full story

Filed under: Barack Obama • John McCain


The Fab One   September 16th, 2008 2:33 pm ET

Funny how it wasn't tainted when Repugs went after Rev. Wright and Bill Ayers, and that was merely opinion based. This woman (if you can call her that) used her power to ruin someone's life in Alaska (which, living there, life is already ruined as it is).

Sarah Palin and her hillbilly husband should go back to Alaska and stay there. She's like a Roman candle: shoots off spectacular fireworks for a brief minute, then goes dud.

Tainopower   September 16th, 2008 2:08 pm ET

this is the best ever happens to democrats so they rejoy , happyness is back , now we are going to win the white house then? Who care they got what they want. But whit no plan a candidate whit no experience it only going to get worst. Its ok they just going to continue blaming McCain for it.

mac attack   September 16th, 2008 2:08 pm ET

I think our government has failed- -since the gorvernment has been dominated by the repubs for the last eight years i'll vote to give the demos a crack for the next four to see if they can begin to clean up the mess created in the last eight. If that fails I'm outta here!

Joseph   September 16th, 2008 2:06 pm ET

For McCain in PA September 16th, 2008 12:52 pm ET

Some FACTS for the Liberals to think about:
George Bush has been in office for 7 1/2 years. The first six the economy was fine.
A little over one year ago:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) the unemployment rate was 4.5%.
4) the DOW JONES hit a record high–14,000 +
5) American's were buying new cars, taking cruises, vacations overseas, living large!…
BUT American's wanted 'CHANGE'! So, in 2006 they voted in a Democratic Congress and yes–we got 'CHANGE' all right.
In the PAST YEAR:
1) Consumer confidence has plummeted ;
2) Gasoline is now over $4 a gallon & climbing!;
3) Unemployment is up to 5.5% (a 10% increase);
4) Americans have seen their home equity drop by $12 TRILLION DOLLARS and prices still dropping;
5) 1% of American homes are in foreclosure.
6) THE DOW is probing another low~~
YES, IN 2006 AMERICA VOTED FOR CHANGE…AND WE SURE GOT IT! ….

REMEMBER THE PRESIDENT HAS NO CONTROL OVER ANY OF THESE ISSUES, ONLY CONGRESS.

AND WHAT HAS CONGRESS DONE IN THE LAST TWO YEARS, ABSOLUTELY NOTHING.

NOW THE DEMOCRATIC CANDIDATE FOR PRESIDENT CLAIMS HE IS GOING TO REALLY

GIVE US CHANGE ALONG WITH A DEMOCRATIC CONGRESS!!!!

JUST HOW MUCH MORE 'CHANGE' DO YOU THINK YOU / WE CAN STAND?
_____________________________________
you are a joke, you think these problems just popped up. The housing market has been rooted as a fluke for over the past 6 years people were told it would not hold no one listened, Mr Bush has been king veto ever since the democratic congress was in place. you must have failed civics and political science

Southern view   September 16th, 2008 2:05 pm ET

It's not the Washington bureaucracy, its the Wall Street bureaucracy and the corporate bureaucracy who happened to finance the Washington poiticians and buy their votes. Why, quite a few of those folks are on McCain's campaign staff.

Yes, the Democrats have them too, but it's a tough sell for the corporate and Wall Street bureaucrats or Plutocrats would be a better word, to finance the Democrats.

McCain has no leg to stand on regarding fixing the economy. Whatever experience he has, it's been part of the problem, not a solution. He admits himself he knows nothing about the economy. Americans should not be fooled into voting for Republicans because of abortion issues. Another two terms of the Plutocrat America could mean you won't be able to feed your children, not the ones you have or the ones you want to have.

Don   September 16th, 2008 2:05 pm ET

John McCain needs to be careful in his accusations of greed and corruption in Wall Street. Does he imagine the investment bankers are Democrats?

Janice   September 16th, 2008 2:03 pm ET

I see from these comments, Obama definitely has cornered the ignorant un-educated vote.

California Voter   September 16th, 2008 2:03 pm ET

Frankly, both the democrats and the republicans are responsible for the current economic crises. Neither party stood up to the financial interests and sought to maintain some limitations on the market. Greed gets in the way of common sense, and like children who have no boundaries or limitations set, adults let greed take over . . . .!!!! We need leadership that can step up to the plate and make sure that sound regulations set limits that would preclude another Enron debacle, dot.com bust, housing mess, oil market manipulation and the immediate financial market meltdown.

This Won't Work Either   September 16th, 2008 2:02 pm ET

"Today we are seeing tremendous upheaval on Wall Street. The American economy is in crisis. Unemployment is on the rise and our financial markets are in turmoil. People are concerned about our economic future. But let me say something: this economic crisis is not the fault of the American people. Our workers are the most innovative, the hardest working, the best skilled, most productive, most competitive in the world. My opponents may disagree, but those fundamentals of America are strong."
–John McCain
-------------------------------
First of all, his opponents disagree that the "fundamentals of the economy are strong", which is what John initially said yesterday. He came back out and change the definition of "fundamentals" to mean workers or people (damage control). Now he's trying to say that his opponents are against workers, which is not true. His opponents are against John saying that the economy is strong on a day when Wall Street was having a crisis.

John is a liar, and he still doesn't know anything about the economy.

Obama/Biden 08

Election Watcher   September 16th, 2008 2:02 pm ET

Obama the fear monger

Christy F   September 16th, 2008 2:01 pm ET

Wait! But our economy is fundamentally sound!

BOBBY K. FROM BIRMINGHAM, AL.   September 16th, 2008 2:01 pm ET

We need some help America!!!!! It would be insane for people to vote a Republican back into the White House after the current Republicans are ruin this country!!!!!!

When will America finally WAKE UP!!!!!!!!
When we are in a DEPRESSION and in a WAR WITH RUSSIA< CHINA, and IRAN!!!!!!!!!!

I don't want to sound like a PUNK but WE NEED TO GET OUT OF IRAQ, IMPEACH BUSH and HAVE PALIN'S INVESTIGATION with TROOPERGATE!!!!!!!!

CNN post this

Reed   September 16th, 2008 2:01 pm ET

After the whole Wall Street disaster, it's amazing how many people will vote for the same party that got us where we are today. The vast majority of Americans are easily fooled and even more easily led.

OBAMA is our only hope for change!

SONGBIRD MCCAIN   September 16th, 2008 2:00 pm ET

Make no mistake about it. This economic crisis falls completely on the laps of fiscally conservative republicans who reject common sense regulation as well as the current Bush administration which has basically failed in every single action it has taken. And my friends, McCain will continue these policies. So if you reward the GOP by electing McCain, get ready for another Great Depression.

SONGBIRD MCCAIN   September 16th, 2008 1:59 pm ET

As the foreign investors bought more and more, there was more incentive to create and find even more mortgages. They were all bundled together – good mortgages and risky ones. It didn't matter if they were all risky, since there was no oversight and the money was flowing. When the music stopped all those companies were left holding the bag and cried to the GOP gov't to bail them out.

SONGBIRD MCCAIN   September 16th, 2008 1:59 pm ET

Here's a little history lesson nutshell. Foreign investors wanted to put money into the US. Greenspan said no and made it fiscally undesirable for them to do so. So foreign investors wanted a nice secure area with high returns: mortgage bonds. The Enron loophole allowed all the big finance companies (that are now receiving taxpayer money in this administration's version of corporate welfare/corporate socialism) to race each other to buy as many mortgages as possible.

Spencer from VA   September 16th, 2008 1:59 pm ET

Campaigning in Florida with Jeb Bush on stage with you shows poor judgement on your half McSame.

SPQR753   September 16th, 2008 1:58 pm ET

POOR O-L-D M-A-N: he doesn't get it!!!!

Independent for McCain   September 16th, 2008 1:58 pm ET

For McCain in PA,
I"m going to use my comments to repeat yours since they were so brilliant!!!!

Some FACTS for the Liberals to think about:
George Bush has been in office for 7 1/2 years. The first six the economy was fine.
A little over one year ago:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) the unemployment rate was 4.5%.
4) the DOW JONES hit a record high–14,000 +
5) American's were buying new cars, taking cruises, vacations overseas, living large!…
BUT American's wanted 'CHANGE'! So, in 2006 they voted in a Democratic Congress and yes–we got 'CHANGE' all right.
In the PAST YEAR:
1) Consumer confidence has plummeted ;
2) Gasoline is now over $4 a gallon & climbing!;
3) Unemployment is up to 5.5% (a 10% increase);
4) Americans have seen their home equity drop by $12 TRILLION DOLLARS and prices still dropping;
5) 1% of American homes are in foreclosure.
6) THE DOW is probing another low~~
YES, IN 2006 AMERICA VOTED FOR CHANGE…AND WE SURE GOT IT! ….

REMEMBER THE PRESIDENT HAS NO CONTROL OVER ANY OF THESE ISSUES, ONLY CONGRESS.

AND WHAT HAS CONGRESS DONE IN THE LAST TWO YEARS, ABSOLUTELY NOTHING.

NOW THE DEMOCRATIC CANDIDATE FOR PRESIDENT CLAIMS HE IS GOING TO REALLY

GIVE US CHANGE ALONG WITH A DEMOCRATIC CONGRESS!!!!

JUST HOW MUCH MORE 'CHANGE' DO YOU THINK YOU / WE CAN STAND?

PA Independent   September 16th, 2008 1:58 pm ET

And the Republicans claim we should vote for them because John MCCain has learned all about the economy since March of 2008 (no further comment needed there), and Palin has all sorts of executive experience.

Executive experience of what, exactly?

Six years in a town half the size of the one I live in, where we have a very competent part-time mayor who owns and operates his own small business in addition to the "demands" of governing. Small town mayors do a lot of important things, but dealing with national and International policy is not among them.

Then there's her less than two years as Governor of a small state (in every way but geographically) that is politically, economically and culturally isolated from the rest of the U.S. Her televised interview showed me she knows a lot about Alaska (but not as much as she thinks she does if she insists 20% of our energy is produced there), but next to nothing about the rest of the nation she is campaigning to run if something were to happen to John McCain. Scary stuff.

In both of these executive jobs she raised ethical questions, bellied up to the pork trough, and made "interesting" executive decisions like conducting political campaign work from her Mayoral office and running official state business through a personal Yahoo e-mail account. Now her claim to sufficient foreign policy experience is that you can see Russia from an island off the coast of her home state.

Yes, she is candidate for Vice President – to be Number Two to the oldest man ever to run for a first term as President, who has already had cancer four times. In these circumstances, we canno tafford another Dan Quayle (or worse) to be a septugenarian's heartbeat away from the Big Red Button.

anonymous   September 16th, 2008 1:55 pm ET

All the idiotic comments are just plain that – IDIOTIC. All the people blaming the republicans should lose their savings for being so stupid. Look at all the CEOs, corporate and stock broker greed. Therein lies most of the problem with Wall Street!! GREED! The love of money.....

Tom in CA   September 16th, 2008 1:54 pm ET

McCain always says "…I know how to fix it and I know how to get things done." Those things are – fix Washington, fix the economy, capture Osama bin Laden, etc. Unfortunately, McCain offers no specific remedies during his appearances.

McCain is Palin's moose caught in the headlights.

gerry   September 16th, 2008 1:53 pm ET

Obamas economy is looking pretty good...

OBAMA BOOM ECONOMY: RECORD BANK IN BEV HILLS, $28,500 A PLATE!
Tue Sep 16 2008 06:25:55 ET

The nation's financials may be in a spiral, but cash is flowing into the Obama campaign faster than Marvin Hamlisch can play "Niagara"!

Yesterday, Obama declared how we are in "the most serious financial crisis since the Great Depression."

Today he will host a dinner in Beverly Hills - costing attendees $28,500 dollars each!

Hundreds of high rollers, including some of the biggest executives in film, television and music, will munch gourmet chow and hang out with the candidate.

Streisand will then sing at the five-star Beverly Wilshire, no doubt reviving the Depression-era standard "Happy Days Are Here Again" with new urgency.

Obama is set to break a single-day fundraising record of $9 million.

Tuesday's events in Tinseltown come after Obama racked up a record-breaking $66 million dollars in fundraising last month, beating his previous high mark of $55 million last winter.

"The fundamentals of our economy are strong, but these are still very, very difficult times," rival McCain said, sunny-side up.

"Sen. McCain, what economy are you talking about?" smiled Obama.

So thats the economy he was talking about!!!!!

Candia   September 16th, 2008 1:51 pm ET

"And there is the opportunity for Obama to seize the momentum back on his side. I don't know if he's going to do it or not. He is trying."

It would certainly help if the media would actually cover it – he is not only *trying*, he has been *doing* it for months – but the media, it seems, prefers to focus on absurdities.

Susan   September 16th, 2008 1:50 pm ET

McCain is blubbering all day today. he cannot justify what Bush/Cheney and the boys have done. When you vote 90% of the time with Bush, you ARE BUSH, just the extended version. As Biden says, McCain=Bush 45! OBAMA/BIDEN )*!!

Michael   September 16th, 2008 1:48 pm ET

Obama stand a better chance of winning the Washinton guba race if only the republicans will open their eyes and not vote him out been a black man...
Obama for America.

ROGER   September 16th, 2008 1:48 pm ET

Can anyone tell me what knowledge Sen. Obama has with the economy? I am being serious too...please no name calling. I would just like a straight answer as to what his credentials or experience with economic issues is. I don't see anything in his past related to this.

rob   September 16th, 2008 1:46 pm ET

Imagine that the Dems and Obama need the economy and wall street to go into the tank. I am starting to believe they are rooting for more and more economic problems.

The more the american people hurt, the more the Dems think it is good for them. What a platform to run on.

McCain may win in a land slide and bring congress with him.

David P. Santa Rosa, CA   September 16th, 2008 1:46 pm ET

Thank you Wall Street! Maybe even some of you will get a taste of what we "the little people" have been suffering through.

I wonder how many millions were lost by the McCains yesterday?

The Voice of Common Sense (Independent Voter - Charlotte, NC)   September 16th, 2008 1:45 pm ET

How can the American worker be the strength of the economy, McSame, while that worker doesn't even have a job that allows them to work!!!???!!! I can't believe that so-called "educated" men and women say such nonsense!!! For McSame, maybe it has to do with him being rich and the American worker being out-of-work and poor? Out of Touch? Hmmm…I think so….

Baldwin/Castle 08!!!

Vote anything but Republicans   September 16th, 2008 1:45 pm ET

Truely, I can't believe this election is even divided. This should be a slam dunk for democrats. Have people lost their minds even thinking giving these Republicans another four years.

Jack   September 16th, 2008 1:43 pm ET

Criticizing all of congress for this republican mess is just downright dishonest. George Bush and the republicans were the ones that broke the treasury and their past two years of veto's and filibusters have prevented the Democrats from trying to fix the republican mess.

We need a Democratic President and a 60% majority in the Senate to really fix the country.

bill   September 16th, 2008 1:42 pm ET

mcbush is the best to shake up finacel corruption WHERE HAVE YOU BEEN LAST 24 YEARS MCBUSH these repubs will lie cheat steal whatever it takes where is the accountability NO MORE MCCAIN NO MORE PALEN YOU GET AFTER HER HILLARY

facts are facts   September 16th, 2008 1:41 pm ET

I justed posted an opinion on why the McCain lies were designed to take the voters minds off the issues as voters knowing the issues would create more anti McCain votes than voters voting against him because of the lies and his pick of a ridiculous VP. CNN would not print. WHY??????????

Jim   September 16th, 2008 1:39 pm ET

How is McCentury going to change what he can't see is broken? He thinks the economy is fundamentally sound! It's ironic yet fitting that he was actually quoting Herbert Hoover when he said that!

True change will happen when we change the party that's held executive power for the last eight years.

No way, no how, NO McCain!

Cleo   September 16th, 2008 1:39 pm ET

Do you think you could print this one CNN? Wake up America,,,,we need Obama as president. MCain is just more of the same along with his lying Sarah. I have now lost all respect for MCain. He has no integrity left. Obama/Biden 08

Irene   September 16th, 2008 1:37 pm ET

Deregulation.....GREED.....the Bush/McCain philosophy = The Economic Disaster we are in.

Four more years.......DON'T THINK SO!

OBAMA / BIDEN 08

Linda K.   September 16th, 2008 1:37 pm ET

Even if the Democrats had total control for the past two years (which they didn't due to Bush vetoes and Republican filibustering) you can't blame the Democratic congress for the economic mess we're in. That's like completely blaming Hoover for the Great Depression.

These things take time. I think it goes back to Reaganomics and the good old "trickle-down" theory. Bush magnified that, giving business free rein with no regulation or oversight. That's why we're in this mess.

jim bob   September 16th, 2008 1:36 pm ET

The Democrats just like 2004 with john K they tried to pander to everyone. Obama is doing the same thing. He looks weak and does not know how to fight.

The Democratrs need some new advisors theirs suck, stop reading and start attacking. be a Man and step up to the plate and play the game.

8 years of absolute horror for all of our lives and McCain is a joke and he is ahead in the polls?.

Democrats you should be ashamed of how stupid you are. FIGHT, stand for something. You are all weak and worthless that is why you lose.

Obama the change message is old and stands for nothing . Just for once take a stand .

YOU LOOK AND TALK WEAK!!!!!!!!!!!!!!!!!!!!!!!!

COUNTRY FIRST   September 16th, 2008 1:36 pm ET

Don't lie obama..........the democrats have been in power for the last two years and the economy has gone down the tubes.

Phil Newton in Murphy, Oregon   September 16th, 2008 1:35 pm ET

McCain's economic advisor is Phil "Nation of Whiners" Gramm, whose insanely stupid deregulation led to the mortgage meltdown.

And McCain is going to FIX this?

Yeah. Tell me another one.

OBAMA 08

Mark, B'ham., Al.   September 16th, 2008 1:34 pm ET

I hope you Obama Fans think Europen Socialism/Welfare State is what you want because listening to Obama's speeches during the pirmaries that is his and the liberal left in the House and Senates' goal! High Taxes, Nanny State for what you can eat,drive, put your thermostat on, and Unions telling you can go no where because they have a national rail, bus,and trucker strike. I saw that in Europe. Also rationed national health care where it takes months to start chemo-theropy when you have cancer and wait months for surgery. Maybe we will be like Cuba and charge union wages for work and the government give you $20.00 a month but provide everything for you?

P O Dubya   September 16th, 2008 1:34 pm ET

JOE KILOZ-you are delusional. The Democrats have had a one vote majority in the senate. That one vote would be Joe LIEberman. In the senate they have less than the 2/3 required to override a veto. Combine that with the Republicans filibustering like it's the newest break dance, and their hands are effectively tied. The mess we are in now is a direct result of the foxes being allowed to guard the henhouse
Al in Queens-Colin Powell has made many statements praising Obama. Do a little research.

Kel in Auburn, AL   September 16th, 2008 1:33 pm ET

How do you solve problems over the next 4 years that you have screwed up over the past 8? That's a question every American should really think about.

Ken, Pisgah Forest NC   September 16th, 2008 1:32 pm ET

McCain's chief economic wonk, Phil Gramm, is the person most responsible for the mess we are in today. It was the deregulation of banking that has his fingerprints on it that has come back to haunt us. How can McCain be the master of change when it is his people who got us into this mess? His idea of change is to tell us to stop whining.

He is not the Change we Need.

Laverne   September 16th, 2008 1:32 pm ET

It is amazing how the American people refuse to hold the Bush and Republican administration to the fire for what they have done to this country for the past 8 years, simply AMAZING how they can turn the cheek to what is staring them right in the face just because they do not want to support Obama. By the way, Obama is half white and half black. Maybe America would feel better if the half white was more visible. God help us all!

Typical White Person   September 16th, 2008 1:30 pm ET

Uh...for all you Bots who are blaming Bush for this, it was Bill Clinton in 1999 that deruglated the banks removing the safegards that were put in place in 1933 to keep this very thing from happening...again.

Do a search on "Financial Services Modernization Act of 1999" for some unbiased reporting on this.

There is plenty of blame to go around since a Republican Congress also signed off on it but wasn't veto-proof. Try being objective for once.

Felly   September 16th, 2008 1:29 pm ET

McCain is too old and forgetful to remember anything, not to talk of running the larget economy in the world.

MIKE chicago   September 16th, 2008 1:28 pm ET

For McCain in PA
I dont know where you get your facts, but pls you are as misleading as McCain and the rest of the GOP. The last 4 yrs has been consistence rise in pump price, Consumers have been on the receivig end. The nation deficit was as high as never before. What are u exactly talking about. By 2005 we had owe china too much and now we owe excess

Scott Tucson   September 16th, 2008 1:27 pm ET

Well I guess if Obama and his side kick old Joe were to win the WH, than we can lay the blame on any and all hurricanes, stock market crashes, higher payroll taxes, terrorist attacks, Russian invasion of it's neighbors, teenage pregnancies, Iranian expansion of the Middle East, screen writer strikes and the oil crisis on Obama and the Dems. Guess it's a fair exchange.

Baze   September 16th, 2008 1:27 pm ET

Nah, we have a candidate who believes the economy is sound, and his running mate can see Russia from her house. What a great pair!

ONE NATION

Irma in North Carolina   September 16th, 2008 1:27 pm ET

Yes I believe that Obama is the man to fix the economy. May be things will turn around. Like Sarah said it was a task from God for the Iraq war. Maybe finally it is a task from God to bring down Sarah and John in this election. I just dont see how the american people can believe in these two thugs.

GOP Woman for Obama   September 16th, 2008 1:26 pm ET

Yeah everything started going wrong in January 2007...give me a break!!! If you think this has been a good ecomony for the last 8 years then you are living a lie – or you are John McCain! This is a George W. Bush mess, the Iraq war has drained us, our federal debts have crippled us, and the lack of executive oversight is killing Wall Street.

For the first time ever I'm voting for a Democrat and I couldn't be more proud!

gt   September 16th, 2008 1:26 pm ET

i am glad mr credt card is the new mouth for obama

Jamie   September 16th, 2008 1:25 pm ET

It should put the democrats on defense.

It's democrat policies that have helped create this mess.

Google Congress and housing finance 2003.

Congress was pressuring Bush to allow people with bad credit to get loans.

Bush was trying to get some oversight on the housing credit corps.

Then look at who gets the most money from the housing credit corps.

That would be Obama.

Follow the money.

TJ Johnson   September 16th, 2008 1:24 pm ET

Obama, as a US Senator (you know, all that wonderful experience he has had?) is as responsible for the "US Government" as anyone else. If he could have fixed it, he already would have. We live in a commerce-driven economy - it's really up to the citizens of this country to fix our own stuff. We loved it when we could get credit without having to qualify; now we don't love it so much???

LifeLongDemocrat   September 16th, 2008 1:24 pm ET

The economy always does better under a Democratic regime. McCain said recently that he doesn't know much about economics so why are we even asking him. Palin needs to go back to Alaska to ensure tht the streets and highways are plowed. She is a know-nothing who thinks she knows everything.

The American people will continue to suffer under a McCain/Palin administration.

Go back to Alaska and Arizona!

Bill Charlotte,NC   September 16th, 2008 1:23 pm ET

Today, Douglas Holtz-Eakin, a McCain senior DOMESTIC adviser said the following about McCain's policy on the economy...

"a president isn’t someone who needs to be heavily involved in policy specifics, which should be handled by “quality” advisers."

In other words, McCain does not plan on being HEAVILY INVOLVED in policy specifics. Why? Because he, by his own admission he doesn't understand economic issues.

So, when your country is tanking economically, we are supposed to replace the same party with the same party led by a man who does not plan on being "HEAVILY INVOLVED, because he doesn't understand it!

How stupid do these people think we are.

Oh, by the way, Holtz-Eakin also claimed that McCain is responsible for the Blackberry. That is what he said.

No wonder we keep falling for the same line about a "bridge to no where."

Seattle Voter   September 16th, 2008 1:23 pm ET

What happened WITH the SURPLUS? It started with ENRON, THEN OTHER FINANCIAL INSTITUTION, NOW AIG-I feel sorry for the people who are insured with AIG. You don't need to have a degree in ECONOMICS to know what is going on. I just hope voters will come to their senses and vote for the best candidate that can turn the economy around.

the truth now   September 16th, 2008 1:23 pm ET

You invite me to make a comment then you don't post it. Sounds like you don't practice what you preach.

mitchell   September 16th, 2008 1:23 pm ET

mccain discovered fire, long before inventing blackberries.

Obama/Biden 08   September 16th, 2008 1:22 pm ET

Of course! It all makes sense! We need to change Washington by giving the establishment the highest office again! What a brilliant idea!

S. Boatman   September 16th, 2008 1:22 pm ET

This Is What Happens When Republicans Are In Charge! I Aint Wait To Vote For Obama!

Victoria Anderson - Seattle, Washington   September 16th, 2008 1:22 pm ET

The abortion Blog / LoL on McShame and the Blackberry / And now Palin with her Alaska issues.... This is crazy! Reps got the nerve to say Dems are losing, are you serious. Obama/Biden got this all the way to the White House.
You must be a real stupid dummy or clearly a racist or someone who own 7 homes and does not understand the average american to vote for the McShame/Sorry ticket.... This is a real joke.

kevin   September 16th, 2008 1:22 pm ET

Joe Kiloz,

How is that democratic majority going to get anything accomplished with a president who vetoes anything that they try to produce which he doesn't agree with? Although they are a majority they don't have the numbers to make legislation veto-proof.

winningside   September 16th, 2008 1:22 pm ET

Obama and Biden are just as responsible for the problems for Wall Street, Biden Son Hunter is a Lobbist, or should I say He was! But he Convently step down! **why did he get his millions before anyone could find out he was a Lobbist, **Biden is Just as Responsible, He Had his Hands in the till of the American people pockest!! But Nope The CNN Channel dont have the Balls to Air this WHY? Just Remember Obama and Biden When you Point One Finger Three are Stiring Back at you, what in your Secret Clost will come out, you are not off limits either, and if Cnn has any Guts they will investagate this thing about Hunter Biden,

GIGI IN LA   September 16th, 2008 1:21 pm ET

O B A M A-–P R O B L E M---H E --–D O E S---N O T---

H A V E---A ---T A N G I B L E---H I S T O R Y---O F---

E V E R--–A C C O M P L I S H I N G--S O M ET H I N G---

B I G---I N--–G O V E R N M E N T

George from Staten Island   September 16th, 2008 1:21 pm ET

How could that be? both dems and repubs are equally at fault with this messy economy, they (congress and the senate) aren't doing enough to help they're attacking each other and in three weeks aonther well deserved vacation.... ah the pleausre of being on of them

lisa   September 16th, 2008 1:21 pm ET

Ok...so let me get this straight....John McCain will fix the economy without doing anything differently than Bush? That makes sense...
Bush has had his head in the sand (and other places) for 8 years...what is 4 more.
.Maybe McCain and Palin...or as I would call them..."Incontinence and Incompetence"... can distract everyone with another preemptive war....what's a few more trillion dollars down the drain? The "fundementals" are sound....we can take it....
My God this whole McCain/Palin scenario would be funny if it was not sooooo scary....

Phil Newton in Murphy, Oregon   September 16th, 2008 1:19 pm ET

This is what he said in April. The same garbage he spouted yesterday:

McCain: Americans Have Seen Great Economic Progress Since Bush Took Office.

"Since President Bush took office, I think if you look at the overall record and millions of jobs have been created… you can make an argument that there’s been great progress economically over that period of time,” McCain said. (“Money & Politics,” Bloomberg, 4/17/08)

Really?

REALLY?

REALLY!

Kyle, WI   September 16th, 2008 1:17 pm ET

McCan't is not the person for America. We need real change, not trumped up change that really isn't change, but John will tell us that it is.

Obama/Biden
For the Change We Need!

veterans' for obama   September 16th, 2008 1:17 pm ET

Yeah just remember if you have 8 houses, make more than 5 million, "the economy is sound." JMac...your so out of touch, it makes me laugh. However I refuse to let the future of this great country that I have fought for, or my children take a chance on you!

Emma, San Jose, CA   September 16th, 2008 1:17 pm ET

McCain's plan of how he will create needed jobs is empty of details. His
comment about the "fundamentally sound" economy is not the only time he has contradicted himself. He currently takes positions that are a complete turn-around from what he said were right before, such as when he acted more like a gentleman who showed promise as a good leader.

Goodbye to those days.

Virginia Voter   September 16th, 2008 1:16 pm ET

I think since Iraq has been pretty much decided (Obama will end it, McCain will continue it) now the economy is at the forefront, because it continues to be dynamic despite continuing to fall. When it comes down to it, the economy not only drives the lives of Americans but will also drive the issue of Iraq as well – a poor economy will only mean a larger and larger deficit due to spending in Iraq.

Nick - Arlington, VA   September 16th, 2008 1:16 pm ET

vperry September 16th, 2008 12:31 pm ET

I am scared that Obama is a fascist.
---------------------------------–
I am scared that someone would actually believe such foolishness

Mikey   September 16th, 2008 1:15 pm ET

Al – Queens NY September 16th, 2008 12:49 pm ET
The silence exhibited by both Colin Powell and Condolezza Rice proves that Obama's presidential run is fueled by the simple notion of electing the 1st black american president. _____________________________________________
Really? Proves it? Sounds like your just trying to justify your own biased opinion. I'm a 50 year old white guy and I'm supporting Obama simply because he is the best candidate for President, and I felt strongly that way back when there were still about 15 candidates counting both sides. In fact, he's the best I've seen in 9 elections in which I have been eligible to vote. But, perhaps I am not constrained by some sort of racial bias – I try to look at things from a color blind point of view. I don't know about Rice, but I certainly think Powell does too.

rick   September 16th, 2008 1:14 pm ET

why is it the republicans fault, the DEM's are part of the government, so its both faults..

Independent Women for Obama   September 16th, 2008 1:14 pm ET

The Republicans thinks that lieing to the Americans is OKAY. We need to throw out these fools. Don't be fooled America.

Obama/Biden '08

Phil in KC   September 16th, 2008 1:14 pm ET

Good! It's time we got back to the issues. And, right now, the economy is issue #1. The economy suffered under Bush 1, recovered under Clinton, then got even worse under Bush 2. In fact, it's the worst it's been since the Great Depression according to several experts. The Democrats could do no worse. In fact, things could only improve with a change in direction. We will not get that under John McCain.

Joyce, FL   September 16th, 2008 1:13 pm ET

For the first time since the Sarah distraction, I'm feeling better. For once the candidates are getting back to the issues I care about.

Obama/Biden 08

Leona, NH   September 16th, 2008 1:11 pm ET

Dear Paul,

I hope you are right, and I hope the students will rise up for Obama. My nephew asked his mom for a stamp the other day. To her surprise he was sending in his registration to vote. We didn't make a big deal out of it, but we were jumping up and down. It is so wonderful that young people are aware of thier world, and want to make an difference.

Keep up the good work Paul, I know you won't let us down.

Obama/Biden 08

Greg   September 16th, 2008 1:11 pm ET

Obama's plan to bring Socalism to America will destroy our "can do" attitude and any incentive to succeed. After all, if the government punishes people for success by higher taxes, what other outcome is possible?

We sure won't have any incentive as Americans to strive for our American Dream in the socialist America Obama wants to create. The American Dream will die if Obama is elected. I do not want to do better for myself only so the goverment can steal more money and give it to those who are too lazy to GET THEIR OWN JOB and (I know it's a shock) WORK FOR THEIR OWN MONEY!!

Cheesehead, WI   September 16th, 2008 1:10 pm ET

R E P U B L I C A N S——-H A V E—H AD——A ——-M AJ O R I TY—–F O R——-1 2 ——Y E A R S——S I N C E——1 9 9 8—–H O L D——T H EM ——–A C C O U N T A BL E—–F O R——–W A L L——-S T R E E T—–M E S S

Scott Tucson   September 16th, 2008 1:10 pm ET

Seems to me the dems have been in charge for the past few years so it's their mess too. Remember, Pelosi and Reed have lower poll numbers than GWB.

Bob Indianapolis, IN   September 16th, 2008 1:10 pm ET

This current meltdown is a flash back to the one caused by the deregulation during the reign of St. Ron Reagan and his buddy Donald T. Regan. Anyone remember the Depository Institutions Act of 1982 that was supposed to "revitalize" the housing industry by freeing up the S&Ls to make more loans. We know how well that went. People who can't remember history are doomed to repeat it.

Steve, New York, New York   September 16th, 2008 1:09 pm ET

America PLEASE!!!!

Forget this nonsense about lipstick, or moose hunting.

Who do you think is going to get us out of this financial mess: Obama and Biden, or Mr. Bomb Bomb Iran and "Church Lady?"

Eric   September 16th, 2008 1:09 pm ET

Urgent news flash, the Straight talk Express has just ran off the tracks. It has been confirmed that the GOP has lost several Train cars that were containing lies. McCain said in brief statment that the crash was caused by a lack of leadership and vows that McCain/Palin will reform this campain. It is also rumered that Sarah Palin's brain was being uploaded with more of the same and that some of the data may have been lost at the time of the derailment. The GOP say's they will not even consider replacing the lost with the truth because "It would be to risky"

OBAMA the REAL Change   September 16th, 2008 1:09 pm ET

ABORTION is NOT the cause for Wall Street CRASHING, and it’s not why 98% of us STRUGGLE, we struggle because of this sorry economy. McCain saying that the economy is fundamentally strong when (nothing about the damage of Abortion being the reasons for) gas prices sky high, a war that is killing our families in record numbers, food cost is sky high, records of enormous housing foreclosures. Abortions…isn’t that the same ISSUE that Bush USED his FIRST & SECOND election POINTS he used to fool voters the last two elections? If people don’t have money for food, gas, homes, ect…Abortion will be the least worry on our list.

If Abortion was one of the MAIN problem we struggle with today, the REPUBLICAIN candidates would be USING some other REASON to steal your votes.
Obama/Biden 08

faye, NV   September 16th, 2008 1:08 pm ET

How can the Dem do anything in Congress when we have a fail President?

Leona, NH   September 16th, 2008 1:07 pm ET

Joe Kiloz,

You can blame the lastest fiasco on the Dems, but it won't work. George W. Bush and the Rupublicans ran the White House and the Congress for 6 years out of 8. George W. bragged about how he had a mandate from the American people when he won in 2004.

So, the Dems are clear and so is the rest of America as to who's to blame for one to the worst days on Wall Street yesterday. That, coupled with the fact that John McCain said the "fundamentals are strong", shows he's out of touch.

Obama/Biden 08

Yes We Can   September 16th, 2008 1:07 pm ET

Lone Wolf /Donna how about the idiot that vetoes most everything at the endgate over and over I forgot his name but his initials are GWB.
If you believe even a President after 8 years of thiscrooked mess and war they started could repair what tyhese crooks have done over night you are dreaming
/Now have McBush the 2nd andMcCheney = McPhailing Moose doing nothing except lies lies lies the same as the old crooks we have had for 8 years .

Linda from Prescott AZ   September 16th, 2008 1:07 pm ET

Yep the dems have had the majority since 2007. However, hot a big enough majority to undo the mess the republicans have made since 94.
Quit blaming the Dems, the republicans under bush/chaney and worked this demon economy into the current mess and mccain/pailin will continue their policies and failed administration.

OBAMA/BIDEN 08 and 12

Mark, B'ham., Al.   September 16th, 2008 1:07 pm ET

Obama knows about as much about the economy as a fighter pilot. How is he going to create all these new jobs, put the people on the govenment payroll? Industry creates jobs and he plans on taxing them more and raising the minimum wage to please his Union Lawyer Buddies and leave more jobs to go overseas until we work for two dollars a day. Obama may make a great cheerleader for the economy like Bill, but being a liberal like he is he will over regulate not regulate to make it work for Americans.

DWoods   September 16th, 2008 1:07 pm ET

It seems McCain just doesn't get it. Workers will strengthen the economy. In fact, we have an overflow of workers and able-bodied people who are ready to go on day 1. The questions becomes where are the jobs? The answer is gone. Gone from your community, city, state, and country. McCain is full of the same. McCain, McShame, and McSame all rolled up in one and that's just a bit too much. Don't blame it on Congress or Democrats, blame it on the people who have been in control for the last 8 years spending at an outrageous rate. We can start with the unwarranted war, which was the beginning of an unstable economy!

Farrell, Houston, Tx   September 16th, 2008 1:07 pm ET

Have you, the taxpayers, forgotton the Lincoln and Savings and Loan scandal created by John McCain aka Keating 5 that you paid $3.6 billion dollar for the bailout. Well, look at what's happening now and further how deep Is John McCain with Silver Bank that also failed and guess who the CEO of that bank was, none other than John McCain's son. Now John McCain wants the American people to put trust in him in this failing economy. I'm not willing to bail John McCain and his failures out again in my life while he and his family are basking in the sun while it's raining on the rest of America. Enough is Enough.

jr california   September 16th, 2008 1:06 pm ET

T H I S——-J U S T——-I N——-K I L O Z——-H A S——-N O——-I D E A——-W H A T——- H E ' S——-T A L K I N G——-A B O U T——-A N D——-A P P A R E N T L Y——-N O——-L I F E——-CUZ——-I T——-T A K E S——-F O R E V E R——-T O——-T Y P E——-L I K E——-T H I S

H O W——-A B O U T——-N A H H H H——-B R A H H H H?

jimmy   September 16th, 2008 1:06 pm ET

THE FACTS SPEAK FOR THEMSELVES. DEMOCRATS TOOK CONTROL OF CONGRESS UNDER PELOSI ANDTHAY HAVE HAD TWO FULL YEARS !!!!! TO ENACT LEGISLATION TO PREVENT THE CATASTROPHY IN THE STOCK MARKET AND HOME FORECLOSURE PROBLEMS . THEY WENT ON VACATION WHILE AN ENERGY BILL WAS PENDING IN CONGRESS AND NEEDED A VOTE . NOW , BELATEDLY, THE DEMS ARE "RECONSIDERING" VOTING FOR OFF SHORE OIL AND GAS DRILLING AFTER THEY
REALIZED THE AMERICAN PEOPLE ARE OVERWHELMINGLY IN FAVOR OF OIL DRILLING AND ALTERNATIVE SOURCES OF ENERGY. TWO YEARS IS A LONG TIME AND THERE WAS ENOUGH TIME FOR THE DEMS TO START ENACTING LEGISLATION FOR OUR COUNTRY. AT THE VERY LEAST: PROPOSALS , RESOLUTIONS , INITIATIVES TO ""DO SOMETHING""
.ALAS , WE HAVE TO AGREE WITH WHAT SENATOR MCCAIN HAS SAID REPEATEDLY: THE OPPOSITE PARTY WILL FOREGO A VACATION IF THEY WERE VOTING FOR A VACATION OR A PAY RAISE.

Barbara - NC   September 16th, 2008 1:06 pm ET

I trust the Constitutional Scholar.

I do not trust the Navy maverick (maverick=unpredictable and reckless)

Proud to be American   September 16th, 2008 1:05 pm ET

The Democrates know how to fix the Ecconomy the Republicans know how to mess it up... Guess who turn it is now?

Obama and Biden 2008!

Arizona Demo   September 16th, 2008 1:04 pm ET

Let's see, who sits down with Lobbists and writes legislation. Who until recently had control. Oh, thats right Republicans. This meltdown started the day Bush was elected. I seem to recall we had a surplus, the economy was humming along UNTIL WE GOT STUCK WITH THIS ADMINISTRATION. No control on hedge funds, etc, just all the "friends", does anyone remember ENRON?????, THE KEATING 5?????BFF OF MCCAIN??????

Cheesehead, WI   September 16th, 2008 1:03 pm ET

After McCain lost in the 2000 South Carolina primary, he did something unexpected: He confessed to lying about how he felt about the Confederate battle flag, which he actually hated. "I broke my promise to always tell the truth," McCain said. Now he has broken that promise so completely that the John McCain of old is gone forever.

The precise moment of McCain's total lose of honor did not came, at some press conference or on the Sunday shows but on "The View”, Joy Behar, took McCain to task for some of the ads his campaign has been running. One mischaracterized Obama on “lipstick on a pig” - an Americanism that McCain himself has used. The other declared Obama supported teaching sex education to kindergarteners.

"We know that those two ads are untrue," Joy said. "They are lies."

FREEZE!! Close in on McCain. This was the moment. He has been avoiding the press. The Straight Talk Express is now just a slogan like "Home Cooking" or "We Will Not Be Undersold." Until then, it was possible for McCain to say that he had not really known about the ads, that the formulation "I approve this message" was just boilerplate. But he didn't.
"Actually, they are not lies," he said.
Actually, they are.

Now you know the meaning of what Cindy said “they cleaned us to the bone” to reveal the “new repulsive McCain”.

Community Organizer   September 16th, 2008 1:03 pm ET

Apparently McCain was able to both "regulate and de-regulate" the economy.

That shows a real understanding of how the economy works.

Talk about "quality" advising.

NO-NO-NO   September 16th, 2008 1:03 pm ET

P R E S I D EN T--H AS-–N O T H I N G-–T O--–D O-–W I TH--

R E G U LA T I N G--W A L L ---S T R E E T---D E M O C R A T I C-

C O N T R O L LE D--C O N G R E SS ---I S ---I T S --O N L Y–

A N D--C H I E F--R E G U L A T O R

MurphyMorseJohnson   September 16th, 2008 1:03 pm ET

The Dow Jones' 500 point drop was yet another illustration of how Republican economic policy has failed. The timing of McCain's remarks simultaneous to the Dow Jones' disaster that the economy is good illustrates McCain will do nothing to fix the failed policy. After all, if McCain feels the economy is good already, he won't fix what he doesn't feel is broken. Add the fact that McCain has sided with Bush/Republican economics 90% of the time. The net result–the policy of McCain/Bush Republican economics does not amount to change–it embodies the status quo of an economy they feel is good. The smoke screen around McCain's use of the word "change" has been lifted once and for all. It should now be plain for the electorate to see. Only the Democrats will change the economy and must take the offense to implement such change.

Pam   September 16th, 2008 1:03 pm ET

vperry September 16th, 2008 12:31 pm ET

I am scared that Obama is a fascist.
______________________________

I am scared that you're allowed to vote.

jr california   September 16th, 2008 1:03 pm ET

vperry September 16th, 2008 12:31 pm ET
I am scared that Obama is a fascist.

ummmmmm, maybe look up the definition of "fascist" or "fascism"? just a thought...

faye, NV   September 16th, 2008 1:02 pm ET

McCain who has voted with Bush Adm over 90% have shown that his decision making is not sharp neither keen on what is best for we the people.

McCain policies is best for the rich and not the poor.

Deb in Vegas   September 16th, 2008 1:02 pm ET

How did the President of the US or even Congress have to do with the Real Estate market collapse and the subsequent collapse of several mortgage giants and banks?

Neither the President nor Congress provided loans to people who clearly could not afford them once the ARM period was over.

When I applied for the mortgage for my house, I don't remember seeing any members of either the Executive or Legislative branches of the government in the room with me, my husband, and the loan officer. I knew how much I could afford. I knew that based on the earnings of my household that I could not afford a million dollar home.

It's easy to blame the government when decisions, both by the banking industry and consumers, turn out to be wrong ones. But this may be the one time I will defend both the President and Congress.

The collpase of the real estate market set the wheels in motion for everything currently happening on Wall Street. The anger needs to be directed at the shady mortgage brokers who convinced people thay could afford houses they clearly couldn't and for those people who KNOWINGLY bought houses they couldn't afford.

annie - former democrat   September 16th, 2008 1:02 pm ET

Looks like obama should have checked out the Logan's Act before he went to Iraq and asked them to delay US troop withdrawal until AFTER he was elected!

The Logan Act (18 U.S.C.A. § 953 [1948]) is a single federal statute making it a crime for a citizen to confer with foreign governments against the interests of the United States. Specifically, it prohibits citizens from negotiating with other nations on behalf of the United States without authorization.

Luis   September 16th, 2008 1:02 pm ET

What a sad state we are in if we are this close to electing a completely unqualified clown like Obama to our highest elected office.

The true end of an empire........................

Vote McCain or join the insane.....

Barbara - NC   September 16th, 2008 1:02 pm ET

I wonder if Sara will put Air Force One on EBAY?

Interesting thought. Would a 727 carry a president and 10 or 20 people? Hmmmmmmm

Would that save any fuel?

sarah1   September 16th, 2008 1:01 pm ET

hey cnn when are you going to report that story about your obama trying to undermine the us government with regards to troop withdrawal in iraq. considering the fact that YOUR candidate has committed a FELONY under the logan act i would think you people would stop cheerleading for him.

Jorge   September 16th, 2008 1:01 pm ET

In comparing stock market averages from 2001, when Bush took office, to 2008, factor in inflation, which is 1.24. Therefore a Dow Jones Average of 10,000 in 2001 would be equivalent to 12,400 now.

As for blaming the Democrats for the current mess, factor in the fact that Bush threatens to veto and the Senate Republicans filibuster or threaten to filibuster any substantive change in the status quo the Democrats try to put forth.

Deregulation is a Republican battle cry.

Leslie from Nevada   September 16th, 2008 1:01 pm ET

Bills have to go through more than just congress. The president has the power to veto. Let's not forget who started the calamity. $10.3 billion a month spent in Iraq really does add up.

Debby   September 16th, 2008 1:01 pm ET

Yes Obama and you have benefited more than McCAin from one of these failed investment banks. Obama on the economy is a joke when there is a 28thousand a plate fundraiser going on for him tonight with Babs singing and charging 2500 smackers a piece to get in. I guess the economy isn't giving the elite any problems.

Linda from Prescott AZ   September 16th, 2008 1:01 pm ET

Obama will be the next president of the US.
There is no way that people of good conscience could vote for McCain, it is insane.

Anonymous   September 16th, 2008 1:00 pm ET

I said it early on: if this race is close come October, the racism roiling just under the surface is going to become overt. It's only the middle of September, and it's started already from the few wing-nuts on the Ticker. This will get really ugly really soon.

Tired of the Lies   September 16th, 2008 12:59 pm ET

The greatest lie the devil may have told was convincing people he didn't exist....

But the greatest lie the Republicans have ever told is launching three times as many filibusters in the last two years than any other congress in history, and then blaming the "do-nothing" nature of this congress on the Dems.

Fact: For 8 years the Bush presidency slashed government revenues but increased government spending, resulting in record debt and enriching foreign powers. For 6 years the Repub congress deregulated industry. Then the GOP lost congress but subsequently blocked most ensuing Democratic legislation nevertheless.

Now we're living the consequences of Republican policies and tactics, and the Repubs claim it's not their fault, so put them back in power and let them do more of the same.

Sounds good to me!

R. Cooper   September 16th, 2008 12:59 pm ET

Yeah, and Obama is now up in the polls, yet you still have him dead even with McCain. Why does CNN report the "poll of polls" when it favors McCain, but despite the near crash of Wall Street, which is in favor of Obama, there's no mention of it effecting the polls. It is what is, my friends. Believe it. Accept it. Have no fear, Obama will be the next President of the USA!

Stacy from Loudoun County VA   September 16th, 2008 12:59 pm ET

Truth be told, all hands were asleep at the wheel on this both Republican and Democrat, the Executive and Legislative braches and the media. Let’s also included the greedy businesses and the people who thought an ARM was a brilliant idea. The whole system failed. And truth be told, it is going to take all of us to fix this mess.

Jack   September 16th, 2008 12:58 pm ET

I listened to John McCain's economic adviser this morning on NPR and it looks like they want more deregulation as the answer to the economic problems that we are facing.

This is exactly how the Phil Gramm, John McCain and the republicans got us into this mess to start with and now they want more of the same?

I don't have that much left in my 401K account and they want to steal that too?

Regulation was put on the financial market after the Great Depression and now the republicans are going to repeat the mistakes of Herbert Hoover and get us into another depression!

It really is time for a change and the republicans are not going to change their stripes – we need a Democratic President.

Listen Up...   September 16th, 2008 12:58 pm ET

Note about the abortion ad. This is McCain's way of saying stop thinking about the economy...it's about abortion stupid!

Emily   September 16th, 2008 12:58 pm ET

What is the plan of Obama to fix the Wall Street?

Is he planning to restrict short selling? Is he planning to change the way SEC monitors the market? Or is his capital gain tax going to help prevent this? Maybe, he should limit real estate sales tax exemption for people with millions incomes. They are the ones who were flipping real estate then to put us in this situation.

Michael   September 16th, 2008 12:58 pm ET

Sen. McCain, i give you great praise for your service to our Country, but Sir you and your GOP cronies are completely out of touch with what is truely going on in this country.

All you talk about is Ear-marks, but you own VEEP has asked for Ear-marks this year! I agree that, these pork-barrel projects need to be eliminated.
What about the biggest ear-mark of all time, The WAR in IRAQ! A war that was started under completely false pretenses. Billions upon Billions of dollars later, the person most responsible for 9/11 is still at large.
You want to tax our Heath Care premiums? It is hard enough to make ends meet now?
But you want to extend the Tax Cut to Corporations and the Wealthy but do very little to help those that you claim is reason why "The Fundamentals of out Ecomnomy are strong"
Your Running mate has said, over and over and over again that she will reform Washington, of which I might add include you.
Your Running mate said that Alaska is responsible for 20% of the domestic oil production in the country, but it is more like 3.5%.

People are claiming that the Democratically controlled congress is equally responsible, but the FACT is the Democrats do NOT have enough votes to override Pres. Goerge W. (Veto) Bush.

I have head very little, even any thing from you about education.

What about energy independance, other than "Drill Baby, Drill"

What about the Housing Crisis?

Social Security?

Veterans care?

Equal Pay for Equal Work?

Minimum Wage?

Sen. McCain, you talk about Country First, but what Country are you talking about? It seems to me that you are Talking about the "Country Club"

Thank you,

Michael from Nevada

Obama / Biden

Donna from Colorado Springs   September 16th, 2008 12:57 pm ET

McCain is totally clueless about the economy and how to fix it. On the day of the wall street colllapse, he smugly said that the fundamentals of the econnmy were sound. Then, when called on his ignorant statement, he back pedals and says that people are the fundamentals he was referring to! The man couldn't find his butt with both hands and a flashlight! His republican band of idiots are solely to blame for this financial crisis, but he will find a way to blame the dems for this. He always does!The only change he is wants is a change of address for himself and his wife. The republicans can't even come up with an original slogan........they have to steal the dems slogan of CHANGE. He is absolutely Bush 44!

jm for sc   September 16th, 2008 12:57 pm ET

Joe, that won't work because the average voter with a mind of their own knows that the democrats only held a slight majority. It takes 2/3 majority to get things accomplished.

Obama will be a president that will on veto when it is necessary not when it benefits the rich and the well to do.

Obama/Biden 08

Cnn, if I said that then why don't I see it?

Andy - Atlanta, GA   September 16th, 2008 12:56 pm ET

I don't know about McCain inventing the Blackberry... but BLACK BARRY (Obama) is about to invent him a new one!

Spencer from VA   September 16th, 2008 12:56 pm ET

I believe Sen. Obama will stay on offense for now on. The economy is something the GOP wants to stay away from. Sorry guys, it's issue #1. I bet the McLame camp will put a bunch of ads trying to divert the attention off of the economy. It won't work. You're in our crosshairs now Johnny boy!!!

OBAMA/BIDEN 08

jm for sc   September 16th, 2008 12:56 pm ET

Joe, that won't work because the average voter with a mind of their own knows that the democrats only held a slight majority. It takes 2/3 majority to get things accomplished.

Obama will be a president that will on veto when it is necessary not when it benefits the rich and the well to do.

Obama/Biden 08

Get Real   September 16th, 2008 12:56 pm ET

I am so tired of hearing the pathetic lies and excuses that are flowing out of the McCain Camp. "The economy is fundamentally strong".... "Well what I meant to say was that the workers are strong". Give me a break. When is america going to WAKE UP. Do you really want 4 more years of the last 8 we just endured. Palin isn't going to cooperate with the Alaska gov't regarding troopergate. Wow what a surprise... just like Karl Rove got out of jail, none of Bush and Cheney's records needed to be turned over in investigations because it was Executive privileage. Yeah, let's just go on with the same corrupt politics we have been dealing with for the last 8. Cindy McCain felt attacked by The View.... Why because they actually wanted an answer and a straight one to a question on the American public's mind.

Let's WAKE UP America..... They accused Obama of being a celebrity but when you look at the Polls we find out it's turning into a personality vs. issue race. Where is the substance of the people of the American public. We like lipstick and a hockey mom so we are going to vote Republican or are we so ignorant and shallow that some of my white counterparts cant vote for an African American, who actually is African-American and White. Oh Yeah, we keep forgetting that part don't we!!!!!!!!!! While he is part of the African American Race and the White Race ..... more importantly he is part of the HUMAN RACE and is focused on turning this Country around! Why don't we try to focus on that for awhile. Get your heads out of the sand and into the 21st century and look at reality.

Kiah G.   September 16th, 2008 12:55 pm ET

David Gergen he will do it and he is doing it. If he can't steal the momentum on discussing real issues related to the American people vs. lipstick then you're NOT doing your job.

America think for you   September 16th, 2008 12:55 pm ET

I am a Democrat and I am voting for McCain. Oh no! Why are you betraying Barack? You why! Because John McCain had invented the blackberry. I love my blackberry. McCain is know Washington for 30 years, Barack is new to Washington. McCain is smart and does not understand the economy and I am thrill to vote for McCain. McCain is rich and Barack is not. McCain has many houses and Barack does not. If I Americans get evicted from their homes they can get a room each from McCain. McCain is the real deal that will shake up Washington and himself because he is an insider. Sarah Palin is a foreign policy expert because she can see Russia from Alaska Joe Biden cannot see Russia from Delaware. This why I am not voting for McCain.

Dave, Illinois   September 16th, 2008 12:54 pm ET

So let me get this straight: Obama and McCain are US Senators serving in the same Senate under Democratic control for the last two years and McCain is the blame for the economy, but Obama is not? Wow, the Dems must have put McCain in control of the Senate instead of Reid. No wonder Reid despises McCain!
Oh yeah, for you Obamites that do not know how to use a search engine and are junping all over the "Blackberry" comment made by a McCain advisor – here is the exact quote:
“Telecommunications of the United States, the premiere innovation in the past 15 years, comes right through the Commerce Committee. So you’re looking at the miracle that John McCain helped create,” said Holtz-Eakin. “And that’s what he did. He both regulated and de-regulated the industry.”
No claim was made by McCain or his staff about inventing the technology – just about legislating the environment to make innovation attractive. You Obamites are really a piece of ....work.

Glenn; Bakersville, NC.   September 16th, 2008 12:54 pm ET

You can't hold the Democrats responsible when you have a President who threatens to veto any legislation that would help the "working man" and there are still enough republican congressmen in the house to ensure no veto gets overridden without it benefiting their reelection efforts.

November will change all of that though. Democrats will own the House, Senate, and the White House! Maybe then we can undo a small part of the damage that the Bush administration has done to this country.

I personally just hope that a President Obama will not interfere with the War Crimes tribunal when Bush is arrested and held for trial for war crimes and atrocities to humanity by his war in Iraq. If they can take Slobodan Milosevic to trial, they should definitely take Bush on the same charges. He is the true "Butcher of Baghdad" or "Annilator of Iraq". I'd love to see him at the Hague, and pray for it nightly.

John   September 16th, 2008 12:53 pm ET

Blame Bush and Mc Cain on the economy is what the republicans will want you all to believe. It show how ignorant they are.

Bulldog   September 16th, 2008 12:53 pm ET

The Reason for America’s Financial Crisis:

The Gramm-Leach-Bliley Financial Services Modernization Act of 1999 deregulated the financial system by opening up competition among banks, securities and insurance companies and allowed commercial and investment banks to merge.

John McCain voted for this bill along with the entire Republican Senate. The Senate Democrats objected against it. Phil Gramm introduced this bill and was John McCain’s top economic advisor before he was forced to resign but still gives McCain economic advice to this day.

John McCain has a direct responsibility in the financial crisis we are in today along with the banking lobbyists he is employing in his campaign. McCain has supported the very philosophy and mentality that has caused the economy we are facing today. Is that what you want? Another 4 years of this? If you do then vote for McCain.

Eric   September 16th, 2008 12:53 pm ET

lol! I love to get on here and read post by liberals, it makes me feel smart :)

Country (club) First   September 16th, 2008 12:53 pm ET

Joe Kiloz,
Do you know what deregulation is? It happened under the Republican majority, in addition to record-breaking deficits. Now, these same Republicans hold the record for most filibusters of any Congress while in minority. Enough.

Daryl in Seattle   September 16th, 2008 12:52 pm ET

The Dems should never have to be on defense considering the mess these so-called Republicans have put us in. I think the real Conservative Republicans, the ones who actually use their brains, know better than to vote for more gangsters disguised as politicians. If McCain takes office, he'll just be an old guy in a suit who lets these corporations and lobbyists continue to run our country into the ground. Our occupation in Iraq will never end, meaning our tax dollars will continue to go towards the Haliburton's of the nation who charge us $30 bucks just to make a cheeseburger for one soldier over there. Palin will then appoint every childhood friend she can find to staff her office and it will be like watching the political version of the movie 'Clueless' as she is put on strings, told what to do, and continually gets herself into mischief while her husband, "The First Dude", helps her make bad policy decisions even though he isn't an elected official. I mean, what does that guy do for a living?? He's on the campaign trail with her every single day! Does the show "Married with Children" mean anything to you guys??? haha

For McCain in PA   September 16th, 2008 12:52 pm ET

Some FACTS for the Liberals to think about:
George Bush has been in office for 7 1/2 years. The first six the economy was fine.
A little over one year ago:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) the unemployment rate was 4.5%.
4) the DOW JONES hit a record high–14,000 +
5) American's were buying new cars, taking cruises, vacations overseas, living large!...
BUT American's wanted 'CHANGE'! So, in 2006 they voted in a Democratic Congress and yes–we got 'CHANGE' all right.
In the PAST YEAR:
1) Consumer confidence has plummeted ;
2) Gasoline is now over $4 a gallon & climbing!;
3) Unemployment is up to 5.5% (a 10% increase);
4) Americans have seen their home equity drop by $12 TRILLION DOLLARS and prices still dropping;
5) 1% of American homes are in foreclosure.
6) THE DOW is probing another low~~
YES, IN 2006 AMERICA VOTED FOR CHANGE...AND WE SURE GOT IT! ....

REMEMBER THE PRESIDENT HAS NO CONTROL OVER ANY OF THESE ISSUES, ONLY CONGRESS.

AND WHAT HAS CONGRESS DONE IN THE LAST TWO YEARS, ABSOLUTELY NOTHING.

NOW THE DEMOCRATIC CANDIDATE FOR PRESIDENT CLAIMS HE IS GOING TO REALLY

GIVE US CHANGE ALONG WITH A DEMOCRATIC CONGRESS!!!!

JUST HOW MUCH MORE 'CHANGE' DO YOU THINK YOU / WE CAN STAND?

Bulldog   September 16th, 2008 12:51 pm ET

The Reason for America’s Financial Crisis:

The Gramm-Leach-Bliley Financial Services Modernization Act of 1999 deregulated the financial system by opening up competition among banks, securities and insurance companies and allowed commercial and investment banks to merge.

John McCain voted for this bill along with the entire Republican Senate. The Senate Democrates objected against it. Phil Gramm indroduced this bill was John McCain’s top economic advisor before he was forced to resign but still gives McCain economic advice to this day.

John McCain has a direct responsibility in the financial crisis we are in today. McCain has supported the very philosophy and mentality that has caused the economy we are facing today. Is that what you want? Another 4 years of this? If you do then vote for McCain.

sm   September 16th, 2008 12:49 pm ET

And what has come out of this is very revealing.

The Dems have put the blame on the Government or the GOP.
McCain has put the blame on Wall Street.

The US Financial market works on CAPITALISM.

If the Government is to take the blame then the US must have in place a COMMUNIST – SOCIALIST government.

I firmly believe that Obama bin BIDEN will move the US closer towards SOCIALISM with an even bigger government.

Their Health Care Plan is another eye opener.

Obama is too far to the LEFT.

That is why to date he has not defined "CHANGE",

the truth now   September 16th, 2008 12:49 pm ET

LOne star wolf you are an idiot. The democrats don't have enough of a majority to do much of anything without fear of a veto from the bush. In reality the republicans are still in control. Wakeup and smell the dog crap!!!!!!!!!

jfs Memhis, Tn   September 16th, 2008 12:49 pm ET

McCain has left himself open on this when he admitted he is weak on economic issues. Palin has experiencied handling state revenues that have come MOSTLY from oil companies and their HUGE profits .Even then she was govenor during the oil companies boom years. Who couldn't balance budgets with all that greed . Sorry Republicans, you have messed this economy up big time and now it is up to the Democrats to fix it just as they did in the 30's, 40's, early 60's, and 90's. The time is now....and we cannot wait a moment longer.

Al - Queens NY   September 16th, 2008 12:49 pm ET

The silence exhibited by both Colin Powell and Condolezza Rice proves that Obama's presidential run is fueled by the simple notion of electing the 1st black american president. Powell and Rice have political beliefs that are the complete opposite of Obama. But they are struggling to put these differences aside for the sake of history. Translation if Obama was white they wouldn't even consider him for 1 second.

Barbara - NC   September 16th, 2008 12:49 pm ET

The abortion blog closed – no birth control, no abortions.

This leads me to believe the ONLY way to prevent unwanted pregnancies is to castrate all males.

Try that one you evangelical republican men.

Better yet, put your name on a list to be financially and physically responsible for the next unwanted baby – no preferences what color, what illness – NEXT ONE

Truth Be Told   September 16th, 2008 12:48 pm ET

The Republicans are idiots. The economy problems started when Bush took office 8 years ago...the abortion rate has gotten higher...the country is falling apart...the unemployment rate is higher...Wall Street is a mess...and we've lost the respect of the world....I guess the Republicans won't acknowledge a recession until we've actually hit the next Great Depression.... as Republicans keep their eyes closed because their pride won't let them either vote for a Black man or for a "liberal" ticket. News Flash...the GOP deceived you for 8 years...all party lines and "bs" aside... we can't afford four more years of this!

OBAMA/BIDEN '08 – WE NEED YOU DESPERATELY!

Donna   September 16th, 2008 12:47 pm ET

Sure the DEMOCRATIC CONGRESS has been in office since 2007...you think these financial nightmares started last year??are you all that DUMB??? these "GIANTS" started having trouble YEARS AGO and the REPUBLICAN CONGRESS/PRESIDENT did nothing to stop the foundation from coming apart....

Get real...

Open Your 3rd Eye   September 16th, 2008 12:46 pm ET

NO MR. JOE KILOZ-

THIS ENTIRE DISASTER WAS DUE TO FAILED POLICIES FROM THE PARTY YOU SUPPORT.

THE EFFECTS OF THIS ADMINISTRATIONS INCOMPETENCE WERE INEVIDIBLE.

YOUR WAY DOES NOT WORK.

PERIOD-POINT BLANK-END OF STORY-FULL STOP

Anonymous   September 16th, 2008 12:46 pm ET

McCain's senior domestice policy advisor on the economy:

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,
--------------

By far, the most important and frightening statement made this political season.

They have no plan, and the president is not heavily involved in policy specifics... Sound like anyone we know?

Former McCain   September 16th, 2008 12:45 pm ET

It was McCain's lies, stealing, and polarizing divisiveness that caused many Americans to challenge his position, even from me as a former supporter.

His misperception of the fundamentals of the economy are somehow strong only exasperated the issue on the same day Wall Street had the worst loss since 9/11. McCain unfortunately seems out of touch now. Voting Obama this year.

Frank   September 16th, 2008 12:45 pm ET

Democrats have been talking, talking, and talking and doing nothing! Just like their candidate, Nobama!

Jillian, NY   September 16th, 2008 12:44 pm ET

Pay no attention to the economic crisis behing the curtain.

Obama/Biden 08

larry buchas   September 16th, 2008 12:43 pm ET

Republicans always create a black hole with the federal deficit. But now they have added the worse trade deficits of our lifetime.

We're in a credit crunch, jobs washed overseas, home values plummeting, unemployment rising, technology stagnated.

The only rise in America is its religious extremists. Sarah Palin confirms it. We need Obama to bridge many gaps. Otherwise, we're headed toward WWIII.

Corey, DC   September 16th, 2008 12:43 pm ET

Interesting to see how Sen. Obama will play this, though, as the days move on... His economic message is that he is not a Wall Street puppet, as the Republicans are painted to be, so how can he effectively use a Wall Street crisis to really direct an economic message? If the story stays "Wall Street" and not "economy" more generally, I don't think it provides much help to Sen. Obama.

A concerned voter   September 16th, 2008 12:43 pm ET

It could be a long-term effect, from the big government policy, from the Clinton's administration, the same thing as the 9/11 attack in New York not long after after Bill Clinton left office.

WhoIsPalin?   September 16th, 2008 12:43 pm ET

MSM it's the ECONOMY STUPID! and not non-issues like Lipstick on Pigs or McCain Imposed House Hall meetings. Can't wait for the debates. Obama America will be proud to have you as next POTUS. Go Biden give 'em hell!

EBC   September 16th, 2008 12:42 pm ET

HOW MUCH do you wanna bet the Republicans are going to DO WHAT THEY DO BEST...which is BLAME EVERYONE ELSE, BUT THEM!!

John McCain is going to come out and BLAME everyone else for our economic DISASTER!

Blame everyone...i.e., Wall Street, Sen. Obama, Lehman Brother, Merrlll Lynch, AIG, .....Santa Claus, the Tooth Fairy, etc.

It's NEVER FAILS that John McCain and the Republican Party once again NEVER MAN UP in the ROLE they played in both the Mortgage and Wall Street crisis. They continue to lay blame on everyone else but the PARTY who has been in control for the last 8 YEARS!!!

It's just LIKE the Republicans to BLAME THE AMERICAN PEOPLE for their ignorance in allowing these BIG Financial Institutions to run AMUCK for the last 8 years!!! The Bush Administration ALLOWED these mortgage and financial GIANTS to "CHEAT" the American People out of their HARD EARN pension plans, investments, retirement savings, etc.!!

THIS IS NOTHING BUT A DISGRACE, coming from John McCain whose been in Washington for 28+ years and NEVER once voiced his objections to Bush's failed policies.

NOT ONCE did John McCain ever voiced his OBJECTIONS to these BIG FAT CATS in the Financial Institutions when he ran for President back in 2004 and while in the Senate 28+ years?

NOT ONCE did John McCain ever voice that he was going to "reform" the WALL STREET Industry!!

NOT ONCE did John McCain ever voice his objections on the GOLDEN PARACHUTES these CEOs are getting while the American Voters are left "holding the bag" of NO pensions, NO retirement savings, No 401Ks!!

NOT ONCE did John McCain ever voice his objections when families across this country losing their homes!!!

NOW all of a sudden he's out stumping and doing nothing but pointing his finger and blaming everyone ELSE but him and his party.

Unbelievable!! This is truly the POT calling the "Kettle Black"....

Lone Star Wolf   September 16th, 2008 12:41 pm ET

This is a useless story from a useless pack of Do nothing Democrats. They have been in control of the house and congress for the past two years. WHAT THE H...!!! HAVE THEY DONE TO CORRECT THIS CALAMITY.

I'M SURE CNN WILL NOT POST THIS.

JOE KILOZ   September 16th, 2008 12:40 pm ET

D E M O C R A T S---H A V E-H AD--A ---M AJ O R I TY-–F O R-

T H E --P A S T--T W O--Y E A R S-–H O L D--T H EM --–

A C C O U N T A BL E-–F O R--–W A L L---S T R E E T-–M E S S

proud army and navy mom   September 16th, 2008 12:40 pm ET

Besides Keating 5, Mcsenile has been involved in lots of shady deals. He has no honor or decency.

McCain helped a wealthy and generous donor buy land from the Army — complete with special water rights — for a quarter of a million dollars, which McCain’s buddy then sold two years later for $20 million. There’s a term for this — it’s called “influence peddling,” and it’s exactly the kind of thing McCain swears he never gets involved with.

Andy - Atlanta, GA   September 16th, 2008 12:40 pm ET

Who in their right minds would FUND A MENTAL campaign like McCains???

Go Sarah   September 16th, 2008 12:39 pm ET

Repeat after me folks…. good morning Vice-President Sarah…

ah, what a sweet sound …. maybe Obama should relocate to europe

Open Your 3rd Eye   September 16th, 2008 12:37 pm ET

McPlain Camp plan:

Make up another lie.

Silence Dogood   September 16th, 2008 12:36 pm ET

So how about the BiG LOBBY money Obama gets from Wall Street, Oil and other corporations?

I know he says it is not lobby money but that is a lie of course. A "suit" lie, as in they are not technically listed as a lobby blah blah blah. Dude, we can all see you...... even if you hide behind a smile.

Fight corporate politicians like Obama – vote Green Party!

Paul, NY   September 16th, 2008 12:36 pm ET

Students will rise up for Obama in November!
Just wait and see... We arent included in ANY polls, and we are being totally understimated!! Which is GREAT!!

STUDENTS FOR OBAMA!!!- Because America is OUR future!!

Eric   September 16th, 2008 12:35 pm ET

Obama needs to stay on offense, and not just attack offense. Stick to the issues and campaign on "real" change. Don't let them get the spotlight back and don't sink down to their level. McCain will start getting so negative he will bury himself, and as soon as Palin starts getting questioned by the media we'll see what she's really made of. Stay on target Obama.

BOBBY K. FROM BIRMINGHAM, AL.   September 16th, 2008 12:35 pm ET

Go get them OBAMA!!!!!!!!!
The TRUTH WILL SET US FREE!!!!!!!!

Gomab for OBAMA/BIDEN 2008

Shari, NY   September 16th, 2008 12:34 pm ET

If Sen. McCain confidently said that the economic was sound in one breath and contradict himself in another, I am not confident in him.

Ex-mod-GOP for Obama   September 16th, 2008 12:31 pm ET

John McCain has had his chance. He's lost it, along with my respect. Barack Obama for America.

vperry   September 16th, 2008 12:31 pm ET

I am scared that Obama is a fascist.

REG in AZ   September 16th, 2008 12:30 pm ET

The Republicans can’t solve the problems when they simply are the problem. And McCain-Palin’s desperate lying can’t change that but rather just further proves the point; if you can’t trust what they say, how can you ever trust they would change anything? Some may prefer that it would be different but the reality is that the only chance for any real change, which would sincerely benefit the majority of Americans, is with Obama-Biden!

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