September 19, 2008
Posted: 12:00 PM ET

From
McCain said he would fire SEC chairman Cox.
McCain said he would fire SEC chairman Cox.

(CNN) — John McCain's recent comments on the economy aren't just coming under fire from Barack Obama's campaign: arguably the country's most conservative editorial board said Friday the Arizona senator's recent "populist rifting" was downright "un-presidential."

A Friday Wall Street Journal editorial sharply criticized McCain for his recent condemnation of Christopher Cox, the chairman of the Securities and Exchange Committee. The Republican presidential nominee told an Iowa crowd Thursday Cox had "betrayed the public trust" and should be fired.

"Mismanagement and greed became the operating standard while regulators were asleep at the switch. The primary regulator of Wall Street, the Securities and Exchange Commission kept in place trading rules that let speculators and hedge funds turn our markets into a casino," McCain said.

Fact check: Does McCain oppose financial regulation

In the bruising editorial, the Journal said those comments an "assault on Mr. Cox is both false and deeply unfair."

"It's also un-Presidential," the Journal said.

Specifically the editorial says many of McCain's allegations against the SEC were misleading — particularly his claim the SEC allowed "naked short selling" and eliminated the "uptick rule that has protected investors for 70 years.

According to the editorial, the SEC never condoned the practice of "naked" shorting, and has sought to eliminate the practice during Cox's tenure. The Journal also supports the SEC's decision to eliminate the uptick rule, calling it a "Depression-era chestnut" that "protected no one."

"In a crisis, voters want steady, calm leadership, not easy, misleading answers that will do nothing to help. Mr. McCain is sounding like a candidate searching for a political foil rather than a genuine solution," the editorial also said. "He'll never beat Mr. Obama by running as an angry populist like Al Gore, circa 2000."

Filed under: John McCain


PonderOnIt   September 19th, 2008 11:25 am ET

That's called "Shoot from the Hip" Politics.
Act or speak first—think about it or ask questions later.

now is the time for PEOPLE to ACT!   September 19th, 2008 11:25 am ET

CALL and WRITE to your CONGRESSMEN AND SENATORS,

and tell them to SOCIALIZE CORPORATES and PROFITS / PROPERTIES,

before THEY SOCIALIZE CORPORATE DEBTS!

AND THEN, WE THE PEOPLE WILL THROW THE WHOLE WASHINGTON OUT OF POWER IN NOVEMBER

FOR A JUST, FAIR, HONEST REPS who work for the PEOPLE.

gail in kentucky   September 19th, 2008 11:25 am ET

Isn't it funny all the mcCain supporters are not even defending him anymore…. Because they are ashamed!!!!!!!!!! So glad all this is coming out with several weeks left to go… I am beginnig to think that Bill Clinton was right about saying that Obama is going to win BIG!!!!!!!!!!!!!!!!!!!!!!

WI Cheesehead   September 19th, 2008 11:25 am ET

The irony of it all is McCain bragged to being fundamentally a deregulator as well as his fellow GOP/conservatives. With that in mind, the deregulations that have taken place since 1999 have made the US government the biggest player in business. Yes like it or not this is what a bailout means. Taxpayers own Fannie Mae, Freddie Mac, AIG, let’s not forget Bear Stearns. Like it or not “taxpayer ownership” means nationalization. Oh no I didn’t say that. Yes I did, the truth makes you wonna wake up don’t it and they call DEMs socialist. I guess deregulation can’t keep the government out after all now can it?

Pat   September 19th, 2008 11:24 am ET

There is an old saying, give them enough rope and they will hang themselves. Mccain is choking and Palin is hanging on the other end. These two are Cheney and Bush in disguise calling themselves reformers and mavericks!

Steve A. , New Braunfels , Texas   September 19th, 2008 11:24 am ET

And McCain say's he is for less goverment and at the same time wants to create another goverment institution "the MFI" a mortgage and financial watch dog group. A typicle republican,say one thing do the opposite, I remember when Bush said he wouldn"t do any "nation building", here we are dumping 10 billion a month in Irack. thats billion with a B.,all borrowed money. And McCain wants to increase goverment just a little bit more,and more and more…Obama 08, any direction we go is up.

Nancie   September 19th, 2008 11:24 am ET

Does Palin have a measurable IQ?

McCain for Pres.   September 19th, 2008 11:23 am ET

To all who keep saying the adds are lies, some of the adds are about what Obama said when he was running against Hillary, he has changed his stand now, because the polls went down, so it seems like lies, but they really aren't.

Charity   September 19th, 2008 11:23 am ET

Obama bin Ladin is no different…he's got ZERO ideas on how to run an economy!!! He's never even written a bill in his whole life!! Illionios Senior Senators had to write the bills for him and then gave them to him to put on the floor…he wrote NONE OF THEM.

HE's needs to go back and be a community organizer. Noone wants him around. He can go take his island in Hawaii and condescending attitude towards the American people…calling us STUPID at every turn…and shove across that Bridge to Nowhere…b/c that is exactly where he's headed. NOWHERE!!

McCain/Palin 08

Lizfi   September 19th, 2008 11:23 am ET

Didn't anyone see or read the Suzie Orman interview with Larry King? She totally agreed with McCain that Cox did not do his job and should be fired. She also agreed that there is something wrong with short selling as it is now and that regulation needs to be in place. John McCain tried to get some action on Fannie Mae and Freddie Mac two years ago and the deomocratic congress did not act. And by the way, isn't Biden a long standing member of the Senate Finance Committee? What was he doing during this time?
The mechanisms that we have are not working and McCain has offered some reasonable steps. Let's see if congress does its job.

timber   September 19th, 2008 11:23 am ET

I thought it quite presidential. The truth hurts sometimes but someone that is presidential material should have the gall to speak up. Good job McCain.

Jeff an Independent   September 19th, 2008 11:23 am ET

This must be what he means by "We'll break some china" when they arrive in Washington. Indiscriminate idiocy – and bubba buys it.

cj in Ohio   September 19th, 2008 11:23 am ET

The Republican Ticket McCain & Palin

Unstable & Unable

ruth, sc   September 19th, 2008 11:23 am ET

CNN – thanks for "reporting" that McCain doesn't sound Presidential. I suppose Obama does when he tells his supporters to "get in their faces". Where's your "report" on his "Presidential" sounding comment?

MikeH   September 19th, 2008 11:23 am ET

Christopher Cox has made it clear awhile ago he is stepping down at the end of the Bush misadministration.

McCain cannot constitutionally fire Cox anyway. It's all McCain senility b.s.

McCain really really pooched the screw with his initial comment about the economy being fundamentally sound, and he has been pooching ever since trying to dig his way out (but only digging deeper).

Tom in Delaware   September 19th, 2008 11:23 am ET

Well let's see what Barack's going to do.

First he'll wait til everbody else has spoken, then he'll critize what they say.

Then he'll offer (get this) an Economic Stimulus Package (how original) which means he's going to try and buy my vote with my own money, that I'll be earning in 4 or 5 years from now.

Go back to Kenya.

The American People reject you.

McCain/Palin '08

Mike in VA   September 19th, 2008 11:23 am ET

Is this CNN or the Daily Kos? From reading the posts here, it's apparent that either 99% of CNN viewers are extremist liberals who can't get past their hate of all things Republican to even contemplate taking an objective view of this election, or CNN is filtering the comments so only liberals get to express their views. Either way, it's clear that CNN is playing to the extreme left in its reporting and coverage of the election. And it's the liberals who want to bring back the failed "Fairness Doctrine?" Apparently they don't think the leftist views of of CNN, ABC, NBC, CBS, and MSNBC are sufficient counter balance to FOX.

Dodger873   September 19th, 2008 11:23 am ET

Am I one of the only people that are wondering if McCain is in early stages of Alzheimers?

JohnQ   September 19th, 2008 11:22 am ET

I am trying hard to believe you Mcain… but its difficult.
The way the campain has been run with lies has made it difficult to separate what is true from what is false.

You will need to regain our trust….

Sue   September 19th, 2008 11:22 am ET

Fire Chris Cox and hire Phil Gramm???? Enlist totally unqualified Sarah Palin to be VP??? My God Americans, McCain would be a disaster for this country. I never voted for a Democrat for president (I'm 59 years old), but this year will be the first. I'm a Republican for Obama, a Veteran for Obama, and an American for Obama!

MJ   September 19th, 2008 11:22 am ET

First they stole our constitution. Then they stole our money. Why anyone would vote Republican this year is beyond me.

Jason H.   September 19th, 2008 11:22 am ET

People are suffering. Yet we have voters who are willing to elect the same Party who got them where they are today. It's time for a new direction….OBAMA!

La Raza   September 19th, 2008 11:22 am ET

McCain has lost his bearings and his bowels.

Uncle Fester   September 19th, 2008 11:22 am ET

McCain actually said that if he were President HE would fire the SEC chairman. The president does not have the authority to fire the SEC chairman-just another detail McCain does not seem to know

Gidget Goes To Washington   September 19th, 2008 11:22 am ET

Let it go Grandpa. You served our Country well and we all are grateful.Thank you!

It is now time to go home,kick your feet up and take a nap.

Good night Grandpa…sleep tight.

Obama 08

cile   September 19th, 2008 11:22 am ET

John McCain scares me and seems out of touch with reality. Have you noticed that Cindy McCain is always with him? I think she is there to try to keep him from making a fool of himself or going ballistic or both. He is really out there spinning in his own little world.

darko   September 19th, 2008 11:22 am ET

C'mon CNN..try to be just a little less biased about how you moderate the ticker.

Seriously, you've got Obamatards outposting McCain backers at least 20-1. Kinda odd with a statistical tie in the polls.

It's either that or Obama has his crew spamming the ticker day and night until they get closed for comments, so normal people can't post meaningful thoguhts.

Paula   September 19th, 2008 11:22 am ET

I have watched McCain in Senate years back then compared that with his speeches now. It is painfully obvious that he is suffering from some old age related problems. This is sad but true and he is being propped up by the Republicans. His choice in Sarah Palin further confirms this for me. She is one of the least qualified and uneducated candidates I have ever seen.
I am putting "Country First" and voting for Obama.

RM   September 19th, 2008 11:22 am ET

The bottom line is that greed caused this crisis, and we all allowed it to happen. The idea of making money by shaking back and forth has plagued us for far to long. Fire everyone on Wall St. and make them get real jobs. Let's see how they like the unemployment line. – Even better, let's find something that looks like the Bastille and line them all up in front of it.

Just the FACTS   September 19th, 2008 11:21 am ET

If we do not learn from history, we are DOOMED to repeat it!

Does anybody remember the Lincoln Savings and Loan scandal from the 80's (SAME thing happening now) and the Keating Five??? I bet McCain does – he was one of the five. Most people learn from their mistakes, but he just keeps repeating them……over and over and over again.

Wake UP Americans so you don't repeat the same mistake by voting this crook into office!!

Nick   September 19th, 2008 11:21 am ET

If McSame were serious about Wall Street greed, he would be calling on these fat-cat CEO's to fork over some of their absurd earnings to fund this fix! But no, they get to keep their money and the American tax payer will pay to fix this problem. UNREAL! The free market is broken!

Obama/Biden 08   September 19th, 2008 11:21 am ET

It's the liberal media going at McCain again!
Shut up, you commies at the Wall Street Journal!

*rolls eyes* Please tell me that nobody thinks that I was being serious…

Irma in North Carolina   September 19th, 2008 11:21 am ET

Oh John Boy you screwed up again. Nothing unusual for you. Guess the american people are getting on to you.Ya John and sarah this was a task from god, and the task god perforned not wanting her at the rally. Gods biggest task will be letting John and Sarah loose this election. Hey you two what goes around comes around. There is lotza more to come for you too.

Paul   September 19th, 2008 11:21 am ET

This is the best you liberals can come up with. Your boy Obama is found out to be the true Washigton Insider and fraud and yet you want to talk about one dummy?

kevin   September 19th, 2008 11:21 am ET

Bill says:

The WSJ is pandering to its readership, just like the rest of the media does. Facts are irrelevant. The only difference is that the readership of the WSJ is seen to be the naked short sellers and other financial cowboys who have driven this crisis.

Sure, Bill. Sure they are. You'll find the typical reader of the WSJ chained to a tree, chanting kumbaya and eating granola. How's the weather in your own little world today?

Mai   September 19th, 2008 11:21 am ET

Well done McCain again – you are a loser and a lier, and quite incapable of saying and doing anything right.

Even Steven   September 19th, 2008 11:21 am ET

News Flash:

Members of the SEC board, including the Chairperson, CANNOT be fired. I repeat, they CANNOT be fired because they are an independent body. The president CAN appoint members, but they (and read carefully) CANNOT be fired. John McCain doesn't know what the heck he's talking about.

Democrat   September 19th, 2008 11:21 am ET

Oh McShame…you've done it again!

karen-phoenix   September 19th, 2008 11:21 am ET

McCain andhis cronnies are at fault for most of this mess! All the way back to his mess with the Keating 5 when he should have gone to jail!!! He has been head of the commerce commission and deregulated all the rules that were put in place after the crash of 1929 so his cronnies could get rich, rich, and richer and now look what has happened. McCain is the one who should be fired!!!!

Jos/TN   September 19th, 2008 11:21 am ET

I hope this a WAKE-UP CALL for America

Bruce, Chicago   September 19th, 2008 11:21 am ET

McCain is right with that comment! Where has Chris Cox been through all this mess!?!? Hiding to avoid any criticism? Yep. The SEC's mission is to "protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation." Really, well, where have you been? Paulson is doing a heck of a job working to fix an unprecedented mess. Cox has stayed in the shadows like a coward.

LAURA ESPINOSA   September 19th, 2008 11:21 am ET

It is time that the voters take a good look at the lack of grasp for the facts that Mr McCain reveals when he speaks about the economy. It is about time that the media should focus on real issues and not on "Lipsticks on a pig". Our nation is going thru dificult times, and there is a man who understands better that this old goat, who does not remember he is one of the ones who contributed to our economic situation being a "deregulator" as he proudly stated some months back, and now talks about the need to regulate more,Who is he trying to fool?. We should continue to speak about the promise for a better future that Mr Obama brings to this election.
Laura, a Hillary Clinton supporter, a proud democrat for OBAMA

Venus   September 19th, 2008 11:21 am ET

Ha,ha,ha,haaaa!

What a week for McCain/Palin!!!!!!!!!!!!!!!!!!!!!!!!!

They are running aganst their own party(:

Heck in one week we got Karl Rove, WSJ, and many others talking about how bad the McCain is doing.

Go Bam! Take em' down!

grandpafoos   September 19th, 2008 11:20 am ET

Forget the political ads and save the money…….just let McCain and Palin keep talking. The slight lead for Obama will become a wide gap if McPalin doesn't get a cheat sheet on: 1) who are and are not our allies; 2) who are their leaders; 3) what is a solid foundation for an economy; 4) who the President can and cannot fire………… The list just keeps getting longer. I thought it was Palin who was going to get on-the-job training?

Tired in Michigan   September 19th, 2008 11:20 am ET

As Ann Coulter wrote…if Democrats were Smart, they would be Republican!

Wake Up people! The Dems have been in control of the House for the past 2 years…someone explain to me WHY they haven't done something?

Look up the definition of communism/socialism – that's what the ultra-left has to offer. If you want to live in a completely government-run and government regulated state, then go live in China or Cuba (to start).
Yes sometimes we do NEED more government to help deter the mess like we have today. But Obama WANTs more government to create a socialist state. There's a hug difference between wants and needs. HUGE.

JohnJon   September 19th, 2008 11:20 am ET

"""Hillary Supporters for McCain""" Don't trust Wal-Street. They want another "green" politician in the White House so they can do whatever they want. Why do you think they are investing so heavily in Obama.Hahahahahahahahahahaha. Another blind republican with an IQ of their shoe size. And BTW, you were never a Hillary supporter. Another repug liar. Believe me, that is all that party can do well. Lie Lie Lie

s   September 19th, 2008 11:20 am ET

Even the conservative, economic press sees through McCain's incompetence, and even reports it. Freedom of the press is a great thing!

Beth from Virginia   September 19th, 2008 11:20 am ET

He thinks Cox should be fired. He thinks Spain is part of Latin America. He thinks Iraq shares a border with Pakistan. How much more ignorance does this man have to display before the voting public gets it. Just because he's a war hero and he's been around a while, that doesn't make him presidential material.

Donna   September 19th, 2008 11:20 am ET

Christopher Cox's job is ending anyway at the end of Bush's term…McCane CAN'T fire him because he'll be gone anyway…more talk and lies from the senile one!!!

Firing people at this point won't help the crisis anyway..you'd have to bring someone in and WAIT for them to formulate a plan and try to implement it…also forming a COMMITTEE doesn't work either because by the time they come up with solutions/actions, we'd be back in the STONE AGES….

McCain is very good and pointing and yelling out things without thinking about the full picture first…people talk about Obama not having a plan(which is a lie..he has laid out his plan and it's on his website), while McCain's camp said that they didn't have to have details right now and the plan will be released AFTER McCane gets into office…anyone that wants to vote blindly on hope/faith that McCain won't screw them over are fools!!!!!!!

Mike - Portland   September 19th, 2008 11:20 am ET

Palin and McCain (and I put her name first on purpose) are pathetic and clueless. Thanks goodness the WSJ called McCain out. McCain admitted months ago he didn't know much about the economy and he is depending on losers like Carly Fiorina to help him along? Palin was a "dim light" political pick who will provide no support for McCain on the serious issues.

There is blood in the water – GO OBAMA/BIDEN!

David from Ohio   September 19th, 2008 11:20 am ET

I said this before and I will say it again. John McCain WAS a maverick until this year. He is NOT what he used to be in 2000. During the primary, he shifted his position to court the conservatives. He became the Bush 44. As the tide turns, he is moving away from Bush and champions the populist view. This type of flip-flop that goes with the tide does not make him a maverick. Instead, it makes him more like a flip-flopper.

Politics change people. It has certainly changed John McCain!

Independents,NY   September 19th, 2008 11:20 am ET

McCain is clearly off the rails here. I work in a doctors office with mostly geriatric patients, and I must tell you that he appears to have signs of dementia. Has nobody noticed this? Not to be disrespectful or show agism here, but seriously. This election trail has really taken it's toll on him physically, all you have to do is look at him from the beginning of the trail till now and you will see it. Barack Obama's hair has turned grey, and he's young and can take it, so what do you think it will do to a 72-year-old man? His DOUBLE TALK and pandering are almost mind-boggling here. This election has turned into a 3-ring circus and the McCain/Palin camp is largely responsible for this. Our country is looking like a laughing stock around the world as other countries wait with baited breath to see if we are foolish enough to vote another cowboy into office.
INDEPENDENTS IN NY FOR OBAMA/BIDEN '08 & '12

Michael, watching from Canada   September 19th, 2008 11:20 am ET

Just a couple of months ago, McCain stated publicly that he is not good with economics.

Now he is acting as though he is the consummate expert on addressing the most serious problems the world has seen in decades. Now, the real experts are not tolerating McCain's populist positions.

HOW CAN THE AMERICAN PUBLIC HAVE CONFIDENCE IN MCCAIN WHEN HE HIMSELF HAS STATED THAT HE IS NO GOOD IN ECONOMICS, AND THEN CONFIRM THIS INCOMPETENCY BY STATING THAT THE FUNDAMENTALS OF THE ECONOMY ARE STRONG?????

BTM   September 19th, 2008 11:20 am ET

I see nothing un-presidential about McCain's statement. We have become too sensitive to the political correctness mentality. It is refreshing that he is telling it as he sees it candidly. Harry Truman used to do that and he is now admired for it.

Emster   September 19th, 2008 11:20 am ET

Your comment is awaiting moderation.
This is just one more example of McCain being inpulsive and willing to take risks, rather than thinking things through and acting rationally. In limited situations, that trait could be a good thing. But with the domestic and foreign crisis that a President has to deal with, this type of impulsive behavior would be a disaster. Throw in a well-known history of temper and stubborness as well. McCain has exhibited the temperment that is ill-suited for a President. He might be willing to take risks, but I'm not willing to take the risk of McCain for President!!

Jack   September 19th, 2008 11:20 am ET

Tomorrow John won't remember a word he siad.

Elle   September 19th, 2008 11:20 am ET

the fact check link doesn't work, would like to see it

R from Frankfort   September 19th, 2008 11:20 am ET

Uhhh…John, can you say Keating Five? Not all Americans have long term memory loss…if I remember right, you were found to have exhibited "poor judgement" in that messy little S&L scandal. And it's your stated position as a "deregulator" that contributes to this farce.
We might as well believe that Spain is in South America..uh, oh wait…

pjean   September 19th, 2008 11:20 am ET

It is time for a leader with humility, not an opportunist with an insatiable ego. I want experience and Obama just gives me words. Just not enough to make the sale.

McCain/Palin 2008

TC, Fl   September 19th, 2008 11:19 am ET

McCain is SO right, a shake-up is needed and he can do it.

Meanwhile, Obama is going to wait until he can use what the Federal Reserve comes up with as his plan. Sounds familiar.

irish   September 19th, 2008 11:19 am ET

Here come the screaming liberals with there uneducated comments !!!!!!!!!!!!!!!!!!!!!

McCain is right and he should be fired. period !!!

McCain get in there and change Washington. They need a maverick that will stand his ground even if his opinion is not popular !!!!!

McCain/Palin 08!!!!!

Michael in Houston   September 19th, 2008 11:19 am ET

Nice, his own people are turning on him. How many times does McCain have to learn that you saying things just to get elected will not work. You boy GWB got over on America with that, you will not. And why is it that everytime McCain and Palin get called out for the stupidity, all you Repubs on here can say is " well Obama this or Biden that". You never can talk about the facts, or what McCain plan is, or exactly how McCain will be different from GWB. You see, when Obama/Biden gets called out, we either can

1. Clarify the distorted facts
2. Smack our own for his idiocy or mistruth
3. State the whole comment and not just the sound bite.

And that is why this will be the biggest blowout in and Presidental race, ever.

Obama/Biden 08 and 12

lauralee   September 19th, 2008 11:19 am ET

so will there be any kind of criminal investigations in all this? and with the bailouts how do the shareholders and CEOS come out? will these be structured like the AIG deal?

S   September 19th, 2008 11:19 am ET

WSJ IS JUST COVERING FOR ONE OF THEIR OWN. THE TRUTH HURTS. THIS GUY WAS ASLEEP AT THE WHEEL AND HE SHOULD BE ACCOUNTABLE FOR HIS FAILURES. ESPECIALLY WHEN THEY COST THE COUNTRY HUNDREDS OF BILLIONS!!!!

Biff Biffington RETURNS...   September 19th, 2008 11:19 am ET

pretty bad stuff for republicans when he wsj burn you..

Joe citizen abroad in Canada   September 19th, 2008 11:19 am ET

So now the Treasury is going to buy out all the bad mortgages held by the banks. Wow. With a record deficit, how can the US government afford to do that? It would be nice to hear the candidates talk about their alternative solutions to this crisis rather than pointing fingers. My fear is that neither candidate is knowledgeable enough about the economy to speak about it with any credibility.

RLR   September 19th, 2008 11:19 am ET

Should he have been more politically correct, of course. Was he wrong with this observation, HELL NO!! The only thing he didn't do was break out the entire list of heads that need to roll. There is not one hair of difference between this debacle and the crash of '29. Let me see…purchasing on margin to reap the benefits of an artificial market, hoping for endless wealth opportunity …hmmmm…smells like a rat to me, or maybe a horrible game of musical chairs, where we know the music is going to stop, just hopefully not during my spec deal! If we don't learn from history…

American for Obama/Biden   September 19th, 2008 11:19 am ET

John McCain the American People give you a dishonable discharge. Please leave.

An American citizen and I approve this message.

Denise   September 19th, 2008 11:19 am ET

This nation that has been run into financial ruin by egoistical greedy men is in a mess. I wish Barack Obama would drop out of this race and let the idiots that made this mess deal with it. The bottom line is "they" have made it, but if elected HE will, in the end get blamed for it….plus, he will GO into office with a trillion dollar debt that only Jesus will be able to take care of…The same people on here wanting him to win now, knowing the COLOSSAL mess he will be inheriting, will be the same people who, in three years, will be calling him horrendous names and stating he should be impeached….Why waste such an intelligent man on this corrupt Nation. DROP OUT BARACK AND LET THE IDIOTS THAT VOTED FOR BUSH & CO. DEAL WITH THE DECISION THEY MADE EIGHT YEARS AGO!

Diane   September 19th, 2008 11:19 am ET

Old man…old ideas. McIDiot should go back to Arizona and give it up!
He's pathetic!!! And you don't even want to hear my thoughts on Palin!

VOTE OBAMA/BIDEN 08!!!!!!!

Kyle   September 19th, 2008 11:19 am ET

Bush and Company will be leaving us with a pile of economic problems as well as a war that has been costing us literally billions.
Wall Street is an absolute disaster and we have people willing to vote in the very party that got us where we are today. Will Americans ever wake up?!?
VOTE OBAMA/BIDEN FOR A NEW DIRECTION.

Jen   September 19th, 2008 11:19 am ET

Republicans like to talk the talk, but they don't WALK THE WALK.

How many times do Americans need *evidence* of this before they finally see the writing on the wall. Republicans are liars and crooks!!

mark   September 19th, 2008 11:19 am ET

these tickers are so misleading. This was not the Wall Street Journal's opinion. It was an editorial within the paper. Editorials are supposed to be opinionated this is not big news!

We're NOT "your friends"!!!   September 19th, 2008 11:18 am ET

I love how up until about 2 weeks ago all McBush talked about was how he was anti-regulation. Now what do we hear? We need stricter regulation, and commissions and all this crap. Which McCain would we be getting if your elected?????????????????????\

Obama/Biden '08

Janet, Senior W/F   September 19th, 2008 11:18 am ET

No Kidding! Not our out of touch millionaire husband and his neo con veep!

Axl   September 19th, 2008 11:18 am ET

McCain told the Wall Street Journal in March, "I'm always for less regulation."

Freedom Loving Patriot (God fearing too!)   September 19th, 2008 11:18 am ET

My McBlackberry is an Etch-a-Sketch.

Dear Johnny come lately   September 19th, 2008 11:18 am ET

Lets face the facts

without crisis or controversy……Republicans dont have a platform

You must create the storm …..before you can blame the rain.

Everything about McCain is a crisis or a controversy,

This whole thing is a sickening, bloody, joke……and the taxpayer is the punchline

(Got Justice?)

FREDDY   September 19th, 2008 11:18 am ET

I fully believe that McCain is doing what he can. Obama has no clue what is going on and the only reason he is even in this race is because of his race. He can have all the advisors he wants but that won't change the fact that he will do nothing to serve this country only is socialist endevours. I would rather have Palin as president than Obama or even Hillary after she sold out her country.

Vicky from Milwaukee   September 19th, 2008 11:18 am ET

No surprise. There's nothing presidential about McCain or his beauty school drop-out veep candidate.

Tony Radell   September 19th, 2008 11:18 am ET

Sounds like he IS the quick-tempered guy that people have been talking about.

Mark   September 19th, 2008 11:18 am ET

Sometimes people just can't handle the truth. McCain is trying to straighten out the problem and poor Nobama doesn't know what to do.

McCain/Palin '08

John in Ohio   September 19th, 2008 11:17 am ET

Vote Warhawk/Moron 08

proud army and navy mom   September 19th, 2008 11:17 am ET

Did anybody know that g bush's cousin worked at Lehman Bros before they went under:

From the Huffingpost:
Will George Herbert Walker IV be laid off? The President's second cousin is the global head of investment management for now-bankrupt Lehman Brothers, at the managing director level.

So bush was mad because the Fed let Lehman Bros. go under, so he directs mcsenile too talk tough about firing him. Mccain was only doing bush's bidding by saying that he would fire Cox.

Matt   September 19th, 2008 11:17 am ET

Go Obama!

Grace Needed   September 19th, 2008 11:17 am ET

When are the majority of the public going to realize McCain is not the man he once was! He is easily agitated and erratic in decision making, showing signs of early stages of Alzheimer's in repeating himself frequently in 5 min. speeches unscripted and forgetting who his running mate is and where she is from without an index card to remind him. He showed how incapable he is in important decision making when he chose a person who lacks engagement on national issues, let alone international for Vice President without proper vetting. He has flip-flopped on most every issue he once held dear in 2000 when we supported him. He has sold out, been bought out and is only a shell of a man with a brain that is losing it. Why do you think his wife is right next to him wherever he goes? Please Republican leadership, do your job and have his mental stability checked before this craziness gets out of hand.

J.P.   September 19th, 2008 11:17 am ET

It's called shaking up the status quo. I believe that is what he did and will continue to do as president. Some people are going to get mad and uncomfortable when real change is made.

we havent forgotten....   September 19th, 2008 11:17 am ET

as if listening to Rev Wright for 20 years is "presidential"

Elizabeth D   September 19th, 2008 11:16 am ET

McCain is a lier.. when some shows you who they are ..believe them.. he has shown what kind of campagin is going to run.. and what type of character he has.. with lying ads,, flip flop on issues.. and slogan.. terrible VP pick.. seriously.. This man is not competent… and here is his tax plan that will give more to the rich.. the taxes Obama wants the rich to pay are lower then the rich paid when regan was in office.. which was a very prosperous time…
McCain Tax Plan.
Tax Cut of 4.4% for people making above $2.87 Million Dollars a year.
Tax Cut of 3.4% for people making above $603,403 up to $2.87 Million Dollars a year.
Tax Cut of 3.1% for people making between $226,982 to $603,403 a year.
Tax Cut of 3% for people making between $160,973 to $226,981 a year.
Tax Cut of 2.5% for people making between $111,646 to $160,972 a year.
Tax Cut of 1.4% for people making between $66,355 to $111,645 a year.

(The Average American salary falls below here of wich constitutes as the largest percentage of tax payers of over 90% of Americas earnings)

Tax Cut of 0.7% for people making between $37,596 to $66,354 a year.
Tax Cut of 0.5% for people making between $18,982 to 37,595 a year.
Tax Cut of 0.2% for people making less then $18,892 a year.

Thats great that we are giving everyone a Tax break but who is covering the deficit? Who is paying down our Counties debt. Also who benefits most from these tax cuts? Will any of the American people besides the wealthiest ever see a portion of the $269,364 or will this go to Italy, Germany, France and One single construction firm with purchases of large houses, BMW's, Ferrari's and Audi's and Rolls Royces, and above and beyond the cost of Armani Suits and other italian designers?

Obama Tax Plan:
Tax Increase of 11.5% for people making above $2.87 million dollars a year.
Tax Increase of 8.7% for people making between $603,403 to $2.87 million dollars a year
No Tax Change for people making between $226,982 to $603,403 a year.
Tax Cut of 1.9% for people making between $160,973 to $226.981 a year.
Tax Cut of 2.1% for people making between $111,646 to $160.972 a year.
Tax Cut of 1.8% for people making between $66,355 to $111,645 a year.

(The Average American salary falls below here of wich constitutes as the largest percentage of tax payers of over 90% of Americas earnings)

Tax Cut of 2.4% for people making between $37,596 to $66,354 a year.
Tax Cut of 3.6% for people making between $18,982 to 37,595 a year.
Tax Cut of 5.5% for people making upto $18,982 a year.

Mark   September 19th, 2008 11:16 am ET

If everyone likes you it must mean your doing something wrong to "CHANGE" the system.

Go McCain!!! Keep stirring up BOTH sides and get actual RESULTS!!!

Kelby from Houston, TX   September 19th, 2008 11:16 am ET

And I thought that the purchase of WSJ by Murdoch would surely cause them to become a mouth piece for right wing conservitives and neo cons. And here they are skewering McCain.

McCain doesn't know much about the economy anyway

Anonymous   September 19th, 2008 11:16 am ET

McCain would form a Branch of Government to pair down Government

darko   September 19th, 2008 11:16 am ET

…and then Obama followed with "FIRE HIM AND THE ENTIRE ADMINISTRATION! "

Totally presidential there,right?

zorro   September 19th, 2008 11:16 am ET

McCain make a false statement? My God, how shocking that a corrupt lying sack of crap would do such a thing.

MW / Calif.   September 19th, 2008 11:16 am ET

Like I've said before, McCain is reactive. Obama is proactive. Obama offers solutions while McCain offers excuses.

PA Independent   September 19th, 2008 11:16 am ET

When the WSJ is skewering the republican nominee, you know he's in trouble. They are 100% correct in this case, McCain's call for Cox's head was completely out of line and I'm glad his own called him on it. Now if McCain would only ditch Gramm for real!

Ed, Santa Fe NM   September 19th, 2008 11:16 am ET

If McCain wants to yap about betraying the public trust, then he'd better go after Bush, Cheney, Gonzales, Rice, Rove and the rest of the rotten Bush administration. SNEAKING LIARS one and all.

It still amazes that McCain never takes responsibility for supporting this rotten administration of 8 years. He's has guilty as they are and as responsible for the economic mess since he's been in Washington more than 20 years.

But then, McCain doesn't have a clue… looks at the barbie doll he picked for VP!

Rodger   September 19th, 2008 11:16 am ET

Cox only followed the rules and regulations McCain voted for! Don't shot the messenger…blame the people who created the message.
Poor John McCain…he's so out of touch, every day he has to reverse the message he gave the day before. All the while Obama is with his economic advisors trying to come up with a way to clean up the mess Bush and McCain made.

Judith Hennen   September 19th, 2008 11:16 am ET

These comments are just pathetic pandering coming from a guy who holds Phil Gramm in his inner circle. The guy who worked relentlessly to lobby for the kind of anti-regulatory policy that paved the way for this crisis. McCain surely does not get it, or, he does get it and it is too bad that many American's do not know they should be insulted by this "in your face" grab for votes.

kennywest   September 19th, 2008 11:15 am ET

I'm suprised McCain couldn't tie in his experiences as a POW with the troubled economy.

Jane - Indiana   September 19th, 2008 11:15 am ET

In reply to the following comment:

Hillary Supporters for McCain September 19th, 2008 10:53 am ET

McCain warned of the upcoming turmoil from Fannie Mae and Freddie Mac back in 2005. He co-sponsored a bill to do something about this, but it was blocked by the dems

Don't think it could have been blocked by the Dems in 2005 – they didn't take control until 2006.

Truely American   September 19th, 2008 11:15 am ET

Vote for Obama= Vote for total Financial Disaster and Recession.

NO JOBAMA NOWAY

Glenn; Bakersville, NC.   September 19th, 2008 11:15 am ET

Man you know you got it coming when argueably the most conservative paper in NY goes at you. Sen. Obama doesn't have to do too much to Sen. McCain, as he's doing most of it to himself! Just wait for the debates for them & the VP's,… That's when the real fun starts!

Mark in Phoenix   September 19th, 2008 11:15 am ET

What the Republican Party in general and McCain in particular are trying to avoid is the fact that it is their mantra of deregulation and privatization that is to blame.
How many industries and economic sectors need to be bailed out ( airlines, S&L's, and now housing and banking) before they admit that unfettered markets don't work .
Then when there is no more money to be made they then dump it all on the taxpayers and then promise a tax cut to make it all better, as if.

Kevin, NC   September 19th, 2008 11:15 am ET

Who appointed Cox to the SEC? The current Republican Administration! Who is brags about de-regulation? McCain/Palin!!!
Who should be fired? All of those republicans on the local level to Federal Level and McCain/Palin shouldnt be given a chance to make things worse, because trust me, things can get worse. You do realize a Government can go bankrupt and if it does that Uhh guess what? We are all in trouble!!!

Richie   September 19th, 2008 11:15 am ET

You come on you guys (whine whine). She can see RUSSIA from her HOUSE.

Concerned Voter   September 19th, 2008 11:15 am ET

Can someone PLEASE fire McCain and his hype-girl!

JUST SAY NO TO MCCAIN-PALIN!

ELECT OBAMA/BIDEN 2008!!!!!

Rob   September 19th, 2008 11:15 am ET

John McCain is so out of touch with Americans and he thinks the economy is strong – what drugs does his doctor have him taking. He obviously hasn't seen my life savings or peoples houses disappear. In fact he has so many houses he wouldn't know if one disappeared or not. And the blatant lies he and Sarah Palin keep saying – disgusting. I used to respect him but not now. And Sarah Palin, who in their right mind would pick such an inexperienced person. If she can't even talk to the American press or give a press conference how could she possibly handle someone like Putin. She would probably call him her next door neighbour since she can see Russia from Alaska. Just imagine, if John McCain won the election and due to illness could not govern would you really want Sarah Palin as your president. I don't even want to think about it.

Jon   September 19th, 2008 11:14 am ET

Is anyone going to vote for McCain in November?

JB   September 19th, 2008 11:14 am ET

Some advice for you McInSane:

Now is not a good time too mess with the Wall Street Journal and the SEC.

TexicoFrom Mexico   September 19th, 2008 11:14 am ET

This guy is a joke! yeah yeah war hero and pow , give him respect for that but the thing is, this guy has neither the temperment nor the intelligence we need right now. He has been wrong on every issue, his campaign has stolen every idea that Obama has…my gosh people cant you see this? As I have said, give Obama a chance! Don't like him in 4 years vote him out! But we as a country need to try a different change and McCain no matter what he says is just more of the same!

Veterans for Obama

John in Ohio   September 19th, 2008 11:14 am ET

"Fact check: Does McCain oppose financial regulation

What about Obama's FACTCHECK CNN . you won't do it I know may be he doens't even have history to get the facts checked.. then do it on BIDEN"

Biden voted against deregulation and Obama has also always opposed it. Specifically, Biden voted against the Gramm deregulation Act in 1999 that McCain supported and that got us into this mess.

Decades of experience in making the wrong calls and the bad decisions is no experience at all.

Debby   September 19th, 2008 11:14 am ET

The Wall Street Journal has been in the tank for Obama since day one. They have always been critical of anything McCain has to say even if its the truth.

Independent but Leaning   September 19th, 2008 11:14 am ET

Goes to show that McCain walks his own path- he's not in the pocket of anybody- including the conservative Wall Street Journal. This should be comforting to those who wonder if President McCain will pander to the right. The answer is, as it has been throughout his life, NO. He doesn't work for the Republican party; he works for the people of the USA.

We should all be thankful to have an honorable, experienced candidate like Senator McCain to vote for.

HA   September 19th, 2008 11:13 am ET

KEATING 5!!!!!! LOOK IT UP PEOPLE!!!!!

sa   September 19th, 2008 11:13 am ET

Do any of you have jobs?

Oh, I see, Obama supporters want to be supported, that explains everything.

larry   September 19th, 2008 11:13 am ET

Don't worry too much about these two idiots.
The McShame and McLiar are not going to win. American people are smart.
On Montel Williams show, the psychic Sllvia Brown predicted that Obama will win. so you see, destiny cannot be altered.
For those who don't believe astrology,
Common sense tells us that the McDonald and Mrs.Wendy (or aunt Jemima) are not the right people.
Fluffy and Grumpy?No thanks

Transparency please   September 19th, 2008 11:13 am ET

Chris Cox is a fiscal conservative who believes strongly in deregulation just like the real John McCain — not the spinning, gyrating, take a new position every second pandering John McCain.
So John would essentially fire himself. That would be the honorable thing to do.
Bye, John.

Obama/Biden 08

Chris   September 19th, 2008 11:13 am ET

It's call desperation!!

Avi   September 19th, 2008 11:13 am ET

Have you noticed Palin's voice? She sounds like a "valley girl". Hard to believe, but a decade ago she was just another soccer Mom. And now there's the possibility she'll be leading this great nation.

REAL Change   September 19th, 2008 11:13 am ET

V Obama September 19th, 2008 10:49 am ET
We don't need you Evangelists voting for OBAMA we have the momentum now!!
Go back to your McBush!!!
====================================================
Welcome aboard Evangelists, This is a Republican in panic mode acting as if he is a Democrat and will vote for Obama.

REMINDER:::::: McCain pay's his DAUGHTER, her friends and negative Obama blog staff to pretend to be Democrats and make comments appear as if they come from a Democrat……But of course this one needs to go to Alaska and pick up his check…….
Your Performance = 0

Mark   September 19th, 2008 11:13 am ET

How many like John McCain's new idea to form another government Agency to handle this mess. Hire more government workers as if we do not have enough already. Where is John going to pay for this Agency?

McCain states that Obama is not ready to lead because he has not come out with a plan yet. Not true folks, he has his ideas and a good leader does not rush to judgement or make stupid ideas like to form a new Agency and spend more money.

McCain for Pres.   September 19th, 2008 11:12 am ET

Wall Street contributed more to Obama than McCain. Are you surprised????

Walter, Long Beach   September 19th, 2008 11:12 am ET

So when McCain lies about their fellow right-wingers, the WSJ people yelp.

Maybe he should go back to just lying about Barack Obama. The corporate media lackeys have no problem with that.

Jane   September 19th, 2008 11:12 am ET

The guy told you already that he has no clue about economics. You would think some college would've helped.

ginny   September 19th, 2008 11:12 am ET

Those comments are DEAD ON about SEC. Where were they? Since Sarbanes Oxley was initiated large publicly traded corporations are bound by those guidelines. Who was monitoring this? Clearly no one.

Blame McCain? LOL. Right. All the idiots that made millions off the US public are for Obama and working for him.

Alex   September 19th, 2008 11:12 am ET

MACSAME, THANKS BUT NO THANKS; 8 IS ENOUGH.

Erik   September 19th, 2008 11:12 am ET

The cranky old gent not only behaves unpresidentially, he proposes a "new agency" to handle financial crises. MORE governement? This from a Republican?

marilyn jones brantford ontario   September 19th, 2008 11:12 am ET

his running mate has been firing people who displease or oppose her for years. she seems to have got away with it so why not give it a try mr mcbush

Obama- Next Stop.. White House   September 19th, 2008 11:12 am ET

D>>>>E>>>>S>>>>P>>>E>>>>R>>>>A>>>>T>>>>E

The Ship Is Sinking Fast….
People are finally catching on to these Sherades from McClown & McPalin.

Barack Your Vote!!!!

Jay   September 19th, 2008 11:12 am ET

By the way, did you know Sarh Palin can see Wall Street from her house!

John in Ohio   September 19th, 2008 11:12 am ET

McCain's response: Well, I realize the Wall Street Journal has said some pretty harsh things to me recently. But that's familiar for me, I heard a lot of harsh things when I was a POW for 5 and a half years. I didn't have any Wall Street investment accounts when I was a POW. So I think their attacks are just unfair, just like the attacks of the Viet Cong. When I was a POW. POW. POW.

Row row fight the POW-A

ed   September 19th, 2008 11:11 am ET

The republicas will say and do anything it takes to stay in power. Does anybody know what John McCain is for (or against)? It seems to change with every poll taken. It is sad to see him give into the Dark Side of the Radical Core of the Rebublican party

Brenda   September 19th, 2008 11:11 am ET

I'm reading all these Obama '08 comments and I'm thinking to myself, Obama HAS NO experience running a business, running a state, running the country. Obama HAS NO ECONOMIC experience either. You think he is going to lead us out of this trouble. A man who ONLY votes PRESENT? Obama HAS NO PLAN!

I'll take my chances with McCain. He's not afraid to have an actual opinion or actually DO something. He doesn't plan every statement to think how it's going to play on the political campaign trail. And Palin has real experience helping to run a business, running a city, then running a state.

lyman   September 19th, 2008 11:11 am ET

Oh Well The Man is entitled to his opinion. oh well I guess it makes headlines and you folks are entitled to your opinion also. how be it is only an opinion and everyone has one if they are alive…..

Brian   September 19th, 2008 11:11 am ET

It is really telling that the foremost conservative newspaper and source of financial news calls you unpresidential! I don't normally hold with anything the WSJ says, but this time they are right on the mark. McCain is lame and Palin is a pathological liar. OBAMA/BIDEN 2008!

oldsoldierboy   September 19th, 2008 11:11 am ET

McCain has to learn that quick decisions to complicated situations is not always the best answer. His initial response to this crisis was not well thought out and has led to open mouth insert foot. He is being out smarted by Obama.

Obama response was to consult with his financial advisor's and come up with a solution after getting all the facts. That is much more the professional way to handle a complicated crisis like this one.

Cindy   September 19th, 2008 11:11 am ET

MCCAIN'S JUDGEMENT— HE CHOSE PALIN FOR VP!!

Need I say more?

SoCal   September 19th, 2008 11:11 am ET

It's not a matter of firing the chairman of the SEC.
It's time to fire the whole republican administration.
YES WE CAN!

Jean   September 19th, 2008 11:11 am ET

This problem did not happen in one month, it is crazy to expect either candidate to come up with an answer in a campaign speech.
The method each of them use to critically think and make decissions with proper investigation and bringing together experts from all interested parties.

Our finance system is too complicated to "shoot from the hip". It is time for speed of response, blaming, and name calling to STOP!

Maturity and common sence is something we all can do!!!!!!!!

Jimi NY   September 19th, 2008 11:11 am ET

The more I see of McCain and Palin I realize how clueless they actually are. I can't believe that people in this country really want to vote for them.

OBAMA/BIDEN '08
THE LOGICAL CHOICE . . . THE ONLY CHOICE!!!!!!!!!

Kelley   September 19th, 2008 11:11 am ET

Wow…McCain needs to be quiet.

Obama '08!

mitchell   September 19th, 2008 11:11 am ET

obama laid out a 6-point plan. mccain fired someone that doesn't work for him? what's up with that?

Dana   September 19th, 2008 11:11 am ET

Well Thank God for real journalists who further prove the point we have been trying to make- he is shooting from the HIP instead of taking time to look into all the facts and lay out a plan that will work- like Obama is doing… he mocks Obama for not coming up with a plan right away- but something as intricate and complicated as this doesnt have an "overnight" solution… when it comes to the US Economy- there is no room for a rush to judgement like McCain did- and now it backfired on him!
Nevermind the record he has that is tied into all of the Deregulation- what a joke McSame is!

Obama/Biden 08

Doug R.   September 19th, 2008 11:11 am ET

Again…McKeating Five McCain sided with Bush over 90% of the time. He is part of the problem. He is partly responsible (along with Bush and other Republican's) for the economic crisis we face. Hundreds of billions of dollars to fix. This old man is a liar and doesn't know what he's talking about. He deserves to be humiliated in November.

Tax Payer   September 19th, 2008 11:10 am ET

Fire Christopher Cox and hire Phil Gramm??

He orders Palin to cover-up Troopergate but wants to fiire Cox?

Very questionable old man. When will he ever learn…..

TyWebb   September 19th, 2008 11:10 am ET

The rain in Spain falls mainly on McCain…and Palin "ain't no good".

jen   September 19th, 2008 11:10 am ET

On the Daily show jon put up a clip of Palin giving a speech about the economy and she says basically that wallstreet needs to be regulated and in the next sentence she says that government needs to get out of the way-McCain and Palin have no idea what they believe-they definately cannot be trusted especially at this time of financial crisis.

McEmtol   September 19th, 2008 11:10 am ET

It does get clearer and clearer every single…americal has got a decision to make and i hope they dont mess it up under blind loyalty and partisanship. Seems 'putting country first" is a slogan for one campaign but being practised by the other

youth vote   September 19th, 2008 11:10 am ET

god help us all

Typical White Person   September 19th, 2008 11:10 am ET

Funny that CNN forgot to mention that Obama agreed with McCain and suggest they go a step further and fire everyone.

But CNN, being the DNC network, won't point that our or post this comment.

Slash   September 19th, 2008 11:09 am ET

First Rove, then the WSJ. Even the guys on "McCain's side" can't stomach his lies and slander.

Obama '08!

Independent from GA   September 19th, 2008 11:09 am ET

Has anyone noticed that amidst of this economy crisis, Bush hasn't stepped up as a CEO to take charge and direct for a solution? It seems that those who voted for Bush previously should be able to see how out of touch GWB really is with his people. I don't understand how these Republicans are not seeing it when it is so clear?

will   September 19th, 2008 11:09 am ET

What doesn’t make any sense to me is why is John McCain is run under the same political party as Georgia W. Bush (Republican) for the President of America and a party that has a political belief that REGALATION is bad for the free mark (NAFTA) is trying to make the America People believe that he does not support the belief of the political party (Republican) that is fully supporting him.
This is for the entire Republican Party out there. Just remember regulation is bad for free trade (NAFTA), right. You all do still believe in that right? No REGALATION (Transparency) because the GOVERMENT is too BIG!

McCain = no change

Obama/Biden 2008

F Michel   September 19th, 2008 11:09 am ET

"ACCOUNTABILITY" stupid, should be the new slogan for both parties. What I suggest is to simply, but effectively place some "voter accountability" into the mix of suggestions for the future of America.

How about sending a bill to all of those geniuses that voted for BUSH,
Republican, Democrats or other. The bill is to repay the deficit that this ignorant and very imcompetent President has managed or should I say Mis-managed.

Frank , West TN

Jame   September 19th, 2008 11:09 am ET

With my previous experience in Adult Day Care I am concern that McCain maybe suffering from "Dementia". With this in mind I watch him carefully in video where it is apparent. A recent example last night on the Larry King Show he was talking to a group of people about FISH around the OIL RIGS. He also was talking about HEMISPHERE, South America … and babble. I understand he briefly revealed his medical records to a small group of reported.

Should a Presidential Candidate be evaluated Medically and Mentally?

Have a great weekend,

Rudy NYC   September 19th, 2008 11:09 am ET

McCain called for the dismissal of the Chairman, Mr. Fox, if he were President. That's a very revealing statement about what a McCain administration would be like. In a word, Draconian. In others, he would run a bully pulpit, very much like Bush has done.

I say this because it is my understanding that while the post is appointed by the President, the President cannot actually or directly fire the individual filling the post. It would seem that McCain would attempt to do so despite the law.

Cheryl Wilson   September 19th, 2008 11:09 am ET

Thank you, John McCain, for continuing to show me the bottom of the barrell. You have highlighted to the American people what type of president you would be if given the keys to the White House — very unpresidential. McCain is losing his grip on reality.

Bic from CT   September 19th, 2008 11:09 am ET

McCain is right. I believe that the goverment has big time mismanaged all of what is going on to where the tax payer has to bail this out. The thing I have the biggest problem with is we tax payers have to bail out the CEO'S mistakes but yet they get to walk away with million of dollars. They should get jail time not millions of dollars. I think all goverment has a part in this not just the President like everyone wants to blame. Congress should of seen this coming if they were doing there job. The loans given out to people for houses that no way they could afford to pay it back was a huge mistake. McCain called this to happen a long time ago and no one want to hear it. Now everyone is looking at him as the bad guy because he tells it like it is and the fact that he was right all along. If you think Obama is going to take care of the problems in this country you are only fooling yourself. Obama said he can not make up his mine what to do about this problem until he hears what others think we should do. That sounds like a real winner, NOT.

Rosyysor   September 19th, 2008 11:08 am ET

CNN is UnPresidential, UnAmerican, UnInterested in real issues, Uninterested in not slanting the News, Uninterested in reporting to the American people, Unintersted in the betterment of America. Only interested in spinning news things there way.

Shannon, Independent Voter   September 19th, 2008 11:08 am ET

mccain has proven time and time again that he does not know what he is talking about, he is woefully incompetent, just like george bush. A mccain administration would be george bush part 3. Very, very scary possibility.

joann   September 19th, 2008 11:08 am ET

Too bad – whoever is at the top of this mess like Chris Cox should be fired. I want whoever took our money and put it in their pockets to be fired. You only get one shot with our country – one shot. This cox guy is rich – he needs to get out now. they are scammers.

Helene   September 19th, 2008 11:08 am ET

McPain's goose is cooked.

Freedom Loving Patriot (God fearing too!)   September 19th, 2008 11:08 am ET

The term "SOCIALIZE" is used by conservative extremist that have been brainwaished by ultra-right-wing media. If you see someone use that term, ignore them and make room for the more moderate republicans who are SERIOUS about their country.

Shawn - Ga   September 19th, 2008 11:08 am ET

Why are Obama supporters so angry and take personal swipes at people? I just can not understand this. I do understand that most of his supporters who are guilty of this are younger and not as mature and self controlled. Still we are not talking about children you are at least 18. Stop being so mean.

Duke   September 19th, 2008 11:08 am ET

Certainly, John Mccain has had an impact on the US economy, "SNL". Now he wants to create an agency to fix the mess on wall street. what about Frank Keating as chairman? You do have experience, Sir! sorry! your experience in this area is questionable…..

You Can Run But You Can Not Hide!   September 19th, 2008 11:07 am ET

When you are drowning and someone stretches hans hands to rescue you, would check if his skin color is correct, his party affiliation, his religion.. before you accept his help? Be smart and don't get foolagin for another 4 years!
Obama has extended his hands to save USA from drowning, what are you waiting for?

conservative   September 19th, 2008 11:07 am ET

John mc caine is an old creep whose lifetime goal was to be president and wants to be one anyhow.He is not true conservative, not on fiscal issues, or social issues or on immigration.
I just dont know why conservatives should flock around this hoax and vote for him .
we can wait 4 more years and elect true conservative like Palin

Get-it-right America   September 19th, 2008 11:07 am ET

Obama said his economic team would not present a detailed economic plan at this time, "given the gravity of this situation, and based on conversations I have had with both Secretary Paulson and Chairman Bernanke." Obama said he would not present his plan until the Treasury and Federal Reserve presented theirs.

"It is critical at this point that the markets and the public have confidence that their work will be unimpeded by partisan wrangling, and that leaders in both parties work in concert to solve the problem at hand," Obama said.

with this we now know who is more patriotic and love his country.
This guy called Obama may be the most intelligent American President in Recent times, only if Americans who will vote will be intelligent enough.

L. P. Cushwa   September 19th, 2008 11:06 am ET

Hoo-ray for Barack, he is going to get the country out of debt!!!!

Thank you Barack for going after the multi-millionaires; I agree with Joe Biden when he said, “The people making over $250K a year need to step up and pay their far share! I can not wait for the politicians (Barack Obama), movie stars (Barbara Sreisand), pro athletes (A-Rod), news people (Katie Courick) and philanthropist (Warren Buffet) to pay their fair share. That will move the United States out of debt in Barack’s first term! Oh, wait a minute; I forgot these people have CPAs who will use all of the loop holes in the tax codes to not pay any taxes. So, Barack how are you going to pay for all of your entitlement programs you are promising the voters? Inquiring minds want to know.

Danny G. Boca Raton, FL   September 19th, 2008 11:06 am ET

I thought it was a bit of rant when I heard it too… I guess words can come back to bite…

irony   September 19th, 2008 11:06 am ET

Mcsame says he is a fiscal conservative, a populist, a moderate, reformer, an experienced Washington political heavy-weight, an outsider, a maverick, a regulator, a de-regulator and any thing else he can lir about. Just this week he has flip-flopped so many times its very hard to believe he isn't suffering from Alzheimer's disease. The market is sound. The markets is in crisis. I'm for a bailout. I am against a bailout. I am against regulation. I am for regulation. Mcsame's positions on the economy are as volatile as the stock market. Vote for the smart candidate for a change America. We've had enough of your C student conservatives.

inga   September 19th, 2008 11:06 am ET

McCain will say anything….

We DON'T NEED his rash decisions that are often WAY OFF THE MARK in a time like this.

Proud to be American   September 19th, 2008 11:06 am ET

McCain needs to hush… how can he distant himself from the mess we are in … he is Mr. De Regulator and I know Cindy made a pretty penny as she and he is apart of the greedy wall street folks that got fat off us struggling Americans… barely making it from paycheck to paycheck. Now he want to act as if he feel our pain…. sell one of the nine homes you have McBush and through some of that money back into the economy…

Tom in CA   September 19th, 2008 11:06 am ET

Hear that flushing sound? It's McCain flushing the regulations and the regulators down the toilet – just as he did as one of the Keating 5!

Thomas   September 19th, 2008 11:06 am ET

John "Deregulation" McCain and others like him are partly to blame for the current financial crisis. Obama will ensure that corporate welfare, tax cuts for the rich, and the unfettered greed on Wall Street will come to an end.

Obama/Biden '08

Abolish the Fed   September 19th, 2008 11:06 am ET

I doubt anyone commenting on CNN knows the problem lies with the federal reserve and our money system itself.

Blaming republicans or democrats is the ignorant way out.

ron   September 19th, 2008 11:05 am ET

So McCain says set up a MFI – Does he even have an original thought of his own!

Ron Brown   September 19th, 2008 11:05 am ET

Why do we not look back at who caused this mess. In 94 the Democratic President had the rules changed that all banks that were FDIC insured had to live by. Bill and the tax and spend congress made the banks make loans to people that did not qualify, or even come close to qualifying for a loan. Everyone in the financial sector knew this was going to blow up, it was just a question of when. Don't blame Wall Street for the actions of Mr Clinton.

John in Ohio   September 19th, 2008 11:05 am ET

Boy, McCain just doesn't have any friends left outside of ultraconservative religious right churches does he?

J from DC   September 19th, 2008 11:05 am ET

McCain want to fire Christopher Cox, the chairman of the Securities and Exchange Committee. However, McCain's economic advisor is Phil Gramm. The man who created policies contributed greatly to the Economic Meltdown. Yet, McCain has not even fired him from his own campaign. Unbelievable!

ed   September 19th, 2008 11:05 am ET

Once again the republicans offer no solutions, just attacks on other candidates. They seem to forget that they held all the power for 6 of the past 8 years, bringing us such things as financial crisis, scooter Libby, 3 trillion war in the wrong country,

Have we heard any solutions to social security, immigration, health care, jobs, gas & Oil prices, voter fraud.

Barbara Campbell   September 19th, 2008 11:04 am ET

McCain consistently voted for deregulatiion of the banking and insurance industries that led to this economic mess, in lockstep with the Republican agenda that has helped the rich get richer while the taxpayers foot the bill.

Georgia Gal   September 19th, 2008 11:04 am ET

Only one word can describe that editorial … wow!

Pretty tough words.

Shari, NY   September 19th, 2008 11:04 am ET

If McCain was on the gong show he would have been hauled off in a second. He is mixed up as regards his stance on the economy among other things. Latinos, please take note, he is even more geographically challenged where Mexico and Spain are concerned.

Bridget   September 19th, 2008 11:04 am ET

Who is calling the shots in the McCain campaign? Who's behind the curtain? Certainly Senator McCain is not coming up with all his comments and thoughts at this point. It's so surreal the conflicting things coming out of his mouth, now on an hourly basis. It's almost like the McCain of 2000 says one thing and then someone whispers in his ear to say the opposite. What is going on here?

CD   September 19th, 2008 11:03 am ET

THE BEST BLOG POST OF THE DAY GOES TO ANNA MOLLY:

You are so yesterday. That SEC chair thing didn't work out, so right now McCain is in Green Bay blaming the Bush Administration and Congress (of which, of course, he was a part), and accusing Obama of being in bed with the Fannie Mae folks. Usually, the McCain campaign paints Obama as a fluff-headed celebrity, weak, and inexperienced. But that would mean he's innocent in this crisis, as he was in the war, so I guess today it's more convenient to paint him as being in charge.

If you allowed images here, I'd tack on a nice pair of bottle-cap decorated flip-flops for the king of the beer industry, whose own campaign staff is up to its ears in lobbyists (who according to McCain won't get past the White House gate if HE is president), and whose financial adviser Phil Gramm really IS at least partially responsible for this mess.

Anna Molly (Sent Friday, September 19, 2008 9:37 AM)

nelson mcnarland   September 19th, 2008 11:03 am ET

McCain and Palin………………..WHAT GOOFS!

Nick   September 19th, 2008 11:03 am ET

McCain 2000 = Conviction and Maverick
McCain 2008 = Opportunist and Liar

DAVE   September 19th, 2008 11:03 am ET

AMERICA WAKE UP ! The republicans have stolen our national treasury. They have tried it before.. this is not new. DUMP THEM NOW no mcCain and NO PIT BULLS for vice President.. ummm what does a Vice President do anyway ???? Palin doesnt know!!!

NATIONALIZE PROPERTY AND PROFIT   September 19th, 2008 11:03 am ET

BEFORE YOU SOCIALIZE CORPORATE DEBTS!

if you want tax dollars, TAXPAYERS SHOULD HAVE full control over your business practice and profit!

govt may make money from AIG deal, but

i won't see a penny of it

as the same thieves who run wall street

also run washington!

THROW THE THIEVES OUT OF POWER INTO PRISON,

AND WE'LL TALK!

Robert Crowley   September 19th, 2008 11:03 am ET

How much more of this stupid ranting by McPalin will it take for the right to realize that it would be very dangerous to vote for these two. Be afraid, be very afraid if they are elected he will not make it anywhere near 4 years and she will become President. She will be Presiden in name and for the formal prentations but the far right wing neo-cons will be running the country.

If one things we are in two many wars already you have not seen anything like what will happen under Palin.

Freedom Loving Patriot (God fearing too!)   September 19th, 2008 11:03 am ET

ROUND AND ROUND HE GOES

Who McCain is, NOBODY knows!

McWho?   September 19th, 2008 11:03 am ET

Yikes! What's next? Will Hannity call McCain/Palin liars?

Larry   September 19th, 2008 11:03 am ET

I say fire John McCain and Sarah Who?

Stacy from Loudoun County, VA   September 19th, 2008 11:02 am ET

I didn’t think trickle down economics worked, but this recent rash of bailouts proves that it really does. Mega-rich CEOs screw the pooch; bail out with a golden parachute, and then the bill trickles down to the taxpayer. Welfare for the rich…wait until the credit card companies implode…that is Uncle Sam tapping his foot in the next stall.

Go Sarah!   September 19th, 2008 11:02 am ET

ALL THE PUNDITS SAID THAT WHOEVER CAME OUT WITH FIRST STRONG RESPONSE TO THIS ECONOMIC CRISIS WOULD WIN THE ELECTION.

JOHN McCAIN JUST WON THE ELECTION.

Anonymous   September 19th, 2008 11:02 am ET

How can a man who dossen't know how manny house's he owns talk about missmanagment and greed

Mike, Syracuse NY   September 19th, 2008 11:02 am ET

The SEC had oversight for this mess. The SEC failed miserably. If a company did the same thing, the CEO would be fired. Why not Cox?

Praetorian, Fort Myers   September 19th, 2008 11:02 am ET

Well let's see…
What did the SEC do?
What are they chartered to be responsible for doing?
Did they do the things they were supposed to do?

Did the Chairman of the SEC–properly administer and direct the SEC in accordance with the detail and scope of his responsibilities?

I gotta tell you–I can't answer these questions. But before bashing McCain–remember he's got hundreds of economist (and the Economist Magazine in toto) supporting many of his ideas–and contributing facts to his campaign team.

Since McCain is not know for being a lier–I'd say there's a significant element of truth to his statements about the SOON to be FORMER SEC Chairman.

Amy   September 19th, 2008 11:02 am ET

The rats can't jump off the ship fast enough!

Freedom Loving Patriot (God fearing too!)   September 19th, 2008 11:02 am ET

I would have voted for McCain in 2000 but this guy?

I don't know WHO the heck HE is!

beevee   September 19th, 2008 11:02 am ET

The babblings of old McCain on fixing economic crisis by creating another agency reaffirms that he has no grasp on economy or a real solution to fix it. Who is he getting his advice from? He may be old and has spent many years as a senator but his depth of thinking on economic issues is extremely shallow.

Tony   September 19th, 2008 11:01 am ET

Christopher Cox is a hack and should be fired immediately. He's turning this country into a Socialist economy right before our eyes. How dare he give unfair protection to the financial stocks! They should fail for their terrible business practices like a capitalist economy dictates

ffryer   September 19th, 2008 11:01 am ET

Never mind silly McCain – why aren't you people storming the Government offices – really, another bailout for Wall Street; to allow them to erase their bad debts and let them start all over again with a clean slate and the taxpayers are going to guarantee their bad debts is absolutely incredulous; If you erased the debt from your credit card -you will have the credit card maxed out again within a few short months.

When is this theft, before the new government takes place, going to end. All they are doing is ensuring that everyone of Bush's buddies gets their Platinum Parachute before November 4, 2008 and if they don't all go bankrupt November 5, 2008 so what, they got their dollars.

WOW

Independent   September 19th, 2008 11:01 am ET

Well Miyaki it is not news that WSJ "skewers" Obama…Now, if a liberal rag does that like what happen during FISA it is news (as it was then). But a mainly conservative journal strongly chastizing a republican candidate…now that is NEWS.

Nation of Whinners-Ventura ca   September 19th, 2008 11:01 am ET

OK- So when the WSJ people get that mcSAME isn't the answer- it's time America for real CHANGE and LEADERSHIP!
Obama-Biden 08!

SOCIALIZE PROPERTY AND PROFIT   September 19th, 2008 11:01 am ET

IF YOU WANT TO SOCIALIZE CORPORATE DEBTS!

if you want my tax dollars, i want full control of your business practice and profit!

govt may make money from AIG deal, but

i won't see a penny of it

as the same thieves who run wall street

also run washington!

Bulldog   September 19th, 2008 11:01 am ET

Mr. McCain-

I pumped gas in my car 3 times in the last month? Can I be your energy secretary?

Bill - Ann Arbor, MI   September 19th, 2008 11:00 am ET

Ouch! That hadda sting. Well it shows the results of a shoot from the hip kind of guy McCain is. Unstable is NOT what we need in the White House! Think first, react second. Can't really blame poor McCain too much considering he's still foaming at the mouth from the numerous rabid attacks on Obama he simply forgot to turn off that killer instinct when he spoke. Bad boy! No buscuit! hehe
Bill – Ann Arbor, MI

(One of these days CNN will actually post one of my comments. So far 0 for 25 and counting)

DB - Colorado   September 19th, 2008 11:00 am ET

McCain proves again that he is completely out of touch with reality. He is wrong again.

McCain for Pres.   September 19th, 2008 11:00 am ET

The Wall Street Journal contributed more to Obama than McCain. Connect the dots.

Bio   September 19th, 2008 11:00 am ET

I love the CNN blog, It is for us liberal we have sent the conservatives package outside this forum. Good job guys.

Cindy   September 19th, 2008 11:00 am ET

Hey Palin so now both you and your hubby are refusing to cooperate with investigators— So what exactly are you hiding? And if yuo have nothing to hide, then why not just cooperate???

cara   September 19th, 2008 11:00 am ET

McCain does not understand the economy. You would think this was a presidential qualification. No more idiots as president.

Never obama   September 19th, 2008 10:59 am ET

I truly hope that by Nov.4th Americans will be able to see through ALL the LIBERAL LIES.
America, if you allow obama and HIS HANDLERS to get their lying feet through the door, this country WILL NEVER be the same.
Give them a city and they ruin it. Give them a country and they'll destroy it.

VOTE JOHN McCAIN and SARAH PALIN.

Brenda   September 19th, 2008 10:59 am ET

Okay so the WSJ wants someone who won't usher in some transparancy and communicate the issues and support the American people? Sounds to me like the the WSJ doesn't want someone to come in and "turn on the lights". They are supporting the same old same old; the ugly hidden truths that actually mislead the American people. I think there is a lot correct in what McCain is saying. Some of us don't want to be falsely soothed, we want truth, we want to hear what's wrong, we want to turn the lights on, THEN we want to start working on some solutions.

Billy   September 19th, 2008 10:59 am ET

McCain also called for the chairman of the FEC (Federal Elections Commission to resign).

Um, is he confused and meant SEC (the guy he would fire except for that checks and balances thing in the Constitution).

McCain is scrambling and flailing about. His economic policy is: Ready, Fire, Aim!

Brandon - Gahanna, Ohio   September 19th, 2008 10:59 am ET

McSame & Daily Scandal Palin's true colors are in the spot light…FINALLY.

Tom in CA   September 19th, 2008 10:59 am ET

…from a storyteller…

While suturing a cut on the hand of a 75 year old rancher, who's hand was caught in the gate while working cattle, the doctor struck up a conversation with the old man. Eventually the topic got around to Palin and her bid.

The old rancher said, "Well, ya know, Palin is a 'Post Turtle'."

Not being familiar with the term, the doctor asked him what a 'Post Turtle' was.

The old rancher said, "When you're driving down a country road you come across a fence post with a turtle balanced on top, that's a 'Post Turtle'."

The old rancher saw the puzzled look on the doctor's face so he continued to explain. "You know she didn't get up there by herself, she don't belong up there, she don't know what to do while she's up there, and you just wonder what kind of dummy put her up there to begin with."

TheOtherSide   September 19th, 2008 10:59 am ET

America you're better than this.

Maggie VT   September 19th, 2008 10:58 am ET

I am a loss for words. I cannot believe this is the same person of 2000. Actually, I guess I do. He is now showing his true colors. God Bless this country!!!

Liberty   September 19th, 2008 10:58 am ET

I see the De,mocrats are up to their same old dirty tricks. Why do you think the people think their government is logjammed with partisan politics. Teh Democrats are trying to force Palin and her husband to testify so then they can be charged with some dicrepancy under oath just like the scooter libby case. Accuse someone of doing something that isn't a crime then make them testify then find a discrepancy and charge them with this instead of the original nonlawbreaking event. Vote out the Democratic congress for dirty tricks such as this!. We the people need to take back our government and tell them to get on with their jobs instead of using the court system to further their political ambitions. Vote out all Democrats Nov 08!

Zac   September 19th, 2008 10:58 am ET

Well if the WSJ says something, it MUST be true! Thank you liberal media for telling me how to vote! I'm just a stupid redneck and I am so glad you are picking my president for me!

end sarcasm

me   September 19th, 2008 10:58 am ET

Let me get this right… Wall streets puppets are upset at a Republican who criticizes wall street…

Okay, got it.

Jeff Brown   September 19th, 2008 10:58 am ET

Grandpa Munster has no idea what he is talking about!

Republican tired of republicans   September 19th, 2008 10:58 am ET

Miyaki, The reason it is news is becouse the WSJ ia conservative paper. it is supposed to trash Obama not it's own guy. If the NY Times trashed Obama I am sure it would get on the Ticker.

Bob Indianapolis, IN   September 19th, 2008 10:58 am ET

Wow! Pander Bear and Peggy Hill are having a tough week! When Rupert Murdoch comes down on you, you've pretty much alienated both the left and the right. Suggesting transparency in government by attempting to steal an idea that Obama already implimented with a Republican colleague just makes you look ignorant! And trying to dodge an investigation that was going on before you were selected without being vetted….Can't blame anyone for that but yourself and your disfunctional family…Sheesh!

Tom   September 19th, 2008 10:57 am ET

What we should fire is the Republicans from running this country. That's what we should fire. Changing the faces won't do, it's their philosophy that's wrong. The WSJ is right on one thing. McCain's impulsive leadership is dangerous for the country!

sallie   September 19th, 2008 10:57 am ET

When folks take the party rhetoric and the personality popularity out of all this bickering and fighting, the country finally wakes up to the reality that Mccain is completely out of touch with this economy….and with this century.

Lucie   September 19th, 2008 10:57 am ET

We need a clear headed Leader like Obama who knows how to deal with the economy.Not like McCain who does not get it on the real issues…. what do you expect from a guy who does not even know how many houses he has got.
Obama/biden 08

John   September 19th, 2008 10:57 am ET

"YOU WILL KNOW THEIR NAMES!" – Those names are John McCain and
George Bush.

Jill   September 19th, 2008 10:57 am ET

I gave up on John McCain as soon as he chose Palin for his V.P. I knew then, he was off the mark. It's too bad. The ticket, I think, is finished.

babs-toronto   September 19th, 2008 10:57 am ET

sure use the Palin doctrine and fire anyone who doesn't agree!

Cathy   September 19th, 2008 10:57 am ET

"In a crisis, voters want steady, calm leadership…"

MCCAIN IS NONE OF THE SORTS!!!! Obama has the judgment, temperament, experience and leadership this country so desperately needs and wants.

Pete   September 19th, 2008 10:57 am ET

Wow, Senator McCain…you know you have no friends at all now (except at Fox). When a traditionally right-wing periodical criticizes you, you're threatening your own fiscal conservative base.

Quick tip – You can't please everyone, so choose a message and stick to it.

By the way, I hope the Obama campaign and the rest of the MSM jumps on this one and shows you for what you really are – a lying panderer to everyone who is just trying to get a position of power.

Obama / Biden '08

therealist   September 19th, 2008 10:57 am ET

The WALL STREET JOURNAL is arguably the country's most conservative editorial board??

Well then…, that clearly makes you guys the far left-wing radical liberals you've shown yourselves to be over the last 15 yrs…, no arguments about it.

BOBBY K. FROM BIRMINGHAM, AL.   September 19th, 2008 10:57 am ET

Well another lie. Misleading campaign ads further acknowleges Mccain desparate desire to winn the election. People are finally starting to see the lies come out of McCain/Palin. He dosen't know geography, economy, education problems, employment issues and continues to allow Palin to make a fool out of herself by being so clueless!!!!!!! Being strong on terrioism and starting senceless WARS will not make him a good president!!!!!

beth   September 19th, 2008 10:56 am ET

I was at that rally in Cedar Rapids. They weren't listening to what he said anyway. It was like a friggin' chucky cheese's with kids and Palin adoring moms everywhere. If stay at home mom's decide this election, McCain wins. God help us.

American   September 19th, 2008 10:56 am ET

McBush and Pain Lin are becoming synonymous with Lying.
They will do anything to get elected. Where is country first?

Cindy   September 19th, 2008 10:56 am ET

PALIN/MCCAIN— Their own weakest LINK!

As non-transparent as they come!

They's both buckets of FLUFF!

Bob Indianapolis, IN   September 19th, 2008 10:56 am ET

Wow! Pander Bear and Peggy Hill are having a tough week! When Rupert Murdoch comes down on you, you've pretty much alienated both the left and the right. Suggesting transparency in government by attempting to steal an idea that Obama already implimented with a Republican colleague just makes you look stupid! And trying to dodge an investigation that was going on before you were selected without being vetted….Can't blame anyone for that but yourself and your disfunctional family…Sheesh!

arthur a. from Boston   September 19th, 2008 10:56 am ET

Just another flip flob by McCain. Seems he will say anything, blame anyone except admit he may have contributed to worsening things, as long as he will get votes to be President. Not the same old fighter of 2000, just another Republican creating falsehoods, avoiding testifying, not answering supenas, hiding from the truth. Wonder how much he and his wife have made from all the on Wall Street. He is a 'Johnny Come Lately" Who would he like to put in Cox's place, his wonderfully experienced VP nominee or maybe better the husband who also doen't like to answer questions. Too phonies.

Barack   September 19th, 2008 10:56 am ET

Of course, Obama didn't oppose the firing either. In fact, he went further, right? Oh the devil's in the detail

Freedom Loving Patriot (God fearing too!)   September 19th, 2008 10:56 am ET

Rich Republican = McCain

If you ain't Rich and your republican, than you're a sucker.

filterq   September 19th, 2008 10:55 am ET

As a trader I would like to tell everyone the uptick rule does make a differance. I have traded with the rule and without the rule and it makes it much more difficult for stocks to get beat down. Also, for years Cox has not enforced naked short selling. I have had colleagues do naked shorting all the time and have never seen anyone even get a letter from the SEC. Chris Cox should be fired!!

b   September 19th, 2008 10:55 am ET

McCain has no clue about financial and econimic issues. Neither do I, but I am not running for President. Bush and then McCain will be disasterous! Too bad Mrs. Clinton it not going to be able to fix it, yet!!!

mitchell   September 19th, 2008 10:55 am ET

mccain dont know 'bout economic stuff!

Rob   September 19th, 2008 10:55 am ET

Mr. McCain's response to the economy over his 26 years has been to eliminate regulation and he's been very successful at it. This success has helped create the financial problems that are occuring right now. But as he has shown in this campaign he is willing toss aside his reputation, principals and honor to gain votes he now supports regulations and laws which he has opposed his entire political career. the only thing Mr. McCain has been able to clearly show this election is that he willing to say or do anything which will give him an advantage including picking the most unqualified person to be one heartbeat from the most powerful office in the world. That judgement alone should be enough to ensure he never makes it to the Whitehouse.

Bulldog   September 19th, 2008 10:55 am ET

"In my administration we're going to hold people on Wall Street responsible and we're going to enact and enforce reforms that make sure that these outrages — and they are outrages — never happen in the first place," McCain said

But wait, this is completely opposite of what McCain has supported and stood for the last 20 plus years.

"As far as a need for additional regulations are concerned, I think that depends on the legislative agenda and what the Congress does to some degree, but I am a fundamentally a deregulator." McCain March 2008 Wall Street Journal

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? Look it up, McCain has truly supported DEREGULATION throughout his career and now all of a sudden he is FOR regulation.

"I'm John McCain and I approve this lie"

Palin on Iran "I'm Clueless aren't they neighbors"   September 19th, 2008 10:55 am ET

We said don't vote for Bush…the writing is on the wall and they did. So whoever the president maybe, i want everyone who voted for bush to lose their savings, retirement, pension, homes, and jobs if need be. No Government bail out with my tax dollars for banks.NO NO NO, these people need to vote issues in the elections or they can go down like everybody else. No to the 1 trillion for saving banks. NO NO NO

Calab   September 19th, 2008 10:55 am ET

Tomarrow, we'll hear John McCain trying to explain how he was taken out of context. He'll have a hard time explaining his way out of this one….sexism maybe?!

Freedom Loving Patriot (God fearing too!)   September 19th, 2008 10:55 am ET

Rich White Republican = McCain
Rich White Republican's Greed = Less Regulation
Less Regulation = Runaway Greed

YOU DO THE MATH!

OregonGal   September 19th, 2008 10:54 am ET

Finally, people taking notice of McCain's brash decision making style. Does anyone think McCain's approach to war would be any different?

Brandon   September 19th, 2008 10:54 am ET

This is just a continuation of the McCain tactic, flat-out lies repeated often become the truth. Modern history has never seen a presidential campaign with such disregard for honesty. This man cannot be the future of the US.

Tony   September 19th, 2008 10:54 am ET

Christopher Cox is a hack and should be fired immediately. He's turning this country into a Socialist economy right before our eyes. How dare he give unfair protection to the financial stocks! They should fail for their terrible business practices like a capitalist economy dictates.

What in the &*%$^*   September 19th, 2008 10:54 am ET

I feel like I am watching my party fall apart right before my eyes. I was so encouraged last week by the apparent shift in polls and positive press for the McCain-Palin ticket. Is there something going on behind the scenes that you are not telling us McCain? Why are all these people backstabbing your campaign? I am getting worried here.

Emster   September 19th, 2008 10:54 am ET

This is just one more example of McCain being inpulsive and willing to take risks, rather than thinking things through and acting rationally. In limited situations, that trait could be a good thing. But with the domestic and foreign crisis that a President has to deal with, this type of impulsive behavior would be a disaster. Throw in a well-known history of temper and stubborness as well. McCain has exhibited the temperment that is ill-suited for a President. He might be willing to take risks, but I'm not willing to take the risk of McCain for President!!

Republican turned Democrat Country first   September 19th, 2008 10:54 am ET

John McCain is going to have to stop his flat out lying and throwing
people under the bus to deflect from the fact that he and his running
mate lacks the competence to lead this country. The total lies about
Obama's tax plan has virtually drained what little respect that I held
for the man. He has lost my vote. I will be voting Democratic in November.

adam   September 19th, 2008 10:54 am ET

ok who started this….sen phil gramm, he wanted dereg to happen because his wife was on the board of ENRON in early 2000, he got his wish in republican congress with no support from democratic minority. then starting july 2001 all hell starting coming in. whos to blame?????????????????????? Mccain look behind you then start talking.

Joe in StL   September 19th, 2008 10:54 am ET

Simple rule: If McCain says something, make sure to check if it's true.

showbaba   September 19th, 2008 10:54 am ET

If Mccain supports the SEC, the liberal would attack him, now he gave a straght talk against the Wall Street SEC the republican against him. Independent mind can judge who John McCain is.

Sean S   September 19th, 2008 10:54 am ET

Ouch!!

undecided voter   September 19th, 2008 10:54 am ET

I admire Sen McCain and his stand on corruption in the White House. Obviously he is not some of the same "change" as Obama's "beating a dead horse" kindda theme…Obama needs to use some other kind of "lifesaver" to rescue him from drowning. Please NOBAMA.

McCain / Palin all the way to the White House

Independent-Gurnee, IL   September 19th, 2008 10:53 am ET

In the meantime our government is attempting to saddle us (U.S. taxpayer) with more debt. The U.S. government is not permitted to do this. It is ILLEGAL, ie against the U.S. constitution.

CNN are you going to continue blocking the truth! I have yet to see one major news organization reconginize that the U.S. taxpayer is being forced to foot the bill UNCONSTITUTIONALLY! This is a TAX people! WAKE UP!

Hillary Supporters for McCain   September 19th, 2008 10:53 am ET

McCain warned of the upcoming turmoil from Fannie Mae and Freddie Mac back in 2005. He co-sponsored a bill to do something about this, but it was blocked by the dems.

I guess. Don't trust Wal-Street. They want another "green" politician in the White House so they can do whatever they want. Why do you think they are investing so heavily in Obama.

Another case in point: In the last 9 years, Fannie Mae and Freddie Mac have donated more money to Chris Dodd and Barrack Obama than anyone else. Barrack Obama is the runner up only because he has been in the limelight for 3 years.

Time to clean house… Vote McCain/Palin 08

FlipFlopper   September 19th, 2008 10:53 am ET

Better be carefull. Might lose that base.

Nebraska   September 19th, 2008 10:53 am ET

Obama still has no answer on the issue at hand.

All he can do is bash Bush and McCain.

Lord help us if there are enough idiots in this country to vote Obama into office.

Kim   September 19th, 2008 10:53 am ET

Whatever is all I have to say. You wall street people are making us tax payers bail you out! McCain/Palin 2008 has my vote, and I am an independent!

Jan   September 19th, 2008 10:53 am ET

But McCain IS an angry populist, what do you expect?

Obama/Biden all the way

Christine   September 19th, 2008 10:53 am ET

"…..voters want steady, calm leadership, not easy, misleading answers that will do nothing to help." Truer words were never spoken! I have always felt that Obama will lead this country with steady and calm actions. With all due respect to McCain, ANYONE who was held prisoner of war for years MUST have some psychological problems…and I for one do not want a leader with those 'issues'.

Tommy   September 19th, 2008 10:53 am ET

Attacks only! No solutions! No responsibility for being a part of the problem! McCain the maverick is really McCain the completely clueless! Find 7 or 8 retirement homes to buy and live the rest of your life in caretaker comfort, John. That would be the biggest favor and patriotic act you could bestow on the american people.

Voter   September 19th, 2008 10:53 am ET

McCain's claim that he "doesn't know much about economics" alone should eliminate him as choice for President. And his claim is so obviously an understatement of his lack of ability that it's downright scary.

We are looking at nothing less than the total collapse of our financial system at the hands of Republicans. We have everything except people flinging themselves out of 30th storey windows. The controls that are available now are there because of Franklin Roosevelt, who would be horrified at the mismanagement and excess of Bush and his friends.

I never liked Obama as a person, but if you and I don't vote for him, we are very simply crazy and stupid.

Matt: honestly   September 19th, 2008 10:53 am ET

McCain admits he knows nothing about the economy. Why is he trying to pretend like he does now??

California Democrat   September 19th, 2008 10:53 am ET

McSane is such an idiot!

d   September 19th, 2008 10:53 am ET

Just another example of McCain being out of touch..As president he would NOT have the authority to fire the chairman of the SEC.

Bill   September 19th, 2008 10:53 am ET

The WSJ is pandering to its readership, just like the rest of the media does. Facts are irrelevant. The only difference is that the readership of the WSJ is seen to be the naked short sellers and other financial cowboys who have driven this crisis.

TKW- New Mexico   September 19th, 2008 10:53 am ET

Can John McCain please sit down somewhere? He is making himself seem more and more unstable by the day. I wish someone would advise him that he's making a fool out of himself and dems are laughing all the way to election day.

Obama 08!

Chris   September 19th, 2008 10:53 am ET

"In a crisis, voters want steady, calm leadership, not easy, misleading answers that will do nothing to help. Mr. McCain is sounding like a candidate searching for a political foil rather than a genuine solution,"

Couldn't have said it better myself.

Obama '08

Walter, Long Beach   September 19th, 2008 10:53 am ET

OK, Ok! So a lot of what McCain says doesn't make sense. But we are overlooking the big question.

How many more "gaffes" and incoherent speeches is it going to take before the media starts to notice what is becoming painfully obvious?

McCain is not just an oblivious and unskilled politician with indefensible policy positions.

He is suffering from significant cognitive deficits. He is just not mentally sharp at all.

Why isn't anybody worried about this?

Thomas   September 19th, 2008 10:53 am ET

You won't find more of a Washington insider than John McCain. The vast majority of Americans are so easily fooled and even more easily led.
OBAMA/BIDEN….the Sane choice!

Bruce   September 19th, 2008 10:52 am ET

Mccain has pandered to the right and attcked the right. He's pandered to the center while voting against them. He brought a running mate on board to appeal to the white hockey-mom, hunting, oil-loving, female, pro-life, vindictive, creatisonist wing of the electorate. his judgement is being questioned by the so-called Eastern elite journalists, the straight-talk Republicans (Hagel), and now the Journal. Just who he represents is becoming increasingly unclear.

Tony   September 19th, 2008 10:52 am ET

WAKE UP AMERICA!

MCCAIN AND PALIN WOULD BE DISASTROUS FOR AMERICA!

nader   September 19th, 2008 10:52 am ET

WHAT ELSE YOU CAN EXPECT FROM ANGRY OLD GRAND PA??MAKE ESCAPEGOAT TO SOMEBODY!!!

Shirley   September 19th, 2008 10:52 am ET

Why can't every one in the audience give Palin and McCain a pointed finger and fist.

Marilyn   September 19th, 2008 10:52 am ET

McCain is right on this one. The SEC chairman is the one who was supposed to be in charge of the oversight of Wall Street while this nonsense was going on. That he should resign, or be fired, is a no-brainer.

Lisa   September 19th, 2008 10:52 am ET

John McCain does not care, has not cared who he throws under the bus. It is just the way he runs his campaign and that is the way he will run the white house, it will always be someone elses fault and he will always be trying to fire someone or go to war with them.

Sean   September 19th, 2008 10:52 am ET

It is sad to see how desperately Sen. McCain try everything and I mean EVERYTHING to get elected!!!!!! Before this presidential election I had a great admiration and respect for him, but now?! what can I say?!!! It is sad that in history he will be remembered as a desperate candidate and defenately not an honarable one.

Daki   September 19th, 2008 10:51 am ET

McCain is just a lier,anyone who votes for him is either retarded or uninformed.

rene   September 19th, 2008 10:51 am ET

i agree totally anf completely, mccain cannot match witts with obama, he's not authetic at, he's trying to own half of obama's sayings, like change and enough is enough, i agree, enough is enough of the mcsame

kevin   September 19th, 2008 10:51 am ET

Let's hope they are right about the last point.

Ryan, Florida   September 19th, 2008 10:51 am ET

The SS McCain-Palin is how do you say….on the rocks.

Ryan   September 19th, 2008 10:51 am ET

McCain has offically lost it. I'll be voting for OBAMA, the SANE choice.

miyaki   September 19th, 2008 10:51 am ET

CNN you are very biased, how many times have you posted other editorial about the WSJ skewering Obama. I read the WSJ every morning , and I check the Ticker several times a day, and I have never seen a post by the WSJ skewering Obama posted before.

Candi   September 19th, 2008 10:51 am ET

Okay McCain you have put your foot in your mouth now. Palin get the Bears, wolves and gun to solve this one. Repubs please stop making us look back. Give McCain and Palin something they can use to talk with the people except lies.

Reality Check richmond virginia   September 19th, 2008 10:51 am ET

I thought the throwing under the bus of Chris Cox was odd. It sounded like McCain picked his name out of a scapegoat hat.

This issue is bigger than one person and can be boiled down to a broad ideology.

Sean Chong   September 19th, 2008 10:51 am ET

It really reaffirms that Mccain has not experience with the economy. Not that Obama is any better, but at least, he has good advisors besides him who will stick to him throughout his presidency. Mccain? Really, the same old Bush team, of relying only on oil and possibly "blackberry" to revive US economy. As a younger generation, I even call blackberry a little dated… we need something newer and more innovative. Has Mccain heard of iphone?

Sacto Joe   September 19th, 2008 10:51 am ET

Senator McCain is not coming out of the financial crisis looking good. Senator Obama, on the other hand, is coming across as Presidential.

And the truth about the female Dick Cheney aka Sarah Palin is finally sinking in with the American people – and sinking the Republican hopes in the process.

GO BAMA!

America the Stupid   September 19th, 2008 10:51 am ET

The Rats are jumping off the ship……McOld is going to be the only one in the room…..

Ryan, Florida   September 19th, 2008 10:50 am ET

The ship really is sinking.

Bud   September 19th, 2008 10:50 am ET

Why would McCain make such stupid statements? If he'd just stick to his talking points, he'd be acceptable to many, but there he goes talking about areas where he knows nothing. It's a familiar habit of our current President.

CitizenS   September 19th, 2008 10:50 am ET

I agree with the conclusions of WSJ. The only problem is the average American does not read their editorials so they are not knowledgeable about anything but what comes out of McCain's mouth. So sad that our country will go straight down the tubes under the McCain presidency. But, all you can say then is they asked for it and they got it! To save our country vote Obama/Biden 08

Never let them see you sweat....   September 19th, 2008 10:50 am ET

WELL SAID. NOW THE CONSERVATIVES ARE STARTING TO SEE THROUGH THE LIES.
NO CLEAR PLAN HERE JUST MORE OF THE SAME!

Yasriel   September 19th, 2008 10:50 am ET

There goes the verdict….from even his own people.
I had say, McCain please call it quit. YOU'RE FIRED.

PoliticoPundit   September 19th, 2008 10:50 am ET

Fact check: Does McCain oppose financial regulation

What about Obama's FACTCHECK CNN . you won't do it I know may be he doens't even have history to get the facts checked.. then do it on BIDEN

Mary   September 19th, 2008 10:50 am ET

Goes to show how this man is out of touch!!!

V Obama   September 19th, 2008 10:49 am ET

We don't need you Evangelists voting for OBAMA we have the momentum now!!

Go back to your McBush!!!

voter   September 19th, 2008 10:49 am ET

I agree. McCain speech this morning contains no plan. His economic advisor did say that an economic plan is not neccessary. McCain discusses how he used to be in the commerce comittee. He needs to take repsonsibility for creating this mess because he along with his economic adivsor Gramm de-regulated wall street. Now he is going to reform and regulate the markets. Please who are you kidding. If he hasn't supported regulation in the past, you think he will as president. If so, I have a brdige to sell you in Alaska.

Ryan   September 19th, 2008 10:49 am ET

McCain will do and say anything to attract a vote.

Christy   September 19th, 2008 10:49 am ET

Angry populist or happy flake like his running mate, he'll never beat Mr. Obama

Buddy   September 19th, 2008 10:49 am ET

McCain will say anything to get applause from his dwindling crowds. This is a good example of McSame and his questionable "temperment".

Freedom Loving Patriot (God fearing too!)   September 19th, 2008 10:49 am ET

McCain's econimic adviso = Phil Gramm

Man who's policies caused this crisis = Phil Gramm

You do the math.

This is funny   September 19th, 2008 10:49 am ET

Even his own people are calling him out on being so phony.What a mistake, have a confused president and a clueless gimmick for a vp.
This is just like a bad movie. Will Americans think critically? Oh no!!!!!!
McCain is an empty suit even with his written statement. Empty vessels make the most noise!!!!!!!!

Wisconsin for Obama   September 19th, 2008 10:49 am ET

I have such a problem with John McCain and his accusations about the fall out, when he has for years voted for deregulation. He should quit the flip-fliping.

GC from Virginia   September 19th, 2008 10:49 am ET

This is one of my biggest problems with John McCainversion08. His gut instinct reaction to everything is to wave his fist and start pointing fingers. It's an attitude that he and Bush/Cheney (and Palin) certainly share. Blaming people is not a solution.

KC   September 19th, 2008 10:48 am ET

Now how did I see this coming. We don't need any shoot from the hip mavericks running the country!

Walt   September 19th, 2008 10:48 am ET

OK, let's see how many McPalin supporters are going to say Obama's people are behind this.

And, let's see how many McPalin supporters are going to say they are going to boycott the WSJ.

I am not smart enough to know or understand the role the SEC played in this country's current mess. But, I am smart enough to know that one man is not responsible. And, if I am wrong and one man is responsible, then his name is Bush.

McPalin please join him on the ranch next year.

Polly   September 19th, 2008 10:48 am ET

McCain thinks way out of the box…way out. No, further out.

Tone   September 19th, 2008 10:48 am ET

McCain suffers from dementia, apparently he is so used to slinging mud at Obama, he used the same tactic on the SEC while forgetting his at a town hall meeting where his speech can be seen by more than just the invited guests. John McCain, the world IS watching and listening to the parade of misleads and outright lies.

Transparency please   September 19th, 2008 10:48 am ET

And that's coming from a Rupert Murdoch publication!!!
All of you Fox News fans need to understand that.
Bad week, John-boy,,,bad week.
McCain wrong on the economy AGAIN.

Palin – you are NOT above the law.

Anonymous   September 19th, 2008 10:48 am ET

Well, what do you expect from a liberal Commie rag like the Wall Str….

What?

Oh.

Never mind.

Ben Newhouse   September 19th, 2008 10:48 am ET

Canada, Europe, Australia… It's never looked so good.

Dwayne - Florida   September 19th, 2008 10:48 am ET

Take it easy on McShame! For heaven sakes he must know what he's talking about….Isn't he responsible for Blueberry technology or something like that!! LOL

McCain = Out of Touch

Women for Obama/Biden   September 19th, 2008 10:47 am ET

Tell that shameless liar he his lying! Everyone needs to be calling him out on his lies. That is the GOP blame someone else for mistake.

No Way No How   September 19th, 2008 10:47 am ET

B..but…but…but…He was a POW????

AVERAGE JOE   September 19th, 2008 10:47 am ET

!!!!
TO THE PEOPLE SUPPORTING MCCAIN

you all are kidding right?

SAY NO to wall street thievery!   September 19th, 2008 10:47 am ET

WRITE AND CALL your CONGRESSMEN AND SANATORS,

and MAKE THEM AWARE YOU DO NOT WANT THEM TO COMMIT YOUR AND YOUR CHILDREN'S TAX DOLLARS TO ENSURE THE NEO-CON THIEVERY ON WALL STREET!!!

THEY ARE TRYING TO HOLD YOU HOSTAGE,

lying "everyone's interest is served by this bailout"

NOT UNTIL THE PROFIT AND PROPERTY IS ALSO SOCIALIZED,

NOT UNTIL THE SAME GROUP WHO OWN AND RUN WALL STREET AND WASHINGTON GET THROWN OUT OF POWER AND INTO PRISON!

Jayden   September 19th, 2008 10:47 am ET

Another comment spoken before he really thought it thru.
Face it, this ticket is an absolute mess.

Anonymous   September 19th, 2008 10:47 am ET

Ouch.

jfs Memhis, Tn   September 19th, 2008 10:47 am ET

Now the true McCain will start to surface. Thank Goodness this is all coming out before the Nov. Election. I know of several people at my place of work who have not only moved to Obama….but with great vigor and anticipaion of the future. TRUE CHANGE IS COMING !!!

GO OBAMA

Bulldog   September 19th, 2008 10:46 am ET

"I'm John McCain and I approve this lie"

JO-ANN   September 19th, 2008 10:46 am ET

OOPS!!! MCCAIN WOULD RATHER WIN AN ELECTION THEN PUTTING COUNTRY FIRST!!!!

PANDERING…PANDERING…PANDERING….

JOHN MCCAIN & PALIN….AMERICANS ARE NOT STUPID!!!

Don   September 19th, 2008 10:46 am ET

I didn't realize until today there are so many republican socialists out there.

One day they scream, "Deregulate."

The next, it's, "Bailout."

Real leadership there.

Obama '08

Open Your 3rd Eye   September 19th, 2008 10:46 am ET

THIS IS EASY:

BETWEEN MCSAME AND COX,

THEY SHOULD BOTH BE FIRED.

David, Silver Spring, MD   September 19th, 2008 10:46 am ET

So much for "straight talk." Thanks, John. Now go take a seat and let someone who has a clue take over.

Obama Supporter from FL   September 19th, 2008 10:46 am ET

Ouch!! That hurts coming from the WSJ. Nice to see that they allow various viewpoints in their editorials, as opposed to being a completely partisan news source like Faux News.

GARY   September 19th, 2008 10:45 am ET

GO GET'M MCCAIN AND PALIN

VIRGINIA will be blue   September 19th, 2008 10:45 am ET

Everyone knows McCain is going to lose this election.

J from DC   September 19th, 2008 10:44 am ET

We already know that Palin has nothing to offer. We watched that sad ABC and even sadder Fox interview this week.
Obama made a real quality pick, when he selected Biden and everyone has forgotten that. Biden may not have gotten a lot of primary votes, but Palin didn’t ever run. She knew she wasn’t ready then. Biden may very well be the most qualified of all the candidates.
The story that is missing in this whole news cycle is: Why Biden makes McCain so uncomfortable? I am in DC, and I still have not figured it out. I know there is something there, but I can’t put my finger on it. Even still, if you watch McCain closely, the signs are there.

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