(CNN) - As he gears up to hit the campaign trail on behalf of Barack Obama later this week, former President Bill Clinton is the star of a new television ad - for John McCain.
Watch: New McCain ad features Bill Clinton
The Arizona senator's campaign is highlighting Clinton's remarks in an interview with ABC News last week during which he appeared to lay some of the blame of the current economic crisis on congressional Democrats.
"I think the responsibility that the Democrats have may rest more in resisting any efforts by Republicans in the Congress or by me when I was president to put some standards and tighten up a little on Fannie Mae and Freddie Mac," Clinton said in the ABC News interview that is highlighted in the new McCain ad.
The announcer of the one-minute spot called "Rein" cites McCain's call for more regulation of Fannie Mae and Freddie Mac two years ago and said "Democrats blocked the reforms."
"Loans soared. Then, the bubble burst. And, taxpayers are on the hook for billions. Bill Clinton knows who is responsible," the announcer also says.
But in the same interview with ABC, Clinton also said it is important not to assign blame at this time for the current state of the economy: "We are where we are. I think the most important thing is we got two candidates for president saying 'lets try to minimize the partisan differences,'" he said. "We will have plenty of time later to look at who caused this and what mistakes were made."
Those comments did not make it into the McCain ad.
The ad comes days after some Democrats grumbled the former president appeared to be overly praiseworthy of the Arizona senator as the final stretch of the heated presidential campaign gets under way. In the same interview with ABC News, Clinton defended McCain's call to possibly push back the first debate, saying it was a pledge made in "good faith." He also later said the Arizona senator had taken the lead in his party when it comes to climate change.
More examples of why Clinton is not needed on the campaign trail for Obama to become President. Obama can do this on his own, we do not need Bill. Bill is trying to get Hillary elected in 2012 – that is painfully obvious. No more Clintons...
The Clintons seems to support McCain again and again with double talk.
serves him right. He and Hilary have patronized Mccain–they all know what baggage they have and now its used against them.
When you speak for the truth, that truth will set you free. Sorry Bill, but you need to be clean! DOn't mess with the Republicans thinking they are your "friend"
Bill Clinton... the democratic gift that keeps on giving.
Regarding Obama's suggestion to raise the FDIC insurance amount to $250,000. That's the threshold he used for people paying less taxes too. So $250K is the logical amount.
I saw a story on the news the other night, about a woman in Nevada that lost $20,000 because she had $120,000 of her life savings in a bank that went bankrupt. Obama's proposal will save all of it, not just the first $100,000.
Sue in Colorado says:
Since when is it better to have a candidate with a cute personality who can throw a good zinger (written by a speech writer) better then having the best, smartest candidate this country can provide?
Exactly. That is Obama's problem as well as Palin.
Pray tell- Why DID the democrats install Obama and swiftboat the EVER more qualified Hillary Clinton?
Why are the new democrats so okay with sexism, bigotry, filth, vulgarity, rudeness, insults, denigrations, vileness and cheating to win?
President Clinton needs to be very careful on his choice of words, so that the desparate McSame camp doesn't used his words as soundbites. Looking forward to witnessing Biden afflict some rear spanking to erratic clueless Sarah Pa_Liar
in the 90's clinton gave sub prime rates to people on welfare, food stamps, with no collateral. how did they think people could make payments? bush inherited this elephant from the democrats. bush should have taken action sooner, but there is plenty of bipartisan blame to go around. nancy pelosi should step down, her partisan speech, before the vote, show's what a fool she is. she needed the republicans, and she dissed them, newt gingrich would never be so dumb as to do that.
Bill Clinton said he admired John McCain for what he has done to
open relations with Vietnam and bring the POWs home.
What they are not saying is that Clinton disagrees with his stance on the economy, healthcare, education and many foreign policy issues.
MCCAIN DOES NOT HAVE GOOD JUDGEMENT AND SELECTING PALIN AS VP SHOWS HE MADE A POOR CHOICE.
GO OBAMA/BIDEN !
Ok, so Bill has lost the last ounce of respect I have for him. I really did like the man, I used to think he was one of the best president in "my" life time so far. I guess he got old and senile...it's a shame.
Why does everyone want to use Bill Clinton. Could it be that he was one of the best Presidents this country has ever had. He is not going to bash McCain, Palin or anyone else, but he has made it very
clear he is campaigning for OBAMA. He has also said Obama is
going to win.
Dems in congress are corrupt. Nancy Pelosi wanted 20% of the profts from the bailout to go straight back to ACORN. Acorn is being investigated for voter fraud, registering fake names and addresses. Obama was an acorn community organizer and trainer.
Stop being sheep to Obama, do some research and you will see this man is a typical corrupt politician who will have a lot of backhand deals to pay back if he (god forbid) becomes president.
Clinton needs to be put back in his hole. Its obvious he doesn't like Obama, and the feeling may be mutual. While I believe Obama has great respect for Hillary, I don't think its true for her husband. With Obama's deep envy and respect for women, and Bill's history with them, I could see how respect might be in question. Bill is bitter. His legacy is threatened by someone who has received even more attention than he did. It's obvious to everyone. If Bill isn't even going to try, he should just sit this out, and let Hillary do the campaigning.
Wait for Billys wrath on this one McCain. You won't like it.
The reek of desperation from the McCain campaign grows ever stronger.
I am no longer surprised at this candidate. First he talks about the hypocrisy of Bill Clinton and how America needs to return to the "values" in which the country was founded. Then he makes him the star of a new television advertisement.
At what point will the American electorate realize the “true values” of this candidate? At what point will the citizens of our country realize this man is not a “maverick” or candidate of change? What needs to happen for the United States to open her eyes to the ill of this campaign?
back to smear politics as usual...blame everybody else, but myself mcshame.
Blame enough for all.
Dems are being partisan.
I love BILL and Hillary will be our next great president.
The next 4 years? It is Obama who recklessly gambled with the race card bet.
isnt Obama running for president?
That's OK. Let's distort the truth to adjust it to the reality we want to project.
Great job McLame, in taking the high road in your campaign. Time for the old folks home, where you can get your meds on a regular basis.
Just say NO to Bush 44 and Caribou Barbie.
I love it ! There are many layers to this whole dynamic and the simple truth is, the Clintons both have deep respect for, and confidence in, John McCain. Tey have worked with him for years.
And the Clintons naturally believe Hilary would have been a better choice to lead the Democrats. She had experience, as does McCain. (Personally, I think even Palin is quicker on her feet than Obama. )
He should have used the one where Clinton could not say that Barack Obama is a great man.
I have lost a lot of respect for the clintons....never had any for GOP, but its sad cause I used to really look up to bill...
I can't believe this man....McCain needs to stop....exploiting the former President's words of wisdom. McCain can do nothing more than to attack Barack with negativity. I think he is pathetic.
McCain is getting desperate once again since Obama is leading by 8 points.
Is it me or is Clinton still smarting (known in my parts as hating) from the Obama avalanche caving in Hillary's dreams? Some of his comments have been bizarre such as calling McCain "a great man" but denying the same to Obama, saying the Democrats should get some of the blame for the economic debacle (just who side is he on). I think it would be best served for Bill to stick to doing nothing – his nova has lost its luster and it is over for him and his clan for the time being. Have nothing against Hillary for if she was running, she would have my vote but the point of the matter is that she lost. Doing the husbandly thing (protect) at this time in the election is not the way. Going along with McCain on suspending his election for the economic bill was crazy for it was a political ploy that even Stevie Wonder could see not done in good faith. What was he thinking? Climate change – a worthy cause indeed – takes a backseat to the economy at this time because no money means nothing, including handling environmental issues, can get done.
All Bill is doing is adding fuel to McCain's match fire for come November 4th, his goose is cooked. But the question is why Bill why?