October 10, 2008
Posted: 12:00 PM ET

From
 McCain has proposed another economic change.
McCain has proposed another economic change.

(CNN) – John McCain proposed suspending the requirement that investors begin drawing down their IRAs and 401Ks soon after age 70, his second major economic proposal of the week.

"We must also protect investors ­ especially those relying on their investments for retirement," McCain told the crowd at a campaign event in La Crosse, Wisconsin Friday.

"Current rules mandate that investors must begin to sell off their IRAs and 401Ks when they reach age 70 and one half. To spare investors from being forced to sell their stocks at just the time when the market is hurting the most, those rules should be suspended."

Listen: Later Friday afternoon, senior McCain advisor Doug Holtz-Eakin offered more information on the plan

Earlier this week, McCain unveiled a $300 billion plan for the government to purchase mortgages at full value from banks and directly re-negotiate the terms with homeowners. The plan has drawn criticism from economists and from the Obama campaign, which has charged that it would mean major profits for lenders and saddle taxpayers with the cost.

Filed under: John McCain


Hillary Democrat   October 10th, 2008 3:12 pm ET

I don't want change, I just want what we have to work. Barack Hussein Obama and Botox Biden will instill socialism into our government. Please wake America. We can not have this happen and will change our country forever. Stop and think before you vote.

BJ in NC   October 10th, 2008 3:11 pm ET

He means a 40K the way the economy is going. He does not have a plan except to rob the poor and give to the rich.

anne   October 10th, 2008 3:10 pm ET

DO any of you understand the rules of IRA apparently not by your replies tothis blog. Funds have to be withdrawn at seventy and one half

Tracey   October 10th, 2008 3:09 pm ET

What regulations require that people start selling off retirement investments when they turn 70 and a half? Is this federally mandated or state – how much do they have to sell – what is the penalty for not selling – and WHY do they have to sell?

Jr   October 10th, 2008 3:08 pm ET

McCain campaign national spokeman ( Trucker bounds ) make me sick!!! Red hair always lie!

Carmen   October 10th, 2008 3:08 pm ET

Just to set the record straight (and I do taxes for a living) the penalty for early distribution on a 401K or traditional IRA is 59 1/2. At age 70 1/2 you have to start taking distributions and pay taxes THEN on the amount you take out,. The penalty is 10 percent, and in some cases, if you are laid off from work or the company goes out of business, there is a chance you can cash in your 401K WITHOUT the 10 percent penalty. My advise is roll it over to a IRA and take your distributions from it. Check with your tax advisor on the best way to handle it. As was noted before, I believe McCain shoots from the hip and doesn't know what he is aiming at most of the time. McCain and Palen both haven't got a clue.

anne   October 10th, 2008 3:07 pm ET

wake up people you have to withdraw IRA money at seventy and one half. do you what to take it out today, and lose 30 percent or wait a while for markets to come back

Veteran in Kansas   October 10th, 2008 3:03 pm ET

Republican Sen. John McCain’s recent statements that he would revive President Bush’s scheme to privatize Social Security. (march 2008)

Now of course is the problem that those that have 401Ks but dont want to draw them down verus those that have 401Ks and were relying on them to make ends meet. I know McCain knows lots of people that have to draw down their 401Ks because they are his age, but how many folks does he know that were actually counting on that money for retirement income.

robin   October 10th, 2008 3:02 pm ET

McCain's 401(k) idea, again is one that only helps the rich. Under current law everyone is forced to start taking money out of tax qualified retirement plans and IRAs at age 70 1/2. Otherwise people could save tax deferred forever, and the government would never get its tax revenue. Most of us start drawing down on our retirement plans and IRAs after retirement, so the forced distribution at 70 1/2 is not an issue. But for those like McCain, who don't need the money to live on, then this is a good plan. He would let their money keep growing tax-free forever.

Maddie, Hartford, Ct.   October 10th, 2008 3:02 pm ET

So what is he going to pull out of his bag of tricks this time? A man with seven homes and thirteen cars can not really relate to the guy on Main Street. Is it a good idea? At this point…who knows?

hello   October 10th, 2008 3:02 pm ET

At last one good thing came out from this candidate.
I like the idea but I won't vote for you, just because you are too old and I don't want to give presidency to Hockey Mom.

Bitter in Texas   October 10th, 2008 3:00 pm ET

…to Little, To Late. Lordy, I can't wait until I can vote early…I've had enough of McGeezer/McFallin.

Jerry Atrick, New York   October 10th, 2008 2:58 pm ET

Brian from Canada – your propaganda will not work. I guess that since you can see Alaska from your house you have contracted the scatterbrained syndrome.

Attention New Yorkers: Today – 10/10 is the final day for registration. You can download forms from the internet. Fill, sign and have them postmarked by TODAY. Those in the city can go the Board of Elections Executive Office on Broadway to submit the form in person BY MIDNIGHT.

Darrell   October 10th, 2008 2:57 pm ET

Ann,
Not to worry I have seen every McCain, Palin speech and they have offered nothing to solve this problem. McCain has not had a new idea in quite sometime and it is actually a good idea for televison stations to not run the hate filled, lying, fraudulent speeches that Palin and McCain campaign run on. I am serious about this Ann, they really have had very little to offer and what little they have offered is not their own plans or ideas.You really have missed nothing

Eric J.   October 10th, 2008 2:54 pm ET

One House
One Car
One Spouse
OBAMA 08

Maybe if McCain and Cindy sell off some of their homes and fleet of cars we can stop this economic crises. I understand why McCain does not like Obama's tax plan, he and Cindy would have to pay more. So much for being patriot Huh..
What about Palin, paling around with the Alaska independence party? is that a group who love's their country? What about McCain sitting on the board of a company with members who were dead smack in the middle of Iran -Contra scandal?
Let be fair media..would someone please dig up the truth on that..

Larry   October 10th, 2008 2:52 pm ET

As long as there is one small chance that Palin could be next VP, the economy will suffer.Who in their right mind would invest one nickel in a country that has this hateful wingnut possibly in control of the free world.McCain and Palin is the scariest thing that could further hurt the economy. I do not no one investor that feels comfortable with the possibility that Palin could become next President.I also have not heard of one foreign investor that will re invest until they know there is no chance for Palin to become the leader of the free world.

Beah   October 10th, 2008 2:52 pm ET

Senator McCain, I lost all my respect for you. Your running mate is a total disgrace to women who are intelligent and understand what is at stake. Even some conservative women thinks that she's incapable to be VP. PALIN is as dumb as an oxymoron! Without her looks your ticket equals TITANIC!

Joe from Mahwah, NJ   October 10th, 2008 2:51 pm ET

Sarah,

Just go back to Alaska….look out your window….wave at Russia…and take sniper shots at Putin's new tiger cub.

That One 08

Shari, NY   October 10th, 2008 2:50 pm ET

You know, I had also asked about Dick Chency? Is he alright? As Bush's mouthpiece I find his silence rather deafening. Condi Rice only shows her head when there is a sudden eruption afield. As much as I am dissatisfied with Bush's performance he should get more support. Did I just say that?

Bruce   October 10th, 2008 2:48 pm ET

What? this make no sense…
I am sure that the losses in the market will not stop becuse 401K account for individuals are selling their stock…
come on
this is not the answer,, ,he is grasping at straw…zttack one day then come up with off the wall crap the next to make it look like he helping..he has no plan…
he and palin are loosing and will throw whatever they can out there to try and win.
McCain you were in the past an honorable man…you are now a fool.

Observant Voter from Texas   October 10th, 2008 2:48 pm ET

Go away McShame, Go AWAY!

America think for you   October 10th, 2008 2:48 pm ET

Bomb Iran no more we need jobs over here. Our pockets are hurting. My kids are looking at me hungry and daddy cannot feed them. Bomd Iraq no more it cost $ billion a month while they have a $ 79 billion surplus and we in the US are running a $ 50 trillion dollars defficit. We need that $ 10 billion in the US. Alghada is in Afghanistan not in Iraq. 4000 young boys with bright future had lost their lives fighting an unjustify war. We need jobs in the US to pay for high gas and high grocery. No more bomb we are causing global warming to get worse with every bomb we drop.
We need a president that understand the economy and that can work with world leaders. The economy is causing people to commit suicide we are fed up.

varlee10   October 10th, 2008 2:47 pm ET

Mccain is so desprate that he is going to take anything from anywhere. He wants to win at all cost and so he is blind to the fact there is nothing new in what he is saying. This not even a plan, his plan is to put this country down finally. Vote Obama people!!!!!!!!!!!!!!!!

Ann   October 10th, 2008 2:47 pm ET

I think the 401 suspension plan is a good one and although I don's back the buy up the bad mortgages if Obama had said it it would be the answer to all our prayers!! I myself had to put 10 to 20 percent down on my homes and have worked hard to pay the mortgages off in 15 to 20 years. I have an investment property that has an adjustable rate that will adjust in August. Property taxes have doubled and the value of the home has gone down by 20% and I say I will have to find a way to make it work. I made the investment and have to be responsible for my actions. I feel that the plan would be modified but it does show McCain is trying to take steps to correct the problem. A good president surrounds himself by experts in each area. Only a fool pretends to have all the answers himself (Barack) the rest of us are alittle confused. I guess you could say we were erratic!! I personally am sick of the national news channel broadcasting one politicians complete speaches everyday but not the other!! Obama doesn't have to be negative. He has the national news channels to do it for him.
Here is to a better tomorrow.

Felly   October 10th, 2008 2:46 pm ET

McCain is erratic. He is too old and desparately making last minute policy proposals with poor judgement like Bush.

Skeeve   October 10th, 2008 2:45 pm ET

Gail, I don't mind Bin Laden siting on my door steps – much easier to apprehend him then there then in some god forsaken mountains.

lance   October 10th, 2008 2:45 pm ET

Of course the reason the government requires you to take out from your 401K at 70 1/2 in the first place is that the money sat growing tax-free for all those years and the goverment wants its tax money when you start withdrawing.

So, to allow it to just sit for those 70 1/2 and older means the government won't get its tax money. It's OK, we'll just borrow more from the Chinese or whoever – until they stop lending to us.

On the good side, it gives a reason to let panicky seniors keep their money in the market. The more people pull money out of the market, the lower stock prices go…

Carolyn   October 10th, 2008 2:45 pm ET

Of course John came up with this today. At 72, I'm sure he doesn't want to have to withdraw his 401k's now either… pay your taxes, John. And oh yeah, where are your wife's returns??

McCain+Palin=FEAR   October 10th, 2008 2:45 pm ET

TRUE AMERICANS for McCain:
Please tell us, wise one- exactly What makes a true American?
Being white???????

Denise   October 10th, 2008 2:43 pm ET

McCain turn in your ticket you are a disgrace to the NATION. You are running a racist sleazy campaign and it is a disgrace to mankind. Obama have a plan and you have a scheme. You are erractic and Obama is cool like James Bond. Give it us a Break and go home.

James   October 10th, 2008 2:42 pm ET

I thought it was 59 and a half not 70 and half? I could of swear they said if you touch your 401k or investment before age 59 and a half you get a 10% penalty tax. I never heard it being 70 and a half before.

BatCat05   October 10th, 2008 2:42 pm ET

Isn't this the same pandering McCain that wanted a Gas Tax Holiday? Go ahead and trick Americans into doing something foolish with their 401K's, how much worse can the American financial crisis get. McCain/Palin, Bad for America and even worse for its citizens. OBAMA/BIDEN That's the TICKET!

Rob   October 10th, 2008 2:42 pm ET

Has anyone noticed Sarah Palin's new hairdo? It's to hide an earpiece they've given her so they can prompt her when she's flubbing with her words.

Papasan in Arizona   October 10th, 2008 2:39 pm ET

This is further evidence of McCain's disturbing love affair he has with himself. He will never take responsibility for the BANKING DEREGULATION mess! McCain wants the American Public to trust his financial wisdom? Wake up John, we still remember your KEATING FIVE disgrace!

Mohamed from Virgina   October 10th, 2008 2:37 pm ET

According to public records, McCain and Cindy received a marriage license in Maricopa County, Ariz., in early March 1980, four weeks before his divorce from Carol was final. A judge in Florida dissolved the McCains' marriage April 2, entering a default judgment after Carol failed to respond to three court summonses. John and Cindy were wed six weeks later, on May 17.

abdisalaan@hotmail.co.uk

Listen Up...   October 10th, 2008 2:36 pm ET

No. McCain reminds me of Mr. Burns from the Simpsons. Everytime he says "My friends" I have to check my wallet to make sure what's left of my money is still there.

He has lowered his campaign to the bottom of the pit. The only place for him is to start having cross burnings at the remaining rally and giving out complementary McCain-Palin 08 torches and pitch forks!

The fact that he would wage this type of war against Obama during this terrible economic moment for this country, rather than showing what the steady hand at the tiller does makes him and his hand puppet totally unfit and unworthy for POTUS.

I am fed up and I approve this message.

JOHN MCCAIN CONSPIRACY THEORIST!!!   October 10th, 2008 2:35 pm ET

Keep spreading that hate and getting your lynch mob all riled up John. We'll be over here trying to get our country back on track. Maybe taking a peek or two to see how much your campaign of fear and division helps our guy Obama out on the electoral map. Let Steve Schmidt's pitbull Palin keep on barking. Everytime she barks, we donate and organize.

Debbie   October 10th, 2008 2:33 pm ET

My 401k is worth almost nothing, I don't have enough money saved as I had put both my children through college. Although they are out of the house, the house is not paid off. My husband's job has laid off over 150 persons last month and it is a small company. I work but I do not make the kind of money needed to sustain the bills. I am not overly in debt, pay with cash but still it is hard.

I only have one house…

O L   October 10th, 2008 2:31 pm ET

Years of corruption, greed and mismanagement (of lack of) of the economy has brought us to the brink of an economic collapse. Thousands of jobs have moved overseas under the umbrella of free enterprise, our banks are failing day by day and our Treasury is spending $10 Billion dollars a month in Iraq alone. The Republican administration of the last 8 years has been a complete failure and John McCain knows that. His policies will just be a continuation of a discredited and failed political philosophy of deregulation and unfettered market capitalism. And now, when the Republican strategists see that all is lost, they are launching a disgraceful campaing of character smear the likes we have not seen in our political scene for a long time. Let's hope the American public see through this charade and we get the change this great country deserves.

Farrell, Houston, Tx   October 10th, 2008 2:30 pm ET

MCCAIN AND PALIN SHOULD START A "GOSSIP" MAGAZINE, THAT'S WHAT THEY'D BE REALLY GREAT AT SELLING GOSSIP.

Dave   October 10th, 2008 2:29 pm ET

Read the fine print folks! McCain is good at coming up with knee-jerk reactions, but I'd bet money that he hasn't even figured out what his own proposal would mean for taxpayers!

A Boston   October 10th, 2008 2:27 pm ET

This dude is unbelievably desperate. He's just offering rough drafts he wrote up the night before.

OBAMA/BIDEN 08

Mike   October 10th, 2008 2:27 pm ET

This, finally, is a good idea from McCain. (not having to cash out of 401k after age 70)

It's not enough, it won't change my vote, and it doesn't come close to compensating for his filthy and dishonorable campaign, but it is a good idea and I acknowledge it.

SAD DAY IN AMERICA   October 10th, 2008 2:27 pm ET

This campainge the MCcain is running has got to stiop seriously think about it this man is a war monger and whether it be here or abroad at this point it makes no difference to maccain. have you guys notice that cynical smile he and sarah have when their supporters strats yelling this hatred please take a closer look nat their breaction i,m telling you guys this is getting out of controll if this is how they handle their campainge is this turly hopw you would likje to see the country ran seriouly all jokes aside

John, Austin TX   October 10th, 2008 2:27 pm ET

I'm so confused. What is McCain doing now? He rolls out a new plan as often as he changes his diapers.

Debbie   October 10th, 2008 2:26 pm ET

McCain, you were once a Hero
Now you are a Zero

ber6964   October 10th, 2008 2:26 pm ET

Preaching to his base again over 70 yr old people that think that a bi racial man should stay in his place!! Great Idea McCain!!

Steve   October 10th, 2008 2:24 pm ET

John – you had my vote!

I have now lost confidence in you! You failed the test. You became too cynical and dishonest for my vote. I don't know who you are anymore. You seem to be saying anything to get votes.

THAT EQUALS DISASTER FOR OUR NATION!

chuck in ontario   October 10th, 2008 2:23 pm ET

John McCain is sick in BODY<SOUL<and SPIRIT.

Peter   October 10th, 2008 2:23 pm ET

McCain should think before he talks, people don't have to sell there stocks to take there RMD (required minimun distributoin). People can take distributions in Stock or mutual funds to a non-IRA account. Making it so they can wait for the stock/mutual fund to increase in value and then liquidate.

Obama/Biden 08

Brain in DC   October 10th, 2008 2:23 pm ET

Encouraging a run on the 401K bank now? Talk to your friend Bush about that!

Oren   October 10th, 2008 2:22 pm ET

To Gail AL. you must be joking. Obama wants to get Osama Bin Laden just as badly as any other American. Don't believe everthing you hear from McCain Palin. They are just playing you for a fool and sad to say, it sounds like you are falling for it.

Tired of McCain/Palin Negativity   October 10th, 2008 2:21 pm ET

McCain doesn't know what HELL he's talking about nowdays. I tell you fellow American's this is the first sign of John McCain going senile. McCain comes changes everyday, I can't keep up with these over the top ideas. Even his own party has started to question his judgement.

1) First, he's canceling his campaign to bring his party together and that didn't work
2) Second, He'll buy up all the bad mortages with another 300 Billion
3) Third, NOW he's another ASININE idea for the 401K

I TELL YOU MY FELLOW AMERICAN'S RUN TO THE POLLS, DON'T WALK, RUN FOR CHANGE BECAUSE GOD HELP US ALL IF MCCAIN/PALIN GETS INTO OFFICE.

OBAMA/BIDEN '08

Marcel   October 10th, 2008 2:21 pm ET

This would be a good idea for the baby boomers who were planning to retire this year. Oh wait, this won't help them AT ALL since most of them have lost more than 6% on their 401k. As always you are way too late. Just like you were late on your ideas about Iraq. Sounds a little Bushy to me….

hannah   October 10th, 2008 2:21 pm ET

If John McCain wins this election, NONE of us will ever have to worry about 401K's, IRA's, food, gas, housing, or healthcare! He will immediately proceed to begin yet another WAR with Iran, and NO ONE WILL EVER SURVIVE!!

Ryan   October 10th, 2008 2:20 pm ET

It's pretty clear at this point that McCain is just swinging wildly with his eyes closed. His lack of a coherent strategy throughout the campaign is mindboggling. It's almost as if he's playing a game to see how many votes he can get while making the worst decisions possible.

Jeff   October 10th, 2008 2:20 pm ET

Senator, you're out of touch. Someone needs to get you back to reality. Retiree's shouldn't even have their money in the stock market!

PHIL-TEXAS   October 10th, 2008 2:18 pm ET

THAT HAS ALREADY BEEN TALKED ABOUT WHEN THE BAIL OUT FIRST STARTED AND IT WASN'T A REPUBLICAN WHO SAID IT. JUST MORE DESPARATION FROM THE MC CAIN CAMP.

I AM VOTING FOR THAT ONE GO O AND JOE

tom   October 10th, 2008 2:17 pm ET

Purchase at full value? That means rewarding the bankers et.al. for making poor investment decisions AND for their predatory lending tactics. I suggested 3 weeks ago on AC360 blog: to buy up mortgages for 50 cents max on the dollar and let homeowners have a new mortgage for that amount (plus $10k) at 4% interest. This lets homeowners keep houses at an interest rate they can afford (if not then I'm sorry it's the best we can do). It lets the taxpayer at least get a return somewhere close to the historic inflation rate and let's banks have some needed liquidity (while penalizing them for being greedy SOBs) and gets rid of some substantial bad debt – which they need to do desparately. The extra $10k is so the government can bundle the loans and resell (at tax payer cost), to investors. That let's investors that buy the loans get a 4% return plus $10k up front, and the gov't gets out of the loan business more quickly.
This won't solve every loan problem.

THE WATCHER   October 10th, 2008 2:17 pm ET

McCain said "my fellow prisoners".

Also, he proposed a spending "freeze" last week. This week he suggested that govt. "buy" all the bad mortgages??????

What is up with this kind of thinking? You be the judge.

JJ   October 10th, 2008 2:16 pm ET

Another plan? Man McCain, you are running out of time and getting desperate by the day.

We love Sarah   October 10th, 2008 2:15 pm ET

You people (republicans) are idiots!

McCain throws horse dung at you and you call it gold. You hate the idea that other poeple in America might gain power and that scares you to death.

Maybe it's your guilt.

If we don't worry about it, why should you?

You rather trust two idiots (Palin and McCain) to run this country, than allow real leaders a chance to help us get out of the rut that we are in.

IDIOTS!!!

No McCain, No Way,No Palin!   October 10th, 2008 2:14 pm ET

Big deal- gosh how long did it take u to think of this? I've lost 30% of my children's educational mutual fund over the last two weeks- u got any big plan for that? You republican losers have done so much to destroy America- that we should be shouting from roof tops to have u and Bush tried for treason.

Proud to be American   October 10th, 2008 2:13 pm ET

Give it up John you are a fool and making the American campaign process look foolish too…. look no one takes pleasure in seeing an old American hero fade into some mean grumpy monster of man that use woman to do all his dirty work … not a good thing. Hey next debate sit, don't walk around I wanted to offer you a seat through the television :0(..

Stop the hate John I am sure with your diverse childeren you know better than that… let Peace and Love shine and you and Mrs. unethical give it up and go home… you need to retire in the sunset it is okay you did not make Admiral nor President… I suppose you accomplished a lot… Put your Country first and drop out of the race NOW!

Thank you,

Obama and Biden 2008

PA Independent   October 10th, 2008 2:13 pm ET

Too little, and about 2 1/2 weeks too late.

syd   October 10th, 2008 2:12 pm ET

This man admits several times he doesn't understand the economy.We are in an economic crisis,the worst since the depression and some people still want to vote for this man?
No wonder we're the laughing stocks of the world.
Can we really be that stupid?
That's like someone going for the job of an accountant but tells the hiring manager,I want to be an accountant at your firm but I can't do math and I can't read.

gabriel   October 10th, 2008 2:12 pm ET

Ohh CNN your moderation/censorship is tooo much !!!

maybe you can post this.

McCain/Palin !!!!

Sarahcudda 2012

carol   October 10th, 2008 2:12 pm ET

the only ticket that could have been worse than obama-biden would have been obama and momma!!!!!

Enough CNN!   October 10th, 2008 2:11 pm ET

Why do Obama supporters think McCain is drowning? National polls keep him oever 40% and Obama never goes over 51%.
Obama is down in the polls today.
Obama is stealing votes! People that wanted to go with him as the less of two evils may choose not to vote now.
Obama has not won, not even close.

Obama supporters, stick to the article and debate the issues of the day, stop saying desperate, drowning, and McNames.
You would be so proud if your mother, wife, daughter had done what Sarah Palin did, no matter what your personal political beliefs are.
Stop name calling, lets focus on the country.
Obama and his personality issues campaigning, the man has you all so distracted, you never pay attention to the fact that he can never campaign on his record of accomplishing anything because he hasn't.
You all need to really get in the mindset of what is going on here.

Erik   October 10th, 2008 2:11 pm ET

Senator McCain, you are not "my friend" and I don't want your old-school maunderigns to influence my retirement savings.

IAMWMD   October 10th, 2008 2:11 pm ET

Joe Biden's zinger from Missouri: Sarah Palin said she was in the 2nd grade when I was elected to the Senate but she fails to mention that she was in the 6th grade the last time John McCain came up with a good idea.

Stick a fork in them Joe, they're almost done

Obama/Biden 08

MARTINS AKINBODE   October 10th, 2008 2:10 pm ET

When it comes to International reportage, CNN trus Amampour, Nick Robinson is an experienced war rporter and CNN value him most. When it coms to "Situation Room" CNN trust in the experience of Blitzer Wolf. Frankly speaking the current global economic situation needs experienced leader like John Mccain. I weep inside of me when I read different comments that relegate John to the background, it is unfortunate, and unAmerican, America value history, American value experience, America val;ue track records, but today we see American following jamboree, and day dreaming. The whole world is waiting, waiting to see American trwing to the wind what they value most. MY CANDID ADVICE IS, PLEASE AND PLEASE VOTE MACCAIN.

No McCain   October 10th, 2008 2:10 pm ET

McCain keeps jumping from one plan to the other – like a lost dog.

He has NO idea and NO intelligence – better off just shut up.

McCain Palin have NO credibility.

Reagan   October 10th, 2008 2:09 pm ET

You puppets do realize when all of these thousands and thousands of ACORN Fraudulant voter forms are thrown in the trash O'Hamas poll numbers are going to take a nose dive.

You do know that?….Don't you?

Gadissa   October 10th, 2008 2:09 pm ET

what more can you promis me.
Suspending campaign.

madeline   October 10th, 2008 2:09 pm ET

it seems the media is letting mccain and palin slide big time.
they are not calling them out on having hate rallies where people yell,off with his head,kill him,treason.if something happened to obama they would just say,oh what a shame.
they are stoking the fires of racism in this country and cnn let's it slide.
i am very disappointed in people like anderson cooper who is not keeping them honest.
i remember him running rev wright on a loop for days and only one short story about palin's crazy pastors and mccains.no story at all about the aip.but now this stuff is life threatening and he says nothing.what a coward.imagine that,someone says kill him.off with his head and mccain and palin say nothing to admonish it.
that says all we need to know about their character.
even if you're voting mccain that should disturb you,but for most voting him it probably doesn't because they wish those things would happen anyway.

Rob   October 10th, 2008 2:09 pm ET

This from the NY Post:

"A man at the center of a voter-registration scandal told The Post yesterday he was given cash and cigarettes by aggressive ACORN activists in exchange for registering an astonishing 72 times, in apparent violation of Ohio laws. "

Obama doesn't have to worry about the fact that he has no solutions, no experience, no idea; he's got people stealing the election for him, why bother?

Yeah, I guess I'd feel pretty confident too if I had someone stealing the election for me.

carol   October 10th, 2008 2:09 pm ET

It seems John McCain has a new idea every minute…….and you want this dithering man to be in charge of this country..P…L…E..A….S…E.
McCain looks old, tired and worn out….why not just go home and live a nice wealthy life style….because the state of the country won't affect you or Cindy.
You can live in a different house every day….won't that be nice, meanwhile folks across the country are losing theirs!!!!!
McCain has the nerve to say Sen Obama doesn't understand…NO McCAIN IT'S YOU WHO DON'T UNDERSTAND and even worse you don't really care!!!
COUNTRY FIRST campaign has been an absolute disgrace……how dare McCain say COUNTRY FIRST, when we are seeing daily he is only worried about McCAIN FIRST!!!!

Oh my GOD!!!   October 10th, 2008 2:09 pm ET

This man is like a losing pitcher. Keeping throwing and keeping throwing and maybe out of the 100 pitches you may get a strike. I'm so done with the republican party. Full of hate, if you can win on the issues then step out of the race.

Andy - Atlanta, GA   October 10th, 2008 2:09 pm ET

I'm 100% pro-Obama & anti-McCain, but this does sound like a good idea. I guess if you try 100 different tactics, one has got to work!

John Wheeler   October 10th, 2008 2:08 pm ET

McCain has change his strategy and decision making. It used to be:
READY, FIRE, AIM
Now it s just:
FIRE, FIRE, FIRE
"Steady hand at the tiller?" I think not

Jen   October 10th, 2008 2:07 pm ET

McCain just keeps coming up with "plans"- without giving them much thought.

He is evidently panicked and is just throwing things out there to see what sticks.

Gadissa   October 10th, 2008 2:07 pm ET

watch your poll while it goes down to the drain while I'm watching my retirment going down.

That one is Karl Marxs friend too   October 10th, 2008 2:07 pm ET

You sheep.. Keep following the do nothing suit. Keep your faith in someone with no experience and no record. Keep following the man who will tax you beyond belief and give it away. Keep following the most left and inexperienced presidential candidate ever. You sheep are being led to slaughter.. He will not fight for you or this country.
No H Obama..

ulric   October 10th, 2008 2:06 pm ET

What can mccain do now after 26 years of polimanuvering. hey mac you've sat back and watch all this financial mess get out of hand now you us to believe you can what took you so long too late to make up now. good luck!

Kentucky   October 10th, 2008 2:06 pm ET

For the last two months we have seen the election heat up with more negative attacks. Some of the attacks are true and some are lies. With less then 3 weeks left on the campaign trail, we as voters cannot be swayed by last minute circus stunts using smoke and mirrors. We are not the same naive people in the crowd gathered to see a snake oil salesmen pitch his wares. In fact we are for the most part a nation of intelligent people who can see through deception.
The job our next president will have is becoming more and more difficult and will require a person much more intelligent than I can imagine. That could end up being Sarah Palin. GOD HELP US!!!!!

Enough CNN!   October 10th, 2008 2:05 pm ET

It is good that McCain and Obama are both coming up with ideas on what to do with the current crisis.
What is not good, is that the Democratic Congress is doing nothing, nothing, nothing.
I am very disappointed that Obama gave $800k to ACORN knowing their history.
Obama is a thief and he has the Caucus History to prove it. It really doesn't matter who was in the Democratic Primary, does not matter who is running as Republican Ticket.
Obama is a fraud and he is stealing the election. He is not honest and he is not a changer leader, he just wants to be the first black President.
This isn't about racist voters white or black, its about racist Obama. The media has made a ton of money off of this crook, but we are in the homestrech now.
McCain does not hide behind his mistakes, he admits he is flawed. Obama lies and denies, and steals votes people! What is wrong with you voters, are you not capable of seeing the reality of the situation because of main stream media? You are supposed to be so educated young people, see ALL sides.

Reagan   October 10th, 2008 2:05 pm ET

Waiting for O'Bama to figure out how to tweak McCains fantastic plan so he can claim credit for it like he always does.

O'Bama the myth.

therealist   October 10th, 2008 2:04 pm ET

John should try to make a sercet deal behind the countries back, liberals don't mind..

Denise   October 10th, 2008 2:03 pm ET

This sounds like a good idea. People who are about to retire should never have their money in the stock market! They should have it in CDs or money market accounts. But for those who have made the mistake of leaving their money in stocks, this idea would definitely help them.

It is not going to change my vote though. Obama is my man. Obama said he wants to incorporate good ideas from Dems, Republicans and Independents. This idea just might be one of those!

Arthur James   October 10th, 2008 2:03 pm ET

It's actually a good idea, but Obama supporters are so vitriolic that it doesn't matter whether it's a good idea or not, since it doesn't come from the mouth of their candidate. If it did, then they would love it.

But none of them seem to care that after all his talk of change, Obama jumped right on Bush's bandwagon for this Wall St. bailout. Is that the "politics of change?"

My biggest problem with Obama is that he has never paid his dues – and it shows; he wants to go right to the top without earning it, a poor message to send to our younger generation.

And evidence of that is this ACORN thing, which really scares me, but his supporters just don't seem to care; they are all looking the other way.

America needs maturity in its leadership, not necessarily age – but definitely maturity.

Gadissa   October 10th, 2008 2:03 pm ET

Can he understand what Economics mean?

Video Guy   October 10th, 2008 2:03 pm ET

Not a bad idea. If you keep dreaming stuff up your bound to come up with something good.

Now put your country first and call the Whitehouse and ask them to do it asap.

Carlos   October 10th, 2008 2:02 pm ET

Half my neighborhood is in foreclosure. I do not want to talk about gas, food prices, etc… and he is thinking about the INVESTORS ??? Hellooo … what about the Joe Six Pack your stupid VP is saying she is??? the Joe "I-lost-my-house" six pack ? Man, it's true…. You cant fix stupid !!!

Emit R Detsaw   October 10th, 2008 2:02 pm ET

Good idea, but many depend on the 401k money at that age as they leave the workforce. Just as impacted are baby boomers that have worked 30 years and are in their 50's. As their companies fold, will this same deal apply. Those that lose their jobs will have the time restriction lifted so they don't lose the value in their 401k's?

Throw a bandaid at a head wound mentality. Just like the gas tax holiday – sounds good on the surface, but more people don't benefit from this. It does keep some wall street folks in their jobs to mismanage the accounts.

Paul   October 10th, 2008 2:02 pm ET

Thank God Obama is ahead in the polls

We do not need angry people, but smart leadership in the White House

Obama-Biden 08

Donna   October 10th, 2008 2:02 pm ET

At this point, I can't trust anything that McCain or Palin says, since they have been rolling in the mud and speaking so many falsehoods. I'm not the only one, either. I've two friends who have consistently voted Republican as long as I have known them, they even voted for GWB twice, but they are NOT voting for McCain/Palin because they have been so dirty and have shown no dignity or real solutions that would work for the American People. I'm not talking about solutions that will work for AIG or Enron here, but for the American People.

Kelby from Houston, TX   October 10th, 2008 2:01 pm ET

Wow, is John McCain talking about a relative issue? WOW…I was just getting used to his attacks and all of the sudden he does this 180

TL   October 10th, 2008 2:01 pm ET

mccain is a total trainwrek. period. im incredibly disappointed so many americans can't see that. im happy that mccain is the best candidate that the republican party could deliver. OBAMA 08/12!

kn   October 10th, 2008 2:01 pm ET

Sure he's over 70and a half so what does he care he got his money out in good times. Did the Senate vote themselves a raise this year, well if they work for me I am not giving out raises this year. Plus the President should have to lose one half of his retirement from us. Let him know how it feels. I only had 9 months until my funds could be withdrawn by me from my retirement account. Well guess what they are gone::::::So I will be applying for food stamps. Some churches have free Spaghetti dinners once a week…….That's how the people that are retired today make ends meet..And don't even get me started on drug and medicial costs.. Do we live in America????????? Thanks George,Dickand Karl. how do you guys sleep at night.

Doris,Memphis,TN   October 10th, 2008 2:00 pm ET

My fellow prisoners, sorry my fellow Americans, can we afford to be
angry, divided and full of hatred like John McCain and Sarah Palin.
Anyone who believes in a higher power could not support these
violent and dangerous repubs.

Gadissa   October 10th, 2008 2:00 pm ET

How much did you loose from your retirment? Hope Mrs MacCain will help you.

Republican Voting OBAMA   October 10th, 2008 2:00 pm ET

This is dumb

Obama/Biden 08/12

Enough   October 10th, 2008 2:00 pm ET

These hail mary's are dropping like a rain storm. SPLAT!

Farrell, Houston, Tx   October 10th, 2008 1:59 pm ET

Palin continues to chose gossip over doing her own fact research. Palin just gets the latest gossip, appears on National TV and quote what she heard and not what she researched. And poor John McCain just follows right along behind Palin. Palin and McCain can follow each other but Americans won't be following them to the White House.

docrock,tx   October 10th, 2008 1:59 pm ET

The new Golden Rule……….whoever has the Gold,makes the Rule.Jeeez!!

michael   October 10th, 2008 1:59 pm ET

get this guy of the streets he has lost all the respect he once had pow or not..I'm sure his campaign will go down as one of the most erratic and disgusting political campaigns in history and this from a man who once said he wanted a respectful campaign strictly on the issues……..We are in such a mess financially world wide and all he can do is foster hatred and division.among Americans..I'm afraid he is now nothing more than a sorry excuse for a human being..I wish him luck even his Republican friends on Capitol Hill will shun him after all this is over!!!!

Jann in Denver   October 10th, 2008 1:59 pm ET

Another despirate grab for attention in the McLame camp. He is erratic, illogical and dangerous. Keep this man and his girlfriend out of the white house!

Debby   October 10th, 2008 1:58 pm ET

Wow a ticker that isn't closed how refreshing. Sounds good to me since people I talked to are really worried about their future investments and they don't even want Obama's tax cuts. They are more worried about keeping their jobs and the investments they have made over the years.

Farley   October 10th, 2008 1:58 pm ET

I hate to say it but McCains plan to buy up the bad mortgages at todays house value so the tax payers get the profits and the lenders take the bullet of losing all that interest is the best idea to come out of D.C. to date.

Alex   October 10th, 2008 1:58 pm ET

Senator McCain,
Everyone is getting tired of your 11th hour proposals that will cost us all dearly. We recognize you have served your country and we thank you. But million others have also and your zeal to become President has taken on the look of another overzealous fool named George W. Bush. Try and save your honor and dignity while you still have some and get your campaign out of the gutter. Perhaps someone in your campaign will actually come up with a decent proposal before the clock runs out…..but I doubt it.

Average American   October 10th, 2008 1:58 pm ET

All McWar's negative campaigning shows the truth about him. He is scum.

bob from buffalo   October 10th, 2008 1:57 pm ET

looks like crazy ol' john got into cindy's medicine cabinet.

Dave   October 10th, 2008 1:57 pm ET

This plan sounds like it has some merit. Too bad I can no longer trust John McCain to carry it out. He's gone back on every promise he's made, especially the one about running a clean campaign. I'm not going to vote for a guy who uses the kind of fear-tactics he's been using lately. So, this plan may be worth looking into… and I hope Obama will look into it, because he's going to be our next president. Because he deserves to be, and John McCain doesn't.

FAYE, NV   October 10th, 2008 1:57 pm ET

Nasty attacks against Obama/Biden display Palin/McCain weakness and their inability to address the issues people are faced with. Palin/McCain are violent and enjoys the temperment of angry voters. This is an insult to the USA, we maybe viewed as a country of disgust and bitterness. When you can not fight fair then tell a lie.

Palin/McCain what are you showing the International leaders with such hatred toward your fellow American?

Palin with an IQ of 20/09 and McCain has a bit of diamentia, this is the only thing I can come up with on each of them. McCain has to give an account for some of his past behaviors and so does Palin and her belief system.

CNN: please post this one.

nerakami   October 10th, 2008 1:57 pm ET

"Reporters did not get advance warning of McCain¹s announcement, which was not immediately accompanied by any further details from the campaign."
==============================================

That is why no one can take anything you say seriously. We don't know anymore what is real and what is an illusion. Everyday you come up with a new plan and abandon the one from the day before… we are freaked out and you want us to run behind you with these half-baked plans?

ERRATIC and reckless….

Lary Johnson-Tampa,FL   October 10th, 2008 1:57 pm ET

John McCain Top Economic Advisor just said, “We don’t want to turn our political campaign into another CNBC News show”. What the Hell is wrong with John McCain and his campaign? How can he fix it if he will not talk about it?

This is another example of John McCain’s campaign just not getting it about our problems. I cannot wait for early Election Days in Florida. John McCain should not even be a Senator. John McCain is defiantly too erratic to be President.

I forget John McCain campaign is prepare to present Ayers and Rev Wrights greatest hits…this is such BS.

Sue in MI   October 10th, 2008 1:57 pm ET

And if anyone of the four is putting her ambition over country and family, that would be Ms. Barracuda. Where is that trooper report?

Jeffer65   October 10th, 2008 1:57 pm ET

Good idea for once. Why didn't he come up with this before?

Roger   October 10th, 2008 1:56 pm ET

Senator McCain you are making a fool of yourself. End this charade now, accept the fact you have no vision, no plan, and certainly no excuse for choosing the ill-equiped, venemous, ill-mannered Palin to be your running mate. We no longer live in a Ward and June Cleaver world. We need a leader who can look to the future and that sir, is not you and Mrs. Palin.

Obama/Biden for America!

linda from South Dakota   October 10th, 2008 1:56 pm ET

as i said before,, mcccain/palin will do anything to sway voters,, if mccain has been in the"highlight" for some many years,, why hasnt he done more to improve america???? this just proves hes a dirty player and will do anything to hang on to the republican ticket,,, so far ,, the last 8 years hasnt helped us at all,, bush says to"calm down" sure,, whenhes out of office,, he lives high off the hog,,,, he doesnt give a rats ***s about the mericans,,, thats why both he and mccain stated that we were ok,, economy is stable,, then hours later, we find out we are in so much trouble,,, lets elect obama,, who knows how to fix things,, he knows how to work with the people,,,, obama/biden.08,, the yes we can party,,,,

simp   October 10th, 2008 1:56 pm ET

Brian from Canada

Why don't you take your ignorant behind back to Canada what makes you think we the American people give a rat's A$%^ what you think. You are from Canada afterall, what a laugh.

Obama/Biden

Pete, Houston Tx   October 10th, 2008 1:56 pm ET

Senators Obama and Biden are cruising on the road to victory, while Senator McCain and Gov. Sarah Palin are stuck on the bridge to NOWHERE! Poor Mcshame and Palin, the bottom just caved in and you both can get get as low as you want to get….

I don't want a president who spits out proposals on the fly. It's called pandering! I also can stand a president who would dishonor himself, because he wants to win at all cost. American's want amongst other things, an honorable president. John McCain has thrown honor to the dogs.

Sue in MI   October 10th, 2008 1:56 pm ET

Well, this is the "new agenda" item of the day, while Palin is on the "new attack" item of the day. America is scared and tired, and this is all they have? An unproven attack against Barack, and a help-the-wealthy retiree idea from McCain. I want Biden to talk about the Alaska Secessionists that Palin is so intimate with. "Keep up the good work" she told them THIS spring, and the relationship of Mrs. Annennberg (who evidently pals around with terrorists too) to McCain. Both connections are far more troubling than the crap they incite their crowds with. Wear your vest, Barack!

KEATINGECONOMICS.COM   October 10th, 2008 1:56 pm ET

This is funny. It's like back in Junior High when we held elections. Throwing crazy crap out there just to get attention. "I will make sure we eat Pizza every day!" John McCain, you're a joke. And Sarah Palin is the punchline. I can't believe how pathetic your campaign has become. The McCarthy and Jim Crowe era's are OVER. Welcome to the McCain/Palin and Fox News era! In 20 years if someone ever tries to inject race and patriotism and fear and division into a campaign, that strategy will be conducted with what will be known as McCain/Palin style tactics. Hannity/O'Reilly smears.

Brian   October 10th, 2008 1:55 pm ET

Frankenstein is shooting blanks at black cats in a dark room.

Shut up McCain! I've heard enough of your stupid proposals and hate-filled rallies! You suck!

You should be condemned and immediately removed from this race, your senate office and the social security rolls!

And take your Barbie Dolls home with you when you leave!

Obama/Biden08inJesus'Name   October 10th, 2008 1:55 pm ET

This is a gimmick! This man is not fit to lead!

Barack & Joe: Ready to lead!

Dan in Waukegan   October 10th, 2008 1:54 pm ET

Wouldn't that be regulation?

Cuban-mami-4-OBAMA   October 10th, 2008 1:54 pm ET

Wow……… some of the comments here are disturbing.

You can tell a lot about the character of a man/woman when they are down. McCain has clearly shown us who he REALLY is. Sen. Obama has, indeed, attacked back. What can you do if you are attacked, slandered and lied about? I do not hear any one at Obama/Biden rallies yelling "kill him" or "terrorist"! I do not hear Sen. Obama nor Biden inciting violence.

The Republicans have convinced me that they have not a shred of decency!

The Republicans will say and do anything to win. That's scary.

May God protect Sen. Obama!

Fenarkleman   October 10th, 2008 1:54 pm ET

McCain's new plan calls for each American to get $1 million every time he says the words, "my friends." Where does he get the money? From his magic bag of fantasy and fun that he keeps with him at all times, even when he is wandering into Tom Brokaw's camera shot.

Hey, has anyone noticed that we don't see Dick Cheney anymore?

What happened to him? Is he gone? Did someone flip his switch to "off"?

Jeez   October 10th, 2008 1:54 pm ET

Go to bed old man…

S. Boatman   October 10th, 2008 1:54 pm ET

All Of Your Ideas Suck Mccain!

MARTINS AKINBODE   October 10th, 2008 1:53 pm ET

CNN is obviously Anti-Republican, Anti-achievrers, and lopesided in this election coverage. I have no doubt in my mind that the fouder and financials of CNN are Democrats, but never democratic in reportge. It is never new President Bush (the current America's President was totally condemned by the CNN in 1984, given "victory" to his rival, but alas CNN not only failed, but failed woefully.

Everything concerning John MacCain is reported negative, as if he has dosne nothing for his country, and when it comes to Obama, CNN role out hypocritical drums to herald the coming of inexperienced would be leader. We are watching and waiting. America now face sa sistuation that if leadership is left to the inexperienced, they will leave to regret it.

Janice   October 10th, 2008 1:53 pm ET

HIllary is our only WRITE-IN option to save us from Obama.

Write In Hillary !

Scott   October 10th, 2008 1:53 pm ET

All I can say is that I PRAY that America is intelligent enough to see throught the McCain/Palin smoke screens. This country needs change NOW! We can't afford another 4 years of the same Bush crap! His dirty campaign is sick and desperate…what a pathetic excuse for a politician.

Dwayne - OH   October 10th, 2008 1:52 pm ET

Brian from Canada, you should really try to worry about what's going on in Canada. This a America…we'll deal with our own problems. So find you a website that has Canadian affairs and post you comments on one of Your own countries blogs. This is our fight, we don't need your lip kiddo. If you paid attention to what people are saying here other than you, you might notice that no one is saying anything about Canada except you. We don't care about what's going on there or what they have to say. Okay?

Bye bye now.

Fee, Philadelphia   October 10th, 2008 1:52 pm ET

He is just throwing any and all ideas out there. Even if his own party is scratching their heads. I thought the $700+ Billion plan was supposed to buy up the bad mortgages and he proposes what has been proposed. I thought he wanted to privatize social security, so I guess his plan will off-set what most people lost over the past few weeks who are getting ready to retire. Do you know how many people are changing their plans to retire because they can't afford to remove their savings from 401k's??????

As Fred said, "you big dummy!"

Obama/Biden '08

Lu   October 10th, 2008 1:52 pm ET

Undecided Conservative is the most disgraceful and ungrateful person I've read to date. Go ahead and vote for "the man who kept his word" and which side of the flip-flop word are you talking about?

SB in NoVA   October 10th, 2008 1:52 pm ET

He must be trying to make up some ground w/ the senior voters who he scared half to death with his 1.3 TRILLION dollar cut to Medicare fraud.

Well, listen up McLoser …. these are REAL people you are playing with. MY PARENTS who are retired and living on a fixed income are listening to your irresponsible and filthy mouth. You and Baked Alaska are frightening them. STOP IT!

Oh and BTW … my father is a Holocaust surviver and is more proud to be American than anyone I've ever met. He is a REAL
American hero — not YOU! Your stupid brother's comments made my whole family SICK. Northern VA IS NOT A COMMUNIST COUNTRY. You are not only crazy, you are gasping for your last breath of air in a totally DISHONORABLE campaign.

You, your running mate and your families disgust me.

Obama/Biden 08 and beyond!
Turn VA BLUE!!!

gabriel   October 10th, 2008 1:51 pm ET

Obamas lead in the polls is declining, interesting !!!!

Soo much to tell in the next few weeks.

Expect to get some truth on Barney Frank, Chris Dodd, ACORN and more.

Even BILL CLINTON admits the current sub-prime disaster is the fault of the DEMOCRATS !!

Obama is the ultimate in pandering – FREE HOUSES for VOTES !!!!

Rodger   October 10th, 2008 1:51 pm ET

McCain continues to show his erratic behavior…he is deparatly looking for anything. He will use lies, smears or wild and crazy proposals to get votes…too little, too late!!!!

Roger   October 10th, 2008 1:51 pm ET

Have any of you read this plan???? This is a wonderful idea.

Mccain is the only candidate coming up with ANY solutions…..

Barack just keeps telling us there is a problem….gee thanks Mr. Wizard

Gnomepark   October 10th, 2008 1:50 pm ET

NOW he starts with new ideas……. a little bit too late. You should of had a plan before you dug yourself into a big hole.

Thanks, but no thanks.

Obama/Biden 08
Dick Lugar (R) for Secretary of State

Peter   October 10th, 2008 1:50 pm ET

It's a very good news for the seniors. Keep fighting, John! Obama is not the President, he's the nominee as you are. You can beat Obama!

Go McCain/Palin!!!!!!!!!!!!!!!!!!!

Shay   October 10th, 2008 1:49 pm ET

MCCain is now pulling a rabbit out of the hat. It is too late in the game for those who want to retire and for those who want a college education.

Young ones need to think about a better safety net instead of investing their money in 401 k plan. If you can take a hit then that would be ok but also invest more in savings bonds.

Stock market may hold for a while but then there will be a significant drop. For the rich they can take a hit and still have something to hold onto. But for the little guy it is devastation.

Some companies do not have a pension, only 401 k. It is utterly nonsense for the little guy to invest into this with their hard earn money into stock market. People need to stop going into something blind if they don't understand the stock market. If you cannot take a hit then so be it.

For the young person. it would be savings bonds which is not so risky. It will mature after 5 years. Which is a plus if you are making plans for hard times, retirement are your child education. You can't lose with the interest when it matures.

Just think of what you would have now knowing that you have socked away savings bonds. There would be no hits but only a safety net for hard times.

Cuban-mami-4-OBAMA   October 10th, 2008 1:48 pm ET

**CNN ITS AMAZING THAT VILE COMMENTS BY THE FAR-RIGHT ARE POSTED, BUT MY COMMENTS DISAPPEAR***

Its interesting that Todd Palin was once a member of The Alaska Independent Party.

And that Sarah Palin addressed their convention THIS YEAR.

Why is the press not covering this?

For those who want to know who the Palins REALLY are check out the web site of The Alaska Independent Party.

Gail AL.   October 10th, 2008 1:47 pm ET

If you think MCcain a fool, vote for Obama and that will show what a fool is. Next year you'll have Bin Laden sitting on your doorsteps.

MCCAIN-PALIN 08

KJ   October 10th, 2008 1:47 pm ET

Suspended to be a political stunt, just like when McCain suspended his campaign?

Shirley   October 10th, 2008 1:46 pm ET

Where is the plan located John. We need a qualified lawyer, tax expert and Obama to look at it before you talk to people.

Cynthia; Bham   October 10th, 2008 1:46 pm ET

THose people who are there there listening to that nonsense about what Senator Obama's middle name is and what somebody who he was on a Board with who did something while Obama was 8 years old had better wake up. You have to wonder why the person who created that Board chose Ayers – obviously they saw something in him that was good in order to put him on the Board? If the only way Senator McCain can win is through fear then this country is going to be in one huge mess. You think it is bad now if McCain and Palin get in it is going to get worse!!!!!!!!!!!!!!!!!!!!!!!!

Mike, FL   October 10th, 2008 1:46 pm ET

More stunt from a guy who has admitted he doesn't have clue about the economy!

Chris   October 10th, 2008 1:45 pm ET

CNN – this is a hardly a "major economic proposal". It only affects people who are just turning 70 who haven't yet cashed out their 401K. It's a nice little tweak, but certainly not major.

Jerry, Illinois`   October 10th, 2008 1:45 pm ET

Lets see:

War in Iraq
Suspend campaign
Pulling Sarah Palin from the unknown
The Economy
In bed with Fox News
Going Negative with Ads

Sounds like the Grand Old Party to me.
Go John Go!

I'm really not bitter that I just lost 30% of my IRA.

Undecided Conservative   October 10th, 2008 1:44 pm ET

I have sat undecided for quite some time now. Giving you the benefit of the doubt that you had to push your message. Biting my tongue when I felt you went too low. Expecting you to get on track and discuss the issues, talk to the people, live up to the straight talk express. Honor your words of not going negative in this campaign. You have failed me, but worse, you are failing my children. They watch what you do and wonder why I was interested in you. I am ashamed of even looking in your direction.

If I could spit on you John, I certainly would.

You are the lowest from of human I have ever seen in political office in my entire life. You truly disgust me as a person. Your moral bankruptcy and the absolute dishonor you bring to this country is appalling. I hope NONE of my children EVER grow up to be anything like you!! Please leave this country, you are bringing it down!

My vote goes to the man who kept his word. I'm voting Obama!

Tim H   October 10th, 2008 1:44 pm ET

Not a bad idea John. Why didn't you talk this stuff up about a month ago instead of attacking Obama over Ayre's I think you might finally "get it" around midnite on November 5th.

Gadissa   October 10th, 2008 1:44 pm ET

Why don't you go away? You don't have any program.

Helene   October 10th, 2008 1:44 pm ET

Another plan at the 11th hour ? Who cares ! I want to elect someone I TRUST, not some old fool who is desperate and ready to sell his soul for an election.

Brian from Canada   October 10th, 2008 1:43 pm ET

Thank God at least one of the two candidates is talking about solutions and looking to the future.

Obama, is a coward that whenever asked what he would do to resolve anything, he says he had to consult with his advisors.

American people wakeup or you are going to be singing the Soviet Union's national anthem soon.

McCain and Palin and Hillary Supporters 2008

Sam   October 10th, 2008 1:43 pm ET

I agree with McShame-McPalin 100% in this issue as long as they are willing to put 50% matching contributions in my 401k Plan…

Vickie   October 10th, 2008 1:43 pm ET

It's almost as if McCain is drowning. He's flailing around doing anything he can to stay above water. He's making all these off the wall proposals, promising anything he thinks will keep him in this thing, whether it makes good sense or not.
Sad really.

JACKED-UP-POLITICS, FLORIDA   October 10th, 2008 1:43 pm ET

The same way that the investors did not get any advance warnings regarding McCain's so-called plan, this is what Americans will face also. We will continue to be left in the dark under McCain/Palin administration.

JUST LOOK AT TROOPERGATE. IF THEY ARE NOT FORTH COMING ABOUT THAT, WHAT MAKE YOU PEOPLE THINK THAT THEY WILL BE FORTH COMING IF THEY ARE IN THE WHITEHOUSE. GET A LIFE AND GET REAL AMERICANS. WE REALLY KNOW WHO WILL BE TRANSPARENT WITH THE AMERICAN PEOPLE BECAUSE "THAT ONE" IS DOING IT NOW!!!

jimmy   October 10th, 2008 1:43 pm ET

0CTOBER 10, 2008. AMERICANS LISTEN AND WATCH FOR LATEST NEWS ABOUT OBAMA'S CAMP AND AIDES MEETING WITH MUSLIMS. CNN AND FOX NEWS CHANNELS.

Gadissa   October 10th, 2008 1:43 pm ET

Just talk about what Obama did when he was in his mother'e woumb. Why do you care about what is nececary for all American. MacCain do you get it?

Accountant Guy   October 10th, 2008 1:42 pm ET

You would think at a time like this McBush would be more concerned with the report that is going to be coming out that will expose his eskimo barbie for the lying, cheating, power abusing, seperatist group member, that she really is!! America is finally seeing that the Republican ticket is a total joke and they have nothing left. We almost have our country back!!

Obama/Biden '08

mama4obama   October 10th, 2008 1:42 pm ET

Here is what I know…..John McCain doesnt make a move unless it is going to benefit HIM! So…on the outside he likes to make the package really pretty and attractive, but what you actually get from the idea is just more sloshy crap you can do nothing with.

gwg   October 10th, 2008 1:42 pm ET

No matter what plan McCain puts out, you at CNN and the Obama supporters will attack it no matter how good it is for the people. Then in two or three days when Obama repeats McCain's plan, you at CNN and all the Obama supporter will praise him and the plan.

What is new!!

Chris   October 10th, 2008 1:42 pm ET

I'm a die-hard Obama supporter, who recognizes a good idea. And I think McCain finally had one. Good for him. Hopefully Obama will acknowledge it and add his support. This can be done right away – before the election.

Pat Riot   October 10th, 2008 1:42 pm ET

“If ever a time should come, when vain and aspiring men shall possess the highest seats in government, our country will stand in need of it’s experienced patriots to prevent it’s ruin.” – Samuel Adams

Republicans= Me First Country Last   October 10th, 2008 1:42 pm ET

When is CNN going to VET Sarah Palin and John McCain????????????????

ohio   October 10th, 2008 1:42 pm ET

benefits rich people nothing new him and his friends!!!!!!!!!

otto   October 10th, 2008 1:42 pm ET

is sarah palin accusing obama of treason by sayin g he negotiated with iraqi officials against his country. cnn this fact from sarah palin must be investigated

KD NY, NY   October 10th, 2008 1:42 pm ET

Obama got a new good plan…give tax breaks to small businesses…oh wait McCain has been proposing that all along.

Lifelong Republican for Obama, Columbia, TN   October 10th, 2008 1:42 pm ET

Gov. Strickland is exactly right!

I am tired of fear, anger, hatefulness, and bitterness. This is all that McCain team and his supporters have!!! His supporters are blind and ignorant and they want to live in fear and hate. Fear and hate are not was this great nation needs right now. We need practical solutions to the very real and serious problems of this nation.

If Americans want real change and real solutions, then the choice is clear and obvious—VOTE OBAMA-BIDEN!!!

If you want to continue to live in fear and hate, then go right ahead and vote for McCain-Palin. If they win, don't whine and complain when nothing improves and the problems plaguing this great nation continue.

Greed is not good   October 10th, 2008 1:41 pm ET

That does not translate to any guarantee of return to higher values. Just because the rules are extended…doesn't mean the values are guaranteed to return to original new worth in 1 – 5 years.

Didn't we already go through this routine when Dallas teachers lost their pension when Enron went bankrupt???

Emi   October 10th, 2008 1:41 pm ET

"Current rules mandate that investors must begin to sell off their IRAs and 401Ks when they reach age 70 and one half."

What this means, my friends, is that if elected I am going to screw up the economy so badly that you will never get to retire, therefore you won't need your retirement money. However, I will need it to maintain the lifestyles of my backers, so thank you for your contribution.

J McPain

THE WORLD IS WATCHING *HOPE IS COMING   October 10th, 2008 1:40 pm ET

I'm afriad what Mccain & Palin are creating……

you know many AMERICANS have a brain the size of a PEA,,,,,it doesn't take much to fill the air with JIM CROW hatred…..

MCCAIN PLEASE STOP IT…………..IF SOMETHING HAPPENS TO OBAMA ….YOU MY FRIEND WILL HAVE TO WEAR IT LIKE YOU WEAR THE SO CALL BADGE OF HONOR ……

YOU are a coward.

OBAMA/BIDEN 08

Cheryl   October 10th, 2008 1:40 pm ET

Geezer and Air-Head make quite a team. He's just a stupid soon-to-be-irrelevant old fart, she's a hateful ignorant wacko. Truly a pair to be proud of, I'm sure the rest of the world is looking at the U.S. in amazement.

Obama - Biden 2008 and 2012   October 10th, 2008 1:40 pm ET

I guess after being the "great deregulator" for 26 years, which got this country in this mess in the first place; and after embracing Bush's failed economic policies 90% of the time McCain is running eractic and frantic to come up with something new to get his campaign out of the toilet. But he fails to realize that the American people are on to his schemes and do NOT trust him to lead this nation. He does NOT have the experience, good judgment, nor temperament to be Commander-in-Chief !

It's time for the American people to get it right and NOT vote for McCain-Palin, instead vote for change. It's time for this country to turn the page and seek a new and better future for ourselves and our children.It's time for REAL change in Washington, it's time to elect Barack Obama for president !

Obama-Biden are the wiser and stronger team to solve the crucial challenges we have in this nation and abroad !

Lewis   October 10th, 2008 1:40 pm ET

I'm a card-carrying D, and this sounds like a pretty good idea. It's not a fix, but it's a good idea.

Jeff Brown   October 10th, 2008 1:40 pm ET

Yawn… Grandpa Munster has a "new" idea, he stole it from the Democrats!

e.j.mohammed   October 10th, 2008 1:40 pm ET

Shame on McCain for his antics and untruths! He and Cindy McCain do not have to worry about 401ks or finding a job or losing any one of their homes! What an insult to the American people pushing Gov. Palin on us!!
Ex-Repulican

John in Ohio   October 10th, 2008 1:39 pm ET

Another Moron McCain plan.

Emma   October 10th, 2008 1:39 pm ET

Is McCain going to put a "chicken" in every pot now? He is pathetic……..throwing things out to see the reaction of the American voter. If it looks promising then he keeps focusing on that one idea.

John McCain, go back to your barbie doll wife and your barbie doll VP…….they are not smart if one decided to marry you and the other decided that she should accompany you ……..not to the White House!

Dr. Mimi De La Cruz for OBAMA   October 10th, 2008 1:39 pm ET

I HAVE BEEN THINKING. WHAT DOES MCGREEDY

REMIND ME OF?

ANSWER:

A VISIT TO THE INSANE ASYLUM.

NOTHING HE SAYS MAKES SENSE.

Mike, MD   October 10th, 2008 1:38 pm ET

I don't want this old man tell me when i suppose retired, also i need his proposed anyway.

Charlotte   October 10th, 2008 1:38 pm ET

Hyperbole from both sides. Politics never change, no matter who claims to be the changer!!!!!

Johnny   October 10th, 2008 1:38 pm ET

This election is essentially over. I had a pretty decent 401K in place, not so much anymore, thanks to an unnecessary war. Had they planned for Katrina before it hit LA, tax payers would have saved some money.

Bush and McCain policies brought us here at the brink of total financial collapse.

We need to save our country !

"That one" '08

Abby   October 10th, 2008 1:37 pm ET

Thismay help people who are over 70 but what about the rest of us?

OBAMACAN   October 10th, 2008 1:36 pm ET

McSame doesn´t get it… again

Paying Attention   October 10th, 2008 1:36 pm ET

Nice try. Your healthcare plan ruins your chances of winning. I have no intention of paying taxes on my healthcare.

I will never vote for you McCain.

Clinton Democrat for Obama   October 10th, 2008 1:36 pm ET

How many conservatives will condemn this plan like his other economic plans?

Obama/Biden 100%   October 10th, 2008 1:35 pm ET

written by Carol:
Thanks Carol, I could not have said it better myself!!
October 10th, 2008 1:15 pm ET

If we are to question Obama's love of American then surely we need to question Sarah Palin and her husband's significant activity and many connections to a fringe political party in Alaska, the Alaskan Independant Party. Both Palins attended two conventions for the radical party, which has called for a revote on Alaska's statehood and a draft constitution for an independent Republic of Alaska.
Does she really love American? Fair question considering her questions regarding Obama, eh?

jimmy   October 10th, 2008 1:35 pm ET

WHAT WE AMERICANS FEAR MOST IN THIS AND ANY PRESIDENTIAL ELECTION IS ELECTION FRAUD LIKE THE KIND
THE FBI IS INVESTIGATING ABOUT AN ORGANIZATION CALLED
"ACORN" WE NOTICED THE OFFICES OF THAT ORGANIZATION
IN INDIANA HAVE CLOSED SHOP . THE ELECTION OFFICIALS HAVE DISCOVERED MORE THAN 2 THOUSAND FAKE REGISTRATIONS. NOBODY KNOWS HOW MANY THOUSANDS MORE THERE ARE ACROSS THE COUNTRY. THIS ACORN ORGANIZATION IS AN OBAMA SUPPORTER AND HAS RECEIVED A LOT OF MONEY FORM THE OBAMA CAMP.

Ed Fries   October 10th, 2008 1:34 pm ET

Finally a good idea from John McCain.

But I am still voting for Obama.

Concerned Citizen, IN   October 10th, 2008 1:34 pm ET

I'll give McCain this one. I didn't know there was a rule and I think this is probably a good idea.

Tim   October 10th, 2008 1:34 pm ET

Every time McCain or Bush (they are one and the same) makes a suggestion to revitalize the economy, the stock market tanks several hundred more points. My 401(k) can't take another hit or I'll be working until I'm 90.

Please, please, Bush and McCain don't say another word, just go away.

Bob Indianapolis IN   October 10th, 2008 1:34 pm ET

SOMEONE HAS PHIL "NATION OF WHINERS" GRAMM WHISPERING IN HIS EAR LIKE JOE LIEBERMAN DOES FOR FOREIGN POLICY (can't tell Sunnis from Shiites without a program)….

David Smith   October 10th, 2008 1:34 pm ET

Senator "Republican Candidate" proposed something that was not only part of the existing rescue package, but also was addressed earlier in legislation. Is this another proposal that is already in place, yet another element of either existing legislation or his opponents ideas that he wants to claim as his own? Like the "comprehensive energy policy" that the republican candidate came up with, that was not as comprehensive as what his opponent already had, but that the republican candidate praised as his opponent coming around to his way of thinking? Does he think we are that gullible?

Spencer/Commonwealth of Virginia   October 10th, 2008 1:34 pm ET

Roth IRA is the way to go. At least when you withdrawal your money during these economic hard times, you don't get penalized for taking your money out.

MarioB. from Berlin for OBAMA/BIDEN   October 10th, 2008 1:33 pm ET

oh seems like somebody wrote him a nice teleprompter message he could read out… come on, this mcsame has no idea what's going on.
He can't stick to the issues but often to his past…

Obama/Biden in a landslide
and McSame will be slammed in the last debate

A chicken clucks in Johns yard   October 10th, 2008 1:33 pm ET

Keep throwing darts old man,someones bound to get stuck,like your foot,haha

Joe in NJ   October 10th, 2008 1:33 pm ET

I don't get it. Obama supporters complain that McCain doesn't offer any ideas and just attacks Obama. Now that he actually proposes something (which isn't a bad idea) he gets criticized. I guarantee that if Obama proposed this, his supporters would be saying what a great idea it is and how presidential he is, etc.

Teresa   October 10th, 2008 1:33 pm ET

He is addressing a real issue that retirees are facing RIGHT NOW. I'm 32yrs old, and don't have to worry about this. But there are retirees that can't afford to realize losses right now. Would you rather wait around while Obama sits on his you-know-what? The congress should take McCain's advise quickly before the mandates hurts too many.

USA '08   October 10th, 2008 1:32 pm ET

"his second major economic proposal of the week".

Funny. I think McCain has a reasonable proposal here but hardly "major".

McErratic is not the McSame person I voted for in the 2000 primary. Hard to believe he ever had any morals.

Mark, Cleveland Ohio   October 10th, 2008 1:32 pm ET

Got any specifics John, besides suspending the rules? No, I didn' t think so.

Ohio for Obama   October 10th, 2008 1:31 pm ET

McCain needs this plan . He wants to cut Medicare by a trillion and this will help those elderly ( of the amount I am unsure ) to buy some cat food o eat so they can afford to pay for their bills.

mcshame   October 10th, 2008 1:31 pm ET

With kids you have to try come up with new ways to handle them and win them over! Is that what this idiot is doing? We got news for you — MY FRIEND – we are EDUCATED adults and know of you digusting tricks. IF you can spare us that would be nice.

therealist   October 10th, 2008 1:30 pm ET

THE NATION doesn't want new ideas. Just the same old hateful retoric and socialistic tennets of the Carter years. Bring back the golory days…, as if the 70's where really all that grand.

af   October 10th, 2008 1:29 pm ET

Hey "True American"
If you do not agree with Obama's policies, that is your decision to make but to make a comment about his "Arabic Name" is so small minded and truly hateful I am ashamed to see American people still think that way.
There is nothing "wrong" with being Arabic or Islamic for that matter. Remember the fundamentals of the UNITED States of America?
Almost everyone here came from somewhere else. Where did your family come from?

Glenn Doty, Columbia, SC   October 10th, 2008 1:29 pm ET

As much as I despise the old fool, this seems like a good idea. I'm sure president Obama will consider it.

Teresa   October 10th, 2008 1:29 pm ET

Why didn't anybody else think of that?
Everyone is yelling the sky is falling, MCCAIN STEPS UP!!!
Obama did not!

Phil in KC   October 10th, 2008 1:29 pm ET

I hate to say it, but it's not a bad idea…..

Ohio Independent   October 10th, 2008 1:28 pm ET

Mr Erratic is at it again. Notice that there is "rat" in erratic. I used to have respect for McCain but no more. Barack Obama and Joe Biden is the ticket that I want to lead this nation…

MICHAEL RAE   October 10th, 2008 1:28 pm ET

ANOTHER ONE FOR KEITH ON MCAIN ON THE MEMBRAINE. IT WOULD BE SO BAD IF IT YOU DIDNT SOUND SO DESPERATE. I MEAN YOU LOOK LIKE A GRUMPY OLD MAN WHINING KNOWING THIS IS YOUR LAST SHOT AT THE WHITE HOUSE AND THE REALITY OF YOU NOT GETTING IT IS SINKING IN. SO GET A GRIP MCAIN AND LIKE THE STEVIE WONDER SONG SAYS,"GO HOME AND DONT YOU EVER COME BACK ROUND". BECAUSE IT LOOKS LIKE THAT ARIZONA SUN HAS HAD AN EFFECT ON YOU MENTAL FACULTIES.

Brian NYC   October 10th, 2008 1:28 pm ET

Who cares?? Is this all the man can think of? He finds something relating to his own age. There are very few Americans of the age 701/2 that actually have money that they are holding on to. Let him keep throwing stuff.

Spencer/Commonwealth of Virginia   October 10th, 2008 1:28 pm ET

You have a lobbyist leading your transition team John? What's up with that??? I get the chills just knowing that. Since you like to bring up the Ayers thing every day, your judgement clearly shows me that you don't do any background checks on the people in your campaign. You are more of the same! That's definitely not the change the country needs.

OBAMA/BIDEN 08

McHoover Will Destroy What is Left of America   October 10th, 2008 1:28 pm ET

McCain/Palin remind me of a fish on the bottom of a boat, flopping around, hopelessly trying to get back into the water.

12 HOUSES to 0   October 10th, 2008 1:28 pm ET

I HAVE SOME ADVISE OF MY OWN.

YOU, DICK & GEORGE CAN GO TO HELL.

YOU CAN TAKE YOUR SLEAZY VP PICK

AND YOUR PILL POPPER WITH YOU.

True American   October 10th, 2008 1:27 pm ET

@ True Americans for McCain – please go crawl back under the rock you came out from under, and take your rascist hate-mongering with you – you can join McCain and Palin at their KKK rallies….

paul   October 10th, 2008 1:27 pm ET

So the Great Maverick turns Ultra-Liberal. For what? In a desperate move to get elected.

Sorry John. Your performance over the last few weeks, not to mention Palin's outrageous claims, has convinced me… I now fully support Obama/Biden.

ANGIE   October 10th, 2008 1:26 pm ET

Will he flip flop on this in an hour or a day I wonder how long it takes until he changes his mind on this?

David Goldman for OBAMA   October 10th, 2008 1:26 pm ET

DUDE YOU SHOULD TAKE A REST OF

OF LETS SAY ABOUT A 100 YEARS.

ITS HOW LONG IT WILL TAKE US TO RECOVER.

WE DON'T NEED ANY MORE FINANCIAL ADVISE

FROM YOU & GEORGE.YOU BOTH HAVE DONE ENOUGH FOR US.

Bruce, Chicago   October 10th, 2008 1:26 pm ET

Bruce (Above) You are an embarrasment to our good name. Extending the deadline that you must begin to draw on a 401K is not a bailout for the rich. My Dad is approaching that age, never made close to six figures, not one of the "rich" you speak of. Why should he be forced to get out of stocks that are extremely depressed right now? Can't we at least temporarily give those who have worked hard a break so the market can have time to correct itself, at least a little bit? And your Ayers argument? I'm just shaking my head. You are a sad man.

Barbara   October 10th, 2008 1:25 pm ET

Suck it up McCain and Palin. Looks like the two of you will be joining all the other Americans in congratulating our new President after the November 4th election. LIKE IT OR NOT, he will still be YOUR President of the United States.

GOTCHA!!!!!!!!!!!!!!!!

Judy   October 10th, 2008 1:25 pm ET

Now John McCain makes a new proposal about 401K. How long is this going to be before he flip flops on this idea. He is in such a hurry to get plans out there fast, that he does not think things out. He reminds me of Bush rootin tootin shotin cowboy. Shoot first ask questions later. No stability to this man. He wants us to trust him and vote for him, yet he gives us reason to worry with his flip flopping of ideas. His wife Cindy states Obama is playing dirty, what does she think her husband is doing? Again, like Palin double standard. Ok to sling mud, just don't do it back to them. Sick of his lies,tricks and smears.
I have not had a President for 8 years. Looking forward to the day I can say "I finally have a President".

jean   October 10th, 2008 1:25 pm ET

John McCain is a pure idiot.

patriot   October 10th, 2008 1:25 pm ET

Obama staffers–Please check this idea out. If it flies, go with it! McCain has no copyright on it!

I am not opposed to taking good ideas now matter which side proposes them.

Peter (CA)   October 10th, 2008 1:24 pm ET

Sen.McCain, this seems like a prudent, useful idea. Why not stick to stuff like this instead of the hate and bile you and Palin have been spouting lately?

TRUE AMERICAN—I hope not. I hope this kind of American stays in the wood sand doesn't come out.

SOUTHERN HOTTIE   October 10th, 2008 1:23 pm ET

FRED SANFORD TO SENATOR MCCAIN:

"YOU BIG DUMMY!"

Voter in Wisconsin   October 10th, 2008 1:23 pm ET

I wonder if McCain knows that you don't have to begin withdrawing from several types of IRA's at any age.

CA Senior, San Jose   October 10th, 2008 1:23 pm ET

Some of us do not need to pay taxes on our relatively small mandatory
distributions because our yearly income is not that great. Under Oama's plan even fewer will need to pay taxes on their distributions. I do not agree with McCain that it would help the economy.

Bruce   October 10th, 2008 1:22 pm ET

I really feel very sorry for all the people in this country that are retired or were planning to retire this year. The Bush / McCain policies have robbed them of their golden years over 30% of their dream has gone down the drain. All McCain and Palin can do is sling MUD and pipe dreams of holding your 401K untill you are over 70 years old. Nice if you can afford to live on nothing for so long. and NOTHING is all that is left for too many people.

McCain JUST DON'T GET IT. OUT OF TOUCH!! OUT OF IDEAS!

a southern bell   October 10th, 2008 1:22 pm ET

WHAT 402KS SCUM BAG ?

WE DON'T HAVE ANY MORE OF THEM.

THEY EQUAL 0.

THANKS TO YOU & YOUR PAL BUSH.

YAM   October 10th, 2008 1:21 pm ET

THANX BUT NO THANX! I'LL TAKE THE INTELLILECTUAL TEAM!

OBAMA/BIDEN!

Franky   October 10th, 2008 1:21 pm ET

Ohhh great, what' next. Another bailout for homeowners who can't pay their bills?? Hmmm, doesn't sound like a bad idea, huh? LOL!!

Brian   October 10th, 2008 1:21 pm ET

McCain is just shooting from the hip now, on one hand proposing more Bushonomics "trickle-down" crap and on the other hand touting socialist "reform" agendas that would reward lenders and homeowners that got into the absolute worst business deals out of greed and self interest.

I don't need any of McCain's proposals, thank you very much.

Tasha S.   October 10th, 2008 1:20 pm ET

WOW!!!!!!!!!!!!!!!!!!!!! FROM 70 AND ONE HALF TO 70. REALLY!!! CAN YOU COME UP WITH SOMETHING BETTER THAN THAT?

Pat   October 10th, 2008 1:20 pm ET

It is not a GOP failed economic policies, its is congress/president failures over the past 20 years. Get your facts before blindly blaming Bush. 2ndly,l for those who are 70 1/2 and can afford not to have to draw off of their 401Ks, then this makes sense and is good.

TAYO, NY   October 10th, 2008 1:20 pm ET

Is this not another erratic campaign proposal by McCain?

He will dno anything and say anything to get elected.

Is this Country first or McCain first?

Joseph Adewole   October 10th, 2008 1:20 pm ET

TOO OLD TO MAKE RIGHT JUDGEMENTS

White-African(born there) American Military BRAT   October 10th, 2008 1:20 pm ET

This IS A SENIAL OLD MAN.

God HELP US if this man is Subliminaly Nominated as President.

WE WILL RUN FOR THE HILLS.

WE WILL REFUSE TO PAY TAXES

WE WILL BARACADE OUR LAND AND GET OUT THE GUNS

NO MORE

Daniel   October 10th, 2008 1:20 pm ET

Hail Mary, #7 (or #8 – hard to keep count).

Vic   October 10th, 2008 1:19 pm ET

Early voting is the way to go.

Registered Republican voted Obama/Biden 08

Please look deeper   October 10th, 2008 1:19 pm ET

Please please people educate yourselves. I know you are unhappy, however don't let your frustrations and desperation to grab at any hope allow you to vote for a person who is just not right for our country.

Look into ACORN
Look into Obama reading "a post American world"
Look into his broken promises to IL
Look into the man PLEASE.

RT   October 10th, 2008 1:19 pm ET

You know this is just a headline grabbing tactic. If he really had a detailed economic plan, wouldn't he have a press conference and release details to the press before hand?

Rick CT   October 10th, 2008 1:19 pm ET

Has anyone noticed that the market has dropped by nearly 30% since the polls have indicated that the election is in the bag for Obama?

Palin is a Patriot Act   October 10th, 2008 1:18 pm ET

Although this soungs like a good idea, it's PANDERING at best. Keep it up John, perhaps you reach 100 electoral votes if you're lucky…

TRUE Americans for MCCAIN!!   October 10th, 2008 1:18 pm ET

»"CNN-Obama" is HELPING(!!) that candidate with the ARABIC(!!) NAME!!!! SHAME on them!!!!

Walter   October 10th, 2008 1:18 pm ET

I'm ok with this. I don't know the reason for the forced withdrawal.

But there have been some economic hardships where I've had to pull money out and pay the penalty for early withdrawal.

With the economy tanking, how many seniors can afford to keep plugging along without needing to withdraw funds from their IRAs?

James   October 10th, 2008 1:18 pm ET

This man shouldn't think anything about the economy. He doesn't understand it and when he does have a thought, it's not beneficial to the citizens of the US. This guy is just wrong!

Sammy   October 10th, 2008 1:17 pm ET

This one might actually be popular. Doesnt mean I will change my vote. This kind of rule could be suspended immediately by the Treasury I believe so the push should go there to do it.

Len in Washington   October 10th, 2008 1:17 pm ET

Let's see….what time is it?

Oh, yeah, he's got plenty of time to come up with another three or four plans,,,,TODAY!

sad, sad, sad.

THAT ONE!!!!   October 10th, 2008 1:17 pm ET

I think since he is in his 70s he is only protecting himself here LOL

Ex-Republican for Obama   October 10th, 2008 1:16 pm ET

Treason as a POW, followed by 26 years of crimes against america. We can not afford to put this anti-american old geezer in the white house. He belongs in prison! Get out of our country old man, we don't accept your kind around here!!

Obama/Biden '08: Because we need patriots, not Benedict Arnolds!

Spencer/Commonwealth of Virginia   October 10th, 2008 1:16 pm ET

Don't you have more negative ads to put out John? Your economic policies do not resignate with me. Do some more smearing. I've gotten use to that out of your campaign. The more you go negative, the more you help the Obama campaign. So keep up the bad work.

OBAMA/BIDEN 08

Trysh, Los Angeles   October 10th, 2008 1:16 pm ET

Sounds like the gas tax gimmick again. And a push for the senior vote that he is losing.

McCain Invented the BlackBerry, Palin Invented the Manure Spreader   October 10th, 2008 1:16 pm ET

Another McGimmick of the Day.

McCain just keeps throwing half-baked ideas at the wall, hoping that something will stick. Is this the kind of steady leadership we need?

HELL NO!

McCain's campaign is in its death throes. The Obama Era has already begun. The best McCain can do now is lose with his honor and dignity in tact and try to limit the Republican losses in Congress. They will be manifold.

And there will be blood.

Ron from Baltimore   October 10th, 2008 1:16 pm ET

Don't we need to see what the plans already enacted will do in the coming weeks? Don't we need a global perspective on this?

McCain: Stop lurching around trying to hit, never mind even identifying, any possible target around. THAT IS NOT LEADERSHIP, it is fear-engendering.

You do not speak for your party, you do not speak for the financial experts of the country or of the world. You are not being helpful, especially to yourself, and you are not needed now.

Nate   October 10th, 2008 1:16 pm ET

How typically Republican! The economy is tanking, the government is broke, so let's give another tax break to the wealthiest! Stop and think about this proposal – anyone who is 70 1/2 and still doesn't need to withdraw at least one actuarially remaining year annually from their 401K must have a large independent source of other income and is not the typical retired wage-earner. The purpose of the 401K law was not to eliminate the tax on earned income, but to defer it to elder years when one would presumably be in a lower tax bracket, and the minimum annual withdrawal at 70 1/2 was included to prevent the wealthy from using a 401K to totally avoid income taxes! An average retiree has to withdraw even more than the minimum annual amount in order to live. If McCain is worried about his wealthy constituency losing money on selling stock, he could have simply proposed that the 401K holder could elect to pay the income tax on the minimum annual withdrawal without actually withdrawing the money, eliminating the need to sell stock. Is McCain this dumb or does he just think the rest of us are?

sabuc for Obama   October 10th, 2008 1:15 pm ET

"Reporters did not get advance warning of McCain¹s announcement"? I don't think McCain did either as this was pulled out some dark hole as another idea to be thrown to see if it sticks. Maybe another campaign suspension will help clear up their economic plan? But make it permanent this time!

THAT ONE!!!!   October 10th, 2008 1:15 pm ET

LOL… Obama has some sort of plan as well.. its just not as IMPORTANT at the moment with the Crisis we are in.

So McCain has been running for Pres and he just nows comes up with a plan in hopes it attracts voters?? WEll it wont help me now and I TRUST Obama/Biden and his Team which is the best Team I have ever seen the way he has ran his campaign… and know they will have a good system and plan for 401K… Better than McCains!!

Bruce   October 10th, 2008 1:15 pm ET

WHO DID YOU STEEL THAT IDEA FROM. Oh I see this is something that really helps out the FAT CATS that have really BIG 401Ks and you must do everything possible to BAIL THEM OUT

Vegas Barbie for Obama   October 10th, 2008 1:14 pm ET

This is pathetic, while his sidekick conducts hate rallies, John is feebly suggesting yet another pathetic attempt to make this economy look like anything better than it is, thanks to HIS party, HIS president. Between Bush speaking this morning and now this nonsense from McCain, voters should be running from the Repubs. VOTE OBAMA/BIDEN for CHANGE WE CAN BELIEVE IN!!
YES WE CAN!!

TERRI   October 10th, 2008 1:14 pm ET

MCCAIN/PALIN LITERALLY MAKE ME SICK!

REPUBLICANS FOR OBAMA!

Tracey   October 10th, 2008 1:13 pm ET

At this point, he's liable to say anything and do anything! Wow! Even if he knows it won't work. This is pathetic!

Bruce   October 10th, 2008 1:13 pm ET

Both Obama and Ayers served on the Annenberg Foundation board. Isn't Mrs. Annenberg a major bundler, fundraiser for McCain? How come that is not brought up to the McCain campaign?
I would challenge anyone to find one person involved in the support of education in Chicago (especially involved with Annenberg) who doesn't know William Ayers.
Annenberg's widow just endorsed John McCain over the weekend. She thought Ayers was a stand up enough person to allow him to serve on the Annenberg board.
Does that make Annenberg a terrorist, too? And therefore John McCain is a terrorist as well??

Darla (Edmonton, Canada)   October 10th, 2008 1:13 pm ET

Too little … too late! Mr. McCain … you needed new and reasonable ideas weeks … uhh, months … uhh, years … ago!

Bruce   October 10th, 2008 1:12 pm ET

One important story that has been overlooked in the media is Sarah Palin's long relationship with the largest third party in her state, the Alaskan Independence Party. Sarah accompanied her husband to the party's convention in 1994, and although she never joined the party – she has been a registered Republican since 1982 – her husband, Todd Palin, was a member from 1995 to 2002. Governor Palin herself warmly greeted this year's Alaskan Independence Party convention, and has made no effort to disavow the party and its radical agenda.

GET REAL.   October 10th, 2008 1:11 pm ET

Uh… if you read that "Bush getting ready to transition" article (why can't we comment on that?!?), it says that McCain's transition officer is (surprise, surprise!) a LOBBYIST.

Uh… so a lobbyist is going to be one of the first people TEACHING McCain… unless I'm missing something in the reading of the article…

That's a sure-fire attack line if Obama wants to take it…

C'mon CNN, you haven't been posting me enough lately…

California Gold   October 10th, 2008 1:11 pm ET

A 72 year old man's financial proposal is for those age 70-1/2.

This is case-in-point why McCain is out-of-touch.

Amy, NY   October 10th, 2008 1:10 pm ET

ERRATIC!!!!

Just because his conservative base is not happy about his 300bn plan, he had to come up with somthing that will work for investors?
Is this the kind of man we want leading this country in a time of crisis?
Don't we deserve a break, after 8 yrs of Bush?
Americans, wake up!! PLEASE!

Debbie   October 10th, 2008 1:09 pm ET

The failed GOP financial policies are dissolving 401k's quite nicely thank you! I've saved all my life and was looking to retire in 10 years with a nice nest egg as a result of all my hard work. But every time a Republican opens his or her stupid mouth the Dow drops another 400 points…in spite of relatively diversified and conservative investment, my 401k is down 30%…

So thanks but no thanks Grampa. You can sell a couple of houses and life off that. Not me.

Patrick, Takoma Park MD   October 10th, 2008 1:09 pm ET

This is the first remotely useful idea that McCain has offered. But doesn't make up for that idiotic proposal to buy mortgages from banks at face value.

Keite, Fort Worth, TX   October 10th, 2008 1:08 pm ET

Duh….that didn't take much thought Mr. McCain.

values   October 10th, 2008 1:07 pm ET

HERE IS STUPID AGAIN. ANOTHER SCHEME.

Jim D   October 10th, 2008 1:07 pm ET

Wow. Groundbreaking. Thanks John – just another 'look like I am doing something while doing nothing of signifiance' idea from the McCain campaign. Clueless.

*YAWWWWWNNN*

John Huynh   October 10th, 2008 1:06 pm ET

Fight for what's right!

Go McCain.

Yasriel   October 10th, 2008 1:06 pm ET

Have you checked your 401K today?
I Just checked mine and I have lost 30% from its all time high.

No Way, No How, No McCain/Palin

Maureen / Newman, California   October 10th, 2008 1:05 pm ET

The more this guys speaks, the more I think he and Palin are intellectual equals.

Shay   October 10th, 2008 1:05 pm ET

McCain you are a fool.

redhades   October 10th, 2008 1:05 pm ET

I'm tired of this whole nonsense! Is it too late to hunt for new Republican candidates? The race seem to be a one-sided affair now. I want a tougher opponent for 'that one'. McCanine and Palin seem to have no clue what they are doing!

kamenwati   October 10th, 2008 1:05 pm ET

Plan for your own retirement, McCain. Leave ours alone.

J E   October 10th, 2008 1:04 pm ET

John, you might want some "experts" to look over your proposals before making them public. That last one didnt go over too well with conservatives.

I hear that sen from Illinois has an excellent economic team. Let them have a gander.

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