[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/images/03/26/art.sarahmac0326.gi.jpg caption="Speaking at the Heritage Foundation Thursday, Sen. McCain acknowledged the political star power of his former running mate Alaska Gov. Sarah Palin."]
WASHINGTON (CNN) – Former Republican presidential candidate Sen. John McCain has no illusions about the 2008 White House race.
"God bless them," McCain said Thursday at the Heritage Foundation when reminded of the tens of millions of people who voted for him last year.
"Over 50 million people voted for me and Sarah Palin – mostly for Sarah Palin," McCain said to an eruption of laughter. But "there was a sizable majority of the other party returned to Congress. And, elections have consequences. Elections have consequences. And these consequences we are seeing now in full display."
McCain described himself as "very nervous" about the Obama administration's proposal for FDIC-like resolution authority over non-bank financial institutions like AIG in order to prevent another near calamity in the global financial system.
"I understand that we need some of these institutions to be taken over before they are total failures but I am very nervous about that . . . about the expansion of government oversight," McCain said. "But we have to do a better job of regulation and transparency. The status quo is not acceptable either."
McCain's speech Thursday at the conservative think tank focused on the country's economic crisis and dire long-term fiscal outlook. Before he spoke, the former presidential candidate was greeted by a standing ovation in an auditorium filled with people primarily in their 20's and 30's.
The american people and all their kids and grandchildren will be paying for what this new left-wing whacko president is proposing. I hope and pray that it is Obama's nutty followers and their families that feel the wrath and pain that he is unleashing – probably not since most are on welfare, don't want to work, and want the government take care of them. He is taking us straight to hell...
In 4 years, McCain and Palin will look pretty good.
Liberals are extremely happy with Sarah Palin. McCain would likely have lost with any running mate, but an intellectual dipstick like Palin sealed Obama's victory.
Liberals duly wish Sarah Palin is the nominee of the Republicans in the future.
Gosh! You left-wing socialists need to get a life. McCain made a joke and you'll take it all so serious. By the way, there were millions of Americans who DID NOT vote for Mr. Obama. Could that many be wrong? Doubt it!
Anyone who thinks this unqualified candidate in Palin actually helped this demented old man is so far out of touch with reality that they can go ahead and vote for her in 2012 thinking she can actually win. Please, go ahead.
let's get rid of the conservatives for ALL elections, after all W said he was a compasionate conservative and where did that take us????,,,not jindi or pilin (louisiana and alaska). for that matter. as for the evangelicals......NO COMMENT NEEDED..........
McCain would have been a much better choice that the showboat socialist we got saddled with. Palin was and is 10 times smarter than either Obama or Biden. Neither are qualified to run a sno-cone stand.
palin is great! why are you so worried?
Voting for McCain and Palin would have been a mistake. They have shown their colors: complaining about Obama's decisions without offering any suggestions except lower taxes or lamenting that the press is unfair.
Mr. McCain has particularly shown that he is nothing more than a petulant child; upset that he lost the game so he has to vilify his adversary. This is the man that the press has hailed as an American hero? I think not.
Palin and the rest of the good old boys can not win against Obama. The GOP needs a new face. I'd like to see Paul Ryan name in the hat for prez!!!
Here we go, slam Palin around some more. While you're at it, why not take a few more cheap shots at her family. Have any of you geniuses ever done any real thinking or do you just let certain media talking heads form your opinions? Get a life! The election is over.
he still hasn't figured it out
Actually, most people voted for neither of you. They voted for Obama.
Funny thing is McCain, your 'base' would've never voted for Obama anyway.
You actually had a chance if you had run with anybody BUT Sarah Palin.
Remember the exit polls, and the last bit of polling before the election.
People stated they would not vote for you because of the ineptitude of Sarah Palin. The Republican base just isn't big enough to win presidential elections.
"....And there was that media slant this go round," she said. "And unless things change, the GOP had really better can stand together, 'cause we got that on the battlefield also...."
That couldn't be part of it, could it? A basic grasp of grammar is a good thing.
Scary. Sarah as Prez???? holy shackels!
It's a travesty that "Palin" and "President" are even uttered together. And McCain just needs to shut the hell up. He has been all for deregulation and still doesn't want companies that the American taxpayers own 80% of to have any say in what they do. I'll bet if he didn't marry money and had to work for crumbs like the rest of us, he'd sing a lot different tune. For someone who is where he is because of who he married has NO CREDIBILITY! Take away Cindy, her family fortune/influence, great-grandfather, grandfather and father (military men) and what do you have? A war vet who didn't win a war and lived only because his captors didn't take his life. He's no hero.
The Pure Hatred yall have towards McCain/Palin amazes me. But when I say truthful things about obama, then I'm told I'm full of hatred. I just Hope and Pray that obama does not Totally Destroy this country like he is trying. Hell he didn't even know he signed the bill that authorized the bonuses for AIG, what kind of man is that, didn't even know what he signed. What else will he sign without reading it, then get mad because it became law. I'm scared to death that this man is going to Destroy what millions of men and women died to protect.
Personally, I would love to see Palin try again just to hear you spineless liberal Cry! Cry! Cry!
During a campaign stop right before the election, Palin said that our economy just needed "some shakin' up and some fixin'". What?!?! THANK GOD she and John didn't get elected to higher office.
He forgot to mention how she "energized" those moderates and idependents who decided to cast a vote for Obama BECAUSE of her. He knows she was one of the major reasons he lost the election, but ok, he' being a gentleman....
Then McCain should have put her on top of the ticket. Maybe he would've won ( sarcasm)
Nice of McCain to admit it. Kinda late though.
Obama has turned out so bad, and if he continues to be in over his head the GOP is gonna have 20 candidates in the primary and the Dems will challenge him.
How about if Clinton turns on him to whoop him in 2012?
Mr. Chairman, delegates, and fellow citizens, I will be honored to accept your nomination for president of the United States.
Anyone who voted for Palin should be shot to help improve mankind. Seriously.
It's 2009. Enough religious ignorance. We want books, we want education, we want intelligence in the white house. Obama is not perfect, but he's great compared to these two. I love how idiot republicans are actually blaming Obama for the financial crisis and not being able to fix it in 2 MONTHS. ...and we wonder why terrorists want to kill us. We're ignorant, selfish, and thoughtless people. I think it's hilarious. So does the rest of the world.
who cares. you both lost. now go sit down.
It takes one to know one.