[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.
I voted against Obama. Unlike the rest of the idiots on this site, I realized he would wreck this economy. Now we have a black President acting just like his black constituency.
We are in an economic mess because the bleeding heart libs thought every black welfare case deserved a $500k loan on a house. Of course, these folks were incapable of holding a job long enough to pay-off the debts they incurred. Freddie and Fanny collapsed the system and the house of cards set up by the bleeding hearts began to destroy our economy. Now Barack Obama is running up a national debt that we are unable to afford, just like his affirmative action constituents.
Palin is why I didn't vote for McCain.
we are much better off with the lying duo we have now, huh?
All Of you narrow minded Democrats are ignorant and blinded by the new "president's" charisma. Open your eyes and see that we have(as a country) voted in a leader that will do no more that make our country much weaker through the desicration of our military. It has already begun. This ignorant fool is sending 17,000 more troops to this war on terror and has extended the stay there from 12 to 19 months for each soldier. He has also neglected to provide the military with sufficient funding and resources for this new push. He is simply giving us more of the same and trying to tell us that it is different.
I've voted Democrat since I've been able to vote, but the combined rhetorical dishonesty and Chicago thuggery of Obanus changed my outlook for good.
Although I did hope they would end this war – too bad they decided to send even more troops over. Fool me once...I don't think so. I didn't vote for this crap, and won't ever again.
I love it! Obama is clueless how to run the country but a know-next-to-nothing ideologue who disdains science and thinks God put us in Iraq is who we need to lead this country????
And the right wing wonders why everyone on the left and in the center doesn't agree with them. No ideas, no solutions, just rhetoric of the worst kind. No wonder this country is in the mess it is in. Yeah, let's trust the guys who work for the corporate interests to make things right.
Wow its good to see some people that can see through obama's good looks and slick talking skills.
Comments like "Most people hate Palin – how can you not, she's an idiot" strike me as really strange. Why would you hate someone for being an idiot? Disagree with a candidates policies – fine. But hate them? Are democrats afraid of putting a women in a position of power?
If Palin couldnt control her own immoral daughter then how on God's green earth would she have controlled the Iranian or North Korean president.
Rene, you just showed to the world your own ignorance. Wow...
If you believe that people voted for Sarah Palin instead of you, you probably need to move up to Alaska where you can vote for her again. Palin was your down fall, your major reason for losing.
I'm not surprised about Senator McCain's unguided comment that: "And these consequences we are seeing now in full display"
Senator McCain is obviously still very bitter that he got "whupped" badly in the general election by a mere "Junior Senator" and he knows that ambition he's always had to be president is as good as dead now. Well, think about it, McCain can try and see Obama as his son who has set out to do great things for the Country. Let the people judge for themselves, or does this McCain guy really think people ain't smart enough to figure all these things out?
McCain needs to stop bad-mouthing every single effort; afterall, he had his chance to correct most of the problems being fixed all these years. All of a sudden, he got beaten and he thinks he needs to bite back, c'mmon McCain. Show a good sportsman spirit; or you'll risk losing your Arizona seat.
Palin lost this election for McCain. Isn't that pretty obvious. McCain would have won with a real running mate.
One of the scariest remarks on this comment board was from someone who said that they voted for Palin and will again. Folks who think like that without seeing who else is even CONSIDERING running have some serious blinders on.
I hope Palin DOES get the Republican nomination in 2012...I'd love to see her trying to go up against Barack in a debate. =)
It's amazing that Sarah Palin could not give not mention one book or magazine that she read in the past year. She looked totally ridiculous during several interviews and it was always the medias fault. Hopefully if she decides to run again she'll spend a little time in the library.
Palin was pathetic. She was used by McCain. McCain, you knew better that you were using her to get votes from Hillary Clinton's supporter and from ALL racist conservatives. Knowing what you were doing, you lied to all Americans that you picked Palin for her experience. You really were a semi-professional liar because your lies were so flimsy.
McCain showed his true self when he put her on the ticket. All the "County First" stuff was a load of crap. It was "McCain First". He risked leaving the country in the hands of a complete moron and her sleazeball husband in order to get a shot at the White House. He would have risked it, he would have risked saddling all of us with a total incompetent in the White House. Can you imagine her dealing with other heads of state, she can't even complete a sentence that makes any sense at all. He came very close to putting us all in a very , very bad place. And what's really funny, ha ha ha, is that she and the first dude actually thought they had a shot at the whole enchilada....
Todd on Cape Cod,
First, there hasn't been a popular vote "landslide" in many, many years. Second, I agree that Sarah energizes the uber-conservatives and that's fine, Rush Limbaugh energizes a large radio audience, too, but Rush's entire audience (somewhere between 14 and 25 million with about 8% of that number being non-citizens – no exact figures are available) isn't enough people to elect a president. About 128 million people voted in 2008 and Obama won by almost 10 million. And, remind me who's a "whackjob" when a couple years from now, you and your family have decent affordable healthcare, we aren't fighting some hideous war for oil somewhere and the heads of large corporations no longer make 250 times as much as you...
Gingrich in 2012!
McCain basically contridicted himself and said nothing.
He doesn't want to take action but then said yes we should.
Republican, we cannot take anymore or THEIR action.
We have already had enough that got us into this mess.
I like McCain, but he has really lost his way from his ORIGINAL principles.
Just , well, Crap!!!!!!!!!!!!!!!!!!!
What the hell is "Overseas Global Contingency?"
If the Dems are so clueless.....Where are the Repubs ideas ? Oh thats right they dont have any
I'll never vote for a lady!!
If John Mc Cain believes that, then he truly should not have been elected President. Many people didn't vote for HIM because of Governor Barbie, they were frightened to death that he might die in office and we would end up with this ditzy woman as president. What happened to John McCain and his thinking processes? I think he should check in with Megan more frequently.
It is very funny to see all these folks saying what a drag Palin was on the McCain ticket. Most of these folks are the very same ones who told us Obama was going to be the greatest president ever. How's that working out for you now? Sorry folks but your credibilty is shot!