[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.
As long as the republicans cling to Big Rush, it won't manner WHAT they do, seems they are determined to remain in the minoriety.
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"Elections have consequences. And these consequences we are seeing now in full display."
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No Senator, but if we wait we might see what the consequences are. Former President George W. Bush didn't mess this country up this bad in just two months, so why should Obama be expected to fix it this quick?
@ American Voter: the Presidency isn't a lifetime achievement award that you earn through heroic acts. If it was, we'd be talking about Capt. Chesley Sullenberger 2012 right now. He didn't deserve the Presidency because he didn't have the right ideas or the right delivery. Trying to scare people into voting for him was a shameful act beneath a man of his stature. Trying to convince voters that President Obama called Sarah Palin a pig and wanted to teach kindergarteners to have sex instead of teaching them how to read was beyond sad and pathetic.
ToddonCapeCod...
In this country, 53% to 47% counts as an electoral landslide. Go back and read some electoral history and see how many elections in the last hundred years have been won by that large a marjority. Not many.
Second, I get really tired of conservatives referring to President Obama as an empty suit and worse. President Obama has fresh ideas, more than one can say for the right wing of the country whose only solution to every problem is "cut taxes".
Finally, as far as I'm concerned, let Sarah Palin energize the conservatives. Better yet, let her be the Republican nominee in 2012. I guess that 53% won't look like so much of a landslide after all.
Brian
Even if in gest that was a very gracious comment by McCain. Based on the exstensive exit polling he surely knows that the swing voters in the center gave nervousness regarding Sarah Palin being a heartbeat from the Presidency and her strident pro-life stance as their major reasons for voting Democratic.
I doubt that he could have won even with a more traditional running mate like Mitt Romney, but it certainly would have been a LOT closer.
Nevertheless Sarah is certainly an interesting figure and if she can get herself up to speed on world issues and avoid disasterous interviews like the Katie Couric fiasco she's probably got a place on the national stage.
She's certainly a pleasure to observe!!!
You voted for Mccain, and the Left are the ones that are crazy? Empty suite?...try editor in chief of the Harvard Law Review and Prof. of Constitutional Law at the University of Chicago...yes he is clearly unqualified for the position he now holds.
Yes...you are so right about us being so wound up about how Palin "energizes" you and you are right......we absolutely don't want the you all hanging on the every word of the living embodiment of 'teh St00ped'...who managed to sink Mccain's presidential hopes the minute that idiot picked her for his running mate.
No heaven for fend......don't do that...I don't think I could survive another Obama term....
You are all wrong. The people voted against George Bush. Most who voted for BO didn't vote for President but for a "ROCK STAR". A rock star does not make a President.
Sen.McCain,Palin; Obama...EXPERIANCE is what we deserve.
Look where we are at and where we are going with INEXPERIANCE!
Presiden Obama LUVS people talking when good about him and just HATES disagreements. Look at AIG: President past bill (did NOT READ IT) and now, what a miss. If Pres. Bush had done what Pres. has done in his first few weeks, OH MY GOSH!!! Pres. Obama is taking our country down and fast. WAKE UP!!!
American Voter said: This lifelong Democrat who has never voted Republican even for a dog catcher- did vote for John McCain. I still bellieve that he was an all american hero who deserved the Presidency
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I pray to God that you will not be voting next time. If your ONLY criteria to vote for John McCain is because he was an American hero, and "deserved" to be president. It suggests very strongly that you don't know how to vote. My Uncle Buck was an American hero, fought in Vietnam, with 2 tours of duty. He specifically says that you need more than being a hero to fill the shoes of POTUS.... and John McCain, never have, and never will have what it takes..... and I agree with him.
Wrong, over half of the people voted against her, and you for making such a ludicris choice in running mates.
Strange, but where I live most of the people that I knew who originally were going to vote McCain, changed their minds after the Palin VP choice. Especially the women in my wife's office. They seem to have been genuinely offended by her as a choice for VP.
We had a choice of bad or worse and we picked worse. Now we have to do all we can to minimize the damage Obama does to our country and our way of life. I hope we can get real conservatives in Congress in 2010 to stop his agenda.
I understand Senator McCain being nervous, but it is now a necessity. AIG and other companies were the eight-legged spider weaving risk to financial institutions. Regulators were asleep at the wheel everywhere. Now these insitutions have failed so badly they maynot come back on their own. I'm nervous too – because if the government can't fix this with late in the game regulation and oversight, our economy may NEVER recover...
"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."
I just wanted to point out that McCain said we don't need oversight, just better regulation. I happen to think that better regulation is the same thing as better oversight, so I'm kind of confused by what he meant
. I'm not chagrined at all. Current polling has Obama beating Palin by 20 points in 2012.
Obama is the right man at the right time for the job of President. We elected the right guy.
Air-head Palin didn't even know what a Vice-President does and people still voted for her. The whackjobs on the right have no standards whatsoever. Leading our country is a difficult job. Having someone run for office that doesn't even know what that office does is quite a scary thought.
I still can't believe ANYONE voted for a ticket with Sarah Palin. Picking her showed that McCain was not capable of making decisions that were for the good of the country. He rightly deserved not to be elected for that one decision alone.
Hey Enlightened Voter, so let me get this straight, you're actually happy we chose an inexperienced, done-nothing, America-hating, socialist, liar with his buffoon, hair plugged, fake-toothed, punch-line of a vice president rather than an old, cranky but experienced American hero and a sitting governor. My guess is that you are either an apologist, unemployed or you don't make nearly enough money to have an educated opinion. Yep that sounds like enlightenment to me...
To American Voter:
If crashing several fighter jets and being capture by the enemy,and leaving your disabled wife makes and lying nonstop makes you a american hero. Then he is the greatest american hero of all time.
What trips me out is how democrats or liberals can speak so negatively about people they know nothing about that are American Heroes and then you all claim we're the dirty, nasty, hatefilled people. On the campaign Obama did nothing but dog Bush and claim McCain was a clone and then you all say McCain ran the dirty campaign. You all destroyed Palin when she first came out. Then you all have the audacity to say we're racists and evil and mean. Look in the mirror hypocrites.
Nobody deserves the presidency. You have to earn it !
Sen McC, 1. Big "O" Won! 2. Jr and Nut didn't DO any thing over 8 yr's! 3. U and your VP'vote was a Joke! Had your team been U/Mitt, all I can say is "Congrats".
I was on the fence on who to vote for until he chose Palin as his running mate. She's a nitwit and a bold faced liar! After that I didn't vote for Obama, I voted AGAINST Palin. If he'd gone with Mitt Romney, or someone else with a strong Financial background I would have voted for him in a heartbeat.
McCain is right about something...we did vote for Sarah and not him. What is funny is to see uninformed people calling people liars...as if the Obama admin is full of honest and upstanding citizens(oops tax evaders and lobbyists). Even funnier is the baseball player getting ready to serve time for misleading congress. Give me a Break!
I am a liberal and a democrat but I did vote for John McCain. Sarah Palin made it even easier to make my choice. The reason Sarah helped McCain is she is genuine, and that's all there is to it.
@ suzyku
"dirty, nasty, hatefilled, klan like" seems more descriptive of your post than of McCain's campaign. Way to froth, though.