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McCain Says We've 'Stopped the Bleeding' on Bailout Bill, Praises Palin's Performance
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ShareOctober 03, 2008 2:27 PM
ABC News' David Wright, Alyssa Litoff, and Bret Hovell report:
At a town hall meeting in Pueblo, Colorado, Republican John McCain lavished praise on his running mate Sarah Palin for her performance in last night's debate.
"How 'bout Sarah Palin last night?" he asked the crowd gathered in a gymnasium at Colorado State University. The crowd whooped and hollered.
"Viva la barracuda," McCain said. "I almost felt a little sorry last night for my old friend Joe Biden,” McCain said, laughing. "She did a magnificent job."
McCain quickly pivoted to the bailout package that made its way through the House of Representatives just as he took the stage here.
"We've stopped the bleeding," he said. "But now we need to reform the way we do business in Washington. "This is the most severe financial crisis we have faced in our lifetime. And there are no easy answers to it," he said.
But a voter later challenged McCain, asking him why he opposes a plan described last night by Sen. Biden that would allow homeowners to refinance their mortgages, lowering principle as well.
"Before we bail out the banks, why don't you help the people?" he asked. "What do you say about that."
McCain responded with boilerplate talking points, blaming the housing crisis on the failure of Democrats to properly oversee the government sponsored enterprises Fannie Mae and Freddie Mac.
Republicans allege that campaign contributions from Fannie and Freddie executives bought them lax treatment by Democratic lawmakers in control of congress. McCain takes credit for warning of the need for reform 2 years ago.
But, aside from saying that "our challenge is to help Main Street and not Wall Street," McCain did not address the substance of the voter's concern or explain why he opposes the plan Biden outlined.
For the second time in 2 days, McCain signaled that he plans to go on the offensive in next week's Town Hall debate with Barack Obama.
Yesterday in Denver a voter asked him, "When do you plan to take the gloves off?" McCain shot back, "How bout next Tuesday?"
Here in Pueblo, he gave some hint as to the direction of his planned attack: "Tuesday night we're going to have a Town Hall meeting, and we're going to learn a lot about who's going to be a conservative, who's a liberal, who's going to raise your taxes."
October 3, 2008 in McCain, John | Permalink | User Comments (50)
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McCain/Palin -government of the people, by the people, for the people
Posted by: jeff | Oct 3, 2008 2:49:48 PM
blah blah .. maverick.. blah blah... surge.... blah blah.... pow.
You are tired John, both figuratively and literally.
Posted by: make it known | Oct 3, 2008 2:52:58 PM
"The bleeding has stopped"?
It may have stopped spurting but the blood is still seeping out.
Palin, while adequate, was far from convincing that she has the capability of being VP, let alone a heartbeat away from the Presidency.
Most Americans agree Biden won the debate. He is the one who we can trust to be able to take over in the event of something happening to Obama.
If it came to Palin do that . . . a wink and a "you betcha" would be her only fall-back!
Posted by: Tom Kaye | Oct 3, 2008 2:54:28 PM
McCian knows he chose a loof, goof, and spoof! You can tell by the way he looked at her when Katie Couric asked her if she was ready to lead if need be.
He gave her that WTF have I done look and you are so destroying my campaign.
WOMEN FOR OBAMA!
Posted by: Bobbi | Oct 3, 2008 2:54:30 PM
Both of them are Empty Suites and liars....
They have nothing to offer us. Last night just like Joe said.. Where are your plans... they have none.
Posted by: beck | Oct 3, 2008 2:57:16 PM
Bring it on McSame!!! You really don't want to go there but if you do you will be destroyed by Obama/Biden.
Posted by: Mike Sk | Oct 3, 2008 2:57:24 PM
What happened to my post?
Posted by: Bobbi | Oct 3, 2008 2:58:13 PM
This whole bit about the surge was a success, there would not have been a surge needed if the lie was not told!
Posted by: Bobbi | Oct 3, 2008 2:58:52 PM
Your going down this time Obama Hussein
McCain/Palin 08!!!!!!!!!!!!!!!!!!
Posted by: Joey | Oct 3, 2008 2:59:25 PM
McCain could have been a real "maverick" and opposed this fat laiden b.s bill.... I don't feel too good about him now...and the political pendulum is swinging left.....which means I am afraid that we may have to listen to Osama Bin Lying for 4 years...
what a nigtmare on elm street..main street...if this is where we are now I can only imagine what 4 years of liars Obummer and Pelosi and Reid will leave us! The three stooges! Wonderful!!!
Posted by: Independent | Oct 3, 2008 3:03:01 PM
Welcome to the two party moronic convergence. wher's the 2000 Straight Talk Express gone? Now all we get is blah blay, I was a prisoner blah blah I know how to win a war(Which war is that anyway?) blay blah We've domne something (even though it's the wrong thing and won't work to stop or even slow the bleeding. Wow do we need better candidates and parties!
Posted by: dem-dog | Oct 3, 2008 3:14:29 PM
MikeSk -I guess you want a communist to run your country. Fine, when double digit inflation and interest rates are your thing, fine. If you define tax increases as patriotism or neighborliness, fine, you will love Obama. If you want more mortgage mess like Fanny and Freddie's CEO friends of Biden and Obama, then go ahead and vote for Obama. If you want Obama to keep sending memos to FARC the terrorist orgainization in Columbia, fine, vote for Obama. If you want a person to sit in a church and hear hate-filled rhetoric for 20 years, fine, vote Obama. If you want a person who befriends and does business with a person who tried to blow up the pentagon and other U.S. buildings like William Ayers, fine, vote for Obama. If you believe the lies of Obama when he says he will not tax small companies in capital gains taxes. Fine, believe that malarky (suckers). Fact is: they DON'T pay capital gains taxes! So, if you want to be swindled by two guys who tell you they root for the middle class guy but really aren't (they are both millionaires), fine, vote for Obama. Fact is, Palin won the debate. And she called on Biden about his lies and it was funny! Tsk, tsk Joe Biden for not knowing what the VP does. Did someone put tape on the back of his head to make his eyes look weird?
Posted by: justrighttoo | Oct 3, 2008 3:25:37 PM
WHY IS IT THAT EVERYTIME SOME REPUBLICAN HAS TO SAY SOMETHING ABOUT OBAMA. THEY BRING RACE, RELIGION, AND LIES INTO THEIR ARGUMENT. THAT IS WHAT THE REPUBLICAN PARTY IS FULL OF RACIST, IGNORANT PEOPLE THAT THE SMARTEST THING THAT CAN COME OUT OF THEIR MOUTH ARE HATEFUL WORDS. PLEASE LOOK WITHIN YOURSELF AND SEE THAT ALL THAT HATRED YOU HAVE IS FOR YOURSELF. PEOPLE LIKE THAT ARE THE REASON WHY PEOPLE LIKE OBAMA EXIST. PLEASE KEEP IT UP CAUSE YOU ARE THE FUEL TO OBAMA AND EVERY SUPPORTER AND IT SHOWS THE CHANGE HE IS FIGHTING AND YOU ARE TRYING SO HARD TO STOP. I WILL SAY IT NOW OBAMA IS OUR NEXT PRESIDENT. IF YOU DONT LIKE IT GO TO IRAN, OR CUBA, OR NORTH KOREA AND YOU WILL SEE WHO REALLY ARE OUR ENEMIES.
Posted by: ZEKE | Oct 3, 2008 3:29:57 PM
To the detriment of the Democrats, Palin's winning performance has forced the spotlight exclusively now on McCain & Obama. The VPs and the legitimacy thereof is now a non-issue. A position the Democrats didn't want to find themselves in. Finally, It's Rocky Balboa versus Apollo Creed. Rocky knows he can win if only he can figure out a way to corner him. Obama is about to be cornered.
Posted by: David | Oct 3, 2008 3:47:40 PM
WE ARE REALLY NOT OPEN MINDED TO THIS POLITICAL RACE I HAVE BEEN ONE OF THE MOST CONFUSING PERSON IN THIS POLITICS RACE I CANT EVEN IMAGINE. I WATCH THE DEBATE LASTNIGHT HOPING TO SEE SARAH PALIN COME OUT ON TOP, BUT TO MY SENSE OF KNOWLEDGE SHE DIDNT HAVE ONE CLUE AND WHAT THE QUESTIONS THAT WERE ASK. SHE DIDNT ANSWER AT ALL I WAS WONDERING "WHAT THE HELL". IT OBVIOUS THAT SHE ONLY KNEW ABOUT WHAT SHE HAD PRACTICE IT IS SAD AMERICA.WOW!!! SOMEBODY NEED TO TELL MCCAIN THAT HE MADE A WRONG CHOICE PLEASE... THIS IS SICK, HOW IN THE WORLD SOMEBODY RUNNING FOR SUCH A HIGH POSITION CANT ANSWER QUESTIONS THAT IS DIRECTED TO HER IN REGARDS TO OUR CURRENT CRISIS. WHAT NEWSPAPER SHE READING OBVIOUSLY NONE. PLEASE PLEASE STOP IT STOP IT. THIS MCCAIN/PALIN SCARE THE HECK OUT OF ME. HELP HELP HELP HELP
Posted by: JANE | Oct 3, 2008 3:49:17 PM
Hope he picked up a bouquet for Keith Olbermann too – the least he could do to thank Keith for incessantly and unfairly attacking Hillary during the primaries.
No flowers for Ted Kennedy or John Kerry though – their endorsements of Obama meant nothing in MA where Hillary whooped his a** by 15 points.
And for Oprah – forget flowers; just pick up a few pizzas for her to snack on.
Posted by: ch | Oct 3, 2008 3:50:07 PM
Oh my God. So now we have the maverick and his little barracuda. Get a life you two. Preferrably somewhere far away from America.
Posted by: Sarah Who? | Oct 3, 2008 3:56:14 PM
No.....the bleeding hasn' stopped and quite frankly, I see the Republican penchant for subterfuge is still intact.
Take a sow's ear and try to make a silk purse out of it. Blah blah blah
Posted by: seansatx | Oct 3, 2008 4:16:06 PM
This is the last big Pig F%#@ of the George W. Bush administration. They have been raping this country for the last eight years and had to get that last bit of money before they leave. Shame on both parties! McCain's platform is "no earmarks" and he voted for this bill! I'm an Arizonan and will not vote for McCain this time around.
Posted by: Claudia | Oct 3, 2008 4:18:56 PM
During the debates:
Sarah Palin to Joe Biden, Obama voted "no" 200 times.
Joe Biden's response to Sarah Palin, John McCain voted "no" 400 time.
Sarah Palin no rebuttal
Posted by: Lookup | Oct 3, 2008 4:31:15 PM
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