The World Newser is World News' daily blog. Here, you'll find our staff's thoughts on the day's news and the way we build our broadcast. Plus, we'll share reports from our team of correspondents in the field, as well as producers behind-the-scenes.
RECENT POSTS
- Quotes of the Day: 'It is my intention to finish the job'
- Start Your Shopping Engines
- The Hajj and Women's Dress
- Clem's Chronicles: Afghanistan/WH State Dinner/Holiday Travel
- Photos: White House State Dinners Through the Years
- Are We Becoming A Nation of Know-Nothings?
- Quotes of the Day: 'President Obama has the information he wants... to make his decision'
- Clem's Chronicles: Jobs/Afghanistan/Health Care Reform/Deficit
- Child Safety: Crib Recall and Other Recently Recalled Kids Products
- You Buying Less This Holiday?
- President Lou Dobbs?
- The Democrats Need LBJ
WORLD NEWSER CATEGORIES
MONTHLY ARCHIVES
« Previous | Main | Next »
McCain To ABC News
September 30, 2008 3:12 PM
ABC's Ron Claiborne interview John McCain today in Des Moines, IA. Here's an excerpt from an the interview...
Claiborne: Senator, what happened, what went wrong yesterday, why did the rescue plan not pass do you think?
McCain: I'm glad you call it a rescue plan. The people who voted against it called it a bailout plan, and obviously there was a belief that this was on behalf of Wall Street and not Main Street. The fact that…many constituents weighed in very heavily with members against this because of their perception that it was a Wall Street bailout. They’re very angry at Washington insiders and Wall Street. We made some progress, we need about twelve or thirteen more votes, I'm confident that we can do that. We have to, I mean, there’s too many Main Street enterprises and families who are at risk here.
Claiborne: What do you do now? What does Senator John McCain do now to get the process, to get in the arena as you put it yesterday.
McCain: We'll stay in the arena, stay in communication with my friends. I was talking to the president this morning, and I recommended that the treasury exchange stabilization fund be used, that's 250 billion dollars that treasury has authority to use a trillion dollars to buy up mortgages, go ahead with that. And of course the FDIC, a 100 thousand, raise it to 250 thousand. Come up with ideas and thoughts that can make this more palatable. But at the same time, we have to convince our constituents that this is effecting the ability of the small business man or woman to get the line of credit to stay in business. And by the way, could I just mention, if we pass this, it stops the bleeding, but long term we gotta cut spending, we gotta lower taxes, we gotta keep people in their homes, we have to, a long way to go to get this economy rolling. Short term stop, stop the bleeding, long term recovery.
*****
Claiborne: Is you political fate, your fortune, your chances into this election now attached getting an agreement soon?
McCain: If it were, I would be very optimistic. I think we are going to reach some kind of resolution but I don't want to tie my political fortunes to... The important thing is to work together for Americans today. I can’t frankly consider what effect this has on my political fortunes. I can't consider that because America, families of America, working men and women of this country deserve our undivided and… support for an effort that is not colored by our political ambitions
*****
Watch a clip from the Interview.
September 30, 2008 in Vote 2008 | Permalink | Share | User Comments (30)
You can follow this conversation by subscribing to the comment feed for this post.
Unless I read incorrectly earlier today, Obama suggested the FDIC increase before JM even talked to the president.
If the acticle was correct, then ONCE AGAIN we are hearing lies from the JM camp........
Obama rocks!!!
Posted by: jc | Sep 30, 2008 3:26:05 PM
Actually, jc, the House Repubs suggested the FDIC increase last week. Once again Obama is trying to take credit for an idea that he had no part in.
And, what did Obama say yesterday?? I believe he said "the fundamentals of the economy are strong". Why isn't the media jumping all over him for that?
Posted by: Liv | Sep 30, 2008 3:33:26 PM
McCain has no where to hide his face for for the collapsed bailout.
Why did he suspend his campaign and a
almost no-show at the debate!!!!
Posted by: FM | Sep 30, 2008 3:34:18 PM
It failed for lack of GOP leadership. If McCain can not lead the most devoted members of his party who want to see him elected; how in the world is going to lead this country?
Posted by: Paige | Sep 30, 2008 3:35:09 PM
Too bad John McCain didn't give Obama the credit for the 250M suggestion for FDIC funds. Obama presented that today.
Of course his last paragraph is for sympathy because his BIG risk backfired.
Posted by: cindyct | Sep 30, 2008 3:36:35 PM
Poor McCain...he is totally bombing, the polls show Obama ahead in all polls by 2-6 %
Posted by: formerhillary | Sep 30, 2008 3:37:46 PM
The media isnt prepared to attack Obama for anything in the slightest. I have said for 8 months now that the media has corrupted itself more drastically than at any time in american history to basically campaign for one candidate.
Posted by: infoseeking | Sep 30, 2008 3:41:43 PM
FM...he was taking a risk that if the bailout passed it would make him look like a hero. I guess he forgot that a lot of his collegues have BIG ego's and put their personal feelings in front of the good of the country.
Posted by: thetruth | Sep 30, 2008 3:42:47 PM
Liv,
Because once more they know, as does EVERYONE who BOTHERED to listen to Obama, that he said once everything is resolved then we have to make sure the fundamentals are sound.
How can some folks who post here manage to find the light switches in their homes? Oh, I forgot. They prefer living in the dark.
At least, when you transcribe your talking points, make sure you have a few that at least have some basis in reality.
What a ..... forget it. You guys are so silly and so blind that you will never ever get it.
Posted by: Kitty | Sep 30, 2008 3:44:41 PM
info...I guess you don't watch FOX much. They are leaning so right, they are about to tip. Hannity and Cohen are the worst. You should watch them one night and have a good "feeling"....They have an Obama bashing every night...
Posted by: thegoodtimes | Sep 30, 2008 3:44:45 PM
Liv: the Obama quote is "We've got the long term fundamentals that will really make sure this economy grows." So, essentially the same thing.
And I too heard the House GOP pushing for an increase in the FDIC last week.
Obama always tried to take credit for Hillary's ideas too. We shouldn't be surprised that he's moved on the the Repubs.
Posted by: Jacqueline | Sep 30, 2008 3:46:44 PM
infoseeking: did you ever, ever consider that Obama might not give the media stuff to attack ? the media certainly wasn't gentle with any of the other Democratic candidates, but you probably didn't notice, because the most skilled, the most intelligent, the most compassionate candidates was... **gasp** Black.
Posted by: Sevres Blue | Sep 30, 2008 3:47:10 PM
Kitty,,,you must be blind if you blame this in the Dems. The Rep have been in office for 8 years. Plus, McCain is the biggest deregulator of them all.
Posted by: thegoodtimes | Sep 30, 2008 3:47:16 PM
Obama didn't say that; he clearly said the fundamentals of the plan would work long term. Get out of here with silly lies please.
Posted by: PoliticsAsUsual | Sep 30, 2008 3:47:32 PM
What can you do about folks who willingly misinterpret the facts? Folks who actually believe John McCain did ANYTHING for the country rather than his campaign, anyone who believes he did anything but muck things up, well, I have a bridge to no where to sell you.
And Liv, Obama never said what you claim he said in the context you would like to have us believe he did. He was talking about the future, about what would be the next steps to ensure the fundamentals remain strong.
The fact you are doing the Republican dirty dancing with the facts is probably the reason you can't find the lie being reported by anyone other than 'outraged' republicans.
Posted by: Deidre | Sep 30, 2008 3:48:13 PM
Jackie...Obama is confering with Clinton all the time. It is called teamwork, unlile the Reps who would rather voice their own punitive ideas of feeling "hurt". What a bunch pf babies. Try living in a house with no heat, no lights and no food...
You are all an insult to people who are going under...
Posted by: taxing | Sep 30, 2008 3:50:28 PM
No, no, you misunderstood or I miscommunicated. The point I was trying to make is the Liv was quoting Obama out of context to make him look as silly and ignorant as McCain...it is the old Republican trick to bait and switch.
This fiasco lays at the feet of the Republicans and their 'Messiah' John McCain, who tried to part the waters and turn the water to wine, but just got wet and.
Sorry for the confusion. I can't read these silly interviews with McCain with a straight face anymore, or read the equally silly posts of Republicans desperately trying to defend him--usually by spreading lies about Obama.
Posted by: kitty | Sep 30, 2008 3:51:58 PM
Don't forget that House leadership also failed to get some of their most important members to support the bill. Some of Frank's own committee members bailed. Frankly, the Dems could have told the Reps to pound sand and pass the bill they wanted, so it's dishonest to blame all of this on McCain.
Posted by: professorx | Sep 30, 2008 3:53:13 PM
It's interesting to see that the Republicans are blaiming all this on the Speakers speech before the vote. I guess this means that Nancy Pelosi has more influence with the Republicans in Congress than does John McCain. If he can't ralley his own party to support a bill proposed by their own party president, how impotent is he?
Posted by: greg | Sep 30, 2008 3:55:07 PM
We finally now understand what John McCAIN means with his new Campaign slogan ''''COUNTRY FIRST''''.
His behavior demonstrates that what he means is that if his campaign appears to be going down, he is willing to take down the entire country first!
Posted by: Truth Matters | Sep 30, 2008 3:56:11 PM
Post a comment
