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September 26th, 2008
07:06 PM ET

Is Palin qualified to be President?

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Click the play button to see what Jack and our viewers had to say. (PHOTO CREDIT: GETTY IMAGES)

FROM CNN's Jack Cafferty:

There is a reason the McCain campaign keeps Governor Sarah Palin away from the press.

This is a direct excerpt from Katie Couric's One-On-One interview with Sarah Palin, which aired Wednesday on CBS.

COURIC: Why isn’t it better, Governor Palin, to spend $700 billion helping middle-class families struggling with health care, housing, gas and groceries? … Instead of helping these big financial institutions that played a role in creating this mess?

PALIN: Ultimately, what the bailout does is help those who are concerned about the health care reform that is needed to help shore up the economy– Oh, it’s got to be about job creation too. So health care reform and reducing taxes and reining in spending has got to accompany tax reductions.

Watch: Cafferty: Palin fit to be president?

If McCain wins, this woman will be a 72-year- old heartbeat away from being president of the United States.

Here’s my question to you: Is Governor Sarah Palin qualified to be president?

Interested to know which ones made it on air?

FULL POST


Filed under: Sarah Palin
September 26th, 2008
06:07 PM ET

Is Biden an asset or a liability for Obama?

FROM CNN's Jack Cafferty:

Senator Joe Biden is never at a loss for words. That is both the good news and the bad news.

See not everything Biden says is helpful to the Democrats' cause.

Example: He told the CBS Evening News this week that in 1929 "when the stock market crashed, Franklin D. Roosevelt got on the television and didn't just talk about the, you know, princes of greed. He said, 'Look, here's what happened,'"

Only FDR wasn't in office in 1929 and there wasn't any television then either.

In the same interview, he called an Obama ad attacking McCain as computer illiterate "terrible." Last week, he criticized the government bailout of AIG without checking with the campaign first. Barack Obama later said, quote, "I think Joe should have waited."

There's more. Biden said that paying higher taxes was the patriotic duty of the rich. And earlier this month he told a crowd that Hillary Clinton may have been a better vice presidential pick than he was. Like we said…never at a loss for words.

Here’s my question to you: Is Joe Biden an asset or a liability for Barack Obama?

Interested to know which ones made it on air?

FULL POST


Filed under: 2008 Election • Joe Biden
September 26th, 2008
04:53 PM ET

Govt. bailouts or free market corrections?

Are Federal Bailouts the answer to a country made great by a free market society?

Are Federal Bailouts the answer to a country made great by a free market society?

FROM CNN's Jack Cafferty:

The financial crisis is uncharted territory.

Nobody knows if a $700 billion government bailout will do the trick or not. If we do nothing, the pessimists suggest we're headed off a cliff. Granted, in time and left to their own devices, the markets would likely self-correct. The question is whether the country could stand the pain that would undoubtedly involve.

On the other hand, if we allow the federal government to, in effect, take over and/or manage some of our biggest financial institutions, we have compromised our capitalism. And no one knows what the long term effects of that might be either.

The engines that drove our economy to be the most powerful the world has ever seen are free markets and an entrepreneurial spirit that allows those willing to take big risks to reap big rewards.

According to an Associated Press-Knowledge Networks poll, 57 percent said they think the bailout is needed to keep the U.S. economy out of a serious recession. But only 35 percent said they think the plan would resolve the financial crisis.

Here’s my question to you: Should the government bail out the economy or should the markets be allowed to correct themselves?

Interested to know which ones made it on air?

FULL POST


Filed under: Free Market • US Government Bailouts