FROM CNN's Jack Cafferty:
We awoke this morning to news the government is loaning the nation's largest insurance company, AIG, 85 billion dollars to keep it afloat.
Then we sat back and watched the bottom continue to fall out of the stock market.
The former Chairman of the Federal Reserve, Alan Greenspan, said we are experiencing a "once in a century financial crisis." which may be why democratic strategist and CNN political commentator James Carville said on the Situation Room yesterday that the comment from John McCain on Monday about the economy being “fundamentally sound” was a game changer.
That was the day that Lehman Brothers filed for bankruptcy and the Dow lost more ground than it had in seven years.
Carville said unless something totally out of the ordinary happens, the stupidity of McCain's remark virtually assures Obama of a win in November.
Oh, and you probably won't be seeing much of McCain adviser Carly Fiorina in the future either.
She told a radio host yesterday that neither John McCain nor Sarah Palin, quote, "could run a corporation."
That's the kind of stuff you expect the Democrats to say.
Here’s my question to you: Was John McCain's statement that the economy is fundamentally sound a fatal error?
Interested to know which ones made it on air?
I don't know if it is a fatal error, but a lot of the people that vote are not the brightest light bulbs in the room. But it backs up the fact he is in another world from the rest of the working people. Oh yes, I only have one home. And I make under $5 million also.
It really should be, Jack. But McCain seems to be getting a free pass from all the media and his supporters. I have not seen an election where a candidate, like McCain, can say so many gaffes like this and nothing happens. I am really beginning to subscribe to the theory floated recently that this election will be won on race.
Quite possibly so. Sounds like Herbert Hoover saying the same thing as the Great Depression hit. Hoover was just another greedy Republican also.
The comment is only an issue in the minds of the talking heads justifying their television shows and in the minds of Democrats who have already decided to vote for Mr. Obama. Yes, we are in a critical 'moment' but America is still a strong economic force in the world. I say it is the commentators who don't get it.
Well, it's a matter of perspective. I mean, how many stupid things does a candidate have to say before America realizes he is stupid?
David from Fort Collins, Colorado writes:
How can John McCain even begin to understand the nuances of the financial markets when he can't even count the number of houses he owns.