.
September 25th, 2008
01:58 PM ET

Is McCain playing politics with the nation’s financial crisis?

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/09/25/art.mccain.global.gi.jpg caption="John McCain announced that he was suspending his campaign and pulling TV ads."]

FROM CNN's Jack Cafferty:

Senators Barack Obama and John McCain are in Washington to meet with President Bush and other lawmakers... After the president summoned them there to help hash out a bipartisan resolution to the big 700 billion dollar financial bailout plan. It's another grand but empty political gesture. But you can't let a good photo-op go to waste.

Hours earlier, Congressional leaders reached an agreement on a bipartisan counter-proposal to the Bush plan... Without the help of either candidate or the president. The lawmakers are hopeful they'll have a vote within days and a bill on the president's desk soon after.

Yesterday John McCain, in a grand gesture, announced he was suspending his campaign and rushing to Washington to save the day. A lot of people saw that as the naked political stunt that it was. House Financial Service Committee Chairman Barney Frank, one of the architects of the bailout plan, said, "We're trying to rescue the economy, not the McCain campaign." McCain's plane had barely touched down when lawmakers announced their deal.

Now presumably he won't have an excuse for not showing up to debate Barack Obama in Mississippi tomorrow night.

Here’s my question to you: Is John McCain playing politics with the nation's deepening financial crisis?

Interested to know which ones made it on air?

FULL POST


Filed under: John McCain
September 24th, 2008
05:52 PM ET

What do you want to hear from Bush tonight about the economy?

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/09/24/art.bush.un.gi.jpg caption="Bush will be addressing the Nation tonight about the $700 billion dollar bailout plan."]

FROM CNN's Jack Cafferty:

Tonight President Bush will address the nation about the financial crisis. He is expected to put pressure on Congress to pass the $700 billion financial bailout plan Treasury Secretary Paulson has put on the table.

Senate Majority Leader Harry Reid criticized the president earlier in the day for not explaining the plan to the American people. Tonight he will.

Then comes the hard part for Congress. They are scheduled to adjourn on Friday for the rest of the year... Bailout package or not.

And some lawmakers are more eager to leave Washington than others...

Democratic congresswoman Jane Harman from California said yesterday congress should stay put until they "find the right answer to this problem."

According to Politico.com, Democratic Senator Byron Dorgan and Republican Senator George Voinovich have both expressed doubts that a consensus on the bailout can be reached by Friday. Senator Sherrod Brown, the Democrat from Ohio, said "if it takes two or three weeks, that's okay."

But we haven't heard much from other lawmakers about sticking around in order to solve this problem.

Of course the President could order them to stay.

Here’s my question to you: What do you want to hear from President Bush tonight about the financial crisis?

Interested to know which ones made it on air?

FULL POST

September 24th, 2008
04:59 PM ET

Should the first presidential debate be postponed?

 Click the play button to see what Jack and our viewers had to say.

Click the play button to see what Jack and our viewers had to say.

FROM CNN's Jack Cafferty:

Senator John McCain suddenly announced this afternoon he is suspending his campaign and returning to Washington to lend a hand in the search for a solution to the nation’s deepening financial crisis.

President Bush is expected to address the nation later this evening and try to convince Americans the situation is so dire that Congress must pass the proposed $700 billion bailout bill. Trouble is, the public isn’t so sure it wants to hand the government another blank check for that much money.

McCain has also called for the postponement of the first presidential debate scheduled for this Friday night in Mississippi.

Watch: Cafferty: Postpone 1st debate?

Barack Obama says the debate should go on as scheduled. It might be helpful, particularly to voters who remain undecided, to hear the two men who want to lead the country for the next four years discuss their ideas for solving what is arguably the worst financial crisis to hit the United States since the Great Depression.

Here’s my question to you: In light of the financial crisis, should the first presidential debate be postponed?

Interested to know which ones made it on air?

FULL POST


Filed under: 2008 Election • Barack Obama • John McCain
September 24th, 2008
01:50 PM ET

Why won’t McCain let Palin talk to the press?

ALT TEXT
John McCain won't let Sarah Palin talk to the press. (PHOTO CREDIT: GETTY IMAGES)

FROM CNN's Jack Cafferty:

John McCain doesn't want reporters talking to his running mate. Why not?

The Straight Talk Express - which, by the way, is an expression you don't hear much from McCain these days - would prefer no talk at all if the conversation is between the news media and Sarah Palin.

Yesterday's photo op at the United Nations between Sarah Palin and Afghan President Hamid Karzai was a joke. The McCain people weren't going to allow any reporters in the room when the two met - just cameras. It was only after the networks threatened to not cover the event at all that the McCain people relented and allowed a pool producer into the room. He was permitted to stay for a total of 29 seconds before being escorted out. And of course, no questions.

This kind of cheap theatrics is beneath someone who wants to be president of the United States. Unless you're John McCain. Then apparently it's ok, and his campaign doesn't think the voters are smart enough to figure out what's going on. I think they're wrong about the voters.

Here’s my question to you: Why won't John McCain allow reporters more access to Sarah Palin?

Interested to know which ones made it on air?

FULL POST


Filed under: John McCain • Press • Sarah Palin
September 23rd, 2008
05:44 PM ET

What will you look for at the Presidential debates?

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/09/23/art.debate.split.gi.jpg caption="CNNs most recent polls have Obama at 49% and McCain at 44%."]

FROM CNN's Jack Cafferty:

With the polls tightening, the stakes for the upcoming presidential debates are getting higher. The first of three debates is set for this Friday in Mississippi. Despite all that is already known about John McCain and Barack Obama, presidential debates are famous for sometimes producing a moment that will change the outcome of the election. The pressure is definitely on.

The Wall Street Journal reports that Obama's advisers are looking for ways for Obama to provoke McCain's anger or to show that he's out of touch with the average American. McCain's advisers are coaching McCain to pounce on certain phrases Obama may say like "as I’ve said before..." A McCain aid told The Journal Obama uses that phrase on occasions where he's actually changed his mind.

The first debate was supposed to cover domestic issues, but both campaigns agreed to change it to foreign policy. McCain's camp feels foreign policy is his strong suit. Obama's advisers want to hold off on a domestic issues debate because they believe Obama will have the upper hand in that discussion.

Here’s my question to you: What will you be looking for when you watch the debates?

Interested to know which ones made it on air?

FULL POST


Filed under: 2008 Election • Barack Obama • John McCain
September 23rd, 2008
02:00 PM ET

What does it say when Palin is meeting heads of state & Clinton hosts Farm Day?

 Click the play button to see what Jack and our viewers had to say.

Click the play button to see what Jack and our viewers had to say.

FROM CNN's Jack Cafferty:

Vice Presidential hopeful and Alaska Governor Sarah Palin had a pretty full schedule today in New York, including meetings with Afghan president Hamid Karzai, Iraqi president Jalal Talabani and Colombian president Alvaro Uribe. Also on her dance card: Former Secretary of State Henry Kissinger and rock star-turned-humanitarian Bono. These folks are all in town for the fall session of the United Nation's General Assembly.

Watch: Cafferty: Palin and Clinton

In Washington, meanwhile, former Presidential hopeful Senator Hillary Clinton is having some high-powered meetings of her own. She is hosting the seventh annual New York Farm Day. The guest list, according to her office, includes: "producers of New York's award-winning wines, farm-fresh products, and fresh seafood."

Who would have thought a couple of months ago that Clinton would be showcasing her state's agriculture industry while a first time governor and hockey mom who just got her passport last year would be meeting with heads of state at the UN?

Here’s my question to you: What does it say that Sarah Palin is meeting with heads of state at the UN while Hillary Clinton is hosting Farm Day?

Interested to know which ones made it on air?

FULL POST


Filed under: Hillary Clinton • Sarah Palin
September 22nd, 2008
07:07 PM ET

What will Sarah Palin and Hamid Karzai talk about?

ALT TEXT
Sarah Palin will be meeting with a number of heads of state and dignitaries this week at the United Nations General Assembly. (PHOTO CREDIT: GETTY IMAGES)

FROM CNN's Jack Cafferty:

Leaders from all over the world are gathering in New York this week for the fall session of the United Nation's General Assembly.

And with all the possible conversations between heads of state and other political leaders that will go on there...One meeting is creating so much hype, the flies are fighting for spots on the wall to listen in.

Alaskan Governor and Vice Presidential candidate Sarah Palin is scheduled to meet with Afghan President Hamid Karzai. The meeting comes as the McCain-Palin camp works to assure voters she has a good enough grasp of foreign policy to be one heartbeat way from the presidency.

Until now, Palin's foreign policy experience involves a trip to Kuwait and Germany to visit Alaskan National guard members...And something about being able to see Russia from her house.

According to the Washington Post, while in New York Palin will also meet with the presidents of Georgia, Iraq, and Pakistan as well as the Indian Prime Minister.

Here’s my question to you: What will Sarah Palin and Hamid Karzai talk about?

Interested to know which ones made it on air? FULL POST


Filed under: Hamid Karzai • Sarah Palin
September 22nd, 2008
05:52 PM ET

Do you care how many cars John McCain owns?

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/09/22/art.cts.assemblyline.gi.jpg caption="The Cadilac CTS assembly line in Detroit, MI. One of McCain's thirteen cars."]

FROM CNN's Jack Cafferty:

With just 43 days left until the presidential election, we've officially entered "silly season."

A new piece on Newsweek's web site points out the number of cars each of the presidential candidates owns.

John and Cindy McCain have 13 cars while Barack and Michele Obama have just 1. This is according to vehicle registration records. Two of McCain's cars - a Honda sedan and a Volkswagen convertible - are foreign-made... Even though he's said before that he only buys American.

The Democratic National Committee quickly pounced on this car issue and organized a conference call with United Auto Worker Union president Ron Gettelfinger. The UAW has endorsed Obama. Gettelfinger said on the call that the revelation about McCain's vehicles shows he is not being truthful with Americans. And he went on to say that owning these two foreign vehicles is undermining American autoworkers. The car McCain uses for personal business, by the way, is a 2004 Cadillac CTS, made by general motors.

Barack and Michelle Obama's only car is a 2008 Ford Hybrid Escape.

And why anybody cares about this is beyond me.

Here’s my question to you: Is the number of cars John McCain owns an important issue to you?

Interested to know which ones made it on air?

FULL POST


Filed under: John McCain
September 22nd, 2008
02:00 PM ET

How can your confidence be restored in the US economy?

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/09/22/art.bush.econ.gi.jpg caption="As the financial crisis worsens can your confidence be restored in the US economy?"]

FROM CNN's Jack Cafferty:

The Bush Administration wants Congress to approve that $700 billion bailout package of troubled Wall Street firms… and fast.

President Bush said this morning "the whole world is watching to see if we can act quickly."

But let's remember this is Congress we're talking about.

Senate Democrats want to put their stamp on it and have sent around a plan of their own by way of a counter-proposal from Senate Banking Committee Chair Christopher Dodd.

Democrats are a little worried about protecting homeowners in the future.

They're also concerned about signing over a blank check to the Treasury Department without any clear plan to protect taxpayers.

They want some oversight of the bailout plan.

The government is sailing into uncharted waters, and there are no guarantees whatever they come up with will do the trick.

The idea seems to be that doing nothing would have been disastrous… so doing something is better than that.

As far as how fast they get it done… Congress is scheduled to adjourn for the rest of the year on Friday - and when their vacation is threatened, they sometimes can move fairly quickly.

Let's just hope they can get it right.

Here’s my question to you: What will it take to restore confidence in the U.S. financial system?

Interested to know which ones made it on air?

FULL POST


Filed under: US Economy
September 19th, 2008
05:47 PM ET

Are federal bailouts a good idea?

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/09/19/art.fed.reserve.gi.jpg caption="As much as $1 trillion could be needed to avoid a meltdown of the U.S. financial system. "]

FROM CNN's Jack Cafferty:

Treasury Secretary Henry Paulson and members of Congress have quite a weekend planned.

They'll be behind closed doors hashing out this so-called "troubled asset relief program"… code name for really, really big bailout.

And while we're free to carry on with our regularly-scheduled weekend plans, rest assured we'll still be playing a pretty big role in this whole rescue plan... As taxpayers.

Secretary Paulson says the price tag for this bailout will be in the hundreds of billions of dollars.

But he is "convinced that this bold approach will cost American families far less than the alternative - a continuing series of financial institution failures and frozen credit markets unable to fund economic expansion."

Wall Street seems to think he's right. As word got out yesterday stocks rallied, and when the plan was confirmed this morning, the explosive rally continued.

Time will tell if the celebration is premature.

Interested to know which ones made it on air?

FULL POST


Filed under: US Economy
« older posts
newer posts »