
Click the play button to see what Jack and our viewers had to say.
(PHOTO CREDIT: GETTY IMAGES)
FROM CNN's Jack Cafferty:
Funny how a stock market crash and the failure of a few big investment banks will distract Americans from the flavor of the day. There doesn't seem to be the burning interest in who makes Sarah Palin's glasses that there was even a few days ago.
Former White House adviser and Republican strategist Karl Rove told the Associated Press this week that the Palin phenomenon will fade between now and the election. And that may already be happening. Suddenly following the big bounce Sarah Palin and John McCain got coming out of their convention, Barack Obama is once again moving ahead in the national polls. Obama's a heavy favorite when it comes to handling the economy, and the crisis in the nation's financial system may have helped him.
Watch: Cafferty: Palin's 15 mins up?
Plus Sarah Palin has said she will refuse to cooperate in the investigation into her firing of Alaska's Public Safety Commissioner, she has said some awkward things during interviews and campaign appearances, and a recent CBS news poll shows only 42 percent of Americans think she is prepared to be vice president.
Here’s my question to you: Is Sarah Palin's 15 minutes of fame over?
Interested to know which ones made it on air?
[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/09/19/art.mccain.sec.ap.jpg caption="John McCain said 'Raising taxes in a tough economy isn't patriotic.'"]
FROM CNN's Jack Cafferty:
When you graduate 894th out of a class of 899, eventually it will show up.
And John McCain's mediocre performance at the Naval Academy is showing up big time this week in his total lack of understanding of the nation's financial crisis.
He told us he didn't know much about the economy… now he's proving it.
So much so that the Wall Street Journal, perhaps America's leading financial publication, is blasting McCain over what its editorial board sees as inaccurate and, "unpresidential" comments about the crisis in America's financial system.
If you're a Republican running for president of the United States and the Wall Street Journal basically says you're an incompetent buffoon, you're in serious trouble.
Specifically the paper pointed to comments McCain made yesterday about SEC Chair Christopher Cox.
McCain pointed the finger at Cox and said if he were president, he'd fire him for "betraying the public's trust."
The Wall Street Journal called that assault "both false and deeply unfair."
The Journal also said, "In a crisis voters want steady, calm leadership… not easy, misleading answers that will do nothing to help."
Here’s my question to you: What does it mean when the Wall Street Journal slams Mcain on the economy?
Interested to know which ones made it on air?
[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/09/18/art.ny.papers.gi.jpg caption="The financial crisis is worsening on a daily basis."]
FROM CNN's Jack Cafferty:
If you think the fallout from the crisis in the financial system is barely touching your life, think again.
The Dow, Nasdaq and S&P 500 are all down around 20 percent so far this year which means whether or not you've had the stomach to look at a statement, your 401(k) Is getting hit hard.
Thinking of taking your money out of the market and using it to buy a home instead? Besides the risk of selling stocks at a loss, banks are tightening lending standards making it tougher to get mortgages. And that's not just for people with bad credit.
Using your credit cards to get by until things start to clear up isn't such a great option either. Miss a payment and expect to get whacked by your credit card company. USA Today points to penalty rates as high at 32 percent.
Finally all those hundreds of billions in government loans and bailouts for AIG, Fannie Mae-Freddie Mac, Bear Stearns and the like is money you and I, the taxpayers, are on the hook for as well.
Here’s my question to you: How is the deepening financial crisis affecting you?
To read the rest of this entry
FULL POST
[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/09/18/art.palin.michigan.gi.jpg caption="Governor Sarah Palin is refusing to cooperate with the investigation."]
FROM CNN's Jack Cafferty:
Republican Vice Presidential candidate Governor Sarah Palin is refusing to cooperate with an investigation into the firing of Alaska Public Safety Commissioner Walt Monegan.
Palin's office claims Monegan was let go for insubordination. Monegan says it's because he wouldn't fire a state trooper named Mike Wooten.
Three years ago that trooper was in the middle of an ugly divorce from Sarah Palin's sister. Monegan says Palin pressured him to fire Wooten. Palin denies that. Monegan ended up losing his job.
Alaska lawmakers have been looking into this matter since July. It has been a bipartisan investigation and Palin had originally agreed to cooperate. But not anymore.
The Alaska Attorney General, who was appointed by Palin, said yesterday the governor has "declined to participate" in the investigation.
Here’s my question to you: How much do you care whether Sarah Palin cooperates in the trooper investigation?
Interested to know which ones made it on air?
Click the play button to see what Jack and our viewers had to say. (PHOTO CREDIT: GETTY IMAGES)
FROM CNN's Jack Cafferty:
For those of you keeping score at home, so far this year, the U.S. Government has agreed to shell out about $800 billion in loans and bailout packages. That includes everything from the $300 billion to help struggling homeowners refinance mortgages they shouldn't have gotten in the first place to the $85 billion loan Uncle Sam is extending insurance giant AIG.
Not exactly chump change…
On Tuesday, John McCain said he opposed a taxpayer bailout of AIG but changed his tune a day later, saying the government had no choice but to come to the rescue.
Watch: Cafferty: Economy and Voting?
Barack Obama hasn't directly addressed the bailout question. But Obama contends that the anti-regulatory stance of Republicans in Congress is the reason why we're in this mess. And while his VP candidate Joe Biden said Tuesday he did not think the government should rescue AIG, the Obama-Biden camp acknowledged a day later, it had to be done to protect the economy.
Here’s my question to you: Has the growing financial crisis changed your mind about who to vote for for president?
Interested to know which ones made it on air?
[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/09/17/art.capital.blue.gi.jpg caption=]
FROM CNN's Jack Cafferty:
House Speaker Nancy Pelosi told MSNBC yesterday that the Democrats do not bear any responsibility for the mess on Wall Street. Democrats have had control of congress for the past 2 years, and Republicans pointed out they haven't passed any legislation regulating congressional excesses.
If they had tried, it probably wouldn't have mattered.
The White House likely would have vetoed it or Republicans in the Senate would have blocked it, and it never would have passed to begin with...
Whether it's the economy, energy or foreign policy, the interests of the American people increasingly take a backseat to partisan politics, finger-pointing and the blame game.
There's no commonality of purpose to cooperate in the interests of our citizens. The parties only pretend to care about us, but they don't really.
What they care about is holding onto power at all costs - which is why this presidential election is going to "cost" in the neighborhood of one billion dollars.
And you can bet Congress will take its next vacation the end of this month right on schedule.
Here’s my question to you: What would it take to restore your faith in our government?
Interested to know which ones made it on air?
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.
Watch: Cafferty: Fatal McCain error?
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?


Recent Comments