*6:04 – Obama: ‘we are in a worse economic situation since the depression. The fault: the worst economic policies of the last eight years. They deregulated.’ Again, Obama spoke out against Fannie/Freddie, but he had no compunction against being the second biggest beneficiary of their monies. Obama says he wants oversight, yet when John McCain pushed for regulation and oversight two years ago, Democrats shut him down.
*6:07 – McCain: ‘Sec of Treasury would buy up bad mortgages. Until we stabilize the economy, we will not turn things around and get things working. McCain would possibly appoint Meg Whitman or Warren Buffet. Great answers. Contrary to Obama who runs to the government as a source of oversight, McCain would go to the private sector, to hard working, leading Americans to solve the problem. Not Wall Street regulars, not people within the American government. Obama did not name names as to who he would consider appointing as treasury secretary. That is very curious for the man who is assumed to be strong on the economy.
*6:11 – McCain: ‘Not bailout, it’s a rescue’ plan. McCain has confidence in the recovery in the economy. John McCain is right, Fannie Mae and Freddie Mac operated with the encouragement of Sen. Obama and the Democrats who pushed the sub-prime legislation. ‘Obama, the second highest recepient of Freddie Mac and Fannie Mae in history.’ Yep.
Continue reading Liveblogging the McCain/Obama Presidential Debate #2
By John Mark Reynolds
John McCain cannot give a great speech, but he has lived a great life. He has done great things, but he wants to do more. Tonight John McCain did well, but Sarah Palin gave the speech everyone will remember. Her soaring rhetoric met her promising reality and caused a national explosion of interest in the Republican Party.
She beat Obama as the most watched speech this year.
That is fine with the Maverick, because he is not known for his rhetoric, but his reality. Nobody can match his reality.
John McCain was inspirational, especially at the end, because he is an American hero running to serve his nation.
His speech was about what he would do and what he believed. It was straight and clear and McCain was unbowed as he gave it. When interrupted by aging protesters, he waved them off, because John McCain has seen war protesters, perhaps even those very same people, before in worse circumstances.
McCain became eloquent as he talked about his desire to serve.
At the end John McCain stopped giving a speech and began to talk about why he wants to be president. If there is one thing you have to believe is that he will, in his words, fight for America as long as he has breath . . . so help him God.
He is a moderate man and has moderate ambitions.
He is a hero, but he has the humility of a man who became a hero by being crushed by adversity. If there was a day when he was hot headed, it is plain that time has mellowed him. John McCain is not the president for anyone who wants great words, but he is the president for Americans who want someone who knows who to fight, when to fight, and where to fight.
He is a quiet fighter for a changed Washington. He is running to be a servant leader and not savior of America.
John McCain did, as he always has, what he had to do tonight. We can be pretty sure that if elected, he will do the same.