Obama-McCain Debate: Both Say Congress Must Pass Bailout Plan

digg Share this on Facebook Huffpost - Obama-McCain Debate: Both Say Congress Must Pass Bailout Plan stumble reddit del.ico.us RSS

BETH FOUHY | September 26, 2008 11:23 PM EST | AP

Compare other versions »
I Like ItI Don’t Like It
John McCain, left, and Barack Obama, center, shake hands with moderator Jim Lehrer at the finish of a presidential debate at the University of Mississippi in Oxford, Miss., Friday, Sept. 26, 2008. (AP Photo/Charles Dharapak)

OXFORD, Miss. — John McCain accused Barack Obama of compiling "the most liberal voting record in the United States Senate" Friday night as the two rivals clashed over taxes, spending, the war in Iraq and more in an intense first debate of the White House campaign. "Mostly that's just me opposing George Bush's wrong-headed policies," shot back the Democrat.

Obama said his Republican rival has been a loyal supporter of the unpopular president, adding that the current economic crisis is "a final verdict on eight years of failed economic policies promoted by President Bush and supported by Sen. McCain."

The two men were polite but pointed as they debated at close quarters for 90 minutes on the University of Mississippi campus.

McCain accused his younger rival of an "incredible thing of voting to cut off funds for troops in Iraq and Afghanistan," a reference to legislation that cleared the Senate more than a year ago.

Obama disputed that, saying he had opposed funding in a bill that presented a "blank check" to the Pentagon while McCain had opposed money in legislation that included a timetable for troop withdrawal.

Obama opposed the invasion of Iraq in 2002, before he was a member of Congress, while McCain voted in the Senate to authorize the war.

"You were wrong" on Iraq, Obama repeated three times in succession. "John, you like to pretend the war began in 2007."

McCain replied that Obama has refused to acknowledge the success of the troop buildup in Iraq that McCain recommended and Bush announced more than a year ago.

Story continues below

The two presidential candidates stood behind identical wooden lecterns on stage at the performing arts center at the University of Mississippi for the first of three scheduled debates with less than six weeks remaining until Election Day. The two vice presidential candidates will meet next week for their only debate, and Obama and McCain each put in a plug for his own running mate.

But there was a difference: Democrat Joe Biden made the round of post-debate television shows. NBC and CNN said they invited McCain's running mate, Alaska Gov. Sarah Palin, who has granted only three interviews since joining the ticket a month ago, but she declined.

The 47-year-old Obama is seeking to become the nation's first black president. McCain, 72, is hoping to become the oldest first-term chief executive in history _ and he made a few jokes at his own expense.

"I've been around a while," he said at one point. "Were you afraid I couldn't hear him?" he said at another after moderator Jim Lehrer repeated a phrase.

But he also sought to turn his age into an advantage. "There are some advantages to experience and knowledge and judgment," he said. "And I honestly don't believe that Sen. Obama has the knowledge or experience" to serve as commander in chief.

McCain also made a point of declaring his independence from Bush. "I have opposed the president on spending, on climate change, on torture of prisoners, on Guantanamo Bay, on a long _ on the way that the Iraq War was conducted. I have a long record and the American people know me very well ... a maverick of the Senate."

It was a debate that almost didn't happen. McCain decided a few hours in advance to attend, two days after announcing he would try to have the event rescheduled if Congress had not reached an agreement on an economic bailout to deal with the crisis now gripping Wall Street.

The two men were pointed but polite, although at least once McCain sought to depict his rival as naive on foreign policy. That was in response to Obama's statement that it might become necessary to send U.S. troops across the Pakistani border to pursue terrorists.

"You don't say that out loud," retorted McCain. "If you have to do things, you do things."

He also criticized Obama for having said he would sit down without precondition with Iranian President Mahmoud Ahmadinejad.

"So let me get this right, we sit down with Ahmadinejad and he says 'we're going to wipe Israel off the face of the earth' and we say, 'no you're not.' Oh please," McCain said.

Obama said Henry Kissinger, the former Republican secretary of state and a McCain adviser, shared his view on talks with Iran.

The two men also differed on federal spending. McCain said a freeze on most government spending was worth considering, except for veterans, defense and "some other vital issues."

Obama said the problem with that was that some programs needed more money. He mentioned early childhood education as an example.

Moderator Jim Lehrer's opening question concerned the economic crisis. While neither man committed to supporting bailout legislation taking shape in Congress, they readily agreed lawmakers must take action to prevent millions of Americans from losing their jobs and their homes.

Both also said they were pleased that lawmakers in both parties were negotiating on a compromise.

McCain jabbed at Obama, who he said has requested millions of dollars in pork barrel spending, including some after he began running for president.

As he does frequently while campaigning, the Republican vowed to veto any lawmaker's pork barrel project that reaches his desk in the White House. "You will know their names and I will make them famous," he said.

The stakes were high as the two rivals walked on stage. The polls gave Obama a modest lead and indicated he was viewed more favorably than his rival when it came to dealing with the economy. But the same surveys show McCain favored by far on foreign policy.

Both candidates had rehearsed extensively, Obama prepping with advisers at a resort in Clearwater, Fla., and McCain putting in debate work at his home outside Washington.

The two presidential hopefuls are scheduled to debate twice more, at Belmont University in Nashville on Oct. 7 and at Hofstra University in Hempsted, N.Y., on Oct. 15. Vice presidential contenders Sarah Palin and Joe Biden are to square off in a single debate Oct. 2 at Washington University in St. Louis.

OXFORD, Miss. — John McCain accused Barack Obama of compiling "the most liberal voting record in the United States Senate" Friday night as the two rivals clashed over taxes, spending, the war in...
OXFORD, Miss. — John McCain accused Barack Obama of compiling "the most liberal voting record in the United States Senate" Friday night as the two rivals clashed over taxes, spending, the war in...
Filed by Dan Duray  |  Report Corrections
 
Comments
8
Pending Comments
0
iPhone App Promo

Want to reply to a comment? Hint: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to

View Comments:
photo

Ok, but what do they really think?

http://starcasm.net/archives/407

    Favorite    Flag as abusive Posted 05:08 PM on 09/29/2008
- Mozart123 I'm a Fan of Mozart123 4 fans permalink

Someone needs to explain to Sen. McCain his role as an elected member of Congress is to prevent or solve financial crises, instead of being the architect. His fingerprints can be found on every crisis since the 1980s.

    Favorite    Flag as abusive Posted 12:50 AM on 09/28/2008

IRONY OF IRONIES: COMMUNITY ORGANIZERS - DERIDED BY REPUBLICANS - WILL BAILOUT AMERICA

Call me Sarah Palin on foreign policy experience, but here's my take on the $700 BILLION bank bailout, and why community organizers are going to be even more sorely needed and valuable.

I say NO to the bailout. NO. EMPHATICALLY NO. NO BAILOUT!

See, the scenario painted if there is no bailout is still a little vague to me. Something about the world exploding. Stocks worthless, 401K's tanking. People won't be able to get credit, to get mortgages. Won't be ABLE to?! They can't NOW. Banks will freeze up. Huh?

The picture of the economy if we DON'T do a bailout does not sound all that different from the economy NOW. Kind of like today...but worse. More people out of work. More people sleeping in their cars. More people hungry.

You see where I'm going here, don't you?

Community organizers will be called upon in greater numbers and with even greater urgency. Community organizers will rise to the historical moment. Community organizers will do what they do: help feed the hungry, find housing for the homeless, find work for the unemployed. And do it in a way that gives dignity to the people they're helping.

The Bush/Congress bailout is an undignified response that rewards the wrong people. Community organizers will bailout the right people.

Things could get worse if we don't pass a bailout bill? Bring it on!

www.community-organizer.com

    Favorite    Flag as abusive Posted 05:27 PM on 09/27/2008
- KareninSac I'm a Fan of KareninSac 17 fans permalink

So we're gonna bail out thie greedy idiots who caused this credit crisis, while at the same time Republicans in the Senate just voted to NOT extend unemployment benefits to the unemployed victims of their schemes.

What clearer picture do you need to know that we are in a full blown class struggle--and the have-nots are losing.

    Favorite    Flag as abusive Posted 04:17 PM on 09/27/2008

Why is nobody talking about the 25 Billion the Bush administration just gave to the Big 3 automakers?

    Favorite    Flag as abusive Posted 12:01 PM on 09/27/2008
- tompoe I'm a Fan of tompoe 25 fans permalink

McCain's PTSD fired up again, tonight. This man has an almost 100% voting record against any and all veterans issues bills going back decades. He views himself, repeatedly, tonight, as the most faithful fighter on behalf of veterans ever to sit in the Senate. The man makes this veteran want to vomit.

    Favorite    Flag as abusive Posted 11:18 PM on 09/26/2008
- Daly I'm a Fan of Daly 19 fans permalink

Thanks for your service.

Most vets can spot BS at 100 paces; so I doubt even the oldsters are buying the McLies

    Favorite    Flag as abusive Posted 12:17 AM on 09/27/2008
- Totto I'm a Fan of Totto 43 fans permalink

Call Obama campaign at 866-675-2008 and touch#6 and suggest that Obama bring up McCain's record on veterans, particularly the GI Bill.. I will, too. Obama must have let it slip his mind. It takes a few times to get through, but the volunteers do listen and pass everything to the top.

    Favorite    Flag as abusive Posted 02:19 AM on 09/27/2008
Comments are closed for this entry

 You must be logged in to comment. Log in  or connect with 

Connect