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September 29th, 2008
10:02 PM ET
Live Blog from the Anchor Desk 9/29/08
Don’t forget to watch Erica Hill’s webcast during the commercials. LINK TO WEBCAST
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We’ll start posting comments at 10p ET and stop at 11p ET.
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Get this straight: This administration led us into this crisis. They made it happen. Now, with little debate or oversight, they ask the people to caugh up a huge amount for Wall St. Consider that they had a year (!) to help the housing market. And remember the great 'leadership' they offered in other crisis...
Hi Randi Kaye, I like this report on Sara Palin. I feel she is taking a lot of heat, she is new to the national spotlight. I'm following David Gergen's golf analogy pretty well. She shouldn't be penned in as Ed Rollins says. The bar is high for her at the vp debate, Roland is right, but she's been so over scrutinized and over analyzed, let her get out there and start talking. Candidates need to get out ahead of the media. She can. She's the governor of Alaska.
It's more than obvious that Palin is no where near qualified to be the VP of the United States of America. I don't know who the McCain camp thinks we are. I'm insulted by the whole thing. As a matter of fact, I'm insulted by everything he's done during this entire campaign. His VP pick, his grandstanding last week, his vow to withdraw his campaign until this whole bail out thing was settled. By the way, what happened to that??? Oh, and I can't forget all the untrue campaign ads. You would think that he would have taken the high road, but he didn't. And this last dumb thing he did...sitting with Palin while she was being interviewed by Katie C. Imagine, a heartbeat away from being the President. The whole thought is very scary. May God help us all!!!
Goodnight David Gergen, Randi, & Anderson! Thanks for the info tonight.
Good night Anderson, Randi and Best bloggers!!
Have a great night!!!! Sleep tight!!!!
See you tomorrow night!!
Day of the shot with Tina Fey look like Sarah Palin!!!! I love her!!! so funny!!!!!
Roland Martin endorses obama? Wow, who'd a thunk it?
When he was a communiy organizer I wonder how many mortgages he got banks to give to people that couldn't afford to pay for them?
David Gergen: You make sense. Complete, sapient, no-spin sense. Than you!
I am confused on why McCain had to baby sit Sarah Palin on the second interview. Shouldn't she be able to hold her own weight? People she is running for the second highest position in the land!
Notice McCain was her babysitter and bodyguard against the mean old lady asking questions! LOL
PALIN – Gotcha politics – I AGREE WIHT ED ROLLINS!!!!! It looked like "father handling daughter". She couldn't produce, that's why he ws in the latest interview with Katie.
Ed Rollins is so right, i was just thinking that McCain seemed like the angry dad having to come talk to the principle about not suspending his daughter. This campaign is circling and is one gaffe away from being flushed
Palin's nasty remark regarding Biden's age, did she forget who she's
on the ticket with? She seems to blame everybody else for her mistakes. I fell the news media has been more than fair to Gov. Palin. It's their job to inform the people.
Exactly Ed , Dont that send a message to the world that we might have a VP who can be taken to task on issues which are critical to the mighty U.S.A
Please stop making excuses for Sarah Palin. She's clearly not up for the job. Over and over again she's messed up. Now she needs John McCain sitting beside her.
She reminds me of another Bush but only worse!
Fareed Zacharia is right on!
This is truly scary!!!
I don't understand Sarah Palin's answer to Katie Couric.... I am disagree with her comment about the enocomy....
a page right out of the Bush/Rove campaign manual...when you cant in any reasonable way explain or justify your comment – attack the press
Just wow, too surprised at how tonight turned out. To me, even though the bill was on the edge, it gave a lot of hope for the economy crisis. It's just amazing to think that without the bill the economy, all over the world, will just fall into a devastating state. Sigh, and to think the worst is yet to come.
I am 36 and am in the process of purchasing a home in Southern California (offer was accepted). I am debt-free (no cc debt, car payments...), and am planning on putting 20% down on a 290,000 detached townhome that is 3 yrs. old. However, with everything that has happened within the last few days, I am thinking this may be something to hold off on, whether it be for a better interet rate or just to be more "secure". I have only 10,000 in savings at this point, after the down, closing costs, and extra fees are paid, however, I am still working and will be for the next 30 years (hopefully much less).
My question-do you think I should hold off or continue with the purchase?
I agree with the commentators tonight that Sarah Palin should've been allowed to toss it up out there in "the real world" – let her do her own thing – you can't hide a potential vice president. And Rolin Martin was right – the bar is not low, it's been set high because of the "hiding" factor of Sarah Palin.
I would like to hear some comments concerning my age group, I'll be 80 soon. I have no debts and I need income. Thanks
I can't believe all of these comments being made by talented newscasters, about how Sarah Palin's "confidence was shaken", and that is why she had a hard time during Katie Couric's interview. Are you kidding me!!! Do you really think the best choice for VP is someone we have to worry about shattering her CONFIDENCE???!!!
I have a question for Suse Orman or any other financial expert you have on, as I think she's not going to be on again tonight. I am fifty six and a teacher in Florida. I am four years away from retirement, but will not yet be sixty two when I retire. I have a 403b. Do I stop contributions unless tthis gets much better? What do I contribute to now? Please help. I am so worried.
Anderson. I thought when the Oct. 1987 crash ocurred the SEC said it would never happen again that the U.S Government would step in and put curbs in to take effect . In other word if the market dropped to 400 points curbs woulld kick in. What happen
IQuestion for Suze: I'm 64, now retired, and need to start drawing on my 401K in about two years. 50% is in a fixed account, 50% is in a variable stock account. Should I reallocate to 100% fixed?
I have no money in the stock market and I have no 401k. I work for a private company thats not on the stock market. How is this crisis going to affect me?
Wow Sara throwing blows I think she need to quit throwing blows and realize where does McCain stand before answering questions. Maybe Palin and McCain needs to have a debate before she debates Biden, they seem to have alot of differences about where they stand
Palin can't defend herself she has to have McCain stand up for her ... that is LAME
I love how McCain speaks for Palin...so what Presidential and VP candidates say to common voters is "gotcha" journalism?
Lets face it. Those who rely on the stock market for their retirment have put ourselves in the grips of wall street. The rescue is for our future. I have lost more in my 401K than what it would cost in me in taxes.
How can Congress go on holiday? My vote will be heard in November.
Congress better get to work for the average Joe and not their own egos.
For Suzy
My son is comign into a large insurance settlement. where should he put this money for now
Mr. Gergen
How can they take this time off in the middle of all this. How do we find out who voted how and who took the time off.
Gotcha journalism? Palin was interviewed by 3 perfectly qualified journalists and there is no need to cry about the outcome. They did not put words in her mouth. Lets face it, they couldn't write those answers. Somebody needs to teach her the words "I don't know" , it's better than just making stuff up.
Evening Anderson. I agree with David; if we do not pass a bill now, America's crippled economy will affect us in ways unimaginable. We must all pull together as a nation to overcome these tragic circumstances.
Anderson, Is it true that the top level handlers of the McCain campaign that were training Palin for the debate, after the latest practice debate actually said it was an absolute disaster and that they actually said "What are we going to do, this is something we cannot
overc ome!"
Would it not be a better use of bailout money to do another stimulus payment to the average american of $100,000-$200,000? I am thinking that it would be better to try a trickle up effect for a change. In my opinion this would stimulate the economy by those americans who will spend as well as those who will save or invest. It will allow those on wall street and homeowners alike a survival of the fittest situation and for the market to correct itself over time. Also, less expensive to the taxpayer.
Hi Suze, I'm worried about my indexed annuity linked to the S&P – however it does have a 3% guarantee. Was it a huge mistake to buy into this? It looks like it is not insured with the SIPC to boot. Huge mistake huh? I know, I know....
In June I retired and transferred all my 401K savings into a Vanguard Target Retirement Account (approximately 60% bonds and 35% stocks, 5% international. Is it too late to protect my investments or prevent further losses by transferring or withdrawing this money. If so, what vehicle would you recommend to offer the most protection against future losses?
Thank you!
My husband was deployed to Irak last year for 15 months and he missed Thanksgiving (twice), Christmas, our anniversary (twice), our sons birthdays (twice for the oldest), Easter, etc... But our politicians have no problem taking time off in the middle of the worst financial crisis of the century and after today's disaster. It's irresponsable!
I,m Disabled, I have no debt. But I can barely make it now month to month, Gas prices are high , medical bills are high, and medications costs have gone up. What do the little people do? Would this Bill affect me?
Susie – What would you do if you could purpose a bill to congress to get us out of this mess – I feel like were stuck in a serious catch 22 with the current bail out plan
Thank you for explaining and helping middle class America get through these bad economic times.
The more Sarah Palin talks the more she sounds like some teenager raised in Chatsworth or the San Fernando VALLEY in California. It's not appealing and doesn't instill confidence.
Question for Suze:
I am 34 and am afraid that we are going to enter into another Great Depression. What should I do with my IRA? let it ride it out? or sell everything (while leaving it in my IRA) and hold the cash to ride out the storm?
My 401k has been cut in half in the last two weeks. ...I am past my company match, so should I just quit looking at it every day or suck it up and put in in a savings account., with huge penalty of course.I'm 37, and it's down to about 19k...
Wow – That is so cool that David Gergen is on this blog – thank you, you have been one of my heros for years.
When it comes to discussing Sarah Palin, Bay Buchanan is like most other Republican leaders on a wide array of Republican failures – full of lame excuses.