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October 22nd, 2008
09:22 PM ET

Evening Buzz: Your Money, Your Vote

Maureen Miller
AC360° Writer
 

Tonight, we have breaking news on two fronts; financial and political.

On Wall Street, another $700 billion in value is history. The Dow sank more than 500 points. We're watching global markets right now and we'll bring you the latest.

On the campaign trail, we've learned Gov. Sarah Palin is facing Q & A under oath later this week. So, will her husband Todd. It's part of the second investigation into the firing of Alaska's top cop. This time an independent counsel is working on behalf of Alaska's Personnel Board. The first investigation conducted by a bipartisan Alaska legislative panel found that Palin violated state ethics law. Palin has been accused of firing Alaska's Public Safety Commissioner because he wouldn't fire her ex-brother-in-law.  We'll have the raw politics.

We'll also hear from Sen. John McCain. He sat down for a one-on-one interview today with CNN's Wolf Blitzer. Today, McCain played what's been long seen as his strongest asset.
 
"I would not be a president that needs to be tested. I have been tested. Senator Obama hasn't," McCain said at a campaign stop in Ohio.

Obama is sticking with an economic message.

"I've got no problems with 'Joe the plumber'," Obama said today in Virginia. "He is working hard. He wants to live out the American dream. All I want to do is give Joe a tax cut. That's all I want to do. So, let's be clear about who John McCain is fighting for. He is not fighting for 'Joe the plumber'. He is fighting for 'Joe the hedge fund manager'.  He is fighting for 'Joe the CEO'," he added.

All the headlines tonight on 360.
Hope you can join us at 10pm ET.


Filed under: Maureen Miller • The Buzz
soundoff (30 Responses)
  1. Joanne, Syracuse, NY

    So, one week into the greatest deficeit expenditure in history, the $700 Billion is gobbled up...and the DOW is still sinking?

    October 23, 2008 at 10:51 am |
  2. Beverly

    Mccain thinks he won't be tested, please !! Al Qaeda already knows McCain is a war hawk who can be provoked into over reacting any time they feel like it. Seven years and Bin Laden is still at large.

    You have already been tested with the economic crises, your reponse was a stunt to semi-suspend your campaign, in your 25 hour rush back to Washington at no time did you take 5 minutes to read Paulson's 3 pages on the bailout so you could have half an idea to present at the photo op witht he president. Grade on this test F.

    This seems to be your method of operation no preparation. This was evident in your days in the Academy when you had to be rescued after a failed simulated ejection attempt. According to one of your friends at the academy instead of putting your nose in a book, and maybe redoing the exercise you choose to go drinking instead. This may have come in handy when you were captured by the vietcong years later. Grade F. We won't get into the declarations you signed against America.

    Now you are asking the American people to trust you with 2 wars and nuclear weapons. Thanks but no thanks, maverick.

    October 23, 2008 at 10:04 am |
  3. Afroz

    My question is, why haven't any politicians come forward to apologize and take some responsibility for the financial mess we are in. We have a number of so called "oversight" and monitoring committees composed of elected officials – what the heck were they doing over the past few years when the pressures were building in the financial system? Why have the officials involved with Fannie Mae and Freddie Mac (quasi government entities) not been indicted and their assets seized?

    It is totally irresponsible and misleading of our elected officials to act as if they had no idea what was going on. If they really didn't know then do they deserve to be in office living off our taxes and pretending to look out for our interests?

    October 23, 2008 at 8:38 am |
  4. Fernando Vinzons Jr.

    So what happens now to the people in wall street who made sooooo much money? including the CEO's and stockbrokers. With their lavish lifestyle, drinking and wining, now they want the peolple of america to pay for all their blunder and mishaps.
    I think the government should sequester all their personal assests, sell them, and for the debt.

    October 23, 2008 at 5:52 am |
  5. JUDITH

    "This years Holiday party song." With the 12th day of the election left my VP mate gave to me, an excessive clothing bill...... 11 eluded answers....10 Huhs? To Preconditions.....9 depositions......8 inconsistent days....7 Ethic law violations ....6 Travel expense suspicions for her children.....5 Children to show young people support meeeeee!!!...4 Her daughters expecting....3 No interviews please....2 John, it's you and me....And a John why in the name of the U.S did you choose meeeeeee??????

    October 23, 2008 at 2:45 am |
  6. J.V.Hodgson

    There is a complete logic flaw in Senator McCains statement that he is tried and tested as CIC. He has never held that position.
    He was an honourable serving member ( a captain) in Vietnam a war veteran and a pilot under orders (from the Generals and they to from the CIC) of one aircraft during the cuban missile crisis.
    All of that and more ( his Senatorial service) does not make, to quote him ,"I would not be a president that needs to be tested" Again, this is totally flawed logic, he is making the arrogant assumption that Al Qaeda, Iran, Russia etc will not do anything to test him as president, Bomb, Bomb, Bomb Iran!?
    Even Chertoff Homeland Security Head ( Republican appointee) agrees with Biden and has said so in published statements irrespective of who is elected president. Chertoff also adds that the Bush administration CIA and homeland have been assessing this very risk for 18 months and Biden on his Senate committee will be well aware of at least some of that .. McCain and Palin, no way.
    Finally the US system gives whichever candidate wins 2/3 months for a handover on TODAYS international problems which require different solutions to Vietnam or the Cuban crisis, they are totally different and frankly past experience of those has no relevance to today's wars. McCains Judgment in supporting the Iraq war consistently was and remains flawed. Would I trust Palin as Mccains No 2 on these matters, no; would I trust Biden and now Powell and Obama, yes!!
    Regards,
    Hodgson.

    October 23, 2008 at 2:43 am |
  7. Debora A. Green

    Barack Obama has a level head for politics, foreign and domestic and economic issues. If John McCain were to be elected, how many of us think we would have another 9/11 within months of the election. This man and his followers are this same people who put the bush administration into the power that has brought us to this point. How many of us think that bush was the real reason that 9/11 happened. The question is, can we survive another republican administration right now. It will take a generation to overcome the damage that has been done to our country. Please use your heads when you vote this year. Think of your children and their children. What will we leave them.

    October 23, 2008 at 1:56 am |
  8. perla EDINBURG tx

    it seems to me that what palin means about mccain being tested they thinkk that just because he served for this country, he has a right to be elected president. this of course to me is such a ridiculous... there is no way that i'd ever vote for a ticket that spends campaign on a makeover for herself annd the rest on her familly & why is it that they always...claimed and complained about obama being a celebrity..,.so what now pig with lipstickn i mean palin?!?!?

    October 23, 2008 at 1:46 am |
  9. susan

    As far as being tested-Sen McCain was tested as a Loyal Soldier Which he passed as a hero.This event did not prepare him as a president. In fact ,unfortunately it appears it set him up for knee jerk deicisions in a panic manner, due in part, I think ,to post traumatic syndrome
    Sen Obama seems to be able to marshall resources,experts, and methoicaly, thoughtfully come to a plan of action. Leaders do not necessarily have to know all the answers, but they do need to know how to steady the course, encourage the forces, and hold a vision for the people.

    October 23, 2008 at 1:38 am |
  10. KMDay

    AJ...you are entirely too nice when talking about Obama's knowledge on foreign affairs and wars/military.

    He has ZERO experience with ANY foreign policy, well ANYTHING. Meaning, he hasn't a clue what to do with anything. He merely regurgitates what is fed to him and what is put in his speeches.

    I am not thinking that using JKF's test was smart on your part, but since you opened that door-REALLY?? Are we really in a position right now with two wars going on and an economy in the tank to HOPEFULLY come out on the good end of an Obama Presidency Test by terrorists??

    You say it was because JFK's General's misguided him, so that some how eleviates him from blame. Hmmmmm.....wasn't it information of WMD's that was given to Bush which in turn afforded us this long war we are in? And wasn't it Powell whom said we needed to be in Iraq? He could have stopped us from going into that war.

    If such a crisis were to take place on Obama's watch, I really do not think hindsight of JFK's screw up will save Obama. Nice try though.

    He has zero experience with ANYTHING to do with the military and wars and what little input he has had, he was WRONG.

    He can pronounce Pakistan properly so that helps??? LOL...really....

    He had no clue just months ago that Russia has VETO powers.

    He stance on Pakistan was actually wrong, even dangerous.

    You say that his views about feeding the dictator was right on, but I wonder if you believe traveling to Kenya within this past year to help campaing for his cousin, whom is feared as a murderer in Kenya, means anything???

    You guys also might want to look at the military polls: of 4300 soldiers polled-76% want McCain while 23% want Obama. McCain wins by a landslide with female soldiers @53%, hispanic soldiers 68%, white soldiers @72% and Obama wins the polls with black soldiers in the form of 8-out-of-10.

    Hmmmmm.........Think all of these guys who ACTUALLY know what is going on and know what it is like to actually BE in the military know he is not ready to be Commander of US Miliatry?

    I know...Obama has received Powell's backing, not a big shocker. What I do not hear/see the MSM talking about is the FOUR former Secretary of State and the over 240 reitred miliatry Generals and Admirals backing McCain.

    I suppose they would have to get a basketball court and many tables for McCain to have a sit down with these guys like Obama had with his little team of backers.

    October 23, 2008 at 1:00 am |
  11. Suzanne

    Lets hope Sara Palin can remember the stories she has already told the other investigators, when she starts sprouting her tales of stories again. Seems she just keeps inventing more and more to cover up what she forgot she said in the beginning. This would of all been so simple if she would of just owned up to her mistake and admitted she was wrong abused her office as governor of Alaska for personal vendetta against Trooper Wooten and than got on with life. With all that is happening in our world today, it kind of makes you wonder, how Sara Palin can just go on in her own little bubble like everything is just peachy. Can't wait to see her face when the bubble breaks!

    October 23, 2008 at 12:57 am |
  12. Vicki Spencer

    I enjoyed reading this post. Do the Republicans think we are going to fall for the Joe the Plumber trick? I dont think so!

    October 22, 2008 at 11:57 pm |
  13. miriam robinson

    I find it really revealing that sen. McCain calms that he is for the middle class american people and he use joe the plummer as an example. But i notice that joe the plummer received less than 2000 dollars for his help and that didn"t even come from McCain. Then i hear that McCain gives palin and her rich family a 150,000 dollars for clothing.GOD only knows how much more money mccain has given to his rich friends. I gess that is the nature of a maverick. Just noticings things. miriam the undecided.

    October 22, 2008 at 11:53 pm |
  14. Ron , West Coast

    Oh , John McBush needs to be tested alright , in the head , for putting our country in danger by chooseing Sarah Palin as his running mate.
    Old John seems to be getting very tired . In west Philly today he had a " Bob Dole ", when he tryed to explain what John Murtha said about West Philly . After explaining , he said, " he could`nt agree with John Murtha more "....... About them being racist , and red necks .
    Then he tried to clean his gaff up and made it worse by saying , that West Philly was the "Best Part of America ", like his running mate says when referring to "small town America ", and about certain pepole not being pro- america , like the " Joe six- packs , Joe the plumber , hockey moms , nascar dads , ......
    John McBush , cares more about " Joe the CEO , and Joe the hedge fund manager "......

    October 22, 2008 at 11:29 pm |
  15. Lmitche

    This is the problem McCain and Palin is showing us that they dont care about the encomony can you believe 150,000 on new clothes. Palin is an awful pick people McCain has made a big mistake

    October 22, 2008 at 11:25 pm |
  16. duane

    how is palin the mavrick going to straighten out government waste and reform anything when she herself has $150,000.00 in clothes since we've met her, i just saw a report on her using medical choppers for over 20% of their total use, i dont imagine mcain and palin can reform anything with values along those lines, mcain is also proposing he doesnt need extra money from anywhere but will spend and spend, i dont think those 2 tell anything like it is

    October 22, 2008 at 11:05 pm |
  17. Betty, Virginia

    McCain – Experience we don't need. (and read my lips John McCain: Experience we don't WANT)

    October 22, 2008 at 11:04 pm |
  18. Larry

    The Fairness Doctrine erodes our 1st amendment rights and Pelosi wants to take them away.

    October 22, 2008 at 11:01 pm |
  19. xtina, chicago IL

    larry up top, you're being cynical right? Obama will be in favor of the Fairness Doctrine. It's right up his alley and that of Pelosi, Reid, Schumer, et. al.

    October 22, 2008 at 11:00 pm |
  20. AJ

    Biden is unfortunately not as eloquent as Obama. Here is what he should have said, which is the BIGGEST reason to vote for Barrack Obama: When JFK was elected President, he was soon under pressure in the Bay of Pigs. His Generals misguided him (of course!) and he failed his first test. But he learned his lesson. He had the wisdom to see through the self-serving angles of the Generals. He used this wisdom to safely navigate two major subsequent crises: 1. The division of Berlin, and 2. The Cuban Missile Crisis, which is the single-most important crisis where JFK's vision saved this world from a nuclear holocaust. Barrack Obama not only has the vision and wisdom of JFK, but in addition, he has the advantage of hindsight. If such a crisis were to arise (e.g. Russia, Iraq, Afghanistan), there is no way a trigger-happy Republican president – not Maverick and Erratic McCain, and never a Dick Cheney-puppet-George Bush – should be running this country. It should be a pragmatic, reasonable, and wise President Obama that should have the suitcase with the all-important Red switch. If Biden had put it this way, he would have turned this election from a 7-point statistical dead-heat into a landslide. He still can and should clarify and he can use my words without royalty!

    Obama's views on foreign policy definitely prove this, but what proves this most in my mind is what he said about our mistakes in feeding the dictatorial Musharraf regime (just like our previous mistakes of feeding the dicator Gen. Zia-ul-Haq). He is the only US politician who seems to pronounce Pakistan correctly, but that is the tip of the iceberg – he has the wisdom to understand exactly what goes on in dangerous regions like these. He is the president we need if we want to prevent this century from ending in a ball of fire up just like the current Manchurian Candidate George Bush started it right at the onset.

    October 22, 2008 at 10:17 pm |
  21. kristen

    How has McCain been tested? What did he do to help anyone on 911? I don't recall him taking charge of anything or being involved at all.

    Is he giving us his POW story AGAIN? How does being taken prisoner and signing a confession against the United States make you qualified to be President?

    Or maybe he's talking about being "tested" during Katrina when he was sitting around eating birthday cake with Bush.

    This old guy belongs on a park bench talking to himself. He's delusional.

    October 22, 2008 at 10:13 pm |
  22. RWorrilow, TN

    Those on Wall Street do not care about what happens to the people of Main Street America, and Main Street America should not care anymore what happens to those cheating CEO's of WallStreet. The CEO's should all be punished, have their properties seized, their accounts frozen, and should be made to return all those so called bonuses. Companies like AIG should no longer be bailed out! They have now proven that they are not wanting to change and they have received to big bailout checks and continue to go on retreats, hunts and big dinners. The American people should have been helped first, not last. But that is how people are seen these days by many in Washington D.C. So while Those who have cheated and lied are still getting their big checks, the Middle class family is fighting to keep a roof over their heads, food on the table, and hang on to their job!! Many say we are in a Recession, but here in this part of America its a Depression!

    October 22, 2008 at 10:09 pm |
  23. Fred

    Senator McCain says that he is tested. He's tested alright, and when the test came in Vietnam he willingly signed anti-american statements. He as a member of the armed forces, was obligated to follow the Military Code of Conduct and he violated it with prejudice when he signed those statements against the United States.

    Fredrick D. Hatcher Jr.
    U.S. Army (Retired)

    October 22, 2008 at 10:07 pm |
  24. Greg, Atlanta

    We need visionary, inclusive leadership NOW. The 25% of the population of China with the highest IQs is greater than the ENTIRE POPULATION OF THE UNITED STATES. In India, it’s the TOP 28%.
    Our position as world superpower is slowly eroding, while we’re discussing plumbers and washed up domestic terrorists. We need to educate our children, leave behind our short-sidedness and heal our country before we completely slip into self-induced irrelevence. Short sidedness is what caused our current economic problems, our lack of war exit strategy, our sadly laughable “cowboy” image on the world stage.
    We can turn our current fortunes around, but we must LEAD. We need to truly take a look around at the big WORLD picture, develop a strategy for solving our seen AND UNSEEN challenges, while preparing ourselves for the jobs at hand, and show ourselves and the world that America is still the righteous light of the world. If we don’t, we will have no one to blame but ourselves.

    October 22, 2008 at 10:02 pm |
  25. Fred

    I think that Joe the plummer is fair game in this debate. He has allowed the Republicans to use him for political gain. If I was Obama, I would stress the fact that Joe doesn’t have a license to do his trade. Then I would focus on the company that he works for and investigate other employees to find out how many of them are not qualified for the task that they are providing. Senator McCain is not exactly all ethics. While in captivity in Vietnam, he willingly signed anti-patriotic statements against the United States. It’s funny how a lot of people run around saying that he’s a war hero; what he did does not fit the script for a hero of any kind. I’m a 20 year army vet and I could never imagine me or my soldiers turning our backs on our country under any circumstance.

    SSG Fredrick D. Hatcher Jr.
    U.S Army (Retired)

    October 22, 2008 at 10:02 pm |
  26. CatWorrilow, mulberry, tn

    We have been watching the debates and the rallies and noticed that lately "Joe the Plumber" has been at a number of the McCain/Palin rallies. Did McCain hold true in his statement during the debate that "hey Joe I will help you buy that business you wanted"? Was "Joe" a ploy placed at the Obama rally that day by the Republicans to throw everyone off the track that McCain does not really know how to deal with the Economic problems in America? Is "Joe" on the McCain payroll now and will the republican party give him a "150,000 makeover as well? Here is where we see McCain:
    He is for the big companies and corporations even those on WallStreet. He gives earmarks even when he says hes against them, "Just look at the ones in the Big Bailout he signed". He cannot honestly answer how he will deal with Social Security. He cannot honestly say he or Cindy knows what is like to do without food, clothing, etc. This race has proven to us and many more Americans we need a change and McCain is not that change.

    October 22, 2008 at 10:00 pm |
  27. Joanne, Syracuse, NY

    I am sick and tired of the Republicans making up the rules as they go along...with no sense of integrity or fairplay. Palin misued her power and McCain is a fear monger.

    October 22, 2008 at 10:00 pm |
  28. Moe Angok

    good for Obama for fighting back. Does the republican have anything else to talk about?

    October 22, 2008 at 9:55 pm |
  29. Teriss

    Why doesn't Congress let the next President who will be mostly likely Barack Obama, decide how to handle the bailout after all he will have to live with the consequences for the next four years. It seems redundant to me that the President shall not have input on how the money is best used to bail out the homeowners and some banks only if they are regulated by new lending rules.

    October 22, 2008 at 9:53 pm |
  30. Larry

    Why has Obama not come out against the 'Fairness Doctrine'?

    October 22, 2008 at 9:49 pm |