October 24th, 2008
08:26 AM ET

Morning Buzz: Hit Me With Your Best Shot

Penny Manis
AC360 Senior Producer

Happy Friday people. I'm channeling Pat Benator today.

Words mean a lot on the trail, and Joe Biden’s comments that Obama would be tested by the world in his first months in office live on with the GOP. They released an ad this morning using audio of his comments over images of tanks, terrorists, etc, you get the picture. The ad ends with an announcer saying “It doesn’t have to happen. Vote John McCain’. With the economy playing to Obama’s strengths, McCain is hitting the national security theme to gain ground.

Biden has defended this comment: “Barack is much better prepared to deal with an upcoming crisis whichever they may be than John is. Secondly, John, we have a crisis on our hands already. It's an economic crisis and John is nowhere." Yday, McCain used Joe the Plumber(s) to illustrate that Obama’s tax plan will hurt small business. Obama criticized McCain for favoring “tax cuts for companies that ship American jobs overseas.”

McCain spends the day in Colorado, a battleground state the GOP is trying to hold onto. Obama landed in Honolulu overnight, he is visiting his ailing grandmother and will resume campaigning Saturday in 3 states that went for Bush in 2004 but where he now leads. Michelle fills in for him today with 2 stops in Ohio so we’ll hear a lot from his wife. Obama’s camp landed another supporter yday, as Scott McClellan announced on CNN that he is endorsing Obama for President. Last spring, McClellan released a memoir criticizing President Bush.

Palin will hit Missouri today where she drops the puck at the St Louis Blues game tonight, (will she get jeers or cheers?) and Joe Biden is in VA and W.VA today. An interesting line from Biden yday: “What worries me most is the McCain campaign seems to have gotten a little loose’. What do you think he meant by that?

He didn't see it coming. That's what former Greenspan told Congress about the nation's economic crisis. But he says he did make one mistake-believing banks would have been more prudent in their lending practices because of the need to protect their stockholders. He was one of our 10 Most Wanted Culprits of the Collapse. What did you make of his comments? And ps: this series will live on, even though we’ve reached the #10. We’ve got more down the pipe for you next week.

The markets are wild this morning. It’s too depressing to write about, I haven’t had enough coffee yet to bring you that news, but Ali Velshi will be right by Anderson’s side tonight reporting on what the heck is going on?!?! We are also very excited about a huge chunk of our show tonight related to Race and Politics. This election season has seen some of the most heated and controversial statements brought on by the candidates themselves. Was it a matter of race or a divided nation? Tom Foreman and Joe Johns sat down with American voters, black and white, to see what they had to say. Their findings were very insightful so make sure you tune in!

Filed under: The Buzz
soundoff (5 Responses)
  1. Annie Kate

    I applaud Greenspan for being a big enough person to admit that he was wrong. I hope he can use his tremendous knowledge and talents with the financial system to help get us back on track.

    I didn't really care for the last spot on the top ten list. There are SOME Americans who have struggled against the tide the past few decades, who don't have more credit card debt than they can pay off at the end of the month; who bought a house they could afford instead of the bigger one they needed; who only buy and drive used cards; and who annually put away 15% of their salary into a 401K and more money into savings bonds series E for their children's education. Generalizing the ills of easy credit to everyone in the population was certainly not accurate and seemed more like a cop-out.

    Annie Kate
    Birmingham AL

    October 24, 2008 at 11:39 am |
  2. Joanne, Syracuse, NY

    America divided? It's a downright sword fight! The re-occuring theme of McCain preparedness for a terrorist attack is ludicrous. Granted the man is a great American hero for enduring the POW experience, however, that doesn't qualify him as a cool headed international diplomat or Commander in Chief of the Armed Forces. As for Obama, he has clearly stated that he would use his expert advisers if and when a national emergency would arise.

    October 24, 2008 at 10:11 am |
  3. Cindy

    Joe Biden knew exactly what he was saying! He knows beyond the shadow of a doubt that Obama is no where near ready to be president. He is trying to backtrack now because he is in the running as VP. He along with Hillary said MANY times that Obama is too green and doesn't have the experience to be president. So Joe knows he is right that Obama will be tested and he will fail!

    And Obama can attack McCain for giving companies tax breaks who ship their business over seas but what does he think is going to happen when he taxes these big companies!? They will all start moving overseas to avoid them! He is stupid if he doesn't see that!

    And WOW...McClellen backed Obama...who'd a thunk it? Come on CNN...stop with the crap! You and we all knew he would back Obama. After all he did write a book bashing the GOP! Get real and stop trying to turn everything into a big gotcha! You are beginning to look ridiculous!


    October 24, 2008 at 9:24 am |
  4. Patriot333

    I'm a little confused about CNN's (and Anderson Cooper's) apparent bad blood with Barack Obama and the Democratic campaign. I do realize the need for journalistic integrity and as a small town newspaper reporter, I attempt to practice what I preach. However, in the last week I have noticed a swing to emphasize the apparent triumphs of the McCain campaign and its strategies to attack the Bush administration. There has been a noticeable turn to highlight the occasional crack in the Obama/Biden campaign and I really have no idea why? CNN hasn't done much to point out the amazing policies and progress an Obama administration offers and then contrast that with what McCain offers. This isn't 2000...or 2004. Look at the market and global economy. A McCain government could possibly and effectively end this Republic. We need to restore hope to this globe. Please do a little more to make historic decisions. Try to step outside your morning meeting routines to catch a glimpse of the big picture...just outside Atlanta.

    October 24, 2008 at 9:00 am |
  5. Michelle

    3 words : economy,economy and economy. The Dow is headed
    for a rough ride. Financial security matters the most now. Bad
    timing and bad judgement to release and ad like this. Can you
    say out of touch to infinity.

    October 24, 2008 at 8:54 am |