New McCain Spot Argues Economy In Crisis

By: Brian Montopoli
Topics: Advertising

As the struggles of the financial markets top the news agenda today, the McCain campaign has released a new ad, "Crisis," that takes a dim view of the economy. The spot suggests only Republican presidential nominee McCain and running mate Sarah Palin can "fix" what has gone wrong on Wall Street. The campaign says the ad will air on national television.

"Our economy in crisis," says an announcer as the spot opens. "Only proven reformers John McCain and Sarah Palin can fix it. Tougher rules on Wall Street to protect your life savings. No special interest giveaways. Lower taxes to create new jobs. Offshore drilling to reduce gas prices. McCain - Palin. Leadership, experience, for the change we need."

The Obama campaign released a statement in response to the spot which reads in part, "John McCain has been in Washington for twenty-six years and hasn't lifted a finger to reform the regulations that could've prevented this crisis. In fact, his campaign is run by some of the very same lobbyists who fought against these regulations and worked to put special interest giveaways in our federal budget."

On the stump today, McCain said that while the fundamentals of the economy are strong, these are "very, very difficult times."

Brian Montopoli
Brian Montopoli is the senior political reporter at CBSNews.com.
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by prowriter09 September 15, 2008 7:26 PM EDT: If there''s one word that sums up the worst of John McCain, it''s this: reckless. Even most of his fellow Republican Senators think he''s "temperamentally unsuited to the presidency," although few will speak on the record for fear of reprisals if McCain somehow manages to eek out victory by tearing down Obama with lies and fear-mongering. Don''t be fooled. We can''t afford to put this hot-headed Bush sequel anywhere close to the White House. Read more here: a href="http://recklessmccain.wordpress.com/" http://recklessmccain.wordpress.com/ /a; Reply to this comment


by jone775 September 15, 2008 6:41 PM EDT: Mattcat25: I''ll add to your comment...next time folks see a commercial about "Picken''s Plan" and drilling and what-not, they should ask themselves, "Why now?" Why after sitting on their behinds for the past seven years, doing nothing to avoid the current energy crisis, are the top oil tycoons moving to do something now? I guess it hasn''t occured to people that these same folks (e.g., Pickens) will more likely than not sit on the boards of future energy corporations, you know, the wind, solar, etc. energy companies. What a scam!; Reply to this comment


by racampbell-2009 September 15, 2008 6:37 PM EDT: Dear Senator McCain:
You dishonor yourself by approving recent media commercials filled with deception, half truths and outright lies. You are NOT a man of Presidential character.; Reply to this comment


by mattcat25 September 15, 2008 5:51 PM EDT: The Republicans in the US Senate and their all of sudden VETO happy President George Bush have acted completely against every bill presented by the House of Representatives including increased benefits (that were cut by the previous congress) for our Veterans, and energy programs forcing OIL COMPANIES to commence operations on already approved drilling sites.

The Republicans have served as obstructionists rendering them the do nothing congress. Vote out the corruption and obstructionists from congress.; Reply to this comment


by royalia September 15, 2008 5:40 PM EDT: "The economy was doing fine when the Republicans controlled congress, it looks like it is time for the Republicans to control congress again so we can get the economy moving again."

WHAT A DUFUS! While the Republican Congress was in control with the Republican president the housing market was booming out of control due to fiscally incompetent loans and no proper oversight. Now EVERYBODY is paying for it! You are a MORON!; Reply to this comment


by mattcat25 September 15, 2008 5:31 PM EDT: The Conservative Agenda that has increased government barrowing and spending to the tune of over $9 Trillion Dollars and has diverted those borrowed funds over to the Private Sector has essentially %u201Cjuiced%u201D the entire United States for all it%u2019s worth.

You are the Orange that has been squeezed by the Republican Party and I%u2019m sure you are feeling it, First it was Jobs outsourced to foreign countries, then deregulated electricity, Oil, and Natural Gas, now you are witnessing the results of the deregulated Home Mortgage Market. What%u2019s next???

Don%u2019t vote to find out!; Reply to this comment


by ramos937 September 15, 2008 5:18 PM EDT: On the stump today, McCain said that while the fundamentals of the economy are strong, these are "very, very difficult times."
------------------------------
History is stranger than fiction.
"Today, Hoover said that while the fundamentals of the economy are strong, these are "very, very difficult times."

Hoover maintained the above, and believed it, up to the election of FDR.; Reply to this comment


by misha128-2009 September 15, 2008 4:46 PM EDT: NON-REFORMERS that were claimed and branded by President Bush are neither mavericks nor reformersa at all. ENOUGH! NON-REFORMERS who''s only reform will be to change the names on the President''s and Vice President''s office door. ENOUGH! NON-REFORMERS who''s platform still calls for less regulation and less government -- the same formula that created this mess. ENOUGH! Get the entire Republican Reform (name changes on doors) and other changes you need; VOTE DEMOCRATIC for President and Congress.; Reply to this comment


by cbk16 September 15, 2008 4:42 PM EDT: The economy was doing fine when the Republicans controlled congress, it looks like it is time for the Republicans to control congress again so we can get the economy moving again.; Reply to this comment


by obamaslady September 15, 2008 4:31 PM EDT: "I don''t really understand economics as much as I perhpas should", paraphrasing McBush some months ago. And that lack of comprehension shines through today when I hear him say today that "the fundamentals of our economy are strong". What a LIAR - yes I said LIAR. He hasn''t done one earthly thing to correct the ills of our economy all these past years, so why should I believe him now when he says now that he can "fix" things.

For me to believe in his "change" message, I would have had to fall off the turnip truck, and glad to say, I did not!

Every word he utters is a LIE and he has ''trained'' his pet seal Palin to LIE as well as he does. But that is just not going to play for those of us who have been paying attention and who are losing our homes, our salaries have stagnated, and our medical costs have soared.

Does he think that just because we are almost as old as he is that we don''t recognize a LIAR when we see or hear one?; Reply to this comment