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Presidential candidates John McCain and Barack Obama debated in Nashville, Tennessee, on Tuesday night. NBC's Tom Brokaw moderated the debate.
With public anxiety mounting over financial markets and the economy, Sens. Barack Obama and John McCain engaged in a muted debate Tuesday night over who was to blame and whose plan would successfully address the problems.
In the second presidential debate, at Belmont University in Nashville, Tenn., Obama faulted the Bush administration and by extension McCain for a deregulatory environment that he said had led to the economic meltdown. McCain, pledging to aid struggling homeowners, offered a proposal to direct the federal government to save families from foreclosure by buying mortgages they could no longer afford.
"As president of the United States," McCain said in response to an audience member's question, "I would order the secretary of the Treasury to immediately buy up the bad home loan mortgages in America and renegotiate at the new value of those homes, at the diminished value of those homes and let people make those, be able to make those payments and stay in their homes. Is it expensive? Yes."
Obama, who has been gaining strength in recent polls, actively engaged McCain, and repeatedly focused on the bread-and-butter struggles of Americans, vowing to help them with a "rescue package" for the middle class, not only for banks and insurance companies on Wall Street. The first part of the package, he said, would be tax cuts for all American households making less than $250,000 a year.
"It means help for homeowners so that they
The moderator, Tom Brokaw of NBC News, is sifting through those millions of questions to find six or seven that he might pose. The other dozen or so questions will come from among an audience of about 80 likely voters from the Nashville area who will be on stage with the candidates. Mr. Brokaw will meet with audience members on Tuesday as he seeks a balance between foreign and domestic topics. The live audience was selected over the last week by the Gallup Organization, which made thousands of calls to find people who are truly uncommitted - that is, they may be leaning toward one candidate or the other but could still change their minds. “Only a small percentage of the population qualifies as uncommitted,” said Frank Newport, editor in chief of the Gallup Poll.
The format allows about five minutes for each question: two minutes for each candidate and one minute for what the co-chairman of the Commission on Presidential Debates, Frank J. Fahrenkopf Jr., described as “interplay” to be managed by Mr. Brokaw.
Transcript of presidential debate
John McCain, Sen. Barack Obama debate in Mississippi ... The economy is slowing down, so it's hard to anticipate right ... Quick response to Senator Obama. MCCAIN: It's well ...
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McCain seeks to delay debate
... Obama rejected John McCain’s call Wednesday to delay Friday’s debate ... McCain discussed the economy in two telephone calls earlier Wednesday. Obama said it ... debate came as a surprise, saying McCain had told him in their second ...
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McCain, Obama Debate Debate Deals - The Caucus Blog - NYTimes.com
... the economy in July and a debate on foreign policy in August. “It’s disappointing that Senator McCain ... McCain wants to get on stage with Obama ten times. It’s the ... the second ...
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Obama, McCain Set Debates, But "Town Hall" Idea Is Dead - Yahoo! News
Barack Obama and John McCain will debate head-to ... John McCain looks forward to debating Barack Obama as often as possible, but it's ... included a debate on the economy and ...
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McCain Ad Mocks Obama as ‘The One’ - The Caucus Blog - NYTimes.com
... John McCain’s campaign. It’s ... look Obama is talking about the economy and McCain is ... The second childhood, I believe its called. And Obama cannot do the same to McCain ...
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... it’s a Democratic cycle (hard for a incumbent party to win three in a row, incumbent president extraordinarily impossible, economy in tank, Americans believe country is on wrong track). Second, Obama ... second debate between Barack Obama and John McCain ... it's tempting to say that Obama should give McCain ...
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Source: Salon
NewsDateTime: 13 hours ago
Support growing in Washington for reforms in mortgage rules
In the wild ride that is the McCain presidential campaign, Steve Schmidt ... The economy is the biggest issue in Michigan's November elections ... south to Belmont University in Nashville, Tenn., on Tuesday for the second presidential debate. It's ...
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Source: Baltimore Sun
NewsDateTime: 10/6/2008
Real-Time News
The issue isn't exactly how it's going to work ... The first presidential debate between Republican John McCain and Democrat Barack Obama remained in doubt ... It is also sure to add fire to a debate over the best approach to fix an ailing economy that can ...
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Source: Newark Star-Ledger
NewsDateTime: 10/7/2008
Casino Money Not a Sure Bet in Connecticut
But it's not just football that's happening there. In this election year, the ... Watch the Vice Presidential Debate -- ABC News Live Coverage Begins at 9 p.m. ET ... out in February for party caucuses that gave wide margins of victory to Obama and McCain's ...
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Source: ABC News
NewsDateTime: 10/6/2008
Political Candidates
NEW YORK (AP) _ It's starting to feel like Tina Fey is running for vice ... John McCain spent yesterday at a resort hotel in Sedona, Ariz., preparing for his second debate with Barack Obama. The Arizona senator plans to stay the weekend at his family ...
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Source: Morning Call
NewsDateTime: 10/6/2008
The format allows about five minutes for each question: two minutes for each candidate and one minute for what the co-chairman of the Commission on Presidential Debates, Frank J. Fahrenkopf Jr., described as “interplay” to be managed by Mr. Brokaw.
When the candidates meet tonight at Belmont University in Nashville, Tenn., for their second of three debates, the pressure will be on McCain, who is trailing in the polls, to convince people to reconsider their priorities as well as their votes. That means continuing his campaign's strategy of attacking Obama's judgment, analysts said. "He's got a very difficult task ahead of him," said Torie Clarke, a Republican strategist and ABC News political consultant. "He has to do something different. He has to say something that will change the game. He has to inject something into the system that will shake things up, because right now, it does not look good."
Tonight's town hall style debate is moderated by Tom Brokaw of NBC News. Brokaw will ask six or seven of the more than 6 million questions submitted over the Internet.
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