McCain Names Names in Albuquerque, New Mexico


McCain accused Obama of a “barrage of angry insults” and questioned if the Illinois senator had ever accomplished anything. “Who is the real Barack Obama?” he asked at a campaign stop in New Mexico.

“It’s as if somehow the usual rules don’t apply, and where other candidates have to explain themselves and their records, Senator Obama seems to think he is above all that,” McCain said.

The attack followed the McCain camp’s renewed criticism of Obama for serving on a community board in Chicago with former 1960s radical William Ayers. The Obama campaign fired back with a Web advertisement and video on McCain’s involvement in the Keating Five savings and loan scandal two decades ago.

“This is someone who sees America as imperfect enough to work with a former domestic terrorist who targeted his own country,” McCain’s running mate Sarah Palin said of Obama in Clearwater, Florida. Over the weekend she accused Obama of “palling around” with terrorists.

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In his speech in Albuquerque, NM, later today, Sen. John McCain, R-Ariz., will depict Sen. Barack Obama, D-Ill., as an advocate of subprime loans.

“As recently as September of last year (Obama) said that subprime loans had been, quote, ‘a good idea,'” McCain will say, according to prepared remarks provided by his campaign. “Well, Senator Obama, that ‘good idea’ has now plunged this country into the worst financial crisis since the Great Depression.”

“To hear him talk now, you’d think he’d always opposed the dangerous practices at these institutions. But there is absolutely nothing in his record to suggest he did. He was surely familiar with the people who were creating this problem. The executives of Fannie Mae and Freddie Mac have advised him, and he has taken their money for his campaign. He has received more money from Fannie Mae and Freddie Mac than any other senator in history, with the exception of the chairman of the committee overseeing them. Did he ever talk to the executives at Fannie and Freddie about these reckless loans? Did he ever discuss with them the stronger oversight I proposed? If Senator Obama is such a champion of financial regulation, why didn’t he support these regulations that could have prevented this crisis in the first place? He won’t tell you, but you deserve an answer.” John McCain

Here are excerpts of a speech that John McCain gave today in Albuquerque, New Mexico.


“Palin on Obama-Ayers Ties”

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