Seriously? John McCain on the Fundamentally Sound U.S. Economy

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C'mon. He didn't say "fundamentally sound." He said "the fundamentals are strong." Additionally, that actual quote takes on a a completely different sound if you look at it in the contezxt of the rest of his statement. Before and after the quoted sentence he only talks of the weakness and problems in the financial sector.

stuf of IL 10:34AM October 08, 2008

I think a lot of people are throwing this comment around hap-hazardly.
Barney Frank said Freddie Mac and Fannie Mae were fundamentally sound just in July, and are not in fear of collapse.
Since he is more 'in touch' with those than McCain is with the overall ecomony, I would think those comments are so much more outrageous.
I think he needs to be investigated, and needs to be fired / cut loose, from his position.

Americas Voice of OK 2:27PM October 07, 2008

Can it be that 42 percent of the American electorate really want to follow the most disastrous and crooked administration in history with more of the same?
The Republican Party has done its worst to bankrupt this country. They sought to give Wall Street control of our Social Security fund–failed–and still managed to pull off a nearly trillion dollar heist. Meanwhile, our foreign policy is a shambles and our school systems, a last bastion of local control, have been all but nationalized. Bolsheviks could not have done more harm.
I love this country and I'm worried. Palin ran on an "open government" plank and immediately began doing business on private cellphones "to avoid subpoenas"? This is how drug dealers operate.
Worse yet, we have a corrupt ministerial alliance openly campaigning for a candidate while accepting nonprofit status. Will we go to hell if we don't vote Republican? I thought it was the other way round!

Alberto Enriquez of OR 9:14AM September 26, 2008

Maybe McCain thinks the fundamentals of the economy are strong because HIS economics are strong. He has anywhere between seven and nine houses, none of them up for foreclosure, he married into a rich family, and he's a U.S. Senator. His pockets aren't hurting, and to him, like any of us for the most part, that's what matters.
So yeah, McCain is out of touch, and yeah McCain is out of his mind, but he's human. TRANSLATION: Your crisis, your problem.
But doesn't he actually want to WIN this election? He keeps shooting himself in the foot. First, he said that he doesn't know too much about computers, and then he says he doesn't know about economic issues. When I talk to people and say that McCain is like a dinosaur, usually I'm joking, but now? My joke is becoming reality, and reality is swiftly beginning to drop on the Palin-McCain...err, McCain-Palin campaign.
P.S. AT LAST THE SARAH PALIN LOVE FEST HAS ENDED AND THE PEOPLE OF AMERICA HAVE SEEN HOW EMPTY-HEADED BOTH McCAIN AND PALIN ARE (especially Palin...I mean, come on. I'm 17 and I know what the Bush Doctrine is.)

MARSZ of CA 12:37AM September 19, 2008

Hmm...while most people would say that McCain is out of touch and out of his mind, to him, well...HIS economics are sound. He's a U.S. Senator, he married into a rich family, and he owns a house for every child he has (seven or more). So while the rest of America doesn't live like him, he may not be concerned.
Oh yeah, McCain IS out of touch and he IS out of his mind.

MARSZ of CA 12:25AM September 19, 2008

It is mind-boggling that Americans aren't outraged by John McCain!! It just shows most Americans are not paying attention. They better wake up because another 8 years of this and we will be in a world of hurt.

of MA 12:14AM September 17, 2008

"You know that there's been tremendous turmoil in our financial markets and Wall St. And it is -- people are frightened by these events. Our economy, I think still -- the fundamentals of our economy are strong. But these are very, very difficult times."
The dollar is strong (weaker than it was, but still strong), we've had decent GDP growth, industrial growth, oil is falling, the broad market is still profitable (most companies are not posting losses, are they???) unemployment is still below 6% in almost every state...
yes, we have a credit crunch,
BUT...
THE FUNDAMENTALS OF OUR ECONOMY ARE STRONG!
Most analysts have said the same thing.
Anyone who disagrees with this simply doesn't understand much of anything about the economy and isn't qualified to judge McCain.
Also he's acknowledged the things that all of you are kvetching about, in the context of the whole speech this was one line, but people are reacting to this with splenetic idiocies like "Who in God's name does McCain represent when he makes this kind of comment on the same day two major stock holding companies in American go belly up?"
Guess what? LEH went bellyup-- but MER got BOUGHT. NOT bellyup- not the same thing.

Your intellectual superior of WA 5:47PM September 16, 2008

It strikes me with profound awe that Sen McCain is topping the polls after all the communication blunders and misguided ads he focused so much energy on and in detriment of boilig issues. Talk of dishonesty and mediocrity through wrong information and propaganda, McCain's desperate actions amount to disrespect not only of his opponent but Americans and in deed the outside world who love America and wish to see positive changes in the country. It seems to me that many applaud Sen McCains jabs below the belt plus the satirical manner he heaps salt on old wounds just to allow continuity at the White House instead of discontinuity for an enduring change. The choice of Gov Sarah Palin is electoral opportunism designed to impress women than represent thair true interests. Her hurried choice and, unlike Hillary Clinton, the absence of serious and consistent engagement with women's plights in the society attest to her lightening appearance at the national political stage. America has come of age and Americans should not allow misguided emotions to rule over the historic and reputable capacity to reason and advance the course of human liberty.

Henry of 6:29AM September 16, 2008