ducks
10-07-2008, 10:23 PM
Quotes from Republican Sen. John McCain of Arizona and Democratic Sen. Barack Obama of Illinois during their second presidential debate on Tuesday at Belmont University in Nashville, Tenn.:
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On mortgages:
McCAIN: "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 be able to make those — be able to make those payments and stay in their homes. Is it expensive? Yes. But we all know, my friends, until we stabilize home values in America, we're never going to start turning around and creating jobs and fixing our economy. And we've got to give some trust and confidence back to America. I know how the do that, my friends. And it's my proposal, it's not Sen. Obama's proposal, it's not President Bush's proposal. But I know how to get America working again, restore our economy and take care of working Americans."
OBAMA: "This is not the end of the process; this is the beginning of the process. And that's why it's going to be so important for us to work with homeowners to make sure that they can stay in their homes. The secretary already has the power to do that in the rescue package, but it hasn't been exercised yet. And the next president has to make sure that the next Treasury secretary is thinking about how to strengthen you as a home buyer, you as a homeowner, and not simply think about bailing out banks on Wall Street.
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On foreign relations with Pakistan:
OBAMA: "Now, Sen. McCain suggests that somehow, you know, I'm green behind the ears and I'm just spouting off, and he's somber and responsible."
McCAIN: "Thank you very much."
OBAMA: "Sen. McCain, this is the guy who sang, 'Bomb, bomb, bomb Iran,' who called for the annihilation of North Korea. That I don't think is an example of speaking softly. This is the person who, after we had — we hadn't even finished Afghanistan, where he said, 'Next up, Baghdad.' So I agree that we have to speak responsibly and we have to act responsibly. And the reason Pakistan — the popular opinion of America had diminished in Pakistan was because we were supporting a dictator, (former President Pervez) Musharraf, had given him $10 billion over seven years, and he had suspended civil liberties. We were not promoting democracy. This is the kind of policies that ultimately end up undermining our ability to fight the war on terrorism, and it will change when I'm president."
McCain asked for time to respond.
MCCAIN: "Not true. Not true. I have, obviously, supported those efforts that the United States had to go in militarily and I have opposed that I didn't think so. I understand what it's like to send young American's in harm's way. I say — I was joking with a veteran — I hate to even go into this. I was joking with an old veteran friend, who joked with me, about Iran. But the point is that I know how to handle these crises. And Sen. Obama, by saying that he would attack Pakistan, look at the context of his words. I'll get Osama bin Laden, my friends. I'll get him. I know how to get him."
http://news.yahoo.com/s/ap/20081008/ap_on_el_pr/presidential_debate_quotes_1;_ylt=AttpxVVFoUftkEjW 7PQgYOZh24cA
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___
On mortgages:
McCAIN: "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 be able to make those — be able to make those payments and stay in their homes. Is it expensive? Yes. But we all know, my friends, until we stabilize home values in America, we're never going to start turning around and creating jobs and fixing our economy. And we've got to give some trust and confidence back to America. I know how the do that, my friends. And it's my proposal, it's not Sen. Obama's proposal, it's not President Bush's proposal. But I know how to get America working again, restore our economy and take care of working Americans."
OBAMA: "This is not the end of the process; this is the beginning of the process. And that's why it's going to be so important for us to work with homeowners to make sure that they can stay in their homes. The secretary already has the power to do that in the rescue package, but it hasn't been exercised yet. And the next president has to make sure that the next Treasury secretary is thinking about how to strengthen you as a home buyer, you as a homeowner, and not simply think about bailing out banks on Wall Street.
___
On foreign relations with Pakistan:
OBAMA: "Now, Sen. McCain suggests that somehow, you know, I'm green behind the ears and I'm just spouting off, and he's somber and responsible."
McCAIN: "Thank you very much."
OBAMA: "Sen. McCain, this is the guy who sang, 'Bomb, bomb, bomb Iran,' who called for the annihilation of North Korea. That I don't think is an example of speaking softly. This is the person who, after we had — we hadn't even finished Afghanistan, where he said, 'Next up, Baghdad.' So I agree that we have to speak responsibly and we have to act responsibly. And the reason Pakistan — the popular opinion of America had diminished in Pakistan was because we were supporting a dictator, (former President Pervez) Musharraf, had given him $10 billion over seven years, and he had suspended civil liberties. We were not promoting democracy. This is the kind of policies that ultimately end up undermining our ability to fight the war on terrorism, and it will change when I'm president."
McCain asked for time to respond.
MCCAIN: "Not true. Not true. I have, obviously, supported those efforts that the United States had to go in militarily and I have opposed that I didn't think so. I understand what it's like to send young American's in harm's way. I say — I was joking with a veteran — I hate to even go into this. I was joking with an old veteran friend, who joked with me, about Iran. But the point is that I know how to handle these crises. And Sen. Obama, by saying that he would attack Pakistan, look at the context of his words. I'll get Osama bin Laden, my friends. I'll get him. I know how to get him."
http://news.yahoo.com/s/ap/20081008/ap_on_el_pr/presidential_debate_quotes_1;_ylt=AttpxVVFoUftkEjW 7PQgYOZh24cA