Latest In

News

McCain Adviser: ‘Can’t Imagine’ Talking About the Stock Market Daily

McCain campaign manager Rick Davis, in a conference call with reporters today, boldly confronted the big issue on the minds of American voters: Sen. Barack

Jul 31, 2020
98.8K Shares
2.4M Views
McCain campaign manager Rick Davis, in a conference call with reporters today, boldly confronted the big issue on the minds of American voters: Sen. Barack Obama’s connection to the Association of Community Organizers for Reform Now (ACORN.)
However, after he and Missouri’s Republican Gov. Matt Blunt finished denouncing ACORN as a “fraudulent, law-breaking organization” — for a more balanced assessment of what ACORN does, look here— Davis answered a question from MSNBC’s Norah O’Donnell about why the McCain campaign has not been saying much lately about the stock market.
John McCain talked yesterday at length about what he’s trying to do to help stem the financial crisis that exists today, and announced on Monday and talked aggressively every day since then about his new mortgage proposal. There’s very little a candidate for president, and frankly, after watching today, very little even the president can say about what’s happening in the stock markets other than to hope that they correct themselves.
I think John’s recommendation for the government to get involved with the purchase of mortgages before they default is probably the best elixir for doing that. Obviously, I can’t imagine a situation where, on a daily basis, a campaign would put out statements related to whatever the market was doing.We hope the market gets better. We think we’ve got the economic policies that, if John McCain is elected president, will improve the markets because they will actually add stability to the financial system that is in so much turmoil today…
I don’t know if you really want to turn a campaign into a CNBC news show on the stock market. It doesn’t mean that we don’t care and aren’t trying to something about it. It’s just** I’m not exactly sure what you’d say every day.**
Well, I have an idea of what you might say.
You get out there and you demonstrate that you’re engaged with what’s going on. You reassure people that you understand that their IRAs and 401(k)s lost a substantial percentage of their value in the last week. Even if you don’t necessarily have any idea what to do about the crashing stock market, it’s probably best to at least talk about it — rather than spend all your time trying to gin up phony controversies about your opponent that nobody really cares about anyway.
Now, I have to go. The McCain campaign has scheduled another conference call about Bill Ayers.
Dexter Cooke

Dexter Cooke

Reviewer
Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide. He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina. Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations. As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all. Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
Latest Articles
Popular Articles