McCain Mischaracterized by Press

McCain Mischaracterized by Press

Here is what John McCain said about assistance for the non-speculators in
the economic crisis with regard to the bailout, which by the way, was
mischaracterized by the press which used soundbites to report the
opposite. I suggest you follow this link:

POINTER:
http://www.usnews.com/blogs/capital-commerce/2008/3/25/bailout-politi
cs-count-mccain-in.html assistance.

Also, McCain economic adviser and former Hewlett-Packard CEO Carly Fiorina
said this:

..."I think it got characterized that way
by many in the media because they played one sound bite, and the
Democrats mischaracterized his position purposefully to try and draw a
contrast. Now the contrasts are very large between John McCain's
position and the Democrats' position, but he does believe there is a
role for government. In fact, in that speech he said three things: He
said the role of government is to help the truly needy; the role of
government is to make sure that appropriate reforms are enacted so
this doesn't happen again; the role of government, however, is not to
bail out bad actors and speculators. The role of government is to
distinguish between those who are in trouble through no fault of their
own and guys who just played the market and lost. That's what he said."