Palin was stumped in video below...why?

The reason she was stumped is somewhat simple: McCain, in his 26 years in Congress has been a strict champion of deregulation. As my colleague, Nico Pitney reported: Back in October 1999, when Senate Republicans led by Phil Gramm were deep in negotiations on key legislation to deregulate the banking industry, McCain was at a primary debate in New Hampshire touting the benefits of such a measure.

"There's a number of reasons why we are experiencing this almost unprecedented prosperity," McCain said back then. "Among them are a lack of regulation, free trade, and most importantly, we are going through a revolution the likes of which the world has seldom seen."

Here is the entirety of Couric's interview with Palin.

COURIC: You've said, quote, "John McCain will reform the way Wall Street does business." Other than supporting stricter regulations of Fannie Mae and Freddie Mac two years ago, can you give us any more example of his leading the charge for more oversight?




McCain avoiding a steamroll by Obama...

David Letterman on McCain & the Debates

"In the middle of the taping Dave got word that McCain was, in fact just down the street being interviewed by Katie Couric. Dave even cut over to the live video of the interview, and said, "Hey Senator, can I give you a ride home?"


Earlier in the show, Dave kept saying, "You don't suspend your campaign. This doesn't smell right. This isn't the way a tested hero behaves." And he joked: "I think someone's putting something in his metamucil."


"He can't run the campaign because the economy is cratering? Fine, put in your second string quarterback, Sarah Palin. Where is she?"


"What are you going to do if you're elected and things get tough? Suspend being president? We've got a guy like that now!"