Maddow: McCain’s economic gaffe capped ‘a terrible, horrible, no good, very bad day on the campaign trail.’
Maddow: McCain’s economic gaffe capped ‘a terrible, horrible, no good, very bad day on the campaign trail.’
Yesterday, TP’s Wonk Room reported that John McCain committed an economic gaffe when he referred to the Securities Investor Protection Corporation (SIPC) as the S-P-I-C. Moreover, McCain called the “SPIC” a regulatory agency, which the non-profit corporation’s own website explicitly says it is not. Last night, MSNBC’s Rachel Maddow reported on the gaffe, citing it as just one example of McCain’s “terrible, horrible, no good, very bad day on the campaign trail.” Watch it:
The McCain campaign has since scrubbed the transcript of McCain’s gaffe. But McCain campaign spokesman, Tucker Bounds, confirmed the typo to the New York Sun. Bounds made clear that McCain’s use of “SPIC” was not meant as a derogatory insult to Hispanics. “No one, and I mean no one, should read anymore into it,” he said. “It would be absurd to suggest otherwise.” It did, however, confirm McCain doesn’t know much about the economy.
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The McCain campaign has since scrubbed the transcript of McCain’s gaffe.
Yes, hide the truth, yet again, and again, and again. Only problem for your attempts to decieve us is that we have this really cool thing called video that keeps us informed when we replay it.
September 17th, 2008 at 10:03 amBounds made clear that McCain’s use of “SPIC” was not meant as a derogatory insult to Hispanics.
Only a Conservative with racist tendancies would see it that way…
September 17th, 2008 at 10:04 amWonder why Bounds brought up the insult to Hispanics. I honestly don’t think anyone in the world thought that McCain meant anything like that. He just screwed up the letters, which in itself, shows how clueless he is. Bounds is just an absolute idiot. I suppose he is going to run around now and say that the Obama campaign has been calling McShame a racist.
September 17th, 2008 at 10:08 amThe McCain campaign has since scrubbed the transcript of McCain’s gaffe.
Per usual, when Johnny Boy messes his Depends, his handlers are quick to wipe up the stain, unfortunately for them, the smell still lingers.
September 17th, 2008 at 10:08 amAnd yet in spite of all the gaffes, lies, nasty remarks to reporters and others, his numbers don’t go down. John McCain is way too old and doesn’t seem to understand or remember what’s going and yet he’s still running even with Obama. What the hell?!!!
September 17th, 2008 at 10:08 amMy wife, a children’s literature specialist, will love Maddow’s allusion! The whole thing would be hilarious if it weren’t so scary that McLobby might be elected!!!!
September 17th, 2008 at 10:12 amI agree that McCain most likely did not mean any disrespect to Hispanics by getting that acronym wrong. I doubt he has the cleverness to think of something like that.
No, this is just a case of McCain not doing his homework, and therefore being rather clueless about what he says — sort of like a foreign-born actor trying to learn an English language part phonetically. I doubt McCain really knows an SIPC from an SPIC from an SPCA. It’s all just letters to him. I suspect that SIPC was something one of his handlers coached him on to make him appear knowledgeable about the economy, but acronyms tend to make learning one’s lines difficult.
September 17th, 2008 at 10:13 amExcellent point. I know a couple of TPers made snide comments to that effect, but no one seriously suggested any such intent. Still, Bounds felt compelled to deny it.
Nope, it was simply a doddering old man getting confused, that’s all…
September 17th, 2008 at 10:13 amOMG!
September 17th, 2008 at 10:14 amMcSame is channeling Mr.P!
I said it two days ago here, and I’ll say it again — McDumbA$$ has absolutely no idea what he’s talking about. Apart from getting the acronym for the SIPC wrong, to lump the SIPC and FDIC in with the other entities in his “alphabet soup”, and then claim that these are all examples of “government regulatory agencies”, shows that McIdiot is even more clueless on the workings of our economic system than even he previously admitted.
In that whole rant, he mentioned only one entity that’s an actual government agency responsible for regulating the securities industry — the SEC. The SIPC and FDIC are private corporations that insure investments in the securities industry and deposits in commercial banks, respectively. They do not regulate the banks or securities industry whatsoever. Even the NASD and NYSE (which have joined their regulatory arms into a single entity, FINRA) are member organizations and not governmental agencies.
So not only does McNumnuts get the acronyms wrong, he lumps all of these organizations together in his “alphabet soup of agencies” without understanding — AGAIN — that he has absolutely no idea what in the world he’s talking about. And this is the moron that 45% of the sheeple currently want running our economy? Sheesh…
September 17th, 2008 at 10:16 amCut him some slack. He was just having a long horrible terrible no good very bad day.
September 17th, 2008 at 10:17 amDock Rock – perhaps McCain should just move to Australia…
(tho’ I wouldn’t with him on them either.)
September 17th, 2008 at 10:17 amI’m pretty sure NO ONE thought it was a slam on Hispanics, Tucker Bounds, you f ucking dumbass.
September 17th, 2008 at 10:18 ammisshusseinmolly Says: I doubt McCain really knows an SIPC from an SPIC from an SPCA. It’s all just letters to him. I suspect that SIPC was something one of his handlers coached him on to make him appear knowledgeable about the economy, but acronyms tend to make learning one’s lines difficult.
———————————————————
I also suspect, Miss Molly, that he had “SPIC” roll off his tongue because it sounded phonetically like “FDIC” which he lumped together with all the other acronyms in that rant that he didn’t understand (and judging from the reaction of his handlers on the stage with him and the sheeple in the audience, they didn’t understand either…). It’s also rather telling that he made the same mistake four times during speeches yesterday — meaning that his programmers didn’t catch it in time to correct the bug in his microchip in real time yesterday.
See, that’s the problem with repuglicans — they don’t know enough to keep their damn pieholes shut when they don’t know what in the fu(k they’r talking about…
September 17th, 2008 at 10:23 amThe McCain camp committed much greater gaffes than this in the last 48 hours.
Carly’s assessment that neither member of the McCon-Pullin’ ticket could run a major company was double shoe in mouth.
McCon’s attempt to shift a fundamentally sound economy to the American worker was pathetic to watch on tape.
Pullin’s noncooperation in an ethics investigation took several inches off her reformer bun.
There’s a net full of fish to fry. The SPIC faux pas should be thrown back.
However, it is time to press the McCon camp on their economic solutions for country in crisis. His dance on the edge of the regulatory razor has only bloodied his feet.
September 17th, 2008 at 10:23 amsatirev Says:
Hi Zooey~The next McCain bumbler to be thrown under the bus will be Tucker Bounds. He already was castrated yesterday with his balls offered up to the gods yesterday….total emasculation.
September 17th, 2008 at 10:20 am
Another shrimp on the barbey?
September 17th, 2008 at 10:23 amJETS
September 17th, 2008 at 10:26 amThe Jets are gonna have their day
Tonight
The Jets are gonna have their way
Tonight
The Puerto Ricans grumble
‘Fair fight’
But if they start a rumble
We’ll rumble’em right
Using the wrong acronym can happen to anyone.
Anyone who really doesn’t know what they are talking about or isn’t sure about what they are talking about.
But not knowing what the SIPC does, is the real problem and shouldn’t be ignored.
McCain, the deregulation guru, wants to clean up Wall Street now? How exactly? More Deregulation? Yeah, that’s gonna work. Lack of regulation is what got these banks into the trouble they are in now. AND Phil Gramm is still advising McCain.
September 17th, 2008 at 10:27 amYou think things are gonna change much if McCain appoints Gramm as Sec. of the Treasury? If you do, then, I’ve got an invisible horse with a single horn on it’s head that I’d like to sell you.
PTSD is one acronym McCain can’t forget…remember…understand
Q:What do the Keating_5 & Tracy_5 have in common?
A: They both love McChimp!
September 17th, 2008 at 10:29 amsatirev Says:
Zooey: Shrimp on the barbey makes my mouth water. Shall I bring some rice pilaf??
September 17th, 2008 at 10:26 am
It’s a Tucker Bounds shrimp. Blech…rotten.
September 17th, 2008 at 10:32 amLibertyLover Says: If you do, then, I’ve got an invisible horse with a single horn on it’s head that I’d like to sell you.
…or better yet, LL, a bridge in Alaska to sell you…
(Kudos to Obama for using that line in a stump speech a couple of days ago…)
September 17th, 2008 at 10:33 amFreudian slip?Maybe…Clueless? Most definately!
September 17th, 2008 at 10:34 amZooey Says:
I’m pretty sure NO ONE thought it was a slam on Hispanics, Tucker Bounds, you f ucking dumbass.
Morning Zooey!
Perhaps not, but now they do!
PEACE
September 17th, 2008 at 10:47 amGood morning, Mom!
At least it was McCain saying, right? ;)
September 17th, 2008 at 10:51 amspencers mom Says:
Perhaps not, but now they do!
_________
Open mouth, insert foot…
September 17th, 2008 at 10:51 amTawdry Says:
“And yet in spite of all the gaffes, lies, nasty remarks to reporters and others, his numbers don’t go down. John McCain is way too old and doesn’t seem to understand or remember what’s going and yet he’s still running even with Obama. What the hell?!!!”
Approx 50% of American voters are just plain stupid. Simpletons.
September 17th, 2008 at 10:58 amCall me an elitist, but there’s no denying it. Two terms of Senile Ronnie, 2 terms of Dumbass and now McBraindead. That’s all the proof I need.
What we do know is that McStain has a penchant for the phrase “let’s call a spade a spade.”
His closeted racist is starting to show as his mental instability is unveiled.
PEACE
September 17th, 2008 at 11:03 amNew accepted words since 8 years of republican rule:
uppity in reference to a black man.
calling a spade a spade in reference to a black mans policies.
Obama waffles is not racist…if you’re brain dead.
It is also forgivable to use racial slurs accidentally when refering to committies, commissions ect….you know if the racism accidentally slips out…that is forgivable.
but don’t say anything about a woman this year because there is a woman on the gop ticket and you will be charged for your sexism. Even if you are just talking about her failures.
These retards are taking us back to the 1930’s faster than Joe mcarthy.
September 17th, 2008 at 11:09 amIn this world of alphabet soup acronyms, who among us has not occasionally said letters in the wrong order. It is ridiculous to suggest that mixing up the I and P proves racism. Moreover, it suggests that if this is the level to which people must sink to argue against John McCain, they don’t have very strong ground arguing against his policies or, on the flip side, defending Obama’s views and policies.
If you disagree with his policies and views, don’t vote for him. State why you disagree with his policies and views and why you believe they are bad for the country, but this game of ‘gotcha’ demeans the liberal position.
Moreover, is it really reasonable to assume that anyone who disagrees with you is stupid? Is that tolerant and open-minded? As you go through life, you will find many people who disagree with you on many subjects. Are you going to dismiss them all as ’stupid?’ That is sad.
September 17th, 2008 at 11:10 amonamonapeia Says:
Thanks for the condescending and ‘uppity’ speech! I haven’t had one like that since I was in Junior HIgh.
I am glad you have the ability to dismiss the continued gaffes and lies from your party’s POTUS nominee, but some of us find that electing that person to be dangerous, not only to the US but to the rest of the world, and form many generations to come.
September 17th, 2008 at 11:16 amYou seem to have been asleep. It’s become a pattern. They have relaxed and now thier inherent racism is eeking out.
As far as the rest of your post…..I totally disagree with you. You are talking to the wrong people. The republicans are totally responible for the civil discourse that is what politics has become.
Republicans and right wing radio are where you need to be preaching. Then come back and have a discussion with us if you like.
September 17th, 2008 at 11:18 amMcCain’s part of the “The White Christian Male Power Structure”
McCain and Bill O’Reilly on White power
It’s pure BillO – makes me love Maddow a lot more as it shows the “SPIC” gaffe in a better context. McCain’s main weakness is “gooks” from his Vietnam days but that is another story.
September 17th, 2008 at 11:19 amonamonapeia Says:
Moreover, is it really reasonable to assume that anyone who disagrees with you is stupid?
September 17th, 2008 at 11:10 am
_______
Oh, it’s not an assumption. It’s pretty solid fact based on evidence gleaned from the dozens of trolls who’ve come through this forum.
September 17th, 2008 at 11:40 amonamonapeia?
September 17th, 2008 at 12:52 pmI don’t think that it was a racist comment. I do think that is a sign of age and that disturbs me a great deal more because, HONESTLY, do you think that Palin could lead the country in the very near future? Ask her to describe the Securities Investor Protection Corporation.
And speaking of honest, what about the broken teleprompter comment? Why did they lie about something that could be so easily proven to be a lie? Because they boldly lie to America about little things you can reason they will lie about bigger issues. Wars start over things like that.
They have a lot of reality problems within the GOP campaign.
See? McCain won’t be just a continuation of Bush. Bush makes Bushisms. McCain, on the other hand, makes McCainisms.
September 17th, 2008 at 1:26 pmC’mon…
September 17th, 2008 at 2:32 pmIt could’ve been worse.
At least he didn’t say, “You can put lipstick on a SPIC …”
ohhh gawd. I watched 5 minutes of this maddow woman and almost blew chunks.
What a boring talk show host.
msnbc will continue to tank in the ratings.
September 18th, 2008 at 12:17 amI simply love this woman. Where has she been for the last eighteen…er…eight years?
She’s even better (is that possible?) on her own intelligibly stimulating, entertaining and wonderful shows.
It’s a line up made in heaven. Keith then Rachel sometimes its Rachel and Keith.
September 18th, 2008 at 12:45 ama troll. oh goody.
same troll different name again, but I’ll play along. It’s sad to see a lone unstable troll come apart. HAHAHAHAHA
hi troll!
I know you trolls are getting scared because your chimpy is losing on repug polls.
Please talkingheads quit it with the fakeass race bs, it’s done. There isn’t that many stupid white people on earth.
also msm save your stinkin advice for mcchimpy/plain, they need it.
repugs didn’t have the numbers during their primaries and they can’t get close to the real dem number.
wow. pappy bush was sol now chimpy is disgraced from the office and could be looking at facing war crimes and crimes against humanity. Ssol.
LIES NEVER HOLD UP
September 18th, 2008 at 1:11 amTim43 Says:
ohhh gawd. I watched 5 minutes of this maddow woman and almost blew chunks.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Oh my GOD its MoronTim 4.3 its a dodo bird its a paper airplane no its SUPERMORON. Dumber than GWBush, more ignorant than the average goldfish able to avoid facts and reality like the roadrunner avoids Wile E Coyote. What is the point? We already all know how completely worthless and ignorant you are. Its all diminishing returns now. Dont I hear the shortbus honking for you?
September 18th, 2008 at 4:01 amGame of Life Says:
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Love your post except for this
LIES NEVER HOLD UP
Who shot John Kennedy again?
September 18th, 2008 at 4:06 am