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McCain, Obama tentatively support bailout plan

By Caren Bohan and Jeff MasonSun Sep 28, 3:44 PM ET

Republican John McCain and Democrat Barack Obama on Sunday tentatively supported the $700 billion plan to bail out the U.S. financial system.

"This is something that all of us will swallow hard and go forward with," McCain said on ABC's "This Week." "The option of doing nothing is simply not an
acceptable option."

"My inclination is to support it," said Obama, his Democratic rival in the November 4 U.S. presidential election.

"While I look forward to reviewing the language of the legislation, it appears that the tentative deal embraces these principles" the Illinois senator said on
CBS' "Face the Nation," referring to requirements he said needed to be in the package.

Congressional negotiators announced early on Sunday they had reached tentative agreement on a compromise deal that altered key parts of a Wall
Street bailout program initially proposed by the Bush administration.

Both candidates refused to be pinned down on the economic plan during their first presidential debate on Friday. By Sunday, with a tentative deal in
place, each gave general support with comments that the taxpayers had to be protected.

Later at a rally in Detroit, Obama called the bailout an "outrage." "But we have no choice," he said in prepared remarks. "We must act now. Because now
that we're in this situation, your jobs, your life savings and the stability of our entire economy are at risk."

Supporters tried to play up their candidate's roles.

Republican Sen. Lindsey Graham of South Carolina told "Fox News Sunday" said Arizona Sen. McCain played a "decisive" role in getting balky House
Republicans to focus on negotiating a compromise. McCain cut his campaign short last week to return to Washington to deal with the crisis at a White
House meeting.

But Democratic Sen. John Kerry of Massachusetts told the same program it was Obama who took the lead at that meeting while McCain remained

McCain resumed his campaign the next day so that he could attend the debate in Mississippi. Early same-night snap polls generally showed Obama
winning the first of three encounters between the two nominees.

McCain tried to paint Obama as naive and too inexperienced to be president, a tactic Obama shrugged off as a "debating trick."

McCain has been criticized as condescending toward Obama and for refusing to look at his Democratic opponent during the debate. McCain called the
criticism "foolishness."

"I've been in many, many debates," he said. "And a lot of the times I don't look at my opponents because I'm focusing on the people and the American
people that I'm talking to. That's what the debate's all about."


The two debate again on October 7. Before that, the two vice presidential nominees -- Republican Gov. Sarah Palin of Alaska and Democratic Sen. Joe
Biden of Delaware -- will face off next Thursday.

That debate is expected to attract a large television audience. Palin has excited the conservative base of the Republican Party and her newness on the
national scene has raised public interest in the person who would be next in line for the presidency.

Plus, both candidates have misspoken or given less-than-elegant answers to questions, raising the possibility of a misstep that could alter the campaign.

McCain shrugged off criticism of Palin, especially that she is too inexperienced in foreign affairs.

"I'm so excited about the reaction that Sarah Palin has gotten across this country, huge turnouts, enthusiasm, excitement," he said. "She knows how to
communicate directly with people. They respond in a way that I've -- that I've seldom seen."

Obama ducked questions about whether he thought Palin was qualified to be president.

"I think it's important for the American people to make a judgment based on what they hear from Sarah Palin herself," he said. "I think that I'm more
concerned about the fact that she doesn't seem to have any differences with President Bush and would continue the same policies."

(Writing by David Wiessler; Editing by Doina Chiacu)

Politics and Palin lure viewers to "SNL"
By Paul J. Gough Mon Oct 6, 6:30 AM PDT
The politics-fueled ratings train of "Saturday Night Live" keeps rolling along this election season with Tina Fey's impersonations of
Republican vice presidential nominee Sarah Palin luring viewers.
"SNL" averaged a 7.4 household rating/18 share in the metered market overnights, Nielsen Media Research said on Sunday afternoon.
That's within a tenth of a rating point of its September 13 premiere, which itself was the highest-rated show since December 14, 2002,
when Al Gore and Phish appeared.
"SNL" is up 49 percent in the metered markets compared with the first four weeks of last season, as well as up 42 percent this past
Saturday compared to episode No. 4 last season.
As expected, Saturday's show was heavy on the politics, spoofing the recent debate between Republican vice presidential candidate
Sarah Palin and Democrat Joe Biden.
For the third time this season, Tina Fey portrayed Palin. Cast member Jason Sudeikis was Biden, and surprise guest Queen Latifah sat
in as moderator Gwen Ifill.
Once again, Fey showed that she has cornered the market on Palin impersonations, and her insistence that the GOP ticket would be all
"mavericky" gained wide traction on the Web where it could be seen in numerous video postings.
Another funny moment that seemed to strike a chord with audiences was Fey (as Palin) thanking "third graders of Gladys Wood
Elementary, who were so helpful to me in my debate prep."
While the rest of the late-night shows have struggled to find their footing following the 2007/2008 writers strike, "SNL" has been on a roll
ever since it took on Barack Obama, Hillary Clinton and others at the end of last season.
The show's success with political satire only got bigger and better in September, when "SNL" opened early with a special appearance
by Fey as Palin.
"Clearly, 'Saturday Night Live' and Tina Fey's spot-on creation of Sarah Palin is now a part of this election season," said ABC News
political director David Chalian. "It does show a frame through which a lot of people see these candidates."
Ifill, who drew controversy before the debate with reports she was writing a book about the rise of African American politicians including
Barack Obama, did not escape the satire.
Twice Latifah mentioned the book and the publication date, once Inauguration Day and the other Election Day, and said that it was
available for preorder.
Also on the firing line were Biden and Scranton, Pa., the beleaguered northeastern Pennslyvania city that has been invoked by Biden
(who grew up there).
"They did equal-opportunity bashing," said CNN political analyst Gloria Borger, noting that it wasn't just Palin who was the target of
humor on "SNL."
Reuters/Hollywood Reporter.
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