McCain Unsure about Fiorina's Golden Parachute

MEREDITH VIEIRA: And now to Senator John McCain , who knows how crucial Pennsylvania will be in deciding this election. He is campaigning across the state today. Sunday I sat down with him in Philadelphia. He started by talking about Americas economy in crisis. Last week on "Today," Senator said that he was opposed to a government bailout of insurance giant AIG. Now he appears to have softened his position, so I began by asking him if he now believes in bailouts. JOHN MCCAIN : The role of government is fundamentally, is to help American people when they are into situations that are not of their own making. So, certainly, I believe in regulation. I spoke out two years ago against Fannie and Freddie. I argued against it. I have said corporate greed four years ago, I spoke against specific examples and other examples of corporate greed. VIEIRA: But some people watching this MCCAIN : So Im very clear in my position. VIEIRA: Some people watching you, Senator, over the past week, say he's not very clear. He says one thing. Then the next day he says something else. MCCAIN : Actually, Ive been very clear. The American worker is the best and the fundamentals of our economy, and they have been put into a terrible crisis by the excess and greed in Washingtonand Wall Street, and that's what Ive said consistently. I proposed a plan, I proposed a plan to help our economy, but we've got to have an oversight board. Weve got to have a group of Americans -- Mitt Romney, Warren Buffett ...



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