" Welcome back Tom Finneran EAU while listening to parents forum on AM 680 WRKO. We go right to Rudy Giuliani who's joining us live here on -- forum. Rudy Giuliani thank you so much for joining us. How we had a -- in incredible congressional vote yesterday voting down. The Wall Street package. George Bush made a statement. A moment ago talking about the urgency this. Mr. Giuliani in -- the candidate you're supporting John McCain how often is state company a moment ago can we play that statement --"
" Well as you know they that abstraction -- is out for religious holiday today so. Up to what ever I can do. To make this thing work six have discussions already with the president -- had discussions with my colleagues. I'll continue to do whatever is necessary and I will put my presidential campaign. On on the back burner if necessary and do anything. It's far more important to help the economy this country recover from one of the deepest fiscal crisis is in history but I'll do whatever is necessary that I think. Can be effective and I if we fail the first time. It won't be the first time. But we will go back and we will fix this problem because the effect it has on working families in America which is devastating."
" That's the voice of John McCain let's go right to Rudy Giuliani for his response to yesterday into Canada and into senator John McCain's. Statement."
" Well come idea I agree completely I think that we've got to get this done we gotta get past the reality is. Even though this has been seen as a bailout of Wall Street. That is not really what is what this is very in the rescue plan for our entire economy. And maybe we fail to realize but the capital markets in this country -- this thing they keep. The job slowing the money -- the credit going I mean it's it's. This is like get. It's like getting angry young heart and doing damage to. I thought -- this is that this is that this is the organ that that pumps the blood. It keeps the rest of it going at our switch seats if you if you. If you do things to harm that. In the name of going -- to these people who acted improperly excessively you hurting yourself you're -- coincidentally got a question of separately with got to make sure our economy. Our economy keeps style."
" We've had people like Judd -- conservative Republican senator from New Hampshire as you know as well as -- frank each agreeing on the urgency this in what you just said. Me and I'll call you mister mayor if that's okay as sure as mister may EU also having having led the city of New York for many many years. Very familiar with the the economic impact of all those investment banks many of which have gone south. Give us a little sense from yup prospective -- while the residual effect is going to be on New York City in New York State has always felt that this meltdown."
" New York City in New York State will -- probably you know more than more than most it'll be felt in Massachusetts and an -- into that it's because financial you know yes the financial industry's big part of the economy of Boston and the economy of Massachusetts. Just like it is New York they'll be hit very hard but -- ultimately. The rest of America gets hit by because it's these financial communities that are developing the capital to keep the businesses grow. And they affect small businesses as much a lot of large -- so ultimately it may be immediate impact will be heavier in places like New York and Boston. But very quickly it'll start to hit Iowa and and south decoder. This is that we will we will recognize. That we are unified economy. Which in the political reaction that we don't -- we don't seem to wreck that have been explain properly."
" mr. -- they backed -- little bit to Friday night we had a presidential debate John McCain against Morocco bomber curious it to as the Rudy Giuliani's school look at on that debate."
" Well I sat there watching it you know where it's. -- a lot of people from from the McCain campaign and I and I comment on it right afterwards. I believe which on one of very decisive victory that debate authority. One of the things -- pointed out immediately let how many times Barack Obama -- I agree with Senator McCain. Which I think something like eight times since remember back in the Kennedy Nixon. -- one of the reasons that Nixon was thought to have lost that first debate was not only appearance. But how often he said. I agree with you Saturday kept. And the and all the commented Thomas commentators of the time point showed that one person was on the option to the other -- on decent. And I think throughout that debate Barack Obama was on decent for a simple reason he knows less about world affairs it's foreign policy than John McCain that."
" Below what that the next debates that will focus more on domestic things and in particular the economy almost anticipated my next question mr. may have. The dynamic of Obama trying to settle John McCain with Bush's reputation Bush's legacy Bush's economics. How does John McCain possibly -- away from this mess that we've seen just falling down around us over these last several weeks."
" Because John McCain -- whole career has been dedicated to something that would have that would help a great deal right now which is to restrain government spending. And Barack Obama -- there has been dedicated to increase government spending. And in fact when they were both asked would they decreased government spending. John McCain. Demonstrated for a slightly to which -- would do that. Stop earmarks. What agency spending and Barack Obama. Actually I disagreed west cutting agency spending and then edit to new programs. That he would spend money."
" I recall specifically is impressive early childhood education win again moments and moments before that he'd been talking about a fiscal mess and a fiscal. Official -- at."
" And the and the reason so that Thomas inspect. Is it stinks or as a very -- wing. Ideology. Going back to that -- with -- and -- he has. He is in favor of very huge government programs. And sometimes during the campaign -- to appear moderate Salem although -- and immediately. Goes on me just start talking you start adding programs that actually thinks -- think just the opposite McCain thinks. Boy this to be very important right now. That is gonna cut back government spending he got to get under control. That is what we have to do it every level of our society and the government -- to lead the way we got to tighten our belts more we can't borrow as much money is -- Big businesses can't do that regular people can do. You know which would just trying to eke out a living I know it's hard to say that but right now. We -- do the best we can to saves. Not to use credit as much as we did -- double we're going to find is if we do that wouldn't be able to ease credit more easily add more responsible way."
" Appreciate all the time be giving us our guest is mayor Rudy Giuliani were talking about John McCain the Obama campaign the debate as well. Sarah -- a big debate coming up Tuesday night against Joe Biden what do you expect from Sarah Palin and and you know what are you picking up -- feeling about the Sarah Palin addition to the ticket."
" I think Serra talent was that was that was it is it wonderful additions -- it -- cheap earnings. -- hold new generation of sport and peeking into the Republican Party I think she spent eight. Superb governor of the most popular of the country one of the most successful country I think she's been treated horribly. In ways that I I don't quite understand what all the anger is about. You know look at that look at Joe Biden. -- makes mistake after mistake it speeches that he gave that he gives it no attention that this. Coupled a couple of days ago he was asked. About the President Bush and John McCain's reaction this crisis -- you know Franklin. -- when the stock market crashed Franklin Roosevelt got on television it's too big speech to the American people. Yes and -- played nine Franklin Roosevelt was not president they want to but he television and in my heart I have no that's tension so that accountability say that that. There'd be you know the New York Times that on the front page demanding. I don't know what that would be the man. They -- the publisher should be taken particular."
" I have to confess a little biased abide but I have also I've made fun."
" I like Joe and Joe eyed spiritual friend but the reality is and I must say that in any way to demean -- I have to point out. That I could make exactly the same mistake -- you could anybody else to."
" That's right we decided -- I've yet we need to Saturday Night Live -- for for a -- on -- just pathetic and light at an old episode. Generosity didn't get reversed its its major news last question but I have estimated that we let you go battleground states anything anything new or exciting breaking out from you work in all those battleground states."
" Well I think that I think you know what -- was going through it a difficult time not just in the McCain campaign and it -- for everybody. At the Obama campaign everyone else does these -- these are. Difficult things it would dealing with we're seeing sort of the end result of that. Dysfunctional. So politics in Washington. And I think I think hopefully it's gonna bring this together on and getting on getting this package done. On Thursday. Getting the economy. Settled on a -- that at least you know. Has some security behind it or the kind of security that it is necessary for the just to the financial institutions but for the people. America and I think it John McCain I believe he's going to win this election because I think people realize they. Mistakes that we have here with Kennedy experienced person Washington would not get. We will we don't need someone who's never run this city government state government government run military organization. Has no real experience. And basically he stayed aloof from this entire crisis John McCain. Has been kissed John McCain has taken the risk. Of getting involved in this. And I think that that shows the difference the title music and meanwhile Barack Obama's states are much away from it. Kind of the -- Just what he's done many many."
" Mr. may have been -- get time want to be respectful of that and continue to will continue to obviously reach out to US this campaign comes to a close and you continue your work on behalf of Senator John McCain our guest has been. The former mayor of New York Rudy Giuliani he's very active on the McCain campaign and we're delighted he was able to give us so much time."