Let me begin with something General Eisenhower said in his 1952 presidential campaign. Quote, "We must achieve both security and solvency. In fact, the foundation of military strength is economic strength," end quote.
Gentlemen, at this very moment tonight, where do you stand on the financial recovery plan?
先生们,在今晚这个特别的时刻,你们在金融拯救计划中站在哪里?
First response to you, Senator Obama. You have two minutes.
第一个回答问题的是你,议员奥巴马。你有两分钟时间。
OBAMA: Well, thank you very much, Jim, and thanks to the commission and the University of Mississippi, Ole Miss, for hosting us tonight. I can't think of a more important time for us to talk about the future of the country.
You know, we are at a defining moment in our history. Our nation is involved in two wars, and we are going through the worst financial crisis since the Great Depression.
And although we've heard a lot about Wall Street, those of you on Main Street I think have been struggling for a while, and you recognize that this could have an impact on all sectors of the economy.
And you're wondering, how's it going to affect me? How's it going to affect my job? How's it going to affect my house? How's it going to affect my retirement savings or my ability to send my children to college?
So we have to move swiftly, and we have to move wisely. And I've put forward a series of proposals that make sure that we protect taxpayers as we engage in this important rescue effort.
Number one, we've got to make sure that we've got oversight over this whole process; $700 billion, potentially, is a lot of money.
首先,我们必须确保整个过程有仔细的监督。可能(被国会通过)的7000亿美元是一笔相当大的数额。
Number two, we've got to make sure that taxpayers, when they are putting their money at risk, have the possibility of getting that money back and gains, if the market -- and when the market returns.
And, number four, we've got to make sure that we're helping homeowners, because the root problem here has to do with the foreclosures that are taking place all across the country.
Now, we also have to recognize that this is a final verdict on eight years of failed economic policies promoted by George Bush, supported by Senator McCain, a theory that basically says that we can shred regulations and consumer protections and give more and more to the most, and somehow prosperity will trickle down.
It hasn't worked. And I think that the fundamentals of the economy have to be measured by whether or not the middle class is getting a fair shake. That's why I'm running for president, and that's what I hope we're going to be talking about tonight.
MCCAIN: Well, thank you, Jim. And thanks to everybody.
麦凯恩:好的,谢谢你,吉姆。谢谢所有人。
And I do have a sad note tonight. Senator Kennedy is in the hospital. He's a dear and beloved friend to all of us. Our thoughts and prayers go out to the lion of the Senate.
I also want to thank the University of Mississippi for hosting us tonight.
我也要感谢今晚容纳我们的密西西比大学。
And, Jim, I -- I've been not feeling too great about a lot of things lately. So have a lot of Americans who are facing challenges. But I'm feeling a little better tonight, and I'll tell you why.
Because as we're here tonight in this debate, we are seeing, for the first time in a long time, Republicans and Democrats together, sitting down, trying to work out a solution to this fiscal crisis that we're in.
And have no doubt about the magnitude of this crisis. And we're not talking about failure of institutions on Wall Street. We're talking about failures on Main Street, and people who will lose their jobs, and their credits, and their homes, if we don't fix the greatest fiscal crisis, probably in -- certainly in our time, and I've been around a little while.
This package has transparency in it. It has to have accountability and oversight. It has to have options for loans to failing businesses, rather than the government taking over those loans. We have to -- it has to have a package with a number of other essential elements to it.
And, yes, I went back to Washington, and I met with my Republicans in the House of Representatives. And they weren't part of the negotiations, and I understand that. And it was the House Republicans that decided that they would be part of the solution to this problem.
But I want to emphasize one point to all Americans tonight. This isn't the beginning of the end of this crisis. This is the end of the beginning, if we come out with a package that will keep these institutions stable.
LEHRER: All right, let's go back to my question. How do you all stand on the recovery plan? And talk to each other about it. We've got five minutes. We can negotiate a deal right here.
OBAMA: We haven't seen the language yet. And I do think that there's constructive work being done out there. So, for the viewers who are watching, I am optimistic about the capacity of us to come together with a plan.
The question, I think, that we have to ask ourselves is, how did we get into this situation in the first place?
问题是,我在想,我们应该问问我们自己的是,我们是如何首次进入这种状况的?
Two years ago, I warned that, because of the subprime lending mess, because of the lax regulation, that we were potentially going to have a problem and tried to stop some of the abuses in mortgages that were taking place at the time.
Last year, I wrote to the secretary of the Treasury to make sure that he understood the magnitude of this problem and to call on him to bring all the stakeholders together to try to deal with it.
去年,我写信给财政部长,以确信他意识到这个问题的严重性。我呼吁他召集投资人设法解决这个问题。
So -- so the question, I think, that we've got to ask ourselves is, yes, we've got to solve this problem short term. And we are going to have to intervene; there's no doubt about that.
所以,这个我们询问自己的问题,我认为,我们应该在短期内解决金融问题。我们需要干涉了,不容怀疑。
But we're also going to have to look at, how is it that we shredded so many regulations? We did not set up a 21st-century regulatory framework to deal with these problems. And that in part has to do with an economic philosophy that says that regulation is always bad.
LEHRER: Are you going to vote for the plan, Senator McCain?
主持人:你会支持(金融拯救)计划吗,麦凯恩议员?
MCCAIN: I -- I hope so. And I...
麦凯恩:我——我希望是,而且我……
LEHRER: As a United States senator...
主持人:作为一位美国的议员……
MCCAIN: Sure.
麦凯恩:当然。
LEHRER: ... you're going to vote for the plan?
主持人:……你是说你会投票支持这个计划?
MCCAIN: Sure. But -- but let me -- let me point out, I also warned about Fannie Mae and Freddie Mac and warned about corporate greed and excess, and CEO pay, and all that. A lot of us saw this train wreck coming.
(注:Fannie Mae = Federal National Mortgage Association, Freddie Mac = Federal Home Loan Mortgage Corporation)
But there's also the issue of responsibility. You've mentioned President Dwight David Eisenhower. President Eisenhower, on the night before the Normandy invasion, went into his room, and he wrote out two letters.
One of them was a letter congratulating the great members of the military and allies that had conducted and succeeded in the greatest invasion in history, still to this day, and forever.
其中一封信是庆祝部队和盟军中的杰出成员成功地完成了历史上最伟大的一次进攻,到现在,直到永远。
And he wrote out another letter, and that was a letter of resignation from the United States Army for the failure of the landings at Normandy.
他还写了另一封信。那是一封向美国军方的辞职信。辞职的理由是诺曼底登陆的失败。
Somehow we've lost that accountability. I've been heavily criticized because I called for the resignation of the chairman of the Securities and Exchange Commission. We've got to start also holding people accountable, and we've got to reward people who succeed.
But somehow in Washington today -- and I'm afraid on Wall Street -- greed is rewarded, excess is rewarded, and corruption -- or certainly failure to carry out our responsibility is rewarded.
As president of the United States, people are going to be held accountable in my administration. And I promise you that that will happen.
(如果)我是美国总统,在我的管理下,人们将(为自己的工作)负责。我向你们保证那将实现。
LEHRER: Do you have something directly to say, Senator Obama, to Senator McCain about what he just said?
主持人:你有没有一些对麦凯恩议员刚才所说的话直接要说的,奥巴马议员?
OBAMA: Well, I think Senator McCain's absolutely right that we need more responsibility, but we need it not just when there's a crisis. I mean, we've had years in which the reigning economic ideology has been what's good for Wall Street, but not what's good for Main Street.
And there are folks out there who've been struggling before this crisis took place. And that's why it's so important, as we solve this short-term problem, that we look at some of the underlying issues that have led to wages and incomes for ordinary Americans to go down, the -- a health care system that is broken, energy policies that are not working, because, you know, 10 days ago, John said that the fundamentals of the economy are sound.
OBAMA: Well, the -- John, 10 days ago, you said that thefundamentals of the economy are sound. And...
奥巴马:好的,约翰,10天前,你还在说经济的根本还是健康的,而……
MCCAIN: Are you afraid I couldn't hear him?
麦凯恩:(笑对主持人)你担心我听不到他说话吗?
(LAUGHTER)(笑声)
LEHRER: I'm just determined to get you all to talk to eachother. I'm going to try.
主持人:我只是想要让你们俩互相交流。我想试试(笑)。
OBAMA: The -- and I just fundamentally disagree. And unless we are holding ourselves accountable day in, day out, not just when there's a crisis for folks who have power and influence and can hire lobbyists, but for the nurse, the teacher, the police officer, who, frankly, at the end of each month, they've got a little financial crisis going on.
They're having to take out extra debt just to make their mortgage payments. We haven't been paying attention to them. And if you look at our tax policies, it's a classic example.
LEHRER: So, Senator McCain, do you agree with what Senator Obama just said? And, if you don't, tell him what you disagree with.
主持人:那么,麦凯恩议员,你同意奥巴马议员刚才所说的吗?如果你不同意,告诉他你不同意什么。
MCCAIN: No, I -- look, we've got to fix the system. We've got fundamental problems in the system. And Main Street is paying a penalty for the excesses and greed in Washington, D.C., and in the Wall Street.
So there's no doubt that we have a long way to go. And, obviously, stricter interpretation and consolidation of the various regulatory agencies that weren't doing their job, that has brought on this crisis.
But I have a fundamental belief in the goodness and strength of the American worker. And the American worker is the most productive, the most innovative. America is still the greatest producer, exporter and importer.
But we've got to get through these times, but I have a fundamental belief in the United States of America. And I still believe, under the right leadership, our best days are ahead of us.