Both tickets zeroed in on the news from Wall Street today and tried to own the issue that voters say is the most important on their minds this election year. John McCain released an ad today that stated the "economy is in crisis" and then started off the day by saying in Jacksonville FL that "the fundamentals of our economy are strong."
Barack Obama's campaign seized on what it considered a notable contradiction and the Democratic nominee asked in Grand Junction, CO: "Senator McCain, what economy are you talking about?!..." per ABC News' Jake Tapper, Sunlen Miller and Andy Fies. "What's more fundamental than knowing your life's savings is secure? What's more fundamental than knowing you'll have a roof over your head at the end of the day?"
McCain did not back down from his Florida assessment but reworked his remarks a bit at a later event, ABC News' Ron Claiborne and Bret Hovell report. "But those fundamentals are being threatened today because of greed and corruption that some indulged in on Wall Street ... Those fundamentals are threatened because some on Wall Street treated Wall Street like a casino," McCain said.
Democratic vice presidential candidate Joe Biden got in on the action in Michigan, part of his re-introduction as the ticket's attack dog, and said McCain was "divorced" from the economic realities facing the country, ABC News' Matt Jaffe reports
"Ladies and gentlemen, I believe that's why John McCain could say with a straight face as recently as this morning and this is a quote, 'the fundamentals of the economy are strong.' That's what John said. He says that 'We've made great progress economically in the Bush years,'" Biden said as he warmed up to a familiar refrain. "Ladies and gentlemen, ladies and gentlemen, I could walk from here to Lansing, and I wouldn't run into a single person who thought our economy was doing well, unless I ran into John McCain."
ABC News' David Wright, Alyssa Litoff, and Imtiyaz Delawala report that Sarah Palin deviated briefly from her standard stump speech to acknowledge the news from Wall Street today, the first time she has mentioned Wall Street in her stump speech.
The economy will surely dominate the campaign trail tomorrow as the fallout on Wall Street continues. After a brief separation, John McCain and Sarah Palin team up on the campaign trail again Tuesday with a rally in Vienna OH. ABC News' Bret Hovell reports that in his first solo rally since the Palin pick, McCain drew only about 3,500 people to a hockey arena with a capacity of 15,000 in Jacksonville today. "
The McCain campaign clearly anticipated a bigger turnout (although probably not a full 15,000). In the first seat of many of the empty rows were "home-made" signs for McCain – pieces of white cardboard emblazoned in colorful marker with pro-McCain sentiments," Hovell reports. About 5,000 attended Palin's rally in Golden CO, per ABC News' Imtiyaz Delawala.
On Tuesday it's Barack Obama's turn to appeal to voters in Golden. Later the Democratic nominee travels to Los Angeles for a fundraiser with Barbra Streisand.
Tivo Alert! The train rolls on…
Good Morning America's Whistle-stop 08 tour continues Tuesday with an exclusive interview with Hillary Clinton, her first network interview since Palin joined the Republican ticket.
Clinton hopped on board the train sat down with GMA's Diane Sawyer and addressed Palin's comment last week to ABC News' Charles Gibson that Obama was regretting not picking Clinton.
Per ABC News' Rick Klein, Clinton said that she has full confidence in Joe Biden and praised his knowledge of the economy and foreign affairs.
"We have a great Democratic vice-presidential candidate," Clinton told ABC's Diane Sawyer. "Joe Biden is a friend of mine. He's been a strong leader both on issues here at home when it comes to the economy and stresses on middle class working families, and he understands the strategic challenges that we face around the world. So I'm very happy going out campaigning as hard as I can for both Barack and Joe."
Palin will sit down for an interview with Fox News' Sean Hannity that will begin airing on Tuesday night.
On the campaign front. . .
JOHN McCAIN -- 12:00 pm ET: Holds a rally in Tampa, FL -- 4:10 pm ET: Holds a rally in Vienna, OH
SARAH PALIN -- 4:10 pm ET: Holds a rally in Vienna, OH
As for the Democrats…
BARACK OBAMA -- 11:30 am ET: Holds a rally in Golden, CO.
JOE BIDEN -- 5:30 pm ET: Holds a town hall, Media, PA
POLITICAL NEWS STORIES ON ABCNEWS.COM
ABC News' Jonathan Karl: Gates Calls Petraeus the 'Hero of the Hour' LINK
ABC News' Mark Mooney: Economic Crises Challenge Candidates LINK
ABC News' Rick Klein: Hillary Clinton on Financial Crisis: 'Everybody Should be Concerned' LINK
ABC News' Mark Mooney: Obama's Exclusive Interview With 'GMA' LINK
ABC News' Rick Klein: Heating Battle Heats up in Northeast LINK
ABC News' Matthew Dowd: Two Conventions Down LINK
ABC News' Luchina Fisher: Will the Real Sarah Palin Please Stand Up? LINK
ABC News' George Stephanopoulos: Obama campaign raised $66 million in August LINK
ABC News' Matthew Jaffe Reports: Biden Dubs McCain 'Bush 44' LINK
ABC News' David Wright: Gov. Palin on Wall Street LINK
ABC News' Jake Tapper: Obama Sets Fundraising Record in August, Thanks to Palin LINK
ABC News' Jake Tapper: No One in the Paint, Obama has the Ball LINK
ABC News' Lee Ferran: Hillary on Board, Palin in Mind LINK
ABC News' Rick Klein: In Massachusetts, Economy Hits Home LINK
ABC News' Lee Ferran: Norman Rockwell Would Have Been Proud LINK
ABC News' Lee Ferran: Back to the Golden Age of Politics LINK
ABC News: 'GMA' Announces Major Political Interviews This Week LINK
POLITICAL VIDEO ON ABCNEWS.COM
McCain: Fundamentals of Economy Are Strong
Sen. McCain says the economy is in crisis, but its fundamentals remain strong. LINK
Palin Concerned About Financial Crisis
Palin: "We're going to reform the way Wall Street does business." LINK
Republicans Hit Battleground States
John McCain and Sarah Palin campaign separately in battleground states. LINK
'View': We Were Fair to the McCain's
The ladies defend their questioning of John and Cindy McCain last Friday. LINK
Bush Confident in Economy's Resilience
ABC special report on the crisis in the financial markets and Bush's response. LINK
The Next Kennedy's
A look at the latest generation of political royalty. LINK
Former Fed Chair Alan Greenspan gives his take on the weakening economy. LINK
Carly Fiorina and Sen. Claire McCaskill debate the presidential nominees. LINK
The Roundtable: The Female Vote
George Will, Claire Shipman, Jay Carney, and Paul Begala. LINK
The Green Room: Banking Bailout?
Backstage with George Will, Claire Shipman, Jay Carney, and Paul Begala. LINK
Palin Campaigns Alone
VP candidate is on the trail without McCain, but sticking to the same script. LINK
Obama Trying to Change the Focus
How will the Democrats take the spotlight from Sarah Palin? LINK
Sarah Palin's Faith
A look at the VP candidate's Assemblies of God church in Alaska. LINK
Tales From the Train
Here's the first day on the Whistle-Stop Tour. LINK
Obama vs. Palin
The Democratic candidate discusses Sarah Palin and her policies. LINK
The senator explains his campaign choices. LINK
What the Voters Think
50 days remain before Americans cast their votes for the next U.S. president LINK