Jack Cafferty

Jack Cafferty

A CNN commentator and a host of the weekend financial show In The Money. In the summer of 2005, Cafferty joined The Situation Room, CNN's weekday afternoon newscast.
 
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Permanent Tag: Television Rating: Good Hits: 41 Comments: 2 Was Iraq about Oil All along? Was Iraq about Oil All along? From the Cafferty File: When it comes to the real reason for the Iraq war, we've pretty much heard it all: First it was WMD, then it was about the war on terror and removing Saddam Hussein, then it was about spreading democracy. But it was never about the oil. Now, as Bill Moyers reported on PBS: "...one by one, these concocted rationales went up in smoke, fire and ashes. And now the bottom line turns out to be ... the bottom line. It is about oil." More than 5 years after the start of the war, the U.S. has lost more than 4,100 troops, tens of thousands more are wounded for life, hundreds of thousands of Iraqis are dead, millions more are displaced, and the U-S taxpayer is stuck with a bill that could top trillions of dollars. And, what about the oil? Well, it hit a new record high today of more than $143 a barrel. Gas prices are up almost 38% from a year ago. The New York Times reports that the Bush administration played a key role in drawing up no-bid contracts between the Iraqi government and five major Western oil companies to develop some of the largest fields in Iraq. Critics accuse the administration of making sure Western companies get this access in the country that holds the third-largest oil reserves in the world. For example, Russian companies with experience in Iraq were hoping for contracts, but they're still waiting. The White House denies steering the Iraqis toward any decisions. A State Department official says its advice was "not binding." Here's my question to you: Do you believe the Iraq war was about oil all along? Jul 4, 2008 7:01 PM

Headline Tag: Television Rating: Good Hits: 271 Comments: 3 How Clear is It Where McCain Stands on Issues How Clear is It Where McCain Stands on Issues From the Cafferty File, here's Jack's question: If John McCain doesn't stop changing his position on the issues, he threatens to make John Kerry look like an amateur. In order for McCain to win in November, he has to appeal to both the traditional Republican base and to independents. Dana Milbank in the Washington Post says it's a delicate dance, and if McCain's not careful "he's liable to break a hip." Of course any doctor will tell you a broken hip can be very difficult to recover from. On Iraq, the economy, guns and God, McCain is to the right. On immigration, campaign finance reform and global warming, he's to the left. It's all very reminiscent of John Kerry back in 2004. McCain went after Barack Obama yesterday, for proposing a windfall profits tax on oil companies. A month ago McCain said he was willing to consider a windfall tax on the oil companies. What about offshore drilling? During his last presidential run, McCain was against it. Now he's for it, saying the states should decide if they want to drill for oil off the coast. This could cost him big time in states like California and Florida which are extremely environmentally conscious. Then there are the Bush tax cuts. McCain was against them -- twice -- but now he's for them. McCain has also called for the U.S. detention center at Guantanamo Bay to be closed down and torture banned. But last week he criticized the Supreme Court's ruling that detainees there should have access to U.S. courts -- calling it "one of the worst decisions in the history of this country." Here's my question to you: How clear is it where John McCain stands on the issues? Jun 19, 2008 4:17 PM



Headline Tag: Television Rating: Amazing Hits: 173 Comments: 0 Cafferty: Bush an Asset or Liability to McCain? Cafferty: Bush an Asset or Liability to McCain? John McCain has a dilemma of presidential proportions, and that is: how exactly should he use President Bush on the campaign trail? The president, whose popularity ratings are at record lows, will appear on behalf of McCain this week for the first time since formally endorsing him almost three months ago. Mr. Bush will attend 3 fundraisers over the next 2 days. The fundraisers will all be in private homes and there will be no press allowed. McCain is expected to join the president tonight in Phoenix. The event was originally scheduled to be held in the Phoenix Convention Center. The Phoenix Business Journal reported that poor ticket sales and fear of anti-war protesters prompted the switch to a much smaller private home. It's clear that McCain is walking a fine line using President Bush to raise money without alienating too many Democrats and Independents. For example, the only on-camera appearance of President Bush and Senator McCain together is set to happen at the Phoenix airport sometime after 9 o'clock tonight -- long after the network newscasts. McCain has gone out of his way in recent weeks to separate himself from President Bush on Hurricane Katrina, the Bush administration's arrogant foreign policy, and President Bush's out-of-control spending. But on other issues -- like tax cuts, health care, and the war in Iraq -- the two men are joined at the hip. Here's my question to you: Will President Bush be a bigger asset or liability to John McCain's campaign? User: TheNextDylan May 28, 2008 9:08 AM










 
Tags: Torture, Michelle Obama, Jack Cafferty, Wolf Blitzer, Rudolph Giuliani, Ron Paul, CNN, Iraq, Homophobia, John McCain, Barack Obama, George W. Bush, News, Politics, Television, Video Clips

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