"Homeowners are the innocent bystanders in a drive-by shooting by Wall Street and Washington," Republican presidential candidate John McCain said Wednesday.
"It never should have happened," he said of the mortgage crisis that has shaken financial markets, and it would not have happened if he had been president, he said.
McCain defended his vote in favor of the government's $700 billion plan to prop up the lending industry, despite his insistence that as president he would cut spending.
"Extraordinary circumstances require extraordinary actions," he told Wolf Blitzer in Manchester, New Hampshire. The interview is to air on "The Situation Room" at 6 p.m. ET Wednesday.
McCain said he will consider a second economic stimulus package if he is elected president.
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