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McCain Suspends Campaign to Help With Bailout
FoxNews ^ | 9/24/08 | Sharon Kehnemui Liss, FOXNews.com

Posted on 09/24/2008 11:52:13 AM PDT by Qwackertoo

Edited on 09/24/2008 12:11:21 PM PDT by Admin Moderator. [history]

John McCain announced that he will suspend his presidential campaign on Thursday to return to Washington to help with bailout negotiations. He urged his opponent Barack Obama to do the same.

The Arizona senator also asked the Presidential Debate Commission to postpone Friday’s scheduled debate with Obama so that he can work on the financial crisis bailout plan now on Capitol Hill.

“America this week faces an historic crisis in our financial system. We must pass legislation to address this crisis. If we do not, credit will dry up, with devastating consequences for our economy. People will no longer be able to buy homes and their life savings will be at stake. Businesses will not have enough money to pay their employees. If we do not act, ever corner of our country will be impacted. We cannot allow this to happen,” McCain said.

Excerpt


TOPICS: Breaking News; Politics/Elections
KEYWORDS: 110th; 2008; ayres; bailout; bho; communityorganizer; congress; countryfirst; democrooks; election2008; electionpresident; faniemae; fanniemae; financialcrisis; freddiemac; hussein; mccain; mccainpalin; mortgage; obama; present; rats; rezko; rino; speculators; wallstreet
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To: r9etb

“So you can’t answer.... As expected. Rather Obambastic of you....”

Lol, can’t answer what precisely?


1,401 posted on 09/24/2008 3:13:41 PM PDT by Will88
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To: LibLieSlayer

CLUELESSNESS You Can Believe In!

PHONING IT IN You Can Believe In!


1,402 posted on 09/24/2008 3:13:53 PM PDT by tcrlaf (SARAH PALIN-The American Everywoman (Yes, You Really CAN!))
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To: Frank_Discussion

I agree, people who actually see the truth all see Obama as a pompous ass and a typical demorat Chicago thug....


1,403 posted on 09/24/2008 3:15:03 PM PDT by pctech
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To: steve-b
"What are you going to do if you're elected and things get tough? Suspend being president?

Letterman should realize that Obama has suspended being a senator. Not only with things get tough, but always. He likes the title, not the workload.
1,404 posted on 09/24/2008 3:15:20 PM PDT by Unlikely Hero ("Time is a wonderful teacher; unfortunately, it kills all its pupils." --Berlioz)
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To: Salvation

Actually, it was *my* idea first but I didn’t tell anyone else and I defy any of you to disprove that.....:)


1,405 posted on 09/24/2008 3:15:45 PM PDT by Salamander (Stop the destruction of America! McCain/Palin 08!)
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To: potlatch

.

Thanks potlatch

Only new data showing up on FR

Are the archives smoked?


1,406 posted on 09/24/2008 3:16:09 PM PDT by devolve ((((((((((((((((Trust A Cokehead With The Economy?))))))))))))))
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To: Unlikely Hero

Didn’t Obama cancel his appearance on SNL?


1,407 posted on 09/24/2008 3:18:37 PM PDT by kabar (.)
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To: jackv
Hey bambi, the president should be able to more than one thing at a time is right, but you’re NOT president you’re a senator and should go DO THAT!!!!

I wouldn't even give him credit as being a senator. He still hasn't produced a legit birth certificate that proves he's a U.S. citizen yet.

1,408 posted on 09/24/2008 3:19:08 PM PDT by Evil Slayer (Sarah Palin reminds me of the story about David and Goliath)
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To: Unlikely Hero
Letterman should realize that Obama has suspended being a senator

Letterman will look pretty foolish when Obama decides (as he soon will) to reverse his position and suspend his campaign.

I must admit I am starting to get impressed with the McCain campaign.

1,409 posted on 09/24/2008 3:19:08 PM PDT by CharacterCounts (Wanted: Snappy, erudite tag line.)
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To: devolve

[Only new data showing up on FR
Are the archives smoked?]

John said it was all backed up in a post I read??

But after the last changes, threads from way back that I had bookmarked were all gone. The urls were no longer good.


1,410 posted on 09/24/2008 3:20:27 PM PDT by potlatch ("OUR LIVES BEGIN TO END THE DAY WE REMAIN SILENT ABOUT THE THINGS THAT MATTER")
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To: stentorian conservative

Let’s hope that people finally see Obama for who and what he really is. He cares nothing for this country, only the power he and the Rats could grab. And I hope that if people finally wake up and see the Rats for what they truly are that is has a ripple effect that sweeps the GOP back into power.


1,411 posted on 09/24/2008 3:22:48 PM PDT by pctech
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To: kabar
Didn’t Obama cancel his appearance on SNL?

What's Obama gonna do if he's president during crisis moments if he can't handle SNL? CANCEL the presidency?

(psssst....Hey Dave...we know you're in the tank for Urkel - might as well admit it)

1,412 posted on 09/24/2008 3:23:04 PM PDT by voxitar (Maverick/Barracuda 2008!)
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To: kabar
Yes. I heard that McCain has proposed the first debate be in St. Louis next Wed. and the VP debate be moved to Oxford, Ms.

The others can go as scheduled.

1,413 posted on 09/24/2008 3:23:24 PM PDT by Red_Devil 232 (VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
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To: Lexinom

Well said! McCain is not going to be afraid to debate the community organizer not this Friday not ever and why he wanted to have Town Halls so people could ask question. The person afraid is ZERO!


1,414 posted on 09/24/2008 3:23:52 PM PDT by PhiKapMom ( BOOMER SOONER -- VOTE FOR McCAIN/PALIN2008! LetsGetThisRight.com)
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To: flyfree

Wall Street is burning. Republican John McCain to Democrat Barack Obama, hey let’s put down our fiddles and try to put out the fire. Obama, nyah, bad economic news always helps the Democrat.

http://blogs.dailymail.com/donsurber/2008/09/24/daily-scoreboard-104/


1,415 posted on 09/24/2008 3:23:57 PM PDT by flyfree (Biden is no Palin and Obama is no McCain)
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To: pctech

From your lips to God’s ears, my FRiend.


1,416 posted on 09/24/2008 3:24:36 PM PDT by stentorian conservative
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To: roses of sharon

Considering the way McCain’s spokesman laid into the New York Slimes, today, I’m pretty sure that the McCain campaign knows not to expect any honesty or non-partisanship from the MSM, so they just do what they think they need to do, and don’t worry about the media reaction. They made it clear that they know what they’ll get from the MSM.


1,417 posted on 09/24/2008 3:24:54 PM PDT by mrsmel
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To: Red_Devil 232

I think Obama is concerned that he won’t have enough time to bone up for the second debate, which is scheduled for October 7. It is the townhall style debate.


1,418 posted on 09/24/2008 3:25:49 PM PDT by kabar (.)
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To: Kellis91789

“What Paulsen contemplates is really having the government be a “rational” buyer when the nonfunctional market is being irrational.”

I never worked in real estate, but always thought that revaluing assets at market held as much danger of misleading a financial statement user as valuing everything at cost. I think I’d prefer that things be valued at cost, then any material changes be reflected in footnotes. Of course, the requirement to mark to market might have started because of failures to disclose significant changes in values in footnotes.

Do you know how long the mark to market has been required, and is it an annual report requirement, or is it required more frequently?


1,419 posted on 09/24/2008 3:26:12 PM PDT by Will88
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To: Carling

Just my thought when I read that. Apparently he even knows it’s not to be taken for granted that he’ll be needed. They’ll “let him know”, LOL.


1,420 posted on 09/24/2008 3:27:07 PM PDT by mrsmel
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