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Obama, McCain urge bailout deal to avoid catastrophe
al Reuters ^ | 9/24/2008

Posted on 09/24/2008 6:25:30 PM PDT by markomalley

CLEARWATER, Florida (Reuters) - John McCain and Barack Obama issued a joint statement on Wednesday urging lawmakers to cooperate and reach a U.S. economic bailout agreement to avoid "economic catastrophe".

In a three-paragraph statement issued by McCain, the Republican candidate for president and his Democratic rival Obama, the two said it was time for both parties to come together for the sake of the American people.

"This is a time to rise above politics for the good of the country," it said. "We cannot risk an economic catastrophe. Now is our chance to come together to prove that Washington is once again capable of leading this country."

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Government; Politics/Elections
KEYWORDS: bailout; mccainpalin; obamabiden

1 posted on 09/24/2008 6:25:31 PM PDT by markomalley
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To: markomalley
I'm an ideological purist. If it means a government takeover of our economy, NO THANKS! Government intervention should be a last resort and then only after every other means has been exhausted.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

2 posted on 09/24/2008 6:28:06 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: markomalley

Damn, they are both Socialists.


3 posted on 09/24/2008 6:29:08 PM PDT by trumandogz (The Democrats are driving us to Socialism at 100 MPH -The GOP is driving us to Socialism at 97.5 MPH)
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To: markomalley

Let’s see what they propose.


4 posted on 09/24/2008 6:29:08 PM PDT by Maelstorm (This country was not founded with the battle cry "Give me liberty or give me a government check!")
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To: markomalley

McCain went on a limb to do this, but in the end I think he’s taking the higher ground...


5 posted on 09/24/2008 6:31:40 PM PDT by nikos1121 (Obama-Biden Where's the beef?)
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To: markomalley

I think Mac had the instinct that something is wrong. He suspends his campaign and asks the other guy to do it too. He says no...Bush basically saves him....and Obama joins...


6 posted on 09/24/2008 6:34:12 PM PDT by nikos1121 (Obama-Biden Where's the beef?)
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To: markomalley

“This is a time to rise above politics”

It’s completely political, gazillionaires in finance v. the People.

Obama, I understand, he’s in the pocket of Soros and Goldman Sachs.


7 posted on 09/24/2008 6:52:04 PM PDT by Shermy
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To: goldstategop

I can’t see any other solution. If we cut taxes, we’ll still have all this crap clogging up the system.


8 posted on 09/24/2008 6:57:05 PM PDT by ari-freedom (We never hide from history. We make history!)
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To: ari-freedom

WHAT aren’t they telling us?

There’s got to be more to the story than we are getting!!


9 posted on 09/24/2008 7:22:28 PM PDT by conservativesister
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To: trumandogz
Both Socialists?

And this is new "news"? < grinning >

10 posted on 09/24/2008 8:32:38 PM PDT by ImpBill ("America ... where are you now?")
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