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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: Zeddicus

Yes he should!

LLS


1,521 posted on 09/24/2008 5:12:52 PM PDT by LibLieSlayer (GOD, Country, Family... except when it comes to dims!)
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To: xsmommy

“the most APOLITICAL people in the universe are on tenterhooks about the financial situation.”

I doubt that’s the case this week for the adult population as a whole. Many people have still heard little about the financial crisis, or they pay little attention to details until something actually happens. I know some people who’re furious and some who consider it typical politicians’ rhetoric, and some who’ve given it little thought. It’ll spread to more people each day, and depending on what happens, more and more people will form some opinion in the coming days.


1,522 posted on 09/24/2008 5:13:19 PM PDT by Will88
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To: over3Owithabrain
I think you’re right. Impulse reaction on this is hugely pro-Obama. Then again, Mccain had to do SOMETHING. This economy news is killing him in the polls.

Many of the people in this thread have lost sight of this - whatever McCain does, the GOP base and even most Conservatives, will still vote for him - we have made our peace with him being the candidate (and we sure as hell don't want Obama).

Given how close 2000 and 2004 elections were, the undecideds become even more important, and given that many undecideds are turned off by President Bush (and Obama plays upon that with the "four more years" crap), McCain needs a Karl Rove more than ever - somebody who understands how to attract those people.
1,523 posted on 09/24/2008 5:14:02 PM PDT by af_vet_rr
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To: revolutionist

The situation is best served by both candidates being there. Senators not only vote, they engage in negotiation sessions behind close doors. If they are both there and sign on to any agreement no party can hang it around the other.


1,524 posted on 09/24/2008 5:15:28 PM PDT by Don'tMessWithTexas
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To: A Boy Made Of Win
He's a master debater, no doubt about that.

And without a teleprompter, he wouldn't be a cunning linguist.

1,525 posted on 09/24/2008 5:16:26 PM PDT by wvguy (Montani semper liberi)
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To: Don'tMessWithTexas
I heard (minutes ago) from a DC source that should know... that reid also called barry and told him NOT to come to DC... that if he were there and a bipartisan agreement was reached... they would lose the attack initiative as a campaign tactic. I HATE THESE PEOPLE!!!!!

LLS

1,526 posted on 09/24/2008 5:18:28 PM PDT by LibLieSlayer (GOD, Country, Family... except when it comes to dims!)
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To: steve-b

CNN, huh? (snicker)


1,527 posted on 09/24/2008 5:18:47 PM PDT by beckysueb (Drill here! Drill now!)
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To: af_vet_rr

I just took a poll in my home...what’s more important the economy or a stupid debate on foreign affairs. 99% for economy and 1% debate..... when polled 99% for and 1% against. 1% is my pet rock!


1,528 posted on 09/24/2008 5:19:52 PM PDT by RoseofTexas
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To: LibLieSlayer

Yeah, Obama left a message with someone in the McCain campaign, but they saw through what he was trying to do. McCain had no intention of following Obama and Reid.

Again, Obama underestimated McCain. The WSJ says that Obama has no choice but to follow McCain, back to DC.


1,529 posted on 09/24/2008 5:19:53 PM PDT by Eva (CHANGE- the post modern euphemism for Marxist revolution.)
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To: af_vet_rr
The undecideds, the moderates, and the independents are going to ask themselves why it looks like McCain pulled a fire alarm to get out of a debate.

That's certainly debatable. McCain is doing the right thing on this. What the voters perceive is TBD.

1,530 posted on 09/24/2008 5:20:21 PM PDT by FreeReign
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To: Eva

I agree Eva... this is all going to backfire on the dims and the media... and it already has started.

LLS


1,531 posted on 09/24/2008 5:21:13 PM PDT by LibLieSlayer (GOD, Country, Family... except when it comes to dims!)
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To: Will88; xsmommy

I think xsmommy is right, most people are gravely concerned about the economy right now. My 26 year old daughter has two banks she deals with- a biggie and a small hometown bank and she called me last week to ask me which bank I thought was safer for most of her money to be. Last night I was in a college computer lab where the freshman were supposed to be working on a reading assignment, this is a remedial reading class and all they could talk about was whether or not we are going into a major depression like the 1930s.


1,532 posted on 09/24/2008 5:23:59 PM PDT by Tammy8 (Please Support and pray for our Troops, as they serve us every day.)
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To: rzn_republicans
Warren Buffet also said that if he had the ability to borrow 700 bil, he would do exactly what the government is trying to do. It could be a good investment. Not all of these loans will default. There could be a return on this 700 bil investment. A bailout isn’t really the proper terminology. Using the word bailout instead of say investment, tends to lead people to panic.

Are you for real? It's one thing to say we need to act to eliminate a meltdown but it is antithetical to conservative thought to throw around words like "investment". If the very structural deficiencies that brought this crisis on (90% Dem created) are not dealt with in the final bill (how about if you cannot afford the first month's mortgage then, uhh, no mortgage?) because some need to maintain a debate schedule that can be rescheduled whiel a amazingle far-reaching bill is or is not passed then there is no reasoning left in this country.

1,533 posted on 09/24/2008 5:25:36 PM PDT by torchthemummy (Preserve Youtube Clips Before They Disappear - www.keepvid.com)
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To: Don'tMessWithTexas
There is talk of Lieberman bolting to the GOP

If Lieberman jumps to the GOP tonight, McCain will be the majority leader in the morning. That would mean the Republicans control the Senate and Reid is history. It would also mean if there were a 50/50 split on the vote, then Cheney would become the tie breaker. How about this one. If they all voted "present" then they would not be committed on record as voting yae or nay and off the hook. Again, wouldn't Cheney have to vote to kill or pass the bill? Talk about a situation.

1,534 posted on 09/24/2008 5:26:29 PM PDT by Evil Slayer (Sarah Palin reminds me of the story about David and Goliath)
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To: tcrlaf

He spent all of his 143 days in the senate working on his presidential campaign.

I WANT A REFUND!!!!!!!!!!!!


1,535 posted on 09/24/2008 5:27:16 PM PDT by Brytani (Abortion does not make you a real woman - it makes you a murderer)
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To: Qwackertoo

Dick Morris was just on BOR and said it was a brilliant move by McCain. He said McCain will look like the knight on a white horse after he gets to D.C., gets the Repubs to go along with a plan, hold a press conference Friday afternoon setting out all that’s taking place and then announce that because everything’s under control he’ll be at the debate afterall, then he can show up at the debate and take credit for “saving the country.” I know Morris can be a little nutty, but I hope he’s right on this one. He also agrees that Obama’s “call me if you need me” line was a total bungle, but I think everybody on the planet knew that the minute they heard it.


1,536 posted on 09/24/2008 5:28:10 PM PDT by Proudcongal (POW/WOW '08)
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To: mplsconservative

“No doubt Rove advised this. The McCain momentum is slipping and this is a calculated “time out.”

That is no doubt, one of the most ludicrous statements I’ve seen on FR in a long time. In fact it would fit in quite well with the mentality of a Democratic Underground poster.
Are you sure you didn’t take an internet wrong turn somewhere?”

Not more then 5 minutes ago Dick Morris said on O’Reilly that Rove probably orchestrated this whole thing referring to McCain suspending the campaign and heading to Washington.


1,537 posted on 09/24/2008 5:28:55 PM PDT by rushed
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To: Will88

AS BETWEEN THE TWO, debate and financial situation, i assure you the rank and file are MORE interested in the financial crisis. I’m an attorney, granted my colleagues are more interested in the financial situation than say, the support staff, but the debate? no one, save hard core political junkies are interested in the debate. If i overstated the interest in the financial situation, fine, that’s my experience, but no way the rank and file are interested in this debate, which was your contention.


1,538 posted on 09/24/2008 5:32:04 PM PDT by xsmommy
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To: rushed

WSJ saying President Bush invited McCain, Obama and congressional leaders to the White House on Thursday for talks about the financial bailout

Hmmmm.


1,539 posted on 09/24/2008 5:32:22 PM PDT by BurbankKarl
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To: Tammy8

People who have never before spoken to me about the economic situation or finances, have been talking about it and expressing concern this week. NOT A SOUL has said, gee, who ya think is gonna win the debate! LOL!


1,540 posted on 09/24/2008 5:34:15 PM PDT by xsmommy
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