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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: Evil Slayer

Is the Lieberman talk coming from anyone who knows something, or is it just wishful thinking/speculation? I’d be amazed if every joined the GOP, although maybe as an “Independent” he can caucus with them, which is basically the arrangement he has with the Democrats. There is the Lowell Weicker precedent in CT of a very liberal Repub. who was well liked by a wide swath of CT voters, so maybe he’s going to follow that course..... he’ll never be popular on FR for anything except his foreign policy views, but it would be great if he could upend the Senate leadership. Still, it takes 60 votes to really push anything through the Senate, so I don’t know that a change in Majority Leader will really settle anything on the sub-prime crisis. Still, it would be fun to watch Harry Reid being castrated..... (figuratively speaking of course!!!).


1,541 posted on 09/24/2008 5:34:50 PM PDT by Enchante (OBAMAGATE: Iraqi Foreign Minister Says Obama Tried to Derail Agreement on Troop Withdrawals!!!)
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To: Tammy8

This is something that is only opinion and can’t be proven one way or the other. But many people don’t even use banks, and many believe they are insured (do you?) up to $100,000. There are simply many people who pay little attention to the news and politics until they are directly affected. There are 300,0000,000 people in the US, but if we added up the total audiences for all the evening news shows, broadcast and cable, we’d scarcely get to 60,000,000.


1,542 posted on 09/24/2008 5:35:27 PM PDT by Will88
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To: rzn_republicans
How does everything go south come Monday? Are you going to pull your mutual funds? Is every American that is invested going to pull out there mutual funds? Panic is what causes ‘everything to go south? The market can sustain great flucutations if people don’t rush the door so to speak? Can’t it?

You are really beyond belief. Reality being reality, the perception of reality is unfortunately what counts. Everytime the Dems/Obama use the term "depression" raises the possibility of a run on the market, pulling savings out etc. They are trying to pass a bill with their add-ons that REPLICATES what got us into the suituation in the first place and allows the federal government to be on the frontlines of every economic policy for the near future and very possibly beyond.

To be blunt - you have no idea what you are talking about.

1,543 posted on 09/24/2008 5:35:36 PM PDT by torchthemummy (Preserve Youtube Clips Before They Disappear - www.keepvid.com)
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To: torchthemummy

I am for real, read what Warren Buffet said today. I’ll take his word over yours, thanks!


1,544 posted on 09/24/2008 5:35:45 PM PDT by rzn_republicans ((raising republicans in liberal schools))
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To: Jack85321
I think Obomba wins these elections because he has horrible competition. He got into the senate by beating Alan Keyes!

After he uses thug politics to take out any real competition. By the way, welcome to FR.

1,545 posted on 09/24/2008 5:35:51 PM PDT by beckysueb (Drill here! Drill now!)
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To: rushed
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.

I saw that, and he was joking.

1,546 posted on 09/24/2008 5:35:58 PM PDT by Balding_Eagle (God has blessed the Republicans with stupid political enemies.)
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To: conservativeinferno

Needs FReeping bad.


1,547 posted on 09/24/2008 5:37:27 PM PDT by beckysueb (Drill here! Drill now!)
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To: torchthemummy

Your perception of reality is different than mine. I don’t wear doom and gloom glasses. I don’t agree with the add ons to the bill, what makes you think that? Does McCain running back to Washington create a run on the market?


1,548 posted on 09/24/2008 5:40:50 PM PDT by rzn_republicans ((raising republicans in liberal schools))
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To: af_vet_rr
You've named all Presidents. Obama and McCain (and Biden) are not President (or Vice-President). They are Senators seeking the highest offices in the land. And because they are Senators, they should be actively involved in the plan to save this economy. And if that means postponing a debate, or temporarily suspending a campaign, they should be willing to do so. Country first, not public office.

The Depression started in '29. FDR was Governor of New York, and not running for President in '29. He was sworn in as President in '33, and ran for re-election in '37. There was the Recession of '37, and FDR initiated a spending program in the spring of '38. By '40, the government had begun spending on the military, and drafting men into the service.

FDR was reelected in the fall of '40. By June 6, 1941, he was already in office and wouldn't have had to debate anyone. In FDR's case, the Great Depression had already started. In McCain's case, he's trying to fend off another Great Depression from taking place.

Abraham Lincoln. He held no elected office when he ran for President in 1860, and the first real land battle of the Civil War didn't occur until July of 1861. There wouldn't have been any need to postpone any debates or suspend a campaign during the summer of 1860. And I can't find any record of any debates taking place in the election of 1864.

One note of interest: The primary for NY City Mayor, was supposed to have taken place on September 11, 20001, but was postponed until September 25th.

1,549 posted on 09/24/2008 5:40:56 PM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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To: FreeReign; RoseofTexas
That's certainly debatable. McCain is doing the right thing on this. What the voters perceive is TBD.

We (the people in this thread and on FR) tend to have a broader view of the world than many Americans.

There are many voters who think everything is just fine as long as they got a Big Mac and a Coke sitting on the table, and American Idol on the TV.

As far as those people are concerned, Freddie Mac and Fannie Mae are the nice couple that lives down the street.
1,550 posted on 09/24/2008 5:42:10 PM PDT by af_vet_rr
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To: Theodore R.
I think Mahmoud Ahmanutjob is still in town. He challenged both candidates to a debate, and Obama has stated he would meet with him. They have a forum; proceed.
1,551 posted on 09/24/2008 5:42:31 PM PDT by Shqipo (McCain/Palin rallies.... No rock bands required.)
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To: Enchante

I got my info from poster 1493 Qwackertoo. You can sent a reply to him if you wish. Good luck.


1,552 posted on 09/24/2008 5:45:02 PM PDT by Evil Slayer (Sarah Palin reminds me of the story about David and Goliath)
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To: mass55th
"and ran for re-election in '37."

Should be '36.

1,553 posted on 09/24/2008 5:45:03 PM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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To: newzjunkey; All

Since I’m from Illinois I want him to pay his salary back for doing nothing!!!


1,554 posted on 09/24/2008 5:46:08 PM PDT by KevinDavis (McCain/Palin 08 Palin/Jindal 12)
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To: Evil Slayer

Where is this talk of Lieberman switching coming from? If he does, and that sets up Johnny Mac to lead on this issue, then man, does he (Lieberman) have a set of balls on him!


1,555 posted on 09/24/2008 5:48:00 PM PDT by GOPsterinMA (Osama is Carter's second term.)
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To: cookcounty; All

Is the Lieberman talk coming from anyone who knows something, or is it just wishful thinking/speculation? I’d be amazed if every joined the GOP, although maybe as an “Independent” he can caucus with them, which is basically the arrangement he has with the Democrats. There is the Lowell Weicker precedent in CT of a very liberal Repub. who was well liked by a wide swath of CT voters, so maybe he’s going to follow that course..... he’ll never be popular on FR for anything except his foreign policy views, but it would be great if he could upend the Senate leadership. Still, it takes 60 votes to really push anything through the Senate, so I don’t know that a change in Majority Leader will really settle anything on the sub-prime crisis. Still, it would be fun to watch Harry Reid being castrated..... (figuratively speaking of course!!!).


1,556 posted on 09/24/2008 5:49:58 PM PDT by Enchante (America: can you seriously believe that Obama & Biden know how to run our economy?)
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To: xsmommy

You must know a very atypical group of people. Presidential debates draw some of the biggest audiences ever, and this one Friday was expected to be one of the most watched ever. Check these audience figures for the top 10 presidential debates ever:

http://blog.nielsen.com/nielsenwire/media_entertainment/top-ten-presidential-debates-1960-to-present/

People are definitely interested in presidential debates, and it’s silly to argue otherwise. That’s the primary decisions making time for many voters, and they are credited with making or breaking more than one nominee in the past.


1,557 posted on 09/24/2008 5:50:07 PM PDT by Will88
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To: rzn_republicans

I could care less what Warren Buffet says. He’s an Obama supporter. I personally don’t want to have to pay for this bailout. I’m a 61 year old female, who raised two kids by herself, and never owned a home. Frankly, I don’t feel like paying for someone else’s f-—ing mortgage.


1,558 posted on 09/24/2008 5:58:28 PM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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To: Evil Slayer

I got my info from poster 1493 Qwackertoo. You can sent a reply to him if you wish. Good luck.

I’m not a him, I’m a girl.


1,559 posted on 09/24/2008 6:03:46 PM PDT by Qwackertoo
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To: Enchante

Thanks for catching that. You got it right. It was cookcounty on post 1493 not the other guy I named.


1,560 posted on 09/24/2008 6:04:20 PM PDT by Evil Slayer (Sarah Palin reminds me of the story about David and Goliath)
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