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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: VanDeKoik

“Btw, Hannity just read a short release from Obama - they say there is no reason to delay Friday’s debate. Putting politics above country it seems.”

So obi says they thought of this first, now they say we dont have too?

Pretty much.


381 posted on 09/24/2008 12:37:58 PM PDT by Brytani (Abortion does not make you a real woman - it makes you a murderer)
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To: DemonDeac

I’m sure both candidates are preparing clever campaign ads even now that address the implications of their opponents’ failure to debate as agreed:
“That white devil, McCain who is senile, old and tired . . . “ and “My opponent Obama, a moon-worshipping cur who cares nothing for his country . . . “.
They remind me of the dogs in the Frank Norris novel `McTeague’ that hate each others guts . . . as long as there’s a fence between them.


382 posted on 09/24/2008 12:37:57 PM PDT by tumblindice ("Rewarding bad behavior actually reduces it." Dept. of Minitru)
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To: Qwackertoo

John McCain just knocked Carl Rove off the pedestal as a campaign strategist!


383 posted on 09/24/2008 12:38:00 PM PDT by varina davis (Life is not a dress rehearsal)
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To: I see my hands

And why not? Rewarding catastrophic failure of the Wall Street fat cats with tax payer money is unethical and disgusting.

The Wall Street types should be thankful that they are not being carted away to prison pending trial for the crimes that’ve committed in the financial markets.


384 posted on 09/24/2008 12:38:12 PM PDT by indcons ("[In fascism] Profit is private and individual. Loss is public and social." --G. Salvemini)
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To: Jim Robinson
Oh brother where art thou?

After seeing that movie, I giggle every time I hear the words "bona fides".

385 posted on 09/24/2008 12:38:14 PM PDT by TexasNative2000 (Obviously, liberals can't handle a strong, independent woman.)
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To: Qwackertoo

This is stupid, John McCain! Stupid, stupid, stupid! I don’t want the politics of the entire U.S. to soon become just like the politics of the entire state of Massachusetts! The Republican Party of Massachusetts has been profoundly weak politically for several decades now and counting, and the U.S. will truly become a third world socialistic country for the long-term, if Barack Obama does become the next POTUS along with a majority of Democrats in both Houses of Congress! People who truly think that the economy is bad now, just wait until the Democrats, along with “leftist” Republicans, control everything politically! Help!


386 posted on 09/24/2008 12:38:16 PM PDT by johnthebaptistmoore (Vote for conservatives AT ALL POLITICAL LEVELS! Encourage all others to do the same on November 4!)
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To: Brytani
Btw, Hannity just read a short release from Obama - they say there is no reason to delay Friday’s debate. Putting politics above country it seems.

Fine. Send Sarah Palin to debate Obama.

387 posted on 09/24/2008 12:38:25 PM PDT by kesg
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To: Rum Tum Tugger
Okay, I'm glad there are a couple of people out there who, like me, think this is NOT a great idea.

Sorry folks, bad move, bad, bad move.

388 posted on 09/24/2008 12:38:42 PM PDT by LibertarianLiz
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To: Red in Blue PA
This debacle has the **potential** to rival the Great Depression if not dealt with immediately.

Absolutely. If the banking industry goes down, so will jobs. Then it's very ugly.

389 posted on 09/24/2008 12:38:57 PM PDT by jersey117
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To: teddyballgame
I think you are missing the point. We really do have an economic crisis on our hands and action needs to be taken sooner rather than later to avoid plunging the nation [and the globe] into a financial disaster that will cost millions of jobs and wipe out the savings of millions. Even from a partisan point of view, if that were to happen, do you that would be helpful to McCain's election chances?

FYI: We have in the DC area a very respected financial advisor, Ric Edelman, who has written a number of bestsellers on financial management. He said this morning thaT Congress should get out of the way of Paulson and Bernacke, and let them address this problem post haste because the loss of confidence in the economy could lead to a financial calamity. We are literally at the abyss of downward spiral that could spin out of control and have disastrous effects on the nation. I trust Paulson and Bernacke more than Congress on this issue. They [Congress]are the ones who got us into this dilemma.

390 posted on 09/24/2008 12:38:57 PM PDT by kabar (.)
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To: teddyballgame

Sttop handwringing.


391 posted on 09/24/2008 12:38:57 PM PDT by Dog (We have entered into the realm of 9/10 all over again...Lord help us.)
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To: Raebie
Great ! This is a smart move. It makes McCain look very presidential and gives him an edge on the economy. He put Hussein between a rock and a hard place. If Bo's voice is a few notes higher after today we will know why.
392 posted on 09/24/2008 12:38:57 PM PDT by Big Horn (I bac Mac)
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To: Taking Congress back in 2008
McCain just he admitted he can’t do two things at once.

You must have awoken in Bizzaro World, because you're not thinking rationally. Get back with us when you've had a chance to reset.

393 posted on 09/24/2008 12:39:09 PM PDT by TonyInOhio (This is no time to go wobbly.)
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To: Cletus.D.Yokel

According to Major Garret, the McCain campaign told Obama’s campaign, yes to the joint statement on the financial crisis.

You know what that means.

Bend over, folks, here it comes.


394 posted on 09/24/2008 12:39:15 PM PDT by Reagan Man (With Palin on the ticket, McCain Earned My Vote --- MOST conservatives should be satisfied.)
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To: Rum Tum Tugger
"Not only that, it's a very risky move. IMO the outcome of the Paulson plan has been decided..."

But you don't know that and neither does any other voter. McCain has already made the commitment to Country First as he has claimed all along he is strongly in favor of. By doing this he re enforces that commitment and by coming out with this and asking Obama to join him he shows LEADERSHIP. If he gets there tomorrow and by Friday there is an agreement nothing is lost. He has still proved to be a leader and Obama a follower if he joins McCain in Washington, and worse if he remains alone on the campaign trail.

395 posted on 09/24/2008 12:39:15 PM PDT by 101voodoo
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To: Texas_shutterbug
Obama contacted McCain FIRST at 8:30 this morning to issue a joint statement. When this gets out, people will see Obama taking the high ground, and McCain making a slick political move. NOT GOOD. Whatever happened to the honorable MCcain that we might have disagreed with, but still admired?

Even IF true, here's the way to handle it: Jr. Senator Obama did seek advice from Senator McCain today on how best to deal with the current economic crisis. Jr. Senator Obama thought it best to continue to campaign and debate. Senator McCain decided that the best course of action would be to return to Washington to help fix the current economic mess.

396 posted on 09/24/2008 12:39:18 PM PDT by DouglasKC
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To: Taking Congress back in 2008
McCain just he admitted he can’t do two things at once.

Again..Oh Please..

397 posted on 09/24/2008 12:39:18 PM PDT by cardinal4 (Hussein, produce the REAL Birth Certificate!)
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To: Taking Congress back in 2008

Really? Oh, well then, could you please explain to me how McCain is supposed to be in 2 places at the same time?

He does have a job, which WE pay him to do.


398 posted on 09/24/2008 12:39:18 PM PDT by NoGrayZone (Michelle Obama...Queen of the Damned (courtesy of CougarGA7))
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To: tiredoflaundry

Obama is going to describe McCain as “in a panic” again.


399 posted on 09/24/2008 12:39:31 PM PDT by KansasGirl (READ MY LIPSTICK!!!)
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To: noexcuses

People forget that Sen. McCain graduated from Annapolis and learned strategy and tactics from his Admiral father and Admiral grandfather. He also has some smart cookies running his campaign.

His latest tactical move to “suspend his campaign” to focus on “solving the economy” in the Senate has Obama on his heels. McCain can take the high road, while Obama searches for a way to exploit the situation.


400 posted on 09/24/2008 12:39:31 PM PDT by anymouse
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