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September 24, 2008
McCain Suspends Campaign to Help With Bailout
McCain Suspends Campaign to Help With Bailout
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.
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I just checked my email and had this from the McCain / Palin campaign:
John McCain's Remarks on the Economic Crisis
New York, NY
Wednesday, September 24, 2008
"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.
Last Friday, I laid out my proposal and I have since discussed my priorities and concerns with the bill the Administration has put forward. Senator Obama has expressed his priorities and concerns. This morning, I met with a group of economic advisers to talk about the proposal on the table and the steps that we should take going forward. I have also spoken with members of Congress to hear their perspective.
It has become clear that no consensus has developed to support the Administration's proposal. I do not believe that the plan on the table will pass as it currently stands, and we are running out of time.
Tomorrow morning, I will suspend my campaign and return to Washington after speaking at the Clinton Global Initiative. I have spoken to Senator Obama and informed him of my decision and have asked him to join me.
I am calling on the President to convene a meeting with the leadership from both houses of Congress, including Senator Obama and myself. It is time for both parties to come together to solve this problem.
We must meet as Americans, not as Democrats or Republicans, and we must meet until this crisis is resolved. I am directing my campaign to work with the Obama campaign and the commission on presidential debates to delay Friday night's debate until we have taken action to address this crisis.
I am confident that before the markets open on Monday we can achieve consensus on legislation that will stabilize our financial markets, protect taxpayers and homeowners, and earn the confidence of the American people. All we must do to achieve this is temporarily set politics aside, and I am committed to doing so.
Following September 11th, our national leaders came together at a time of crisis. We must show that kind of patriotism now. Americans across our country lament the fact that partisan divisions in Washington have prevented us from addressing our national challenges. Now is our chance to come together to prove that Washington is once again capable of leading this country. "
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Wild Thing's comment............
Obama will debate by himself...with his teleprompter. Sorry I could not rssist.
This move is genius. Palin is doing all the campaigning anyway. McBrilliant is doing it again! I think right now all senators should be back at their posts in Washington.
It smacks of a gutsy move albeit a gamble. His campaign’s theme is country first. I think he should simply state, “I was not willing to lose a war to win a campaign and I am not willing to win a campaign to ignore the crisis that the economy is in.”
McCain is smart now.
Obama is in a box.
Blamed if he doesn’t go back to Congress as a “care-nothing about real Americans”
Blamed if he does go back to Congress because he would be following “McCain’s lead.
This smacks of statesmanship. He is putting his country before his own ambition. This is the old, veteran statesman and war hero reporting for duty to put his country first.
He is also forcing 0bama's hand to put a vote on the record on this issue, thus making it impossible for Zero to use it as a campaign issue.
This is widely considered to be the biggest financial crisis since 1929. McCain is making the right choice here, and returning to do what he was elected to do.
And, moreover, as a political statement the timing is impeccable. Obama cannot complain about the request to postpone the debate without showing himself to be unconcerned about the problem.
Now he's either going to have to suspend his own campaign and follow McCain back to DC (a great ad); or he will not suspend his campaign, and will open himself to criticism about his inability to identify real problems (an even better ad, because his response to the Russia/Georgia mess is of the same gormless type).
Just by doing the right thing, and acting like a grown-up, McCain will score big points against Obama, just as a happy side-effect.
It’s a direct challenge to Obama, not only on economic issues, but a challenge to the 3am phone call. McCain has picked up the phone and made decisions, will Obama pick it up or let it ring off the hook?
Obama is remaining on the campaign trail.
Haha! "You can take my beretta, Senator Obama, WHEN YOU PRY IT FROM MY COLD, DEAD HANDS!"
Hehehehe!
I think it is marvelous and right on!
Obama is the one that is a clear and PRESENT danger to the US.
Posted by Wild Thing at September 24, 2008 04:17 PM
Comments
Obamalamadingdong just screwed himself in MY opinion... McCain looks like a statesman now, and Obama looks like a pandering MUTT!!!
Posted by: TexasFred at September 24, 2008 05:07 PM
Hooked on Obamics? "Yes we can't?" Zebra King will have a TGIF night off to CHANGE... change?
Posted by: darthcrUSAderworldtour07 at September 24, 2008 05:23 PM
Wow, putting aside politics for the sake of the nation? Imagine that.
Yay, McCain! You're the good guy
But really, I'm more interested in watching the Palin/Biden debate! Go Sarah!
My writeup of the Albuquerque rally
Posted by: Mesa Mike at September 24, 2008 05:42 PM
Where Socialism is at play, Obama, is still voting present!!!
Dingy Harry sure is co-operating, it's that fervor of bipartisanship they have always touted, he doesn't want either candidate to do their senate jobs.
They can't recognize leadership even if it has them by the ass and drags them through the halls of Congress. I'd call McCain's move both shrewd and presidential after more than 8 years of Democrat obstructionism. Follow my lead, good maneuver John.
The Dems are exposed as the do nothing rats they are, Barney Frank is lisping his indefensible role in this calamity.
Posted by: Jack at September 24, 2008 06:34 PM
Good news is the FBI is investigating the Fannies and hopefully the dems will have their Asses handed to them over this one.
This move by McCain is a stroke of genius and should catapult him to the head of the pack. It also proves that obam can't run with the big dogs and finds it safer to stay on the porch. What a pansy-waste.
I heard today this supposed lead Obama has was a very skewed poll they polled democrats 3:1 which gave Ho-bama a 8 point lead. He ought to be shocked with that news. With that kind of advantage he should have a 20 point lead. It looks like not all demo's are on board the Obama to hell express...
Posted by: Mark at September 24, 2008 06:50 PM
Referencing the "anointed one" as Zero does seem to belittle the wonderful character in Beetle Bailey. Remember Private Zero, anyone?
He had more on the ball than the annointed saviour of hopeychangey.
Posted by: GM Cassel AMH1(AW) USN RETIRED at September 24, 2008 06:52 PM
Texas Fred, yes that is Obama alright.
Posted by: Wild Thing at September 24, 2008 07:18 PM
Darth, LOL yes he can think about what he means by change.
Posted by: Wild Thing at September 24, 2008 07:20 PM
Mesa Mike, thank you for the link.
Me too, I am really looking forward to Palin's vs. Biden debate.
Posted by: Wild Thing at September 24, 2008 07:22 PM
Obama's response to McCain's request to return to Washington to deal with the financial crisis and suspend the debate was to say the next president needs to "deal with more than one thing at once." I wonder what more than one thing Obama is talking about. It sure isn't being a Senator. He was derelict being a state senator in Illinois voting "Present" 130 times to avoid being responsible and accountable for the job that he was elected to do. So, having accomplished nothing more meaningful than voting "Present", Barack Obama runs for U.S. Senator and gets elected.
Now, he is derelict in being a U.S. Senator spending more time running for president than being in Washington, DC doing the job he was elected to and being paid to do. What next, a President Barack Obama that starts running full time to be head of the Organisation of the Islamic Conference (OIC) and it's 57 member states as part of the new global Caliphate and world order?
Barack Obama 20XX - Professional campaigner doing only one thing at a time, ALL THE TIME - running for office.
Posted by: Les at September 24, 2008 07:26 PM
Jack I agree, I am very upset about this stuff going on with this Fannie stuff. I want names of who is at fault if we have to pay for this stuff and like Rush Limbaugh said it began under Carter then Clinton did some things that made it even more of what is happening now. I would LOVE for all of that to come out. If Republicans are at fault too so be it. But no more of this corruption if oh only if that could ever be possible. Dreaming here I realize that.
Posted by: Wild Thing at September 24, 2008 07:26 PM
Mark, oh that is wonderful I had not heard that. Thank you Mark.
Thanks for the information too about the polls.
Posted by: Wild Thing at September 24, 2008 07:29 PM
GM Cassel AMH1(AW) USN RETIRED, oh omy gosh your right. I had completly forgotten that. I LOVE Beetle Bailey, thank you for reminding me.
Posted by: Wild Thing at September 24, 2008 07:30 PM
Les, well said. Good one! That bio of his like you state is not one of leadership at all.
This is a crisis and if Obama can't see that and be able to set aside rthe normal " script" then he will not be able to show he could be a good President in that way too. Battles are not always won by sticking to a rule plan sometimes right in the midst of a battle things change and plans change to cause a win. Obama is clueless to the max.
Posted by: Wild Thing at September 24, 2008 07:37 PM
Maybe this thread is over but I want to ask this. Obama acts as if he thinks he's already President so why can't McCain do the same and send Sarah to debate the Zero this afternoon? What a blow to Zero's ego that would be. Presidents send their VP's to do things that don't need as much power as the Pres has, don't they?
Posted by: horace at September 25, 2008 11:37 AM
Hi Horace good question. I am not positive but I think it is something about the rules that the Democrat and Republican party set up. That the candidates for each position debate each other. Pres. vs. Pres. candidates and VP's the same way.
I was thinking like you, why not let Sarah Palin debate Obama if he insists on the debate.
Posted by: Wild Thing at September 25, 2008 03:00 PM
