McCain Suspends Campaign to Help With Bailout

McCain Suspends Campaign to Help With Bailout
Fox News
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.