McCain calls out Obama..suspends campaign.

[flashstang04]

Media is calling this a "circuit breaker". With the speech tonight this may be big news.




http://www.rte.ie/news/2008/0924/uselection.html





US Republican presidential candidate John McCain has said he will break off from campaigning to help on a Wall Street rescue plan.

He has also asked that a Friday night debate with Democrat Barack Obama be postponed.

Senator McCain, in a statement to reporters, said he would suspend his campaign tomorrow to return to Washington and called on Senator Obama to join him, saying he had spoken to the Democratic nominee.
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He said he did not believe a current $700bn rescue plan would pass the US Congress in its current form.

'It has become clear that no consensus has developed to support the administration's proposal and I do not believe that the plan on the table will pass as it currently stands, he said.

'We are running out of time,' he warned.

He urged President George W Bush to call for a bipartisan meeting of lawmakers to try to find an agreement.

In a statement, Senator Barack Obama's spokesman Bill Burton made no mention of John McCain's call to postpone Friday's first presidential debate, but stressed the initiative for a joint statement on the crisis came from the Democrat.

He said that Senator Obama had called Senator McCain this morning to ask him if he would join in issuing a joint statement outlining their shared principles and conditions for the Treasury proposal and urging Congress and the White House to act in a bipartisan manner to pass such a proposal.

He went on to say that this afternoon, Senator McCain returned Senator Obama's call and agreed to join him in issuing a statement.

He added that the two campaigns are currently working together on the details.

[forever_frost]

Wait....working together? For the good of the American people? Really?

[flashstang04]

Wait....working together? For the good of the American people? Really?


I know..the nerve of this guy putting America first!

[dustin]

lol at obama's rep..

"it was our idea first"

[flashstang04]

Uh Oh!

Guess we see whats really important here.......



Obama Camp: 'The Debate is On'

ABC News’ George Stephanopoulos and Rick Klein report: Sen. John McCain on Wednesday said he would “suspend” his presidential campaign to come to Washington to help negotiate a financial bailout bill, a dramatic move designed to seize a powerful issue.

However a senior Obama campaign official said Obama "intends to debate."

"The debate is on," a senior Obama campaign official told ABC News.

McCain said he called on the Commission on Presidential Debates to postpone the debate scheduled for Friday in Mississippi, to ensure quick congressional action. The campaign is also suspending its advertising, pending an agreement with Obama.

“I have spoken to Senator Obama and informed him of my decision and have asked him to join me,” McCain planned to say in New York City, according to advance excerpts released by his campaign. “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.”

Obama supporter and chief debate negotiator Rep. Rahm Emanuel, D-Ill., told MSNBC that "we can handle both," when asked about his reaction to McCain's call to postpone the first debate because of the administration's bailout plan.

He believes they are making good progress on Capitol Hill on the bailout and his initial reaction is that the work on the Hill should not preclude the debate from taking place.

An Obama campaign official told ABC News the Democratic presidential candidate called McCain this morning to suggest a joint statement of principles.

McCain called back this afternoon and suggested returning to Washington.

Obama is willing to return to Washington "if it would be helpful." But reiterated Obama intends to debate on Friday.

McCain and his top advisers said the Republican presidential candidate has not committed to voting for the massive financial bailout plan proposed by the Bush administration, with aides saying he will reserve final judgment until there is a final product.

A senior McCain campaign official said that the “Bush package is dead. This is a serious situation. Package must be resolved by the time markets open on Monday."

Senate Majority Leader Harry Reid said Tuesday that McCain had assured Treasury Secretary Henry Paulson that he would support the $700 billion legislation.

Asked about that Wednesday, McCain responded: “I did not say that.”

Senior advisor Mark Salter then interjected saying, “He hasn’t said that to Paulson or to Reid or to anybody else. He hasn’t said that to me.”

McCain campaign political director Mike DuHaime told reporters at a lunch meeting in Washington that the senator will not commit until he sees the final package that comes to the Senate floor.

“He’s going to do what he thinks is right,” DuHaime said at a lunch sponsored by the Christian Science Monitor. “He’ll make a vote as a leader in this country, and people will look to him.”

DuHaime added, “Quite frankly, I think you could ask Sen. Obama if he’s going to do what he thinks is right. I mean, he has never -- I believe -- never once made a decision that is an unpopular decision or went against the orthodoxy of his party, and was one that was one that was a tough decision to make. . . . Sen. McCain has done that throughout his entire career, his entire life -- not just in politics, but his life.”

DuHaime said that while McCain understands the urgency, many voters continue to have important questions about what the bailout means to them.

“When you start talking about $10,000 per household or per family to go toward bailing out Wall Street, they have legitimate questions about it,” DuHaime said. “People understand that that is a big thing and it affects them, and they do legitimately have questions about, is this really going to go to bail out companies or leaders of companies who now are relying on taxpayer dollars to bail them out, and are going to get these huge compensation packages after they come to the taxpayers for it.”

“There is some frustration, certainly, in that, and it’s understandable to say the least. And it has not been a quick rush to say yes or no. People understand the gravity of this, want to see it done right, while still understanding the timing factor.”

[Slowhand]

So they're working together to fuck our country? Good news!

[ayzo]

It's nothing more than a political stunt by both of them. Obama started off calling McCain this morning, saying they should work together and release a joint statement on the bill. McCain said sure and then suggested that him and Obama should postpone the debate so they can work on the bill in Washington. I don't know what needs to be debated, they both need to slap a big no stamp on this bill.

[thesource]

Looks like grand standing to me ....... I love the fact that Obama is ready to debate knowing there is a good chance McCain won't show up . Hell , let Palin show up and handle Obama . I bet she could as good of a job as McCain plus she's a hell of a lot better looking .

[Nate]

So they're working together to fuck our country? Good news!
LMFAO.

[Big Pencil]

Looks like grand standing to me ....... I love the fact that Obama is ready to debate knowing there is a good chance McCain won't show up . Hell , let Palin show up and handle Obama . I bet she could as good of a job as McCain plus she's a hell of a lot better looking .


I was amused to read that these foreign leaders she's meeting with are all basically hitting on her, telling her "how gorgeous" she is and how "it's no wonder she's so popular." One guy wouldn't let her go and wouldn't stop shaking her hand. lol

That's so awesome - she continues to work her magic just by showing up.

[STANGGT40]

neither one of them want to acknowledge the elephant in the room. (the bailout package)

[Vertnut]

They need to bury that stinking, rotting corpse (known as AIG), and start investigating Freddie Mac and Fannie Mae immediately. I heard the FBI is looking at Freddie Mac as we speak, and Barry is shaking like a dog shittin' a peach pit. He's got folks in his campaign that are right in the middle of that deal. Let the bastards go under, let the market take a 1500 point hit, and lets roll. I'm getting sick of it all.

[Paladin]

They need to bury that stinking, rotting corpse (known as AIG), and start investigating Freddie Mac and Fannie Mae immediately. I heard the FBI is looking at Freddie Mac as we speak, and Barry is shaking like a dog shittin' a peach pit. He's got folks in his campaign that are right in the middle of that deal. Let the bastards go under, let the market take a 1500 point hit, and lets roll. I'm getting sick of it all.

I agree. We need to let these companies go under, let the executives who played with the books go to jail, and start to recover from this mess. It took about 20 or so years to create this monster of a mess, it will take some time to recover, so let's get started asap.

[AdamLX]

neither one of them want to acknowledge the elephant in the room. (the bailout package)

That's basically what I'm gathering from it as well. Both are trying to take a peek at each other's cards.

[sc281_99-0135]

They need to bury that stinking, rotting corpse (known as AIG), and start investigating Freddie Mac and Fannie Mae immediately. I heard the FBI is looking at Freddie Mac as we speak, and Barry is shaking like a dog shittin' a peach pit. He's got folks in his campaign that are right in the middle of that deal. Let the bastards go under, let the market take a 1500 point hit, and lets roll. I'm getting sick of it all.



1500 would be putting it lightly

but yes i am in agreement.

[Vertnut]

1500 would be putting it lightly

but yes i am in agreement.
My 401k is in the shitter anyway. I'm ready for the hit...

[STANGGT40]

That's basically what I'm gathering from it as well. Both are trying to take a peek at each other's cards.

yep, each want to know the other's stance on the subject (and find out what everyone wants to hear) before they risk it being brought up and having to actually give their "opinion" before they have the info from their advisors.