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Old 09-24-2008, 10:52 PM  
Taco John Taco John is offline
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McCain campaign flailing; running scared. Officially suspends campaign.

http://www.bloomberg.com/apps/news?p...efer=worldwide


McCain Suspends Campaign; Obama Presses for Debate (Update2)

By Edwin Chen and Julianna Goldman

Sept. 24 (Bloomberg) -- John McCain made a surprise announcement that he was suspending his presidential campaign and called on Democratic rival Barack Obama to postpone their first debate until Congress hammers out a plan to steady the financial markets.

Obama rebuffed McCain, saying it's ``more important than ever'' for the candidates to tell voters how they would deal with the crisis. He said they can work with Congress while campaigning. ``It is going to be part of the president's job to deal with more than one thing at once,'' Obama said.

Both men said they wanted to reach a bipartisan solution to the credit crisis. McCain said the Bush administration's $700 billion proposal to rescue struggling financial companies and unlock credit markets won't pass Congress in its current form.

``It has become clear that no consensus has developed to support the administration's proposal,'' McCain said in New York. ``We are running out of time.''

The financial crisis has overshadowed the presidential campaign and both candidates have been seeking to demonstrate their leadership on the issue. McCain and Obama this week largely agreed on conditions they want included in any rescue plan, including limits on executive pay and a mechanism to recoup taxpayer money.

Trading Calls

Obama said he called McCain this morning to discuss issuing a joint statement about their principles. McCain wasn't available and the Arizona senator returned his call about 2:30 p.m., according to both campaigns.

Obama said McCain mentioned the idea of meeting with congressional leaders in Washington and the possibility of delaying the debate, scheduled for Friday, though no firm agreement was reached.

At 2:35 p.m. McCain addressed reporters in New York to say he would suspend campaigning and wanted to postpone the debate. The Illinois senator indicated McCain's announcement caught him by surprise.

``I thought this was something he was mulling over, apparently this was something he was more decisive about in his own mind,'' Obama said at a hastily arranged news conference in Clearwater, Florida.

The two candidates tonight released a joint statement calling on member of Congress from both parties to work together toward a solution.

``This is a time to rise above politics for the good of the country. We cannot risk an economic catastrophe,'' the statement, released by Obama's campaign, said.

Campaign Suspension

Mark Salter, a McCain adviser, wouldn't say how long the candidate would put his campaign on hold. He said the goal was to finish a bailout plan ``before markets open on Monday.''

The suspension means McCain won't hold any campaign events and won't advertise, according to Salter.

McCain has been trailing Obama in recent polls and the gap has widened as the financial-markets crisis has unfolded.

The move by McCain may be seen as ``desperate,'' said Linda Fowler, a government professor at Dartmouth College in Hanover, New Hampshire. ``He has been trying to change the conversation every time the press and public starts paying attention to the issues,'' she said.

Historians noted that the Civil War, the Great Depression and World War II didn't prompt suspensions of presidential campaigns.

``McCain's move should be judged too clever by half,'' said Stephen Hess, a scholar at the Brookings Institution in Washington.

Political Maneuver

Even so, McCain's plan leaves Obama in the position of either following McCain's lead or potentially being seen as less presidential for focusing more on the campaign, said Paul Light, a public service professor at New York University.

``The suspension does bring the `ready-to-lead' issue back into focus for McCain,'' Light said. ``Obama is damned if he does, damned if he doesn't.''

Reaction in Congress fell along partisan lines. Representative John Boehner of Ohio, the Republican leader in the House, said he ``strongly'' supported McCain's call for action. Senator Richard Durbin of Illinois, an Obama supporter, said the move may add more political maneuvering to the debate.

``Bringing a presidential campaign into this atmosphere is not going to make it easier,'' he said.

Ohio Governor Ted Strickland, a Democrat supporting Obama, concurred. ``The last thing we need is to transfer the presidential campaign to Washington, D.C.,'' Strickland said.

Debate Commission

The Commission on Presidential Debates and the University of Mississippi, the venue for the event, said they both were planning for the debate to go forward.

``We are ready to host the debate, and we expect the debate to occur as planned,'' the Oxford, Mississippi-based university said in a statement on its Web site.

As part of his plan, McCain also called on President George W. Bush to convene a meeting with congressional leaders to work on a rescue plan. The administration tonight announced that Bush did invite McCain, Obama and leaders of the House and Senate to a meeting tomorrow. Both campaigns have accepted.

Bush spokeswoman Dana Perino said the president welcomed McCain's move.

``Bipartisan support from Senators McCain and Obama would be helpful in driving to a conclusion,'' Perino said.
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Old 09-24-2008, 10:55 PM   #2
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Their internal polls must be hemmoraging to pull a desperate stunt like this...
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Old 09-24-2008, 10:56 PM   #3
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Crazy times. Some of this news couple with that Couric interview of Palin. What a mess.
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Old 09-24-2008, 10:56 PM   #4
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So um, what are they going to do now that an agreement has been reached before McCain has even set foot in Washington?
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Old 09-24-2008, 10:56 PM   #5
|Zach| |Zach| is offline
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If McCain doesn't show up for the debate, Obama should just do an acoustic set. Maybe covers only, songs he hasn't played in a while.
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Old 09-24-2008, 11:03 PM   #6
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Quote:
Originally Posted by |Zach| View Post
If McCain doesn't show up for the debate, Obama should just do an acoustic set. Maybe covers only, songs he hasn't played in a while.
The Barack concert!
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Old 09-24-2008, 11:06 PM   #7
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Quote:
Originally Posted by |Zach| View Post
If McCain doesn't show up for the debate, Obama should just do an acoustic set. Maybe covers only, songs he hasn't played in a while.

This one's an oldie but a goodie...
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Old 09-24-2008, 11:18 PM   #8
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Quote:
Originally Posted by |Zach| View Post
If McCain doesn't show up for the debate, Obama should just do an acoustic set. Maybe covers only, songs he hasn't played in a while.
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Old 09-25-2008, 12:08 AM   #9
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Oh, Wonkette:

STUPID MUPPET TRICKS
John McCain ‘Suspending’ Campaign by Campaigning More

Quote:
Originally Posted by Ken Layne
McCain also “suspended campaigning” when he ran for president eight years ago. After telling the press (his base) that he was going to announce his run in March 1999, he melodramatically “postponed” the announcement because of the U.S. bombing of the Serbs in Kosovo.

On a single day during this brave non-postponement, McCain appeared on Fox News, MSNBC, Larry King, Charlie Rose and the business channels to talk about Kosovo and his suspended campaign.
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Old 09-25-2008, 12:11 AM   #10
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The Barack concert!
Barack Aid or Barackstock?
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Old 09-25-2008, 12:13 AM   #11
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Barack Aid or Barackstock?
Barack and Roll.
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Old 09-25-2008, 12:15 AM   #12
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We need to suspend the election. There needs to be some sort of clause in our Constitution that allows for this.
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Old 09-25-2008, 12:18 AM   #13
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Barack Band 2
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Old 09-25-2008, 09:15 AM   #14
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lol @ these posts
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Old 09-25-2008, 09:25 AM   #15
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Quote:
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We need to suspend the election. There needs to be some sort of clause in our Constitution that allows for this.


Cheney is discussing that with Bush as we speak. But first they'll need some money.....say maybe $700B or so.
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