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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (48596)9/24/2008 3:11:07 PM
From: TideGlider1 Recommendation  Read Replies (1) | Respond to of 224729
 
Sounds like a responsible decision during a national emergency.



To: Kenneth E. Phillipps who wrote (48596)9/24/2008 3:13:38 PM
From: TideGlider2 Recommendations  Respond to of 224729
 
McCain Suspends Campaign to Help With Bailout
by Sharon Kehnemui Liss, FOXNews.com
Wednesday, September 24, 2008



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.

McCain’s move suggests he’s serious about dealing with the bailout since he had negotiated strongly to make the first of the three debates between the candidates on foreign policy, McCain’s strong suit. The first debate had been set for Friday at the University of Mississippi in Oxford.

McCain has fallen in recent polls as a result of the economic crisis. The latest FOX News/Opinion Dynamics poll shows Obama has taken a 45-39 percent lead over McCain, in large part because of independent voters. A Washington Post poll also showed that most voters think Obama has a better approach to dealing with the economy than McCain.

McCain said he did not think the Bush administration’s $700 billion bailout plan, being shepherded by Treasury Secretary Hank Paulson, adequately addresses the crisis at hand.

“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,” he said.

McCain announced his decision shortly after the White House said President Bush will deliver an address to the nation Wednesday night. McCain called on Bush to convene a meeting of congressional leadership, in both chambers and parties, including him and Obama.

“It is time for both parties to come together to solve this problem,” he said.

“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.”

elections.foxnews.com



To: Kenneth E. Phillipps who wrote (48596)9/24/2008 3:17:04 PM
From: puborectalis  Read Replies (1) | Respond to of 224729
 
MCCAIN SUSPENDS CAMPAIGN TO FOCUS ON ECONOMY; WANTS DEBATE DELAY
Wed Sept 24 2008 14:58:02 ET

MCCAIN: 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' 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.

Developing...



To: Kenneth E. Phillipps who wrote (48596)9/24/2008 4:13:40 PM
From: DizzyG2 Recommendations  Read Replies (1) | Respond to of 224729
 
Have you now become a reporter, Kenneth?

Here is another version of the story:

John McCain is suspending his campaign and returning to Washington to work on the financial crisis. He has asked Barack Obama to join him, and for Friday’s debate to be suspended until legislation is agreed upon. A senior Obama adviser, though, says they are “inclined” to go forward with the debate.

“I am calling on the President to convene a leadership meeting with the leadership from both houses of Congress, including Sen. Obama and myself. It is time for both parties to come together to solve this problem,” McCain said. “We must meet as Americans, not as Democrats or Republicans, and we must meet until this crisis is resolved.”

The Commission on Presidential Debates has not responded to McCain’s proposal, but if an agreement is hammered out before Friday morning, McCain would participate in the debate, according to senior adviser Mark Salter.

McCain has also suspended all political advertising and canceled all campaign events, Salter said. He added that McCain’s colleagues on Capital Hill have told him that passing Secretary of the Treasury Henry Paulson’s plan was going to be “next to impossible.”

Yesterday, McCain expressed concern on the proposed bailout legislation, and offered five provisions of his own that he’d like added to the bill. But he stopped short of saying he would not vote for the bailout, arguing that passing the legislation quickly was of the utmost importance.

cbsnews.com

This makes the "O" man look kind of petty, don't you think? :) You are such a DNC parrot. :)

Diz-



To: Kenneth E. Phillipps who wrote (48596)9/24/2008 4:20:54 PM
From: MJ2 Recommendations  Read Replies (1) | Respond to of 224729
 
Good for McCain.

One cannot be on the campaign trail and representing America in Congress simultaneously.

John McCain is putting country first. A mark of a real leader.



To: Kenneth E. Phillipps who wrote (48596)9/24/2008 7:20:57 PM
From: tonto1 Recommendation  Respond to of 224729
 
That should be, Fox News IS reporting

Fox News are reporting that John McCain has suspended his campaign,