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McCain Suspends Campaign, Obama Will be at Debates
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by Rob Walker | September 25, 2008 at 03:37 am
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Democratic Senator Barack Obama has stated that he wants the debates to continue, while Republican Senator John McCain announced the suspension of his campaign.
Less than a day after a New York Times article came out that showed Senator McCain's campaign manager had been accepting $15,000 a month from Freddie Mac, even though McCain stated that wasn't happening. Instead of calling for his resignation, or apologizing to the people he lied to (knowingly or not) McCain decided the best course of action was to suspend his entire presidential campaign.
This morning, Obama came out and said that whoever is president must learn to deal with more than one thing at a time, and this is the time when Americans need to hear from whoever will be president in 40 days.
"It's my belief that this is exactly the time when the American people need to hear from the person who, in approximately 40 days, will be responsible for dealing with this mess," Obama said at a news conference in Clearwater, Fla. "It's going to be part of the president's job to deal with more than one thing at once."
But McCain said they must focus on a bipartisan solution to the nation's financial woes as the Bush administration's $700 billion bailout proposal seemed headed for defeat. If not, McCain said ominously, credit will dry up, people will no longer be able to buy homes, life savings will be at stake and businesses will not have enough money to pay workers.
The story is this. The lobbying firm of Rick Davis, the manager, was being paid $15,000 a month by Freddie Mac until last month. That fact is a direct contradiction of words McCain had spoken Sunday night. At that time, responding to a Times story being prepared for Monday's paper revealing that Davis had been the head of a lobbying consortium led by Freddie Mac and Fannie Mae until 2005, McCain said Davis had done no further work for either mortgage giant.Someone's lying – either Davis to McCain, or McCain to the public. I trust you see the problem here.
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Most RecentMost Recommended Comments (1)
at 06:43 on September 25th, 2008
Who is going to create the panic that we need to avoid with rash inflationary action? The same people who will benifit from the bailout. Over the past months we have seen evidence of the power of institutional investors to move the market. The same people who took the risks on sub-prime mortgages will foster the panic.
The real power behind the Republican Party, the elite of Corporate America, with the help of Bush, are holding the election hostage with this crisis and need McCain on the same page.
McCain is worried about contradicting himself in the debate. He is not prepared. He needs to the extra time to craft his message as to not appear to be sucking up to the Wall Street elite at the expense of the rural Americans who hold his key to the Oval Office. This crisis has the potential to finally open the eyes of values voters and expose Republican pandering for what it really is, fraud.
McCain can't condemn the power elite and help them at the same time without opening himself to attack. Poor little maverick. The financial crisis is ripping his campaign strategy to pieces and he needs this time to regroup.
I am sure McCain Palin 08 is cuing up the advertising featuring dead babies, gun control, school prayer and Obama in a turban in a last ditch attempt to pull this one out.