McCain Suspends Campaign To Help With Financial Crisis

I might be in the serious minority here... but I think that the "bailout" is the wrong thing to do. The subprime mortgage fiasco and runaway financial speculation cannot be fixed by a simple injection of cash into the economy; or even by nationalizing the entire market. All this will do is delay the inevitable. Tough times are ahead for the U.S.; and likely for the entire world.


I do not believe that the election will be postponed or cancelled. The "Powers that Be" will not risk exposing themselves in such a fashion. I suspect that the election will go on as scheduled. It will draw much less suspicion.

reply to post by AndrewTB


What can McBain actually do that would benefit the existing
situation, except go get a Cafe latte for ol' Numb Nuts.

McCain also avoided the 2000 GOP debate in October.

Not a McCain supporter and hold heartidly not an Obama supporter, but I'm glad to see McCain putting the issues at hand and trying to help solve a problem. From the outside, I think its a joke of a move by Obama to inforce the debate, when he dodged every town meeting (willingly paid for by the way) but when it comes down to a national crisis, he won't focus on the issue at hand. Afterall, what the hell would he know after only serving half a year in sensate. Now that his main financial providers for his campaign are under scrutiny (FreddieMayMac) why would he want to focus on it. The politics and big biz payoff in the US has got to stop. It has gotten ridiculous. Can't you all see through it?? They are all neck deep in legalized lobbyist payoffs. Its a big joke.

reply to post by Amniodarone


No, it`s not a fix, it`s just something that will slow the crash that will come in due time. If there is no bailout, the crash would be very very big, with the bailout, it will crash, but the effects will not be as great as without it, this will just slow it down.

Myself, I`m not for the bailout at all. It just tells the corperations and the banking system that they can get away with whatever they want, and not have to worry about anything. If they were left to crash, can you imagine the shock waves it would send through the system? It would be like watching a bunch of rats running in all directions after being chased from their hiding places. This country has survived the worst of whats been dealt against it from the beginning. And I believe we will this.









[edit on 26-9-2008 by FiatLux]

Originally posted by LEAP STICK
reply to post by AndrewTB

 

What can McBain actually do that would benefit the existing
situation, except go get a Cafe latte for ol' Numb Nuts.

That about sums it up since McCain is not and hasn't been on any of the relevant committees all he really can do is offer his opinion on the floor before voting... or he can do what he's doing... playing politics with a national disaster.

McCain is doing what the future president should be doing, takin leadership, looking for alternative solutions, getting information from all sides.

The democratic leadership seems to be eager to hand over billions of dollars to bailout the investment bankers, not exactly looking out for the people in my opinion. The republicans in congress are the ones who seem to be questioning the sanity of such a move, which is what needs to be done. Seems like the democrats are more in step with GW than the republicans.

And Obama seems to be hanging out on the sidelines doing nothing.

If this is any indication of how they are going to act in times of crisis, the answer is clear, McCain is the man. Obama's lack of leaderships skills seems to be seriously lagging.

For all of you who just love what McCain has done for his country (suspending his campaign) what do you have to say to the fact it was all "Lip Service"......hahahaha suspended his campaign?

McCain Campaign still active

Gotta love a Man of his words!!

Across the country, McCain campaign offices are up and running, accepting volunteers, conducting phone banking, literature dropping and other GOTV activities. This held true on a local, state, and even regional level. The Huffington Post called up 15 McCain-Palin and McCain Victory Committee headquarters in various battleground states. Not one said that it was temporarily halting operations because of the supposed "suspension" in the campaign. Several, in fact, enthusiastically declared the continuation of their work. Others hadn't even heard that the candidate for whom they were devoting their time had officially stopped campaigning.

reply to post by poet1b


If that is what you believe so be it but this kind of thought process terrifies me.
I am not an Obama or McCain supporter so my reaction and thoughts to this are purely American.
McCain is not only using the economy as a distraction he is also scaring the hell out of a lot of people. I believe this has a world of implications and one of them is fear mongering. It is all over every news outlet and the fear runs deep.
"This is huge, historical, nothing to base this on, run for your lives...."
McCain's suspension lends credence to every single dooms dayers predictions on this forum.
McCain's suspension signals something huge and very wrong is happening or about to happen and while I think many Americans need to wake up I do not believe they should be scared poopless so they will scream for help and cover their heads.
If the elections get put on hold, Americans have been warmed up to this thanks to McCain's selfless act of suspending his campaign. We will all be so scared that we will do whatever we are told to do, we will go along with whatever plan they tell us to. It is sad but it is true.
Like I said I believe there are many implications to McCains actions but the most serious to me is the fear factor, getting the nation ready for another historical blow.

reply to post by ATruGod


Thanks for mentioning that thread... its important to point out the snow job this so-called suspension is.

It's clear isn't it?

With an economic situation of this magnitude there are clearly two sides and we all have been mystified with information and opinion overload...

We all (and that includes overseas countries too) want to see who the next potential presidents are and how they think about this matter.....for gods sake people stand up and demand that Both Obama & McCain show their intelligence on this tonight...

Second very important thing is; that after the debates and ifff there is going to be a bail out.....that there should be no restrictions in questioning as to where the money went to exactly, who bought who out for how much and who got the bonusses.....these are things that are not being discussed and we are being underestimated it's like insulting everyones capability to understand our own lives...this is truly a time of denying ignorance!

reply to post by ATruGod


He was said he was suspending his campain. Meaning TV ad's and campaign events. He was quite clear about what he meant when he said he was suspending it. He never said he was going to shut his offices down. That would be pointless and be political suicide. I for one havent seen one TV ad for McCain but have seen several TV ads for Obama. Seem to me like he is keeping his word.

McCain canceled campaign events and announced plans to take his advertising off the air

He has done both, as he said he would. McCain Campaign Suspension

reply to post by tide88


And right after he said that he went and canceled on david letterman . And did a interview with katie currek .
He has been exposed as a bold faced liar!! Why trust him now? BTW i just saw one of his ad's on TV .. Wonder how thats is not part of his campaign ?

reply to post by d11_m_na_c05


he's not a liar. it turns out, Letterman didn't hear him correctly. he said he had to cancel and head straight to KC, not DC. KC being Katie Curic.

reply to post by Crakeur


OOOOOOhhhhhh. And this whole time I was SOOOOOOOOOOO sure he was just completely preoccupied with the economy. At least we know it was just a misunderestimation.........no wait......"suspension of truth".

MSNBC is reporting that McCain has said he will be attending the debate tonight.

Great news!

Yes, it sounds like good news for now!!!

At least it appears that tradition for now will go on!

reply to post by Crakeur


Are you sure that McCain didn't actually say, "KFC"?

After all, he did attend a fundraiser dinner the afternoon after he blew off Letterman.

This after announcing that he canceled all fundraising activities.

Originally posted by Amniodarone
I might be in the serious minority here... but I think that the "bailout" is the wrong thing to do. The subprime mortgage fiasco and runaway financial speculation cannot be fixed by a simple injection of cash into the economy; or even by nationalizing the entire market. All this will do is delay the inevitable. Tough times are ahead for the U.S.; and likely for the entire world.

I agree with you!

This is just putting a band aide on the problem.

It seems to me like they aren't even trying to correct the problem that allowed this fiasco to happen!

If the mortgage and lending companies can still use the same unscrupulous tactics to lend money the way they were, this is just a run away freight train and no amount of money will ever fix it!

The debate is on; McCain agrees to participate
link

WASHINGTON - Republican John McCain agreed to attend the first presidential debate Friday night even though Congress doesn't have a bailout deal, reversing an earlier decision to delay the forum until Washington had addressed the financial crisis.

McCain is such a flipflopper...this is just an attempt at humor I am by no means denouncing McCain for his decision to renig on the debates.