BREAKING! MCCAIN SUSPENDS HIS CAMPAIGN UPDATE: OBAMA CRIES "FIRSTIES!" UPDATED: OBAMA WILL DEBATE ... HIMSELF!

Carl Cameron, chief political correspondent for FOX News, is reporting: John McCain is suspending his campaign and calling upon Barack Hussein Obama to do the same and return to Washington with him and work on passage of the financial relief package to stave off a financial meltdown.

McCain is asking that the debate be postponed Friday night on the foreign policy debate (McCain's strong point)

YIKES! This should be good. Fasten you seatbelt,  it's going to be a bumpy ride.

Obama show up for a vote. Actually vote? Now that's news.

Obama, your move.

UPDATE:  McCain is asking that BHO put aside partisan politics and return to Washington.

Here it is: McCain Suspends Campaign to Help With Bailout

John McCain asked the Presidential Debate Commission on Wednesday to postpone Friday’s scheduled debate with Barack Obama so that he can work on the financial crisis bailout plan now on Capitol Hill.

The Arizona Republican senator said he will suspend his presidential campaign on Thursday to return to Washington to help with bailout negotiations. He urged Obama to do the same.

So far, Obama has "no comment" heh.

Is it just me or is Obama always playing catch up with this guy?

UPDATE: FOX is reporting that McCain did call Obama before and let him know he was doing this. McCAIN is speaking now:

We must past legislation to address the crisis ..

If we do not act, evrey corner of our country will be affected.

"We are running out of time"

All we have to do ... is set poltics aside.

On Septtember 11th our leaders came together. Let's do this now"

Now is our chance to come together to prove that Washington is once again capable of leading this country.

Here are his remarks:

“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’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.”

Just as he threw the dice with the surge "I'd rather lose an election than lose the war", the maverick, yet again, makes a move out of the box.

Just as he threw the dice with the surge "I'd rather lose the presidency than lose the war", the maverick, yet again, makes a move out of the box.

UPDAT 3:18 pm: Obama campaign manager blackberries and claims that Obama called McCain this morning at 8:30(?) this morning suggesting they issue a joint statement on the financial crisis.

So Obama is calling FIRSTIES!

UPDATE: Here is Obambi's statement:

Obama’s campaign issued its own statement suggesting that the idea to work together was theirs.

“At 8:30 this morning, Senator Obama called Senator McCain 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. At 2:30 this afternoon, Senator McCain returned Senator Obama’s call and agreed to join him in issuing such a statement. The two campaigns are currently working together on the details,” spokesman Bill Burton said.

Earlier in the day, Obama said McCain had been absent on the issue a year ago when the Illinois Democrat introduced Senate legislation to restrict executive compensation.

McCain is suddenly talking like “a hard-charging populist,” Obama said, even though Obama claims McCain’s policies favor the rich.

The McCain campaign responded that Obama incorrectly claimed that he “‘blew the whistle’ on Fannie Mae and Freddie Mac CEOs for their golden parachutes, when he actually hired one for a critical job in his campaign and reportedly had his campaign seeking policy advice from another.

“The truth is that while John McCain sounded the alarm on the need to reform Freddie and Fannie to protect American taxpayers, Barack Obama took record amounts of their money and refused to take action to reform and regulate them. If ‘lying’ is saying you did one thing when you actually did the opposite, then Barack Obama just lied,” said McCain spokesman Tucker Bounds.

Obama is such a third grader.

UPDATED: Just listened to Obama. Sorry, I am not buying his idea of a joint statement and isn't that MUSCULAR. Uh no, its not.

You have to vomit when this greedy, corrupt political hack hurls insults at Wall Street when he, more than most was on their payroll. BIG TIME.

If the Dems didn't force Wall Street to make bad loans, we wouldn't be in this mess. Yeah, greedy Wall Street, dying to lose money and go bankrupt.

The media is guilty of deliberately not covering the orgins of the financial crisis.

UPDATE: Let Palin debate Obama. (hat tip dan)

Comments

[SlimGuy]

Goes to prove

Country First

is not just a campaign slogan.

[formerwm]

Just listened to Obama's dribble!!! He is acting like this was his idea and MCCain went behind his back and one upped him. That's just like these losers to throw out a lie and act like it is the truth. And what's up with this a 'President has to be able to handle more then one issue at a time.' Question....do you think Bush was multi-tasking on Sep 12, 01 or was he focusing on the worst attack on our soil since Pearl Harbor. I have no doubt McCain can multi-task but Obama would need a committe to make a decision. Which ever the way the wind is blowing Obama. Grrrrrrr

[Indigo Red]

OMG!! Obama is going to debate himself! I wonder, who will win?

[RISE_UP]

Here's the best idea, let Piper debate Barracky

[2T3MzooK]

Absolutely, let Obama debate Palin. I had that idea myself--just the ticket because this time the rules are fair!

[Josef K]

Palin v. Obama sounds great!!!
And Obama will get picked on by somebody his own size... oh that's right, losing to a girl is no longer a politically correct smear!!!

[The Right Guy]

The Palin rumor has been flying around out there. I can only hope that Saracuda gets to take a bite out of the Obamessiah. This is a huge gamble for Mccain, and I can see it going badly for him. Can anyone say Don Quixote? On the other hand, it could work.
Jim

[Mystical Time Traveler]

Is debating oneself the same as playing with oneself?