McCain Suspends his campaign?

Posted by: The BoBo  //  Category: A Nation at Risk, America, Congress, McCain, Obama, Politics, President

What the hell is that all about?  Read it here: MCCAIN SUSPENDS CAMPAIGN TO FOCUS ON ECONOMY; WANTS DEBATE DELAY

Is this just some kind of political game?  What the hell does he think he can do personally?  First, I KNOW this is really really bad right now regarding the economy.  I personally think we ought to let the whole financial system fail and reset itself.  I don’t think we should have any kind of bailout at all.  As I see it, we are headed towards a recession, and possible a depression if the system fails.  Our economic indicators currently show that we have had consistent GDP growth for the past two quarters – but – what will happen in the next two quarters if it fails?  I think you’re all smart enough to figure that one out.

The Government caused this problem by interfering in private business in the first place – and – now we’re asking them to take it over?  I get why we need the bail out also – if our economic system crashes, and our dollar crashes, our enemies pretty much have free reign to start making moves against us.

I also understand what the problem in Congress is right now as to why there is an impasse – The Democrats want to make sure that those people who couldn’t afford those houses get to keep those houses.  They are trying to relax bankruptcy laws so those people can’t be foreclosed on.  They’re trying to add a whole bunch of stuff so that we taxpayers pony up to keep people in those homes they shouldn’t be allowed to keep since they shouldn’t have bought them in the first place.  They are trying to tack on all kinds of social policies that don’t belong in this bailout bill.  They are also trying to put limits and oversight on Executive pay.

Yet, they haven’t done a damned thing to put Obama’s friends in jail for mismanaging Fannie and Freddie.  They aren’t calling for an investigation in to Chris Dodds, Barney Frank, Charlie Rangel, or Jamie Gorelick.  The Dems caused this mess..and they want to make it even worse.  The Republicans with a handful of SMART Democrats oppose the current incarnation of this bail out bill as well.  I agree.

But – suspending a presidential campaign at this time?  That’s just plain stupid.  He’s asking for a delay on the debate this Friday.  He has even asked Obama to join him.  What is Obama’s response?  Nope – The Debate is on. If McCain doesn’t show up to the debate on Friday and leaves Obama at the podium – who is this going to hurt?  Could this possibly hurt or help Obama?  We’ll just have to see how this plays out.

Personally, I think McCain might be showboating a bit here.  What are your thoughts about this?  BTW – did I happen to mention that Congress ends this year’s session this Friday?  If they don’t have anything put together by Friday – the do nothing Congress will go home after doing nothing – yet, again!

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18 Responses to “McCain Suspends his campaign?”

  1. Surviving the CircusNo Gravatar Says:

    You have a good point, but I think McCain is doing the right thing. He already has a job to do, and he needs to be in Washington to do it. A brief suspension of the campaign is not going to hurt him – I hope.

    Surviving the Circuss last blog post..Postpone the debate

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  2. couchmouseNo Gravatar Says:

    Screw the Bailout.  When these companies were raking in Billions in profits and the Execs taking home multilmillion dollar monthly paychecks there was no “sharing the profits” with the taxpayer.  Now they are in trouble and want the taxpayers to “share their losses”.  No Bailout, let the chips fall where they will.
    As to McCain.  This is just another gimmick of his.  The last 7 days he was floundering like a fish out of water and his polls were dropping like an anchor.  The Bailout deal is 98% done now anyway.  What is he going to do? Help negotiate the last 2% and take credit for the whole thing?
    Obama has a lot of faults but he is not crazy… But John McCain? He is just plain frightening.

    Reply to couchmouse

  3. The BoBoNo Gravatar Says:

    Circus – I can see your point – but – I really don’t see what he can do there.  They only have 2 days to come up with something.  He’s not even part of the committee responsible for putting the bill together.  I still think it’s showboating.

    Couchmouse – other than the Obama & McCain statement, this is probably the first time you and I actually agree on something!

    I think Obama is probably just as frightening to me as McCain is to you.

    Reply to The BoBo

  4. tpcNo Gravatar Says:

    I guess time will tell who made the right decision here, personally I’d have to give McCain credit for making another politically dangerous decision because he feels it’s the right thing to do at this time.
    I didn’t read anything in his statement that would indicate he thinks he is the “only one who can solve the problem”, but he does have a history (much to some republicans chagrin) of being able to pull together a coalition between both side of the aisle and actually accomplish something. I would not agree with everything he’s done (McCain-Feingold comes to mind) but on this issue, from what I’ve read, I think he is on the right track on what needs to be done – stop the blame game on both sides; focus on all of the factors that led to this, not just the politically advantageous ones; and come up with the start of a solution. Whatever they come up with is going to be just that – a start, not a complete fix.
    Whether the actual cause was couchmouse’s “wall street fat-cats” or the well intentioned changes ( with a portion of those changes attributable to both sides) to how Fannie and Freddie operated and the removal of credit “firewalls” that had been in place since the Great Depression,  the corruption in Fannie and Freddie – or more likely, all of the above – this situation IS going to shape our future for some time to come, and is going to define the next administration to a large degree, regardless of who ends up in the Oval Office.
    I was a bit nervous about Senator Obama’s statement that both campaigns had large planes that could fly both parties in for a vote. That smacked of a “phone it in” attitude that makes me a bit nervous as to how Obama views this crisis.
    So, whatever you think of McCain’s move right now – and I’m not saying it won’t backfire – he’s made judgement calls in the past that seemed like political suicide at the time, but ended up being the right choice in the long run.
     

    Reply to tpc

  5. The HawgNo Gravatar Says:

    Hey, good for McCain. Apparently, he’s hoping to show that running the government is more important than running a campaign. I hope that strategy works.It would be more fun if Obama decided to get back to work, too. Of course, it’s been so long since he’s actually done anything in the Senate he might not be able to find the place, much less his office.And screw all this bailout garbage. The government had a huge hand in all of this. You are correct in stating the same boneheads who created this mess ought not be charged with fixing it. When’s the last time the government fooled around with the free market and didn’t screw it up.And, on the television right  now, is that damned Bush talking about what a great idea this bailout will be and how more government oversight is needed to curb “corporate abuses.” Reagan is rolling in his grave right now.Thanks a lot, Bush. You dick. His father sucked, too.

    The Hawgs last blog post..(Almost) Wordless Wednesday — "White Girl" by X

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  6. The BoBoNo Gravatar Says:

    TPC – I hope you’re right – but – I’m not really sure exactly what he can do…like couchmouse said – it is pretty much put together right now.  It’s just at the point where both parties are bickering.  The Dems need to quit adding shit to it to benefit their special interest friends and those idiots who bought homes they couldn’t afford.

    Hawg – yup – that speech didn’t impress me at all.  I say screw him and the bailout.  We didn’t cause this mess…government did…screw them all.

    Reply to The BoBo

  7. castocreationsNo Gravatar Says:

    At first I was bummed that he said he was suspending his campaign but I guess it does make sense. Listening to Hugh Hewitt…McCain is showing leadership…O is just stuttering and stammering and doing nothing. I personally do not think that O has any clue what to do until someone tells him how to act or what to say. He scares the crap out of me.
     
    I don’t love McCain and everyone blaming the “fat cats” is just retarded. This is a multi-faceted problem caused by government trying to push social policy through the market. Do I think McCain would do a bailout? Yup. But the alternative to his socialist ideas is a pretty scary thing for the whole economy. I’ve already started talking to hubby about what we would have to do if I lost my job (I’m in the financial sector). We will do what we need to do and just pray that the government doesn’t screw things up too horribly bad.

    castocreationss last blog post..If I Were to Buy Jewelry

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  8. U.S. Common SenseNo Gravatar Says:

    I can’t figure this one out.  While the jesture is good (as both McCain and Obama should be doing their jobs first and campaigning second), does McCain actually have to “suspend” the campaign?  He could say that Palin will be filling in on the campaign while he returns to Washington to help hammer out the deal, and the issue of “suspension” wouldn’t be causing such a stir.  But does McCain actually have anything to offer the debate outside of actually being able to deliver the Republicans to vote for the package?  I don’t think so.  He could stay active on the campaign trail and talk to fellow Republicans over the phone to encourage them to vote for the package if he feels it is worth passing.  On the flip side, I think Obama made the mistake with the “call me if you need me” statement.  That is showing he is trying to distance himself from the issue all together outside of just talking about it and running campaign ads about it hoping to score political points out of the ‘crisis.’  This is all very strange.

    U.S. Common Senses last blog post..What to make of the financial fallout

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  9. MattNo Gravatar Says:

    Hey guys, I’m no McCain fan either, but if we keep bashing the House and the Senate for NOT doing their jobs, and saying they are at fault for this and that, then we can’t bad-mouth him when he suspends his campaign (in an extremely close race) to actually go and do his job.  One thing I will give McCain credit for is that he is a very astute politician.  He knows where he needs to be when the shit hits the fan, and right now that is in Washington, at least trying to do his job.  I think (even if it is showboating – and give him credit for that too, because it was a smart move) many voters will see his move as him actually trying to do something positive to help get us out of the mess we’re in.  And it would have worked like a charm, too, if Bush hadn’t called Obama to Washington tomorrow.  Obama was going to try to one-up McCain by staying put (what else could he do, McCain got the jump on him) and it would have been a massive mistake politically for him – and still might.  That idiot Bush just might have rescued him, though.  Shit!

    Reply to Matt

  10. The BoBoNo Gravatar Says:

    Casto – good luck to you in the financial industry.  I only hope the government does screw it up even more!

    CommonSense – I don’t really know what to make of it either.

    Matt – I saw the Obama press interview earlier today where he said that he would not be suspending his campaign and that he feels that the people need to hear from both sides in the debate – because the people want to know what the next President has to say about the issues since the next President is the one inheriting this mess.  I think you’re right – Bush may have saved his ass – unless he actually decides not to come back to D.C. since he was “invited” by Bush.  Bush did not recall him nor did Reid.

    Reply to The BoBo

  11. To be or not to be, that is the question | U.S. Common Sense Says:

    [...] articles: The BoBo Files – “McCain Suspends His Campaign?” The Washington Post – “Obama and McCain Issue Joint Statement on the Economy” Bloomberg [...]

    Reply to To be or not to be, that is the question | U.S. Common Sense

  12. This is kind of funny | Says:

    [...] little funny, but still…screw you Liberals.  This man is a patriot.  He can do whatever he wants too.  Have you forgotten?  John McCain used to be a [...]

    Reply to This is kind of funny |

  13. vulcanhammerNo Gravatar Says:

    I don’t know. I have a bad feeling about McCain suspending his campaign. I could be wrong but he may seem rash to the average voter.

    vulcanhammers last blog post..Hank Paulson wants oversight.

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  14. RebeccaNo Gravatar Says:

    Country First!
    If Obama is all about CHANGE why wouldn’t he want to personally listen to what is about to happen? Shouldn’t they be getting in there and doing their jobs or should they just get the ‘FACTS’ through their ‘friends’?
    McCain has sense enough to know that this mess could be his to handle soon and I believe he should be there to voice his personal views on it.
    I also don’t believe in the bail-out. The government should use that money to empower smaller lending institutions that have a solid financial statement. Let the GREEDY CEO’s at Fannie and Freddie get in the unemployment line with they folks they foreclosed on.

    Rebeccas last blog post..Freddie Mac Bargains!

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  15. blancadebreeNo Gravatar Says:

    McCain and his lady friend Palin are killing the Republican Party more surely than if they used a stake and mallet, some wolfsbane, and fist full of garlic.  It’s over.  Unless someone decides to arm the crowd in the next Ohio town where McCain plans to speak with some blow darts dipped in the ass of an Amazonian frog, we have no hope in November.

    blancadebrees last blog post..Mr. 19%

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  16. Matt UrdanNo Gravatar Says:

    I think it was a smart move.  On Fox News last night–Greta, Hannity, someone, I think the way this came down was that McCain called Bush and asked Bush to bring the leaders of both houses together and to invite McCain and Obama.  It’s not Bush saving McCain’s ass, but McCain saving McCain’s ass.  To me, that’s real leadership.  Nothing is more important to this country right now than what happens with this deal.  That’s what I wanted our elected leaders to do…deal with the issues that need dealing with.  McCain did that and wanted to postpone the debate.  If Obama can’t see that he needs to get in there as a US Senator, what makes the American people think he can be President?
    Further, I think a quick poll was taken last night and over 80% felt this was a good move on the Part of McCain….putting “Country First” before his campaign.
    I think McCain is the real deal, and while he many know absolutely nothing about economics, if he is the one bringing the people together to get this deal done for the benefit of the country, all I can say is BRAVO, because that’s what leaders do…not sitting on their asses feeling helpless like Barack Obama.

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  17. MonicaNo Gravatar Says:

    I’m not sure what to think on all of this…. well, except I respect McCain for doing this.  He’s said time and time again he’ll lose an election before he shirks his responsibilities.  He just gets down to business… everything fell to hell there anyway.  Oh, and now I’m reading it is all McCain’s fault.
     
    Lordy.

    Monicas last blog post..My Company – Zy Consulting

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  18. The BoBoNo Gravatar Says:

    @Rebecca – I can appreciate the “Country First” attitude – I’m just not sure whether this was a political move or not.  I guess its a moot point at this time since the debate is still on.

    @Vulcan – based on the latest polls – it doesn’t look to good – you’re correct.

    @Blanca – why so apocalyptic?  LOL.  I think there are enough sensible people out there that are beginning to see the truth about Obama that he won’t be elected.  However, with regards to McCain destroying the Republican part – I will have to agree with you there.  He is no Republican.  But – given the two evils at this point – he’s the better choice.  But, WE have the voices – we can show the politicians that WE control their jobs – WE can vote them ALL out in November and the next few election cycles and show them!

    @Matt – we’ll just have to see how it plays out – but – like I said to VH up there – the most recent polls seem to indicate otherwise.

    @Monica – I guess you at least have to give him credit for doing it.

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