September 24, 2008

ALL DEMOCRATS HAVE TO DO IS WRITE THE BLANK CHECK BY FRIDAY:

McCain Calls for Debate Delay to Focus on Financial Crisis (Michael D. Shear and Robert Barnes, 9/24/08, Washington Post: The Trail)

Democratic rival Barack Obama declined to follow suit, saying he would return only if congressional leaders requested his presence and said there was no reason to suspend the campaign or delay Friday night's presidential debate.

A president, Obama said, "is going to have to deal with more than one thing at a time."

The dramatic events on the campaign trail began after Obama called McCain early this morning to seek a joint statement on on their goals for the bailout measure now being negotiated between Congress and the Bush administration. But before that statement was issued, McCain went before television cameras to say he was putting the campaign on hold and wanted to delay Friday night's presidential debate on foreign policy. Among other things, McCain senior adviser Steve Schmidt said McCain would begin unilaterally pulling down his campaign ads and cease fundraising.

"It has become clear that no consensus has developed to support the Administration's proposal,'' McCain said in a brief statement to reporters. "I do not believe that the plan on the table will pass as it currently stands, and we are running out of time.''

McCain said he is calling on President Bush "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."

President Bush said he welcomed the gesture. "We are making progress in negotiations on the financial markets rescue legislation, but we have not finished it yet,'' said press secretary Dana Perino. "Bipartisan support from Sens. McCain and Obama would be helpful in driving to a conclusion.''


Reid Seeks McCain Pledge (Roll Call, September 24, 2008)
Fearing a political backlash against Democrats, Senate Majority Leader Harry Reid (D-Nev.) has told the White House that it must serve up support from Republican presidential nominee Sen. John McCain (Ariz.) if it hopes to ensure bipartisan backing for a massive economic bailout package by week's end.

If W convenes the meeting how do Harry and Barry get out of going?


MORE:
Boehner favors McCain proposal (Politico, 9/24/08, Patrick O'Connor)

“Our economy is facing unprecedented challenges, and we must work together to find a solution," Boehner said. "I strongly support Sen. McCain’s proposal for a bipartisan leadership meeting of both Houses of Congress, including Sen. McCain and Sen. Obama. Given that it is only a few months before a new President takes the oath of office, it is vital that the next president play an active role in crafting this critical plan.”

The reality is that people consider the growth of the economy to be almost exclusively a Republican concern (Democrats exist to redistribute wealth once it's been created), so any plan is going to be associated with Senator McCain. Make him the party spokesman on the deal, put him in the pictures with W and Congressional Democrats and let the Unicorn Rider traipse around the country demonstrating how superfluous he is to governance.

Posted by Orrin Judd at September 24, 2008 5:26 PM
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