McCain Suspends Campaign

by Sal on September 24, 2008

in Economy,Election 2008,Politics

John McCain suspended his campaign this afternoon in order to return to Washington to help foster a “solution” to the current economic crisis.  The Paulson deal is near-dead, as according to Drudge, only four Republican congressmen support the plan.  He has asked for the Presidential debate scheduled for Friday to be postponed while he, Obama, and Biden return to Washington to do the job that they currently have been elected for (not that you’d know it from Obama’s attendance record).  Obama, on the other hand, is insisting that the debate go on. 

I am not sure right now what to make of this.  From a purely political view, it is a huge gamble and could either pay off tremendously or be a complete disaster for McCain.  I can’t think of anything like it in modern politics.  It has the potential to make Obama look petty and small, but at the same time could come off as a cheap political stunt on McCain’s part.  If McCain brokers a deal of some kind, it will bolster his experience-credentials and make him look Presidential.  However with the current level of Partisanship, and with the elections looming, he will likely not accomplish anything, and therefore do damage to his reputation. 

From a practical policy view, I see little hope of anything coming from it that is better than the Paulson debacle.  I do not see McCain taking a radically different approach from the Paulson plan, although it may differ in some details.  which embraces free-market ideals.  At the end of the day, we will probably have a massive government bailout and a march towards higher regulation and more socialism.  One hopeful note comes from a meeting that McCain had with former Gov. Mitt Romney and several CEOs and former CEOs this morning.  Romney has always pushed free-market capitalism ideas, and has great experience running large companies. 

McCain’s intent with this move, and the fallout from it, are still yet to be determined.  It is a huge risk, but we shall wait and see where it goes from here.

{ 4 comments… read them below or add one }

Ryan September 24, 2008 at 5:55 pm

My first impression was to look for someone to support in 2012 to thwart an Obama reelection.

Upon further thought, I agree with Sal here. It could possibly be brilliant. Yet, it still could be disasterous.

Obama still wants to debate Friday, which is hilarious since he’s been ducking a direct debate with McCain since June. Obama believes that a President should be able to do two things at once.

Fine then.

Obama can show up alone Friday and if the press asks where his opponent is, Obama can say: “He’s in Washington trying to solve the financial crisis. I’d rather be here on TV talking about what I want to talk about all while getting softball questions from moderators like you. So, you see I can do two things at once. That’s why I should be President.”

That’s what I wish people would take away from all this — Obama not knowing how to react, so he attacks and condescends. Prhaps he thinks McCain is turning into a “bitter clinger.” Yet, I have this fear that Independents may look at all this as a political stunt. Plus Obama just got TONS of potential ammo about how McCain’s trying to duck HIM of all things. It’s all too early to tell, though.


Rex Hump September 24, 2008 at 5:55 pm

McCain, where is your Hockey Momma now? Oh not good at economics? Oh prehaps you may have VP regret.


Mike September 24, 2008 at 6:14 pm

Wow. Comment #2 is probably the dumbest statement I’ve heard in about the last two years. Sarah Palin governs a state with a surplus dipshit.

As for McCain’s move, it’s risky. On the one hand, he looks like a leader. On the other hand, if McCain goes to Washington and Congress fails to pass anything, then Obama can accuse McCain of being incapable of bringing people together while also depriving the people of a campaign. This really could go either way.


Chris September 24, 2008 at 6:59 pm

Quite a busy news day in Washington and its environs. On paper it doesn’t sound too bad, but honestly, I don’t think it’s the best strategy. Washington will gridlock on this and McCain is taking quite a chance. While we all know the truth that Obama has been ducking a teleprompter-less meeting with McCain, the drive-bys will portray McCain as weak. True, the debate can be rescheduled, but still, this is something that worries me greatly, especially with the PrObama drive-by media out there.

Now if he really wants to think out of the box, have Sarah Palin stand in for him at the debate. Not only will it put #2 to shame, it will put every drive-by Obama marionette to shame when she outclasses the Uh king at the debate.


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