CLEARWATER — The economic crisis and raw politics threatened to derail the first presidential debate as John McCain challenged Barack Obama to delay the Friday forum and join forces to help Washington fix the financial mess. Obama rebuffed his GOP rival, saying the next president needs to "deal with more than one thing at once."
The White House rivals maneuvered to claim the leadership role in resolving the economic turmoil that has overshadowed their campaign six weeks before Election Day. Obama said he would proceed with his debate preparations while consulting with bailout negotiators and Treasury Secretary Henry Paulson. McCain said he would stop all advertising, fundraising and other campaign events to return to Washington and work for a bipartisan solution.
"It's my belief that this is exactly the time when the American people need to hear from the person who, in approximately 40 days, will be responsible for dealing with this mess," Obama said at a news conference in Clearwater, Fla. "It's going to be part of the president's job to deal with more than one thing at once."
But McCain said they must focus on a bipartisan solution to the nation's financial woes as the Bush administration's $700 billion bailout proposal seemed headed for defeat. If not, McCain said ominously, credit will dry up, people will no longer be able to buy homes, life savings will be at stake and businesses will not have enough money to pay workers.
"It has become clear that no consensus has developed to support the administration's proposal," McCain said. "I do not believe that the plan on the table will pass as it currently stands, and we are running out of time."
Sen. Lindsey Graham, McCain's representative in debate negotiations, said McCain will not attend the debate "unless there is an agreement that would provide a solution" to the financial crisis. Graham, R-S.C., told The Associated Press that the agreement would have to be publicly endorsed by Obama, McCain, the White House and congressional leaders, but not necessarily given final passage by the House and Senate.
Asked whether the debate could go forward if McCain doesn't show, Obama spokesman Robert Gibbs replied, "My sense is there's going to be a stage, a moderator, an audience and at least one presidential candidate."
Their competing positions came after the two senators spoke privately, each trying to portray himself as the bipartisan leader in a time of crisis.
McCain beat Obama to the punch with the first public statement. He said he had spoken to President Bush and asked him to convene a leadership meeting in Washington that would include him and Obama.
Even as McCain said he was putting the good of the country ahead of politics, his surprise announcement was clearly political. It was an attempt to try to outmaneuver Obama on an issue in which he's trailing, the economy, as the Democrat gains in polls. He quickly went before TV cameras minutes after speaking with Obama and before the two campaigns had hammered out a joint statement expressing that Congress should act urgently on the bailout.
And while McCain's campaign said he would "suspend" his campaign, it simply will move to Washington knowing the spotlight will remain on him no matter where he is.
Obama, too, made a political calculation by rejecting McCain's challenge while trying to still appear on top of the problem. Obama repeatedly stressed at his news conference that he called McCain first to propose that they issue a joint statement in support of a package to help fix the economy as soon as possible. He said McCain called back several hours later, as Obama was leaving a rally in Florida, and agreed to the idea of a statement but also said he wanted to postpone the debate and hold joint meetings in Washington.
Obama said he suggested they first issue a joint statement showing bipartisanship.
"When I got back to the hotel, he had gone on television to announce what he was going to do," Obama said.
McCain said he would return to Washington after addressing former President Clinton's Global Initiative session in New York Thursday. He canceled his planned appearance Wednesday on CBS' "Late Show With David Letterman" program and a meeting with the prime minister of India.
McCain called Senate Democratic Leader Harry Reid and House Speaker Nancy Pelosi to propose that joint meetings with Obama and congressional leadership be held quickly, according to leadership aides. Reid spokesman Jim Manley said Reid responded by reading McCain his public statement, in which he said it would not be helpful to have the candidates come back during negotiations and inject presidential politics.
The Commission on Presidential Debates and the University of Mississippi, the site of the forum, said they were moving forward with plans for the debate.
McCain's running mate, Sarah Palin, was canceling her limited campaign events. Palin said in an interview with CBS Evening News Wednesday that the country could be headed for another Great Depression if Congress doesn't reach a solution.
McCain adviser Steve Schmidt would not say how long the suspension would last but indicated it would go through the weekend, in order to reach agreement on a deal before the markets open on Monday.
McCain has struggled with how to handle the financial situation, which he might escape with modest political damage if he and Obama could reach some type of accord on the matter.
Scores of congressional Republicans have hinted this week they may oppose the proposed $700 billion bailout even though it is Bush's priority. Senate Majority Leader Harry Reid, D-Nev., pointedly suggested that Democratic lawmakers could not be expected to back it if McCain did not publicly do so.
That leaves McCain with two unpalatable choices. He can oppose a major Republican initiative that the administration says is essential to preventing a full-blown recession, and risk heavy blame if the prediction comes true. Or he can vote for an extraordinarily costly bailout, which many Americans seem to resent, just when polls show him falling farther behind Obama.
Several GOP lawmakers and strategists said they see no way that McCain can oppose the main elements of the bailout plan and present himself as a bold leader. He must say, "we need to get this done for the future of our country," said John Feehery, a former aide to top Republican lawmakers. "Country first," Feehery said, noting McCain's campaign slogan.
But McCain might reap few political rewards for such a move.
Rep. Tom Cole, R-Okla., said he has not found any Republican colleagues who say the proposed bailout "is popular in their district."
Of course, Obama also risks angry voter reactions if he supports the bailout plan. But he could frame his stand as bipartisan statesmanship, whereas McCain's vote could be spun as another example of his siding with Bush, a major impediment to his campaign.
___
Associated Press Writers Nedra Pickler, Charles Babington and Liz Sidoti in Washington and Christopher Wills in Clearwater, Fla., contributed to this report.
___
On the Net:
McCain: http://www.johnmccain.com
Obama: http://www.barackobama.com
And what did Obama say?
Anything?
Still thinking about it?
I'll bet anyone $100 that McCain won't show up. Next will be "the BIG ONE Elisabeth, he's comin to join you honey...with a moose on the loose"!
LOL!!!!
That got a tickle outta me....
Barack Obama said,
* This plan cannot be a welfare program for Wall Street executives
* Decisions on how to spend that $700 billion cannot be left solely in the hands of the Treasury secretary
* An independent, bipartisan board should provide oversight and accountability at every step of the way.
He also criticized Bush's "my way or the highway" attitude toward the proposed $700 billion bailout, saying, "The president's stubborn inflexibility is both unacceptable and disturbingly familiar."
Well, I read it,
He again states the obvious- wow!
Hey Obama,
It is a crisis, not time to play political games, creating some independent bipartisan something, that will newer agree on anything.
******
Make a decision, propose something useful, and applicable now.
And make it now, hurry, we are drowning.
So you like it when politician only speak in sound bites with out any explanation of the facts?
C'mon Bor,
I'll donate $100 to McCain if he shows up...you wanna put your $ where your mouth is?
Flanking McCain were former Massachusetts Gov. Mitt Romney, his one-time rival for the GOP presidential nomination, and former eBay CEO Meg Whitman.
McCain consults with Romney and Whitman... but Palin is his running mate.
John... your campaign is a train wreck. But you knew that already.
And now McCain wants a delay...
His debate practice sessions must not have gone so well.
And now McCain wants a delay...
With only 40 days left this is not the time for a delay when your behind in the polls.
I bet that there is no longer 18% who are undecided.
And Obama said that!? "DON'T CALL ME--I'LL CALL YOU??"
Obama to the moderator:
Didn't McCain supposed to be here at this debate?
Moderator:
Sorry Mr. Obama,
McCain has chosen that his priority is to save this country.
So, he is out there fighting for it.
But you and I can have a discussion about something, till he returns.
I can see it now:
The debate on SNL
You see Obama at the podium answering a question with a thoughtful responses and the same question is asked to McCain with a picture with just the lips moving saying "I'm a POW.
Here's a handy tip: most legislative duties are taken care of by the time this debate rolls around at night.
Obama made the right decision to do the debates.
What next for McCain is he just going to give up completely?
Obama did make the right decision. He knows that he must persevere and become the next president of these United States if he is to be able to fix anything for our future.
McCain should just suspend his campaign permanently. He has no chance. He's worried about this debate, and with all of Palin's problems, does not know how to answer questions, which is basically what a debate is. I do understand the importance of what's going down right now with our economy, but why not move forward, instead of halting progress?
Do you really consider either of these campaigns progress? You have the following:
1) Candidate for president who does not have the experience or the capability to lead and who would cut off at the knees anyone who opposes him in true Chicago style form.
2) You have his running mate who has been part of the problem for the last 30 years and doesn't know when to be quiet or when to stop, shall I say, embellishing.
3) A candidate for president who has been part of the problem for the last 30 years with at least some level of competency, but is that what we really need?
4) A running mate who really isn't ready for prime time
Let's be honest, we are never going to get a real candidate until the politics in this country changes and by then it may be too late. Vote for who you believe will do the least amount of damage.
Whoa! Whoa! Whoa!
for the last 30 years with at least some level of competency
You presume too much
In the "Fannie-May" & "Freddie-Mac" Melt-Down "MESS", is Obama promising to punish
the two officers, both Democrats--one a CEO, &also, a high-board member, who were to
"walk away" from their office for 3 years?! One walks away with $90,000,000 ∧ the
other walks away with $30,000,000 The tax-payers lose again--! The news-media doesn't
even mention this--"unless it's buried some place in the "Want--Ad"--!
It is truly amazing! I have never seen a bigger collection of misinformation and hate motivated comments that are so far from reality in my entire life. This takes the cake! The country is divided because despite how important most of you say this election is you never bother to perform any of your own research to really understand how we got here. It's all regurgitation of each party's talking points and the blame game. At this point we basically deserve what we get because we voted for it. The same melon heads that have been overseeing this entire financial disaster (Barney Frank, Christopher Dodd) are the ones you decide to leave there to fix it and you really think that your going to get a different result? Please! Sarbox really helped didn't it? No, don't bother doing the research! Just keep listening to the talking heads and putting your head in the sand. Sure, blame it on Bush, that's the answer! I'll bet none of you realize that this all started with legislation during the Carter administration, became bigger during the Clinton administration, Bush administration tried in 2003 to fix and was blocked by the Democrats and Republicans tried again in 2005 and once again were blocked by the Democrats. Some of the biggest profiteers from Fannie Mae and Freddie Mac are advisers to Obama, but it's funny we don't hear anything about that.
C'mon, don't be modest. We know McCain and Rick are the champs. Just one more reason to duck the press. Maybe he could borrow some of Cindy's dark glasses.
Glad to see such true concern.
You have admit though....
McCain threw this ball real long, looking for a catch.....
Nice try though Candy-Cain.... ;)
Really? How much time do you think we have? I think the politics can wait for a day. If the debate waits, nobody loses anything. Each day that goes by without a plan could cost millions.
They need either of them there, this was a tactic and nothing more....
Obama can not follow McCain to the Senate,
he might have to do some real work there.
Obama says he'll go to Washington if someone tells him he is needed there. In the mean time Democratic, good Ole Boy Harry Reid is telling McCain, "We don't need you here". Since when is a SENATOR told he is not needed in Washington when an extremely important issue, something that could put us into a depression. McCain will be there to try to get his party to put party differences aside and put Country First and work with the Dems, and if Obama would do the same thing maybe a compromise could be worked out but Obama is just waiting on standby, probably out shooting hoops (chewing gum at the same time so he can prove he can do 2 things at the same time) with his cell phone with him in case someone texts him.
Say, are you and Virginia Atkinson married?
Please oh please, if McCain cannot handle two things at once now (the economic crisis and a debate) what is he going to do if he is elected. Tell head's of state or the American People "I can't do that right now because I am working on something else"????? The best time to debate is right now, unless of course you are afraid of what might be asked, even though they have the outline in advance. Prior to this I was unsure who I was going to vote for but now it's looking that the Dems might be a better choice.
Obama rejects McCains call to delay debate, wow, that must be a BIG LOAD off of Obama's back, now he can breath easy. It seems that Obama could care less about attending senate meetings as he could care less about voting yes or no. McCain invited Obama for some town hall meeting debates and turned everyone of them down, yeah, sure, and you people are voting in a half-breed who could care less about anything? Why is Obama even running for Preisident? Talk about wasting peoples' time in this country. If Obama can't make decisions as a senator don't expect Obama to make decisions as a President. Yeah, sure, it's the kind of president you need in the White House, just like the kind of Senators and Congressmans you need in office and do nothing but hold hearings for four years. What a waste of tax money in this country.
I take extreme exception to the term "half-breed" you rightous BIGOT!
I agree with ABD3. In a country where only 1/3 graduate from college and just over half graduate from high school, and where one party is built on the a foundation consisting of the crooked timbers of those who don't, this type of comment represents the political acumen that they can understand-- unintelligent, base, and hateful.
"and you people are voting in a half-breed who could care less about anything"
How ignorant of you! People that think like that should not be permitted within a mile of a voting booth. Do you also carry a a nice heavy rope in your trunk should the occasion present itself for a good ole' lynching? ABD3 has it right, bigot, but I would also add the title of racist. You are either very old, holding on to old prejudices, or very young and stupid! Do everyone a favor and don't bother to vote this year.
I like this McCain guy,
he is feisty!
.George Wiil wrote in the Washington Post on Monday: "Under the pressure of the financial crisis, one presidential candidate is behaving like a flustered rookie playing in a league too high. It is not Barack Obama.... for more read Monday's Washington Post. I rarely agree with anything George Will says but it seems to me that it is he that is putting the country first. The ship is sinking and all hands are jumping off fast. This is a hail Mary pass.
Why are the Republican candidates afraid to take questions? And if the debates get postponed, might it even be necessary to cancel one, like maybe the vice-presidential debate?
George Bush want to play now. He just "summoned" the 2 candidates to the White House tomorrow.
Summon my @$$!!!
THEY DON'T NEED EITHER CANDIDATE, JESUS!!!!
CallMcCain'sBluff
Delay = postpone
Not = Cancel
Why is Obama so insistent on the specific date and time?
Obama can show us much more of his leadership by going where the stuff happens and fix it right there.
Both candidates have a golden opportunity to act in the crisis situation, and show the true leadership. There is still plenty of time for personal mano a mano.
Trouble with reading comprehension BOR(derline)? Here, I'll spell it out for you: McCain will do anything to get Palin's debate canceled.
and I can't wait for that i'm taking the day off, buying a bottle of E&J and a 12 of coke and grill out just to watch "Ms. Mooseburger" burn under Biden's debate.....
So, Obama calls McCain this morning to issue a joint statement, then receives word in the afternoon that McCain is suspending his campaign and wants to delay the Debates?
McCain said last week that our economy was fundamentally sound, but now, one week later, feels the need to suspend his campaign, for what? If the economy is fundamentally sound, what is urgency, albeit one week later?
This man has no idea what he is doing? And the polls show it!
You know BOR, I'd be far more impressed if Mr Magoo, I mean McCain had any clue about economics. McCain is not able to drop into DC, fix everything and ride off into the sunset on a white horse. Bottom line is, he's afraid to debate Mr Obama, and will do anything he can to distract and postpone.
The sad part is that he won't even vote! Neither of them will.
Afraid to debate Obama, he's been calling for debates for months and Obama has REFUSED. He has only asked to have the debate postponed until an agreement can be reached. Obama had set aside 3 days to study for the debate, to memorize answers that his staff has written for him, to potential questions that hiand he doen't like the idea that his study time has been interruped for something inconvienent for him, like the biggest financial crisis since the great depression.
WHY ALL THE BACK AND FORTH? THE TRUTH IS- MCCAIN DOESN'T HAVE ENOUGH ENERGY TO DISCUSS/DEAL WITH THE ECONOMY AND HAVE A DEBATE ALL IN THE SAME DAY.
ALSO, HE KNOWS HE DOESN'T STAND A CHANCE AGAINST OBAMA. THE PULL OUT (I MEAN) CALL FOR POSTPONING THE DEBATE COMES AT A TIME WHEN THE POLLS SAY THAT OBAMA'S LEAD IS GROWING. MCCAIN'S CAMP KNOWS THAT AN INEVITABLY HORRIBLE DEBATE WILL SEND HIM DOWN A SLIPPERY SLOPE DESTINED FOR DISASTER SOONER THAN THE REPUBS CARE TO ACCEPT RIGHT NOW!!!
McCain has demonstrated that he has plenty of ENERGY.
Bottom line this CRISIS (the biggest financial crisis since te Great Depression) is a "distraction" for Obama.
No he'd rather be in Florida rehearsing his debate answers than being inconvienced by the CRISIS at hand.
Let Obama debate himself, His Hitler side against his Stalin side...... I'm sure he can call in his vote as "Present"
Obama and Biden the new Abbot & Costello! Obama never says anything with substance, he's like Paula Abdul on American Idol. If this guy ever wins the election it's time to move to Canada or after 2 years with him in office to a rich and more prosperous country say like Haiti!
How exactly are we "running out of time"? This is such a shakedown. It's ridiculous.
Harris from the Post, I'll tell you exactly how we are running out of time. It's less than forty days a way from the election and the economy issue is not getting ready to be solved any time soon. The election is still coming the first Tuesday after the first Monday in November no matter what the economy does. Let Good Ol' Bush fix the economy so that the new guys on the block can talk about the business of moving pass Bush's mess. EIGHT IS ENOUGH!!!
And to you ServerMan- Hitler and Stalin? Or you kidding me? Try Again! All you are "Serving" is a bunch of Oscar Mayer Bologna!!!
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