
"I am calling on the president to convene a meeting with the leadership from both houses of Congress, including Senator Obama and myself," McCain told reporters while in New York, where he and running mate Sarah Palin were meeting with world leaders at the United Nations. "It is time for both parties to come together to solve this problem." The White House said in a statement that it appreciates McCain's suggestion.
"It's time for both parties to come together to solve this problem," McCain said. "We must meet as Americans, not as Democrats and Republicans, and we must meet until this crisis is resolved." According to Fox News, McCain has also suspended the airing of all campaign ads as he works on the crisis.
According to CNN, the surprise move by McCain came just hours after the Obama campaign reached out to McCain's camp Wednesday morning to suggest that the candidates release a joint statement on the principles they think are important to incorporate in any bailout bill. The statement would also stress that it is important for Congress to work together on this bill. At 2:30 p.m. Wednesday, McCain returned the call and agreed to work together on some language for a joint statement. That statement was expected by the end of the day, along with comments from Obama on the McCain's suspension and the bailout bill.
Sources reportedly told CNN that Obama would not be suspending his campaign and saw no reason to cancel Friday's debate. At press time, the Obama camp had not yet issued a statement.
I bet there is a LOT of eye-rolling going on at Obama headquarters this afternoon. />So I'm trying to help my little sister buy a house in Southern California, where she's getting her smarty-pants PhD, by co-signing with her and guiding her through the murky waters of the home ownership process. And I'm on the phone last night with the lender, and, despite the fact that my sister has zero debt and my current debt-to-income ratio is, and always has been, well below 1/2, and despite the fact that we have 15% to put down and are requesting a regular-sized loan, there is still, he explains,...