Turns out Senator SuperDuperman wasn't actually needed. Negotiators are managing to hammer out a deal even without MIGHTY JOHN and his POW POWER PUNCH!

A few more i's to dot and t's to cross, and an announcement could come this afternoon.

Then, there's no reason NOT to debate...

...except...

...for the REAL reason McCain pulled this crazy stunt, that is.

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"If there is anyone out there who still doubts that America is a place where all things are possible, who still wonders if the dream of our founders is alive in our time, who still questions the power of our democracy, tonight is your answer."

--President-elect Barack Obama
November 5, 2008

ooohhhhhhh SHOCKER!

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“Share everything with your brother. Do not say, ‘It is private property.’ If you share what is everlasting, you should be that much more willing to share things which do not last.”
~ The Didache

"Not to enable the poor to share in our goods is to steal from them and deprive them of life. The goods we possess are not ours, but theirs."
~St. John Chrysostom

You don't seem to understand why McCain went to DC.

He is there to make sure the bill passes, both he and Obama have been called to shore up support for the bill.

You see, right now the bill has a 28% approval rating. Far more people are against the bill. Emergency bills are never more popular than on the day they go to vote. It's all down hill from here.

Guess what that means when it comes to a vote?

Everyone wants to be the one to say they were against the bill. Then if the bill doesn't pass, they want to claim it's the other side fault they voted against it.

I believe that McCain and Obama are needed in Washington.

McCain needs to win the republican vote. Obama... well he fills a suit.

Anyway, they need to remove the political risk of supporting the bill more than anything else. All most of these people care about is getting elected.

To quote you TJO - MSNBC, try someone who gets things right. So the Obama network in an attempt to slam McCain says the deal is almost done and we should believe them?

Harry Reid said he wouldn't pass anything until he saw where John McCain stood on the issue. George W. wants them both back in Washington. It seems to me the right move is to return to Washington to see that the largest expansion of government in the history of the US is done correctly.

You are probably right that Barack isn't needed, but McCain gets things done.

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Liberals believe it is okay to kill babies, but not terrorists.

democrats believe it is okay to taser a 10 year old if this stance will get their guy elected.

Me personally i am only basing my opinion off what Senator McCain released to the press yesterday, and that was HE was going to work on the plan to get it passed. He isnt needed at all. It was a political stunt thats backfiring right in his face. Obama has drafted several pieces of legislature on a bi-partisan basis. So what does Obama have to prove there?

__________________
You're not to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who does it or says it.
-Malcolm X-

If we have the courage and tenacity of our forebears, who stood firmly like a rock against the lash of slavery, we shall find a way to do for our day what they did for theirs.
-Mary McLeod Bethune-

Because there are no cell phones, broadband internet, fax machines, or any other form of instantaneous communications available to either candidate.

If elected, McCain will have to shut down every other crisis on his plate every time a new one arises.

Good thing he's not the only one running. I would rather have a president who can multitask. And use e-mail.

And do you really, REALLY think the far right conservative fringe is gonna support a bill they detest because McCain TOLD them to? I think it's far more LIKELY that McCain will RESIST the bill in yet another effort to pander to the right wing.

__________________
"If there is anyone out there who still doubts that America is a place where all things are possible, who still wonders if the dream of our founders is alive in our time, who still questions the power of our democracy, tonight is your answer."

--President-elect Barack Obama
November 5, 2008

I predicted this yesterday.

McCain is going to look pretty stupid when he arrives in D.C. and the problem is already solved.

Once again, one candidate panicked and said the world was collapsing, when it wasn't. One candidate remained presidential and calm.

McCain just looked desperate and impulsive.

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Man up.

He is working on the plan as a representative of his party because he believes it will not pass as it stands.

I don't understand why you are putting emphasis on the bill being "completed".

Here, I just came up with a new bill

1) Give 700 billion to me.

There I just finished a bill without anyones help in 5 seconds.

However, McCain's fans will tell you how statesmanlike he was by dropping everything and going to Washington. Never mind that the campaign "suspension" that he ballyhooed about appears to be bogus, since it appears that his attack ads continued to run.

Associated Press is running basically the exact same thoughts..

Deal said to be near on big financial bailout plan

WASHINGTON - President Bush is bringing presidential candidates Barack Obama and John McCain into negotiations on a $700 billion rescue of Wall Street as Democrats and Republicans near agreement on a bailout plan with more protections for taxpayers and new help for distressed homeowners.

Senior lawmakers and Bush administration officials have cleared away key obstacles to a deal on the unprecedented rescue, agreeing to include widely supported limits on pay packages for executives whose companies benefit.

They're still wrangling over major elements, including how to phase in the eye-popping cost - a measure demanded by Democrats and some Republicans who want stronger congressional control over the bailout - without spooking markets. A plan to let the government take an ownership stake in troubled companies as part of the rescue, rather than just buying bad debt, also was under intense negotiation.

A bipartisan meeting was set for Thursday to begin drafting a compromise, which top Democrats said they hoped could pass within days.

The core of the plan envisions the government buying up sour assets of shaky financial firms in a bid to keep them from going under and to stave off a potentially severe recession.

Even as political figures haggled over the shape and price of the bailout, new economic indicators showed that orders for big-ticket manufactured goods plunged in August by the largest amount in seven months and that new applications for unemployment benefits were at their highest level in seven years.

And new home sales tumbled in August to the slowest pace in 17 years, while the average sales price fell by the largest amount on record. It served to further dramatize the problem that Washington is trying to solve.

On Wall Street, stocks initially rose Thursday on optimism about the deal but a credit market squeeze remained as doubts about the proposed plan's effectiveness drove demand for short-term, safe-haven assets.

Bush acknowledged in a prime-time television address Wednesday night that the bailout would be a "tough vote" for lawmakers.

But he said failing to approve it would risk dire consequences for the economy and most Americans.

"Without immediate action by Congress, America could slip into a financial panic, and a distressing scenario would unfold," Bush said as he worked to resurrect the unpopular bailout package. "Our entire economy is in danger."

Bush's warning came soon after he invited Obama and McCain, one of whom will inherit the economic mess in four months, as well as key congressional leaders to a White House meeting Thursday to work on a compromise.

With the administration's original proposal considered dead in Congress, House leaders said they were making progress toward revised legislation that could be approved.

Rep. Barney Frank, D-Mass., who has led negotiations with Treasury Secretary Henry Paulson on the package, said that given the progress of the talks, the White House meeting was a distraction.

"We're going to have to interrupt a negotiating session tomorrow between the Democrats and Republicans on a bill where I think we are getting pretty close, and troop down to the White House for their photo op," said Frank, the House Financial Services Committee chairman. "I wish they'd checked with us."

Paulson and Federal Reserve Chairman Ben Bernanke have been crisscrossing Capitol Hill in recent days, shuttling between public hearings on the proposal and private meetings with lawmakers, to sell the proposal.

Obama and McCain are calling for a bipartisan effort to deal with the crisis, little more than five weeks before national elections in which the economy has emerged as the dominant theme.

"The plan that has been submitted to Congress by the Bush administration is flawed, but the effort to protect the American economy must not fail," they said in a joint statement Wednesday night. "This is a time to rise above politics for the good of the country. We cannot risk an economic catastrophe."

Presidential politics intruded, nonetheless, when McCain said earlier Wednesday he intended to return to Washington and was asking Obama to agree to delay their first debate, scheduled for Friday, to deal with the meltdown.

Obama said the debate should go ahead.

Lawmakers in both parties have objected strenuously to the rescue plan over the past two days, Republicans complaining about federal intervention in private business and Democrats pressing to tack on more conditions and help for beleaguered homeowners.

Former President Clinton said Thursday that one thing lawmakers must avoid is any bill that effectively rewards bad judgments and dangerous risk-taking among financiers.

"You have to be careful not to have unjust enrichment," he said on CBS's "The Early Show."

But many in both parties said they were open to legislation, although on different terms than the White House has proposed.

Some partisan sticking points remain.

Democrats are pushing to allow bankruptcy judges to rewrite mortgages to ease the burden on consumers who are facing foreclosure - a nonstarter for Republicans.

Democrats acknowledge privately that the provision will almost certainly be dropped in the interest of a bipartisan deal. Obama told reporters it's "probably something that we shouldn't try to do in this piece of legislation."

Democrats also want any potential proceeds the government reaps from the bailout to go to a fund designed to pay for housing for poor families. Many Republicans oppose the very existence of the fund, which they say is a backdoor means of funneling money to liberal political groups.

Democratic demands that Congress be given greater authority over the bailout and that the government be required to help homeowners renegotiate their mortgages so they have lower monthly payments already have been accepted in principle.

Under the bailout bill, which will let the government buy huge amounts of toxic mortgage-related assets, "we're now the biggest mortgage holder in town, and we can do serious foreclosure avoidance," Frank said.

Source: http://news.yahoo.com/s/ap/20080925/...ncial_meltdown


Goodness i could do this all day, he's not needed parties on both sides of the isle have said it would be more of a distraction. McCain is playing politics to the highest degree.. What happened to him suspending his campaign? Although he delivered a campaign speech this morning. Again McCain doesn't know where he stands. Remember " The fundementals of the economy are strong"

__________________
You're not to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who does it or says it.
-Malcolm X-

If we have the courage and tenacity of our forebears, who stood firmly like a rock against the lash of slavery, we shall find a way to do for our day what they did for theirs.
-Mary McLeod Bethune-