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John McCain Suspends Presidential Campaign

Republican John McCain has suspended his Presidential campaign to return to Washington, D.C. and the Senate to try and iron out the $700 billion bailout bill that is starting to face serious troubles and additions.

Here is what McCain said just hours ago in a released statement:

Tomorrow morning, I will suspend my campaign and return to Washington after speaking at the Clinton Global Initiative. I have spoken to Senator Obama and informed him of my decision and have asked him to join me.

I am calling on the President 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.

We must meet as Americans, not as Democrats or Republicans, and we must meet until this crisis is resolved.I am directing my campaign to work with the Obama campaign and the commission on presidential debates to delay Friday night's debate until we have taken action to address this crisis.

I am confident that before the markets open on Monday we can achieve consensus on legislation that will stabilize our financial markets, protect taxpayers and homeowners, and earn the confidence of the American people. All we must do to achieve this is temporarily set politics aside, and I am committed to doing so.

This is a very body and risky move for the Maverick.  It will either pay off with a win in November or it could backfire Barack Obama all the way to Pennsylvania Avenue.   I think both Senators should be in D.C. until Monday morning to figure out this extremely important financial bailout plan.

I believe the debate will happen Friday in Oxford.  Too much planning has gone into it for it to be canceled.  I also believe McCain knows this and knew before there would be no chance of it being cancelled.  So therefore he asked knowing the result before hand.  Rough and tumble politics as usual.

Follow Joshua Holmes on Twitter @Bayou or Bumpshack @Bumpshack
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