[StBernard] John McCain's Remarks on the Economic Crisis

[Westley Annis]

Westley,
 
I think this is just "GREAT" what McCain is proposing...put politics aside
for now.  This should be posted.
 
John Scurich


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John McCain's Remarks on the Economic Crisis 
New York, NY 
Wednesday, September 24, 2008 

America this week faces an historic crisis in our financial system. We must
pass legislation to address this crisis. If we do not, credit will dry up,
with devastating consequences for our economy. People will no longer be able
to buy homes and their life savings will be at stake. Businesses will not
have enough money to pay their employees. If we do not act, ever corner of
our country will be impacted. We cannot allow this to happen. 

Last Friday, I laid out my proposal and I have since discussed my priorities
and concerns with the bill the Administration has put forward. Senator Obama
has expressed his priorities and concerns. This morning, I met with a group
of economic advisers to talk about the proposal on the table and the steps
that we should take going forward. I have also spoken with members of
Congress to hear their perspective. 

It has become clear that no consensus has developed to support the
Administration's proposal. I do not believe that the plan on the table will
pass as it currently stands, and we are running out of time. 

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. 

Following September 11th, our national leaders came together at a time of
crisis. We must show that kind of patriotism now. Americans across our
country lament the fact that partisan divisions in Washington have prevented
us from addressing our national challenges. Now is our chance to come
together to prove that Washington is once again capable of leading this
country.