From The Road
September 24, 2008 7:07 PM

Obama, Biden React After McCain's Announcement

(CBS)
From CBS News’ Ryan Corsaro:

(JEFFERSONVILLE, IND.) - Within an hour of John McCain’s announcement that he was suspending campaigning and asked for a postponement of this Friday’s presidential debate, Barack Obama and Joe Biden were working to explain the curious chain of events that led from a private request for a joint announcement on the economy to an invitation for Obama to play follow the leader and tagalong with McCain in returning to Washington to work on economic woes.

CBS News’ Maria Gavrilovic reports that Obama was noticeably cool and calm today in Clearwater, Fla., when he addressed questions from the media about McCain’s announcement. By all indications, Obama was surprised by McCain’s sudden decision which was made only ten minutes after the presidential candidates had spoken on the telephone.

At approximately 2:30pm ET, McCain had returned Obama’s telephone call to discuss the possibility of issuing a joint statement of unity regarding Wall Street’s financial woes. Obama said that McCain had agreed to the statement, but that he has also suggested that they suspend the presidential debate.

“What I suggested to him was, ‘Well, why don't we get the joint statement out first and our staffs will discuss this?’” Obama explained adding, “I think the only -- the only possible miscommunication might have been how quickly there was announcement and somebody was on television. I think probably my assumption was, was that the joint statement would go out initially.”

Obama added, “With respect to the debates, it’s my believe that this is exactly the time the American people need to hear from the person who in approximately forty days will be responsible for dealing with this mess and I think that it is going to be part of the presidents job to deal with more than one thing at once. And I think there’s no reason why we can’t be constructive in helping to solve this problem and also tell the American people what we believe and where we stand.”

Meantime, here in Indiana, Biden gave his version of the phone conversation and said McCain agreed with Obama’s suggestions about the economy.

“Ladies and gentlemen, notwithstanding the fact we have fundamental differences with John McCain, Barack Obama, who really is an agent of change, Barack Obama this morning reached out to John McCain. And he held a -- reason I was a few minutes late coming out here - Barack was holding a press conference for the whole world to see, where he was pointing out, he reached out to John McCain and he invited Senator McCain to join him in joining on four major components of what any, any rescue plan should have,” said Biden.

“He said first, and they agreed, first -- oversight and accountability for how this money, no matter how much money it is -- your money, not somebody else's money, your money - oversight in how it's going to be spent. We want [an] independent board to provide accountability for how this money's spent every step of the way. John McCain agreed. Secondly, if the American taxpayers are financing, financing this solution, they should be treated like investors. And that means if Wall Street makes money, every single penny comes back to the American taxpayer. Every single penny. Third, they agreed on a third point. We cannot and we will not simply bail out Wall Street without helping the millions and millions of innocent homeowners who are struggling to stay in their homes. They deserve a plan that works for them, too. And finally, and finally they agreed that the American people should not be spending one dime, not one thin dime to reward the CEOs on Wall Street,” said Biden.

Biden’s took the high road on the situation, saying, “Talk about reaching across the aisle -- how many other nominees would pick up the phone in a tightly contested race and call the opponent and say, this is too important for America. We should stand together and we should agree,” said Biden of Obama, putting a happy face on a development.

“That's the guy you are going to elect president of the United States of America!”

He did not give any assessment of the announcement McCain ultimately made.

When asked if the campaign senses some insidiousness on McCain’s part, an Obama campaign official said “it’s going to be up to the Americans to decide if this was insidious or not. Seems calculated.”

The official also added that McCain had a meeting with a former Hillary supporter this morning, yet did not return Obama’s call until around six hours later. “So you know he was busy,” the official said sarcastically.
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Obama ,
Biden
Topics:
Campaign '08
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Add a Comment See all 58 Comments
by bellaanna-2009 September 27, 2008 12:19 PM EDT
Now we aee who can run this country...........John McCain
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by bellaanna-2009 September 26, 2008 1:31 AM EDT
Obama ...............740 million in EARMARKS in 3 years.
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by bellaanna-2009 September 26, 2008 1:29 AM EDT
John McCain drops everything, goes to Washington to take care of the job he was voted on to do. Obama? Well, like some doctor''s I know, call me if you need me........his way of not voting again.. voting record shows he missed 295 votes this year, that is 45.9% during the current congress.
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by bellaanna-2009 September 26, 2008 1:25 AM EDT
Can you believe how positive Bill Clinton is about Sarah Palin and her husband? four times this week I have watched him on T.V. say great things about them...how about that???? you do remember old Bill don''t you??
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by bellaanna-2009 September 26, 2008 1:20 AM EDT
Poor Joe Biden, first he tells Katie Curic that they should not have run the ad about McCain,said "I think that was terrible" then he can''t remember who was president in 1929, then he tells Chuck Graham to stand up and the guy is in a wheelchair, makes me feel so sorry for him...guess Obama should have got Sarah Palin.
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by bellaanna-2009 September 26, 2008 1:15 AM EDT
Again McCain put''s his country first.
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by Harvybing September 25, 2008 10:42 PM EDT

BILL CLINTON AGREES WITH FOX NEWS ON CAUSE OF FANNIE MAE MELTDOWN - DEMOCRATS ACCORDING TO MR CLINTON

These 2 pages contain videos which are VERY TELLING INDEED. I Applaud President Clinton''s Brutal Honesty Here

Jim Angle Report:

http://www.youtube.com/watch?v=AHj8-HSi5AA&eurl=http://newsbusters.org/blogs/noel-sheppard/2008/09/25/fox-news-blames-democrats-financial-crisis-bill-clinton-agrees


ABC NEWS'' INTERVIEW WITH PRESIDENT CLINTON -
http://blogs.abcnews.com/politicalradar/2008/09/bill-clinton-do.html

New York Post Comments On Cause Of This Mess -
http://www.nypost.com/seven/09242008/postopinion/opedcolumnists/house_of_cards_130479.htm?&page=1
And The New York Post Agrees
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by paigeinpa September 25, 2008 6:59 PM EDT
McSame and Failin Palin are afraid to debate...period..and using this crises as a scrapegoat...

well heres a question to the man who, "voted with Bush''s policies 90% of the time"...so how does it feel to elp contribute to this MESS?!

stop ducking and dodging..

DEBATE
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by mdsaw1 September 25, 2008 12:48 PM EDT
Some differences between the two candidates became glaringly obvious in the light of their respective announcements. McCain seems to be the man of action who has the judgment to prioritize the multitude of tasks as an executive. On the other hand Mr. Obama wants to talk some more about the situation. Action or talk? Which does this country need more right now?

It appears that Mr. McCain does indeed put the country%u2019s best interests ahead of his own personal ambitions in contrast to Mr. Obama''''s opposite position. My feeling is that Mr. Obama may want to distance himself from what may be another unpopular bailout because he has no idea what steps to take to remedy this crisis. Simply put, the US Senate was in session for 143 days of Mr. Obama''''s first term when he announced the formation of committee to explore the possibility of his becoming U.S. President. A new hire at a Quick Lube would be unlikely to be promoted to manager with only 143 days of experience.

This country is in dire straits if the greatest leaders we can offer for president are Mr. McCain and Mr. Obama.
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by mikeant50 September 25, 2008 10:46 AM EDT
Does anyone but me find it a little strange that all this happens a week before the VP Debate? I see this as a attempt by the McCain campaign to delay or cancel the Biden-Palin debate, especially after that debacle of an interview with Katie Couric.
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by jmurrieta11 September 25, 2008 8:26 AM EDT
Has anybody noticed how McCain''s eyes are two different sizes?

McCain''s right eye was open at least twice as wide as his left eye last night.

This is a sign of brain damage.

Has McCain suffered from a stroke?

Why are the details of McCain''s tenuous health hidden from the public?

Another Ron Reagan Alzheimer''s event?
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by cacchgo September 25, 2008 7:58 AM EDT
Please reporters can we focus on the BIG issues!!! Let''s insist with our questions a need for fiscal responsibility regarding the $700 B bailout. I cannot undertsand how any leadership body could authorize spending this level of capital without prudent oversight and financial covenants restricting management payouts and measures to evaluate performance. I cannot even buy furniture or an IPOD on credit with and application asking for justification. The market (free-market society) has already indicated that the assets are equivalent to "junk bonds". How could you possibly permit "one man" to have control of an open check book and use this authority to pay unspecified amounts of money for bad assets?

Please, on behalf of the citizens of this country, please demand that reason return to government.

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by babooph September 25, 2008 6:08 AM EDT
Hey -the guy is 72-in poor health -grueling campaign-he needs some rest.
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by rangate September 25, 2008 5:12 AM EDT
The presidential debate should proceed as scheduled on Friday.The voters deserve to know the truth about the real McCain. Perhaps McCain is just afraid to match "his experience" and knowledge with that of Senator Obama. Let the voters be the judge of the most qualified candidate for president. I hope that everyone realizes by now that the only qualified one who can make a difference in America and in the world is Senator Obama. Vote for Obama!
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by manyamile September 25, 2008 4:52 AM EDT
Voters want and deserve to see these debates as scheduled.
This is a cynical, political ploy by McCain. His ruse is obvious. I have seen enough of McCain''s drama laden,***-shooting,delusional,erratic decision-making to know just how bad of a president he would be.At least he could show enough courage to step up to the podium and ask his running mate to do the same.He''s trying to put one over on the voter. Well this voter sees through it.
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by manyamile September 25, 2008 4:51 AM EDT
Voters want and deserve to see these debates as scheduled.
This is a cynical, political ploy by McCain. His ruse is obvious. I have seen enough of McCain''s drama laden,***-shooting,delusional,erratic decision-making to know just how bad of a president he would be.At least he could show enough courage to step up to the podium and ask his running mate to do the same.He''s trying to put one over on the voter. Well this voter sees through it.
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by tryhonesty September 25, 2008 4:05 AM EDT
McSAME needs to "set aside" 2 hours for the debates. Sorry to deflate your ego McSAME, you will make no difference in Washington this week or any other week you coward. McSAME and the RepubliCONs are COWARDS. Show up and be a man you moron. In my book you have conceeded LOSS in this debate, Obama will clean your clock!
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by everym-2009 September 25, 2008 3:38 AM EDT
John Mccain has a unique situation, his policies and lobbyist friends are responsible for this mess in the first place! He had an opportunity for over 20 years, to fight for regulation, oversight and less lobbyist influence in Washinton, but he chose to go with his republican party 90% of the time, which is a major reason for this debacle! This is just another political stunt by John Mccain to grab a spotlight! He and his party was for the Iraq War! Which has cost Americans taxpayers1 trillion dollars! He wants credit for a surge that is incomplete, but no credit for costing taxpayers 1 trillion dollars or for supporting going after Sadamm Hussein instead using the full might of our military, to go after Bin Laden!
His hindsight like the surge and stopping his campaign after the fact to fix his judgment errors in policy illuminates his inadequacies and ignorance! We need a proactive president who forsees major problems and have the wisdom to safeguard America''s interest!
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by fight4nv September 25, 2008 3:26 AM EDT
A lot of people watch the debates before making their decision of who to vote for. I am sick of hearing about the Democratic majority in congress - it is NOT enough of a majority to over ride anything! They still have to make stupid concessions to the Repubs to get anything passed (off shore drilling). The Repubs have been in power for years & years by an overwhelming majority. Stop blaming the Dems for everything & look in your own backyard.
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by janefondu September 25, 2008 3:18 AM EDT
Posted by oldwhiteguy1

And if the bill isnt passed and worked out but you had your foreign policy debate, WOOHOO! You''ll be back next week crying that your employer cant pay you since his payroll monies are now locked up in a bankrupt financial institution. Dumb Democrat!
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