The first presidential debate between Republican John McCain and Democrat Barack Obama remained in doubt Friday, the very day it was to be held, embroiled in the same partisan divisions that were holding up a Wall Street bailout plan.
Obama said he intended to travel to the University of Mississippi in Oxford, where the debate had long been scheduled to begin at 9 p.m. EDT. McCain, who had proposed delaying the contest so the two presidential hopefuls could help negotiate an economic rescue plan, wouldn't commit.Read More
Even for a party whose president suffers dismal approval ratings, whose legislative wing lost control of Congress and whose presidential nominee trails in the polls, it was a remarkably bad day for Republicans.
A White House summit meeting on Thursday meant to shore up John McCain's shaky campaign "devolved into a contentious shouting match." And that's how McCain's own campaign described it.Read More
All in all, it would have been better if John McCain and Barack Obama had stayed out on the trail and kept on campaigning.
But McCain, in what seemed an impulsive gesture, announced he was suspending his campaign to fly back to Washington -- first stopping to confer with CBS's Katie Couric -- to broker a compromise on the bailout package.Read More
Is paying taxes patriotic?
Joe Biden thinks so. The Democratic vice presidential nominee said so during a recent television interview, responding to criticisms of a proposed tax hike on America's richest earners. They should pay more, Biden said, during a time of national instability. "It's time to be patriotic ... time to jump in, time to be part of the deal, time to help get America out of the rut."Read More
John McCain and Barack Obama say presidential politics should have no role in the government's efforts to save the crippled financial system.
A grainy YouTube video surfaced Wednesday showing Sarah Palin being blessed in her hometown church three years ago by a Kenyan pastor who prayed for protection from "witchcraft" as she prepared to seek higher office.Read More
The McCain campaign is speaking for the Alaska state government these days, especially when it wants to ensure that nothing embarrassing about Gov. Sarah Palin emerges before Election Day.Read More
When the history of campaign 2008 is written, the single pivotal event of that nearly two-year slog may be the Wall Street meltdown and the associated taxpayer bailouts and effective nationalization of mortgage underwriting.Read More
With Wall Street in turmoil and the economy in shambles, whichever presidential candidate convinces a swath of persuadable voters that he gets it — and can be trusted to lead the country back to fiscal stability — could well win the White House.Read More
Almost up until the time it was taken over by the government in the nation's financial crisis, one of two housing giants paid $15,000 a month to the lobbying firm of John McCain's campaign manager, a person familiar with the financial arrangement says.
The money from Freddie Mac to the firm of Rick Davis is on top of more than $30,000 a month that went directly to Davis for five years starting in 2000.