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McCain Gamble Forces Both Noms' Hands

Posted Sep 25, 08 8:36 AM CDT in Opinion Politics 

(Newser) – John McCain’s dramatic suspension of his campaign has propelled himself and Barack Obama to positions of leadership in the financial crisis, writes Michael Cooper in the New York Times, ending their attempts “to float above” the bailout. But now, as members of their parties look to them, their decisions can affect not just presidential campaign politics, but the bailout itself.

McCain is hoping that his gambit will play into his message that he is a country-first patriot,  writes Dan Balz in the Washington Post, but the potential for backlash is massive--both in Washington and with voters. By injecting himself into the hugely risky crisis bailout, McCain chances being seen as "reckless," and an "impetuous and struggling politician that complicated efforts to deal with the biggest financial crisis in more than half a century."
Sources: New York Times, Washington Post

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House Speaker Nancy Pelosi of Calif, center, hosts a meeting with Treasury Secretary Henry Paulson, second from left, to discuss the economy, Tuesday, Jan. 22, 2008, on Capitol Hill in Washington. From...   (AP Photo)
Republican presidential candidate Sen. John McCain, R-Ariz., delivers a statement to the traveling press corps in New York, Wednesday, Sept. 24, 2008,   (AP Photo/Gerald Herbert)
Democratic presidential candidate Sen. Barack Obama, D-Ill. speaks during news conference in Clearwater, Fla., Wednesday, Sept. 24, 2008. In response to Republican John McCain's statement Wednesday that...   (AP Photo/Chris Carlson)
John McCain delivers a statement to the traveling press corps in New York, Wednesday, Sept. 24, 2008.   (AP Photo/Gerald Herbert)
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I guess I wouldn't want to be in either of their shoes. - Bruce Bartlett, former Treasury Dept. economist

This is the day the McCain-reform Republican Party began to truly emerge as a movement which puts country first, solutions first, and big change first. - Newt Gingrich, former Republican House Speaker

McCain thinks he learned with Palin that shaking things up when you are falling behind can pay off. It did then, albeit briefly.
It won't now. - Mark Mellmann, Democratic pollster

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