Phew. Forty days left you say? OK, here's where we are at the moment with the tangled web of the state of the debate, the economy, McCain's campaign suspension:

  • Both candidates spoke this morning at the Clinton Global Initiative. McCain appeared live and Obama via satellite. McCain's speech is set to be his last official campaign appearance before returning to Washington to participate in the economic proceedings on the Hill saying, "The debate that matters most right now is taking place in the United States Capitol and I intend to join it."


  • McCain's speech focused on the economy calling the $700 billion bailout a "staggering amount" and saying "I'm an old Navy pilot and I know when a crisis calls for all hands on deck. I cannot carry on a campaign as though this dangerous situation had not occurred, or as though a solution were at hand, which it clearly is not."
  • Not everyone appreciates McCain's plan, Letterman included, and Democrats have said the following: “I thought we were trying to rescue the economy, not the McCain campaign,” said Rep. Barney Frank, “This notion of rushing to Washington and grandstanding — it’s silly, it’s impulsive, it’s erratic,” said Massachusetts Sen. John Kerry, and “With all due respect to my friend John McCain, we’re doing just fine,” said Senate Majority Leader Harry Reid.

There's so much more. To see Obama's response, and the fate of the debate, read more.

  • Barack Obama appeared via satellite at the Clinton Global Initiative after lobbing some pointed criticism at McCain's suspension saying, "Part of the president’s job is to be able to deal with more than one thing at once.”
  • Obama's speech summed up his position on McCain's suspension: "Later today, I’ll be traveling to Washington to offer my help in getting this deal done. Then, I’ll travel to Oxford on Friday for the first of our presidential debates. Our election is in 40 days. Our economy is in crisis, and our nation is fighting two wars abroad. The American people deserve to hear directly from myself and Senator McCain about how we intend to lead our country. The times are too serious to put our campaign on hold, or to ignore the full range of issues that the next president will face."
  • Both candidates will be meeting with the president later this afternoon, at 4 p.m. EDT, and the fate of the debate could be decided today.

Forty days left! What do you make of all this?


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