John McCain

McCain Suspends Campaign to Focus on Economy

John McCain just released a statement suspending his campaign, effective Thursday morning, to focus on resolving the economic crisis. Here are his remarks. 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 …

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Kevin Hassett: “Democrats Created the Financial Crisis”

Yesterday director of economic-policy studies at the American Enterprise Institute and Bloomberg News columnist Kevin Hasset reported at Bloomberg.com that Democrats are the ones who created the current financial crisis that we find ourselves in as a nation. According to his commentary, Fannie Mae and Freddie Mac “exploded” and injured many bystanders (some fatally). “Take away …

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