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That may be because McCain took a frenetic, borderline erratic approach to the crisis, thrusting himself into the negotiations to very little effect. First he announced that he would suspend his campaign to salvage the bailout talks and would skip the first presidential debate unless negotiators hammered out a deal--although he didn't seem to suspend much, and the talks had been going pretty well without him. They blew up only after he dragged the circus of presidential politics back to Washington and left the impression that he agreed with House Republicans who opposed the deal. Then McCain announced...

Author: /time Magazine | Title: How They Failed Us | 10/2/2008 | See Source »

...sensitivity of Arapahoe voters to economic changes makes them unusually pragmatic. Although generally frugal about government spending, they support high levels of education funding across party lines and voted to suspend the Taxpayers' Bill of Rights that Colorado adopted in the 1990s after the measure gutted many public services. Like most other Coloradans, Arapahoe residents spend a lot of time in their cars and trucks. As gas prices skyrocketed, politicians have scrambled to respond. Both Obama and Democratic Senate candidate Mark Udall altered their stands on offshore drilling over the summer. And one of the McCain ads in heavy rotation...

Author: /time Magazine | Title: Can Obama Turn Colorado Blue? | 10/2/2008 | See Source »

...September, the plan was disrupted by real-world events. The financial crisis now knocking over banks and rocking the world economy forced McCain to shift gears. His big gambit - suspend the campaign and return to Washington - was undercut from two sides. First, upon arriving he found he had very little power to win votes for the deal or shape the negotiations. In fact, House Republicans voted against the initial package he supported by a margin of 2 to 1. Second, many viewed his decision to suspend his campaign as little more than yet another gimmick designed to grab press attention...

Author: /time Magazine | Title: What's Behind McCain's Nosedive | 10/1/2008 | See Source »

...More than any individual member on Capitol Hill, no one has more to lose in this debacle than John McCain. By claiming to suspend his campaign and pledging to help bring House Republicans on board, McCain put much of his political capital on the line - to the point that his staff were already claiming credit for the legislative coup Monday morning on the assumption that it would pass. "This is very bad for McCain," said Clyde Wilcox, a government professor at Georgetown University. "So he interrupts his campaign to fly to Washington to deliver a deal, and then cannot deliver...

Author: /time Magazine | Title: Anatomy of a Legislative Meltdown | 9/30/2008 | See Source »

...often happens in moments of crisis, the candidates were themselves, only more so. McCain was the action hero, who promised to do the brave, hard things that no one else could. Fire the SEC Chairman! Suspend the campaign! Let's Make a Deal! He was a human diorama of the Great Man theory of history. Of course, getting credit for bringing all parties to the table to reach a historic agreement that pretty much everyone hates may make him wonder if action is overrated, especially after his campaign's self-congratulatory statements ended up being premature. Even with stakes higher...

Author: /time Magazine | Title: The Candidates' Test of Leadership | 9/30/2008 | See Source »

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