Quick Hit: McCain suspends campaign, calls for Obama to do the same

Due to the looming financial crisis and recently proposed bailout plan, McCain just announced he will be suspending his campaign.

Republican presidential candidate John McCain announced Wednesday that he is suspending his campaign to return to Washington and focus on the “historic” crisis facing the U.S. economy. McCain said it was time for both parties to come together to solve economic crisis.
The Arizona senator called on his Democratic rival, Barack Obama, to do the same.The Obama campaign announced that Obama would make a statement shortly.He also urged organizers of Friday’s presidential debate at the University of Mississippi to postpone the event.
“I am calling on the president to convene a meeting with the leadership from both houses of Congress, including Senator Obama and myself,” McCain told reporters in New York. “It is time for both parties to come together to solve this problem.”
It was not immediately clear how extensive the suspension he announced would be — whether it would include dropping television advertising or just canceling scheduled appearances. McCain took no questions after reading his statement.

Via CNN
More at Think Progress
UPDATE: You can vote on whether or not you think the debate should be postponed.
UPDATE II: Obama says he will continue with the debate as planned.

“It’s my belief that this is exactly the time when the American people need to hear from the person who in approximately 40 days will be responsible for dealing with this mess,” Obama said in a news conference in Clearwater, Fla. “It’s going to be part of the president’s job to deal with more than one thing at once.”