IgniteCAST.com Video – John McCain’s concession speech

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Wednesday, 5 November 2008

(original feed)

John McCain addresses the 7,000 supporters who had crammed into the Biltmore Hotel and congratulates Barack Obama on his election victory.

“Senator Obama and I have had and argued our differences,” he said. “No doubt those differences remain. But these are difficult times for our country. And I pledge to him tonight that I will help him lead us through the many challenges that we may face.”

“I urge all Americans to join me in not just congratulating him, but in offering our next president our goodwill and encouragement in finding ways to come together, to find the necessary compromises to settle our differences, to help restore our prosperity, defend our security in a dangerous world and leave our children and grandchildren in a stronger better country than we inherited.”

Watch the whole speech here

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McCain suspending campaign, wants to delay debate

By Sam Youngman

Republican presidential candidate John McCain said Wednesday he is suspending his campaign, and he is asking Democratic rival Barack Obama to join him in trying to postpone Friday night’s debate so that both candidates and both parties can focus on a solution to the Wall Street crisis.

In prepared remarks for a speech in New York City, McCain said he is calling on President Bush to convene a meeting with leadership from both the House and the Senate, including the two presidential nominees, in order to work toward a solution.

“We must meet as Americans, not as Democrats or Republicans, and we must meet until this crisis is resolved,” McCain said. “I am directing my campaign to work with the Obama campaign and the Commission on Presidential Debates to delay Friday night’s debate until we have taken action to address this crisis.”

Bush is planning to address the nation about the financial crisis and his administration’s proposed $700 billion bailout Wednesday night.

McCain said that after speaking with economic advisers and members on the Hill and listening to Obama’s thoughts, “It has become clear that no consensus has developed to support the administration’s proposal.
“I do not believe that the plan on the table will pass as it currently stands, and we are running out of time,” McCain said.