He did what?!?!?

John McCain announced on Wednesday that he is suspending his campaign for the presidency ... and is asking Democratic nominee Barack Obama to cancel Friday night's debate so he can work on a solution to the economic crisis.

Are you shittin' me? Um no.
Mr. McCain made the call after spending more than an hour preparing for Friday’s debate at the Morgan Library and Museum — which, by coincidence, is where J. Pierpont Morgan bailed the country out of the great financial panic of 1907 by locking the leading bankers of the day in his library and forcing them to come up with a rescue plan. Mr. McCain also cancelled a planned appearance on “Late Night With David Letterman.” He made the statement about returning to Washington to a small pool of reporters at his hotel in midtown Manhattan in front of a blue curtain and two American flags, reading from a Teleprompter. He took no questions.
Is this just his way of getting out of a debate he's not prepared for? Is he trying to do this to make Obama look cold (knowing that he wouldn't also suspend his campaign?) Really. I have no friggin' clue on this.

Anyone want to tackle this for me?