Contact: Bob Sturm, 703-396-6974; after 6 PM Eastern, Bob Strum, 703-307-8176; Cynthia Chambliss, 703-930-5148

MANASSAS, Virginia, Sept. 25 /Christian Newswire/ -- Richard A. Viguerie, Chairman of ConservativeHQ.com, issued the following statement regarding the negotiations over the proposed Wall Street bailout:

"This bailout is something only a liberal Democrat could love. Conservatives are sick about this total cave-in by President Bush and the Senate Republicans. The proposed bailout would take us strongly toward a socialist America.

"In the last two days, Senator John McCain and the House Republicans have shown leadership to preserve America's free enterprise system.

"Today, Senator McCain is a hero to the American people. He is Horatio at the bridge."

NOTE TO EDITORS: Richard A. Viguerie pioneered political direct mail and has been called "one of the creators of the modern conservative movement" (The Nation magazine), one of the "conservatives of the century"(The Washington Times), and one of 2008's "top 25 influencers" among Republicans (NewsMax magazine). His latest book is Conservatives Betrayed: How George W. Bush and Other Big-Government Republicans Hijacked the Conservative Cause (Bonus Books).