September 25th, 2008
05:46 PM ET
6 years ago

Bailout meeting ends; Bush says group will continue work

Barack Obama, right, attends a meeting at the White House with President Bush, John McCain and other politicians.
Barack Obama, right, attends a meeting at the White House with President Bush, John McCain and other politicians.

WASHINGTON (CNN)- Sen. John McCain and Sen. Barack Obama both left President Bush's financial bailout meeting at the White House after 5 p.m.

Thursday without making statements to reporters gathered there. Officials said Obama will make a statement later at the Mayflower Hotel. There was no immediate word from the McCain camp.

Watch: How does the bailout affect you?

Dana Perino, White House press secretary, released a statement from Bush saying: "The president appreciates the bipartisan members of the congressional leadership and the two presidential candidates coming to the White House today to discuss how to finalize the financial rescue package.

Watch: Bush counselor says White House is getting closer to deal with Conress

There is a clear sense of urgency and agreement on the need to stabilize the financial markets, and
prevent a massive financial crisis from affecting everybody in America."

The statement went on to say that the group will continue to work on a deal.


Filed under: Candidate Barack Obama • John McCain
soundoff (193 Responses)
  1. Tejano

    the Debate must go on. I mean the show must go on. Let's have the Liberal Obama debate the Marxist Obama. He can switch sides on each answer. Just pretend he is in Pennsylvania for one answer than
    Seattle on the next one. This should be fun. Better than SNL.

    September 25, 2008 06:30 pm at 6:30 pm |
  2. Susan

    I don't want a major player of the Keating 5 scandal having any input whatsoever in resolving this crisis. John McCain didn't learn anything from that except how to be a more effective crook.

    September 25, 2008 06:31 pm at 6:31 pm |
  3. Jack

    I don't know much of economics, but why don't they bellout those people that have mortages of 250,000 and under?. This would pay the banks and then the people who have no more mortgages to pay would have $ to put back into the economy. Why bellout the "big" guy and not the little guys!!!!

    September 25, 2008 06:31 pm at 6:31 pm |
  4. Jesus Praising & Freedom Loving Patriot

    DEBATE! YES! BE A MAN OF YOUR WORD, MCCAIN!

    DON't WORRY, YOUR MONEY WON'T MISS YOU FOR A COUPLE OF HOURS!

    September 25, 2008 06:31 pm at 6:31 pm |
  5. Kate, NV

    McCain did nothing else but make a mess of all this. They were almost ready to sign a deal (that would help taxpayers too) and he stepped in and made it more of a circus than a caucus.

    McCain is only making things worse and avoiding the debate over this is just ridiculous. Current Presidents running re-elections in the middle of wars still continued with a debate!

    Who does McCain think he is?! What an arrogant son of a B. I just can't stand this man. He says to trust him and that he keeps his commitments. McCain cancels with Letterman and instead meets with Couric (sneaky). Says he suspended his campaign but the ads are still rolling and his campaign on the ground is still in motion. McCain is such a phoney, fake and a liar. I can't trust him as far as I can through him. Get out of here NOW!!!! I'd rather keep Bush for another 4 years than this idiot.

    September 25, 2008 06:32 pm at 6:32 pm |
  6. KATHLEEN

    I think only the good Republicans, if there are any, should "jump ship",
    really quick. Yes, we would like a non corrupt government working towards peace, fairness and, please, reinstate the United States Constitution!!!!!. The rules are simple, every American has rights,
    which have been terrible abandoned by this current government!!!!!!

    Yes, the good ole United States Constitution. Can we find lawmakers
    that follow those rules to a tee.

    Obama taught the UNITED STATED CONSTITUTION.

    Obama Biden 2008

    September 25, 2008 06:32 pm at 6:32 pm |
  7. Chumperella

    What is with these GOP posters who say Obama is somehow not putting "country first" by wanting to debate AND resolve the financial crisis?

    Do you honestly believe that McCain is spending every single waking second working feverishly on legislative text for a bailout bill? Do you honestly believe that two presidential candidates cannot spare ONE evening to fly to a debate to lay out their specific plans for leading the country for the next four years? Do you honestly believe it's impossible to walk and chew gum at the same time?

    September 25, 2008 06:32 pm at 6:32 pm |
  8. pam Eugene OR

    You got you lousy photo op McCain. Now get back to the debates you coward.
    You aren't fooling anyone.
    Obama for truth

    September 25, 2008 06:32 pm at 6:32 pm |
  9. Jesus Praising & Freedom Loving Patriot

    Scott L "Obama and Biden….let's debate Friday even though our country needs us Morons…"

    Nobody need McCain.

    September 25, 2008 06:32 pm at 6:32 pm |
  10. PCS / North Carolina

    Unpatriotic American's will vote for the GOP. ANOTHER 4YR LIKE THE LAST 8YRS. We will decide our destiny on Nov 4th. This is our last chance to get out of this mega mess.

    If you like the following please vote for GOP =the party of relegious fanatics, the party of filthy rich, the party of red necks.
    1- Iraq war – the Quagmire
    2- The Economy – housing buble, credit crisis, job out sourcing,
    3 – Health care Crisis – 49 million uninsured, balance billing, deductibles, co-pays, net work-out of net work mess

    September 25, 2008 06:33 pm at 6:33 pm |
  11. KB from Phoenix, AZ

    McCain and drama seem to go hand in hand this last year...just a precursor to what we would have to look forward to if he's elected.

    I'm fired up...ready to go and vote for Obama!

    September 25, 2008 06:33 pm at 6:33 pm |
  12. Tejano

    Want to Move from America. Let me pay for it. How and when do you want to leave. You probably don't contribute a penny to our economy and didn't serve in the military nor will your children ever do the same.
    Go ahead and leave. i would rather have 100 working illegal mexicans than one of you free loaders breathing the air of liberty in America. Take your Socialist/Marxist candidate with you.

    September 25, 2008 06:33 pm at 6:33 pm |
  13. pam Eugene OR

    This will not be the first debate McCain skipped out on. He did the same thing in 2000.
    PLEASE print this CNN and stop moderating me so much

    September 25, 2008 06:36 pm at 6:36 pm |
  14. FreeNLovIt

    I cant believe I live to see the Fall of America. This is soooo sad. God help us.

    September 25, 2008 06:36 pm at 6:36 pm |
  15. Dan

    in stead of kicking out 700 billion dollars to bail out the banking industry maybe the federal government should figure out how to get back all the decent paying jobs that the states have lost to NAFTA , then maybe these people that were given these loans could pay these morgages they were given,

    September 25, 2008 06:37 pm at 6:37 pm |
  16. PCS / North Carolina

    Dave, Illinois September 25th, 2008 6:17 pm ET

    "Who cares what Obama has to say. He is still campaigning. McCain is putting country first as usual."

    This is the problem. WE DO NOT CARE ABOUT WHAT OTHERS THINK, OR HAVE TO SAY. GO AHED VOTE gop AND GET READY FOR THE ARMAGADDON.

    September 25, 2008 06:37 pm at 6:37 pm |
  17. Remy

    McCain's Republican party destroyed the economy. Now McCain try to fool the people by showing as a savior. So, far Mccain never admitted the faults of Bush administration but he voted with Bush 90%, thus McCain is also responsible for the current turmoil.

    This is fun and idiotic!

    September 25, 2008 06:37 pm at 6:37 pm |
  18. Debby

    Oh Toobin shut up you are the most miserable analyst on CNN. Your contribution is so hateful. No wonder you are a crummy lawyer.

    September 25, 2008 06:37 pm at 6:37 pm |
  19. PALIN can I ask you a question? Yes, after the election

    Video conferencing could have gotten more accomplished and could have saved Obama and McCain tons of time and money. I agree with Obama this is a easy multitask item using modern technology.

    OOOps I forgot, McCain doesn't know how to send an email forget about using video communication equipment.

    September 25, 2008 06:37 pm at 6:37 pm |
  20. Tim

    Let's Debate and not stall. America need to hear from the next President because we have heard enough from the current one! DON"T RUN FROM THE DEBATES and hide out in Washington with the good ole political buddies.

    Let's Go Obama! Yes We Can!

    September 25, 2008 06:37 pm at 6:37 pm |
  21. FL4OB

    Scott L,
    McCain and Palin...let's create another gimmick Friday even though our country needs stability now.

    Moronic ploy, indeed...

    September 25, 2008 06:38 pm at 6:38 pm |
  22. Paj2000

    The American People want everyone to focus fixing the economy.. McCain and Obama need to show us what type of leaders you can be and solve this problem... STOP telling us what you will do and do something.....A REAL LEADER WOULD STAND UP AND MAKE SOMETHING HAPPEN.....Would the RIGHT "President "please stand up!!!

    September 25, 2008 06:38 pm at 6:38 pm |
  23. Larry Confused

    Where will I read about Sen Joe Biden??? All his gaffes keep him busy away from Washington....

    September 25, 2008 06:38 pm at 6:38 pm |
  24. pat

    I am voting for Barack Obama. John McCain is not the solution he is the problem. If McCain had been doing his job for the last 20 plus years we as a country would not have these problems. I listened to Katie Couric interviewing Sarah Palin last night and Sarah could not come up with one thing John McCain has done thats good.

    September 25, 2008 06:38 pm at 6:38 pm |
  25. The Media is the Enemy

    I've always tried my best to be politically correct in these blogs, but no more. I'm 54. I saw Kennedy murdered. I saw King killed. I saw McCain get away with a slap on the wrist for the Keatiing 5 scandal. I witnessed Bush steal an election. Now I have a ringside seat watching you all spin Obama's superior qualities, character and ability into somehow being too smart and cool headed. I'm watching as you say he's not the guy you want to have drinks with (who wants to see the president in a local bar pounding shots?). Watching as you say Sarah Palin is in the same league even though she took 6 years and 5 schools to finish a 4 year program (some do it in 3 you know) So, I have to say this: If you white people don't elect Obama, you're racist and idiotic and this country deserves what it gets.

    September 25, 2008 06:39 pm at 6:39 pm |
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