September 27, 2008
Posted: 12:00 PM ET
Sen. Judd Gregg said he expects an agreement by Sunday.
Sen. Judd Gregg said he expects an agreement by Sunday.

WASHINGTON (CNN) – A New Hampshire senator who is helping negotiate a bailout agreement for the finance sector said Saturday he expects a single proposal to be hammered out by Sunday.

Judd Gregg of New Hampshire said the negotiating team planned to meet late Saturday afternoon.

"Senator (Chris) Dodd and I talked about this a lot and the basic understanding is that when we get in that room as principals we will stay there until we reach an agreement, or if we can't reach an agreement … we'll stay until we've done something" to address the issue "in a comprehensive and
effective way, hopefully," he said.

"The progress we're making is good and I can say with some confidence that we've basically moved this thing down the road a long way toward reaching an agreement," Gregg added.

He and Senate Minority Leader Mitch McConnell of Kentucky appeared together at a news conference where McConnell added, "The goal would be to announce an agreement tomorrow and have the vote on Monday."

Filed under: Congress


Sean   September 27th, 2008 4:20 pm ET

Obama will give 80 PERCENT, not everyone, a tax cut. More than enough money from the richest 20 % of Americans to fund his spending plans, if the OIL CEOS can part with their many homes, private jets and limos!

Larry   September 27th, 2008 4:10 pm ET

Since McCain ran the GOVERNMENT while Clinton was President too,he's run the whole thing the last 16 years to hear Democrats tell it,,he KNOWS how to have a good economy too.

If you're going to blame McCain for the last 8 years,then give him credit for the last 16 years.

McCAIN 08

The Nightingale Sings in Berkley Square   September 27th, 2008 4:01 pm ET

I guess while McCain is trying to work out a bipartisan deal, Obama will give a speech of hope and tomorrow.

Amazing.

Good old Obama. I would like him to talk about giving everyone a tax cut while paying down the national debt and the bailout.

ilandking   September 27th, 2008 4:00 pm ET

Lets tkae a look at what has happened.
1)Mccain suspends his campaign to run to Washington to give his 'expertise' (I use that term very very loosely) and to bring all parties together (Although based on last night he doesnt show any kind of respect for anyone thats opposed to him)
2) Talks stall. Mccain says he wont leave until something is done
3) Mccain leaves Washington to participate in the debate. Says he will be off to Washington afterwards( according to his advisor they were leaving shortly)
4) Mccain ends up in his party headquarters and decides to USE a phone to find out the progress…….

Im sorry but couldnt he have just skipped the BS in 1,2, and 3 and just have done 4 as Obama had said from the beginning…..Funny how things turn out when someone is just right!

No Hillary = No Obama   September 27th, 2008 3:55 pm ET

Bush's legacy will be a government run by crisis, long term financial committments placed on the backs of everyday Americans, the collapse of financial giants which have stood the test of time - up and thousands dead from a self-indugled military action. All this and Pelosi says "impeachment is off the table". Term limits are a must and terms for impeachment need to be expanded.

Isabella , Canada   September 27th, 2008 3:52 pm ET

McCain was clearly the better man in this debate , his answers were knowledgeable and straight to the point.
Obama was out of his depth and looked uncomfortable , several times he resorted to political thetoric instead of answering the questions.
It is a scary thought that Obama could become President , he lacks maturity and experience .
Hillary Clinton was the best candidate and now ,I believe , John McCain would be the better and safer choice.

Marc PDX   September 27th, 2008 3:38 pm ET

Obama is a better speaker and McCain is a better do-er. McCain is working on this problem in Washington today. Obama has gone to NC to resume his speaking tour.

J.C.   September 27th, 2008 3:38 pm ET

Wall Street is already plotting on profiting from the bailout plan. Even foreign corporations with US subsidiaries will get covered. If you think 700 billions will be enough, you will be in for a big surprise. Read New York Times for these reports.

PDXChick   September 27th, 2008 3:32 pm ET

Another story stated that McCain was planning on returning to DC for the crisis talks today, but when pushed as to why and what he would do, his campaign wouldn't respond. Later in the article McCain decided not to go after all.

What a joke. Like he'd be of any use to anyone there, given his zero understanding of economics.

Did it tick anyone else off last night when McCain kept talking about earmarks? What a hypocrit, when his own VP choice has one of the highest earmarks per capita for AK.

His bedtime stories about his travels and name dropping didn't impress me, it was laborious. Jim Lehrer (who Obama was referring to, poster who thought Obama was calling McCain 'Jim') was even trying to shut him up and he rudely kept talking. UGH! I wouldn't be able to stand listening to his hushed boy dreams, nor Palin's fish-wife screeching.

bk   September 27th, 2008 3:31 pm ET

Dodd should have nothing to do with this he is the number 1 taker of Fannie and Freddie, and Obama is number 2. They both should be thrown out of the senate, and Obama should not even be allowed to run for president. They are both crooks.

Bored   September 27th, 2008 3:25 pm ET

The partisanship and lack of thinking here is getting soooo boring. . . .

bk   September 27th, 2008 3:19 pm ET

Harry Reid said the dems won't vote on the bail out unless McCain comes back and votes for it. Then McCain suspends his campaign comes back and Harry Reid says we don't need you. Something tells me dems think McCain has more pull than people think. Its McCain and Obama's job to vote on these issues we are paying both of them. So Obama is a senator and thinks he has no input on this and keeps on campaigning. I don't think we want an arrogant president that only thinks of himself. Oh wait! we already have one. Bush and we don't need another one.

carol   September 27th, 2008 3:19 pm ET

John McCains big rush to go to Washington and save the day was just a ploy as we all know…….the man has no scruples let alone manners.
He wanted us all to think, boy…..now there's a leader who really cares for his country……no MR COUNTRY FIRST we know you are full of it and the only person you care about is you!!!!!
After watching him last night the American people need to wake up and see what a BIG MISTAKE it would be with him in charge…..he is arrogant, condescending and ignorant.
We can do better than this and when you watch Senator Obama there is absolutely no comparison with his intelligence, poise, grace and respect…..that what I want to see in my President.

FranJ   September 27th, 2008 3:16 pm ET

This co-called bail out is a trap by the Gop to stop Obama's success to the White House. We as voters have got to get the message. I believe wall street should bail itself out. Why, all of a sudden does Bush want to sit down with mccain and Obama so that this mess can get corrected. It can only be done so by those that made it. Bush and mccain are its leaders, and now they want the congress and the taxpayers to stand up and pay for it. I don't want to. I didn't get any of that money and am disabled and can't get social security. So no we shouldn't bail them out and I don't care how hard it will be for the rich according to Bush. My family came from the cotton fields of the south and if we made it there we can make it anywhere.

GEEZER/GIDGET '08   September 27th, 2008 3:15 pm ET

"The campaign says that Senator McCain will head to Capitol Hill later this afternoon. They weren't clear exactly what he's going to actually do when he gets there."

Neither does Geezer!.

WBW OHIO   September 27th, 2008 3:12 pm ET

Phil Gramm. Eight years ago, as part of a decades-long anti-regulatory crusade, Gramm pulled a sly legislative maneuver that greased the way to the multibillion-dollar subprime meltdown. [Anyone remember ENRON] Yet has THIS A OLE Gramm been banished from the corridors of power? Reviled as the villain who bankrupted Middle America? Hardly. Now a well-paid executive at a Swiss bank, Gramm cochairs Sen. John McCain's presidential campaign and advises the Republican candidate on economic matters. He's been mentioned as a possible Treasury secretary should McCain win. That's right: A guy who helped screw up the global financial system could end up in charge of US economic policy. Talk about a market failure. McCain is a walking disaster for this country.

MR. MAGOO CAN ONLY FOCUS HIS MONACLE ON IRAQ!   September 27th, 2008 3:06 pm ET

I do feel better knowing Mr. MaGoo will be on the phone bank providing his economic expertise, during this time.

Why, was he faux debating Thursday night, when he said he would not leave until the bailout bill was done??

Answer: Policitcal posturing when you have no other ideas!

KofTX   September 27th, 2008 3:04 pm ET

Good, let's get this over with. It is funny how all of these people who are complaining about the size of the bailout didn't seem to make the connection between the national debt and spending OVER A TRILLION DOLLARS IN IRAQ which was a NEEDLESS WAR!

EVERYONE WAS SO GUNG-HO IN BORROWING MONEY FROM OTHER COUNTRIES TO DUMP IN IRAQ.

AND FOR WHAT?!?
SOMEONE TELL ME WHAT DID WE GAIN?

gloria   September 27th, 2008 3:02 pm ET

When someone doesn't look me in the eye when talking to me, I know they are trying to hide something or else they are LYING and they most certainly cannot be trusted.

Democrat for John McCain   September 27th, 2008 3:01 pm ET

Senator Gregg, I appreciate what you are doing but American people nee4d to know what Sen. Dodd, Rep. Barney and of course Barack wants to do this country. Fannie Mae & freddie Mac got power from Clinton and then Democrats never listened need to what George Bush was saying about this plot. Even John McCain was asking for regulations on these companies. Last evening Barack did not say anything about Fannie May and Freddie Mac because he got money from them. American people should know that democrats wanted to bail-out using taxpayers money. Today I have to thank House Republicans who stood strong to protect our interest, tax payers' interest. How can you trust Barack. No way.

NV for Obama/Biden   September 27th, 2008 3:01 pm ET

Why are they still "talking" about this bailout - do they not read the blogs or listen to the American People! I have perused through the blogs on all the news sites and a large majority of Americans do not want this bailout - I thought we lived in a democracy - "of the people, by the people for the people" so why are they not listening TO the people! You know why because no matter what, the fat cats of Wall Street and the lobbyists will always have thier hands in the pockets of Washington. How come there is not more outrage and news coverage regarding the 3 month CEO of WaMu getting an almost $20 million dollar "Golden Parachute"! You think there wont be a back door loophole in this "plan" guess again - once again the taxpayers will get screwed! NO BAILOUT - oh I am sorry we are now referring to it as a "Rescue" - ha talk about lipstick on a pig.

Clay   September 27th, 2008 3:00 pm ET

They will give this 700 billion to these financial industries which will pocket the money and still send the Sheriff to kick us out in the cold when we are short on the mortgage payments. They say this amounts to roughly 10,000 dollars per household so why not just pay it towards people mortgages that have mortgages,that way the financial institutions will have more funds to stabilize and we won't be thrown out in the cold

Bonnie   September 27th, 2008 2:51 pm ET

To NH Mom: I'm in NY and have lots of friends who are writing in Hillary (but would never do so if they thought McCain/Palin had a chance here). PLEASE don't do it - your vote WILL count in NH.

w.l. jones   September 27th, 2008 2:49 pm ET

When a person use symbolism to describe a circle,.. the economy began with Mr. Hoover and end with Reagan. There wasn^t one new ideal in the debate on leadership that could lead us out the economic mess we are in, so why go back on the hill when you still in the valley.

Mary   September 27th, 2008 2:49 pm ET

Will McCain be negotiating with any one or will they sit him in a corner,tell him to be quite like he did day before yesterday.

Bonnie   September 27th, 2008 2:49 pm ET

Please don't let McCain insert himself into this process again . . . just get it done! Thank you and Amen.

Big D   September 27th, 2008 2:48 pm ET

Wait - how could they possibly be progressing on working out a deal if McCain isn't there as the glue to hold them together? I don't know how they got along so well without him up to this point, or how they could possibly proceed without him. Oh please - can't McCain come charging in at the last minute and solve this crisis for us?

sharon walker   September 27th, 2008 2:46 pm ET

Dear Friends:
Watch out China has spies in the USA and they took over Japan several years ago! That's right and now planes and autos making to Central and South America. Take back our industry! Better and cheaper and in the USA. Flexability Unions it can happen!

More hurricanes and cyclones into China Run! Clean Air not their way. In the minds of Russia watch out and protect your self from China. China a communist county is now making seeding to air , clouds, hurricanes, and G U N S. GOING TO WHERE.
CHINA THE REAL THREAT. HURRY WORLD.

joseph bizumo   September 27th, 2008 2:46 pm ET

Maccain's body language in terms of debating was a fiasco and it did manifest a serious weakness in reshaping the US foreign diplomacy
and that 's why he prefers warpath to peacepath.
Lack of eye contact,disrespecting partner,condiscesion and unnecessary ostentation in terms of readyness without engaging
partner-weak character in personality for public office.

Bizumo, Warsaw

indy chris   September 27th, 2008 2:43 pm ET

no bailout.

hopefully the dems make the bailout package so obscenely fair to the rest of us that the goppers sit on their hands in infantile protest. then obama can say, see? them goppers only care about the ceo's and old mcnasty has no control over them.

lea   September 27th, 2008 2:43 pm ET

John messed everything up for his own selfish reasons. Once again it's a desperation move by someone who knows he's lost it. If i didn't know better I'd almost think that this whole election has been scripted. Why on Earth would McCain choose Palin when there were so many other candidates that were more qualified? Is he going to pull another rabbit out of his hat? What's next? Besides telling us he's going to fix Washington, the place he's been the last 27 years, what other ridiculous thing can he say or do? Is he going to dump Palin and pick Hillary?
OBAMA/BIDEN '08

sharon walker   September 27th, 2008 2:43 pm ET

Dear Friends:
Stop shooting at me in Scottsdale, AZ I still believe in gun rights!
It is residential on Rose STreet and near a church and schools.
What is the matter with you? Financial crisis and fix. Get out of our nation you foreign illegals. Burn their national flags as they have ours publically! Go home we do not want you foreign illegals.

Hey weather man! Got a clue. The hurricane strike will be lower than Maine first. What you did not report one that went up the coast and inland to NC. Hello!

More coming and it stinks that you cannot do a good job! What is upstairs. Like Palin excuses? The money honey kick backs not foot ball! You score a crime! Put her in jail and off the ticket.

Cheffy   September 27th, 2008 2:42 pm ET

Speed is not the issue for this "Bailout Plan", it is much more important to make sure that the plan is carefully laid out and thought through. One does not go to war without a battle plan, nor should one put so much of our tax money at risk without a check and balance system in place. Wall Street has already proven that they are greedy and unable to keep control of their own systems. A Federal administration set to watch over the Wall Street entities is absolutely necessary.

Renee   September 27th, 2008 2:42 pm ET

You know I just find it absolutely mind boggling that there are still people supporting John McCain after the week that his running mate has had. After this week, I am now much more confident that my guy (Obama) will win handedly. I'm sure Sarah Palin is quite a hell raiser back in Alaska…..with all 645,000 of her constituents, however, this woman is not qualified to be vice president and potentially President given McCain's age and past health issues.

Dems this time   September 27th, 2008 2:40 pm ET

Hey NH Mom do you want 4 more years of The Bush Crime Family ripping us off? The Banks wouldn't be failing if Exxon and Halliburton would deposit here in the US. They have all the money (No-Bid Contracts). Iraq is a war for profit that McSame wants to continue.

OBAMA/BIDEN the only choice. The other is suicide.

Ted:Canada   September 27th, 2008 2:40 pm ET

John don’t get involved you will not help and will likely make matters worse.

TIME TO CALL IT A DAY!

Last night you showed why CANADA AND THE REST OF THE WORLD WILL NOT SUPPORT YOU maybe just Israel – God bless them…the rest of the free world has serious doubts about your ability to understand the 21 century - just your presence will have negative connotations…

The world is more complicated than it was 50 years ago John – in Vietnam

1. Sanction don’t work!
2. Threats don’t work !
3. Not trying to reason with them don’t work! - conditions or no conditions

Good By John! - leave with dignity not as an old fool who was stuck in the past.

CINDY TAKE HIM HOME TO REST!

Visit Canada we will have a retirement party for you and pad you on the back

Gary Chandler in Canada   September 27th, 2008 2:39 pm ET

THE TRUTH? he knows he won't make it the WH, so he fenagling his way back to his real job!!!

bg   September 27th, 2008 2:39 pm ET

McCain has not entered into dicussions with anyone else other than House Repubs…yet he is going to try and take credit for the bailout. The House Repus wanted to introduce a proposal that wants to give corporations more tax cuts and continue to reward them for what they did to out economy. McCain is not part of the actual negotiations according to many sources…only House Repus. Just because he is Washington does not mean he is part of moving the proposal forward…kinda like trying to infer that Palin has foreign policy experience because she can see Russia from Alaska. What a joke! Obama has been in constant contact with prominent people involved in the process WITHOUT having to land in Washington and throw everything into a downward spiral…these negotiations are TOO delicate to impose presidential politics into them. McErratic…not maverick.

Gary Chandler in Canada   September 27th, 2008 2:38 pm ET

Has America redefined the word 'gorgeous'?
Hill, Campbell, Bash,Malveaux EVEN Cooper (to name a few) now that IS georgeous.
Palin? no and HER VOICE!!!!!!!!

jimmy   September 27th, 2008 2:38 pm ET

ALL CNN BLOG SITES HAVE PROFEESIONAL BLOGGERS FOR OBAMA . OR HAVE YOU INDEPENDENTS NOTICED ?
DIFFERENT NAMES BUT SAME LANGUAGE AND GRAMMAR.
WAKE UP , AMERICANS FOR INDEPENENTS . THINK TWICE BEFORE YOU CAST YOUR VOTES IN JUST OVER A MONTH.
WATCH THE DEBATES CAREFULLY AND LISTEN AND LOOK AT THE CANDIDATES . THEN DIG INTO THEIR QUALIFICATIONS. WHO WOULD YOU LIKE TO GREET YOU AND FOREIGN VISITORS TO THE WHITE HOUSE.. JOHN AND CINDY MCCAIN OR BARACK AND MICHELLE OBAMA?

Les   September 27th, 2008 2:37 pm ET

Does anyone find it scary that a huge portion of this country actually finds the old white angry guy that lives in the past, with a cellophane wife trying to look 1/2 her age but not succeeding and a v.p. candidate that can't formulate proper sentences appealing? What's scarier is that everytime a republican is interviewed they look plastic and unreal. Conservative religion should be in the DSM as a mental illness because their followers don't seem to be able to think for themselves. Isn't this how Hitler conned his people into thinking the arian race is better?

Charlotte   September 27th, 2008 2:37 pm ET

At least it is good to see someone doing their day job. Where are Obama and Biden? This whole bailout is scary. I got out of the stock market before the first melt down in 2004. The election was close and I knew Gore was going to lose. Kerry was and is a jerk who also lost. We already knew how bad Bush was, yet Kerry could not beat him? Obama will lose also, and we have had 8 years of garbage. Why the DNC continues to put losers on the ticket is beyond me. We had a shot this year, but Obamas' "urgency of now" got in the way I guess the "urgency of now" only pretains to his ambitions? He said we need more of a sense of urgency on the economy. I don't know how much more urgent it has to get for him to realize it. This country is in big trouble and it will get worse. WAMU goes bust, how many more banks have to go belly up for Obama to see the urgency"

Ted van Tol   September 27th, 2008 2:37 pm ET

McCain versus Obama = past versus future.

In the debate this time the student was right and
the proffesor was shamefull out of touch and needs
to retire as soon as possible.

SHOP FOR AMERICAN MADE PRODUCTS   September 27th, 2008 2:36 pm ET

BARACK OBAMA clearly WON the debate last night.

I thought CNN failed to give him full credit for looking and sounding Presidential and intelligent vs. his opponent JOHN MCCAIN who looked old and sounded ancient.

SHOP FOR AMERICAN MADE PRODUCTS AND HELP SAVE OUR ECONOMY.

Matthew, New Orleans   September 27th, 2008 2:36 pm ET

Hurry everyone before the Reformers come ( Johnny on the spot and the biggest VP Joke in history Palin ). The United States would never be the same if these two clueless individual win this race. Never in the history of an election have I seen a VP protected as this individual. If you think about it they deserve each other. Mr. 894 out of 899 and Mrs. 5 Colleges and one Degree.

cecil   September 27th, 2008 2:36 pm ET

America It's Fairly Obvious That Sen. McCain Is Using The Bail Out Summit To Garnish Himself In Poiling Points.

Listen To The Statements That's Coming From There Camp!

The Last There Days, Here's Some.

The campaign is touting that, as one aide puts it, McCain's "the glue that is going to potentially bind together House Republicans and Democratic members of House Speaker Nancy Pelosi's caucus."

When pressed on that, the campaign aide repeated the point that Camp McCain's been making for 24 hours, that McCain is the one who pushed House Republicans back to the negotiating table.

They Can't Wait To Pounce On This, John McCain The Reason The Bail Out Was Sign!

They Mis-Fired Once Already, 2 Days Ago Remember That Surrogate On MSNBC. Proclaiming Where Going into The Debate Strong, John McCain The Reason There Signing The Bail out!

They Really Need To Relax and Stop Acting So Selfish and Unpresidential.

It's Truly About Putting McCain First, Not America.

Les   September 27th, 2008 2:32 pm ET

Now the old white angry guy is trying to take credit for fixing the economy by "showing" his a leader. The operative word here is "showing". The old white angry guy shows stuff by putting on a show instead of being authentic. The only maverick part of this guy is acting how he thinks people want him to act. He's not even a good actor because he seems so plastic and unauthentic. Of course the old white angry guy will try to take credit for fixing the economic situation because he steals others ideas and then pretends he's a maverick.

VON BISMARK,Vienna.   September 27th, 2008 2:29 pm ET

This is impossible. mcGIMMICK is not present.

Paula From GA   September 27th, 2008 2:29 pm ET

NO DEAL- YOU GUYS CAN AFFORD TO BANKROLL OBAMA WHY DON'T YOU GUYS COLLECT THE MONEY ANF PAY THE DEBT YOURSELVES-YOU CAN AFFORD IT. OTHER THAN THAT SHUT UP AND KEEP YOUR HAND OUT OF MY POCKET!!

GA for Obama   September 27th, 2008 2:28 pm ET

NH Mom- A woman could never win a debate, let alone beat Obama. Obama crushed McCain in the debate. Listen to Hillary, vote for Obama. Vote Smart.

DOM   September 27th, 2008 2:27 pm ET

Friggin' retards. You want taxpayers to pay for this? Obama was ready to sign on (as apparently most of you are) without a thought. He voted "present ". Again. House Repubs are trying to work it so it's more of a loan the institutions have to pay back and relieving the taxpayer. McCain will end up for a lot of the credit for this and your avatar of hope will look like the unseasoned pretender he is.

Francheska   September 27th, 2008 2:27 pm ET

Unless Super McCainot swoops in and blows the whole thing up again!! ;-) Why doesn't he just return to the campaign trail and leave the Bailout alone or better yet, go and find Palin and coach her on the principles of "NOT AGREEING WITH BUSH" when she is before the cameras. WOW. He said himself he knows little about economics…what can he possibly do other than bring more politics to the table? Neither party wants to take on this bill and "own" it. They are fighting over which party will get blamed by the American tax payers if it goes badly. I wonder who will come in and take credit if it works out? It is sad, because stuck in the middle is the tax paying public YET AGAIN…looking for someone to give leadership on this thing. This is insane!!

Paula From GA   September 27th, 2008 2:26 pm ET

There was never a deal, they should make adeal so Acorn and fred and faninie can get away with the money scam they have pulled on the public and wall street.

Paula From GA   September 27th, 2008 2:24 pm ET

OBAMA WAS IN THE WHITE HOUSE WITH ALL THE LEADERS OF THE DEMOCRATIC PARTY. THEY ALL GOT THE PHOTO-OP PICTURE TAKEN!! CD AND ALL THE OBAMA FAN CLUB. HE DIDN'T LIVE UP TPO HIS CAMPAIGN SLOGAN. NO ONE FOLLOWED HIM INTO THAT HEAVEN YOU GUYS GOT WROTE UP. NO ONE LIKES HIM OR TRUST HIM OR YOU AS FAR AS WE CAN THROW HIM OR YOU GUYS.

Gotcha   September 27th, 2008 2:24 pm ET

Obama can not keep up with the 72 year old McCain.

Obama did not look fresh, sharp, crisp and ready during the debate. He looked drawn, tired and petulant.

Elias   September 27th, 2008 2:23 pm ET

Elections have become a charade, with experienced or inexperienced clowns trying to prove to the American Public who is the most impressive candidate. Actually, I am glad Hillary did not get the nomination… she is more qualified than these two bozos put together, plus all of their friends.

Spinning from Obama   September 27th, 2008 2:22 pm ET

The tired old man keeps outpacing the young orator.

Fools for Obama   September 27th, 2008 2:21 pm ET

Obama's bragging about how presidential he is black fired (pun intended) on him in the debate last night.

Obama looked old, haggard, gray and tired- McCain came across in command.

Paula From GA   September 27th, 2008 2:21 pm ET

In the Bailout by the Dems are still rewarding Acorn and Company who got people into Bank loans that got People onto trouble. They got a deal in the housing Bill last year as well. They are still letting Fannie May and Fred to keep them out of the line of Fire. They get the payoffs and we alll get FLEECED!! You guys ought to be the one to get the Pink Slip and WALK OUT THE DOOR OF ANY COMPANY YOUR PARENTS WORK FOR WHILE YOU ARE GETTING THAT HIGHER EDUCATION. WE SHOLD NOT PAY FOR OBAMA'S FRIENDS, HE WORKED FOR IN CHICAGO. IF THERE IS A GOD OF JUSITICE HE SHOLUD STICK IT TO YOU AND CNN AND NBC FOR THEIR SO CALL REPORTING. THEY MUST HAVE A PIECE OF THE PIE IN STOCKS.

tony in Hannibal mo   September 27th, 2008 2:21 pm ET

Not if McBush comes to town. He comes to town like last time and what happen everything fell apart it shows he can't really reach across to the democratic group. So everything he says comes back to bite him,just like Palin issues of abuse of power . I see it as McCain causing this issue to fall flat , which is probable the best thing since its just to help congress contributors.

Annie   September 27th, 2008 2:20 pm ET

Do we really need to bail out the greedy sob's on Wall Street? Isn't this just socialism for the rich? Guess I don't understand enough about economics. But if it started with bad mortgages, why not fix those first and see if that TRICKLES DOWN. As far as including more tax breaks for corporations and more deregulation asked for in this plan by the House GOP, as I heard expressed last night by Rachel Maddow, my response would be: are you kidding?

McCain won   September 27th, 2008 2:20 pm ET

McCain won the debate last night.

All the Obama supporters and the media campaign for Obama predicted that Obama would trounce an unprepared, chicken of an old man.

Back fired.

McCain won   September 27th, 2008 2:18 pm ET

Good for McCain for attempting to get Republicans to go along- clearly the democrats want the bailout and clearly the HOUSE Republicans do not.

McCain is trying to get some bipartisanship - not just TALK of it.

rich   September 27th, 2008 2:16 pm ET

We dont make anything in this country anymore.Real estate became our whole economy and credit from it.Everyone in trouble made money or was living beyond their means.The generation that caused this should pay.Think about your kids future.If money goes anywhere it must go to build a manufacturing base so their will allways be jobs.Real estate wont do it anymore .Once this 700 billion is spent then what.Then another bailout and another.The problem cant be fixed by throwing money at the same senario

Barney   September 27th, 2008 2:15 pm ET

McCain's going to capital hill this afternoon. Watch it blow up - AGAIN.

Scott L   September 27th, 2008 2:12 pm ET

Glad John McCain is back in Washington doing whatever he can to help. He won't have all the answers, but he will make sure ALL voices are heard.

Obama is in NC today campaigning. Shows you where his priorities are.

Thank you John McCain for performing your duties as an elected official of the US Senate.

twintuitive   September 27th, 2008 2:11 pm ET

that's right, scare the US into going to war, scare us into bailing out these wealthy companies. Instead a plan should be made to bail out the stockholders when these p.o.s. companies do crumble and die over their own greed. My husband and i were earning just $30,000/year for almost three years while raising twin boys when all this went down. We were offered mortgages by these scumbags atleast once a week, and we knew they were predators. Yes a $800/month mortgage on a $200,000 home sounds good when your paying $1000/month rent, but be real, we couldn't afford that…..what would we have done if he lost his job? got hurt? i'm happy we never feel victim to these scams, but i feel sorry for taxpayers who are now being forced to bail out these jerks, instead of helping the people who were the victims of their greed. $700 billion would certainly help a lot of Americans in financial crisis right now.

Don   September 27th, 2008 2:10 pm ET

"I reserve the right as president of the United States to meet with anyone at the time and place of my choosing if I think it's going to keep the American people safe."
Go Obama.

TJ Johnson   September 27th, 2008 2:06 pm ET

I can't stand to look at Obama either, and I am hundreds of miles away from him. Obama followed McCain around every topic last night, his eyes big and worried. Obama is simply a product of preening teams; he has no substance of his own. No Obama!

Riyad   September 27th, 2008 2:04 pm ET

Political pandering by McIdiot delayed the negotiation deal.
Can you imagine what it would be like if he sits with world leaders?
It would be a disaster. McStupid would walk out -saying I suspend the talks - I will let my VP (no where to be found) continue with the discussions. or let me ask my oldest oldest friend Henry Kissenger.
Please don't voter fo McPOW. We will give him a medal but not the presidency. If he dies, look who will take over-the pig, moose, caribou, dumbhead, it will be like a Zoo. Not white house-Zoo House, a vampire house, War house.
Not miss.congeniality but the swim suit.
If you have watch even a single interview of this Sad sad pathetic paline, you would think and think very carefully before you vote for McShame.
Country First-My foot-McCain-you are putting lipstick before the country.
America is beautiful as is, doesn't need lipstick.
We have a leader fit mentally, physically, spiritually with knowledge and forthsight to lead us for better days to come.
Obama leads by example.

James cunningham   September 27th, 2008 2:00 pm ET

McCain is a liar, Palin is a Liar. If you like our economy the way it is right now, then vote for McCain. If you want to change our Economy around, and if you want our Country to lead a different direction that's good for all of us, then vote for Obama

Marie Ontario   September 27th, 2008 2:00 pm ET

Wouldn't it be nice if the ordinary person had enough economic knowledge to know if a bail out is needed and what would the real consequences be if the financial institutions had to deal with their mess?

Maybe some Americans will finally get the message all is not great with a Conservative agenda and liberalism or socialism are not bad words but rather more policies in line with their own needs.

Mike   September 27th, 2008 1:58 pm ET

When it comes financial matters. McBush showed again in the Debate that he is clueless. When pressed by the Moderator to address Government spending. McBush blurted out almost in anger. That If McBush were elected he would immediatly suspend all Government spending except for Defense and 'Veterans Affairs". (pander). This is obviously both stupid and nuts. He could not do this and were he truly so insane, all of America would grind to a halt. No Airports, Highways or Homeland Security! This is just the kind of Rash Bad Judgement ( maverick ) that lead to putting the clueless and incapable Palin in line to be President. How at this point could any reasonable person vote for McBush??.

ANGIE   September 27th, 2008 1:57 pm ET

Mccain= same old politicts same old policies mccain my way or highway

Obama = new visions new policies new politicts obama clearly diplomatic as well as bipartisan! real change.

at least thats what i got out of the debate last night Mccain couldnt even look at obama and truly debate so how is mccain bipartisan and diplomatic when he cant even look at his opponet

heres the choice in this election MCCAIN= SAME OBAMA= REAL CHANGE!

Ron , West Coast   September 27th, 2008 1:57 pm ET

McBush had to rush back to Washington to fix the finanicial crisis , or so he said, and would`nt debate because of it ( by way of the Katie Couric Show ) well he showed at the debate, so I guess he fixed the crisis…… " Oh No , wait a minute , today is saturday , congress is still at it , so I guess his " Grandstanding Stunt , was just that , " A Stunt , and a " Photo Op "……
McBush was so lousy in the debate friday night , I think it would have been just as well if he had`nt participated…..

Obama / Biden 08

deb in az   September 27th, 2008 1:55 pm ET

this whole mess started in the 90″s under the democratic congress and maybe the democratic congress should get their check books out…. chris dodd has no business even being involved in this legislation as he is part of the problem…..we the people should not bail out anyone……is there anyone in washington that knows constitutional law anyway? our government is not supposed to own things in the private sector……are we going to get rid of the constitution now? i say no bail out, the economy will recover. these companies will be bought out in the private sector….i would suggest that all of us take a look at just who was in congress and the senate in the 90s and get rid of them……like dodd

Saad Khan   September 27th, 2008 1:55 pm ET

Unless that old grandpa who lives in the past comes to hijack the whole process again. I mean he has got to be the most unsatisfied old timer around - whose making the whole world pay for his war mongering, archaic, short-sighted,fickle, and non-sensical fantasies. A true loser, who needs to be kept away from important places.

Deborah Black   September 27th, 2008 1:54 pm ET

Why can't they give each taxpayer, who received a stimulus check a few months ago, 1 million dollars. That would be about 300 million dollars. They are always saying that we know how to spend our mondy better than the government. Everyone could pay their bills, catch up their mortgages, send their kids to school and have money to spend and save. That would still leave a whole bunch of money of the 700 bilion if they can figure out what to do with it and not crush the taxpayer or devalue the dollar further.

erika morgan   September 27th, 2008 1:53 pm ET

Congress has no right to give the White House and its Secretary of the Treasury the power to transfer the people's money to the richest bankers in the country.

Vote No on the Bailout legislation. The Bailout legislation is being rammed through Congress in a matter of days. This is an illegal power grab by the White House and their richest friends on Wall Street. The Legislation allows the Treasury Department to appoint the same bankers who created the crisis to administer and dictate the use of trillions of our tax dollars. It is also one of the biggest transfers of wealth from working families to the ultra-rich in the history of the United States.

Congress should help families stay in their homes. Wealthy executives should be forced to disgorge their obscene profits, fees and bonuses that made them ultra-rich while they (actually stole money from the mortgage holders who were paying way more for the house then it was worth, and were buying way above their means) ran the economy into the ground.

I do not actually find Wall Street and bad bank behaviour as the cause of this melt down; I see the failing dollar on the world market now about half the dollar is gone and the bail out will further depress by just printing more dollars of a decreasing value. There is the oil bought on the world market in competition with Chinese and Indians, as well as the total waste of resources in Iraq making America insupportable and our dollar worthless.

Our government must remember, all wealth is created by the labor that creates a real capitol and that is all we should be spending money on at this time. Our money is not leveraged with actual value and we are just at the edge where this is apparent to the whole world. We are in a crash and depression we just haven't admitted it ourselfs yet. The more we shore up and pour dollars after a failed market the deeper we force the depression. The only thing that will pull us out is using the labor of our people to create capitol for ourselves again, money should be freely spent on infrastructure, green energy, reclamation of damaged homes, education, healthcare and a return to quality building that will leave a value after the final mortgage payment and for another 30 years.

Paul   September 27th, 2008 1:51 pm ET

if you guys need obama you have his number, give him a call, he has more important things to do and besides you may want a direct answer and that is not possible.

Whats left in your wallet?   September 27th, 2008 1:51 pm ET

NO BAILOUT,PERIOD.

Glenn; Bakersville, NC.   September 27th, 2008 1:50 pm ET

There should be no agreement if there are provisions for Executive bonuses or "Golden Parachutes" of any kind for the companies that are presently failing. We the taxpayers should not have to reward failed leadership to get them to go away.

Dylan   September 27th, 2008 1:48 pm ET

McWarmonger looked like he was going to blow a gasket with his anger management issue. Obama was calm and collected.

McWarmonger and Caribou Barbie want to continue the Bush agenda of wars based on lies and profiteering for "the base" of corrupt elite lobbyists which resemble Imperialist Empire from the 18th century.

Paul   September 27th, 2008 1:44 pm ET

vintage obama talk. he says he wants to raise tax on the rich, while he and his fellow lawmakers try to justify giving them 700 billoin dollars. that shows he undrestands economics. althought he says he is for change but he surronds himself with the players of the past and looks to them for advice. he is dancing to the same tune as all the congressmen that has been bought and paid for, the big money people have paid for years and now they are calling in their markers and you can see who is jumping through the hoop. just another scam ran on the taxpayer

Biff   September 27th, 2008 1:43 pm ET

NH Mom..

I COMPLETELY understand your feelings, loyalty, and allegiance towards Senator Clinton. As an ardent Obama supporter, I admit, she 'did', in fact best Obama in debates, and would have wiped the floor with McCain.

Recalling the spectacular theft of the U.S. Presidency in 2000 by an 'official' count of 537 votes in Florida, I gently and respectfully urge you to cast your ballot for Barack Obama.

Should the theft of our democracy be in the making yet again, history has proven 'our side' needs every single vote available to overcome it.

Thank you for being a supporter of Hillary 'and' the Democratic party values.

-Biff Biffington

Scott Tucson   September 27th, 2008 1:43 pm ET

Why don' Harry Reed just put it to a vote? He has the democratic majority and Bush says he will sign such a bill, so Reed doesn't need the Republican senators. Can it be that Reed knows this is a bad bill and if it goes South as it's certain to do with the Voters, the voters will then hold the democrats responsible.

jp,michigan   September 27th, 2008 1:42 pm ET

John McCain returns to Washington to be the senator the American people in Arizona voted for Senate. While Obama continues to ridicule the works of McCain on the campaign trail. Well, the people of Illinois may have vote for Obama for the U.S. senate, a job he is paid for but doesn't work at. How will he work at being the president?

Anonymous   September 27th, 2008 1:41 pm ET

mccain caught in another LIE, they said they didn't use a prep to represent obama in his pratice for the debate, but then they said, well yes we did, they used portman, my question is why LIE about this? my quess is they LIE about everything.

Charlie   September 27th, 2008 1:41 pm ET

It doesn't seem to have been Senator McCain's day all week long.. He went to Washington to "fix the problem" like the "hero" riding to the rescue… Instead, it looked more like Custer riding into the Little Big Horn to fix "the Indian Problem"…. Someone check that guy's mental process, I'm beginning to think that the experation date has expired…

We the people   September 27th, 2008 1:38 pm ET

Don't tell know body about the rest of world taken over or come over here , that's why we have a army for that, not a good reason for this bailout . Wall street is not the only ones needing a bailout ! If every adult in America is given a million dollars that should help Wall Street as well as the debt that's racked up caring for the poor. And if this isn't a solution the explain exactly why so much money is needed for Wall Street and the consequences if not in plain English….

Petro   September 27th, 2008 1:38 pm ET

He is an Independent with bipartnaship!

What, No Flag Lapel Pin?:   September 27th, 2008 1:38 pm ET

McCain deregulated the entire economy and along with Bush's buddies, aiding and abetting the biggest ponzi scheme ever.

Echos of the "Roaring 20s", or the late 80s/early 90s, when the Republicans ran the government and the economy into the ground, like they always do.

In '32′ it was FDR, in '92′ it was Clinton and in 2008 it will be Obama-Biden.

Democrats, (again) to the rescue.

Nat, NYC   September 27th, 2008 1:37 pm ET

Who does need this deal? Not 3/4 of smart and honest Americans. Other 1/4 is just stupid and hopeful to get some deal on their defaulted mortgages or return some money they lost on Wall street.

Biff   September 27th, 2008 1:36 pm ET

I have never witnessed a more petty and juvenile display such as the display of complete and utter pettiness by McCain by refusing to even look at Obama before, during, and even after the debate.

When public displays of disrespect for your opponents position as Presidential Nominee of the opposition party becomes political STRATEGY, (as a code for… he's not worthy to be standing next to me… he's not one of US)….

then THAT person.. (McCain) has shown HE is not worthy to lead the greatest country in the history of mankind.

Dan J   September 27th, 2008 1:35 pm ET

Where's Obama? McCain flew to Washington due to this crisis, which Obama emphasized last night. Oh wait! He's in North Carolina, defending his debate responses. Country first? All talk, no action? Come on, Obama! Act Presidential if you want to be President!

Matt   September 27th, 2008 1:33 pm ET

Today is Sep. 27, 2008 and it is 12:30 pm CST, McCain is in Washington DC working for a resolution on the bailout for the American people, Obama and Biden are in NC working for themselves trying to get votes. Looks like obama realy cares about the people. GET IN DC AND GET THIS THING FIXED…..

jj   September 27th, 2008 1:33 pm ET

There are several better proposals and congress needs time to study the
alternatives. However, the Bush administration created their proposal by
starting with their solution instead of starting with the problem. Their
rationale does not fit their solution. If the problem is freezing up credit for
Main street or the housing market, why bailout Wall Street plunders/blunders?
Instead loan to Main street banks or buy home mortgages from
banks at a discount approximately equal to the drop in the value of homes in
each state. I don't trust the former Wall Street marketeers in the Bush adm or
the NY or Conn members of congress helping out their rich constituents at our
expense.

Penn State Student   September 27th, 2008 1:31 pm ET

Obama come do the job you were actually hired to do!

McCain clearly has taken leadership for the good of America while Obama continues to act like a circus leader selling his entertainment from state to state.

The arguement that McCain may have stalled a deal is about the most naive arguement from Obamas camp and supporters yet. It goes to show you they have no idea what the American people want which is No Bail Out. If McCain did not go to D.C. the American tax payers would already have signed their life off on 700 billion dollars of taxes.

Nice try…You can't have it both way Dems. McCain either stopped the bill from happening which is a GOOD thing…Or he went to D.C. to shake things up so a new bill would be hammered out that would include tax payer protections.

Tell your leader we will call him if we need him…..

McCain is too old   September 27th, 2008 1:31 pm ET

Must be because McCain isn't fumbling around the hill.

McCain is a grumpy OLD man and not fit to be leader of the country. You republicans are unbelieveable…but what do you expect of a political group stupid enough to vote for Bush!!!

JB   September 27th, 2008 1:30 pm ET

For all you Obama fans (or should I say Myspace subscribers) look inot how many changes occurred once Obama decided to run.

He stopped interacting with a felon (Rezko), he "suspended earmarks", he had other dems add his name to legislation.

We all know this type of person. Someone who does nothin until he realizes he is going to be called on it. Then he pretends to do stuff!

He never wrote any piece of legislation. He only "sponsored" legislation nce he started to run.

I don't want someone in office who never did something because it was right, only because he realized he HAD to.

A law degree does not make a president. If he is elected, we are going to see a train wreck, and you won't see another dem controlled Pres or Congress for a very long time.

He isn't ready, and needs to show more. This is not American Idol people.

dirk shea   September 27th, 2008 1:29 pm ET

For the duration of the Bush Administration they kept trying to debate wether or not we are even in a recession and in the course of a week the sky is falling? They need 700 billion to a trillion dollars so we the taxpayer can wipe the bad debt from wallstreet. Come on.
Now we are either facing a huge economic collapse and the destruction of the dollar like Congressman Paul has been saying for years, in which case if this bailout goes through then the administration, those in government appointed positions at the Federal Reserve, and all the Congressman involved in banking, and economic oversight need to resign due to their blatant negligence and the misrepresentation of this problem to the american people.
The other possibility…let em fail. The banks and wall street have screamed for decades for deregulation in the market. This is what happens as a result. They have made record profits for the better part of two decades and now that their chickens have come home to roost they want the safety net of the american taxpayer. No way.
One thing is for sure, this will be the most important vote in congress since the iraq war began. Those who vote in favor of this bailout will and should face a political reconing. As McCain says in his bland speeches, "they will be made famous, and we will know their names…"

JD in NC   September 27th, 2008 1:29 pm ET

Any news on whether Firday's disruption was about actual complaints, or whether it was done to justify McCain's behavior? Interesting that the revolt was spearheaded by politicians from deep-Red states who aren't really risking re-election by delaying the process.

Lynn: 60 yr old white Obama supporter   September 27th, 2008 1:27 pm ET

McCain is in Washington because Palin is busy cramming for the VP debate…no Palin…no crowds!!

Obama's willingness to give some credit for McCain sometimes being right indicates a nability to work in a bipartisan manner.

McCain's inability to look Obama in the eye even when they shook hands at the end indicates a person not very proud of himself.

McCain's idea of a "League of Democracies" is twentieth century thinking and will NOT be a success. More discussion of this needs to occur.

Brian loves Palin   September 27th, 2008 1:27 pm ET

The year Journalism died and the year Free Capitalism died if Obama gets elected and we became a country much more like Russia then during the era of Reagan.

Country we better unite around Palin and McCain soon or we are going to lose our power and it is going to be We the Barack.

Socialism truly sucks, I know I lived in Canada where it is tough to find a job when government regulates and taxes the hell out of you.

Believe me when Barack says he is going to give 95% of you tax cuts, he is lying. 40% of us don't even pay tax and I have never known a liberal, especially one as liberal as Barack that is able to cut anything especially taxes and spending.

Once there is too much government, good luck reducing it, and they will justify increasing your taxes to keep it big.

Good bye to all the smart businesses that will be leaving this country and good bye to Free Market Capitalism as we once enjoyed it in the once great country of the US of A.

McCain Palin and Hillary supporters 2008

Look Me In The Eye   September 27th, 2008 1:27 pm ET

A Scalpel, not a Hatchet

Obama/Biden 08

VoiceofAmericans2008   September 27th, 2008 1:22 pm ET

As congress sells USD - we are slicing/dicing Debate on an election that will probably be stolen - talk about distraction for Joe 6 Pack! Great - all this happening behind closed doors with no public record and/or hearings to watch for Taxpayers to communicate their concerns to their "elected officials".
But fear not, the LOBBYISTS are right there in with our Congress right now protecting THE BANKING INDUSTRY.

Democracy @ work in the USA 2008.

Cmoor   September 27th, 2008 1:21 pm ET

Oh great Dodd who made money from fannie and freddie who is chairman of the financial committie that let this happen to us. Yeah I feel so much safer. How do we know these guys did not engineer this whole financial crisis that conveniently happens at election time.

Dodds been there over 8 years like Rankel in the tax committie. Seems very oppertune a stunt like this. And And not only does the chairman face no questions about his failure with a capital F but neither does Frank. I think they negotiated with the Repbs. about drilling said look guys we wont do this anymore fingers crossed and we'll give you drilling . Obama owes these Dems big time they gave him this oppertunity heady stuff. but what about Mc Cain ? Just a thought maybe we taxpayers should start dumping tea in the harbor

CD   September 27th, 2008 1:19 pm ET

If McBush had not used this situation as a desperate photo-op, the deal would've been done yesterday. He should've went to the UN with his VP selection.

Jack   September 27th, 2008 1:15 pm ET

This whole mess might have reached consensus already if not for the political grandstanding of John McCain. Old John had to get back to Washington to get a photo op even though he doesn't have a clue as to what is going on in the financial world.

John keeps bringing up Ronald Reagan suggesting that "trickle down" is still a viable economic strategy much like Herbert Hoover back in the 1920's.

Jack   September 27th, 2008 1:14 pm ET

Since John McCain has voted to support George Bush's positions over 90% of the time in the past 8 years, he has a clear responsibility for the current financial mess.

John McCain insists on being part of the solution only to protect the interests of the wealthy elite like himself and Cindy.

NH Mom   September 27th, 2008 1:11 pm ET

All I could think was that Clinton would have easily beat both men in the debate last night. If only the Democratic superdelegates had selected her…..like the primary voters did

I'm still split on voting for Clinton as a write-in and voting for Obama (and only because I live in a swing state would I vote for someone other than Clinton).

David Goldman for OBAMA   September 27th, 2008 1:08 pm ET

MCBUSH COULDN'T EVEN LOOK AT OBAMA.

NO MORE COWBOY FOREIGN POLICY.

NO MORE COWBOY ECONOMICS.

linda from South Dakota   September 27th, 2008 1:02 pm ET

well, letds wait and see if this plan they perpose helps out the american people in ares that are needed,,,,, its time the congress and senators give up their wants and needs for what the american people want and need,,,, one thing thats cool,, mccain isnt there,, seems he cant help himself on comments that dont have anything to do with this plan,,, they are comments that help him out,, (his pocket) dont forget the 13 cars and 7 homes,,, (so far),,,, make him(mccain ) pay for his own insureance all the wa around and watch him squeal… umm

USAF Staff Sergeant   September 27th, 2008 1:00 pm ET

If McCain returned to Washington to work on the bailout, I wonder if he was able to look anyone in the eye…. or if he turned away from everyone like a scolded puppy as he did last night when he was clearly intimidated by being on stage with Obama.

MARY,FLORIDA   September 27th, 2008 1:00 pm ET

Another Big Mistake.

Muz   September 27th, 2008 12:59 pm ET

it's all because of mccain haha

chuck   September 27th, 2008 12:59 pm ET

Unless McCain arrives and brings disaster with him.

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