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

Bailout meeting ends; Bush says group will continue work

[cnn-photo-caption image= caption="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

    Great picture of the joker at the table. Waiting to see which way the political winds blow before offering any advice. O is an empty suit,
    All talk and no Action.

    Only the Great Governor of Alaska and McCain are capable of leading my country. Pack your bags Obama go back to the Hood in Chicago and sip coffee with the Bill Ayers you never knew, just a neighbor huh.

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

    NO ONE deserves to be "so powerful" in the United States that
    he denies the American People their Constitutional Rights!.

    Bush, McCain, Cheney.! Yes they have!!! And will!

    Obama Biden 2008

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

    I hope the American people are really taking notice. While John McCain decides which of his 7 houses he is going to spend the night in or his 13 automobiles he is going to drive, ordinary people are wondering where they are going to lay their heads tonight. THIS IS THE HEIGHT OF HYPOCRISY! This is such an extreme measure to take just because you are not ready to debate and tiptoe over a subject you yourself said you knew little about - the economy. Fine, I AM GOING TO MAKE A DONATION TO THE OBAMA CAMPAIGN.

    September 25, 2008 06:25 pm at 6:25 pm |
  4. Sammy

    Here is a simple way for Obama to get out the debate if its too unpopular. He should say that he will postpone the debate if the president asks him to. That way its on Bush to decide whether or not the debate is ok at this time.

    September 25, 2008 06:26 pm at 6:26 pm |
  5. Michael

    This is rediculous.... We all know the main reason John McCain did thi was to later claim to be thew White KNight that came in a saved the World!!

    What a crock of Horse manure!!!!!!!!!!!!!!!!!!!!!!

    Tucker Bounds is such a robot, it is retarded.

    September 25, 2008 06:26 pm at 6:26 pm |
  6. FreeNLovIt

    Remember Moulin Rouge " The Show Must Go On" ...

    We dont need Obama or McCain. We have elected 400+ Congressmen/women.

    If they were both spacenapped by aliens, Hillary and Palin will not have any problems, filling up their work

    September 25, 2008 06:26 pm at 6:26 pm |
  7. Anderson Dallas Texas Obama 08

    America... We all know that this was a stall tactic on McCAin behalf for the Debate tommorrow ...

    September 25, 2008 06:26 pm at 6:26 pm |

    My Friends, does COUNTRY FIRST and NO BIG GOVERNMENT seem
    like tricky statements to you? THEY ARE!!!!

    Obama Biden 2008

    September 25, 2008 06:27 pm at 6:27 pm |
  9. Jeremy


    September 25, 2008 06:27 pm at 6:27 pm |
  10. Independent but Leaning

    I though the Dems said there was a deal in place... oh yeah they were just lying to undermine McCain's decision to put the country before his political campaign.

    I bete Obama is really P.O.'d that he's actually having to do his job...

    September 25, 2008 06:27 pm at 6:27 pm |
  11. Rockturner

    Giving Money to Wallstreet, is the same as giving the
    Weasel access to the chicken Coop.

    Go ahead bail out the very people who caused this mess,
    I am sure their brokers and CPAs are joyous.

    However, next time we have a major disaster, natural or otherwise,
    there will be no money to back up the issues.

    as for the American public. No cares what happens to us,
    we are just the cash cow, for witless elected officials.

    I am curious whatever happened to all the cash made by Halliburton
    in Iraqs oil fields?

    Since the taxpayers are paying for this War, when are we going to see a kick back from Halliburton?

    My mother always said to follow the money trail.
    I think that trail leads to 16oo Pennsylvania Ave.

    September 25, 2008 06:27 pm at 6:27 pm |
  12. MBFLA

    Reggie, you were being kind to say let's hope McCain has the heart to show up for tomorrow's debate. I think the body parts required for McCain to show up for the debate are a bit lower than that!

    September 25, 2008 06:27 pm at 6:27 pm |
  13. Antoinette from New Carrollton, MD


    McCain and Obama were at the same meeting but Obama didnt have to suspend his campaign

    McCain needs to be able to walk and chew gum at the same time

    September 25, 2008 06:27 pm at 6:27 pm |
  14. Robert Wooller, West Yorkshire England

    Ah, isn't it nice that they have all put politics aside and met? Not! Pity poor Americans will have to bail out a mess that isn't their fault. Can't wait for Bush to go. Good riddens to bad rubbish!

    Obama 2008!!!

    September 25, 2008 06:27 pm at 6:27 pm |
  15. Peanuts

    Thanks to all you 2000 & 2004 Bush supporters!!!!!!

    September 25, 2008 06:28 pm at 6:28 pm |
  16. Joe

    From Senator Dodd's comments (and they haven't been refuted), it seems that Majority Leader Reid was correct - having the Presidential candidates (in this case, Senator McCain) involved is not helping the matter.

    I'm sure that I'm not the only one who thinks the McCain campaign is only doing this in an attempt to stave off having to go into the debates (particularly the Vice Presidential debate) and exposing that their candidates have absolutely no grasp of the economic situation or plans to address it. It is a sad day that President Bush get it and Senator McCain doesn't.

    It is more smoke and mirrors, but sadly when their homes and jobs are on the line, the American people can be trusted to see through that.

    September 25, 2008 06:28 pm at 6:28 pm |
  17. White Mother for Obama!!

    anyone who thinks McCain had a hand in this is crazy..

    Just as McCains plane touched down, they said they had a deal made LOL.

    Wake up you all... where is Palin in all of this? Cant she campaign for the party like Biden is for Obama? Or can she not handle that??

    If she cannot handle that then how is she going to run a nation if McCain falls over?

    Obama said long ago about Iraq and he was RIGHT... Obama said months ago our economy is going down the tubes and up to now... McCain said economy was fine... Who Was RIGHT again?? We all know Obama is right on the nose with it all!!

    Its just proof, McCain/Palin are not fit in the white house!

    September 25, 2008 06:28 pm at 6:28 pm |
  18. RM

    Maybe Palin can help!

    September 25, 2008 06:29 pm at 6:29 pm |
  19. Jason

    How is McCain showing more leadership when he was sitting at the same table Obama was sitting at? The difference between the two is not a question of leadership, it's showmanship. They're both participating, but one thought it would be productive to grandstand a press conference and suspend his campaign. "Look everyoone!!! I'm putting country first! Watch me be a leader!!"

    September 25, 2008 06:29 pm at 6:29 pm |
  20. Independent but Leaning

    And what exactly is the hurry on this foreign policy debate? I don't get the rush- we have over a month until the election, but we need to get this financial mess addressed ASAP.

    The liberals are just being stupid about this debate thing. Where were their cries when Obama backed out of the 10 town hall debates that he originally agreed to do?

    September 25, 2008 06:29 pm at 6:29 pm |
  21. A. Rohani

    This is looking more and mroe like a Carl Rove politics. The Bush white house introduces a plan that they know will get support from the democrats, but will be strongly opposed by the public at large. While Bush, with nothing to lose, drags the democracts along in support of the bill, republican congressional nominees gain public support by opposing the bill. That's how to you save the conressional election for the republicans.

    September 25, 2008 06:29 pm at 6:29 pm |
  22. Darko

    Sentaor Dodd and the Dems blocking McCain's 05 legislation to overhaul Freddie and Fannie is the cause of this mess. Get rid of them and Freddie and Fannie...they're are an abomination in a free market.

    Do you really trust THIS Congress to put forth a worthy bill in less than a week dealing with 700Billion dollars??? REALLY???

    The treasury needs to buy the mortgages at penny's on the dollar, refinance those mortgages to the citizens, then sell them later on back to the private sector for a profit. Then use that profit to pay off current debts, like social security.

    September 25, 2008 06:29 pm at 6:29 pm |
  23. ron

    oh geez...The world is on the brink of disaster and you have the dumbest guy in the room holding a meeting about the nations economic future. Not only is he really really dumb but he has lied to the world before. He (and the republican party) knows the President can get away with murder so they send him in front of America with that dumb look he always has on his face when he is telling a lie and tells everyone that the deal must be signed right now. Wasn't Colin Powell available?

    September 25, 2008 06:30 pm at 6:30 pm |
  24. Halloran in Hoboken

    Of course Obama will be the first to comment. I'm sure he went there with a comment already prepared, before even hearing the facts. More canned politics by Obama.


    September 25, 2008 06:30 pm at 6:30 pm |
  25. Republi-Con

    McCain has no input made no suggestion ..only present.It's better that being exposed as the true idiot he is during a debate fielding tough questions. the Old Boys club has his back no deal till Friday night.

    September 25, 2008 06:30 pm at 6:30 pm |
1 2 3 4 5 6 7 8