September 26th, 2008
02:20 PM ET
14 years ago

Obama 'optimistic' a deal can be reached

CNN

Watch: Sen. Barack Obama says he is optimistic a deal can be reached on the financial bailout.

(CNN)— Sen. Barack Obama said Friday he is “optimistic” a deal can be reached on the financial bailout and the best way forward is to explain his vision to the American people at the debate in Mississippi.

“I think that there is real progress being made this morning and last night,” Obama told reporters onboard his press plane en route to the debate.

Watch: 'real progress being made," Obama says

The Illinois senator said he had several conversations with Treasury Secretary Henry Paulson, House Speaker Nancy Pelosi, Senate Majority Leader Harry Reid, Sen. Chris Dodd, and other Republicans involved that reassured him progress will be made.

McCain also announced Friday he will head to the debate, feeling sufficient progress on the bill had been made.

Watch: GOP leaders say the return of McCain and Obama helped talks progress

“At this point, my strong sense is that the best thing that I can do, rather than to inject presidential politics into some delicate negotiations, is to go down to Mississippi and explain to the American people what is going on and my vision for leading the country over the next four years,” Obama also said.

Asked if Thursday’s meeting at the White House was a mistake, Obama admitted he wasn’t sure “it was as productive as it could have been,” adding the best move at this point is “to just move forward.”

Both John McCain and Barack Obama are expected back in Washington D.C. after Friday night’s debate to finalize plans for an economic package.


Filed under: Candidate Barack Obama • John McCain
soundoff (202 Responses)
  1. Lee

    BO was practicing his debate while the US ECONOMY is on the brink of disaster. This disaster was caused by the brilliant industry oversight of the Banking industry by Democrats Dodd and Frank. Add two more morons to the scene Pelosi and Reid and Kaboom we may have a DEPRESSION.

    BO has no clue!! Old Biden just runs his stupid mouth!!

    McCain Palin '08

    September 26, 2008 02:51 pm at 2:51 pm |
  2. McCain thinks we are stupid

    The erratic maverick has made a MOCKERY of our politics.... he is willing to destroy Sarah Palin's life by putting her on the ticket ...knowing she was not qualified.... this man puts himself FIRST
    and our country second.

    September 26, 2008 02:51 pm at 2:51 pm |
  3. Ron

    Please be careful Senator Obama. McCain is planning to use your support of this bailout to tie you to Bush. October surprise...

    September 26, 2008 02:51 pm at 2:51 pm |
  4. Maggie from Virginia

    Thank you Mr. President. We are all anxious to hear from you tonight.

    September 26, 2008 02:51 pm at 2:51 pm |
  5. Sarah Bell

    If McCain lost half of his homes, he'd still be left with 6 homes. If 10 of his cars were stolen, he'd still have 3. McCain doesn't give 2 turds about you. Or me. Lean a little bit closer people. The roses smell like poo.

    September 26, 2008 02:51 pm at 2:51 pm |
  6. the other jd

    Why are we pushing so hard to bail out George Bush?

    Please call you congress person and senators! Don't walk into the republican trap on this!

    September 26, 2008 02:51 pm at 2:51 pm |
  7. It Works Both Ways

    ...and you NOBAMA will try and take all the credit!?

    September 26, 2008 02:51 pm at 2:51 pm |
  8. Where is the leadership?

    Choosing Palin is an example of bad decision-making – both poltically and for putting the country first.

    September 26, 2008 02:52 pm at 2:52 pm |
  9. Jesus Praising & Freedom Loving Patriot

    But McCain has already saved the economy and found a cure for AIDS and bought me my second house.

    What is Obama talking about? Oh, yeah–reality.

    September 26, 2008 02:52 pm at 2:52 pm |
  10. Mike

    Hey all of you out there the Dems do not need a deal; they have the control of both Houses and the President will sign anything to dump money in the market. Vote now and take all the credit, or wait that means they can't point the finger when all goes wrong with this.

    So quick to pull the lever for Barrack Obama as President why not tell your delightful Dem reps to vte on this now!

    September 26, 2008 02:52 pm at 2:52 pm |
  11. Jay in NYC

    All I gotta say is President Obama you Da Man!
    Is it Nov 4th yet?

    September 26, 2008 02:52 pm at 2:52 pm |
  12. Independent but Leaning

    Obama was lost in that meeting. You could tell by the look on his face he had no clue as to what was going on.

    "Call if you need me." What a joke. It's not presidential politics to do your job, senator- it's presidential politics to use presidential politics as an excuse to continue to avoid doing your job.

    You know good and well he was hoping that this would get done without his involvement so he could avoid committing to a position until after the fact and he could then pontificate on how he would have done it better.

    That guy is seriously worthless. I would take Biden as president over that clown in a heartbeat. And Hillary would be better than either of them- and everybody knows it.

    September 26, 2008 02:53 pm at 2:53 pm |
  13. jon

    Palin's interview with Couric

    September 26, 2008 02:53 pm at 2:53 pm |
  14. SteveJJ

    No deal when you start adding $20 Billion for ACORN. And another $51 Million in earmarks for Lunchbox Joe Biden.

    September 26, 2008 02:53 pm at 2:53 pm |
  15. blaising

    Optimism?? Hmmm...that's an interesting strategy.

    I'm hooked on fear...I NEED MORE FEAR!!!

    September 26, 2008 02:54 pm at 2:54 pm |
  16. Tired of the Liberal Spin!!!

    Hmm, so if HE says there is progress, HE is right??
    Interesting that CNN will take HIS word on it – Can you be a little more blatant in your One-Sided, Liberal Views??
    I guess HE must be like Jesus – since HE knows exactly what is going on without letting it get in the way of HIS dream of being President (I mean, helping others!!).

    September 26, 2008 02:54 pm at 2:54 pm |
  17. GARY

    Dont take credit Obama. You didn't even want to go to Washington until the President called you.You are a big joke, right along with your hating supporters.Mccain was the man in action for his country ,and all he gets from the O.B. supporters is critisizing. Believe me if Obama gets elected somehow ,this country will fall harde. You naive morons and haters will be wishing you never listen to his reohtric and b.s. It will be to late than. America deserves what they ask for. Mccain/Palin the real deal

    September 26, 2008 02:55 pm at 2:55 pm |
  18. karen-phoenix

    Obama has a magnum cum laudi degree in Foreign Affairs and Finnance and a masters with honers in Constitutional Law from Harvard!!! At this time in the history of our country WE, the American people need intelligence at a global technological time. McCain and Pelin both just about flunked out and McCain is basically loosing his mind and Pelin is running for Miss America. God Bless Obama/Biden
    for the survival of our country!!!

    September 26, 2008 02:55 pm at 2:55 pm |
  19. SDunn

    Exactly, because neither McCain nor Obama can do anything anyway since neither one of them are on the Banking Committee!! All McCain did was cause chaos pretending like he was some Messiah ready to save American when there was nothing he could do! What a sham McCain is and I'm so sick of his pandering.

    The other thing is I truly believe that Palin was just a gimmick to shock the Obama campaign. I think that at the last minute before the VP debate, Palin will step down and McCain will choose Romney as his VP. Political games at their best thanks to McCain! What a joke.

    September 26, 2008 02:55 pm at 2:55 pm |
  20. Tom NObama

    While working on his 3 pt. baskets he said, "call me if you guys have any good ideas, I mnight want to credit for it!"

    September 26, 2008 02:55 pm at 2:55 pm |
  21. Kelby from Houston, TX

    The man is unflappable. He literally floats above the frey. He is elite, not an elitist. He came from nothing to be the best America has to offer to America. He is a natural choice for POTUS. And we would be insane to elect another Repugnant republican

    September 26, 2008 02:55 pm at 2:55 pm |
  22. Tom NObama

    While working on his 3 pt. baskets he said, "call me if you guys have any good ideas, I might want to take credit for it!"

    September 26, 2008 02:56 pm at 2:56 pm |
  23. Oppose Zig Zag Express

    Cool, calm and PRESIDENTIAL!!!

    September 26, 2008 02:56 pm at 2:56 pm |
  24. Bob Indianapolis IN

    Any type of deal will require proper checks, balances and Congressional oversight, unlike the blustery hubris, neofascism and deregulation that has been the hallmark of this failed adminstration for the past eight years!

    September 26, 2008 02:56 pm at 2:56 pm |
  25. Daniel

    Obviously he is 'optimistic' about this deal. Obama, Reid, and Dodd are the politicians who are most supported by Fannie and Freddie. They gave all of them tons of money, and now they represent them. People, do NOT let this happen. If anyone wants to say that they are above partisan politics in this, look at the records. Reid and Dodd repeatedly stopped regulation that Bush tried to put on Fannie and Freddie since 2001, now they blame him for this. The fact that they couldn't let go of big donors and/or let an ecomony grow under a Republican is despicable. STOP this madness. STOP the hateful partisan discourse. START getting Washington reformed.

    September 26, 2008 02:56 pm at 2:56 pm |
1 2 3 4 5 6 7 8 9