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

Obama 'optimistic' a deal can be reached


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. Listen Up...

    Ever the diplomat...I'll say it for you. Going to Washington was the biggest freaking waste of time ever! It was all choreographed to help McCain, but NOTHING can save him from the episode of stupid he wrote himself into. There!

    September 26, 2008 03:05 pm at 3:05 pm |
  2. Oh Really?

    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.


    He looked the way I would look if someone called me in for a photo opt. GW has made a mess of his administration, and now he wants others to take credit for his stupidity. I think Obama looked the same way America is feeling.

    September 26, 2008 03:06 pm at 3:06 pm |
  3. mitch

    now that mccain is no longer sticking his nose where it doesnt belong.

    September 26, 2008 03:06 pm at 3:06 pm |
  4. American by Choice!

    Obama is so self composed and calm, this is how a leader should be!

    Not like McNutt running around all over the place.

    September 26, 2008 03:06 pm at 3:06 pm |
  5. Emma, San Jose, CA

    McCain and cohorts want to give other companies a chance to buy out companies that have failed. How does he insure that the buyer companies might also need to be bailed out by American taxpayers. He appears to be standing by his Congressional votes for deregulation. He and his cronies don't get it that their plans have not worked, yet they are clinging to the same old philosophy.

    September 26, 2008 03:07 pm at 3:07 pm |
  6. Michael, watching from Canada

    Good leadership always allows those charged with the task (in this case, the Banking Committee) to do their work without interfering in the process.


    OBAMA, like any capable leader, can be committed to important matters, participate when required, but HAVE THE WISDOM TO NOT INTERFERE NOR POLITICIZE SOMETHING SO IMPORTANT TO THE us AND THE WORLD.

    September 26, 2008 03:08 pm at 3:08 pm |
  7. Barney

    This man has a degree in Foreign Policy, a Law Degree, headed the Harvard Review, and taught Constitutional Law.

    Sure hope that sinks in with some of the numbskulls out there calling him names.

    Obama/Biden '08

    September 26, 2008 03:08 pm at 3:08 pm |
  8. galaxy

    Choosing Obama to be a leader of the greatest country in the world is a big mistake. Obama Hussein can never got my vote and my community votes because he wants to make friend with terrorists. My relatives died on 9/11. that was results of Democrat president Clinton who was too busy with Lewinsky stuffs to take care of country. Now obama goes futher a step trying to be friend with terrorists.

    People wake up!!!!


    September 26, 2008 03:08 pm at 3:08 pm |
  9. Becky

    If anyone says that McCain is calm and collective during a crisis, they are either lying or are in denial.

    September 26, 2008 03:08 pm at 3:08 pm |
  10. Wake-up America

    Independent but Leaning:

    The only won lost in that meeting was McCain. He offered absolutly nothing. He just sat there with his stupid grin. All you have to do is listen to what some of the real reporters are saying.

    Obama's expression was one on distain and discussed. McCain is a joke nothing more than a photo op for him.
    he only won lost in that meeting was McCain. He offered absolutly nothing. He just sat there with his stupid grin. All you have to do is listen to what some of the real reporters are saying.

    Obam's expression was one on distain and discused

    September 26, 2008 03:09 pm at 3:09 pm |
  11. 12 HOUSES to 0




    September 26, 2008 03:09 pm at 3:09 pm |
  12. Super D

    Palin is just fine.

    A stupid member of the media over 3 so called "interviews", thinks she should quit. (They are not interviews, they are ambushes).

    Of course, she's more qualified than Obama, but were not going to talk about that are we? That would upset the coronation. And let's not talk about O-idiots radical, socialism and all his anti-American cronies.

    I don't believe anything in the media, especially media offering personal opinions on somebody. Parker claims she's conservative, that's a bunch of BS.


    September 26, 2008 03:09 pm at 3:09 pm |
  13. Super McCainman

    Super McCainman!

    Here he comes to save the day-

    Even though the situation was in the hands of others who know way more about economics than McCain, he flies in to save the day.

    John is a joke. He will have his hands full if he becomes president, juggling his schedule and keep Sarah Failin away from the press.

    Obama/Biden 08

    September 26, 2008 03:09 pm at 3:09 pm |
  14. Dr. Sam

    What a clown! McCain sensed a backlash and, after making a fool of himself, blinked. His irratic behavior brings into question again his temperament and age. This man is unstable and unpredictable. Does anyone doubt that such character flaws can ever be fixed, even in high office. We are all in danger. Forbid it that such a man would ever have his hand on the nuclear botton–he would act without thinking through the consequences of his action. And McCain has never been a serious thinker or a smart student. He is also a lier. He cancelled his appearance on David Letterman's show supposedly because he was flying immediately to Washington to deal with the economic crisis( NOTE: He last showed up in the Senate in March).Then he proceeded to have an interview with CBS anchor Katie Couric. Upon finally coming to Washington, he muddied the water, instead of providing ideas and leadership. He focussed his strategy upon political gain, instead of “country first.” Thus, negitiations that were going on fine before his arrival started to unravel. Is that the kind of leader America wants? Oh, no!

    September 26, 2008 03:10 pm at 3:10 pm |
  15. Ivan

    Kelby (above) said it the best. Obama is the man we need. Let's do it, people, and make this the biggest boost to our country by electing the only logical choice for president.

    September 26, 2008 03:10 pm at 3:10 pm |
  16. Steve/ Houston,TX

    All I can say about Obama is...presidential.

    September 26, 2008 03:11 pm at 3:11 pm |
  17. Candia

    Tired of the Liberal Spin!!!, instead of accusing CNN of being partisan, I suggest you go to a few posts back on the ticker and read what McCain said: He said exactly the same thing.

    September 26, 2008 03:11 pm at 3:11 pm |
  18. G. Robinson

    Whatever deal they come up with is already affecting the government agency I work for. We were just sent an email this afternoon that read: Effective today, all overtime is cancelled.

    They are calling shots in DC throughout all gov't agencies, then they'll sign off on some sugar coated plan that will ultimately affect the American worker. SAME OLD STUFF.

    We little people will all feel the brunt of this "BAILOUT"

    Obama/Biden 08-12

    September 26, 2008 03:11 pm at 3:11 pm |
  19. Barney

    When will McCain's military records be unsealed? Why were they sealed to start with? What is he hiding? What do the republicans want to keep hidden?

    He was born in Panama Canal Zone 72 years ago.

    What's up?

    September 26, 2008 03:12 pm at 3:12 pm |
  20. Coco 5

    Obama, you are the light at the end of the long dark tunnel that we call America. I can't believe the state of our country. I'm a 24, soon to be 25 year old college graduate. I have learned the following; We, Americans, have become sooo spoiled by choices that we are no longer able to make one. As John McLame illustrates beautifully. When I think about my future and what I want in the future, I have realized that, although I love kids, I could not bring a child into this world given the state of the country I live in. It is my hope that Obama will win this election and begin what will be a very slow turn around process. My birthday is November 5th, let us all pray that I will be celebrating Obama's VICTORY, rather than turning a quarter century old.
    "No way, No how, No McCain, No Palin"

    September 26, 2008 03:12 pm at 3:12 pm |
  21. Frank

    Obama has not show any leadership skills each time
    the Republicans have screwed up! I think both parties
    cannot be trusted.. I will not be voting.

    September 26, 2008 03:12 pm at 3:12 pm |
  22. Rachielle from VA

    Only stupid people vote for a stupid candidate. Palin is a stupid candidate, and all of her supporters are stupid as well. Oh yea, McBush isn't bright either. Congratulations!


    September 26, 2008 03:12 pm at 3:12 pm |
  23. Judy from NC

    I'm voting for No Drama Obama. I want a smart, steady, calm, no-nonsense leader. McCain has proven how reckless he is – first by choosing Palin and now by playing politics wth an economc crisis.

    September 26, 2008 03:12 pm at 3:12 pm |
  24. Bruce

    Seems to me that is was not Obama, who finally got to DC and drailed the agreement for his own gain, it was nto obama who supposed;y "suspended " his campaign beause of this crisis but then continued to campaign, run ads, have his surrogotes talk, it was not Obama who wanted the debate cancelled , it was not Obama who said he "would not debate until there was an agreement reached" and now with no agreement is is going to debate.
    No it was mccain who once again lied, and mislead the public, as he has for the whole campaign. This man is in this for himself no one else. This is the prize that he wants for himself...he is disgusting in what he ahs done to this country and his lies.

    September 26, 2008 03:12 pm at 3:12 pm |
  25. John

    Amazing that he didn't want to go to Washington and now he wants credit!!

    BTW-isn't it about time for CNN to change their call letters to ONN.
    (For those of you who confused- (C)linton News Network to (O)bama News Network).


    September 26, 2008 03:13 pm at 3:13 pm |
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