September 27th, 2008
01:35 PM ET
15 years ago

McCain making calls on bailout latest

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/09/27/art.ap.mccain.927.jpg caption="McCain is working on the bailout latest from the D.C. area Saturday."]
(CNN)– John McCain is at his national campaign headquarters in Arlington, Virginia at this hour. His campaign tells us he's meeting with advisers regarding the proposed $700 billion federal bailout and
the latest negotiations and developments on Capitol Hill, and is "making a lot of calls to make sure that things stay on track."

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.

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."

But McCain isn't engaging with House Democrats and currently isn't directly involved in the current negotiations, so it's unclear how he's the so-called glue.

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.

The McCain campaign is also highlighting the contrast between McCain hard at work "showing leadership" and Obama on the trail today in North Carolina, a state the McCain camp says "he won't win."

UPDATE: CNN Political Producer Tasha Diakides reports that Senior McCain Campaign Adviser Mark Salter says it looks like Senator McCain is not going to the Capitol today and will instead make phone calls from the McCain Campaign HQ in Arlington, Virginia. Salter says the Republican presidential nominee will continue that effort tomorrow, although he can't say definitively that McCain is not traveling tomorrow.


Filed under: Candidate Barack Obama • John McCain
soundoff (108 Responses)
  1. dan

    ooohhh please give me a break Mr. Mcfake went to capital hill to show grid lock, and put a good show for his republican in the house. Remember these are the same republicans there had controll of congress that led to this debacle with Mr de-regulation Mclame

    September 27, 2008 02:05 pm at 2:05 pm |
  2. MLD

    Ooooo! McCain is back in DC for the political stunt, part two.

    September 27, 2008 02:05 pm at 2:05 pm |
  3. Big D

    Oh give it a rest already! Nobody is going to believe this spin.
    McCain's camp will put out any spin, and just hope that someone will go along with it. McCain is the glue?!? Seriously?!?

    September 27, 2008 02:05 pm at 2:05 pm |
  4. Meku

    McCain is a destruction and he should stay away and stop his political maneuvering.

    Obama '08

    September 27, 2008 02:06 pm at 2:06 pm |
  5. Venkat

    McCain is showing activism...which is same as meddling – especially when he is not sure where he stands. Leadership is involving fully knowing where you can make a difference..Activities by McCain shows he is jsut a very good capable senator...but his attitude does not qualify him for president.

    If President Bush had dropped all other things in favor of economic bailout, then he would not be meeting world leaders attending UN session

    September 27, 2008 02:06 pm at 2:06 pm |
  6. Biff

    what part of McCAIN IS NOT ON THAT COMITTEE.... does he not understand...

    what part of THEY DO NOT NEED HIM UNTIL IT IS TIME FOR A FLOOR VOTE.... does he not understand....

    what part of HE IS FREAKING GRANDSTANDING AND POSTURING..

    do YOU guys not understand....

    September 27, 2008 02:07 pm at 2:07 pm |
  7. Hankers

    do you think JM will give up his Sunday off to give the appearance of being "the glue"? McCain First!

    September 27, 2008 02:07 pm at 2:07 pm |
  8. katiec

    I am under the impression that Mccain was asked to get
    out of Washington DC and quit mudding the waters.
    He once again tried desperately to show he was presidential
    material and totally blew it.
    When the man says country first what he really means is:
    Me first
    Criminal republican policies first
    Oil companies, big business first
    Iraq war first
    And lies, distortions, attacks before truth, integrity
    and honor.

    September 27, 2008 02:07 pm at 2:07 pm |
  9. McCain is the Problem to all of our Solutions

    McCain is playing games with our lives and this national crisis. He is doing EVERYTHING wrong and is a HUGE hindrance to progress.

    This man is pathetic.

    September 27, 2008 02:07 pm at 2:07 pm |
  10. Sharon

    John McCain will again turn these negotiations into a media circus once again!! McCain is turning these negotiations into total November election politics!! Doesn't he realize how damaging his presence is??? Seems like he is more interested in politics and him winning the presidential election!!! His involvement last time resulted in problems!! Tell him to stay away!! This gentleman is dangerous. Just like Bush!! Also have considered all of this as a total political set-up by Bush and Republicans????? Bush did it for Irag War, and this American financial crisis set-up is very real possibility to consider???

    September 27, 2008 02:08 pm at 2:08 pm |
  11. Ironic

    Good for McCain for trying to bring in the recalcitrant Republicans.

    The democrats who desperately WANT this bailout are TOO afraid to take a stand on it without the Republicans signing on.

    They want shared blame in case it fails.

    But... MANY Republicans don't want to rescue the free markets.

    McCain is needed to deliver to the the democrats the bailout the democrats want by convincing the republicans to support the bailout plan.

    KUDOS to McCAin- country before party.

    September 27, 2008 02:08 pm at 2:08 pm |
  12. anyonmous

    « Back to mainPrevious article:
    Obama ad hammers McCain on economyNext article:
    Senator in financial talks expects agreement by Sunday

    September 27, 2008 02:08 pm at 2:08 pm |
  13. Mc-won that Debate

    McCain is doing what he has been doing. He is brining a spirit of compromise the legislative systems. Democrats and Republicans are Americans, and without people like McCain, we focus on our differences instead of making our different ideas work.

    Obama is a voter. He doesn't shape bipartisan legislation. He just shows up from time to time saying yay or nay. He should be a late night talk show host. All he does is watch the action and comment on it as if he would have done things differently/.

    Well now is your time Obama and you are wasting it and ours. Drop out and stop before you hurt us all.

    September 27, 2008 02:09 pm at 2:09 pm |
  14. J.R.

    CNN POST THIS

    Mark Halperin's Grades for the First Presidential Debate:

    Obama : Overall grade: A-

    McCain: Overall: B-

    CNN Telephone Poll of 524 Adults:

    Who did the best job tonight?

    BO: 51

    JSM: 38

    Who would better handle Iraq?

    BO: 52

    JSM: 47

    Who would better handle the economy?

    BO: 58

    JSM: 37

    CBS Poll Results Suggest More Uncommitted Voters Saw Obama As Debate Winner:

    Who won tonight's debate?

    BO: 39

    JSM: 25

    Draw: 36

    Who got better tonight?

    BO: 46

    JSM: 31

    Who would make the right decisions about the economy?

    BO: 66

    JSM: 44

    CNN POST THIS

    September 27, 2008 02:09 pm at 2:09 pm |
  15. Lone Wolf MD

    Mc Cain in Washington is nothing but political theater. No doubt the House Repubs will tout his phony leadership, because what is good politically for McCain is good for them as well. Keep in mind that up until last Wednesday, McCain never called anyone in Washington and hadn't even read the 3 page bail out proposal. Anyone who doesn't see right through this is either blindly partisan or brain dead.

    September 27, 2008 02:09 pm at 2:09 pm |
  16. Independent

    1 out of 3 Vice Presidents have gone on to become President in the US. Can we afford President Palin at this time.

    September 27, 2008 02:09 pm at 2:09 pm |
  17. rhoward

    If Sen. McCain really wanted to be the so-called glue in these negotiations, how come he and his staff can't quit tooting their own horns? It would seem that he could accomplish more through backstage efforts instead of always having to make everything a political op. Surely there'll be enough praise or blame to go around for all involved after this whole thing is over with.

    September 27, 2008 02:09 pm at 2:09 pm |
  18. wwf

    Here is my take on who is qualified to be president. If you are after protection from the terriots, Iran, etc. and live in fear of other nations, then you might want to vote McCain. My question on that choice is :"Who is going to protect us from President McCain?" There is alot more at stake here than foreign countries. We are doing more to hurt ourselves than other countries are. It is the economy stupid! Think back to the 90's. and what McCain was doing then and then say that he can run the economy.

    September 27, 2008 02:10 pm at 2:10 pm |
  19. ohio

    mccain needs to go home!!!!!!!!!!!

    September 27, 2008 02:10 pm at 2:10 pm |
  20. Gary Chandler in Canada

    McCain opposed Bush on torture of prisoners!!!??? That is a LIE!!! look it up. He went against military torture, but WENT OUT OF WAY to make sure CIA can still do!!!
    He appeased BOTH sides of the issue. He puts through legislation to 'look good', then makes sure the BACK DOOR is wide open on his own Bill... LOOK IT UP!!!
    Because of McCain the military canNOT torture: they have to get out of the room and let the CIA do it!!! LOOK IT UP

    September 27, 2008 02:10 pm at 2:10 pm |
  21. Barney

    I'm in NC, and we're going blue this year. McBush had better not mess with votes here.

    September 27, 2008 02:10 pm at 2:10 pm |
  22. MARY,FLORIDA

    All McCain wants to do is bail out his buddies.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 build a manufacturing base so their will allways be jobs.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.

    September 27, 2008 02:10 pm at 2:10 pm |
  23. Earl

    Dems don't fall for McWar's BS.....refuse any deal until Obama is there

    to announce it first...

    If McBush trys to steal Obama's thunder...tell them it's a NO DEAL.

    September 27, 2008 02:11 pm at 2:11 pm |
  24. Scott L

    Thank you John McCain for performing your duties as an elected official and helping (whatever it is, phone calls, meetings, discussions) to get this bailout deal resolved.

    They are right, Obama should be back in Washington helping the American people, NOT himself.

    September 27, 2008 02:11 pm at 2:11 pm |
  25. Nimi from NY

    don't know how McCain can claim leadership on this issue when by Tuesday he hadn't read the two page letter submitted by Paulson. He never called the hill to find out how things were going while Obama was constantly in contact with members of his party on the hill and also Paulson. Who showed leadership here but Obama? McCain people have seen through all your manipualtions including that of the old boys club members which promised you the crown of the presidentcy. What you and they did not anticipate is meeting a brilliant man who as of now is beating you and they at your and their own game.

    September 27, 2008 02:11 pm at 2:11 pm |
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