CBS news political analyst - Mike Flannery - Chicago Illinois article
President Bush met with lawmakers Thursday afternoon, talking "bailout" in a compromise to rescue America's economy. As CBS 2 Political Editor Mike Flannery reports that meeting included the two men running to replace him.
Neither Barack Obama nor John McCain have played any direct role in the bailout bargaining. Thursday's session at the White House was a first for both. Behind the scenes, they've stayed in touch. Each has seen firsthand the anger felt by voters across the country.
"It's outrageous that we find ourselves in a position where taxpayers must bear the burden and the risk for greed and irresponsibility on Wall Street," Obama said.
"No Wall Street executive should profit from taxpayers dollars," McCain said. "Let me put it this way. I would rather build a bridge to nowhere and put it square in the middle of Sedona, Arizona than take money from teachers and farmers and small business owners to line the pockets of the Wall Street crowd that got us here in the first place."
Illinois Sen. Dick Durbin and other congressional negotiators said the tentative financial bailout deal could come to a vote Saturday or Sunday. Still unclear was the status of a presidential debate scheduled for Friday night at the University of Mississippi. The school claimed to have spent millions of dollars preparing. And that state's Republican governor urged Sen. McCain to participate.
"I expect there to be a debate tomorrow night, I look forward to it," said Gov. Haley Barbour.
"I cannot carry on a campaign as though this dangerous situation had not occurred," McCain said.
For his part, Obama has rejected McCain's call to postpone their first face-to-face 90-minute confrontation.
"The times are too serious to put our campaign on hold or to ignore the full range of issues that the next president will face," Obama said.
The latest word from the McCain campaign is that an air plane will be available Friday to take him to Mississippi until late tomorrow afternoon, in case he changes his mind and decides to debate.
What do voters think of all this? A new survey by Marist College found 53 percent agree with Obama that the debate should go forward; 42 percent agree with McCain – not unless there is a deal should the debate go forward. President Bush met with lawmakers Thursday afternoon, talking "bailout" in a compromise to rescue America's economy.
As CBS 2 Political Editor Mike Flannery reports that meeting included the two men running to replace him.
Chan's thoughts:
Some people should be going to jail, in my opinion. As complex as this whole situation is, it's just not fair to dump the problem to the taxpayers lap of this country. JMO
President Bush met with lawmakers Thursday afternoon, talking "bailout" in a compromise to rescue America's economy. As CBS 2 Political Editor Mike Flannery reports that meeting included the two men running to replace him.
Neither Barack Obama nor John McCain have played any direct role in the bailout bargaining. Thursday's session at the White House was a first for both. Behind the scenes, they've stayed in touch. Each has seen firsthand the anger felt by voters across the country.
"It's outrageous that we find ourselves in a position where taxpayers must bear the burden and the risk for greed and irresponsibility on Wall Street," Obama said.
"No Wall Street executive should profit from taxpayers dollars," McCain said. "Let me put it this way. I would rather build a bridge to nowhere and put it square in the middle of Sedona, Arizona than take money from teachers and farmers and small business owners to line the pockets of the Wall Street crowd that got us here in the first place."
Illinois Sen. Dick Durbin and other congressional negotiators said the tentative financial bailout deal could come to a vote Saturday or Sunday. Still unclear was the status of a presidential debate scheduled for Friday night at the University of Mississippi. The school claimed to have spent millions of dollars preparing. And that state's Republican governor urged Sen. McCain to participate.
"I expect there to be a debate tomorrow night, I look forward to it," said Gov. Haley Barbour.
"I cannot carry on a campaign as though this dangerous situation had not occurred," McCain said.
For his part, Obama has rejected McCain's call to postpone their first face-to-face 90-minute confrontation.
"The times are too serious to put our campaign on hold or to ignore the full range of issues that the next president will face," Obama said.
The latest word from the McCain campaign is that an air plane will be available Friday to take him to Mississippi until late tomorrow afternoon, in case he changes his mind and decides to debate.
What do voters think of all this? A new survey by Marist College found 53 percent agree with Obama that the debate should go forward; 42 percent agree with McCain – not unless there is a deal should the debate go forward. President Bush met with lawmakers Thursday afternoon, talking "bailout" in a compromise to rescue America's economy.
As CBS 2 Political Editor Mike Flannery reports that meeting included the two men running to replace him.
Chan's thoughts:
Some people should be going to jail, in my opinion. As complex as this whole situation is, it's just not fair to dump the problem to the taxpayers lap of this country. JMO
