September 25th, 2008
09:45 PM ET

Live Blog from the Anchor Desk 9/25/08

For what’s in the program take a look at tonight’s Evening Buzz.

Don’t forget to watch Erica Hill’s webcast during the commercials.  LINK TO WEBCAST

And take a look at Anderson and Erica on our live web camera from the 360° studio. We’ll turn the camera on at 945p ET and turn it off at 11p ET. LINK TO THE BLOG CAMERA

Wondering why some comments are posted while others aren’t?  Here’s a post that may help: LINK TO COMMENTS POST

We’ll start posting comments at 10p ET and stop at 11p ET.

Filed under: Live Blog
soundoff (199 Responses)
  1. Don

    Leadership involves speaking up. Obama asked thoughtful questions at the meeting looking for the opinions of others. McCain said nothing.

    September 25, 2008 at 10:33 pm |
  2. Ingrid

    Anderson, your look straight into the camera after the palin interview with couric on Russia was priceless!!! Stunned....that's what I think most of us are...The whole 'good guys and bad guys' talk like a third grader...This is just plain scary!!!!

    September 25, 2008 at 10:33 pm |
  3. Tania I. Arias

    Did I just hear a House Republican say that John McCain has always been a supporter of free markets and he can thus help in the bailout negotiations??!!

    Do they really think we are idiots? Is this the same McCain that was calling for regulation two days ago (of course this was his third change of position in the same number of days). It is precisely "free markets" with no regulations that got us here!

    OK, now, I am convinced, the Republicans have gone insane!

    September 25, 2008 at 10:33 pm |
  4. cyndi

    I have no debt. I live within my means. I ask for nothing and I expect nothing. I pay my taxes, my mortgage, my bills. I make under $30k per year. I have a small business. Why should any of us bail out wall street? Why should I be punished for making wise choices? Why are people who have, asking for money from the have nots

    September 25, 2008 at 10:33 pm |
  5. Mary

    Finally an example of McCain's "judgement"...S. Palin, in her own words...Not only is she a supporter of outrageous religio-political extremism, but she has NO CLUE when it comes to international affairs nor even about her running mate's political resume! I understand the desire for a "Washington outsider"...but maybe McCain should have found one with some knowledge of homeland and international affairs! Almost ANYONE in the country who pays attention, reads a news paper, and cares about world politics would have been a better choice.

    September 25, 2008 at 10:33 pm |
  6. Shelley

    Yesterday it was noted that it is the economy in the forefront of people's minds, and the fact that McCain's campaign manager having a stake in Fannie Mae (or Freddie Mac, whatever it was) has fallen into the background and doesn't matter.

    The American people should still pay attention to that because lobbyists were responsible for writing the legislation for the deregulation that caused this whole financial crisis to occur in the first place.

    September 25, 2008 at 10:33 pm |
  7. Will in California

    Doesn’t it look like politicians are scrambling to pass the bill, when elections for them are in november, especially when democrats got the most contributions from Fannie Mae and Freddie Mac and did nothing to prevent the banking fiasco?

    September 25, 2008 at 10:32 pm |
  8. Deni M

    Sara Palin scares me when she takes which is probably why she's avoided questions and kept her comments to "thank you very much." Her views on foreign experience and interaction are disturbing to say the least.

    September 25, 2008 at 10:32 pm |
  9. JJ-SC

    Erica I am one of those people to even think that we should give 700 billion dollars to a company that plans to give alot of it to there ceo's is a complete missuse of the american peoples money.

    September 25, 2008 at 10:31 pm |
  10. Greg

    Sarah Palin is in WAY over her head...

    September 25, 2008 at 10:31 pm |
  11. Emilio

    Was Sarah Palin on something while she was doing her interview with Katie Couric? Her answer on the Russia question was so incoherant.

    September 25, 2008 at 10:31 pm |
  12. Dennis Waldman

    Instead of a 700 Billion Dollars "bail-out"......why not just give every man, woman and child a MILLION DOLLAR economic stimulus check? In my math, that adds up to less than 350 million dollars.

    Each citizen does as each citizen so elects-spend / save / invest / pay-off mortgage& credit card debt!!

    No "golden parachute", no CEO / CFO receiving unjust enrichment.

    Commerce, TX

    September 25, 2008 at 10:30 pm |
  13. Daniel James

    Hey Anderson,

    What if...the US Government Bailed out the American People instead of Wall Street. Something similar to the Economic Stimulus plan, but issue a CREDIT for our DEBT. By buying up our GOOD Debt, it should PUSH the money through our financial system, as well as give the American People a Return on their investment. Your thoughts?

    September 25, 2008 at 10:30 pm |
  14. Lukepccpa

    Thank God for the conservative Republicans! At least somebody stood up and said they didn't want to line up for the Kool-Aid.

    If the President wants the deal, and there are enough votes in the House and Senate to pass the deal, a handful of conservative Republicans shouldn't be able to derail the deal.

    Perhaps other than the leadership negotiating the deal, there really isn't that much support for it on either side of aisle.

    Or is it that the Democrats want the Republicans to line up for the Kool-Aid also so the blame can be spread around for this deal?

    September 25, 2008 at 10:30 pm |
  15. Karin - Canada

    In all of this ... it should remind all of us how important it is to vote... and make an informed decision for whom we vote.

    September 25, 2008 at 10:30 pm |
  16. Lee - Oregon

    It's no wonder that the Rep's are keeping Sarah Palin away from the Press....considering the few ridiculous comments she has made on the "3" interviews she did grant the press. It is obvious that she does not know anything about foreign affairs, the economy and our security. I sure hope they do not cancel the VP debates on 2 October as there is some discussion today that could be a possibility. The country needs to know (if they don't already) how totally unqualified she is to potentially be the President if something unfortunate happens to John McCain. I am embarrased as an American that a candidate for such a high office is hiding from the press, knowing that what is going on in the US is being watched closely around the world......the world must think we are idiots!!!!!

    September 25, 2008 at 10:30 pm |
  17. Chad

    Why do we have to bail out a problem caused by the greed of the banks with ARM's and forclosures. What they need to do is give some of the money to the American people and let them help the economy. No one has really talked about gas prices, the price of power bills, the price of everyday items the basics, the real reason why the country is in "recession".

    September 25, 2008 at 10:30 pm |
  18. David, Indiana

    The bailout needs scrutiny, that's all, give it due diligence. McCain could've gone to Washington as a senator not as a presidential candidate suspending his campaign

    September 25, 2008 at 10:29 pm |
  19. Craig Sellars

    I'm with Ray on this one. This isn't about regulation though, or oversight. It isn't about executive pay (which is a teeny percentage of $700 billion), unless you're feeling petty. It looks like it's become a power-play. Which Senator will fix the bailout deal, save us all, make us proud, then get elected President? Too bad neither of them are on the Senate Banking Committee. Thank goodness for deadlock.

    September 25, 2008 at 10:29 pm |
  20. Michelle

    Why would you keep the people that have failed at the top? Why would you suspend your campaign if you can not help? Sitting in the room does not constitute help.

    I can not wait till the Debate tomorrow. McCain said that he does not have much knowledge about the economy, and he has proved it over the past two weeks.

    September 25, 2008 at 10:28 pm |
  21. ericacnn

    jeannie, ali velshi was just telling me during out webcast that most americans are simply angry about this bailout, and the thought of their tax dollars going to "fat cats on wall street". that's the reaction i've been getting, as well

    September 25, 2008 at 10:28 pm |
  22. greg N.C.

    Both senators need to be in washington doing their jobs,

    Obama wanted to stay put on the "trail" and ignore the situation, besides doing their jobs as senators, one of them is going to inherit thes mess and they need to know all of the inner workings of the deal.
    I just hope it is not obama.

    September 25, 2008 at 10:27 pm |
  23. Ursula

    There has been a lot of chatter about the $700 billion bail-out and that it will help solve this crisis by providing liquidity to the financial sector, which will in turn ease access to credit for both consumers and companies.

    But I dont trust that the financial sector will ease access to credit even after this bail-out. Wall Street will simply says thanks and hold on the the money. Maybe the bail-out should go something like this.... The financial institutions fund loans in exchange for selling "bad" securities. For eg. they extend $20,000 in car loans, and they can fund this by selling $20,000 in " bad" securities.

    September 25, 2008 at 10:27 pm |
  24. EJ

    Ask McCain what happen to Country first? Where is his leadership? The 100+ Republicans would not even buy in to his points. They offered an entirely new alternative which changed which way we taxpayers would pay, this time through tax credits to the private firms who would buy the toxic assests. Duh

    September 25, 2008 at 10:26 pm |
  25. Susan

    This is a very serious decision that the Congress must make. It will decide the future that not only our generation will have to deal with but, our children and their children. Why does everyone seem to think that this must be decided in one week? I am glad that the House Republicans are taking some time to actually review their options.

    September 25, 2008 at 10:26 pm |
  26. Mark Pollard

    If the Democrats and some Republicans in the house, a majority of the senate, and the administration have come together on the basic tenets of a bailout bill (including oversight, taxpayer payback, etc.), why is it that a group of house Republicans–who are a sub group of the minority party–is stopping the congressional leadership from taking the bill to the floor? Is this just a gambit by the Republican party to allow John McCain to come in tomorrow and "unite" the congress–or the sub group of Republicans blocking the bill–and be seen as the great leader??

    September 25, 2008 at 10:25 pm |
  27. Rob

    so they have Useless elected officials making these decisions. This issue was started by these people completely manipulating the American people.The American dollar is useless in relation to eastern currency's becasue with gas and oil soon being purchased with the euro the threat is higher than imagined. mabey this money is needed to secure the worlds trust and buy there way back into the deeper hole..who knows anymore

    where is RON PAUL!?
    hes foreseen this "collapse" and knows the truth

    September 25, 2008 at 10:25 pm |
  28. David, Indiana

    "We the people" do need to hear more about this rescue, bailout, and the extent of the crisis. I do feel presidential politics has been infused into this process. This is why candidates should go ahead with debate in Mississippi

    September 25, 2008 at 10:24 pm |
  29. Cassie

    You all need to wake up here we will pay for this bailout or we will pay when the economy goes down it is a no win situation period.

    September 25, 2008 at 10:24 pm |
  30. Lori

    Why doesn't the government sell bonds, like they did in WWII, to finance this "rescue"?

    With the government to back the bonds, perhaps many people who are less enthusiastic can at least have their contribution insured.

    September 25, 2008 at 10:24 pm |
  31. cyndi

    Is anyone wondering what happened to all the money? Where did it go? Did it just disappear?

    September 25, 2008 at 10:24 pm |
  32. Karin - Canada

    There is no reason to rush this bailout plan through since it needs to be given thoughtful consideration before it will be passed. The Democrats do not want to pass the bailout plan without the majority of the Republicans baking them, which is reasonable since this is supposed to be bi-partisan plan. No party wants to be blames for the yet unknown outcome of this final plan ... regardless that the mess is mainly due to the Republican Administration.

    September 25, 2008 at 10:24 pm |
  33. Ray Edwards

    Anderson, I want alot of discussion, before my tax money is used to bail out the wall street fiasco. What no one is talking about is the total lack of oversight that supposedly the SEC and our leaders were supposed to provide. Naked short selling? Giving loans to those who had no stated income? I hope that the house and the senate can come to terms with the mess that THEY created, then I say vote ALL of them out of office and impose term limits on the Senate and the House. But-if you are going to spend a trillion dollars of OUR money, then I am glad they are debating this heavily. We, as a country, are already way too far in debt, and it is time that we take a hard look in the mirror. We elected these people–might be time for a change of ALL the ( leadership?). Couldn't do any worse than this.....

    September 25, 2008 at 10:23 pm |
  34. Bob King

    Refinance mortgages for primary homes! As long as home values continue to sink, the problem will never go away. Make the banks take the lose because their deeds forced home prices up beyond reality. Refinance homes at current market values and people will be able to remian in their homes. Mortgage payments puts the markets on track.

    September 25, 2008 at 10:23 pm |
  35. EJ (USA)

    I think the McCain campaign underestimated Katie Couric. I don't know what made them think she was going to be an easy interview.

    September 25, 2008 at 10:23 pm |
  36. Joan Tennison

    Re: Bailout

    Wouldn't it stimulate the economy quite a bit to offer low interest loans to responsible homeowners only for the purpose of paying off 2nd mortgages and equity lines... Perhaps the rules could allow the loan to transfer with the borrower to a smaller home, (then people could get out of upside down mortgage situations without having to default) .

    It seems that something to stimulate home sales would both help the economy, help "main street", and help to prevent future defaults.

    September 25, 2008 at 10:22 pm |
  37. Lisa in Georgia

    If my tax dollars are going to bail out Wall Street... I will be mad. Use the tax dollars to but them out.... if morgages was cheaper peope could pay this and they money would come rolling in....at a steady pace.... Wall Street was not worried about the American people when they thought they was being slick. Government just need to buy them out...

    September 25, 2008 at 10:21 pm |
  38. Dianna

    I think I have a solution. Why doesn't congress work out a deal with the gas companies to bail out wall street. That's where most of americans money seems to be going anyway.

    September 25, 2008 at 10:21 pm |
  39. Macie

    The gov't should consider doing the following:
    Buy back the bad debt, companies and or assets; give extension to those whose mortgages are close to foreclose; reassess or recalculate those loans with fixed rates and realistic terms; those assets that now belong to the gov't (by way of a regulated company) should be sold to private companies at good market rates and the money used to bring down the deficit. Tax payers should still get a break in their taxes as Barak Obama proposes (if he wins).

    September 25, 2008 at 10:21 pm |
  40. Vicky of IL

    It is great to hear from Ed Rollins. He is a very wise man and delivers his commentary with such eloquence. Thank you Ed Rollins.

    September 25, 2008 at 10:21 pm |
  41. SoniaGA

    Thank you ED ROLLINS!

    At least he can tell the truth!

    Obama and McCain did not need to be there, except to vote!

    September 25, 2008 at 10:20 pm |
  42. Sheryl

    McCain had already agreed to the Paulson Plan as long as it had those stipulations.....why was he so quiet in the meeting....isn't he the "reformer".....Come on McCain, reform the house republicans...

    September 25, 2008 at 10:20 pm |
  43. Kenneth Tomsovic in Louisville

    Bring the Jobs back home to America. No jobs, no money, everyone goes bankrupt!!

    we can do all the bailing out we want to do... but until we bring back the business, no one is going to have money to pay off their debt.

    Its like treating Cancer with tylenol

    September 25, 2008 at 10:20 pm |
  44. Greg

    I cannot believe this is happening. The great depression is knocking at the door, and our leaders are posturing. What a shame.

    September 25, 2008 at 10:20 pm |
  45. bob in Dover, DE

    If McCain wasn't there then they would have tried to push this through

    700 billlion dollars is a lot of money
    Its embarrassing that Obama didn't even want to leave Florida and go back to work

    Obama is a jr senator he has never had any responsibility in congress and he is following the lead of Reid and Frank But he should still be at work when he is one of 100 people in the senate that has control over this bill

    I hope the Republicans plan to let Private Banks buy part of the debt goes through.

    September 25, 2008 at 10:20 pm |
  46. Lori

    Evening Everyone,

    McCain may have been the one who decided to go to Washington first, but his lack of knowledge on the economy was so obvious with him not speaking very much nor asking very many questions. Obama on the other hand was very involved in the conversation by the sounds of it...what gives!!! People who are saying that McCain is a leader, have a very strange definition of the word!

    September 25, 2008 at 10:19 pm |
  47. june

    Why was John McCain smiling at the meeting with Bush and others? Does this man have his marbles? At least Obama was serious and asked questions.

    I guess this was just a photo op for McCain...

    September 25, 2008 at 10:19 pm |
  48. Jeannie

    I am getting bits and pieces of "news" that most Americans are totally against any bailout plan. Why is this not being broadcast more? Yes, we are in a dreadful, scary crisis, but a government "rescue" would be an even scarier government intrusion into our lives - To say nothing about the constitutionality of it.

    I so wish either presidential candidate would strongly, firmly and loudly speak up ONE WAY OR THE OTHER about their views and why they think this way.

    This whole bailout thing proves that politicians cannot rise above politics.

    September 25, 2008 at 10:19 pm |
  49. Mike, Syracuse NY

    OK, if McCain went to the meeting and said nothing, how can he possibly be the cause of the deal blowing up? At least be logical in your arguments Obamites. These are mutually exclusive situations. Reid also said McCain's help was needed to get Rep. support. Now he has flipped and says McCain should stay away.

    September 25, 2008 at 10:19 pm |
  50. toby m, montana

    I hear all the talk about the bailout. But what about the CEO's and management of the companies that are going to get bailed out. It would be apporpriate to confiscate the compensation they recieved while at the helm of the companies. Seems this issue has not been addressed and I wonder why. The CEO of Leman received a 2o million bonus.

    September 25, 2008 at 10:18 pm |
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