What happened in the White House meeting yesterday?

EmperorHadrian says it best:

"Fourty years of republican misrule has brought us to this. Financial ruin at every level. But CNN reported on what happened inside the meeting at the White House today. Its failure seems to have caused the failure of this deal, and this meeting would not have occured if McCain hadn't demanded it. He took another huge gamble, and lost. After the cameras left, Boehner started ranting about the right wing "plan" (deregulation, capital gains tax cuts, and an insurance plan that Paulson said won't work). Bush was silent, and McCain said nothing. It seems as though Obama was the only one who tried to lead the meeting to some productive conclusion. CNN said that Obama first tried to reason with Boehner, and ask him to detail what his plan was. After he did this, Obama calmly asked Paulson if it would work, and Paulson said that it definately would not work (which was why house republicans didn't ask him about this at the meeting yesterday). Obama continued with his attempts to salvage the mess that McCain created and refused to correct, but was unable. Again we see how much we need Obama and his leadership, and how disastrous McCain would be."