Skip to comments.LIVE Bush to speak on bailout
Posted on 09/29/2008 4:32:53 AM PDT by CE2949BB
President Bush will speak in a few minutes. Get to a TV and watch it, if you have the stomach for it.
I don’t (sad day) I hope the house repubs remember who they are working for
I can’t bear to watch - besides, I’m at work.
Guess he wants to get on before the markets open
What BS —If the markets can’t wait for a debated bill then they shouldn’t survive
Says Congress reached an agreement yesterday...bold bill...appreciates leadership on both sides of the aisle..
..this addresses the root cause...requires guarantee program..oversight...ensures failed execs don’t get windfall..
Vote NO!!! Or at least vote Present.
The US will be in the business of buying day old bread.
Lemme guess. He’s selling us a boatload. I’m sick of the whole bunch.
This is just crazy! I said in 2006 that the housing bubble was going to burst! We were living in California and I saw people who made $80K a year getting home loans for houses costing $799K and I said THAT WILL NOT WORK FOR VERY LONG! I guess I should have told Congress! I guess I gave them credit for being smarter than they are! LOL
I agree - no bailouts (but I still gotta work to pay taxes this morning)
what is the real story. wouldn’t we all like to know. is he a demon new world order puppet? is he just a shill for big oil and wall street? is he so stupid to be swayed by Paulsen and Bernacke of goldman sachs heritage? is he too dumb to understand that bob woodward is no friend to him or the soldier?
so many hopes for him in 2004 have died with him. i guess we should be glad that he has stayed true to the american soldier if not the american taxpayer.
Americans worried about cost- he understands..expects over time most if not all will be paid back...must be passed now..confident members will pass bill promptly...
vote for bill is to prevent damage to community and family..
Still facing problems..credit crunch..this will restore strength and stability..
go away Bush. the whole country hates you now :(
Bush CLAIMS that most if not all of the tax dollars will be repaid. Yeah, right.... tell me another BIG ONE!
I do not. I've got CMT on the TV. One can only look at a trainwreck for so long before being overcome by the carnage. I have to look away.
The phrase I’ve heard a couple times that makes me think they’ll still be “parachutes” for the execs is: The execs will not receive compensation from YOUR TAX DOLLARS.
That makes me think the companies themselves will still use funds to compensate the execs.
My husband’s read most of the bill and we still don’t have an answer, but why does the phrase “FROM YOUR TAX DOLLARS” seem to be in every explanation about compensation to CEOs.
Give George Bush some credit. He’s the only lame duck in history that was able to cram an additional $700 billion through Congress in the last four months of his presidency.
Let not your heart be troubled, McCain will give away that which W didn’t have time to.
Same ol’ same ol’. Claims to get to the “root of the problem”, but he fails to even mention that the root of the problem is the government-mandated generous offering of credit to deadbeats that have a snowball’s chance in Key West of paying back these loans.
This whole thing is a helluva a gift to the Democrats. Bend over and prepare thyself for the great Obamessiah!