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Bush: 'I Went Against My Free-Market Instincts'
ABC News ^ | November 12, 2009 5:06 PM | George Stephanopoulos

Posted on 11/16/2009 12:13:44 PM PST by meandog

An energized George W. Bush laid out plans for his public policy institute – and appointed its first fellows -at SMU today.

My colleagues Devin Dwyer and Evan Harris report on a man who didn’t seem to miss flying to the APEC Conference today:

“I Went Against My Free-Market Instincts”

That’s what former President Bush said today in explaining why he signed off on the bailout for Wall Street…calling the decision “one of the most difficult of his presidency.”

The former President made the remarks at the unveiling of the George W. Bush Presidential Center at Southern Methodist University.

“I went against my free-market instincts and approved a temporary government intervention to unfreeze the credit markets so that we could avoid a major global depression,” Bush said.

And without mentioning President Obama by name the former President did have some rather pointed comments for the current Administration claiming that generally “history shows that the greater threat to prosperity is not too little government involvement, but too much

(Excerpt) Read more at blogs.abcnews.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: bailouts; bush; readdailykos; welcomedulurkers
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Too late for second guesses, Doublepeeyew!
1 posted on 11/16/2009 12:13:45 PM PST by meandog
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To: meandog
so that we could avoid a major global depression

So how's that working out for you?

2 posted on 11/16/2009 12:16:14 PM PST by Jeff Chandler (:: The government will do for health care what it did for real estate. ::)
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To: meandog

W was rolled.

My favorite part was when Disidente Juan McCain jumped in with the “me too” trashing of capitalism.


3 posted on 11/16/2009 12:17:37 PM PST by Jeff Chandler (:: The government will do for health care what it did for real estate. ::)
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To: meandog
Bush: I Went Against My Free-Market Instincts

Well then, what else is there to do than develop a think tank so you can influence others with your sage advice.

Bush, you should never have been president. Now please go off an play golf with my blessing. Just shut the hell up when it comes to your vision of what sound policy should be.

4 posted on 11/16/2009 12:17:59 PM PST by DoughtyOne (Unseal the lock box containing every document pertaining to Obama's life, TODAY!)
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To: meandog

Bush’s biggest mistake was appointing Paulson (D - Chicago), to head the Treasury.


5 posted on 11/16/2009 12:19:05 PM PST by 3niner (When Obama succeeds, America fails.)
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To: Jeff Chandler
So how's that working out for you?

Well, so far there is no depression...

6 posted on 11/16/2009 12:19:32 PM PST by what's up
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To: meandog
“I Went Against My Free-Market Instincts”

Yeah, right!

What about the free drugs for seniors, education funding through the roof, along with outrageous discretionary spending on transportation, energy and farming? Not to mention comprehensive immigration reform. A domestic policy agenda only a liberal could support.

7 posted on 11/16/2009 12:19:40 PM PST by Reagan Man ("In this present crisis, government is not the solution to our problem; government is the problem.")
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To: Jeff Chandler
This was one of the problems:

"Our first focus is education,” Bush said. “It was my top priority as governor and top domestic priority as president.” (Kennedy No Child Left Behind Act--taking power away from local school boards)

8 posted on 11/16/2009 12:19:50 PM PST by meandog (It's looking more and more like Huck or the Romulan in 2012)
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To: meandog

(Bush)
Sir, thank you for keeping our country safe following the 9/11 attacks.

Politically and domestically, however, you left your supporters out to dry by not defending against the lies and insisting on your “new tone”.

In doing so, you allowed a DOMESTIC ENEMY to succeed you and make us more vulnerable than we ever were before.


9 posted on 11/16/2009 12:21:04 PM PST by MrB (The difference between a humanist and a Satanist is that the latter knows who he's working for.)
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To: meandog
“I Went Against My Free-Market Instincts”

That's whay an Ivy League Education will do for you everytime.

10 posted on 11/16/2009 12:21:31 PM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: meandog
Keeping America safe for eight years is worth a lot...

no matter what you think of him today...


11 posted on 11/16/2009 12:21:32 PM PST by jessduntno (TOTUS fails and POtuS becomes a phuttering stuck.)
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To: meandog
Well Doubleya, being the globalist that you are, there is no excuse for not knowing that the used-to-be mostly free market economy of the US is what holds up the global economy.

Rots of ruck.

12 posted on 11/16/2009 12:22:15 PM PST by Navy Patriot (Sarah and the Conservatives will rock your world.)
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To: 3niner

That in itself is a big enough mistake, so that even if there were no others, that one would prove irreversibly damaging, since waaaaaaayyyyy back in September Paulson appeared just a FEW times , passing on the most apocalyptic news, went unchallenged, and basically disappeared for more than a year. HE was the face of STIMULUS.


13 posted on 11/16/2009 12:22:55 PM PST by supremedoctrine
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To: MrB

Well said! I am in agreement with you 100% (as usual).


14 posted on 11/16/2009 12:22:58 PM PST by Lucky9teen (Vigilance and resistance are still required, now more than ever.)
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To: meandog

‘Preciate the apology George, but it’s too late. Same for Medicare and all the other spending you blew up. How about all those non-vetos? Sorry about those yet? Don’t get me wrong, you were better than Obama, or Gore or Kerry, but how hard was that? Your liberalism energized the Dems and depressed Conservatives, and gave us Obama. Too little, too late.


15 posted on 11/16/2009 12:23:07 PM PST by Republic of Texas (Socialism Always Fails)
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To: meandog

This is old news.

From like - last year.

http://www.breitbart.com/article.php?id=081216215816.8g97981o&show_article=1

http://www.google.com/hostednews/afp/article/ALeqM5jyyKrPjYt7VhpS8G8DrRkr18B0hA


16 posted on 11/16/2009 12:23:21 PM PST by Responsibility2nd (I want my country back.)
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To: Republic of Texas

bttt your post


17 posted on 11/16/2009 12:26:47 PM PST by Guenevere (....)
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To: Guenevere
ps...and his daughter has chosen to work for NBC...

NBC....like she couldn't find work elsewhere????

18 posted on 11/16/2009 12:28:07 PM PST by Guenevere (....)
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To: 3niner
Bush’s biggest mistake was appointing Paulson (D - Chicago Goldman Sachs), to head the Treasury.
19 posted on 11/16/2009 12:28:45 PM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. May yur bandwidth exceed your girth)
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To: jessduntno

20 posted on 11/16/2009 12:28:54 PM PST by meandog (It's looking more and more like Huck or the Romulan in 2012)
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