Bush Speaks On Economic Crisis
I think what bothers me the most about this is that people have been saying the economy was in danger for a long time. Politicians who are in office always try to put a positive spin on everything and as you can see it doesn’t work. Even though they’ve waited until the last minute, I’m glad the Bush Administration has come to terms with what’s going on. I just hope they don’t make any rushed decisions and make things worse. Whoever wins this election is going to have a lot of work ahead of them. Whether you feel he is ready or not, Obama is a brave many for wanting to run for Office. No vacations on the ranch for him.
September 25th, 2008 at 5:29 pm
It cracks me up that Bush is trying to mortgage the future for the kids on Wall Street that went postal on investing in futures that had no, well, future. Everyone knew what the real was, they had fun, and no Georgey is gonna bail everyone out. Not to mention the fact that our kids will be paying for this mistake. I don’t have the right answer on this one but I do know that Greenspan had been calling for someone to pull their heads out of their bottoms and everyone looked the other way. MAN, I hope we don’t make this mistake again on Nov. 4th
September 25th, 2008 at 9:10 pm
George Bush has made no attempt to balance the budget and has borrowed us into trillions of dollars of debt.
–Currently the United States is over $10 trillion in debt and quickly increasing
– This comes out to over $30,000 per person.
– This is over $60,000 per working person
– Where is this money going to come from?
– This bail out wouldn’t be as big of a deal if we weren’t already so over spent.
I don’t mind going into debt if it is an investment or to protect against some downside risk. I won’t go into that though because it is an entirely different topic.
When I was listening to George Bush all I heard was “blah blah blah more money blah blah blah my fault blah blah blah”
That’s all…