Bush TV address: 'Once in century crisis'

a once in a century crisis

Thats funny...I thought he was elected twice.

So much for the republicans saying they are against big government. Has there ever been a larger government than under George W Bush? Lower taxes on one hand but then fund an unjust war and fund wall street mistakes with an ENORMOUS amount of tax payer money. How is this a balanced budget? How is this small government?

I note it only took to '08 to get to the worst crisis of the 21st century. Good work, Prez Blofeld.
PS,
I guess the Iraq War now resets to the second worst mistake.

Gosh, I'm feeling better already! HAHAHAHAHAHAHHA

"A once in a century crisis" implies that stuff like this "just happens" every century or so. Not true. We make it happen. We could go 500 years with this never happening again, if we learn the lesson that people are naturally greedy and will take advantage of a situation, and that's why we needs to put some control and transparency into the process.

I find it good to know that my tax dollars are going towards bailing out lenders who failed at, and will probably continue to fail at, regulating themselves. What happened to forcing banks to back up what they choose to lend out?

Whatever. I just hope that he doesn't use his special presidentiary powers to appoint himself president for life due to the crisis.

Ummm ... according to my calendar, it's been less than 100 years since the last great depression...

My fellow Americans. We must not allow the smoking gun to be a mushroom cloud........I mean, a financial meltdown!
You can trust me when I tell you that I am 100% positive that Iraq, I mean Wall Street, has weapons of mass destruction.....I mean, has debts of massive proportion.
If we don't invade, I mean, if we don't hand over a no-strings-attached check for a trillion dollars immediately, many fine billionaires may have to sell their Winter homes in Barbados!
As a true-blue conservative, I believe that we must get government out of the way of business.....I mean, we must enlist government as a provider of corporate welfare.
As I asked you after 9/11, please go shopping, I mean, don't go shopping! I need you to send all your money, all your kids' money, and all your grandkids' money to Halliburton, I mean to Secretary Paulson. If you don't, the terrorists win......I mean, the children of Goldman Sach's employees may be forced to go to public school!
I know that the past eight years have proved to you just how much you can trust me on this.

The Republicans used 911 to consolidate Executive authority and to erode Civil Liberties and Constitutional rights. Now they will use the credit crunch to erode congressional budget and regulator powers by giving absolute authority to the Sec of Treasury. What is next?
Oh...yea that is right destruction of the middle class when the dollar is devalued and taxes raised.

whodathunkit - almost killed me! I am cracking upppP!!!!!!!!!!!!

So who will the Accountability President blame this time? The wretched poor who got mortgages they couldn't afford? The do-nothing Democratic Congress that held up reform legislation that would have prevented bailouts? How many excuses can he fit into 12-14 minutes? I guarantee he will not blame himself or his party.

Bush has told us lie after lie, why should we believe him now?
Just watched Bernanke and Paulson on tv in front of the Senate, neither of these two BS artists would or could answer a straight yes or no question.

Yeah, So much for repealing laws preventing banks from going into the insurance gig and vice verse that came out of the Great Depression. Haven't we learned from our past mistakes? I guess NOT!

History has to repeat itself. Let me put it this way, if these so-called brilliant genius yahoos in our government go ahead with this who in hell is going bail them out? All they would do is print more money, a trillion worth to pay for it. This will break and severely dilute the value of the US dollar making it worth the same as toilet paper.

Hyperinflation, everyone is broke. Everyone's bank account is worthless, pensions, you name it is gone and worthless.

Damned if we do and damned if we don't! I remember the late Johny Carson in one of his stints -- I'll add a little ad hoc truth to it --

Name me a Chimp - George W. Bush
Name me a Champ - George Foreman
Name me a Chump - American Tax Payer

Horde the gold, silver and any precious metals folks, it is going to get really nasty anyway you slice this calamity.

Bush is unbelieveable! He wants us (the taxpayers) with our money (taxes) to bail out his fat cat rich friends? NO MORE MONEY to bail out these greedy corrupt institutions! Why doesn't someone suggest that the CEO's, Administrative Execs etc. of the funds/banks & mortgage companies pay back all the money that their greed has cost the little people who are losing their jobs & their homes? Like someone said above, they might have to sell one of their 3+ homes (is it 8 houses McCain owns?). If ever there was an issue that should persuade Americans that the Republicans need to be canned, this is it! And, the reason that the Democratic Congress got nothing through was because of all the filibustering, delaying tactics & Bush vetoes that stopped any bills from being voted on or passed. Wake up, America!!

How many "once in a century" crises have occurred during President Bush's tenure?
Is he just an unlucky guy, like with his businesses?
Or was this crisis planned? Just came a few months early?
Paul Weyrich said you had to defund government so you can drown it in the bathtub.

And the conservative voices fell silent. Well, at least that's one good thing about this so-called "crisis."

Seriously, though, the Terry Nugent's of the world have to be embarrassed that they supported this administration and the Republican leadership all of these years.

Come on out and play, Terry. And bring your friend, Paulo.

Gary S,
You could be right. It could be a stealth way to terminate Social Security which the Republicans have always been against.

Wake up, America. This is George W’s final gift to his wealthiest supporters and he’s expecting YOU to pay for it!