President Bush speaks on financial crisis

Well, it’s nice to know he cares. He really cares. Hey, who we gonna bail out next?

WASHINGTON (AP) — President Bush says he shares the American people’s concern about the situation in U.S. financial markets and the economy.

Bush says the markets are adjusting to “extraordinary measures” the government has taken to stabilize the economy.

The president delivered a statement to the America people from just outside the Oval Office. He said that he and his advisers are working to promote stability in the markets. But Bush did not announce any new policy moves.

The president scrapped an out-of-town trip to monitor the situation and will meet later Thursday with Treasury Secretary Henry Paulson.

3 Responses to “President Bush speaks on financial crisis”

  1. LB Says:

    “Well, it’s nice to know he cares. He really cares. Hey, who we gonna bail out next?” + Sarcastic picture

    So is this BREAKING NEWS or opinion?

  2. Admin Says:

    It’s both.

    Think of it as a two-fer.

    No charge.

  3. Admin Says:

    In all seriousness, how can one not find sarcasm in this situation. Who’s to blame? Bush is an easy target, and, in all fairness, there is little he can do about it now, what with three months left in office.

    Our system needs complete reform, hopefully starting fresh with a new administration.

    One thing I don’t agree with Bush on: We should not have bailed out AIG.

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