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Good News: Bush Considering Prime Time Address On Economic Crisis

This is great news . . . for Obama:

President Bush might make a televised speech to pressure Congress to approve a $700 billion plan to bail out Wall Street, a White House spokeswoman said. President Bush may address the nation about the $700 billion bailout package as early as Wednesday night.

The president is trying to decide "whether, how or when" to address the nation, spokeswoman Dana Perino said Wednesday. "The American people have questions and a lot of concerns and the president has been trying to answer them."

(Emphasis supplied.) Please, please, please, let it be true. I want to hear Bush "answer the concerns" of the American People about anything. Let's fire up the pictures of McCain with Bush. Bush could bury the Paulson plan and the McCain campaign all in one fell swoop.

By Big Tent Democrat, speaking for me only

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  • Display: Sort:
    I think Nancy Pelosi may have goaded him (5.00 / 0) (#1)
    by andgarden on Wed Sep 24, 2008 at 11:32:28 AM EST
    into it.

    The one useful thing she's done in two years.

    Give her credit for standing w/Hillary (5.00 / 1) (#4)
    by oculus on Wed Sep 24, 2008 at 11:41:00 AM EST
    Clinton against the proposed regs. re birth control.  

    [ Parent ]
    Yup. (none / 0) (#37)
    by ChiTownDenny on Wed Sep 24, 2008 at 01:40:21 PM EST
    Finally, Pelosi steps up to the plate.  This is a highly charged issue.  I'm glad to see "political" leadership from the Dems, not just blame.

    [ Parent ]
    You feel giddy, oh so giddy. (5.00 / 3) (#2)
    by oculus on Wed Sep 24, 2008 at 11:39:32 AM EST


    Does ANYONE even bother to watch (5.00 / 1) (#3)
    by esmense on Wed Sep 24, 2008 at 11:39:51 AM EST
    his speeches anymore?

    He is literally... (5.00 / 0) (#6)
    by desertswine on Wed Sep 24, 2008 at 11:42:14 AM EST
    beyond lame duck at this point.

    [ Parent ]
    We need to coin a new term (none / 0) (#13)
    by Fabian on Wed Sep 24, 2008 at 11:49:48 AM EST
    just for Bush.  Right now his status is just above "warm body".  Lame duck implies that he still has some clout, although it is greatly diminished.  Right now his party thinks he is good for little more than fund raising.  I mean, has Bush actually stumped for McCain, on the same stage with him in a public, unscripted, fully public event without a carefully preselected audience?

    We have Bill Clinton doing television appearances.  Granted, they aren't exactly stumping for Obama appearances, but he's not been sent away to an undisclosed location until after the elections.

    Hmmm, money making opportunity - project his address on a cheap, disposable screen, charge admission and sell buckets of eggs and fruit for people to do with what they will...

    [ Parent ]

    The Organization of Lame Ducks (OLD) (5.00 / 1) (#38)
    by robrecht on Wed Sep 24, 2008 at 01:41:22 PM EST
    has filed a Citizens's Petition demanding that a new term be used for President Bush.  "This is an outrageous insult to handicapped and injured ducks everywhere."

    [ Parent ]
    As much as it might be an interesting (5.00 / 1) (#30)
    by Anne on Wed Sep 24, 2008 at 01:01:39 PM EST
    experiment to see just how high my blood pressure can go, I will be watching Project Runway...

    [ Parent ]
    Ah'm George W. Bush. . . (5.00 / 4) (#8)
    by LarryInNYC on Wed Sep 24, 2008 at 11:46:14 AM EST
    and Ah'm hear to solve the economical problems!

    Haven't they learned (5.00 / 3) (#9)
    by TomStewart on Wed Sep 24, 2008 at 11:46:58 AM EST
    not to let him near the words anymore?

    Paulson must be aghast <eom> (5.00 / 1) (#11)
    by votermom on Wed Sep 24, 2008 at 11:49:11 AM EST


    More material for The Daily Show (5.00 / 5) (#12)
    by themomcat on Wed Sep 24, 2008 at 11:49:20 AM EST
    I watched last night's TDS and Stewart's take on Bush's "House of Cards" analogy. If it weren't so funny, I would probably cry.
    So, if Bush addresses the Nation, i can expect to LMAO watching Jon Stewart and Steven Colbert.
    P.S. Pres. Clinton was awesome.

    No, (5.00 / 1) (#17)
    by Claw on Wed Sep 24, 2008 at 12:15:29 PM EST
    See, the economy's all interconectified...and "then AIG came along."  Came along?!  I wanted to throw my TV out the window.

    [ Parent ]
    Jon Stewart's reactions (5.00 / 0) (#18)
    by themomcat on Wed Sep 24, 2008 at 12:22:39 PM EST
    to the nonsense that was spewing from Bush's mouth was what kept me from dong just that to a very expensive flat screen monitor.


    [ Parent ]
    Brother Bush Explains It All To You (5.00 / 1) (#24)
    by litigatormom on Wed Sep 24, 2008 at 12:42:32 PM EST
    Like this startling insight:

    Well, my first instinct wasn't to lay out a huge government plan. My first instinct was to let the market work until I realized, upon being briefed by the experts, of how significant this problem became. (In other words, my instinct was to do nothing until other people told me that we were in deep shit.)

    And so I decided to act and act boldly. It turns out that there's a lot of interlinks throughout the financial system. (Who would have thunk it? I thought that the free market system meant that it was free of consequences from other parts of the market.) The system had grown to a point where a lot of people were dependent upon each other (I wish Paulson had told me this before I ran around telling everyone that the markets were fine), and that the collapse of one part of the system wouldn't just affect a part of the financial markets; it would affect the average citizen _ and how. (It's my job to make sure that the pain is shared.) Well, it affect their capacity to borrow money to buy a house or to finance a college loan. (Banks need to be free once again to make loans without doing appropriate credit analysis.) It affect the ability of a small business to get credit. (Because I'm always about small business and the little guy.

    I'm really looking forward to that. I think I will learn a lot from that.

    [ Parent ]

    subprime time (5.00 / 2) (#14)
    by Katherine Graham Cracker on Wed Sep 24, 2008 at 11:53:59 AM EST
    ok I stole it

    Only thing is, Paulson is (5.00 / 1) (#15)
    by oculus on Wed Sep 24, 2008 at 11:57:11 AM EST
    Bush's guy.  Not gone, just forgotten.

    I'll be curious to see (5.00 / 1) (#21)
    by OldCity on Wed Sep 24, 2008 at 12:35:22 PM EST
    whether he appeals to the Republicans in Congress to get behind the Paulson plan or something close.  

    It's sort of a foregone conclusion that the Republicans are dying to spin this the Democrats' way.  I think the solution is to demand that any vote be dependent on McCain's support and the support of the majority of Republicans.  I cannot see how Pelosi or Reid could allow anything to move forward without those conditions fulfilled.

    Bush will be in the unfortunate position of looking utterly incredible if he speaks to either regulatory failures or eceonomic structure.  He may, after all, be the least competent graduate of HBS in recent memory.  

    The Democratic response must be forceful, pointing out the Bush administration agenda, and also coercive to those Congressional Republican leftovers from 2006...thay must admit their complicit behavior with regard to their utter failure to engage in any oversight whatsoever.

    Regardless of the success of the measure, the debacle has to be spun towards the Republicans.  This is one of those times when message counts.  the party in power has to take the fall, here.  

    Who should do the response? (none / 0) (#22)
    by Katherine Graham Cracker on Wed Sep 24, 2008 at 12:36:46 PM EST


    [ Parent ]
    Jon Tester (none / 0) (#27)
    by Big Tent Democrat on Wed Sep 24, 2008 at 12:47:05 PM EST


    [ Parent ]
    John Stewart (5.00 / 2) (#33)
    by OldCity on Wed Sep 24, 2008 at 01:15:45 PM EST
    lol

    [ Parent ]
    Jon Tester (none / 0) (#35)
    by coigue on Wed Sep 24, 2008 at 01:28:10 PM EST
    after consultation with Barney Frank for context.

    [ Parent ]
    Tester (5.00 / 1) (#36)
    by Katherine Graham Cracker on Wed Sep 24, 2008 at 01:37:36 PM EST
    I like that and if he weren't available Sherrod Brown

    [ Parent ]
    well (5.00 / 2) (#23)
    by connecticut yankee on Wed Sep 24, 2008 at 12:41:29 PM EST
    Ive actually felt sorry for Bush these last weeks. He's sort of like rudolph and his other reindeer friends are making fun of his nose.

    Only he's evil.

    Just go back to Texas (5.00 / 1) (#25)
    by mmc9431 on Wed Sep 24, 2008 at 12:42:53 PM EST
    I could never stand to watch him and his smirk even when he was revelant. Now that he's destroyed just about every aspect of the American dream and ideals, why would I waste my time and blood pressure to listen to the babblings of an arrogant fool.

    Maybe he'as going to apologize for his totally incompetent leadership! (snark) Now that I'd watch.

    Well (5.00 / 1) (#40)
    by Ga6thDem on Wed Sep 24, 2008 at 02:25:22 PM EST
    certainly it helps Dems in general for Bush to be talking about the economy however if it comes out that he frames the 700 billion dollar package as "his" and the dems approve it then the GOP will win this issue.

    blech (none / 0) (#5)
    by txpublicdefender on Wed Sep 24, 2008 at 11:41:40 AM EST
    They better not interrupt my regularly scheduled TV programming for his inane babbling!

    giggle (none / 0) (#7)
    by coigue on Wed Sep 24, 2008 at 11:44:00 AM EST


    I saw him (none / 0) (#10)
    by lilburro on Wed Sep 24, 2008 at 11:47:09 AM EST
    mumbling his way through a house of cards analogy last night on The Daily Show.  I am confident he has no idea what is going on.

    Not the best speechifyer in the world. (none / 0) (#16)
    by sarcastic unnamed one on Wed Sep 24, 2008 at 12:12:22 PM EST
    Anyone catch the short speech he made with Paulson when the 700B was proposed? He vowed that "Anyone engaged in illegal financial transactions will be caught and persecuted." (At about 4:25 in the video) Did you mean prosecuted?

    No, he meant persecuted (5.00 / 2) (#26)
    by litigatormom on Wed Sep 24, 2008 at 12:44:15 PM EST
    Because they were stupid enough to get caught, notwithstanding the Administration's stunning lack of oversight, thereby further diminishing Republican market theology.

    [ Parent ]
    Shrub must hate McCain (none / 0) (#19)
    by Katherine Graham Cracker on Wed Sep 24, 2008 at 12:27:31 PM EST
    What could he possibly say that would help that Republican cause....".there are wmds in the foreclosed houses and reps from the fed in danger of becoming human shields?"

    $700 billion Price Tag (none / 0) (#20)
    by themomcat on Wed Sep 24, 2008 at 12:28:19 PM EST
    I would love to hear, in Bushonics, how they arrived at that figure. Now that would be funny.


    Game on. (none / 0) (#28)
    by LarryInNYC on Wed Sep 24, 2008 at 12:49:30 PM EST
    9pm tonight.

    What's the competition in that (none / 0) (#29)
    by oculus on Wed Sep 24, 2008 at 12:52:06 PM EST
    time slot?  

    [ Parent ]
    Just checked {grin} (none / 0) (#31)
    by nycstray on Wed Sep 24, 2008 at 01:02:16 PM EST
    Criminal Minds and L&O premieres. Til Death and AGT. I'll be on Bravo or the Food network or perhaps baseball  :)

    [ Parent ]
    I'll be in the shower (none / 0) (#32)
    by themomcat on Wed Sep 24, 2008 at 01:08:38 PM EST
    getting ready to go to work. Listening to traffic and weather reports. :-)


    [ Parent ]
    As Hudson said in "Aliens" (none / 0) (#34)
    by kmblue on Wed Sep 24, 2008 at 01:21:59 PM EST
    I feel safer already. ;)

    Paulson Plan is Now Doomed! (none / 0) (#39)
    by ElBlot on Wed Sep 24, 2008 at 01:45:39 PM EST
    I agree completely that this is great news!

    Selling W. short (none / 0) (#41)
    by lentinel on Wed Sep 24, 2008 at 03:14:20 PM EST
    I think you're underestimating Bush.

    Remember in 2006? The dems gained control of both houses of congress. Pelosi emerged as a leader.
    Everyone agreed that the war in Iraq was the issue.
    Bush appointed a commission.

    We wound up sending tens of thousands of more soldiers to Iraq.
    The dems played dead.
    Bush emerged as the strong one.

    Neither Obama or McCain appear to have much to say about the economy right now. Bush is emerging as Presidential once again.
    This is better news for McCain than for Obama - who has not shown himself to be a strong candidate thus far.

    It's not as if Hillary Clinton were the nominee.

    Allowing him to speak may be a very bad idea (none / 0) (#42)
    by esmense on Wed Sep 24, 2008 at 04:37:47 PM EST
    It sure isn't going to inspire confidence in the American economy.

    How much do you think the dollar will be worth when he's done?

    Why Listen To Bush? (none / 0) (#43)
    by TiredReasonNZL on Wed Sep 24, 2008 at 05:22:18 PM EST
    I don't understand! In 2001 America was attacked by terrorists based in Afghanistan and Pakistan, and George W. Bush was the guy who authorised to instead go after a dictatorship in Iraq.  He's funnelled over 550 billion dollars into the US military to continue an invasion into another country and now he wants tax payers to foot a 700 billion dollar bill because the country he's running is in financial crisis?

    If this was a South American nation, his citizens would be rioting by now! Why isn't anybody calling for his resignation?