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  • sgherman24

    Ok, George meant well. He should have explained the long term “benefit” to the citizens for bailing out the bad practices of the financial instititions.

    BTW: McCain is absolutely correct to drop everything and help solve this crisis…being a Senator at this time, is very important, Obama STILL does not “get” what his job has been as a US Senator…McCains’ political camp needs to exploit this in the the next few days.

  • jdripper

    at some point go to the microphones and the TV cameras and say John was right and we were wrong in 2005. His leadership today was a blessing to the country in saving our economy.

  • Strelnikov

    $700 Billion = Future Prosperity

    Debt = Wealth

    War = Peace

    Freedom = Slavery

  • mike_carton

    Best Bush speech I’ve seen. He treated his audience like adults, explained things instead of saying “take my word for it.” Liked the last two lines of the speech best “Thanks for listening to me. God bless you.” The last really did sound like a supplication to God, as it should; he used to deliver the usual “God bless United States of America” like it was a demand. This is how a President should be; knowledgeable, able to take tough, unpopular decisions but able to explain them and also humble when talking to his employers.

    The country’s been mostly against the bailout; interesting to see if the speech will change any minds.

  • Steven_Willis

    Debt = assets is basic accounting 101. Debit assets and credit liabilities.

    $700 Billion equals prosperity rather than depression. Palin was correct about that, although a tad alarming.

    War indeed equals peace. See WWII.

    I’ve no idea what your last sarcasm means.

    But, sarcasm such as your’s – and worse that of Reid and Letterman and Obama risk panic and depression.

    The MBSs have real value; they just lack liquidity. That is as much as result of silly accounting policies as anything else. It is also the fault of Congress and Freddie and Fannie and the failure of Congress to rein in Freddie and Fannie several years ago (thanks to Obama and Clinton).

    I thought W was great. He said we’ll get most of the money back. I like the understatement. I think we’ll get all of it back, with a profit. I thank McCain for boldness and yes, I think he is helping push this through.

    Nevertheless, I fear Obama will win and the dems will mess it up despite heroic efforts. Thus I will have a Scotch.

    SJW

  • Steven_Willis

    Debt = assets is basic accounting 101. Debit assets and credit liabilities.

    $700 Billion equals prosperity rather than depression. Palin was correct about that, although a tad alarming.

    War indeed equals peace. See WWII.

    I’ve no idea what your last sarcasm means.

    But, sarcasm such as your’s – and worse that of Reid and Letterman and Obama risk panic and depression.

    The MBSs have real value; they just lack liquidity. That is as much as result of silly accounting policies as anything else. It is also the fault of Congress and Freddie and Fannie and the failure of Congress to rein in Freddie and Fannie several years ago (thanks to Obama and Clinton).

    I thought W was great. He said we’ll get most of the money back. I like the understatement. I think we’ll get all of it back, with a profit. I thank McCain for boldness and yes, I think he is helping push this through.

    Nevertheless, I fear Obama will win and the dems will mess it up despite heroic efforts. Thus I will have a Scotch.

    SJW

  • Flagstaff

    who believe the bill will end democracy as we know it?

    Have you noticed that everybody is picking on Alan Colmes recently? And he’s getting PO’d by it.

  • Strelnikov

    If you really are a professor, I am appalled!

    Not to recognize Orwell’s “Freedom is slavery” from “1984″???

    But now I understand why you did not understand the sarcasm behind “Debt – Wealth” !!!

  • Steven_Willis

    You can be appalled all you want.

    Of course I get the reference to Orwell. I just do not see the relevance, so cut the condescension.

    I stand by my reply. Your sarcasm hurts the situation. That is the sort of thing that will lead to panic.

    I see you’ve been here a month and are a catholic teacher – but your signature insults catholics. I don’t get that humor either . . . but I guess I just do not understand personal attacks.

    Go away if you want to be personal and not discuss the issues.

  • Steven_Willis

    You can be appalled all you want.

    Of course I get the reference to Orwell. I just do not see the relevance, so cut the condescension.

    I stand by my reply. Your sarcasm hurts the situation. That is the sort of thing that will lead to panic.

    I see you’ve been here a month and are a catholic teacher – but your signature insults catholics. I don’t get that humor either . . . but I guess I just do not understand personal attacks.

    Go away if you want to be personal and not discuss the issues.

  • Strelnikov

    Your comment “I have no idea what your last sarcasm means” was simply interpreted as ignorance of Orwell.

    I am happy to read that you understand Orwell!

    My signature is no insult to Catholics: it is an insult to left-wing pseudo-Catholics, if you read it carefully! :}