The biggest bailout evah

Sep 19, 2008 09:27

I've been working the last three nights and it's been pretty darn busy. My brain is tired and I've never had an affinity for economics on the best of days. I've just seen Bush's speech (and for the first time, he did a whole speech without smirking so you know it's pretty damn serious) and Obama's speech ( Read more... )

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tenaya September 19 2008, 18:00:33 UTC
The majority the Dems have had for two years was not enough to get anything done so it hardly seems like they had any power; just the power to slow down Bush. I feel like bitchslapping those Rep pundits that want to lay all the current ills on the Dems because 'they've been in power for 2 years.' It seems like the bigger the lie is, the more fun they have in speaking it.

Bush has brought this country to its knees on so many different ways. My 76 year old mother would have him tried for treason. And this does involve the rest of the world, too. It's damn scary. It does seem that everything financial was a hair away from either freezing up or failing completely. It's too astounding really. How could they be so selfish and greedy to let it come to this?

Obama looked liked a well educated man that was facing a complex problem; he would pause as he would try to simplify his explanation without being condescending. He spoke to the common man's concerns and also made it plain that CEOs were not gonna use this to their advantage if he had anything to say about it. He took questions and answered them (that's the first test for me when listening to a politician--will they actually listen and answer the question!) Bush made a short speech and left. No questions. It certainly did not build confidence; in fact it made me quite anxious. "Here's what we're gonna do to save the country but it has risk and may not be enough. Bye." But Bush was not to be found on 9/11 and he was on vacation three years ago, proud of the fact that he didn't watch the news because it might influence him. "Good job, Brownie."

Was it just yesterday morning that Bush gave the 2 minute speech? He was postponing a trip to meet with advisers. At the time I thought it sounded like a petulant 5 year old that was being kept out of the playground by some adults. I wonder what the advisers told him? "If you leave now, the entire banking system will collapse. You have NOTHING else to do that is more important than this!"

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