September 24, 2008
Posted: September 24th, 2008 09:12 PM ET
Pres. Bush made the case for his administration's financial bailout plan directly to the nation on live television Wednesday night.
Pres. Bush made the case for his administration's financial bailout plan directly to the nation on live television Wednesday night.

WASHINGTON (CNN) - President Bush addressed the economic crisis, saying, "We're in the midst of a serious financial crisis, and the federal government is responding with decisive actions."

Watch: Bush explains the "rescue effort"

Bush pointed out that the collapse of several major lenders was rooted in subprime mortgage that thrived over the past decade.

He urged Congress to approve his administration's $700 billion bailout proposal to restore confidence in the market.

"I'm a strong believer in free enterprise so my natural instinct is to oppose gov intervention," he said. But, "these are not normal circumstances. The market is not functioning properly, there has been a widespread loss of confidence.

"Without immediate action by Congress, America can slip into a major panic."

Full story

Filed under: Economy • President Bush


Frank, California   September 25th, 2008 2:13 am ET

Instead of funding the top of the financial pyramid and hoping the credit extensions will trickle down, why not set up a mechanism to fund those local and regional banks that have been responsible lenders and put the loaned dollars where they will do the most good - at the local level, with small business owners and consumers. That will get the economy jump-started, allow employers to hire new workers, permit people to purchase cars, etc. The economic engine will flourish from the bottom up. Let the irresponsible investment banks and their gambler-like investors fail, while solving the so-called credit crunch by providing financing for the extension of credit the old-fashioned way: to creditworthy borrowers.

Chris from Baltimore   September 25th, 2008 2:11 am ET

Another "Mushroom Cloud" speech by Bush, only THIS TIME his speech writers substituted "terrorists blowing up your houses if you don't do what I want" with "the economy crashing so you'll lose your house if you don't do what I want."

So once again, the world as we know it will come to an end if we don't DEMAND that our Congress give Bush and his Party friends as much of our money as they want, with no strings attached, so they can grow the government even more than they have already (since, as they've proven time and again, the Republican Party loves to grow the government as big and as fast as they can, despite their phony rhetoric about "smaller government").

First tax cuts for the wealthy. Then wholesale deregulation, then the biggest expansion of American Government in history, then the phony (and very expensive) wars based on "faulty intelligence", and now the big taxpayer bailout of the folks who sent so many American jobs overseas over the past few years.

Hold on to your wallets! The Republicans are at it again.

(I guess their minions will try to claim that the financial mess they've made MUST be the fault of the "liberal media"...as if anybody but the 20-percenters who comprise their "core" and listen faithfully to their talk radio entertainers would believe such nonsense).

Blayze Kohime   September 25th, 2008 2:08 am ET

Sometimes I wonder if he is as stupid as he pretends to be. He certainly knows that if you get people scared enough of something, even if you make it up, they will let you get away with anything to 'protect' them from it. We all remember what happened last time he said action was imperative.

Election/Debate   September 25th, 2008 2:03 am ET

The debate needs to go on because this is our interview for the job. I want let McCain know that he cannot skip the interview as schedule and expect to get hired. We need to here about the economy. McCain if you are clueless about the economy say so please do not bully us by asking to postpone the debate. We ahve been waiting for that debate for over a year now. Change the subject from foreign policies to finance but, the debate needs to go on. We are ready to hear you both.

Michael   September 25th, 2008 2:00 am ET

Enough,
umm you might want to double check your facts. Deredulation occured under Clinton's watch. Not to mention he was the one that pushed for fannie/freddie to make those loans that are now forclosing. Ohh and by the way three years ago McCain was saying we need to change what was going on in the banking industry. He may be smarter then you all think,

Bigbubba   September 25th, 2008 1:57 am ET

Is there some reason that this has to be pushed through without the congress having time to check out the details?
I know McCain is using it as an excuse to avoid debating Obama and has already started laying the groundwork to avoid Palin having to debate at all.
I realize that he has said she would set up a debate on some mythical future date.
I am also aware that the most likely thing to happen is that just prior to the Vice-Presidential debate, something else will cause the debate to be "unavoidably" delayed. And it will be too close to the election to be rescheduled.
Wow, too bad, cause Palin would have mopped the floor with Biden due to her superior education, experience, creative use of lipstick and her Miss Congeniality tiara.

cameka   September 25th, 2008 1:49 am ET

He just want to insert himself into this bill he want to act presidential when he really doesn't look the part he need to go back to az and retire

YT in MA   September 25th, 2008 1:48 am ET

Ok, ok, we do need some sort of salvage plan before the country plunges into another great depression...

But folks, the next time you hear a Republican wailing on about how it's the Democrats who spend too much, hit them.

Marj,Paso Robles, Cal   September 25th, 2008 1:46 am ET

Uhblubla has staff members from Fannie and Freddie. That we paid for.

Michael G-Ventura ca   September 25th, 2008 1:46 am ET

One thing about ole george- always a day late- and seven billion dollars short!
No more seat-of-the-pants politics!That's why we're IN this mess!
EIGHT IS ENOUGH!

Brandon   September 25th, 2008 1:39 am ET

this speach was 15 minutes long

8 of it was used to give a blow by blow account of how we got to this point.

7 of it was carl rove scare tactics already used by Ben and Henry to congress along the lines of if you don't it will be economic genocide!

You must do it! or we will lose even more jobs! You must do it because Henry's former colleagues at Goldman Sachs needs to defend their US$20billion bonus pool!

Susan   September 25th, 2008 1:33 am ET

He bankrupted the country with the war in Irak, he bankrupted each of us with oil prices, and now he is going to give $700 billion (that we don't have) to Wall Street.

The worst part is he, and others, have us almost convinced that we need to do this.

Think about it out of context: Wall Street needs 700 billion dollars.

jennifer   September 25th, 2008 1:33 am ET

Oh, please....WE cant wait till your gone.

Brian MacDougall   September 25th, 2008 1:33 am ET

Hey, it's an October surprise and it's only September! Thanks, President Bush, another swell present!

DARYN S KELLIHER   September 25th, 2008 1:29 am ET

When the backbone of the Global Economy is to find the Country with the cheapest Labor Market it will only lead to Global Recession.

Daryn Kelliher
Rainier Or.

Bush isn't that bad..   September 25th, 2008 1:27 am ET

Why the hell would you want to impeach a president with 4 months left in office..

A. Katrina was largely that IDIOT New Orleans mayor's fault..and wow, re-elected too.

B. true..Iraq was a blunder, but at least we haven't been attacked again since 2001, unlike Britain, Spain, France, Etc.. And 9/11 happened almost immediately after he was put into office, i think it was more Bill Clinton's fault.

Scott Tucson   September 25th, 2008 1:25 am ET

Don't worry folks! The democrats who currently chairs the banking and financial committees and have oversight of same, along with Pelosi and Reed will save the day.. unless they take another vacation.

disappointed   September 25th, 2008 1:21 am ET

one bailout after another, they keep asking for more and more... with no oversight.... enough already, we see the pattern.... but it's the same for the homeowners who didn't read the fine print of the loan, and we are in this mess.... we can not afford to be this ignorant, keep on spending and not having the means to pay for it, and there is no guarantee of how much this mess is worth, and how deep it goes.... people start living within your means, but also vote smart.... lies and distorted truth won't do anymore.... by the way why is McCain avoiding debate, and Palin most of all the journalists.... it looks like Bush and Chaney all over again....
Obama has to win, and we all have to do the work to make this better!

Bill Stapp   September 25th, 2008 1:19 am ET

I thought I just read and and heard recently from Republican leaders at the highest levels that the foundations of our economy were strong.

How could it go from being so strong to being in such danger in only a few days.

Tariq   September 25th, 2008 1:17 am ET

I'll be happy with Bush finishing up his last days as president and if we NEVER have a president again for as long as the US exist....trust me, I'll be very happy. At least I'll sleep soundly knowing that whatever somehow survives the Bush Administration has no chance of being invaded, flooded, or in need of a bail out.

Paul Harbin - Waco, Tx.   September 25th, 2008 1:14 am ET

KenB,

Be careful what you wish for, he just might.

Irony   September 25th, 2008 1:13 am ET

Bailout = Golden Parachute for wall street and a Lead balloon for the taxpayers.

A sincere thank you to the deregulators like Senator McCain, and his economic advisors. We are afterall only having a "mental" recession, and are just a nation of whiners.

Why not send everyone in the US $2300 instead, we could then use it to buy stuff instead of giving it to the people who messed it up in the first place.

T-Prop   September 25th, 2008 1:12 am ET

Z E R O C r e d i b i l i t y

Tariq   September 25th, 2008 1:11 am ET

Well what do you know....the arsonists trying to put out their own fire!

Debra   September 25th, 2008 1:06 am ET

Help!!! I have had it with all the bailouts and the rich walking away without a scratch.

With the upcoming elections, my high school student has been given a project entitled "Presidential Elections Notebook". He had been told to pick "one" of the candidates; Obama or McCain! To my knowledge, there are more than two individuals running for office and I have asked for a meeting with his teacher.

Question: I need some websites to pull another information from. I would love to have a list of the current candidates listed on the ballot; I know there are more than two!

If anyone can help, please email me at BigDMelton@tx.rr.com.

Thank you

NB   September 25th, 2008 1:05 am ET

Two words- LAMEST DUCK!

Matt   September 25th, 2008 1:03 am ET

Being stuck with someone for 3 years adds weight to their words, even when you think he's an idiot. This guy has 3 months left. I think we've reached the center of this onion.

sad   September 25th, 2008 1:00 am ET

How come he not once mentioned that the war in Iraq is the main reason why the country is in debt?? Did he forget that we are spending over 10 Billion dollars/month over there??? Maybe if he brought our troops back it would take a big dent out of our debt and we could start to get back on our feet. Granted it won't be easy, but its a start.

No Hillary = No Obama   September 25th, 2008 12:56 am ET

Americans need to start a national petition and force Bush out of office. Then Americans should ask for the resignation of Nancy Pelosi and the so-called congressional leadership. A new government division needs to be created – The Office of Economic Accountability and Oversight. There also needs to be an independent inspector general who is in charge of the Office of Congressional Accountability and Oversight. Americans should be outraged.

KenB, MI   September 25th, 2008 12:55 am ET

Yea, I would have done things differently when the Big Dog Bill was in office...didn't happen...People do change...slowly...This has been the best 8 years in the life of being a husband and a father...we have grown intellectually and financially and much of that life financially has become some of the worst we have experienced in our life time.

It boggles the mind when billions are being spent for war...billions being proposed to bail out top heavy financial corporations...the same corporations that give the people on the ground a difficult time in moving forward and if they did, well, look whats happening now.

what an incredible time, I can only shake my head...God help us.

Enough   September 25th, 2008 12:55 am ET

Jack September 24th, 2008 10:09 pm ET

Obama had to be told to come back by Bush – maybe because he knows it is the DEMS that caused all this mess – and they are the group that took the profits.
Freddie/Fannie – follow the money – you will see who is to blame.

How clueless can you get?? What party was in charge of deregulating? Hint, it was not the Dems. McCains campaign manager was taking money from Fannie Mae as recently as last month. Open your eyes. They are robbing you blind, and you are defending them? Unbelieveable

Marc   September 25th, 2008 12:54 am ET

I wish someone would take a look at this issue from a difference perspective, such as The American Critic web site.

mark   September 25th, 2008 12:54 am ET

NO WAY, NO HOW, NO BAILOUT!

Credit Card Republicans   September 25th, 2008 12:49 am ET

More FEAR tactics just in time for the election.He sounded like a petty thief robbing the bank down the street.Hurry up and put the money in the bag or else.Im still laughing.

Nathan   September 25th, 2008 12:48 am ET

Bush/McPain in 08! Take from the poor and give to the rich! Want to know what "conservative" means? It means the greatest government intervention in the market ever–in order to rescue the firms that have exploited the lack of government regulation. This is pure cynical greed. Let's have a real discussion of how a trillion dollars might be used to build a stronger economy. Think that will happen? Bush/McPain goes on and on.

Paul Harbin - Waco, Tx.   September 25th, 2008 12:46 am ET

/rude

libs be dopes   September 25th, 2008 12:45 am ET

Welcome to the United States of France

12345678   September 25th, 2008 12:45 am ET

Can you imagine Palin to be in Bush's position handling this kind of crisis? She might be if MaCain was electated. And she sure will lead us to nowhere.

Sue in MI   September 25th, 2008 12:44 am ET

Jack,
I really don't see how the Democrats "caused this mess." The mess was caused by the American people wanting loans they couldn't afford, and the Republicans pushing through legislation that allowed these bad loans.There is plenty of blame to go around, and McCain's campaign CHAIRMAN was taking gobs of money from Freddie as late as last month-so don't blame the Dems.

Drew   September 25th, 2008 12:39 am ET

liar.

Speider   September 25th, 2008 12:39 am ET

"Bush: 'Immediate action' needed"
...to postpone these debates or our republican gooses are cooked!"

When a staffer whispered, "geese, sir," Bush replied "oh, like 20 questions!"

Javier Oberti - Fort Lauderdale   September 25th, 2008 12:39 am ET

So much ignorance about what's at stake here. Liberals don't understand unity for the good of the country. All they want is to be in charge again. God help us.

Americans unite   September 25th, 2008 12:39 am ET

George Bush talking about the bailout and the economy was an absurd moment in press conference history. Talking about it as if it was not 'his' economy.....

bart   September 25th, 2008 12:34 am ET

Give the mint a break, its been working last 8 years. 2 more years to print $700B.

Republi-Con   September 25th, 2008 12:31 am ET

They wanna tap Obama's brain don't they. Enough of the rubbish.

Rave   September 25th, 2008 12:30 am ET

Once again Mr. President, you prove to be a perfect Clown.
Somehow I have a feeling that John McCain will create more disaster in this country than Bush, if elected President. Anyway, he is not winning.
OBAMA (2008 -16)

bob in LA   September 25th, 2008 12:29 am ET

Can we impeach this clown even when he leaves office? He has deceived the public. Lied to us. Given us false hopes that our ecomnomy was strong and done it all while depleting our treaury with a war that should never have been fought, He has ruined our relationship with every country around the world and has put us all in peril. This violates every part of his oath of office.
I also think we need to arresat anyone who voted for him on the grounds of treason. They have affected the safty of the American population byplacing this man in power. OK, so that's extreme. But we don;t have laws against stupidity.
ENOUGH!

John Starnes Tampa Florida   September 25th, 2008 12:28 am ET

well at least he did not say "Nuke-ya-lurr" !

Chicago for Obama   September 25th, 2008 12:24 am ET

I would've loved to see someone take some responsibility and it should've been him. He has been in office for almost 8 years, this happened on his watch and he won't even make note of that. This is the party. No one knows anything and the mouthpieces do their bifdding. I'm sorry to feel this way but I just cannot wrap my head around this.

Gary Lumsden   September 25th, 2008 12:17 am ET

The sad reality is that while the majority of the U.S. population dosen't even know how to balance their own check books, our Congressional 'leadership' is pandering for their votes this November!

As a nation of nitwits, we are now becoming our own worst enemies.

A Federal intervention into the financial markets is critical at this time in our history. It will prove to be a far better 'investment' in the countries future than any other conceivable Federal spending plan.

irony   September 25th, 2008 12:17 am ET

Since when does a lame-duck ram ground-breaking legislation through Congress on their way out the door? Don't fall for it Congress. Bush has been saying everything in the economy is great up until last week. Don't trust this guy he's lied and lied and lied. Mr Bush the saying is, "fool me once shame on you. Fool me twice shame on me.

Terry Ridener   September 25th, 2008 12:16 am ET

Those who compromiise have agreed
Those who surmise have a need
Those who perpetrate will succeed
Over those they continue to bleed

EX -Democrat now for McCain   September 25th, 2008 12:16 am ET

Were so Sick of Obama and his hater supporters we could Puke!!

mike   September 25th, 2008 12:12 am ET

McCain is a complete joke after taking so much money from fannie mae and freddie..including his lobbyst.

Now people have called him to it.
Just this week jmac shows he is not ready to lead. The fundamentals of the economy that is strong less than a week ago...now u suspending ur campaign to look like u are a leader...joke...go to the debate and lets see what you got. We want you to answer to all the lies..and smear. If its true that Obama is not ready to lead why do Jmac/Bush want Obama in Washington?
They are just empty suits cant think right they need Obama's ideas to copy and paste....lol

TIRED OF THE GOP   September 25th, 2008 12:12 am ET

BUSH, BABY WRAP IT UP... PLEASE

I CAN'T WAIT TO SEE THE LAST OF YOU AND YOUR LITTLE GANG.

NOBODY IS GONNA MORE HAPPY THAN ME TO SAY GOODBYE. NO HAVE NO FRIENDS AND HAVE LEFT THIS PLACE IN MESS THAT WE ARE IN. THE GOP SHOULD FEEL THE PAIN OF LOSING OFFICE FOR ALONG TIME.

TC, the Keystone State   September 25th, 2008 12:12 am ET

Wall Street Closed For Repairs. The Blue Collar workers that help keep the street in good repair had their jobs shipped over seas. Now the government wants to lay part of the blame on citizens for over extended their credit. Does this current administration realize that many citizens made loans and mortgages in good faith when they still had good paying jobs in the US? Americans can no longer support their family working for Wal-Mart wages. The good paying jobs have gone on a one way cruise out of the US. Where has the smoke stack industry gone? All the construction that is done throughout the country should have been using American labor and American products. What happened to BUY AMERICAN! You can hardly even find an American flag made in the US anymore. We import almost all the steel and other material necessary to build in our homeland. How can we strengthen our economy thorough importing? Apparently our high paid CEO’s would rather pay foreign countries citizens 67 cents and hour, lay off their higher paid American workers and then expect that the people they laid off in America continue to make their credit card and mortgage payments in a timely fashion and buy their products. Now we are being forced to be enablers and feed a system of greed and corruption. The fat cats are going through withdrawal because the people are wising up and withdrawing their money from the market before their money is used for yearend bonuses and retirement packages. Use the 700 billion to bring back factories and jobs to the US, not to support the fat cats addiction to money. CItzens First! Apparently money is the root of all evil.

Archie Doby   September 25th, 2008 12:11 am ET

In reference to the President's address to America on Wednesday evening, September 23, 2008. I will repeat my request that there be no bail out for the financial Institutions. The President is using fear of a failing economy to convince America that socialism is the answer. It’s not! The major flaw in the President's presentation is that the average working person financial future is not secure because of the current financial crisis... NEWS FLASH – the working person has never had a secure financial future. Most families, 95%, live week to week. The President's bail out will not change this fact. The Bail out plan will help the President’s rich supporters that called for deregulation of the Financial Institutions that led to this financial mess. I will close with 1 word that best describes the President's speech – BOLOGNA.

GUY   September 25th, 2008 12:10 am ET

I don't get it... why is it all of a sudden that decisions have to be made RIGHT NOW?? I would rather see everything crash then give chunks of money to people that can't run a business so that they can keep making their oversized salaries and continue to run a business into the ground. It makes NO SENSE!

Ian   September 25th, 2008 12:09 am ET

Under FDR, "the only thing we have to fear is fear itself."
Under Bush, "Run for your lives!!!!"

Rik   September 25th, 2008 12:07 am ET

Watch out America!!! Bush knows the Republicans are going down the tube, so lets make the big money richer and send the bill to working taxpayers. If the Dems go along it will show that McCain saved the nation and gets elected. If the Dems dont go along, They are bankrupting America.. I smell a snake!!!

DemsUnite   September 25th, 2008 12:07 am ET

C'mon Jack! Look at who is behind deregulation legislation. THAT is who is to blame. Both camps have received money from Fan and Fred, that is not the root of the problem here. The deregulation legislation designed by Phil Graham and the Republicans...including McCain!!! Are what has caused this mess.

Rolando Reyes   September 25th, 2008 12:03 am ET

I believe the people meeting tomorrow in Washington, need to take a serious look at this problem as part of this bail out plan. I believe this problem is being suffered accross the nation and it is related to the Home foreclosure crisis. The same people whom can't afford to continue to pay their mortgages because their Interest Only Loan arrangement has expired and the interest rates have increased to outrageous rates that has made people unable to make their mortgage payment.

In addition, home Loans for houses that have been devaluated should be re-adjusted. If I bought a home for $400K and got a 5.75% rate on a loan for $300K to be able to purchase this home on which I put down $100K of my own money and now my home is no longer worth $400K and instead is worth $300K, then the home loan should be re-adjusted, to $300K with the original loan rate of 5.75% which could bring my mortgage payments to an affordable level that I may be able to pay and still own my home. Also, property taxes should be re-adjusted and the home owner should be refunded any difference there may exist after calculating the loans and taxes and perhaps the home insurance should also be re-adjusted as it was purchased for a home worth $400 when in fact it is only worth $300K, and who knows what else too may need to be re-adjusted.

This I believe should be part of the proposed bail out plan.

Thank you.

ted knolle   September 25th, 2008 12:03 am ET

High Gas Prices, An Endless War, The Worst Deficit Ever, Corruption from top to bottom, Wake Up People! The whole admin is criminal and dishonest.

jimbo, dayton, ohio   September 25th, 2008 12:02 am ET

we are headed for a depression!!! we have to do something now!! i think i heard this before. it sounded like "saddam has wmds"!!! i cant help but think a bunch of fat cats are laughing all the way to the bank!! let them all go broke!! i allready am.

Will   September 25th, 2008 12:02 am ET

Soooo now your agreeing with 70% of America?

This is right after last week both you and McSame said that we were doing very well economically and 2 years of saying that we were on a small economic speed bump.

Joe Reed   September 25th, 2008 12:02 am ET

Bush, Cheney, Rove, McCain, Palin...phony political drama at it's best.

God help this Country!

Anonymous   September 24th, 2008 11:59 pm ET

7 years ago

David Newport, OR   September 24th, 2008 11:57 pm ET

Fellow Americans, I have screwed up big this time. I have destroyed our country....no you didn't do it George...those that voted for you did. This is what we deserve.

Ray Fisher   September 24th, 2008 11:56 pm ET

What a reversal from his previous "The Economy is rosy" stance. I wouldn't believe this guy if he said the sun would shine tomorrow. Only people with credibility should ask for help from our nation. Georgie lost his credibility along with the 4,171 war dead which he has caused for nothing!!!

Every Wilson   September 24th, 2008 11:56 pm ET

John Mccain suddenly wants to go to Washington D C, where he has been an deregulator for 20 yrs! He has a unique situation, his policies and lobbyist friends are responsible for this mess in the first place! He had an opportunity for over 20 years, to fight for regulation, oversight and less lobbyist influence in Washinton, but he chose to go with his republican party 90% of the time, which is a major reason for this debacle! This is just another political stunt by John Mccain to grab a spotlight! He and his party was for the Iraq War! Which has cost Americans taxpayers1 trillion dollars! He wants credit for a surge that is incomplete, but no credit for costing taxpayers 1 trillion dollars or for supporting going after Sadamm Hussein instead using the full might of our military, to go after Bin Laden!
His hindsight like the surge and stopping his campaign after the fact to fix his judgment errors in policy illuminates his inadequacies and ignorance! We need a proactive president who forsees major problems and have the wisdom to safeguard America's interest! I am tired of this presidents manipulation of the country and congress! He waits until we are in dire circumstances, then whips a crisis management scenario on the people of America. Because of the time constraints left, he then can push through without thorough inspection a pandora's box!

PE   September 24th, 2008 11:55 pm ET

i HATE BUSH....

Republican for change   September 24th, 2008 11:54 pm ET

Last week: "The fundamental of the economy is strong"
This week: "We are in the midst of a serious financial crisis"

Welcome back to earth!

glenn   September 24th, 2008 11:54 pm ET

how can you expect the idiot who got you lost in the forest to lead you out? This man has lost all credibilty. I sleep better at night knowing i was never dumb enough to vote for him. How do you sleep?

Shrimp Barnicles:Longlsland, NY   September 24th, 2008 11:53 pm ET

Have you heard this song before? Doesn't it remind you of a song the Bush administration sung shortly after 9/11.

Be afraid people. Be very afraid.

Pooch   September 24th, 2008 11:51 pm ET

Our "dear leader", Bush-With-ill-Song, and company have really mistreated the pooch this time. Wow! Impressive skill and finesse at engineering The Great Depression V2.0.

Iraq V2.0 wasn't quite memorable (i.e. nightmarish) enough. Give yourselves a round of applause!

Oh, and maybe you think you deserve a big fat $700 billion bonus for you and your Wall Street chums. So what if the taxpayers whine about it. They'll forget about it with a $5-dollar tax rebate to help stimulate the economy. Wish it could be more, but times seem to be a little tough, ya know.

Stacy from Loudoun County, VA   September 24th, 2008 11:51 pm ET

“We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself. We believe in the free market as the best tool to sustained prosperity and opportunity for all.”–2008 Republican Platform

J.R.   September 24th, 2008 11:50 pm ET

We won't get fooled again Mr Bush !
Go Obama show up at the debate this friday
and to be sworn in as president Jan. 20,'09

Pedro Penduko   September 24th, 2008 11:46 pm ET

The saddest thing about this speech is there was never an acknowledgment of fault or responsibility by this person at all. Most of the trouble we're in is because of his (lack of) leadership.

He continues to prove everyday, even to his last days in office, that he is this country's worst president ever.

McHoover Would Destroy What's Left of America   September 24th, 2008 11:46 pm ET

Dear Jack,

You must be part of the McCain campaign since nothing you stated was true.

What is true is this mortgage meltdown is very similiar to the Keating 5 issue that your friend Mr McCain was involved in not so long ago.

It also involved a very disturbing government bailout.

Some people never learn from their mistakes.

Pam   September 24th, 2008 11:44 pm ET

I love the deer-in-the-headlights look.

Glenn   September 24th, 2008 11:44 pm ET

All this from the idiot in the White House that has caused this entire mess...he and the entire GOP economic philosphy of deregulation. Bush and the GOP...gutless wonders!

Gee   September 24th, 2008 11:44 pm ET

I am so sick of this idiot opening his mouth when he more than helped us get here in this predicament for the past 8 years. I wish they could just make him shut up until we get our next president. That would be lovely.

California Gold   September 24th, 2008 11:44 pm ET

Interesting that McCain and Bush, whose policies put our economy on the fast track to bankruptcy, want to meet with Obama, who is successfully pulling voters to his campaign because of the Republican de-regulators mess.

So what are they going to talk about? Obama is going to spend his first term cleaning up the mess these two irresponsible, greedy, foolish, bigoted, Republicans created.

Gin   September 24th, 2008 11:43 pm ET

Had this crisis started in January. Hillary would have won primaries by a landslide and would have been the nominee. I think she is by far the best in these testing times than Mccain and Obama. USA once again missed a great oppurtunity, the same way they they did by voting bush for 2nd term.

KC   September 24th, 2008 11:43 pm ET

Bush to the rescue….oh I meen Bush to the destruction! He can't get out of the office fast enough. Look people it's ok for us regulars for the economy do slow down, this will help increase the dollar and make America stronger on the world market. Sure we might not be able to get a loan for 40k for that next updated Hummer but don't worry you will still be able to pay for you cable bill to watch the Super Bowl!!!!!

Don't Vote For Hate   September 24th, 2008 11:41 pm ET

How nice of him to finally notice the American People's needs. Only took him 7.75 years.

russ   September 24th, 2008 11:40 pm ET

The entire economy/country is in great danger. Immediate action is needed to fix the financial crisis/get the terrorists. Do not ask any questions – just say yes. Hurry, America needs you to say yes immediately without thinking about it too hard.

Larry   September 24th, 2008 11:39 pm ET

I wish the Dems would own up to fact that this situation REALLY has been caused by their party starting under President Carter and then enhanced and promoted by President Clinton.If elected Obama can finish us off.It just proves ,idealism and what works in reality are totally two different things.Socialism is what we are going to end up with,and the people that vote for Obama will be at fault,and as always in denial.

Mr. Johnson to you   September 24th, 2008 11:37 pm ET

We are sound, the ecomony is sound. We are not in a recession.. Did I not hear this from Bush and McCain within the last 120.. Obama has been complaining about the ecomony for the last 6 months. When Obama stated how important the ecomony played a part in this election, McCain was pushing the war.
So you tell me who is ready to lead. Obama!
McCain has to suspend his campaign to focus on Ecomony, because he "Just don't get it"

Sorry McCain, I'm an "American" and I'm not stupid

nathan   September 24th, 2008 11:36 pm ET

Deer in the headlights.

David in Illinois   September 24th, 2008 11:35 pm ET

This mess is brought to you by 8 years of Bush and his do-nothing, regulate-nothing, prepare for nothing administration. Just when you thought they couldn't botch anything worse than Hurricane Katrina, take a look at our economy.
And McCain - call him McGimmick –wants to perpetuate the Bush policies that brought us to this catastrophe. Wake up my fellow Americans. How can anybody even THINK of keeping the GOP in the White House????????????

Wendy   September 24th, 2008 11:30 pm ET

Don't do it.
It'll be another Iraq war, instead this will happen in the american soil, and the US citizens will be screwed by own government.
Do not write a blanck check.
Don't authorize $700B without oversight.
We should help out with the financial crisis. But we shouldn't rush in, or provide this large a sum. We need to understand before we approve what we are agreeing to in the first place.

twayne   September 24th, 2008 11:28 pm ET

I just read the 10 comments posted. Incredible stupidity on each one. We have a problem and it is not just one person's fault. Lot of it is some of those who wrote those comments have no idea what is happening in the country and expect a free handout. Let's work on a solution – either be part of the problem or be part of the solution.

Fort Collins, CO   September 24th, 2008 11:28 pm ET

That's quite a fantasy trip you are on there, Jack. Tell me, did you swallow the red pill or the blue pill?

go away mongers-Ventura ca   September 24th, 2008 11:28 pm ET

Whenever King George addresses the Nation- it's always BAD news...EIGHT IS MORE THAN ENOUGH!

Honest Abe   September 24th, 2008 11:27 pm ET

McCAIN / PALIN ARE FRIGGIN JOKES!!!! THIS CAN'T BE REAL.

NoMccain   September 24th, 2008 11:24 pm ET

We know what happened last time when Bush asked us to vote without thinking.
Bush is hijacking our economy to get Mccain elected with FEAR as the main tactic. And with Mccain’s impulsive move today, his senility is trully showing. His inability in judgement is also revealing. He WILL debate Friday, and the people=government, demand it of him.

Peggy   September 24th, 2008 11:24 pm ET

I would also suggest to Americans to pay attention to their kids, obesity is very high, kids on drugs. Stop talking about Bush, the economy. Take this opportunity to take care of your children, money is not THE MOST IMPORTANT THING IN LIFE.

Remy   September 24th, 2008 11:22 pm ET

Bush really scared Americans in his speech. By the way he tried to help his buddy McCain. McCain suspended his campaign. McCain better withdraw from the ELECTION on November for the good of Americans. He supported 90% Bush plans. Few months ago McCain told that ECONOMY is strong.

What happened all of a sudden? This is a ploy from Republican camp to divert attention of the people from Obama!

Georgia Girl   September 24th, 2008 11:22 pm ET

Someone just posted that Bush made Obama come back to Washington. Yet another incorrect statement, Bush asked Obama, just like he asked McCain. Obama stated he would do anything to help and I believe him. Also, I am tired of people falsely blaming the Democratic Congress, Democrats have been the majority for 2 years, the republicans are responsible for the other 6 years. However, for the past two years Bush has vetoed bills and the democrat majority can not achieve anything when the republicans senators have bombarded congress with ridiculous tactics to kill important bills.

Am I the only one...   September 24th, 2008 11:22 pm ET

that thinks Bush looks just as lost and stupid as he did in 2000.

Huh!!!!!!   September 24th, 2008 11:21 pm ET

The only immediate action we need is to send you straight to jail and not collect you oil royalties. Bush, you are the dumbest person in america.

mac pain   September 24th, 2008 11:19 pm ET

NO NO NO what am I seeing here people REJECT THE BAIL OUT. The bad mortgages have been securitized and sold this is JUST ABOUT CASH TO REPLENISH THE RICH, and guess what, I don't have any cash either. It is bailing out the rich cronies before Bush leaves office pure and simple LET THEM FALL. Here are three simple steps to restore the economy:

1. Revise legislation so the evil servicers can WORK OUT THE BAD LOANS for christ sake lower the interest, the payments and lower or erase the PROFITS to the idiots who bought them.

2. Let the banks operate at break even or a loss for a year or two (for pete's sake I do).

3. Let the DJIA fall for a change, what market only goes up.

I refuse to be dinged $10,000 grand per person to preserve some parasite's RATE OF RETURN

Peggy   September 24th, 2008 11:19 pm ET

I am not an American and I don't live in the USA either. The USA have lived ( as far as I can remember) to shop. Americans don't travel to poor countries to see hunger, poverty. Stop blaming Bush, this crisis should help you change your way of life.
Americans send their kids to spend a semester or a year in Florence , Italy; guess what happens? Prices go up, you can't rent a studio in Florence for less than $1200. Everybody knows that Americans will pay without a word.
Start living a better life.

Lee from FL   September 24th, 2008 11:19 pm ET

i dont trust my current President,i think he is bleeding this country for all its worth.
i would not give him a dime

I Can See Russia   September 24th, 2008 11:18 pm ET

We cannot allow a Republican to sit in the white House anymore.

What more do we need to see to make this any clearer?

People, the time has come for true change....Obama

Edwin, Fayetteville, NC   September 24th, 2008 11:14 pm ET

Bush you blew it, you fix it OH!! sorry, he don't know how.

J.C.   September 24th, 2008 11:13 pm ET

How about having a week of financial holidays to cool things off first?
Immediate action may not be good. We need long term solutions, not temporary ones. Ask Mr. Buffet for advice. He is an honorable man and begged to pay more taxes. It looks like Mr. Greenspan is nowhere in sight.

Agalag   September 24th, 2008 11:09 pm ET

Just so you know, you can thank Bill Clinton for this. Economic problems such as these don't manifest themselves for years. During his administration he fought for a bill that would enable most anyone to get a mortgage. Poor credit = higher interest rate. Good credit = lower interest rate. People bought houses that they couldn't afford, refinanced while housing prices were inflated, and took out equity loans for houses that are no longer worth the loan amount. Just like a Democrat! "Mortgages for Everyone"! Thank God there's a Republican party to clean up after the Democrats. Thank God Hillary is gone–God help us if Obama wins!

TyWebb   September 24th, 2008 11:09 pm ET

These are not normal circumstances and you're not a normal president.

Ebony   September 24th, 2008 11:08 pm ET

President Bush just said (9/24 TV address to the nation) that various deposit and checking account sare each insured by the FDIC for up to $100,000 each. That is not accurate and may give a false sense of securtity to the uninformed. The FDIC issures each DEPOSITOR for up to $100,000 NOT each account.

I hope some of the commentators address this error quickly.

bill   September 24th, 2008 11:08 pm ET

i cant belive the media is letting mccain getting away with this,all mccain wants is to show a picture of him in obama in bush working on this together,this is a joke

Hillary Independent finally for Obama   September 24th, 2008 11:07 pm ET

A message to Bill Clinton:

Bill, I watched you on Larry King tonight. I appreciate all you had to say except your championing Sarah Palin.

Bill, I contributed not once but twice to Hillary's campaign. Daily I get emails from the Democrats asking for more money for various senatorial campaigns.

I really resent your support of Sarah Palin. This woman is not of the caliber I expect from a high-level government official.

Her education took six years and five colleges for a BA in Journalism. I got three degrees in five years and could have added the one in journalism as a "fun" degree. I also paid my own way and raised two kids without any help at all.

DWoods   September 24th, 2008 11:07 pm ET

This meeting will not take all day and night. Both candidates should be committed to attending the debate. Millions of dollars, time, effort, and manpower has been put forth for this event. It would take a maximum of 5 hours to come and go in Mississippi. This is too close to the election to try and achieve some star power. Let's get this debate done and move on. We have 40 days left.

PUMA   September 24th, 2008 11:07 pm ET

I'm sure Obama will just vote "Present" as usual.

former republican..now for democrats   September 24th, 2008 11:07 pm ET

Republican stinks.........they sucks.

NC   September 24th, 2008 11:06 pm ET

the chickens have come home to roost,McBush trying to use scare tactics again,you aint sen nothing yet until all of these people you are scaring run to the banks and draw all of their money out,empty food out of the grocery stores,buy all the seeds for planting food and this BS backfire then what will you do McBushes

catmom   September 24th, 2008 11:06 pm ET

Bush looks like a deer in the headlights.

For once, I would like to know from Republicans what Bush has done for this country during the past 7.5 years? Republicans have spent all of that time blaming Clinton and Democrats for everything wrong with this country. I have even heard them blaming Jimmie Carter for the financial mess we are in. What responsibility does Bush and the Republican congress have? When will Bush, his administration and Republicans in Congress ever take responsibility for their role in the shape this country is in. Where is their accountability? Man up.

Jayson   September 24th, 2008 11:06 pm ET

Jack,

Are you kidding? Have you not opened your eyes? Even republicans (as well as some democrats) are claiming some of the blame on this one, and that says a lot!

In case you didn't know, republicans tend to subscribe to the idea that if you impose less regulation, that the market will do better in the long run (did you actually watch Bush's speech?). Well, here it is, the proof! The proof that it doesn't work! Open your eyes and read a newspaper sometime... If you're not outraged, you HAVE NOT been paying attention!

Tab   September 24th, 2008 11:05 pm ET

Jack – nonsense. Obama has been calling congress every day; McCain has not.

The Dems did not create this mess – it is the Republican philosophy of deregulation that did.

Did you know that McCain's campaign manager was on the payroll of Freedie Mac until it was taken over – $15,000 a month to do nothing.

elb   September 24th, 2008 11:05 pm ET

Jack, how can you say the "Dems" got us into this mess when the Republicans had control of the White House for the past 8 years and of both houses of Congress for most of the last 8 years? I'm not saying the whole mess is the Republicans' "fault"–it's mostly the fault of poor oversight and unscrupulous lenders taking advantage of people who don't read the fine print in their mortgage papers. But saying it's the Democrats' fault is just ridiculous; it's not a question of political responsibility, it's one of fiscal IRresponsibiliity.

Anonymous   September 24th, 2008 11:04 pm ET

This is the most eye opening event in my life. We really need to go with the best person to lead America : OBAMA

Come on America get over the he dose not look like me thing.
The man is more educated to handle this crisis.

put a hold on democrats and republican. WE THE PEOPLE!

Pitbull without lipstick   September 24th, 2008 11:04 pm ET

uhm..... I can't believe america is listening to this elmer fudd.

Darrell   September 24th, 2008 11:03 pm ET

Jack,
Have you ever heard of a guy that runs the McCain campaign that was on the Fannie Mae payroll up until last month ? He may not have cashed his checks but he sure is the owner of the money for favors.Now candidates,get to the meeting in Washington tomorrow and get your butts to the Presidential debate on Friday, your country needs to hear from you more then ever.

The Media is the Enemy   September 24th, 2008 11:02 pm ET

GOD HELP US! We LIVE IN A COUNTRY THAT ELECTED THAT MAN TWICE! LOOK AT HIM! LOOK AT HIM!

shocked   September 24th, 2008 11:01 pm ET

Rush just like the vote on the Iraq war
Look what we endedup with
Hope this is not the same result because of rush to vote

Janice Il   September 24th, 2008 11:01 pm ET

I for one am tired of hearing that McCain is just another "W'. There is no way in the world that there could be another like this one. Cloning couldn't even accomplish this mess. I'm not voting for him because of his stance on war but to say he's just like Bush, is not true. People can learn from past mistakes.

Ed, Santa Fe, NM   September 24th, 2008 11:01 pm ET

what a MORON..... I hate Bush

Brandon in Indiana   September 24th, 2008 11:01 pm ET

When I was told that the President was live on (local channel #) making a statement, I said "No thanks, I don't listen to that guy"

I then took a second to consider that the current president of the United States holds so little respect and credibility that I simply didn't want to listen to anything he says. Kind of sad that this is the case.

REG in AZ   September 24th, 2008 11:01 pm ET

A simple rational paraphrase is offered regarding what President Bush said to explain why the current financial crisis occurred. That is: an open market environment with minimally enforced regulation, simply allowed run away greed in the absence of conscience driven controls and had the natural result of exactly what has happened. Said another way, the aggressive pursuit of totally open markets, while in theory is seemingly attractive, in reality is inherent with the potential for drastic consequences and reality dictates the real need for conscientious government regulations diligently applied; not advocating for excessive control but for adequate checks and balances to insure a few don’t abuse the system. Now we the voters can see the truth in all of that and then demand that government recognize and avoid the problems with irresponsibly seeking totally open markets that encourage a few to abuse and benefit from the laxness of the system and instead demand they install enough controls and regulation to insure a productive market without abuse or we can simply wait for another go around of more of the same. The theory of totally open markets as an academic theory seems attractive but when the human element with the naturally inherent greed and aggressive ego characteristics is introduced, the result is unavoidably disastrous.

Jim Doyle   September 24th, 2008 11:00 pm ET

Jack. Why don't you follow the profits? Are you kidding? Republicans all. You're either extremely stupid, uninformed, or a paid shill for the Republican noise machine. Most of us have followed the money, and it's not the Democrats who are to blame. Get a life, or maybe try thinking an original thought, for God's sake!

insider   September 24th, 2008 11:00 pm ET

Those idiot lenders and buyers if bailed out will just do it all over again! A lot of this bailout funds will be lining the pockets of the already mega wealthy!

brewme   September 24th, 2008 10:59 pm ET

If you don't believe this is a crisis you have your head in the sand. Stephanie, you're an idiot. This crisis was caused by the democratic party. You can blast Bush all you want but this problem was created during the Clinton administration and by the democratic congress. Please do your homework!!!!

Edo   September 24th, 2008 10:59 pm ET

It is amazing that Bush has the courage to try scares one more time. The US should make history and bring this Administration to trial. Of course, this trail for Bush and his guerillas should happen after the economy is on track once again.

Stacy from Loudoun County, VA   September 24th, 2008 10:58 pm ET

What do Republicans stand for anymore? Small government? No. Rugged individualism? No. Barry Goldwater and Ronald Reagan are turning over in their graves right now. This one sweeping moves puts us on par with France in regards to being a socialist country.

So-called Conservatives attack Liberals for wanting to be socialists, but even the most fervent left winger could not dream up this amount of socialism in the USA.

Linda Seattle WA   September 24th, 2008 10:56 pm ET

Enough, McCain. Do you honestly think we are that stupid? You made your bed (Palin), now lie in it. She should debate, as should you. Let's hear what you both have to say. Country first!

Nat J   September 24th, 2008 10:55 pm ET

Once again, the emperor has no clothes. This guy doesn't get it. For eight years he saw nothing inherently ailing in our economy. Now, having fiddled too long and let the foxes have their pick of the finest, plumpest hens, we are now at the brink of economic collapse. He takes no blame; instead he derides Congress for having the audacity to not accept his plan which places the economy at further risk in its lack of fundamental, and eminently reasonable, checks and balances that not only the Democrats but stalwarts of his own party are demanding. I'm not saying Congress has not earned its chops on occasion, but they are entitled, and in fact have a Constitutional obligation to the people, to examine safeguards, contingencies and measurable objectives that will make this a plan that serves taxpayers, investors and homeowners, and not just the institutions that started this whole debacle. When deregulation comes down to nod-and-a-wink oversight and Wall Street's audacious expectation that they will be given a blank check, with absolutely no risk of accountability, and we allow it to happen, then maybe we really are as stupid as the government and its corporate masters think we are. We had a war shoved down our throats by this little man's hubris; we don't need economic ruin in the form of a sketchy blueprint for recovery added into the mix. Furthermore, CEOs' compensation should be capped, and for the life of me I'm not sure why there isn't a great hue and cry for current and former heads of these financial services firms to give back some of their ill-gotten lucre. It's obscene and, indeed, utterly unpatriotic to continue to award the bloated compensation packages these people are walking away with for having run their respective companies into the ground. Even though Goldman Sachs has survived the carnage (so far), take a look at what Henry Paulson, the champion of the administration's bailout plan, took home in his last three years as CEO of GS. This bailout will happen, because there really is no choice, but it may not be what the president and his corporate beneficiaries want. When he gets a solidly bipartisan bill from Congress a week from now, let's see if W's time-is-of-the-essence pitch still holds or whether he vetoes it. Eight years of war, cronyism, a do-nothing domestic policy, and now, the ultimate unraveling of the economy with no compunction about letting the people who caused it play a major and lucrative role in fixing it. Welcome to your legacy, Mr. Bush. Have fun back on the ranch.

Imbecil in the White House   September 24th, 2008 10:55 pm ET

So, Bush expects us to believe a word he is saying ?
WMD, a quick war in Iraq, etc.And now he wants a blank check
to be administered by an ex-employee of Wall Street ?
Enough is enough !

Kathleen   September 24th, 2008 10:54 pm ET

Less than 20% of the American approve of the job this man is doing. Now we are supposed to support his prescription for dealing with this mess?

Between the obvious attempt to push back the VP debates and now this I can only conclude that the Republicans think the average voter is very stupid.

titi   September 24th, 2008 10:53 pm ET

Yeah, lets call all Bush's bank friends so that they can also take advantage of the fact that Bush can bail them out of their economic problems. And We the People keep paying the consequences....

Ari   September 24th, 2008 10:53 pm ET

He forgot to mention that he is the one who got us into this mess.

Kenny   September 24th, 2008 10:53 pm ET

Bush looked like a controlled puppet on TV tonight. Not a good thing for the world to see. Not even a good thing for my kids to see. I do not know what to believe but I know that if I choose not to prepare and I am wrong then I will be in for a world of hurt. I may already be in for a world of hurt so now is not the time to lay blame.

Guess I will get my field pack and MRE's and munnitions and get ready to go up into the hills. This mess is a real mess.

New Mexico is US   September 24th, 2008 10:52 pm ET

The last couple of days, I've gotten the feeling Paulson and Bernacke have been trying to hard-sell us a timeshare.

Now, Bush dutifully caps it off in the role of the inept boss/closer.

Can we move on to the next plan now? Maybe a real one?

C'mon Congress, just say no to this scam.

p.s. this has got to be a special kind of hell for papa(GHWB)...

geen   September 24th, 2008 10:51 pm ET

just wrote a scathing, irreverent comment about this moron...where is it?

Andrew in Texas   September 24th, 2008 10:50 pm ET

What a Huuuge Mess, Bush has got us in! What a Shame! Better Resign Man! The Republicans, so-called Conservatives that they are, have got the future of our Kids and Grand-Kids in a Black-Hole it seems! Our troops are in Quick-Sand in Iraq, in this game of Abu-Grabb OIL! In Afghanistan, more of our Boys are dying! All for what? The so-called Best Buddies of Bush-the rogue Pakistanis are now shooting down our drones and at our helicopters, with...weapons and money we have given them the last 6 years! Our fiscal situation is a total mess. The Neo-Conns have spent like drunken Sailors in their OIL-Games and are now asking, nay Begging to bail out the Wall Street crooks! I have a question to ask...how on Earth can the Price of Oil rise by Twenty-Five Dollars in a Day as happened this Tuesday??? Arent we all being scammed by so many Crooks on Wall Street??? Why in hell should they be bailed out??? Whoz gonna pay for all this??? Where is the Accountability???It is a total Game being played by the guys in White-House! In this Oil game, our Airlines, Auto-Industry have folded! Our Housing and Mortgage is in a Mess! Now Wall-Street...how much can be bailed...Bear n Stearns, Freddie, Fannie, AIG, Lehmann....how many more??? Why should the public pay for this Mess??? Let the OIL-Buddies of Bush pay for once!

Bush League   September 24th, 2008 10:50 pm ET

I first heard someone use the phrase many years ago, and it's never been truer than now: "It's Socialism for the rich, and Capitalism for the poor!"

David P. Santa Rosa, CA   September 24th, 2008 10:48 pm ET

NO NO NO NO NO. This is insane.

NO, NO, NO... HELL NO!

DO NOT TRUST THIS MAN!

I'm mad as hell and I'm not just gonna sit here. I may not have any direct say in this, but I sure can make myself heard.

People, please, email and call your Representatives and the relivant committees, write the editor of your local paper, MAKE YOUR VOICE HEARD!

Tell them all to SLOW DOWN. Slow this bailout train down!

Dayahka   September 24th, 2008 10:47 pm ET

Another crock from Bush. This is an imaginary crisis with an imaginary, in fact hallucinated, solution. The only bipartisan response that is needed is–No!

Tamarra   September 24th, 2008 10:47 pm ET

Just like we needed to jump head first into the Iraq war. Please America see this as what it is... A play for McCain because he is drowning.

observer   September 24th, 2008 10:46 pm ET

I do not believe a word from his mouth, remember the same rushed vote just before the elections that gave him a blank check and authority to go the war. Never again!!!! Not this time! Afteralll you only have 3 months left in office. Just go away!

Steve A. , New Braunfels , Texas   September 24th, 2008 10:46 pm ET

Lord, that man still makes me tired, on the 20 of January I will be cooking bar b que in the back yard, I don't care how cold it is here in Texas, somebody take him away, OBama 08--later-

choices   September 24th, 2008 10:46 pm ET

so let's see....let us all pay to keep up a system which doesn't work and people can keep taking out loans they can't afford....

YES that will work!

sturgeon   September 24th, 2008 10:46 pm ET

Jack –

please elaborate on your ridiculous accusations... thanks.

Tim   September 24th, 2008 10:46 pm ET

I agree immediate action should be taken. Take Bush and his rich cronies out of their jobs now!

james   September 24th, 2008 10:45 pm ET

How come I can't trust this guy at all?
Even as a cynical realist, I am scared.

Shpilk   September 24th, 2008 10:45 pm ET

Deer in the headlights, this is GW Bush. McCain is just as clueless, except unlike Bush, he's "sure of himself". McCain will drive us right over a cliff.

April Garlow   September 24th, 2008 10:44 pm ET

Obama wouldn't debate all summer even though he
had said he would debate John McCain anytime, anywhere,
now during this crisis–the debate is all important.Obama won't go back to Washington because ,there the debates aren't scripted ,and he doesn't get 3 days to practice.He will have to use his own words, his own wit and his own wisdom–3 things he lacks.

Ian   September 24th, 2008 10:43 pm ET

@jack – "the DEMS caused all this mess – and they are the group that took the profits" – where is your brain? It was republican deregulation / lack of regulation of the market that created this biggest mess on the planet.

Any time Bush and his cronies screw something up, Bushgets into this scaremongering.

In the case of Iraq, it's all been held at arms length and the people feeling the real pain are the military familes (and are not gettin g the support they need).

In the case of the financial, we are all being screwed by wall street greed. every US citizen is going to pay dearly for this mess.

LaVelle from atlanta,ga   September 24th, 2008 10:43 pm ET

Whats wrong republicans? Your big time boy is running out of war hero stories? Is he running scared?

frank Honolulu HI   September 24th, 2008 10:43 pm ET

Bush has a lot of gall is all I can say. He is responsible for this and he won't admit it. McCain wants to take care of what? He was there when they voted on deregulation. These are guys are so two faced they don't know where they are walking.

Maybe they should all meet in some bathroom stalls and get some work done.

Lost   September 24th, 2008 10:43 pm ET

It's hard to be scared watching a speech by someone who obviously has idea what he's talking about.

It was plain on his face that he had no idea what the sentence he had just read meant.

KC   September 24th, 2008 10:43 pm ET

Bush to the rescue....oh I meen Bush to the destruction! He can't get out of the office fast enough. Look people it's ok for us regulars for the economy do slow down, this will help increase the dollar and make America stronger on the world market. Sure we might not be able to get a loan for 40k for that next updated Hummer but don't worry you will still be able to pay for you cable bill to watch the Super Bowl!!!!!

No Country For Old Men   September 24th, 2008 10:42 pm ET

McCain called Bush and told him that he is scared to Debate
Obama. Please help me out Bush because Obama didn't go for the oke-doke and suspended his campaign. Obama be wise because the last people to listen to a Bush got lost in the desert for forty years.

Obama & Biden ‘08
Hillary & Warner ‘16
McCain 88, Hitting & Holding ‘24

no more Black eyes   September 24th, 2008 10:42 pm ET

Jack September 24th, 2008 10:09 pm ET

Obama had to be told to come back by Bush – maybe because he knows it is the DEMS that caused all this mess – and they are the group that took the profits.
Freddie/Fannie – follow the money – you will see who is to blame.
_____________________________________________________
did you post this for a response? if you did here you go....Rick Davis FM and Phil Gramm- deregulation, i followed the money right to McCain's 9 front doors.

Billiam   September 24th, 2008 10:42 pm ET

Another ENRON scandal. Bush is leaving office and his cronies are filling their pocket at our expense.
Like the Patriot act, Bush wants congress to agree to his proposal without questioning it.

Tracey   September 24th, 2008 10:42 pm ET

He neglected to mention all the billions of dollars that were spent in a war! that also contributed to the financial meltdown! Did anyone else pick that up. He mention absolutely nothing about all of that money. To me, he made it seem like it was the housing crisis and people unable to pay their mortages that caused the problem.

I will have an Obama christmas!

db   September 24th, 2008 10:41 pm ET

For GOD's sake America- Vote for Barack Obama...

biggy   September 24th, 2008 10:41 pm ET

president dum dum wakes up and realizes he has a job to do and he is trying to do it. How can anything said by a man who was so scared to stray away from reading the teleprompter be taken seriously...holy cow we are in deeeeeep trouble

Jeff Brown   September 24th, 2008 10:41 pm ET

Wow, talk about a deer in the headlights!

Am from Eugene Oregon   September 24th, 2008 10:40 pm ET

Amen Stephanie Amen.

Olivia   September 24th, 2008 10:40 pm ET

He laid the problem out pretty well, I thought, and how it all came about.

Neal   September 24th, 2008 10:39 pm ET

Booo, haha, be scared, be very very scared. No urge your congressman to do what I want.
Fear is the tool of the dark side, or of bullies, and this president is certainly that.

Veronica   September 24th, 2008 10:39 pm ET

I'd like to know while their bailing out those "FAT CATS" on WALL Street, who's gonna help me with my forclosure. No body was there to help me, and they expect the American People to pay additional taxes to help them shew up even more! WHERE IS THE JUSTICE! As far as I'm concerned, they got what they deserved. Let them figure out their own mess!

db   September 24th, 2008 10:38 pm ET

When the cameras came on, it looked like GW had just swallowed a live worm- and I was truly amazed that he was able to read all those really BIG words to the American people.
I can't explain just how much it did NOT mean to me...

Ron Peoria, Il   September 24th, 2008 10:38 pm ET

YES YES YES Immediate action is needed.

IMPEACHMENT NOW

Citizen   September 24th, 2008 10:38 pm ET

George Dufus Bush actually wanted to privitize Social Security so that people could put there money into the stock market, but now he is claiming that the market is broken. Please investigate and incarcerate Bush, Cheney and all of their crooked friends.

Ken   September 24th, 2008 10:34 pm ET

Immediate action like IRAQ?! Republicans have no credibility with the American public. Their leadership has been a complete disaster for our country. Kick the Republic bums out of office!

Devon   September 24th, 2008 10:34 pm ET

How did the economy reach this point?

WHAT BUSH MEANT TO SAY WAS.....

BUSH: Well, because I was elected twice and I screw up everything I ever touch... Sorry America but it's your fault for voting for me.. And you should have read the fine print on your mortgage because my cronies switched all the rules while you weren't looking that stacked the deck against you. By the way a few people got rich (mostly my friends) so it's not all bad. Now you the American people will have to give these people more money because they screwed up the system bad enough so that it is unworkable.... So now Your going to buy all kinds of bad investments because when free markets don't work then socialism is ok in order to bail out the rich.... I gotta go clear brush now... God Bless America

grant   September 24th, 2008 10:32 pm ET

"Section 8 of the proposed plan says: 'Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.'

YOU ARE BEING ROBBED!

tgram   September 24th, 2008 10:32 pm ET

Yeah, Jack you should follow the money...follow the Fannie/Freddie money right to the McCain campaign and search Rick Davis.

How dare you accuse the Dems who are the only ones looking out for the American taxpayers. Bush told us just last month that Wall Street got drunk so the Repubs had some idea that things were going bad, yet they told us the fundamentals of the economy were strong. Paulson told us that and McCain repeated that just last week.

Get a grip on reality and stop drinking whatever the Repubs and Wall Street are giving you!

Jeff DuShane   September 24th, 2008 10:32 pm ET

Oh Jack -

The Dems caused this problem? What? let's put blame where it belongs, on all of them. How is it your lame duck president just two months ago said how strong our economy was? How is it your candidate just said how strong the economy was last week? Now they need $700 billion that includes my money that I will never see. By the way, check your facts. Obama did indeed receive just over $100 thousand from F/F employees to his campaign. Many, many small contributions that added up. McCain has received some $160K from the executives at F/F.... so if your candidate is bought by the execs, and Obama is supported by the employees, who is really to blame?

Another Republican for Obama (this year)   September 24th, 2008 10:32 pm ET

Jack – the Democrats caused this mess? Really? "Go check it out" is your proof?

I think you've been watching too many movies and tv shows about conspiracy theories. Republicans have been in charge for most of the last 8 years. The housing boom that caused this bust started after the Internet bubble burst in 2001, when major sources of invested wealth moved into new sectors, like housing. Republicans in control of both congress and the white house, championing deregulation of the financial markets over the last 8 years creating unregulated and unmeasurably risky credit derivative products based on pools of bad mortgage loans, caused this problem.

THERE ARE SOME FACTS FOR YOU, JACK.

Alice   September 24th, 2008 10:29 pm ET

So it looks like McCain found a way to halt the campaign after all... query whether they would be going to the White House if the polls showed McCain in the lead . . .

McCain is too old   September 24th, 2008 10:29 pm ET

Jack:

Obama had to be told to come back by Bush – maybe because he knows it is the DEMS that caused all this mess – and they are the group that took the profits.
Freddie/Fannie – follow the money – you will see who is to blame.

*****************************************************************

Hey Jack, your tin foil hat needs adjusting!

Dr. Molly   September 24th, 2008 10:29 pm ET

Hey Jack, follow the money, that's how deep- throat clued folks into the watergate scandal. do your homework. why would mccain be running if the truth (and a vp with a clue) were on his side?

K.NIX   September 24th, 2008 10:29 pm ET

Look at who we are talking about. BUSH-
This dude has no care STILL about whats goin on, he was just pressured by croonies to say somethin.
And yea, that was THE LAMEST speech i have EVER....... HEARD.

Freedom Loving Patriot (God fearing too!)   September 24th, 2008 10:29 pm ET

WOW! What a puppet!

Who the hell is pulling Bush's strings. Anybody figure it out yet?

fremy   September 24th, 2008 10:28 pm ET

Bush's administration is almost out of office, and there's still meat on the skeleton. One last feast on our future. This is criminal. This is the largest theft in history, our children and their children and their children... will be paying for this.

Informed Voter   September 24th, 2008 10:28 pm ET

The People who voted for this Idiot Should be ashamed

Bush Stole all Obama's Proposals .......

Doug`   September 24th, 2008 10:28 pm ET

Yeah ....sure. Bush needs immediate action so he's called one of the biggest authorities on deregulation back to the White House for consultation. As a former member of the "Keating 5" and a supporter of the Gramm-Leach-Bliley Act, John McCain will surely have some great economic insight to contribute.

Donna   September 24th, 2008 10:28 pm ET

Jack, PUH-LEASE!!!!!! The Dems have been in control of Congress for 2 years...do you think this mess just started in 2007? This is the result of YEARS of deregulation, letting the CEOS take advantange of their employees/stockholders, etc. that caused this...Freddie/Fannie are just 2 of the MANY companies that are the root of this problem...

Vote Republican because   September 24th, 2008 10:27 pm ET

Jack,at 10:09 pm EST: Have Republican play book of whom to blame and you to can be a card carrying member of the "Blame it on someone else" Republican Party.

Your party is a joke of epic proportion and Sarah Palin has foreign policy experience because she can see Russia from her house.

Follow the smell of dung and you end up at 1600 Pennsylvania Ave. You know who lives there right???

Justin from CT   September 24th, 2008 10:27 pm ET

Immediate action needed: Bush/Cheney resign, McCain suspends campaign forever.

Jay   September 24th, 2008 10:26 pm ET

I would like to know which idiot is going to go and vote for a McCain/Republican party now after seeing and hearing all of this!!!!

Another Republican for Obama (this year)   September 24th, 2008 10:25 pm ET

Look at that face. THIS IS THE GUY YOU WANT GIVING US FINANCIAL ADVICE? What a joke.

Stephanie Swartz Macy   September 24th, 2008 10:25 pm ET

I really can't take it any more. Bush's scare tactics are dramatic and insulting to the American people. It is like chicken little hollaring "the sky is falling, the sky is falling." Yes, it is a bad situation, but there are still places in this country that are steady and consistent... why scare the heck out of everyone and send everyone into a panic. But this should be expected of Bush. "You will lose your job, You won't be able to buy a car, You won't be able to pay for your childs education..." Let's try this novel idea... don't spend more than you can afford. Don't use credit for luxuries. Buckle down and be patient, but for goodness sakes, please do not buy into the same scare the heck out of you song and dance from the Bush Admin.

Hope LV,NV   September 24th, 2008 10:24 pm ET

right @Jack the dems really did this is just two short years of control. Who cares if the republicans have been in control for almost a decade, small potatos,. NOT
Good Job Obama for trying not to score political points. If McCains intentions were to not play politics he could have just gone to Washington quietly.

Sarah....and my last name isn't Palin   September 24th, 2008 10:24 pm ET

You had 8 years George Bush....a supposed Yale and Havard grad....c'mon now. Enough with George Bush! GO AWAY

obama fan   September 24th, 2008 10:23 pm ET

Did you notice he did not take any blame what so ever for his part in screwing up the economy. Maybe he is senile to.

indy chris   September 24th, 2008 10:22 pm ET

jack, you moron, the DEMS aren't deregulators and mccain has fannie/freddie lobbyists working for him. just because you want to believe something doesn't make it true. this si the problem with all you right wing whack jobs, you think that if you believe it, it's true. like magic!

Skunk Meat Anyone?   September 24th, 2008 10:22 pm ET

Yes Immediate Action IS needed and his name is Barack Obama!

Walt   September 24th, 2008 10:21 pm ET

Immediate action has been needed far too long. He should've been impeached in 2003.

Tim   September 24th, 2008 10:21 pm ET

Once again Bush shows the world why he is the worst president in our history. The meltdown happened on his watch while he has had a republican congress and senate for six years. (Only the last 18 months have the democrats had a slim majority in the house and the senate may as well be 50-50 considering Lieberman is not really a democrat any more.)

So now, when a fix is needed, he and McCain want everyone to come together. How about all republicans donate about $100,000 each to save the country? After all, they are the ones who have benefited from the no-bid contracts in Iraq and the other scandals that will follow this administration through history.

McCain and Bush deserve each other.

BUSH & REPUBS BROKE AMERICA   September 24th, 2008 10:20 pm ET

Make them pay for it…

1. By voting them all out of office in Nov and every election until the end of days

2. By garnishing their wages and liquidating their investments

Jonathan   September 24th, 2008 10:20 pm ET

So... Can't buy a house because you can't get a loan... Can't get a loan because the housing market's in decline...

"I have an idea! Let's throw a LOT of money at the problem. It's worked for us before!"
"How much?"
"I dunno. $7b sound good?"
"I was actually thinking $700b."
"Sweet."

Good thinking. I hate to be a big sloppy buzzkill, but... Where are you guys gonna get the money for that? Taxes? Oh good. Yeah, I have an additional 2 grand (what $700b would cost per person if equally distributed and *paid* by every person in America) laying around that I wasn't sure what to do with. I wasn't planning on putting my kids or MYSELF for that matter through college or anything, so...

Wildwest   September 24th, 2008 10:19 pm ET

What happened to living on earnings? Why are we such a debt-ridden nation? There needs to be some correction here. In the market, and in the habits of business and Americans, not just a bail out. LW

Lon Hodowal   September 24th, 2008 10:18 pm ET

I feel like I just had a gun held at my head and was asked to donate to a country club which I could not visit.

Rachel   September 24th, 2008 10:18 pm ET

I love the fear tactics that Bush so shamelessly employs. Maybe we can have a secret color-coded warning system that will monitor (likely) financial ruin?

Jim   September 24th, 2008 10:17 pm ET

Sure, we're going to believe President "WMD" Bush about another crisis. The President's credibility is so low that he actually does harm to the effort by trying to explain and support it..

And can you believe that Cheney was actually sent to convince members of Congress that there is a crisis. Talk about Toxic..

KCBob   September 24th, 2008 10:16 pm ET

These guys are so dumb. They do not understand that most Americans are acustomed to living in extreme debt and close to financial ruin. Thank you Republicans for getting us ready for the day when your policies finally bring Uncle Sam down to his needs.

McCain /Palin 08 ... if you hate America

Jake   September 24th, 2008 10:15 pm ET

Wake up America, McCain is the same as Obama = NO CHANGE FOR THE GOOD! We have been hyjacked by a "two party system" it's actaully one big coin with two sides. A vote for Obama is terrible and a vote for McCain isn't that much better.

Funny how they pit us against eachother but the politicians seem to buddy up once their election season is over. How does that saying go? "A house divided against itself will not stand".

They play the "liberal" against the "conservative" and laugh as they suck the power right away from all of us.

rhoward   September 24th, 2008 10:14 pm ET

Sounds like the same old fear tactics George Bush has used in the past just to get his way. The financial crisis needs to be dealt with a cool and level head. If we are going to have to give Wall Street at least $700 billion of our money to fix the mess their greed got the country into, the least the President and Congress can do is try not to reward these jackals and give taxpayers some accountability for how this money is spent.

Texas Star   September 24th, 2008 10:13 pm ET

George Bush has no knowledge of fundamental economics. All he was doing was reading a speech prepared for him by the very people who allowed this mess to happen in the first place. The "equity" in the housing market caused by the Fed's bubble policies is GONE, no amount of government intervention will restore prices to their prior ridiculous levels. Now the question is who pays for this malfeasance, the banks and Wall Street firms that got rich off creating the situation or the American taxpayer. In a free market system those who take bad risks and perpetrate fraud fail, deservedly so. We need to purge these firms from our economy. There are still many sound banks and businesses that did not get caught up in the Ponzi scheme that the real estate market became in the last few years. There is NO WAY people who prudently managed their money and bought homes within their budget should be forced to hand over their savings to bail these guys out.

Marilyn   September 24th, 2008 10:12 pm ET

God help us. While Americans are in serious trouble and hurting bush and mccain wants to play politics.

sue   September 24th, 2008 10:12 pm ET

WELL – what are you really waiting for??? An honest commentary or – a politically endorsed network???

vince   September 24th, 2008 10:12 pm ET

Waldo?! lol

Frank, Atlanta, GA   September 24th, 2008 10:12 pm ET

NO TAX-PAYER FUNDED SURGE FOR CRIMINAL CORPORATISTS.

LET THE WALL STREET FINANCIERS IIMPLODE FROM THE WEIGHT OF THEIR OWN INCOMPETANT "FREE MARKET" CHARADES.

CORPORATE CEO SCHEMERS SHOULD DO PRISON TIME FOR FRAUD AND GRAND THEFT........NOT GET A "BAIL OUT" FROM TAX- PAYERS.

STOP THE SHOCK DOCTORS AND THEIR HYPER-CAPITALIST SCHEMES.

JUST SAY NOT TO MORE "BAILOUTS" OF CORPORATE HOOLIGANS.

tiffany in ohio   September 24th, 2008 10:11 pm ET

i think this is some bull to help MCSAME. He an his cronies are up to something an the american people are on the hook!!!

glong   September 24th, 2008 10:11 pm ET

I do not have any confidence in a failing president who is leaving office with a severe financial crisis in tow. He mentioned that this crisis has been developing for some time, then why wasn't he proactive in preventing this situation?! He said many people will lose their jobs, well what else is knew! All the jobs here in our town have gone to China.
That's the real problem, the mortgages were sold to China and now they are going to lose and won't allow any more loans to the US government.
The government may actually have to lay off workers?!!! Welcome to reality! Bush mentioned if ( Wall Street and) financial institutions fail, people won't have credit for everyday needs. If we had jobs, we would not need the credit but could pay in cash. All of this has happened due to greed and I feel as a tax payer who works two jobs to make ends meet at age 53, that the rich people who own and direct these unscrupulous financial institutions should not receive one single penny!! And if they go down the better! Throwing money at the problem will not solve this because the same greedy people will find a way to take the money and run! It will be out of the country in no time in off-shore accounts! And we will still have nothing Mr. Bush! I vote NO NO NO TO THIS STUPID PLAN THAT WILL SURELY BRING OUR COUNTRY INTO DEPRESSION AND WILL BE ON THE BACKS OF MY SONS AND DAUGHTERS TO PAY FOR YEARS! YOUNG PEOPLE WHO WILL NOT HAVE ANY JOBS AND WILL NOT BE ABLE TO PAY BACK THE DEBT YOU SO FONDLY HAS CAST UPON THEM. WHAT A DISHONOR TO YOUR COUNTRY! NO, I VOTED FOR YOU TWICE AND NOW SO THOROUGHLY DISTRUST YOU JUDGEMENT!

sue   September 24th, 2008 10:11 pm ET

My comments are worth posting!!!!! This is a person speaking – NOT a "paid for politically involved" network!!!!

Jack   September 24th, 2008 10:09 pm ET

Obama had to be told to come back by Bush – maybe because he knows it is the DEMS that caused all this mess – and they are the group that took the profits.
Freddie/Fannie – follow the money – you will see who is to blame.

Gary from Madison, WI   September 24th, 2008 10:09 pm ET

I agree with Bush (WOW, that hurt) that some type of intervention is needed. HOWEVER, oversight & regulation must be a part of this as the taxpayers now seem to be responsible for this mess. And NONE of the executives of any of these companies should be given a cent, the only thing they should be given are directions to the nearest door.

Erika, KS   September 24th, 2008 10:09 pm ET

Geez, you'd think after eight years, Bush would have lost that deer in the headlight expression on his face.

Haven't we had enough of rookies in the White House? You people have it wrong. It's not John McCain who would be the same as Bush; it's Obama. Too green, too inexperienced, zero accomplishments, no record to back up his mantra of 'change.' Open your eyes people and be careful what you ask for; you might get it. We can't afford four years of on-the-job training for wonder-speaker, empty words, Obama.

Terry   September 24th, 2008 10:09 pm ET

I honestly voted for this man, I am so ashamed; I may need therapy for years to come, maybe I can get the bill tossed into this bail out. Oh by the way call your congressman NOW!!!!!!!!! Vote no on this bail out.

sue   September 24th, 2008 10:09 pm ET

Remember – it was important to BOMB a country that did NOT attack us!!! Do NOT rescue a thieving enterprise who has BOMBED the American people.

D from MI   September 24th, 2008 10:08 pm ET

I DON'T KNOW ABOUT YA'LL … BUT I SMELL A RAT. MIGHTY INTERESTING THAT MCSAME JUST HAPPEN TO POSTPONE THE DEBATE ON THE HEELS OF THE PRESIDENTS CALL THAT EACH SIDE MEET WITH HIM TOMORROW….

Molly   September 24th, 2008 10:08 pm ET

McCain was RIGHT – he is already in DC to help America – obama wants to stay in FL to study for the debate. Pres Bush had to ask obama to come do his job!!!!

McCain – A Leader we Need!

Doug   September 24th, 2008 10:08 pm ET

So six months ago when everyone and their grandmother saw this coming it wasn't an emergency, but with six weeks to the election suddenly we need to scramble and come up with a solution now? This apparently has more to do with showmanship and poor planning than economics.

One has to wonder how long ago we could have changed course and averted this disaster entirely. Instead it is just one piece of bad news followed by another and another and another. The end result is that Wall Street is getting 700 billion of our dollars from a government that was and is entirely too friendly with them

Spirit of America   September 24th, 2008 10:08 pm ET

Yes, immediate action is needed: Bush's resignation/impeachment.

Big Tony   September 24th, 2008 10:08 pm ET

With that speech Mr. Bush's legacy is now complete. Worst President Ever. God protect us all.

sue   September 24th, 2008 10:07 pm ET

flash – slam dunk – ????? another of the shrub's
stupid statements???? Do NOT BAIL OUT the usurpers!!!!!!!!

lisa indiana   September 24th, 2008 10:07 pm ET

September 24th, 2008 9:50 pm ET
Your comment is awaiting moderation.

I have succeeded in ruining this Country and now I want you to give up more. I blame every closed minded one issue voter that put this man back in office 4 years ago. God Help Us All.

Michael   September 24th, 2008 10:07 pm ET

Just like the rest of us, I bet Dubya is counting down the days until the end of his presidency.

Wasn't nearly as much fun as he figured it would be...

Jill   September 24th, 2008 10:07 pm ET

Often when I hear Bush speak, loud noises scream in my head at the same time. Help me here: in his speech tonight, did Bush blame the state of the economy on the American people, and also not refer to the war at any time?

Obama can still vote "Present" by proxy   September 24th, 2008 10:06 pm ET

At least McCain is not the same as Barney Frank and Chris Dodd, the Dems in charge of the Banking and Finance committees for the last 2 years. Why didn't they raise some eyebrows long ago??

just one person   September 24th, 2008 10:05 pm ET

IN 2001 A MONTH BEFORE THE TWIN TOWERS FELL I PURCHASED MY SMALL MODEST SEEMINGLY INSIGNIFICANT HOME. I DIDNT DO IT TO FLIP, PROFIT, OR CHEAT ANY ONE. WE NEEDED MORE ROOM AND TO BE CLOSER TO OUR KIDS SCHOOL. THINGS GOT KINDA SCARY A TIME OR TWO SINCE THEN BUT WE STILL HAVE OUR HOME. I HAVE ONE QUESTION FOR OUR FEARFUL LEADERS AND LEADER WANNA-BEES........... IF THIS ECONOMY DRIVEN BY SO MUCH GREED AT THE TOP OF THE FOOD CHAIN COLLAPSES WILL THIS GOVERNMENT HELP ME SAVE MY HOME???????????? THE ANSWER IS NOOOOOOOOOOOOOOO!!!!!!! I APPARENTLY DIDNT DO THE THINGS REWARDED MOST IN AMERICA TODAY. THAT BEING BLIND PROFITEERING AND STEALING AT THE TOP. WHY DO YOU PEOPLE ASK US TO SAVE YOUR HIGH END CORPORATE FRIENDS AND THEIR MONEY TRAPS WHEN IF MY TWO ACRES GOES ON THE BLOCK IT'LL BE MY TOUGH LUCK!!!!!!! CAN SOMEONE DIRECT ME TO ANYONE WHO IS LISTENING TO US WHO MAKE LESS THAN 100K A YEAR AND ARE GONNA SUFFER MOST. IF I'D STOLEN...OOPS... MADE MILLIONS IN INVESTMENT BANKING ECT ID NEVER ASK FOR A PENNY. WHAT'S YOUR PROBLEM PEOPLE????

Bulldog   September 24th, 2008 10:04 pm ET

How can anyone dare trust Bush anymore. After the Iraq War, the Katrina catastrophe, and all of his claims to excetutive privelage and our energy crisis this is just another catastrophe to add to Bush's legacy. He is unquestionably the worst President this county has ever had and it will be a great celebration when he leaves town.

Unfortunately we have someone who admittedly supported Bush over 90% of the time with a chance to be our next President.

Richie   September 24th, 2008 10:03 pm ET

This is ridiculous. OMG Wall Street is losing money. The sky is falling. Cover your head. What jerks.

Diane Briggs   September 24th, 2008 10:02 pm ET

Oh Yeah....I have no confidence in anything the President is saying....he is not credible.

Voter   September 24th, 2008 10:01 pm ET

What a Bozo!

He's a walking ad for the Democrats.

D from MI   September 24th, 2008 10:01 pm ET

OUR ECONOMY IS GOING DOWN THE TUBE. BARACK MAKE YOUR STAND & STAND STRONG!!!!!!!!!!!!!!!!!!!!

Edward   September 24th, 2008 10:01 pm ET

Perhaps before Bush's term is over, he has another monumental war-sized mistake in him, and this can possibly be OUR ECONOMY. Sad but true...

Where is Palin's Rescue Plan?   September 24th, 2008 10:00 pm ET

If my future tax dollars are going to be invested I want some say into how it's going to BE used. AND I want that money insured or proceeds from profits on that money to go toward the broke social security fund!

Ronnie   September 24th, 2008 10:00 pm ET

If Bush had been paying attention to the economy these private companies wouldn't need to be bailed out.

jdr   September 24th, 2008 10:00 pm ET

NO NO there has to be any bail out. the taxpayers should not have to pay for Washingtn insiders and their unwise decisions. LET IT FALL.

it will slow down but will recover by iself in time.

Diane Briggs   September 24th, 2008 9:59 pm ET

I am so sorry the rest of the world is watching this....I sure do want to hear the presidential candidates talk about how they each propose to help the USA save face abroad and I am suspicious that McCain and his party doesn't want him to answer anything all by himself. The candidates would be more beneficial in a debate tomorrow night than they would be interrupting congress. Be a "maverick" McCain...don't run away now!

BJGT   September 24th, 2008 9:58 pm ET

"First of all, I don't see America having problems." –George W. Bush, interview with Bob Costas at the 2008 Olympics, Beijing, China, Aug. 10, 2008

Helen, MA   September 24th, 2008 9:56 pm ET

Anything to keep McCain from having to debate Obama.......really this is all so pathetic I can't believe it.

THe professed urgency of the bailout is absolutely and totally a political manuever. Surely someone knew before last Friday that there was a huge problem in the financial markets. This is sounding too much like the rush to war and the Patriot Act hysteria.

I hope the Congress will take their time, and if that means letting a few banks go down the drain...so be it.....l.they can take their greedy bigwigs with them.

JC Inter   September 24th, 2008 9:56 pm ET

This big bailout package is just the begining, put all the previous bailouts together the tab is already over $1 trillion. Now that Bush asks for a national debt cap increase to $11.6 trillions to save those crooks on Wall Street. We still remember their multi-billion dollars bonuses in the last 5 years. Now we have to bail them out. This is the time to re-invent the financial system by letting the bad institues die out together with their greedy big investors. The people who really need a bailout are those who can not find job or are struggling to survive. The government should save the Main Street before spending a dime on Wall Street. Let those investemnt banks die, let the overvalued stockmarket gambling games end. Those companies which do not produce any every day life necessities, i.e. Googles, Yahoo, Microsoft, Oracle, E-bay, investment banks, etc. should all cease to make money from their stocks gambling games. Shutdown Wall Street for one year, reopen it only to those companies which produce actual living necessities, i.e. foods, energy, factories, machines, cars, appliances, etc. so we can rebuild the USA to a physically strong nation. All their stocks sales will be used for R&D and expansion of their factories and production. The elected politicians shall make sure those hard working citizens who live by the rules and financially responsible not to be charged with other crooks debts.

Juan from L.A.   September 24th, 2008 9:56 pm ET

What's so scary is that a Representative from California talked in NPR after this speech and said that all the BS that Bush said in this speech is not on the bill. And if it was he would veto it, especially the constraints on his 'amigos' executives.

How sad...wake up AMERICA!!! McCain is the same as Bush!!! Add Waldo and she's the same as Cheney!!!

George   September 24th, 2008 9:55 pm ET

The lamest political speech I have ever heard. How can you surround yourself with the "best and the brightest" and still have nothing to say. What do we say when smaller, less affluent nations nationalize parts of their economy. I will not answer my own question. However, we are now nationalizing this nation's banking system. It is rather odd that if I make poor financial decisions, i.e. miss a payment, make a late payment, these same institutions are amazingly quick to raise my interest rates to a usury level. But when they make the same mistakes, they are rewarded. Just a thought.

Jocely   September 24th, 2008 9:53 pm ET

For 5 years we spent $750 billions dollars for the war

Now that cost the tax payer $ 1 Trillions to bell out wall Street that war in Iraq cost the tax payer $ 2 Trillions. Cause and effect people

Do you see the connection my friend.

Thank you Republican you are definitely put country first.

Jocely

Moke - Mokuliea   September 24th, 2008 9:52 pm ET

Only if it means a straight up beat down of personal selfish greed on the part of those who suffer from their own ambition.....

Meka   September 24th, 2008 9:52 pm ET

Bush...you've got nothing to say...that American's want to hear!

You have supported job's leaving America, while you have cost this Country 10 Billion a month in Iraq!

"COMMON SENSE" should have told you that (1) You can't diminish the job market-as you take the country in debt...WHOSE GOING TO PAY FOR YOUR WAR? (2) you made the mistake...when you took America into Iraq, by way of LEAVING Afganistan! (3) IRAQ, HAD IRAN UNDER CONTROL! YOU SCREWED UP BUSH! ! !

Remember Bush...WHAT GOES AROUND, COMES AROUND!

TIRED OF THE GOP   September 24th, 2008 9:51 pm ET

Like we should have heard this maybe a week ago?

2 Little too late. I don't buy it and let's see what happens but no no no on the 700 billion.

California Gold   September 24th, 2008 9:51 pm ET

McCain is just like Bush:

Ready
Shoot

Aim

Quick throw money at it, lots and lots of money and insist on absolutely no accountability. No information on what we are buying, what it's worth or the benefit.

And we better rush blindly into debt that will saddle our children or else the President will scare us with more talk of "panic" and the old Bush Fear ploy.

Pippen   September 24th, 2008 9:51 pm ET

While I agree that "Immediate Action" is needed... my idea of action has more to do with voting every last career politician OUT.

Sadly, it looks like we'll be stuck with Obama/Biden or McCain... career politicians with nothing but empty promises of change.

John Starnes Tampa Florida   September 24th, 2008 9:51 pm ET

He used fear and deception to stampede us into attacking Iraq, which made his cronies wildly wealthy, now he again is using fear to stampede us off a cliff while the rich criminals who caused the debacle will be left holding OUR money PLUS their huge golden parachutes. The GOP is the party of, by and for the wealthy...to hell with the other 99% of Americans. And to think this joke of a president will get a library and aircraft carrier named after him plus a life time pension and benefits.....all paid for by US, the people he so dearly screwed the last 8 years. And McCain is eager to grab the baton....

whiteside   September 24th, 2008 9:50 pm ET

where the JOBS to pay for these loans? thats the real problem

lisa indiana   September 24th, 2008 9:50 pm ET

I have succeeded in ruining this Country and now I want you to give up more. I blame every closed minded one issue voter that put this man back in office 4 years ago. God Help Us All.

George Ennis from Toronto, Canada   September 24th, 2008 9:49 pm ET

Well the politics of fear have worked so often in the past, why not try it again?

This is crap coming from Bush. A president who has presided and helped facilitate the greatest financial meltdown since the 1930"s is now seeking input from a bipartisan group? Yes, I am sure he is looking for yes men to get his bill through. A flawed economic philosophy has resulted in flawed fiscal and financial policies. People actually trust Bush to fix the problem? This from the man who saw no problem almost up to the very end.

Are Americans that naive to believe he can offer serious solutions to the problem? His credibility is shot! But I guess there are always some who will be prepared to jump off the cliff with him, and unfortunately take the country with him and without a parachute.

ines   September 24th, 2008 9:48 pm ET

Bush looks like he doesn't have a clue in that photo.

Bushy to the Rescue for his brother McCain?   September 24th, 2008 9:48 pm ET

I know this thing is Urgent, but do Obama and McCain have the special solution to quick fix the economy? no. Sounds like more requests for delay.

Michael, NY   September 24th, 2008 9:48 pm ET

Here we go with the use of fear to get us to accept a bad idea. You can get anyone to accept a solution if they're afraid enough.

david in Roslyn   September 24th, 2008 9:47 pm ET

Actually I put no value whatsoever in anything that Bush says or does. He is a twisted and sick little man. I would not support the current bailout in the fashion it is being prepared. Get outside of the box guys...try this one on:

First I would prefer to see the government let the wall street mortgage whales die in the sand, and buy the mortages at current value.

Second the govermment could then hire the little people that used to work at those companies and pay them to develop new mortgage contracts to homeowners based on current market value.

Third I would like to see the government put together as set of 21st century rules and regulations for mortgage companies and wall street in general.

Walt   September 24th, 2008 9:47 pm ET

Well at least this time he is saying it himself, but I still don't believe him. And, like Nero and Usher, I say let it burn!!!

Moose Pies   September 24th, 2008 9:47 pm ET

When are you going to rescue us? I think the Victims of Katrina waited and waited and waited....but now the common man must act quickly to help floundering fat cats.

I got it! McCain,Bush and the rest of you idiots that created this mess start with the first donations for the "rescue"'.

I sure Cindy and John McCain will not mind donating 50 Million dollars and a few houses and cars. Great start....George W,what do you have?

sharon stevens   September 24th, 2008 9:46 pm ET

McCain and Obama should walk arm and arm into Washington and show that they are leaders. We need them to do the jobs they are paid to do. The people of America are more IMPORTANT than a campain. We can see their ability to lead, their willingness to work together, and their ability to put their country and the people of America first .

marie   September 24th, 2008 9:46 pm ET

Well, I don’t understand why the President is such in a hurry to approve this plan. This bailout must be studied very carefully before taking any decision, since the people that are going to be affected by it, will be us the working people.

Where all that money is going to come from? The President has spent tons of money in a unnecessary war, then he gave more money to the people of Georgia etc… . Now, we are in need of money that has been waste by this President.

I would like the Congress to go further to create a good plan that we do not end up affect by it, since everything done by Bush-Cheney Government have affect us during these past 8 years

Trollmaster   September 24th, 2008 9:45 pm ET

The best action Bush can take is resign along with Cheney. Any problems they try to fix don't solve anything and only make things worse.

pam   September 24th, 2008 9:45 pm ET

McCain proposes an oversight commission AFTER Obama announced His proposal fo an oversight commission. The plan Bush proposed sounds strangely like Obama's. Add this to the fact that on the Iraq war, timetables, meeting with Iran & a whole host of issues, everyone eventually comes around to Obama's plan. Can someone tell me why it is that we need a middleman? Isn't it time to elect the guy that has the right ideas 1st?

McCain is full of drama   September 24th, 2008 9:44 pm ET

NO BAILOUT FOR BANKS

sneaux   September 24th, 2008 9:43 pm ET

After 7.5 years bush can almost read a teleprompter

KM   September 24th, 2008 9:43 pm ET

To be honest with everyone, I can't believe everything that I hear coming from our government these days. Can someone please explain the "crisis" to me in plain english if we don't give these lenders this money.

I don't want to hear what MIGHT happen, tell me what WILL happen and provide facts.

James   September 24th, 2008 9:43 pm ET

I have an idea! Let's take immediate action and jail Bush.
Let's look at his record since taking office.

$400 tax rebate during the middle of a fiscal year
Energy Crisis
911
Uncalled for War based on faulty intelligence
more vacation than ANY President EVER!!!
Pathetic reaction to Katrina
Runaway inflation
Highest budget ever
another rebate check for $600 in the middle of a fiscal year (at an administrative cost of $93 each)
$10 trillion of debt
now this sudden made up financial crisis!!!
This sounds like the treacherous actions of someone that hates our country.

Ian, Minneapolis MN   September 24th, 2008 9:42 pm ET

It's so hard to believe him.....but he may be right....anyone?

no more Black eyes   September 24th, 2008 9:42 pm ET

tool!!! i dont even blame Bush, i blame ALL of you idiots who voted for him in 2000 and 2004….thank you, you treasonist fools for destroying this country, the axis of evil could not have done a better job, and now you want McCain.. to what, finish the death blow? 2 wars, 6.1 unemployment, gas and food on the rise, economic collapse, schools in shambles,10,000 homes lost every day, over 600,000 jobs GONE and YOU WANT TO VOTE FOR MORE? you people are IDIOTS

cecil   September 24th, 2008 9:41 pm ET

John McCain Overacted. There Was No Reason For Stopping There Campaign or The Debate. I Feel He Used Bad Judgement In This Matter!

They Should Be Able To Continue Campaigning, Running TV Ads.

They Do Have A Staff, VPs, Surrogates, and Advisors. So What's The Problem McCain.

His Temperment ?

Machiavelli, Baton Rouge, LA   September 24th, 2008 9:41 pm ET

All along, Bush and McCain have been saying that the fundementals of the economy are strong. What happened that all of this changed last week? Where were their team of advisors. We have one dummy sitting in the Oval Office and another dummy, in McCain, trying to take his place.

Now they tell me they want my money to bail out their wealthy, unscrupulous friends. To Hell with the two of them.

dustin   September 24th, 2008 9:41 pm ET

The Bush admin comes off as one of those relatives who never does anything for you, but continually hits you up for money. You usually do it, because you feel its what you are suppose to do, but its hard to keep giving money to someone who never seems to know how to do the right thing with the money.

Rob   September 24th, 2008 9:41 pm ET

They supported and even sponsored the out sourcing of our jobs, with their policies, they refuse to enforce immigration / labor laws, sending our jobs to cheaper labor markets or importing the cheaper labor against existing laws.
Now that the system they have employed has come to fruition we now have to bail out the rich, the same rich which under valued us, over charged us, and shipped or jobs and productivity as a whole to the foreign nations which will soon own strategic elements of our markets and vital resources.

Emilio   September 24th, 2008 9:40 pm ET

Bush: "Our economy is in danger"

Our? The American people should know what "we" stands for Bush: We = Rich & Politicians

Tom Jefferson from Monticello, Va.   September 24th, 2008 9:39 pm ET

In a nutshell Dumya said "There's another $700 billion we haven't managed to steal from the American people.....sign on the dotted line and it's OURS!!!!!!!!

Random Dude   September 24th, 2008 9:37 pm ET

In other words,
"Dont worry fellas, Good ol dubya is on the job"

Well, thats what scares me you moron

Realistic   September 24th, 2008 9:37 pm ET

I don't believe a word that W says, and he doesn't have an ounce of credibility with me. I would rather have HoHo the Clown trying to fix this mess than W.

OH MY!   September 24th, 2008 9:37 pm ET

This is not a fix. I see it as a delayed disaster.

undecided   September 24th, 2008 9:37 pm ET

So much for a "fundamentally strong" economy !!!

FORMER GOP   September 24th, 2008 9:36 pm ET

This is like seeing a pyromanic say hurry and put out the fire!!!

Bob Stephens   September 24th, 2008 9:35 pm ET

Got to get this straightened out before the election, don't you George?

Wynter   September 24th, 2008 9:35 pm ET

A few questions:

1).Where is the imaginary "Yellow Cake from Niger"?
2). Where is Bin Laden?
3). Where is the aid for survivors of Katrina?

That is the same place you will find your $700 Billion, Mr. Bush.

You haven't responded to one crisis correctly.
You have lied to us on every occasion.
And you expect us to "trust you" with our economy?

"No Way, No How, No More... Get out of OUR House."
Wynter

Michael Freed, Santa Fe, NM   September 24th, 2008 9:34 pm ET

So this Joker (aka as Duh-bya) is now asking us to trust him with over $700 Billion in our tax dollars? This after he led us into a war under false circumstances, blew off Louisiana after Katrina, and otherwise hustled the American taxpayers for his and his rich friends' interests. He has ZERO credibility in this country.

Give me a break! Enough already! Let Congress arrive at a bi-partisan solution to clean up his latest mess, and get back to the campaign (and the debate!).

Michael, Santa Fe, NM

sjp   September 24th, 2008 9:34 pm ET

immediate action needed, where the hell have you been george! for months and years now we have been paying high prices for food, gas, insurance, health care, schooling and all basic needs. while your iraq effort has cost us trillions. now instead of hitting up and taking down your rich voting buddies you dare tell us its immediate. you are a joke and farce that somehow this country allowed to govern for 8 years. 1 more month george and hopefully we won't see you or your rovian followers ( mccain/palin) again!

D from MI   September 24th, 2008 9:34 pm ET

BUSH JR. ENTERED THE WHITE HOUSE IN A SURPLUS ... NOW LOOK AT US 8 YEARS LATER ... HOW ABOUT TAKING SOME OF THE MONEY WE SPEND OVER IN IRAQ (10 BILLION / MONTH) AND INVEST IN THIS COUNTRY FOR A CHANGE...

BARACK, NOW IS YOUR TIME TO STAND UP FOR THE AMERICAN PEOPLE.

BUSH HAS NO IDEA WHAT THE AVERAGE AMERICAN PERSON GOES THROUGH ... HE IS COMPLETELY OUT OF TOUCH ...

ALL HE KNOWS IS THAT HIS FAMILY WILL BE WELL OFF AFTER HE'S OUT OF OFFICE ...

Soldier 4 OBAMA   September 24th, 2008 9:34 pm ET

clueless!

Illinois Blue Dog   September 24th, 2008 9:33 pm ET

Bush looked like a Moose in the headlights

helen   September 24th, 2008 9:33 pm ET

Sure...and this is the same Pres that sent us into Iraq.....No Bailout!

Matt   September 24th, 2008 9:33 pm ET

Bush and company RUINED the American economy and now they are asking for billions to bail out their rich corporate CEO buddies. Let them wither on the vine and die.

Wake up America and realize that McCain is more of this Republican train WRECK !

JD from Colorado   September 24th, 2008 9:32 pm ET

Hmmm aren't we in the mess because of him and the NeoCons? Because as "true"conservatives the Republicans are so fiscally responsible and all right? Maybe spending billions a week on a totally illegal war was not a good idea. Worst president in American history. He and his entire administration spanning back to 2000 should be thrown in jail. What is the penalty for treason again? Bush is guilty as sin.

Jan Patrick   September 24th, 2008 9:32 pm ET

Actually, I think this was one of Bush's better speeches. He explained some of the facets of the problem in simple, short sentences, that even ordinary people should be able to understand. And he didn't mince words about it being a serious problem. He also addressed some of the concerns that people had with the first draft of the resolution. And most important, he avoided that evil smirk that he gets when he talks about the war. I believe he was sincere, and I think it's about time we heard something Presidential from him.

Franky   September 24th, 2008 9:32 pm ET

Do you know how upset I was?? Believe it or not, I don't want my boy to win. I really don't. My country doesn't deserve better and you know what? I've said it before, if my boy wins the White House, I will change but if he isn't, I won't. And guess what? The President is right, this is not normal...but my life is.

The Media is the Enemy   September 24th, 2008 9:31 pm ET

BUSH HAS LIED BEFORE, WHY SHOULD I BELIEVE HIM NOW?!? HE TRIES TO LOOK SINCERE AND CONCERNED, BUT ALL I SEE IS THE BLUSTERER WHO LIED THROUGH HIS TEETH ABOUT WMD'S. WHERE WAS HE WHEN THIS WAS HAPPENING? NOW, A WEEK LATER, WHEN HIS CRONIES FAIL TO CON THE AMERICAN PEOPLE OUT OF 700BILLION HE COMES OUT OF THE WOODWORK. THEY CALL IT A BAIL OUT, I CALL IT REPUBLICAN SEVERENCE PAY!!! ALL I SEE IS A BEADY EYED LIAR. I WOULDN'T BUY A USED CAR FROM THIS LITTLE MAN.

No way man   September 24th, 2008 9:30 pm ET

No way man!!!

r conti   September 24th, 2008 9:30 pm ET

The only immedeiate action needed to avoid this crisis is for Bush and Cheney to resign.

Ted:Canada   September 24th, 2008 9:30 pm ET

HE LOOKS SO STUPID.

You are try to tell us (THE WORLD) that with more than 2.4 million people ( civil servants) who work for your federal government – not including the military. NO ONE KNEW THIS WAS COMING????

YOU HAVE TO BE KIDDING ???

Somebody LET THIS HAPPEN!

American you have to dig deeper. There is an answer.

Next Time – Pick a President who at least has a univeristy degree and does not have rely TOTALLY on OTHERS.

JASON FROM LOS ANGELES .   September 24th, 2008 9:30 pm ET

THE THING I WANT TO KNOW IS ..
WHERE DID YOU GET THIS 70 BILLION DOLLARS?
SOMETHING AINT RIGHT!

pam Eugene OR   September 24th, 2008 9:30 pm ET

No bail out. No free rides for greedy executives!

Roland   September 24th, 2008 9:29 pm ET

This president is an utter failure. What a disgrace.

Vicki from Alabama   September 24th, 2008 9:29 pm ET

CNN, why are you showing a pre-recorded interview with Bill Clinton right after the President just made such a sensational address?! Where are the experts? Where is the discussion? His claims are going unchecked? No wonder they were able to fool the public about WMD. I guess they just got the opportunity to do it again with their big corporate bailouts!

Big T   September 24th, 2008 9:29 pm ET

He can't even show a speech without the tape screwing up and having to take back up.
How is he suppose to fix the economy?

JASON FROM LOS ANGELES .   September 24th, 2008 9:28 pm ET

BUSH MAKES ME SICK!!
WE WOULDN'T BE IN THIS PROBLEM IF YOU WERE DOING YOUR JOB!!

Franky   September 24th, 2008 9:28 pm ET

All I wanna say is I'm 22 years old. And I can't (expletive) believe my country is stupid. The President made me sad, he really did. I'm just upset...YOU...DON'T...KNOW...S-!!!!

Stacy from Loudoun County, VA   September 24th, 2008 9:27 pm ET

What do Republicans stand for anymore? Small government? No. Rugged individualism? No. Barry Goldwater and Ronald Reagan are turning over in their graves right now. This one sweeping moves puts us on par with France in regards to being a socialist country. So-called Conservatives attack Liberals for wanting to be socialists, but even the most fervent left winger could not dream up this amount of socialism in the USA.

aware   September 24th, 2008 9:27 pm ET

So?

The market will right itself in time! I am not convinced that this bailout is worth considering. Let the greedy CEO's and home owners who bought with no or very little money down pay the piper! :(

If America is only all about the almighty dollar it isn't worth rescuing!

Surely, we are better than that? :)

aware   September 24th, 2008 9:26 pm ET

So?

The market will right itself in time! I am not convinced that this bailout is worth considering. Let the greedy CEO's and home owners who bought with no or very little money down pay the piper!

If America is only all about the almighty dollar it isn't worth rescuing!

Surely, we are better than that?

Woman 4rm CA for Obama   September 24th, 2008 9:26 pm ET

Bush is such an idiot. It is his and the Republicans fault that we are in this mess..... Exactly why I am voting Obama. Id rather have this man who is educated with the perfect VP than McShame who has no college education and Palin who is a college drop out!!!!\

Obama/Biden 2008!

Court Love   September 24th, 2008 9:26 pm ET

What a waste of my 14 minutes. Mr. Bush you really think we're idiots. The collapse would not have been permissible if the system didn't exist to allow it. it is not the American people faults Mr. Bush, it is our failed government oversight.

Paul   September 24th, 2008 9:25 pm ET

You mean the panic you're trying to cause to give Paulson ungodly power, Mr. Bush? Shut up. Go away.

Michael, Pensacola, FL   September 24th, 2008 9:25 pm ET

I just watched him and I wasn't moved. Call it the "Boy Who Cried Wolf" Syndrome or i'm just tired of the lies, but I don't believe a word that man says. He could probably tell me my boat is sinking and water could be up to my waist and I wouldn't believe him. Maybe he needs Colin Powell to provide a presentation and i'll reconsider!

Sian   September 24th, 2008 9:24 pm ET

Mr. Bush,
Immediate action was needed when you were reelected. That action should have been impeachment. But the country was too numbed by war, followed by joblessness, followed by homelessness. Thank the good Lord your reign is almost over. Even McCain can't be as helpless as you are.

indy chris   September 24th, 2008 9:24 pm ET

say you're sorry ya dumb chimp.

JD in NC   September 24th, 2008 9:22 pm ET

"America, we need you to immediately surrender $2,300 per person to turn our bad debts into gold"

Rob   September 24th, 2008 9:22 pm ET

this is the October surprise Rove talked about–they want to screw us for good. No way in hell should we bail them out . What are we , the public getting for this ? Nothing , as usual

Bush the worst president in history

Tom in Delaware   September 24th, 2008 9:21 pm ET

Allright 'Bots, let's try to come together on this.

Hurray for both of the Candidates, and the United States of America.

Barney   September 24th, 2008 9:21 pm ET

I agree – Nancy Pelosi, put impeachment BACK on the table and at least start it before January. This has been the very worst administration in the history of this country. IMPEACH !!

Put impeachment in his below zero legacy records.

SEA   September 24th, 2008 9:20 pm ET

Bush stood before the American people tonight with the same dumb look, the same read speech and the same unbelieable details as he did when he told the country why we needed to go to war in Iraq; didn't believe him then and don't believe him now.

What, five years from now his counter-part McCain lands in front of the Wall Street Bull and announce "mission accomplished" as thousands of homeless people stagger past in the background, when does it stop?

Palin being prostituted by McCain   September 24th, 2008 9:20 pm ET

Homes have BEEN in foreclosure, millions of people have BEEN losing their jobs, banks in my neighborhood have BEEN closing. Where the hell does Bush live? These things have BEEN happening. How dare he try to scare us into doing whatever the hell he wants to do...meeting with Wall street for them to tell him what to do with investing the money. Bu******! McCain and Bush are working together. This is all totally political. Just like the demise of our economy. ALL POLITICALLY MOTIVATED! WE ARE NOT IDIOTS.!!!!!!!!!!!!!!!!!1

Va. Boomer   September 24th, 2008 9:20 pm ET

Guess what dillweed...., you put us in this situation.
Why don't you take your money and bail us out.
God bless america, because you sure didn't during your watch!

Mack in OH   September 24th, 2008 9:18 pm ET

SOMEBODY TELL THAT ANTI-AMERICAN MORAN OBAMA THAT A 'CRISIS' IS NOT A TELEPROMPTER FAILURE.

McCain will be a hero because he is. Obama will be an empty suit talking by himself to the TV cameras, because he is.

ANONYMOUS   September 24th, 2008 9:17 pm ET

Immediate action? How about we just impeach Bush already and declare Obama the winner. Then we can get things sorted out.

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