October 6, 2008
Posted: 12:15 PM ET
Pres. Bush said the bailout will take time to work.
Pres. Bush said the bailout will take time to work.

SAN ANTONIO, Texas (CNN) – President Bush said Monday it will take a while to put an effective financial rescue plan in place after Congress approved a $700 billion scheme to prop up the lending industry.

"We don't want to rush into this situation and have the program not be effective," he said after meeting with small business owners in Texas, adding that he did not want to "waste taxpayers' money."

Watch: Bush's comments on the Bailout Package

Bush said the controversial plan was a "big step" towards solving the crisis in finance, which has claimed a number of the country's largest banks and investment banks and has sent stocks plummeting.

He admitted "a lot of people are not pleased" by the plan, but said the public would have been worse off without government intervention.

"Had we not done anything, people like the folks behind me would be a lot worse off," he said.

Filed under: President Bush


Old Guy   October 6th, 2008 1:55 pm ET

Hate might not be working but, censorship sure is, I have tried posting to this story four times to no avail.

This is the republican economy, the economy George Bush and John McCain worked on for these past eight years. Do you like what you have now?

Where would your Social Security savings be if Bush/McCain had their way and your SS money was in the stock market?

notime   October 6th, 2008 1:55 pm ET

well george let the next gov't take the blame if this bailout you have proposed doesn't work. You will be in your ranch retirement party while the average american can worry about their jobs, 401k, healthcare, taxes and whatever mess you have left us with not to mention the war in Iraq and Afghanistan, God help us.

help us Obama!
help us Joe!

Jason   October 6th, 2008 1:55 pm ET

Does anyone even care what Bush says or does anymore? No one likes this guy and we all want him to just go away.

Pumpkin Eater   October 6th, 2008 1:55 pm ET

Some day he may rank among the greatest of US presidents. Certainly one of the most controversial. He has had to deal with an attack on US soil, like Roosevelt. He has had to deal with natural disasters on unprecedented scale. He has had to preside over a financial crisis not seen since the 1929 crash. I think history will treat him a lot more kindly than his contemporaries.

Foreign Born US Citizen   October 6th, 2008 1:54 pm ET

I feel sorry for Palin. I watched the VP debate and she could not answer a single question appropriately that relates to the question that was being asked. "Joe six pack" to me that's an insult. Sounds like she was talking to drunk people in general. Maybe I misunderstood what she meant by that. Maybe someone could explain that to me because I'm not into "slang words". Palin said she is a journalist but she is not articulate enough compare to other journalist that I watch. Now she's attacking her opponents and so be it. I am independent voter and a woman but because she's a woman, and a governor and a mother it doesn't mean that she is qualified to be the VP. McCain is old and is not in the best of health. That scares me! Journalist and the OBAMA camp should not ve soft on PALIN because she's a woman after all she started the NASTY ATTACKED.

Lou from CT   October 6th, 2008 1:54 pm ET

As I have said before, the Republicans are trying to take the focus away from the economy and other issues hitting Americans where they hurt the most - their wallets - and focusing on smear, lies, and "Swift Boat" attacks that they have practiced since the days of Richard Nixon (anyone remember CREEP)? If they actually think the Democrats are oging to fall for this nonsense, they are sadly mistaken.

ohio   October 6th, 2008 1:54 pm ET

tell palin to suck a huge one she has a really big mouth with empty head not brains at all

karen raleigh   October 6th, 2008 1:53 pm ET

I think that as a nation we should all vote for Obama/Biden–all states should be in the blue and see what they can do for this country and its people. Give the Democrats a chance –4 years goes by in a very short time- let's get it together..Obama/ Biden 08

George W. BUSH IS A CRIMINAL   October 6th, 2008 1:53 pm ET

NO Farewell Party for - George W. Bush. This man is a discrace and has turned this country into the Laughing Stock among other world leaders. George W. Bush should be punished for his crimes against the American people. The Economy and The Iraq War. NO MORE GEORGE BUSH ECONOMICS.

Pol   October 6th, 2008 1:53 pm ET

The low-intellectual woman, who could be found only in Alyaska, is barking and digging a big hole for her future where she will be sitting forgotten by Mc-…whatever for the rest of her life.

ohio   October 6th, 2008 1:53 pm ET

mccain and bush both idiots!!!!!

RH   October 6th, 2008 1:53 pm ET

"…adding that he did not want to 'waste taxpayers' money.'"

Well that's big of him.

Glenn; North Carolina   October 6th, 2008 1:52 pm ET

"a lot of people are not pleased" That's like saying WWII was a skirmish. People are pissed, and it's getting very ugly outside. I was watching a NYC news station and there is a 30% chance of it raining stock brokers on wall street. NYPD is recommending avoiding the area immediately adjacent to the NYSE, as there could be some splash over from some of the "Fat Cats".

Mary Jane   October 6th, 2008 1:52 pm ET

It' s my belief the democrats are in cahoot's with the economic crisis - they are playing politics in a backroom fashion so they can present the messiah as the answer, when in actuality the corrupt messiah and the "leaders" (lol!) of the democrats are the problem. Corrupt politics as usual. Country First - John McCain and Sarah Palin, sensible leaders in a turbulent time. Lets shake the corrupt out of Washington - starting with Obama.

Ilene Sternberg, West Chester, PA   October 6th, 2008 1:52 pm ET

If you really want to know what happened to John McCain, please Google and read the story of McCain's life, "Make-Believe Maverick" by Tim Dickenson. John McCain is a complete fraud!

Real Politics   October 6th, 2008 1:52 pm ET

Abby: Look again……..McCain went up. Sorry for the bad news.

Winnie in Montana   October 6th, 2008 1:51 pm ET

The bailout plan will take a long time to work, if it works at all. Since we have never been in this situation, theory is all we have to work with. It's possible that this bailout won't work at all or may have a negative effect. Much more thought and analysis should have gone into this plan before the House and the Senate approved it. It's like they went to the grocery store when they were hungry.

eds   October 6th, 2008 1:50 pm ET

Since comments were closed so fast on the story about McCain's advisors stepping up the attacks:
No news there is it? You notice that they say they are "staying focused on the economy" (since when WERE they focused on solutions to the problems there??) but putting it (to paraphrase) in the framework of attacks on Obama's character. What the devil does Obama's character have to do with the economy and their (lack of) a plan to fix it????? Just curious.

Billy   October 6th, 2008 1:50 pm ET

Cannot wait to turn the page on the Republicans.

Trickle down/deregulation does not work. I just hope Obama can pull this economy from the toilet.

Kelby from Houston, TX   October 6th, 2008 1:50 pm ET

BUSH: Yeah, it will take time for such a large amount of money to arrive in my friends checking accounts. And then we have to consider the amount of time it will take to distribute the funds to my other rich friends. 700 billion dollars is alot of money. And then of course I have to get paid. Ahh the transfer of wealth, it is a tedious yet rewarding process…

We should have solved this problem from the bottom up. The people are hurting, if we had 700 billion dollars to give, we should have given it to the people who are hurting

IAMWMD   October 6th, 2008 1:49 pm ET

I love the way the Repugs will all go down at once this election cycle. While Palin continues to attack Obama with lies the dow dropped like an old 72 year old with cancer running for President. They'd best start addressing issues to make themselves look respectable if nothing else because they are darn sure to be the biggest loosers on Nov 4. with or without Joe Repug.

Cathy   October 6th, 2008 1:49 pm ET

I wish the bail out package would help everyday people that have lost jobs, cant pay bills or feed their children. How about all this crazy money being spend on negitive ads by political people–lets use all that money to bail out our fellow americans!!

BUSH & REPUBS BROKE AMERICA   October 6th, 2008 1:48 pm ET

You have done more than enough for - rather to - this country. The only thing left to do is appologize and endorse Obama - then just go away!

Veteran for Obama   October 6th, 2008 1:47 pm ET

Congress is already investigating so no need to wait or worry Mr. President. The House Oversight and Government Reform Committee is already holding hearings into this and the CEO of Lehman is on the hotseat as I write this.

Farrell, Houston, Tx   October 6th, 2008 1:47 pm ET

"Worse off", how can that be when McCain said the economy was fundamentally strong and apparently McCain still thinks that because McCain and Palin sure aren't talking about the economy or a solution. Americans aren't interest in McCain/Palins foolishness or lack of any economic background, they are about as iliterate on economics as they are about the concerns of American people. They are two of a kind which links them to the Bridge to NoWhere.

Tony   October 6th, 2008 1:47 pm ET

BUSH WILL GO DOWN IN HISTORY AS THE WORST PRESIDENT THIS COUNTRY HAS EVER HAD!

CHENEY WILL GO DOWN IN HISTORY AS THE MOST DANGEROUS VICE PRESIDENT THE COUNTRY HAS EVER HAD!

MCCAIN IS NOTHING MORE THAN AN EXTESNION OF BUSH AND WOULD GO DOWN IN HISTORY IF ELECTED AS NO MORE THAN A MERE CONTINUTAION OF BUSH….

AND PALIN WOULD TAKEN UP THOUSANDS OF VOLUMES FOR HER INCOMPETENT, INCOHERENT, DIMIWITTED AND DANGEROUS SELF. SHE IS A AN AMERICAN JOKE NOW AND WOULD BE LUCKY TO GET ELECTED GARBAGE WOMAN WHEN SHE GETS BACK TO ALASKA!

Veterans for Obama   October 6th, 2008 1:47 pm ET

Why should we listen to you Bush? You and McCain have been wrong about EVERYTHING!

Change is coming!

Obama/Biden 08

Sean Martin   October 6th, 2008 1:47 pm ET

>> "people like the folks behind me would be a lot worse off"

Yep. Cheney and Rove and the rest of the crew would be seriously SOL if you hadnt tossed a trillion pretty much right into their hands, huh.

kim   October 6th, 2008 1:46 pm ET

After this what will Palin be talking about the next 4 weeks?

Just wondering…….

Chris   October 6th, 2008 1:46 pm ET

News flash George, the stock market is under 10,000 now. You certainly need to rush and do something to hat this death spiral. Maybe if you guys had not been asleep at the wheel for eight years we wouldn't need a bailout and my 401k wouldn't be wiped out now. I'm never going to be able to retire now thanks to you morons.

Pam   October 6th, 2008 1:46 pm ET

Since when does Bush advocate not rushing into things?

Mrs. Texas Teacher   October 6th, 2008 1:45 pm ET

I don't know how the man can show his face in public!

No Hillary = No Obama   October 6th, 2008 1:45 pm ET

Had this jerk been impeached for lies, crimes against humanity and corruption two years ago - would we need a bailout now.? He has zip credibility. Anything he says, people should think and expect the opposite. This is what you get when you have a Corporate Presidency wasting human lives to indulge their own greed. Thanks, Nancy Pelosi for saying "impeachment is off the table" and bankruptcy is on the table.

Rudy NYC   October 6th, 2008 1:44 pm ET

What a mess. I wish I could tell you about the numerous folks I know who are amazed that I had predicted this exact scenario back in 2004.

Folks, the selling prices of homes over the past several years are way over their actual value, by as much as 70% by my estimation. The final mortgage prices were not determined by value, but rather by how much lenders were willing to lend. Lenders then had an object that could be traded very much like stock.

Also, the GOP has painted the picture that most of the bad loans were to people who could not afford them. The truth is that most of the loans were to people who already had homes and were borrowing against the equity in their homes, not low-income, frist-time buyers.

Chuck   October 6th, 2008 1:44 pm ET

It took us the last 8 years of republicans and deregulation to get in this mess plus destroy the surplus that Bill Clinton had, along with his balanced budget. For the time it takes every bad decision that is made, it will take twice as long to fix. Be prepared America this isn't going away any time soon. It will probably get worse before we see a turn around. If McCain and Palin are elected you are pretty much guaranteed another depression as confidence will dwindle away to Palin's brain size. ZIP!!

Thanks BUSH! You're the BEST!   October 6th, 2008 1:43 pm ET

Bush is one of the biggest catastrophes to walk the planet. He needs extra time to lay out solid plans to cover his tracks for he, cheney and paulson to pack away as much of the 700 billion in offshore accounts as they can without being caught. Any future inquiry into the missing funds will be referred to the "executive privilege" clause previously laid out.

Thanks BUSH! You're the BEST!   October 6th, 2008 1:42 pm ET

Bush is one of the biggest catastrophes to walk the planet! He needs extra time to lay out solid plans to cover his tracks for he, cheney and paulson to pack away as much of the 700 billion in offshore accounts as they can without being caught. Any future inquiry into the missing funds will be referred to the "executive privilege" clause previously laid out.

tws1906   October 6th, 2008 1:42 pm ET

No it will not…it will fail just like his administration.

Brian   October 6th, 2008 1:41 pm ET

This is a disaster. The republicans have left our great nation in shambles.

I am hopeful that a recovery is possible, but not until these scoundrels are removed from office.

Obama/Biden '08

Bruce   October 6th, 2008 1:41 pm ET

he has no clue and really does not care.His legacy Iraq war that was approved on false information, an no plan, and the president who left office with the country teetering on the brink, if not in a depression.
That is his legacy.
Worst President we have ever had.

j   October 6th, 2008 1:41 pm ET

There's no evidence that this bailout will work since there is no plan here. They're making it up as they go. Since the economy is cyclicle, it will eventually rebound, whether the government does anything or not. The question is - how bad is it going to be before it gets better?

D&D   October 6th, 2008 1:41 pm ET

Oh really? How did he guess that?

It's not like people are expecting a miracle by next month!

Sarah So NJ   October 6th, 2008 1:41 pm ET

Thanks Bush and Greenspan - all you greedy manipulative goofs

for this infamous legacy….. (6/10 expect depression)

Clinton played a role in it too..

with Dot Com and Telecom bubbles

I don't want a GERIATRIC oogling a BIMBO

to take over NOW!

Bob Indianapolis IN   October 6th, 2008 1:40 pm ET

With regards to the Republican brand under Bush:

'if we were a dog food, they would take us off the shelf.'

Rep. Tom Davis (R) Virginia

Rob   October 6th, 2008 1:39 pm ET

He's just full of it —- like he has anything in that empty head of his !

kingpin   October 6th, 2008 1:39 pm ET

We don't have time to wait on the government. Plus there's not much left after you take out all that PORK!

Michael in Houston   October 6th, 2008 1:39 pm ET

I still say we shouldn't have done it

Tommy   October 6th, 2008 1:39 pm ET

All he's done as the most worthless president in history is "waste taxpayers money!'

Stacy from Loudoun County, VA   October 6th, 2008 1:38 pm ET

QUOTE: [Bush] did not want to "waste taxpayers' money."
Thanks George. Don't want to do that now do you? God forbid you waste our money now you have bleeding us dry. Do us a favor and just stay in Texas, you just cost the taxpayer money every time you go to Washington.

Jack from California   October 6th, 2008 1:38 pm ET

Take a good look folks this is the George Bush/John McCain economy! Yes that's right, the rich republicans have already pulled their money out of the market months ago and were left in panic mode losing our life savings.

Sounds like 1932 all over again, the rich will get richer from all this but, right now they will sit back in their mansions at the country clubs of America and relax as we go to the bread lines.

A chicken clucks in Johns yard   October 6th, 2008 1:38 pm ET

The American taxpayer just got it in the back by the man in this photo,who knew this would happen but did nothing to stop it.

White-African(born there) American Military BRAT   October 6th, 2008 1:36 pm ET

The PALIN/McCain ticket ARE LIARS just like McCains BEST BUDDY, BUSH.

NOBODY IS LISTENING Bush.

PALIN/McCain = BUSH III

The PALIN/McCain ticket will go DOWN IN HISTORY as the MOST DISGUSTING political campaign in AMERICAN HISTORY.

FEAR MONGERING WILL NOT WORK AGAIN!!

Steve   October 6th, 2008 1:36 pm ET

Several years ago, historians like Sean Wilenz of Princeton were arguing that George W. Bush would go down in history as the worst President of the United States. They cited the unjustified and mismanaged war in Iraq, the abandonment of New Orleans in the aftermath of Katrina, the degradation of our civil liberties, the growing gap between rich and poor, the rapidly increasing national debt, the politicalization of the Justice Department, and the growing estrangement of the US from its traditional European allies.

Now we could add the collapse on Wall Street and the cost of the bail-out.

So what can John McCain and Sarah Palin do to win this election? They can't point to Republican peace and prosperity. They can't show that the quality of life has improved over the last eight years. They can't cite an educational system improved, , an infrastructure, rebuilt, asocial security preserved, or health insurance expanded.

So all they have left is attack the character of their Democratic opponents. This is not putting country first. It is a shameful coda for the public life of John McCain and a disappointing overture for the public life of Sarah Palin.

Baze   October 6th, 2008 1:36 pm ET

God I hope so

Bulldog   October 6th, 2008 1:36 pm ET

McCain and Palin have absolutely NO SOLUTIONS. They only know how to call names and smear people. Wow, now that's who I want running this country.

SG   October 6th, 2008 1:36 pm ET

I would like to ask Dick Fuld of Lehman Brothers if he will pay for the medical plan of the retirees that they lost…he certainly has enough money to do so….After working 20 years at Lehman Brothers and retiring with what I thought was good coverage….it is now lost! AND, I will probably have to go back to work to pay for medical coverage…AND he walk away with millions.

michael   October 6th, 2008 1:35 pm ET

Please God, someone put THAT man in jail.

Joe Regis   October 6th, 2008 1:35 pm ET

The time has come for a change, fear and hate are not going to deter change. No more repubs this year.

It's the Economy, Stupid!!   October 6th, 2008 1:34 pm ET

What I find risky and dangerous is the fact the the McCain campaign continue to ignore the ECONOMY and are attacking Obama on lies and inuendos.

The Dow is down almost 500 points, down under 10,000 and McCain is not even touching this! How can McCain and Palin even think they are qualified to run this country when they are playing ROVE politics instead of addressing the real issues for the American People?

They are pathetic!!!

Oregon calling   October 6th, 2008 1:34 pm ET

And some people want another "Republican" in the White House? Ask yourself this folks, what state has the Highest gas prices? What the Republicans are calling their "Energy" expert, Gov. Palin's very own A;aska has the HIGHEST GAS PRICES in the Country~

Vote Obama / Biden 08

McAncient   October 6th, 2008 1:34 pm ET

Ignorance is expensive - especially when u reside at 1600 Pennsylvania Avenue and bear the title of Leader of the Free World.
Joe Six packs are officially banned from running the Oval Office.

SusieQ   October 6th, 2008 1:34 pm ET

What are we doing here? Had Bush been keeping an eye on the country's financial health instead of going to war on false pretenses, we would not be in this mess in the first place. Given the loss of financial security in the country, and the billions that were stolen from the American people by the corporate fat cats and government lobbyists, I say that all the persons responsible be tried, convicted, and thrown in jail. That is what the american justice system is for, to get public menaces off the street.

ez   October 6th, 2008 1:33 pm ET

Early voting is the way to go.

Registered Republican voted for Obama/Biden 08

JL   October 6th, 2008 1:33 pm ET

Are you kidding me? "a lot of people" must mean "rich people" because they are the ones that benefit.

This money won't "trickle down" to the rest of us at all. That's the problem with the "trickle down" theory. It doesn't take greed and corruption into account, which is rampant in big business and government.

No more de-regulation! No more trickle down! No more bailouts! No more republicans lieing to us about our best interest while picking our pockets clean!

Beverly, NYC   October 6th, 2008 1:32 pm ET

Dear John Mccain:

I called my mortgage company today to inform them that I am tried of paying my mortgage and wil be turning the page. They informed me that 3 month of non-payment the lead to foreclosure. Can I live in one of your 7 houses?

Shawn   October 6th, 2008 1:32 pm ET

Um, did I miss something, or isn't the sum of the bailout $700 Billion PLUS another $100+ Billions of earmarks??? Why has that ceased to be mentioned over the last few days?

Nimi from NY   October 6th, 2008 1:32 pm ET

Thank God I don't have any investment in the stock market. I don't have enough money to save in the bank either. The little that I have, I have statched under my pillow.

Nads   October 6th, 2008 1:32 pm ET

Thank the lord that Bush is at the helm to get us through the impending financial crisis. He has steered the country so intelligently and valiantly thus far, we should continue to trust in his judgment now!

And yes, we shouldn't rush into this situation, except for the way we did last week, when Bush was pressing Washington to drop everything and "solve" the crisis that his eight years of effective leadership helped create.

Yes, sir! Bush is a true leader and we should all be congratulating him for his swift action, credible judgment and brave foresight. Thanks, George!

I am so sick of him....   October 6th, 2008 1:31 pm ET

Go AWAY! What else do you want from us? You want McCain and Palin to finish your destruction of America:

Are there any crumbs left to steal from starving babies?
More families that you can leave homeless?
More retirement accounts that you can destroy?
More jobs that you need to make sure go over see?
Not satisfied- you want higher crime rates and stress?
Higher unemployment levels?
The stock markets to crash?
More wars? More people to kill?
World economic depression?
More natural resources to strip and profit from?

WHAT IS LEFT FOR YOU TO DESTROY FOR GREED???????
You are disgusting.

Dutch-VA   October 6th, 2008 1:31 pm ET

McCain is gonna punk out tomorrow night. Sen. Obama is going to slam him for all of his negative campaigning and lies. McCain wanted a fight, now he's got one! He can't even look Sen. Obama face to face, eye to eye because he knows he's running an unhonorable campaign. You started John, we'll finish it. And send that puppet of a VP of yours back to Alaska. Not only have you allowed yourself to lose all of your credibility, you're taking her down with you. There is no honor in your campaign. I thought you were going to stay away from the Rev. Wright thing? But it's okay for your chihuahu to talk about it? You two are a disgrace. As much as I disagree with the republicans, Huckabee would've been a way better choice than Sen. McShame. At least he has some morals whereas you've proven to me that you'll do anything to win an election. As Sen. Obama stated when he was here in Newport News on Saturday, "THAT AIN"T RIGHT." No Way, No How, No McCain, No Palin.

OBAMA/BIDEN 08 - READY TO LEAD NOW

Angela   October 6th, 2008 1:31 pm ET

I can't wait to read the comments from the idiots supporting Obama in 3,2,1…

Quentin in Nashville   October 6th, 2008 1:30 pm ET

Why is this guy still relevant?

Cuban-mami-4-OBAMA   October 6th, 2008 1:30 pm ET

****** I see that one again CNN is not allowing comments***********

I wrote a lengthy well thought out comment about the Republican's record and it disappeared. What's going on, is CNN now "Faux News"?

The record is clear and there for any one with a mind to look up and check out.

The Republicans controlled the Congress from January 1994 through January 2007, they did their best to deregulate banks and Wall Street.

And the Bush/Cheney legacy is OUR NATIONAL DEBT: $10 TRILLION owed to China, Saudi Arabia and Dubai.

I say IF you want more of the same, vote for McCain!

Bob, Newport   October 6th, 2008 1:30 pm ET

The biggest bailout will be in November when Americans will bail OURSELVES out of eight years of the Republicans' rape of our country.

Democrats 08.

Huh?   October 6th, 2008 1:29 pm ET

I hope, for once in his pathetic presidency, hes right. another 500 point loss today on wall street. not looking good

McAncient   October 6th, 2008 1:29 pm ET

Who's that guy in the pic??? America Let's give him a standing ovation for dashing our dream and practically endangering our future…

Tired of W, OH   October 6th, 2008 1:29 pm ET

But….deregulation is good, right McCain?…….McCain…….Oh, I forgot. He's too busy smearing Obama to worry about the economy and our nation of whiners.

Becky   October 6th, 2008 1:28 pm ET

I can't wait until I have a President who deserves my respect.

O8ama

RapidRay   October 6th, 2008 1:28 pm ET

"Had we not done anything, people like the folks behind me would be a lot worse off."

You mean those same people who want what you wanted…another wad of money that you could throw into a bad business investment?

Thanks, George W. Bush. It was too little too late. Now I have the pleasure of calling all of my customers over the last 20 years and tell them I'm closing up shop today.
Why?
Because a self involved, sanctimonious son of a father who couldn't end a war properly has managed to pad the pockets of his oil and Wall Street coffers to the tune of one nation's economic stability and he still thinks a little ore time might fix things.

History will never forget you, George Bush
…and we should never forgive you. Your oath has been broken and you should be hanged for it.

A Time to Come Together   October 6th, 2008 1:28 pm ET

Hate will never work. Barack Obama understands the economy, how to create jobs, the housing crisis, and he knows how to bring an end to the Iraq war and to bring our military home.

Obama/Biden have shown character and sound judgement.

McCain is still running around like a chicken with its head cut off and Palin no comment. I will leave her to SNL.

Obama/Biden are both proven leaders.

Paul   October 6th, 2008 1:28 pm ET

It s time for real change. Change that will bring prosperity and peace to our nation. We need the Democrats in the White House. As a nation, we are sick and tired of the GOP 's failed policies that benefit just a few and forget about most of us.

The GOP will say anything, they now they have lost the respect of millions who are now facing foreclosure, who are worried about medical bills, college tuition, retirement, and who simply can no longer trust a party that simply benefits the wealthy.

Our economy, our safety and prosperity depend on people who truly care about all people.

Yes we will!

Obama - Biden 08

mike   October 6th, 2008 1:28 pm ET

Thats funny to me about people saying he attends a church that hates white people when his mother is white.

Greed is not good   October 6th, 2008 1:27 pm ET

Like father, like son…from the S & L scandals of Bush 41 and sons…to the Bush 43 Sub-prime mortgage meltdown

Independent, white woman   October 6th, 2008 1:27 pm ET

Oh goodness, when did he get so smart as to have some answers?
G W Bush and Mccain are so entangled in this web!

Bruce   October 6th, 2008 1:26 pm ET

One thing is CLEAR. Bush was trying to keep the lid on this and prevent the problem from exploding before the election. That is why Bush and McCain kept saying the economy is sound.

They were trying to put a happy face on it and keep it going long enough to get elected. Now John has to face the fact that his past experience with Keating 5 will come back to haunt him.

He FAILED AGAIN.

McCain is a FAILURE!!

kim   October 6th, 2008 1:26 pm ET

Well folks….. it ain't just the Keeting Five that we should be worrying about…McGimmic's son was a member of the Board of Directos of Silver State Bank…ya know…the one that just failed recently. Like father, like son….do you all want McGimmic anywhere close to our money??? I don't!!!!!

Michael   October 6th, 2008 1:26 pm ET

Maybe the John McCain plan will work, just turn the page, and ignore the economy.Bush,McCain and the Republician policies have rueiun the United States…

C   October 6th, 2008 1:25 pm ET

Can we get some of the $700,000,000, 000 to pay off our student loans. Under your administration, salaries went down, but student loans continued to acrue interest. $4000 worth of interest yearly, but salaries down; it does not add up. Can we get a bailout!!!

Muckinello   October 6th, 2008 1:25 pm ET

does anyone care what this guy is saying anymore? ah.. of course.. someone that thinks he is right 95% of the time is still listening to him!

Obama/Biden.. there is no alternative!

Not4MoreYears   October 6th, 2008 1:24 pm ET

In that picture, please let Bush be walking away from the White House…..please, please, please……

It's the King-Midas-in-reverse deal - he's screwed up everything he's touched. Get him out of there before he screws up anything else.

eunice c   October 6th, 2008 1:24 pm ET

sarah palin needs to go back to alaska — check this out america she also wants to overturn roe v wade be careful of who you vote for becasuse if a woman is rape by a male family and get pregnant you cannot have a abortion you have to keep the baby which will be your sister or brother or cousin and as far as rev wright and mr ayers we've heard it all ms palin and mr mccain i bet they have a little something like secrets in their closet or under the rug somebody needs to investigate ms palin

Bob Indianapolis IN   October 6th, 2008 1:24 pm ET

Dumbya, the Clown Prince! He of the wicked Oedipus Complex that undid everything daddy did! Poppy must be so proud now that even his rich buddies are feeling the pain!

He destroyed his country, his party and his legacy all in one fell swoop! When the next administration takes over, he's going to need that ranch in Paraguay, because there is no statute of limitations on treason and war crimes…

Peggy - TX   October 6th, 2008 1:24 pm ET

Can’t fool all the people all the time, just 42%.

Ken in Dallas   October 6th, 2008 1:24 pm ET

The trouble with the bailout plan is that it rests on the same "trickle-down" theory that has failed so consistently in the management of the overall economy. In short, the bailout has no ibvious features that would require its beneficiaries to use the bailout money as it is intended, i.e., to add liquidity to the credit market.

If the bailout doesn't work, we will have proven that banks aren't lending because they just don't want to, not because they can't. If that happens, it may become necessary to rescind the bailout.

Ohioblueskype   October 6th, 2008 1:24 pm ET

I was at a wedding in Fulton, MO over the weekend (East of Columbia-blue and West of St. Louis-blue), a relatively red town. I saw 3-1 Obama signs. I'm telling you, I have hope for my state! I live in midtown and we are so Obama, it sometimes feels a little insulated; but I picked up friends in Independence and Blue Springs which are suburbs that are normally BRIGHT RED - again, 2-1 Obama in Independence and 3-1 Obama in Blue Springs. I realize the yard sign 'polling' is probably not a terribly effective method; but these are 'typically' not even questionable.

I hope the Show Me state shows McCain the way to exit our state - and not a minute too soon, I say!

Joe and Jill Biden, our thoughts are with your families!

Veterans 4 Obama   October 6th, 2008 1:23 pm ET

Yeah it will start working on January 19th, your last day in office!

My prediction for this election…you heard it here first.

Obama/Biden #339 electoral votes

McShame/Palin #199 electoral votes

Change is coming, and I can't wait.

ANGIE   October 6th, 2008 1:22 pm ET

WE NEED BARACK OBAMA FOR PRESIDENT!!

RapidRay   October 6th, 2008 1:22 pm ET

INCREDIBLE!!!!

"We don't want to rush into this situation and have the program not be effective,"

So what was all the rush 2 weeks ago to push a three page blank check through Congress?
I hear "Hurry up and wait".

Jordan - San Marcos TX   October 6th, 2008 1:21 pm ET

What the hell is Bush doing here (in Texas)? The Dow is down 550 points today. Get back to the White House and lead for once!

Marie   October 6th, 2008 1:20 pm ET

Great legacy Bush leaves the country as he prepares to leave office. Recession or Depression?….a never ending war in Iraq. Hopefully history will judge him for the terrible leader he is. And sadly, I don't think he cares, he will ride off into the sunset to play at his ranch in Texas. The GOP wants more of the same. McCail and Palin have no solution, so they spread smears and try to change the subject. How do these people sleep at night?

BB   October 6th, 2008 1:20 pm ET

Go to you tube and type in "Sarah Palin has ties to radical Alaskan Independance Party". My efforts to provide the link have failed to obtain a clearing of the moderators.

As the 'Paign Turns   October 6th, 2008 1:20 pm ET

"Sooner or later, people are going to figure out if all you run is negative attack ads you don't have much of a vision for the future or you're not ready to articulate it." - John McCain, 2000

Let's make this quote viral…

Bruce   October 6th, 2008 1:18 pm ET

McCain you can't hide your ties to BUSH. You voted to support Bush over 90% of the time. that is when you were present to vote Mr. MIA . You were not pressent more than any other Senator. Will you be as absent from the white house?

Jerry Ohio   October 6th, 2008 1:18 pm ET

McCain,Bush, Palin all of them need to be sent to jail i wondering where is my tax money going to why is this economy is falling apart I pay enough taxes to keep this economy in shape…Bush answer this question in 2007 my job was outsource to Canada how can you keep American job from outsource. Palin give up you are bad news to American.

Brendan H., San Antonio, TX   October 6th, 2008 1:18 pm ET

Taking financial advise from Bush is like getting a facial from a leper!

EBC, Boyds, MD   October 6th, 2008 1:18 pm ET

Can we say "dead man walking"…..this President was a total disgrace and DICK Cheney himself was nothing more than a THUG in a suit.

Good riddance, I wish they'd both GET LOST sooner than later.

disgruntled voter   October 6th, 2008 1:17 pm ET

News Flash..this bailout is NOT going to work. Look at the stock market today and the DOW is below 10,000. The rich are cashing out while the getting is good. Wouldn't you take an old losing lottery ticket back if you could get your money back? This "bailout" is simply so that the people with money could get some of their money back. Politicians included.

PLEASE, PLEASE, PLEASE MCCRYPT, TELL US THE POOR OLD WARRIOR STORY FOR THE 4,157,819th TIME, WE JUST CANNOT HEAR IT ENOUGH WHILE THE ECONOMY DISSOLVES BEFORE OUR VERY EYES!!   October 6th, 2008 1:17 pm ET

it would appear the reptilian party's attacks on Obama is already having a negative impact.

But not on Obama but on the erratically traveling circus, the Gallup daily just out shows them down a point and Obama is now at an 8 point lead.

So, keep up that whole "turning the page" thingy, it is surely working for us Obamabots!

bill   October 6th, 2008 1:16 pm ET

its confidence people and we the american people and the world DONT HAVE A DAM BIT OF CONFIDENCE IN LIEING YOU CAINT BELIEVE GEORGE W BUSH IMPEACH HIM NOW BEFORE HE DOES ANYMORE DAMAGE TO THIS GREAT COUNTRY AND VOTE PEOPLE 40 PERCENT OF US CANT PULL THE LOAD

Leigh   October 6th, 2008 1:16 pm ET

And meanwhile McCain plans to cut Medicare and Medicaid in his Health Care plan.He would use the time for the bail out to work to cut these programs entirely. The amount of seniors impacted would be devastating, not to mention the disabled. None of the people in these groups can compete with young people for jobs. Obama 08

Jill   October 6th, 2008 1:16 pm ET

George Bush and Company will waltz out of the White House in fine style. No one was watching the hen house and the foxes cleaned up. We woke up way too late. We can't afford 4 more years of the same.
VOTE OBAMA!

Bruce   October 6th, 2008 1:16 pm ET

Barack Obama leads John McCain among registered voters across the country by a 50% to 42% margin in Gallup Poll Daily tracking from Oct. 3-5, the tenth straight day in which Obama has held a statistically significant lead.

tennisguypitt   October 6th, 2008 1:14 pm ET

I have two things to say:

1. What happened to John McCain? He is using the same tactics that derailed his campaign in 2000 against Obama. If that would've happened to me, I would have run a cleaner campaign.

2. You know, everyone, we are the only country in the world where if you screw up and destroy something, you are given too much money to "repair" it! These greedy executives only care about themselves! Throw them in jail!

Obama/Biden '08

Bruce   October 6th, 2008 1:13 pm ET

Just like Hover Bush is leaving the Country in a DEPRESSION. It took a DEMOCRAT to get us out of the last GREAT DEPRESSION and Obama will have to lead us out of this one.

McCain can no longer be trusted he has told too many lies. LIERS can't be trusted he talks aboutObama's character but shows us how low his own CHARACTER IS.

Dutch-VA   October 6th, 2008 1:13 pm ET

Just like old Dub-Ya to tell you the facts about something after the fact. Whatever George. You've got 29 days to get packing. Out of public housing for you.

OBAMA/BIDEN 08

Cleavette   October 6th, 2008 1:12 pm ET

It will take time for the Paulsons, McCains, Chenneys, Bush and the like to get all of the money hidden into offshore accounts. But then again, they are just bold enough to walk down the strets with the money in their hands.

Susan in Colorado   October 6th, 2008 1:12 pm ET

The only thing Palin can comment on is falsehoods about Obama. McCain can't seem to come up with anything to comment on except how the world is picking on him. We elect these two and we're done, stick a fork in us.

Abby   October 6th, 2008 1:11 pm ET

looks like the hate is not working. Gallup Daily: Obama Leads 50% to 42%

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