October 10th, 2008
09:15 AM ET
10 years ago

Bush hopes to reassure nation after economic woes

President Bush will discuss the economy Friday morning in the White House Rose Garden.

President Bush will discuss the economy Friday morning in the White House Rose Garden.

WASHINGTON (CNN) - President Bush has tried to strike an awkward balance between reassurance and reality about the nation's financial crisis. On Friday, he will do so again, but the repetition raises the question: to what effect?

Since September 15, the day financial giant Lehman Brothers failed, the president has commented on the nation's financial health 26 times, either through written, radio or on-camera statements.

White House Press Secretary Dana Perino says the president will let Americans know they "should be confident that every effort is being taken to stabilize our financial system."

Watch: Rescue plan will ' take a while,' Pres. Bush says

Perino announced the news after Thursday's astonishing 679-point drop in the Dow Jones Industrial Average, saying Bush would make his remarks "following the market's continued volatility this afternoon."

Perino also said Bush's speech at the White House Rose Garden is not expected to announce any policy decisions. In the past, Bush's statements have mostly been brief, as in Thursday's comments at the White House during a Hispanic Heritage Month celebration.

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Filed under: President Bush
soundoff (130 Responses)
  1. Orlando

    Bush your cowboy ways have caught up to you. Thanks but no thanks to the McCain/Palin ticket.

    October 10, 2008 10:03 am at 10:03 am |
  2. Leo Hussein Smith - TX

    Repubs dont love America, only Money. If Exxon and Halliburton would deposit their profits in the US. The Banks would be fine. They have taken almost all the money and put it in the Bank of Dubai.
    Hurry Nov 4th We Need Obama Now!!!!

    October 10, 2008 10:04 am at 10:04 am |
  3. Greg M.

    Hide your face in a hole in the ground. Take Palin, McCain and the other REPUBLICANS and put their heads in a hole, a hole.

    OBAMA 08..............................................................................................

    October 10, 2008 10:05 am at 10:05 am |
  4. Michael

    Wow... do you think there has ever been a president more looking forward to the end of his term than Bush?

    Maybe Hoover, though that was over 75 years ago

    October 10, 2008 10:05 am at 10:05 am |
  5. gerri

    The only thing that will save the economy is the immediate resignation of Cheney and Bush.He should do so for the sake of the American people.Paulson and Bernacki must also go now,for the greater good of all.

    October 10, 2008 10:05 am at 10:05 am |
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