October 10th, 2008
09:15 AM ET
6 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.

Full story


Filed under: President Bush
soundoff (130 Responses)
  1. JD in Moraga

    "Perino also said Bush's speech at the White House Rose Garden is not expected to announce any policy decisions."

    ...and this is supposed to encourage us how? I guess the "MBA" in the "MBA President" stands for "Most Botched Administration."

    October 10, 2008 09:18 am at 9:18 am |
  2. Dan

    We believe in you President Bush...the economy isn't as bad as everyone says it is! AS REPUBLICANS, WE WILL PREVAIL AND CONTINUE TO TAKE OVER THE WORLD THROUGH YOUR GREAT LEADERSHIP!!!

    October 10, 2008 09:19 am at 9:19 am |
  3. N.S of Huntsville, Al

    Is Bush still our President? bush is the terroist, crook, lier, thieft, racist, dumb, A$$. But yet the republicans are yelling to hurt Obama.

    They need to go to the White House and demand Bush to get his crazy A$$ out of office. He has destroyed our country financially, morally, and the war has ruined our credibility.

    October 10, 2008 09:19 am at 9:19 am |
  4. We are ALL "That One"

    Boooooo! Go home you evil man!
    Go back to Texas and leave us alone. Is there anything left of America that want to destroy before you leave?

    DISGUSTING!

    October 10, 2008 09:19 am at 9:19 am |
  5. James

    I can't wait till this man's 8 years are over!

    October 10, 2008 09:20 am at 9:20 am |
  6. Anna PA

    Bush should really stop coming on the tv. Just the sight of him is making the market drop! He doesn't bring any confort to people because noone has any confidence.

    BUSH DO US ALL A FAVOR AND GO BACK TO TEXAS!!

    October 10, 2008 09:20 am at 9:20 am |
  7. Bob from Pittsburgh

    Republican = Resection

    Remember that on Voting day..

    October 10, 2008 09:20 am at 9:20 am |
  8. N.S of Huntsville, Al

    Pailn in the troopergate is so damm busted. I knew her and first dude Todd was no good. But yet Pailn still opens her mouth about asking tough questions to Obama.

    October 10, 2008 09:20 am at 9:20 am |
  9. shughes7@hotmail.com

    Read Rolling Stones Article on October 16th entitle "Make-Believe Maverick" It will blow your mind.

    October 10, 2008 09:21 am at 9:21 am |
  10. Sweetie

    With only 25 days to go......

    The rise in the "Polls" of the Left wing Puppet has folks totally FREAKED!

    I have talked with several folks who took all their money out of the Market yesterday at a great lose saying

    "With a WEAK Economy and a WEAK President we are DOOMED!

    Wake up before it is too late we can't afford to elect a novice!

    McCain/Palin-08

    October 10, 2008 09:21 am at 9:21 am |
  11. guy heth

    Stooping to this level of scumbaggery is just disgusting

    October 10, 2008 09:21 am at 9:21 am |
  12. Janes

    The only thing i want to hear from Bush is good bye.

    October 10, 2008 09:22 am at 9:22 am |
  13. Bob from Pittsburgh

    Opps :

    Recession...!!!.

    Republican = Recession.

    Remember that on Voting day..

    October 10, 2008 09:22 am at 9:22 am |
  14. tim in IA

    In tough times, President Franklin D. Roosevelt told the nation:
    "We have nothing to fear, but fear itself".

    Fast Forward to 2008 – President George W. Bush basically told us:
    "We have EVERYTHING to fear, AND fear itsef!"

    The stock market will calm down if investors will just heed the words of FDR, instead of W.

    October 10, 2008 09:22 am at 9:22 am |
  15. Lovey

    Buch want s to keep people at odds so McCain can come to Washington on his white horse and say he has saved the nation. It want work this time Bush. Ask Obama on ideas as w ay to get us out of this crisis. Give us a stimulus and let us work toward getting back on track because McCain is in your footstep with nothing to say.

    October 10, 2008 09:23 am at 9:23 am |
  16. MD in Oklahoma

    Just do us a favor...don't say anything!!!

    October 10, 2008 09:23 am at 9:23 am |
  17. Baby B

    Thats Great, But can we talk about Cindy McCains Drug Problem and John McCains Drinking problem whiel we are at it???

    October 10, 2008 09:24 am at 9:24 am |
  18. Molly KC

    President Bush is an idiot!

    October 10, 2008 09:24 am at 9:24 am |
  19. Sylva

    And people are ready to vote in another republican. What is wrong with your thinking? Wake Up!

    Enough is Enough

    October 10, 2008 09:24 am at 9:24 am |
  20. Matt

    They have NOTHING!!

    Hence they will resort to anything. Cheap and dirty in the campaign, cheap and dirty in the leadership. McCains already senile

    Straight Talk Express that one??

    October 10, 2008 09:25 am at 9:25 am |
  21. BK

    Kris K in CA
    What do you expect? Obama sent lawyers up there. The Democrats up there are for Obama. The man that is investigating has said there is going to be an Oct. surprise, he is for Obama. Obama gets a free ride on everything because he is black.

    October 10, 2008 09:25 am at 9:25 am |
  22. Sara

    Bush is the true domestic/international terrorist. Can anyone name one good thing he did for our country in the last 8 eight years?

    October 10, 2008 09:25 am at 9:25 am |
  23. Laura, Boston

    I hope Bush doesn't talk to long...everytime he speaks, the market plummets.

    Oh well I guess we can change the term 401(k) to 101(k). That's what its beginning to feel like.

    It doesn't matter who you vote for (the President doesn't control the ecomony) neither candidate will be able to stop the markets from bottoming out.

    If anything some economists are saying if Obama gets elected that the markets may suffer more because he will raise the capital gains tax.

    I don't know who to believe. I just feel that experience is the better quality to have since this is a world wide problem now.

    October 10, 2008 09:25 am at 9:25 am |
  24. Tired of W, OH

    What time is Bush going to speak? I want to see how fast the stock market plummet right afterwards.

    October 10, 2008 09:26 am at 9:26 am |
  25. Barbara - 65 yr old white female in NC

    Pelosi needs to start impeachment proceedings. I know it's too late to get it done, but it needs to be put in his legacy so that future presidents (whichever party) will know what this type of behavior will get them.

    Bush is a moron – he's been a puppet for Rove and Cheney for 8 years and they have ruined our great nation.

    We don't need any more puppets in the WH.

    October 10, 2008 09:27 am at 9:27 am |
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