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.

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

    Yeah, like Bush has any credibility to talk about the economy. He's worse than McCain in terms of not understanding what is going on.

    October 10, 2008 09:27 am at 9:27 am |
  2. Independent in Albany

    I think it's only fair that the real truth about neoconservatives is coming out at their rallies: That they are knuckle dragging right wing radical zealots with racist ideals and not an ounce of true patriotism among them. Pull your heads out of you know where and start acting like REAL americans!!!

    The road to hell is paved with republicans

    October 10, 2008 09:27 am at 9:27 am |
  3. Baze

    Vote McCain! His investigation on Will Ayers is the answer to our world's economic crisis!

    ONE NATION

    October 10, 2008 09:27 am at 9:27 am |
  4. Seattle Sue

    Bush is the reason for most of our problems, he is not a solution. He did not tell the truth when running in 2000 and has not told the truth since. I would like to as Mr. Bush if his tax cuts that was to make the economy (fundamentally) strong and create jobs has worn out. His tax cuts are still in effect and look at our economy! Good job, George-NOT

    October 10, 2008 09:27 am at 9:27 am |
  5. Praetorian

    Thanks George..mighty kind of you and out of character when compared to your alarmest comments the past two weeks.

    We feel better already.

    October 10, 2008 09:27 am at 9:27 am |
  6. ines

    Bush can take Cheney, McCain and Palin and fade into the horizon. There is NOTHING any of these can do to help our economy.

    My family and I have already voted for Obama-Biden, and will support them in any way we can throughout their presidential administration.

    October 10, 2008 09:28 am at 9:28 am |
  7. South African for OBAMA

    All Hail the Worst President in US History

    October 10, 2008 09:29 am at 9:29 am |
  8. Junius

    Is he going to calm fears by resigning both himself and Cheney?

    I bet that would cause stocks to skyrocket.

    October 10, 2008 09:29 am at 9:29 am |
  9. proud army and navy mom

    Look at the war criminal. Impeach Bush now!

    what's funny is the bush and the people who voted for him is the reason why our economy and military is in the shape it is in and they are the ones crying the most.

    October 10, 2008 09:29 am at 9:29 am |
  10. Ken in NC

    .How can the President without a country expect the citizens to be confident when we are all on the Titanic and going down fast while the Captain (PRESIDENT) says the ship is holding up well. I worked hard all my life so I could retire early and enjoy life and now in a few years this mindless fart we have for a President has screwed it up and with things as bad as they are now, I can't get a job because no one is hiring. Hell yes I am mad. I am a mad American

    October 10, 2008 09:29 am at 9:29 am |
  11. John fron NC

    I'm no republican, but why are people in the forum not commenting on the article and just bush-bashing. You know reminding each other that we will support each other during this time would not be a bad thing. If there was ever a time to put away the trash talk , it would be now.

    October 10, 2008 09:30 am at 9:30 am |
  12. tony

    Comments like Val makes are not only dumb but show who OBAMAS voters really are–

    October 10, 2008 09:31 am at 9:31 am |
  13. BluCanon

    Bush is pushing for the 0% approval rating! Poor guy. I watched as he walked back in the White House after one of his press conferences and it looked as if he walked in with his head down. Welp...I guess that's what one gets for cheating. I bet Bush is gonna vote for Obama too! That would be so funny! Well, I'm done. I know the gubment prolly reading this comment too. It's all good...PEACE!

    October 10, 2008 09:32 am at 9:32 am |
  14. Junius

    And everyone saying that he should do nothing because he is a lame duck and lacks credibilty, he is still the man in charge. He should atleast take some questions from the American people and face the music.

    He keeps on saying that we are fighting people who hate us for our freedoms. But all King George does is hide in his castle and ignores the people he has been elected to serve.

    This is a democracy. No one's status is any higher than anybody else. He should face the American people and answer questions as to how he let this happen on his watch.

    October 10, 2008 09:33 am at 9:33 am |
  15. scat398

    Time to send this lame duck home for good.

    And for the the person who commented on Acorn. You have no idea what you are talking about. Republicns are working in every swing state to have real american votes banned. These people no matter how poor they are have the right to vote and acorn is helping them do that.

    Why do republicans fear the vote of the poor and the homeless?

    October 10, 2008 09:33 am at 9:33 am |
  16. BK

    Ken
    Yea you need to elect an inexperienced drug user. Go ahead and elect a man becaused he gives a good speech. A man that has voted for increasing taxes. The investors are selling out in the market now because they think Obama will be elected and increase the capital gains tax. There will be no jobs left. They will go over seas so fast, it will make your head spin.

    October 10, 2008 09:33 am at 9:33 am |
  17. Jeff Brown

    Keep on talking "W"! You dug your grave with all the lies and stupid decisions you made for the past 8 years! Keep on talking and help drive more nails into McCain's political coffin! The chickens have FINALLY come home to roost!!!!!

    October 10, 2008 09:35 am at 9:35 am |
  18. Alvin Swerve

    I think even the most fervent Republican would now agree that W is the worst president ever. Too bad they did not realize it eight years ago, as so many of us did.

    October 10, 2008 09:35 am at 9:35 am |
  19. Larry, Apex, North Carolina

    People: Be aware of what is going on. You are living through REAL history that will be written about for a long time to come. All of this is NOT just a footnote. George Bush will be remembered as the WORST president in American history.

    October 10, 2008 09:35 am at 9:35 am |
  20. TheSideLiner

    ALL HE NEEDS TO DO : IS TO KEEP HIS MOUTH SHOUT .HE IS A PHANTOM

    October 10, 2008 09:35 am at 9:35 am |
  21. Lee from FL

    two words: LAME DUCK

    October 10, 2008 09:35 am at 9:35 am |
  22. mike

    Maybe Bush should go to Wisconsin and explain to those angry people that the reason McCain won't beat Obama is because of all the republican screw-ups over the last 8 years. The ruin of our economy, a stupid war, rampant corruption, and the list goes on.
    The damage done to our country during the last 8 years will take a generation to fix. Enough Americans have the brains to figure out that McCain will not take us into that generation. Obama will. Shame on Bush and McCain for their abject stupidity!

    October 10, 2008 09:37 am at 9:37 am |
  23. AL

    After Bush and his side-kick McSame helped the country get into this mess now he wants to talk nice and pretend he is trying to get us out of it.. Go back to Texas and take MsSame with you.

    October 10, 2008 09:37 am at 9:37 am |
  24. Lorna, NY

    January 20, 2009 cannot come soon enough for me..

    October 10, 2008 09:38 am at 9:38 am |
  25. TKW- New Mexico

    Bush why don't you go on vacation until January!

    October 10, 2008 09:39 am at 9:39 am |
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