October 3rd, 2008
02:10 PM ET
14 years ago

Bush speaks on bailout bill

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/10/03/art.bush.cnn.jpg caption="Bus commented on the House passing the bailout bill."] WASHINGTON (CNN) - President Bush plans to sign a massive bailout bill before leaving Washington on Friday, a senior administration official told CNN.

Bush is scheduled to leave the White House at 3:15 p.m. Friday.

The House approved the historic bailout legislation by a vote of 263-171.


Filed under: President Bush
soundoff (246 Responses)
  1. bill gordon

    The "Pit Bull" was at her very best,and Joe wasn't bad either. It wasn't what one would call a dynamic debate,but it put Sarah back in the fast track.An extra point or 2 in the polls will tell the tale.

    October 3, 2008 03:59 pm at 3:59 pm |
  2. Thai

    As an aside, what i find interesting is that no one has made this link yet:

    Who was the last person in the white house to come from a very large oil producing state, hailing that they knew oil and knew how to improve our energy policy?

    Everything coming out of Palin sounds eerily familiar.

    October 3, 2008 03:59 pm at 3:59 pm |
  3. Ted:Canada

    YOU SHOULD ALL BE ASHAMED!!!!!

    (CNN) - A 90-year-old Akron, Ohio, woman who shot herself as sheriff's deputies tried to evict her from her foreclosed home became a symbol of the nation's home mortgage crisis Friday.

    – of the people – by people – for the people YAH RIGHT!!

    Obama – fix it!

    October 3, 2008 04:00 pm at 4:00 pm |
  4. to azman

    Don't just vote independent. Vote for the largest third party–Libertarian.

    Read their platform and decide. I'm a social liberal and fiscal conservative. Mainly meaning that the government should essentially leave me alone.

    October 3, 2008 04:00 pm at 4:00 pm |
  5. Rex Savage

    It is heartening to finally realize that the corporate structure has 100% control over America. I am so glad that industry, with its minion G. W. Bush, can now openly state its goals and its means to achieve those goals. At last big business has achieved the total control it has sought – so diligently fought for by Reagan and his cohorts. I am looking forward to many decades – well, perhaps a half of one or so – of aristocracy instead of democracy and the attendant perqs such as total dependence upon the taxpayers to foot all of their bills and continuing economic policies starting with keeping the wealthy wealthier and letting their largesse trickle down to us peons. It makes governance sooooo much easier. Now we can just sit back, relax, and pay all the bills.

    October 3, 2008 04:00 pm at 4:00 pm |
  6. Mission impossible

    Your mission, should you choose to accept it, if you're outraged...

    is go to the Libertarian Party website
    Read the issues and platform.
    Ask yourself why it is that you are voting for who you are voting for and make an informed decision.

    There are other choices, and simply clinging to a party because that's the only thing you've ever done is not a reason for casting the vote.

    October 3, 2008 04:01 pm at 4:01 pm |
  7. Cleavette

    We now have someone with less sense than Bush, (Sarah Palin) She is very close to being an AIR HEAD.

    October 3, 2008 04:01 pm at 4:01 pm |
  8. upfront

    Hey W, are you going to save Arnold in California too?

    No better yet, go on vacation............again!

    October 3, 2008 04:01 pm at 4:01 pm |
  9. paul

    Now you got one thing right and that is all Biden does is rant about nothing.

    Did any one notice that a few times he said Obamas name by mistake when pointing out somthing that McCain did?

    Maybe its just me but is this guy so old he cant remember who his running mate is?

    Maybe the real reason for his rant on McCain was made, because he was upset McCain did not pick him for his running mate.

    October 3, 2008 04:02 pm at 4:02 pm |
  10. John

    I didn't even know that NASCAR was in trouble!

    October 3, 2008 04:02 pm at 4:02 pm |
  11. Dutch-VA

    Is the sky still falling George Dub-ya?

    October 3, 2008 04:02 pm at 4:02 pm |
  12. Wake-up America

    @ Shelby:

    Republicans wrong again. Barack had already stated that same thing in several of his speeches on the campaign trail several weeks ago. As usual the McCain/Palin campaign can not come up with anything original. They copied the Change slogan, they agree, finally that the economy is bad, and several other issues. But they just don’t get it when it comes to who is ready to lead this country into the future. And no offense, but two illiterate C average, war monger egotistical, true elitists, just doesn’t do it for me.

    October 3, 2008 04:02 pm at 4:02 pm |
  13. David

    This moron's scare tactics work again. Along with a pork barreled bill. This congress has sold us out.

    October 3, 2008 04:02 pm at 4:02 pm |
  14. irina from boston

    After what happened today, I would say that Bush made top 2 most historical, strategic, and brave decisions in the past 20 years. Historians should recognize that.

    October 3, 2008 04:04 pm at 4:04 pm |
  15. dj

    exuse yourself. Bill Clinton is NOT the one to blame this on. Shame on you Economist.. Your just as bad as BUSH..Lies, LIes and more Lies. The only half lie Bill ever told was having oral sex with a woman of age. You men who keep wanting to blame Bill. Well your just JEALOUS. plain and simple.
    BUSH and his VP ( idiot ) are to blame.. To blame for everything going on now.. Shame on him and his party.. What they have done to this great country of ours.. Shame on Bush..
    McCain will be the same way. With the exception he is older than BUSH. but, same ole same ole.
    But, don't you go blaming Bill Clinton.. Your life was never so good when Bill was in office. And, you darn well know it.

    October 3, 2008 04:05 pm at 4:05 pm |
  16. VICTOR LOAISIGA

    someone has to say to Sarah the United States is not a circle in Alaska there is many states for consideration, probably she realy don't understand geografy as she don't understan that mortgage failure has nothing to do with alaska policy in energy, poor lady, she really have a problem on knowledge.

    October 3, 2008 04:05 pm at 4:05 pm |
  17. Anonymous

    If McCain/Palin win the election we might as well start migrating to other countries. We will have dumb and dumber in the white house and America will just fall apart like it already has started with Bush!!

    October 3, 2008 04:06 pm at 4:06 pm |
  18. Karen

    It's funny how the Pugs voted down the previous bill, add a little pork and they go wild.

    Stick it to them Baby, Stick it to them!

    October 3, 2008 04:06 pm at 4:06 pm |
  19. LB-NJ

    Biden was blabering, repeating too much. It frankly annoyed me, because I felt like he was talking down to the average people watching. It was like a father scolding his child. The only thing he put his breaks on was getting votes for Obama/Biden. GO MAVERICKS

    October 3, 2008 04:07 pm at 4:07 pm |
  20. mitch

    this is all the republicans fault.

    October 3, 2008 04:08 pm at 4:08 pm |
  21. Intelligence in White House

    Why did we even have a debate last night??? Sara Palin didn't even attempt to answser questions she didn't want to answer! She spouted out rehearsed talking points and when faced with a question she didn't like she went back to talking about Alaska and energy!! When asked for her achilles heel she cited her strengths? Should someone tell her what an achilles heel is???
    Golly Gee, can anyone see her as president? If she doesn't believe the Bush administration was a failure what would she qualify as a failure? If it were up to her she'd give Cheney more power!!
    Clearly McCain did not put America first when he picked her as VP. A blatant attempt to win Hillary vote, not to help govern this country!!!

    October 3, 2008 04:08 pm at 4:08 pm |
  22. scotty

    Laddy, don't you think you should rephrase that?

    "Historic Bailout" should be "Hysteric Bailout" run around and wave your arms too!!

    October 3, 2008 04:08 pm at 4:08 pm |
  23. nitro

    Please stop that BS you cant blame anything on Clinton because he had a republican congress. Clinton was last in the white house 8 years ago. If in eight years you cant figure out a problem why the hell were you elected.He just got his behind out of a sling thats all.

    October 3, 2008 04:08 pm at 4:08 pm |
  24. porky

    Your mission, should you choose to accept it, if you're outraged…

    is go to the Libertarian Party website
    Read the issues and platform.
    Ask yourself why it is that you are voting for who you are voting for and make an informed decision.

    There are other choices, and simply clinging to a party because that's the only thing you've ever done is not a reason for casting the vote.

    October 3, 2008 04:09 pm at 4:09 pm |
  25. dt

    Why shouldn't politicans and political parties have to give back the donations and contributions they have received from any financial institution, officer or director of these institutions, PAC's tied to these institutions that get any taxpayer dollars as a result of this mess? That would include closed banks and companies they we had to bailout.

    If you get caught with stolen property you are required to return it. Well, the money they have gotten over the years from all these financial institutions now turn out to be funds stolen from the markets. I would love to hear a call for politicans and political parties to have to give all these ill gotten monies received to the Treasury to help offest some of this hundreds of billions taxpayers now have to cough up. Include in that payments in kind to the politicans and parties.

    Lead the charge and start a public uprising to have these crooks in Washington return the money they got from the crooks on wall street to the people of main street the DC crooks now say they are so concerned about.

    October 3, 2008 04:09 pm at 4:09 pm |
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