Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Bush on the economy and accountability: "A lot of the decisions were made before I arrived"

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
Amerigo Vespucci Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 03:44 PM
Original message
Bush on the economy and accountability: "A lot of the decisions were made before I arrived"
Bush: 'I Did Not Compromise My Principles'
President George W. Bush Says He Will Leave Office With 'Head Held High'

http://abcnews.go.com/WN/Politics/Story?id=6354012&page=2



President Bush said that his administration responded promptly to the economic crisis.

"When you have the secretary of the treasury and the chairman of the Fed say, 'If we don't act boldly, we could be in a depression greater than the Great Depression,' that's an 'uh-oh' moment," he said.

Through government action such as the Troubled Assets Relief Program, Bush insisted that the government has taken the necessary first steps towards economic recovery.

"Slowly but surely, the system is becoming unthawed, and it's going to take time for the system to become unthawed," he said. "What the American people have got to know is we've taken the steps to unthaw it, which is the first step to recovery.

"The American people got to know that we will safeguard the system," he said. "I mean, we're in. And if we need to be in more, we will."

While many have cast blame on the Bush administration for mishandling the economy, the president said he did not have feelings of guilt for the financial collapse.

"You know, I'm the president during this period of time, but I think when the history of this period is written, people will realize a lot of the decisions that were made on Wall Street took place over a decade or so, before I arrived in president," Bush said. "And when people review the history of this administration, people will say that this administration tried hard to get a regulator. And there will be a lot of analysis of why that didn't happen. I suspect people will find a lot of it didn't happen for pure political reasons."
Printer Friendly | Permalink |  | Top
PM7nj Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 03:45 PM
Response to Original message
1. He's still around?
Damn.
Printer Friendly | Permalink |  | Top
 
riqster Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 03:47 PM
Response to Original message
2. "Before I arrived in president"?????
:rofl: :rofl: :rofl: :rofl: :rofl:
Printer Friendly | Permalink |  | Top
 
Deep13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 03:48 PM
Response to Original message
3. The previous 42 presidents DID make a lot of decisions!
I'm pretty sure talking us into a recession, giving away the Federal treasury, cutting taxes and then going to war were not among those decisions.
Printer Friendly | Permalink |  | Top
 
Auggie Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 03:49 PM
Response to Original message
4. A decade or so from 2001? Mmmm, who was in office then...?
Printer Friendly | Permalink |  | Top
 
xxqqqzme Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 03:57 PM
Response to Reply #4
9. Right - did he just blame his father
for the mess today? Clinton didn't take office until '93.
Printer Friendly | Permalink |  | Top
 
City Lights Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-02-08 02:13 PM
Response to Reply #4
19. Looks like Junior is still having Daddy issues.
It would have been so much better for planet Earth if he'd sought help from a psychiatrist. :mad:
Printer Friendly | Permalink |  | Top
 
Catshrink Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 03:50 PM
Response to Original message
5. He tried to get to get a regulator?
I thought they tried to get rid of regulators. He sure has a selective/defective memory. They just make shit up as they go.
Printer Friendly | Permalink |  | Top
 
gkhouston Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 04:02 PM
Response to Reply #5
12. They were on 8 year backorder. Making regulators is hard work. n/t
Printer Friendly | Permalink |  | Top
 
WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 03:51 PM
Response to Original message
6. "The American people got to know...." = Articulate to the bitter end.
Edited on Mon Dec-01-08 03:52 PM by WinkyDink
Printer Friendly | Permalink |  | Top
 
Lerkfish Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 03:52 PM
Response to Original message
7. so... he's the UNDECIDER?
:)
Printer Friendly | Permalink |  | Top
 
lunatica Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 03:56 PM
Response to Original message
8. Shakespeare was thinking of someone like Bush when he wrote these words
I substituted the word 'Bush's' for the word 'Life's', but otherwise it's all Shakespeare

Bush's but a walking shadow, a poor player
That struts and frets his hour upon the stage
And then is heard no more: it is a tale
Told by an idiot, full of sound and fury,
Signifying nothing.
Printer Friendly | Permalink |  | Top
 
Hekate Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 04:01 PM
Response to Reply #8
11. The epigraph for any Bush biography; the epitaph for his tomb. The Bard is perfection. nt
Printer Friendly | Permalink |  | Top
 
Kurt Remarque Donating Member (709 posts) Send PM | Profile | Ignore Mon Dec-01-08 04:07 PM
Response to Reply #8
13. his stupidity is so profound
read the interview and continue to wonder how the hell this jerk got elected for anything
Printer Friendly | Permalink |  | Top
 
gkhouston Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 04:01 PM
Response to Original message
10. Wow, I guess Cheney hit the ground running.
I'm surprised he never managed to get a regulator. He sure didn't have any trouble shooting that guy in the face.
Printer Friendly | Permalink |  | Top
 
uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-01-08 04:08 PM
Response to Original message
14. I think I just threw up in my mouth...
Printer Friendly | Permalink |  | Top
 
struggle4progress Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-02-08 11:46 AM
Response to Original message
15. "Don't blame me: I'm just the decider guy"
Printer Friendly | Permalink |  | Top
 
treestar Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-02-08 12:04 PM
Response to Original message
16. WTF? I thought * was The Decider
Wasn't he that strong figure in charge of everything? :shrug:
Printer Friendly | Permalink |  | Top
 
tigereye Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-02-08 01:59 PM
Response to Original message
17. yeah right

:nopity:


poor George. He just did what he was told.
Printer Friendly | Permalink |  | Top
 
City Lights Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-02-08 02:08 PM
Response to Original message
18. A "misleader" to the bitter end.
Oh, and george, regarding those principles you didn't compromise...you can't compromise something you don't have.

Bring on 1.20.2009!
Printer Friendly | Permalink |  | Top
 
TK421 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-02-08 02:17 PM
Response to Original message
20. What...no "mission accomplished"? oh wait.....nevermind, scratch that shit
;-)
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Oct 31st 2024, 06:06 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC