BREAKING NEWS: Bush warns credit frozen, says House bill best chance to fix it, AP reports

[brooklynite]

Source: MSNBC

Banner Headline, details to follow.

God help us, did Bush decided to speak again?

Read more: http://www.msnbc.msn.com/

[ixion]

1. that monkey boy says it's crisis should be a huge red flag

and should send sensible people running and screaming away from this bill.

[Pale Blue Dot]

2. BREAKING NEWS: Bush warns credit frozen, says House bill best chance to fix it, AP reports

Source: MSNBC

No link yet. I'll post when I get it.

We have a U.S. President apparently saying that the credit markets are frozen.

No link yet.

---

Just my 2 cents, but I believe that the problem if really AND that the bailout bill only makes the problem worse.

[closeupready]

3. He's trying to pressure House members on the fence, trying to publicly strike pre-emptively

that is, if something goes wrong and you are a House member who voted against this bill, voters will hold you responsible.

[Gin]

29. strike pre-emptively............the bush doctrine

[BOSSHOG]

4. We just had to get Hussein too. And right now!!

[Jim__]

5. bush has zero credibility. He should just stfu. - n/t

[snappyturtle]

6. That's funny since my daughter's SO had five home loans go through

just yesterday! He works for Wells Fargo in MN. He writes 40 mortgages a month on average and he's in line to do the same this month???!!! Our banks are lending here in the Hill Country of TX.

[wtmusic]

9. This scaremongering is all crap

[Critters2]

11. I just got a new card from WF with a $20,000 limit. They don't seem worried.

Of course, I wouldn't give me $20,000 of credit. One of us should be prudent. Looks like it's gonna have to be me.

[Marrah_G]

40. Different type of credit

They are talking about short term revolving lines of credit that businesses and governments rely on.

[Marrah_G]

31. They are talking about a different kind of credit- not personal loans.

[girl gone mad]

50. Then why do they keep talking about personal loans?

[EFerrari]

36. It probably varies. I know people who are having very real trouble

out here in CA.

[girl gone mad]

49. Wells Fargo is in better shape than they've ever been..

local banks are flush with cash.

Capitalize these banks and let them pick up the slack.

Giving free money to the bad banks makes as much sense as giving free money to Enron when they were collapsing.

[saigon68]

20. Quick ----Deploy the CHIMPANZEE

[maddezmom]

7. here's an AP link:

http://ap.google.com/article/ALeqM5hT-MwpK6QSoOPF74bGFqnUl_HVuwD93IES3G2

[htuttle]

8. Fire! Fire! There's a fire in the theater!

Gee, thanks George...:eyes:

[Supersedeas]

44. Bushler wants so very badly to be relevant.

[wtmusic]

10. W just reminded me why I have to call my rep and urge a NO vote nt

[HopeHoops]

12. YAWN - The little drunk guy is crying "wolf" again. Who's up for soaking him in maple syrup?

We can leave him tied up near an ant hill afterward!

The more they send Bush out in "Terrists/Dangers/Be Afraids" mode, the less support they are going to get. They need to lock him in the Oval Office with a couple of cases of Jack Daniels and a port-a-potty.

[Plucketeer]

16. Hey!

Whaddya got against innocent, widdle ants??? LOL! Not to mention a waste of good maple syrup!

[lonestarnot]

18. Ditto!

[awoke_in_2003]

21. If you ever tangled with fire ants

you would know :)

[Plucketeer]

43. I knew what you meant, of course....

I was just commenting that I'd give an anthill more courtesy consideration than I would Bush. :crazy:

[awoke_in_2003]

47. Well, I might just give you that...

I really, really hate fire ants. Ortho commercials use the tag line "fire ants MUST die". When you get bit, it is about 10 days of hell (if you don't scratch it) before the sore goes away. But, all in all, I will have to concede that they are easier to get rid of than Bush :)

[SnowCritter]

17. Sheesh! You must really hate ants!

Of course, if they're fire ants, well then I can understand it. (Still seems a bit cruel to the ants, though). :evilgrin:

[depakid]

13. No one pays much attention to lame ducks

Leaders on the rise- like Senator Obama, that's a different story.

[shadowknows69]

23. Well apparently 75% of our Senate listened

including Senators Obama and Biden who will get a nasty email from me after the inauguration.

[depakid]

25. What would you say in the email?

[shadowknows69]

28. That I was not pleased with their support of a rushed bill

Now if it turns out they were all right and it miraculously saves our economy. Then I'll silently sit here and eat my humble pie and thank the Gods and Senators I was wrong.

[wundermaus]

14. I've got just one thing to say to the Pretender and Thief:

BuShit

[ForPeace]

15. My bank's still lending

I went to take a little cash out in case of emergencies and the teller tried to talk me into getting another credit card. The credit market's are not frozen. The bailout bill is a heist.

[Marrah_G]

30. Different kind of credit. Not personal credit

[DiehardLiberal]

34. Business loan

I just signed papers for a 50K business loan yesterday...Yes, I'm using it mostly to float my business for the next couple months until the new year when it SHOULD pick up.

[Marrah_G]

35. These are the revolving lines of credit

I know where you are at....we are also hoping to scrape by until things pick up. Business is WAY down from this time last year.

[girl gone mad]

51. The best way to improve sales would be a bottom up approach.

Haven't the last 30 years proven beyond all reasonable doubt that trickle down doesn't work?

[EFerrari]

38. MA and GA already had trouble. Yes, the credit market

is frozen and it's only going to get worse. The bailout may be a heist but there is a problem with credit.

[Marrah_G]

39. people are getting the type of credit being talked about confused

it is the short term revolving lines of credit that business and municipalities depend on that are frozen.

When people can still get a credit card or personal loan today they assume that all credit is fine and it is all a big scam.

[EFerrari]

41. Yep. And it isn't hitting everywhere in the same way. n/t

[Magleetis]

19. So the fundamentals

of the economy are frozen now? WTF. What a loser.

[shadowknows69]

22. My belief in this being a bad idea

increases every time that cretin comes out and threatens us again.

[bitchkitty]

24. Holding the people hostage

All credit frozen, even good credit, never-paid-late credit. They want us to kick up a big stink so that the House will pass it. We are being blackmailed.

[defendandprotect]

26. Wasn't Bush saying last week "fundamentals of economic system OK"...???

How to destroy our nation, Treasury, democracy in only 7 yeares ...!!

Remember the surplus and peace ...???

[Sadie5]

27. Bush has nothing to say

That i want to waste my time hearing. Anything that comes out of his lying neocon mouth so far has been to help him and his cabal pull in mega bucks while the suckers(taxpayers) hold the bag.

[defendandprotect]

32. Seems that as many as 22% of voters disagree with you --!!!

...but I agree with you --

[whistle]

33. So the $700billion is to bailout foreign investors

http://www.youtube.com/watch?v=GqIFoBXGizc&feature=related

[daleo]

37. Zap, you're frozen

Call Batman, Mr. Freeze is on the loose.

[nilram]

42. bu -bu-bu-but I thought the fundamentals of the economy were sound!!!

I guess I was an idiot! Or a liar...

Or both!

[midnight]

45. When are they going to take this criminal out of the White House?

[Zhade]

46. "Al Qaeda's in yer backyard, hurry up and pass the Patriot Act!"

Oh, wait, wrong bit of fearmongering, my bad.

It's just that they sound so... IDENTICAL.

[Art_from_Ark]

48. Don't forget "Weapons of Mass Distruction! Oh, my!"

And "Hurry up! Privatize Social Security before the funds run out, which will be any day now!"