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Bush on bailout: 'It's going to take awhile' to fix financial system

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sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 11:30 AM
Original message
Bush on bailout: 'It's going to take awhile' to fix financial system
Source: USA Today

President Bush told reporters this morning that "it's going to take awhile" for the $700 billion rescue plan to resolve problems in the nation's financial system.

Bush spoke after a meeting with business owners in San Antonio. "It's clear that these small business owners are dealing with the effects of a credit crunch," he says.

He says it will take some time for the Treasury Department to put in place an effective program that restores faith in the economy.

"Had we not done anything, people like the folks behind me would be a lot worse off. We'll make sure as time goes on this doesn't happen again, in the meantime we've got to solve the problem," he says.

Read more: http://blogs.usatoday.com/ondeadline/2008/10/bush-on-bailout.html?loc=interstitialskip



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AlphaCentauri Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 11:31 AM
Response to Original message
1. so we got the placebo pill
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goforit Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 11:32 AM
Response to Original message
2. Dream on bucko!!!
By the way George .......if our money ain't worth nothing then your phucking money ain't worth nothing.
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davekriss Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 11:40 AM
Response to Original message
3. George who?
O yeah, the lamest of lame ducks, Mr. soon-to-be-former Worst President Ever.
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torbird Donating Member (513 posts) Send PM | Profile | Ignore Mon Oct-06-08 11:57 AM
Response to Original message
4. He means it's a TRAP!!
It'll take Karl Rove and his TRAP for OBAMA to fix the economy!!11!!!

Who's with me??! I don't even know what I'm talking about, but I was really loving all those chances to say this was a big TRAP last week, and suddenly nobody's saying that anymore and I feel lonely.

What happened to how this was trap that would sink Obama?

I miss that asinine hysteria sometimes.
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Democrats_win Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 11:57 AM
Response to Original message
5. Why can't we charge bush late fees? That's what the banksters do.
While America is waiting for "Gudoze," they're being charge late fees for every second that bush's economy fails to deliver.
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bdamomma Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:09 PM
Response to Original message
6. he can f off
just like it would take a awhile for his interpretation of winning in Iraq. This man should be arrested.
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tylerdee Donating Member (166 posts) Send PM | Profile | Ignore Mon Oct-06-08 12:13 PM
Response to Original message
7. Maybe we're all in the matrix...
...and all this is fake. I can't remember if I took the red pill or the blue pill.
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Trillo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:22 PM
Response to Original message
8. G's "Faith-based" system.
Undoubtedly he means time is reckoned differently in heaven versus earth. "Lords" (heaven) and serfs (earth).

Translation: It could take millennia (plural) for the problem to be fixed, but when it happens, * says those in power will be sure to take bows for the applause at that time.
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pattmarty Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:23 PM
Response to Original message
9. Yeah, long after you're outa office, motherfucker!!!!!!!
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hatrack Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 12:26 PM
Response to Original message
10. Gosh, they're just exuding confidence in this photograph - esp. Laura
Or is the proximity of the drug store having unfortunate effects?
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RaRa Donating Member (705 posts) Send PM | Profile | Ignore Mon Oct-06-08 12:35 PM
Response to Original message
11. Yes, idiot, it's going to take a long time to fix-up all your clusterf@#s! n/t
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LiberalLovinLug Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 01:03 PM
Response to Original message
12. Hey Shrub..

S.T.F.U.!

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Amonester Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 01:33 PM
Response to Original message
13. What? Is he really sayin' that this time...
he's got no James R. Bath around to bail the world he effed up out??
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lutefisk Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 11:24 PM
Response to Reply #13
17. Junior is the one who gets bailed out each time he wrecks something, not his victims
Junior gets bailed out by his second term expiring before the real shit hits the fan. Once out of the White House he'll sleep all comfy down in his suburban Dallas estate in a Jim Beam haze, comfortable in his belief that it's all Obama's or McCain's or Clinton's or bin Laden's fault- anybody but him. He's not going to suddenly become a different person...
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fNord Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 01:50 PM
Response to Original message
14. What I think * means is....
FUCK YOU ALL!!! I crammed this down your throats and it was swallowed just like the USA Fascist Act, and now, since you wont see any real results, I'm gonna tell you the same yarn i've been weaving you this whole administration: "go back to bed America, your government is doing everything just fine. Just pay no attention to the blood money grubbers behind the curtain"

I REALLY HATE THIS FUCKING DOUCHE-TARD.
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jmowreader Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 07:31 PM
Response to Original message
15. OMG Laura looks so ashamed in that picture
It's almost like she's shouldering the blame for the catastrophe we're in. And she looks like she's about ninety years old.

I've said before she's going to dump the chump the day after the inaugural...after seeing that picture, she might not wait that long.
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JonLP24 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 07:34 PM
Response to Original message
16. Can someone explain to me
Why we were advised to hurry up with the bailout when it's going to take a long time to have any effects? DAMN!!! I wish we could've used this time to devise up a better plan.
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