Bush, a Georgie come lately, as always
Have you noticed over the last 8 yrs, that Bush is always a day late and a dollar short......on brains and action?
Bush: 'We must act now'Bush, Paulson outline powerful steps targeting troubled mortgage-related assets weighing down the finance industry. Plan could cost hundreds of billions. #yahooBuzzBadge-form{text-transform:uppercase;} NEW YORK (CNNMoney.com) -- President Bush and Treasury Secretary Henry Paulson on Friday outlined a series of far-reaching steps - likely to cost hundreds of billions of dollars - aimed at stemming a widening financial crisis that is roiling the financial markets and undermining confidence in the banking system.
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"We must act now to protect our nation's economic health from serious risk," Bush said at a White House press conference. "There will be ample opportunity to discuss the origins of this problems. Now is the time to solve it."
"This is no time for partisanship," Bush added. "We need to move urgently needed legislation as quickly as possible without adding controversial provisions that could delay action."
We all realize that in matters such as Katrina, we were sorely lacking in response as well as underestimating the disaster. Forgive me if I'm wrong but shouldn't Bush have been noticing all along how badly the economy was doing? Isn't that part of his job? And if he WAS to lift a finger to correct it, it wouldn't be quite so bad now if he had acted a lot sooner.
Care to disagree? I didn't think so!
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