Comments on: Bush: U.S. Not Headed Into Recession

President Does Express Concern About Slowing Growth; Also Presses Congress On Intel Bill

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by mbcsmith February 29, 2008 12:00 PM EST
Bush has the IQ of a toadstool. I guess your world always looks rosy (economy, Iraq, price of oil) if there is nothing in your head but cobwebs from all the lies your have told. I am like the guy who said I don''''t blame Bush for the mess. I blame the idiots who voted for him twice.


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Posted by grumpas at 08:54 AM : Feb 29, 2008

So, bright boy, when did you get your masters degree from Yale. Oh, you didn''t. Well, that makes you even more stupid than the one you criticize. How''s it feel to be more stupid than W.
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by kellyafische February 29, 2008 11:56 AM EST
I am so ashamed to call this fool the president of my Country.God help us all out of the mess this idiot has created!

Posted by irishbitch12

WISH GRANTED! Daniel 2:44; Matthew 24;Revelations 11:15; THE HOLY BIBLE - The Kingdoms of the earth are to be destroyed by God and the whole earth will be a paradise. That is why the Bible was written. REVELATIONS is NOW! FULFILLMENT IS NOW!
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by grumpas February 29, 2008 11:54 AM EST
Bush has the IQ of a toadstool. I guess your world always looks rosy (economy, Iraq, price of oil) if there is nothing in your head but cobwebs from all the lies your have told. I am like the guy who said I don''t blame Bush for the mess. I blame the idiots who voted for him twice.
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by jwind11 February 29, 2008 11:52 AM EST
I admire both Chavez and Osama. THANK YOU both for having the courage to face the hate and bigotry you have faced and one of you will continue to face. YOU have MADE me VERY PROUD!! VERY PROUD INDEED!

Posted by MCVet at 08:06 AM : Feb 29, 2008

Hmmmmm....all you libs feel this way?
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by vmcneal2 February 29, 2008 11:40 AM EST
I don''t blame Bush for our current mess. I blame the people who voted for this idiot... twice. Lord help us if another trigger happy Republican gets in the White House this time.
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by taotxzen February 29, 2008 11:21 AM EST
"Comments by President Bush today raised questions about his level of awareness of what Americans are paying for gasoline and where prices could be headed."

(CBS)
Peter Maer is a White House correspondent for CBS News.
Comments by President Bush today raised questions about his level of awareness of what Americans are paying for gasoline and where prices could be headed. During a photo opportunity with his economic advisors, Mr. Bush mentioned gasoline costs as he made the case for permanent tax cuts.

He told reporters, "If you''re worried about $3 gasoline and you think your taxes may be going up in two years, then the uncertain price of gasoline creates more uncertainty as you plan for your future."

It was unclear whether Mr. Bush was referring to concerns about current or future prices. Press Secretary Dana Perino insisted the president is "fully aware of $3 and up gas."

In many parts of the country, the price at the pump has been more than $3 a gallon for days. AAA and the Oil Price Information Service report nationwide gas prices average just over $3.15 a gallon.

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by taotxzen February 29, 2008 11:20 AM EST
(cont)

Responding to this reporter''s questions at a White House news conference today, Mr. Bush said he had not heard about analysts'' predictions of the potential for $4-a-gallon gas later this spring when refiners re-formulate fuel blends for summer driving.

Spokeswoman Perino told CBS News, "Four-dollar gas is still a prediction by some people but not necessarily the forecast of his (the president''s) advisors." She said, "As you know we''ve seen the prediction of $4 gas several years in a row and of course it''s a concern, but the president is most concerned about the current price already being what he considers to be too high."

The energy experts and the Bush advisors were behind the curve, at least on high prices in one part of the country. CBS News affiliate KCBS in San Francisco reports regular is selling for $4.23 at a San Mateo, Calif., service station where premium goes for $4.43.
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by taotxzen February 29, 2008 11:17 AM EST
U.S. Home Foreclosures Jump 90%

By Sharon L. Lynch

Feb. 26 (Bloomberg) -- Bank seizures of U.S. homes almost doubled in January as property owners failed to make higher payments on adjustable-rate mortgages.

Repossessions rose 90 percent to 45,327 last month from the same period a year ago, according to RealtyTrac Inc., a seller of foreclosure statistics that has a database of more than 1 million properties. Total foreclosure filings, which include default and auction notices as well as bank seizures, increased 57 percent.

``The most troubling thing is that we are seeing more and more of these properties actually going all the way through the process and going back to the banks,'''' Rick Sharga, executive vice president of Irvine, California-based RealtyTrac, said.

Defaults among subprime borrowers and those unable to meet rising payments on adjustable-rate loans drove foreclosure filings to the highest since August and the second-highest since RealtyTrac started keeping records three years ago. About $460 billion of adjustable mortgages are scheduled to reset this year, raising minimum payments for borrowers, according to New York- based analysts at Citigroup Inc.

About $190 billion in subprime adjustable mortgages are slated to reset this year, according Mark Zandi, chief economist of Moody''s Economy.com.
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by glossypan February 29, 2008 11:09 AM EST
"...In the north you''ve got the Kurds, and if the Kurds spin loose and join with the Kurds in Turkey, then you threaten the territorial integrity of Turkey."

"It''s a quagmire if you go that far and try to take over Iraq."

"The other thing was casualties. Everyone was impressed with the fact we were able to do our job in the Gulf War with as few casualties as we had. But for the 146 Americans killed in action, and for their families -- it wasn''t a cheap war. And the question for the president, in terms of whether or not we went on to Baghdad, took additional casualties in an effort to get Saddam Hussein, was how many additional dead Americans is Saddam worth?"

"Our judgment was, not very many, and I think we got it right."
Richard Cheney in 1994
** ** **
Now we borrow $275,000,000 every day to fund all the players - Sunnis, Shia, Kurds, Turks - in the Iraq drama scripted by Cheny and Bush with lots of help from John McCain.
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by irishbitch12 February 29, 2008 11:08 AM EST
I am so ashamed to call this fool the president of my Country.God help us all out of the mess this idiot has created!
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