Comments on: Bush: U.S. Will Work With Others On Crisis

Pledges Global Response To Credit Crunch After Meeting With Finance Ministers

[mijoka]

ONCE AGAIN THE ENTIRE WORLD MUST PAY THE BILL FOR THE MOST CORRUPTED PRESIDENT EVER

[tacitus27]

Hey W. ****! Every time you open your mouth, the market drops some more when investors hear the pathetic drivel that you are spouting. Can you please ask your daddy to round up some adults to pull your backside out of this mess so that maybe the country can survive?

[maggietexas4]

I cringe when I think of Bush representing us at this financial meeting with world leaders. It is embarassing but then I think of possibly Palin in the meeting and Bush doesn''t seem so bad. It would be even scarier to have a President Palin in these troubled times. We need smart educated leaders representing the USA in these meetings. . . .like Obama/Biden. I get sick when I think that some people vote for the person they want to have a beer with. I vote for who I want in a meeting with world financial leaders.

[wheear]

The bottom line is that President Bush and his failed econmic plans are the reason that McCain/Palin will lose this election. Years back when this started spinning out of control it was clear that we were on the wrong course. Bush could have redirected things when gas began climbing over two dollars a gallon. He was silent. Almost a year ago when mortgages began failing, there were clear signs that something needed to be done and he was silent. 4000 lost lives later, we are still in a war with no end in sight. Thousands have been laid off. Tax breaks were given to companies who sent jobs over seas. Bush was silent and so was the nation. As long as the lower and lower middle class were the only ones suffering and losing, no one cared. Now that it is clear that everyone is in financial pain, now we have a problem. There is no justification for waitng this long to fix the housing mess. It is the crux of a national crisis. Trillions of lost dollars later, the United States is still trying to decide how to fix it. What a mess.

[brianbwb-2009]

"Which is the real comedy show?" Posted by nomav

I have been depending on "mainstream journalism" for my dose of comedy relief for years, and they haven''t let me down yet.

See, when you tell me beforehand that it is comedy, there is an instinct to try to resist the laugh, but print and broadcast journalism purport to deliver valid journalism while spewing opinion as fact, I find this to be side-splitting humor that the comedy channels can only abstract.

[mtminds]

Bush and Midas are very similar in opposite ways.

Despite Palin''s obvious lack of credentials to be qualified to get anywhere near the White House, she still is more qualified than the current president, GW Bush. And she and Cheney have a lot in common, they both refer to themselves as a bulldog or a pit bull dog, but her lipstick doesn''t make her growling lying face any less bearable. So if she claims to be a pit bull, why is it wrong to call a spade a spade and call her a B*tch?

[brianbwb-2009]

"It was the meltdown of the subprime mortgage market with cascading defaults that triggered the start of the credit crisis in the United States in August 2007."

This is false, the trigger was the realization that financial services firms were far over their heads in credit default swaps, and thus easy targets for collateral calls that would essentially drive them out of competition.

Subprimes were only a small part of the debt, but as usual, the poor were blamed for it, as they cannot afford the voice to call out the liars using the poor as an excuse for their corruption.

[brianbwb-2009]

Governments that guarantee deposits without holding the banks'' senior management personally responsible for the loss of those deposits are basically giving the banks carte blanche to steal all they can.

Such a plan will not work, and will destroy any economy that does it.

The G8 has refused to guarantee loans, that is a start, now they need to refuse to guarantee stock market investments, if the consensus is to continue the illusion of "free markets", then the only logical move is to let corrupt firms fail.

[hotpaulie]

It''s too bad he had to let this country go to h e l l before he looks for others who are more qualified for help.

[mominmaine]

ugh. what a mess this man has made of the world. he''s got to go down as worst president ever. really.

[gonesouthern]

On Friday, Paulson announced the Treasury would begin buying part ownership in American banks, the first time the government has taken such action since the Depression of the 1930s.

Now if the Government would nationalize the oil companies they could pay for this mess up front.

[saintpeterii]

Goerge W Bush is a failed businessman and now is a failed president and has zero creditability domestically or internationally. The only place where his voice is welcome is in the tents of the religious fundamentalists and, only then when he is speaking in tongues. His family was prominent in the S&L Crisis I, he is a central figure in S&L Crisis II and unless more insight is shown at the present time we can expect some Bush or another to figure in S&L Crisis III. See Uncle Sam at the Spank Of America doing a new kind of investing. http://www.saintpeterii.com