Comments on: Bush: No Gov't Takeovers Via Bailout

Reassures Business Leaders That Feds Will Not Control Private Companies Through Purchase Of Stock With Public Money

[inventagod2]

And you know -

Bu$h has NEVER Lied to you before....

(In secret Bu$hWorld, if he says it, it is reverse...)

[brianbwb-2009]

So we will put up money that would normally give people controlling interest, but Bush rules that the law, principles of capitalism, and ethics does not apply.

Here it is, blatant theft of taxpayers money by Bush and his friends.

And you neocons cry about socialism, while accepting outright fascism.

[antoniof123]

Thank God this administraton will be out in a few months and then Obama''s administration will be in and we can start to clean up this mess.

[misha128-2009]

More money from the Bush Administration to support the salaries and golden parachutes and expensive retreats of the bankers that failed to adequately manage their businesses. While apparently deliberately handcuffing federal regulators to control expenses and operations increasing the possibility of massive losses to the taxpayer as these companies continue their expensive perks and incompetent management policies. Exactly the same policy McCain supports with his purchase of Mortgages at face value instead of current reasonable value as required in the bailout bill to prevent the creation of moral hazard.

[walt1944-2009]

The Great Emperor Bush II has babbled before the media and, as anticipated, Wall Street has taken a nose-dive!!!

Among the babblings from the Great Emperor was the announcement that he believed that the use of federal money to bail out financial institutions, and allow corporate executives to maintain their lifestyles, was NOT, in his view, a "nationalization" of the financial industry. This, however, is not the way true "conservatives" and 90% of the citizens of the USSA see it!

However, as we all know, its not what people think, but what the Great Emperor Bush II thinks(???!!!) that counts!

As usual, the Great Emperor Bush told the media that the government (meaning HIM!) was taking the right course, but that the recovery would be "slow" which would allow for the continued disintegration of the middle class, the increase in the ranks of the poor and the continuation of keeping the wealth at the TOP for the next 4 months at least, that is, until Obama becomes Great Emperor and starts taxing the rich!

SIG HEIL, I''M NOT NATIONALIZING ANYTHING, JUST KEEPING THE RICH, RICH!!!!, BUSH!!!
sig heil, I MESSED UP, BUT I''M NOT APOLOGIZING FOR ANYTHING!!!, McBush!!!
sig heil, THE REPORT MEANS I''M NOT GUILTY OF ANYTHING, NO MATTER WHAT IT SAYS!!!, Palin!!!

[mwhc1]

why do we let him speak - and does anyone here really trust this guy. you have to agree... he''s just saying what is in front of him, he really does not understand, it''s kinda sad. oh by the way, mccain does not understand either. he even said so. that is real sad.

[wilmojo1]

Again our Gov''t has dropped the ball and fumbled badly. It should have done this over three years ago when the turn-down started hurting the people. With inflation at or near double digits and the price of energy through the roof. And our president wants us to wait for an improvement. The best thing for him to do is resign. But don''t hold your breath waiting for that to happen. The help comes to most people as too little, too late, to help them weather the storm created by wall street and the profit taking special interests in Washington.

[zykracosmos]

I''ll forego seeing Bush''s pep talk today and go see the Stone movie instead.

[ubrew12]

"The government intervention is not a government takeover," Mr. Bush said. "Its purpose is not to weaken the free market; it is to preserve the free market."

Bush just doubled the national debt. To anyone under 35, the free market is now where you go to get spanked to pay for your elders government services during the Reagan/Bush years.

But no, no bank takeovers. Can''t stop the capitalists from their next hostage-taking.

[usclimey]

This guy looks vaguely familiar. Who is he again?

Posted by gthc1

He''s Barbara Streisand''s son-in-law; James Brolin.

[cbsblogger]

The outrage of it all. Bush says to Wall St, you guys screwed it up and taxpayers will pay for it.

The CEO of any bank or financial company that receives government bailout/recovery funds should be fired, and then blacklisted and barred from ever being a CEO or excecutive of any company that has received government bailout money.

[oscarez]

Bush''s little smirk is gone. I guess he understands that he will be remembered as the worst US president ever.

[oscarez]

"government took partial ownership of private companies and banks, such as during the savings & loan collapse"

Good old Reagan screwed the tax payer so Bush, trying so hard to be Reagan, does the same but this time its the banks. Don''t you just love the Grand Old Party?

[armydog2]

bush on tv, watch mccain''s numbers drop. Actually he should be a stand up comedian. He was quite funny on Lettereman and at that charity event.

[lorrieann51]

Hey, here is an even better one - yesterday, some moron from Iraq said that the oil is best for everybody at $100 per barrel and he is one of the ones who is starting to talk about lowering the oil output with OPEC. And I thought we saved the world from Saddam and were going to have lower prices without Saddam and yada, yada, yada. What a moron. I guess this is how the "shrub" will continue to bankrupt this country.....

[oscarez]

The CEO''s and CFO''s of these companies do not won''t the FED to tell them how much they can steal for the stockholders. Bush will be one of these guys in January.

[jon_mccain]

Once upon a time, Bill Clinton wanted to invest SS surpluses into the stock market. The government would have done the investing as opposed to privatization where the individual invests. The Republican Congress blocked him from doing this because that would give the government to much control over private companies and the markets. My how times have changed.

[gthc1]

This guy looks vaguely familiar. Who is he again?

[sst01]

should have had Bill Murray do it,

IT JUST DOESN''T MATTER!
IT JUST DOESN''T MATTER!

[slim1h2o]

Bushes speech;

Rah! Rah!,, Go all the way.....

Rah! Rah! Tank all the way.....

Rah! Rah! My work is almost done!

BTW, anyone seen my Lear Jet?