Bush warns 'entire economy is in danger'
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  1. 09-25-2008, 01:21 PM #1
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    Angry Bush warns 'entire economy is in danger'

    Quote Originally Posted by ABC7
    WASHINGTON (AP) - In a televised address, President Bush has warned that the "entire economy is in danger" if a 700-billion dollar plan to rescue shaky financial firms isn't approved quickly.

    Bush warned that failure to act could result in wiped-out retirement savings, rising home foreclosures, lost jobs and closed businesses. He also said there could be "financial panic" if the crisis isn't solved.

    Bush stressed that he was reluctant to put taxpayer money on the line to help businesses that had made bad decisions and that the rescue is not aimed at saving individual companies.


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  2. 09-25-2008, 01:37 PM #2
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    Re: Bush warns 'entire economy is in danger'

    My prediction: The Republicans will be in power when the next 1929-like depression hits this country. The Republicans were also in power during the Great Depression of 1929. :?
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  3. 09-25-2008, 01:44 PM #3
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    Re: Bush warns 'entire economy is in danger'

    The worst president this country has seen since Carter. Good riddance W.
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