Bush's Address to Nation on Economic Meltdown

[johnnyohness]

THIS FOOL IS THE REASON WE ARE IN THIS TERRIBLE ECONOMY. WHY IN HELL DID THIS COUNTRY ELECT MORE REPUBLICANS IN THE CONGRESS.

YOU TUBE SEARCH=ALEC AMERICAN LEGISLATIVE COUNCIL. BUSH IS PART OF THIS TERRIBLE GROUP INFESTING OUR STATE GOVERNMENTS

[rkosie]

So in what loyalty does Bush's Portfolio lie? If you notice EVERYBODY who is for this 700billion dollar dumbshit is a rich guy who is about to be "A LITTLE" less rich. In comparison we are going to pay. Don't be fooled, it will pass next time unless you KEEP ON THE PRESSURE. Fuck wallstreet. Money counting assholes. Sorry BOYS recess is over time to go back to fucking work and retake this country. Man I hate Bush.

[deldelgary]

Follow the money. Average Joes and Janes are not the holders of the other side of complicated, over-the-counter derivatives contracts. Rather, hedge funds are the main holders. The bailout will involve a transfer of wealth — from the American people to financial institutions engaging in reckless speculation — that will be the greatest in history.

[deldelgary]

Do not be fooled. The $700 billion (ultimately $1 trillion or more) bailout is not predominantly for mortgages and homeowners. Instead, the bailout is for mortgage-backed securities. In fact, some versions of these instruments are imaginary derivatives. These claims overlap on the same types of mortgages. Many financial institutions wrote claims over the same mortgages, and these are the majority of claims that have "gone bad."

[deldelgary]

The government should not intervene. It should leave overleveraged financial institutions to default on their derivatives obligations and, if necessary, file for bankruptcy. Much of the crisis has arisen from miscalculating the risks involved in a large book of positions in these derivatives. It is only logical that these institutions pay for their poor management.

[deldelgary]

Let financial institutions fail, merge or be bought out. The faltering institutions will see their shares devalued and will be likely to be taken over by stronger institutions — as has already started happening. This consolidation of the financial sector is both efficient and inevitable; government action can only delay the adjustment.

The government should not intervene.

[jeeze]

I want to piss on his face so, so, so bad.

[elcompay]

Thanks that the BAIL OUT didn´t pass through congress...it could be the largest stealing in the history of the united states ..bush wanted to go out from the white house with all your money people ...

[sexyrene008]

FUCKING MONKEY

[robbery525]

Bush is a smart dude. You have to be smart to become prez if u think about it. Im not sayin I'm for him or like him, but im sayin hes not a total dumbass lol. Graduate from Yale i believe it was.

[648436]

yah ur right

[thecloudswillattack]

fuck you bush i hope you get assassinated

[648436]

thats fucked up you shouldnt wish death upon anyone!!!

[thecloudswillattack]

well your a pussy

[mojogael]

More fear tactics to the american people so they will bail out a bunch of greedy corporate elitists. They continue to be treated like idiots.

[Celestecles]

-Aaaand... who's been the President for the past 8 years?!

TAB: $700 BILLION

"Um.. can you get that? Do you mind?"-BUSH

"YES, WE FU**ING DO MIND!" -the PEOPLE

You think he'll help pay off this debt with the money that's gonna be made from the new W. movie by Oliver Stone (out soon)

Protest at the Theatres!

"WAR CRIMINAL!!!!!!!!!!!!!!!"

We Will Survive

GOD BLESS (the real) AMERICA!

[ktokyo]

isn't this the same dude who said, "Go shopping, America!" after 9/11?

[rgkrenkel]

"My name is George W. Bush and I'm retarded. Also, lucky, but still retarded and so are the people who voted for me twice!"

[xDisruptor]

Bush is only providing an extra heroin shot to an heroin addict. The solution to the problem is not to provide the extra shot it's to see the reasons that lead the economy to this repugnant state. And the reason is two-prone: Deregulation and the removal of provisions from the educational system to transform an ignorant child to a mature citizen, well-informed about how the economic/monetary system works and what dark corners to avoid in it. This is sad.

[adyming]

Liar! Steal from the poor, give to the rich!

[MooseOfReason]

Robin da Hood.