George W Bush bail out plan - Part 1 Sept 24, 2008

[sthpac69]

He,s reading the shit out of that teleprompter

[sthpac69]

And people keep putting this on Obama. Those folks know better, they just want to drop it on the first black pres. This is why Obama is so smooth, because regardless of what people say, he knows he didn't do this country like this.

[sha370z]

the fed gave the bank 9 trillion and more in sep ,oct 2008 .then did in 2009 trillion more

[tugaman1000]

Obama and Bush steal our children and grand children's money to bailout wall street gamblers. I have had enough this FUCKING Government fire ALL the bastards!

[Nstar76]

I want my bailout. If I stop paying my bills or make bad investments will the goverment come to my rescue HELL NO.

I had a credit card making all payments on time with the great company BOA was paying about my amount do on all payments.

They raised my interest rate doubling it. I called about this and quote from the rep I talked to

( YOU DO KNOW ITS A BANKING EMERGENCY)

I canceled and paid off that card.

Cancel all your credit card get out of all banks join Credit Unions instead!!!!!!

[Nstar76]

How is this guy walking around free. He should be in jail for war crimes and destroying america.

I know he wrote a bill to pardon himself. Lets steal from the public to make millions for my buddies before I leave office.

[sha370z]

people said they made $400,000 a year to get the home loan .people had 6 home in five states

no job .people took out home loan on dead people

[freedummy1]

root cause = billionaires

[realworldbycj]

Bush himself right there said "I don't believe in lending money to businesses that have made bad business decisions". Simple, yet contrite. Obama blames Bush for the recession. Bush isn't without blame, but neither is Clinton, or Obama for that matter!

[realworldbycj]

Something Obama never did. It seems to me that Obama came into office during a rather difficult time. But instead of looking at the far distant future of what would happen after...oh...say....20 years or so. He didn't know what to do, so he did what Bush did, bailout. Only like I said, his was to an unconstitutional extreme.

[realworldbycj]

Bush took desperate action. Obama took those same actions to their socialist-extreme! I agree with what Bush said, although at first I was going to say that I strongly disagree with what he did there. But then he began explaining it in detail.

[realworldbycj]

People might be asking, why it was/is that we Conservatives supported Bush's bailout, and not Obama's? Well the answer is simple because Bush's response was simple. Bush only bailed out companies which were struggling, not due to their own decision making, but due to an economy that simply wasn't working properly. Obama bailed out a company/companies that had made bad business decisions, and then fired the CEO of GM. Which he had NO authority to do! Continuing...

[sha370z]

after this they took off and trash the house

[vgcq02]

Bush messed up the economy.

[jons44]

Oh, how the mighty GOP have fallen. This speech, right here, defined the Bush legacy.

It makes me throw up in my mouth to hear Republicans preach about fiscal responsibility today. They try to make it seem like Obama is responsible for this bullshit legislation which is even more disgusting. Worthless Republicans.

[themeaningoflife38]

i think they wanted to delay this until after the election so if Obama won it would happen under his watch but the timing didnt workout right.

Now the right wing fascists try to blame Obama anyway.

Right wing fascists killed JFK and have been in control since then.

[carlh67]

Americans lost over $17 trillion in wealth through the actions of the money grubbing pigs at the top of the pyramid scheme called Planet Earth. Crush the capstone.

"They gettin ready to burn all this and a nigger can't even get a job."

"That's Uncle Sam for ya. Money to burn." - From the movie, "Dead Presidents."

[carlh67]

How true is this? I feel that my country is nothing but a corpse. As a unit our body has received a mortal blow and we simply have not realized that we are yet dead. As of summer 2010 the talking heads cannot figure out if things are bad or worse. And that's with the massaging of data to make us think our entire economy is somewhat stable instead of STILL on the verge of total collapse. Welcome to the New World Order HW spoke of. These criminals always try to blame the consumer.

[sharktrinity]

Don't you love how Bushy conveniently escaped being called "a socialist" and a pushing "a massive government" despite pushing through the most socialist legislation in Western Civ history. By far the largest bail out up to that point in any Western society. Republicans' selectivity on the events of history makes one want to vomit all over themselves.

PS Good call not putting conditions on that bail out too George... very intelligent!

[dyingtodeath]

do you see the pattern here. A crisis is artificially triggered and managed & then the shadow government's point man in the White House delivers dire warnings & rushes through sweeping & unprecedented legislation before anyone can figure it out or rationally analyze its merits. It's a bums rush into their prepared plans for further confiscation of our rights or money.Immediately pass the Patriot Act, Millitary Commissions Act(killing Habeas Corpus), Trillion dollar bail out...or else. Get it?

[justbringit08]

You have got to be F*^%ing kidding me. Bailout the Auto Industry, lots are packed to full capacity as it is. The economy is bad enough where people are not traveling, not spending and to top it off, people are loosing jobs left and right at McDonalds and what does our wonderful government want to do, "help the auto Industry make more cars that people can't and wont purchase.....hmmm

[dumbnut2]

we should smoke him out!lol.remember that shit?what happened to weapons of mass destruction?and now they wanna go against Iran?thats some dumb shit ,the us goverments always startin some thing,different problems every week.whats next?jesus fuckin christ.

[AxRhea88]

I think 'jesus fuckin christ' pretty much sums up the aggrivation the American people still feel.

[entertheziggy]

what the fuck did bush invade Iraq for?

[MrBurgundy76]

because hes a power hungry prick. god i wish someone wouldve killed him.

[raytedr]

with a president like bush who needs terrorists!

[911investigator]

It is economic crisis for the working class.

The global elite central bankers make billions of dollars from this. They create money from nothing and lend it to people and governments. If you can't pay your mortgage they take your house. It's all profit.

This speech is designed to make it confusing and over complicated so people won't see the truth.

[3rd0ptik]

zZZzz.. zZZzz.. uh mmm ur.. sorry I fell asleep.. uhhm.. this sounds like blahh blahh blaah and blaaah.. mmmm.. more of the plan thats all.. I urge everyone to strike for at least 2 weeks.. No american working.. See what happens.. or are you to scrared??? make history people, wake up..

[sinistaspawn]

Yup I agree, WE MUST ACT NOW!!!!!!!!!!! The United States of America is now officially on life support and will die out if we dont act FAST!!!!!!

[NWOinvestigator]

If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.

-

Thomas Jefferson

[Fuchsia]

FUCK that new and improved sugar-coated title!!! It's not a rescue plan unless you're a wall street hot shot! It's a BAILOUT!!!!!

[bucklaw]

Nice Bribe. "I apologize for the mess that we are in. I take responsibility for this problem." My buddies will profit, from this crisis.

[angelfraley]

The people say no. Congress is supposed to represent us. Why is there a question? THE PEOPLE say NO! That is our money....Not the Federal Reserve's (a private greedy hijacking entity)

[jbs4life1]

There are weapons of mass destruction in Iraq too! just say your bailing out your friends

[VioletClub]

What a joke.

Let the market fix itself and give US what we pay for (education, infrastructure, etc.)

[lickapotamus]

"Hey guys, I know I spent all your money on my friends in Iraq over the last 8 years, but I'm about to quit this gig, so could you do me one more favor? I just need like, I don't know ~ $700,000,000,000?"

Hey crackerjacks, how about spending money on our national infastructure and health care?

And you KNOW, their money gets traded out into solid financial instuments before they print off more money and grind the USD to dust for the rest of us to eat.

[shuty0urpiehole]

you can tell someone is telling a lie, their eye brows scrunch together,look at bush eyebrows! just another republican scare tactic, bush is almost out of office dont let him screw up the country even more with this bail out! If a plan is needed it can wait til a new pres is in office, some one who is not out for his own or his rich friends best interest! its bad enough that bush is the head of an oil co. lets give him some more tax breaks and people wonder why gas cost so much wake up people!

[JohnLadas1973]

our government has been hijacked by criminals.

Bush is a dictator and thinks he is a KING

RIP USA 1775-1913

[jbsd3784]

i knew it the day before it had happened we ust leave the usa dont go to the uk

[EraofAwakening]

sounds like more inflation, less dollar value.

[ZetaMan117]

Great job Bush! Drive the US into the ground. Just like you do with everything else. I feel sorry for the American people, having such an idiotic and stupid government.

[dfthompson]

Bush: "Over the past few weeks many Americans have felt anxiety about their finances and their future."

The answer from Bush: "Fuck 'em! Let's save the big boys from the crisis our economic policies created! And let's tell the rubes it's in their interest! He-he-he!"

[dmix09]

so they finally admit it... sounds like he's been rehearsing for months lol

[flashdingo]

lies lies lies . give that money to the american people. then they can pay their morgtages and boost the economy. huge economic boom!!!

[somefodem]

Our capitalist society faces cyclic crisis(20's,70's,now)and during the moments of properity the profits are harnessed by a restrict group.When the economy bursts everybody shares the losses, especially the working class(the gross tax payers).I do not think this is very "democratic".For example,the Iraq war cost 3trillionUSD,shouldn't this have been used in health care,education and other important things for human beings?We should start looking without dogmas to our society and rethink it.

[0nslaught]

wow USA falling into a 3rd world country...shocking

[squarepusher2]

He seems more serious than usual.

Somehow, I get the idea he has been playing us for a fool. I know he's a puppet of greater powers (the Rockefellers/Rothschild), but perhaps this guy was not as dumb as he was purporting to be.

You know, kind of like the president in 24 Season 5, that played a very weak and sniveling president, but actually was a ruthless, conniving, terrorism-enabling bastard.

[Drew96Drew]

well, our country has to do something. Inherently it's hard for me to think that allowing failing businesses to be bailed out is the solution, the free market takes out the weak parts, which these businesses are, maybe our country needs to suffer some before it can rise again, and in doing learn it's lessons of financial responsiblity, putting ourselves into greater debt with 700 billion dollars doesn't seem right to me. Now is a time for us as Americans to come together and save/spend/act wise

[MonarcaDeLaMusika]

god help us all

this is complete chaos

and whos it going to affecT?

US

everyone that is not a millionaire

[ukrainesergei999]

Ron Paul Bob Barr

[ghosty426]

Keep giving tax breaks to the Corporations that outsource. The jobs keep going away. There is a Holy place in Hell for war profiteers and traitors to the meek.

[jsbarbee]

Where was the part about when we apprehend the perpetrators and dole out proper justice? How do you fix the problem when the institutions we're saving are run by the same crooks that brought us to this point? The best long-term solution is to allow the crash to bottom out on its own. Then, citizens would finally get angry enough to build an honest system from the ashes of the old, corrupt one.

[shiboonies]

The new WMD... act now, there is no time to think.

[EyEnOtgAy]

commenting on youtube isnt doing anything

[jimoneychrist]

problem - reaction - solution

[piestrak]

liar liar your pants are on fire

[theriverstone2345]

thank you. i didn't get to see all of it.

[videocmmtr]

How is it that this guy has even one shred of credibility left. He is a lame duck disgrace that will hopefully disappear off the world stage within a couple of months unless he can ramp up this crisis or another and calls for suspended elections god forbid. Shouldn't his rich fat cat cronies feel some of the financial pain everyone else has? How about using the money to pay mortgages or provide healthcare for all Americans? Oh I see, it's socialism unless it's the rich who's subsidized.

[rambaseball45]

yeah this bail out plan will either make or break presient bush for good. if it works he wont be hated AS much. if it fails, nooone will like him