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President Bush Addresses Nation on Economic Crisis

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Uploaded by on Sep 25, 2008

President Bush national address, September 24, 2008

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  • This speech should be required viewing for history classes, it is a pivotal economic moment in American history. And historians should ask... why did this speech occur on Sept 24th 2008 and not earier, much earlier? You know president Bush didn't wake up that morning and have his economic advisers tell him there is a problem. Maybe they were hoping the problem would go away but something tells me they waited until the last months of his presidency before dropping this bombshell.

  • A long and painful recession. He finally told the truth. However, it was too late by this time. This happened on his watch. CEO's did get a windfall, banks received a windfall, and Bush himself will be fine with money he receives for a lifetime by the American people.

    Half lies, half truth. He was in office 8 years and it was the norm. We should have known.

  • the gov put 700 billion on the line . the Fed put 9 trillion on the line information

    got out

  • he said we think people going to pay there home loans

  • @Frenchyification dotCom bubble burst also.

  • Listening to this guy makes me sick. He caused this mess by drawing 9/11 & lunching 2 wars on Muslims. All that for his his Isreali masters.

  • A criminal con-man for president.......in every sense of the term. It's impossible to describe how evil this man is and just how bad that he and his henchmen left this nation in their wake! The devil incarnate.....and without a doubt the worst president in the history of this nation. What this president perpetrated on the American people will take decades to correct if it is able to be corrected at all. I'll celebrate on the day that this man dies.

  • 2009 was the aftershock

  • @DGS1954

    The problem started with the Community Reinvestement Act under Carter, so shut the hell up.

  • @AtlasShruggery The 2001 Recession had nothing to do with the Bush -or Clinton- administrations. It was due to the Federal Reserve's reckless inflationary policies and its set-up of equity bubbles that happened to burst in the early Bush years.

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