Bush: 'I'm Sorry' About the Financial Crisis, page 1
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Topic started on 1-12-2008 @ 04:06 PM by bismarcksea

Bush: 'I'm Sorry' About the Financial Crisis


www.foxnews.com
President Bush is expressing remorse that the global financial crisis has cost jobs and damaged retirement accounts.

The president told ABC's "World News" in an interview that he will support additional federal intervention, if necessary, to ease the recession. The interview will air Monday night.

Bush told the network: "I'm sorry it's happening, of course."

(visit the link for the full news article)


reply posted on 1-12-2008 @ 04:10 PM by ConservativeJack



reply posted on 1-12-2008 @ 04:14 PM by Jenna
reply to post by ConservativeJack



Obama isn't president. He is the president-elect. Bush is still the president until the inauguration.


On topic, saying sorry doesn't fix it and I'm sure he knows that. Once I see something come out of Washington that doesn't involve throwing money at the problem, that we don't have by the way, instead of fixing it then I will believe he's sorry.


reply posted on 1-12-2008 @ 04:15 PM by Bombeni
reply to post by bismarcksea



Not that I care about Bush, but he didn't really cause this. It was greedy-gut financial operatives who allowed every person who applied for a mortgage to get one, even enouraging people to falsify their information. And greedy-gut wall street. The thing is, I don't think we have begun to see the fallout, some economists say the worst is 2-3 years away.


reply posted on 1-12-2008 @ 04:34 PM by Jenna
reply to post by ConservativeJack



Really? Thank you for telling me what my perspective is since I apparently have no clue and you apparently know me better than I do.

And once again, no he is not the president yet. He is the president elect and will remain such until he is sworn into office. Just like Clinton was president until Bush was sworn in. The first president Bush was president until Clinton swore in. Reagan was president until Bush was sworn in. On back through history until you get back to Washington.


reply posted on 1-12-2008 @ 05:00 PM by Jenna
reply to post by ConservativeJack



First, my name isn't Jenny. Don't call me that. Second, I see now that you are trolling.

I apologize to the rest of the posters in this thread for feeding into it. Won't happen again.


reply posted on 1-12-2008 @ 05:22 PM by projectvxn
reply to post by ConservativeJack



You can blame Obama all you want it still doesn't change the fact that he isn't the president yet, and that this economy has been on it's way to this since 1913. Maybe you should educate yourself on the way our political system works and the way the economy works it might help the next time you dump non sense on a thread.


reply posted on 1-12-2008 @ 05:33 PM by Jenna
reply to post by Walkswithfish



I agree. While he certainly isn't blameless for all the mistakes and bad decisions made during the last 8 years, he doesn't really have as much power as some people seem to think a president does. Personally, I put the blame for our failing economy on the shoulders of the corporations that have only been concerned with lining their own pockets a bit more. (Oil companies' record profits anyone?) I put the blame for all the bad decisions and bad policies mostly on Congress though Bush certainly played his part in those.

The people we keep voting into Congress are the primary cause of a lot of our nations problems, in my opinion. Not to mention Bush got voted into office not once, but twice. So really, it could be argued that the whole country is to blame for voting the same people right back into office after they started passing all the legislation they did. Well, maybe not the whole country but at least those who voted for the same people that put us on this road.


reply posted on 1-12-2008 @ 05:53 PM by pluckynoonez
reply to post by bismarcksea



Well, this should throw Sean Hannity's reason for living and manufacturing bumper-stickers out the window.
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