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Cutey with a booty

Why is Bush so silent on the economy? He's still the President, no? What should he do right now?

Bush still has 60 days left in office. He is still the President. What is he doing today to make this country better?
Custom:

After saying there is nothing wrong with the economy and all he has done to destroy the country I hope he just keeps quiet. Have you noted AChoi that each time he or Paulson speaks the stock market takes a dive down. They have feed $250 bn of borrowed money to their big bank friends and if you calculate well the past thirty days most of that has been lost in bank market cap according to financial data. Look up the shares outstanding of Citi & BOA and see how the valuation has dropped relative to the cash loaned to them in 30 days.
He should call a moving van!

Ginger:

He pops up to make a speech occasionally; but he offers no solutions or suggestions. He merely tells us what we already know. Remember, he can niether enact laws or appropriate money. He signed off on Paulsons bailout plan, but that has gone nowhere, Perhaps the next administration will make better use of the remaining $350 billion.

Cutey with a booty:

I disagree. Paulson is his Secretary of Treasury, so he can talk to Paulson and get Paulson to do more. You make it sound like Paulson is completely independent from Bush when in fact he works for Bush.

Ginger:

Paulson has essentially given up. He isn't even asking congress for the other $350 billion. He has decided to leave it for the next administration and congress to decide.


Yes, he works for Bush, He is Bush's economy expert. If he doesn't know what to do, then you surely cannot rely on Bush. They are leaving this mess for next crew. That is why Wall Street is so anxiously waiting to hear who will be the next Secretary of the Treasury.

Cutey with a booty:

Given up? They still have 60 days!!! If they are giving up, they should resign right now! The critical Christmas season must be saved at all cost or else.. I don't want to think.

Ginger:

They are doing nothing. They have not done anything for quite awhile. They spent $300 billion and have since done nothing.

There is not much now that could save the retailers Christmas season. Two thirds of their annual profits usually come in the last 2 months. Not this year. I have bought put options on several retailers.Put options increase in value as the stock price goes down. Hopefully I will get back some of the assets that I have lost.

Ginger:

Breaking news: Geithner named Obama's Secretary of Treasury and Richardson for Commerce. Market has turned up.

BUT, probably will not help the retailers.

Cutey with a booty:

CNN analysts agree someone has to speak up about economy RIGHT NOW!
http://www.cnn.com/2008/POLITICS/11/21/obama.bush.economy/index.html

Ginger:

And you and I agree also. It just looks like it is not going to happen. Hope I'm wrong.

Mogle:

It's not Bush's fault. Darn if he does and darm if he doesn't. I don't blame him now. If things look up.. and they will, he won't get credit for it and if things go bad he'll be blamed for it. I feel sorry for him. I think we have all been very hard on him. Hind sight is 20/20 and I'd love to have seen how the democrats would have handled everything, if they were in office the last 4 years. I am sure we would have been in a bigger mess. Almost everything that has happended during Bush's tenure has stemmed from 911.That's just my opinion. I am so sick of hearing everyone dogging President Bush.

Cutey with a booty:

I don't care if it's his fault. I am talking about the need to do something regardless of whose fault! Why are you so focused on fault assignment? Our country is in deep doo-doo and we don't have time to point fingers!

Porkenstein AKA Pork, Porky, Porkens:

So what would you have him do, exactly?

MisterGZ:

He's mentally checked out a long time ago. The one who's roaming the White House right now is only his shell. Bush is not a bad person, just not a good president and his time to try to make the country better has long gone.

Porkenstein AKA Pork, Porky, Porkens:

Hasn't the Government done enough already? We don't need more of that kind of help.

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