Reactions to story from The White House
President Bush Discusses the Economy
http://www.whitehouse.gov/ news/ releases/ 2008/ 10/ 20081010.html
President Bush on Friday said, "Over the past few days, we have witnessed a startling drop in the stock market -- much of it driven by uncertainty and fear. This has been a deeply unsettling period for the American people. Many of our citizens have
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Mouths sputtering, heads exploding
http://lefti.blogspot.com/2008_10_01_archive.html#9220711873...Over lunch I heard not one but two different news people, Kyra Philips on CNN and Brit Hume on FOX News, say virtually the same thing when the subject of the "nationalization" of banks came up: "But...but...we're capitalists! How can we do
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Were All Disco Dancers Now
http://right-thinking.com/index.php/weblog/comments/were_all...Does Bushs speech today remind anyone of Carters malaise speech? Tell me which quote is from which speech without peeking. Quote 1: I want to talk to you right now about a fundamental threat to American democracy. I do not mean our political and civil
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Stock market drops 107 points during Bushs speech on the economy.
http://thinkprogress.org/2008/10/10/stock-drop-bush/Stock market drops 107 points during Bushs speech on the economy. By Amanda Terkel at 2:45 pm Stock market drops 107 points during Bushs speech on the economy. Today, President Bush gave an eight-minute speech on the economy, which was meant to reassure
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Bush: Don't Panic! At Least Not This Week, Anyway
http://www.reason.com/blog/show/129399.htmlFrom President George W. Bush's speech today about the economy: Over the past few days, we have witnessed a startling drop in the stock market -- much of it driven by uncertainty and fear.... This uncertainty has led to anxiety among our people. And
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http://www.alternet.org/module/email/?storyID=102515&type=bl...
Got a tip for a post?: Email us | Anonymous form Get Corporate Accountability and WorkPlace in your mailbox! Stock Market Drops 107 Points During Bush's Speech on the Economy Posted by Amanda Terkel, Think Progress on October 10, 2008 at 1:46 PM. Today, President Bush gave an eight-minute speech on the economy, which was meant to reassure the markets. "This is an anxious time," said Bush. "But the American people can be confident in our economic future." However, ABC News notes that during those eight minutes, the Dow Jones dropped another 107 points. The Dow was down 78.70 at the beginning of Bush's address, but at 185.66 by the end. AlterNet Home » Post Tools:
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http://www.alternet.org/module/email/?storyID=102515&type=bl...
Got a tip for a post?: Email us | Anonymous form Get PEEK in your mailbox! Stock Market Drops 107 Points During Bush's Speech on the Economy Posted by Amanda Terkel, Think Progress on October 10, 2008 at 1:46 PM. Today, President Bush gave an eight-minute speech on the economy, which was meant to reassure the markets. "This is an anxious time," said Bush. "But the American people can be confident in our economic future." However, ABC News notes that during those eight minutes, the Dow Jones dropped another 107 points. The Dow was down 78.70 at the beginning of Bush's address, but at 185.66 by the end. AlterNet Home » Post Tools:
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Bush ska fixa krisen
http://vansterekonomi.blogspot.com/2008/10/bush-ska-fixa-kri...USA-ledaren George W Bush försökte igår dämpa den upprörda stämningen i USA: "Detta är en bekymmersam tid, men USA:s folk kan lita på vår ekonomiska framtid. Vi vet vilka problemen är, vi har de verktyg som vi behöver för att fixa dem, och vi arbetar skyndsamt för att göra detta". Detta sagt av samma person som motiverade det blodiga Irakkriget med att den dåvarande irakiska regimen "hotar freden med massmördarvapen". ------------ Bloggat: Alliansfritt om piratjakt, Paolo Pissoffi om palestinafrågan i USA:s presidentval, Claes Krantz om kaos inom oppositionen, Syrran om liberal feminism, Jinge om förbön för Volvo, Radar om det "isländska undret", Motvallsbloggen vill att Mona Sahlin ska bytas ut, Björnbrum om narcissister som blir ledare, Trotten om fackliga protester mot (s), Kildén & Åsman om Wall Street, pyramidspel och Volvo.
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Paulson: U.S. to buy stock of troubled banks
http://www.tradelending.org/loan-trade/paulson-us-to-buy-sto...U.S. Treasury Secretary Henry Paulson says the government will begin buying equity shares in troubled banking and financial companies for the first time since the Great Depression of the 1930s, AP reports. Paulson The authority is part of the 0 billion bailout package passed by Congress. “As we develop plans to purchase equity … we are working to develop a standardized program that is open to a broad array of financial institutions,” Paulson said in a statement. The announcement came after another wild ride on Wall Street Friday. Stocks plunged below the 8,000-point line, bounced into positive territory and finally closing at 8,451, a 128-point end-of-day loss. CLICK HERE for latest market news! NY Stock Exchange President George W. Bush, speaking after markets opened, urged calm in comments that focused on efforts to address problems. “Anxiety can feed anxiety, and that can make it hard to see all that is being done to solve the problem.,” Bush said in a White House talk. International finance leaders were meeting in Washington to address the global crisis. Wall Street’s modest fall came after Japan’s Nikkei 250 Index lost 9.5% and London’s FTSE index sank 6.5%. In other meltdown news: Wall Street plunges, continuing devastating losses Wall Street fear gauge rises to record high again European markets plunge again; Nikkei plummets August trade deficit falls to .1B Oil plummets below on global slowdown fears O.C. firm getting slice of of bailout billions What to do with your money … VOTE: ‘Did media miss the financial crisis?’ O.C. economist: Time to start buying good stocks Credit expert: Fed rate cut won’t help consumers O.C. investment experts say don’t buy yet — but get ready Yikes! What do I do with my money now? Should I bail on my 401(k)? Is my savings safe in my bank?
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We Have The Pooooower!
http://fucktheusa.info/blog/?p=97Dubya: Here's what the American people need to know: that the United States government is acting; we will continue to act to resolve this crisis and restore stability to our markets. We are a prosperous nation with immense resources and a wide range of tools at our disposal. We're using these tools aggressively. [...] We know what the problems are, we have the tools we need to fix them, and we're working swiftly to do so. So much (again) for letting well enough alone and letting the Free MarketTM work its ineluctable magic. But doesn't that last sentence remind you a bit of Rumsfeld's infamous "points of the compass" declaration? If you think -- let me take that, both pieces -- the area in the south and the west and the north that coalition forces control is substantial. It happens not to be the area where weapons of mass destruction were dispersed. We know where they are. They're in the area around Tikrit and Baghdad and east, west, south and north somewhat.
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Stock market drops 107 points during Bush’s speech on the economy.
http://thinkprogress.org/2008/10/10/stock-drop-bush/Today, President Bush gave an eight-minute speech on the economy, which was meant to reassure the markets. “This is an anxious time,” said Bush. “But the American people can be confident in our economic future.” However, ABC News notes that during those eight minutes, the Dow Jones dropped another 107 points. The Dow was down 78.70 at the beginning of Bush’s address, but at 185.66 by the end.
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