[Rhodes22-list] Bush Speech

[Brad Haslett]

Rob,

Have you ever been evaluated for ADHD?  Have you read any of the
in-depth analysis I've posted the last week? Are you aware that Bush
43 is not up for re-election?

Just asking.

Brad

On Thu, Sep 25, 2008 at 8:13 AM, Lowe, Rob <rlowe at vt.edu> wrote:
> Brad,
> That pretty much sums it up.  What he failed to say was that he was
> apologizing for 7 years of failed policies that created this mess in the
> first place and that he was trying to save his legacy by having the
> taxpayers bail his ass out of trouble.  Now if he had said that, I'd
> probably consider going along with his plan.  But wait, $700B spread
> among 300M citizens is only around $2300 a person, why not just ask
> everyone to pony up their share?
>
>
> -----Original Message-----
> From: rhodes22-list-bounces at rhodes22.org
> [mailto:rhodes22-list-bounces at rhodes22.org] On Behalf Of Brad Haslett
> Sent: Wednesday, September 24, 2008 9:46 PM
> To: The Rhodes 22 Email List
> Subject: [Rhodes22-list] Bush Speech
>
> I truly hope SOMETHING gets passed so the loan on the house I'm
> selling closes on schedule next week (Tip O'neil said it best - all
> politics is local).  Here's one summary of the Presidents speech.
> Brad
>
> ---------------
>
> Bush: Congress Must Act to Save Stupid People
>
> Posted By Scott Ott On September 24, 2008 @ 10:41 am In Business, U.S.
> News |
>
> (2008-09-24) - The foundation of the U.S. economy could crumble,
> President George Bush said today, if Congress fails to approve a U.S.
> Treasury plan to take over foundering financial firms, a proposal
> which the president called "a much-needed 21st-century civil rights
> act for stupid people."
>
> "To sustain this shining city on a hill," Mr. Bush said, "we need to
> rescue the ignorant, irresponsible folks - from Wall Street to Capitol
> Hill to Main Street - who got us to where we are today. We must
> guarantee that no American suffers the soft bigotry of being forced to
> live with the consequences of his bad decisions."
>
> The president, in remarks to the news media clearly aimed at reluctant
> Republicans in Congress, said, "Our financial system rests on a
> foundation of huge banks, brokerage houses and quasi-governmental
> agencies that followed Washington's lead by gambling on long-shot,
> poorly-collateralized investments. Now this glorious way of life is
> threatened, and we must act to preserve it."
>
> "We need to guarantee that the structures, systems, people and
> products that got us to this point won't be tossed on the ash heap of
> history," said Mr. Bush. "If these giant companies fail, then America
> will be left with nothing but thousands of small to mid-sized
> financial firms that made prudent investment decisions during the past
> 15 years."
>
> The president added that, "Americans value the liberty they have to
> buy homes they can't afford, to invest in securities backed by nothing
> but hope, and to draw six- and seven-figure salaries based on the
> courage to risk taxpayer dollars on deals that even the dealmakers
> don't understand."
>
> "It is a moral imperative that we guard the civil rights of these
> idiots," he said. "If we fail, then we face the specter of free market
> capitalism run amok, and millions of Americans will feel the painful
> lash of personal responsibility across their backs."
>
> __________________________________________________
> To subscribe/unsubscribe or for help with using the mailing list go to
> http://www.rhodes22.org/list
> __________________________________________________
>
> __________________________________________________
> To subscribe/unsubscribe or for help with using the mailing list go to http://www.rhodes22.org/list
> __________________________________________________
>