09:19 pm
Live Blogging Dubya on the Bailout
I really don’t want to do this. I’d rather be kicked in the head.
9:02 “Our entire economy is in danger.” And whose fault is that?
9:03 Apparently it’s all about jobs and Americans getting credit
9:03 Bush appears nervous.
9:04 “How did our economy reach this point?” Uh, because you’ve been President for the past eight years. Apparently he’s blaming it on foreigners liking to invest in the United States. Silly foreigners. Too much easy credit led to excesses and bad decisions. Now it’s the lenders fault. Now it’s borrowers fault.
NO NO NO. IT’S YOUR FREAKING FAULT YOU JERK. YOU AND YOUR GANG OF IDIOTS. I can’t take much more of this — I just want to scream at the screen.
9:05 Having Bush explain economics is like having Hu Jintao explain human rights.
9:06 You know, when Bush addressed Congress after 9/11, he demonstrated courage and leadership. He stepped beyond politics and acted like a President. Compare that performance to this one. This isn’t about leadership: it’s all about covering his ass and that of his cronies.
9:07 Oh, it was his decision to intervene? Where has he been for the past week? It was the Ben and Hank show.
9:08 Good to know his capitalist principles are intact at the very moment he’s having the government buy a trillion dollars of crappy mortgages and other bad debt.
9:08 Molly just asked a good question: “Why do I get the sense he’s reading without understanding what he’s reading?”
9:08 “It is difficult to pass a bill that commits so much of taxpayers money.” Uh, could that be because it’s a horribly bad bill?
9:09 Molly says she prefers robot Bush to real Bush — he doesn’t get under her skin as much.
9:10 He outlined something closer to the Dodd plan than the Paulson plan, then said he had introduced the Paulson plan. Does he have any idea what he’s saying. And what’s making that scraping noise?
9:11 He asks how this is going to affect our future at 9:11 pm. Oh the irony.
9:12 I’ll say it again. He looks scared to death.
9:12 McCain talking point: 21st Century financial system governed by outdated 20th Century laws.
9:12 He’s really talking up Paulson.
9:13 Heh — Democratic capitalism — yep, that’s exactly what we need you sad sick excuse for a leader.
9:13 Blame it on partisanship. Of course. “In times of trial,” we have real leaders. No we don’t — we have him.
Okay, that was absolutely nothing new. No leadership, no new ideas, no reassurance. He wasn’t presidential — and he has failed this country tonight just as he has over the past seven years. As Chris Dodd just said on MSNBC, bad behavior and predatory lending that was left unchecked by federal regulators for far too long. The Administration didn’t do its job and now we’re paying the price.