Pres. Bush s finanical crisis

Chevy57

Chevy57

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Breaking news today:

President Bush on Wednesday warned Americans and lawmakers reluctant to pass a $700 billion financial rescue plan that failing to act fast risks wiping out retirement savings, rising foreclosures, lost jobs and closed businesses. "Our entire economy is in danger," he said.

Bush: Bailout plan necessary to deal with crisis - CNN.com
 
George W. Stupid can kiss my ass. He got a HARVARD MBA degree and he cant even add 2 + 2 = 5 to save his own ass :P.

Nixon is sure lauffing in his grave 'cause Dumbya just displaced him as the Worst. President. Ever. He sure made Tricky Dick look like a liberal :rofl:
 
He bankrupt several corporations under his tenure.

Now he is bankrupting America....
 
Is this plan like putting band aids on a bad foundation, and hope the financial house of cards continue a little longer?
 
Nixon was actually a good president. He just didnt have a few ethnics attatched so to speak :)
 
America has changed, War has changed, everything has changed. The world is coming to a end. We are all in crisis.
 
Nathan said:
America has changed, War has changed, everything has changed. The world is coming to a end. We are all in crisis.
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Irreversible. That's the problem. They will keep goin' until there's no point of return.
 
Well I might as well put my 2 cents worth in.

We are in a crisis due to inflation. We used to have a large money flow banks were lending out money left and right under a false sense of security. Now the housing industry is going down people are foreclosing and the homes are no where worth what it used to be. So the banks are losing money.
And the spending on wars is not helping either.

I don't know how the governments can help but with all the buyouts it will give them way too much control.

Recession? We will go into a depression before it is over with.

All we can do is hope and see what the final decision will be.

Right now I don't see any solutions to really bail the companies out from either parties.
 
Nathan said:
Exactly, point of no return. So it's true about 2012...
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It's not goin' to be that very long. Wonderin' what American civilians are goin' to do when it comes ? I would imagine there's goin' to be civil war. If, that happens, I will flee to the mountains.
 
What the heck is this about, "point of no return"?
 
Maria said:
It's not goin' to be that very long. Wonderin' what American civilians are goin' to do when it comes ? I would imagine there's goin' to be civil war. If, that happens, I will flee to the mountains.
Click to expand...

Florida has mountains? :lol:
 
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