Tuesday, July 15, 2008
"Put the blame squarely where it belongs."
WASHINGTON — July 15, 2008 -- President Bush said the nation's troubled financial system is "basically sound" and urged lawmakers to quickly enact legislation to prop up mortgage giants Fannie Mae and Freddie Mac. Then he called on the Democratic-run Congress [actually blamed the Democratic-run Congress] to follow his example and lift a ban on offshore drilling to help increase domestic oil production.
About drilling, he said: "I readily concede it won't produce a barrel of oil tomorrow, but it will reverse the psychology."
About the two troubled mortgage companies, he said: "I don't think the government ought to be involved in bailing out companies.
About soaring gas prices, the toughest real estate market in decades, falling home prices and financing that's harder to come by, he said: "It's been a difficult time for many American families, but the nation's economy continues to grow, even if slowly."
Danz View: George Walker Bush needs to be committed - he has lost all touch with reality. That is apparent when one reads or listens to his remarks about Iraq, war in general, the fiscal and economic disaster we face today, or the price of tea in China.
He is out of touch and the GOP will pay a huge, huge price in November, as well they should.
Of course he and his family and the families of his rich pals (like Cheney) are all fat, dumb and happy counting their billions earned off the two wars and blood of of 4,500 Americans killed in action ...
So, of course they don't feel any pain, but they should. Pain from sitting in a witness box under oath, and if needed, "water boarded" to urge them along and help keep us safe (to use Bush's own words).
SWAG: "Mr. President, you're doing one heckofa job, one heckofa job."
at 1:09 PM