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Thread: Bush to appear on TV to talk about bailout

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    Default Bush to appear on TV to talk about bailout

    Booga Booga! Don't look at the legislation! Just pass it! Bad things are gonna happen if you don't! Booga Booga!

  2. #2
    LOLocaust Survivor Hannahrain's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    Look at his eyes. He's terrified.

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    Coachella Junkie boarderwoozel3's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    Damn, I missed this. What was the jist it?

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    LOLocaust Survivor Hannahrain's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    He's asking people not to jump ship, mostly financially but also just in general. It was more of a plea than an address.

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    Coachella Junkie boarderwoozel3's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    I see, so something along the lines of: please keep your money in the system so the government doesn't have to replace it. Wonderful.

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    Default Re: Bush to appear on TV to talk about bailout

    Quote Originally Posted by Hannahrain View Post
    Look at his eyes. He's terrified.
    his eyes always freak me out.

    and COST OF EXCESSES INDEED, MR. PRESIDENT!!!!
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    LOLocaust Survivor Hannahrain's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    I see, so something along the lines of please keep your money in the system so the government doesn't have to replace it. Wonderful.
    More along the lines of, "please keep your money in the system, because your money is the system."

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    Coachella Junkie boarderwoozel3's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    What channel was it on? Wait dumb question, probably all of them.

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    Old Gay Guy gaypalmsprings's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    Bush is my homeboy. Write him a blank check.
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    Coachella Junkie boarderwoozel3's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    Quote Originally Posted by Hannahrain View Post
    More along the lines of, "please keep your money in the system, because your money is the system."
    Makes sense.

    I'm throughly enjoying Sean Hannity and Fox News trying to spin this. The republican pundit he has on isn't even taking the bait to rip Obama or the Dems.

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    LOLocaust Survivor Hannahrain's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    Bill Clinton's on Larry King, endorsing Obama but also saying friendly things about McCain and Palin. You know, in case they're watching. He doesn't want to offend anyone to the point where they'll no longer sleep with him.

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    Coachella Junkie boarderwoozel3's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    Quote Originally Posted by Hannahrain View Post
    Bill Clinton's on Larry King, endorsing Obama but also saying friendly things about McCain and Palin. You know, in case they're watching. He doesn't want to offend anyone to the point where they'll no longer sleep with him.
    I caught the first part of Larry King and Bill's interview with John Stewart last night on the daily show.

    As much as I like Bill hindsight is 20/20. Saying seven years ago we should have invested in clean energy instead of the housing market isn't so profound in Sept. 2008.

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    Coachella Junkie boarderwoozel3's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    W looked like he didn't fully understand what he was reading from the teleprompter. Had the confused look going. I really hope he knew what he was talking about. I'm getting tired of being embarrassed and ashamed by my country's president.
    Last edited by boarderwoozel3; 09-24-2008 at 06:19 PM.

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    LOLocaust Survivor Hannahrain's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    I disagree, actually. I think that's probably the most genuine speech I've seen him give. It was short and to the point. No fluff, and no mention of 9/11 or attempt to gain favor, just a plea. And he knew how to pronounce all the words. At this point, I feel bad for him more than anything. He's no criminal mastermind. He's just another person with lousy politics doing a job he's not qualified for. I feel like if you got him alone in a room and asked him about what he's voted for or endorsed during his presidency, he wouldn't have much to tell you without crib notes.



    Also, Bay Buchanan reminds me of Paula Poundstone.

  15. #15
    Coachella Junkie boarderwoozel3's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    Well, after actually watching the whole speech (not just the new blurbs), you're totally right miss palindrome. #43 had the concerened eye brows with a hint of "oh shit" in his eyes. I did appreciate that he gave a no nonsense speech and addressed the issue at hand point by point: 1. We're in a lot of trouble. 2. This how we got in this position. 3. This is what it means to you, the citizen. 4. This is what I'm proposing to get us out of said trouble. 5. This how the plan will work, short and long term. I'm actually pretty pleased with how that went on the whole, I think its the candidness and honesty. Just not used to such novelties from this administration.

    The only part that irks me is the mention of his asking McCain and Obama to return to Washington to meet with him. Of course they're both coming for the meeting but that felt like an unnecessary, politicized comment. It helps set the tone that both should be in Washington to see this crisis through even though at this point both are arriving to the party late and aren't directly involved with the committee who is working on the buyout proposal.
    Last edited by boarderwoozel3; 09-24-2008 at 07:53 PM.

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    Peaceful Oasis TomAz's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    I'm in washington for a conference. While I'm here I think I'll stop by the white house and ask W to pay my mortgage, too.

    I missed the speech but here's the thing. I don't care how sincere or scared or whatever he is. He sold us this panic schtick on Iraq and now he's trying to sell us this other thing with more panic schtick and I don't know why we should believe him.
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    Coachella Junkie boarderwoozel3's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    Quote Originally Posted by TomAz View Post
    I'm in washington for a conference. While I'm here I think I'll stop by the white house and ask W to pay my mortgage, too.

    I missed the speech but here's the thing. I don't care how sincere or scared or whatever he is. He sold us this panic schtick on Iraq and now he's trying to sell us this other thing with more panic schtick and I don't know why we should believe him.
    Its true, the fucker looked us in the eyes (albeit though a tv camera) and knowingly lied to us on a number of occasions, along with manipulating a national tragedy for public approval.

    But this seems pretty serious. I just don't know enough about economics to decide whether this is a bailout for the uber-rich or what our economy really needs to bounce back. The government buying and then holding onto $700 billion in assets until the economy rights itself and said assets are worth something around their "normal" value does seem awful risky. If the economy continues to tank after this buyout then we're double-secret probation fucked!

    Either way you should totally ask him to chip in on the 'ole house payment

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    Coachella Junkie faxman75's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    I'm watching the replay right now. It sounds like he's in a wind tunnel what the fuck kinda mic set up does our president have?

  19. #19
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    Default Re: Bush to appear on TV to talk about bailout

    He looks like he's trying to say "hey guys, i'm almost out of here, I know this looks bad, but i'm serious this time, It's not my fuck up, later"

  20. #20
    The Fro PassiveTheory's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    I hate to break it to you people, but W ain't addressing us folk with our iPods, 401K plans and "intranet"; he's addressing the simple and poor, the rich and old, the people who have real faith in our government, and they're still in the majority (of people who actually vote, at least). Honestly I couldn't give two shits about what the guy has to say, and it doesn't surprise me in the least that his treasury secretary has enacted dictatorial powers concerning the situation. We're just purely and honestly fucked.
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  21. #21
    Young blood
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    Default Re: Bush to appear on TV to talk about bailout

    *insert tomazs pic of the sky falling*

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    LOLocaust Survivor Hannahrain's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    Quote Originally Posted by TomAz View Post

    I missed the speech but here's the thing. I don't care how sincere or scared or whatever he is. He sold us this panic schtick on Iraq and now he's trying to sell us this other thing with more panic schtick and I don't know why we should believe him.
    This isn't the same as Iraq, Tom. He's not trying to rally us or garner jingoism, he's trying to get us not to lose it. It's not a panic schtick, it's a don't panic schtick.

    If you put it on mute, it looks an awful lot like a resignation.

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    Peaceful Oasis TomAz's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    I think it's a panic schtick wrapped up in the clothes of a don't panic schtick. he's asked congress to pass a $700billion bill that wasn't even being considered last week. that sounds like panic to me.

    also, damn, 7 am comes early on the east coast. damn.
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    Member arbouler's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    Quote Originally Posted by Hannahrain View Post
    This isn't the same as Iraq, Tom. He's not trying to rally us or garner jingoism, he's trying to get us not to lose it. It's not a panic schtick, it's a don't panic schtick.

    If you put it on mute, it looks an awful lot like a resignation.
    urging congress to pass a 3-page bill worth 700 billion dollars as soon as possible is a panic schtick.

    when congress asked why not pay 150 billion dollars for the next 3 months and see what happens from there, paulson and bernanke had no believable answer.

    this is starting to sound like an irrational, rushed, no-exit plan.

    yea this is the same as iraq.

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    Member Quadromarshia's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    I like how Lou Dobbs was like "they need to stop selling us a society of fear". Clinton sounded good on the Daily Show the other night. You'd think that with a $700 billion economic plan (with various pundits saying it could end up being from $200 billion up to 1 trillion) that they could at least hook us up with healthcare and take care of our mortgages (forclosure would cost the economy much more than taking care of them). If there going to throw this socialist play, shouldn't they give us the socialist perks? Did you see the original stipulations for the bill? They want us to give an unelected official $700 billion dollars, without oversight, and without the ability of any govt organization to tell them what to do with it; giving the Sec of the Treasury more power than the President?

    As an aside, I remember Ron Paul saying he was talking with Warren Buffet, and Warren doesn't even know what's going on or what to do.
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  26. #26
    Young blood
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    Default Re: Bush to appear on TV to talk about bailout

    Im still of the belief that this bailout is a big shiny turd wrapped in clever packaging. It buys time for and inflated sense of safety. This could have been prevented months ago, people saw it coming but these huge im guessing top 20+ investors in the market have plans to slowly back out the room at the cost of the american public. They wanted this to happen to get even richer. Removing the uptick rule will cause the bears to take over then raid and control companies. Its basic blackmail/corporate welfare. Its using the Iraq tactic on amercian companies and holding them hostage to get favors or deals done. I still think that there is much bigger panic in the market to come by the end of OCT. These investors are trying to control the "change"

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    Coachella Junkie chairmenmeow47's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    buffet put money into goldman sachs, that's what he is doing.

    and this is a fear schtick. whether or not he's right to be this much of a scare monger is moot at this point. since last year they've been telling us they had this under control when they obviously didn't. this administration has also abused the "just act now, think later" plea. and unfortunately the suspicion of the american people is the ultimate price here. we simply cannot trust our government.

    sending the president on TV during a financial crisis to speak up about what's going on is a good idea; however sending a president that like 90% of americans hate at this point is almost like asking us to do the exact opposite of whatever he says. i feel like we're just riding this out until the election.

    and FUCK POSTPONING THE DEBATES over all this. the president's job certainly doesn't stop over a crisis, so why should the campaign? maybe if mccain had shown up to vote BEFORE campaign season, he'd have a better idea of how to handle his job and campaigning at the same time.
    Quote Originally Posted by malcolmjamalawesome View Post
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  28. #28
    Young blood
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    Default Re: Bush to appear on TV to talk about bailout

    Buffet is slick as fuck. Like Clinton said he got a hell of a deal. As soon as the government pumps your money into that pony guess who gets second dibs on assets when it goes under in a few weeks. If they dont go under Goldman sachs/Buffett will make a killing in overdraft fees.
    Last edited by Young blood; 09-25-2008 at 07:17 AM.

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    Coachella Junkie faxman75's Avatar
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    Default Re: Bush to appear on TV to talk about bailout

    Do McCain and Bush understand that it's not the job of the Obama and McCain to literally write the bill, in fact they are really only needed to vote yay or nay on it.

  30. #30
    Young blood
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    Default Re: Bush to appear on TV to talk about bailout

    FACE TIME!!!

    It makes old people feel all warm and fuzzy inside about their decisions.

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