Choking on Crap Sandwich 2.0: Bush says “We don’t want to rush” (!!!!)
HAW. HAW. HAW.
I am going to break 8.0 on the LMAO Richter Scale.
President Bush just gave a brief statement on the Dow and had the nerve to say this:
As global markets plunged, President Bush on Monday said “it’s going to take awhile” for the government’s $700 billion financial rescue plan to bolster the troubled U.S. economy.
Bush said the purpose of the package was to unlock the nation’s credit freeze “to get money moving again.” But, he added: “We don’t want to rush into the situation and have the program not be effective.”
“We don’t want to rush into the situation and have the program not be effective.”
We don’t want to rush?
We don’t want to rush?
That was exactly the message of bailout opponents on the left and right who didn’t want to be bullied by Bush’s wrong-headed Treasury Secretary.
That was exactly the message of fiscal conservatives who wanted to slow the bailout train down, take time for hearings, consider all alternatives, and listen to those with experience around the world watching past massive, bank bailouts fail so that whatever the government adopted would be effective.
If the Dow were up, Bush and the bipartisan bailout mob would be happy to crow and take all the credit for it.
Now, they tell us they DON’T WANT TO RUSH after putting a gun to the head of American taxpayers to fork over $700billion/$850billion/$1 trillion-plus for a bailout that WON’T BE ENOUGH.
How’s that Crap Sandwich tasting now, people?
***
Commenter astonerii: “How true, how true. I thought the whole point of the bail-out was that it would take time for other measures to take effect, but the bailout was going to be immediate because it was all psychological, and we needed to make people ‘believe’ and this would ‘change’ the direction.”
See what others have said
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Trackbacks
- Bush: “We don’t want to rush” | Jeffrey A. Setaro
- Oh, So NOW You Don’t Want To Rush Into Anything! « Beltway Snark
- On “The Bailout”, Part 13: “preserving the system in which a Harvard elite controls other people’s money” « PurpleSlog
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Wow! Just wow!
Bush who? Oh, that guy. “Pay no attention to the man behind the curtain.”
President Bush , I voted for you twice. Now nothing would make me happier than to see President Cheney finish your term. Resign Now!
Nothing surprises me.
The dopey Dems were probably hoping the crisis would help Obama. It probably will right up until he’s President and it his crisis. Unprepared, meet the Unthinkable.
1.20.09
RIP USA
People are going to have to learn how to sew the holes in their socks after this is over.
It would taste better with a side of Throw The Bums Out!
How true, how true. I thought the whole point of the bail-out was that it would take time for other measures to take effect, but the bail-out was going to be immediate because it was all psychological, and we needed to make people “believe” and this would “change” the direction.
Yup. We wouldn’t want to rush into this!!!
jack-asses.
FIRE. THEM. ALL. The incompatence of all branches of the government in washington right now is breath taking. Every single person in washington today should be fired and never allowed to run for any office ever again. I am begining to think rebuilding washington DC after a nuke strike might save us money.
AMAZING!!! We don’t want to rush!!! You mean we could have taken time to pass a GOOD BILL for the TAXPAYERS??? I heard we had to act NOW, or face FINANCIAL COLLAPSE… Well, which one is it??? Doesn’t matter now, does it??? Maybe a little MAYO will help the SANDWICH go down a little easier…
Imagine if any of the “Big Businesses” that so many illogically hate operated like this. At least with Big Business we would have seen a business plan and strategy for how the money would be spent.
This is how our government malfunctions. $850B of pork laden bailout and now they don’t know what to do with it.
This should have been determined before they came up with the figure. Who, other than our government, operates this way? I cannot get a loan without first explaining how the money would be spent. It should be no different for Congress. This is just shameful.
No sooner was it out of our pockets then they were already planning on how to get more. Given Paulson’s track record, no one should be surprised. Were he a CEO, he would have been gone long ago.
Hopefully the American voters will realize what a farce this was and vote accordingly in November.
Can I have some arugula on the side?
what was that book By Jerome R. Corsi, Ph.D. - The Late Great USA….
Dow down 549 and sliding. California needs a 7 billion dollar loan to stay in business. Florida can’t borrow money for capitol projects. Property values are falling. The tax base is shrinking. So what happens when there is no money to pay police and firemans salaries?
Oh, c’MON, people! Give the guy a break.
The whole point of the rush to get the bailout through was to keep it bipartisan. If it was just a few days before the election, everyone would know it’s the first down payment on the Obama Administration’s drive for ’social justice.’
With all of the latitude built into the bill, who do you really think is going to get the money under Obama? There are a lot of oppressed African-American folks out there on the brink of losing their homes.
Just seems fair to move that money to help out the ‘decendants of slaves,’ doesn’t it? Even if they did just come from Kenya a generation ago.
Un-freakin-believable. No, totally believable, that’s the sad part.
If McCain wins. . . riots, illegal amnesty, and reaching across the aisle.
If Obama wins. . . socialized health care, double foreign aid payments, tax increases for businesses, surrender to the islamists, socialism will rule the land.
Stock up on food, water and ammo, it’s going to get ugly no matter who wins.
In November, I’m going to locate each incumbent on the ballot (minus the ones that didn’t vote for the crap sandwich) and vote for the challenger. This is completely ridiculous.
Well, it’s pretty obvious that the financial/industrial movers and shakers don’t think this bailout is going to work. . .and that’s being reflected in the markets today.
Now, I have a sneaking suspicion those folks know quite a bit more about the economy than our elected senators/representatives do.
I have a sneaking suspicion that this is going to be so serious, that THIS, not Iraq, not Afghanistan, not 9/11, not Dept of Homeland Security, THIS is what the Bush administration will be remembered for. . . breaking capitalism so badly that it will take years (if not decades) to fully recover.
compassionate conservatism my a$$. just give me back my real conservatism which says work hard, play by the rules, do the right thing, and you will succeed. so you do that and compassionate politicians destroy our economy with their giveaways. GIVE SOME TO ME.
I could not follow where you were going with your comment.
I wonder if people just realized that McCain blew any chance of becoming President so they are getting out of the stock market before Obama gets in and raises the capitol gains tax.
You want Fries with that Crap Sandwich?
No, a roll of TP will do just fine.
John Ansell …
That has been a part of my thinking from square one … I think the fear of Obama and all the tazes he wants to impose on everyone has them selling off everything that has any profit margin right now instead of waiting …
I find it very eerie, Michell, the way you can read my mind……and so consistently too!
How’s that investiagtion coming along, Mr. President? I’m sure you’re as eager as the rest of us to go after those responsible for this mess, right?
…….right?
……..Hello….?
I voted for him twice, but I can’t wait for him to leave.
McCain missed a golden opportunity here. Had he sided with the American people, fiscal conservatism, etc., he could pulled the rug from underneath Obama on the economy. Just chalk this up to another opportunity missed.
The investigation is in the same place that OJ is looking for the killer of Nicole…
My God Bush is getting bad. It sometimes makes me wonder if it wouldn’t have been better for our (conservatives, that is) long term prospects if Gore or Kerry would have won.
If only we had had a real leader in the presidential race to vote against this. *sigh*
I hate to say it but this would be a perfect time for a major terrorist attack on the United States. The situation today is playing out like a brilliant strategic move:
Get one half of the country hopping mad at the other half so they are busy fighting each other, then throw in a few million illegal immigrants to add to the confusion, then pull the rug out of the financial markets to generate more chaos, get the country’s executive and legislative branches so scared that they will make incredibly stupid decisions without thinking them through, make sure that most of the country’s military forces are spread out all over the world and thus not available for immediate defense of the homeland, then ATTACK.
Silver,
The bailout is effectively a blank check all set for Obama to decide what to do with the money. Deep cramdowns plus government grants to erase or greatly reduce minority homeowners’ mortgages would seem to be a sensible place for him to start, given his world view.
Going to start stocking up on pencils now. That way I will have something to peddle on the street corner.
This post brought to you from Phoenix, Az. Phoenix, it beats California. Phoenix, dear Lord somebody turn down the sun.
That seems more appropriate.
A distinct possibility.
You may be on to something there. The stock market reflects economic conditions six months down the road. In which case, this is the Obama recession.
Quite “a coincidence that you’re interested in this one,” the salesman says. “Another lady was just in here wanting it and she ran home for her checkbook. I can’t guarantee it’ll still be here in half an hour.”
…quote from the Resident Libertarian Columnist in Sunday’s Las Vegas Review-Journal …
hmmm …
finger check? … or freudian slip? …
taZes = taXes … going down either way …
Pelosi cheered and crowed last week when the bailout passed. If the DOW continues to tank she’ll be putting the blame totally on Bush and the Republicans by weeks end…
The bailout debacle once again illustrates the drastic disconnect between politicians and reality. From the beginning, the politicians seemed more obsessed with the bailout than the “market” did. But investors are not as dumb as politicians think they are. Investors know a turkey when they see it. To the extent even concept of a bailout was a good idea, certainly any fool could see that the bailout we actually got — loaded with almost comical earmarks and other payola — was a turkey from Hell.
Moreover, investors are generally wary of dim-witted politicians trying to micro-manage the economy in the first place, and the nausiating spectacle of Pelosi, Dodd, Frank, etc. contratulating each other for their great “leadership” in the bailout efforts could only have further turned investors off to the whole idea.
How about another “contract with America”. The conservatives running for congress should run on a platform of eliminating unconstitutional depts. like education, HUD, and DOE.
The precursor of “Hope and Change” appearing in your hometown real soon. The Obama equivalent of the Mahdi Army dressed in camo pants and blue shirts will inforce the redistribution of th 700 Billion…… or is it 850?
I hate to sound like a lib, but our only hope is there is some flaw in this legislation that the Supreme Court can shoot down.
I spent a lot of time and energy defending this president to all the libs in my circle of friends and family. I am bitterly disappointed in his actions these past four years. He appealed to evangelicals to help him out and we fell for his sincerity act. He blew a huge opportunity in 2004. He had the right congress and the right court and he did nothing with it. This last act feels like he force fed us something we did not want. He is as bad as Nancy Pelosi. I am mourning the man I once respected.
This is what happens when nation (America, for those wearing the party prism), takes the beak-seat. Many have been saying, Impeach Bush for amnesty, broder patrol agents, students visas to Saudis, Dubai deal etc…, but they are just ‘crazy Liberals’, huh?
I don’t think I will ever be able to capitalize washington d.c. again.
The bastards should be forced to wear togas and sandals. The next thing you know Canada will annex us.
**** Breaking News ****
Fox News just announced that Paulson has selected another former Goldman-Sachs executive to manage the bailout … more cronyism anyone?
CNBC had an interview with Under Secretary of the Treasury (Tony Ryan, I think it was) and he said, loosely translated.
We don’t know what to do, we don’t know how to do it. It is a very complex problem. We are trying to hire smart guys from Wall Street who will tell us what to do. We are working very hard, and everything will be transparent.
Basically, we have no clue.
Even the anchors, and commentators were annoyed that he wasn’t answering any questions.
Not me. I am ticked off. I was watching some of his 2000 speeches, and he failed us miserably.
And he has absolutely no shame! That’s probably the worst part! “We don’t want to rush….” I swear, I think he might be mocking us, just because he can.
I am voting third party for President. The GOP doesn’t deserve my vote.
My House rep voted no, so I put a sign up in my yard for him. He’s a Michigan Republican, so he’s still pretty liberal, but I think I owe him my vote this time around.
You to? I thought I was the only one. Guess its actually a growing sentiment among more than just a disgruntled few.
Lord why does Phoenix have to be so bright? Think I am going blind.
Impeach Bush? No point. He will be out in a few months anyway. The reasons they wanted bush impeached made them crazy. If pelosi thought she could have backed up the liberal lies about bush, she would have done so. Bush screwed up with this bail out and many other things, but there is no proof he did anything impeachable.
At least Japanese officials resign when they mess up.
I’d love to see sooooo many government officials fall on their sword. And what’s terrible is that the elected ones aren’t as bad as the embedded ones.
I’m telling ya, if you haven’t done so already, pick up Liberal Fascism, by Jonah Goldberg. We’ve rounded second base and we’re coming into third…on the road to corporatism in this country. With McCain having to better grasp of the economy than Obama, and that’s really saying something, we’re headed for a very, very bleak period no matter who wins.
I just wonder if Pres. Bush has fallen off the wagon.
Well, my gosh, didn’t we just do that last week with the bailout? Didn’t you and Congress give an emotional, knee jerk reaction to this “crisis?” Didn’t people warn you that this bailout wouldn’t work if the structure of the market wasn’t addressed and resolved?
Instead of rushing into worsen this debacle, how about some foresight and truth? How about doing the hard work of trying to understand what happened, what lead to this, and resolving the problem without wasting taxpayer money? Unfortunately, that wouldn’t suit the Dems who aren’t interested in finding answers or taking responsibility for the “crisis.”
Where are the freaking adults? Where? Please let the economists jump in already and address a matter that the American people and Congress really know nothing about, okay?
…and, we the folks can only sit here choking on the Crap Sandwich.
The liberals want to impeach him for Iraq, not for caving to the liberal agenda of amnesty, etc.
If they’re part of the problem, they can’t be part of the solution. They have all got to go.
Then you will deserve what you get.
we’re screwed 08, sad thing is that it will carryover into 09, 10, 11, 12 and 13+, even if we are lucky and obamitler loses. as things go, unless mccain can tie this mess around obama’s neck with an anchor, which it sounds like he won’t, we are really screwed.
I guess we shouldn’t be too surprised that the President lied to our very faces. It seems so apropos now, along with all the fraud, corruption, and greed etc., that seems to be so prevalent. He does sort of look like that Alfred E. Newman character of Mad magazine: “What, me lie?” It used to be that you had to ask which ones are dishonest. Now, you have to ask which are truthful. Not very many!
I can’t decide whether to laugh or throw-up… With all due respect Mr. President don’t you think maybe you should have thought about that before you shoved $700 billion crap sandwich down our throats?
Idiot!
NOW you don’t want us to rush…..what about two weeks ago when you wanted us to rush and pass the bailout, Mr. Presidant?
700,000,000,000 steps closer to communism.
Congress - economic terrorists!FIRE THEM ALL!!!
Since the Republican Party has abandoned most (more like all) conservative principles, I think it’s time for a new party. I too, am upset and frustrated with the way the Bush Administration has handled this fiasco and many other things.
The new party needs a younger, more energetic leader, with a clear past and STONG FISCAL CONSERVATIVE PRINCIPLES! I’m glad McCain didn’t choose Bobby Jindal as his running mate. In 4 years he’ll have accomplished much more and be better equipped for a run at the Presidency (although Obama has lowered the bar in regard to experience).
I will not register as a Republican as they are ‘no longer who they once were, or what they could be’ to paraphrase Zerobama. I’m sure I’m not the only one who feels this way. We have been sold out. Enough is enough!
Just got tweeted by my reps reminding me to vote for him–”Let your voice be heard”. Hey, my voice said “don’t vote for the bail out” and he didn’t hear that so I’m not so sure I hear his voice say “Vote for me.” Loser.
Bull crap. Bush needs bushwhacked. If for no other reason than to remind every member of every future administration that they have a fiduciary duty to the American People.
Perhaps the legacy of the Bush Presidency is, a lack of leadership and oversight is a high crime or misdemeanor
I vote for him twice. But I don’t care if President Cheney serves only one day. A message needs to be sent, the President can be fired.
I want every cabinet, or staff meeting to end with this admonishment. The buck stops here. If any of you are guilty of malfeasance, misfeasance, or nonfeasance, I will pay the price and the next administration will prosecute the guilty parties to the full extent the law allows.
Dow down 759 points. Panic selling was just suggested as a reason on Fox.
Of course, let’s not hurry. No need to do anything until the DOW gets to about -150.
Let’s quadruple the bailout.
It’s not like any of it matters. It’s not like the taxpayer has a say…
Throw money into the furnace, f*ck the taxpayer. Liberalism has now made us all even…bankrupt, morally and financially.
The central focus of this bailout was urgency, urgency, urgency, and now Bush comes out with this.. damn, he must be getting a BIG chunk of the $700billion for doing what he’s doing.
I already e-mailed Lamar Smith and Cornyn to tell them that this is one vote they’ll have to live without this year.
I’m already in mending mode!
It’s called darning. Been there. Not in the US tho.
In times past, this debacle would have had angry citizens storming the seats of government, and tossing their elected representatives out on their ears.
The government has willfully enacted legislation that is destroying the future financial well-being of a huge portion of its constituency, for no appreciable gain. They have acted without voter input, ignoring the clear reports that the public did not support this legislation.
I know it’s knee-jerk, but I can’t help thinking there should be a general recall of ALL (regardless of party) sitting Senators and Representatives who voted in favor of this monstrosity.
Then, at least, they wouldn’t be able to meet quorum requirements to vote in any additional foolishness for a little while.
And when I say that, I mean Obama and McCain too. Both of them along with the rest. Then they can both put out stupid TV ads about how the other was impeached and removed from office. Idiots.
OJ will be looking in the correct place to find Nicole’s killer real soon. Hope he has a mirror in his new domicile.
Not only am I darning socks, I have planted a fall garden and am considering keeping chickens. Christmas will be light @ Casa de Skirt as we brace for the on coming storm. Giving “conservative” a new meaning.
Speaking of Iraq:
http://www.youtube.com/watch?v=45f1Riv_z1I
Michelle,
How do you restrain yourself from a string of obscenities at Bush, I will never know..
and unfortunately as close as the polls put this election, every vote for a 3rd party could be considered a vote for the obamination…which will mean the end of the great experiment of 1776 the late great USA….
Well, Paulson CAN’T just rush in and spend all that money on the first day! It will take LOTS of time to cherry pick and set up his friends to maximize their benefit from the MOAB.
I would hate to see any of that money wind up in the wrong hands and I am sure Hank feels the same way.
The two major parties are utterly corrupt and beyond redemption. Vote Constitution Party in 2008. Make a difference. Change Washington. Return the government to the people.
Every time Bush opens his mouth the republicans lose another rep in congress and another electoral vote. I want to add that an angel also gets his wings, but I doubt that happens, charming though implausible fantasy that it is.
“DON’T WANT TO RUSH” means “IT DIDN’T WORK”
Fixed it.
Americans don’t care if their president is corrupt / rich / bailed out by terrorists / drop-out or simply a sell-out to Saudis / Mexicans, as long as he stages a rivalary, and belongs to secret and elite clubs like:
- Skull and Bones.
- Illuminati.
Bhishma, look out, I think there’s a chem-trail drifting over your house.
Your comment takes WarEagle’s comment, which seems truer day by day, and pushes it over the line into paranoia.
Anyone else want to call this guy a conservative?
KEYES ‘08
RWR
http://www.rightwingrocker.com
I came across this :http://www.youtube.com/watch?v=ge2J2lNusJs
Does it have ANY merrit? Could Michelle attempt to verify it?
After that Bailout… I put NOTHING past our corrupt Goverment!