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If he was serious...
SCSUScholars —
...about this, Hank Paulson would be escorted from Washington by U.S. marshals. In a speech at the Manhattan Institute in New York before weekend talks among leaders from the Group of 20 nations, Bush said policy makers should resist the urge to meddle too much in markets as they seek to reverse the financial and economic turmoil now engulfing the world. "History has shown that the greater threat to economic prosperity is not too little government involvement in the market, but too much,'' Bush said. "Our aim should not be more government, it should be smarter government.'' Mr. Bush, I had thought you were actually going to do ...
DAY'S END ROUNDUP
News —
DAY'S END ROUNDUP News that President-elect Barack Obama will resign from his Senate seat Sunday has bloggers buzzing about Illinois Gov. Rod Blagoevich's (D) options for Obama's replacement. And Sen Evan Bayh's (D-Ind.) call for Sen. Joe Lieberman (I-Conn.) to apologize for criticizing Obama during the campaign may fall on deaf ears, bloggers agree. Obama's resignation announcement has heated up the race for his seat, John Nichols declares at The Beat. Possible candidates include Rep. Jesse Jackson, Jr. (D-Ill.), Rep. Jan Schakowsky (D-Ill.), Rep. Danny Davis (D-Ill.), Illinois Attorney General Lisa Madigan, and Illinois Department of Vererans Affairs ...
Hypocrite: Bush Tells World Leaders Not To Abandon Free Market Capitalism
Say Anything —
Want to know why Republicans are losing ground in America’s political arena? Because they say stuff like this even as they approve bailouts for corporate giants and essentially nationalize the banking industry.
Nov. 13 (Bloomberg)—President George W. Bush today urged leaders of the world’s biggest economies not to abandon free- market capitalism as they seek an escape from the financial crisis, calling it the ``best system’’ for delivering growth.
Words mean things. You can’t go out and say one thing and then do pretty much the opposite thing when given a chance and expect ...
The White House ATM
Hot Air » Top Picks —
The White House ATM posted at 11:00 am on November 14, 2008 by Ed Morrissey Send to a Friend | printer-friendly Michael Ramirez captures the essence of the giveaway mentality in Washington DC these days in his latest political cartoon at Investors Business Daily : [image] George Bush yesterday defended free-market capitalism : President George W. Bush today urged leaders of the world’s biggest economies not to abandon free- market capitalism as they seek an escape from the financial crisis, calling it the “best system” for delivering growth. In a speech at the Manhattan Institute in New York before weekend talks among leaders from the ...
Bits and Pieces: 11-18-08
QandO —
Russ Roberts:"Oh Please-President Bush has lost the right to say this." Also, he has a great Mea Culpa on why he missed this, and a discussion that fits right into my theme about how many missed this meltdown, and advice for those of us who did and might think too much of ourselves: I should mention first that the few people who did see it coming were not necessarily any wiser than anyone else. Some of them had predicted nine of the last five recessions. A stopped clock is right twice a day. Even those who claim to have foreseen this mess couldn’t make the case well enough to alarm very many other people. And ...
Who said this?
SCSUScholars —
First, History has shown that the greater threat to economic prosperity is not too little government involvement in the market, but too much. Our aim should not be more government, it should be smarter government.Second, I've abandoned free-market principles to save the free-market system ... to make sure the economy doesn't collapse. A disorganized bankruptcy could create enormous economic difficulties, further economic difficulties. I feel a sense of obligation to my successor to make sure there is a not a huge economic crisis. Look, we're in a crisis now. We're in a huge recession, but I don't want to make it ...
