Posted on 04/20/2005 10:10:05 AM PDT by FairOpinion
CNBC's Ron Insana sat down with President Bush for an exclusive interview on topics including Social Security, personal savings accounts, the stock market, budget deficit, Medicare, oil prices, the dollar, international trade, and terror. Here is a transcript of that interview.
President Bush: No. Listen, now's the right time to talk about permanently fixing Social Security because every year we wait it costs $600 billion more for the next generation. In other words, it's going to cost that much more money a year by -- if there's political delay.
Secondly, I mean, I think most people will tell you that if you hold money over a long term, the rate of return on a conservative mix of bonds and stocks clearly is greater than that which the government earns on your behalf.
(Excerpt) Read more at msnbc.msn.com ...
There is a lot of good stuff there.
Good interview IMHO, W did well.
BTTT
Now I KNOW he mentioned money for research for hydrogen.
To even suggest that this president has not been concerned about an enery policy is to ignore the facts.
Didn't read the interview so I'm just venting here.
There has to be a mutli-pronged approach to high gasolin e prices. First, develope ANWR as quickly as possible. Second, get new refineries built. Third, overhaul the Atomic Energy Commission and remove most of their power to force complete re-engineering of nuclear power plants in the MIDDLE of construction. Fourth, advance the search for alternative sources to power vehicles.
Rather than nuclear, I'm an advocate of clean coal liquafaction. That will buy us plenty of time to develop "fool proof" nuclear.
Just wait until all of Bush's new Big Government burdens are piled on top of energy-price increases. Over a trillion dollars just for his "free" pill vote-buying scam alone.
later read.
FO, if you could post the interview I would appreciate it.
Every time I try to go to MSNBC's site I get bombarded with ads & popups to the point I can't even get to the transcript! LOL
thanks
Bush: 'I'm worried about gasoline prices'
gee.......is he also worried about the astronomical price we pay for criminal illegal border hoppers and the direct longterm resulting expense?
No, he's not.
I believe that President Bush's truck on his ranch is powered by hydrogen.
That was the stupid title the MSNBC came up with -- probably the least important part of the interview.
I wonder how much of the requirements for boutique blends of gasoline around the country could be undone by an executive order?
Good interview but Bush is doing a horrible job selling his SS reform plan. In fact, he's just letting all the criticism add up instead of refuting it.
They should be slamming a drill bit into the ANWR before the commies can stop them in the 9th Circus Court of Appeals.
I also think we should have opened up the Gulf coast of Florida, but apparently that has been traded away with a moratorium now into the next decade.
I've seen fuel as high as $2.99 already in San Diego County.
Oil is a commodity. Price controls don't work.
What works is to increase supply -- that is what Bush wants to do.
Drill ANWR and break our dependence on foreign oil.
Reformulated gasoline increases the cost of gasoline and decreases the amount of energy per gallon of gasoline. So you are paying more for gas and reducing your MPG.
Why can't the idiots in Washington DC stop this fraud on the American people?
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