Posted on 10/03/2008 12:28:50 PM PDT by rabscuttle385
WASHINGTON (AFP) — US President George W. Bush on Friday signed a mammoth economic rescue package aimed at saving troubled US banks and easing a credit crunch that he warned could spell disaster for the US public.
After campaigning for the bailout for two weeks and courting reluctant lawmakers in person and by telephone, Bush signed the Emergency Economic Stabilization Act of 2008 before leaving Washington for the weekend.
(Excerpt) Read more at afp.google.com ...
Gotta love him. He’s done to America what he’s done to every other company he’s been in charge of.
Yep. There is still the question of amnesty for the criminal illegal aliens.
Since the House passed this thing, the Dow has dropped more than 300 points. The recovery plan is working great so far.
Gasoline is down about 4 cents a gallon today as well. About $3.139 around here.
This will go down in history as W’s “read my lips” moment, just like his wimp daddy.
They should have called it the
Secure Housing Assistance Forgiveness Takeover
or the
Bailout Undertaking Legal Lowincome Support for Housing Income Trustees
or something like that.
Anyone Paulson and the Rats say...
Yes, Bush certainly wasted no time getting this bill signed.
actually, this act has our next crisis built right into it. By allowing a whole new class of entitlement (mental illness, mental inconvenience, etc.) on the backs of the insurance industry, congress is forcing insurers to collapse under the weight of the soon-to-happen fraud/waste/and abuse. Prices will rise and employers will have to continue to cut or drop coverage. Pelosi, Frank, Hillary (eeek), and “the Blessed One” will be ready, pens and reams of paper in hand. Hope ya like that waiting list for your MRI. And, by the way, you have been eating too much fat and meat, tsk, tsk that’s gonna cost you. Can’t you be more like our dear leader? We have your test results. We have everyone’s test results. You better shape up. Your kids will tell you all about it after they get home from our patriotic schools. Oh yeah, your kid is thinking about questioning his gender. We are here to help... there’s a program for that.
watch the dollar. it will soon be worth less than the peso.
Awright everyone, open your wallets and pull out $8,000.
...hmmm, seems I’ve got $63.44; anyone care to bail me out of my “fair share” of this taxpayer-funded powergrab?
It will have to get in line behind all the other "read my lips" moments. Bush has been a disaster as a president. Period.
Don't worry...whichever Big Government Party wins next month will continue (and even accelerate) the ravaging.
I see BDS is alive and well.
Hank Paulson’s in charge now. The Treasury Secretary has almost unlimited powers over the nation’s economy now.
Unaccountable and answerable to nobody.
Buck up, comrade! Solyent Green is on the menu!!
You, sir, are a traitor and should immediately have impeachment proceedings initiated for the act of Treason against the United States of America.
You would have to impeach a lot of socialist House critters and Senators before you could even get close to the Head Socialist in Charge.
BDS, eh?
Bush just signed into law an unconstitutional Socialist monstrosity, and you are suggesting that folks are deranged for wanting him impeached, due to his flagrant violation of his oath today?
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