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Bush: `I'm sorry' the economic crisis is occurring
AP ^

Posted on 12/01/2008 11:12:35 AM PST by WilliamReading

WASHINGTON (AP) - President George W. Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts and said he'll back more government intervention if needed to ease the recession.

"I'm sorry it's happening, of course," Bush said in a wide-ranging interview with ABC's "World News," which was airing Monday. "Obviously I don't like the idea of people losing jobs, or being worried about their 401(k)s. On the other hand, the American people got to know that we will safeguard the system. I mean, we're in. And if we need to be in more, we will."

The U.S. economy fell into a recession in December 2007, the National Bureau of Economic Research reported on Monday. Many economists believe the current downturn will last until the middle of 2009 and will be the most severe slump since the 1981-82 recession.

On the war in Iraq, Bush said the biggest regret of his presidency was the "intelligence failure" regarding the extent of the Saddam Hussein threat to the United States. With the support of Congress, Bush ordered the U.S.-led invasion of Iraq in March 2003—a decision largely justified on grounds—later proved false—that Saddam was building weapons of mass destruction.

"A lot of people put their reputations on the line and said the weapons of mass destruction is a reason to remove Saddam Hussein," he said. "That's not a do-over, but I wish the intelligence had been different, I guess."

Asked if he would have ordered the U.S.-led invasion if intelligence reports had accurately indicated that Saddam did not have the weapons, Bush replied: "You know, that's an interesting question.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: agitprop; americanpravda; asspress; bush; busy; buttociatedpress; economy; globaleconomy; gwb
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To: ari-freedom

I just wish GWB would stepup and say that Compassionate Conservatism is not Conservative, it is Socialism Lite and then explain that he botched Conservatism with his big spending, Amnesty, RAT/UN/Saudi hand holding and his shiity Cabinet appointments of other CC/Rinos. That should be the least he does except for saying that the only redeming quality of the McCain Campaign was Gov. Palin.


21 posted on 12/01/2008 11:29:53 AM PST by iopscusa (El Vaquero. (SC Lowcountry Cowboy))
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To: Chet 99

Someone told Bush that big deficits don’t matter.

Anyone who could read a newspaper knew that people were buying houses with no money down and no credit.

Bush did nothing, nor did any of his well-paid appointees.

He insisted on installing a democracy on people who have no history of democracy. The Iraqis can barely muster a thank you.


22 posted on 12/01/2008 11:32:36 AM PST by WilliamReading
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To: WilliamReading

“At some point , we just have to admit that George W. Bush was not up to the job. He didn’t have the gray matter necessary.”

Sarah Palin has not shown that she has the brains either, but saying that gets you called an “elitist” who attends cocktail parties in Washington D.C.


23 posted on 12/01/2008 11:35:07 AM PST by reaganaut1
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To: WilliamReading

Instead of appologizing and virtually taking the blame for it, he should point out that it was DUmocrats who created the problem and those responsible for it are still serving in congress or will be serving in Obama’s cabinet.


24 posted on 12/01/2008 11:35:24 AM PST by RasterMaster (DUmocrats - the party of slavery, sedition, subversion, socialism & surrender)
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To: Revolting cat!
And still, the boy won’t name names, won’t point fingers at the CRA, at the compassionate conservatism and its bullying of banks that got us here!

He should call the rats traitors, cowards, obstructionists. Traitors for their treasonous conduct while our brave men and women were in harm's way. Cowards for supporting the war and then calling Bush a war criminal after difficult times started. Obstructionists for 8 years of relenting opposition to sensible policy proposals on entitlements, health care, energy, mortgages, and many other areas.

Bush should not apologize for GW2. Hussein was a grave long term threat who had to be confronted. If Iraq was not confronted, we would have both Iran and Iraq to deal with.

Bush's major weakness was not recognizing the true enemy: the rats. His naivity from dealing with Texas rats will be the downfall of the country.

25 posted on 12/01/2008 11:36:05 AM PST by businessprofessor
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To: WilliamReading

26 posted on 12/01/2008 11:37:00 AM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
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To: WilliamReading

He sounds like an idiot

What happend to our GWB? Was he abducted by aliens and reprogrammed after the 2004 election?

something SERIOUSLY changed this man, I dont think it was Nancy Pelosi


27 posted on 12/01/2008 11:38:22 AM PST by silverleaf (Fasten your seat belts- it's going to be a BUMPY ride.)
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To: WilliamReading

I’m sorry, so sorry
That I was such a fool
I didn’t know
Love could be so cruel
Oh, oh, oh, oh
Uh-oh
Oh, yes

You tell me mistakes
Are part of being young
But that don’t right
The wrong that’s been done


28 posted on 12/01/2008 11:39:14 AM PST by tumblindice (Welcome our new Ant overlords)
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To: ClearCase_guy

Isn´t that what he´s saying? This is embarassing.


29 posted on 12/01/2008 11:39:58 AM PST by villagerjoel (1984 was not supposed to be an instruction manual!)
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To: WilliamReading

at least his grades were made public
we don’t have transcripts or even photos or anyone who remembers the uh uh uh uh messiah at Columbia
No photos or grades or anything from Harvard either- one law school photo released was photoshopped with his head on another person- real interesting huh?

get real on “gray matter”


30 posted on 12/01/2008 11:41:47 AM PST by silverleaf (Fasten your seat belts- it's going to be a BUMPY ride.)
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To: WilliamReading

“I’m sorry it’s happening, of course,” Bush said”

God, I hate AP. They are vicious, nasty, lying termites. I call them termites because they set their little bombs to gnaw at the bottom until they crash things down.

Bush is not apologizing here. He’s just saying he’s sorry there’s a problem. They just twist it, like they do everything, to make it seem like he is saying it is all his fault. And if I blame anyone, I blame mostly the democrats and the media constantly talking the economy down.


31 posted on 12/01/2008 11:42:37 AM PST by I still care (A Republic - if you can keep it. - Ben Franklin)
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To: WilliamReading

“a decision largely justified on grounds—later proved false—that Saddam was building weapons of mass destruction.”

BS! Actually the exact opposite was proven. And that wasn’t even the reasoning.


32 posted on 12/01/2008 11:43:06 AM PST by Lee'sGhost (Johnny Rico picked the wrong girl!)
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To: rollo tomasi

The republican creedo.


33 posted on 12/01/2008 11:43:57 AM PST by stuartcr (If the end doesn't justify the means...why have different means?)
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To: WilliamReading
"I'm sorry it's happening, of course," Bush said in a wide-ranging interview with ABC's "World News," which was airing Monday. "Obviously I don't like the idea of people losing jobs, or being worried about their 401(k)s.

Well, he sure didn't seem to care when millions of Americans lost their jobs because of outsourcing, but then, he supports globalism so as usual, American jobs are expendable, as long as they benefit his global agenda!

34 posted on 12/01/2008 11:44:09 AM PST by NRA2BFree
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To: WilliamReading
I mean, we're in. And if we need to be in more, we will."

Noooooooooooooooooooooooooo!!!!!!!!!!!!!!!!!!!!!!

35 posted on 12/01/2008 11:44:23 AM PST by cowboyway ("The beauty of the Second Amendment is you won't need it until they try to take it away"--Jefferson)
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To: WilliamReading; Night Hides Not
WilliamReading: "At some point , we just have to admit that George W. Bush was not up to the job. He didn’t have the gray matter necessary."

Speak for yourself.

By the way, it has been my experience that a graceless comment made about someone else's supposed lack of gray matter often reveals more about the speaker than the intended target.

36 posted on 12/01/2008 11:45:19 AM PST by Sparko
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To: jveritas
"A badly misleading headline."

Agree. "I'm sorry" it's happening also, that doesn't mean I'm admitting or suggesting I caused it, as the headline eludes.
37 posted on 12/01/2008 11:47:23 AM PST by jaydubya2
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To: WilliamReading
Bush...said he'll back more government intervention if needed to ease the recession.
“I mean, we're in. And if we need to be in more, we will."


38 posted on 12/01/2008 11:48:27 AM PST by Deo volente (On January 20, 2009 America moves to DEFCON 2.)
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To: WilliamReading

Dammit Dubya, don’t apologize, you’re one of the only people who tried to fix it!


39 posted on 12/01/2008 11:50:37 AM PST by Mr. Silverback ("[Palin] has not even lived in the Lower 48 since 1987. Come on! Really!" --Polybius)
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To: stuartcr
Some say that it is viable economic “strategery”.

Of course the “some” have million$ stashed away and their families are economically stable for generations to come...

40 posted on 12/01/2008 11:50:56 AM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
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