Posted on 01/12/2009 11:45:10 AM PST by bimboeruption
WASHINGTON, Jan. 12 (UPI) -- U.S. President George Bush said Monday President-elect Barack Obama hasn't asked him to seek the second half of the funds designated for economic recovery.
"I don't intend to make the request" for $350 billion of the $700 billion package approved to help unfreeze credit markets unless Obama asks, Bush said in a wide-ranging, candid and final news conference of his presidency.
Bush said he and Obama, who takes over Jan. 20, have discussed the matter. "I told him that if he felt that he needed the $350 billion, I would be willing to ask for it -- in other words, if he felt like it needed to happen on my watch," Bush said.
Reflecting on the recession that is ending his tenure, Bush said, "I inherited a recession and I am leaving on a recession."
"I readily concede I chucked aside my free-market principles when I was told ... the situation we were facing could be worse than the Great Depression," Bush said. "(But) we've taken extraordinary measures to deal with frozen credit markets (that) have helped thaw the credit market."
He said he was pleased the financial markets have begun to move because of the $350 billion already spent and that he would be supportive of Obama's administration working out a plan "that best suits him."
His administration moved aggressively by taking actions "all aiming to prevent the financial system from cratering."
(Excerpt) Read more at breitbart.com ...
You betcha!
And he'd drag us and the next generation of taxpayers with him without a second thought.
Come to think of it, has The Moron ever had A THOUGHT?
Why do you say the source of the article is unknown to you, when it clearly says UPI as in United Press International...??
Hey Bushbots, McCainiacs, and RINO quisling...thanks for nothing!
Bush...McCain...just a bunch of Socialist RINO trash.
I have the source listed as breitbart.com. It's the AUTHOR that's unknown to me.
$350B because "he asks him"? We already know the money is being used in quite different ways than authorized, and Barney Frank is pressing for even more originality. Can't GWB wait a week and let BHO do it on his watch?
It’s official. Bush has absolutely and completely sold out.
Thanks, rab, I couldn't have said it better.
Why can’t Obama request it once he is sworn in. Bush seems to be eager to give Obama the talking point to blame it on the pubbies. Coward.
Gee...doesn’t it just give you the warmest, fuzziest feeling about Jeb running one day? AARGGUUHHHH!!
I think The Moron is thinking about his legacy. He doesn't want to be remembered as a country club republican. He wants the poor, unwashed masses of parasites to think kindly of him.
He want's his pic to be right up there on the wall with MLK, JFK and Bobby.
But he'll never make it because Barry's pic is gonna be there and it's gonna be so big, it will take up the entire wall.
Please, God, no more Bushs, Kennedys, Chafees or Clintons.
Why is Bush behaving like Zero already IS prez? How annoying, get a spine Bushy!
Does he need Obama’s permission to go to the bathroom as well?
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