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Bush sees more moves like Citigroup bailout

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Amerigo Vespucci Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-24-08 10:47 AM
Original message
Bush sees more moves like Citigroup bailout
Source: MSNBC

WASHINGTON - President Bush said Monday there could be more decisions like the government’s dramatic rescue of Citigroup if other institutions need help.

Bush also says he consulted with President-elect Barack Obama on the Citigroup rescue. Bush says “There is close cooperation” between his administration and the Obama camp.

Referring to the Citigroup rescue, Bush said “We have made these kind of decisions in the past. We made one last night and if need be we will make these kind of decisions to safeguard our financial system in the future.”

He spoke outside the Treasury Department after consulting with Secretary Henry Paulson.

Read more: http://www.msnbc.msn.com/id/27889836/
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Veritas_et_Aequitas Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-24-08 10:49 AM
Response to Original message
1. There's a shocker
And what I want to know is that if Bush stands by these bailouts as the right thing to do, why are we authorizing them on Sunday night when no one is paying attention?
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Solly Mack Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-24-08 10:51 AM
Response to Original message
2. That's nice
snort
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Gin Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-24-08 10:53 AM
Response to Reply #2
3. all the buddies will walk away with the treasury......mission accomplished
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Solly Mack Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-24-08 11:05 AM
Response to Reply #3
5. and the people are expected to suck it up and move on

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Lost4words Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-24-08 11:02 AM
Response to Original message
4. Life Boats are for the use of First Class Only, violaters will be prosecuted!
All other passengers are invited to stay aboard until rescue ships arrive, in about two days,

We have some questions from passengers regaarding the condition of the vessel. Estimates are that the Great Ship Homeland will be fully submerged in 2 hours. Again no cause for alarm, as we have stated, the rescue ships for passengers other than First Class will arrive in 48 hours more or less.

We advise you to dress warm as the water temp is 36 degrees.

Thank You for choosing Homeland Pleasure Cruses!



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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-24-08 11:05 AM
Response to Original message
6. Now WHY Don't I Believe This Part?
Bush says “There is close cooperation” between his administration and the Obama camp.


Maybe because Obama would have to be insane to go along with anything Bush does. I'm expecting a denial from the Obama people any minute.
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Triana Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-24-08 11:08 AM
Response to Original message
7. In other words, workers and taxpayers - BEND OVER FURTHER....
....'cause you are gonna KEEP getting it in the behind.
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madamesilverspurs Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-24-08 11:08 AM
Response to Original message
8. Such a good boy
to look after his daddy's business interests!
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HopeHoops Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-24-08 12:32 PM
Response to Original message
9. "Hey, Uncle Dickie, which of our other owners need a big ol' bag o' free money?
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