Banking Chairman Dodd: Where's the president?

[babylonsister]

Banking chairman: Where's the president?

by David Lightman

Senate Banking Committee Chairman Christopher Dodd said today that while he welcomed the Federal Reserve Board's decision to cut its discount rate on loans to banks, it's up to President Bush to take tougher steps to restore consumer and investor confidence in the economy.

"Where's the president?" asked the Connecticut Democrat, speaking from Iowa, where he is spending the week campaigning for the Democratic presidential nomination. "This is an economic crisis that demands the leadership of the president and the treasury secretary."

He noted that it's been government regulators who have tried to take steps to calm the volatile markets. "That you have regulators determining economic policy while the president is up on his boat in Kennebunkport is a little troubling to me," said Dodd. Congress left Washington August 4 and is not due to return until after Labor Day.

Bush, who left Kennebunkport last weekend, is spending most of two weeks at his ranch in Texas. The White House said it is monitoring the situation closely, and welcomed the Fed's action today.

more...

http://weblogs.chicagotribune.com/news/politics/blog/2007/08/banking_chairman_wheres_the_pr.html

[Coexist]

1. because he's working hard at getting that record

Most Presidential Vacation Days E-Vah!

Don't you watch The Daily Show?

For serious - I was actually surprised at the title of your OP - its kind of sad when you don't even EXPECT your President to address a national crisis anymore.

Sheesh.

[snappyturtle]

5. I don't care where * is....he can address the public from anywhere.

You know we pay for all that stuff he hauls everywhere and he can't get on the teevee and speak to the nation. What's with that?

[Richard Steele]

2. "the leadership of the president "...Bwahahahaaaa!!!!

Chris Dodd's standup-routine gets better every day!

[C_U_L8R]

3. Monitoring the situation closely...

through a glass of Jim Beam

[Peregrine Took]

4. Between his biking, playing video games and much needed naps, that is.

[C_U_L8R]

6. maybe he's multitasking *hic

like this....

[Spinzonner]

7. Where he always is when something important needs to be done

At the Pig Farm

[momster]

8. They're Still Explaining It To Him

so he can come out and explain to us. "In other words, let me say just what I just said, but this time I'll go 'heh, heh' so you'll know I'm done saying it. Know what I'm saying?"