BOLD Bush calls for BOLD action in financial crisis, demands LESS BOLDNESS from "partisans"

[Amerigo Vespucci]

Rescue will cost billions
Bush, Paulson outline powerful steps targeting troubled mortgage-related assets weighing down the finance industry. Plan could cost hundreds of billions.



http://money.cnn.com/2008/09/19/news/economy/paulson/index.htm?postversion=2008091910

By Aaron Smith, CNNMoney.com staff writer
Last Updated: September 19, 2008: 11:11 AM EDT

NEW YORK (CNNMoney.com) -- President Bush and Treasury Secretary Henry Paulson on Friday outlined a far-reaching series of steps - likely to cost hundreds of billions of dollars - aimed at stemming a widening financial crisis that is roiling the financial markets and undermining confidence in the banking system.

"We must act now to protect our nation's economic health from serious risk," Bush said at a White House press conference. "There will be ample opportunity to discuss the origins of this problems. Now is the time to solve it."

"This is no time for partisanship," Bush added. "We need to move urgently needed legislation as quickly as possible without adding controversial provisions that could delay action."

[shraby]

1. His remarks brings to mind Shock Doctrine.

[radfringe]

2. ding ding ding!!!!!

you got it... you win a shiney pony!