Bush said 'considering' speech to nation on economy. Gee that's mighty big of him.

[AlCzervik]

What a tool he is, you know he is the worst ever but you would think he would have done this oh last week or so?

By JULIE HIRSCHFELD DAVIS, Associated Press Writer
1 minute ago
Federal Reserve Chairman Ben Bernanke told Congress Wednesday that economic growth depends on stabilizing financial institutions as the White House said President Bush is weighing a speech to the nation about turmoil in the markets.

In remarks to the Joint Economic Committee of Congress, Bernanke said the Fed will "act as needed" to minimize the disruptions to business life. His appearance came not long after Bush said he was confident his administration and Congress could reach agreement soon on a "robust" plan to relieve the stress.

Lawmakers have voiced skepticism about the the administration's $700 billion bailout plan, however, and both Bernanke and Treasury Secretary Henry Paulson heard skeptical statements from Senate Banking Committee members when they went to Capitol Hill Tuesday to plea for passage of the plan.

Meanwhile, Bush's chief spokeswoman, Dana Perino, revealed the president's thinking about a national speech and said the country is at risk of a "calamity" without bold action to calm down the markets and soothe nervous Americans.

Amid a rash of statements of anger and doubt about the administration bailout plan on Capitol Hill, Sen. Lindsey Graham said Wednesday that "it's not my job to just echo people being mad. I'm going to chose the bad choice over the catastrophic choice."

blah blah blah

[Democrats_win]

1. Shoot, the past 8 years are a calamity. Same old stuff. Bushwacked.

[monmouth]

2. I don't pay a whole hell of a lot of attention to a guy with a 19%

approval rating who's begging for money for his and his friends "retirement." I would listen to him if it were his last words before being dragged off to the Hague...

[ladjf]

3. Thanks but no thanks to Bush.