http://www.swamppolitics.com/news/politics/blog/2008/11/president_bush_economic_turmoi.htmlPosted November 22, 2008 1:00 PM
The Swamp
by Mark Silva
President Bush has gone to Peru.
But Bush, making his last scheduled trip abroad as president, has not gotten away from the economic crisis that has beset his nation and many others near the close of his presidency.
"Thanks for letting me come by,'' Bush said today in Lima, in that characteristically familiar way the retiring president has of greeting fellow world leaders.
But there was nothing casual about the president's remarks to the assembled leaders of 20 other nations at the Asia Pacific Economic Cooperation summit. The annual summit for Pacific-rim nations convenes at a time when even the fastest growing economies in the world, such as China's, are suffering from a global slowdown in business.
"This summit comes at a serious time during economic turmoil,'' Bush said today. "It is -- also comes at a time of unprecedented cooperation. A week ago in Washington, you might have heard that I had the honor of hosting a summit in what will be the series of international summits to address the financial crisis. I didn't believe we could solve all problems in one meeting, but I did believe it was important for us to host the initial summit to get it started, to lay the foundation for successful -- for meetings.''