First Bush said there was no recession and no way possible the U.S. could be headed for a recession. Now look what he is saying?
If anyone is "waffling" on the subject matter of running this country it's bush.
Man this idiot just boils my water. I swear!!
And to think idiots want another idiot and their accomplice in the white house in 09!
Bush Says 'Economy In Danger'
In a televised address Wednesday, Bush admonished lawmakers over their ongoing skepticism toward his administration's proposed bailout.
Bush, pressing urgently for the bailout, said that the nation faces a "long and painful recession" if Congress fails to act.
"Our entire economy is in danger," he said.
He warned that failure to act could result in wiped-out retirement savings, rising home foreclosures, lost jobs and closed businesses. He also said there could be "financial panic" if the crisis isn't solved.
His move was aimed at explaining the package to the American public, but also to keep pressure on frustrated and angry lawmakers to work out a bipartisan deal fast.
Bush said the goal is to help the government buy up troubled assets so that credit can start flowing again and the economy will rebound.
Bush stressed that he was reluctant to put taxpayer money on the line to help businesses that had made bad decisions and that the rescue is aimed at helping the country, not saving individual companies.
Bush also said in the 12-minute speech from the White House's East Room that he has invited presidential candidates Sens. Barack Obama and John McCain to attend a meeting Thursday with congressional leaders going over the administration plan
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