rssObama Talks Bailout with Bush
Tuesday, September 30, 2008 at 1:20 pm
- 2 Comments
Reno, Nev. – Sen. Barack Obama spoke with President George W. Bush this morning about the proposed bailout plan, in advance of a university rally here.
The Democratic nominee spoke with the president “about the need to push for a package that Congress can agree on,” Obama spokesman Robert Gibbs told the traveling press corps. “Sen. Obama specifically brought up his proposal to increase the amount of money that is federally insured in order to more fully protect small businesses and families concerned about their savings,” he added, “believing that such a proposal can broaden the coalition supporting the package.”
There was no word, of course, on Bush’s side of the conversation.
While Obama is not shifting any campaign events in response to the failed bailout vote, his aides arranged a trio of taped interviews with the TV networks after today’s rally. Obama will take questions from ABC, NBC and CBS on what comes next for the bailout plan.
“While the decline of the stock market is devastating,” Obama is planning to say at today’s rally, according to prepared remarks, “the consequences of the credit crisis that caused it will be even worse if we do not act — and act immediately.”
Unlike his rival, Obama thinks he can be most effective galvanizing support for that immediate action by taking his message to the public — through events and national media appearances — rather than whipping votes in Washington.
2 Comments
Comment posted September 30, 2008 @ 6:34 pm
THE WALL STREET BAILOUT IS A TRAP:
YOU DID THE RIGHT THING people by stopping this 700 billion dollar bailout of Wall Street with your money. It's a trap set by the Bush McCain administration years ago to spring on you, and the World just before the November elections. It will cripple our economy for years to come by taking away money from important social programs like health care reform, education, and social security.
What ever congress does to try and fix our stunning economic catastrophe needs to be done very carefully. Congress needs to take their time, and be sure of what they are doing. Whatever is done needs to be sharply focused at helping, and protecting the best interest of the ordinary Americans. In particular the vast American middle class. 700 billion dollars is a lot of the peoples money to spend to bail out a bunch of corrupt Bush loan sharks.
When have you ever known any government plan, or project to only cost what the government said it would. Remember the war in Iraq. Bush and his so-called advisers said it would only cost you about 80 billion dollars. But we now know that the war in Iraq will cost you, and your children, and your grand children over a trillion dollars, and still counting.
So if 80 billion can end up costing you over a trillion dollars. How much could 700 billion end up costing you. Any math wizards out there. I come up with 9 trillion…:-(
My fellow human beings, just as I warned you ahead of this catastrophic economic meltdown, I must now warn you that what is ahead has the potential to be even more catastrophic than what we are going through now. The worlds geopolitical landscape has been booby trapped by the Bush McCain administration and their republican allies in congress. These booby traps are poised to spring at any time.
Fortunately the Worlds Nations have been blessed with many excellent leaders (except the US) who have been careful, wise, strong, and self-restrained in dealing with the provocations, and antagonism's of the Bush, McCain administration.
Barack Obama and the democrats are your best hope now. Tell your family, friends, and everyone you know to support them as best you can, and vote for them like your life, and the lives of your loved ones depends on it. Because it does. You will not survive 4 more years of Bush McCain.
JACK SMITH – WORKING CLASS…
Comment posted October 1, 2008 @ 1:34 am
THE WALL STREET BAILOUT IS A TRAP:
YOU DID THE RIGHT THING people by stopping this 700 billion dollar bailout of Wall Street with your money. It's a trap set by the Bush McCain administration years ago to spring on you, and the World just before the November elections. It will cripple our economy for years to come by taking away money from important social programs like health care reform, education, and social security.
What ever congress does to try and fix our stunning economic catastrophe needs to be done very carefully. Congress needs to take their time, and be sure of what they are doing. Whatever is done needs to be sharply focused at helping, and protecting the best interest of the ordinary Americans. In particular the vast American middle class. 700 billion dollars is a lot of the peoples money to spend to bail out a bunch of corrupt Bush loan sharks.
When have you ever known any government plan, or project to only cost what the government said it would. Remember the war in Iraq. Bush and his so-called advisers said it would only cost you about 80 billion dollars. But we now know that the war in Iraq will cost you, and your children, and your grand children over a trillion dollars, and still counting.
So if 80 billion can end up costing you over a trillion dollars. How much could 700 billion end up costing you. Any math wizards out there. I come up with 9 trillion…:-(
My fellow human beings, just as I warned you ahead of this catastrophic economic meltdown, I must now warn you that what is ahead has the potential to be even more catastrophic than what we are going through now. The worlds geopolitical landscape has been booby trapped by the Bush McCain administration and their republican allies in congress. These booby traps are poised to spring at any time.
Fortunately the Worlds Nations have been blessed with many excellent leaders (except the US) who have been careful, wise, strong, and self-restrained in dealing with the provocations, and antagonism's of the Bush, McCain administration.
Barack Obama and the democrats are your best hope now. Tell your family, friends, and everyone you know to support them as best you can, and vote for them like your life, and the lives of your loved ones depends on it. Because it does. You will not survive 4 more years of Bush McCain.
JACK SMITH – WORKING CLASS…
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.
