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Thursday, October 9, 2008

Fearless Leader To Speak


Bush to make statement Fri after market volatility

President George W. Bush will make a statement on Friday morning to assure Americans that every action is being taken to stabilize the financial system, a day after the U.S. stock market tumbled more than 600 points.

"Following the market's continued volatility this afternoon, the president will deliver a statement in the Rose Garden tomorrow morning," White House spokeswoman Dana Perino said on Thursday.

"He will assure the American people that they should be confident that economic officials are aggressively taking every action to stabilize our financial system," she said.

The Treasury Department is "moving quickly" to improve liquidity to ease the credit crisis, Perino said.

Bush will make the statement at about 10 a.m. EDT (1400 GMT), she said.

Source
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Dana's job must really suck sausage about now.

Well here are my predictions:

  • Bush will say he has decided to take decisive action.
  • Bush will say everything will be ok in the long run but we have to "tough it out".
  • Bush will say the new legislation will slow down any down turn ( he won't say it will stop it or reverse it.)
And of course the obligatory "Goodbye and God Bless".

I wonder if I could run for president?



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