Friday, September 26, 2008

I've seen this speech before!

On Wednesday evening, W addressed the nation to garner support for his Administration's $700,000,000,000 bailout plan for the troubled financial industry:
"... More banks could fail, including some in your community. The stock market would drop even more, which would reduce the value of your retirement account. The value of your home could plummet. Foreclosures would rise dramatically. And if you own a business or a farm, you would find it harder and more expensive to get credit. More businesses would close their doors, and millions of Americans could lose their jobs. Even if you have good credit history, it would be more difficult for you to get the loans you need to buy a car or send your children to college. And ultimately, our country could experience a long and painful recession.
[President's Address to the Nation, 24 Sep 2008...
(as noted previously, I don't watch W anymore - but I do read his speeches)]
The dire warnings regarding the potential implications of Wall Street meltdown sound vaguely familiar... hmmm.

Oh, now I remember:
"If we were to allow our enemies to prevail in Iraq, the violence that is now declining would accelerate and Iraq could descend into chaos," Bush said. "Al-Qaida would regain its lost sanctuaries and establish new ones fomenting violence and terror that could spread beyond Iraq's borders, with serious consequences to the world economy."
[President Bush Discusses Global War on Terror, 19 March 2008]
A leopard cannot change its spots:
What W has to sell is FEAR. Nothing else.

Stop the madness!

p.s. This is yet another admission by W that his Administration has been a failure, tho' no one seems to be emphasizing this admission!

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