Chicago Sun-Times
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Bush attempts to calm frantic markets

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MEMPHIS--President Bush in brief remarks on Friday morning, urged Congress to move quickly on a bailout package.

"The legislative process is sometimes not very pretty, but we are going to get a package passed," Bush said.


PRESIDENT BUSH: Good morning. My administration continues to work with the Congress on a rescue plan. And we need a rescue plan. This is -- it's hard work. Our proposal is a big proposal. And the reason it's big and substantial is because we got a big problem. We also need to move quickly.

Now, any time you have a plan this big that is moving this quickly, that requires legislative approval, it creates challenges. Members want to be heard. They want to be able to express their opinions, and they should be allowed to express their opinions. There are disagreements over aspects of the rescue plan, but there is no disagreement that something substantial must be done.

The legislative process is sometimes not very pretty, but we are going to get a package passed. We will rise to the occasion. Republicans and Democrats will come together and pass a substantial rescue plan.

Thank you very much.

Q Mr. President, why are your Republicans not with you?

(No audible reply.)

END.

3 Comments

What did President Bush say? 'Pretty' much of nothing!

Lynn,
I understand that Secretary Paulson is pushing for foreign banks to be able to get part of the $700 billion of the "bailout package." Is that a politically smart move for any Congressman or Senator to vote to give American tax dollars to foreign banks?

THANK GOD BUSH IS IN LAME DUCK STATUS!
GO BACK TO TEXAS DEAR GEORGE AND STAY THERE!
LAURA BUSH IS A CLASS ACT!

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Lynn Sweet

Lynn Sweet is a columnist and the Washington Bureau Chief for the Chicago Sun-Times.

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This page contains a single entry by Lynn Sweet published on September 26, 2008 9:03 AM.

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