President Bush finally admits we're in a recession
By SilentPatriot Friday Dec 05, 2008 4:00pm
I guess one can only hide from reality for so long.
President George W. Bush publicly acknowledged for the first time Friday that the U.S. economy is in a recession and worried aloud that Detroit's Big Three automakers may not all survive their mounting troubles.
Four days after the government made the long-suspected existence of a recession official, Bush used the word himself.
"Our economy is in a recession," Bush said flatly, speaking to reporters on the South Lawn only hours after the release of a government report showing the biggest month of job losses in 34 years. "This is in large part because of severe problems in our housing, credit and financial markets, which have resulted in significant job losses."
I wonder how long it takes before the rest of the 28%ers come around to the same conclusion. Place your bets in comments.
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this is certainly an unclean situation and i protest!
He doesn't even know what a recession is and doesn't really care. Won't affect his ass. I give his koolaid drinking supporters until Obama is sworn in before they admit it and then it won't be GeeDubya's fault.
Got news for you friend. He is already saying that. Nothing is this mother's fault. He blamed his daddy and Clinton as usual. Never takes responsibility for anything. I would respect him if he said I just didn't do my job. I sat on my lazy ass getting a pension while I had my sons of bitches do my job. I hate to read you know. Yeah I would have had more respect. And to think this country almost wanted to continue the mess with McCain because the base of the republican party loves that Moose Momma. I think even the intelligent republicans couldn't take that knowing it would lead to Palin as president.
Only problem is, he was referring to the 2001 recession.
(At this rate, I estimate he'll start admitting he f*cked up with the invasion of Iraq in about 2010.)
because Reagonomics, trickle down economics, voo doo economics doesn't work.
i predict that the first person who comes up with toilet paper thats made to look like us dollars and you can wipe your hump with will make a fortune if the coloring doesnt come off on your bumb!
custom prited toilet paper!
http://www.jeremyinc.com/
I didn't think he could admit to anything, but he had to. that's the only way he would. other wise, it's everyone else's fault.
Duh, that is what he already has said.
Credit is available in the right sectors, to solvent people and businesses.
Haven't you been paying attention? Of course the 28%ers know there's a recession on, they just call it the "Obama recession" (now they don't have to call it the "Clinton recession"). It's not like the Republicans had anything to do with it. Next on the agenda, the line "Bush had the Iraqi war won and done til Obama screwed it up!" These guys are very predictable in their pathetic jackassery.
Bush is such a cowardly piece of excrement. Of course he'll admit to anything, now that he's on the way out. Even though this recession has been going on for a year now. This worthless dry drunk will NEVER admit to any error on his part. He's blameless. A true sociopath.
It's a depression. It's been a depression for 18 months! And any amount of F#$%ing newspeak bullSh*t isn't going to make it better. Jeesus, America. Wake the f!@# UP!
People are up. What the hell do you want us to do. We voted for a new president. What else can we do. Please tell us. I sure am scared to death like a lot of people on these blogs. We wonder if next month we will be able to even afford to get on line. So tell us.
So it's no longer a "rough patch"?
He thought they were talking about the recession of his hair and gumlines.
As for the "rough patch" placenta lotion cleared that right up.
http://www.stinque.com/2008/12/05/cheney-firm...
I wonder what they did with Dicks Cheneys heart after his transplant?
Funny thing... when they cut him open, they didn't find a heart... just Halliburton's stock portfolio and a few dried up old beans.
Heck-of-a job there Bushy!
The words that come out of his mouth are either lies or sheer stupidity (much like another Republican we've all been hearing too much about, and from).
This is a depression, not a recession:
http://girldujour.wordpress.com/2008/12/05/th...
Bush is so out of touch with what is going on. Yesterday he and Laura purchase a new 8000sf home in Preston Hollow--a very expensive part of Dallas.
http://girldujour.wordpress.com/2008/12/05/re...
...and you shouldnt either!
Bush is not moving to Dallas, the Bush family has bought land in Paraguay. ...a place that has tough extradition laws
Bush buys land in Paraguay
http://www.plenglish.com/article.asp?ID=%7BEB...
Now he can rub e;bows with his grandfather prescott bush"s Nazi buddies
As a native-born Texan who has lived in Dallas since I was a larvae, and now live in Plano, right outside of Dallas, I hope that Connecticut Yankee boosh never moves back here. Although I normally don't do this, if I accidentally met him, I'd probably cuss him out up one-side and down the other, and accuse him of treason.
I don't think his welcome will be warm in Dallas, except maybe in that suburb. Dallas voted for Obama, even though mcgramps did win Texas.
Sweetie, he doesn't calm to be a yankee he is a TEXan. Haven't you noticed with those cowboy hats and boots. Na that boy ain't no yankee. Ya'll can keep him we don't want him. He has been your governor. Some of ya'll could have warned the country but ya'll didn't. When Dan Rather tried to bring the truth out they crucified him. No we got suckered in by you TEXans.
I say send the whole Bush clane and make sure they all stay there including Jeb. By the way as if W hasn't done enough damage he has suggested that the republicans run a shadow government. Dare the mother fer to say something like that. His brother has ruined this country and he wants to have a shadow government. Wow what nerve. Jeb can't even take care of his druggie daughter.
Deadenders will not admit we're in a recession OR that shrub is to blame. They are too busy trying to prove Obama isn't a natural born citizen. Cause you know, that's really important in these end times.
does this mean that the bailouts for Wall Street and the Big Three are coming from the credit card again? Just what limit have the Chinese put on the national card, and are the minimum payments still $24.00 a month?
...how this idiot managed to get elected again?
The "threat" of gays getting married.
I say let them get married. They will help build up the economy. They will spend money on a reception hall, food, dancing etc, etc.. For christ sacks let them alone and let them get married. They aren't hurting my marriage. Religious zealots are afraid. I guess they have a few in their mist. Remember the last big minister that got caught. Now is says he isn't gay any longer. Yeah right. I feel sorry for him. He can no more change who he is than I can change being straight. You are born that way.
the 28%ers duh?
that's N E V E R .........
they are still riding those dinosaurs !
its magic....but please show me when the market has ever been free
when you give tax breaks and create welfare programs for big corporations...how is that free?
Even getting fired would keep the 28%ers from blaming democrats and minorities.
don't you mean the 28%ers will blame the
democrats and minorities?
Wait until China and a few other Asian nations devalue their currencies.
http://market-ticker.org/archives/674-Aw-Crap...
ass hole in the whole country to be their leader?
This nation really has it's head up it's ass. We, maybe, deserve what we got. We let our nation dumb down to the lowest moron. WY, ID, KS, Nebraska and the other south east states are now properly represented by this clown.
What a shame we have become.
Friend I can honestly say I did not vote for this idiot in 2000 or 2004. I have clean hands. I tried to tell people not to vote for him but no they thought he was just the kind of a guy you want to have a beer with. I live in TN and am one of the few who voted for Obama. I proudly have my bumper sticker on my car to show I voted for him. The lowest moron voted for McCain/Palin most likely because they are racist and or bedroom issues. Clean and to the point. You ask them why they would vote for McCain who wants to continue what Bush has been doing and they say I don't want a black president or I don't want socialism. Try to explain to them different they won't listen. Well as soon as President Obama gets in maybe we will start to see some changes for the better. I ask some aren't you concerned that Bush policies have hurt this country overseas? They don't care. They only are concerned about their own area and they own job. They don't understand the big picture.
From Bloomberg News:
http://www.bloomberg.com/apps/news?pid=206010...
Unemployment actually at about 12%
http://market-ticker.org/archives/675-Quick-T...
Bottom line - 12.2%, up 1.1% since last month and 4.1% in the last 12 months, or a rise of 50% (!)
This is all unemployed plus all "marginally attached" workers (those working part-time who would like a full-time job, as a percentage.
This, the "non-adjusted" number, is the actual unemployment rate as reported before the BLS (government) started dicking with the numbers, and best matches unemployment as reported in, oh, the 1930s.
No, this isn't a Depression print - yet. But it sure as hell is a serious recession print, and remember kids, unemployment is a lagging indicator, being 6-12 months behind the actual economic condition.
...that bin Laden said his intent was to bleed our economy to death, as had been done to the Soviets?
http://www.cnn.com/2004/WORLD/meast/11/01/bin...
Seems to me to be the 900 lb gorilla in the room.
bin Laden didn't come up with the Amero. The elites did.
the only way the powers that be can usher that new currency in is by destroying the old one.
which is what is in process now.
OK, but the statement still seems strikingly prescient. Maybe the war was just a means to *that* end? And I guess it's common knowledge that the bin Ladens and Bushes have ties going back roughly a decade or two?
Fri, 12/05/2008 - 18:55 — verichips n dip
Seems to me to be the 900 lb gorilla in the room.
How much does his turds weigh?
Sounds like a neato new way of reciting Little Miss Muffett.
That is not Osama bin Laden. I thought people knew that by now.
The most encouraging sign to so many of us is that this lame ass lame duck will be leaving office in a matter of days. we knew he would do this to our country in 2000, and eight years later he still can not accept let alone admit one tiny bit of blame.
I am so glad he told us he "is not the type of president that will leave problems for the next administration". remember that line?
Sadly, yes. Despite my best efforts to forget anything associated with him, memory yet persists.
I had a bit of a falling out with a good friend on election day 2004. She thought it was amusing that the election was so close. She voted for Bush and had no idea why I was so upset. I told her what was going to happen to our country if this asshole was re-elected and everything I told her has come true. But you know, she just doesn't like the way democrats take care of the people (her words) and of course she is anti-choice but thinks homosexuality IS a choice. Ah, nothing like a good republican thinker.
Yep that's one of those 28% that think Bush did a great job. I actually have an highly educated sister that thinks that way to. She and one other sister are republicans. I figured out they both experienced marriage problems and they both worked it out now both couples go to church every sun and listen to the priest telling them what to do. I always used to go to church and now I have stopped going because I don't want my priest getting involved in politics. So now I pray at home and say my rosary. I think they are a bunch of hypocrites. Funny thing since when did god become a republican? He would be very upset to see these republicans.
Are you paying attention to the last minutes signings he is doing? I this man has no shame.
i would like to think that the incompetent has finally come to realize the damage wrought by the extent of his incompetence has brought us to. But I actually think he knew all along what the result would be and he was only building upon his legacy. If he could not be the best, what a title, the worst ever. And the winnah is...
You Betcha he did. That's why I say is should be in jail. He is a lazy man. People should have realized after the first 4 yrs. He isn't curious enough. Republicans seem to like their presidents that way. Damn the intelligence.
They knew who he was, how he was. The ideal puppet. And he went along with it because becoming President of the US was a done effortless deal. "Make me President to impress my Daddy. I'll give you anythin you want" Each party got its satified promise
It was a trade off. The goal was to knack the American National Treasury, like the Mafia with the AFL-CIO pension funds. Under the camouflage of religion and patriotim, some honest American got taken. They clean up the Goverment cash. Look where we are today. All those supporters of his, profited directly or indirectly from the Bush presidential position.
Well now that Bush the god of Dip-shit admits it, fox news and the 28%ers can now get on the same page as us. Just think if they would've listened to us 5 years ago........Oh well.
very personal for this man. Not only is he facing imminent unemployment but he has discovered that absolutely no one is willing to pay for any post-presidential speaking engagements because of the high cost of interpreters. The grapevine says his Crayola spokeperson deal is on shaky ground too.
LOL. I needed that.
Bloody hell, that was the flattest, most unemotional delivery I think I've ever seen out of Bush, like he's sleepwalking through the next two months. This man so obviously doesn't give a rat's ass about the recession, the 'root causes', solutions, or even the rest of his term. If only we didn't have to wait until January 20th to actually have a President again.
Maybe he was sauced.
The day after it's announced he's buying a mansion in North Dallas,
http://www.thesmokinggun.com/archive/years/20...
he announces the country is in a recession. Will it ever be obvious to the 28 percenters that the Crawford ranch was nothing more than a prop?
Are you kidding? They will never admit he is wrong about anything. This man should be in jail. Not because he is an ass but because he sat in his office and did nothing. He saw it coming and did nothing. Just like Katrina. Nothing because he did and doesn't care for the middle class and especially the working poor who have known for over a year now because they have been struggling more than any group. They don't have far to fall. Now that the college educated middle class is feeling it they will understand. I am not mad at the middle class or the working poor. Main street is getting the shaft. Bush goes off to Dallas and buys a $2,000,000. house on the cheap. When it comes time for Bush to meet his maker I hope he will have a panel to judge him. The panel should be made up of the soldiers that died in Iraq for Oil and children of Iraq. Then let god give him his punishment. I don't think the gates of heaven will be open to him.
He must be drinking heavily. Why is he in an overcoat, standing in the driveway and only seen in a long shot from far away? He is usually filmed fairly close in, looking right into the camera. His speech is rambling and slightly slurred, like he's been drinking or broke a tooth or something. He looks like some bum that got thrown out of a party....we deserve better. bdull
Holy recession, Batman! These goons are too slow in admitting their mistakes.
We're workin' folks. There are some encouragin' signs.
F*CK YOU GEORGE BUSH!
Right on! How are we ever supposed to use our tax dollars to pay off the deficits including the bailouts when there are fewer and fewer jobs left??
"The fundamentalsh of this recession are shtrong... hehehe."
Can't wait until January 20, 2009... the end of an error... an error of epic proportions.
That M.....F....R is going to walk away with nice tidy little pension.
I have a family member in this group. She told me yesterday that Bush will end up a great president in years to come. They will never realize or admit the truth about him no matter what. Their heads are in the sand and that is where they are staying.
And this putz will build a library to polish his legacy.
Might as well, I guess, the back issues of the Bullshit Chronicles will have to have a home somewhere.
Too bad the pretzel failed.
That's why we attacked Iraq.
They were making a chain of Uncle Saddam's Homemade Pretzel factories.
Ah, the IRONY of a Bush presidential Library being built after this man leaves office. It kills me. This from a pres. who admits that he doesn't like to read. The neo-con tinged GOP implies that books are for liberal academics, no good for the goopers !
Oh, except for "My Pet Goat", maybe.
Oops, I forgot to add:
dang ! After having watched the video, my goodness, that's a whole lotta slurring and word-stumbling (I mean, more so than usual). Holy moley.
Sorry ass mothefucker!
He is always "concerned" and "there are some encouraging signs"
I like to know where.
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