Noirwomannews’s Weblog

October 7, 2008

Thanks Mr. President!

Filed under: Politics — noirwomannews @ 6:14 am
Tags: , , ,


President George Bush said we are in a serious financial crisis, in other words everybody is broke or headed that way, and he intends to bail out the corporations in order to protect the consumers and foreign investors.


The clue came long before AIG, Merrill Lynch and others began to head in a downward spiral. Recently joining the crash team is Washington Mutual one of the largest savings and loans in the Country. They were purchased by Chase adding further injury to our economy.


Bush spoke of responsibility lying on corporations, bank lenders and individuals using poor judgment. There is truth to all of the above, yet how did the commander in chief not be informed of these problems prior to September? Several weeks prior Bush said we were facing challenging times.


What a difference a day makes, the country now requires immediate action from congress to save the future of Americans and our position in the world. Various press conferences during this year Bush stated our economy as being solid. . How is it that this country’s leader was unaware of a problem which took years to reach the point of financial disaster? While others expressed concern years earlier and suggested action needed to be taken.


Congress now has to approve 700 billion dollars to bail out the corporations and protect consumers as well as be accountable to foreign debts. And if this isn’t enough the American people were left guessing whether a debate would take place on Friday. Senator John McCain suspended his candidacy in order to assist Congress in reaching a deal in support of the BailOut. This didn’t happen, and who thought it would, the outcome weeks later for the Corporate Welfare Bill to pass.


Maybe someone should remind McCain he has been away from congress for nearly two years running his campaign. The American people deserved to hear these candidates debate. Fortunately the Senator did show up for the debate. The running should have taken place to offer assistance in helping the current administration avoid the financial catastrophes while blinded eyes existed over the past eight years.


While McCain rushed to show his ability to lead us to victory in Congress, Governor Palin is still reads from the politics for dummies manual on the talk show circuit, and a regular on Saturday Night Live, with her own words being used. This entire situation is completely out of Comedy.  Barack Obama was not sure if he will debate McCain or conduct a town hall meeting in Mississippi. He and McCain did debate, however it was not memorable for either candidate. The issues on the table, but neither offered any real sizzle in the first debate.


In addition to an increased unemployment rate announced, high gas prices, food cost increasing, major financial institutions crashing; the last thing the American people need is one more uncertainty in life.


McCain decided to attend the debate forum. Good decision.




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