Financial Fix?

Economy Bush Treasury Secretary says "hundreds of billions" of dollars are needed to resolve U.S. financial crisis.

by The Associated Press

Published: Fri, September 19, 2008 - 9:05 am CST Last Updated: Fri, September 19, 2008 - 9:07 am CST

WASHINGTON (AP) - President Bush has told the nation his
administration is taking "unprecedented action" to deal with the
ailing financial markets.
Bush said he appreciates the willingness of Congress to work
with the administration to address the crisis "head on."
The president spoke publicly for the third time this week about
convulsive developments in the business world. He was joined on the
White House steps outside the Oval Office by Federal Reserve
Chairman Ben Bernanke, Treasury Secretary Henry Paulson and
Securities and Exchange Commission Chairman Christopher Cox.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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Razorsharp Says:

Fri, Sep 19, 2008 at 10:19 am

I find it interesting that it takes them so long to decide to actually act to solve the economic problems that this country faces. But I guess since most of them were raised with silver spoons in their mouths, they really could care less. I mean, we as tax payers are funding their multi-million dollar salaries so that they can have multiple houses, cars, planes, vacations, and mistresses. So, it is a win win situation for them. They don’t really seem to accomplish much in their meetings…just wasting tax dollars. Meanwhile, we are all struggling just to keep our heads above water. Something is horribly wrong with this picture. I have always wanted to ask any random politician “what exactly is it that you do”? “Not your job title, but what do you actually do during the course of one day”? I would like to actually sit in his/her office and watch what our tax dollars are doing…anyone else?