
Called out by Chris Matthews, of all people, Bush finally pops out of his hidey hole:
The American people are concerned about the situation in our financial markets and our economy, and I share their concerns.
…
In recent weeks, the federal government has taken extraordinary measures to address the challenges confronting our financial markets. We’ve taken control of Fannie Mae and Freddie Mac… This week, the Federal Reserve acted to prevent the disorderly failure of the insurance company AIG — a development that could have caused a severe disruption in our financial markets and threatened other sectors of the economy. Yesterday, the Security and Exchange Commission took action to strengthen investor protections and step up its enforcement actions against illegal market manipulation. Last night, the Federal Reserve, in coordination with central banks around the world, took a substantial step to provide additional liquidity to the U.S. financial system.
“And tomorrow, we’ll start printing money to pay off all these debts, and by the time you’re pulling out that $100 bill to pay for a gallon of milk, I’ll be relaxing in my new condo in Dubai.
So long, suckers!”
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