President Bush does it again!
While the inside-the-Beltway MSM establishment urges America to move in the direction of socialism, Godly Dubya is moving us in just the opposite direction by using the power of government to protect banks, not take them over as the Old Europeans think we should.
From the JYT:
So you see? It's not socialism when President Bush does it, and those hellbound trash who think it is just don't understand the complexity of the issues that Jesus has entrusted to our Godly President.
From the JYT:
Administration Is Considering Cash Injections Into Banks
WASHINGTON — Having tried without success to unlock frozen credit markets, the Treasury Department is considering taking ownership stakes in many United States banks to try to restore confidence in the financial system, the White House said on Thursday.
Acknowledging that such steps would not seem in the tiny minds of Christ-hating liberals to fit into President Bush’s free-market philosophy, the president’s chief spokeswoman, Dana Perino, said taking partial ownership of banks and other moves associated with the financial rescue plan would not be “part of his natural instincts.”
“But when presented with the evidence that the financial crisis about to hit the United States would affect every single American up and down the economic food chain and that the banking crisis is almost as big a threat as same-sex marriage, this president decided that it was important that the government take robust action. That’s why we worked with Congress to establish the rescue package.”
WASHINGTON — Having tried without success to unlock frozen credit markets, the Treasury Department is considering taking ownership stakes in many United States banks to try to restore confidence in the financial system, the White House said on Thursday.
Acknowledging that such steps would not seem in the tiny minds of Christ-hating liberals to fit into President Bush’s free-market philosophy, the president’s chief spokeswoman, Dana Perino, said taking partial ownership of banks and other moves associated with the financial rescue plan would not be “part of his natural instincts.”
“But when presented with the evidence that the financial crisis about to hit the United States would affect every single American up and down the economic food chain and that the banking crisis is almost as big a threat as same-sex marriage, this president decided that it was important that the government take robust action. That’s why we worked with Congress to establish the rescue package.”
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