Bush to Meet with Plunge Protection Team on Monday

March 16th, 2008

This is a crisis management situation, no doubt about it.

Via: Reuters:

President George W. Bush plans to meet on Monday with top U.S. financial policymakers, the White House said, at a time of increased strains in credit markets and fears of a recession.

The White House said on Saturday Bush will meet members of the President’s Working Group on Financial Markets, and a spokeswoman said Bush will get a status report on the markets.

Posted in Economy | Top Of Page

2 Responses to “Bush to Meet with Plunge Protection Team on Monday”

  1. Eileen says:

    What’s Bush going to do at this meeting? Shine everyone else’s shoes?
    TOTALLY OUT OF HIS SPAN OF KNOWLEDGE. The meltdown he himself created.
    George:
    Lesson 1. Cause- you do something 2. Effect. There are consequences.
    Its laizze fere economics mixed with physics.
    1.a. Cut taxes – no money goes to Treasury to pay for whatever the Treasury cuts checks for;
    b. Be a War Monger – wars are very expensive;

    2. Hook up with the Bankers – devise a scheme where the bankers will cook up money for you on their books – e.g. the subprime crisis- to give money to Wall Street that pays for your war!!
    a. its 2008 – not 1930 – remember, there’s all that information awareness! Wink! Wink! You can’t run dude. You can’t hide.
    b. Bankers – how do you like being screwed?
    3. Read your history – been there done that in the 1930’s – the bankers exacted their “tax” from the U.S. economy, by, how do you say this nicely? FAILING. What a CON-Ven-ient situation. No money. No nothing. Screw you people who put your money in our banks. We failed. So Solly.
    Go cry on Mommy’s shoulder. Your money is gone. so Sorry. Sorry you trusted us. Your problem.
    We get to write it off. Bankruptcy or whatever.
    4. Bush will be shining the shoes.
    5. This post of mine sucks but I’m leaving it here anyway.

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