Thursday, September 25, 2008

Reaction to President Bush’s Speech

Last evening President Bush finally went on the national airwaves to face the American people to try and explain to them why we should support his rescue (bailout) plan. He spent exactly 12 minutes reading from a prepared speech to the American people. He said that there was no other choice. He blamed it all on struggling home owners. He clearly took no blame for the state of today’s economy.

The American people clearly understand that we have no choice at this point in time. We are forced into having to bailout Wall Street to save our economy but we don’t have to be happy about why this came about. We should demand oversight and the CEO’s of any corporation that request a bailout should be punished for their reckless behavior. Something should be done to limit the size of these major corporations so this does not occur in the future.

Senator McCain is trying to use this as a reason to put a stop to Friday’s Presidential Debate because he knows that there is no defense for his party’s behavior over the past eight years. If asked questions about how to fix the economy his lack of knowledge will come through only to clearly for the America people to see. Clearly Senator McCain is not the man to be president at this moment in history.