The Bush Speech

The White House: The Speech by President Bush on the Wall Street Bail Out. The main line is the following, " As a result, our entire economy is in danger. So I've proposed that the federal government reduce the risk posed by these troubled assets, and supply urgently-needed money so banks and other financial institutions can avoid collapse and resume lending. " The Bush Administration was right about its reaction to 9/11, the Wars in Afghanistan and Iraq, the use of extreme methods to get information from terrorists and many other good policies but this move to protect Wall Street is wrong, its not conservative, in fact in makes the Great Society programme of President Johnson look moderate and conservative. The Congress should oppose this plan.