« Mergers Arbs Balking at BAC/MER Deal | Main | AIG's Non-Bailout and Nick the Knife »

Latest Stories

• Excel Wankers and Recession Averages
• Sorry, New York is Closed. Check Back Later.
• Catching Falling 2009 Earnings Estimate Knife
• Survivorship Bias in Global Markets
• Talking Positions on a Lazy-ish Retirement Portfolio

September 17, 2008

Bush: Markets Need to Speak With a Louder Voice

I'm not the only one noticing President Bush's wrong-headed reluctance to say anything with respect to the current market meltdown. Check this Dow Jones story.

On Tuesday [when AIG news broke], Bush dismissed a reporter's shouted question on AIG. In a photo opportunity with General David Petraeus Wednesday, Bush focused on the attack on the U.S. embassy in Yemen. Later, after meeting Panamanian President Martin Torrijos, he called on Congress to pass a trade agreement with Panama.

"The Panamanian economy is strong," Bush told reporters.

As the press was ushered out of the Oval Office following the Torrijos meeting, one reporter noted to the president that he hasn't taken questions recently.

"I can't hear what you said," Bush told the reporter. "You've got to speak with a louder voice."

Sphere It   |   Digg it   |   Bookmark it   |   Stumble it   |   Facebook it