The extremely summarized Bush press conference
Tuesday, President Bush addressed the Fannie Mae and Freddie Mac crisis and the economy at large. In remarks to reporters, Bush endorsed the efforts of Fed chairman Ben Bernanke and Treasury Secretary Henry Paulson to curb an economic crisis set to rival Armageddon (the movie, considering an asteroid nearly destroying the Earth couldn't possibly have been good for the market). For those unable to watch the presidential press conference, 23/6 offers this extremely summarized version.


Filed under: Bush recession, Bush economy, Bush economy speech, George W Bush economy, Bush Freddie Mac, Bush Fannie Mae, Bush Fannie Mae bailout, Bush Freddie Mac bailout, Freddie Mac, Fannie Mae, Fannie Mae bailout, Freddie Mac bailout, foreclosure, foreclosure rate, mortgage crisis, subprime mortgage crisis, Freddy Mac, Fed bailout, Henry Paulson, Ben Bernanke, Federal Reserve, Business



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