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bush to speak tonight
brooklyneast05
post Sep 24 2008, 04:01 PM
Post #1


I'm Jc
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QUOTE
NEW YORK (CNN) -- President Bush will deliver a prime-time televised speech Wednesday night to pressure Congress to pass a $700 billion plan to bail out Wall Street, the White House announced.

Bush's speech is set to begin at 9:01 p.m. ET and will take just less than 15 minutes.

Federal Reserve chief Ben Bernanke warned Wednesday that the Wall Street crisis is the worst the nation has faced since the end of World War II and urged Congress to take action on a proposed bailout package.

Congress is considering whether to allow Treasury Secretary Henry Paulson to use federal funds to buy up to $700 billion in mortgage-related securities and other assets that have caused turbulence on Wall Street and have undermined credit markets worldwide.

But Paulson and Bernanke faced deeply skeptical lawmakers, including members of Bush's own party, when they pitched the plan before congressional committees Tuesday and Wednesday.


are you going to watch bush try to convince everyone tonight?

are you in favor or against the bail out right now?

 
 
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DoubleJ
post Sep 24 2008, 06:59 PM
Post #2


The Resident Drunk
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I will be in class tonight, but I am looking forward to your insight JC.
 

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