We expected Bush to go crazy nuts and talk on and on and on. Boy were we surprised.
9:40:11 AM ohbabyitsbess: bushie in the house
9:41:15 AM ohbabyitsbess: “we have a big problem” [pause for smirk]
9:41:20 AM ohbabyitsbess: “we have a problem that needs to be solved” [pause for smirk]
9:40:30 AM ohbabyitsbess: god, do you not love how he always sounds like he’s doing stand up?
9:40:35 AM ohbabyitsbess: “There is no disagreement that something substantial must be done.” thank you captain obvious. that was unclear (except to bill o’reilly)
9:40:43 AM ohbabyitsbess: “we’re workin’ hard” [pause to internally add: "or hardly workin', oh yeah"]
9:40:53 AM ohbabyitbess: “we will rise to the occasion”
9:40:57 AM equityprivate: Opinions are like assholes.
At this point the address has ended.. yes… ended. Over.
9:41:11 AM ohbabyitsbess: what the fuck was the point of that
9:41:20 AM ohbabyitsbess: “we’ll rise to the occasion”
9:41:24 AM ohbabyitsbess: thank you and good night
9:41:38 AM equityprivate: Not very pretty. Someone told him about the Sausage and Laws joke.
9:41:50 AM equityprivate: Way too busy to talk for more than a few minutes, you know.
9:41:57 AM ohbabyitsbess: why is cnbc making a big deal of how he didn’t blame anyone?
9:42:02 AM ohbabyitsbess: the person to blame is mccain
9:42:03 AM equityprivate: CNBC, they are totally flabbergasted.
9:42:06 AM ohbabyitsbess: obvi he’s not going to do that
9:42:10 AM equityprivate: They are amazed its over.
9:42:19 AM equityprivate: They need a commercial to catch their breath.

Comments (43)

  1. Posted by guest | September 26, 2008 at 9:52 AM

    Too long, didn’t read.

  2. Posted by diablo | September 26, 2008 at 9:53 AM

    So what did Bush say? The markets seem indifferent.

  3. Posted by guest | September 26, 2008 at 9:54 AM

    too short, didn’t resolve financial crisis.

  4. Posted by guest | September 26, 2008 at 9:55 AM

    heh heh, you said “bush”

  5. Posted by guest | September 26, 2008 at 9:56 AM

    @diablo- he said we’ll rise to the occassion. seriously that basically all he said. it was 60 seconds and over.

  6. Posted by Phobos | September 26, 2008 at 9:56 AM

    @diablo
    Bush didn’t say shit.
    “We will rise to the occasion” was the longest sentence I believe; the whole of the event lasted about 4 minutes.
    I think it was more for us than the general public.

  7. Posted by guest | September 26, 2008 at 9:56 AM

    EP and Bess – Please include some content. The above reads like the two of you yapping in the ladies room.

  8. Posted by Henry Ryecroft | September 26, 2008 at 9:57 AM

    Must have been pre-booked in case there was a real shitstorm. Bushie went out, did a little soft shoe for 5 mins, then back inside.

  9. Posted by guest | September 26, 2008 at 9:58 AM

    Bess has a thing for EP

  10. Posted by mj | September 26, 2008 at 9:59 AM

    Anytime Bush says “were workin’ hard” I head out to buy canned goods and ammo.

  11. Posted by guest | September 26, 2008 at 10:00 AM

    Bush’s commentary:
    “We’re into Plan B. Still breathing? Now we have to make the best of it, improvise, adapt to the environment, Darwin, shit happens, I Ching… whatever man, we gotta roll with it…”

  12. Posted by guest | September 26, 2008 at 10:00 AM

    if this from his speech the other night? or did he talk today?

  13. Posted by Henry Ryecroft | September 26, 2008 at 10:02 AM

    He spoke today at 9:35. Shortest speech in the history of the world.

  14. Posted by diablo | September 26, 2008 at 10:03 AM

    @7
    EP and Bess have to rise to the occasion about live blogging. But I love Bess anyway.

  15. Posted by guest | September 26, 2008 at 10:04 AM

    The house Reps want the Dems to own this mess. Aint gonna work.

  16. Posted by guest | September 26, 2008 at 10:06 AM

    well, nothing at all is certainly better than something unbelievably stupid.

  17. Posted by guest | September 26, 2008 at 10:08 AM

    we’re so screwed…

  18. Posted by RAW DOG | September 26, 2008 at 10:09 AM

    @7 – Couldn’t agree more. Seriously, get with it girls.

  19. Posted by guest | September 26, 2008 at 10:09 AM

    @10.”we’re workin’ hard” reminds me of the hand-scrawled note I saw taped to the tire-inflation machine at the gas station yesterday: “Ain’t workin”.

  20. Posted by FUNdamental | September 26, 2008 at 10:10 AM

    bush said we have a big problem, so he wanted a big package….was he insinuating support for Obama? Because you know…his ummm. Package is more…substantial?

  21. Posted by guest | September 26, 2008 at 10:11 AM

    @raw douche– did you watch the address? all the quote are up there. THAT’S ALL HE SAID.

  22. Posted by guest | September 26, 2008 at 10:11 AM

    Mark Haines just lost his mind.

  23. Posted by RAW DOG | September 26, 2008 at 10:12 AM

    @FUN – Was that your best attempt to be funny? Yes, yes I think it was.

  24. Posted by guest | September 26, 2008 at 10:14 AM

    Can we get some RIMM action here?
    I’m totally convinced that the stock is falling off the cliff because the govt is going to start seizing blackberrys from everyone in finance. they ARE the weapons of mass financial destruction. people use them to conduct high level work when they shouldn’t be, like at dinners, football games, bars. they aren’t paying attention to what they are doing because they aren’t at work, at their desks. they are out drinking or something when they are expected to sort out big financial issues. how sensible can they be when compromised?
    can you imagine if Ben Bernanke set monetary policy by text?

  25. Posted by guest | September 26, 2008 at 10:16 AM

    Haines has turned into a real free marketeer this morning. Can the market slowly unwind itself while the Feds continue their DC pissing contest?

  26. Posted by guest | September 26, 2008 at 10:20 AM

    The only fair solution involves GS going to $0.00.

  27. Posted by FUNdamental | September 26, 2008 at 10:23 AM

    @ raw — then you’re not as dumb as you usually make yourself sound! Congrats.

  28. Posted by guest | September 26, 2008 at 10:25 AM

    26 -
    speak truth to power baby.
    Trilateral Comm, Masons aint shit.
    GS uber alles!
    Oh the fun in the mortageg backed dept raking over the yahoos from the S+L from dixie – then drinking at the River -
    Now we can fix it it. Trust us. F*ck them.

  29. Posted by guest | September 26, 2008 at 10:25 AM

    @24
    “cut rts afew bps. ttyl-BB”

  30. Posted by EricM | September 26, 2008 at 10:27 AM

    At least we made it through another one of these little Presidential hugs without, ‘I would like to urge all Americans to prepare for the rapture.’

  31. Posted by guest | September 26, 2008 at 10:42 AM

    @29 brilliant!

  32. Posted by guest | September 26, 2008 at 10:48 AM
  33. Posted by guest | September 26, 2008 at 10:51 AM

    The credit crunch, along with France, one of the Korea’s, Enron, Tom Daschle, those who mess with Texas, mathematics,and Evel Knievel, is now part of the axis of evil.

  34. Posted by guest | September 26, 2008 at 10:51 AM

    CLAY AIKEN returns to the scene of his triumphant Broadway debut as he reprises his role as “Sir Robin” from Sept 19, 2008 – Jan 4, 2009! The music superstar and best-selling author recently said, “Since leaving SPAMALOT in May, jokes have just not been funny. Food has lost its taste. The grass is no longer green – the sky no longer blue. And, babies WON’T stop crying!! I’m so excited about coming back to the funniest show in the world!”
    Mind if I push in your stool?

  35. Posted by NotNasser | September 26, 2008 at 10:53 AM

    24,
    Re RIMM,
    “the stock is falling off the cliff because the govt is going to start seizing blackberrys from everyone in finance.”
    If the govt starts doing that, won’t that create a scarcity without affecting demand? Won’t that increase the value of the commodity and thus of the stock?

  36. Posted by guest | September 26, 2008 at 10:54 AM

    i laughed so hard when i read bess’s “paused to internally add ‘or hardly workin…oh yeah’”. hilarious, bess, as per usual.

  37. Posted by guest | September 26, 2008 at 11:00 AM

    Don’t worry Cheney is staying in Washington this weekend to work on this thing.
    How about if we send Cheney and McCain out to hunt something and see who comes back.

  38. Posted by guest | September 26, 2008 at 11:01 AM

    He pulled out faster then Ron Jeremy.

  39. Posted by guest | September 26, 2008 at 11:01 AM

    Reporter (after McCain gave a speech mentioning CDS’s): Senator McCain, do you even know what a Credit Default Swap is?!
    McCain: Well, um, yes, um, it’s, um essentially, um, let me give you some straight talk, um, a credit DEfault swap is a financial tool, you see, where two people, um, essentially SWAP CREDIT, and then one of those two people hopes for a DEFAULT.
    Reporter: Holy shit! You just made that up, and it was actually correct. Nevermind you left out a ton of detail. I’m sold. You have my vote, sir!

  40. Posted by guest | September 26, 2008 at 11:08 AM

    Come on, everybody knows Bush can’t string more than two or three sentences together without running into trouble.
    Obama would have made us all weep tears of joy through a 30-minute story of American perseverance… ;)

  41. Posted by guest | September 26, 2008 at 11:25 AM

    These dems are horrific. All Harry Reid just did was create a situation that almost makes it untenable for the republicans to even deal with them.
    This is what happens when the ones responsible try to run everything.
    Wall Street has to fix this itself. Americans are speaking loud and clear for no bailout. Unless Wall Street fixes everything this is going to be the biggest mess ever created.

  42. Posted by michange | September 26, 2008 at 11:29 AM

    According to Carney, Bush made his point : Republicans in Congress have to vote the bailout, they won’t be able to default and Democrats endorse paulson at their own risk.

  43. Posted by NotNasser | September 26, 2008 at 11:40 AM

    For anyone who doubts the veracity and completeness of the DB account [why that thought would cross anyone's mind of course escapes me] — here’s the official transcript from the White House website.
    —————-
    THE PRESIDENT: Good morning. My administration continues to work with the Congress on a rescue plan. And we need a rescue plan. This is — it’s hard work. Our proposal is a big proposal. And the reason it’s big and substantial is because we got a big problem.
    We also need to move quickly. Now, anytime you have a plan this big, that is moving this quickly, that requires legislative approval, it creates challenges. Members want to be heard. They want to be able to express their opinions, and they should be allowed to express their opinions.
    There are disagreements over aspects of the rescue plan, but there is no disagreement that something substantial must be done. The legislative process is sometimes not very pretty, but we are going to get a package passed. We will rise to the occasion. Republicans and Democrats will come together and pass a substantial rescue plan.
    Thank you very much.
    ————–
    Yes, that was really … it.

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