As for the speech of Bush, he stated that the economy of America is strictly in danger, and if the congress will not have a back-up plan, America will fall into a long recession. The country is facing crisis due to the lowering of market stocks. Investors are worrying about the capability of the American Government to save those banks from big debts. The opposing party has also prepared a counter movement so as to stop the Republicans from pursuing the bail out plan prepared by President Bush. It is as if the plan will only benefit those with position but never the lay people. The problem as the president said originated a decade ago, and that it already grew as a major problem of the country.
The President said that now is not the time for the blame game, but then who is really then the culprit behind the American country's problem. If we are going to think back all the events which the American country participated, we will see that the country would have most likely spent much of their resources. The most controversial and most talked issue in the world was the Iraq war where the American tried to defeat the worst terrorist in the world and promote democracy. Other than the political issues, the hurricane Katrina also devastated the country, leaving many homeless. I will be quoting the early draft of his speech, but notice that it is almost the same as the earlier presidential speech he had:
"THE PRESIDENT: My fellow citizens, at this hour, American and coalition forces taxpayers are in the early stages of military operations getting screwed over to disarm Iraq bail out Wall Stree, to free its people CEO's from responsibility for their own incompetence and to defend the world them from grave danger not being as rich.
On my orders, coalition forces taxpayers have begun striking selected targets of military importance bending over and grabbing their ankles to undermine Saddam Hussein's their ability to wage war pay their bills. These are opening stages of what will be a broad and concerted campaign. 35 countries Millions of taxpayers are giving crucial support -- from the use of naval and air bases grocery money, to help with intelligence and logistics their mortgage and rent money, to the deployment of combat units money they'd use to pay their doctor. Every nation person in this coalition country has chosen must be forced to bear the duty and share the honor burden of serving our common defense richest citizens. To all the men and women of the United States Armed Forces now in the Middle East the peace of a troubled world the fate of the richest among us and the hopes of an oppressed wealthy people now depend on you. That trust means the rip-off is well placed on."
As an analysis to the current situation, I could say that the President Bush' plan might work considering that he is known to be a person who save dying economy in the end. Let us just see what he can do, else it is just months more and the administration will then be replaced by a better leader hopefully. You, what can you say about this issue?
