Liveblogging George W. Bush Crying About the Greatest Depression
Friday, September 26th, 2008
What’s it take to make this guy, our moronic tool of a president, seem like an ever-so-slightly sympathetic figure? Well, there’s the hilarious global dancing he likes to do, and then there’s John McCain. McCain parachuted into town yesterday and RUINED THE COMPROMISE that was at least going to maybe try to save the economy before it completely collapsed. Let’s see what George Junior has to say, as the stock market opens and plunges. MORE »











OUR BANKRUPT COMMUNIST NATION: “The best news for people afraid of ‘change’ is that the new president will have about twenty bucks to run the federal government for the next four or eight or hundred years.” [
Oh hey Hank Paulson is talking to some lawmaker types, and a reader wrote in and was like, “Could you liveblog this?” and we thought, aw hell, we have already ripped all the hairs out of our ears and marinated in salt this morning, so why not engage in the last unpleasant activity available to us. How many drawers are being soiled in the Senate Banking Committee right now? Let’s check it out!
Yikes! The markets are closed and so are you. The Dow ended down 373 — more than 3% — and the S&P 500 dropped nearly 4%. But there’s good news if you are, say, a Saudi Prince: Oil shot the hell up by $16 a barrel, the
Congressional Democrats will save the economy this Friday by letting Henry Paulson, the new president, do whatever he wants about anything, policy-wise. Mostly this 
Oh hey look it’s our president, Henry Paulson, finally telling America what he’s going to do to make sure everyone isn’t so poor anymore. We are a little late to the game here since he started talking a few minutes ago but meh, what the hell, let’s give this a look.
Today the Bush administration offered its brave response to the current financial crisis, as delivered by Treasury Secretary Henry Paulson. The administration has faced overwhelming pressure to give the government more oversight and regulation within the financial markets, since every major player (investment banks, hedge funds) keeps dying and then asks the government for money. And who better to ramp up regulation on investment banks than Henry Paulson, the former C.E.O. of Goldman Sachs! So what’s in his funny new oversight package, and how will it
Hank Paulson was brought in as Treasury Secretary to signal Bush’s willingness, in the tail end of his second term, to work with leaders from both sides of the aisle, and also because Bush does not actually give a shit about the Trearusry Department. Paulson, a shining star in the private sector, has received positive reviews from Washington pols, though he’s also accomplished jack shit.