The Stupid, Foolish Jerk Spoke Again; Bush Homeownership Gimmick Will Compound the Crisis


August 31, 2007 (LPAC)--No doubt pushed by the force of the rapidly unraveling economic situation, President Bush today unveiled a "plan" for helping the people in danger of losing their homes. Flanked by Treasury Secretary Hank Paulson, undoubtedly one of the authors of the scheme and Alfonso Jackson, the Secretary of Housing and Urban Development, Bush presented his proposal. The total fairyland nature of Bush's grasp of what he's dealing with, was revealed as soon as he opened his mouth, again describing the "strength" of the American economy. "Economic growth is healthy, the President said. In President Bush's world, "Wages are rising, unemployment is low, exports are up, and steady job creation continues." "The markets," he noted, "are in a period of transition, as participants reassess and re-price risk.[!] " "But the overall economy will remain strong enough to weather any turbulence," he assured his listeners, who were in fact quite few and far between, as most of the White House press corps didn't think he would have anything notable to say, and seemed to have stayed home. As LaRouche noted, the conference were better referred to as a "Depress Conference," since those press who did attend walked away certain the country was doomed."


[link to www.larouchepac.com]