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Member Since: 7/2007Last Seen: 11/29/2009

Bush warns 'entire economy is in danger'; invites candidates to White House meeting

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"President Bush said Wednesday that lawmakers risk a cascade of wiped-out retirement savings, rising home foreclosures, lost jobs and closed businesses if they fail to act on a massive financial rescue plan. "Our entire economy is in danger," he said.

"Without immediate action by Congress, American could slip into a financial panic and a distressing scenario would unfold," Bush said in a 12-minute prime-time address delivered from the White House East Room that he hoped would help rescue his tough-sell bailout package. "Ultimately, our country could experience a long and painful recession.""

Gov Bush is just now noticing that there is a painful recession on the horizon? I wonder what Gov Bush thought he was doing the first seven years of his presidency. Great Depression 2.0 is going down on his watch, the worst president in all of American History. A true Miserable Failure

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