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Wednesday, September 24, 2008

Bush bailout speech: I report, you decide

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Coupla things struck me while listening to Bush's address to the nation about the financial crisis a few minutes ago.

First, as McCain "suspends" his campaign to chicken out of his first debate with Obama... um, I mean, fly to Washington and save America Herself, The President of the United States --- "our first MBA president", in fact, as NPR's Adam Davidson informed me --- could barely spare 14 minutes before his bedtime to read a canned speech about the proposed $1 trillion Republican Wall Street welfare package.

Second, President Bush spent almost all his time stumbling through his sanitized Republican textbook version of the origins of the investment banking collapse, but neglected to mention either the role of Reaganomics or the cost of his proposed giveaway. Neither omission is surprising, but large slices of his audience have at least some understanding of both those issues, and some citizens may consider the President (even more) cowardly (than usual) for not acknowledging their own intelligence regarding the salient facts.

Third, he sounded completely disinterested in what he was saying as if he already knew that he would be moving into his parents' cushy basement in Kennebunkport on 20 January 2009. (The got a big-screen TV down there, and five different kinds of beer --- in their own kegs!)

And fourth, he ended his speech with the plaintive closing, "Thank you for listening." To which I say, "You're welcome, man, you're welcome for wasting 15 of my precious minutes." Doesn't this fool understand that some of us have blogs to tend to?!?

I have no idea what Bush's handlers thought his speech might accomplish considering that 80-something percent of Americans think the country is on the wrong track, and by a margin of 2 to 1 they believe that Republicans are responsible for current U.S. economic problems, and 0% believe the U.S. economy is improving. My hypothesis is that Cheney made him give the speech just to "torture" him; just to submit him to a little more humiliation plus the unpleasantness of staying up on a Wednesday night past bedtime.

Update before I've even posted: Blogger's spell checker flags Kennebunkport as a misspelling. The options it offers for correcting the error are "Outspokenness" and "Drunkenness"!

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