Monday February 13, 2012

JAPAN NEWS AND DISCUSSION

Bush, allies seek to calm jittery investors

World Oct. 12, 2008 - 02:29AM JST ( 15 )

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15 Comments

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LIBERTASOct. 12, 2008 - 07:05AM JST

Bush talks = Markets drop. See the connection?
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rajakumarOct. 12, 2008 - 07:48AM JST

Money into system =Market stability.

No money into systems/banks= Markets with less cash= Investors confidence with cash/gold only.

IMF/US/other cash funds into systems/banks = Market stability/Investor confidence.(not yet done fully,takes time)

This is the plan, any objections by JT readers.
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FarmboyOct. 12, 2008 - 12:55PM JST

After taking over the banks, the major companies, the oil supply, the food supply, and the general population, the markets should begin to stabilize. People will be happy, and they will sing in honor of Our Leader. Remain calm. All will be well.
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adaydreamOct. 12, 2008 - 01:33PM JST

Somebody tell george bush to shut up. That'll help the markets better then his continued running his soup coolers. < :-)
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coulrophobicOct. 12, 2008 - 01:39PM JST

“In an interconnected world, no nation will gain by driving down the fortunes of another. We are in this together. We will come through it together,” Bush said.

If you have something better than that please let us know, adaydream.
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coulrophobicOct. 12, 2008 - 01:40PM JST

"Bush talks = Markets drop. See the connection?"

Obama gains in polls, markets drop.

Smell the fear?
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adaydreamOct. 12, 2008 - 01:51PM JST

While the markets were taking a steep nose divre george bush was saying how strong the market was. Day after day, reassuring that the markets were strong until, We're broke we need a bailout.

I was watching interviews of market brokers and they were saying that his continued running his mouth does no good and probably more damage.

he's got no creditability. < :-)
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timorborderOct. 12, 2008 - 03:14PM JST

So after 8 years, has this guy done anything right? Surely Bush will go down as one of the worst US Presidents. His litany of mistakes is endless. This economic meltdown is just the icing on the cake, or the shxt in the sandwich, whichever you prefer.
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some14someOct. 12, 2008 - 03:27PM JST

Just now i was watching NHK news (3pm) and it seems Bush is least bothered about Financial crisis, at G-20 summit he is smiling and sending winks while delegate next to him is delivering a speech! What a Shame, no wonder American tax payers are strongly opposed to bailout plan.
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SuperLibOct. 12, 2008 - 03:27PM JST

The blame for the entire world crisis rests on the shoulders of George Bush and there is no doubt about that.
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proxyOct. 12, 2008 - 03:40PM JST

Rajakumar, Money into system = more money down the toilet. No government has anywhere near the trillions of dollars to back up the debt that is unwinding. A couple of trillion dollars pumped in by governments is a drop in the bucket, i.e. not anywhere near enough to have any impact. There is over a trillion dollars in outstanding swaps on one company, GM, alone. Perhaps the US should nationalize the Fed and start issuing new currency.
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SuperLibOct. 13, 2008 - 02:29AM JST

proxy, it sounds like you're mistaking the value of the credit default swap market with it's impact on the economy.
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FarmboyOct. 14, 2008 - 05:25PM JST

Well, we got a nice upmove on Monday. Money is starting to flow again, banks have been supported, investors have been reassured, and we can get on with our job losses and the depression without any more major banks going broke. I feel sorry for whoever is elected because there's no way they won't be blamed for all this.