Bush DoubleSpeak: Inflation Low,U.S. Pays More for Gas,Food

Bush DoubleSpeak: “Core” Inflation Low,U.S. Pays More for Gas,Food

“…And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine…”

Rev.6:6
KJV
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http://money.cnn.com/2008/01/04/news/economy/bush_economy.ap/index.htm?cnn=yes

(CNN 1/04/2008)

President Bush spoke to reporters Friday after getting an update from his top economic advisers, who are helping him decide whether to offer a package to stimulate the U.S. economy as it weathers the housing slump, rising oil prices and an uptick in unemployment.

“This economy of ours is on a solid foundation, but we can’t take economic growth for granted,” Bush said. “And there are signs that will cause us to be ever more diligent and make sure that good policies come out of Washington.”

Vice President Dick Cheney and other White House officials joined Bush in his meeting with his working group on financial markets, an interagency panel led by Treasury Secretary Henry Paulson that meets regularly to discuss market conditions and regulatory policy. Others around the table included: Federal Reserve Chairman Ben Bernanke; Chris Cox, chairman of the Securities and Exchange Commission; Walt Lukken, acting director of the Commodity Futures Trading Commission; Ed Lazear, chairman of the president’s Council of Economic Advisers; and Treasury Undersecretary Robert Steel.

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Video: CNN

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Duration : 0:2:31


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25 Responses to “Bush DoubleSpeak: Inflation Low,U.S. Pays More for Gas,Food”

  1. dussuh Says:

    you can thank the …
    you can thank the neo-cons

  2. theropingeffect Says:

    Freedom is slavery. …
    Freedom is slavery. What does Bush have to say about the recent market crash.

  3. AdamnationZ Says:

    America needs to …
    America needs to free America first buddy.

  4. stophateing Says:

    well make war then …
    well make war then you can build bombs and have jobs isnt this what you bing doing all along

  5. rblwoaclu Says:

    boy is the bullshit …
    boy is the bullshit deep.

  6. moneymagnetelizabeth Says:

    The economy is not …
    The economy is not on a solid foundation. The president talks about citizens in terms of consumers. This president does not understand the constitution. There is NO LAW governing credit scores. If a citizen does not become a consumer they will not be able to gain adequate employment. The system puts citizens that want to save in the unavailable list for employment!!!!!!!!!!!!!!!! It is up to Congress to represent the people and put these loan sharks out of business!!!!!!!!!!

  7. aklnj Says:

    During the recent …
    During the recent rice riots in India, their government banned futures trading in rice. Could someone shed light on why Washington cant do the same with oil?. All countries are now hurting very badly from the high cost of gas which in short order will bring about world wide recession and starvation to several billion people. WHILE exxon is taking in hundreds of billions per quarter in profits by picking the pockets of every human being on this planet. THIS IS BEYOND TREASON AGAINST HUMANITY.

  8. rockbander08 Says:

    down a great job …
    down a great job you said a mouth full.

  9. rockbander08 Says:

    people would rather …
    people would rather stick by there dumb than admit there wrong for voting for the dumb .

  10. espana62 Says:

    So what is a good …
    So what is a good job?

  11. SierraCinema Says:

    im sure he’s joking
    im sure he’s joking

  12. drakkenstryke Says:

    bush is the worst …
    bush is the worst president that america has ever had and has led the US and the world to war and lots of bs

  13. NowhereMan47 Says:

    It’s frightening …
    It’s frightening that anybody possesing even a minimal amount of intelligence could think that “Bush has done a great job”. Stop defending him you conservative whack jobs!

  14. shagor54 Says:

    gold multiply my …
    gold multiply my dollars. Makes me afford able house. all tanks to bush

  15. Silberdachs Says:

    dave98503-666: ” …
    dave98503-666: “Bush has done a great job”… WTF planet are you living on? Bushworld, no doubt! Fool.

  16. Rmauricio69 Says:

    He really doesn’t …
    He really doesn’t care about high oil prices. He wants that. He and Cheney are oil men. He care about his Texas oil friends more than American people. Why doesn’t he tell us his 2001 energy policy done in secret with all the top energy people, like Enron. We still don’t know what is this policy for???

  17. dave98503 Says:

    Bush has down a …
    Bush has down a great job all these
    years.
    Stop bashing him, you liberal wack jobs!

  18. Silberdachs Says:

    the children and …
    the children and grand children of the poor (middle classes) will be paying this off for 50+ years. Oil climbed over $140 today (30 June). Does anybody in Washington realize that oil over $140, the Dollar Index at little more than half its 2002 rate, gold nearing US$1,000 an ounce, and the stock market threatening to return to 9,750 looks like all the pieces are falling apart, all at once? Bush has been a total disaster for the USA and the World.

  19. Silberdachs Says:

    Oil climbed over …
    Oil climbed over $142 today (30 June). Does anybody in Washington realize that oil over $140, the Dollar Index at little more than half its 2002 rate, gold nearing US$1,000 an ounce, and the stock market threatening to return to 9,750 looks like all the pieces are falling apart, all at once?

  20. corylatimer Says:

    the poor will. or …
    the poor will. or in other words: the middle class

  21. DonWoodLACCC08 Says:

    they say Carter was …
    they say Carter was a bad president. But with this President…I’m paying $3 more for gas, about $15K of my household’s wealth has gone to waste in Iraq, and my stock market portfolio is worth 1/2 than in 2002. That’s what I call a bad President.
    We need a President with hope in his / her eyes! W looks like he’s managing impending doom!

  22. platanorico86 Says:

    this man is the …
    this man is the mother ing anti-christ!!!! look at all the problems since this guy been in office. in america and thru out the world!!

  23. cypris2002 Says:

    what we need today …
    what we need today is a ing revolution kill all those ers and start over

  24. cypris2002 Says:

    hes first name is ( …
    hes first name is (idiot)

  25. cypris2002 Says:

    strong economy for …
    strong economy for the rich thats what he means the PEOPLE dont mean chit to him the PEOPLE dont and never had any concern to bush only the rich matter

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