Added: Nov 18, 2008

From: hotforvideo

Duration: 2:3

October 11, 2008 http://TimothySykesExposed.com/CRISISPresident Bush emerged from a meeting with foreign financial officials on Saturday and pledged a global response to the credit crisis that will lead toward a "path of stability and long-term growth."Bush announced no new strategies to attack the economic woes circling the globe, stressing instead, "We will do what it takes to resolve the crisis and the world's economy will emerge stronger as a result."The president spoke in the Rose Garden outside the White House, joined there in a show of solidarity not long after daybreak by finance officials from the G-7 - Japan, Germany, Britain, France, Italy and Canada, in addition to the United States. Treasury Secretary Henry Paulson and Secretary of State Condoleezza Rice also attended."The United States has a special role to play in leading the response to this crisis," the president said. "That is why I convened this morning's meeting here at the White House and it is why our government will continue using all the tools at our disposal to resolve this crisis."He added, "As our nations carry out this plan, we must ensure that the actions of one country do not contradict or undermine the actions of another. 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's comments were aimed at avoiding the mistakes that worsened economic conditions during the Great Depression in the 1930s. Then, some nations pursued go-it-alone strategies such as erecting protectionist trade barriers to shield their domestic industries. Those trade barriers ended up only worsening the global downturn.In the current crisis, Ireland moved to guarantee all bank deposits, a decision that triggered similar actions in Germany and other nations which were concerned that nervous depositors would move their bank accounts to Ireland.The White House meeting lasted about a half-hour, less than scheduled.

Channel: News

Tags: 11  2008  america  banks  bush  countries  crash  credit  crisis  debt  depression  economic  economy  financial  g7  george  main  market  nations  oct  october  of  resolve  speech  states  stock  street  united  wall  world 

Rating: 3.00 (2 ratings)    Views: 2322' favoriteCount='1    Comments: 15

musebag Says:

Nov 18, 2008 - Notice he said, "In my country".

AndreasAntoniusMaria Says:

Nov 18, 2008 - This crisis was created by mr. Bush administration by his totally wrong economical policies and total lack of control over the banking system. There is one, very simple solution to prevent such a crisis in the future. Re-impose the GOLD Standard. Then it is impossible to create money from thin air. I feel sorry for the next generation of Americans who have to pay the enormous debts created by G.W.Bush.

AndreasAntoniusMaria Says:

Nov 18, 2008 - Maybe Bush thinks: The debts melt away by inflation. R.W.Reagan warned the American people in 1980 for the consequences of high inflation: A worthless us dollar. Soon the US currency will have the same value as the old Italian Lira or even worse the Yugoslav Dinar.According to me G.W. Bush is the Worst US president of all times. Coolidge and Hoover were terrible too, but Bush is far worse.I feel sorry for the next US president who has to clean the mess made by this incompetent man.

cbell003 Says:

Nov 18, 2008 - NWO written all over this speech

jburt56 Says:

Nov 18, 2008 - It took some time to restore chaos and order. I know how hard it is to put food on your family. Our enemies never stop trying to hurt America and neither do we. I've been misunderestimated!!!

jburt56 Says:

Nov 18, 2008 - Long term growth? No. This is the beginning of the Big Shrink toward sustainability.

ThisIsSaltLakeCity Says:

Nov 18, 2008 - I totally agree. I read the story on CNN . com before seeing the video and hell yeah, NWO is right. "The United States has a "special" role to play in leading the "response" to this crisis." "In an INTERCONNECTED WORLD" "We are in this together. We will come through it together." What the fuck ever!!! But people think WE are nuts or some shit, if we could get big groups together and make a plan to GET THE FUCK OUT! We might have a chance.

ThisIsSaltLakeCity Says:

Nov 18, 2008 - Meet your new Dictator.

SpiritofTerror Says:

Nov 18, 2008 - How come retirment savings have to be invested on the stockmarket?Why not fixed interest?Funds managers buy high.Profit takers steal it.Where does all that money each week contributed go?

cbell003 Says:

Nov 18, 2008 - It is a fact that we are outnumbered right now because of the manipulation and mind control on the people but i could tell you one thing....they could bring their one world currency but if we don't go to work and we don't pay taxes and bills they are going to stick that currency in a very dark place...

ThisIsSaltLakeCity Says:

Nov 18, 2008 - Another issue I've been looking into lately is the switch from Analog to Digital TV, there's definitely something going on there. I've been learning more and more each day, my friends think I'm nuts, but my wife and her parents are slowly coming to the realization. I picture the ones who survive being in those concentration camps where THEY would have complete control on the media the people see, the people are isolated so don't know what is really going on.

ThisIsSaltLakeCity Says:

Nov 18, 2008 - The Gov could shutdown Cell towers and broadcast whatever they want on the airwaves. Make people believe that the world around them is under a Nuclear attack so they will feel safe in the concentration camp but then suddenly, we're all Jews. It will be a technological driven holocaust. I'm just preparing myself with knowledge most could care less to have or even know it's out there, although I hope this never happens.

niel718 Says:

Nov 18, 2008 - omg now comes the Veto Crisis!!!

Brendaraz1966 Says:

Nov 18, 2008 - WHORNY?? hehe visit my profile for a good time T

keirsie Says:

Nov 18, 2008 - the american people deserve a credit crisis, they voted in bush which is the same as havin no oversight, no one minding the store. no wonder they are sinking in a pool of corruption. justice as comes sooner or later.