President Bush Issues A Statement On the Unconstitutional Bail Out Bill

~Snooper~

President Bush:

Statement by the President on Bipartisan Agreement on Economic Rescue Legislation

Today, a bipartisan group of Members of Congress, working with my Administration, reached agreement on economic rescue legislation that is urgently needed to address a crisis in our financial system that threatens the entire U.S. economy.

I appreciate the leadership shown by Members on both sides of the aisle, who came together to write a very good bill. This bill provides the necessary tools and funding to help protect our economy against a system-wide breakdown. The bill will help allow access to credit so American families can meet their daily needs and American businesses can make purchases, ship goods, and meet their payrolls. And this plan sends a strong signal to markets around the world that the United States is serious about restoring confidence and stability to our financial system. Without this rescue plan, the costs to the American economy could be disastrous.

Many Members of Congress contributed important ideas to improve the legislation my Administration proposed. I appreciate the negotiators considering those ideas and incorporating them in this agreement.

Members of Congress will vote on this legislation soon. This is a difficult vote, but with the improvements made to the bill, I am confident Congress will do what is best for our economy by approving this legislation promptly.

Mr President: what is the exact reference in the United States Constitution that authorizes this action? I need to see the chapter and verse that you and Congress utilized to reconcile this action with the Constitution that you all have sworn to uphold.

The Leftinistra are using this event to once again shed blame from themselves onto you and your Administration. With all of their rhetoric to the contrary, this action pleases them beyond their wildest expectations and you are falling for it due to that bleeding heart of yours.

Get a grip, Mr President and do not sign this abortion of justice and full-on attack on American Free Enterprise. You will live to regret this action.