White House bars press from covering financial meeting.
By on Sep 16th, 2008 at 9:33 pm
White House bars press from covering financial meeting.
The AP reports:
With Wall Street in turmoil, the White House has canceled any press coverage of President Bush’s meeting with his chief advisory group on the reeling financial markets.
Bush was scheduled to make a statement Tuesday to a pool of White House reporters after huddling with his financial working group. That won’t happen now.
Spokesman Tony Fratto says the White House decided it would be best to limit public comment about markets.
The meeting went on as planned. The group is led by Treasury Secretary Henry Paulson and includes Federal Reserve Chairman Ben Bernanke and the chairpersons of the Securities and Exchange Commission and the Commodity Futures Trading Commission.
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No-fly zone in Texas…
No-press zone at the WH…
Nothing to see here… just move along… move along…
Oh… look… something shiny…
Hey… is that Britney Spears sans panties?
September 16th, 2008 at 9:36 pmClosed door meetings at the White House? NO! Maybe they are just playing a game of Twister to see who gets to take the blame.
September 16th, 2008 at 9:41 pmYeah, slam that barn door. The cow is in Cucamonga.
September 16th, 2008 at 9:44 pmMaybe the closed door was the door of the interrogation chamber at the White House?
September 16th, 2008 at 9:45 pmOT — sorry
September 16th, 2008 at 9:47 pmBob Barr has been granted permission to have his name on the presidential ballot in Pennsylvania.
Well, I am sure this has something to do with the Fed’s decision to bail AIG out with an $85 billion rescue plan. GDumbya is probably too embarrassed to show his face in public after having to do the unthinkable again. And he probably has gone to bed with a quart of Jack Daniels and an ice bucket by now.
September 16th, 2008 at 9:48 pmThey couldn’t let the press in. They might have seen all those invisible hands controlling the free market.
September 16th, 2008 at 9:57 pmThe deeper the secrecy, the greater the crimes that are being concealed by the crime family.
September 16th, 2008 at 9:58 pmToo many distractions when trying to explain the economy to Bush.
1 + 1 = 2, 2 + 2 = 4, ah shit, start over.
September 16th, 2008 at 10:03 pmSorry for the OTs tonight — but there are a lot of little stories popping up, like this:
Filing Suit.
September 16th, 2008 at 10:07 pmObama and Michigan Democratic officials say they are seeking an injunction to block alleged “caging” by the state GOP– using home foreclosure lists to seek to block residents from voting.
Obama counsel Bob Bauer: “It is an absolute attack on their right to vote” and a “completely false and completely illegal basis” to challenge votes.
Spokesman Tony Fratto says the White House decided it would be best to limit public comment about markets.
Wise course, with a frikkin’ moron at the helm…
…unless the markets will bear another “the fundamentals are strong” speech…
September 16th, 2008 at 10:22 pmFly on the wall: “OK guys, 49 days left to get all the $ we can get! We’ll leave that old guy holding the bag as we slip out,or leave that other guy with a grand mess. A ‘Win win’ for us.”
September 16th, 2008 at 10:26 pmWhite House bars press from covering financial meeting.
What else is there to do when you have the clusterfu(ks currently on-going with the stock market , housing crisis and the unemployment rate skyrocketing , and the mental furball who has to be prepped on all this and come up with a solution makes Elmer Fudd seem prudent and reasonable ………
September 16th, 2008 at 10:28 pmwisedup Says:
Fly on the wall: “OK guys, 49 days left to get all the $ we can get! We’ll leave that old guy holding the bag as we slip out,or leave that other guy with a grand mess. A ‘Win win’ for us.”
Screw McCain on the way in, and the way out!
September 16th, 2008 at 10:30 pmWhite House bars press from covering financial meeting.
Because they don’t want reporters seeing Bob Rubin, and other members of Clinton’s economic team at the meeting.
That would be the ultimate insult.
September 16th, 2008 at 10:33 pmLooks like they needed much more time to round up enough lip-stick to cover this pig.
September 16th, 2008 at 10:42 pmAnd no matter, everyone knows what this one looks like anyway.
Who wants to be the one to explain?
This is like opening the brains of the whole sewage lake for public viewing.
How do you spin theft and deception?
Lies only add more fumes.
tom Says: “…he probably has gone to bed with a quart of Jack Daniels and an ice bucket by now.”
Tom,
Good thought Tom, but he drinks Jim Beam neat (without ice).
Really now! Is it really necessary to ban somebody from an event that you could not pay them enough to attend?
September 16th, 2008 at 10:49 pmOK, just one question.
Was there a map of Iraq on the table??
September 16th, 2008 at 10:50 pmWith the bail out of AIG on the backs of the US tax payer added to the tax payer bailout of Bear Sterns as well as Fannie and Freddie, we, our children, their children and their great grand children will have the honor of paying off poor finacial decisions made by the elite of Wall Stree and a do nothing Congress.
September 16th, 2008 at 10:52 pmWe should be demanding congressional hearings. How many of those who were responsible for this financial collapse will be leaving their positions with their golden parachuttes? How many of these creeps will do any jail time?
But have no fear, Senator Dodd has already floated the idea that we just might get a few crumbs in the form of another tax rebate so that we can all forget about this and shop till we drop so we can do our part ot save the upcoming holiday season. That is if you don’t freeze to death this winter first.
These people should be put in front of a wall and shot as this is the most outragious move that our government has ever made and we all get the honor of paying for their mistakes. If your not outraged, then welcome to the new Russia where the government controlls all and sees all through illegal wire tapping and spying on your e-mails. When in the world will we the people ever wake up?
Comment 17:
In the first sentence I forgot to make my point so add: with a nipple on the bottle.
Maybe I should take the straw from my bottle of Cabernet!
September 16th, 2008 at 10:54 pmHere’s an idea. A complet and total hold back on paying any taxes come this April the 15th. Why pay taxes when all the great minds do is give it away to losers like AIG? No taxation without representation. How many in congress asked if you thought this bailout was a good idea?……I didn’t think so.
September 16th, 2008 at 10:56 pmWith Wall Street in turmoil, the White House has canceled any press coverage of President Bush’s meeting with his chief advisory group on the reeling financial markets. Spokesman Tony Fratto says the White House decided it would be best to limit public comment about markets.
Is this the chapter that puts the moron over the edge? Is Bush coherent, sober? Why is it best to limit public comment when it is we the people that will be affected? What is this crap?
September 16th, 2008 at 10:56 pmhad enough Says: #22
In other words, they don’t have a clue.
September 16th, 2008 at 10:58 pmOnly the worse will come out during their secret meetings.
Are mintues taken?
Will it be recorded?
If not, why.
How can they hold a meeting about US citizens and not make it public. It’s dirty, crooked, cheap, idiotic, sneaky and dishonest.
I agree with wisedup@12 they are liars. It will be a meeting for their asses.
This is only the beginning of chimpy’s out-of-control legacy.
Obama\Biden
September 16th, 2008 at 11:01 pmWhite House bars the press — of course!
September 16th, 2008 at 11:03 pmWhy should the public have a clue regarding the private deals being made?
# 10 marie
now that is good news… action is actually taken concerning fraudulent elections .. time to pull out the credit card and make another donation to Obama.
September 16th, 2008 at 11:04 pmHonestly, this is probably a good thing, because whenever Bush appears, he doesn’t exactly inspire confidence, does he? He usually inspires nausea.
September 16th, 2008 at 11:09 pmGoldstandard, (Comment 19)
I agree totally, my friend, but first let’s get them all out of office, away from the possibility of any pardon, and hang them all out to dry–from Chicken George WTF to the GS-3 clerk in the lowest agency in the chain. The fines should be steep enough to recover every thing they stole in the last eight years, or more, plus enough to make each one hurt a lot and the sentences long enough that we have every bit (literally and figuratively) of trash picked up along our highways from Point Hope, Alaska to Key West, Florida and from Van Buren, Maine, to Imperial Beach, California.
September 16th, 2008 at 11:10 pmIf the Democrats represent socialism, then why is the GOP Kremlin and KGB taking control of Wall Street? Is this the new “Cold War” they promised us?
Sounds like the less we all know, the grim reaper that is “the worst” can’t be let in to finish off the Bush financial policies.
September 16th, 2008 at 11:19 pmObviously it’s more than “an adjustment”, words used by President Bush to describe the now “closed door” crisis.
September 16th, 2008 at 11:23 pmHere’s the pattern with Fannie Mae, Freddie Mac, and A.I.G.
1. Accounting scandal
September 16th, 2008 at 11:32 pm2. CEO change
3. Financial practices supposedly cleaned up
4. Mortgage crisis causes huge losses
5. Taxpayer funded government rescue
6. New CEO’s
Bush? Oh yeah, that guy.
It’s about time for them to take him on the fishing trip he never comes back from.
September 16th, 2008 at 11:34 pmWhat could he possibly say that would be of interest to anyone.
September 16th, 2008 at 11:34 pmTawdry, I agree.
September 16th, 2008 at 11:39 pmI mean, what’s he going to say? The fundamentals of our economy are still strong but we’re in a ’slowdown’?
They’re going to have dumb that meeting down for Bush to understand what’s going on in our country.
stateofthedivision Says: “Here’s the pattern with Fannie Mae, Freddie Mac, and A.I.G.”
With ma additions
1. Accounting scandal
September 16th, 2008 at 11:45 pm2. CEO change
2a. Open Golden Parachute
3. Financial practices supposedly cleaned up
4. Mortgage crisis causes huge losses
5. Taxpayer funded government rescue
6. New CEO’s
6a. Open Golden Parachute
7. Screw taxpayers
8. Repeat
they probably are trying yet again to hide the fact that bush is clueless.
a lil too late for that…
September 17th, 2008 at 12:33 amIt doesn’t surprise me that this secret administration is having another closed door meeting. I’ll bet Cheney’s there. But then that’s a secret, yeh,huh,yeh…
September 17th, 2008 at 1:03 amWhat…Bush can’t implement anymore cut, slash & burn policies? He’s great at that stuff! Oops.
September 17th, 2008 at 1:06 amShades of Cheney’s energy group. Will Ken Lay be at this financial meeting?
September 17th, 2008 at 7:29 amBecause this is none of your business. our financial condition is to be only known to dr. bush.
September 17th, 2008 at 8:26 amHe didn’t want the press to hear the conference call to China asking for $85 Billion to loan to AIG. Or maybe he didn’t want to hear the conference call to China to borrow the $10 Billion for Halliburton this month.
They borrow money from foriegn countries while they steal from the people in this country. That is reaganomics and trickle down economics.
September 17th, 2008 at 9:12 amSocialize the Costs
Privatize the Profits
????? ????? ?????
Ev’ry morning, ev’ry evening, ain’t we got fun?
Not much money, oh but honey, ain’t we got fun?
The rent’s unpaid dear, we haven’t a car;
But anyway, dear, we’ll stay as we are.
????? ????? ?????
September 17th, 2008 at 10:33 amIn the winter, in the summer, don’t we have fun?
Times are glum and getting glummer, still we have fun.
There’s nothing surer: the rich get rich and the poor get poorer.
In the meantime, in between time, ain’t we got fun?
When this cabal meets in secret, Be Afraid, Be Very Afraid!
September 17th, 2008 at 10:56 amCheck the WH sign-in logs for the name ‘Gannon‘ or ‘Guckert‘ coz it sounds like there is a WH circle jerk happenin’!
September 17th, 2008 at 11:40 amThis is another example of our government using “transparency” as a noun, not a verb. They have no right to keep meetings of this importance secret from the public. IF we get any information it will be scrubbed and pre-digested for our safety.
September 17th, 2008 at 12:29 pmstateofthedivision Says: “Here’s the pattern with Fannie Mae, Freddie Mac, and A.I.G.”
With Sacxtra!’s additions
September 17th, 2008 at 2:07 pm0. No Bankruptcy for Citizens
0a. No movement of large amounts of cash for Citizens
1. Accounting scandal
2. CEO change
2a. Open Golden Parachute
3. Financial practices supposedly cleaned up
3a. Bogus rushed Legislation that doesn’t fix shit
3b. Fake financial news stories originating from outside the US (e.g. Korea buying Lehman)
4. Mortgage crisis causes huge losses
5. Taxpayer funded government rescue
6. New CEO’s
6a. Open Golden Parachute
6b. “Bear Raids” on next target
6c. Control of media
7. Screw taxpayers
7aa. BOHICA
7a. More “Level 3″ asset marking
7b. de-lever to more than 30:1
7c. grant more mortgages with less than a 20% cash down
7d. Add more extra liquidity
7e. Deny that the Federal Reserve is out of money
7f. Failure to indict all branches of government involved, including the OTS, OCC, FDIC, Federal Reserve, Treasury and both houses of Congress.
8. Screw investors
8a. Blame it on the Democrats
8b. Blame it on the Republicans
9. Repeat