Bush & Co: What A Smile!

Thank you Associated Press for this great photograph. One has to be either a genius or an idiot to smile like that when the USA and the world are gasping/agonizing over the financial mess or an uncertain future.

Please keep this photograph in safe custody and look at the faces of these luminaries exactly after a year from now. I sincerely hope they are able to retain this beatific smile on their faces.

A recent report in Huffington Post is not exactly to cheer us all: “The economy took a tumble in the summer that was worse than first thought as American consumers throttled back their spending by the most in 28 years, further proof the country is almost certainly in the throes of a painful recession.”

Will the bailout of banks and companies such as Citigroup make a difference? Not really…

And here are some memorable Bush gems in the dying moments of his historic presidential stint:

In his address to announce part nationalization of the biggest American banks, the US President Bush has described it as, “not intended to take over the free market but to preserve it.”

“The government’s dramatic rescue of Citigroup was necessary to safeguard the financial system and help the economy recover, and there could be more such moves if other institutions need help.”

“We have made these kind of decisions in the past, made one last night, and if need be we’re going to make these kind of decisions to safeguard our financial system in the future.”

“The United States government is acting; we will continue to act to resolve this crisis and restore stability to our markets. We can solve this crisis and we will.” More here…