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Bush doesn't plan to let up as lameduck president

Published on Saturday, October 11, 2008
By LA Daily News Staff Writer

WASHINGTON - So how will it end?

President Bush is down to his final 100 days in office as of today. Don't expect a quiet fade into the Texas night.

The bleakest economic downturn in decades has changed the dynamic drastically, keeping Bush and his financial team in activist mode to the end. While the powerful heads of the Treasury Department and the Federal Reserve keep making radical moves, no one elected them. Bush is the one charged with reassuring the nation that an abysmal economic period will give way to better days, even if he is long gone from Washington by the time that happens.

The president will keep speaking about the economy, calling world leaders about it, meeting with business owners, perhaps attending an overseas summit. His final act will be overseeing the $700 billion buyout of devalued assets from banks, in hopes that credit will start flowing to an anxious, weary country   Read Full Article...

 
 

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