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- Description:
- President George W. Bush, speaking from the White House Rose Garden, discusses the current "erosion of confidence" in banking and serious risks to the "economic health" of the nation. Bush says that government intervention in U.S. banking and the economy is not only warranted, but is "essential" and assures Americans that their FDIC insured bank accounts will not be affected by government actions.
- Date Issued:
- 2008-09-19T00:00:00Z
- Data Provider:
- Michigan State University. Libraries
- Collection:
- G. Robert Vincent Voice Library Collection
- Description:
- President George W. Bush gives a national address on the economic crisis in America. Bush cites the declining value of assets and banks with restrictive lending policies as root causes for the nation's economic instability. He proposes that the federal government provide $700 billion to assist troubled banks and shore up the U.S. financial markets with urgently needed money to help them avoid collapse and to promote lending. Despite the dire circumstances, Bush says that democratic capitalism is the best of all systems ever devised and that the country will prevail.
- Date Issued:
- 2008-09-24T00:00:00Z
- Data Provider:
- Michigan State University. Libraries
- Collection:
- G. Robert Vincent Voice Library Collection
- Description:
- President George W. Bush, speaking from the White House Rose Garden, discusses the current "erosion of confidence" in banking and serious risks to the "economic health" of the nation. Bush says that government intervention in U.S. banking and the economy is not only warranted, but is "essential" and assures Americans that their FDIC insured bank accounts will not be affected by government actions.
- Date Issued:
- 2008-09-19T00:00:00Z
- Data Provider:
- Michigan State University. Libraries
- Collection:
- G. Robert Vincent Voice Library Collection
- Description:
- President George W. Bush gives a national address on the economic crisis in America. Bush cites the declining value of assets and banks with restrictive lending policies as root causes for the nation's economic instability. He proposes that the federal government provide $700 billion to assist troubled banks and shore up the U.S. financial markets with urgently needed money to help them avoid collapse and to promote lending. Despite the dire circumstances, Bush says that democratic capitalism is the best of all systems ever devised and that the country will prevail.
- Date Issued:
- 2008-09-24T00:00:00Z
- Data Provider:
- Michigan State University. Libraries
- Collection:
- G. Robert Vincent Voice Library Collection