George W. Bush: I Used “Your Money To Prevent The Collapse”
Former President George W. Bush told a crowd in Tyler, TX that spending money to save banks “wasn’t that hard” and that using “your money” stopped an economic collapse. Bush told them: “I made the decision to use your money to prevent the collapse from happening.”
Bush said that when the markets crashed in the fall of 2008, he recognized that if his administration didn’t do “something significant,” a “depression greater than the Great Depression” could occur.
The former president said the choice to backstop many of the country’s leading financial institutions “wasn’t that hard for me.”
Now, how crazy would the right wing go if President Obama said, “I used your money to save the country”?Click here for reuse options!
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