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sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 03:08 PM
Original message
Bush sees temporary hit to economy from storm

http://www.alertnet.org/thenews/newsdesk/N01475612.htm

Bush sees temporary hit to economy from storm

WASHINGTON, Sept 1 (Reuters) - Hurricane Katrina will represent a temporary setback for the U.S. economy and the energy sector, President George W. Bush said after he met on Thursday with his economic team and Federal Reserve Chairman Alan Greenspan.

"In our judgment, we view this storm as a temporary disruption that is being addressed by the government and by the private sector," Bush told reporters.

Bush acknowledged, however, "it's going to be hard to get gasoline to some markets."

He also called on Americans to conserve energy, telling them: "Don't buy gas if you don't need it."
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frylock Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 03:26 PM
Response to Original message
1. you can't anything past this guy..
pure genius.
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DrZeeLit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 03:31 PM
Response to Original message
2. Yeah, right. Temporary. Mmmm, do you really think gas prices will
decrease after this?

Once they know consumers will pay, they've got us and they won't be changing those numbers any time soon.

Yesterday afternoon gas in VT was $2.53 at its highest in my city (I drive by several stations on my route to/from work).

This morning = $3.00.

My thoughts... mmmm.... gouging? I mean... they didn't pay a higher price for what's in those tanks under the pumps, did they? Magicall everyone got gas deliveries last night?

I can't believe people would do this to their neighbors. But then, I'm hopelessly naive when it comes to the depths human nature can sink.

Oi.
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Verve Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 03:35 PM
Response to Reply #2
3. In WI yesterday the low for unleaded was $2.99.
I'm sure today it's much higher.
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VegasWolf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 03:43 PM
Response to Original message
4. This news isn't going to help brain at the polls. nt
Edited on Thu Sep-01-05 03:43 PM by VegasWolf
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More Than A Feeling Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 03:44 PM
Response to Original message
5. Heaven and Earth sees Bush has no idea what he is talking about
Losing a major city that is also an important seaport is not "temporary"
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KansDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 03:48 PM
Response to Original message
6. You know, this guy's not even on the radar screen...
You read about the people who need help and the people trying to give help; you read about the people who are living a nightmare that could end in death at any moment, and this twerp chimes in with these platitudes? If he were there, I'm sure those people trying to render aid would just say, "Shut up, George, and get the hell out of the way..."

This moron is a nonentity.
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displacedtexan Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 03:49 PM
Response to Original message
7. Raise your hand if you new they'd blame Katrina!
As if the economy was just peachy before this tragedy!
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NeoConsSuck Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 04:56 PM
Response to Reply #7
11. Exactly.
This hit on the economy has been going on since this turd took office.
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Vox_Reason Donating Member (589 posts) Send PM | Profile | Ignore Thu Sep-01-05 03:56 PM
Response to Original message
8. 2% Q4 GDP
Stellar.

What a disaster.

Has ANYTHING good happened to America since 2000?

ANYTHING?
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Imagevision Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 04:50 PM
Response to Reply #8
9. At a point in time in life the government sells its own people out
Renegade administration from the president on down.

http://downingstreetmemo.com/
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VegasWolf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 04:52 PM
Response to Original message
10. Bush can't "see" his hand in front of his ugly face. nt
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Zenlitened Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 05:02 PM
Response to Original message
12. Economy sees long-term hit from failed Bush policies.
For sheer incompetence, this administration has 'em all beat.
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daleo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 05:05 PM
Response to Original message
13. Bush - "We have lost one city, but we have several more"
"This is just a small temporary setback".
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fob Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 01:27 AM
Response to Reply #13
28. That made me come *this* close to shooting boogers out of my nose!
"We have lost one city, but we have several more"

bush*, the master of disaster.
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Lisa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-03-05 01:55 AM
Response to Reply #13
36. ".... but I just saved some money on my car insurance ..."
How long before he utters something like that?
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VegasWolf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 05:06 PM
Response to Original message
14. Bush is thinking that , "Poor black people don't consume that much
anyway!"
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vernon_nackulus Donating Member (42 posts) Send PM | Profile | Ignore Thu Sep-01-05 05:52 PM
Response to Original message
15. Technically Ice Ages are temporary, they don't last forever
n/t
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Triana Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 06:18 PM
Response to Original message
16. Who the HELL ever 'buys gas if they don't need it'?
:wtf:
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Lisa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-03-05 01:56 AM
Response to Reply #16
37. naw, we just get some extra for the kids to play with!
Cheaper than Play-Doh. And it does make the dog's coat nice and shiny!

(sigh)
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susu369 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 06:58 PM
Response to Original message
17. bu$h* met Greenspan over lunch
you just wonder if they even thought about those suffering without food for DAYS. Don't have to wonder if MONEY was on their minds.

Yes: I get more cynical every day.
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VegasWolf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 07:00 PM
Response to Reply #17
19. Bush tells waiter to send unused dinner roll to New Orleans. nt
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MasonJar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 06:58 PM
Response to Original message
18. Always the economy never the people.
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Skittles Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 07:26 PM
Response to Original message
20. I am hoping bush is temporary setback, a temporary disruption
it sure is a long one though
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shantipriya Donating Member (367 posts) Send PM | Profile | Ignore Thu Sep-01-05 07:35 PM
Response to Original message
21. *ush
Does this idiot know what he is talking about?
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orpupilofnature57 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 07:44 PM
Response to Original message
22. I swear, "temporary Distraction" from possibly the Mos inept man that..
Edited on Thu Sep-01-05 07:45 PM by orpupilofnature57
has ever managed Our country, Economically, socially, and as far as Democracy!!
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Up2Late Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 07:45 PM
Response to Original message
23. "Don't buy gas if you don't need it." I see he thinks we don't understand
basic economics either.

Economics 101: In a time of inflation, buy as much as you can. It WILL be more expensive the next time you buy it. (If it is a time of inflation)

In times of Deflation, buy as little as possible, it will cost less next time. (during deflation).
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Up2Late Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 01:03 AM
Response to Reply #23
26. kick n/t
:kick:
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ticapnews Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-05 07:51 PM
Response to Original message
24. Just another reminder:
We no longer live in a society.
We are an economy.

We are no longer citizens.
We are consumers.
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Gilmore Donating Member (88 posts) Send PM | Profile | Ignore Thu Sep-01-05 07:57 PM
Response to Original message
25. what?
Conserve Gas? I mean really people have to get around in this society! Bush needed to come back sooner than two days before his precious vacation ended. This is crazy.
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fob Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 01:25 AM
Response to Original message
27. I hope you won't mind if I bypass economics advice from our first "MBA"
"president" who most famously said, "I know it's a budget, it's got lots of numbers in it".

"Don't buy gas if you don't need it" - Anyone here buy gas just for shits and giggles?

:wtf: is wrong with this fucknozzle*?
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spiderpig Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 01:30 AM
Response to Reply #27
29. Um...George...?
Bite me.

Have a nice day, jerk.
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belle Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 01:10 PM
Response to Reply #27
30. He's spoiled, idiotic, permanently wetbrained from booze, and evil?
And just purely doesn't give a flying fuck.

Other than that, he's a great guy...
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brentspeak Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 01:50 PM
Response to Original message
31. Three years from now, he'll still be blaming the storm
and citing 9/11 as a bit of backup, while Karl will suggest also throwing Clinton in there for good measure.
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RaleighNCDUer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 02:40 PM
Response to Original message
32. Starting with the price of gas killing Labor Day weekend.
For thousands of resorts, Labor Day is the last hurrah of the money making season. Losing it will severely damage their annual intake. Money that they need to prep for the off season, do off season maintenance, getting ready for next summer, is not going to happen. The supplies they would have bought, won't be. Tens of thousands laid off earlier than expected.

And that's just one sector of the economy.
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Up2Late Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-02-05 10:35 PM
Response to Reply #32
34. I DID cancel my plans for Labor Day, not going to take that 5 hour drive
to Destin, Florida. Not with $3.00 to $5.00 per gallon Gas, No Way.
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pursuivant Donating Member (80 posts) Send PM | Profile | Ignore Fri Sep-02-05 05:10 PM
Response to Original message
33. Like a "temporary" hit by a bus
My guess is that it will take months for the nation to recover from the disruptions caused by the damage to the Gulf coast. It will take years for the areas actually hit by the storm to recover - if they come back at all.
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antonialee839 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-03-05 01:22 AM
Response to Original message
35. Wow! Does the jackass read palms too?
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