The latest in George W. Bush

Analysis: Confidence in Obama's leadership shaken

2011-08-12T13:30:11Z

WASHINGTON (Reuters) - A spree of bad news -- market gyrations, fears of a double-dip recession, stubborn unemployment and fallout from a debt deal -- has shaken confidence in President Barack Obama's leadership and could cloud his chances for winning re-election.

Obama is seeking a second term in office in an election that is still far off -- November 2012. But...

An ideological divide

2010-11-11T02:30:16Z

In book, former president admits mistakes — his party should follow suit

Former President George W. Bush is back in the news, peddling his newly published memoir and trying to rehabilitate his image. In an interview published Tuesday in USA Today, Bush said, "I readily concede I could have done things better," adding that he...

Why America is in debt

2010-11-29T15:51:54Z

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Trickle-down economics

2010-11-29T15:41:31Z

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Bush Press Conference February 28

2010-11-30T13:26:03Z

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Inland Empire's homeownership rate falls

2010-11-04T07:49:50Z

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Government involvement in current economic meltdown

2010-11-04T14:32:57Z

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THE LIBERAL PERSPECTIVE/Economic Downturns Require Massive Government Investment

2010-11-03T09:40:00Z

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Late night shows.

2010-11-03T03:17:44Z

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Independents and Conservatives With a Conscience: Answer Me This Please.

2010-11-03T00:17:41Z

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American Deficit The Republican Legacy

2010-11-03T00:00:51Z

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Bush reflects on his time as president: ABC

2010-11-03T00:19:53Z

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The Iraq War Will Cost Us $3 Trillion, and Much More!!!

2010-11-03T00:00:59Z

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My Stock Market Analysis with Political Events

2010-11-02T18:06:07Z

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Great hope for English

2010-11-03T00:09:23Z

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Whose Afraid of the "Big Bad Bailout"?

2010-11-03T00:01:27Z

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Book Review: The Last Best Hope By Joe Scarborough

2010-10-05T11:47:38Z

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(10/2010) Book Review: The Last Best Hope By Joe Scarborough

2010-10-04T05:12:22Z

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Stock market showing similarities to 1992

2010-09-13T19:15:21Z

We could even return to buy and hold being a viable strategy

The favorite forecasting tool of economists and investors is to extend whatever are the current conditions and recent trends in a straight line into the future. I was reminded of that by an article in this week’s Bloomberg Businessweek magazine, which began with the following;

“The U.S. economy remains almost comatose . . . The current slump already ranks as the longest pe...

The Democrats' Fannie Is Showing

2010-09-15T20:47:38Z

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Lawmakers brace for budget deficit update

2010-08-19T04:30:07Z

WASHINGTON (Reuters) - Congressional analysts are set to release an authoritative outlook on budget deficits on Thursday as President Barack Obama tries to ease voter anxiety about the spending gaps that some fear may thwart efforts to revive the economy.

The Congressiona...

Government Takeover Is Never A Good Idea

2010-09-22T08:55:23Z

The More Government, The Longer and Deeper The Recession

by Michael D. Hume, M.S.

If you listen to today's mainstream media, you might think our current government has led us to a "recovery" from a recession that is wholly the fault of George W. Bush, although the recovery is, mysteriously, "weak."

Are we really in recovery in the United States, or is this simply the eye of a large, frightening storm? Some experts predict our social pro...

In a sluggish economic summer, no easy fix ahead

2010-09-22T14:04:15Z

Who will fix the economy? The Fed, Congress, shoppers and businesses all shrug

The Federal Reserve has little power left to lift the economy out of its rut. Congress, with an election looming, has no appetite for more stimulus. Shoppers are reluctant to spend, and businesses are slow to hire.

Let's face it: There is no easy or imminent fix for the flagging recovery.

The sluggish ec...

The Recession. Why Businesses go Bust?

2010-10-14T07:29:20Z

The Recession. Why Businesses go Bust?

Since the recession had such a great impact on a lot of people, it has become an important subject. The subject is important for not only business people, but also the general public. The general public includes students, teachers, farmers and even doctors. Eve...

Economic gains may not mean votes for Democrats

2010-05-26T09:18:09Z

WASHINGTON (Reuters) - The U.S. economy has begun to rebound from a long recession, but Democrats could struggle to reap the rewards in November's congressional elections given persistently high unemployment and a gloomy voter mood.

Opinion polls show that Americans are still deeply worr...

$4.35 Gallon of Gas Offset by $700 Billion Financial Bailout

2010-10-27T08:33:49Z

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Commitment Vs. Involvement: In An Egg And Ham Sandwich, The Chicken Is Involved But The Pig Is Committed

2010-10-06T02:24:28Z

A recent article in the St. Petersburg Times by Robert Trigaux reminded me of this grand old saying: "Commitment Vs. Involvement: In An Egg and Ham Sandwich, The Chicken Is Involved But The Pig Is Committed." The article was published on Sunday, April 11, 2010 and it went through the cast of characters that were somehow involved with the market crash and recession starting in late 2007. The majority of the article was based on the testimony a lot of these people recently gave in fr...

Ignoring The Elephant In The Room, The Federal Reserve System

2010-09-22T02:06:54Z

The common theme from the media, the economists, and the government they serve is the failure of the Free Market. According to them, both the Obama and Bush administrations and both parties in congress, more regulation, more interventionism, more spending and more debt will solve the crisis. Yet, the very people who caused the mess and were clueless to the approaching doom are the new found savants who will lead us out of it. As usual, ignoring government failure, they blame everyone but the ...

Obama’s Budget Task Force: Clever Politics, Poor Leadership

2010-10-25T07:54:40Z

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This principled conservative is at odds with Ôthe movementÕ

2010-04-16T07:06:09Z

David FrumÕs conservative credentials are unimpeachable. He wrote for the conservative journal National Review for 25 years, was a speechwriter for President George W. Bush, and even wrote a book with Richard Perle, a man known in liberal quarters as the ÒPrince of Darkness.Ó

At a US government closed its 2009 fiscal year with a record 1.417 trillion dollar budget deficit as it poured resources to contain a serious financial crisis that plunged the nation into recession.

The deficit was some 962 billion dollars higher than the prior year and amounted to 10 percent of US gross domestic product (GDP), the highest since 1945, officials said Friday.

The huge jump in the budget shortfall stemmed ...

US budget deficit hits record $1.4 trillion

2010-06-25T20:15:15Z

The US government closed its 2009 fiscal year with a record 1.417 trillion dollar budget deficit as it poured resources to contain a serious financial crisis that plunged the nation into recession.

The deficit was some 962 billion dollars higher than the prior year and amounted to 10 percent of US gross domestic product (GDP), the highest since 1945, officials said Friday.

The huge jump in the budget shortfall stemmed ...

A 2009 Stimulus Package Report Card

2010-10-22T07:40:21Z

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Debunking the 'Too Big to Fail' Myth Once and for All

2010-10-22T07:29:37Z

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The True Origins of This Financial Crisis

2010-10-22T11:41:17Z

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When Recession Becomes the Norm, What Happens to Stocks?

2010-10-22T07:27:36Z

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A look at economic developments around the globe

2010-10-22T07:46:23Z

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September 24, 2008 (Wednesday): Bush Appeals to Public on Bailout; Letterman Takes on McCain

2010-10-24T09:32:25Z

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AP Poll: A year later, worries linger on economy

2010-06-25T20:42:31Z

AP Poll: Confidence in US stewardship of economy remains low a year after near meltdown

One year after Wall Street teetered on the brink of collapse, seven out of 10 Americans lack confidence the federal government has taken safeguards to prevent another financial industry meltdown, according to a new Anatomy of a meltdown: How the financial crisis unfolded in 5 terrifying weeks

The nation was focused on a tropical storm spinning off the Carolinas and a hurricane headed for Florida. People were gaming out how a political novice named Sarah Palin might upend the presidential campaign.

The President Barack Obama on Tuesday awarded Federal Reserve Chairman Ben Bernanke a second term, charging him with steering the US economy out of the worst slump since the 1930s.

Obama suddenly interrupted his vacation on the well-heeled resort island of Martha's Vineyard to make the announcement, reasoning t...

Obama to reappoint Bernanke as Fed chairman

2010-06-25T20:56:36Z

President Barack Obama will Tuesday award Ben Bernanke a second term as Federal Reserve chairman, entrusting him with forging recovery from the worst economic slump since the 1930s.

In a sudden break from his vacation on well-heeled Marth...

US to lower budget deficit estimate

2010-04-16T10:43:54Z

The White House will next week cut the estimated 2009 US budget deficit to 1.58 trillion dollars, around 262 billion dollars lower than forecast, an Obama administration official said.

President Barack Obama's ...

Promises Promises

2010-10-22T10:56:09Z

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Adjustable rate mortgage

2010-10-22T09:05:38Z

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Winter's Coming for the Boomers: Part 1

2010-10-22T07:17:36Z

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Why deficit has mushroomed

2010-04-16T11:47:32Z

Analysis finds that Bush policies, economic recessions are largely to blame

With bailouts of banks and automakers, an economic stimulus package and ambitious programs to address health care, energy and education, President Barack Obama is absorbing a lot of heat from critics who say he is chiefly responsible for driving up the nationÕs budget defici...

The Financial Stress Tests (Fudging the Report Card)

2010-10-26T20:53:09Z

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Bush misses seeing G.I.'s, White House food

2010-04-16T12:04:12Z

Air Force One, White House meals: These are a few of George Bush's favorite things from office

Flying on Air Force One, eating meals prepared by the White House kitchen staff and drawing inspiration from his encounters with U....

Steve: Not Another Sarbox

2010-10-21T10:00:02Z

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Obama: 'unrelenting' efforts on economy, security

2010-04-16T12:41:30Z

Marking his symbolic 100th day in office, President Barack Obama has pledged an "unrelenting, unyielding effort" to return to US prosperity and confront threats including swine flu and terrorism.

Early on Wednesday he visited the American heartland, telling a town-hall style event in Missouri that while he was "pleased with our progress ... I am not satisfied" with the accomplish...

Obama vows 'unrelenting' efforts on economy, flu

2010-06-25T22:38:06Z

Marking his symbolic 100th day in office, US President Barack Obama pledged an "unrelenting, unyielding effort" to return to economic prosperity and confront threats including swine flu.

The president said that while he was "pleased with our progress ... I am not satisfied" with the accomplishments in his first four months and stressed there was a long slog ahead to pull the nation out of its worst recession in decades.

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Failure of Morality, Not Capitalism

2010-10-21T09:50:12Z

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The BBC can't help loving Obama, just as it can't help encouraging recession

2010-04-16T15:08:34Z

Excuse me for a moment; it's all become a little too much for me and I need to sit down somewhere quiet, take a few deep breaths and dry my eyes.

I feel all choked up inside. He came down for us, to wash away our sins. Sorry, sorry -- forgive me, I've been watching the BBC's coverage of Barack Obama's coronation, live from

How Will the Stock Market React to Obama's First Year?

2010-10-21T09:17:58Z

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Obama the anti-cynic - and his message

2010-10-21T10:31:35Z

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What Can We Learn from the 1930s?

2010-10-21T09:17:30Z

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FACT CHECK: In final word, Bush gilds his record

2010-04-16T15:22:30Z

FACT CHECK: On the economy, Middle East and Katrina, Bush's version is rosier than reality

President George W. Bush claimed to have inherited a recession that in fact began on his watch in a legacy-polishing news conference Monday often at odds with his record. A look at some of the president's claims in his final news conference, and the facts:

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Bush defends economic policies

2010-04-16T15:22:39Z

Bush says he acted appropriately to deal with economic woes

When it comes to the economy, President George W. Bush is making no apologies.

The president says he's taken "extraordinary measures" to deal with frozen credit markets, which he says is the first step toward recovery. He says a lot of the decisions he's made have been "very aggressive" ones, aimed at keeping the financial system from "crat...

Bush, issue by issue

2010-08-25T13:29:38Z

A look at Bush's record, issue by issue

A look at the ups and downs of George W. Bush's presidency on some of the biggest issues of the day:

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BUDGET

Bush inherited a federal budget that had just posted a record $236 billion surplus, but the U.S. government's fiscal picture deteriorated sharply on his watch. The deficit for the recently completed 2008 budget year registered a record $4...

Analysis: Bush legacy _ grim times, gloomy nation

2010-04-16T15:24:00Z

Analysis: Bush's leaves a nation gripped by war, recession and gloom; he'll wait for history

Wars. Recession. Bailouts. Debt. Gloom.

The unvarnished review of George W. Bush's presidency reveals a portrait of America he never would have imagined.

Bush came into office promising limited government and humble foreign policy; he exits with his imprint on startling free-market intervention and nat...

Obama's Trillions and Trillions--Federal Budget Deficits

2010-10-26T12:09:14Z

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How Will Obama Deal with the Federal Deficit?

2010-10-21T09:16:47Z

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Mini-Depression of 2008

2010-10-21T09:47:38Z

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The Housing Blame Game, Redux

2010-10-21T09:15:43Z

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Asian markets lower amid bleak global economic outlook

2010-10-22T13:20:34Z

Asian markets were lower Monday as world finance leaders gave a grim forecast for 2009 despite US President George W. Bush offering a multi-billion-dollar lifeline to the auto industry.

Traders had been lifted by the announcement at the weekend of the 13.4 billion dollar bailout for two of the Big Three automakers but soon fell away as concerns for the global ...

Bush says he can't let auto companies collapse

2010-10-22T10:52:10Z

Bush says loans to auto companies will avoid big blow to economy

President George W. Bush says he's offering $17.4 billion in loans to the auto industry because letting them collapse is "not a responsible course of action."

He says the rescue plan will require "meaningful concessions" from the auto companies and others, including labor unions and suppliers. The companies, he says, "must understand w...

Bush says sacrificed free-market principles to save economy

2010-04-16T13:48:52Z

US President George W. Bush said in an interview Tuesday he was forced to sacrifice free market principles to save the economy from "collapse."

"I've abandoned free-market principles to save the free-market system," Bush told CNN television, saying he had made the decision "to make sure the economy doesn't collapse."

Bush's comments r...

Will recession mean a toned-down inauguration?

2010-04-16T13:56:26Z

In the worst recession since the Depression, how lavish can inauguration be?

Unemployment is on the rise. The stock market is in the tank. Is this any time for a party?

For the sake of the masses expected for President-elect Barack Obama's inauguration, let's hope so. While Obama must be sensitive to the nation's time of war and recession, there still is reason to expect a rollicking time.

"We're ...

A New Theory of Socioeconomics

2010-10-14T08:19:08Z

A New Theory of Socio-economics

by Robert DePaolo

While the current economic crisis is daunting it is not surprising. Whether you are the sole proprietor of a hardward store or the president of General Motors you will know that recessions happen every seven or eight years. They happen in all societies. They happen regardless of which political party is in office. They happen whether the economic emphasis is on Adam Smth (conservative) economics or Keynesian...

Job losses mount as economic picture worsens

2010-11-17T13:44:38Z

Half-million US jobs lost as economy continues worst free-fall in decades

Record numbers of homeowners are falling behind on mortgage payments and the U.S. economy is losing jobs at an alarming rate with companies big and small slashing their work force.

A half-million American jobs disappeared month, the worst mass layoffs in more than three decades, as the nation spiraled downward in what could be the hardest hard times since the Bush uses 'recession' for first time, says some automakers 'may not survive'

President George W. Bush publicly acknowledged for the first time Friday that the U.S. economy is in a recession and worried aloud that Detroit's Big Three automakers may not all survive their mounting troubles.

Four days after the long-suspected existence of a recession was mad...

Jobless data show US in recession

2010-11-17T13:42:25Z

US President George W. Bush on Friday acknowledged for the first time that the US economy is in a recession after the release of official data showing the worst monthly job losses since 1974.

"Today's job data reflects the fact that our economy is in a recession," Bush said. "My administration is committed to ensuring that our economy succeeds, and I know the incomi...

Economic crisis of mismanagement

2010-04-16T14:00:41Z

Paulson responsible for crushing confidence

In the midst of a downturn why do markets typically recover before the economic data does? Shouldn’t we have to wait for employment to improve or for GDP to go positive? That would make it easy on us but, unfortunately, that’s not the way it works. The market recovers before the economy because confidence is the real driver of the market. Confidence trumps economic data, technical analysis and corporate earnings. It’s li...

Bush sorry economic crisis has cut jobs, 401 (k)s

2010-04-16T14:02:33Z

Bush expresses remorse that economic crisis causing unemployment, drop in 401 (k) accounts

President George W. Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts and said he'll back more government intervention if needed to ease the recession.

"I'm sorry it's happening, of course," Bush said in a wide-ranging interview with ABC's "World News," which ...

It's official: US has been in a recession all year

2010-04-16T14:02:56Z

National Bureau of Economic Research panel says US recession began in December 2007

It's official. The U.S. economy has been in a recession for the past year.

The start of the downturn was announced Monday by the National Bureau of Economic Research.

The NBER — a private, nonprofit research or...

Bernanke says crisis 'no comparison' to Great Depression

2010-04-16T14:03:03Z

Federal Reserve chairman Ben Bernanke said Monday the current economic situation bears "no comparison" to the much deeper crisis of the 1930s Great Depression.

"Well, you hear a lot of loose talk, but let me just ... say, as a scholar of the Great Depression -- and I've written books a...

The "official" Recession of 2008

2010-10-14T06:24:36Z

Everyone can now relax. We are officially IN a RECESSION. You probably have known that for some time now, but the official word hs come down from the mountain tops and here's what the tablets have written on them. The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.
The NBER?a private, nonprofit research organization?said its group of academic economists who determine business cycles met and decided that the U.S. recession b...

Finance crisis shows teeth with mass Citigroup cuts

2010-10-22T11:35:41Z

A brutal financial crisis showed its teeth on Monday as US banking giant Citigroup announced a massive 50,000 job cuts and automakers begged governments to save them amid a spreading global recession.

Japan became the latest giant economy to confirm it had fallen into recession, following US President George W. Bush emerged from the G20 summit Saturday satisfied with having preserved the principles of free market economics, while leaving his successor wide room for maneuver.

After 24 hours of hosting world leaders in what a senior administration official called an "extraordinarily successful summit," Bush will be confronted anew with the urgency of the crisis, including decisions to be made over the fate of...

Obama pushes new rescue plan for US economy

2010-04-16T14:22:56Z

President-elect Barack Obama said Saturday the US economy was already in "recession" and urged Congress to take urgent steps to alleviate the financial pain of millions of Americans.

"If Congress does not pass an immediate plan that gives the economy the boost it needs, I will make it my first order of business as president," Obama said in the Democratic Par...

Econ summit vows action _ takes few concrete steps

2010-04-16T14:23:09Z

Emergency economic summit brings promises of action, cooperation, leaves details for later

President George W. Bush underscored how dire the economic crisis has become when he told world leaders that he had agreed to a $700 billion rescue plan for financial institutions only after he'd learned the U.S. was at risk of sinking into a "depression grea...

Obama presses for new rescue moves for US economy

2010-04-16T14:23:35Z

President-elect Barack Obama said Saturday the US economy was already in "recession" and urged Congress to take urgent steps to alleviate the financial pain of millions of Americans.

"If Congress does not pass an immediate plan that gives the economy the boost it needs, I will make it my first order of business as president," Obama said in the Democratic Par...

Obama presses for new rescue for US economy

2010-04-16T14:23:49Z

President-elect Barack Obama said on Saturday the US economy was already in "recession" and urged Congress to take urgent steps to alleviate the financial pain of millions of Americans.

"If Congress does not pass an immediate plan that gives the economy the boost it needs, I will make it my first order of business as president," Obama said in the Democratic ...

G20 to agree to reform roadmap, stimulus efforts

2010-04-16T14:24:21Z

World leaders gathered here Saturday for a economic crisis summit are to agree an action plan for reforming financial regulation and will pledge to stimulate the struggling world economy, a source told AFP.

The final communique issued by the here, whose countries represent 85 percent of the world economy, is to commit them to three principles: stimulus efforts, reform of financial regulation and global goverance changes.

Few specifics on the reforms are expected at this stage...

Finance summit to agree reform roadmap, stimulus efforts

2010-04-16T14:24:21Z

The final communique issued by the leaders here, whose countries represent 85 percent of the world economy, is to commit them to three principles: stimulus efforts, reform of financial regulation and global governance changes.

Few specifics on the reforms are expected at t...

Economic powers launch Washington crisis summit

2010-04-16T14:24:22Z

Leaders from the world's biggest economic powers grappled with how to restore lasting stability to the shell-shocked international financial system as a crisis summit in Washington got underway.

Opening the summit with a toast, US President George W. Bush hosted more than 20 from the world's richest nations and emerging economic powerhouses at a working
at ...

Bush Library Electronic Archives

2010-12-22T15:33:08Z

FILE - In this Jan. 15, 2009, file photo workers store thousands of boxes of documents from President Bush's years in the White House at a warehouse in Lewisville, Texas. Bush’s electronic archives alone contain more than 200 million e-mails. But, don't expect to see am email ...

Billy Graham Bush

2010-12-20T14:01:44Z

Former president George W. Bush greets a person as he signs autographs of his new book "Decision Points" at the Billy Graham Library in Charlotte, N.C., on Monday, Dec. 20, 2010. (AP Photo/Nell President Barack Obama, joined by Vice President Joe Biden at left, speaks before signing the bipartisan tax package that extends tax cuts for families at all income levels, at the Eisenhower Executive Office Building in the White H...

Mideast Lebanon Iraq Shoe Thrower

2010-12-14T12:31:52Z

Iraqi journalist Muntadhar al-Zeidi signs his first book entitled "The Last Salute to President Bush," at a book fair in Beirut, Lebanon, Tuesday, Dec. 14, 2010. Al-Zeidi who threw his shoes at President George W. Bush in Baghdad in 200...

US Presidents Behind Closed Doors

2010-11-30T06:32:14Z

FILE - In this Sept. 12, 2001, file photo congressional leaders Senate Majority Leader Trent Lott, R-Miss., from left, Speaker of the House Dennis Hastert, D-Ill., and Senate Minority Leader Tom Daschle, D-S.D. leave the West Wing of the White House in