-from the official White House text of a speech by President George W. Bush.
President George W. Bush reassured a Wall Street audience and the world of his commitment to free enterprise today, after his administration took over, nationalized and forced equity stakes in dozens of businesses, requiring the largest single emergency spending bill in U.S. history. Or did we just dream all this?
The President is obviously getting nervous about his legacy, which, given his standing with the American people, is understandable. Still, that slight smile on his face while he was giving his talk tended to remind us of the fox, who, having eaten the entire hen house, tries to ease the farmer’s angst by claiming that he’s really a vegetarian at heart.