Washington , Oct 11 : A new FOX News poll has claimed that a majority of Americans are not supportive or enthused about the Bush Administration’s 700 billion dollar bail out package to stop the meltdown on Wall Street.
A 53 percent majority thinks government involvement is not part of the solution at all, but part of the problem. This view is more intense among Republicans (69 percent) and independents (59 percent)—though a large minority of Democrats (40 percent) also views government involvement in a negative light.
Washington - President George W Bush sought to assure the world that the US government was doing all it could to keep the world's largest economy afloat as global stocks were in free-fall on Friday.
Bush said a "startling" drop in US stocks in the last few days was being "driven by uncertainty and fear," and insisted the US already had all the tools necessary to resolve the financial crisis.
Washington - President George W Bush's massive bailout of the finance sector isn't very conservative or Republican - and he has no problem expressing the discomfort he feels by breaking with his political ideology to rescue Wall Street.
While in the White House, Bush was supposed to represent the conservative base of the Republican Party opposed to large government spending, taxes, economic restraints or Democratic attempts to regulate the free market.
Washington - US President George W Bush on Thursday called for a "common policy" between the United States and Europe to address the financial crisis that has threatened the world's economy.
Bush, meeting with Slovak President Ivan Gasparovic, said he discussed "our common desire to work with our European friends to develop a best as possible common policy."
Washington, Oct 9 : US President George W Bush has signed into law the legislation to implement the historic Indo-US civil nuclear deal assuring there are “no changes” in fuel supply commitments as provided in the 123 Agreement.
“This legislation does not change the fuel assurance commitments that the US government has made to the Government of India as recorded in the 123 Agreement,” Bush said allaying India''s fears on issues relating to fuel supplies.
Brasilia - US President George W Bush told Brazilian President Luiz Inacio Lula da Silva Wednesday that a 700-billion- dollar rescue plan should be felt on US financial markets "in close to two-and-a-half weeks," according to Lula's office.
Bush spoke with the Brazilian leader by telephone Wednesday afternoon, after Lula called the US president over the weekend to discuss the global financial crisis.
Lula was said to have told Bush that the Brazilian economy remains firm despite the crisis.