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Dana Perino: Bush deserves credit for recent market uptick.

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Baikonour Donating Member (979 posts) Send PM | Profile | Ignore Sun Mar-15-09 11:25 AM
Original message
Dana Perino: Bush deserves credit for recent market uptick.
http://www.huffingtonpost.com/2009/03/15/perino-bush-deserves-cred_n_175062.html

ormer White House spokesperson Dana Perino said on Sunday that the Bush administration, while presiding over the start of the current recession, nevertheless deserved some credit for the modest uptick that Wall Street experienced this past week.

Appearing on CSPAN's Washington Journal, the last of Bush's press secretaries said it was "not a secret" that the current economic mess started under her boss's watch. But, she cautioned, the public had yet to realize the full extent to which the past president's policies "alleviat the downturn." Take, for instance, the improvement in the Dow Jones Industrial average this week.

"You were just speaking earlier about the possibility that since we had a little bit of a better week on Wall Street does that spell a turnaround?" Perino said. "Can all the credit go specifically to President Obama? Well, I would say no. We are just going to have to take a while to let all of this settle down and let the policies that our administration and the new administration are trying to put in place have a chance to work."

The Dow Jones Industrial Average had gone, roughly speaking, from a high of 14,000 to a low of just over 9,000 in the last two years of Bush's tenure. It rose from slightly below 7,000 to slightly above 7,000 this past week.

The effort to credit the market boost to Bush administration fiscal policy comes at a time of renewed debate over what role the former president played in the recession. On Sunday, former Vice President Dick Cheney said he didn't think it was fair to blame Bush for creating the current economic woes. That followed a speech by Barack Obama, saying that he had inherited the mess from which he was trying to dig the country out.

Asked how long, Obama would be able to cast blame on his predecessor, Perino responded:

"For a while, I guess. He can do it as long as he wants. The question is, is this the smartest communications strategy to be doing it? Remember, President Bush inherited a recession as well. That is when the Internet technology stocks and the companies all fell apart. The question is not who the blame. You couldn't blame the technology bubble all on President Clinton himself, absolutely not... That aside, every president inherits big problems because you are the leader of the free world and there are going to be problems that you inherit. The danger I think - and I would say we fell into this a bit as well - is that if you constantly blame the person before you, you are not able to move forward and look forward and I do not think that necessarily the country wants that right now."

:puke:
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:28 AM
Response to Original message
1. Ugh. Full tilt spin time. I guess to admit he's a failure would be to
admit to herself she is one. Same with all his sycophants.
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City Lights Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:29 AM
Response to Original message
2. What a pant load.
:eyes:
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:30 AM
Response to Original message
3. she`s a airhead.
why would anyone think she understands anything other than putting on her make-up and styling her hair.
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skooooo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:31 AM
Response to Original message
4. So when are the angry mobs...

...going to start chasing these MFers down on the street? How can they walk around in public without getting spit at?
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PDJane Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:33 AM
Response to Reply #4
7. The crowd with the pitchforks
Can't find their lawns anymore.
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skooooo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:39 AM
Response to Reply #7
14. Which means..

....they got the time now, right?
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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:32 AM
Response to Original message
5. Ha, she sure it wasn't Ronald Reagan. . .
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L0oniX Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:33 AM
Response to Original message
6. She should go back to doing porno.
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tangent90 Donating Member (787 posts) Send PM | Profile | Ignore Sun Mar-15-09 11:34 AM
Response to Reply #6
9. You mean there's something more obscene than what she's doing right now?
:scared:
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acmavm Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:34 AM
Response to Original message
8. People still listen to this ethically impaired disgrace to humanity?
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liberalmuse Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:36 AM
Response to Original message
10. The lie machine has been cranked up to full power again.
When are these criminals going to prison again?
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4lbs Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:36 AM
Response to Original message
11. The next 10 items on the Bush Readjustment of History Project.
1.) Google was created by Bush.

2.) The Mars Rovers were created by Bush.

3.) The WWW was created by Bush.

4.) The iPod was created by Bush.

5.) HDTV was created by Bush.

6.) Microsoft was created by Bush.

7.) Apple Computer was created by Bush.

8.) Bush created Intel, which created the microprocessor. Hence, Bush created the modern microcomputer.

9.) Bush invented the transistor.

10.) Bush invented the printing press.

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LaurenG Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:36 AM
Response to Original message
12. I ask you - at this point will anything they say suprise us?
well - other than "guilty as charged, your honor."
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Canuckistanian Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:37 AM
Response to Original message
13. I'm sure Bush PLANNED for the market to rise for his successor
That's the hidden genius of Bush.

The rest of us are mere mortals in his presence.
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upi402 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:40 AM
Response to Original message
15. Dana Perino, propagandist and traitor
Raygun and the Republicants blamed Carter after the Vietnam war bill came due and caused inflation. Not to mention the Bush-Saudi oil cartel (oops, I mean OPEC) gave us a taste of what's to come.

Hey, how'd that work out Dana? Good for you? Well that's all that counts for Republican patriots isn't it?
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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:46 AM
Response to Original message
16. What's next? Re-name Wall Street to Bush Street
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bridgit Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:50 AM
Response to Original message
17. Pft-BooWHAhahahaha!!!
:spray: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: Oooh-Ooh oh man, no, no, wait, I'll be OK in a mintute, just gimme a I CAN'T IT!! :rofl::rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:
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CrispyQ Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:52 AM
Response to Original message
18. These people live in fantasy land!
:grr:

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treestar Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:53 AM
Response to Original message
19. But of course!
The Clinton-created recession was finally solved by * at the very end of his term!

:rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:
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tabasco Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:57 AM
Response to Original message
20. Huh?
"from a high of 14,000 to a low of just over 9,000 in the last two years of Bush's tenure."


Correct me if I'm wrong, but the Dow was 7949 when Shrub got the boot.

So WTF are they talking about - "just over 9000?"

Help me out here.

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LynnTheDem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:58 AM
Response to Original message
21. ....
:wow:
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LynnTheDem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 11:59 AM
Response to Original message
22. "Bush inherited a recession as well." Ummm, Dana???
That's 100% pure BULLSHIT that's been debunked by George W. bUsh himself.

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Cass Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 12:07 PM
Response to Original message
23. Her explanation as to why didn't make a whole lot of sense.
:crazy:

These people will say anything, and what's scary is their deluded base of 29%ers will eat it up.
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steelmania75 Donating Member (836 posts) Send PM | Profile | Ignore Sun Mar-15-09 12:12 PM
Response to Original message
24. BULLSHIT
They blame Clinton for everything bad that happens on their watch, but they take the credit when something good happens, and they aren't even in power....
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Stevenmarc Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 12:13 PM
Response to Original message
25. Dana was in full lipstick on a pig mode
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 12:13 PM
Response to Original message
26. The legacy tour continues...
We will ram it down your throat until you gag..
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shadowknows69 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 12:15 PM
Response to Original message
27. Who is even giving this vapid waste of space a platform?
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upi402 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 01:00 PM
Response to Reply #27
32. The corporate media
the propaganda arm of the neocon authoritarian fascists


just a guess
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Vinca Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 12:22 PM
Response to Original message
28. This woman is completely out of her mind. nt
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 12:29 PM
Response to Original message
29. Reagan's tax cuts leapt over a stock crash
Bush I unemployment, and landed smack dab in the middle of the 90s.

If that's possible, anything is possible with these psychos.
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Politicalboi Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 12:45 PM
Response to Original message
30. STFU Dana
Yes everybody's blaming Bush. Becuase Bush is to blame. And when things do get better it would be none of Bush's doing.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 12:57 PM
Response to Original message
31. Uh-huh. Also, each of my testicles is twelve inches in diameter.
Talk about a load...

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csziggy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 02:21 PM
Response to Original message
33. Why - are the markets THAT happy Shrub is gone? n/t
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WI_DEM Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 02:33 PM
Response to Original message
34. Bush deserves a prison cell--and a swift kick in the ass
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benld74 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 02:41 PM
Response to Original message
35. DANA, YOU IGNORANT SLUT
You obviously have been sucking dumb ass gas from the GOP communal hose! The BEST thing you can do now is STFU!
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 02:43 PM
Response to Original message
36. Oh brother......
Edited on Sun Mar-15-09 02:45 PM by marmar
Dana, it's no longer your job - let it go. You can't raise the Lusitania.


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JitterbugPerfume Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 03:16 PM
Response to Original message
37. in what universe!
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Elidor Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 04:02 PM
Response to Original message
38. The peroxide has percolated all the way down to her brain
Not that there was anything there to begin with.
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pinniped Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 05:26 PM
Response to Original message
39. Dana and dickehead should get their stories straight.
.
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BuyingThyme Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 05:34 PM
Response to Original message
40. You really can't write better material.
Bush deserves credit for the spike in body bag sales.
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Adsos Letter Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-15-09 06:19 PM
Response to Original message
41. BWAHAHAHAHAHAHAAAA!!!
I mean, what other response is there, really?
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