Mofo gotta ask me politely for it …


WASHINGTON (CNN) — President Bush said Monday that President-elect Barack Obama has not yet asked him to request the release of the remaining $350 billion in Troubled Asset Relief Program funds.
President Bush addresses reporters at the White House on Monday in his final news conference.

President Bush addresses reporters at the White House on Monday in his final news conference.

Bush said he has no intention of doing so unless Obama asks him to do so.

“I don’t intend to make the request unless he specifically asks me to make it,” Bush said.

If Bush submits a request in the next few days authorizing the release of the remaining funds from the TARP program, the money wouldn’t be available for 15 days at the earliest — or a few days into the Obama administration.

Senate Democrats on Sunday met with members of Obama’s economic team and emerged from the private meeting optimistic about plans to spend the remaining $350 billion in TARP funds and helping to shape the economic recovery package.

Lawmakers on both sides of the aisle have expressed unhappiness with the way the Treasury Department used the first $350 billion to capitalize banks. They object to how Treasury made investments with few strings attached and no process for tracking how the banks are using the money.
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* How will you remember Bush?
* Where’s the bank bailout money?

Bush addressed several other subjects in his final news conference before leaving office:

• Gaza: The president said that a “sustainable cease-fire” could be accomplished only when “Hamas stops firing rockets into Israel.”

Bush said that the “choice is Hamas’ to make.” He also stated that the best way to get a sustainable cease-fire is to “work with Egypt to stop the smuggling of arms into … Gaza.

“Countries that supply weapons to Hamas have got to stop,” he said.

• His plans after leaving office: “When I get out of here, I’m getting off the stage. I believe there ought to be one person in the Klieg lights at a time.” How will you remember Bush?

• Biggest mistakes in office: “Clearly putting a ‘Mission Accomplished’ [banner] on an aircraft carrier was a mistake,” Bush said about how his administration handled the fall of Baghdad to U.S. troops. “It sent the wrong message,” he said.

• Social Security: Bush said that he should have pursed a comprehensive immigration overhaul after the 2004 election, instead of Social Security reform. He said that Congress did not have the political willpower to tackle Social Security at the time because the program was not facing an “imminent” funding crisis.

• Hurricane Katrina response: Bush defended his widely criticized decision not to visit Louisiana after Hurricane Katrina hit in 2005. Bush said that if he “landed Air Force One in New Orleans or Baton Rouge” shortly after the hurricane, “law enforcement would have been pulled away from the mission.” The media, Bush said, would have then asked how he could have “possibly have flown Air Force One into Baton Rouge” when “police officers that were needed to expedite traffic out of New Orleans were taken off the task to look after you?


~ by blkirish on January 12, 2009.

3 Responses to “Mofo gotta ask me politely for it …”

  1. Just two words: Good riddance.

  2. @deesha

    Isn’t that a fellow alum of yours? LOL


  3. I got in on merit. He can’t say the same, lol!

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