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George W. Bush

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  • Primary Choices: John McCain Thursday, 24 Jan 2008 | 10:00 PM ET
    Presidential Candidate, John McCain

    We have strong disagreements with all the Republicans running for president. The leading candidates have no plan for getting American troops out of Iraq. They are too wedded to discredited economic theories and unwilling even now to break with the legacy of President Bush. We disagree with them strongly on what makes a good Supreme Court justice.

  • Primary Choices: Hillary Clinton Thursday, 24 Jan 2008 | 9:55 PM ET
    Secretary of State Hillary Clinton

    This generally is the stage of a campaign when Democrats have to work hard to get excited about whichever candidate seems most likely to outlast an uninspiring pack. That is not remotely the case this year.

  • Bush Calls for $145 Billion In Tax Relief for Economy Thursday, 24 Jan 2008 | 11:37 AM ET
    President Bush ocomments on the US Economy from the White House, with Vice President Dick Cheney, left, and Treasury Secretary Henry Paulson, right.

    President Bush on Friday called for about $145 billion worth of tax relief and other incentives to stimulate a sagging economy and fend off a possible recession.

  • Bush Says He's Optimistic About Stimulus Plan Tuesday, 22 Jan 2008 | 4:23 PM ET
    President Bush ocomments on the US Economy from the White House, with Vice President Dick Cheney, left, and Treasury Secretary Henry Paulson, right.

    President Bush said he is confident that Congress and the administration will be able to approve a stimulus package to jump-start the economy and calm fears of recession that have shaken financial markets worldwide.

  • Who's to Blame for the Credit Crisis? Tuesday, 22 Jan 2008 | 10:11 AM ET
    Fed Cut and Mortgage

    The turmoil in the mortgage markets has incited a wave of legal tangles, as homeowners are suing lenders, lenders are suing banks, banks are suing loan specialists. And investors are suing everyone.

  • Unity on Need for Stimulus, but Still Room for Debate Sunday, 20 Jan 2008 | 11:40 AM ET
    President Bush ocomments on the US Economy from the White House, with Vice President Dick Cheney, left, and Treasury Secretary Henry Paulson, right.

    Agreement between the White House and Congress that the stumbling U.S. economy needs help was a big first step but it was clear Saturday there was room for sparring over crafting a rescue package.

  • Clinton Scores Nevada Win Aided by Women's Vote Sunday, 20 Jan 2008 | 11:17 AM ET

    Senator Hillary Rodham Clinton won the vote in the Nevada Democratic caucuses on Saturday, giving her a second consecutive victory in what is shaping up as a protracted battle with Senator Barack Obama.

  • McCain Takes Another Win, but No Clear Knockouts Sunday, 20 Jan 2008 | 11:08 AM ET

    With his victory in South Carolina on Saturday, Senator John McCain of Arizona has accomplished what no other Republican presidential candidate has been able to do this year: he has captured two competitive contests. Not incidentally, this one was in the state that effectively sank his campaign in 2000.

  • Stop Trading!: Cramer's Stimulus Package Friday, 18 Jan 2008 | 3:39 PM ET

    Washington has its plan to boost the economy, and the Mad Money host has his.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • No Clear Leader for Republican Race Wednesday, 16 Jan 2008 | 11:09 AM ET

    The convincing victory by Mitt Romney in the Michigan primary on Tuesday means three very different states — with dissimilar electorates driven by distinctive sets of priorities — have embraced three separate candidates in search of someone who can lead the party into a tough election and beyond President Bush.

  • High Oil Prices Tough on U.S. Economy, Bush Says Tuesday, 15 Jan 2008 | 4:27 AM ET

    U.S. President George W. Bush said on Tuesday oil prices were "very high" and tough for theU.S. economy to bear.

  • Michigan Voters Wary of Revitalization Talk Sunday, 13 Jan 2008 | 2:43 PM ET

    STANDISH, Mich. — This quiet town, tucked between the thumb and the rest of the fingers in Michigan’s mitten, feels worlds away from the struggling automobile factories of Flint and Detroit. But economic gloom has made its way here just as it has seeped through so much of this state.

  • Bush, Congress May Push for Stimulus Plan Saturday, 12 Jan 2008 | 9:05 AM ET

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  • bush_george_122007.jpg

    As we spend the end of the year debating the merits of the various plans to save the subprime borrower, I need to add a dose of reality to the Realty Check: On December 6th, when President Bush announced the brand new Paulson Plan to freeze certain subprime mortgages at their “teaser” rates, a little factoid got lost in the shuffle, and the trouble with this factoid is that it’s not exactly a fact.

  • Bush Still Wields Power (Veto) Against Democrats Friday, 14 Dec 2007 | 3:24 PM ET

    With an approval rating stuck in the 30s, President Bush no longer holds many political cards. But he still has one ace in the form of his veto pen. That's a substantial weapon--as President Bill Clinton showed against the Republican Congress in 1996 and Bush is showing against the Democratic Congress now.

  • While the Bush mortgage plan reduces uncertainty short term, it has created considerable debate about the long-term implications, particularly for buyers of mortgage-backed securities. Recognizing that buyers of ARM securities were anticipating receiving a higher yield (and many now will not), Raymond James noted that...

  • Reader Response

    Call it what you want: a bailout, a subprime freeze plan, or government intervention. Whatever it is or becomes, a lot of you wrote in with your opinions on the Bush/Paulson mortgage "plan." Most of what you said, to state what may be obvious, was this idea pretty much "stinks."  If I had to guess, I'd say the ratio of negative to positive emails was 30 to 1, and that's being conservative.

  • Today we saw a fine display of presidential leadership on an economic problem--the kind we would have expected from President Bill Clinton, not President George W. Bush. Yes, the administration is avoiding the "b" word, as in "bailout." And yes, in theory the new mortgage terms for homeowners facing upward resets represent a "voluntary" agreement by their creditors.

  • US House Approves $21.5 Billion Energy Bill; Veto Seen Thursday, 6 Dec 2007 | 3:38 PM ET

    The House of Representatives Thursday passed an energy bill that would boost vehicle fuel economy requirements by 40 percent by 2020, raise ethanol use by five-fold by 2022 and impose $13 billion in new taxes on big oil and gas companies.

  • Mortgage Plan Brings Rally For Homebuilders Thursday, 6 Dec 2007 | 3:01 PM ET

    Well. We haven't seen this kind of ideological food fight in a long time. The battle among traders about whether President Bush's plan is a rational response to the crisis or an unconscionable bailout is really beside the point. The central problem is that freezing adjustable mortgage rates is not a long-term solution to even the ARM problem.