Daily News Article - September 25, 2008
1. What was the purpose of President Bush's speech to the nation last night?
2. Why did President Bush say he wants the government to intervene in the economic crisis despite his belief that "democratic capitalism is the best system ever devised" and his "natural instinct is to avoid government intervention?"
3. a) What is President Bush asking Congress to do?
b) Why does he say this is necessary?
4. According to President Bush, what have the government's top economic experts warned might happen without immediate action by Congress?
5. How did President Bush address the opposition most Americans have to bailing out Wall Street?
6. a) How did President Bush address concerns of congressmen who have said they would not pass a bill that had no oversight provisions or did not contain strict terms limiting the pay of executives from companies that needed bailing out?
b) For what reason did Treasury Secretary Paulson say he was not firmly committed to limiting the pay of executives from the companies that needed bailing out?