12/04/1989
https://www.presidency.ucsb.edu...
"Under ordinary circumstances, failing entities should be allowed to fail. I have concluded these are not ordinary circumstances."
"Under ordinary circumstances, failed entities -- failing entities should be allowed to fail. I have concluded these are not ordinary circumstances."
"The President is considering various policy options right now to help because as you said a disorderly collapse would be bad for the economy."
"I, George Walker Bush..."