George Bush actually said...

"Americans should be confident that the actions taken today will strengthen our ability to weather the housing correction and are critical to returning the economy to stronger sustained growth in the f..."

"These housing mortgage companies cannot continue to operate safely and soundly and fulfill their public mission, posing an unacceptable risk to the broader financial system and our economy."

"I know anticipation is rising here—we will have the Little League Pledge."

"Putting these companies on sound financial footing and reforming their business practices is critical to the health of our financial system and to making further progress with the housing correction."