Bush addresses the Nation: 5 days too late.
George ‘Curious’ Bush:
Finally, when we get past the immediate challenges, my administration looks forward to working with Congress on measures to bring greater long-term transparency and reliability to the financial system.
Where have we heard this before?
In this difficult time, I know many Americans listening may be wondering about the security of your finances. Through the F.D.I.C., every savings account, checking account and certificate of deposit is insured by the federal government for up to $100,000. The F.D.I.C. has been in existence for 75 years, and no one has ever lost a penny on an insured deposit. And this will not change.