President George W. Bush gives a national address on the economic crisis in America. Bush cites the declining value of assets and banks with restrictive lending policies as root causes for the nation's economic instability. He proposes that the federal government provide $700 billion to assist troubled banks and shore up the U.S. financial markets with urgently needed money to help them avoid collapse and to promote lending. Despite the dire circumstances, Bush says that democratic capitalism is the best of all systems ever devised and that the country will prevail.
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