Börsennotizbuch

Einen Tag nach dem überraschenden Scheitern des Rettungsplans im US-Congress (Repräsentantenhaus) wendete sich Präsident George W. Bush zum dritten Mal innerhalb von 6 Tagen an die amerikanische Öffentlichkeit und unterstrich noch einmal die dringende Notwendigkeit eines Hilfspakets für die schwer angeschlagene Finanzbranche. Als ein Argument und Vergleichspunkt diente der gestrige Kurssturz an Wall Street, der innerhalb weniger Stunden mehr Marktkapitalisierung vernichtet hat als die im Plan vorgesehenen Summen:

I recognize this is a difficult vote for members of Congress. Many of them don’t like the fact that our economy has reached this point, and I understand that. But the reality is that we are in an urgent situation, and the consequences will grow worse each day if we do not act. The dramatic drop in the stock market that we saw yesterday will have a direct impact on the retirement accounts, pension funds, and personal savings of millions of our citizens. And if our nation continues on this course, the economic damage will be painful and lasting.

And I know many Americans are especially worried about the cost of the legislation. The bill the House considered yesterday commits up to 700 billion taxpayer dollars to purchase troubled assets from banks and other financial institutions. That, no question, is a large amount of money. We’re also dealing with a large problem. But to put that in perspective, the drop in the stock market yesterday represented more than a trillion dollars in losses.

Furthermore, both the nonpartisan Congressional Budget Office and the Office of Management and Budget expect that the legislation considered would ultimately cost the taxpayer far less than the $700 billion. Because the government would be purchasing troubled assets and selling them once the market recovers, it is likely that many of the assets would go up in value over time. Ultimately, we expect that much — if not all — of the tax dollars we invest will be paid back.

Der ganze Text: President Bush Discusses Economic Rescue Plan