I've changed my mind.
All this time, I thought W. was an incompetent boob.
But today - brilliance. Rock-solid genius.
George W. Bush - you are my hero. OK, just on this one thing....
Bush says he will veto housing-relief bill
As the House prepared to vote on a housing-relief bill offered by Democratic leaders, President George W. Bush on Wednesday told the lawmakers, in effect, not to bother.
"I will veto the bill that's moving through the House today if it makes it to my desk," the president said at the White House, after meeting with Republican House leaders. "I urge members on both sides of the aisle to focus on a good piece of legislation that is being sponsored by Republican members."
The president's remarks were not surprising, given that the administration issued a statement on Tuesday evening declaring its opposition and saying that White House advisers would urge the president to veto it.
But Bush's personal pledge to veto the measure championed by Representative Barney Frank, the Massachusetts Democrat who heads the Financial Services Committee, made it less likely that a bipartisan housing deal will be achieved soon, especially in this election year.
The president on Wednesday repeated his opposition to a bill "that will reward speculators and lenders" who have suffered because of their own foolishness. More modest measures are pushed by Republicans leaders, and Bush said those steps "will do the right thing for the American people."