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Transcripts for CNN The Eighties 20240604 05:55:00

All agree that this is an urgent problem. could they be bailed out without a tax increase? i don t think so. i think that is becoming the conclusion of most people. bush had to fill this smoking hole left by reagan and the only way to do that was to pass new legislation. we do start dipping into taxpayer money. senator say the only bailout will be for depositors, not bad anchors. no needs to worry about one nickel of their money. this legislation says, to tens of millions of s&l depositors, you will not be the them of other s mistakes. thank you very much. i am proud to sign this monster. essentially, george bush is covering the biggest overdraft in history. bush caves. he raises taxes. that kills them politically but saves america economically. ....

All Around The World , Ronald Reagan , Come Running , Tax Increase , Smoking Hole , Taxpayer Money , Start Dipping , Tens Of Millions , S L Depositors , U S , Bush Caves ,

Herbie Hancock @ Edinburgh Playhouse: live review

Herbie Hancock brings transcendental joy, with a potent mix of jazz and funk, to the opening night of Edinburgh International Festival's contemporary music programme. ....

City Of , United Kingdom , James Genus , Jess Shurte , Justin Tyson , Herbie Hancock , Lionel Loueke , Edinburgh International Festival , Edinburgh International , Factual Proof , Cantaloupe Island , Come Running ,

Transcripts for CNN The Eighties 20240604 05:54:00

We always do. it s just a question of when. my guess is it s probably 1989, rather than 1987. a little present for the new president. presidents always seem to manage to get that as their gift after the inaugurals. i promise you, if congress tries to raise taxes when i m president, and you know they will, i ll say no. they ll try one more time and i ll say no. and if they try a third time, i ll stare them right in the eye and i m going to say to them, read my lips. no new taxes! in 1988, george h.w. bush is running to take on the reagan mantle. read my lips, no new taxes. when ronald reagan left the white house in january, he also left george bush holding the ball, filled with an assortment of staggering problems. when the president calls, some come running. all agree the savings and loan crisis is an urgent problem. could the s&ls be bailed out without a tax increase? ....

One More Time , President Reagan , Read My Lips , George H W , White House , S L Crisis , Ts Ls , Come Running ,