WASHINGTON (AP) - President Bush quickly signed into law a far-reaching $700 billion bill to bail out the nation's tottering financial industry, calling it "essential to helping America's economy" weather the storm.The president signed the bill Friday about an hour and a half after the House completed congressional action on it with a 263-171 vote, underscoring the sense of urgency surrounding the measure.
"I know some Americans have concerns about this legislation, especially about the government's role and the bill's cost," Bush said in remarks in the Rose Garden.
"As a strong supporter of free enterprise, I believe government intervention should occur only when necessary. In this situation, action is clearly necessary."
This explains how America, as we know it, was taken over by the banking elite:
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