Honda cuts earnings, sees 'no prospect for recovery' - CNN.com

Honda cuts earnings, sees 'no prospect for recovery' - CNN.com: "Bush said Tuesday he was 'considering all options' in aiding the U.S. auto industry because doing nothing could lead to further economic decline.

'A disorganized bankruptcy could create enormous economic difficulties, further economic difficulties,' he said. 'I feel a sense of obligation to my successor to make sure there is a not a huge economic crisis. Look, we're in a crisis now. We're in a huge recession, but I don't want to make it even worse.'"

We elected this guy? Twice?

My God.