Bush Pushes Economic Plan to U.N.

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In a speech to the U.N. Tuesday, President Bush tried to ease economic worries.

He assured the world community that he's taking decisive action to stabilize the economy.

The president not only acknowledged the Wall Street crisis, he addressed world concerns by assuring quick action on the proposed bail-out package.

"In recent weeks we have taken bold steps to prevent a severe disruption of the American economy, which would have a devastating effect on other economies around the world," Bush said. "And I'm confident we will act in the urgent time frame required."

Tuesday marked Bush's eighth and final speech to the U.N.

Although the president once expressed disdain for the U.N., he said that multinational organizations are now needed more urgently than ever.

He also called on the U.N. to stand firm against Iran and North Korea's nuclear programs.

"We must remain vigilant against proliferation," he said. "And [in] enforcing sanctions against North Korea and Iran, we must not relent until our people are safe from this threat to civilization."

The president scolded Russia for invading neighboring Georgia and called for the support of young democracies such as Ukraine, Lebanon and Liberia.

He also reminded the U.N. of U.S. Successes --greater stability in Iraq and billions spent fighting disease in Africa. Both of which Bush, no doubt, hopes will be his legacy.

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Heather Sells

Heather Sells

CBN News Reporter

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