Florida’s Chief Financial Officer Alex Sink says that while President Bush’s Thursday evening speech may have scared some Floridians, his sense of urgency in the address was warranted.

A Democrat, Sink agrees with President Bush that Washington needs to move quickly with its bailout plan to open credit lines.

Sink says the Wall Street woes of the last two weeks are making it harder for Floridians to buy houses and take out small business loans.

She says if nothing is done, Florida’s economy could tank.

“This plan has been billed as a Wall Street bailout. It’s really so much more than that, it really is a Main Street bailout, and that means making it available for small businesses and for individuals to have access to credit just to keep our economy going.”

Sink is one of the managers of the state’s 140 billion dollar pension fund. The fund lost over 5 billion dollars in value as the problems on Wall Street escalated.