Thread: Bush on Economy: 'Wall Street Got Drunk'

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  1. #1 Bush on Economy: 'Wall Street Got Drunk' 
    Senior Member LogansPapa's Avatar
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    July 22, 2008 @ 5:23 pm by Andy Barr

    Explaining the current economic downturn to a closed-door fundraiser last week, President Bush said, "Wall Street got drunk."

    "There's no question about it," Bush said. "Wall Street got drunk, that's one of the reasons I asked you to turn off the TV cameras. It got drunk and now it's got a hangover. The question is how long will it sober up and not try to do all these fancy financial instruments."

    Bush made the remark at a closed-door fundraiser for Republican Pete Olson, who is challenging Rep. Nick Lampson (D-Texas).

    No cameras were allowed in the fundraiser, but an ABC affiliate in Houston acquired the video and posted it on its YouTube page Tuesday.

    Last week, Bush indicated that he fears YouTube moments such as this making it to the web.

    After asking a room of 400 supporters gathered for a fundraiser in Tucson, Arizona to turn off any recording devices, Bush said, "I don't know a lot about technology, but I do know about YouTube."

    http://briefingroom.thehill.com/2008...eet-got-drunk/

    * on the subject of inebriation - sometimes one must step aside to the perspective of a genuine expert.
    At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
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  2. #2  
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    It was a joke. Did you not hear the laughter?

    On the subject of comprehension, yours sucks.
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  3. #3  
    Senior Member LogansPapa's Avatar
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    Quote Originally Posted by lacarnut View Post
    It was a joke. Did you not hear the laughter?

    On the subject of comprehension, yours sucks.
    Oh - no shit? Thanks for pointing that out.
    At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
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  4. #4  
    noonwitch
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    You have to see the whole thing they showed this morning. His whole speech was intentionally funny.
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    Senior Member LogansPapa's Avatar
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    Yeah - I get it. But coming from a former drunk - itís even funnier.;)
    At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
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  6. #6  
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    Yeah - I get it. But coming from a former drunk - itís even funnier.
    As opposed to the Obamessiah, a lormer cokehead? Righttt...incidentally, LP, any person that faces the bottle demons and wins is a braver man than you will ever be.

    Your BDS is showing again.
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  7. #7  
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    Quote Originally Posted by noonwitch View Post
    You have to see the whole thing they showed this morning. His whole speech was intentionally funny.
    He was being intentionally funny about the housing bubble, bad loans, and speculation on gas prices?
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  8. #8  
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    Quote Originally Posted by LogansPapa View Post
    Oh - no shit? Thanks for pointing that out.
    Glad to help out a dummie, carry on.
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