Bush on Economy: 'Wall Street Got Drunk'

[LogansPapa]

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.

[lacarnut]

It was a joke. Did you not hear the laughter?

On the subject of comprehension, yours sucks.

[LogansPapa]

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.

[noonwitch]

You have to see the whole thing they showed this morning. His whole speech was intentionally funny.

[lacarnut]

Oh - no shit? Thanks for pointing that out.

Glad to help out a dummie, carry on.

[LogansPapa]

Yeah - I get it. But coming from a former drunk - it’s even funnier.;)

[Sonnabend]

Yeah - I get it. But coming from a former drunk - it’s 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.

[Cold Warrior]

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.

Uh, I think Georgie Porgie is also a former cokehead of the highest caliber.

[LogansPapa]

Uh, I think Georgie Porgie is also a former cokehead of the highest caliber.

D'oh! :p Wow - GWB must be really brave then.;)

[Sonnabend]

Uh, I think Georgie Porgie is also a former cokehead of the highest caliber.

The source of that allegation was a woman who later admitted she had no proof..and if you are going to use Kitty Kelley as a source, dont expect to be taken seriously.

Obama OPENLY ADMITTED he used coke.