Sunday, July 27, 2008

Bush on Economy: Wall Street “Got Drunk”

President Bush made the following comments after asking people to turn off their recording devices:
There’s no question about it. 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. And then we got a housing issue, not in Houston, and evidently not in Dallas, because Laura’s over there trying to buy a house. I like Crawford, but unfortunately after eight years of asking her to sacrifice, I’m now no longer the decision maker.

The White House says Bush’s comments were in line with previous statements he’s made about the economy.

Fortunately someone recorded the arrogant remarks and the video has been posted on YouTube:

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