Jul 24 2008


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Bush: “Wall Street Got Drunk…”

Posted at 3:28 am under Current Events in the News, Economy

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This is how Bush explained the current economic downturn to a private fundraiser last week.


“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.”

The remark was made at a closed-door fund raiser for Republican Pete Olson. No cameras were allowed in but an ABC affiliate in Houston somehow acquired the video and posted it on YouTube.

Ironically, just last week Bush voiced fears about YouTube moments such as this making it to the internet. After asking a room of 400 supporters gathered for a fund raiser in Tucson, Arizona to turn off their recording devices Bush said, “I don’t know a lot about technology, but I do know about YouTube.”

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2 responses so far

2 Responses to “Bush: “Wall Street Got Drunk…””

  1. no imageChristina (Who am I?)on 24 Jul 2008 at 1:26 pm 1

    Omy gosh…. so funny…. and we wonder why we are in the state we are! LOL Thanks for sharing! Christina
    CoffeeCoffeeCoffee

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    3.4
  2. no imageHawksdomain (Who am I?)on 24 Jul 2008 at 1:33 pm 2

    I don’t know about the rest of you, but I cannot wait until this joker is gone. This is why the rest of the country laughs at us, you know…

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    3.4

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