Bush: 'Wall Street got drunk'

[tiznow]

bush boom biatches

boy is this guy gonna go down in history as a complete clown....


:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte:missingte

Published: Thursday, 24 July 2008, 11:01AM

President George W Bush has explained the global credit crunch by saying "Wall Street got drunk".


When asked what led to the US housing market meltdown that threw the world's economy into turmoil, Mr Bush said: "There's no question about it. Wall Street got drunk.


"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?"


Mr Bush's comments were recorded on a mobile phone camera and then posted on YouTube.


"He has said before that Wall Street was dealing with very complex financial instruments and that the markets didn't fully understand the risks that those instruments posed to the system," White House spokeswoman Dana Perino said.


"It is certainly a more colourful way of saying what he said before, but he's described it that way before in terms of his observations of what happened to the market," she said.


The video also shows Mr Bush joking with a friendly crowd and musing about his life when he leaves the White House in January.


"We've got a housing issue," Mr Bush said. "Not in Houston, evidently not in Dallas, because Laura's over there trying to buy a house today."


He explained that his wife no longer wished to live in rural Crawford, Texas, and preferred Dallas where the Bush presidential library will be located.
"I like Crawford, unfortunately after eight years of asking her to sacrifice, I am no longer the decision maker," he said.

 

[tiznow]

i like how the audience laughs and it just eggs him on and drags him deeper into his stupid rant thinking he's being funny....

what a complete clown

<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/hrzFyeHSRJI&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/hrzFyeHSRJI&hl=en&fs=1" type="application/x-shockwave-flash" allowfullscreen="true" width="425" height="344"></embed></object>

 

[Spytheweb]

He has 5 full months to go.

 

[gtc08]

tizzie, didnt you vote for him?

 

[Willie99]

tizdoom now an expert at analyzing the intent of an audience reaction which was captured on a "cell phone".

your skills are boundless my friend.

 

[gtc08]

hey willie, you yourself even admitted your vote for bush was a mistake

 

[Willie99]

hey willie, you yourself even admitted your vote for bush was a mistake

:think2: I said what and when?

I'm being framed

 

[gtc08]

i was trying to give you the benefit of the doubt. how is connecticut these days?

 

[fletchisrhsm]

The question is, how long will it sober up and not try to do all these fancy financial instruments?"

:lolBIG: He actually makes some sense in that wall street was overindulging with greed, but obviously Bush isnt one for metaphors, but he is damn sure capable of irony - on a day to day basis. How else can you explain one of the least qualified men in the field having the most responsibility. I wonder how drunk he must think those Saudis were when they were buying out his failed oil business? It never gets old watching this drunken Neanderthal trip over his two feet, this story about sums up the last 8 years.

 

[Willie99]

I love this looney leftie state, the educational opportunities, the jobs, the unreal prices for real estate, the proximity to NYC & Beantown and for college hoops. The men and women will be pulling off twin championships this year, that's a stone cold possibility.

 

[tiznow]

tizzie, didnt you vote for him?

just round 1 when he was saying no nation building humble foreign policy etc....

3rd party was my vote in 2004

 

[tiznow]

tizdoom now an expert at analyzing the intent of an audience reaction which was captured on a "cell phone".

your skills are boundless my friend.

intent of the audience reaction?

they obviously just a bunch of rich spoiled fucks just like dubya....

all i'm saying anytime this guy gets up there and audience starts to laugh he just drags himself deeper into his stupidity

got people losing homes left and right

and he's up there joking about dallas market not being so bad with his daughter looking for a house.....and laura and his life after the WH

 

[fletchisrhsm]

UConn men will DEF NOT be pulling down anything in the BE let alone anything on the national scale. Did i mention Pitt returns basically the entire team that one the BE last year?

Hasheem Thabeet ??? :missingte

 

[Willie99]

HT will be a lottery pick, especially after another year with Jim Calhoun. Did you not see his dramatic improvement after one year? We have the best class in the conference coming in, and 4 returning starters.

Your midget guards will get eaten up and spit out by AJ, Dyson & Kimba Walker.

When will early exit Pitt ever do something the the Big Dance?

:lolBIG:

 

[Willie99]

intent of the audience reaction?

they obviously just a bunch of rich spoiled fucks just like dubya....

all i'm saying anytime this guy gets up there and audience starts to laugh he just drags himself deeper into his stupidity

got people losing homes left and right

and he's up there joking about dallas market not being so bad with his daughter looking for a house.....and laura and his life after the WH

Sorry Tizdoom, I think everybody needs to laugh. I know you can't stand that stuff, but life goes on.

 

[tiznow]

Sorry Tizdoom, I think everybody needs to laugh. I know you can't stand that stuff, but life goes on.

presidents are supposed to be the spokesman for regular americans

not joking around with his rich buddies like all politicians

of course this shit makes me puke and is why this country is going down the tubes

people like you would rather just allow it, stick their heads in the sand, and let the status quo continue....

bush was a good president prior to 9/11 taking lots of vacation not doing much....what most presidents should do stay the fuck outta the way and let the people run their lives as they please.....

than post 9/11 all hell broke loose

 

[Willie99]

presidents are supposed to be the spokesman for regular americans

not joking around with his rich buddies like all politicians

of course this shit makes me puke and is why this country is going down the tubes

people like you would rather just allow it, stick their heads in the sand, and let the status quo continue....

I don't see it that way. I can find faults with every politician, but not for joking around with their buddies, sorry.

 

[cutacrossshorty]

I'm not sure Bush would appreciate this metaphor. Afterall, isn't he a creationist?

 

[fletchisrhsm]

I'm not sure Bush would appreciate this metaphor. Afterall, isn't he a creationist?

:nohead:

Im not sure, but if im not mistaken... I thought i seen a copy of "Thus Spoke Zarathustra" in the oval office in a picture a few years back?

Life is much easier when you have the disillusion of magic "out of the hat" creationism. Because then that allows everything else to be easily classified. Black and white. Good and evil. Terrorists and victims. Rich and poor, etc etc etc. The best part about these folks is that they are so dead set against evolution. You ask them how the Lord put us here, they dont know, but they do know its surly not evolution... and why? Because...it doesn't say so in the Bible. People were created form thin air. The planet was created before the universe. This is the type of logic (amongst other "tactics") that helped get this clown elected in the first place.

That book must have belonged to Richard.

 

[D2bets]

You know he's probably got this personal translator in the white house to translate the "complificated" stuff into words and concepts he can understand. "See G, them banking people had too much too drink, ya see, and they came up with all this fancy stuff and they caused problems". So this is how that guy described it, with them fancy financial instruments. Problem is George forgets a lot that he's not supposed to parrot those translations.