Thursday, 24 July 2008

"Wall Street Got Drunk"

Bush may be utterly unpopular as President, a lame duck waiting to be put down, he may be shunned by those seeking to be his parties backing (McCain seems to have forgotten who Bush is) but boy, can this old boy raise funds. So, as long as cameras aren't there, he is wheeled out to bring in the heavily devalued dollars to the GOP coffers.

Unfortunately, someone was filming, while he went and reeled off this classic:

"There's no question about it, Wall Street...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."

He went on to increase his gaffe SLG when discussing how Dallas seems to be unaffected by the current, crippling, economical downturn:

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

Brilliant. Laugh in the face of thousands of Americans housing and financial woes. See for yourself...

5 comments:

  1. America has a history of comedy presidents...some of us can remember back to Reagan and the gaffes he made.

    DHG - White Denim's UK record label slapped me down on my own blog. I hold you personally responsible for this as it was you who asked for my opinion. Now I can't be a member of the "Hip Young Thing Music Club" :-(

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  2. Re: White Denim, that's rubbish, what a silly thing for some 'fan' to do, your opinion is a valid one!

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  3. Bankruptcies up 261% in California. Glad he thinks it's funny.

    Hmmmm, let's not REGULATE the financial industry. Let's chastise them for being "fancy" with their fancy-schmancy "instruments."

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  4. I want to laugh. But this morning it's cutting to that soft spot in my gutt where shame resides.

    How? How did it happen? Not one term ... but two?

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  5. When my husband's parents died we bought out house outright, so we're thankfully uneffected by the crisis in the morgage industry. I will have to find a new job even though I love my current one, because I can;t afford to get to work with the gas prices, and feeding a family is becoming increasingly difficult. My brother moved to London and is finding it wonderful. He says it's the first time he's had decent health care in years, the owner of his company is a great guy, and he gets PAID vactaion as a new employee. Maybe we'll follow.

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