July 22, 2008
Bush on Economy: 'Wall Street Got Drunk'
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 Republicans. No cameras were allowed in the fundraiser, but an ABC affiliate in Houston acquired the video and posted it on its YouTube page Tuesday.
Well, the Idiot is out of the <bag>