by Mark Silva
President Bush was asking for a shutdown of video cameras at a party fundraiser in Houston.
Judging by a tape obtained by KTRK, the ABC affiliate, we now know why. See NBC's report:
"There's no question about it, Wall Street got drunk,'' Bush told his audience last week, adding with a smile: "That's one reason I asked you to turn off your TV cameras.
"It got drunk and now it's got a hangover,'' the president said of the economic turmoil the nation is facing at the moment. "The question is, how long will it sober up...
"And then we've got a housing issue -- not in Houston,'' he said, adding of his own eventual retirement homestead and a house-shopping first lady: "Evidently not in Dallas, because Laura's over there trying to buy a house.
"I like Crawford,'' Bush said of his Texas ranch. "Unfortunately, after eight years of asking her to sacrifice, I am no longer the decision-maker. She'll be deciding.''
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Comments
There goes Republican Prez Chimpy again, blaming other people for causing the problems that he himself started. This whole mess came about when BushCo deregulated Wall Street.
You're doin' a heckuva job, W....NOT!
Posted by: John E | July 23, 2008 1:37 PM
Bush will ALSO have to come down from his DRUNKEN SAILOR SPENDING SPREE...I just can't BELIEVE that Republicans have the NERVE to talk about DEMOCRATS' spending...of course it's all a matter of priorities...there's always PLENTY OF MONEY for war but God forbid Democrats should have any compassion for those who REALLY NEED IT...Republicans...we don't WANT your money, but when something happens like Katrina, that's what FEMA is SUPPOSED TO BE FOR!!!!! WHERE WERE THEY ALL WEEK WHILE PEOPLE WERE DYING RIGHT IN FRONT OF OUR EYES??????
Posted by: Mary in Iowa | July 23, 2008 2:25 PM
And you certinaly did a lot to prevent them from getting Drunk Mr. Prez. You're like the bartender that overserves everyone and wonders why a brawls breaks out in your bar.
After all you're the one who just said the other day that "free market works" hehehe... with your wry little laugh. That seems a little contradictory to this comment.
November couldn't come sooner... and just as I thought McCain would tolerable as president he starts making ridiculous comments about Iraq and offshore drilling. McCain... you're toeing the line and you will lose this election because of it. Be a man and stop pandering!!!!!
Posted by: Bones | July 23, 2008 3:01 PM
Living in the White House . . . a 4,000 sq. ft. home in Crawford, TX . . . such a sacrifice! Poor, poor Laura. It is truly inspiring what some people will endure for their country . . .
Posted by: SouthSideD | July 23, 2008 5:13 PM
The Bush administration has presided over, not one, but two, trillion dollar "hangovers"; the Iraq War and the sub-prime debacle. The Republicans plan B? After the Obama Administration is forced to let Bush's insane tax-cuts lapse, Republics will trot out their [More Tax-cuts for the Rich/borrow our way to prosperity] platform in four years. The 26% will still be there for them.
Posted by: dt | July 23, 2008 6:39 PM
Classy guy that W! His language is so concrete! What a metaphor!
Posted by: athena | July 23, 2008 6:51 PM
Uh excuse me John E... It was Wall Street that caused the problem not President Bush.
Wall Street is inhabited by professionals in a free market. They are free to do well as well as free to screw up. No one should be holding their hand to help them cross the street. If you "deregulate" your kid and let him drive the car... are you going to be responsible for his speeding ticket?
I saw nothing wrong with the comment that Bush made. That described the situation exactly like it is.
Seems to me you just want to bash Bush for saying anything. You need to grow up. The juvenile "name calling" betrays your mentality and I for one don't take your knowledge of facts seriously.
It is typical for you people on the left to dish out the name calling, Bush bashing all you want to. But when the shoe is on the other foot you go postal. So there... nana na na NANA!
Posted by: Michael | July 23, 2008 6:52 PM
"fancy financial instruments" This clown is a complete embarrassment. There should be a test required for preznit.
Posted by: santa | July 23, 2008 8:41 PM
Wall Street is inhabited by professionals in a free market. They are free to do well as well as free to screw up. No one should be holding their hand to help them cross the street. If you "deregulate" your kid and let him drive the car... are you going to be responsible for his speeding ticket?
Posted by: Michael | July 23, 2008 6:52 PM
That's why you DON'T deregulate your "kids" aka Wall Street, in the first place. Bush has always been in the backpocket of the greedy Wall Street fatcats and Big Oil co's. He got caught because the economy tanked on him before he could sneak out the back door of the White House in January.
Thanks for making my point for me, Mickey...
Posted by: John E | July 24, 2008 12:31 AM
Uh, excuse me Michael...As Wall Street proves time and again, they will get us in as much trouble as revised government regulations (championed by guys like Phil Gramm) allow. The idea that the marketplace will regulate itself is ridiculous. There is no incentive for responsible behavior. Look at the pay structure. Have you ever heard of anybody getting a $50 million dollar bonus for avoiding risky mortgage derivative and underperforming other banks short term? People are paid to swing for the fences and offered golden parachutes when they strike out. There is no such thing as a free market.
Posted by: Tom O | July 24, 2008 2:51 AM