Tuesday, July 22, 2008

Bush: Economy was "drunk," now "hungover"
Houston Chronicle

That's the analysis President Bush, a Harvard MBA, offered at a closed Houston fundraiser last week. This curious video, obtained by Miya Shay of ABC News' Houston affiliate, was shot covertly at the Pete Olson event, after the president asked everyone to turn off their cameras.

"There's no question about it. 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," Bush said. "The question is how long will it sober up and not try to do all these fancy financial instruments."
Read more: http://blogs.chron.com/beltwayconfidential/2008/07/bush...


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