Nightline's Daily Line

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... and Dr. Phil meant a nation of WINOS ...

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takes one to know one...

the president is absolutely right!

know you are but what am I ...

OH BOY, WHAT A THING TO SAY.

The president is 100% right and wall street and the big oil companies are why we are all paying over $4 for gas and people are losing there homes.

I think he pretty much put it in laymans terms and could not agree with him more. It is the news that has tried to twist everything that is said by him and the candidates, trying to influence this election just like you have done in the past.

Yes, President Bush was more descriptive than he has been about Wall St. and that's the way every politician should be. If every politician talked like there were no cameras or microphones in the room, then most people would respect politicians. Whether we agree or not, at least we know his position and that garners more respect than most bumbling, stumbling politicians.

If that wasnt the dumbest statement I have ever heard coming out of a grown man's mouth. Shame to think he was actually commander in chief for two elections. How bout we just call his era 'the dumb years'.

I think what he is saying is correct, but he needs to say in more lamen's terms and face reality. His speech to try to make everyone feel better last week was a failure and then he states this to a close ceremony. I feel that the economy is drunk, and needs to be sobered up, but if I was the president, I surely would not say it in this format. I think it is uncanny, not professional and un-needed in a time like this when most Americans are fearful of what may happen tomorrow and what bill will get paid next or not paid.

My comment is this: if the President of the US said there were to be no camera allowed, then NO ONE should have used a camera or recording device. Whether you agree with his policies or not, he is our President and deserves our respect.

Bush is right. The video was probably taken by a "democ-"rat".

The only reason why your network made the statement of the President public is ABC shows your lack of good judgement once again on news worthy substance. We as Americans know your dislike of OUR PRESIDENT just so glad he is Our President and not yours!!

It's a pretty good analogy. But he should have mentioned what they got drunk on: their insatiable greed!

I am never surprised by what the not-soon-enough-gone "president" says and the inept, stupid way in which he says what comes to his little mind. His comments about Wall Street and our current economic situation were simplistic, as is most of what seeps out of his maw. And with regard to the issue of privacy, no one in public (or private?) office should ever be assured that what they say will not be recorded.

It'll be a refreshing change when Obama, with his fluency and words-connected-to-a-brain, takes over.

For once Bush got it right. Maybe he should have the banks & morgate companies got drunk and now going through rehab. What were they smoking???

I don't think the president should speak of wall street the way he did. He could have been more intelligent and used better words. It is unfortunate that he thought he wasn't being taped. However, this also happened to Barack Obama. We should all be careful about what we say. This is an age of technology. Many cellphones can audio record. Hopefully, the president learned his lesson.

Here's what I think....

What really grinds my gears, is that this was a "closed door" fundraiser and someone so happened to record this event. Many people think that this is wrong to do, but I think, as George W. Bush being our PRESIDENT, that we have every right to hear what he has to say. It always matters what he says, and when he says it, but he should be aware that someone, somewhere, will record it, and it will either be on your great news cast, or be blasted all over the technological waves of the internet.

And another thing is, that I think what he said about Wall Street being drunk, is completely accurate. I mean, look at How our economy is free falling into a downward spiral of depression. I, myself, live in Mississippi, and I know what its like to be at the end of the "financially-successful-rope". Wall Street is slacking, but Americans themselves are slacking. Drawing unemployment when its not needed. Drawing disability when its not needed.
So my opinion is yes, Wall Street Is "Drunk", but some of the people in this great country of ours are also "Drunk". WAKE UP PEOPLE, WE ARE ALL IN THIS TOGETHER!

"So, what do you think about it [Bush's remarks about Wall St] all? Did the President have a point? Should the President be so candid? And what about the release of such a video when it was a closed-door event?"

My answers to your questions: I think Bush's remarks smacked of ignorance, arrogance and shame. He had no point, but to "admonish" a stoned-out, drunk frat brother. Candor? The president is at his best when it comes to candor since he never weighs the consequences of his idiotic words - he's an utter imbecile. Closed door event? What is that supposed to mean? That one is thus free to show one's real self, as opposed to lying in public, non-closed events? We have the president and news outlets we deserve in this country. You're all a pack of liars.

GW is right we don't need fancy financial instruments. We need accountability. As for hidden video tapes of the president; they are a security concern. In this case no harm done but they should find the camera operator and revoke their press privilege.

President Bush has relatively little understanding of what got the economy in the position it is currently in and an even weaker understanding of our failed monetary policy. The "inconvenient truth" of our current time involves the direct relationship between our economic woes the very nature of the Federal Reserve system, which is by FACT not a federal institution, but rather a conglomerate formed by private international bankers.
A little food for thought: "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around will deprive the people of all property until their children wake up homeless on the continent their fathers conquered." -Thomas Jefferson

Glad people release such "behind-closed-doors" comments publicly! As a man elected and paid by America's citizens to serve their interests, there should be few justifiable cases where the President should be allowed to withhold information from them. His analysis of the Wall Street situation, like most of his thinking, is simplistic and superficial. Not surprisingly, it brings no useful wisdom to the current crisis.

When someone is right they are right.

Just another on a very long list of very inane remarks. His stupidity is one thing he will definitely be remembered for.

Eloquent, honest, intelligent or most importantly, PRESIDENTIAL he is NOT!

If our esteemed electorate had been hitting the bottle a little less during Bush the Seconds's first run for office, we'd be hearing less of this trademark inarticulate drivel now.

I agree with Pres. Bush and that was not the dumbest statement you ever heard either. You want change I assume??? You will be hollerin "calf rope" if that happens, and that was the dumbest sentance I ever read, too

The individual who released this clip should be ashamed of themselves releasing this clip. It's no wonder our President can no longer be an individual; they must be without flaw 24/7.
Yes he had a point and there is nothing wrong with being succinct and colorful in his statements.

I think Pres. Bush should be allowed to talk candidly. And if it's closed to the cameras, then those videoing it should be punished. It is sad to think our politians can't be candid. What info we would receive if they were honest. It's sickening to know they say what they think is going to get them elected -mostly lies. How pityful.

President Bush is so completely out of touch with what real Americans are going through! How at this point can he try to shift blame and make jokes about the housing crisis and the tanking economy while so many of us are in such real trouble?! It's shocking and sad!

Cynthia McFadden's sneering tone always gets my attention because I know she's got her claws out ready to pounce.  Too bad the news media is always so quick to put their spin on every single thing a person says.  Why don't you just report the news without the attitude all the time lady.

I'm glad someone released Bush's Wall Street comments publicly. He was elected and is paid by American citizens to serve their best interests. There should be precious few situations where he should be allowed to conceal his activities from us. The comments themselves were, like the rest of this man's thinking, simplistic and superficial. Not surprisingly, they contribute no useful wisdom to our grasp of the current crisis.

Bush is exactly right....and this is the main reason taxpayers should be forced to bail them out of the housing market fiasco.

We are soon to be losing a man with what it takes to stand with his convictions. This president speaks his unrehearsed politically incorrect opinions that every other politician can only aspire to be able to achieve again in my lifetime. While other politicians backtracks saying I have been taken out of context, ECT. Let’s be thankful someone speaks what they think to the public.

Maybe Wall Street needs to join Friends Of Bill.

Just goes to show you how a person like bush will speak when he thinks he is behind closed doors, where he has been hiding for the past eight years. and it definitely speaks for itself "IT TAKES ONE TO KNOW ONE"

Given he assumed he was speaking off camera we must consider the fact we have all at one time or another wish we had chosen different words. Given the fact he is president you would hope he has fewer of those. This ranks with the vice president's comment about having Chaneys on both sides of his family tree. I don't think either of these guys give a darn about making America better.

How can he be so cold and callous. A lot of people's 401K are crashing with the market.

Im not always the biggest fan of our President, but this time I will take his side.

Have you seen the latest Business Week - it says about the same thing, "How Wall Street Ate the Economy" and it has.

So on this issue, i agree with Bush and think that its also strange that the commander in chief asked for people to trun off their video recorders, thats also a cheap shot.

So, basically, what I am getting from things so far is that Bush supporters think that it doesn't necessarily matter the lack of intelligence within the remarks, so long as he has the guts to say what he thinks. To me, that sounds a lot like a John McCain voter there. Both sound as though their economic education consists of an introduction course at the community college. As for the Obama supporters, I hear a lot of talk about change and hope, but with little substance behind it. He offers no solutions for the problems our economy will face in the upcoming years, since his policies should have the same effect as the erroneously spending neoconservatives.

Right on Mr. President, I couldn't agree more. Why shouldn't he be able to talk frankly and dispense with the crazy political correctness. All we hear from Obama is what he thinks we want to hear to elect him. Bush at least speaks his mind.

Wall Street, the mortgage market and home buyers went totally nuts the past few years. How the heck could a 1000 sq ft home in certain parts of the country be worth more than the net worth I've gathered in my lifetime with a technical college degree? Greenspan was understated when he called it "irrational exuberance". It's much worse!

Here is a guy who got in by the skin of his teeth. Survived his first term, got re-elected and has had everything includung the kitchen sink thown at him. He is still standing!
As for his words... Eat them!

It has been said that the maturity level of addictive personalities stops at the point when they first became addicted to their drug of choice.

Let's see, when did "dubya" first become addicted to alcohol, his self-admitted drug of choice?

The comments were juvenile, irresponsible and showed a total lack of understanding of our financial markets.

In light of remarkable and articulate use of our native language by some of the current candidates why does no one, including the press, question the Presidents completely confused and incorrect use of the English language?
What does "how long will it sober up" mean? "And not try to do all these fancy financial instruments?" The lousy grammar simply boggles the mind.

Every one is a critic!

Seems that those "fancy financial instruments" that W refers to are the direct consequence of financial deregulation--it's his own party that muzzled the government watchdogs (since, for Republicans from Reagan on, government is the problem, not the solution), leading to undocumented mortgage loans with no transparency, "derivatives" with no business purpose, and schemes named after Star Wars plots (aka Enron Inc.). It seems the Republican enablers have provided their "markets" with far too many cheap wines, and then blamed the hangover on those who advocated moderation all along. Next thing you know they'll blame our addiction to oil not on the Republicans who resisted mileage standards, but on Democrats who won't support the two-bit gimmick of gas tax suspension (oh, wait, McCain's already made that accusation..).

Everyone should be a critic. After all, this is supposed to be a republic. You know what, nevermind....no one criticize anymore! The ferderal government is going to take care of us. Bush said so, and he is far more knowledgeable than those guys like Thomas Jefferson that founded our country.

Bush is absolutely right on this one! Wall Street isn't the only ones drunk though - it was the home buyers and everyone else who wanted to "Keep up with the Jones' " and outdo their neighbor, knowing they couldn't afford to, just to be part of this superficial world we exist in. I respect Bush at least for getting this right and he should put his feelings to action so American taxpayers with enough integrity to live within their means wouldn't shoulder any additional financial burdens as a result of irresponsible lending and borrowing practices.

Well it is not only the home buyer's faults for attempting to keep up with the Jones', but also the mortgage companies who did not educate these buyers (many of them first time) on how these balloon loans and Variable rate mortgages work. This is just the beginning of a very scary vicious cycle. People are having to choose between food and gas. Electric bill or gas to go to work! This is very frightening and I do not feel that making remarks about it, in this way solves any of the problems!

My, my, my....the truth hurts Wall Street! Bush is constantly critisized for being straight forward about problems we must work to CHANGE in our country!!!!
The President was at private function I attended Tuesday and he gave the most incrediblely moving speech. It should've been aired to all Americans!! Bush cares so passionately about the welfare of our country!! Bush does not "sugar coat" important issues concerning OUR COUNTRY and he didn't this past Tuesday. I am thankful he has been our President for the past 2 terms. I am mostly thankful for Bush keeping our country SAFE!!! WAKE UP America....remember 911 ??
*** Americans should be more concerned about OBAMA's ..."Crash Course" on Iraq war that GOOD MORNING AMERICA commented on this past week which GMA didn't say in a negative way either. (Note the the word "crash" in their comments. A crash course in any foreign matters...not a good idea!!!!) Bush is a "Real" president...Obama tells Americans what they what to hear...not the TRUTH about what our country needs. Again.....WAKE UP America!!

You are all a bunch of failed economic major transvestites. Our President, the honorable Mr. George W. Bush was making a joke, just having some clean harmless fun. Your interpretation of it is absurd, politically motivated, and ignorant. You, incompetent, lazy, uneducated, welfare sucking pieces of garbage, spent your money on drugs sex and rock n' roll but didn't save for hard times. And now you blame the goverment because of your irresponsible stupidity. The global economy is not about the $3.95 that you have in the bank, its about global economies of scale. The war was needed, or terrorism would have hurt you somehow by now. George W. Bush will be vindicated years from now, when the fruit of his conviction is understood. I would have voted for him again it it were possible. You go ahead, morons', and sell YOUR country to the f_*ck_ing-islam snd their stupid-koran comic book. Prophet muhamad can kiss-my-a_s_s*. Losers'.

President Bush is correct. However, the government supplied the booze by setting homeownership goals. Early in his administration Mr. Bush spoke about getting 70% of the households to partake in homeownership. Wall Street helped by neglecting to use common sense(risk management) in their lending practices to make a quick buck. Also, to be fair we must thank Mr. Clinton for signing legislation allowing major financial players to rewrite(loosen) the rules that govern them in the late 90's. This is not a failure of one party but a failure of the American people as a collective body.

All participants in this mess were being greedy and no one was doing the "right thing". The banks wanted to make the money upfront and they knew interest rates would go up(look at historical data please) so they wanted to hedge themselves. Banking has always been about proving one can cover his/her bets in good times and bad. So why if our leaders have studied business would you ever think you can borrow money without documentation of a loan? The individuals are going to flock this product if you allow poor behavior(where I come from being a "liar" or "cheat" is not a good behavior) Also not understanding the document which you are signing is also your fault. So had anyone demonstrated personal responsibility on either side of the table we would not be here today. To embrace the folly of his/her day or the wisdom the ages is the true test of character.
If Americans want to honor those who have come before us we need to do the "right thing" everyday in everyway. The future of this great country depends on it.

Should this have been "leaked" to the press and the American people? Frankly it doesn't matter, but I don't think it was passed to the media by someone who was a Republican. What did they get out of it? money? political gain?

While the comment was not sugar-coated it is the truth. Twelve trillon dollars to make up for the people who put themselves ahead of everyone else by taking the "easy" money". Jeopardizing our free and capitalist society demonstrates Americans lack of vision and leadership. We are all to blame for tolerating such poor behavior. We also suffer from a lack of vision and controls in our country. Sadly, neither Mr. McCain or Mr. Obama will be able to fix the core problem. The collective body of Americans just need to make better decsions and laws and own those decsions and laws. If America is only about individuals and not about something bigger we would not have taken Normandy Beach in June of 1944. Young Americans would not have stood watch on gunboats during monsoon season in Vietnam for this country. America is not just about you or me. It is about us. Let's be proud stewards of the greatest country in the world.

Usury, in part, is to blame for some of it. However, "Drunken like" approval of in perfected debt is also to blame.
As for the Oil/Energy is different can of worms!

Why dioes the media waste its time on such foolishness as the President's comment on Wall St.? He said it right--and probably could have said more.edia jumps on every little thing; makes mountains out of molehills. How about attacking something worthwhile like Byrd's tenure; 90 years old, comes to work in a wheelchair, and has been in D.C. so long he has 6 foot roots.
Or how about the do-nothhing Congress we have had to live with for the last umpteen years. Attack them for a change and maybe, just maybe you could
do some good. Do you really thing Mr.
President's comment on the Stock Market was really newsworthy? I don't. It's just some more of the liberal media's
BS. Look into Obama's congressional voting record. Now there's an item of interest. At a role call vote how many yeas or nays does he have? Not many, but he has lots of "presents". When I went to school, "present" was not a vote--it merely signified a presence, which, in my book, doesn't count for much.

It's nice to know the President is human. The fact that he spoke frankly does not bother me at all, in fact I like his bluntness. What does bother me is that a person released a video from a closed door session...that damages the trusting relation between the press and the government.

I don't care for President Bush; However, I agree with on one thing and that is Wall Street is drunk or using crack. LOL LOL!

It's about time Bush got real.

In a nation that has become overly sensitive and become extremely militant it is not surprising that the population we now call American's would take issue with a simple innocent analogy....All I have to say is "grow up America," there's "bigger fish to fry."

I would expect him to say something so idiotic--remember all you republicans--he's an idiot, he talks out of his rear end.

Georgie is showing his true colors. Why is anyone shocked at his lack of intelligence after 8 years of one stupid thing after another? I am ASHAMED of what America has become in the eyes of the world since he took office!

And who gave them the 'booze'(ie carte blanche to get away with anything while the 'drunkard's administration' was too 'drunk' with power to care? Our DUI (for real) Prez. 1/3/09 may God save us from anyone as bad as this jerk.

It's remarkable that someone with a well-known history of alcohol abuse would use "drunk" as a metaphor to bite the hands that overfed him--and by barely making sense doing it, sound like little more than the ramblings of an abuser. (They say your never an ex.) As for the substance of the remarks he might have intended to make soberly, it's a tempest in a teetotaler's pot.

To be sure no one misunderstand:

1/20/09
MAY GOD SAVE US FROM ANYONE AS BAD AS BUSH

Chill out people. "The kid was driving too fast and totaled the car. Don't know when he'll be out of the hospital, but he'll have a hell of a headache." A simple comment not meant to explain why the kid was driving too fast, who gave him the keys, where he bought the gas, or how it could have been prevented. His grammar skills aside, Bush made a simple comment not worthy of any news coverage.

I was amused at how people took the chance to step up on their soapboxes and blather on about things beyond the context of the simple question at hand.

I love it to hear the commander in chief without his hat on just his mouth running like a dumb ******. One person said a democrat is the one whom must have taken the video of such ignorant statements, haha. These are things we American's need to hear, the darn truth. Which most up their on the hill don't know anything about. Where was he did he or anyone else loose money they all knew on the hill that Indy bank was going under so blame game with the Dumb *** Republicans. I won't clasify you all in one lump sum though, I feel sorry for that 28 % who really think Bush is doing a great job. LMAO

Truer words were never spoken. He hit the nail right on the head.

Why can't our president level with us? He has lied into war and now he obviously will not tell us the truth about the economy. But he will tell it off the record to a group of his followers. That just makes it as plain as can be that he does not consider himself to be president of all the people.

Someone said that we needed this war, else terrorism would have gotten to us somehow. Can I ask what evidence is had for this claim? I have a small bit of evidence suggesting otherwise, including the reason why they attacked us. And no, yankee doodle, it isn't because we're rich, white, Christian, and immoral. The Ayatollah tried years ago to wage a jihad against the West for this very reason and failed. They attacked us because our policymakers have had our military occypying their countries and meddling in their governments. Bin Laden's jihad movement, as twisted as it is, is fundamentally defensive. One of the main reasons for the Sept. 11 attacks given was our presence on the Arabian peninsula. This is how the results of his movement have differed from that of the Ayatollah years ago. No one is looking to excuse it, just as a detective doesn't try to excuse a murder. What it does provide, however, is motive. This is a fact that has been deliberately hidden from us by the Bush administration. You want to stop the risk of terrorism? Stop being a frightened child and hiding behind Uncle Sam's coat tails. Use intellectual reasoning....something that seems to be lacking with a lot of people posting here. Maybe then we'll stop seeing so much "blowback," a term coined by our own CIA when they explained the Iranian hostage crisis in the late seventies.

The reason I hit on this point is because our economic situation is directly related to our overstreteched and overspent foreign policy. George Washington once asked, "Why quit our own to stand upon foreign ground?" And another fool, James Madison, said "It is a universal truth that the loss of liberty at home is to be charged to the provisions against danger, real or pretended, from abroad."
Glad we have actually found some intelligent men to run this country...(yes, sarcasm)

And those are FACTS. If you can differentiate that from your expansionist nationalism, I'll gladly listen to your reasoning.

A lot of people put down the president. However, here he is telling the truth. He sould not have to ask for no cameras just so he can speak his mind. I look for a president who tells it like it is. I do not know about the rest of you but I want nothing sugar coated!

It is way past time for Bush to go!!
He doesn't have a clue to what the average or poor go threw! I feel they have impeached or spoken about impeaching for a lot less than this. He needs a reality check. let him live on the streets for a week! Maybe then he'd wake up and his eyes would open up!!! Sorry don't think it would help!

USURY was illegal, unethical, immoral and just plain wrong! Then this all changed. Now we pay the consequences for condoning USURY!

We live in times where right has become wrong and wrong has become right. Sodom and Gomorah all over again!

GOD HELP US!

It was a fundraising moment probably among his closest friends who probably find the candid remarks refreshing. I dont have a problem with what he said because there is truth in it. The president is being honest but he's being criticized for it.

OMG-This is the first intelligent thing I have heard him say! Wall Street is becoming like Vegas East.
But it doesn't go far enough. Oversight in so many areas has been removed based on a mythical "free marketplace" The reality is that there are a few huge players. The true "free marketplace" that is self-regulating by "natural forces" with only many small buyers and only many small sellers must be made a true fact before regulations and oversight are removed. Unless this condition exists, adult supervision is needed for the players.