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Closing Arguments: Bush "Drunk" Comments
July 23, 2008 10:56 PM
President Bush made some unguarded comments at a closed-door fundraiser in Houston last week about the state of the economy and Wall Street's roll in the current troubles. No press cameras were allowed, but the comments were captured on a personal video camera. And they have created quite a stir:
“Wall Street got drunk. That’s one of the reasons I asked you to turn off your TV cameras. It got drunk and now, it’s got a hangover. The question is how long will it sober up? And not try all these fancy financial instruments.”
Well, today the White House played it all down, saying that the remarks were consistent with what the President has said in the past, just more descriptive. So, what do you think about it 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?
July 23, 2008 | Permalink | Share | User Comments (73)
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* hic *
... and Dr. Phil meant a nation of WINOS ...
* hic *
Posted by: Snarxon | Jul 23, 2008 11:49:24 PM
takes one to know one...
Posted by: MIguy | Jul 23, 2008 11:52:24 PM
the president is absolutely right!
Posted by: evelyn | Jul 23, 2008 11:55:03 PM
know you are but what am I ...
Posted by: Snarxon | Jul 23, 2008 11:55:49 PM
OH BOY, WHAT A THING TO SAY.
Posted by: MONICA | Jul 24, 2008 12:09:44 AM
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.
Posted by: Missy | Jul 24, 2008 12:09:50 AM
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.
Posted by: derek | Jul 24, 2008 12:10:16 AM
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.
Posted by: mitch martino | Jul 24, 2008 12:12:13 AM
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'.
Posted by: Debbie | Jul 24, 2008 12:12:43 AM
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.
Posted by: Emily | Jul 24, 2008 12:13:29 AM
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.
Posted by: Carol | Jul 24, 2008 12:13:39 AM
Bush is right. The video was probably taken by a "democ-"rat".
Posted by: raymond | Jul 24, 2008 12:13:55 AM
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!!
Posted by: P. Koch | Jul 24, 2008 12:15:05 AM
It's a pretty good analogy. But he should have mentioned what they got drunk on: their insatiable greed!
Posted by: Larry (of upstate NY) | Jul 24, 2008 12:15:20 AM
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.
Posted by: Carol Radsprecher | Jul 24, 2008 12:15:43 AM
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???
Posted by: Steve | Jul 24, 2008 12:15:45 AM
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.
Posted by: Cyndee | Jul 24, 2008 12:16:20 AM
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!
Posted by: Brett Wilkinson | Jul 24, 2008 12:17:10 AM
"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.
Posted by: Cottage Grove | Jul 24, 2008 12:17:28 AM
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.
Posted by: Adam | Jul 24, 2008 12:18:07 AM
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