Wednesday, July 23, 2008

Got Drunk?

Recent quote from our President, the leader (sic) of the Free world...


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 Republican Pete Olson, who is challenging Rep. Nick Lampson (D-Texas). No cameras were allowed in the fundraiser, but an ABC affiliate in Houston acquired the video and posted it on its YouTube page Tuesday. Last week, Bush indicated that he fears YouTube moments such as this making it to the web.

After asking a room of 400 supporters gathered for a fundraiser in Tucson, Arizona to turn off any recording devices, Bush said, "I don't know a lot about technology, but I do know about YouTube."


I don't know what bothers me the most about this. Could it be that President can only relate the current financial crisis in the terms of a drunken fratboy? Could it be that he knows he is gonna say something stupid and wants to make sure the cameras are off? Could it be that, regardless of whether he is going to say something stupid or not, the President doesn't want a record of what he says? Or maybe that he knows more about YouTube than technology, and the economy too, it seems?

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