Bush on Economy: 'Wall Street Got Drunk'

[elau]

Originally Posted by Jakarta Expat

the lawyers on the other hand would welcome both cases with open arms.........

Maybe thats one way to debunk the Bush dynasty.

[jlomon]

Originally Posted by isthisdave

Said the Bartender In Chief.

Be fair, Dave. GWB was a cokehead, not an alcoholic.

[mcbear]

Originally Posted by Jakarta Expat

I am sure McBear will expand on this but it was Greenspan that slacked and almost untied the drawstrings that kept the fiscal system in tack...........

Greenspan provided the drinks with all the interwoven investment instruments [aka House of Cards], Bushie was simply the Enabler in Chief for the past Seven years sending out the regulators to provider shooters instead of governing the industry.

I find it interesting that Bushie used the term "Wall Street Got Drunk". Apparently our C- President also doesn't get it that Wall Street reacts to the fundamentals of commerce, it is not, by itself the issue. It is the Financial Sector that got Drunk. And we continue to ENABLE them with bailouts and "soft landings" and allow their decision makers to remain in place after they have lost over a TRILLION DOLLARS of stockholder assets. Fn Brill.

[FeelTheLove]

Another deep and compelling analysis by George Bush.