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President Bush says, 'Wall Street got drunk'

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Published July 23, 2008 at 10:16 AM
A Houston TV station picked up President Bush making a comment during a press conference on the state of Wall Street. In the video Bush says, "There is no question about it; Wall Street got drunk. ... He got drunk, and now it's got a hangover."

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Can't you just picture Freddie Mac and Fannie Mae stumbling down the streets? Did Bear Stearns Cos. pass out? Where's the aspirin? - Maria Woehr

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From: Keynes,

The economic term is irrational exuberance, but the President wouldn't know that because he probably never showed up for Economics 101 when at Yale -- hence his administrations economic policies.

Posted on: July 23, 2008 11:48 AM


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