Comments on: Bush: Wall Street Has "Hangover"

President Makes Unguarded Comment At Houston Fundraiser; Says Economy Must "Sober Up"

[cattlekate]

No Mister Bush - you and your cronies engineered this with your Enron loophole, relaxation of SEC rules, and ability to manipulate the market. And now you want the Middle Class to pay for it.

Another Bush quote for the ages. (But we will all be dead so who cares.)

[forthepeopl1]

this say''''''''s it all. it''''''''s all about the wall street investors and mainly china,japan investor. the one''''''''s mr potatohead paulson sold them in his many years.

his head is on the chopping block and he is useing the americans tax payers to bail him out.
July 22 (Bloomberg) -- Treasury Secretary Henry Paulson, trying to persuade Congress to approve his rescue plan for Fannie Mae and Freddie Mac, said U.S. financial market stability is at stake and international investors are awaiting the outcome.

``This is about not only our housing markets, but it''''''''s about our capital markets more broadly,'''''''''''''''' Paulson said in an interview with Bloomberg Television today. ``This goes well beyond the two institutions -- Fannie and Freddie -- it has to do with investors in the United States and investors all over the world.''''''''''''''''

yep, we the people get f by whitehouse and congress again..thanks to americans not telling congress to get f on this idear. everyone should hold town by town rally,city by city rally,state by state rallys or completely stop working stop buying,stop them in their tracks.

come on america what will it take for you to stand up for your kids and grandkids futures..

[e-mail]



americans need to tell congress that the same investors that are putting americans on the streets, need to be told that it goes both ways, and americans are not going to bailout the same investors that started this whole thing in the first place

[kansas1946]

There is no question about it. Wall Street got drunk," the president said. "That''s one reason I asked you to turn off your TV cameras."

"The question is, How long will it (take to) sober up and not try to do all these fancy financial instruments?"

He segued to problems in the housing market but said they weren''t an issue in Houston. "Evidently not in Dallas because Laura''s over there trying to buy a house today." Bush has six months left in office and is expected to return to Texas.
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Gosh, the economic genius has spoken. These preditory lending practices were allowed to flourish on his watch, of course he didn''t want any controls or regulations placed on the banks, heaven forbid. They might not send so much money to the Republican party. We who remember, went through one of these bail-outs in the 80''s with the savings and loans and it cost the tax-payers billions. This will cost the tax-payers billions also because we have had an idiot in the Whitehouse for eight years and a Republican congress for six of those years who just "let it ride."

[pvperson]

"Markets were dealing with very complex financial instruments, and it''s clear to everyone that the markets didn''t fully understand the risk"

And gosh, we''ve got an idiot available to explain it to them.

[newview08]

Remember that hangovers come from abuse, not accidents. What''s pathetic is that he drove them to the liquor store in the first place, then gave them the keys to the car.

[jjp735i]

One drunk to another. Who would know better. It''s no wonder Bush wanted the cameras off. He knew before he spoke how people would respond and was still dumb enough to say it.

[nssherlock1]

And WHO would no more about hangovers than the SHRUBmeister?