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Laying down blame for our economic troubles.(Inside Track)
After President George W. Bush asked guests at a Republican fundraiser to turn off their cameras--which at least one person failed to do--he proceeded to blame Wall Street for the current financial and housing troubles: "Wall Street got drunk.... It got drunk and now it's got a hangover. The question is how long will it [take to] sober up. And then we have the housing issue." Bush's comments about drunkenness and sobriety, once posted on YouTube, went viral and led to jeers from his mainly liberal detractors, who claim that Bush has verified their long-standing claims that his rich buddies in the private sector are to blame for the United States' economic problems--that and too little government regulation.
The jibes at Bush ring ironic because those making them typically don't give Bush credit for brains enough to escape a paper-bag prison; now they're making him out to be an economic savant.
In truth, Wall Street (and Main Street too) could not have gotten drunk on our easy-money and easy-credit policies, and would not now be experiencing a hangover, if those policies did not exist in the ...
- No Bulls For Bush: With Little Access, Wall Street Views White House Warily.(A)
- Magazine article from: Investor's Business Daily March 14, 2001 700+ words
...last week. But Wall Street traders have...exuberance. Bush's agenda includes...predecessor. Wall Street isthus unlikely to supply Bush with the validation...crises reared up. Bush, by contrast, views New York and Wall Street as alien turf...
- No Bulls For Bush: With Little Access, Wall Street Views White House...
- Magazine article from: Investor's Business Daily March 14, 2001 700+ words
...predecessor. Wall Street is thus unlikely to supply Bush with the validation...bailout "crazy." Bush's other choices...economist with no Wall Street experience...crises reared up. Bush, by contrast, views New York and Wall Street as alien turf...
- Show Them The Money: As Social Security and antitrust issues loom, Wall Street...
- Magazine article from: Investment Dealers' Digest Etzel, Barbara July 3, 2000 700+ words
...employees and spouses. Bush has received $3...election cycle from Wall Street individuals and...CNN poll shows Bush leading Gore 49...are blurring. "Wall Street has become more...edge in terms of Wall Street's loyalties...Security, which Bush has brought back...
- Wall Street Analysts Say Bush a Favorite to Win Back Job in 2004.
- News wire article from: Atlanta Journal-Constitution (Atlanta, GA) August 7, 2003 700+ words
...McNaughton Aug. 7--Wall Street thought George H.W. Bush was a lock for re...seemed to be so for Bush's father, too...months away. Given Wall Street's history of performing...of the people on Wall Street would prefer Bush to Dean," said...
- OPINION: Wall Street backs both Bush, Kerry for few campaign dollars more.
- Newspaper article from: Sunday Business (London) October 17, 2004 700+ words
...enmity towards Bush is not the norm on Wall Street; most banks...the whole of Wall Street in terms of political...349,000 to Bush's campaign...This means that Bush has raked in...support from Wall Street than he did four...
- Wall Street Community Speaks Highly of Bush's Pick for New SEC Chief.
- Newspaper article from: Knight Ridder/Tribune Business News December 11, 2002 700+ words
...11--President Bush said he's found...investor trust, and the Wall Street community agreed Tuesday...Stephen Friedman is Mr. Bush's selection to replace...has been made. Some Wall Street experts are questioning Mr. Bush's other choices...
- Wall Street rallies for Bush and seeks payback.(WALL STREET'S ASTONISHING...
- Magazine article from: Multinational Monitor Wheat, Andrew November 1, 2006 700+ words
...likes of George W. Bush to deregulate energy markets, Wall Street is leveraging chits...premier financier of Bush's re-election...served as an elite Bush fundraiser along with...land this fish, the Wall Street Journal reported...
- Main Street Demands Positive News From Wall Street; Bartender Gives $50M 'Tip'...
- Press release article from: PR Newswire August 13, 2002 700+ words
...combine President Bush's 'Call to Service' with Wall Street's penchant for...challenge to the CEOs of Wall Street and their creative...that President Bush issued last year...true patriotism of Wall Street by serving a type...
- Doing the Wall Street shuffle; Corporate America; George Bush's clean...
- Magazine article from: Global Agenda July 9, 2002 700+ words
...a grilling, George Bush is preparing to announce...fraud in a speech to Wall Street. But just as other...President George Bush was expected to be...corporate America and Wall Street. Unfortunately for Mr Bush, overt friendliness...
- Bush busca en Wall Street un jefe del Tesoro.(Negocios)
- Newspaper article from: Mural (México D.F., México) December 6, 2000 700+ words
...Redactores de The Wall Street Journal WASHINGTON...declive, George W. Bush est buscando un peso pesado de Wall Street para designarlo como...econmico ms cercano a Bush, el antiguo comisionado...Tres nombres de Wall Street han aparecido en...
Source: HighBeam Research, Laying down blame for our economic troubles.(Inside Track)