July 23rd, 2008
02:03 PM ET
11 years ago

Cafferty: President Bush: 'Wall Street got drunk'

(CNN) - In case you're wondering why our economy is in the toilet, President Bush had the explanation at a closed Republican fund-raiser in Houston last week:

”Wall Street got drunk – it’s one of the reasons I asked you to turn off your TV cameras. It got drunk and now it’s got a hangover. The question is: how long will it sober up.”

The depth of the intellect at the very top of our nation's government is staggering, isn't it?

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