I couldn't believe that George Bush said what he said. Then I thought nearly eight years in the White House hasn't changed him. He's still making schoolboy quips to impress his audience. And his audience in the video that was recorded on a mobile phone seems easily pleased! Disgraceful.
His simplistic answer to the terrible greed that has been inflicted on the US housing market is to say that "Wall Street got drunk". He said, "There's no question about it. Wall Street got drunk. It got drunk and now it's got a hangover. The question is, how long will it sober up and not try to do all these fancy financial instruments?"
Fancy financial instruments? Is that what they are? He appears to think it is nothing to do with him. The drunk is in another room sobering up. According to him there's no cure. Nobody is suggesting a version of Chaser® – Freedom from Hangovers® for these errant financiers, fancy or otherwise. Perhaps they should!
I really feel Bush should take this seriously. Why on earth are these crooks not in jail? Surely it is more than "got drunk" that we are talking about? Selling loans to people who haven't got two dimes to rub together, then parceling these crockpot loans up as top-notch financial packages and selling them on to greedy trough-snouters, is not good and proper financial practice. It is just base greed, George!
He should be making room in the jails by releasing the social misfits and petty miscreants and putting these city slickers behind bars where they belong. That will sober them up big time!
The nationalised railway loses too much money with poor service
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The present debate about whether to nationalise the railway overlooks one
crucial fact. In 2002 Labour did nationalise all the track, signals and
stations ...
21 hours ago
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