Open Thread

July 23rd, 2008 10:09 AM

For general discussion and debate. Possible talking point: President Bush says, "Wall Street got drunk" (video embedded right).

"There's no question about it," Bush said. "Wall Street got drunk, that's one of the reasons I asked you to turn off the TV cameras. 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."

Is he right? Is there anything wrong with being so blunt? Or did Bush cross the line with this remark?