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FeedRank: 4/10  4/10  Good  ---  losangeles.injuryboard.com
LA injury attorney Paul Kiesel posts about many types of injuries and causes facing southern Californians today. Mr. Kiesel is experienced with many areas of personal injury law including class action, defective products, sexual abuse, toxic and hazardous substances and wrongful death. ...

 

 
Wednesday, July 23, 2008 --- 75 days ago
Last week, at a Houston�fundraiser�for Republican congressional candidate Pete�Olson,� President Bush �asked for the TV cameras in the room to be shut off. Unaware that�iPhones�exist, and that someone could be recording him with such a device, he then proceeded to do a two-minute�standup�act that one might find David Letterman or Jay Leno doing during their opening monologues. Unfortunately, and in bad taste, Bush chose to make fun of the� housing crisis , which can be viewed on�YouTube,�Facebook�and ABC News. Bush started his ill-timed comedy routine with, "There's no question about it. Wall Street got drunk. That's one of the reasons I asked you to turn of the TV cameras. He got drunk and now it's got a hangover." And, yes, he said "he" and then "it" in reference to the same noun within the same sentence. Bush continued, "The question is: How long will it sober up and not try to do all these fancy financial instruments?"� Bush must be talking about the same financial instruments that were permitted to exist up until recently, thanks to a Republican-led Congress that passed several deregulation bills almost a decade ago, including Former Republican Texas Senator Phil�Gramm's� Commodity Futures Modernization Act of 2000 ; thus, allowing for the�Enron�debacle and the�subprime�disaster that this country is currently facing.� Bush went on to say, "And then we've got a housing issue -- not in Houston, evidently not in Dallas, because� ...




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