Reply #39: My God, the man's an utter MORON [View All]

[GCP]

<<Insana: One item that seems to be pushing up the price of oil is a falling U.S. dollar, because oil is priced in dollars.

President Bush: Right.

Insana: And some people are wondering if you are prepared to make a forceful statement or take forceful action to boost the value of the dollar and help drive down the price of oil.

President Bush: Right. Well, I, let me, I, I'll try to make a forceful statement right now. This government is for a strong dollar. We do believe the market ought to set the price of the dollar relative to other currencies, but we are for a strong dollar.

Insana: Now, what about the Chinese currency? We'll talk a little bit about trade here because you came out and said recently that you'd like to see the market set the price of the Chinese currency sometime soon.

President Bush: Right.

Insana: Are you getting any indications from the Chinese government, with which we now have a $160 billion annual trade deficit --

President Bush: No, Ron, I -- listen, I, you know, I, I meant what I said, that China's a trading partner, we would like to see them float their currency. They don't move quite as quickly as we do in America. There have been some indications that they're thinking about a, you know, a interim step toward floating the currency. We're constantly urging them, if they're going to take that step, to take it as soon as possible and eventually get to a float cur -- a, a currency which floats. And, you know, I think you would find that officials all up and down our administration and different cabinet officers, cabinet secretariats are constantly talking to China about this issue.

Insana: One item that seems to be pushing up the price of oil is a falling U.S. dollar, because oil is priced in dollars.

President Bush: Right.

Insana: And some people are wondering if you are prepared to make a forceful statement or take forceful action to boost the value of the dollar and help drive down the price of oil.

President Bush: Right. Well, I, let me, I, I'll try to make a forceful statement right now. This government is for a strong dollar. We do believe the market ought to set the price of the dollar relative to other currencies, but we are for a strong dollar.

Insana: Now, what about the Chinese currency? We'll talk a little bit about trade here because you came out and said recently that you'd like to see the market set the price of the Chinese currency sometime soon.

President Bush: Right.

Insana: Are you getting any indications from the Chinese government, with which we now have a $160 billion annual trade deficit --

President Bush: No, Ron, I -- listen, I, you know, I, I meant what I said, that China's a trading partner, we would like to see them float their currency. They don't move quite as quickly as we do in America. There have been some indications that they're thinking about a, you know, a interim step toward floating the currency. We're constantly urging them, if they're going to take that step, to take it as soon as possible and eventually get to a float cur -- a, a currency which floats. And, you know, I think you would find that officials all up and down our administration and different cabinet officers, cabinet secretariats are constantly talking to China about this issue.>>

THIS??? is the leader of the free world?? He can't string two words together to make a coherent sentence. He makes me :puke: