This last Saturday moring, I was watching a press meeting at the White House. As I was listening to (sigh) our President, I heard him use a phrase that summed up his understanding of financial services and their role in the economy.
"It turns out that there's a lot of interlinks throughout the financial system. The system had grown to a point where a lot of people were dependent upon each other, and that the collapse of one part of the system wouldn't just affect a part of the financial markets; it would affect the average citizen -- and how."
Even as (sigh) our President was relaying this message, he was gesturing with his hands in what I would describe as fingers and hands trying to express meshed gears.
All I kept hearing was "It Turns out..." Like this was some big revelation to (sigh) our President. I could just envision someone making that same hand gesture when they briefed him ((sigh) our President).
you may read this for yourself at :President Bush and President Uribe of the Republic of Colombia Participate in Joint Press Availability
or watch the video at: Windows Media Player - President Bush and President Uribe of the Republic of Colombia Participate in Joint Press Availability
