re: #414 3 wood

John Crace of the Guardian decodes Obama’s answer to a question:

Nick Robinson: “A question for you both, if I may. The prime minister has repeatedly blamed the United States of America for causing this crisis. France and Germany both blame Britain and America for causing this crisis. Who is right? And isn’t the debate about that at the heart of the debate about what to do now?”

Brown immediately swivels to leave Obama in pole position. There is a four-second delay before Obama starts speaking [THANKS FOR NOTHING, GORDY BABY. REMIND ME TO HANG YOU OUT TO DRY ONE DAY.] Barack Obama: “I, I, would say that, er … pause [I HAVEN’T A CLUE] … if you look at … pause [WHO IS THIS NICK ROBINSON JERK?] … the, the sources of this crisis … pause [JUST KEEP GOING, BUDDY] … the United States certainly has some accounting to do with respect to … pause [I’M IN WAY TOO DEEP HERE] … a regulatory system that was inadequate to the massive changes that have taken place in the global financial system … pause, close eyes [THIS IS GOING TO GO DOWN LIKE A CROCK OF SHIT BACK HOME. HELP]. I think what is also true is that … pause [I WANT NICK ROBINSON TO DISAPPEAR] … here in Great Britain … pause [SHIT, GORDY’S THE HOST, DON’T LAND HIM IN IT] … here in continental Europe … pause [DAMN IT, BLAME EVERYONE.] … around the world. We were seeing the same mismatch between the regulatory regimes that were in place and er … pause [I’VE LOST MY TRAIN OF THOUGHT AGAIN] … the highly integrated, er, global capital markets that have emerged … pause [I’M REALLY WINGING IT NOW]. So at this point, I’m less interested in … pause [YOU] … identifying blame than fixing the problem. I think we’ve taken some very aggressive steps in the United States to do so, not just responding to the immediate crisis, ensuring banks are adequately capitalised, er, dealing with the enormous,

guardian.co.uk