Meanwhile, an article Hallstrom cites in the same post has this to say about the chink in Bush's much-hyped business acumen:
[the author of the New York Press article] is obviously not a Bush man, so I'm certain the story can be told in a less-damning way, but nonetheless, how many people have had a white knight ride to their rescue EVERY SINGLE TIME disaster has been impendent? How many sweetheart deals does one guy get in a lifetime? However many he needs appears to be the answer here.
With the downturn in the economy and the stockmarket racing its own ass down the toilet - spurred ever downward by revelations of egregious corporate cupidity and misuse of privileged information allowing insiders to avoid the bath in which those less fortunate have been forced to wallow - people seem a lot more sensitive to issues of fairness and privilege right about now.
Exactly. As I've said before, this isn't about a "correction" or--what was it-- that some "companies stretched the truth" (a nearly US$4 billion stretch, in WorldCom's case); it's about many real Americans seeing their nest eggs vanish at the same time their economic future come into doubt, while the privileged insiders who presided over companies that lied about their earnings cash out to the tune of millions.