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Something To Think About
by James Glaser September 18, 2008 Carly Fiorina, the former CEO of Hewlett Packard, and an economic advisor to John McCain, told NBC's Andrea Mitchell that none of the candidates are up to running a major corporation. After she said that Sarah Palin couldn't run a corporation, Fiorina said, "Well, I don't think John McCain could run a major corporation; I don't think Barack Obama could run a major corporation; I don't think Joe Biden could run a major corporation." As you can guess, the media jumped all over that statement saying Fiorina would be out of the limelight by midnight. Chris Wallace on the TV show "Hardball" couldn't believe that these three guys couldn't run a corporation. I believe that Ms. Fiorina was right on the money. McCain, Obama, and Biden are all politicians. They might know how government works, but government doesn't have to make money. In fact as long as any of these three have been in office, government has written bad check after bad check and has gotten away with it. These guys all have voted to raise the debt ceiling so Washington can spend more. They couldn't do that if they ran a major corporation. At least not for very long. Now all three of these guys think that our buying 80% of the liability of American International Group (an insurance company) for $85 billion American tax dollars was the right thing to do. Now you have to know that many for-profit corporations looked at buying that company, and if there were any way to make a buck by buying them out, somebody would have. That bailout/purchase and the agreement to that purchase from McCain, Biden, and Obama show us that none of them could handle a major corporation that was trying to turn a profit. Those three guys think like politicians, and if it turns out to be a bad buy, they don't care as it is only tax payer money. By the way, I was pleased that at least Sarah Palin said that she thinks the bailout of AIG was a bad deal. Yes, the woman does have more executive experience than any of those three Washington politicians. |
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