[lbo-talk] Juan Cole on Rumsfeld's memo

Doug Henwood dhenwood at panix.com
Mon Dec 4 13:21:10 PST 2006


On Dec 4, 2006, at 4:16 PM, Colin Brace wrote:


> On 12/4/06, Jerry Monaco <monacojerry at gmail.com> wrote:
>
>> I don't think any of the top people of the Bush Regime have
>> demonstrated that
>> they can run a corporation, big or small. Bush himself either
>> drove his
>> businesses into the ground or acted as figure head. Chaney seems
>> to have
>> acted as point-man for rent-seeking from the federal government
>> when he
>> was in the world of business. Who else could actually even run a
>> corporation in
>> the Administration?
>
> The one figure who seemed to have had genuine success in the business
> world was Paul O'Neill, Bush's first Treasure Secretary. Look what
> happened to him...

Henry "Hank" Paulson's no slouch, but he's a newbie. I doubt he's going to get China to budge much on currency policy.

Doug



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