He's No Warren Buffett

Many of the most prominent CEOs in the current administration aren't real business people at all, but faux CEOs who after a lifetime in politics cashed in on brief stints as trophy CEOs at Fortune 500 firms before returning to public life in George W. Bush's White House. With few exceptions, those CEO stints — at Halliburton Co. (Dick Cheney), rail operator CSX Corp. (John Snow), and George "dry hole" Bush's string of oil-exploration flops in Texas — were not models of exemplary corporate stewardship. Just the same, future historians will make the connection between the most CEO-heavy administration in memory, headed by the first MBA president (Harvard, no less), and a White House of unsurpassed fiscal recklessness, flawed strategic thinking, failure to execute even on its best ideas (its unrealized goals of education reform and energy self-sufficiency, for instance), and a stubborn unwillingness to change course when conditions dictate. full article: http://www.commondreams.org/views05/0925-23.htm

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