So who wants to get long before the 2:00pm Obama speech, when he is sure to re-declare war on those pesky GOPers?
Imagine the US was a corporation and the President was the CEO. Congress was the board of directors and the company they jointly managed was in crisis. The share price was plunging because its CEO and board refused to meet with one another and discuss strategy. Imagine this corporation had loads of cash, but unilaterally refused, on principle, to meet its debt obligations until an agreement was reached.
In the private sector, such a company would be smoked out within days. Activist shareholders, like Icahn, would swoop in and fire everyone, restoring value and balance to the company. However, in the public sector, no one is held accountable. These guys are like convicted rapists who are let out to roam college campuses while drunk.
At the very minimum, this demonstration of ineptitude shows the stark contrast between the public and private sectors, where one is held to the fire, forced to perform, and the other is encouraged to rot from within, like the city of Detroit.
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well /es futures showing bottom is in…for what that’s worth
THE SPEECH HASN’T BEGUN YET, olde sport.
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aware of that /es 1652.40 line in the sand to hold.that breaks it game over
BOD can fire the CEO anyday they want…
That’s called impeachment.
where’s Ken Starr when u need him? Oh yeah, probably eating the heart of a puppy
That would be hell to the NO !
Thought of something last night – that show hostages, why is it illegal to say you will harm our CEO but it’s OK to make a television series about it?
The board normally selects the CEO. In this case, people (aka the shareholders) selected Obama, not the congress (board). The shareholders want the board to support the CEO to run the company so they all can make money. But the board’s primary agenda is not to seek profits and growth but to get the CEO out of the company even if it brings down the company. The CEO should have talked with the board when it was still summer instead of now to make them understand his pov. But would it have mattered if the board has a blind faith that the CEO sucks?
(fyi – i am an independent)
Obama releases his Speech to supporters before he gives it normally. Not much buying on that so far.
he’s also the worst time scheduler in the history of presidents. When he says 2pm, it’s usually 2:15-2:20ish
What happened to buying the fear?
More pain to come
GAME OVER
funny…algos triggered when “Ronald Reagan” was mentioned
what I don’t understand is: why hasn’t razorsedge been online to tell us how well his puts are doing?
And a tiny minority on the board refuse to allow a motion that will resolve the crisis unless all the previous motions that they disagree with are repealed.
You should say a slim majority on the board demand compromise with respect to the one issue the shareholders elected them to address. The CEO threatens to go Full Corzine and spend the treasury on hookers and blow if his demands are not met in full.
That is retarded. Grow up and stop being so naive. Unless, of course, you havent heard of gerrymandering from back in the Bush years that has allowed the House to be controlled by a small majority of derelicts.
Typical leftist denial. When you don’t get your way, “the system is broken”. And still blaming Jorge Arbusto!
I don’t argue with the delusional, plebian caste, sorry.