BWAHAHAHAHA! Bush* UNDERSTANDS business because he has an MBA and ran

[LittleApple81]

several businesses before being in goverment....
RAN INTO THE GROUND, THAT IS. They call him snake-bit!

This was a quote from
Mankiw, N. Gregory, Chairman, Council of Economic Advisers

During a C-Span segment this morning.

This was one of the smallest misstatements he propounded. How can a Harvard professor be so partisan?

[bryant69]

1. Well to quote a great sidewalk philosopher

"Money Talks. Bullshit Walks."

Bryant
Check it out --> http://politicalcomment.blogspot.com

[bluedog]

2. LOL Heard that!

he didn't say the SEC investigated him or that all his business deals Failed.......

[Itchinjim]

3. Bush* at Yale;

"Yesterday I could not even spell MBA. Today I are one"

[hatrack]

4. The same clown said we should consider burger-flipping "manufacturing"

After all, we're "assembling" components to "manufacture" a finished product. Further proof that economists are idiots. No, I'll amend that slightly - most economists are idiots.

[Sub Atomic]

5. I believe that reclassification has already been made.

How do you think our economy's manufacturing numbers continue to rise even though we're seeing more and more manufacturers lay off their employees?

[aden_nak]

Yes, they made the switch.

If that's the case, though, can we have jobs like his reclassified, since he seems to do nothing but manufacture bullshit?

[Warren DeMontague]

6. No, No, You Don't Understand...

Dubya has a deep understanding of the world of modern-day corporate cronyism. His Harken energy shennanegans, whereby he magically transmogrified a multibillion-dollar loss into an apparent gain by spinning off a sub-company and then buying it back himself and calling that a profit, totally prefigured the late 90s accounting wizardry of Skilling and Lay. And, Dubya mastered the art of criminally not filing SEC reports while illegally dumping millions of dollars of overvalued stock... years before it became "hip" to do so. And, he got Saudi Royals to invest in texas oilwells that never produced any oil!

Face it, the man's a business whiz.

Oh, and how can a "Harvard Professor" be so partisan? Maybe (and this is me goin' out on a limb, here) it's because Harvard was one of the main entities that bailed out Harken energy when it got into deep shit. So, if they say he's a financial genius, they must know what they're talking about- considering they took a massive fuckin' bath on the guy. I dunno, just a hunch.

[Nay]

7. I get the same shit from RW coworkers.

"He's a smart mayun!! He got a MBA and ran a bunch of businesses!"

Of course, when I tell them he ran them into the ground even after getting free money from Daddy's friends, and that there is such a thing as 'gentleman's C's' given out to the kids of rich and powerful alumni, they turn a deaf ear. I met plenty of dumbass rich kids at college who weren't expected to do anything but show up once in a while, as long as dads and mums ponied up the money for the sports team.

You can't explain that to the regular folks, though. If you went to college and got a master's no less, you must be a genius. Even Chimpboy's gross ineptitude in speaking, writing, etc., means nothing to them. He sounds just like them. He's college-educated, and sounds just like them, so he's gotta be OK.

It keeps coming back to the incredible gullibility of so many people. Personally, I partially blame the ad culture and TV for a lot of the dumbing down, and I have no clue how to fix that. It's not as if ads or TV are ever going to be banned because they make people stupid and unable to think rationally. That's the whole point of TV and ads. A crunch of some kind will come within my lifetime, but I'm not sure what form it will take.

[Warren DeMontague]

8. He can't get through a bag of pretzels without hurting himself.

What more proof do you need?

[Bandit]

11. Ask them to name the businesses... theat usually shuts them up

They know nothing but sound bites. They have no idea what businesses Bush* was associated with or how well he managed them. They have no clue he was investigated by SEC for insider trading.

[LTR]

9. Bush's biggest business accomplishments were in the role of frontman

Abusto was the only company he really ran. And ran it he did. Right into the ground.

Spectrum 7 bailed him out, and put him at the top, since it looked good to have the son of the Vice President heading the company. Harken bought out Spectrum 7 and put him in a supervisory role (in which he did next to nothing) for the same reason. Bush committed securities fraud while with Harken.

Dubya's oil cronies ponied up the money to buy the Texas Rangers, and Bush became the front man once again. This was a P.R. ploy. Bush invested $500K of his own money, but made millions when the team was sold.

He was elected Governor of Texas, which is a position that doesn't require a hell of a lot of work. Once again, a frontman.

Read a nice little summary of his um, accomplishments here:

http://www.rotten.com/library/bio/presidents/george-w-bush/

[Kadie]

10. So then is he implying that bushie ran those companies

into the ground on purpose? If bushie is so smart, and understands business so well, then his track record would prove that he cheated everyone out of money on purpose. If I remember correctly, bushie was the only one that made money off of his ventures.