Perfect description
Sorry...I am playing catch-up here. It's been an incredibly busy week.
From profmarcus' post about Ben Stein's latest...
Doesn't this describe the Bush administration and its RepublicanGuard Congress to a tee? Substitute Americans for stockholders and Republican Congress for directors and that pretty much sums up the last five years.
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From profmarcus' post about Ben Stein's latest...
But what has happened is that -- as in a corrupt, failed third-world state -- the trustees in too many cases are captives of the C.E.O. and his colleagues; they owe both their places on the board and their emoluments to the chief executive, and they exercise no meaningful restraint at all on managers. The directors are instead a sort of praetorian guard, protecting management from its real bosses, the stockholders, as management sucks the blood out of the company.
Doesn't this describe the Bush administration and its Republican
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