Say It Ain't So!!

[The Overlord]

Well if you can't handle your own affairs on a smaller scale, I ain't handing you the keys to the kingdom. You don't have to be an expert....just responsible.

And yes...it'd be good if we did have higher standards.

How is Duyba, the guy who was a total faliure in the business world, worthy of being President?

 

[Alex Summers]

Interesting. Memphis Slim seems to emphasize certain words just like Celldog. No, it couldn't be...

 

[Memphis Slim]

How is Duyba, the guy who was a total faliure in the business world, worthy of being President?

What did he fail in?

 

[mightiest_mortal]

I thought that the American voting system was made to make sure there couldn't ever be a Black or non Religious president?

God: Hitler you won't be sentenced to Hell like so many before your. Instead your punishment is to be overused as a reference everytime someone disagrees with someone else.

ROFL

 

[SoulManX]

What did he fail in?

Several researchers have investigated the business history of the Bush family. The facts that they have uncovered are not very pretty. The business record of George W. Bush holds some revealing insights to how his presidency has operated, and helps to explain why the country has fallen so deeply in debt and has so many other problems.

As explained by Kevin Phillips in his book, American Dynasty: Aristocracy, Fortune, and the Politics of Deceit in the House of Bush, George W. Bush's businesses fail but he makes millions. Among Mr. Bush's business ventures:

• Arbusto, an oil exploration company, lost money, but it got considerable investments (nearly $5 million) because even losing oil investments were useful as tax shelters.
• Spectrum 7 Energy Corp. bought out Arbusto in 1984 and hired Mr. Bush to run the company's oil interests in Midland, Texas. The oil business collapsed as oil prices plummeted by 1986, and Spectrum 7 Energy was near failure.
• Harken Energy acquired Mr. Bush's Spectrum 7 Energy shares, and he got Harken shares, a directorship, and a consulting arrangement in return. Harken, under Bush, brought in Saudi real estate tycoon Sheikh Abdullah Bakhsh as a board member and a major investor. Over the next few years, Harken would turn out to have links to: Saudi money, CIA-connected Filipinos, the Harvard Endowment, the emir of Bahrain, and the shadowy Bank of Credit and Commerce International.
  • A 1991 internal SEC document suggested George W. Bush violated federal securities law at least 4 times in the late 1980s and early 1990s in selling Harken stock while serving as a director of Harken. This is essentially the same kind of activity that Martha Stewart is going to prison over. Except at the time of the investigation, Mr. Bush's father was president and the case was quietly dropped.
  In his book, Worse Than Watergate: The Secret Presidency of George W. Bush, John W. Dean explains that his family name and his father's prominence were significant factors in George W. Bush's business "success", or, were significant factors in repeated saves from serious business and financial failures. Both Arbusto/Bush Exploration and Spectrum 7 failed with Bush as chairman and CEO. At Harken, Mr. Bush was relieved of day-to-day management responsibilities but still served on the board of directors. Dean also notes:
• George W. Bush claims his formative years, which he extends to age 40, are out of bounds. Yet those are the years when one's character and values are formed. Bush had occasionally overindulged with alcohol, and he was a bit of an irresponsible youth.
• Dean believes Mr. Bush took advantage of his insider information when he sold his Harken stock in 1990, but he escaped SEC penalties because his father was president and many of the investigating officials had Bush family ties and other conflicts of interest. Many of the facts about the Harken deal remain buried and Bush has stonewalled all efforts to find out more.

http://alaric3rh.home.sprynet.com/science/bceo.html