One of the well guarded secrets of our economy is the sheer

[KlatooBNikto]

incompetence of corporate managements.Their monumental failures to anticipate scientific, economic and emographic trends pale in comparison to anything governmetal bureaucracies do and, yet, the servile business press glorifies these men and women because, once again, they are afraid to bite the hands that feed them.I think the fawning coverage of people like Bush and Cheney is an infection that has been acquired by the political hacks from the business hacks.


If either of these species ever told the truth, we would know for instance that Cheney's only contribution to Halliburton is his ability to squeeze out dollars from the taxpayers as cost plus contracts, in effect guaranteeing him profits regardless of how inefficient Halliburton is.I should actually qualify that statement further.His second contribution to Halliburton was to make a handshake agreement with his golfing buddy to acquire Dresser Corporation, an oilfield services company without doing any due diligence on that company's liabilities.Those liabilities included huge asbestos related claims and Dresser promptly went bankrupt taking with it the pensions of its long term employees.And guess who didn't pay a price for his incompetence?Dead-eye Dick that's who?And this is the guy who poses as a Uber Ceo taking big risks and getting rewarded for it more than magnificently and talking down those people who play by the rules.

I am getting sick.