Wednesday, May 23, 2012

White House For Sale. Not in a good neighborhood.

Since when has it been acceptable for a money manager to be President of the United States. A vocation totally out of normal profile who the president should be. Not a former General. Not a law school graduate. Not even a former actor.

What does a leverage buy out manager bring to the national table anyway? What would his resume look like? Many company buy outs and restructuring? Many jobs lost through downsizing or bankruptcy? Borrowed money making money? Leverage buyouts? Restructuring management?

How does this translate in to running national government? Will the US Capitol move to Wall Street? Will Private Equity Partners outsource our military? Worse yet, move the Army Air Force Navy and Marines to China? Will the Department of State be sold to India for preferred stocks and some cash?

How about this? Will news of government only be seen or heard on CNBC or Bloomberg News? Will the new White House press secretary be Maria Bartiromo? How will this turn out? Holy Private Equity Batman! This is sounding really awful. Where’s JFK when we need him? Harry Truman! Bring back the “Buck Stops Here” sign.

No comments:

Post a Comment

So, what's your take on this?