Monday, September 29, 2008

The Bailout that Failed

http://money.cnn.com/2008/09/29/magazines/fortune/nobailout_easton.fortune/index.htm?postversion=2008092918

Barely containing his temper, Virginia's Eric Cantor, deputy whip for the House Republicans, stepped to the microphone this afternoon to blame the bailout defeat on House Speaker Nancy Pelosi's "failure to listen" and her charged partisan rhetoric in condemning President George Bush's "budgetary recklessness" and "anything-goes mentality."

My Response: Whether or not this short statement is true, management failure was shown. In order to the process of management to take place, all elements must be met. Eric Cantor blamed House Speaker Nancy Pelosi for not listening to her subordinates and colleagues. She failed to work and and through members of Congress to come to the best decision for the better of our nation. This shows the lack of management and organization in our government.

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