No Leadership

A half-dozen students were in my office yesterday afternoon to talk about their exam today.  I put CNN.com on the monitor, refreshing the page every ten minutes or so.  Thus, as we discussed their exam-related questions we could also watch the unfolding consequences of the House of Representatives cratering the economic rescue bill.  The Dow down 700, then 500, then 650, then 770 . . . the failure of house leaders on both sides of the aisle to rally sufficient votes . . . the White House’s totally ineffectual pleas to pass the bill . . . the failure of Obama and McCain both to put themselves squarely in front of the bill and explain why it’s passage is important.  It was a total failure of political leadership, a verdict that is splashed across front pages and op-ed pages everywhere.

4 thoughts on “No Leadership”

  1. At least Jim Cramer isn’t running for President, or else we’d already be constructing the old ‘Hoovervilles’ in preparation for the end of days.

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