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McCain Adviser: Neither McCain Nor Obama Could Run Major Corporation

On MSNBC moments ago, senior McCain economics adviser Carly Fiorina just sought to clarify her remarks earlier today that Sarah Palin isn't qualified to run a major corporation -- but she may have inadvertently given the Obama campaign more ammo to keep hitting him on the economy.

Here's what Fiorina just said:

"I don't think John McCain could run a major corporation. I don't think Barack Obama could run a major corporation. I don't think Joe Biden could run a major corporation.

"But on the other hand, a major corporation is not the same as being the president or the Vice President of the United States. it is a fallacy to suggest that the country is like a company. So of course to run a business you have to have a lifetime of experience in business. But that's not what Sarah Palin John McCain Joe Biden or Barack Obama are doing."

The Obama campaign quickly responded by blasting out video with a truncated version of Fiorina's comments, cutting them off after the comment about McCain, and dismissing the notion that a different skill set is involved. From spokesperson Tommy Vietor:

"If John McCain's top economic advisor doesn't think he can run a corporation, how on Earth can he run the largest economy in the world in the midst of a financial crisis? Apparently even the people who run his campaign agree that the economy is an issue John McCain doesn't understand as well as he should."

Look for a truncated version of Fiorina's quote to end up in an ad and in Obama (or Biden) stump speeches...

Late Update: Here's video...



119 Comments

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This thing would be funny if it wasn't so sad...

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McShame's judgment has been questioned due to tapping SP for his Trophy running mate. And Fiorina's judgment is now up for grabs as well! She wants to hitch her wagon to that star... well I guarantee that star is falling...

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This is a great HIT!
I hope Obama runs this ad FOREVER as it totally knocks McCain's experience argument. I especially like that Obama gets to use the truncated statement due to all the lies, deceptions and distortions McCain has made permissible in ads for this campaign.

Way to go Obama!

I would add that there's nothing inappropriate about the partial quote in this case. Fiorina's assessment of Obama or Biden is irrelevant. It's her assessment of McCain (and Palin) that matters. That's the only place she can claim any authority. Fiorina claims that hercandidate couldn't run a corporation. Obama's campaign never conceded that Obama couldn't do the same.

I disagree. I think it's funny as hell.

Agreed...

What's also funny is that Fiorina herself apparently wasn't qualified to run a company. She got the axe from HP's board of directors after she ran the company's stock into the ground. By the time she was thrown out, HP stock was worth half what it was when she came in.

Just another, y'know, genius pick by John McCain.

"This thing would be funny if it wasn't so sad..."

She apparently is blissfully unaware that she has just given the punchline that all the late night TV guys will be using tonight.

"They may not be able to run a big corporation, but no one can prove that."

"The only one who has proven that they cannot run a big corporation is Carly Fiorina."

"And by the way, HP, in a remarkable cooincidence of timing, just today announced they are laying off 24,000 workers."

You're right that is sad.

here is the video link to Carly repeating it on MSNBC
http://www.youtube.com/watch?v=F1Jr4YfSemk

That video is the gift that will keep on giving

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I once spent an hour with Fiorina one-on-one for an interview. This was after she'd been fired and had written her "it wasn't my fault" book.

She is the biggest phoney you'll ever meet. She's a total fake and I'm shocked that she came out as a Republican. She was bashing Republicans two years ago! If you can find an old episode of Real Time, you'll see that she was a huge critic of this war. So why is she backing McCain? I think she's an opportunist and nothing more.

Coming from the person who ran HP into the ground.

I was about to say the same thing. I guess she is an expert in spotting failed executives, given the fact that she sees one in the mirror every morning.

I'm pretty sure George W. Bush was prancing around and waving his MBA in everyone's face while claiming running the executive branch was exactly like running a business. Morons.

Pufferfish

What you said.

My immediate thought upon seeing this headline:

"McCain Adviser: Neither McCain Nor Obama Could Run Major Corporation"

...was that Fiorina couldn't run one, either.

Depends on whether "Auger it in at high speed" qualifies as running a large corp.

LOL....auger it in and break the bit. :-D Well played.

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Funny, funny.

McCain Advisor Fiorina: "Neither John McCain nor I qualified to run a major corporation."

I bet you if she said "oops" everyone would just forget she ever punked her own candidate.

dang.

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and by "run," fiorina means "run into the ground, then escape with a 20 million dollar severance package."

Seriously. Who the fuck is she to talk about who is qualified to lead a company? Wasn't she ridden out of HP on a rail?

You misspelled "$42 million".

Just sayin'. :-D

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IIRC, the severance part of her golden parachute was only 20 mil.

Unfortunately, it was a lot more than 20 million she got away with.

Oilbama, who voted with Bush and Cheney for their Big Oil Givaway Energy Bill, is faking outrage over all the bankruptcies and bailouts, he doesn’t mention that a number of his top ten contributors are from Wall Street, including Goldman Sacs, Lehman and the JP Morgan Chase. He also fails to mention that one of the first subprime lenders to stick it to borrowers and have her bank seized is a woman named Penny Pritzker, who just happens to be Oilbama's campaign Finance Chair (as confirmed on April 3, 2008) and a potential Secretary of the Treasury in an Oilbama administration.

*Troll Jizz*

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what are you complaining about? i thought the economy was going great guns! except the whiners, of course. question is, who would be mcCain's treasury secretary, fiorina or gramm?

Oilbama?

You haven't seen this one yet?

The word comes up on Politico's comments as well. The meaning of it still eludes me. Its usually followed by either outright racism or a bunch of 'Debunked 3 Months Ago' bullshit.

I swear there is like one asshole that is posting the same shit everywhere. I wish I had a speech analyzer so I could prove that its the same guy.

You could probably write a Bayesian analysis tool in Perl to test the different texts.

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Bayesian analysis tool, that's your answer to everything.

When all you have is a hammer...

"When all you have is a hammer...

...everything looks like your thumb."
- The Failurina Doctrine

Haha!! I wonder if they have a team of people who just sit around and come up with cute but pertinent names to degrade candidates..

And, again, dembecile, even assuming every dumbass lie you ever told about Obama was true, McCain is better . . . how, exactly?

The McCain team likes to shoot first and then spin later. The truth? They don't need the stinking truth. Candy Crowley won't take them on.

Lmao wow ...look out here comes a toaster ad in reply.

I really hope there is an ad attacking Biden for his toaster ad. Please go there. . .

I meant "attack Biden for his toaster COMMENT"

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Toaster ad?

What are y'all referring to?

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Thanks much.

the most viewed story on the politics part of Yahoo was: Palin supports $600 million 'other' bridge project AP - Tue Sep 16, 6:58 AM ET

Hmmmm.

I live to serve. . .

I'm obviously biased, but when you consider the entire comment, I think it would end in tears if they were to cobble together an ad mocking Biden for this comment.

What's that saying? If you're explaining you're losing?

I wish the Obama camp would bring up Fiorina's HP history and her $26M golden parachute, you know the kind the McCain campaign is demonizing in stump speeches lately.

I mean if she is a surrogate, she is essentially vouching for McCain/Palin so wouldn't it make sense to know who she is? I mean most surrogates are public figures/politicians, whereas Fiornia is the "former CEO of HP".

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No need for them to do it. They can just sit back and wait for the blog cycle, the humorous videos, the pundits getting a crack at this. Only after it has simmered a bit does the Obama campaign need to touch it. It's a farce. Nothing more.

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I agree!
McCain has made this such a game of low blows that Fiorina is fair game, just like Gramm's financial economist background is fair game. If Fiorina wants to claim folks are not experienced then let it be known that she was forced out of HP with a golden parachute only to hoist up herself under the GOP banner and proclaim some business acumen when everything is going to hell in a hand basket.

LAWMAKERS SUE TO END TROOPERGATE PROBE

Five Alaska GOP legislators filed paperwork in Anchorage Superior Court Tuesday asking a judge to stop the ongoing investigation into Palin’s firing of a public safety commissioner.

She wants to commandeer a hostile takeover of both campaigns because they are all unworthy.

It's funny. This issue has not many legs, but funny- they're pathetic.

When was the last time you witnessed such mismanagement, errors and mistake from Obama camp? Almost never. You see it every day from McLame.

Friday: Bush doctrine, what?
Monday: Fundementals of Economy STILL strong
Tuesday: The Ticket cannot run a company forget the country

I can't help but wonder, if Obama made as many gaffes as McLame, hired incompetent advisors and spokepersons, made irresponsible decisions like selecting sticklip(or lipstick) VP pick how he would fare in the polls?

By the way, If I were in the Obama camp, for the heck of it I'd run a add saying McCain's Top Advisor says McLame cannot run a big company how can he run the world's largest economy?

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I happen to agree completely with Fiorina that government is not like business.

the objectives are totally different, to start with, and you can't run a government like it was a Fortune 500 Company.

That said - she's full of shit if she thinks Obama couldn't run a Fortune 500 corporation - the hell he couldn't.

You'd think the Obama camp would stay away from this since she said Obama and Biden couldn't either. But they just ignored that part and focused on what she said about McCain-Palin. I like that. It's ballsy.

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But they just ignored that part and focused on what she said about McCain-Palin

It's exactly the same tactic that Republicans have used.

everyone expects a surrogate to insult the OTHER side; it's no surprise ... they could have left that in there, and it wouldn't have diminished the impact of her mccain/palin statement one iota -- what makes this "newsworthy" is that she insulted he for whom she is a surrogate.

it would be like richardson saying that neither mccain, palin, obama, nor biden were qualified to [fill in the blank]. see how that sounds?

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The point is, Fiorina isn't Obama's adviser so no one expects her to say nice things about Obama or Biden.

If I were McCain I'd be royally pissed right now -- she just injected herself into the story in a way that is not very flattering to McCain or Palin.

But I think what it mainly shows is this: McCain really thought he was going to go down the homestretch on culture war and not economic issues. I mean, come on, being against golden parachutes at all when they haven't shown the slightest interest in the issue, and when one of your main advisors is notorious for having received one? It's stupid. Even worse for them, it's comic.

Wheels coming off. Time for the golden parachute:

From:

Head of State

http://headofstate.blogspot.com/2008/09/parachutes-away.html

Tuesday, September 16, 2008

Parachutes Away!

From ABC News:

Republican ticket mates John McCain and Sarah Palin Monday blasted corporate executives who leave their company with a "golden parachute" and pledged to "stop multimillion dollar payouts" to CEOs, seeming to forget their own top economic adviser Carly Fiorina walked away with $45 million, including a $21.4 million severance package when she was dismissed by Hewlett Packard in 2005.

Cite:

Head of State

http://headofstate.blogspot.com/2008/09/parachutes-away.html

Ouch! That's a great poke at Carly, and the hipocracy of the McCain camp.

There are a lot of landmines out there for McCain right now. The Obama camp badly needs to take advantage of this.

They need to stash Carly in the same undisclosed location they stashed Phil Gramm.

Also, 15,000 jobs were cut at HP under her watch:

http://www.ecommercetimes.com/story/18072.html?wlc=1221593714

But she got 25 mil when her job was cut. That's about $1,500 per person she forced out of a job. That will buy a lot of toasters.

Nora on MSNBC is hammering this right now with Gov Pawlenty. He's trying to tap dance by aiming it at Obama, but Nora isn't buying it at all.

Yeah, this could have a little traction.

Well, you have to admit Carly does know a thing or two about not being able to run a major corporation.

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I was just going to say that but you said it better.

LOL!

I think Obama would have done a better job. He certainly knows how to run a campaign and neither of his opponents have.

Obama runs a major corporation- his campaign(1). Meanwhile, McCain is at the mercy of his advisors (2).

(1) http://www.politico.com/news/stories/1207/7508.html

(2) http://www.washingtonpost.com/wp-dyn/content/article/2008/02/21/AR2008022101131_pf.html

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You beat me to that - and my comment posted above yours - sorry.


I thought "CEO" was the epitome of "Executive", the only type of experience the McCain campaign is interested in talking about.

Hmmm... I am wondering why Fiorina thinks that Palin isn't qualified for the top job at HP. If living in a state next to Russia qualifies her for the nation's next-to-top job (and possibly the top job given McCain's age and health), then why doesn't being able to use a computer qualify her for HP's top job?

Anyone else think the McCain camp is so disorganized that it can't see straight?

Boneheaded jokes, can't run a company, fundamentals=workers, lies, etc etc.

If Palin is such a reformer, why doesn't she step up and reform this campaign and manage it. Her mark is nowhere to be found.

Well, she certainly couldn't run a major corporation, so she must know what she's talking about..

As I recall, Ms. Fiorina herself just narrowly avoided jail time herself with the antics she pulled on her own Board. So we should listen to her now? Give her enough rope, and she'll....

As I recall, Ms. Fiorina herself just narrowly avoided jail time herself with the antics she pulled on her own Board. So we should listen to her now? Give her enough rope, and she'll....

McCain did not have a major corporation to run for 5 years while he was a prisoner of war.

Beware this one. The issue isn't who can run a "major corporation". It's who can best run the country, and get us out of the mess that the Republicans have made.

Don't get sidetracked here. McCain would love it if we attacked Fiorina and tried to use a quote that's designed for one thing, and one thing only: to put Obama and McCain on the same economic level. This would be a huge victory for McCain as he's already admitted his cluelessness on this point in numerous ways.

This is a trap. Don't fall into it by attacking someone who's offering herself up solely to set the parameters of this economic discussion.

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Word. Obama needs to stay on message right now. He needs to keep hammering away on the economy. This gaffe is a distraction.

Too late: Obama took the bait.

From spokesperson Tommy Vietor:

"If John McCain's top economic advisor doesn't think he can run a corporation, how on Earth can he run the largest economy in the world in the midst of a financial crisis? Apparently even the people who run his campaign agree that the economy is an issue John McCain doesn't understand as well as he should."

In my opinion, that's a mistake, but at least it shows that the Obama camp is in an aggressive posture now. Basically, here's how this will go:

1) Even McCain's economic adviser know he can't run a cooperation.
2) She also said you can't run one either, so really, what's the difference?
3) She's your economic adviser. Doesn't she have faith in you?
4) She said you're not qualified either. Are you saying you don't listen to experts on the economy?
5) Listen, Carly Fiorina is no expert on the economy. She ran her multi-billion dollar company so poorly, she was booted out. And then she scooped up a huge golden parachute on her way out the door.
6) OMG, are you attacking Cary Fiorina, one of the most successful female CEO's in America? How typically sexist of you. Here, meet our other highly visible female executive, who ran eBay. Has she done a bad job too Senator Obama...

Suddenly, a dialog about the economy turns into a referendum on sexism. This is a trap, and a fairly transparent one designed to get away from real issues. Hopefully, they're able to pull back a bit before this thing plays out the way McCain's camp would love for this to go.

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You're giving Dear Carly way roo much credit here.

The statement wasn't a trap, it was a stupid statement.

Sometimes a cigar, etc.

Her original comment about Palin was a gaff.

Her clarification dragging Obama and McCain into the discussion was bait. All I'm saying is don't take the bait.

The cluelessness is the notion that she's smarter than any of the candidates (other than Palin). The cluelessness is the notion that it takes an expert to run a corporation, but just any dumbass with a pulse walk in off the street and be President of the United States.

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So you need a lifetime of experience to run a major corporation? What about Dick "the penguin" Cheney and Halliburton? He had all of zero experience and still became president of the company as if by magic.

Carley, you dis 'the penguin' and he will rise from his crypt to strike you down. Beware the bird.

Carly..Carly


In case anyone wondering why Hewlett Packard paid $20 million to rid themselves of this idiot

Palin's big talking up point is her executive experience - saying she couldn't run a F500 company is shitting directly on what she's being championed for.

Fiorina just couldn't swallow enough pride to say "Yes, absolutely she could because she was Governor of Alaska..." either that or somethings are sacred to her, and she really doesn't respect Palin and realizes that saying Palin could run a F500 company would be diminishing her own accomplishments.

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This isn't a big deal. It is a one day story at best. Clearly CF was saying that a professional politician isn't qualified to run a corporation. Neither is a professional politician qualified to repair your car. Most people will understand that she is talking about two different skill sets. This gaffe doesn't go very far.

It is a one day story at best.

So? We're down to winning this day by day and it's the icing on our victory cake for 9/16/2008.

Isn't it interesting how truly color blind republican fatcats are to irony ?

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They don't do irony, they don't do paradox.


It is weird.

Research 2000 now has Palin's favorable/unfavorables at +1

And it only took two weeks, from virtual unknown to dividing the country.

My friends, I delcare the McLiar Campaign fundamentally past it.

Probably somebody's already made the (to me, anyway) obvious point that the USofA is not a "giant corporation." To construct the skills necessary to the Presidency as analagous enough to those required of a Corporat CEO is to seriously misunderstand the nature of "government." That this feculent, failed fluff would make that mistake doesn't surprise me, thoug I do find it distressing that anyone would be confused by her bullshit,...

then there's the next, seeming obvious point: Why are we heeding Carly Fiorina? She ALSO couldn't run a "giant corporation," apparently, since the last one she tried to run ran her the fark off after she'd screwed that particular pooch past any recognition.

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Hey tokin.

Yep, I mentioned that upthread. No comparison; can't run a government like it was a corporation.


Hey Carly,

Meet kettle.

Signed,

The Pot.

hey htx:
missed ya at the party Sat.
Feral's wines were amazing...

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Thanks - missed y'all too; didn't miss the wine, of course, but I'm glad y'all were enjoying it. ;)

My car is not fixed. They had it for 2 days and could not find the short and when it goes out I don't have lights, brake lights or turn signals and there is no way I'm coming to Alb under those circumstances.

Can't drive it back to Texas either. I'm going to have to try again.

A corporation isn't like a country but the people running them get treated the same. They can fuck up with impunity and still make millions when they leave the office.

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O nice.

You're right about that part. But then, for networking, you don't get much better positioned than President of the United States.

;)

I came in to leave the line, "I don't think Fiorina could run a major corporation."

Then I got scared she'd call me a sexist.

Full Video of Senator Obama's brilliant address today, in Golden Colorado.

Watch him take McCain apart.

http://tpmcafe.talkingpointsmemo.com/talk/2008/09/barack-obama-in-golden-colorad.php

Click recommend on the thread, so that people will have a chance to see the video, before the thread gets buried. Click it on up, now.

Fiorna is qualified to run a major corporation - except for that wiretapping scandal at HP and those endless restatements of financial results at Lucent (where she was head of sales) because they kept booking revenue before it was actually revenue. That's sameness you can believe in!

There should be more scruting of the issues at Lucent, if she's going to be his face on the economy.

Guess what? New McCain ad:

http://www.youtube.com/watch?v=x7EbK1RREU4&

He, once again, steals a line from Obama: Enough is enough. He calls himself "The Original Maverick". And the quotes he uses to frame himself are from his speech of yesterday!. He only forgot the most important quote: "The fundamentals of the economy are strong".

Funny thing, the end of the ad said: "Experience and leadership in a time of crisis".
Sir, yesterday you said that there was no such crisis.

YOU ARE A LIAR! ENOUGH IS ENOUGH INDEED! LIAR!

You got to admit that he's quick. Like McCain himself, his campaign shoots first, and thinks about it later.

Carly Fiorina commenting about others not being able to run a major corporation is a bit odd, since the Board of Directors at HP decided she wasn't capable of running their major corporation.

A corporate ceo must be willing and able to do ANYTHING--right up to poisoning her/his own progeny (though normally they resist that expedient)-- to guard the bottom line and feed the stockholders. Their goals are purely instrumental, controlled by an ethic in which the ends justify any means to achieve them. Fairness, equity, honesty, ethical behavior: none of these matter, none are part of the intrinsic expectations inside the corporation. Only profit matters.

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If by 'run' she means run it into the ground, then she is right.

Fiorina is the poster child for what's wrong with America today. Wealth undeserving. Selfish ego the size of the planet. Zero humility. She's one the thieves I'm always railing about. She should have topped this off by saying Hillary could have got the job done, then I would understand her purpose. If it weren't for Meg Whitman, Carly Fiorina would have set women back a 100 years with the shit she pulled at HP.

Newsweek just whacked pinocchio palin

Actually, one needs far greater skills to be a president than a CEO. I have been both in government and with a Fortune 500 company. Guess what, the companies tend to have far simpler issues and a far easier set of priorities than does the government.

I may very well have to determine new product offerings, strategic business partners, cost cutting measures and similar issues. However, as a CEO, I have far greater control over the implementation of my concept of the direction that the business will take, especially since I will also have had a very great deal of control over those appointed as directors. Indeed, my responsibilities are less. I do not need to are about the interests of the public (and while I screw my fellow man, I can spend millions to convince them that I am helping), the people I fire or the national interest. (See Cheney, Haliburton and Iran.)
\
No, Firoina, we got to see how well a president with an MBA could do with Bush.

I noted that those in the top levels of business had scarcely hidden contempt of those who served in government, either Democratic or Republican. They always spoke in a condescending manner in private conversations noting that those who were really any good would have been in business.

I don't think Carly has any credibility. After all George W Bush has had business experience and proved he couldn't run either.

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Do NOT blast video cutting off her "clarification" or use an ad with just the sentence about McCain! Do crap like that, and Obama loses the media attacking McCain/Palin on their lies. Not to mention that Obama loses the high(er) ground. (No Obama supporter should want to see that.)

While I don't think this is a huge story, I disagree completely that there's anything dishonest or misleading about using only the comment Fiorina made about McCain. Her comments were opinion, and her opinions about Obama aren't relevant. What credibility does she have to assess Obama? Zero.

She said McCain couldn't run a major corporation. Who cares what her opinion of Obama is? If she said both McCain and Obama would be terrible presidents, would that assessment of her own candidate be off limits because she said the same thing about Obama?

I agree that this is a one day story. & the fact is that none of the candidates has much of a clue about how major corporations or the financial markets operate. I haven't heard one intelligent statement on the cause of these problems, including from my man Obam Bam. Instead, they are all demagoguing the issue and lambasting corporate and wall street greed, which largely misses the issue and the complex causes of the credit crisis. One shouldn't generally criticize what one can't understand ...

That being said, Carly Fiorina didn't have a great run at HP. Lots of controversy and conflict and poor results. So, she's probably not a whole lot better than the candidates.

Well ... She would know. She couldn't run a corporation either. But the US Government is NOT a corporation, and certainly the President isn't the CEO. For one thing, all budgetary items originate in another CO-EQUAL branch of government. The President is more like the head of "Security" and the company's primary SALESMAN.

I wish these people would stop trying to equate a DEMOCRACY with a DICTATORSHIP. A company is a DICTATORSHIP. Nobody is elected to run it. And certainly, there are not co-equal departments checking and balancing one another.

Come to think of it, under Dumbya, we aren't much of a Democracy anymore either.


Fiorina an expert?? Yup, so good HP paid her 42 million to get the hell away from them.

Fiorina really screwed the pooch on this one.

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Oh, Sarah Earmark Queen Palin could easily run a company as well as Carly Wiretapper Fiorina did... if by that you mean run it into the ground.


Word of the day: McCanomics

1) Regulations on private companies are warranted only when it benefits your campaign to say so, despite years of historical evidence that you opposed any kind of regulations whatsoever.

2) Golden perasuits are justfified only when they apply to friends and families, and of course your lobbyist donors.

3) The economy is fundamentally strong when unemployment rate is highest in 8 years, home foreclosures is rising, stock market and 401k and pensions are falling, gasoline at $4 and your home has lost almost one third its value in one year.

4) Airport in no man's land is not wasteful earmark, nor is the bridge to no where, until everybody turns against it. Then you change your position.

5) Any recessions is merely mental and anyone who feels the pain is a whiner. The prescription drug cerapalin can cure such symtoms.

Well, Ms. Fiorina should certainly be able to identify people who "can't run a corporation". After all, she practically destroyed TWO corporations in one stroke (HP and Compaq).

On the other hand, Sen. Obama has run one of the best campaigns in modern history, and I don't think people realize the scope and magnitude of his campaign organization. It's not a megacorp, but probably has more employees and volunteers than Wasilla, AK had for a population when Sarah Palin was mayor.

This is laughable. I'm surprised Ms. Fiorina would have the chutzpah to actually say such a thing, since she can't run a large corporation either. She seems to forget HP showed her the door, albeit with the proverbial parachute. She made a mess of that sompany, and now they're laying off 24,600 employees. Way to go, Carly.

and now sadly Carly will disappear...damn, but tomorrow will be another good day for Senator Obama...

I've enjoyed the way McCain & Palin have been railing against fatcats who get golden parachutes while they choose spokespeople like Fiorina -- who got a $42 million severance package after running Hewlitt-Packard into the ground. Well, Fiorina's running the McCain-Palin campaign into the dirt, too, which is where it belongs, which I guess is where that whole crowd feels most comfy.

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