Wrong. Our govt is probably the BEST mone manager in the history of the world. Cheney and crew are lifetime politicians with longtime work in companies like haliburton. They got into power and have funnelled trillions of dollars into these very firms. Our tax money.
You can say that accidentally wasted it and it happened to fall into the hands of the companies who they've worked with their whole lives. It's like saying I accidentally dropped CDs at the mall and they happened to fall into my buddy's backpack.
Give them more credit. They're in charge of the only superpower in the world. They are very smart, and they put the money where they want to.
Businesses have less accountability - they can close up shop and open up with a new name tomorrow and relinquish all responsibility. Politicians don't have that luxury.
Good grief. Where do I start?
1. Congress manages the money, not the president and vice president.
2. Congress has done a horrible job with our money, including an increase in the national debt about every year since about 1940.
http://www.brillig.com/debt_clock/faq.html No private business could run this way for nearly 70 years. If there has been a company with such a dismal performance, it is an anomaly.
3. Bush and Cheney did not funnel trillions into Halliburton.
4. No, a business cannot simply walk away, open a new business with a different name, and leave its customers and creditors in a lurch. That's asinine. Anyone with experience in business will tell you that is a recipe for a lawsuit. Here are your words and phrases of the day: "alter ego," "unfair or deceptive trade practices," and "continuation of entity." If you think a business can simply close and open its doors with a new name, then you need to know what those things mean. There are many others, but that's a start.
5. A business has enormous accountability. First and foremost, any business that wants to stay in business takes care of its customers. The saying "the customer is always right" is an overstatement, but is a mantra used by most successful businesses. You take care of your customers, they come back, and they refer new customers. The government doesn't have that kind of accountability.
Second, there are a number of safeguards in the marketplace, including anti-trust laws, licensing regulations, ethical boards and commissions, the courts, administrative agencies, and state and federal entities that provide consumer protection.
Third, if the business is a corporation, the employees are accountable to the managers and officers, the officers are accountable to the board, and the board answers to shareholders.