2008-09-28 Lost credibility leads to lost leadership

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Date:	2008-09-28
Link:	http://www.miamiherald.com/living/columnists/leonard-pitts/story/703139.html
Author:	Leonard Pitts Jr. (writingscat)
Source:	Miami Herald (articlescat)
Topics:	Leonard Pitts Jr./writings George W. Bush 2008 Wall Street bailout
Categories:	Leonard Pitts Jr./writings George W. Bush 2008 Wall Street bailout

Lost credibility leads to lost leadership

longer text

Which has led over the last week to a standoff that once would have been difficult to conceive: the president sounding the alarm, declaring the emergency, warning of apocalyptic fiscal consequences if immediate action (defined as a $700 billion Wall Street bailout) is not taken, and lawmakers of both parties ignoring him, making clear that they would act on their timetable, not his. .. As Rep. Joe Barton put it, "Just because God created the world in seven days doesn't mean we have to pass this bill in seven days." Barton, let the record show, is a Republican. From Texas. .. After almost eight years, then, it has come to this: Not even his own believe him.

[edit] shorter text

Which has led over the last week to a standoff that once would have been difficult to conceive: the president sounding the alarm, declaring the emergency, warning of apocalyptic fiscal consequences if immediate action is not taken, and lawmakers of both parties ignoring him...