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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (5006)	2/15/2009 10:42:59 AM
From: RetiredNow	Read Replies (1) \| Respond to of 86356

The business I'm in does not sign off on expenditures without due diligence, I can assure you that. For example, I can tell you I review every major program expenditure in my area. However, I can also tell you that I don't read the thousand page manual. If I did that, then I'd only have enough time to review 1% of the program expenditures under my purview. Instead, I do what all execs do. I hire very smart people and I promote the best of those to oversee the multiple programs I lead. Those people do the due diligence of reading the thousand page documents and prepare summaries for me at critical junctures, along with issues and risks. I read, ask probing questions and then make judgments. In large part, I trust and rely on these employees' good judgment and professionalism. Overall, it works. We're profitable and we make good decisions 95% of the time. I'm sure that our Senators and Congressmen work the same way. They hire teams of staffers to read through the thousand page document and summarize it for them. I'd be surprised if any actually read every word of every piece of legislation that makes it to a vote. I'm surprised that you would think otherwise. All of the histrionics you see on Fox News is just theater. It's impressive and leaves an malignant impression, to be sure. But that's what makes the GOP a powerful force. They've always been good at taking the 1% bad in anything and making it seem that it is systemic. It's their modus operandi.