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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (616726)	6/20/2011 1:50:36 PM
From: tejek	Respond to of 1574005

Sununu loses suit over airline consulting deal 11 minutes ago A judge is handing former White House chief of staff John Sununu a loss in a suit over a half-million-dollar consulting fee and a warning against handshake deals. The former top aide to President George H.W. Bush and his business partner sued Philippine Airlines in 1998 after it refused to pay them a $520,000 "success fee" for negotiating an aircraft lease agreement. U.S. District Judge Royce Lamberth ruled for the airline Monday but accused it of "stinginess" for enforcing formal terms of a contract in spite of the consultants' earnest efforts. Lamberth says the consultants were accustomed to relying on personal relationships in business dealings, but "made a reckless bet" by trusting the airline. Lamberth closes his opinion with some practical advice: "When it doubt, write it out."

To: TimF who wrote (616726)	6/20/2011 2:01:41 PM
From: tejek	1 Recommendation Read Replies (1) \| Respond to of 1574005

A few years back you had a different opinion on deficits even when the economy was performing poorly. Nope. I have the same position. The difference between you and I is that I am not an ideologue. There is room for changing my position when it is necessary. The economic collapse that assaulted this country in 2008 threatened to destroy us. Extraordinary measures had to be put in place to save us. That included the feds spending like mad because the states and the private sector were in total and complete paralysis. Fortunately, the patient was saved and he is in recovery. Eventually we will return to a place where revenues and expenditures are in balance like under Clinton. Its not this year but maybe in 3 years.