The Reverse Midas Touch

This great post from The Crisis Papers:

A REVERSE-MIDAS TOUCH

But let's move on from America's perennial, always-just-below-the-surface racism and hits-on-the-poor. The point here is that George W. Bush has a reverse Midas touch. Whatever he involves himself in as a leader winds up in FUBAR land. (If you don't know what those letters stand for, ask someone in the military: F---ed Up Beyond All Recognition.)

It happened with his botched oil-company ventures at Arbusto and Harken Energy in Texas; it happened, and is happening in Iraq; and now it's happening with regard to the Katrina disaster in Louisiana.

Except this time there's no wealthy family friend, or Saudi prince, or British prime minister, to bail Bush out of his difficulties. He's out there all by his lonesome, exposed for all the world to see as the emperor with no clothes, a figurehead leader with no emotional or intellectual wherewithal to deal efficiently and correctly with anything beyond the most simple scenarios. Introduce complexity into the equation, and he's a deer in the highlights of reality.

So... what to do? While Rove & Co. ratchet up the ol' spin machine - and try to find others to blame for their own gross delays and mistakes - Bush's normal allies are abandoning him, right and left and right. Business Week, Washington Times, newspapers around the country, conservative pundits David Brooks and Newt Gingrich, retired military officers, and so on - they all can't believe the idiocy and deadly cluelessness of their GOP hero.

They all realize that this incompetent, way-over-his-head guy has three more years on his contract, and he's likely to take down the economy, political structure, and everything else with him as his administration self-destructs in an unholy mess. In short, the Bush administration is not good for business, which CEOs and others are finally starting to realize.

Read the whole post:

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