What Hypocrisy!

There has been a stream of criticism on the television about the lack of leadership in Washington to solve these major financial issues.  I think that is true. I think neither the House nor the Senate has the kind of leaders who can work out some compromise.

I think is grossly unfair to blame President Obama for the stalemate as I have heard many do. Because Obama does not have, even as President the power to make things happen as CEO's in other companies  do.

I think it is grossly unfair of the many CEO's who have been quoted as saying that Obama has failed to produce leadership when the leaders and CEO's of the auto industry were not able to reach solutions without going into bankruptcy court. The CEO's of Wall Street banks were not able to find a solution to their self created problems without getting help. The Airlines were not able to find solutions to their financial issues without going into bankruptcy court.

It is a pretty arrogant group of people who can look at Washington and claim a lack of creative leadership when none of them were able to find "creative leadership" to resolve their problems without outside help.  Congress and Obama had nobody to come in and give that outside help.  There are 500 arrogant stubborn people in Congress and Obama cannot even make his own Democrats stay in line let alone get the Republicans to cooperate.

It is a classic example of hypocrisy to hear business leaders talk about failure of leadership.