WTF Is It Now?!?

UHHHH...IT'S BILL CLINTON'S FAULT...YEAH....
'My friends are crooks. The companies they run look corrupt. The regulators I appoint are too soft. My colleagues in government face lawsuits for fraud. But I'm going to solve corporate crime with some ass-kicking laws. Hey, and trust me, I'm the President.'

After a week in which markets globally were badly wounded by the Dow - which fell 700 points, dragging the FTSE down by nearly 400 - it is clear that not only Americans but people around the world are in no mood to take George W Bush and his promised crusade against corporate corruption on trust. In fact, the attempt to appear tough on WorldCom, Enron, Andersen and the rest ahead of mid-term elections in November turned out disastrously.

Whatever happens, Bush will be portrayed as wobbly on this issue - one where Democrats feel they can dent his gleaming post-9/11 popularity. And for those who want to believe that the reason for Bush's lack of conviction is chumminess with businesses that like to bend rules, the circumstantial evidence is well known and easily available. - Snipped from Oliver Morgan's article at The Observer, via SmirkingChimp.com.