Saturday, October 25, 2008

He's at it again...

I think looking back we're going to have to acknowledge that in as much as this crisis has been a financial one it has also been a crisis of communication. A failure to successfully project control has wreaked havoc for weeks across the world's financial system. President Bush was not only wrong about normality returning but, even as he seeks to reassure us, we get to glimpse one of the fundamental problems underpinning the crisis: Nobody should let this man speak. From 'wall street got drunk' to 'a state of near panic', an unscripted Bush is like a loaded gun pointed at the head of the American financial system. The President, even as the lamest of lame ducks, is a natural focal point and as such needs to work hard to instill calm. For the Sarah Palin’s of the world who argue words don’t matter – we’re watching precisely why they matter right now. The road to recovery begins as soon as this administration hands over the world’s microphone to the next.

No comments: