Executive Accountability Quotes
This warning was a decade before the Meltdown of 2008, but was not heeded by any of the politicians. As a result a number of the companies that made all those risky decisions assumed that if something went terribly wrong the government would not let them fail. Unfortunately, they were right and the taxpayers spent billions to prevent companies from failing. After the meltdown all the politicians vowed to end the too big to fail concept, but while some improvements were made, the Congress could not come to agreement, and the markets and a number of companies think that they are still too big to fail. This is particularly true for Defense Contractors where the government has and probably will in the future, protect irresponsible companies from failure if they are the only company that makes needed weapons and other equipment.
He won the debate and the Congress created the first committee to investigate and oversee military affairs.
This was an indirect criticism of Condoleezza Rice, the National Security Advisor to George W, Bush for not taking a role that Mazarr and many others believe she should have. On the other hand, President Bush selected her precisely because she shared his values and instincts. Perhaps, Bush should have selected and advisor who held a DIFFERENT view and perspective from himself. This quotation reveals the classic dilemma of political appointments of key advisors and cabinet members. Bush and Ronald Reagan tended to select advisors who agreed with them in philosophy and politics. FDR and Obama, followed the Lincoln tradition and appointed many advisors who were not intellectual clones of their own views and values.
In the Canadian, British and some other Parliamentary systems of government, the Prime Minister must appear weekly or periodically in the House of Commons and be subjected to any questions that are asked. He/she cannot claim Executive Privilege or simply not answer questions as in the American Presidential System.
