Panel: GM stock sale may trim taxpayer recovery - Yahoo! NewsBy selling a block of its shares in General Motors Co. for $33 each — a price far below the "break-even" point — the government sharply reduced the chances of taxpayers fully recovering their $50 billion investment in the auto giant, a new report from a congressional watchdog says.
Every President our nation has ever had has been smart enough to surround himself with even smarter people. Intelligence, as measured by IQ tests and academic performance, is a far less important trait in a Head of State than wisdom and charisma, which can not be measured. Whatever else we might say about President Bush's policies or his ideologies, he was a natural-born leader and he helped this nation take decisive action in a time of national panic. That is worth something.
There are a lot of book smart street stupid inviduals who are very poor leaders and poor managers. Having a high IQ without any common sense is a dangerous combination.