"Ace" Greenberg And Steve Sailer On Obama And The Oil Rig
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I was interested when former Bear Stearns CEO Alan “Ace” Greenberg was quoted as saying

"Whenever a company gets in trouble, the leader always has to pay the price, whether it’s right or wrong. For Obama to be criticized for the oil spill is ridiculous. That is like criticizing the head of Iceland for the volcano. What do they want Obama to do? Put on the wetsuit and go down there and fool around with a screwdriver? Is that what they want him to do? He’s no more responsible for the oil spill than I am."

The Rise and Fall of Bear Stearns - Newsweek.

This is almost exactly what Steve Sailer said at the time:

"Personally, I think he should put on fins, a diving mask, and a snorkel and swim out and see if he can fix it.

I mean, that sounds about as likely to work as anything else Obama is qualified to do."

However, Sailer's point was different:

"It’s not just that he doesn’t know anything about the subject, but he doesn’t know anybody who knows anything either. Who’s he going to call up whom he knows is likely to give him good advice on deep sea oil drilling? Martha Minow? Elena Kagan? Jeremiah Wright? Laurence Tribe? Bill Ayers? Cass Sunstein? David Axelrod? Emil Jones?

If we are going to expect Presidents to know things, or at least know people who know things, we should probably worry about that before the election."


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