Paul O'Neill, the guy that Bush fired as Treasury secretary after widespread displeasure with his public statements and constant public oppostion to Administration decisions, now writes a "get even" book dissing Bush, entitled "The Price of Loyalty." If this is loyalty, what would betrayal be? A better title would be "The Wages of Judas." I bet his next job offer will come along soon, him being so trustworthy. Maybe McNamera will hire him.
Here's a Financial Times article about O'Neill and the book, which examines the acumen that exemplified his tenure:
During his tenure as Treasury secretary, Mr O'Neill became well-known for speaking out frequently and frankly on a range of subjects including the dollar, the limited value of International Monetary Fund crisis lending and the problems with development aid.Posted by Kevin Murphy at January 10, 2004 12:45 PM | TrackBack
His comments frequently had an impact on financial markets, with one remark about the low likelihood of an IMF rescue package for Brazil causing a rapid fall in the Brazilian currency.
The IMF subsequently announced a $30bn bail-out that succeeded in stabilising the Brazilian economy.
Drudge links to a Pittsburgh Post-Gazette story from last year in which O'Neill offered this tidbit:
I'm a supporter of the institution of the presidency, and I'm determined not to say any negative things about the president and the Bush administration. They have enough to do without having me as a sharpshooter.Posted by: Xrlq at January 10, 2004 01:33 PM