That MBA comes in handy ...again

I recall someone going on and on and on about how our President had that very valuable MBA from the Ivy League and how that would be put to good use. Well, once again Bush's administration fails the most basic requirements for running a business. (Although, borrowing extensively so you can spend more while causing a decrease in revenue is the most anti-business thing you can do, but fortunately he's done that too.

http://www.msnbc.msn.com/id/20780840/

Ten years after Congress ordered federal agencies to have outside auditors
review their books, neither the Defense Department nor the newer Department of Homeland Security has met even basic accounting
requirements, leaving them vulnerable to waste, fraud and abuse.

And for those people that feel that welfare and social security are so rife with abuse and fraud, like the horrors of paying $1.65 to feed poor kids on the East Side of Seattle, I would think this mismanagement and failure to maintain the most basic of business fundamentals would be appalling.