than he intended.
I think that this is my favorite part of his Face the Nation - his personal commentary at the end.
He was talking about Browny's wardrobe concerns when the people of New Orleans were struggling to stay alive, adding that both the aide who suggested to roll up his sleeves as well as Brown himself are still on the government payroll.
Than added that when he first came to Washington some 38 years ago (I think) Congressmen did not even have press agents, media spokespersons, etc. We moved, Schieffer said, from a nation that does it to one that talks about it.
And when I heard that I was thinking that this shift goes much farther than just politicians: we moved from a manufacturing and agricultural society, where workers actually made something useful, to a service based society where we serve each other - for how long, I have to wonder - and explain and consult and just treading air, never make anything of substance, of use but somehow many of us, too many, keep getting richer.
Yesterday, the WSJ
http://online.wsj.com/article/SB113115957423989185.html?mod=todays_us_page_one (subscription, sorry) reported that merger and acquisitions are on the rise, again, thanks to the accumulation of cash:
"Besides market acceptance, the merger boom reflects growing hunger for deals in Europe, low interest rates, eager bank lenders and a corporate cash stash that now represents 10% of all corporate assets -- the highest level in 20 years, according to Morgan Stanley. Moreover, even though the Standard & Poor's 500 Index has been virtually flat this year, executives and directors of acquirers express confidence in the economy."
Thus, instead of investing in the companies themselves, hiring more people, they use to cash to buy other companies - a move that usually is associated with laying off long-term employees and cutting benefits, including pension.
I hope that this can be used for the next Congressional elections - if our leaders are smart, of course.