September 17, 2008

If Sarah Palin isn't qualified to run a corporation, how exactly is she qualified to RUN THE F*CKING WORLD? McCain advisor ends McCain campaign

Thank you Carly Fiorina for saying what we all knew was true. Sorry you have to go now. But hey, you were a failure and a flop at HP too.

(CNN) — Top McCain-Palin official Carly Fiorina is facing criticism from some within the campaign for a day of what they call "very Biden-like" comments, after the former Hewlett-Packard CEO told two separate interviewers that neither member of the Republican ticket would be capable of running a company.

Democratic VP nominee Joe Biden is noted for his off-the-cuff gaffes.

Asked by a St. Louis radio station whether she thought Republican vice presidential nominee Sarah Palin could run a company like Hewlett-Packard, Fiorina responded: "No, I don't.

“But that's not what she's running for. Running a corporation is a different set of things."

Asked about that remark on MSNBC, she made the same unprompted assessment of the GOP presidential nominee. "I don't think John McCain could run a major corporation."

"Carly will now disappear," this source said. "Senator McCain was furious." Asked to define "disappear," this source said, adding that she would be off TV for a while – but remain at the Republican National Committee and keep her role as head of the party’s joint fundraising committee with the McCain campaign.

Fiorina was booked for several TV interviews over the next few days, including one on CNN. Those interviews have been canceled.


Anonymous said...

God! LMAO. I almost fell off the damn chair.

Go Carly, you dumb worthless bitch!

You finally said/did something right!

we're in deep sh*t! said...

The GOP and it's handling of the McCain campaign is a trainwreck-in-progress.

Just like Bushco's voodoo "War on Terror" economy.

In fact, the Bush administration has been a 'giant sucking sound' for 8 LONG YEARS!

Anonymous said...

Just a little bit of information on yet another of McCains top advisors...Keep Tally:
Why Is Carly Fiorina—a Symbol of Corporate Excesses—McCain's Favorite CEO?When John McCain wants to talk economic policy with voters—especially female voters—he sends out Carly Fiorina, a former CEO of Hewlett-Packard, a senior adviser to McCain's presidential campaign, and chairwoman of the Republican National Committee's Victory Fund. For example, days ago, after Barack Obama accused McCain of proposing an additional $300 billion in tax breaks for "big corporations and the wealthiest Americans," Fiorina appeared on CNN to defend the Arizona senator. (She first claimed that Obama was wrong to say that ExxonMobil would receive additional tax breaks from McCain, but then she acknowledged McCain's tax cuts for all corporations would cover big oil companies.) And this week, McCain dispatched Fiorina on a speaking tour in Ohio and Pennsylvania targeting female voters. She's even been mentioned as a possible McCain running mate.

But why should anyone listen to—let alone vote for—Fiorina?

Her stint as a corporate titan was more mixed than master-of-the-universe. In 1999, Fiorina took over Hewlett-Packard, the troubled computer company, becoming one of the top women in Corporate America. Previously, she had built a successful career mostly in marketing and sales at AT&T and Lucent, but she had the not-so-good fortune to be taking the helm of an engineering-driven tech company as the tech boom was ending. Her solution to HP's ailments was controversial: buying Compaq. She pushed the $19 billion acquisition over the opposition of many HP stockholders, including, most notably, Walter Hewlett, the son of the company's founder, who argued the merger would not make HP more competitive.

At HP, Fiorina developed the reputation of a manager who knocked heads together—or who chopped them off. And there were massive layoffs during her tenure. In 2003, the company announced it would dismiss almost 18,000 people. (That year, the firm posted a $903 million loss on $56.6 billion in revenue.) When the outsourcing of jobs turned into a national political issue, Fiorina became the poster-girl for an industry campaign aimed at blocking any legislation that would restrict a company's ability to can American employees in favor of workers overseas. She and executives from seven other tech companies issued a report that argued that any such measures would hurt the U.S. economy. The best way to increase American competitiveness, they declared, was to improve schools and, yes, reduce taxes. At a Washington press conference, Fiorina said, "There is no job that is America's God-given right anymore. We have to compete for jobs." The remark did not go over well with critics of outsourcing, who have ever since used it as an indicator of corporate insensitivity.

Fiorina's stint at HP was marked by other moments of controversy. In March 2004, after HP shareholders voted 1.21 billion to 925 million to expense stock options, she opposed the move, essentially opting to stick with accounting practices (that were used by other corporations) that did not reveal a company's true value. That same year, Forbes reported that Hewlett-Packard was "among many other U.S. companies that kept offices in Dubai and were linked to Iranian traders there." The article suggested that HP and other countries were skirting export controls to trade with Iran. And in early 2005, Fiorina announced that pop star Gwen Stefani would join the HP design team and work on the company's line of digital cameras.

Fiorina wasn't around long enough to see her Plan Stefani to completion. In February 2005, she was pushed out of HP. The company's board, with which she had been battling for years, had had enough of her. The Compaq merger had not yielded the benefits—improved shareholder returns and greater profits—she had promised. At the time of her dismissal, Hewlett-Packard stock was trading at about the same price as when she first unveiled the Compaq deal. Eighty percent of the company's operating profits were coming from its old-line printing business. She had not succeeded in reviving HP as a computer-selling powerhouse. The day she was dumped, the company's stock price rose 7 percent. That was Wall Street exclaiming, Hooray. As Robert Cihra, an analyst with Fulcrum Global Partners told Money magazine, "The stock is up a bit on the fact that nobody liked Carly's leadership all that much. The Street had lost all faith in her and the market's hope is that anyone will be better."

A Business Week post-mortem noted,

Management experts say Fiorina, through the Compaq acquisition, created a good executive team with a can-do attitude. That helped a rank-and-file, engineering-focused organization consider how to market products instead of simply making them. But the charismatic leader refused to delegate operations to top lieutenants managing HP's far-flung divisions. What's more, she had a tough time getting them to work together....
As a result, many of the execs who came to HP through Compaq have jumped ship since the merger. That left Fiorina with much the same slate of HP'ers who were in key positions before the blockbuster deal.
Larry Magin, technology analyst for CBS News, observed,

There is plenty to criticize about Fiorina's tenure at HP. At this point, the changes that Fiorina made didn't turn out so well for the thousands of Hewlett-Packard and Compaq employees that were laid off and the millions of HP stockholders who lost equity since she took over. HP stock is worth less today than it was in 1999. Dell and IBM stock has increased in value.
But Fiorina did fine for herself. She departed the company with a $21 million severance package. "I doubt very much that she's worried about making ends meet," Magin cracked.

In her 2006 book, Tough Choices, Fiorina defended her management of HP and claimed the firm's subsequent successes were a result of changes she had implemented. But it had been a rocky tenure at best. Nevertheless, McCain is deploying Fiorina as a surrogate on economic policy and as an ambassador to women voters. But in this time of economic insecurity, there's not much about Fiorina's time at HP that can be reassuring to voters (female or otherwise) experiencing financial jitters. After six years at Hewlett-Packard, she ended up symbolizing not one but at least three corporate excesses: outsourcing, M&A-mania, and golden parachutes. Workers and shareholders did not prosper during her reign, but Fiorina made millions, got a book deal, and now is a top PowerPointer for a presidential candidate. She's a real American success story—for corporate Republicans.

These are the many pulling the strings.

scorned said...

This is just sour grapes by Carly.

She's still p*ssed that she was passed over for Palin.

Carly to McCain: "You picked that moose-gutting backwoods hick over ME! Well, you just gut-shot your chances for election!"

Nitwits R Us said...

God Damn!

This is the FIRST time I can remember this dingbat has been right about anything.

Ask any HP stockholder if they were glad to see this nit wit go away...

Back to counting your money, honey. Take off BOTH shoes this time... Bye bye.

GOP - Republicans said...

The Party that Wrecked America.

steely damn said...

Um Keith, you (and the Press) conveniently left out the totality of her comments in this matter. She said that NONE of the present candidates for President or Vice President are qualified to run a large, for-profit corporation.

Now what part of "none" don't you understand?

Where's your intellectual honesty Keith? Oh that's right, you sold it last week for a bag full of shiny beads.

brian t said...

Yup: Carly wanted the VP job, and now that she hasn't got it, what does she need from the McCain campaign? With the economy in its present state, she's hardly want to be Sec. of the Treasury, or Chairman of the Fed. So, as noted: she'll disappear, and be happier in the long term. She was so vain, but the song wasn't about her.