Saturday, October 09, 2004

Wanna Buy Some Wood?

At one point during the Bush-Kerry debate #2, Senator Kerry suggested that even the President can be considered a "small business", as evidenced by nominal payments that Bush has received from a large timber company. President Bush showed his own inability to comprehend basic business principles by donning his trademark "Dopey face" and musing ""I own a timber company? That's news to me."

Then after a pregnant pause in which he slowly walked the stage, mugging to the audience (oh, how adorable you are, Mr. President!) , he asked, "Need some wood?"

That line made me imagine that Bush was considering subdividing the real estate that is his own head and selling it off to the highest bidder.

Many large -- indeed, oftentimes humongous -- businesses create tiny entities which are corporations and LLCs in their own right. The sheer purpose, and a totally legal and ethical one at that, is to allocate and separate funds and resources to a particular function without interfering with any other part of the greater business entity. Each of these individual entities counts as a small business when viewed from the perspective of the state commissions that license them.

The suggestion that President Bush owns one or more of these small businesses and that one of them is receiving dividends or other payments from a timber company should be no surprise to Bush, nor should it be a hard concept for the President of the United States to understand.

...unless his head was made out of wood.



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