It all started when Obama bowed to the Saudi King. And then tried to tell us that he did not bow to the Saudi King. Apparently, they felt that any bit of nonsense was good enough for the stupid American public.
Now, he is not talking to the President of BP because the Board of Directors is in charge. This is the lamest, stupidest, thing a President has said for quite a while:
Indescribably stupid. Between this and the “Sestak was only offered a nonpaying advisory position” nonsense, they’re not even trying to come up with good lies anymore.
Gibbs said Obama hasn’t called CEO Tony Hayward because — according to what Gibbs called the “executive structure of corporate governance” — the CEO alone isn’t the final word on company decisions, which are made by the board of directors.
“Look, the CEO is elected by the board. Anything that the CEO wants to do has to be approved by the board,” Gibbs said.
Later, he added: “I’m telling you, based on the corporate governance structure, in order to implement what — whatever you get from BP the CEO has to get clearance from the board to do. That’s — that’s the corporate governance structure is — is laid out.”
So did that mean that Obama had picked up the phone to talk to some of these powerful board members?
So, Gibbs gave an answer that was wrong, and explained it all away by highlighting that even though they figured someone else was in charge, they didn’t talk to them either.
These people are looking more and more incompetent.
Boards exercise overall direction for the company; they do not get involved in day to day operations. That is the CEO’s job. So, no, the board does not run the day to day show. They only meet every so often, maybe only once a month or so.
The CEO is in charge of this. Gibbs is just wrong.