Buy, buy, buy

Building up Americans confidence in government and the economy:

President George W. Bush has bestowed on his intelligence czar, John Negroponte, broad authority, in the name of national security, to excuse publicly traded companies from their usual accounting and securities-disclosure obligations.

Apparently he’s just delegating authority presidents have had since the 1970’s, but that still doesn’t exactly give me warm fuzzies about the government or the corporate accounting world.