"This opportunity isn't lost on the new president and his team. "You never want a serious crisis to go to waste," Rahm Emanuel, Mr. Obama's new chief of staff, told a Wall Street Journal conference of top corporate chief executives this week.
He elaborated: "Things that we had postponed for too long, that were long-term, are now immediate and must be dealt with. This crisis provides the opportunity for us to do things that you could not do before."
In Chinese the symbol for disaster and opportunity are distinguished by one brushstroke. Or so I've heard.
I don't know why that quote has been seized on as representative of shenanigans. The crisis revealed the need and opportunity for reform.