Spin (n): something between truth and a lie*
A stock transaction in 1990, before President Bush left the oil business and baseball for politics, raised new questions when administration officials acknowledged that Bush had failed to promptly disclose the sale of stock in a Texas oil company as required by federal law. The sale was reported 34 weeks after it occurred, which the White House blamed on a "mix-up, a clerical error" by lawyers - a different explanation than Bush had offered previously.
Before becoming President Bush had been involved in four late reporting transgressions.
Democrats charged Bush’s conduct was typical of the atmosphere his administration creates that encourages today’s malefactors (see Enron, WorldCom and others of recent note) to flaunt the law with a screw the stockholders and the public attitude. Republicans charged Democrats with a desperate attempt to score political points.
Who is spinning?
*(Spin This," Bill Press, Pocket Books, New York, 2001)

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