Posted on 01/25/2010 12:19:22 PM PST by Rufus2007
Is the luster finally wearing off the love affair between the White House press corps and President Barack Obama? It is, if CBS White House correspondent Chip Reid's analysis of President Barack Obama's latest Wall Street proposals is anything to go by.
Reid appeared on the Fox Business Network's Jan. 25 "Imus in the Morning" program and offered an update on the president's financial and economic advisers, mainly Treasury Secretary Timothy Geithner and Director of the National Economic Council Lawrence Summers. He said both Geithner and Summers should survive, despite a run-in with former Federal Reserve Chairman Paul Volcker, who chairs the President's Economic Recovery Advisory Board.
"Well, you know, it's really the same as it's all been," Reid said. "That there's some unease about both of them, but the President has been satisfied with the jobs they've done. Behind the scenes, they both still have a lot of control. They lost this battle to Volcker, but now they're on board on this new plan for Wall Street, although it really sounds more like politics than a real plan because it's hard to believe it would get through."
...more (w/video)...
(Excerpt) Read more at newsbusters.org ...
Remember when the Grinch gave “Cindy-loo-hoo” a pat on the head and wished her good night and not to worry that he would take care of everything?
If Obama spent half as much time fixing our problems as he does telling us he’s gonna fix our problems, he might have accomplished something by now.
Several things that tell ya they are in a mess:
1. The economic team is making economic decisions for political reasons without thinking through the economic impact. Isn’t thinking through the economic impacts the core of their job function?
2. Obummer has the state of the union in two days, and they haven’t decided what direction they are going in yet... are they going to have the speech ready for the teleprompter on time?
He’s going to Fight Americans w/everything he has.
Pray for America’s Freedom
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