Ex-Goldman-Sachs employee, eh? Government experience could be plus, you say? And it wouldn't hurt to be a darling of the financial press? Hmmm, seems like the identity will matter.
Posted on 09/22/2010 6:52:47 AM PDT by CincyRichieRich
Summers is out at end of year. I heard he wanted to extend the tax cuts to everyone, and Obama the commie was against it. Summers has been partially on target, but mostly he's still a Keynesian and water carrier.
Atlantic Monthly says Obama shouldn't get an ex-CEO to be his financial advisor...duh, like the blue blood lib mag is gonna say differently. I say Obama will put another PhD there to theorize because he's too arrogant and hateful to do otherwise. He thinks he just didn't have the right person to the post to make his beliefs become reality.
Get it?
Not becuase it's the right thing to do for the country, but rather in order to address comments about their utter failure.
Does it matter who? We know what the person will believe. It will most likely be an adademic elite who has no experience in the private sector and has worshipped at the alter of Marx.
The replacment’s particular identity does not matter. He will be an ex(maybe barely ex for the occasion) Goldman-Sachs employee.
Obama Administration Job Requirements:
1) Socialist Obama Synchophant
2) Owes back taxes with no intention to pay
3) Academic with no real world experience
4) Wife at home, girl on the side in DC
5) Upside down in home mortgage after sweetheart Countrywide deal
6) Proud Journalista member
We need Larry Kudlow. We’re gonna get Paul Krugman.
You can replace him with a Magic 8-Ball and get the same results!
Sorry for the repeat - I was typing while you were posting.
It almost certainly won’t be an Austrian School economist. No. They’ll find another alchemist out of Harvard or GS.
Great minds think alike! : )
IMO, the question should be is Summers leaving of his own volition, or is this an appeasement action by Obama to his critics? I think it’s the latter.
Despite all the blather that the recession ended in June of 2009 (and the laughter across the country that pronouncement generated), zero is offering up Summers to appease the critics of his economic policies.
And, he will just find another communist from the corporate sector to replace him.
Ex-Goldman-Sachs employee, eh? Government experience could be plus, you say? And it wouldn't hurt to be a darling of the financial press? Hmmm, seems like the identity will matter.
Who, Peter Lewis? A token lefty CEO won’t have any clout with Obama unless he’s a far, far lefty CEO.
The Wall Street Journal has reported it’s going to be Anne Mulcahy, the former CEO of Xerox.
Is Wesley Mouch available? Sounds like a good fit for him.
Who is out there that is stupid enough to come into this Administration, and attempt to blindly follow where Hussein still stubbornly insists on going?
Keep in mind, Turbo Tax Timmy & Rahm Emmanuel are on their way out too, and their replacements figure heavily in this calculus as well. If Valerie Jarrett is the next White House COS, it will be one of the strongest indicators that Premier Hussein has absolutely no intention of changing course.
But who takes over Treasury that will follow Hussein’s policies?? Chris Dodd??
I believe the best we can hope for after November is gridlock; where the President cannot get Congress to agree on anything. It will be difficult to begin any real change until we get the 2012 Senate races behind us as well. If we can finely filter 2/3rds of the sitting Senate, and force even more retirements of aging Democrats, we will have some hope of reconstructing the damage that this (P)resident has already done and will do between now and the end of his term.
As for Hussein’s new economic team, I don’t think he dares put another group of academics in there, and I don’t know of any sane or successful CEO from the business community who would be willing to commit professional sebuku in order to prop up an utterly failed (P)resident.
I still think they will try to find someone with some credibility to sell. This person would know going in that if they they try to get any common sense polices to go forward they will have a deaf audience with this administration.
They should title the search “Who wants to be goat of the year?”
Mulcahy? Interesting. Hasn’t there been research showing the female CEOs are most likely to get opportunities in sinking-ship/tough-turnaround situations?
Inviting someone without economics training to chair the NEC doesn’t really seem like a great idea to me.
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