Great Britain: Gord hires Greenspan (Chancellor of the Exchequer feels Alan will turn UK around)

The Sun (U.K.) ^ | February 2, 2006

[Stoat]

'Kitchen Cabinet' ... Gordon

Gord hires Greenspan

 

GORDON Brown began building his government-in-waiting last night by hiring the world’s greatest moneyman as his guru.

The Chancellor hand-picked Alan Greenspan as he began assembling a star chamber ready for No 10.

The 79-year-old American will be his economic adviser. He will try to help turn Britain into one of the best-performing countries.

Hugely-respected Mr Greenspan only stepped down as chairman of the US central bank on Tuesday.

His decision to work with the Chancellor shows Mr Brown is already assembling his own “kitchen Cabinet”.

Last night a Whitehall official said: “It is clear the Chancellor wishes to draw on the best advisers there are.

“Mr Greenspan will be with Gordon over the coming years, and has a wealth of experience on world and economic affairs.”


 

Revered ... economic guru Greenspan
 

The guru will do the job for free and team up with the Chancellor for transatlantic phone calls.

There will also be private meetings on either side of the Atlantic where they will carry out brainstorming sessions.

 

One MP pal said: “Gordon is looking to the future to see what are the next steps to create prosperity.”

[Stoat]

Biography of Gordon Brown

 

Rt Hon Gordon Brown MP
Chancellor of the Exchequer

 

 

 

 

 

 

 

 

 

Gordon Brown was appointed as Chancellor of the Exchequer on 2 May 1997. He has been MP for Dunfermline East since 1983 and was Opposition spokesperson on Treasury and Economic Affairs (Shadow Chancellor) from 1992.

Mr Brown was born in 1951 and educated at Kirkcaldy High School and Edinburgh University where he gained 1st Class Honours and then a Doctorate. He was Rector of Edinburgh University and Chairman of the University Court between 1972 and 1975. From 1976 to 1980, Mr Brown lectured at Edinburgh University and then Caledonian University before taking up a post at Scottish TV (1980 - 1983).

After becoming an MP, Mr Brown was the Chair of the Labour Party Scottish Council (1983 - 1984). Before becoming Shadow Chancellor he held two other senior posts on the Opposition front bench - Shadow Chief Secretary to the Treasury (1987 - 1989) and Shadow Trade and Industry Secretary (1989 -1992).

Mr Brown has had a number of works published including Maxton, The Politics of Nationalism and Devolution and Where There is Greed. He has edited a number of books including John Smith: Life and Soul of the Party and Values, Visions and Voices.

Outside of work, Mr Brown`s interests include football, tennis and film.

Internal links

Chancellor´s speeches

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See Also:

Brown hails Bush's war (Great Britain's Chancellor of the Exchequer delivers glowing endorsement)

 

[Dog]

Fyi..

[IronManBike]

4CJ, remember the actual "original" 13th Amendment barring nobility in the good ol US of A. ;>?? And why do the British still call the US of A the "colonies."

Point being: Dr. Greenspan has not really changed employers...

[45Auto]

For a start, Britain can abandon socialism......

[Stoat]

Politics, news, comment from The Times and The Sunday Times - Times Online

Greenspan to be adviser to Brown's No 10 team

By Philip Webster, Political Editor
 

GORDON BROWN began assembling yesterday what may become his prime ministerial back-up team by appointing Alan Greenspan, the man he has called the greatest economist of his generation, as an adviser.

Dr Greenspan, who retired as chairman of the US Federal Reserve on Tuesday, agreed to become an honorary adviser to the Treasury. He will offer Mr Brown advice on global economic change.

 

Although much of their discussion will be on the telephone they will continue, as now, to meet each other regularly on their trips to each other’s capitals.

It was also being suggested by friends of the Chancellor, however, that Dr Greenspan, 79, would almost certainly be asked to continue advising Mr Brown should be take over from Tony Blair as Prime Minister.

Only days ago, Mr Brown described Dr Greenspan as “not only one of the world’s most outstanding economic policymakers, but the greatest economist of his generation”.

Dr Greenspan, who will not be paid by the Government, has also set up a new consulting firm, Greenspan Associates. Mr Brown described the appointment as “good news for us”.

Dr Greenspan was awarded an honorary knighthood in 2002. He has previously described Mr Brown as being “without peer amongst the world’s economic policymakers”.

On Tuesday Mr Greenspan presided over his last meeting of the US Federal Reserve, which raised interest rates for the fourteenth time in a row.

Ben Bernanke, Dr Greenspan’s successor, was sworn in yesterday as the Fed’s fourteenth chairman. Many economists are betting that he will increase rates one more time at his first meeting on March 28.

During his time at the helm Mr Greenspan guided the US responses to the stock market crash of 1987, the emerging market crisis of the 1990s, the dot.com bubble of 2000 and the 9/11 attacks. He will be the only honorary adviser at the Treasury.

Mr Brown said that he was delighted with Dr Greenspan’s decision and added that his help would be much appreciated. “Dr Greenspan has declined any direct remuneration,” the Treasury said.

Last week, the Treasury announced a series of global economic forums with world business leaders, on which Dr Greenspan is expected to advise Mr Brown.

The pair have enjoyed a strong professional relationship over a number of years, and in December Dr Greenspan said that his British counterpart had achieved an exemplary record.

[montag813]

Step One: Wreck Britain's housing market...

[Proud_USA_Republican]

and stop destroying all the economic policies put in place by thatcher and crew that turned them into a economic powerhouse that now dwarfs Germany and France.

[Lazamataz]

Great Britain: Gord hires Greenspan

Oh my. I didn't know they could do much of anything, much less hire people.

[adorno]

Gordon: So Mr. Greenspan, what can we do to help our economy?

Greenspan: Cut taxes.

Gordon: Oops, sorry! You're fired!