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Gramm as Snow’s Successor? [Phil for John]
Wall Street Journal.com ^ | April 21, 2006 | by WSJ Capital Bureau

Posted on 04/21/2006 5:24:08 PM PDT by aculeus

In Washington speculation, Phil Gramm, the former Texas senator, gets increasing attention as a potential successor to Treasury Secretary John Snow. The thinking is that previous secretaries and other candidates have either too much politics and not enough economics or too much economics and not enough politics.

His assets: Credibility on Capitol Hill, strong on substance, good communicator, private sector experience at UBS.

His liabilities: A reputation for being an independent thinker in an administration that wants an implementer rather than a policymaker.

Gramm — who, like Snow, has a Ph.D. in economics — taught economics at Texas A&M University from 1967 to 1978, and was elected to the House from Texas in 1978 as a Democrat. He switched parties in 1983, and was elected to the Senate in 1984. He stepped down in 2002 and to join UBS Warburg, an investment bank. His wife, Wendy Gramm, a former chair of the Commodities Futures Trading Commission, was a director of Enron

(Excerpt) Read more at blogs.wsj.com ...


TOPICS: Business/Economy; Front Page News; Government; US: Texas
KEYWORDS: bush43; economicteam; johnsnow; philgramm; term2; treasury; wsj
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1 posted on 04/21/2006 5:24:10 PM PDT by aculeus
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To: aculeus

I'd like to see former Sen. Gramm get the nod simply to watch our resident Third-Party-Anyone-But-Bush members go bonkers trying to find something negative to say.


2 posted on 04/21/2006 5:27:54 PM PDT by 1rudeboy
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To: aculeus
LOL - at first glance, I thought it was referring to Phil replacing TONY Snow on his radio show!

Forgot that Phil has a PhD in Economics - he'd be great to replace John Snow.

3 posted on 04/21/2006 5:31:00 PM PDT by Inspectorette
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To: aculeus

YEAH!! Go Phil!


4 posted on 04/21/2006 5:34:37 PM PDT by Suzy Quzy
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To: 1rudeboy

Phil Gramm is a traitor, he likes Mexican food and supports the President. Think he visited Canada a couple of times too!


5 posted on 04/21/2006 5:37:31 PM PDT by bybybill (RATS WIN, WE LOSE)
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To: aculeus
If the GOP was a conservative party, Phil Gramm would have finished his second Presidential term in '04.

Gramm is an intelligent, principled, conservative. People like that have been purged from the Bushbot GOP. Get ready for another corporate/socialist.
6 posted on 04/21/2006 5:42:44 PM PDT by AlexandriaDuke (Conservatives want freedom. Republicans want power.)
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To: aculeus
If the GOP was a conservative party, Phil Gramm would have finished his second Presidential term in '04.

Gramm is an intelligent, principled, conservative. People like that have been purged from the Bushbot GOP. Get ready for another corporate/socialist.
7 posted on 04/21/2006 6:16:35 PM PDT by AlexandriaDuke (Conservatives want freedom. Republicans want power.)
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To: Inspectorette
"LOL - at first glance, I thought it was referring to Phil replacing TONY Snow on his radio show!"

Hehe. That's what I thought. Phil Gramm was a great senator.

8 posted on 04/21/2006 6:21:29 PM PDT by monkapotamus
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To: AlexandriaDuke

" Gramm is an intelligent, principled, conservative. People like that have been purged from the Bushbot GOP. Get ready for another corporate/socialist."

Agreed ...I met him once in 1995 in New Hampshire when he was testing the waters for a run for the Presidency .


9 posted on 04/21/2006 6:23:31 PM PDT by sushiman
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To: All

10 posted on 04/21/2006 6:23:49 PM PDT by monkapotamus
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To: aculeus

While I cannot say that I agree with Senator Gramm on every issue, I can say that I think that he would be an excellent choice for Secretary of the Treasury and I hope that President Bush gives him strong consideration for this position if it becomes available.


11 posted on 04/21/2006 6:24:13 PM PDT by snowsislander
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To: 1rudeboy
Don't worry. The last time Phil Gramm was mentioned as possibly being appointed Sec. of the Treasury, the usual suspects came out and accused him of "being in the pocket of the big corporations."

Gee, who also says crap like that?

12 posted on 04/21/2006 6:26:23 PM PDT by COEXERJ145 (Real Leaders Base Their Decisions on Their Convictions. Wannabes Base Decisions on the Latest Poll.)
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To: snowsislander

He is a long , tall Texan for sure , and what a grip !


13 posted on 04/21/2006 6:26:34 PM PDT by sushiman
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To: Inspectorette

he'd be awesome


14 posted on 04/21/2006 6:28:42 PM PDT by georgia2006
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To: AlexandriaDuke

and he wouldnt have appointed a single supreme court justice


15 posted on 04/21/2006 6:29:42 PM PDT by georgia2006
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To: aculeus

I met Phil Gramm at a small political gathering in SugarLand, Tx in the late 90's. Heck of a nice guy. Says what he means and means what he says. His wife and kids are top-notch folks too.


16 posted on 04/21/2006 6:30:45 PM PDT by JustaDumbBlonde
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To: 1rudeboy

I second the motion!

Besides, I love Phil Gramm.


17 posted on 04/21/2006 6:31:38 PM PDT by Howlin
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To: AlexandriaDuke

do you realize how cimpleely out of place your post is?

Gramm is being considered for the treasury sec position and all you can add is that the GOP hates people like Gramm...you cant stand any good news can you?


18 posted on 04/21/2006 6:31:53 PM PDT by georgia2006
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To: aculeus
Famous Phil Gramm quotes:

(In retrospect of the Clinton healthcare plan failing:)

'..in the darkest hour of the health care debate, when it looked like Bill Clinton was about to convince America that it made sense to tear down the greatest health care system the world had ever known to rebuild it in the image of the post office -- when pollsters were saying it was political suicide to take on the Clinton health care bill head-on, when 20 Republican senators had signed on to a big-government compromise that raised taxes, I stood up and said, "The Clinton health care bill is going to pass over my cold, dead political body."

I am happy today to say that my political body is alive, the President's health care bill is deader than Elvis -- and Elvis may be back, but the President's health care bill will not be back. To paraphrase an old country and western song, I was conservative before conservative was cool.'

(in response to escalating federal spending:)

'I will look at every program of the federal government and I will submit it to one simple test......the test is simple. Is this government program worth taking money away from Dicky Flatt's kitchen table? Let me tell you, there aren't many government programs that pass that test.'

'The debate is not about how much money is going to be spent on education or housing or nutrition. The debate is about who ought to do the spending. Bill Clinton and the Democrats want the government to do the spending. I want the family to do the spending. I know the government and I know the family and I know the difference, and so do you.'

(Famous exchange between Gramm and a federal education official during a Capitol Hill hearing:)

Gramm: My education proposals are premised on the fact that I care more about my children than you do.

Lady Who Represents the Education Establishment: No, you don't.

Gramm: Oh? What are their names?

More Phil Gramm HERE

19 posted on 04/21/2006 6:34:47 PM PDT by Henchster
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To: Henchster

we need more of Dicky Flatt in D.C. - not to mention Gramm's fiscal conservatism (Gramm-Rudman). yes to Phil Gramm!


20 posted on 04/21/2006 6:49:12 PM PDT by avital2
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