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The Limits of a "3 Minute Rahm" in Obama's Kitchen Cabinet
The Washington Note ^ | Sunday, Mar 01 2009, 6:03PM | Steve Clemons

Posted on 03/03/2009 3:59:18 PM PST by JerseyHighlander

I can’t get into names, but if a crafty business journalist got on the phone to the biggest billionaires and financial wizards who support the Democratic Party and Barack Obama, he or she would find a large passel of very frustrated economic elites who think that Obama’s stimulus package and spending priorities are not going to either restore confidence and economic growth or reinvest in the backbone of the US economy in a way that can help generate recurring returns for future generations of citizens.

[snip]


Wealthy donors on the outside of the political process probably should not be able to just call up the President and get their way — but the frustration I’m hearing from a great number of these types of donors — types who are not only wealthy and helped finance much of the Democratic Party’s victory in November but who are also smart and connected — is that they are not getting through where it counts. The policy options they are proposing aren’t getting into the basket of proposals that Obama is considering.

In other words, some feel that Obama is not getting a full range of choices on the economy and is being provided a narrow band of views that fit the preconceived biases of Larry Summers and Tim Geithner.
[snip]

(Excerpt) Read more at thewashingtonnote.com ...


TOPICS: Business/Economy; Extended News; Government
KEYWORDS: economics; geithner; hermanngring; obamanomics; rahmemanuel; recession
Please read the entire post at the author's website, he is posting decent journalism on a daily schedule.

It has become glaringly obvious that the Obama administration has started out seriously dysfunctional, even in the view of liberal and oligarchic socialists that put the monies up to get Obama and Dean's list of Congressional candidates elected. This is not only bad for them, it's exceedingly terrible from conservative's perspectives, there can not be bipartisanship, nor an common ground in finding approaches to stabilizing and revitalizing the US economy while ideologues and economically incompetent Rasputins hold the President's ear.

1 posted on 03/03/2009 3:59:18 PM PST by JerseyHighlander
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To: JerseyHighlander
As an aside...

Take It Back!
While there is still some "IT" Left!!!


2 posted on 03/03/2009 4:02:55 PM PST by xcamel (The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
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To: JerseyHighlander

“...and economically incompetent Rasputins hold LITTLE STALIN’s ear”


3 posted on 03/03/2009 4:03:40 PM PST by PetroniusMaximus
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To: JerseyHighlander

Let them feel their pain. Last time Bill Clinton took it for them.

Once they’ve suffered enough, Obama will feel their pain.


4 posted on 03/03/2009 4:34:54 PM PST by 1010RD (First Do No Harm)
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To: JerseyHighlander
So why are the “Wizards” and “Billionaires” upset?

Obama hasn't changed.

Read his books.

Read his speeches.

He's a committed socialist.

He's doing exactly what he said he'd do.

5 posted on 03/03/2009 4:39:42 PM PST by zeestephen
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