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NYT MONDAY: TENSIONS GRIP OBAMA ECONOMIC TEAM... DEVELOPING...DRUDGE
DrudgeReport.com ^ | 06/07/09 | Drudge

Posted on 06/07/2009 3:30:18 PM PDT by TornadoAlley3

no link, just headline


TOPICS: Crime/Corruption; Culture/Society; Government; Politics/Elections
KEYWORDS: 111th; bho44; bhoeconomy; economic; nyslimes; obama; second100days; team; tensions
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To: SaveTheChief

Yes, 2 months ago it was the “green shoots” that were a complete lie, made up by the lying liberal MSM. And recently last month it was “back from the brink”, which was another gigantic lie as unemplyment continues to rise.


101 posted on 06/07/2009 5:54:06 PM PDT by KC_Conspirator
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To: BCrago66

So that is what happened?


102 posted on 06/07/2009 5:58:30 PM PDT by mel
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To: randita

” Hillary AND Turbo Timmy had to go over there and twist their arms”

I don’t know if that is how I would term it. We are not in the arm twisting position of authority anymore. I think we went over there and performed a “Lewinsky” if the truth be told.


103 posted on 06/07/2009 5:58:45 PM PDT by lt.america (Looking for a bailout)
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To: LS
Do you think ANY of these socialists is possibly beginning to say “Oh, crap”? Remember when Zero came out of that White House national security briefing and it looked like he’d seen a ghost? Maybe these guys are seeing those kinds of numbers?

The ONLY worry they have is the outcome of the next two elections. Unless they are able to continue to effectively fool the public, the frightening reality of abject poverty and third worldism here in America will scare everyone straight.

Those in charge WANT this. They want the economy to fail. They want this so they can have what will seem like a reasonable proposal to raise taxes through the roof, grab control of EVERY bank and large corporation in the nation, impose socialized health care on everyone, and usher the nation into a new era of Socialism.

Our only hope is that enough good men and women in Congress will wake up and realize this is not America, and will take a stand for freedom and liberty.

104 posted on 06/07/2009 6:08:12 PM PDT by SaveTheChief (Obama lied, America died.)
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To: PJ-Comix
This probably has something to do with the Chinese reading the economic riot act to Geithner.

My thought exactly.

105 posted on 06/07/2009 6:14:41 PM PDT by The Duke (I have met the enemy, and he is named 'Apathy'!)
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To: TornadoAlley3
Notice how the liberals say things are turning around now..Ok. The reasons these government jobs are helping is because there are only a few and the feds are hiring their cousins like they always do.
106 posted on 06/07/2009 6:14:59 PM PDT by teacherbarbie (I would go into politics, but I like to keep my youthful looks.)
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To: Fee
Wait till all the unemployed hit the rolls from GM and Chrysler etc.. next month not to mention dealerships.
107 posted on 06/07/2009 6:17:04 PM PDT by teacherbarbie (I would go into politics, but I like to keep my youthful looks.)
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To: jessduntno

Time to get rid of ACORN and pray for a quick death of the obamamedia.


108 posted on 06/07/2009 6:24:55 PM PDT by Arizona Carolyn
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To: TornadoAlley3; Petronski
OMG, I forgot about that Gilligan car. LOL, Nado3.

Course I'm laughing to keep from crying.... Remember on the show you'd see...unexpectedly...Gilligan go by in that thing? They must have been constantly laughing trying to film that show.

109 posted on 06/07/2009 6:31:05 PM PDT by Miss Behave
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To: SaveTheChief

In a story on the lack of economic improvement jobswise from the stimulus tonight on NBC Nightly News, “sources” in the administration actually said there is a concern the stimulus won’t begin to help prior to the midterm elections. No concern about the people, just about the political ramifications.


110 posted on 06/07/2009 6:33:01 PM PDT by John W
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To: LikeLight
There it is!

little did Gilligan know that he was so ahead of his time--the futuristic Bama Buggy.

111 posted on 06/07/2009 6:36:12 PM PDT by Miss Behave
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To: Arizona Carolyn
Wait, what? Michelle fired her staff, Carolyn? Or tangled with them? Did Wheezie come out? Whaaa?
112 posted on 06/07/2009 6:41:38 PM PDT by Miss Behave
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To: TornadoAlley3

President’s Economic Circle Keeps Tensions at a Simmer

WASHINGTON — President Obama was getting his daily economic briefing one recent morning when a fly distracted him. The president swatted and missed, just as the pest buzzed near the shoes of Lawrence H. Summers, the chief White House economic adviser. “Couldn’t you aim a little higher?” deadpanned Christina D. Romer, the chairwoman of the Council of Economic Advisers.

Mrs. Romer was joking, she said in an interview, adding, “There are only a few times that I felt like smacking Larry.” Yet few laughed in the president’s presence.

If the Oval Office incident was meant as a lighthearted moment, it also exposed the underlying tensions that have gripped Mr. Obama’s economic advisers as they have struggled with the gravest financial crisis since the Depression, according to several dozen interviews with administration officials and others familiar with the internal debates.

By all accounts, much of the tension derives from the president’s choice of the brilliant but sometimes supercilious Mr. Summers to be the director of the National Economic Council, making him the policy impresario of the team. The widespread assumption, from Washington to Wall Street, was that the job would be Mr. Summers’s way station until the president could name him chairman of the Federal Reserve when Ben S. Bernanke’s term expires early next year.

But Mr. Bernanke’s aggressive response to the crisis has so improved his reputation that people close to Mr. Obama increasingly suggest the president could well reappoint him in the interests of financial stability — just as Presidents Ronald Reagan and Bill Clinton retained Fed chiefs who had been picked by predecessors of the other party.

As for Mr. Summers, even as top administration officials acknowledge the occasional strains among economic advisers, they say the president is thrilled with the job Mr. Summers is doing in his current post.

When Mr. Obama named his economic team last November, even some within his circle questioned whether Mr. Summers, given his prickly personality, could be an honest broker of other advisers’ ideas, as National Economic Council directors are supposed to be. Mr. Summers also had made it clear that he wanted to be Treasury secretary again, as he was in the Clinton administration.

http://www.nytimes.com/2009/06/08/us/politics/08team.html?ref=business


113 posted on 06/07/2009 6:44:40 PM PDT by kcvl
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To: The Duke

Are the bond vigilantes back?


114 posted on 06/07/2009 6:47:08 PM PDT by idkfa
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To: Miss Behave

She fired her Chief of Staff on Friday before she went to Paris and put an old friend she worked with at the university in her place.


115 posted on 06/07/2009 7:04:46 PM PDT by Arizona Carolyn
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To: Arizona Carolyn
Thanks, Carolyn. I think it's going to be one of those oversized revolving doors--you know, the mega ones for crowds that revolve continuously on their own? :-/
116 posted on 06/07/2009 7:29:17 PM PDT by Miss Behave
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To: idkfa
Are the bond vigilantes back?

That's a new term to me(?)

117 posted on 06/07/2009 7:31:53 PM PDT by The Duke (I have met the enemy, and he is named 'Apathy'!)
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To: Miss Behave

I think so myself, I think MO wears the pants in the family and in the WH... I have read the leaks of the book coming out on the first family — sounds like a must-read.


118 posted on 06/07/2009 7:34:41 PM PDT by Arizona Carolyn
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To: kcvl
That Christina Romer is one strange woman, always giggling and smiling while news is dire.
119 posted on 06/07/2009 8:04:19 PM PDT by TornadoAlley3 (Obama is everything Oklahoma is not.)
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To: mel

Obama’s Economic Circle Keeps Tensions Simmering

http://www.nytimes.com/glogin?URI=http://www.nytimes.com/2009/06/08/us/politics/08team.html&OQ=_rQ3D2Q26hp&OP=1df4ddf1Q2F6,Q5DQ606Q23wQ2FNTwwGQ3B6Q3BAAQ5E6AQ3D6Aa6KN6RwtqGqQ2FN6AaGQ5DYj2dGjt


120 posted on 06/07/2009 8:16:20 PM PDT by Jet Jaguar
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