You’ve all seen the movie, “Back to the Future”, well, Obama is going into the future backwards.
We started hearing reports of who is being asked to do what; Rahm Emmanual for CoS, etc.
Well, we are getting more word now…
Obama’s economic team:
1 – William Daley – Chairman of the Midwest, JP Morgan Chase; Former Secretary, U.S. Dept of Commerce, 1997-2000
2 – Robert Reich – University of California, Berkeley; Former Secretary, U.S. Dept of Labor, 1993-1997
3 – Penny Pritzker – CEO, Classic Residence by Hyatt
4 – Roger Ferguson – President and CEO, TIAA-CREF and former Vice Chairman of the Board of Governors of the Federal Reserve, 1997-2000
5 – Lawrence Summers – Harvard University; Managing Director, D.E. Shaw; Former Secretary, U.S. Dept of Treasury, 1999-2001
6 – Anne Mulcahy – Chairman and CEO, Xerox
7 – Richard Parsons – Chairman of the Board, Time Warner
8 – Paul Volcker – Former Chairman, U.S. Federal Reserve 1979-1987
9 – Rahm Emanuel – United States Representative (IL-05)
10 – Jennifer Granholm – Governor, State of Michigan
11 – Robert Rubin – Director and Senior Counselor, Citigroup; Former Secretary, U.S. Dept of Treasury, 1995-1999
12 – David Bonior – Member House of Representatives (Michigan) 1977-2003
13 – Laura Tyson – (Haas School of Business, University of California, Berkeley; Former Chairman, National Economic Council, 1995-1996; Former Chairman, President’s Council of Economic Advisors, 1993-1995)
14 – Antonio Villaraigosa – Mayor, City of Los Angeles
15 – William Donaldson – Former Chairman of the SEC, 2003-2005
16 – Eric Schmidt – Chairman and CEO, Google
17 – Roel Campos – Former Commissioner of the SEC, 2002-2007
Out of this list, and it is ONLY on the economic team, we have:
A) Six… count them 6… Clinton retreads.
B) 1 Reagan retread.
C) 2 Bush retreads.
D) 2 individuals who were part of the bank/financial meltdown with JP Morgan and Citicorp.
E) 1 individual who was part of the net nuetrality fiasco with Time Warner.
I mean… come on… wtf! Out of 17 people, you have 10 that have ZERO business being involved with trying to straighten out the economic mess we are in, 3 who seem to no qualification whatsoever other than being a politician, and CEO/Chair persons of big business who have lapped up Bush’s tax cuts/breaks for the wealthy AND big corporations!
Where are the Harvard economic scholars? Where is Paul Krugman? Where are new faces that have a clue?
Keep in mind everyone, this is ONLY the ECONOMIC team!
I can’t WAIT to see who comes in on the DEFENSE team! Should we expect to see? Gen. Tommy Franks? Paul Wolfowitz? Henry Kissinger?
What about the LEGAL team? Will Yoo be back as well? Janet Reno?
All I can say is that this economic team better be there to answer ONE question and ONE question only, “TELL ME HOW YOU ALL SCREWED UP SO I CAN GET OTHERS TO FIX IT”, cause if this is the team that is to FIX the problem, “change” is soooo screwed.