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BUD 28

How can Robert Rubin be one of Barrack's Economic Advisors? As chairman of CITI he screwed up.

http://www.theworldlink.com/articles/2008/11/09/news/doc49152321337ea5​01843493.txt Shouldn't he be prosecuted instead?
.:

rubin is worse than your link suggests, i'm waiting for it all to be put in one place to pose his q, you beat me to it. the choice is discomfitting to say the least.
what do you think of volker? i have strong objections about that one as well. still reeling over emanuel, aipac must control a heck of a lot of washington. if anyone needed proof, emanuel is it....for your entertainment, i present you with this roast, at least he has a sense of humor sorely lacking the last 8 years... .http://www.huffingtonpost.com/2008/11/15/rahm-emanuel-roasts-steph_n_1​44081.html
this is a partial transcript, and here's some video, enjoy... ..http://www.alternet.org/blogs/peek/107256/rahm_emanuel_roasts_stephen_​colbert_for_charity/

on the other hand, iran is suddenly our friend in the mid-east? i must have fallen down the rabbit hole, the whole thing is surreal..........

.......:

He's a classic example of some of the very worn-out retreads that are returning to power, but defined as "change." And who would charge him in this new administration?

DoesDeathDefyDemons?:

Wow, it's amazing that the same people who clamoured about Obama having no experience are now chastising him for bringing in experience people to work for him.
Why not tell us who you would like to see as Secy of Treasury and leading economic advisor to the President?
Have you got an answer, or are you just full of critique?

.......:

Because he is dredging some of the worse from the Clinton era. And surely there are others from the business world that would be far better than the list of clowns (for the most part) that Obama is retreading.

DoesDeathDefyDemons?:

Who Orb? Give me a name, any name. Any one you know of who is a leading economist in the WORLD who Obama would have and you would agree with ..... A NAME.... Be specific!!!!!!!!!!!!!!!!!!!

.......:

Anyone not associated with the Clintons.

DoesDeathDefyDemons?:

I ask for specifics and get another vague response. You clearly have nothing of substance to offer.

.......:

Let me repeat... anyone NOT associated with the Clintons. There should be any number of working professionals from the banking and finance industry that fit that simple requirement. Obama is surrounding himself with Clintonites including their ring leader. He will be theirs to control. And that isn't going to make George Soros very happy. He thought he owned Obama.

.:

@tg, good question. i follow economics(as if you didn't know)and i can't name someone. but isn't this choice similar to appointing paulson for the bailout? putting the fox in charge of the hen house, no matter how capable(perhaps despite that)doesn't seem like the wisest move?
people who have proven to have used poor judgment, to be polite, or to have been party to outright fraud, which i believe both paulson and rubin to have done, deserve our questioning, at the very least.
surely there are other choices, equally experienced to select from? so to turn your question around, who else would you select? do you really think volker is the best obama can do? i distrust volker, his motives, his training and his intelligence. he made some seriously bad calls before, imo...but then, i never liked greenspan either.

DoesDeathDefyDemons?:

He is one of many, not the major voice. Many brilliant minds worked for Citi, and many other banks, and have made missteps. Such is the world of economics. When your theory is out front and leading the way, you're a genius; when your theory tanks, you should be drawn and quartered.
Obama's economic team draws from a wide range of ideas, and his plan to look at things from many angles is probably better than the "shoot from the hip" reactionary economics of today.

.:

tg, good question. i follow economics(as if you didn't know)and i can't
name someone. but isn't this choice similar to appointing paulson for
the bailout? putting the fox in charge of the hen house, no matter how
capable(perhaps despite that)doesn't seem like the wisest move?
people
who have proven to have used poor judgment, to be polite, or to have
been party to outright fraud, which i believe both paulson and rubin to
have done, deserve our questioning, at the very least.
surely there
are other choices, equally experienced to select from? so to turn your
question around, who else would you select? do you really think volker
is the best obama can do? i distrust volker, his motives, his training
and his intelligence. he made some seriously bad calls before,
imo...but then, i never liked greenspan either.

copied from comments under Orb, thought this thread is better served here?
at what level should 'missteps' disqualify one from the more important jobs in the country?

DoesDeathDefyDemons?:

Free, thusfar, I'm happy w/ his advisors. Fox in the henhouse is a good analogy, but that's the best choice, other than a chicken. If I could find a chicken who could out fox a fox, he'd be my choice.

Viking:

That's easy. It's the change that Obama is brining to DC. Along with Biden, Emanual, Clinton, Harrold, Daschel, and all the other DC hacks. Didn't Obama say something about we need to do more than "shuffle chairs?" Yeah, he's really bringing change and new blood to DC.

Dollar brand:

With his experience and knowledge, maybe he can help fix the problem, a mind is a terrible thing to waste.........

.......:

True. He'll know who to bribe and where to stash his millions overseas. Perfect fit with the rest of the Clinton clan back in DC.

DoesDeathDefyDemons?:

Orb, needn't anyone remind you that Clinton left office with an 80% approval rating, and had managed to accumulate a surplus in his 8 years as President? Are you one of those people who hold him at fault because he got a hummer under the desk?

.......:

Oh please. Clinton like Obama had and has the press in his pocket. And he also had a very calm presidency into which he put very little real effort. He was a boat without oars simply floating downstream. And now we are paying for it, again and again. From Fannie and Freddie to the security positions around the world.

DoesDeathDefyDemons?:

Your revisionist history has me intrigued. But for the fact that I know you have no concrete thoughts on any issue, including the economy; I will complement you on your pretty imagery of a boat on a river.
Otherwise, you are just another whisper in the wind, or a parrot repeating what the cracker holders want to hear.

DoesDeathDefyDemons?:

Pretty bird, pretty bird!!!!!!!

.......:

Try and find hard facts on the so-called $800 million surplus not based on the bubble economy created under the Clintons. Good luck. And nice childish rant. Very appropriate.

.:

@Orb, the surplus is public record, i don't think it's based on voodoo economics. also, the method used to measure debt has been drastically changed, another bush legacy, to hide just how bad conditions are now. during the clintons the methods were far more stringent.
i suggest looking into the methods used, it's not too hard to get a basic grasp, then do the figures yourself. that way you're far more likely to trust the results. at least you'll see they aren't based on financial bubbles. there are other tricks used, to be sure. but even clinton haters agree about the economy bush inherited
PS. i have no interest in taking sides here, OK/.

.......:

Ponder this... how much impact did a Congress that kept Clinton/s in check have? That will not be the case this time around. The floodgates are wide open on both spending and taxation. A double whammy.

Takeru:

if you take something a part, you know how to put it together again.

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