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"Obama Brings On the "B-Team." [View All]

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KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-14-11 08:01 PM
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"Obama Brings On the "B-Team."
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Edited on Fri Jan-14-11 08:21 PM by KoKo
By Maureen Tkacik
January 11, 2011 | 8:03 p.m
Obama Brings on the B-Team

Last week Barack Obama named the pair of white male veterans of Wall Street and the Clinton administration who will be replacing the pair of white male veterans of Wall Street and the Clinton administration who had largely defined his first two years in office. The Professional Left did not take the news well. Gene Sperling, who replaces Larry Summers as chairman of the National Economic Council, a post he also held during the Clinton administration, garnered similar reviews. "He's just totally oblivious to the issues facing our financial system and the economy," said the economist Dean Baker, co-director of the Center for Economic and Policy Analysis, who greeted the news of Mr. Sperling's appointment with a blog post lamenting his "horrible track record" during the 1990s. "But the bottom line is that that's just not their priority. They do know what they're doing, in that they don't really want to do anything."

And in 2010 they voted out the party of endless war and corporate bailouts."

Gene Sperling, who replaces Larry Summers as chairman of the National Economic Council, a post he also held during the Clinton administration, garnered similar reviews. "He's just totally oblivious to the issues facing our financial system and the economy," said the economist Dean Baker, co-director of the Center for Economic and Policy Analysis, who greeted the news of Mr. Sperling's appointment with a blog post lamenting his "horrible track record" during the 1990s. "But the bottom line is that that's just not their priority. They do know what they're doing, in that they don't really want to do anything."

"These people are as clueless as World War I generals," wrote Harper's Magazine columnist Thomas Frank to The Observer in an email. "They have no idea what's going on in the country or how to deal with it. They just take the advice of long-discredited Washington experts and political scientists. There is nothing original or inventive about them, and I am almost ashamed that I ever thought there was."
Much More that reads like Matt Taibbi outrage at........


http://www.observer.com/2011/politics/obama-brings-b-team

EDITED: I repeated a paragraph in the first post...just edited to replace. Sorry about that...:-(


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