Obama Calls on Team Clinton for Economic Advice
It's a fact of life in Washington presidential politics: No matter how experienced you are when winning the White House, candidates and new presidents have only one source of battle-tested experts to choose from when setting new policy or hiring new cabinet heads. And that's whoever served in the previous administration of their party. So, it should be no surprise that Sen. Barack Obama, who's been working on his economic positions for months, has turned to the old Clinton team that brought the country great economic wealth, until the stock market collapsed when the Internet bubble popped. The Clinton people he has been reaching out to for advice include former Treasury Secretary Bob Rubin , former economic advisor Laura Tyson, former Treasury Secretary Larry Summers, former Labor Secretary Bob Reich, and former Commerce Secretary Bill Daley. "These," says Obama's able spokesman Robert Gibbs, are the "core of people he speaks to." And a surprise visitor to his economic team has been former Bush Treasury Secretary Paul O'Neill dumped in 2002. Any of them could become part of Obama's economic team should he win in November, with a lot of focus on Daley being Treasury secretary.
Tags: Barack Obama | Bill Clinton
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Reader Comments
Got it right in the 1990's??!!?
Clinton's economic team is responsible for triggering what just happened to the economy. Citibank was an illegal entity until that corrupt group repealed the Glass-Steagall Act of 1933. Now any bank can access the Federal Reserve and with so much money at reserves lets all hand out sub-prime loans like it was candy, the debt bubble just has been ballooning up since then and decided to pop last year. Some think it hasn't even popped yet, just aired out some. Oh where did that economic team go after they were out of office??? CEO of Citi-bank, Vice-president of Citi-bank, both of which just recently resigned due to a $45 Billion dollar bankruptcy their company is going through. He can run a bank into the ground, hmmm, we should get advice from him on the current economy shouldn't we?!? Watch 2012 when social security runs out, Great Depression is on our midst. What an economic team does one year has effects years later. And now he's calling on the same group that did this to us, to fix it now??!? Good luck!
Clinton
Obama won't ask Clinton for "advise" after calling Bill Clinton a racist. He just asks him to campaign as a fellow Democrat. The fact that Bill Clinton supports Obama after Obama stooped to calling him a racist makes Bill Clinton a better person than me. Obama's racism is what started turning me against him, and Obama just kept on going with anything and everything to win. Obama is not for you and me, only himself. I would not trust him as president and this Democrat won't be voting for Obama.
The Clinton Team
I'm glad to see that Obama has sense enough to ask the gals and guys who got it right during the 1990s for their help on the economy. The only downside? We could have had a real Clinton as our candidate, but I suppose "Clinton lite" will have to do. It's a good thing Obama isn't listening to some of the so-called "progressives" on the Internet who seem determined to drive the Clintons out of public life. Apparently the candidate is a lot smarter than some of his supporters.
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