Obama's Transition Economic Advisory Board: the Full List

His advisers range from Warren Buffet to Google CEO Erik Schmidt

November 7, 2008 RSS Feed Print
  • Comment (10)

Preparing to inherit a deep economic and financial crisis, President-elect Barack Obama is meeting today with members of his economic advisory team.

His advisers range from mega-investor Warren Buffett to Google CEO Eric Schmidt.

The full membership of Obama's Transition Economic Advisory Board is:

  • David Bonior (member of House of Representatives, 1977-2003)
  • Warren Buffett (chairman and CEO of Berkshire Hathaway)
  • Roel Campos (former commissioner of the Securities and Exchange Commission)
  • William Daley (Midwest chairman of JPMorgan Chase; secretary of commerce, 1997-2000)
  • William Donaldson (chairman of the SEC, 2003-2005)
  • Roger Ferguson (president and CEO of TIAA-CREF; former vice chairman of the Board of Governors of the Federal Reserve)
  • Jennifer Granholm (governor of Michigan)
  • Anne Mulcahy (chairman and CEO of Xerox)
  • Richard Parsons (chairman of the board of Time Warner)
  • Penny Pritzker (CEO of Classic Residence by Hyatt)
  • Robert Reich (professor at the University of California-Berkeley; secretary of labor, 1993-1997)
  • Robert Rubin (chairman and director of the Executive Committee at Citigroup; secretary of the Treasury, 1995-1999)
  • Eric Schmidt (chairman and CEO of Google)
  • Lawrence Summers (professor at Harvard University; managing director at D. E. Shaw; secretary of the Treasury, 1999-2001)
  • Laura Tyson (professor at the Haas School of Business, University of California-Berkeley; chairman of the National Economic Council, 1995-1996; chairman of the President's Council of Economic Advisers, 1993-1995)
  • Antonio Villaraigosa (mayor of Los Angeles)
  • Paul Volcker (chairman of the Federal Reserve Board, 1979-1987)
Tags:
Paul Volcker,
Larry Summers,
Obama transition,
William Daley,
Warren Buffett,
economics,
economy,
Barack Obama

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I would like President Obama to reconvene the Board to review the proposals on tax reform ,submitted by

Dr.Lewis S.Forbes

Lecturer on Economic and Social Policy(retired)

Glasgow University

Glasgow,Scotland .

Summary

Tax-free Deductions.

Two tax-free deductions only will be allowed on each individual's taxable income .

regardless of the amount of taxable income .

1.A standard deduction of $20,000 will be granted to each individual .

2. A medical expenses deduction will be allowed , not to exceed the amount of taxable income .

Tax Loopholes and Exemptions.

These are no longer appiicable.

Graduated Tax Rates

After deductions have been applied , the following rates will apply to all income, both earned and unearned including that from interest on savings , dividendson , equitiesr etc .

Total Income Rate Max.Amount payable Actual Max. Rate

Under $20,000 0% zero 0%

$20,001-$40,000 20% $4000 10%

$40,001-$60.000 25% $9000 15%

$60,001 -$80,000 30% $15000 20%

$80,001-$100,000 35% $22,000 22%

$100,001-$250,000 40% $72,000 28%

$250,001 and over 45% $72,000 plus @8% plus

Dr.Lewis S.Forbes of CA 7:36PM November 12, 2012

is there a list of national scool board presidents, by state for 2009

Angie Sprinkle of NC 8:47AM September 03, 2009

The Gordon Proposal: Suppose the Federal government issued a purchase order to the big three auto companies for say 500,000, cars, 50,000 school busses and 50,000 postal trucks to be delivered in 2 years. The price would be, say, 12 billion dollars. The cars and busses would be specified as electric plug-in's and multi-fuel hybrids, light, efficient, and would in fact define the next generation. This would not be a give-away, but a purchase. There is an enormous difference. The cars, once delivered would be used by the Federal government to replace its existing fleet, and donated or sold at cost to states and municipalities. They in turn would raise the money for their purchases by auctioning their low mileage but now obsolete fleet to the public who would benefit from the low costs of these vehicles. In the meantime the auto companies, with the new designs and tooling in place would have a jump start on offering the public advanced eco-designs.

Mark Jason of CA 12:25PM November 18, 2008

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