Bush Names Major Fundraiser as Economic Adviser

[Rose Siding]

WASHINGTON (Reuters) - President Bush on Monday named Allan Hubbard, an Indiana businessman and major fund-raiser for his presidential campaigns, to serve as one of his top economic advisers, the White House announced.

Hubbard, a Bush friend since they were classmates at Harvard Business School, will serve as assistant to the president for economic policy and as director of the White House National Economic Council. He succeeds Stephen Friedman, who resigned late last year.

His appointment is part of a gradual remake of Bush's economic team to help push through a second-term economic agenda that includes overhauls of Social Security and the federal tax system.

White House spokesman Scott McClellan said Bush "has a great amount of trust" in Hubbard, who once served as deputy chief of staff to Vice President Dan Quayle during the administration of Bush's father.

Hubbard and his wife were top fund-raisers for Bush's presidential campaigns, raising at least $100,000 for the 2000 election alone, according to Texans for Public Justice, which tracks political donations.
...
In another expected change for Bush's economic team, the chairman of the White House Council of Economic Advisers, Greg Mankiw, plans to return to his teaching post at Harvard University as early as February, people close to the White House said.

http://www.reuters.com/newsArticle.jhtml?type=politicsNews&storyID=7285043&src=rss/ElectionCoverage

Isn't that Greg "outsourcing is good for you" Mankiw?

[UpInArms]

1. Allan Hubbard is such a charmer /sarcasm

http://www.tpj.org/pioneers/allan_hubbard.html

Occupation: President, E&A Industries, Inc.
Industry: Energy & Natural Resources
Home: Indianapolis, Indiana

Hubbard’s E&A Industries is the parent of Car Brite, Inc., which makes chemicals used to recondition cars. Hubbard also has stakes in a Minneapolis plastics company, a Pittsburgh real estate company and Centillion Data Systems software company. Hubbard is a former state GOP chair who once served as deputy chief of staff to Vice President Dan Quayle. Yet Hubbard and Pioneer Steve Goldsmith hosted a fundraiser for Bush before Quayle withered on the primary vine. Hubbard’s wife, Kathy, also is a Pioneer.

and then there's this:

http://www.ombwatch.org/regs/archives/quayle.html

Cases of Quayle Council Interference

In the two years Vice President Dan Quayle chaired the Council on Competitiveness, the Council interfered in, stalled, or killed dozens of regulatory programs and issued sweeping policy reports with both legislative and regulatory proposals on issues such as biotechnology and product liability. Some examples:
The Quayle Council paved the way for interference by the White House in an important Clean Air Act rule that would allow electric utilities to evade pollution controls.

The Council worked to weaken a proposal to cut pollution over the Grand Canyon caused by a nearby power plant that created a haze over the Canyon and impaired visibility.

The Council targeted worker safety when it intervened in an OSHA rulemaking to block much needed protections for workers exposed to formaldehyde.

The Council planted a gaping loophole in the EPA's Clean Air Act permitting proposal, allowing polluters to increase toxic emissions -- as long as state authorities do not object to the pollution increase within seven days.

<snip>

Quayle's Council on Competitiveness interfered in an unknown number of regulatory programs, promoted anti-consumer policy proposals, and backed an array of deregulatory, pro-business legislative initiatives. Due in large part to the attention drawn by a report on the council, co-authored by OMB Watch and Public Citizen's Congress Watch, as well as widespread media coverage of the Quayle Council's role in the wetlands debate and the vice president's civil litigation reform proposals, the Council finally received some of the attention it deserved. A hearing before the Senate Governmental Affairs Committee, revealed the many ways the Council usurped congressional authority and hijacked the agency rule-making process.

There were reports of conflict of interest on the Council as well. Press accounts revealed that Allan Hubbard, the executive director of the Quayle Council on Competitiveness, was half-owner of an Indiana chemical company, and consequently may have had a conflict of interest in carrying out his public role. According to a report released by OMB Watch and Public Citizen, Hubbard also owned stock in an electric utility company, another industry subject to new Clean Air Act requirements. In response to these conflict of interest charges the White House has held up a waiver from conflict of interest laws that Quayle granted Hubbard in June 1991.

...more at link....

:puke:

and yes, that Greg is the "outsourcing is good" POS

[phusion]

2. Has * named his new Homeland Security Thug?

Has he named another Homeland Security Head yet? Did I miss it?

[mr_hat]

3. The man knows economics, clearly. n/t

[sellitman]

4. How to succeed in Amerika

Send bush the lesser lots of cash and stand in line.

[Bouncy Ball]

5. So maybe he can just fundraise himself a few trillion

to get us out of this mess?

Doubt it. God bush is stupid. Being that dumb should HURT.

[bin.dare]

6. between you and i, raising $100,000 for a campaign is ...

... peanuts.
the 2004 election was approx $200 mil. Hubbard is not being rewarded for the $100,000 in 2000.

so what IS he being rewarded for ?????

[KC21304]

7. Haven't you heard ? Bush just wants to sit around with

all his friends and have a good, easy time of it this go round.

He isn't even making a pretension anymore.

All that hard work, that was his first term.

[sellitman]

8. Feed him

Pretzels! Lots of them. They are great food for sitting around.

;)