Two former Bush Advisers Now Advising Obama, Will Appear at Economic Meeting Today

[RamboLiberal]

Source: ABC News

ABC News has learned that two former administration officials for President George W. Bush will appear with Sen. Barack Obama, D-Illinois, at an economic meeting today, having signed up to be Obama economic advisers.

Bush administration veterans former Treasury Secretary Paul O'Neill and former Securities and Exchange Commissioner William Donaldson will join former Federal Reserve Chairman Paul Volcker, and more traditionally Democratic economic advisers such as former Clinton Treasury Secretary Robert Rubin, billionaire liberal Warren Buffett, AFL-CIO President John Sweeney, and SEIU Secretary-Treasurer Anna Burger.

Donaldson's tenure at the SEC was notable for his attempts to work with the Democratic Commissioners, for angering the US Chamber of Commerce and Republican legislators, and for abandoning an effort for shareholder proxy access.

O'Neill, the former CEO of Alcoa, had a stormy tenure as Bush's Treasury Secretary, and revealed his frustrations with the Bush administration -- especially over the war in Iraq, economic policy, and the President's leadership style -- in a book written with Ron Suskind, The Price of Loyalty: George W. Bush, the White House, and the Education of Paul O'Neill.



Read more: http://blogs.abcnews.com/politicalpunch/2008/07/two-former-bush.html

[brooklynite]

1. AN economic summit is a good start, but...

...he's got to take the mesage on the road to the small towns in Ohio, Michigan, etc.where people are hurting economically, and where, so far, he's not pulling enough of the vote.

[Tandalayo_Scheisskopf]

2. Make that small towns everywhere.

He also needs to point his remarks at small businessmen and women, because they are taking a huge hit in these times.

But speaking directly to all the unemployed and under-employed, and addressing the real issues like off-shoring, would be a powerful thing.

[ElectricGrid]

3. Doesn't sound like change to me.

[iamthebandfanman]

6. and you didnt read anything

did ya ?

those people didnt stay long because they didnt like the administration.


maybe you should read an entire article before passing judgement?

oh wait, that wouldnt fit your agenda.

[frog92969]

7. My first thought too - That headline sucks

But Bu$h never did listen to anybody but Cheney and "God".

[truthisfreedom]

4. A sound start... people who already know exactly what's been going on.

People who have been following the madness since leaving, as well.

[snooper2]

5. Paul O'Neill is good...

The only decent person Chimpy ever appointed ...don't know too much about the other one..


GOBAMA!

[annabanana]

8. Since they are characterized as "economic advisers" I wonder

if they are acolytes of supply-side trickle-down "free market" radicals....

I know that both of them are unhappy with B*sh, I just don't know if their discontent extends to his regressive economic policies.

[wishlist]

9. Former Treasury Sec Larry Summers backed up Obama's ideas today

Maria Bartiroma of CNBC did a good interview with Larry Summers today where he was very supportive of Obama and dispelled the Repub talking points claiming that Obama will cause another Great Depression. Summers emphasized that Obama's top priority would be keeping the economy strong while closing the tax loopholes and uncollected taxes (benefiting the wealthy) and that Obama's spending proposals would be spread out and stimulate the economy rather than adding more to the huge deficit, and help consumers rather than just corporations..

He was a breath of fresh air (after all of the disgusting dishonest Repub hacks who got much more airtime all day today on CNBC, never acknowledging that Bush's tax breaks and financial policies have been a dismal failure) The McCain guys were laying it on thick to convince investors that Obama will raise everyones taxes and sink the market. These selfish Repub bastards never admit that Bush trickle down policy has only helped those at the top who have profited from the inflation in oil and commodities, speculation or their political connections with Bush & Co.