Bush Advisors to join Obama's Team

[dtotire]

O'Neill for Obama

Tapper reports:

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.

http://www.politico.com/blogs/bensmith/0708/ONeill_for_Obama.html


This is significant.

[Alter Ego]

1. Paul O'Neill?

DEFCON 1

[Bonobo]

2. BEN SMITH is NOT a reliable source. nt

[dysfunctional press]

3. the corporati transcend party lines.

nt

[lonestarnot]

4. What was it I was reading about Politico here yesterday?

[ErinBerin84]

5. for an economic roundtable....

this is a meeting, but they are not on the team yet.

[TahitiNut]

6. William Donaldson (i.e. Donaldson, Lufkin & Jenrette) is the worst, imho

(Based on personal experience.)

http://www.nndb.com/company/741/000123372/

http://www.nndb.com/people/041/000031945/
http://www.nndb.com/people/738/000123369/ (... a Brown Brothers Harriman alumnus)

[dtotire]

7. Story From ABC News

Two former Bush Advisers Now Advising Obama, Will Appear at Economic Meeting Today
July 28, 2008 10:22 AM

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.

- jpt

[ErinBerin84]

8. so they ARE officially joining? Hmmm. Not that I trust ABC exactly.

[Wanet]

9. Paul O'Neill is not a Bushbot

He was the first Cabinet secretary to resign in disgust. You can read all about it in "The Price of Loyalty: George W. Bush, the White House, and the Education of Paul O'Neill" by Ron Suskind. A very good book.

[AlCzervik]

10. "The Price of Loyalty" is a really good place to start with O'Neill, it's an excellent book

and O'Neill never was a Bushie.