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Obama is advised by neoliberal Paul Volcker and former Citi CEO Robert Rubin

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LBJDemocrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 07:27 PM
Original message
Obama is advised by neoliberal Paul Volcker and former Citi CEO Robert Rubin
Edited on Mon Sep-22-08 07:28 PM by LBJDemocrat
Both parties are controlled by the same high-finance, Goldman Sachs ruling class. If you think our leaders give a flying fuck about us and that they're just going to keep our interests in mind out of the kindness of their hearts, you're wrong.

So pressure your Congressmen and Congresswomen directly to put a stop to Paulson's looting of the United States. If what I heard on C-Span this morning is any indication, we're making progress.
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wyldwolf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 07:28 PM
Response to Original message
1. awesome.
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 07:29 PM
Response to Original message
2. Do you know the names of any other economic advisors for Obama?
Edited on Mon Sep-22-08 07:31 PM by babylonsister
Here's some of them:

http://www.cbsnews.com/blogs/2008/09/18/politics/fromtheroad/entry4459328.shtml

The group that will be advising Obama include those who have worked with him for some time now. This is not the first time that Obama will have consulted with Warren Buffett, Paul O’Neill, or Larry Summers.
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LBJDemocrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 07:31 PM
Response to Reply #2
3. Jason Furman was one; I'm not sure if he still is. nt
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 07:32 PM
Response to Reply #3
5. ...
Here's some of them:

http://www.cbsnews.com/blogs/2008/09/18/politics/fromth...

The group that will be advising Obama include those who have worked with him for some time now. This is not the first time that Obama will have consulted with Warren Buffett, Paul O’Neill, or Larry Summers.
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 07:34 PM
Response to Reply #2
6. Heres a list

The List: Obama's Economists
We've mentioned these before in individual posts. Here's a unified list:

Economic policy advisors:
Jason Furman (director of economy policy) source bio
Austan Goolsbee (senior economic policy advisor), University of Chicago tax policy expert source Wikipedia website
Karen Kornbluh (policy director) source bio Wikipedia
David Cutler, Harvard health policy expert source Wikipedia website
Jeff Liebman, Harvard welfare expert source Wikipedia website
Michael Froman, Citigroup executive source bio
Daniel Tarullo, Georgetown law professor source bio
David Romer, Berkeley macroeconomist source website
Christina Romer, Berkeley economic historian source website
Richard Thaler, University of Chicago behavioral finance expert source Wikipedia

Robert Rubin, former Treasury Secretary source Wikipedia bio
Larry Summers, former Treasury Secretary source Wikipedia bio
Alan Blinder, former Vice-chairman of the Federal Reserve source Wikipedia bio website
Jared Bernstein, Economic Policy Institute labor economist source bio
James Galbraith, University of Texas macroeconomist source Wikipedia website

Paul Volcker, Chairman of the Federal Reserve 1979-1987 source Wikipedia
Laura Tyson, Berkeley international economist, Bill Clinton economic adviser source Wikipedia
Robert Reich, Berkeley public policy professor, former Secretary of Labor source Wikipedia weblog
Peter Henry, Stanford international economist source website
Gene Sperling, former White House economic adviser source Wikipedia

Other prominent economists who support Obama:
Brad Delong, Berkeley macroeconomist source Wikipedia website weblog
Joseph Stiglitz, 2001 Nobel laureate source Wikipedia
Edmund Phelps, 2006 Nobel laureate source Wikipedia
Ray Fair, Yale macroeconomist source Wikipedia
Dan McFadden, 2000 Nobel laureate source website
Robert Solow, 1987 Nobel laureate source Wikipedia

Prominent finance people who support Obama:
(not actually economists)
William Donaldson, Securities and Exchange Commission (SEC) Chair 2003-05 source Wikipedia
Arthur Levitt, SEC chair 1993-2001 source Wikipedia
David Ruder, SEC chair 1987-1989 source Wikipedia
Warren Buffet, investor, richest person in world source Wikipedia


http://econ4obama.blogspot.com/2008/06/obama-economic-advisors-and-economic.html

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 07:36 PM
Response to Reply #6
10. Thank you! That's the list I tried to find. nt
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Zynx Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 07:31 PM
Response to Original message
4. Paul Volcker saved this country from out of control inflation.
He was the greatest Fed chief in history.
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shireen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 07:35 PM
Response to Original message
7. Obama should listen to them.
They will help him understand how their stupid little minds operate ....

Obama will do the right thing, I'm confident of that.
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David Dunham Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 07:35 PM
Response to Original message
8. We will lose if we stop the bailout
Kos and some other people at Dailykos are suggesting that the Dems should let the bailout proposal die until after the election. They foolishly assume that most of the Repubs will not vote for a bailout. In fact, most of the Repubs will support the bailout because the corporate funders of the Repub party strongly want it. With no bailout, the stock market and economy will quickly tank in the next few weeks, and the Repubs will correctly blame the Dems. In that situation, we could even lose NJ, CT and maybe even NY. Repub pres and Repub Congress (at least the House) would be the result.

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readmoreoften Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 07:43 PM
Response to Reply #8
11. "Correctly blame the Dems"
No. NO. THEY caused this problem with deregulation. Their solution is to transfer the earnings of this nation into global banking without even asking CEOs of failing banks to take pay cuts? That is not a solution. That's political blackmail. That's a set up.

And when "we" win, the economy will tank due to hyperinflation and it will be the Democrat's fault once again. No. No. No.
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Captain Hilts Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 07:36 PM
Response to Original message
9. I'd listen to them too. nt
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stillcool Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 09:02 PM
Response to Original message
12. Bummer...
Edited on Mon Sep-22-08 09:03 PM by stillcool47
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-22-08 09:11 PM
Response to Original message
13. Huh? Volker was the greatest Fed Chairman in it's history.
And the "high finance" types are not a monolithic group, Rubin is infinitely better then Paulson. If you think Rubin would pull the BS Paulson is doing you are nuts.
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