Friday, February 06, 2009

Obama's Economic Advisory Board Are Internal Lobbyists

Obama's newly established economic advisory board, headed by Paul Volcker, is nothing more than giving sitting CEOs and chairs a direct ear to the president.

Obama has talked about the problem of lobbyists, yet he is integrating the practice directly into his administration. What better lobbyist than the firm's president, chair, CEO?

His board, that will remain in tact for at least two years, consist of the following:

-- Austan Goolsbee as staff director and chief economist
-- William H. Donaldson, SEC Chair, 2003-05
-- Roger W. Ferguson, Jr., president and CEO
-- TIAA-CREF; Robert Wolf, chairman and CEO, UBS
-- David F. Swensen, CIO, Yale University
-- Mark T. Gallogly, founder and managing partner, Centerbridge Partners L.P.
-- Penny Pritzker, chairwoman, Pritzker Realty Group
-- Jeffrey R. Immelt, CEO, GE (parent company of NBC News)
-- John Doerr, partner at Kleiner, Perkins, Caufield & Byers
-- Jim Owens, chairman and CEO, Caterpillar Inc.
-- Monica C. Lozano, publisher & chief executive officer, La Opinion
-- Charles E. Phillips, Jr., president, Oracle
-- Anna Burger, chairwoman, Change to Win
-- Richard L. Trumka, secretary-treasurer, AFL-CIO
-- Laura D'Andrea Tyson, dean, Haas School of Business at the University of California at Berkeley
-- Martin Feldstein, professor of Economics, Harvard

Obama's a phony.


Rachel Hauck said...

I thought he wasn't going to associate with lobbyists? Hmm.

I heard some reporters try to ask him about it and he got all defensive, like, "Hey, I just came down to say hi."

Um, Obama, you're President of the U.S. Welcome to the big kids pool. ;)


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