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Politics : Sioux Nation
DJT 14.32+1.2%Dec 24 12:59 PM EST

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To: Rock_nj who wrote (162561)3/8/2009 7:44:43 PM
From: stockman_scott  Read Replies (1) of 361838
 
Good points...Obama needs to FOCUS on the economy like a laser beam...IMO, we need a manhatten style project to re-invent our economy for this next century...Obama must do everything possible to stabilize the financial system and jumpstart the economy -- nothing else will matter unless that happens...IMO, Larry Summers is too close to the Hedge Fund business and in a way was connected with the current problems if you look at some of the things he advocated during the Clinton years...And Tim Geithner is way too close to Wall Street (and very close to the Lehman failure and the troubled AIG bailout)...Why doesn't Obama have the courage to bring totally new thinkers in to run economic policy and treasury..?? Really shake things up...Wouldn't it be refreshing to have someone like Nouriel Roubini running economic policy...and what about Nobel Prize winner Joseph Stiglitz as Treasury Secretary...?? And Paul Volcker needs more input -- sadly I feel Summers has sorta crowded him out.

So far I am NOT pleased with what the Obama finance team has done...I hope we see some serious improvement very soon.

"We can't solve problems by using the same kind of thinking we used when we created them." ~Albert Einstein
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