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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Oblomov who wrote (10546)	11/13/2008 12:28:31 AM
From: John Pitera	Read Replies (3) \| Respond to of 33421

HI O, this is kind of like a surrealistic Kafka Movie where you have sports team with a well honed play book that they have crafted over a number of years and all of a sudden, they collectively look at each other and say well we don't need any of this anymore and carelessly chuck the books behind them.... or maybe a bunch of librarians who decide they need to feed the playbooks to a big roaring bonfire like the Texas Aggies have every year prior to playing UT. I have to take President elect Obama to task for sending Madeline Allbright as one of his representatives to this weeks economic summit. The women is not qualified to be there. The New York Times wrote articles about how her policy leanings and messages to both allies and adveraries around the global could be gleaned by what Broaces she choice to wear. culled from her wikipedia biography: Madeleine Albright graduated from the Kent Denver School in 1955. Awarded a BA from Wellesley College with honors in Political Science, she studied at the School of Advanced International Studies at Johns Hopkins University, received a Certificate from the Russian Institute at Columbia University, and her Master's and Doctorate from Columbia University's Department of Public Law and Government. She was also awarded Honorary Doctors of Laws from the University of Washington in 2002, University of Winnipeg in 2005, the University of North Carolina at Chapel Hill in 2007 and Knox College in 2008 [6]. From 1976 to 1978, she served as Chief Legislative Assistant to US Senator Edmund Muskie. From 1978 to 1981, as both a staff member of the White House and the National Security Council, Albright was an important Carter administration official responsible for the formulation of foreign policy legislation. From 1981 to 1982, Secretary Albright was awarded a fellowship at the Woodrow Wilson International Center for Scholars at the Smithsonian Institution following an international competition in which she wrote about the role of the press in political changes in Poland during the early 1980s. In 1982, Albright was appointed Research Professor of International Affairs and Director of Women in Foreign Service Program at Georgetown University's School of Foreign Service. She taught undergraduate and graduate courses in international affairs, US foreign policy, Russian foreign policy, and Central and Eastern European politics, and was responsible for developing and implementing programs designed to enhance women's professional opportunities in international affairs. She was voted "best teacher" four times. Before becoming Secretary of State, Albright served as US Ambassador to the United Nations during President Clinton's first term. Today, Secretary Albright is once again a professor at Georgetown. -------------- she's has absolutely no background in complex financial matters. You could be prepping her for this meeting and she would very easily not be able to identify the difference between a CDO, a CDS and what the TARP facility is. Half the readers of this thread have been following the severe financial crisis more adroitly than she has. Let her prove me wrong. Bad signal that this is sending to everyone. Obama, 47, has repeatedly insisted there can only be ``one president at a time.'' He is sending two representatives, former Iowa Republican Rep. Jim Leach and former secretary of state Madeleine Albright to this weekend's economic summit of leaders of the Group of 20 nations in Washington rather than attend himself one more question.... what is this nonsense that when the US Government needs someone to be a Czar, it's for a crazy (ie. non market) based initiative doomed to failure implicit with the description of the job title as Czar.... As in Energy Czar, Drug Czar, Auto company Czar. Social and economic planning worked out so well for the Czar's in Russia. John