It's a rainy day on the Jersey coast and I decided to do some research on what an Obama cabinet might look like. I was particularly interested in who was under consideration for the Secretary of Treasury. I was delighted to find that Tony Resko's name was only mentioned by one source. I think it was a joke.
Several names surfaced. Some surprised me as they were Republicans. Sheila Bair, chairman of FDIC, a Republican for one. Timothy Geithner, president of the Federal Reserve Bank of New York, is believed by many to have the inside track. Larry Summers, the former president of Harvard and Clinton Secretary of the Treasury is also mentioned. He gives a revealing assessment of the distribution of wealth between 1979 and today. It gives a clue as to how he might lead this important position. It is thought provoking and lends itself to classic debate about American economy and taxation.
If you scroll to the lower portion of this site, you will see Larry Summers in a recent and interesting video. Don't be alarmed by the source.
http://www.huffingtonpost.com/2008/1..._n_135233.html
Several other candidates surfaced during my research. Man, I wish I had internet access like this when I was in college. If you have idle time and check the backgrounds of those under consideration, you may be comforted or outraged depending on your perspective.
Fumar, once again you move us to greater awareness with your voice of reason, logic and imagery. The picture of you clinging to the wheel of your Lincoln when the wealth redistributors try to take it from you is inspiring....and from the perspective of the "change" meisters, even counter revolutionary. No gas intended. Well said.
Kahuna...I believe we need the tax relief and deficit reduction up front. I know that sounds like a contradiction but we have some of the most creative, ingenious economic scholars in the world working on the problem. Surgical excisions of current and future entitlements would help and maybe Fumar can keep his Lincoln. .