Post by jeffolie on Jan 31, 2009 10:48:49 GMT -6
Obama's lobbyists appointed to his Administration
The Obama Admininstration is using lobbyists just the same as the Bush Administration. Obama's lies and corruption are much the same as the discredited Bush lies and corruption.
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No sooner did the new president announce new rules aimed at limiting the influence of lobbyists than he made an exception for Treasury Secretary Tim Geithner’s chief of staff. It looks as if the job will go to Mark Patterson, who up until last year was a lobbyist for none other than Goldman Sachs. “The Obama administration’s limitation on lobbyists isn’t a direct ban,” explains ABC News. “Lobbyists are still allowed to be a part of the administration working on areas that they have not lobbied on.” Seeing as Goldman’s tentacles extend so far into both the financial sector and government alike, one wonders if Patterson will have much to do if the administration keeps its word.
Meanwhile, the new president’s choice to be White House counsel for economic affairs is Neal Wolin. He wasn’t a lobbyist, but his last gig was division president at The Hartford, a company that happens to be seeking as much as $3.4 billion of TARP money. Pressed to respond to this conflict of interest, a White House flack says, “Neal has unparalleled experience in dealing with financial issues as a lawyer in both government and the private sector,” echoing the administration’s defense of Geithner and his back-taxes baggage. “We are fortunate to have [Wolin's] counsel in this time of financial crisis. It is unlikely he will have any need to address the Hartford specifically in his work in the White House, and if he does he will recuse.” Seeing as The Hartford is tied up intimately with the ongoing train wrecks of AIG, Fannie Mae, and Freddie Mac (not to mention Lehman), Wolin too might spend a good part of the day twiddling his thumbs if the administration keeps its word.
www.dailyreckoning.com/from-wall-street-to-washington-shameful-or-brazen/
But of all these appointments, Patterson, the Goldman alumni, is the most interesting, because his hiring fits into a larger pattern, which The New York Times late last year summed up in the pithy phrase, “Government Sachs.”
foxforum.blogs.foxnews.com/2009/01/29/pinkerton_treasury/
The Obama Admininstration is using lobbyists just the same as the Bush Administration. Obama's lies and corruption are much the same as the discredited Bush lies and corruption.
---------------------------------------------------------------------------------------------------------------
No sooner did the new president announce new rules aimed at limiting the influence of lobbyists than he made an exception for Treasury Secretary Tim Geithner’s chief of staff. It looks as if the job will go to Mark Patterson, who up until last year was a lobbyist for none other than Goldman Sachs. “The Obama administration’s limitation on lobbyists isn’t a direct ban,” explains ABC News. “Lobbyists are still allowed to be a part of the administration working on areas that they have not lobbied on.” Seeing as Goldman’s tentacles extend so far into both the financial sector and government alike, one wonders if Patterson will have much to do if the administration keeps its word.
Meanwhile, the new president’s choice to be White House counsel for economic affairs is Neal Wolin. He wasn’t a lobbyist, but his last gig was division president at The Hartford, a company that happens to be seeking as much as $3.4 billion of TARP money. Pressed to respond to this conflict of interest, a White House flack says, “Neal has unparalleled experience in dealing with financial issues as a lawyer in both government and the private sector,” echoing the administration’s defense of Geithner and his back-taxes baggage. “We are fortunate to have [Wolin's] counsel in this time of financial crisis. It is unlikely he will have any need to address the Hartford specifically in his work in the White House, and if he does he will recuse.” Seeing as The Hartford is tied up intimately with the ongoing train wrecks of AIG, Fannie Mae, and Freddie Mac (not to mention Lehman), Wolin too might spend a good part of the day twiddling his thumbs if the administration keeps its word.
www.dailyreckoning.com/from-wall-street-to-washington-shameful-or-brazen/
But of all these appointments, Patterson, the Goldman alumni, is the most interesting, because his hiring fits into a larger pattern, which The New York Times late last year summed up in the pithy phrase, “Government Sachs.”
foxforum.blogs.foxnews.com/2009/01/29/pinkerton_treasury/