The Hamtastic Mary Katherine, a favorite of this blog and all meat byproducts, warns us of the incoming Trade Rep. (I know, exciting stuff but it gets better and “better”, I mean worse) being touted by one Pres. Barrington H. O’Snobba for The Great Trade War Czar :
Rep. Xavier Becerra (D-Los Angeles) could become the administration’s point person on international trade. He’s a terrible choice, and not just because of a history of unsavory behavior — such as his successful efforts to win a pardon from President Clinton for convicted cocaine kingpin Carlos Vignali, or the screamingly unethical robo-calls his campaign engineered during his run for Los Angeles mayor in 2001. Becerra is a leader of the Democratic Party’s protectionist wing, which opposes NAFTA, the Dominican Republic-Central American Free Trade Agreement and most other trade deals.
Now for the worst part. The typically and predictably Chicago part. In a news item that I have seen no one really commenting on today, Obama threatens to unleash the power of Urkelnomics on the soon to be unemployed masses by way of a brainless trust of narrow special interest bundlers and fundraisers he’s dubbing the “Economic Recovery Advisory Board”. Tell me if you think these people should be advising anyone about what it takes to jumpstart an economy:
Choosing from corporate boardrooms, labor unions (lulz) and academia (hahahahahaha!), President Obama named a team of outside (ROTFFSMFP) economic advisers Friday that he says he will turn to for help in boosting the sagging U.S. economy.
William H. Donaldson, who served as SEC chairman from 2003 to 2005
Donaldson is the rocket surgeon who implemented Sarbanes-Oxley. SOX as it’s called is (also called many other things under people’s breath) is widely considered to be one of the worst and most costly laws ever inflicted on any business ever. i.e., not growth friendly. The stock market collapsed after it was implemented so it must be working!
Roger W. Ferguson, Jr., president and CEO of the TIAA-CREF retirement fund
How’s that retirement fund working out? Another Harvard egghead who happened to be Urkel’s crony Transition Economic Advisory Board and Trustee of the whackadoo Carnegie Endowment for Dictators with the Ketchup Lady. Alger Hiss not available for comment.
Robert Wolf, chairman and CEO of the financial services firm UBS Group Americas
Investment banker scumbag / Urkel fundraising bundler
David F. Swensen, CIO of Yale University
Yale’s trustfund baby daycare provider / Ever get the feeling that the fix is in? Last week he penned an Op/Ed in the New York Times arguing that we should “stimulate” the economy by bailing out the New York Times as well as making them a tax-exempt organization. It’s For The Public Good! ™
Mark T. Gallogly, founder and managing partner of the investment advisory firm Centerbridge Partners LP
Is there a Democrat he hasn’t written a check to? If not, hold out your hand and get to the back of the line based on your particular aggrieved status – race, sexual orientation and gender in that order please. Again, the New York Times inadvertently spills the beans.
Penny Pritzker, chairman and founder of Pritzker Realty Group
This one is truly priceless. See above “spill the beans” link. Pritzker was the billionaire Finance Chair of Urkel’s campaign. He was going to repay her with the Commerce Secretary job but that’s way more work than causing the subprime mortgage crisis. Which she did. Chicago all the way. What does a Chicago realty bitch know about fixing the economy? About as much as the next bitch.
Monica C. Lozano, publisher and CEO of the Spanish-language newspaper La Opinion
She publishes a Southern California Spanish newspaper. WTF????? National Council of La Raza member. Castrophile. Why does Bank of America extend credit to illegal aliens? You’re looking at one of the reasons. Fix the US economy? I don’t think so. This woman has no business being anywhere outside of a sanctuary city.
The rest are below and there are some jewels. Doerr a no account Green Baron who’s got a carbon credit in your size, Anna Burger another Chicago Madame who was likely in league as the head of Change To Win negotiating a soft landing for Blagojevich with Rahm Emanuel as she was also part of his Transition Team. The AFL-CIO Union thugs. I know they know how to lose jobs but have they figured out how to make one yet without it costing $75 a hour with 3 months of vacation a year?
This list is 95% Hoover with a chance of Debs.
Jeffrey R. Immelt, CEO of General Electric
John Doerr, a partner with the venture capital firm Kleiner, Perkins, Caufield & Byers
Venture capitalist who backs Google who in turn backs Obama to the hilt. As an Al Gore partner, he wants to legislate “greening” laws on every company which – sa-prize! -that just happens to be the business he’s in. Another Obama loyalist.
Jim Owens, chairman and CEO of the heavy equipment manufacturer Caterpillar Inc.
This is the most confusing pick on this panel. Owens is an unlimited Free Trade proponent for an Illinois based company that has never had a productive relationship with Obama as he is, quite simply, the most rabid anti-business President (and former Senator) in US history. The protectionist unions (especially the Steelworkers) could potentially force Caterpillar into bankruptcy as they are the leading purchaser of steel in the United States. Bankruptcy or relocating all of their manufacturing overseas to offset the operating expenses caused by an international steel trade war. Those will be tens of thousands of Illinois jobs lost.
Good luck building those infrastructure projects without that company. I know I’ll feel comfortable driving over that bridge built by the affirmative action hire to promote social justice.
Charles E. Phillips Jr., president of the computer software maker Oracle Corp.
Anna Burger, secretary-treasurer of the Service Employees International Union and chairwoman of the labor coalition Change to Win
Richard L. Trumka, secretary-treasurer of the labor organization AFL-CIO
After losing his job as a stunt double for Alex Karras in “Webster”, Trumka is Urkel’s “house cracker” who shills for the protectionists at the labor union. In that link, he compares Hillary Clinton supporters as bigots because the only reason why you wouldn’t vote for Obama is because you’re a racist – duh. Complete with forehead wiping black preacher shtick. Some assembly required but given his track record of success in his field all future assembly will be done in Korea, Vietnam or Mexico.
Laura D’Andrea Tyson, who served as a key economic adviser to President Bill Clinton and is dean of the Haas School of Business at the University of California, Berkeley
Another Berkeley space case, Clinton leftover, yet another liberal Brookings Institution, CFR member (as are several others on this panel) and had no qualms knitting golden parachutes while running Morgan Stanley into the ground.
Martin Feldstein, George F. Baker Professor of Economics at Harvard University
Let’s provide “stimulus” by slashing the defense budget. Didn’t see that coming. Funny how all these people writing big Op-Ed pieces in the last month all get selected. It’s almost as if they knew that they were going to be nominated and were writing the narrative before this “Board” was going to be announced.