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Two former Bush Advisers Now Advising Obama, Will Appear at Economic Meeting Today
July 28, 2008 10:22 AM
ABC News has learned that two former administration officials for President George W. Bush will appear with Sen. Barack Obama, D-Illinois, at an economic meeting today, having signed up to be Obama economic advisers.
Bush administration veterans former Treasury Secretary Paul O'Neill and former Securities and Exchange Commissioner William Donaldson will join former Federal Reserve Chairman Paul Volcker, and more traditionally Democratic economic advisers such as former Clinton Treasury Secretary Robert Rubin, billionaire liberal Warren Buffett, AFL-CIO President John Sweeney, and SEIU Secretary-Treasurer Anna Burger.
Donaldson's tenure at the SEC was notable for his attempts to work with the Democratic Commissioners, for angering the US Chamber of Commerce and Republican legislators, and for abandoning an effort for shareholder proxy access.
O'Neill, the former CEO of Alcoa, had a stormy tenure as Bush's Treasury Secretary, and revealed his frustrations with the Bush administration -- especially over the war in Iraq, economic policy, and the President's leadership style -- in a book written by Ron Suskind, The Price of Loyalty: George W. Bush, the White House, and the Education of Paul O'Neill.
- jpt
July 28, 2008 | Permalink | Share | User Comments (269)
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I hate to say it but even Bush is better than McCain, but with Bush leaving a $490 BILLION dollar deficit, yikes. Good job republicans!
Posted by: Adam L | Jul 28, 2008 5:16:03 PM
For those too ignorant to notice, Obama is getting a wide cross section of economic advisers to hear, not just a couple of Bush guys. He's not "stealing" anyone's plan, but looking for the best answers from a wide array of opinions. I know this sounds novel to some on the right, but for those more interested in what's best for the country at large, it makes sense.
Posted by: Javalation | Jul 28, 2008 4:52:51 PM
McCain continues to run around crying about the surge this and the surge that. I mean who gives a darn anyway about these semantics from failed war that should have never been started??
The American people want this stupid Bush/McBush war finished and thereby stopping the cash hemorrhage down this rat hole Bush and McBush have created, that's all...
Last week we saw McCain screaming ME TOO, ME TOO! On Obama's 16 month timetable position, and whining about press coverage and other made up stuff like this troop visit in Germany (because they have nothing else to talk about)!
So now this week Obama is getting down to business on what really matters to Americans, the ECONOMY STUPID!
Let's all just watch as Obama again sets the pace and how McBush comes running from behind screaming ME TOO, ME TOO, on this one as well....
How pathetic is this old fool McCain anyway???
Obama '08!!!!
Posted by: Davis | Jul 28, 2008 4:44:41 PM
Everything that Obama has done has been politically motivated and calculated to get him to the next level. If you can't see that, then I don't know what to tell you. Take off the rose-colored glasses and see him for who he truly is, not who you would like him to be.
Mack, You say everything that Obama has done has been politically motivated and calculated to get him to the next level. Well, Sen. Obama is a politician! Right! He sounds like a hard worker I'm not sure how being politically motivated and calculated to get him to the next level is a bad thing being that he is just doing his job. I don't know about you and everyone else that just loves to hate on Obama but it sounds and looks like he is dedicated to a job he loves to do. We all know politicians are known for not telling the truth or stretching the truth some time but that label applies to everyone own this planet. Doesn't make it right but it is a fact unlike the BS your trying to sell today! Maybe it's you that should take off the rose-colored glasses and see him for who he truly is, and that is a brilliant politician.
Posted by: Orlando B. Fremont Ohio | Jul 28, 2008 4:41:27 PM
Mack-
Thanks for the response. Good to know that you have those convictions....we need more voters who actually look at campaign and character issues, and not just the talking points. While I still support Obama, it's nice to hear some intelligence and not a bunch of ranting. Good stuff.
Posted by: Henderson | Jul 28, 2008 4:40:31 PM
Reading down these poosts convinces me that we are, in fact, in serious trouble in this country. The two individuals mentioned have demonstrated not only a great deal of experience and judgement, but also the insight to understand that the only way this Country can prosper of the next few decades is to arrive at concensus on the crucial issues we face. The time for venting and personal attacks ends in November. Suck it up.
Posted by: Topsight | Jul 28, 2008 4:34:10 PM
That's ok they will stick around until Obama gets the USA stuck in a quagmire in Afghanistan then they will abandon ship. They are white collar peaceniks.
Posted by: Stark Granger | Jul 28, 2008 4:26:20 PM
HHAHAHAHAHAHAHA!! Keep on saying more of the same with McCain. It's Obama that is taking the Bush advisors. HAHA! With Obama it is Bush 3!
Posted by: Stark Granger | Jul 28, 2008 4:20:23 PM
Henderson,
That is a non-movable sticking point for me. The irony of running on a unity platform and then having attended that kind of church for so many years is more than I can stand. The message is not lost on anyone, it's just that he hasn't done anything in his past that is in synch with his message. He's an intelligent, calculating politician and that's all.
Posted by: Mack | Jul 28, 2008 4:01:34 PM
Patricia mo, Did Oprah call you personally and tell you Sen. Obama used her for her money? Oprah was and still is supporting Sen. Obama 100% By the way, I don't think Oprah would be where she is if people were able to use her like that. You end by saying, the great thing about Obama is his transparency the sad thing is some can't see it. Patricia mo, I don't think you give voters enough credit about what they understand and what they don't, it's that can of arrogance that will sink John McCain for President. The voters are a lot smarter then you think!
Posted by: Orlando B. Fremont Ohio | Jul 28, 2008 4:00:37 PM
O'Neill quit because he didn't agree with Bush's tax cuts. Donaldson tried to cross the aisle and was met with the "us or them" mentality of your current president.
Or didn't you people quite get past the headline?
Posted by: biltud | Jul 28, 2008 3:58:14 PM
Stan-
Fair enough, man. Obama's a calculated dude in a sea of other calculated dudes, and he just seems to be a little better at it.
Posted by: Henderson | Jul 28, 2008 3:56:25 PM
WOW, "USA Today/Gallop Poll" is showing McCain 4pts ahead of Obama. The average of all polls is just over 3pts. The graph is showing McCain surging.
Posted by: eviee | Jul 28, 2008 3:53:23 PM
Mack-
I can see where you're coming from, but I think it's a dangerous assumption to say that he agreed with the message. When it comes down to it, none of us know why he stayed. Maybe he should've left, but that's not for anyone, excepting Sen. Obama, to decide. Not so much trying to defend the guy as much as I'm trying to get a return back to sanity about this issue :)
Posted by: Henderson | Jul 28, 2008 3:52:58 PM
"Maybe Obama attended that church because he felt he could make a difference in the lives of people struggling in Chicago to put food on the table. Maybe it's just that simple"
Everything that Obama has done has been politically motivated and calculated to get him to the next level. If you can't see that, then I don't know what to tell you. Take off the rose-colored glasses and see him for who he truly is, not who you would like him to be.
Posted by: Mack | Jul 28, 2008 3:45:19 PM
Who's the one that's more like Bush now? Yup, Mr. Obama, I'm willing to bet they've been funding Obama and have him in their right pocket. Obama's a puppet and will do whatever they tell him to. Obama is the real third term for George Bush. McCain isn't a viable choice either, so I will just sit this election out and watch the Obama nuts keep taking up for Obama even when he's in the wrong. We're screwed either way Obama or McCain we can't win. Depression here we come
Posted by: Dee-GA | Jul 28, 2008 3:45:00 PM
Now for you people that say Obama used race, please post the link so that myself and others can see it. I bet you racist are sitting their saying to yourselves how dare that n!gger! Just Who does Barrack Hussein Obama think he is? Cry me a river! Just the very thought of Obama being PUTUS probably keeps you people up at night in a cold sweat! I think what you racist and you self hating brown and black people really would love to say but are to coward to say it to all of us white, brown, and black fair minded Americans and people all over the world, is that you would never vote for a peron of color, A. Because I am a white racist and B. Because I am a self hating brown or black person. No matter how qualified or how much white blood Sen Obama has in him you will not vote for Obama. RIGHT! See, most of you racist are cowards. I'm sorry, correction I've given you folks way to much credit, all of you racist are cowards. Some of you people really don't think your racist at all because you have bought into yours and others bull$hit. You can't even post honest blogs and be honest with the American people and the many people around the world that post here because you people are pathetic human beings and lets not forget cowards. You racist are like Camillions hiding in your trailer parks and your middle and upper class homes and neighborhoods behind your computers and your ridiculous bullshit excuses and pitiful lives. Get used to saying President Obama!
Posted by: Orlando B. Fremont Ohio | Jul 28, 2008 3:43:40 PM
Where is the change? Clinton advisors, Bush advisors, seems like instead of change we should call his move "recycle".
Posted by: dav_0107 | Jul 28, 2008 3:42:45 PM
I have to admire the integrety of that Hagel fellow - the backstabbers poster boy. then again, You'd think McCain would be ready for his own tricks being used against him.
These DC professional political whores just gravitate to where the power is moving - like rats to a carcass.
Posted by: Don L | Jul 28, 2008 3:39:35 PM
Henderson, you make a great point. However, Obama steals more frequently than other politicians. He does not have his own ideas. He is just an empty suit.
Posted by: stan | Jul 28, 2008 3:39:07 PM
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