NP but it is Against the Day.............

[Mark Kohut]

OBAMA’s RESPONSE SO FAR

He will be holding a press conference tomorrow after a meeting with his economic transition team. He is expected to name Larry Summers his Treasury Secretary, he of rejection at Harvard and Clinton’s former Treasury Secretary. (he was Rubin’s #2) Doug Ireland passed around the members of his team.

Here (thanks to The Politico) is the list of Obama’s transition economic advisory team. You will note that it is composed entirely of current or former government officials and bureaucrats and corporate types. There is not a sinigle representative of the labor movement, not a single labor economist, not a single representative of progressive or economic watchdog groups, not a single representative of consumers…..guess what kind of economic policies and appointments we’ll get out of this crowd!
— D.I.

Obama’s economic advisers

Barack Obama and Joe Biden will hold a meeting with the Transition Economic Advisory Board Friday at the Hilton Chicago at 2:30 p.m. Eastern. 

The members of the Transition Economic Advisory Board are below, and all will participate in tomorrow’s meeting.

• David Bonior (Democratic member of the House of Representatives, 1977-2003) 

• Warren Buffett (chairman and CEO, Berkshire Hathaway) — will participate via speakerphone 

• Roel Campos (former commissioner at the Securities and Exchange Commission) 

• William Daley (chairman of the Midwest, JPMorgan Chase; former secretary, U.S. Dept of Commerce, 1997-2000) 

• William Donaldson (former chairman of the SEC, 2003-2005) 

• Roger Ferguson (president and CEO, TIAA-CREF and former vice chairman of the Board of Governors of the Federal Reserve) 

• Jennifer Granholm (governor, state of Michigan) 

• Anne Mulcahy (chairman and CEO, Xerox) 

• Richard Parsons (chairman of the board, Time Warner) 

• Penny Pritzker (CEO, Classic Residence by Hyatt) 

• Robert Reich (professor, Goldman School of Public Policy, University of California, Berkeley; former secretary, U.S. Dept of Labor, 1993-1997) 

• Robert Rubin (chairman and director of the executive committee, Citigroup; former secretary, U.S. Department of Treasury, 1995-1999) 

• Eric Schmidt (chairman and CEO, Google) 

• Lawrence Summers (managing director, D.E. Shaw; former president of Harvard University; former secretary, U.S. Department of Treasury, 1999-2001) 

• Laura Tyson (professor, Haas School of Business, University of California, Berkeley; former chairwoman, National Economic Council, 1995-1996; former chairwoman, President’s Council of Economic Advisors, 1993-1995) 

• Antonio Villaraigosa (mayor, city of Los Angeles) 

• Paul Volcker (former chairman, U.S. Federal Reserve 1979-1987)

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