Political & Elections

BigG · Guru

RE: Daley in the WH administration

soccerguy315 · Guru

soccerguy315 wrote:

you are write CF, I bet he will get a lot done for JP Morgan, and have a nice seat waiting for him when he wants to come back.

geez, learn English. "you are write" ... ugh. sorry everyone, lol.

Cartera · Guru

As a legal recruiter, I can tell you that I can't find enough SEC and FDA lawyers for the needs in private practice. The large financial firms love to hire attorneys from the SEC. One of the needs now is for those with expertise in exchange traded funds. I've had to get a mini-education in this area. Experience with fund transfers generally is also sought. Law firms continue to clamor for FDA attorneys. Knowledge of regulations involving prescription and counter drugs, advertising, medical devices, anti-kickback laws, etc. is a hot commodity.

BigG · Guru

When the Roman Catholic Church was effectively the uber-government of Europe, the sort of abuses with respect to abuse of influence and fiscal corruption we are seeing in the US government today lead to the Protestant Reformation and the subsequent counter Reformation.

Congressional celibacy?

soccerguy315 · Guru

you are write CF, I bet he will get a lot done for JP Morgan, and have a nice seat waiting for him when he wants to come back.

BigG · Guru

But for whom will he "get things done"?

The whole Wall Street bailout circumstance reeks of favoritism. Can the country stand more of the same?

Cardinal Fang · Senior Member

Although his father and brother were Mayors of Chicago, William Daley has not been involved in Chicago politics. He was an Illinois businessman and then became Commerce Secretary under Clinton.

Amazingly, he is supported by some, including Howard Dean, whose politics are well to the left of his. They say he is a pragmatic guy who gets things done.

soccerguy315 · Guru

A JP Morgan executive... wonder what he will advise Obama in relation to banking policies?

Gotta replace the people who leave though... here is an article about people who just wrote the legislation leaving for the private sector to advise them on how to best exploit the new legislation: http://www.washingtonpost.com/wp-dyn/content/article/2010/12/29/AR2010122902721.html

Abyss · Senior Member

Another lawyer? Just what we needed.

BigG · Guru

More of the same old , same old.

When he worked on Wall Street, the Federal Governmant backstopped his screwups.

When he screws up in government who will bail him out? The Chinese?

I think the "risk without consequences" paradigm that prevades Wall Street has served the larger society poorly. Why encourage and propagate that?

-- Edited by BigG on Thursday 6th of January 2011 01:06:13 PM

-- Edited by BigG on Thursday 6th of January 2011 01:07:15 PM

SamuraiLandshark · Guru

http://edition.cnn.com/2011/POLITICS/01/06/bill.daley.profile/

Bringing Obama to the center or more Chicago-style politics? What do you think?