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Filling out economic team

Posted by Foon Rhee, deputy national political editor November 24, 2008 02:47 PM

The fourth and final member of President-elect Barack Obama's economic brain trust has Cambridge connections -- and was the subject of something of a furor in academia earlier this year.

Christina Romer, a well-regarded economist who graduated from the Massachusetts Institute of Technology, was named today as chairwoman of the Council of Economic Advisers. She joins Timothy Geithner as treasury secretary and former Harvard president Lawrence Summers as senior White House economics adviser as the key members of Obama's economics team.

Romer, who is at the University of California at Berkeley, could be at Harvard now. But her move to the university was nixed in May by President Drew Gilpin Faust, perplexing and infuriating some faculty members at both universities.

The economics department at Harvard had voted to offer Romer tenure, and her husband David was expected to take a post at the Kennedy School of Government. But Faust vetoed the appointment, without public explanation.

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i thought pres-elect obamma was for change?i guess change is relative in a society dominated by relativism!

Posted by john q public November 24, 08 11:07 AM
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Let's hope Obama's economic team able help this country and every american
consolidated their debat in half or something. Our government does not know
how to spend the tax dollars of our people.

Posted by stephanie November 24, 08 11:08 AM
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More former Clinton administration officials (Summers was actually in the REAGAN administration too!), and avowed proponents of globalization and free trade. In other words, these appointments directly contradict every principle Obama ran on and every reason his supporters voted for him.

Suckers.

Change you can believe in!

Posted by Change? Where? November 24, 08 11:17 AM
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Change is all about what you do not who does it. Established players bring experience and gravitas to the position giving appointees the ability to move and implement policy. Obama is being shrewd if he is able to use experience to deliver change.

Posted by Arthur November 24, 08 01:04 PM
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Half the people involved in the Obama administration seem to be from Berkeley...Robert Reich, Laura Tyson, Christina Romer, Eric Schmidt, Dan Kammen just to name a few.......Harvard people, ie Bush, have done enough to screw up the country so I am glad to see this.

Posted by Bostonyo November 24, 08 01:08 PM
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Bush went to Yale moron.

Posted by Dan November 24, 08 01:28 PM
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Bush received his MBS fro Harvard Business School

Posted by KLee November 24, 08 02:25 PM
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Bush also went to Harvard.

Posted by bergersc November 24, 08 02:28 PM
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Summers is from Berkeley? Didn't Obama go to Harvard?

Remember Obamabots, the new mantra is "Same = change, same = change".

OK. Start chanting - and clap your hands.

Change you can believe in!

Posted by Change? Where? November 24, 08 02:46 PM
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Change is about WHY, HOW and WHEN things get done. Not primarily about the WHO, although this particular President-elect is making damn sure the WHO consists of talented, experienced and eminently proficient men and women. When McCain/Palin were trumpeting their so-called maverick/reformer bushwah and insisting that their outsider status was going to serve them and the American people [in their entirely non-specific plans to bring change], don't forget their every move and every speech was carefully orchestrated by the same exact kind of insiders they were publicly blasting. The electorate got that.

Posted by Michael5472 November 24, 08 02:50 PM
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Dan
What's truly hard to believe is that Bush actually graduated from Yale. He has to be one of the dumbest people ever from the Ivy League. Actually, I’m certain he’s long been the inspiration for countless jokes at this otherwise exceptional school. Unfortunately, there’s nothing funny about his legacy...quite possibly the worst president in American history. And I say this as a former Republican…until the very day Bush first opened his mouth. He kind of reminds me of Palin, only smarter, if that’s possible.

Posted by Rudderman November 24, 08 02:50 PM
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Hey Dan, while you are correct in stating that Pres. Bush went to Yale for his undergraduate degree, he later graduated from Harvard Business School to get his MBA.

Moron.

Posted by Harold November 24, 08 02:52 PM
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"Change you can believe in!" SUCKERS!
O' BUMMER doesn't even know what he means by change...it just sounded good so he went with it. Just like everything else that comes spewing out of his mouth. America picked a president like they pick an "American Idol" and now we will have to pay for it. So far the only change that I have seen is president-elect Barack Hussein Obama changing his mind and deciding no to CHANGE anything. Washington politics as usual.

Posted by Paul Ghetti November 24, 08 02:59 PM
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Yeah, just like kicking the lobbyist out of Washington as well...Give me a break! This guy is a phony! My guess is that all of his failures will be because of the Bush administration too! Nobama, all fluff, no substance.

Posted by Shane November 24, 08 03:02 PM
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Bush went to Harvard for grad school, moron.

Posted by Kiki November 24, 08 03:03 PM
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I find it so wonderful to see so many Obama-haters venting their spleen over his success. Eat your heart out. It is great entertainment. Spitting into the wind is mirabile visu.

Posted by padrepadre November 24, 08 03:25 PM
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What's the fuss about Obama's choices? Of course he needs to pick people not only be vitue of their brains, educational background, and talent but also experience!!! To all the whiners out there, who would you pick then, JOE THE PLUMBER?

Posted by Gem November 24, 08 03:32 PM
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Hilarious. After 8 years of deregulation and tax cuts for the richest 1% of America, Bush and Paulson are bailing out Wall St. on their way out the door, while Main St. starves. Of course, according to the empty headed GOP schills, it's all Obamas fault. Why hasn't he fixed this fiasco yet?

It's too bad that we have to wait 2 more months before we actually get a POTUS who actually wants the government to do something besides award no bid, cost plus contracts to Haliburton & Blackwater. The gravy train is ending for wingnut welfare.

Posted by Rob November 24, 08 04:14 PM
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Bush brought the war started by the Al-Qaida to their hide-outs in Afganistan and subsequently freed the Afgan people of the Taliban's tyranny at the same time. He also destroyed the worst Fascist dictatorship since WWII in Iraq. The people of both countries have been freed by his actions in addition to preventing the many subsequent attacks planned by Islamic terrorists on the U.S. For anyone to call him stupid or the worst president ever is just plane insanity.

Posted by Archimedes November 24, 08 06:02 PM
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Archimedes-
I think the word you were looking for is "plain", a plane is a big machine that flies in the sky.

Posted by Noel November 25, 08 11:54 AM
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