Memo to Team Obama: The Smartest Guys in the Room Model Does Not Work…

From Charles Krauthammer:

The list is long. But the list of causes of the collapse of the financial system does not include the absence of universal health care, let alone of computerized medical records. Nor the absence of an industry-killing cap-and-trade carbon levy. Nor the lack of college graduates. Indeed, one could perversely make the case that, if anything, the proliferation of overeducated, Gucci-wearing, smart-ass MBAs inventing ever more sophisticated and opaque mathematical models and debt instruments helped get us into this credit catastrophe in the first place.

And yet with our financial house on fire, Obama makes clear both in his speech and his budget that the essence of his presidency will be the transformation of health care, education and energy. Four months after winning the election, six weeks after his swearing in, Obama has yet to unveil a plan to deal with the banking crisis.

We need to get in a team of regular Americans on these ’round table, summit,cocktail party, bs sessions on the Hill. Whenever the Geniuses get together it is a frakkin clusterfxxk

Ideally we should send follow the Nextel commercial model for governance, firefighters, roadies and UPS folks do our representing :0) We were supposed to get that with the House, but clearly it ain’t happenin, look at Pelosi vineyards and the Top 10 wealthiest Critters, their seats are good as the gold they can spend to keep them…

try to make it to a Tea Party or call your Critters when they roll out these goofy proposals that clearly are unworkable to markets and Main St, but the critters think are swell…

March 6, 2009. Tags: , , , , , , , , , , , , , , , , , , , . Economy, Obama Administration, Politics, TARP, Taxes, Uncategorized, Wall St.

2 Comments

  1. The Smartest Guys in the Room Model PT II:”the cluelessness of the elite” « Moderate in the Middle replied:

    […] Smartest Guys in the Room Model PT II:”the cluelessness of the elite” Krauthammer and MiM aren’t the only ones seeing this […]

    Like

  2. Tom Awtry replied:

    I think President Obama is in war with both the congressional GOP and the Fat Cats of our most treasured street in America – “Wall Street” and we the people are losing the most in this war.

    http://ourcountryspresident.wordpress.com/2009/03/07/what%E2%80%99s-the-problem-wall-street-or-government/

    Like

%d bloggers like this: