Another White House Resignation - The Firearms Forum

199er · 08-06-2010, 08:52 AM

Christina Romer, one of President Barack Obama's most pivotal economic advisers, is resigning, a change that comes as the White House struggles to show signs of clear economic gains to a hurting nation.

Romer, the head of the Council of Economic Advisers, announced her resignation Thursday, effective Sept. 3. She becomes the second high-level Obama aid to leave this summer, following the resignation of White House Budget Director Peter Orszag.

A person close to Romer said she is a top contender to be named president of the Federal Reserve Bank of San Francisco, an appointment that would be made by the regional organization's board of directors. The source spoke on condition of anonymity because a decision has not been made.

............The white House claims we are on the road to recovery but we still have double digit unemployment and Romer, who resigns just happens to be the top contender for the appointment as president of the Federal Reserve Bank of San Francisco

"sniff, sniff"...............anyone smell anything???

The complete article here:

http://www.rr.com/news/topic/article...aide_resigning

armedandsafe · 08-06-2010, 12:14 PM

Rats ... Ships ... Yes there is something in the air, indeed.

Pops

Terry_P · 08-06-2010, 01:27 PM

She did such a great job with the economy she is a leading contender. Just listen to Obozo praise himself for the great job he is doing with an unchanged 9.5% unemployment rate. Remember the stimulus was crafted by her and she said if passed it would keep unemployment at 8%. That economic albatross has been hung around the democrats neck and is really starting to stink as each months failed economic growth details become available. The 2010 elections are getting close so someone had to take the bullet. She'll be taken care of after November but during the lame duck session.

kingchip · 08-06-2010, 03:25 PM

Probably hard to swallow when you have spent your whole career promoting Keynesian economics and learn it doesn't work.

armedandsafe · 08-06-2010, 06:47 PM

Quote:

Originally Posted by kingchip

Probably hard to swallow when you have spent your whole career promoting Keynesian economics and learn it doesn't work.

The problem is they won't learn. They will keep trying the same, over and over, just convinced that "THIS time it'll work!"

Hmmmmm What is the definition of insanity?

Pops

Bobitis · 08-06-2010, 07:08 PM

[QUOTE=armedandsafe;660006]

Quote:

Originally Posted by kingchip

Probably hard to swallow when you have spent your whole career promoting Keynesian economics and learn it doesn't work. /QUOTE]

The problem is they won't learn. They will keep trying the same, over and over, just convinced that "THIS time it'll work!"

Hmmmmm What is the definition of insanity?

Pops

Exactly.

When they figure it out, it will be too late.

armedandsafe · 08-06-2010, 08:01 PM

I'm sure there are earlier examples, but didn't we try socialism/central ownership Jamestown (1607-1613) and Plymouth (1620-1623)? It didn't work then, but it took those folks only a few years to recognise that little fact. In the Winter 1609/1610, the Jamestown yields had been so poor the population fell from 500 to 60. That apparently got their attention. They observed, learned and changed.

It is shameful our present electeds are too stupid to learn from history.

Pops

08-06-2010, 08:52 AM	#1
199er Senior Member Join Date: May 2010 Location: Columbia SC Posts: 627	Another White House Resignation Christina Romer, one of President Barack Obama's most pivotal economic advisers, is resigning, a change that comes as the White House struggles to show signs of clear economic gains to a hurting nation. Romer, the head of the Council of Economic Advisers, announced her resignation Thursday, effective Sept. 3. She becomes the second high-level Obama aid to leave this summer, following the resignation of White House Budget Director Peter Orszag. A person close to Romer said she is a top contender to be named president of the Federal Reserve Bank of San Francisco, an appointment that would be made by the regional organization's board of directors. The source spoke on condition of anonymity because a decision has not been made. ............The white House claims we are on the road to recovery but we still have double digit unemployment and Romer, who resigns just happens to be the top contender for the appointment as president of the Federal Reserve Bank of San Francisco "sniff, sniff"...............anyone smell anything??? The complete article here: http://www.rr.com/news/topic/article...aide_resigning -->

08-06-2010, 12:14 PM	#2
armedandsafe Former Guest Join Date: Dec 2002 Location: Moses Lake, WA Posts: 10,344	Re: Another White House Resignation Rats ... Ships ... Yes there is something in the air, indeed. Pops

08-06-2010, 01:27 PM	#3
Terry_P Advanced Senior Member Join Date: Mar 2008 Location: NH Posts: 2,513	Re: Another White House Resignation She did such a great job with the economy she is a leading contender. Just listen to Obozo praise himself for the great job he is doing with an unchanged 9.5% unemployment rate. Remember the stimulus was crafted by her and she said if passed it would keep unemployment at 8%. That economic albatross has been hung around the democrats neck and is really starting to stink as each months failed economic growth details become available. The 2010 elections are getting close so someone had to take the bullet. She'll be taken care of after November but during the lame duck session. __________________ NRA and NAHC Life "Both oligarch and tyrant mistrust the people, and therefore deprive them of their arms." -Aristotle

08-06-2010, 03:25 PM	#4
kingchip Senior Member Join Date: Jul 2009 Location: Marble Falls, Texas Posts: 541	Re: Another White House Resignation Probably hard to swallow when you have spent your whole career promoting Keynesian economics and learn it doesn't work. __________________ "Beware the Prophet seeking profit", Dennis Miller on Algore

08-06-2010, 08:01 PM	#7
armedandsafe Former Guest Join Date: Dec 2002 Location: Moses Lake, WA Posts: 10,344	Re: Another White House Resignation I'm sure there are earlier examples, but didn't we try socialism/central ownership Jamestown (1607-1613) and Plymouth (1620-1623)? It didn't work then, but it took those folks only a few years to recognise that little fact. In the Winter 1609/1610, the Jamestown yields had been so poor the population fell from 500 to 60. That apparently got their attention. They observed, learned and changed. It is shameful our present electeds are too stupid to learn from history. Pops