Thursday, January 6, 2011

William Daley - Obama's Fat Cat Chief of Staff

The Chicago Gang continues to roll!

How odd.  Richard Daley vacates his mayoral seat so that Rahm Emmanuel can run, and then the Mayor's brother gets the Chief of staff gig that Emmanuel vacated. Wow!

It probably makes good sense for Obama though. After all, Wall Street donated more money to the Democrats in the 2008 presidential race than they did to Republicans, and now it's time to start thinking about 2012. With the Presidents approval ratings as low as they are, no one is going to believe in another miracle micro donation bonanza again, so it's time to go crawling back to Wall Street after two years of vilifying them and calling them "Fat Cats".

Yeah, his base will probably howl a little bit
A decision to bring Mr. Daley into the heart of the administration could further annoy Mr. Obama’s liberal base, who frequently accused Mr. Emanuel of encouraging the president to compromise on liberal principles to achieve legislative goals.

Mr. Daley, who was chairman of Vice President Al Gore’s 2000 presidential campaign, helped Mr. Clinton pass the North America Free Trade Agreement, which is blamed by many union workers and liberals for helping to move jobs overseas.

Mr. Daley is also the Midwest chairman of JPMorgan Chase & Co., who also serves as the bank’s head of corporate responsibility. If selected to join the Obama administration, his ties to Wall Street are among the elements of his background that would likely be criticized by left-leaning groups.
 But who cares? What are they going to do? Vote Republican?

This move along with some of the other White House organizational changes is a clear signal that the Kamikaze mission is over, and the name of the game right now is 'getting re-elected'.....for now.
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