Barack Obama appoints William Daley as chief of staff

[edgray]

Recruitment of William Daley, a JP Morgan Chase executive for seven years, lends White House a more business-friendly face

Barack Obama has begun an overhaul of his inner circle, lending the White House a more business-friendly face with the appointment of an outsider banker, William Daley, as his chief of staff.

Daley continues the heavy Chicago bent of Obama's White House. He is a son of the legendary Chicago mayor Richard Daley and brother of the city's outgoing mayor, also named Richard. But he marks a departure for the president after two years in office by dint of his considerable Wall Street experience.

The new chief of staff has for the past seven years been a senior executive at JP Morgan Chase, and before that worked for a hedge fund and in telecoms. He straddles the business-politics divide, having been Bill Clinton's commerce secretary for three years from 1997 and managed Al Gore's failed run for the presidency in 2000.

Daley's appointment was seen as a signal of Obama's intention to change political tack after receiving a drubbing in the midterm elections in November. The president now faces a resurgent Republican party which on Wednesday took control of the House of Representatives.

http://www.guardian.co.uk/world/2011/jan/06/obama-william-daley-chief-staff

The differences between the way the two parties operate is negligible. This is the same nonsense that lead to the bank bailout in Bush's final year.

How can you ever have a democracy with non-elected vested interests being put in such positions of power? How is that representing the people?

 

[TommyTooter]

nyuk-nyuk.

i grew up under the administration of dick daley the elder in a time of great prosperity and expansion. we knew that politics was a dirty game; that people made more money than they should and sometimes got snuffed. but hey, nobody goes on strike, the holes in the street get fixed, the garbage even got picked up as soon as the streets got plowed after it snowed.

we were going to build cities under the ocean and in outer space, so what the heck? they want to do a necessary job and as long as we the people are satisfied with the results, why deny them the suitcases full of cash and the wet workers?

it is only since the bush-cheney-harriman group and their supporters of the rockefeller-rothschild cartel have taken over the reins of government (as warned by ike and others) through the coups of 1963 and 1974, that the results have been so horrifying to the lower classes.

maybe a little good old-fashioned chicago clout is what it will take for obama to fulfill some of those promises for change he hasn't kept.