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Budget Director Calls It Quits

Posted on Jun 22, 2010
White House / Pete Souza

Peter Orszag is resigning his Cabinet-level position and possibly heading to the relative calm of a think tank. Orszag decided to leave before work on the next budget starts in earnest. A successor is likely to be promoted from within the administration.

In these dire economic times, Orszag’s job was viewed as highly stressful, and his departure hasn’t met with much shock in the press.

Politico:

White House budget director Peter Orszag plans to leave government in July, becoming the first member of President Barack Obama’s Cabinet to depart, administration officials said Monday. Orszag is likely to join a think tank, colleagues said.

Presidential advisers say a possible successor as director of the Office of Management and Budget is Rob Nabors, who was Orszag’s deputy and went over to the Chief of Staff’s office to be a senior adviser to Rahm Emanuel. Nabors now he attends the 7:30 a.m. senior staff meeting and insiders say his stock never dropped, but only gained in value.

Two other possible replacements each served as chief economic adviser to President Bill Clinton: Laura D’Andrea Tyson of the University of California at Berkeley, named by Obama as a member of the President’s Economic Recovery Advisory Board; and Gene Sperling, now a counselor to Treasury Secretary Tim Geithner.

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By samosamo, June 23, 2010 at 2:16 pm Link to this comment

****************


“”“Presidential advisers say a possible successor as director of
the Office of Management and Budget is Rob Nabors, who was
Orszag’s deputy and went over to the Chief of Staff’s office to
be a senior adviser to Rahm Emanuel. Nabors now he attends
the 7:30 a.m. senior staff meeting and insiders say his stock
never dropped, but only gained in value.

Two other possible replacements each served as chief
economic adviser to President Bill Clinton: Laura D’Andrea
Tyson of the University of California at Berkeley, named by
Obama as a member of the President’s Economic Recovery
Advisory Board; and Gene Sperling, now a counselor to
Treasury Secretary Tim Geithner.”“”
******************
Damn, isn’t o capable of ending the insanity of using the same
people who have done more to contribute to the prevailing
crises from previous administrations, hoping for better or
different results that might favor the people of this nation
instead of the continual refilling of the slop bucket for the few
who benefit the most? Not to mention a timmy geithner clone
to ‘maintain’ contact with timmy and benanke and
goldmansucks, and whoever else is a key pivot man in the
financial circle jerk.

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By ted, June 22, 2010 at 4:26 pm Link to this comment
(Unregistered commenter)

Good riddance to this weirdo.  Why does Obama surround himself with these behaviorist kooks?  Most economists are actually follow some kind of psychological theory, most of Obama’s believe in the “science of human behavior.”  Ha, ha, ha, ha.

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