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Treasury Secretary Is Likely to Leave Soon (Phil Gramm on short list)

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Rose Siding Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-05-04 11:06 PM
Original message
Treasury Secretary Is Likely to Leave Soon (Phil Gramm on short list)
Edited on Sun Dec-05-04 11:11 PM by Rose Siding
WASHINGTON, Dec. 5 - President Bush has decided to replace John W. Snow as treasury secretary and has been looking closely at a number of possible replacements, including the White House chief of staff, Andrew H. Card Jr., Republicans with ties to the White House say.
....
Treasury secretary is a high-profile job, and one likely to be especially prominent in the next few years if Mr. Bush makes good on his pledge to press for big changes to Social Security and a rethinking of the tax code.

The White House has announced plans for an economic forum on Dec. 15 and 16 in Washington to focus attention on the president's second-term agenda, and administration officials have made no secret of their belief that they need a reconstituted economic team to sell Mr. Bush's plan on Capitol Hill and to voters.

Conservative interest groups and some other Republicans in Washington have been pressing the White House to consider Phil Gramm, the former Republican senator from Texas who was an economics professor before getting into politics.

The adviser to the White House said Mr. Gramm was under consideration, but that the prospects of him getting the job were unclear. Mr. Gramm is currently an executive with UBS, a securities firm.

http://nytimes.com/2004/12/06/politics/06cabinet.html
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The Velveteen Ocelot Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-05-04 11:10 PM
Response to Original message
1. WTF? Does the Chimperor think Snow is too *liberal*?
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latteromden Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-05-04 11:10 PM
Response to Original message
2. That'll make NINE, won't it?! (n/t)
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Pirate Smile Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-05-04 11:18 PM
Response to Reply #2
3. I think it makes ten. They reported on MSNBC last week that
nine have said they are leaving BushCo.

They said seven each left Reagan and Clinton.

Today(before Snow), they reported that this is the largest number of cabinet heads leaving in over 100 years.
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Rose Siding Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-05-04 11:28 PM
Response to Reply #3
5. Does that include Mineta?
This article says he's on the way out too.
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The Velveteen Ocelot Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-05-04 11:33 PM
Response to Reply #5
6. I'm surprised Mineta lasted this long.
After all, he's a Democrat. (Will the next Secretary of Transportation *require* everyone to buy SUVs to encourage more gasoline consumption? Look for an oil industry guy for this job...)
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Ilsa Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-05-04 11:27 PM
Response to Original message
4. Phil Gramm, what a prick.
I heard that even his right-wing students at TAMU hated his guts when he was a professor there.

And Wendy "ENRON" Gramm needs to be in jail for not doing diddly with the Board's Audit Committee.
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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-05-04 11:36 PM
Response to Reply #4
8. Gramm will be a publicity disaster for Bush.
It will reopen all that Enron buiness. I bet that newsmen have files on Gramm and once he stepped out of politics, they had to retire them. Now they can dust them off and get at the old gizzer.
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seasat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 08:39 AM
Response to Reply #4
11. Both Gramms deregulated energy derivatives.
Wendy did it three weeks before she joined Enron and Phil pass legislation further deregulating them. I'd e-mail everyone of my US legislators to oppose that idiot being at the helm.
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Ilsa Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 10:58 AM
Response to Reply #11
17. I had forgotten about that.
It was a conflict of interest that never really saw the light of dayy (like so many of the Bush-Cheney conflicts, misdeeds, and felonies.
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Barrett808 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 03:48 PM
Response to Reply #11
21. Yes, Wendy Gramm should be in the dock with Ken Lay
And so should Pug Winokur.
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Straight Shooter Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-05-04 11:35 PM
Response to Original message
7. Phil Gramm, that insufferable f*cker
No member of Congress played a more decisive role in launching the Reagan agenda.

""He's always willing to rise above principle. He's got every quality of a dog except loyalty." -- Dave McNeely, political columnist for the Austin, Texas American-Statesman

I remember him from my days of living in Texas. An involuntary shudder ran up my spine when I saw his name again. Looks like his past bootlickin' days are payin' off, and he can now lick even more boots. Apparently he's learned that it pays to be loyal to incompetence.

http://www.realchange.org/gramm.htm

Draft dodger, S&L scandal, illegal campaign contributions. Yep, he'll fit right in.

bush chooses, America loses.
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TwentyFive Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 01:46 AM
Response to Original message
9. Shouldn't Phil Gramm be arrested for something?
Didn't he run somebody over with his car? Oh no, that was the other Texan, Laura Bush.
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0007 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 02:40 PM
Response to Reply #9
19. Phil's wife, Windy, worked as the bookkeeper for Enron
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Barrett808 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 03:50 PM
Response to Reply #19
22. She was on the Board of Directors - on the audit committee, no less n/t
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Bouncy Ball Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 02:13 AM
Response to Original message
10. Phil Gramm
is a total fucking bastard. I've got reason to know.

On a random note, he once described himself as quite an unattractive person, physically: "I look like a turtle without its shell."

Yes, that would be pretty damn accurate. And a missing heart, too.

Oh and he's an idiot, to boot. He'll fit right in.
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Habibi Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 09:07 AM
Response to Original message
12. Bet the replacement will be Card
who's been "at the president's side nearly every working minute for the last four years." Another layer between Bush and reality (read dissent). Another person to unquestioningly push his radical agenda. What qualifications does Card have? Doesn't matter: he's loyal.
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snippy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 10:12 AM
Response to Reply #12
15. Card probably is a good bet. I don't think Gramm is sufficiently
sycophantic to satisfy Bush. Gramm also would be likely to argue against bankrupting the country which would just irritate Bush.
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wicket Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 09:14 AM
Response to Original message
13. Phil Gramm????
Ewwwwwwwwww!!! :puke:
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 09:17 AM
Response to Reply #13
14. "You know he has a PhD in economics"
That is the line I got from my stepfather when Gramm was still on the Hill. He threw in that the only other PhD on the Hill was Dick Armey.

My response"So what he still doesn't know what the hell his talking about. He fits his economic assessment to meet his politic philosophy"
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Blue_Tires Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 10:38 AM
Response to Original message
16. oh lord
he had to go dig up that 'blast fromt he past'....this country is dead to me now
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0007 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 02:38 PM
Response to Original message
18. That would be right up Phil's alley. Maybe he can bring Windy
along too. They got good training under the direction of Kenneth Lay. The rip off master.
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Zorra Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 02:50 PM
Response to Original message
20. Gramm is the perfect choice for Bu$h's planned "Enronization" of
Social Security.
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rainbow4321 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 04:11 PM
Response to Original message
23. Do a Google on Gramm and Enron...
Edited on Mon Dec-06-04 04:13 PM by rainbow4321
is shrub TRYING to implode?? Gramm and his wife Wendy have a LONG not-so-good history in Texas. Well, hell, shrub may do more damage to himself than we could in the entire next 4 years. Go for it, chimp.

http://www.alternet.org/story/12155

Shortly after taking office, President Bush waged a battle against the imposition of federal price controls in California that allowed Enron to price-gouge consumers by extending the energy crisis in California, costing the state billions of dollars. Enron reported increased revenues of almost $70 billion from the previous year.

Bush also resisted attempts to crack down on Enron's utilization of its 847 offshore subsidiaries in countries with lax banking-regulation laws. The consumer-rights watchdog organization Public Citizen alleges that some of these offshore havens helped Enron defraud its stockholders.

Moreover, while Sen. Gramm was working the Congress to pass legislation favorable to Enron (and collecting nearly $260,000 in campaign contributions from the company), his wife Wendy Gramm first was chairperson of a regulatory committee overseeing Enron's business activities and later a paid member of that company's board of directors. Enron paid her between $915,000 and $1.85 million, according Public Citizen. Sen. Gramm has announced his decision not to seek reelection for another term in the senate.

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Malikshah Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 04:17 PM
Response to Original message
24. Didn't he stop Clinton from freezing assets
Edited on Mon Dec-06-04 04:19 PM by Malikshah
of various organizations linked to terror?

I remember reading of this a while back...Gramm was on Banking committee etc. and when the US tried to freeze assets after 1993....Gramm made sure that the banking interests didn't get hurt.

Anyone remember this?

It would be useful to bring up in the media if so. (Not that they would, mind you, but wouldn't it be nice if WE knew here...;))

OK-- it was for drug-laundering, not terrorists...or is there a link...:)

http://www.chron.com/cs/CDA/ssistory.mpl/special/terror/response/1060579
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 05:38 PM
Response to Original message
25. Is that Phil M.F. (my friend) Gramm?
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KamaAina Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 06:46 PM
Response to Original message
26. He's the scary thing about Gramm:
He used to be -- are you ready for this? -- a Democrat. He revealed his true repuke nature shortly after St. Raygun ascended to power.

On a scale of one to ten on the Zell-O-Meter (TM), Gramm rates about an eleven.
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WhiteTara Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 09:16 PM
Response to Original message
27. I'm so happy to see * wants only the best thief to
stand guard over our money!  Who hee ya'll this is gonna be a
hell of a ride!
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Yo_Mama_Been_Loggin Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 09:47 PM
Response to Original message
28. Another Texas Shithead
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