Monday, December 20, 2010

Followup to the audacity of denying failure

Dear David Plouffe

I am the author of “The audacity of denying failure.”

I’m encouraged by developments since you read it.
Bill Clinton became involved in fiscal matters.
The Treasury Department posted an email address.
There was a summit with business leaders.

I would appreciate if you went through my thoughts starting at

http://wmbrae.blogspot.com/2009_03_01_archive.html
I started politely, but now I am totally exasperated.

In the spirit of human survival, I appeal to you for a strategic reset.


I think you need good people.

Better vetting is needed to assure that the new arrivals can hit the
ground running. The only one who did well has Hilary Clinton. Obama
is the slowest when it comes to understand managing and getting things
done through people. Adequate attention must be paid on the decisions
for the replacements of Gates, Summers and Rouse. (I think Geithner
or Goolsbee should be replaced.) I think you need a Chief Operating
Officer for day to day business– Hilary Clinton or Nancy Pelosi.

I think you need a government soul.

My heroes are Jimmy Carter, Bill Clinton, Hilary Clinton, Eliot
Spitzer, Howard Dean, James Carville, Al Gore. Two of these are not
publicly digestible and two have a weakness for women. Obama has
distanced himself from the ideals of these people.
I like them because they care about main street, and they have scars
for their efforts. Young people and Latinos don’t know about them.
They are not a good political base but they make me feel good. I am
old (63).
I feel that Obama is just the high school girl who is the most popular
and doesn’t want to extend himself if it risks losing popularity.

I think you need to address the economy.

G.W. Bush scared people with the threat of terrorism. People are
genuinely concerned about the economy. Geithner and Bernake don’t
care about the value of the dollar. They treat it as if it was pixels
on a computer screen. In the 70’s my grocery bill increased each week
by $10. I wondered how it would all end. Geithner and Bernake are
taking us there. Geithner has jeopardized the value of houses. It
will soon be common knowledge that Government economic policy is
measured by a rising Dow Jones Index. The reality is that main street
has been deeply burned by the shams on Wall street. There is so
little financial security and such stupidity in the political process
when dealing with the economy.