Comments on: Replacing Summers with a Wall Street millionaire http://blogs.reuters.com/felix-salmon/2011/01/03/replacing-summers-with-a-wall-street-millionaire/ A slice of lime in the soda Tue, 18 Jun 2013 21:59:52 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: FifthDecade http://blogs.reuters.com/felix-salmon/2011/01/03/replacing-summers-with-a-wall-street-millionaire/comment-page-1/#comment-22643 FifthDecade Tue, 04 Jan 2011 02:08:45 +0000 http://blogs.reuters.com/felix-salmon/?p=6778#comment-22643 Well, you could say it is because the Administration 'lacks professionalism' but I think it rather more points to the partisanship of the party in opposition who are showing the world what bad losers Republicans can be by being obstructive at every turn. Of course, it's always possible that because the job has been unfilled for so long that it actually isn't necessary to fill it at all... Well, you could say it is because the Administration ‘lacks professionalism’ but I think it rather more points to the partisanship of the party in opposition who are showing the world what bad losers Republicans can be by being obstructive at every turn.

Of course, it’s always possible that because the job has been unfilled for so long that it actually isn’t necessary to fill it at all…

]]> By: hsvkitty http://blogs.reuters.com/felix-salmon/2011/01/03/replacing-summers-with-a-wall-street-millionaire/comment-page-1/#comment-22642 hsvkitty Tue, 04 Jan 2011 02:07:52 +0000 http://blogs.reuters.com/felix-salmon/?p=6778#comment-22642 "It is very hard to believe that Goldman Sachs wasn’t attempting to buy influence with a politically savvy economist who had good relations — and would later go to work for — the incoming Democratic administration." Why not... influence peddling is legal now isn't it? (see lobbyists et al) “It is very hard to believe that Goldman Sachs wasn’t attempting to buy influence with a politically savvy economist who had good relations — and would later go to work for — the incoming Democratic administration.”

Why not… influence peddling is legal now isn’t it? (see lobbyists et al)

]]> By: LeroyDumonde http://blogs.reuters.com/felix-salmon/2011/01/03/replacing-summers-with-a-wall-street-millionaire/comment-page-1/#comment-22636 LeroyDumonde Mon, 03 Jan 2011 21:46:49 +0000 http://blogs.reuters.com/felix-salmon/?p=6778#comment-22636 At those prices political capture is inevitable. But remember: Paul Krugman, who as far as I know is squeaky clean, was cashing in by giving highly paid speeches to Enron and various banks among others before becoming a columnist (I don't think he does that anymore). Economists really need to bite the bullet and adopt a code of ethics: http://www.nytimes.com/2010/12/31/business/economy/31economists.html As far as I'm concerned, if it looks like a conflict of interest that's because it is. We shouldn't have to wait around for a corpse and smoking gun in somebody's hand to say "Whoa there, your incentives are way out of line my friend". At those prices political capture is inevitable. But remember: Paul Krugman, who as far as I know is squeaky clean, was cashing in by giving highly paid speeches to Enron and various banks among others before becoming a columnist (I don’t think he does that anymore).

Economists really need to bite the bullet and adopt a code of ethics:

http://www.nytimes.com/2010/12/31/busine ss/economy/31economists.html

As far as I’m concerned, if it looks like a conflict of interest that’s because it is. We shouldn’t have to wait around for a corpse and smoking gun in somebody’s hand to say “Whoa there, your incentives are way out of line my friend”.

]]> By: silliness http://blogs.reuters.com/felix-salmon/2011/01/03/replacing-summers-with-a-wall-street-millionaire/comment-page-1/#comment-22631 silliness Mon, 03 Jan 2011 19:43:41 +0000 http://blogs.reuters.com/felix-salmon/?p=6778#comment-22631 In the current poisonous partisan political environment, maybe the only people we can get to work in governmnet are well-paid corporate/political hacks. Honest people need not apply. In the current poisonous partisan political environment, maybe the only people we can get to work in governmnet are well-paid corporate/political hacks. Honest people need not apply.

]]> By: Danny_Black http://blogs.reuters.com/felix-salmon/2011/01/03/replacing-summers-with-a-wall-street-millionaire/comment-page-1/#comment-22627 Danny_Black Mon, 03 Jan 2011 17:28:52 +0000 http://blogs.reuters.com/felix-salmon/?p=6778#comment-22627 American Express hasn't been "Wall Street" since the 80s. American Express hasn’t been “Wall Street” since the 80s.

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