Obama speaks, I listen
Obama appeared on 60 Minutes last night. I'm probably the youngest regular viewer by a couple decades but it's a great way to wind down the weekend. I expected Obama to stick to the script his staff put together for him and he did. but what is amazing about Obama, unlike Bush, is his ability to connect with people through speech. He proves it time and time again that he is one of the best orators of our time.
He didn't sugar coat the economic problems we face and his comments about the vetting process were spot on. It has become more about finding any scandalous detail from someone's past instead of determining if they can do a good job. It's no longer an interview process and more of a petty, drag you through the mud process. Smart, very qualified bankers, business men/women, hedge fund managers who could probably help more than anyone else are turning down very prestigious jobs in Obama's administration because they don't want to go through the scrutiny of the vetting process. It's not the massive pay cuts, it's not that they don't want to help fix the financial apocalypse; It's standing in front of congress that they don't want to go through...let's get over it and let the people that actually know something about how the markets function help.
It's long but interesting...Obama discusses AIG in Part 3.
Part 1
Part 2
Part 3
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