And Folks Wonder Why I Call Them “The GOP/Media Complex”, Part 123207987
Get a load of this, from an article on Obama and re-regulating the financial industry:
The Obama transition team has failed to bring in aggressive champions of new regulation, critics say. Among those who have not been asked in: Born, Greenberger and Nobel Prize-winning economist Joseph Stiglitz, who was snubbed by the Obama transition despite his prescient warnings in the ’90s that the financial system was out of control (and his early support for the president-elect).
Here’s the reality: Stiglitz was asked by Obama nearly a year ago to be part of his administration, but Stiglitz himself declined (as the Taipei Times and Guardian know but Newsweek apparently does not):
Stiglitz has been approached by Barack Obama as a possible adviser should he reach the White House, although he says, "I’ve gone beyond the age where I would want to be in Washington full time. I would be interested in trying to help shape the bigger picture issues, and in particular the issues associated with America positioning itself in the new global world, and re-establishing the bonds with other countries that have been so damaged by the Bush administration."
Grrrrrr. Oh, and do I have to point out yet again that three of the Obama people tagged as hardcore Rubinites also worked for and/or studied under Joe Stiglitz?