James McPherson's Media & Politics Blog

Observations of a patriotic progressive historian, media critic & former journalist


  • By the author of The Conservative Resurgence and the Press: The Media’s Role in the Rise of the Right and of Journalism at the End of the American Century, 1965-Present. A former journalist with a Ph.D. in journalism, history and political science, McPherson is a past president of the American Journalism Historians Association and a board member for the Northwest Alliance for Responsible Media.

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Posts Tagged ‘Timothy Geithner’

Gregg not sold on Commerce; public not stimulated by discussion, anyway

Posted by James McPherson on February 13, 2009

Apparently Senator Judd Gregg finally got around to watching some of Barack Obama’s old speeches on YouTube, and suddenly realized, “Hey, he’s not a Republican–how did he get elected president?” Gregg then promptly withdrew his nomination as Commerce secretary. It’s just as well–apparently Obama hadn’t yet gotten around to reading that Gregg once voted to abolish the very department he would have been leading as the third Republican member of Obama’s cabinet.

Gregg is the second nominee, after Bill Richardson, to accept and then reject the commerce position. Tax problems have derailed nominees for two other positions. Yet while embarrassing–prompting Obama’s unnecessary “I screwed up” statement–the missteps will matter little in the long run. For one thing, people don’t really care about cabinet positions even under the best of conditions.

And these are far from the best of conditions, of course. People care far more about is the economy, and with Congress about to passa stimulus bill today, Obama again proved successful on that front. The success or failure of the stimulus plan will have a far bigger effect on the chances of re-election for the president and his fellow Democrats than does any flap over cabinet nominees.

If you need an illustration of how little they matter, ask the people sitting next to how many of Obama’s picks they can name. I’d be surprised if they get three, even counting Timothy Geithner and Hillary Clinton. And for the record, a dozen cabinet nominees have already been confirmed.

In the meantime, Alexander Zaitchik of Alternet has joined the list of people and publications asking why Howard Dean, the guy perhaps most responsible for Obama reaching the White House, hasn’t been tabbed for a cabinet post. Good question, especially with that Health and Human Services position still open.

Thursday update: While Dean is forced to turn to the Huffington Post to get someone to listen to him about health care, it appears that Obama has decided on Kansas Gov. Kathleen Sebelius for HHS chief. She’s not the best choice but probably not a bad one, assuming she pays her taxes.

Posted in Politics, Written elsewhere | Tagged: , , , , , , , , , | 3 Comments »

Daschle and Killefer tax patience with Obama selection process

Posted by James McPherson on February 3, 2009

Citing the age-old excuse that the fight for his confirmation would be “a distraction,” Tom Daschle has “withdrawn” from consideration as secretary of Health and Human Services. Daschle became the second Barack Obama nominee to jump ship in a matter of hours. The first, chief performance officer nominee Nancy Killefer withdrew earlier today, citing unspecified tax issues and, of course, the potential “distraction” issue.

I’m inclined to agree with my Republican friends who see irony in the fact that so many Dems have so many people providing “personal services” for them, and seem to have more trouble paying their own taxes than raising the taxes of others (Treasury Secretary Timothy Geithner, you’ll remember, was approved despite his own tax problems). I agree with most progressives that the tax rate should be higher than it is, and that a far lower percentage of it should go to military contracts and no-bid contracts, but Barack, in case you’re looking for help in your administration, I pay my taxes and have never had a nanny, driver or gardener.

Of course a better choice, would be Howard Dean, as I wrote a few days ago.

Same day update #1: I had missed this earlier, but Daschle’s withdrawal probably became inevitable after the New York Times editorialized yesterday that he should do so.

Same day update #2: Obama admits he “screwed up” by selecting Daschle. If he doesn’t choose Dean, in my view he’ll probably be screwing up again.

Posted in Politics, Written elsewhere | Tagged: , , , , , , , , , | 8 Comments »

Obama the conservative, America’s decline, and stock market yo-yo

Posted by James McPherson on November 21, 2008

Though only compulsive gamblers, business junkies and the masochists are following the day-to-day fluctuations of the stock market, those fluctuations have reminded us that the market sometimes seemingly jumps or dives for little apparent reason. A stray comment from the Fed chairman is enough to make the Dow act like a kid’s kite encountering wind shear.

Today CNN reports that today’s gains came apparently as a result of reports “that President-elect Barack Obama will nominate New York Federal Bank president Timothy Geithner as his new Treasury Secretary.” I don’t know anything about Geithner, and I’m increasingly convinced that no one knows much about the economy. But the suggestion that Obama’s possible actions can help the market do give some support to my earlier contention that his election might save the country from economic collapse.

On the other hand, seeing the conservative (even neoconservative) nature of Obama’s possible appointments–including, apparently, Hillary Clinton–I’m more inclined to see his presidency as another step in the decline of America’s power–not because he’s a Muslim, a Communist or a New Dealer, but because at heart he’s a conservative. For their part, Asians won’t be surprised by the power shift.

Monday update: Geithner is the guy–or one of them–and the market continues to boom under Obamamania. No one knows how long it will last. Probably just long enough for me to shift more of my retirement funds back to stocks.

Posted in Journalism, Politics, Written elsewhere | Tagged: , , , , , , , , , , | 5 Comments »