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In fact, 7 of 9 appointees study identified as jobs-related have private sector experience. The study Gingrich cited, which was promoted by the American Enterprise Institute, was authored by Michael Cembalest, chief investment officer for J.P. Morgan Private Bank, who examined the private sector experience of "secretaries of State, Commerce, Treasury, Agriculture, Interior, Labor, Transportation, Energy, and Housing & Urban Development" for several administrations. After Fox News host Glenn Beck stated that "Under 10 percent of [Obama's] appointees have any experience in the private sector," PolitiFact.com called the claim "False," noting that Cembalest said he "discount[ed] the corporate experience of the three lawyers we identified -- Clinton, Vilsack and Locke -- and added that he awarded nothing for Donovan, Chu or Salazar, even though we found they had a fair amount private sector experience": In Obama's Cabinet, at least three of the nine posts that Cembalest and Beck cite -- a full one-third -- are occupied by appointees who, by our reading of their bios, had significant corporate or business experience. Shaun Donovan, Obama's secretary of Housing and Urban Development, served as managing director of Prudential Mortgage Capital Co., where he oversaw its investments in affordable housing loans. Energy Secretary Steven Chu headed the electronics research lab at one of America's storied corporate research-and-development facilities, AT&T Bell Laboratories, where his work won a Nobel Prize for physics. And Interior Secretary Ken Salazar, in addition to serving as Colorado attorney general and a U.S. senator, has been a partner in his family's farm for decades and, with his wife, owned and operated a Dairy Queen and radio stations in his home state of Colorado. Three other Obama appointees had legal experience in the private sector. Secretary of State Hillary Rodham Clinton, Agriculture Secretary Tom Vilsack and Commerce Secretary Gary Locke spent part of their careers working as lawyers in private practice. Clinton and Vilsack worked as private-sector lawyers at the beginning of their careers, while Locke joined an international law firm, Davis Wright Tremaine LLP, after serving as governor of Washington state. At the firm, Locke "co-chaired the firm's China practice" and "helped U.S. companies break into international markets," according to his official biography. That sounds like real private sector experience to us. Finally, Treasury Secretary Timothy Geithner worked for Kissinger Associates, a consulting firm that advises international corporations on political and economic conditions overseas. The occupants of the two remaining Cabinet posts cited in the chart do not appear to have had significant private-sector experience: Labor Secretary Hilda Solis and Transportation Secretary Ray LaHood. Obama's Cabinet has even more private-sector experience if you go beyond the nine. Two of the Obama appointees could be considered entrepreneurs -- the very people Beck would "unleash." Vice President Joe Biden, officially a Cabinet member, founded his own law firm, Biden and Walsh, early in his career, and it still exists in a later incarnation, Monzack Mersky McLaughlin and Browder, P.A. (The future vice president also supplemented his income by managing properties, including a neighborhood swimming pool.) And Office of Management and Budget director Peter Orszag founded an economic consulting firm called Sebago Associates that was later bought out by a larger firm. It's also worth noting that if you examine a larger group of senior Obama administration appointees, you'll find that more than one in four have experience as business executives, according to a June study by National Journal. That compared with the 38 percent the magazine found eight years earlier at the start of George W. Bush's administration. That's at least three times higher than the level claimed by Beck. Author of study "acknowledged fault in missing Salazar's business background." PolitiFact noted that "Cembalest acknowledged fault in missing Salazar's business background, saying he would have given him a full point if he had it to do over again" and that he "said any effort to address the topic is heavily subjective, and he expressed regret that his work had been used for political ends, saying that it was not his intention to provide fodder for bloggers and talk show hosts." Chart accompanying study was circulated by conservative blogs. In a November 24 Forbes.com article about his study, Cembalest included a chart which compared the Obama administration's "Prior Private Sector Experience" to the appointees of presidents. After the chart was featured by Nick Schulz on the American Enterprise Institute's blog, it was picked up by numerous other prominent conservative blogs, including National Review Online's The Corner, The Washington Examiner's blog, Outside the Beltway, Big Government, Reason's Hit & Run, and the blog of House Republican Leader John Boehner. After posting Cembalest's graph, The Volokh Conspiracy "decided to take it down." Law professor Kenneth Anderson wrote in a December 2 update to a Volokh Conspiracy blog post: "After discussions with the person who created the chart, I've decided to take it down and the rest of my commentary as well. He tells me that he has had a chance to re-think the whole thing, and thinks it was a big mistake to try and quantify with a graph things -- in this case, what constitutes private sector experience -- that are inherently subjective."
Originally posted by jerico65
Originally posted by MessOnTheFED!
So in other words almost all of them have been doing whatever the government has told them all of their lives. Sounds a little bit fishy.
It's called being a "professional politician". All they do is go from one political job to another and rape the US public of money.
Originally posted by kenochs
Like most things Beck reports this is a complete and total fabrication.
mediamatters.org...
And then, POW!!! Along, come the real ATS'ers with FACTS and RESEARCH
Originally posted by wtfhuh
And then, POW!!! Along, come the real ATS'ers with FACTS and RESEARCH
That why this site needs a "digg down" or "redit down" for posts AND comments, ATS's system is outdated when a chain email from a moron gets headlined.
Originally posted by hangedman13
reply to post by GeechQuestInfo
It actually is more 50/50. But currently we have only 8% who worked in the private sector. How can anyone not familiar with the private sector come up with a practical plan to create jobs for it? Idealism is fine and dandy if you have something or someone to inject a little common sense to the mix. I think a few more people from working class may help temper the ideas with reality.
Originally posted by Artephius Abraxas Helios
Wow, don't you just hate it when your Obama bashing thread blows up in your face because you failed to do any research before posting!?! I mean, here you were, all set to spread lies and disinfo, straight from the mouth of Glen Beck.
Originally posted by Akkadian
Originally posted by hangedman13
reply to post by GeechQuestInfo
It actually is more 50/50. But currently we have only 8% who worked in the private sector. How can anyone not familiar with the private sector come up with a practical plan to create jobs for it? Idealism is fine and dandy if you have something or someone to inject a little common sense to the mix. I think a few more people from working class may help temper the ideas with reality.
Actually, this makes sense. You asked, "How can anyone not familiar with the private sector come up with a practical plan to create jobs for it?" The thing is there is no practical plan to create private sector jobs. The plan is to create Government jobs. Typical socialism dictates that: (Webster's Dictionary)
1 : any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
2 a : a system of society or group living in which there is no private property b : a system or condition of society in which the means of production are owned and controlled by the state
3 : a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done
Zero percent of the government Job market has been hit. 100 percent of the private sector has been hit. As of august, 110,00 Jobs have been created..... the catch...their state and local government positions. (Nelson A. Rockefeller Institute of Government)
"Being a true conservative doesn't mean supporting the republican party, it means you want you less government in your life" -me
Originally posted by Axial Leader
Only 8% of Obama's staff has served in the public sector. I disagree that this is a bad thing.
It takes a certain attitude of service to be a government worker, and you don't necessarily find that in capitalist driven business.
[edit on 18-12-2009 by Axial Leader]
Originally posted by seethelight
Originally posted by Akkadian
Originally posted by hangedman13
reply to post by GeechQuestInfo
It actually is more 50/50. But currently we have only 8% who worked in the private sector. How can anyone not familiar with the private sector come up with a practical plan to create jobs for it? Idealism is fine and dandy if you have something or someone to inject a little common sense to the mix. I think a few more people from working class may help temper the ideas with reality.
Actually, this makes sense. You asked, "How can anyone not familiar with the private sector come up with a practical plan to create jobs for it?" The thing is there is no practical plan to create private sector jobs. The plan is to create Government jobs. Typical socialism dictates that: (Webster's Dictionary)
1 : any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
2 a : a system of society or group living in which there is no private property b : a system or condition of society in which the means of production are owned and controlled by the state
3 : a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done
Zero percent of the government Job market has been hit. 100 percent of the private sector has been hit. As of august, 110,00 Jobs have been created..... the catch...their state and local government positions. (Nelson A. Rockefeller Institute of Government)
"Being a true conservative doesn't mean supporting the republican party, it means you want you less government in your life" -me
I'm pretty sure some of the jobs saved by bailing out the banks were not marxist banker jobs.
Originally posted by Akkadian
Originally posted by Axial Leader
Only 8% of Obama's staff has served in the public sector. I disagree that this is a bad thing.
It takes a certain attitude of service to be a government worker, and you don't necessarily find that in capitalist driven business.
[edit on 18-12-2009 by Axial Leader]
..this may be a generalization but do you understand that the attitude is not a good thing. As a government employee there is no risk of loss. You can't be fired, only moved around. Until you become GG-13/GS-13 your not judged based on performance or accomplishment (hmmm sounds like the president.) Lastly their lazy. I have been on both sides, contractor and Government. There is no doubt in my mind that private sector experience is a necessity for an executive roll.
Originally posted by Akkadian
Of course you think since I am against Obama and his socialist agenda that I am for Bush. You would be mistaken my friend. I believe Bush was a great president....