While skies darken on that side of the globe, let's try to focus on bright spots on on this side of the globe. For example, let's try hard to ignore yet another Goldman Sachs (vice chairman of the board) being named to an important Federal Govt. post in the State Dept. namely, undersecretary of state for economic, energy and agricultural affairs. [link]
Surprised? Then maybe you didn't see it coming when this article came out back in March 2009. In writing, we call this "foreshadowing."
Mr. Hormats has been a visiting lecturer at Princeton University and is a member of the Board of Visitors of the Fletcher School of Law and Diplomacy and the Dean's Council of the John F. Kennedy School of Government at Harvard University.
Mr. Hormats' publications include;
- Abraham Lincoln and the Global Economy
- American Albatross: The Foreign Debt Dilemma
- Reforming the International Monetary System: From Roosevelt to Reagan
- The Price of Liberty: Paying for America's Wars from the Revolution to the War on Terror
Mr. Hormats earned a B.A. from Tufts University with a concentration in economics and political science; an M.A. and a Ph.D. in international economics from the Fletcher School of Law and Diplomacy.
He is also;
Trustee, vice chairman of the Economic Club of New York, although I'm wondering if, with his new State Dept. appointment, he will have to step down? After all, they claim to be:
...nonpolitical, nonpartisan and nonprofit. Its membership (individual, not corporate) of about 700 is drawn primarily from the senior leadership ranks of the business and financial communities and the associated professions. Its individual members represent a wide diversity of opinion. [link]Trustee of Freedom House, yet another he might have to step down from?
Freedom House, a non-profit, nonpartisan organization, is a clear voice for democracy and freedom around the world. Through a vast array of international programs and publications, Freedom House is working to advance the remarkable worldwide expansion of political and economic freedom. [link]
And finally...
He is a council member of Securing America's Future Energy (SAFE), a group that spent a massive amount of lobbying money ($715,000 per the "Open Secrets" website) in 2007 and 2008, while the years prior and after they've spent next to nothing by comparison. I'm guessing they got what they wanted??
It's kind of strange that SAFE submitted a plan back in Sept/08 to dramatically change the transportation industry (the transformation of our transportation sector from one dependent on petroleum to one largely powered by electricity), while at the same time, one of their co-chair members, namely John F. Lehman, was a fundraiser for the John McCain camp whose slogan "Drill, Baby, Drill" still rings out in some sectors today.
But let's not speculate. (pun intended)
His past relationships include;
- National Security Council - senior staff member
- Pacific Council on International Policy - director
- Rockefeller Center Club - member
- U.S. Department of State - assistant secretary
THE BOTTOM LINE: It would appear that the incestuous relationship between GS and Big Gov is alive and doing well. At this rate, there will be more Goldman Sachs and Google execs in our Government than Democrats... hahaha, my bad. It's a total eclipse of our Government, wouldn't you agree?
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