Word: chairwoman
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Barack Obama's appointment of Berkeley professor Christina D. Romer as chairwoman of the Council of Economic Advisors is consistent with this orientation, as she is an expert on the Great Depression and may lend support to the unwarranted focus on the Depression. Indeed, Romer has supported the Fed's current monetary policy because she sees parallels with earlier financial panics. (See who's in President-elect Obama's White House...
Auto dealers are putting out their own message of distress. Annette Sykora, chairwoman of the National Automobile Dealers Association, said that with each passing day, more dealerships are closing and more people are losing their jobs. "We've heard encouraging words from the White House, but time is of the essence," Sykora announced in a written statement on Wednesday. This year alone, 900 dealerships out of 19,700 are expected to close. (See pictures of the most important cars of all time...
...little is likely to be done inside the Beltway - Federal Deposit Insurance Corporation chairwoman Sheila Bair is still pushing for a homeowner-relief plan - local leaders are looking for makeshift solutions at the grass roots. One notion is to let cities use NSP money to leverage lenders into helping more borrowers avoid foreclosure. Since lender banks naturally want foreclosed properties taken off their hands in the NSP buyout - and since reckless and even predatory lending was so often at play in the subprime mess - perhaps they in return ought to be required to show some level of commitment to homeowner...
When the law governing marijuana goes into effect in November or December, people will not be arrested for the possession of small quantities of marijuana, said Whitney Taylor, the chairwoman of the Committee for Sensible Marijuana Policy, an advocacy group that supports decriminalization...
...Bush, Katherine Harris, who oversaw the 2000 recount. Harris, Florida's last elected secretary of state, had no elections expertise and looked all but clueless when the chads hit the fan. Worse, her pledge of impartiality seemed laughable given that she was the George W. Bush campaign's Florida chairwoman. Browning, who like Crist has proved to be a more bipartisan operator than his predecessors, spent 26 years as a county elections supervisor, was president of Florida's Association of Elections Supervisors and was one of the state's point persons for the federal Help America Vote...