Word: lindsey
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...what is becoming a political war over the economy, Bush's army is filled with pacifists. His chief economist, Larry Lindsey, is a laissez-faire purist who views most government regulation of the marketplace as futile, even harmful. Bush's Veep is mute in public and argues vehemently inside the White House against any overreaction to the recent series of corporate scandals. The Secretary of the Treasury, the gaffe-a-minute Paul O'Neill, was off in Ukraine last week. No matter. Wall Street has not found any solace in O'Neill, a former CEO without a gut feel...
...Bush's distrust of financiers and faith in CEOs determined his economic team. The month before he took office, he told Time that he viewed economists as he did "accountants-you hire them." Bush "hired" Lawrence Lindsey, a former Federal Reserve governor, for the backstage role of national economic adviser. And he chose Glenn Hubbard, an economics professor, as chairman of his Council of Economic Advisers. But for the out-front post of Treasury Secretary, Bush chose the CEO of aluminum giant Alcoa, Paul O'Neill, whose skepticism about investment bankers mirrored...
...doesn't help that Bush's economic advisers don't play well together. Disputes among Lindsey, O'Neill and Hubbard have become so acrimonious that they have begun seeping out of this famously buttoned-up White House. Lindsey can roll his eyes when asked about O'Neill's latest unscripted remark. And according to allies, he has complained that Hubbard's status quo views have persuaded the President to reject as interventionist even modest new policy steps. The President's top economists, says a senior Administration official, "disagree on the analysis before they ever get to the remedies...
...official even used the inevitable "Nixon goes to China" analogy, arguing that executives will be certain to heed the guidance of one of their own. But Bush isn't likely to throw the whole book at corporate executives or board members. Vice President Dick Cheney and economic adviser Larry Lindsey have argued that regulatory over-reaction will put a chilling effect on entrepreneurial activity and keep good people from serving on corporate boards. "We've been dancing on the head of a pin here for two weeks trying to find balance because this is hard to do," says...
...small detective named Len Fenerman. He assigned two uniforms to take my dad into town and have him point out all the places I'd hung out with my friends. The uniforms kept my dad busy in one mall for the whole first day. No one had told Lindsey, who was thirteen and would have been old enough, or Buckley, who was four and would, to be honest, never fully understand...