Word: rubins
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Colin Powell may be a hero, but he doesn't bake cookies for foreign leaders like Madeline Albright. He's also not pen pals with Kim Il Jung. Paul O'Neill is no Lloyd Bentsen, or Bob Rubin either. John Ashcroft may hold the perfect beliefs of an Attorney General from 125 years ago, but he will never welcome us to Janet Reno's Dance Party and tell us to "Stop moshing!" In fact, Ashcroft is so conservative that he refused to dance at his own gubernatorial inaugural ball in Missouri. Labor Secretary Chao can see over a podium. Clinton...
Lawrence Lindsey Economic Policy Adviser Gets the wood-paneled office that once housed Bob Rubin, and he'll hope to have as much influence...
...calls the "energy challenge." His main fear is that he will be forced to raise rates--in effect, charge consumers full price--something no politician wants to do. "I'm not raising rates; forget it," he says. He has been talking "almost every day" to former Treasury Secretary Robert Rubin, to assess how the financial markets might react to various bailout scenarios. "People always say I'm dull and boring. Well, that helps during a crisis...
Mathews served as chief of staff at the Treasury Department while Summers was deputy secretary. Summers steadily rose up from the posts of deputy and under secretary until he was handpicked by outgoing Secretary Robert Rubin to be his successor in the spring...
...inflation is so last year. Clinton and Gore, Rubin and Summers, are all leaving. Tech's impregnability is a fading memory. Consumer spending kept us going when the rest of the world was tumbling, and now wallets are closing across the country. President-elect George W. Bush finds that gloom and doom suits him when he's itching for a tax cut, and now the pressure's on Greenspan to get us back on track by spring. If this thing turns into a recession, and he's judged to have been prideful and ignored the warnings when the New Economy...