Word: strategist
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Although the campaign's statement announcing Penn's departure as chief strategist suggested he would continue to give advice to her effort, it is impossible to overstate how fundamental a change this represents in Clinton's campaign. Penn has had almost full autonomy to make major decisions involving what the candidate says, where she goes, and what gets conveyed in her advertisements. Even as many in the campaign had turned sour on Penn, he reportedly enjoyed the confidence of both Hillary and Bill Clinton. Indeed, he survived a fierce barrage of criticism in January after she came in third...
Mark Penn, the strategist with near-total control over Hillary Clinton's campaign message and strategy since its inception, gave up his senior role under pressure, her campaign announced on Sunday night. The stunning announcement came after it was revealed Friday that Penn, in his capacity as worldwide CEO of the lobbying firm Burson-Marsteller, had held discussions with officials from Colombia on a bilateral free-trade agreement. Clinton has said she is against such a pact. While campaigning for the Ohio primary, Clinton had assailed Barack Obama's campaign for what she said was its tacit collusion with Canada...
...campaign statement simply said, ""After the events of the last few days, Mark Penn has asked to give up his role as Chief Strategist of the Clinton Campaign." It said that long-time Democratic pollster Geoff Garin and Clinton's communications director Howard Wolfson would share Penn's role...
...than 10 points. As McCain discovered in Michigan, not too many workers want to hear there's little hope of getting their old jobs back. "If there aren't major policy differences, it's about perceptions, it's about who is feels your pain," said Greg Valliere, chief political strategist at Stanford Washington Research Group, which tracks economic policy issues. "Hillary is slightly better; she appeals to beer drinkers, Obama appeals to chardonnay drinkers." And so far, at least, her prescription for job growth has proven much easier to swallow...
...probably shouldn't worry too much about bread lines and Hoovervilles in the near future. But the money supply is a blunt instrument, one that comes nowhere near addressing all of today's problems. "The issue is not one of liquidity but one of solvency," says Richard McGuire, a strategist at RBC Capital Markets in London. "It's not the cost of money but the unwillingness of banks to lend to one another owing to uncertainties ... that is the root of the credit crunch." That is, the Fed can drive down interest rates all it wants, but if lenders...