Quote:
Originally Posted by Dean
Former Federal Reserve Chairman Paul Volcker endorsed him and is rumored to be advising him in some capacity.
Volker is a pretty damn sharp guy when it comes to economics.
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Really? Can't believe I missed that endorsement. Interesting. I remember Volker. He was the Fed, Chairman through most of the Reagan years. I think he was originally appointed by Carter though.
Ah... here's an article:
http://blogs.wsj.com/washwire/2008/0...obama-backers/
“After 30 years in government, serving under five Presidents of both parties and chairing two non-partisan commissions on the Public Service, I have been reluctant to engage in political campaigns. The time has come to overcome that reluctance,” Volcker, a Democrat, said in a statement today. “However, it is not the current turmoil in markets or the economic uncertainties that have impelled my decision. Rather, it is the breadth and depth of challenges that face our nation at home and abroad. Those challenges demand a new leadership and a fresh approach... It is only Barack Obama, in his person, in his ideas, in his ability to understand and to articulate both our needs and our hopes that provide the potential for strong and fresh leadership. That leadership must begin here in America but it can also restore needed confidence in our vision, our strength, and our purposes right around the world.”