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AIG director named to Obama tax task force (why, she asks?)

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ensho Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-29-09 11:21 AM
Original message
AIG director named to Obama tax task force (why, she asks?)

http://www.cnn.com/2009/POLITICS/03/27/aig.taskforce/index.html


One of the people named this week to President Obama's new Task Force on Tax Reform is a member of the AIG board of directors.

Martin Feldstein, a professor of economics at Harvard University, has been on the board of American International Group since 1988. He also was a prominent economic adviser to Presidents Ronald Reagan and George W. Bush.

-snip-

In a teleconference briefing Wednesday, Office of Management and Budget Director Peter Orszag said Obama believes the "prospective members of the board would be especially well-suited to carry out the mission of tax reform."

The task force's job description is to propose ways to simplify the tax code, reduce tax evasion, close loopholes and make changes in corporate tax breaks. It is to provide recommendations to the president by December 4.
-snip-
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makes me feel depressed

like there is no untainted person in america that can do tax reform?
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BlooInBloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-29-09 11:24 AM
Response to Original message
1. This one definitely wins the prize for inflammatory headlines.
:rofl:
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lamp_shade Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-29-09 11:25 AM
Response to Reply #1
2. I'm laughing too. Good Lord.
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-29-09 11:57 AM
Response to Original message
3. Go here.
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lamp_shade Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-29-09 12:01 PM
Response to Reply #3
4. Thanks. That 'splains it.
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ensho Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-29-09 12:11 PM
Response to Reply #3
5. thanks, I didn't see that thread & wondered what post 1&2 meant lol
nt
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Barack_America Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-29-09 12:24 PM
Response to Original message
6. This guy had a ringside seat while AIG went to hell.
Yeah, I can't see how he could possibly give any insight into "what went wrong" or how they abused the tax system for their own benefit.

Besides, there's a big difference to being named part of a multi-person task force and having a direct line to the President regarding policy.
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walldude Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-29-09 12:35 PM
Response to Original message
7. Does this person still have any stake in AIG?
Because if his decisions have any affect on his personal bank account then he should be out. Did we not learn anything from Cheney's energy task force? Are we going to hear recordings of AIG execs laughing about bilking old ladies out of their social security?
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Metta Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-29-09 01:06 PM
Response to Original message
8. It looks like the fox guarding the chickens. Tack right, Obama.
That seems to be where you're going.
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