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25 March 2008

Consummate Politicians

We need consummate politicians in the White House; this is the relative strength of Hillary Clinton over Barack Obama. She is a smart operator with experience in collaborating with various levels of government, from state, congressional, federal administration, and foreign countries. True, Mr. Obama shares some of that exposure by dint of his terms in the Illinois Statehouse and four years in the Senate. However, he doesn’t show an appreciation for the advantages of effective collaboration in making government work.

Typically the Obama campaign objected to Senator Clinton’s proposal to set up a housing foreclosure solutions panel led by experienced economists like Robert Rubin, Alan Greenspan and Paul Volcker. Rather than harboring favoritism for the financial community, these panelists would know how to deal with it: they have shown themselves to be effective in implementing measures to correct missteps like the Mexican peso crisis, the Long Term Capital Management collapse, and the October 1987 Stock Market Crash. Reflexive resistance to competence is often a corollary of idealistic dreams.

Senator Obama can always make speeches, and should continue doing so in order to provide inspiration to the creative spirits of our society. However, just as in the case of Lyndon Johnson and Martin Luther King, Clinton brings the skillful operating capability necessary for fulfilling those dreams.

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