This Week’s Catch-Up
Posted By DEADLY CLEAR
Huffington Post reported on August 6, 2011: Ex-Obama Adviser Christina Romer Says U.S. ‘Pretty Darn F**ked’
On the same night that Standard and Poor’s downgraded the United States’ top-level credit rating for the first time in history, Christina Romer, former chair of Obama’s Council of Economic Advisers, didn’t mince words when asked of downgrade’s potential consequences.
The U.S. is “pretty darn f**ked,” Romer said during a segment on Real Time with Bill Maher called “How F**ked Are We?”, after Maher asked what the new could mean for the U.S. economy.
“I’ve been hanging around [Treasury Secretary] Tim Geithner too long,” Romer said, explaining her foul language. Geithner, she says, swears “like a seventh grade boy.”
Romer announced in August 2010 that she would be returning to her tenured position as an economics professor at the University of California, Berkeley, in time for her son to begin high school in California in September.
The only woman in the inner circle of Mr. Obama’s economic advisers, Ms.
Romer early on had tense relations with Lawrence H. Summers, who, as director of his National Economic Council, coordinates the advice that goes to the President (he certainly knows how to pick ’em).
Ms. Romer had a bigger role than many predecessors in her job but was said to express frustration that she did not have more direct access to the President, or more influence. Maybe President Obama should have listened closer to Ms. Romer instead of playing Father Knows Best.
Deadly Clear 
The stimulus was a joke. Why does the simple fact that small business creates 70% of new jobs keep being ignored? The president chose to alienate the Chamber of Commerce at the worst possible time. Give them certainty and they will invest. Where was the transparency of descicion making. Ignore these facts and the only business that will profit is KoolAide.
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