The revolving door shouldn't spin again for Bill Daley

http://sunlightfoundation.com/blog/2011/01/06/the-revolving-door-shouldnt-spin-again-for-william-daley/

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The President once told a meeting of bankers that he was "the only thing standing between you and the pitchforks." That apparently wasn't good enough. Picking Daley would send the message that the pitchforks--normal people--matter less than the continued flow of campaign donations from the uber-wealthy. Barack Obama raised $39 million from the finance, insurance and real estate sector in his 2008 bid for President, the most raised from this sector by anyone in one cycle seeking political office in the United States ever.

Even more problematic than the need to corral donors for 2012 is that Daley's presence would allow him to control the time of the President. Daley could choose who the President sees and what information gets to the President. Based on the praise the financial sector has for the Daley selection, it is clear who those people are and what that information would be. In essence, Daley would act as a stovepipe for the interests of Wall Street, as if bankers didn't have enough influence already.

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The question finally isn't just whether the country needs a chief of staff to the President who can speed dial Jamie Dimon, but rather what considerations does Daley make as chief of staff that could affect his prior commitments and friendships and his future prospects. People criticized Rahm Emanuel for being in too close contact with lobbyists and corporate leaders, but Rahm's future considerations always appeared to be in the political realm. (Yes, I'm aware that Rahm was on the board of Freddie Mac, but what Democrat didn't get some plum seat on Fannie or Freddie back then. Fannie and Freddie were like the Woodstock of the nineties, everyone was there.) What is more disconcerting is that Daley's future prospects likely lie back in the world of finance.

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If the President is concerned about the influence of lobbyists in his administration he should also be concerned about the influence that people like Daley, who have already used the revolving door once, could have on policy outcomes. Choosing Daley would not be a wise choice if the President wants to keep his promises on reducing influence in government.

influence of lobbyists in his administration

There is no doubt in my mind that Daley was chosen, not for the people, but for Obama and his re-election campaign in 2012

to tell Al to get out when the chad vote counting was going on in Florida. Cut and run.

Obama can't even BUY Wall Streeters.
Now that is sad.

He will never really leave wall street. He'll just have a secondary office at the WH. His pay there will be paltry compared to what Wall Street will pay him for his efforts on their behalf.

Butt out.

And if you don't like the decisions they make, don't vote for them again. That's the extent of your power. Presidents don't need your approval to appoint staff members. And staffers who require confirmation don't get confirmed by you.

You may want to approve every person the President hires, but that's tough shit. You don't get to.

Try your "let them eat cake" routine on some other website.