
Originally Posted by
Roy Karrde
And why would a President place him in a Czar or Cabinet position to handle foreign aid? His experience is on domestic economic issues. Hell the Secretary of Labor would be a fitting position.
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You mean such as say the Bank Bailout Czar and TARP Czar who previously had a role in the Treasury Department and graduated from college with a degree in "aeronautical engineering". I wonder what does Aeronautical engineering have to do with TARP or Bank Bailouts? Nothing, he had prior experience at the treasury and before that Goldman Sacks. The appointment, like many was purely based on political experience.
Or there is the next person who took over the role of Bank Bailout Czar and TARP czar, who held the previous position as CEO of Fannie Mae, Chairman, President, and CEO of TIAA-CREF, and various positions at Merrill Lynch.