I thought Obama's whole raison d'etre was bringing change to Washington. So what's with the crew of ex-Clinton cabinet members parading into his administration?
Lawrence Summers is my favorite. For as much as Obama bashed Wall Street, to bring in Summers is a bit breathtaking. He currently is an advisor for a major hedge fund and was one of the architects of the current mess, thwarting the few reasonable attempts that were made to reform some of the most dangerous markets.
I had this vision of Obama bringing in a whole bunch of new faces, but apparently my few days of optimism got the better of my normal cynical, but apparently more accurate, judgement.
Update: An echo of my thoughts here.
Wednesday: FOMC Announcement, CPI
9 hours ago