Thursday, February 12, 2009

Obama's Econ Recovery Board: More Trouble

Volcker finally has his 'economic advisory board.'

The 16-member Economic Recovery Advisory Board, which President Barack Obama announced late last week, was selected almost exclusively by Obama White House advisers, and features only two members that the board’s chairman, former Fed chief Paul Volcker, was allowed to pick.

More troubling: one of Obama’s personal selections has raised a red flag at the Department of Justice. Robert Wolf is chairman and chief executive of UBS Group Americas, an entity that, according to a DOJ source, is part of an ongoing federal criminal investigation.

By the way, the American Spectator also reports a rumor that TWO MORE of Obama's potential nominees are tax cheats; they are working feverishly to cover their tracks as this is typed.

HT: RedState

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