Wednesday, June 30, 2010

The First Rat Jumps Off The Ship

It was only a matter of time for the rats to start jumping off of the ship.  It only makes sense for the budget director to leap first.  Geitner and Rahm-bo will be next. 

"Peter Orszag, White House budget director, yesterday became the first high-profile official to step down from office in Barack Obama's administration.  Mr Orszag, 41, whom the US president dubbed a "propeller-head" in reference to his geeky character, helped shepherd through last year's $787bn fiscal stimulus and played a vital role in negotiating the almost $1,000bn healthcare bill that was passed in March."
Source: Financial Times
Entire article:

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