Friday, October 26, 2012

Former Biden Staffer Calls Biden And Obama ‘Financially Illiterate’

Former Biden Staffer Calls Biden And Obama ‘Financially Illiterate’:
This new book looks like it will be a real page-turner.
Adding another wild-card to the 2012 campaign’s final days, a former aide to Vice President Joe Biden has written a tell-all Washington memoir in which he lacerates the former Delaware senator as an “egomaniacal autocrat” who was “determined to manage his staff through fear.”
The book is hardly an objective study of the vice president, however. Author Jeff Connaughton, a Biden Senate staffer turned lobbyist, is by his own admission deeply disillusioned with the capital and embittered about his experience with the man who inspired him to enter politics.
Connaughton wrote “The Payoff,” which came out last month, in the fashion of guilt-racked whistle-blower: he was a party to a corrupt system and now wants to blow the lid off the game. …
He is harshly critical of his own party and the Obama administration, arguing that the president is no different than most other Washington Democrats in his willingness to kowtow to Wall Street.
President Obama and Biden, he writes, are “both financially illiterate.”
“The Payoff” is every bit the cri de coeur of a man who, as he writes, is “willing to burn every bridge” in order to indict the transactional Washington lobbying and political culture. (Read More)
Well, Obama did admit that he can’t do math above a 7th grade level.
Update: Speaking of Biden, he’s going to be in Oshkosh, WI today. Yesterday one of the areas largest employers laid off 450 workers thanks to the upcoming defense cuts.