The worst part of the Jack Lew nomination for treasury secretary is
not simply that he has no qualifications, standing or experience in the
financial world or international sphere (think G20 and European debt
crisis). Nor is it simply that he doesn't have any seasoned currency
opinions (under Obama, the greenback has dropped 10 percent, while gold
has doubled).
Yes, these are big disqualifiers. But the real problem is that Lew is a left-liberal Obama spear-carrier, whose very appointment signals a sharp confrontation with the Republican House over key issues such as the debt ceiling, the spending sequester, next year's budgets and taxes.
Read more: http://finance.townhall.com/columnists/larrykudlow/2013/01/11/an-unqualified-jack-lew-will-tax-and-spend-n1487524
Yes, these are big disqualifiers. But the real problem is that Lew is a left-liberal Obama spear-carrier, whose very appointment signals a sharp confrontation with the Republican House over key issues such as the debt ceiling, the spending sequester, next year's budgets and taxes.
Read more: http://finance.townhall.com/columnists/larrykudlow/2013/01/11/an-unqualified-jack-lew-will-tax-and-spend-n1487524
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