Ignored

clipped from www.powerlineblog.com Charles Gasparino reports that, although they will not admit anything of the sort in public, people like Morgan Stanley's John Mack, BlackRock's Larry Fink, Greg Fleming (once at Merrill Lynch), JP Morgan's Jamie Dimon, and Goldman Sachs' Lloyd Blankfein, who backed Obama at the time of the financial crisis last Fall, are now, in private, expressing grave misgivings. Even more to the point, he reports, I'm told that Treasury Secretary Tim Geithner and chief economic adviser Lawrence Summers have both complained to senior Wall Street execs that they have almost no say in major policy decisions. Obama economic counselor Paul Volcker, the former Fed chairman, is barely consulted at all on just about anything -- not even issues involving the banking system, of which he is among the world's leading authorities. At most, the economic people and their staffs get asked to do cost analyses of Obama's initiatives for the White House political people -- who then ignore their advice.