EMBOLDENING CITIZENS AND LEADERS TO STAND UP FOR OUR FUTURE September 6, 2010 
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Position: Secretary - Treasury

The secretary of the treasury is the principal economic adviser to the president and plays a critical role in policy-making by bringing an economic and government financial policy perspective to issues facing the government. The secretary is responsible for formulating and recommending domestic and international financial, economic, and tax policy, participating in the formulation of broad fiscal policies that have general significance for the economy, and managing the public debt. The secretary oversees the activities of the department in carrying out its major law enforcement responsibilities; in serving as the financial agent for the United States Government; and in manufacturing coins and currency. The secretary, also known as the chief financial officer of the government, serves as chairman pro tempore of the president's Economic Policy Council, chairman of the boards, and managing trustee of the Social Security and Medicare Trust Funds. He or she also serves as U.S. governor of the International Monetary Fund, the International Bank for Reconstruction and Development, the Inter-American Development Bank, the Asian Development Bank, and the European Bank for Reconstruction and Development.

Type of Appointment/Position: Presidential with Senate confirmation    


Robert Reich Rate this Nominee   Current Rating: click to rate

Nominee's Background:

Family background:

Robert Reich was born in Scranton, Pennsylvania in 1946 and raised in South Salem, New York. He is married to Clare Dalton and is the father of Adam and Sam Reich. They live in Cambridge, Massachusetts.

Professional background:

* Professor, social and economic policy, Brandeis University (2003) * Secretary, U.S. Department of Labor (1992-97)

Education:

* B.A., Dartmouth College (1968) * M.A., Oxford University * J.D., Yale Law School, 1973

Member of the following boards of directors:

* Cambridge Community Foundation * IXmatch.com * The Institute on Taxation and Economic Policy * Economists Allied for Arms Reduction

Partial list of awards:

* Doctor of Laws (honorary), Grinnell College (2002) * Doctor of Laws (honorary), Bates College (2001) * Rhodes Scholarship (1968)

Publications:

* I ll Be Short: Essentials for a Decent Working Society * The Work of Nations: Preparing Ourselves for 21st Century Capitalism * Locked in the Cabinet * The Future of Success: Working and Living in the New Economy * The Resurgent Liberal and Other Unfashionable Prophecies * The Power of Public Ideas * Tales of a New America: The Anxious Liberal s Guide to the Future * New Deals: The Chrysler Revival and the American System * The Next American Frontier

Links to Ideas: http://www.prospect.org/columns/reich/#syndicated and http://www.robertreich.org/reich/commentaries.asp

Quotations:

"One thing is certain. Neither the White House nor Congress is considering the best solution [for financing the war in Iraq]: a war tax on the wealthy. Raising taxes is politically unpopular. Bush has wanted only to cut taxes, especially on America's wealthy. Yet, there's a strong history of conservatives and Republicans who have embraced war taxes as the fairest and best way to finance the costs. & It seems only fair that the rich should pay proportionately more, especially now that the cost of the war against terrorism is rising. They're the only ones with money to spare. & Besides, the very richest Americans benefit disproportionately from a stable federal government that protects their property and maintains public tranquility." - from USA Today

Nominating Speech:

Nominated by: Progressive Government Institute


To research this nominee, please look for them on the Wikipedia website or at Google.
Progressive Criteria:
The Treasury Department will

Put protecting consumers ahead of protecting the interests of banks, including protecting confidentiality, measures against identify theft, protections against predatory lending, especially from credit card companies;

Work to guarantee bankruptcy protection for ordinary Americans;

Support adding labor and environmental safeguards to international trade agreements;


Comments so far:
July 21, 2006 Judith Stevens - Very qualified and very brave to fix the rogue Federal Reserve system. We should have a national bank like Canada to protect our wealth. International banks use our wealth for things we may not approve such as war funding...not even for our best interest. If WWI and II hadn't been funded when those countries had huge debt by the world bankers, it would not have happened at all. This borrowed money used to protect the borders...not aggression. Israel is not supposed to use American weapons against anyone...only for protection within their borders. They have abused this. Their funding and support should be taken away.


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