Bush economic adviser Hubbard to step down: report

[Celebration]

Source: Reuters

WASHINGTON (Reuters) - Top White House economic adviser Allan Hubbard is expected to leave his post at the end of this year, the Wall Street Journal reported on Wednesday in its on-line edition.

The resignation, the latest in a spate of White House departures as President George W. Bush's term winds down, could be announced later in the day, the Journal said.

Hubbard, 60, joined the White House as director of the National Economic Council after Bush's re-election in 2004.

His departure would come as the Bush administration is facing a crisis in the mortgage industry that has caused rising housing foreclosures and sparked recession fears.



Read more: http://www.reuters.com/article/topNews/idUSN2856208420071128

[Ganja Ninja]

1. Rats leaving the burning plane as it flips over and nose dives. n/t

[peacebird]

2. wonder how many more will flee this holly daze season?

Hmmmm?

[Quantess]

12. Are those your chickens?

Yard pets, more like.

[peacebird]

19. those are a few of my chickens...

:-)

Silly birds, always make me laugh! And they have decimated the bug population (ticks especially) on our property and give us the best eggs!

[Quantess]

20. My parents have chickens. They are yard pets.

Chickens provide entertainment value, and eggs that taste 10x better than store bought eggs, and healthier too.

I wish we had chickens, but my boyfriend thinks chickens don't fit our "image". Last spring I came home with 6 baby chicks, but he made me give them to my parents. :-(

Gardenweb has a good forum to discuss chickens, in case you haven't seen it. http://forums2.gardenweb.com/forums/farmlife/ Okay, I think that's enough thread-highjacking for today.

[peacebird]

21. thank you for the link! Do you know www.backyardchickens.com ?

:hi:

Hope your BF changes his mind....

[Eurobabe]

3. L. Ron Hubbard?

Seems like that's the kind of economic advice *'s been given. :shrug:

[Ganja Ninja]

5. Mother Hubbard leaving after the cupboard's gone bare. n/t

[tekisui]

4. Chimpy's economic adviser is leaving, and taking the economy with him.-nt

[Olney Blue]

6. Such dedication- jumping ship to avoid handling the mortgage crisis.

Oh, I forgot. It's money first, love of country second.

[Vinca]

7. I'd love to see his updated resume.

2004 - 2007: Director, National Economic Council - Flushed an entire nation down the crapper with ease, all the while padding the corporate coffers.

[KayLaw]

8. Baffled.

I read the article and it mentioned Bush's idea to count health insurance costs as taxable income.

Huh???

[ChairmanAgnostic]

9. The anti-Midas touch is not limited to Condi, apparently.

[whistle]

10. Up to now it has been rats jumping from the sinking BushCo ship

...now the BushCo people are dropping like flies. Do they think by leaving early they can avoid accountability?

Democrats should be sending out indictments and subpoenas to every BushCo operative who has left, beginning with KKKarl Rove. These folks have deliberately wreaked America and they should be made to realize that although they are running and hiding, they can not be allowed to get away with their crimes and corruption.

[BenDavid]

11. All the rats are leaving so they can can get in on the action on K

street before the first of the year and the new law begins.

[Swede]

13. Bush economic adviser Hubbard resigns

Source: ABC News

Top White House economic adviser Allan Hubbard resigned on Wednesday and will be replaced by his deputy, Keith Hennessey, the latest in a string of departures as President George W. Bush's term winds down.

His departure comes at a difficult time for the Bush administration, which faces a crisis in the mortgage industry that has led to an increase in housing foreclosures as well as jittery global stock and currency markets.



Read more: http://www.abcnews.go.com/Politics/wireStory?id=3925863

[LisaM]

14. Bush has an economic advisor?

Who knew?

[dantyrant]

17. "Deficits don't matter" - Cheney

That's the caliber of advice that Bush gets.

[whistle]

15. The BushCo meltdown...Shrub* will find himself all alone

[Robbien]

16. Brad DeLong awarded the title Stupidest Man Alive to Allan Hubbard

basically because Hubbard proudly stated he spent hours on the US budget. Not days, nor months but hours.

Heck most of us here at DU have spend hours just debating US budget issues. Same amount of time as the man in charge of it all.

I don't expect this Hubbard assistant will be much different after he is promoted to Hubbard's spot.

[dantyrant]

18. I wonder who wins between Hubbard and Feith.

Both have been called 'dumbest man alive'. Surely they can't both be. I demand they fight it out so we know which is most worthy of our scorn.

[Dont_Bogart_the_Pretzel]

22. another bushy jumping ship.

[TankLV]

23. He was SUCH a success at his job - just like all the others!

[Supersedeas]

24. the cronies will applaud his service