Who Is New White House Chief of Staff Jack Lew?

Predictably Obama has replaced one banker with another. This is another poke in the eye for the left. Did Bush have as many bankers in his administration? Still, Obama's supporters will continue to support this fraud of a President no matter how much he betrays them and gives them the finger. Because he is the 'lesser of the two evils.' This is the mistake we make every election cycle. We vote either party because there is no alternative to the two-party system:

President Obama announced Monday afternoon that White House Chief of Staff William Daley is stepping down after just 361 days in the job (back in November, he was effectively demoted, giving up many of his duties but not his title, so the move isn't totally unexpected). Replacing Daley as the president's right-hand man will be Jacob Lew, better known as Jack. Here's your cheat sheet on the new White House chief of staff.

1. He's a numbers guy. Lew is currently the director of the Office of Management and Budget, running the numbers for the administration. It's his second tour of duty in that job. He also held it from 1998 to 2001 during the Clinton administration. Prior to returning to his OMB chair, Lew worked for Secretary of State Hillary Clinton as deputy secretary for management and resources, a chief operating office-like position he inaugurated.

[...]4. He's part of the 1 percent. Don't take his liberalism to mean that Lew is a wild-eyed socialist though. In fact, he's a former banker. In 2008, he served as chief operating officer of Citigroup Alternative Investments, a division of the Wall Street behemoth. That group was involved in controversial practices like proprietary trading, and was involved in shorting the housing market as the economy lurched toward collapse. Perhaps in keeping with his resume, Lew has rejected the view of many fellow liberals who argue that deregulation of the financial sector contributed to the crash, saying, "[I don't] personally know the extent to which deregulation drove it, but I don't believe that deregulation was the proximate cause." Expect to hear muffled howls of unhappiness from the left, which will be glad to see Daley go but upset at Lew's positions.

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