The Daily Caller

The Daily Caller

Peter Orszag reveals Obama White House is full of drama

Peter Orszag shed some new light on why he left his post as White House budget director and brushed off criticism over his decision take a multi-million dollar job at CitiGroup in an interview with New York magazine.

Orszag claims he never wanted the job, but was unable to resist President Obama’s personal lobbying for him to accept the offer.

“Many of my mentors warned me that despite the ‘no drama’ Obama campaign, once in office this White House would inevitably be like others—and possibly worse. And unfortunately that’s exactly what happened,” Orszag said.

Orszag personally clashed with other White House officials, including Larry Summers, over the administration’s lack of motivation to lower the budget deficit, and Obama’s decision to make the Bush tax cuts for the middle class permanent. Orszag believed the tax cuts should have been temporarily extended and then allowed to expire in 2013, after the economy had ample time to recover.

“I didn’t think I could be an effective advocate for the administration on making the tax cuts permanent, and I didn’t want to be in office when that happened,” he said.

Orszag’s July 2010 White House departure was anything but cordial, as he was accused of leaking information from private meetings to the press, and his relationship with chief of staff Rahm Emanuel and other staffers progressively deteriorated, according to one anonymous Democratic aide.

In a September 7, 2010 New York Times op-ed, Orszag articulated his views on the then-ongoing Bush tax cuts extension debate, infuriating Emanuel and causing reporters to hound WH press secretary Robert Gibbs over the possibility of a policy divide within the administration.

It perhaps came as no surprise then when resentful White House aides decided to skip Orszag’s wedding that took place less than three weeks after the op-ed was published.

Orszag gave the White House more headaches in December 2010 after he joined CitiGroup as a vice chairman, receiving an estimated $2 to $3 million salary, helping some progressives reassert their belief that the administration was too cozy with Wall Street.

Orszag, however, calmly dismissed criticism from the left over his decision to join Citi: “I could have been totally comfortable doing something easy, going back to academe or a think tank, giving speeches, having a cushy consulting thing—ironically, which would have played off my White House experience much more than what I chose to do. Or I could have done something new, which would be harder,” he told New York magazine.

  • kingfish

    http://www.americanthinker.com/printpage/?url=http://www.americanthinker.com/2009/08/another_failed_presidency.html

    EXCERPT 8/31/2009
    Barack Obama is failing. Failing big.  Failing fast. And failing everywhere: foreign policy, domestic initiatives, and most importantly, in forging connections with the American people.

    …Dorothy Rabinowitz in the Wall Street Journal put her finger on it: He is failing because he has no understanding of the American people, and may indeed loathe them.
    Fred Barnes of the Weekly Standard says he is failing because he has lost control of his message, and is overexposed.
    Clarice Feldman of American Thinker produced a dispositive commentary showing that Obama is failing because fundamentally he is neither smart nor articulate; his intellectual dishonesty is conspicuous by its audacity and lack of shame.

    But, there is something more seriously wrong:
    …He’s a phony, knows nothing about economics, is historically illiterate, and woefully small minded for the size of the task– He’s not one of us. his profile is fuzzy and devoid of content, like a cardboard cutout…Moreover, he doesn’t command our respect. His notions of right and wrong are repugnant.

  • kingfish

    Jesse Ventura Letter to the ruling class
    http://weaintgottimetobleed.com/

    You control our world. You’ve poisoned the air we breathe, contaminated the water we drink, and copyrighted the food we eat. We fight in your wars, die for your causes, and sacrifice our freedoms to protect you. You’ve liquidated our savings, destroyed our middle class, and used our tax dollars to bailout your unending greed. We are slaves to your corporations, zombies to your airwaves, servants to your decadence. You’ve stolen our elections, assassinated our leaders, and abolished our basic rights as human beings. You own our property, shipped away our jobs, and shredded our unions. You’ve profited off of disaster, destabilized our currencies, and raised our cost of living. You’ve monopolized our freedom, stripped away our education, and have almost extinguished our flame. We are hit… we are bleeding… but we ain’t got time to bleed. We will bring the giants to their knees and you will witness our revolution!
    Sincerely,
    The Serfs.

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  • ladylove

    if the truth were told most of the people who work with Obama, would all say that you don’t work with him, but for him.

    he does not treat the Presidency like a privilage, but more like an entitlment.

    and he has no room for compromise, he does not even know what the word really means. to him it means my way or the highway, period.

    • lukuj

      Well stated! I believe you are all too accurate. Sad and scary isn’t it?

  • speppers69

    It’s started!!! They’re eatin’ their own now! I ♥ it!!!

  • kingfish
  • betty12

    Makes no sense to skip a man’s wedding because of their lack of motivation to lower the budget deficit. Peter Orszag has tried to make changes to lower the deficit and boost the economy. What are the big wigs waiting for? I have a new appreciation for Orszag after checking out peterorszagonline.com.

  • etpietro

    Isn’t this the guy who set the White House on fire?

    Ahhhh, the best and brightest.

    I see only great things ahead for CitiGroup.