Tag: Obama

  • The Obamas would (almost) blend in among Oak Bluffs’ black elite

    If Barack Obama and his family decide to summer in Oak Bluffs, as the Boston Globe reports they are considering, they would enjoy not just pristine beaches, but a social scene that includes some of the nation’s most successful black artists, thinkers and entrepreneurs.

    Obama’s longtime mentor, Harvard law professor Charles Ogletree, has a home in Oak Bluffs. So, too, do Washington power broker Vernon Jordan (the great uncle of Obama friend and adviser Valerie Jarrett), filmmaker Spike Lee and former HHS Secretary Dr. Louis Sullivan.

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    Located seven miles off the Cape Cod coastline, on the northeastern tip of Martha’s Vineyard, the town of Oak Bluffs has drawn African-Americans since the Civil War, first as domestic help for wealthy white families, and later, as second-home owners.

    Once a Methodist revival camp, it became known in the early 20th century as the only town on the Vineyard that welcomed black tourists. As a result, well-to-do African Americans from New York and Boston flocked there in search of a summer retreat by the ocean.

    Early homeowners included the late New York Congressman Adam Clayton Powell Jr., Harlem Renaissance writer Dorothy West and U.S. Sen. Edward W. Brooke of Massachusetts, the first black senator elected in the post-Reconstruction era.

    Among the town’s most prominent residences was Overton Mansion on Narragansett Avenue, a large Victorian house that became a salon of sorts, hosting actor Paul Robeson, singer Ethel Waters and civil rights leader Martin Luther King Jr.

    ”I can still see Martin Luther King sitting on the porch and writing,” a neighbor, Mildred Henderson, told the New York Times six years ago.

    In more recent years, the community has become the summer home of journalist Charleyne Hunter Galt, scholar Henry Louis Gates and Harvard law professor Lani Guinier. Oprah Winfrey and Diana Ross are said to visit.

    “There was a time when the Vineyard was the only spot for successful black people,” Jordan reminisced to journalist and neighbor Jill Nelson, for her history of the community, Finding Martha’s Vineyard: African Americans at Home on an Island.

    While the White House has declined to confirm any vacation plans by the First Family, the Obamas’ friends say they stand ready to welcome them.

    Ogletree, who has owned a place in Oak Bluffs for 15 years, told the Globe he first hosted Obama there in August 2004, after the then-Illinois senator gave a rousing speech at the Democratic National Convention in Boston.

    “I asked him to just drop by [the Vineyard] and say hi and then, when he showed up there were all these really excited people there to meet him,” he recalled.

    Obama’s last visit, in August, 2007, was to attend a fund-raiser at the home of Ronald R. Davenport Sr., chairman of Sheridan Broadcasting Corporation, one of the nation’s largest African-American-owned communications companies.

    Not surprisingly, he drew a big crowd then, too.

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    • Fannie Mae chief Herb Allison in line to oversee TARP

      April 14, 2009 at 2:29pm

      Word is that Herb Allison, a longtime Wall Street executive with ties to Treasury Secretary Timothy Geithner, will be tapped to head the government’s $700-billion financial rescue program.

    • Commerce Secy Gary Locke is longtime advocate of Boeing, Microsoft

      From the outset of his political career, Commerce Secretary Gary Locke was bullish about business.

      In 1993, when he ran for King County (WA) executive, he told voters he would do everything in his power to ensure that Boeing continued building jets in the area. “We need those kinds of jobs,” he said.

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      As governor a decade later, Locke could not dissuade Boeing from moving its corporate headquarters to Chicago. But he did push through an unprecedented package of tax breaks which convinced the aerospace maker to assemble its new 787 jetliner in Everett, WA.

      Gary F. Locke
      Gary F. Locke

      The $3.2 billion deal – the biggest public-private partnership in the state’s history – kept an estimated 800 to 1,200 Boeing jobs in Washington. Locke touts it as one of his proudest accomplishments, saying that without it, the company would have eventually moved out of state, taking 70,000 jobs and as many as 20,000 indirect jobs with it.

      Not everyone thought it was so great for the taxpayers, though. “That’s $4 million per worker,” complained Seattle Weekly writer Rick Anderson.

      Locke’s pro-business approach – whether promoting Boeing, or a publicly financed stadium for the Seattle Seahawks, owned by Microsoft co-founder and billionaire Paul Allen – earned him high marks from business. It’s the sort of background one has come to expect for a Commerce Secretary whose job, after all, is to promote U.S. business interests.

      In Locke’s case, those ties are extensive. Fortune 500 companies and other businesses in Washington gave at least $800,000 to the Democrat’s two campaigns for governor, including at least $500,000 for his easy 2000 re-election, according to an Associated Press review of his campaign finance reports.

      Microsoft Corp. and Boeing Co. and their top executives were among his most loyal donors. Several top officials of those companies found their way onto his staff – and visa versa. For instance, Locke’s chief of staff Fred Kiga became a Boeing vice president.

      Many of those relationships flourished even after Locke stepped down after his second term in 2005 to head the China Practice division of international law and consulting firm, Davis Wright Tremaine. There, he represented several major corporations doing business in China, including Microsoft.

      (He is also a longtime Microsoft investor and reported owning up to $250,000 worth of stock in a financial disclosure statement. An administration spokesman said he planned to divest and step away from matters to which Microsoft is a party.)

      Anderson, the Seattle Weekly writer, wondered in a recent column whether someone who had “at times opened the state’s pocketbook to corporations,” conformed to voters’ notion of the “change” Obama had promised during his campaign.

      An administration spokesman responded that Locke was chosen Commerce Secretary because of his success in creating jobs in Washington, among other things, by opening up foreign markets to American products and encouraging innovation.

      In fact, it is Locke’s experience working with China – one of the U.S. most important, but also difficult trading partners – that likely played the greatest role in Obama’s decision to tap him for the Commerce job.

      The first Chinese-American to become a U.S. governor and the first to be commerce secretary, Locke is known for his ties to China, particularly President Hu Jintao.

      In April, 2006, he helped arrange a trip by the Chinese president to the state of Washington – including a dinner stop at Bill Gates’ Medina mansion. The only other meetings occurred in the nation’s capitol.

      At Davis Wright Tremaine, Locke specialized in China trade and investment.

      In a 2006 interview with The Seattle Times, Locke said he flew to China five times a year for the law firm, helping U.S. companies make connections and develop strategies for the China market, as well as assisting Chinese clients establish themselves in the U.S.

      He boasted of meeting with China’s top banking regulator to help a “large, multi-national company” skirt China regulations.

      “I said we’d love to work with you in finding a creative way to achieve your objectives as well as help this company,” Locke said in the interview, adding, “If you just go to a mid-level bureaucrat, they’re just going to go by the letter of the law and say, ‘no, no, no.’ “

      Locke is also a member of the Committee of 100, a national organization of Chinese-Americans, including I.M. Pei and Yo-Yo Ma, founded in 1990 to strengthen the relationship between the U.S. and mainland China, and to encourage the participation of Chinese-Americans in U.S. life.

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      • Commerce Secy Gary Locke is longtime advocate of Boeing, Microsoft

        April 10, 2009 at 8:49am

        From the outset of his political career, Commerce Secretary Gary Locke was bullish about business.

      • Edward Montgomery is the new go-to guy for recovery

        A Harley-riding economist has taken what may be the toughest job on President Obama’s auto task force – helping to rebuild the communities that will likely be devastated by the industry’s downsizing.

        Obama likened the mission of Edward B. Montgomery, the new Director of Recovery for Auto Communities and Workers, to someone who helps towns recover after a hurricane or other natural disaster.

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        The former deputy labor secretary, who traveled to Michigan today to meet with Gov. Jennifer Granholm, has the broad mission of working with the cities hardest hit by the restructurings and possible bankruptcies of General Motors Corp. and Chrysler.

        Edward Montgomery
        Edward Montgomery

        The challenge is huge. Since the economic downturn began, the auto industry has shed more than 400,000 jobs at automakers, suppliers and dealers, Obama said. And more cuts are inevitable.

        Obama said that Montgomery would help “create new manufacturing jobs and new businesses where they’re needed most – in your communities. And he will also lead an effort to identify new initiatives we may need to help support your communities going forward.”

        As a labor economist, Montgomery’s focus has been on people, rather than on systems. According to his profile on the Website of the University of Maryland, where he is dean of the College of Behavioral and Social Sciences:

        Dr. Montgomery has published numerous papers and articles on local economic development, youth unemployment, cross national comparisons of labor market performance, savings and pension policy, Medicaid and Social Security, labor unions and workplace smoking regulations.

        “He’s not the sort of economist who views these as abstract problems,” Robert Schwab, associate dean of the College of Behavioral and Social Sciences, told the Washington Post. “This is a field that’s important because it plays such a key role in everyone’s life – not just an interesting abstraction. That permeates all of Ed’s research.”

        With unemployment in Michigan already at 12 percent and rising, “to pull this off you’d need a lot of skills,” Schwab said. “You’d best be able to listen, you’d best be able to make hard choices.”

        Schwab believes that Montgomery has those skills. “He’s a real problem solver, terrific at bringing people together who are at loggerheads, and working to get a solution.”

        But others were less impressed by Montgomery’s credentials.

        “I’m sure they didn’t mean this announcement to sound as condescending as it does: that the federal government is going to send an academic to help us poor provincials devise approaches” for recovery, Indiana Gov. Mitch Daniels told the Wall Street Journal.

        Daniels, a Republican, said Indiana already “has a very clearly articulated economic strategy.”

        An administration official said the intention was simply “to have a high-level advocate who can really push and coordinate people to assure that things are being used as aggressively as possible.”

        Montgomery, who drives a 2000 Lincoln Town Car, received a doctorate in economics from Harvard University in 1982. He began his career as a professor at Carnegie Mellon University and worked for the Labor Department during the Clinton administration, rising to second in command before returning to academia at Maryland. Months after joining the department, he took part in negotiations that helped end the 10-day Teamsters strike.

        He became dean of the College of Behavioral and Social Sciences, the university’s largest college, in 2003. After Obama’s election, he headed his Labor Department transition team, and joined the Treasury Department’s auto task force last month.

        Because of Montgomery’s ties to the Obama administration and his broad mandate as director of recovery, some are already speculating that he will be a de facto car czar.

        Charles Craver, a labor relations expert at George Washington University, told the Baltimore Sun that he expects Montgomery to wield considerable influence.

        “I have the sense he’s going to have to oversee the restructuring of the companies,” Craver said.

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