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Davos Feels the Pinch
It’s that time of year again, when the stars of Hollywood and the business world mingle on the Alpine slopes of Davos, Switzerland, at the World Economic Forum. But this year’s forum, which starts Tuesday, is going to look a whole lot different. John Thain canceled his ticket. Lloyd Blankfein’s sending his deputy. Larry Summers is concentrating on the financial crisis at home. Angelina’s got other plans. And even Bono won’t be there—he’s got a new album to promote. And Obama’s got no time to discuss Davos’ agenda, “Shaping the Post-Crisis World,” in a ski lodge. He’s not even sending Ben Bernanke—instead the other world leaders will have to make do with his senior adviser and longtime pal Valerie Jarrett.
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Do Hollywood celebs really go to Davos? I know the unrecognizable-to-the-public Powers That Be attend, but I always thought it was one of those events that was just too boring for ADHD, glamor-seeking celebs.
Valerie is most likely the best choice anyway. There is an old saying, "When you need something done, find someone that doesn't know it can't be done & goes out & does it" The real problem we all face is so far everyone Obama has chosen to fix Wall Street was part of breaking it in the first place. Everyone of the group has made money off of the broken system most of their lives. Valerie I hope does not fit that mold. Let's hope she has a lot to say to Barak that the rest of the old time money people don't say...
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