“Already a winner on the business front for his support and guidance to President Obama and his reelection campaign, there is growing speculation that Google Chairman Eric Schmidt is in line for an even bigger payoff: secretary of either Treasury or Commerce or a new ‘secretary of business’ slot,” Paul Bedard reports for The Washington Examiner.
“Cabinet shakeup watchers have focused on Schmidt and his Yoda status in the Obama reelection campaign, Google’s massive $1.9 million to Democrats in the election, and the administration’s efforts to quiet a potential Federal Trade Commission investigation of Google as key signs that the president wants Schmidt in the cabinet,” Bedard reports. “Since Obama ran for national office, Google has been there with money and advice.”
Bedard reports, “It’s been a match made in heaven. Schmidt stood with Obama during his first 2008 post-election press conference. When Obama started to push for a new round of stimulus spending in 2011, Schmidt was a cheerleader. Google’s political action committee delivered $1.6 million to Democrats in 2008 and over $700,000 to Obama in the last election.”
Read more in the full article here.
Related articles:
Google’s Explainer-in-Chief Eric Schmidt can’t explain Apple – December 5, 2012
So, Eric Schmidt, where are those iOS-slaying Android exclusive apps? – June 7, 2012
Why Eric Schmidt’s prediction about Android vs. iOS development is dead wrong – December 15, 2011
Eric Schmidt: Google’s Android to top Apple’s iOS among developers within 6 months – December 7, 2011
Steve Jobs: ‘I’m going to destroy Android, because it’s a stolen product; I’m willing to go thermonuclear war on this’ – October 20, 2011
What’s up with Eric Schmidt’s revisionist history of his relationship with Steve Jobs? – October 14, 2011
Maybe he can head the new Department of Business. Oh, wait, we already have a Department of Commerce. And a Small Business Administration. Maybe Obama would know that if he held more Cabinet meetings.
One thing I’d recommend: Keep Schmidt away from Treasury. If after the meager results of almost a trillion in stimulus he wanted yet MORE stimulus in 2011, it’s clear he needs to be kept far from the money.
A ‘mole’ in the White House … Interesting.