5 ms·

Mary Jo White to Step Down as S.E.C. Chief

24 points by peterkshultz 10y ago

mburnett 10y ago
From the article: > Ms. White was expected to leave no matter the outcome of the election.
dharmon 10y ago
Skeptic hat theory: of all Trump's proposed policies, 90% of which are DOA, one that may garner some support is limitations on "revolving doors", limiting public servants ability to work for private sector businesses they were potentially watchdogging. The SEC may be the absolute worst in terms of revolving doors. Maybe White's getting out while she it is still legal to get those oh-so-sweet "consulting" gigs? Rational hat theory: working for the SEC is just a shitty job.
- ams6110 10y ago
  > 90% of which are DOA Like the assurances that Trump "could never" win the election?
  - scrollaway 10y ago
    I don't think that's a fair comparison. But assuming it is, I'm fairly certain the majority of people would love for Trump to somehow actually hold the secret to politics and do really well, be one of the greatest presidents, etc. The more likely scenario however is that that won't happen. The skills you need to get elected are not the same as the skills you need to lead. This is a lesson commonly taught throughout history: Getting to power and staying in power are two completely different jobs, and there is no guarantee that just because you know how to get in power so well, you'll be a good leader. This works for trump and also works for Hillary in reverse when you think about it. She's a career politician with a crapton of experience in getting things done in the government, but doesn't know how to get elected.
    - hga 10y ago
      On the other hand, Trump manifestly knows how to get things done, just not in the government domain. The thing that gives me hope for better than "90% DOA" is that he also doesn't play by the current, or perhaps previous rules of the game, e.g. obsequious bowing to political correctness. Hmmm, let's see if he can kill off the Senate Launch System, he's made that a very explicit and reasoned goal (get NASA out of the "logistics" game), it's the right thing to do, but of course the pork barrel types in the Congress will resist. Strenuously. Also don't judge failure too soon, i.e. I think there's a serious chance he'll run against a "Do Nothing Congress" in 2018 and no doubt beyond to eject enough of the GOPe in it who already hate him with a passion anyway. Ah, if you want to help this, call your House rep early today, in an hour and half or so, and tell him not to vote for Ryan as speaker.
    - forgetsusername 10y ago
      >The more likely scenario however is that that won't happen. I put the probability precisely equal to Clinton holding the secret to politics and doing really well. >Getting to power and staying in power are two completely different jobs The implication here is that somehow Trump conned people into voting for him. The reality is that there are actual, real people who believe in some of the policies he's proposing. Trump is already dialling back the rhetoric regarding deportation and the wall and other things. The literal proposals are ridiculous. But I think you'll find many people will like the direction he goes, just not in Silicon Valley.
      - scrollaway 10y ago
        > The implication here is that somehow Trump conned people into voting for him. I don't know how you're getting that implication from the sentence you quoted. > I put the probability precisely equal to Clinton holding the secret to politics and doing really well. She doesn't hold the secret to politics, she's just incredibly experienced. And, if there is a "secret to politics" it's very much the various things she was accused of: being double-faced, managing bribes, etc. Those things don't make you electable, they're just good at keeping you in power. Like I said, getting to power and staying in power are very different skillsets.
- rayiner 10y ago
  She will probably return to Debevoise, her prior law firm.
deleted 10y ago
[deleted]
001sky 10y ago
why is a story 7 hours old with 11 points and 3 comments ranked #page 2 of hN? This is actually news, and sort of important. But the article above has 300 points.//?

24 points by peterkshultz 10y ago

From the article: > Ms. White was expected to leave no matter the outcome of the election.

Skeptic hat theory: of all Trump's proposed policies, 90% of which are DOA, one that may garner some support is limitations on "revolving doors", limiting public servants ability to work for private sector businesses they were potentially watchdogging. The SEC may be the absolute worst in terms of revolving doors. Maybe White's getting out while she it is still legal to get those oh-so-sweet "consulting" gigs? Rational hat theory: working for the SEC is just a shitty job.

ams6110 10y ago
> 90% of which are DOA Like the assurances that Trump "could never" win the election?
- scrollaway 10y ago
  I don't think that's a fair comparison. But assuming it is, I'm fairly certain the majority of people would love for Trump to somehow actually hold the secret to politics and do really well, be one of the greatest presidents, etc. The more likely scenario however is that that won't happen. The skills you need to get elected are not the same as the skills you need to lead. This is a lesson commonly taught throughout history: Getting to power and staying in power are two completely different jobs, and there is no guarantee that just because you know how to get in power so well, you'll be a good leader. This works for trump and also works for Hillary in reverse when you think about it. She's a career politician with a crapton of experience in getting things done in the government, but doesn't know how to get elected.
  - hga 10y ago
    On the other hand, Trump manifestly knows how to get things done, just not in the government domain. The thing that gives me hope for better than "90% DOA" is that he also doesn't play by the current, or perhaps previous rules of the game, e.g. obsequious bowing to political correctness. Hmmm, let's see if he can kill off the Senate Launch System, he's made that a very explicit and reasoned goal (get NASA out of the "logistics" game), it's the right thing to do, but of course the pork barrel types in the Congress will resist. Strenuously. Also don't judge failure too soon, i.e. I think there's a serious chance he'll run against a "Do Nothing Congress" in 2018 and no doubt beyond to eject enough of the GOPe in it who already hate him with a passion anyway. Ah, if you want to help this, call your House rep early today, in an hour and half or so, and tell him not to vote for Ryan as speaker.
  - forgetsusername 10y ago
    >The more likely scenario however is that that won't happen. I put the probability precisely equal to Clinton holding the secret to politics and doing really well. >Getting to power and staying in power are two completely different jobs The implication here is that somehow Trump conned people into voting for him. The reality is that there are actual, real people who believe in some of the policies he's proposing. Trump is already dialling back the rhetoric regarding deportation and the wall and other things. The literal proposals are ridiculous. But I think you'll find many people will like the direction he goes, just not in Silicon Valley.
    - scrollaway 10y ago
      > The implication here is that somehow Trump conned people into voting for him. I don't know how you're getting that implication from the sentence you quoted. > I put the probability precisely equal to Clinton holding the secret to politics and doing really well. She doesn't hold the secret to politics, she's just incredibly experienced. And, if there is a "secret to politics" it's very much the various things she was accused of: being double-faced, managing bribes, etc. Those things don't make you electable, they're just good at keeping you in power. Like I said, getting to power and staying in power are very different skillsets.
rayiner 10y ago
She will probably return to Debevoise, her prior law firm.

deleted 10y ago

[deleted]

001sky 10y ago

why is a story 7 hours old with 11 points and 3 comments ranked #page 2 of hN? This is actually news, and sort of important. But the article above has 300 points.//?