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President Obama has an ambitious agenda and an economy to fix. Yet hundreds of top government posts stand empty. One reason: over-the-top ethics rules are disqualifying or driving away some of the best and the brightest.
Staffing Treasury...has been a particular problem. According to a source...the Senate Finance Committee has quietly rejected candidates for top Treasury jobs because of tax issues.
It's the old law of unintended consequences: in order to satisfy a public desire for squeaky-clean government, elected officials have put at risk a more critical goal: dealing expeditiously with the financial crisis.
...Joseph Kennedy, hired by FDR as the first chairman of the newly created Securities and Exchange Commission because he knew, from personal experience, just how the stock market could be manipulated.