The Israeli Who Runs the Obama White House

One of the key players in the Obama administration’s $900 billion economic stimulus package is Obama’s new budget director Peter R. Orszag. Orszag, 40, is the director of the Office of Management and Budget, the arm of the White House responsible for crafting the federal budget and overseeing the effectiveness of federal programs. He worked closely with Rahm Emanuel in the Clinton administration - when the disastrous NAFTA was passed - and was one of the first Obama appointees to be approved.

”In the coming years, no bureaucrat will be as decisive as Peter Orszag,” Ezra Klein wrote recently in The American Prospect. So, who is Peter Richard Orszag and what kind of decisions will he make with the budget he controls? (Based on his background one would be well advised to prepare for a financial trainwreck.) →