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Attached is an oped in the new york times today which laid out the requirements for Secretary of Treasury and why the selection will send a message on whether the Obama administration really will live by President words - every decision in the oval office will be judged on how it impacts on the middle class.

We need someone to be secretary of treasury who understands housing and job creation not wall street.

here is a quote from it


".. . the Treasury’s main client would no longer be Wall Street. And that’s as it should be. The bailouts and other resources lavished on the financial markets have helped to drive corporate profits as a share of the economy to their highest level since 1950, with profit growth in the financial sector significantly outpacing the gains at nonfinancial companies. At the same time, however, worker compensation as a share of the economy has fallen to its lowest level since 1955.

Seen in that light, the Treasury’s No. 1 client, and the focus of its policies, must be the low- and middle-income working Americans who last saw any real income gains in the 1990s; the 12 million Americans who can’t find work; the 8.2 million who can find only part-time jobs; the 12 million borrowers who are underwater on their mortgages.