The Cronies, Opportunists and Thrill Seekers at Davos

by: Robert Wenzel

The big global crony networking event of the year. The World Economic Forum in Davos, Switzerland is in full swing and Vice President Joe Biden is in attendance as are six members of Obama’s Cabinet.

Treasury Secretary Jack Lew, Defense Secretary Ash Carter, Secretary of State John Kerry and Attorney General Loretta Lynch are in attendance, as well as HHS Secretary Sylvia Mathews Burwell, U.S. Trade Representative Michael Froman, Commerce Secretary Penny Pritzker and USAID Administrator Gayle Smith,

In addition, there are at least two governors attending — Gregory Abbott of Texas and John Hickenlooper of Colorado — and five senators and eight congressmen, including current House Majority Leader Kevin McCarthy and U.S. Rep. Darrell Issa from California.

From the private sector, among many others, JPMorgan’s Jamie Dimon, Blackstone’s Steve Schwarzman, GM’s Mary Barra, Microsoft’s Satya Nadella and Cisco’s John Chambers are at the event.

Kevin Spacey, Bono and Richard Branson are also present, as well as Bill and Melinda Gates.

Keynesian economists Jeffrey Sachs, Joe Stiglitz and Robert Shiller are also in attendance.


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