It's the stupid, economy!

ByDoug Powers

They say that laughter is the best medicine, and apparently that's what President-Elect Obama plans to use to cure the ailing economy:

Gov. Jennifer Granholm and former U.S. Rep. David Bonior will serve on a panel of financial luminaries and corporate experts advising President-elect Barack Obama on the nation's hard-bitten economy, ensuring Michigan, its troubled auto industry and labor has a seat at the table.

The meeting took place yesterday in Chicago. Take it from somebody who lives in Michigan: unless Granholm and Bonior are going to be seated at the "examples of what not to do" table, we could be in for a long economic haul.

Here's another piece of classic Granholm and an example of the kind of sage advice Obama can expect: A couple of years ago the governor promoted a petition on the State of Michigan website that people could "sign" to demand action against high gas prices and "obscene" oil company profits. What was not mentioned was detail that was reported by the Detroit News at the time: The Michigan state worker pension system held $832 million worth of Exxon-Mobil stock. Full Story.