Answer:
speculation about Barack Obama tapping former rival Hillary Clinton to join his team as secretary of State is gaining serious momentum. Apparently Obama has already become bored with the presidency and wouldn’t mind shaking things up a bit by inviting the drama-prone Clintons back into the White House. Clinton would surely be a capable diplomat whom the world would embrace with open arms. But what else might be behind Obama’s thinking or Clinton’s, for that matter?
• Jonathan Freedland notes that “Obama partly passed over Hillary as V.P. because he didn’t want to import the Clinton family psychodrama into his White House,” but Hillary as secretary of State will invite the same “back-seat driver implications.” However, it’ll also “demonstrate great confidence on Obama’s part” that he won’t be “upstaged by a global celeb such as Hillary.” Of course, if he doesn’t pick Hillary, “he’d better have a pretty good explanation” or her supporters will be “mad at him all over again.” [Guardian UK]
erbert Hoover´s view on the causes of depression were lack of confidence in the financial system. He thought that the best was to avoid federal intervention in commerce. He asked businesses to avoid work stoppages and wage cuts. Later he backed the Federal Farm Board, (actually created before the start of the Depression) so that it could help farmers in difficulties.