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Paul O'Neill:''Alternative meaning: Paul O'Neill (baseball player)'' '''Paul Henry O'Neill''' (born December 4, 1935) served as the 72nd United States Secretary of the Treasury under President of the United States George W. Bush. He resigned in December 2002 under pressure from the administration, re-emerging as one of its harshest critics in January 2004. == Early history == O'Neill was born in St. Louis, Missouri. He met his wife at Anchorage High School in Alaska, where they both graduated from in 1954. He lived on the military base there with his parents. He received a bachelor's degree in Economics from California State University, Fresno in Fresno, California, and a master's degree in Public Administration from Indiana University. O'Neill and his wife Nancy (who was born on September 11) have four children and 12 grandchildren. He began his public service as a computer systems analyst with the Veterans Administration, where he served from 1961 to 1966. He joined United States Office of Management and Budget in 1967, and was deputy director of OMB from 1974 to 1977. After United States President Gerald Ford lost the 1976 election, O'Neill took an executive job at the International Paper Company in New York City. He was vice president of the company from 1977 to 1985 and president from 1985 to 1987. In 1988, he was approached by president George H. W. Bush to be United States Secretary of Defense. O'Neill declined, but recommended Dick Cheney for the position. Bush then pursued O'Neill to chair an advisory group on education that included Lamar Alexander, Bill Brock and Richard Riley. Under O'Neill's leadership, the group recommended national standards and unified testing standards. O'Neill was chairman and CEO of Alcoa from 1987 to 1999, and retired as chairman at the end of 2000. His reign was extremely successful, as the company's earnings increased from $1.5 billion in 1987 to $23 billion in 2000 and O'Neill's personal fortune grew to $60 million. In the late 1990s, O'Neill was made chairman of the RAND Corporation. == Bush Administration == O'Neill was appointed Secretary of the Treasury by George W. Bush. He selected Mark Weinberger to be the assistant secretary for tax policy. O'Neill was a somewhat outspoken member of the administration, often saying things to the press that went against the administration's party line, and doing unusual things like taking a tour of Africa with singer Bono. A report commissioned in 2002 by O'Neill while Treasury Secretary suggested the United States faced future federal budget deficits of more than United States dollar 500 billion. The report also suggested that sharp tax increases, massive spending cuts, or both would be unavoidable if the United States were to meet benefit promises to its future generations. The study estimated that closing the budget gap would require the equivalent of an immediate and permanent 66 percent across-the-board income tax increase. The George W. Bush left the findings out of the 2004 annual budget report published in February 2003. O'Neill's private feuds with Bush's tax cut policies led to his resignation in 2002 and replacement with John W. Snow. === Book: ''The Price of Loyalty'' === :''Main article:'' The Price of Loyalty ''The Price of Loyalty: George W. Bush, the White House, and the Education of Paul O'Neill'' (ISBN 0743255453), a 2004 book, described the Bush administration during O'Neill's tenure. Written by former ''Wall Street Journal'' reporter Ron Suskind (Pulitzer Prize journalist), the book says Bush's economic policies were irresponsible, Bush was unquestioning and uncurious, and the war in Iraq was planned from the first National Security Council meeting, soon after the administration took office. O'Neill was critizied for his claims that Bush had wanted an invasion of Iraq so early in his term, but the current Downing Street Memo - if proven accurate - supports the position of O'Neill and Richard A. Clarke, both former members and now critics of Bush's administration, that indeed such planning was taking place. ==Comments and views== In a July 25, 2001 International Herald Tribune article he shared a comment on the theory of an inevitable financial "contagion" in global financial markets. And the theory that investors at the time would retreated from emerging markets because of their worries that the financial crises in Argentina and Turkey may spread to Brazil and elsewhere. Mr. O'Neill said that this view was a "fashion" and that "we need to retire that fashion like the hula hoop." "With a magnifying glass, you couldn't find a connection between Turkey and Argentina, except maybe in people's minds," and that in a well-managed global system, investors would not pull back from loans in emerging markets simply because of such isolated troubles. ==External links== *[http://courses.wcupa.edu/rbove/eco343/013Compecon/LatinAmerica/Brazil/010725ONeil.txt Aid to Brazil but No Open Hand] 1935 births U.S. Secretaries of the Treasury Paul O'NeillI've got the page references from the Price of Loyalty I want to use where O'Neill talks about "Brandeis briefs", but I don't know how to cite. (pp. 165-169, 306) User:64.185.10.156 16:34, 27 Feb 2004 (UTC) (will be getting handle soon) "Interestingly, O'Neill viewed one of the main problems with the Bush administration as being the lack of debate among senior administration officials on issues about which he felt strongly. He longed for the return of Brandeis briefs where issues were hashed out and sound coherent policy generated, similar to what is used today by Wikipedians to determine the content of this encyclopedia!" ''dopey comment'' - what happened to be kind to the newbies ? I thought it a clever comment. I read the book and I think there is a lot more there than the sound bites heard in the media and on this page. Incidentally I am a lifelong Republican and voted for Bush. Have you read the book? The method of discussion bringing together disparate points of view and hashing it out is the method advocated by O'neill. He complained that he didn't see much of that in the administration, like he had in previous administrations such as the Nixon and Ford administrations. We should get Mr. O'Neill involved in Wikipedia. He's got money - maybe he'll donate to the cause.--anon :It's a bad idea to be self-referential and talk about wikipedia. That's what's dopey. You are welcome to incorporate your post (minus the wikipedia part) into the relevant paragraph where his comments about being in a "room full of deaf people" are discussed - not before that paragraph. --User:JiangUser talk:Jiang 23:57, 26 Feb 2004 (UTC) :point taken - hope this is better - can't find my copy of the book just now but will update with page references later.User:64.185.10.156 14:10, 27 Feb 2004 (UTC) --- One part of this article says that "he resigned in December 2002", another part says "led to his dismissal in 2003". Which is it? Did he resign, or was he fired? Was it in 2002, or 2003? --User:Mprudhom 16:30, 11 Jan 2004 (UTC) :He officially resigned, but was asked to do so. I think he submitted his resignition in 2002, but did not leave his post until 2003. --User:JiangUser talk:Jiang 01:56, 12 Jan 2004 (UTC) Why is this article on the Main Page? There is no specific recent date in this article with current context. Please update this page or I will de-list it from the Main Page. --User:Maveric149 05:14, 14 Jan 2004 (UTC) :For anyone who bothers to read the news, it should be obvious. The first paragraph mentions "January 2004" and links to it as when he became a critic, and the last couple paragraphs explain this criticism. --User:JiangUser talk:Jiang 05:16, 14 Jan 2004 (UTC) ::Assume no such things in readers. Specific context is always needed for any news item. Simply list what day his book was published or what day the Bush Admin counter-attacked. I'm well-aware of the issue and the news about it - but teaching people how to correctly list things on the Main Page is my concern right now - fixing it for them will not teach them as well as them doing it themselves. --mav The point of listing the date is so that readers are not entirely clueless when they come to an article. What we need is ''context'', not a specific date. Although a specific date may be useful, the general month is sufficient. Dumb rules need not be followed. I just scanned the Jan 12 CBS article and found no date. --User:JiangUser talk:Jiang 05:56, 14 Jan 2004 (UTC) :LOL On January 12, 2004 CBS reported... ''There'' is your date. There is also an earlier CBS article (the 10th). --mav We don't care about CBS. Was Jan 12 the first day this story was released? By CBS's posted online news article? It's a waste of the reader's time to read about CBS reporting something when we could avoid mentioning CBS (like is now done in the article). We care only about when O'Neill was interviewed on ''60 Minutes'' (incidentally on CBS) and when his book was released. We are not here to regurgitate news articles. All we have to do is to assume that CBS is telling the truth.--User:JiangUser talk:Jiang 06:39, 14 Jan 2004 (UTC) :Without knowing when and where the info is reported, then how can we find out if the un-named source is telling the truth? When he was interviewed on ''60 Minutes'' is a very important piece of information that ''should'' be in the article. That would establish all the context the reader would need. --mav I don't see what the External Link to a PNAC article has to do with Paul O'Neill himself. I suspect that it talks about the Bush Admin. planning the iraq war before sept 11, but I think it's really off topic. The article is about Paul O'Neill, not about whether the Admin. planned things in advance. I'm deleting it, but if anyone can justify keeping it, please do.User:Dostal 23:59, 11 Jul 2004 (UTC) Paul O'neill#REDIRECT: Paul O'Neill See other meanings of words starting from letter: PPA | PB | PC | PD | PE | PF | PG | PH | PI | PJ | PK | PL | PM | PN | PO | PR | PS | PT | PU | PW | PX | PY | PZ |Words begining with Paul_O\'Neill: Paul_O'Neill Paul_O'Neill Paul_O'neill Paul_O'Neill_(baseball_player) Paul_O'Neill_(baseball_player) |
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