TheStatutoryApe said:
My impression has been that these people are advisors, not that they have been given any special authority or power that is generally invested in the president. It would seem they mostly do research and hold meetings with people who represent interests in their specified domain and then take information and findings back to the president to use in making decisions. This allows the office of the president to gather information for decision making purposes on multiple important issues while the president maintains his general responsibilities and a fairly rigorous schedule.
If I am wrong and these people do actually possesses any executive authority then please show me examples, I would like to be enlightened. So far as I have seen though we only have accusations of the president outsourcing his responsibilities and no evidence to back them up.
Here is one example to consider.
http://www.reuters.com/article/newsOne/idUSTRE57G0E820090817
"U.S. pay czar says he can "claw back" exec compensation
Mon Aug 17, 2009 9:11am EDT
By Steve Eder
MARTHA'S VINEYARD, MASSACHUSETTS (Reuters) - Kenneth Feinberg, the Obama administration's pay czar, said on Sunday he has broad and "binding" authority over executive compensation, including the ability to "claw back" money already paid, and he is weighing how and whether to use that power.
Feinberg told Reuters that Citigroup Inc included the contract of energy trader Andrew Hall in submissions due Friday by seven major companies still locked in the federal government's TARP Program.
Feinberg said he hasn't looked at Hall's contract, which reports have said could pay him as much as $100 million this year.
"Whether I have jurisdiction to decide his compensation or not, we will take a look and decide over the next few weeks," Feinberg said after speaking at a public forum in Martha's Vineyard, Massachusetts, part of a newsmaker series hosted by the Martha's Vineyard Times newspaper.
Feinberg has been consulting with seven companies that have yet to pay back money they borrowed from the government, including Citi, American International Group Inc, Bank of America Corp, Chrysler Financial, Chrysler Group LLC, General Motors Co and GMAC Inc.
Those companies faced a deadline of Friday of submitted proposals to Feinberg for their top 25 employees.
Feinberg said on Sunday that decisions he makes will be "binding," but the law limits his power over contracts signed before February 11, 2009.
He also said he has the authority to use a "clawback" provision to go after compensation for executives from any company that received money from the U.S. Treasury's Troubled Asset Relief Progr.am (TARP).
"I have the discretion, conferred upon by Congress, to attempt to recover compensation that has already been paid to executives not only in these companies, but in any company that received federal assistance," Feinberg said during his remarks.
Asked by Reuters if he could use that ability to target a firm like Goldman Sachs Group Inc, which paid back $10 billion in bailout money, Feinberg said: "Anything is possible under the law."
"I can claw back, but we haven't focused on that at all," he said."