Daley is a pro-business Democrat who struggled to fit in at a White House which had become increasingly populist. The philosophies of the two men, Daley and Obama, had grown too far apart to reconcile.
Reaction to Obama's selection of Bill Daley as his chief of staff has been limited to a fairly predictable argument. But beyond the politics, is he a smart choice? I'd say yes. There are four arguments for Daley that are compelling.
Obama once told a meeting of bankers that he was "the only thing standing between you and the pitchforks." Picking Daley sends the message that pitchforks ("normal people") matter less than the uber-wealthy.