Google CEO on Obama tech czar job: No thanks

Google Chief Executive Eric Schmidt said Friday he would not serve as technology czar in Barack Obama's administration if he was asked. "I love working at Google and I'm very happy to stay at Google, so the answer is no," Schmidt said in response to a question from CNBC host Jim Cramer in an appearance on his television show. Schmidt, who was one of the president-elect's most high-profile supporters, was in Chicago Friday as part of Obama's 17-person economic transition economic advisory board. The group met to discuss how to deal with the ongoing financial crisis. Schmidt favors a new stimulus package that is more carefully focused than the previous effort. He said the first stimulus plan was "a bad decision on their part. A much better decision is to give out money that solves some other problem, like infrastructure."