The Down Range Forum

Member Section => Down Range Cafe => Topic started by: Dharmaeye on December 13, 2009, 11:20:55 PM

Title: The president has packed his economic team with Wall Street insiders
Post by: Dharmaeye on December 13, 2009, 11:20:55 PM
http://globalresearch.ca/index.php?context=va&aid=16488

What's taken place in the year since Obama won the presidency has turned out to be one of the most dramatic political about-faces in our history. Elected in the midst of a crushing economic crisis brought on by a decade of orgiastic deregulation and unchecked greed, Obama had a clear mandate to rein in Wall Street and remake the entire structure of the American economy.
Title: Re: The president has packed his economic team with Wall Street insiders
Post by: tombogan03884 on December 13, 2009, 11:48:54 PM
He should have let them fail but where do you think his campaign money came from ? Big bankers, George Soros, and Muslim  interests.
Title: Re: The president has packed his economic team with Wall Street insiders
Post by: Pathfinder on December 14, 2009, 05:40:40 AM
And most of the so-called financial experts are from Goldmann-Sachs. That's why GS gets to skate while the other institutions are hammered by Congress, the press and whoever.

I disagree with the "deregulation" assertion as one of the causes however. Gummint intrusion in the private sector is almost (I did say almost) always bad.