But even as he was feigning left, he and his main economic operative, Tim Geithner, were moving right, to kill off amendments that the bankers hated, like Senator Bernie Sanders’s proposal for a deep audit of the Federal Reserve Bank and the Brown-Kaufman Amendment that would have broken up the six biggest banks in America.
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Monday, May 31, 2010
Obama Talks Left To Move Right, As Wall Street Criminals Are Given A Free Pass And Reforms Are Watered Down
by Danny Schechter from Media Channel. The author writes about the latest political theater that is an ongoing production in Washington DC. The stars of this latest show called "financial reform" are Obama and Geithner.