Michael Brenner: The Blame Should Be Placed Squarely Where It Belongs: The Oval Office: "
Let's summarize the record. Obama knowingly appointed as his senior officials people who were intimately connected to the old system -- professionally and intellectually. That is one. He exiled Paul Volcker because Volcker had convictions and ideas that ran against the grain of Obama's own thinking. That's two. Obama gave no support to promoters of bankruptcy law reform or a workable program to aid home debtors in risk of foreclosure. That's three. Obama has curried favor with the big boys on Wall Street while savaging the managers of GE and Chrysler. The latter were poor executives but neither dishonest nor calculated schemers at the expense of the public interest. He clearly identifies with the former socially and intellectually. That's four.
"(Via Huffington Blog.)
