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After Massachusetts: Obama fakes anti-Wall Street stance

January 25th, 2010
Categories: News, Economic, Politics

Link: http://wsws.org/articles/2010/jan2010/obam-j25.shtml

In a public statement criticizing the major banks Thursday, followed by a speech on jobs in the industrial town of Elyria, Ohio, Friday, President Barack Obama has begun a transparent effort to posture as the defender of the people against corporate interests. In what media pundits and White House insiders have described as a “pivot to populism,” Obama has responded to the shock defeat of the Democratic Party in the US Senate election in Massachusetts with a round of verbal bashing of Wall Street.

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