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Sucking Up to the Bankers, II

September 28th, 2010
Categories: News, Economic, Politics

Link: http://www.thenation.com/article/155055/sucking-bankers-ii

After squandering his first year in office catering to Wall Street, Obama suddenly attempted to shift course. It took a rebellion by Massachusetts’s voters in January 2010 to get him to pay full attention to the failures of his economic program. In the bluest of blue states, the voters who had given Obama a 26 percent plurality in the presidential election the year before spurned his personal entreaty to send another Democrat to fill the seat left vacant by the death of Sen. Ted Kennedy. The message was understood by Obama, who the very next day fundamentally altered his administration’s response to the economic meltdown. Or so it seemed for the moment.

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