January 24, 2010

Is it Too Late for Obama to Become a Populist?

We watched feeling helpless as Obama appointed Geithner and let the investment banks off the hook instead of extracting real reform of the financial gambling scheme that Geithner helped create while Chairman of the New York Federal Reserve Bank. I know that's a long sentence, but but the things we've witnessed leave us in shock and awe; in such a state long sentences are symptomatic.

So, now that TIME Magazine says Obama is turning a new leaf, "signal[ing] a new approach" with tough talk toward the banks on financial reform, are we to believe it? Is this just another case of a politician using cheap words?

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1 comment:

libhom said...

Let's keep pushing Obama. It's the only thing that might change his behavior.