General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMore Of THIS Please: Obama responds to Romney’s craven defense of his fellow One Percenters
* Today Romney denounced the Cordray appointment as Chicago style politics at its worst. The Obama campaign responds:
Mitt Romney today stood with predatory lenders and Republicans in Congress over the middle class. He doubled down on his promise to eliminate the Wall Street watchdog and allow Wall Street to write its own rules again, leaving consumers vulnerable to hidden fees, financial traps and excessive risk taking that will hit their pocketbooks. Governor Romney has made clear he has not learned the lessons of the economic crisis, instead, hes giving the most irresponsible financial actors a bright green light to pursue profit at any cost to communities across America.
More:
http://www.washingtonpost.com/blogs/plum-line/post/happy-hour-roundup/2012/01/04/gIQAM22IbP_blog.html
via:
http://www.balloon-juice.com/2012/01/05/more-of-this-please-17/
liberal N proud
(60,334 posts)That is where he likes to be and that is where he is fierce.
TheWraith
(24,331 posts)...DADT gone, the recovery act, Wall Street reform, and all the other things passed through Congress. Deal-making is, sometimes, necessary.
gratuitous
(82,849 posts)Because the inevitable conclusion would have been, "And that's my job."
The worst actors on Wall Street have gone largely unpunished by the SEC and the Department of Justice, and nobody (and this includes Congress) has put any strings on the bailouts. The same greedheads who brought the financial system to the brink of collapse are still running things, amassing huge compensation packages, and hoping against hope that their rickety financial dealings don't fall apart again. At least not for another week/month/quarter/year when they'll take their swag and skedaddle. Instead, we get "austerity" measures designed to punish those on the financial margins because the half of America that's either in poverty or within spitting distance of poverty just has it too good.