Reply #117: That is ridiculous.

[DWilliamsamh]

I really like Obama. I wouldn't vote for a republican over him, for all the tea in china so to speak...but.....

Paul Krugman? You know, the guy who not only wrote Concience of a Liberal but won the Nobel Prize in economics in 2008. Obama probably heard about that. Joseph Siglitz? Either could have been pressed into service. Stiglitz literally campaigned for the job.

The hero worship and refusal to hold him responsible for the things going in the wrong direction (I.E., the appointment of Geithner and (SUMMERS for Christ's sake) was patently stupid - IF he truly thought changing the system was what needed. As the article said, how could you POSSIBLY hope to do that with people marinated and sucked by Wall Street? Every move his economic team has made has has one thing in common: Save the banks. Fuck the banks. Take them over (since they are insolvent) break them up and sell off the smaller entities. Then pass antitrust regulations that will forever keep any company from EVERY gaining the title "too big to fail" ever again.

Democratic administrations shouldn't be in the business of "protecting and defending" huge corporations that patently rape their customers.

These policy decisions are the biggest disappointment I have in Obama's first 10 months in office. I am not a hater. I don't think he has failed. I do have patience but the direction he is striding on these issues is no where near the destination that will help the vast majority of the American people.