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A Presidency in Peril: The Inside Story of Obama's Alliance with Wall Street [View All]

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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-06-10 02:39 PM
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A Presidency in Peril: The Inside Story of Obama's Alliance with Wall Street
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A Presidency in Peril: The Inside Story of Obama's Alliance with Wall Street
Author: Robert Kuttner

Robert Kuttnercofounder and coeditor of The American Prospect magazine, Distinguished Senior Fellow of the think tank Demos, and author of the New York Times best seller Obamas Challenge: Americas Economic Crisis and the Power of a Transformative Presidency, the most prescient political book of 2008has written a new book. A Presidency in Peril: The Inside Story of Obamas Promise, Wall Streets Power, and the Struggle to Control our Economic Future is available now from the Chelsea Green bookstore, from Amazon.com, and booksellers everywhere.

Can Barack Obama redeem his presidency?

Throughout his first year, Obama dismayed many of his most fervent supporters by failing to make a Roosevelt-scale break with the old economic order that brought the economy to crisis. He sought common ground with Republicans who were determined to destroy him. He gave priority to Wall Street over Main Street. The far right began to appropriate the populist anger.

In this definitive account of Obamas first 14 months, best selling author and economic critic Robert Kuttner tells the story of why Obama did not rise to the occasion in 2009, how he filled his administration with the same financial elites that produced the collapseand how Obama can still redeem his presidency and the promise of a new progressive era.

As Kuttner explains, the wake-up call after the Massachusetts senate election and Obamas belated leadership on health reform are just the beginning of a long road back to the hopes that Obama kindled as a candidate. Kuttner concludes by reporting on the interplay of progressive activism on the ground and presidential leadership in the White House.

http://www.chelseagreen.com/content/announcing-a-presid... /



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