Comments on: Obama disappoints on bank reform

By: JJJohnson

JJJohnson — Fri, 22 Jan 2010 22:32:13 +0000

I sense more and more that we are dealing with amateur hour not on one front but on many. The most stinging point made here is that the “President’s statment appears intended to distract public attention from record problems and bonuses on Wall Street, and from his political troubles.” It does appear disingenuous. It comes from far behind the curve, for sure. It’s easy to see that unless Obama changes fundamentally, he’ll be one-term and “the agenda” will be set back very far.

By: jborrow

jborrow — Fri, 22 Jan 2010 21:42:22 +0000

if krugman and reich would replace geithner and bernanke, the administration might be able to “demonstrate a better understanding of the causes of economic crisis and articulate confident solutions for unemployment.”

now, i don’t know how well volcker, krugman, and reich would work together; but that could be a dynamite economics team.

obama, are you listening?

we must get goldman sachs out of government!