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7 Bumps

Well that's something different

Found a HuffPo piece from today that HASN'T been posted here in the past 10 minutes. Wonder why not?

While it is widely recognized that the banking meltdown has left enormous economic pain and political upheaval in its wake, it is amazing that the folks who created this mess are rewarded with ever more important positions in our government. Yet the recent appointments of Gene Sperling and William Daley, key Wall Street-connected perps of this crisis, to the most critical positions in the Obama White House have not generated much controversy.

The justification for the media's indifference appears to be that the new appointees can hardly be worse than the hustlers they replaced. From its beginning, the Obama administration has been flooded with veterans of the Clinton White House who pushed through the radical deregulation that Wall Street had long sought and were rewarded with fat fees from the big banks when they left government. (more details at link)

It's an interesting question - how exactly does one trust the White House to handle the crisis when they are hiring the very people who tanked the banks in the first place?  And what is the strategy of doing so?  We saw how well "anyone but Bush" worked in that last election - how is "anyone but the last set of crooks" going to work any better?

Answer Question
 
NotPanicking

Asked by NotPanicking at 8:19 PM on Jan. 12, 2011 in Politics & Current Events

Level 51 (421,172 Credits)
Answers (7)
  • We don't post things in this section from the huffopost that isn't in reverence to the PBO administration. This is a surprisingly scathing piece. I did hear PBO say "the Obama tax cuts" in a speech. He now claims the Bush tax cuts that he was in the IL state house when they were passed 10 years ago and spent enormous amount of energy railing against and went to Asia when the vote come up to distance himself. They are now the "Obama tax cuts". Where is an egg timer when you need one? It took about that long. How can you trust and administration that insists on rewriting history on a minute by minute basis? So, it was anyone but Bush, but claim his successes as your own when you don't have one to claim.
    jesse123456

    Answer by jesse123456 at 8:26 PM on Jan. 12, 2011

  • LMAO @ NP!!!


     


    high five

    LoriKeet

    Answer by LoriKeet at 8:45 PM on Jan. 12, 2011

  • Change?

    Anonymous

    Answer by Anonymous at 8:52 PM on Jan. 12, 2011

  • Jesse...

    Who do you mean by "we"?

    You're free to post anything you want, right? Last time i checked Huffpo was a public website, right?

    OP...it's the same thing and demanding something different then voting the same old republicans back in office...not something limited to democrats or the whitehouse.
    UpSheRises

    Answer by UpSheRises at 9:32 PM on Jan. 12, 2011

  • And so it goes...the powerful's day to day running of our Government!!!
    goodwitch399

    Answer by goodwitch399 at 2:43 AM on Jan. 13, 2011

  • Wait a minute. Obama didn't cut anybody's taxes. All that happened was that the cuts were extended. Nothing changed. It's just more of the same. So, how are they "Obama's tax CUTS" when he didn't CUT anything?
    May-20

    Answer by May-20 at 7:54 AM on Jan. 13, 2011

  • Who do you mean by "we"?


    'we' = sarcasm ;) I don't usually post off of a blog that the writer has made it so clear in interviews that she doesn't particularly like the American people. She is funded by Soros. 'Nuff said.

    jesse123456

    Answer by jesse123456 at 5:55 PM on Jan. 13, 2011

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