Only Obama has not called for a moratorium and interest-rate freeze. Though he has been a proponent of mortgage fraud legislation in the Senate, he has remained silent on further financial regulations. ... Obama's disappointing foreclosure plan stems from the centrist politics of his three chief economic advisers and his campaign's ties to Wall Street institutions opposed to increased financial regulation. ... Robert Pollin, an economist at the University of Massachussets, believes "these three advisers generally reflect Obama's very moderate economic program, similar to Clintonism."
Showing posts with label financial regulation. Show all posts
Showing posts with label financial regulation. Show all posts
Wednesday, February 6, 2008
Obama the Clintonite
Max Fraser in the Nation isn't happy with Barack:
Labels:
Barack Obama,
Clintonism,
financial regulation,
The Nation
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