Obama and his Wall Street cronies....

[Barbella]

Directly after the financial crisis erupted, there was an enormous amount of rage at the complex of Wall Street, corporations and Congress. Obama had a unique opportunity to tackle that complex …

Reich: … and he squandered it. Obama should have put far more conditions on the banks that received the bailouts. He should have told them: "You've got to agree to some severe regulations like resurrecting the Glass-Steagall Act" -- which separated investment from commercial banking -- "and you've got to refrain from providing big bonuses for your executives."

SPIEGEL: Why wasn't Obama able to get his way?

Reich: His administration has been too close to Wall Street. Too many Obama administration officials have worked on Wall Street; too many are leaving to go to Wall Street. And Wall Street is simply not attuned to the needs of average working Americans.

http://www.spiegel.de/international...ith-robert-reich-on-us-shutdown-a-926637.html

Oops.

 

[Dawg]

jesse has his back:

 

[Barbella]

Lefties, as usual, thinking "if we ignore it, it'll go away"....LOL

 

[Addy]

No comparison, imo when Starve the beast tactics at their worst are being used by the Koch Bros..Alex..ect wanting to privatize public assets. The GOP sadly being their puppets..

From your read also:
SPIEGEL: There is a lot of chatter about a potential 2016 presidential campaign by Hillary Clinton. Could she be the kind of progressive president that her husband and Obama were not?
Reich: Perhaps. I worked very closely with her over the years.
SPIEGEL: More than that! You even dated her.
Reich: We once went out to see a movie when we both went to law school at Yale. It was one date which I did not even remember until a reporter called me about it a few years ago. But, honestly, I have enormous respect for her. However, she is wise enough to understand that a president can only lead to some extent.
SPIEGEL: Why is that?
Reich: One of the biggest problems in this country is that we are losing the intermediary organizations, such as strong labor unions. They were the backbone of our economic and democratic system, and now just 11 percent of our workforce is still unionized. Instead, we have national parties that are nothing more than fundraising devices -- and officeholders who are constantly out there trying to sell themselves, literally.