Quote:
Originally Posted by Cali Coug
Of course his administration has "ties to the oligarchy." Name a single modern administration that didn't. That doesn't mean that his administration is beholden to the oligarchy or that his election is due to the power of the oligarchy (as Waters claims).
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That was the whole point of the article: Reagan, Clinton, Bush II, and now Obama are beholden to Wall Street. It's alarming when your chief of staff, treasury secretary, and chief economist are all revolving doors.
Obama has taken a big step forward by detaching Wall Street's welfare from main street and by recognizing that finance-led growth cannot lead to true prosperity. But still.
The election business is nonsense, Waters' imagination is quite amazing.