Quote:
Originally Posted by ChinoCoug
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.
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"Ties" does not equal "beholden." I find it very amusing that just a month ago, people like Arch were saying that Wall Street clearly hated Obama and his policies because "look at the Dow!" Now the story is that Wall Street is Obama's puppeteer. The truth is much more in the middle of those two extremes.