View Single Post
Old 04-16-2009, 09:38 PM   #20
Cali Coug
Senior Member
 
Cali Coug's Avatar
 
Join Date: Dec 2005
Posts: 5,996
Cali Coug has a little shameless behaviour in the past
Default

Quote:
Originally Posted by ChinoCoug View Post
Waters is engrossed his usual hyperbole, but Obama's economics team definitely has ties to the oligarchy. This is cause for concern.

Geithner was in charge of overseeing Citigroup and let Citi slip through the cracks.

And you forgot Obama's main economic man Larry Summers. Summers is buddy-buddy with Bob Rubin (Goldman?). And it was Summers who undid Glass-Steagal while working for Clinton. He was a massive de-regulator.

And last but not least, Rahm Immanuel was a billion-dollar investment banker.
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).
Cali Coug is offline   Reply With Quote