MainLine Peace Action/DelMont PDA

November 8, 2010

The Problems Was The Banksters

Filed under: economics — Tags: , , , , , , , — Walter Ebmeyer @ 3:14 pm

Galbraith says Obama’s failure was in turning over economic policy to bank-friendly people – Geithner, Summers, Bernanke – who had no interest in Main Street.  So the big banks called all the shots and took home some very nice bonuses.  Sounds about right to us. 

http://www.huffingtonpost.com/james-k-galbraith/obamas-probelm-simply-def_b_779711.html

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November 5, 2010

Obama: Get Tough!

Filed under: economics, elections — Tags: , , , , , , , , — Walter Ebmeyer @ 6:22 am

There are plenty of things Obama can do in the next two years to advance the progressive agenda and get this country going again, and they don’t need congressional help or votes or blessings.  The first thing to do is clean house.  Get rid of people like Tim Geithner who are more concerned with Wall Street than Main Street.  Then use the regulatory powers you already have.  Enforce the new rules for banks.  Make sure the new health law gets going to help sick people. Crack down on oil and coal companies that are wrecking our environment.  Get all the old government agencies ticking again – FEC, FTC, FCC, ICC, EPA .  Be the Commander-in-chief who gets our troops and our treasure out of Iraq and Afghanistan and a thousand bases around the world.  In other words, act more  like the head of the executive branch and less like a prime minister.  Yes you can.