4 ms·
It's probably more accurate to say reform was more his marketing hook than his genuine interest in the first place.
by waterlesscloud 11y ago
It's probably more accurate to say reform was more his marketing hook than his genuine interest in the first place.
- rayiner 11y agoWhy?
- AnthonyMouse 11y agoBecause the questions you're asking (reform how?) were as present on the campaign trail as they are now. If you campaign strongly on "flat tax" or "end the drug war" and are elected then you have your mandate. If you campaign on "hope and change" then it creates the problem you're pointing out -- what is that supposed to mean? Change what?
- FD3SA 11y agoBecause he hired Henry Paulson, the ex-CEO of Goldman Sachs who single handedly devised the entire CDO ponzi scheme, as his Treasury Secretary. For those interested, more here: https://www.youtube.com/watch?v=FzrBurlJUNk https://www.youtube.com/watch?v=FzrBurlJUNk Watch the entire documentary, lays it out plain and simple. To this day, not a single prosecution.
- maxerickson 11y agoObama's first appointee to Treasury Secretary was Timothy Geithner. He took over from Paulson 6 days after Obama became president. That delay is maybe slightly unusual, but it hardly makes Obama responsible for the actions that Paulson took 6 months prior (I guess hiring Geithner indicates that Obama didn't have a problem with those actions, as Geithner was also one of the architects of the bailout).