Friday, October 12, 2012

Read This Book, Win The Election | The Baseline Scenario:
"In Ms. Bair’s persuasive account, both the George W. Bush and Barack Obama administrations were primarily focused on protecting the large banks. Both administrations consistently ignored the relationship between the need to fix our bloated, free-wheeling financial sector and sustaining our broader economic prosperity. And both administrations paid insufficient attention to the persistent problem of mortgages."

This is essentially the message of Neil Barofsky's book. Also pretty self evident by looking at the actions of both administrations. Is there a new FDR somewhere?

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