Barack Obama: The Oligarch’s President
I just read an excellent editorial comment written by Charles Ferguson, the director of “Inside Job”, Barack Obama: The Oligarch’s President. He does a superb job of encapsulating all that has gone terribly wrong with the Obama Presidency vis-a-vis Wall Street.
I am constantly asked why my attitude about President Obama changed 180 degrees. Instead of answering that question myself, I can now hand out and forward this piece, at least until Election Day.
Here are a few choice quotes:
“When I first decided to make a documentary about the financial crisis, in late 2008, my biggest question was how to handle Barack Obama. Alas, the answer rapidly became all too clear, as my film “Inside Job” shows in painful detail.”
“When Barack Obama was elected, he had an unprecedented opportunity to shape American history by bringing the country’s new financial oligarchy under control. Elected on a platform of change and renewal by a nation in crisis and with strong majorities in both houses of Congress, his election celebrated throughout the world, Obama could have done great things. Instead, he gave us more of the same. America will be paying for his decision for a very long time.”