Mother Jones questions Messiah's judgment

World renowned paleo-con reich wing skinhead rag Mother Jones deigns to question The One's choice of Jim Leach to ride shotgun with Madeline Notsobright as The One's representatives to the G-20 conference

But let's look at an Obama campaign statement released last March (when he gave a speech on financial regulation) that referred to the Gramm-Leach-Bliley Act:

In the two years before Glass-Steagall was repealed in 1999, financial service industries gave $58 million to congressional campaigns; $87 million to political parties; and spent $163 million lobbying Washington....Nearly a decade later, our financial markets--and everyday Americans--are paying the price.

Paying the price--for a bill that Leach helped to usher through Congress. That's a tough critique....

...But Leach shares responsibility for some of this deregulation and for legislation that Obama has blasted as the handiwork of corporate lobbyists.

posted by Purp at 12:25 AM

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