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November 13, 2008

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In the two years before Glass-Steagall was repealed in 1999, financial service industries gave $58 million to congressional campaigns; $87 million to political parties; and spent $163 million lobbying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.

Also of interest: Greenpeace executive director calls pre-Messiah period "dark Joe McCarthy era". The obvious difference of course is that McCarthy was trying to feret out reds, not elect them to the highest office in the land.

posted by Purp at 12:25 AM

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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. Also of interest: Greenpeace executive director calls pre-Messiah period "dark Joe McCarthy era". The obvious difference of course is that McCarthy was trying to feret out reds, not elect them to the highest office in the land. posted by Purp at 12:25 AM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments [/i][/b]andycanuck (hovnC)[/s][/u]: "Maral Salmassi @MaralSalmassi Despite claims made ..." jimmymcnulty: "Are Australian pizzas served upside down. Asking ..." Viggo Tarasov: "Hey, that tweezer thing can really pluck someone u ..." Eromero: "322 German police valiantly confiscating a Swiss A ..." 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