Sacramento Bee (CA), July 8, 2010
Imagine that Barack Obama, upon taking office in January 2009, had decided to deliver on his campaign promise “to end business-as-usual in Washington so we can bring about real change.” Imagine that he rejected the architects of the pro-Wall Street policies that had led to economic collapse – such as Larry Summers, Tim Geithner, and the stable of former Goldman Sachs employees that runs the U.S Treasury Department – and instead appointed Nobel laureate economists Paul Krugman and Joe Stiglitz to key positions including the chair of the Federal Reserve.
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