Friday, July 09, 2010

Washington Still Has Problems With Democracy in Latin America

Mark Weisbrot
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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