MOTHER JONES BY E-MAIL

«--Previous Post | Blog Index | Next Post--»

Presidential Candidates Want Foxes Guarding the Henhouse

In his column today, Paul Krugman notes that former Sen. Phil Gramm, a major advocate for de-regulation of the financial services industry and thus one of the two men perhaps most responsible for the current economic crisis, is John McCain's chief economic adviser.

Aside from Gramm, Krugman's main scapegoat is Alan Greenspan, who Sen. Hillary Clinton now wants to appoint to a "an emergency working group on foreclosures" to "recommend new ways to confront the nation's housing finance troubles," according to the Associated Press. Barack Obama, like Clinton, has received oodles of money from Wall Street. Krugman says those donors "surely believe that they’re buying something in return." Let's hope all three candidates are not as beholden to the financial services industry as they seem.






Comments

They are all in the pockets of Wall Street. No surprise for Clinton or McCain, but Obama should know better.

He doesn't. His 'genius' U of C econ advisor that spilled the beans to Canada is the reason Wall Street is comfortable with 'change.'

Posted by: Elydog on 03/24/08 at 12:30 PM  Respond

Post a comment





 

RECENT COMMENTS

Careful, Obama. Humorless Feminists Are Watching (73)
feminist123 wrote: I'm from Illinois and a Hillary Clinton supporter. I suppo... [more]

Black Intelligentsia: Holla If You Hear Obama (32)
Liberal Larry wrote: Roe vs. Wade has nothing to do with a woman's right to cho... [more]

Rising Health Care Costs Killing Wages for Working Americans (2)
Kathy Giannini wrote: I live in France and benefit from their health system. A ... [more]

Kristol: Giving McCain a Pass for Campaigning with an Anti-Islam Bigot (2)
justjoe2 wrote: Those who have not read the whole ssermon but continue to ... [more]

Is it Possible to Take Back an Endorsement? (2)
Robert 0 wrote: Joe Lieberman is the most despicable politician in America... [more]

"Black and More Than Black": Obama's Daring and Unique Speech on Race (272)
Pat wrote: McCain's pastor is a Christian Zionist and we will fight I... [more]

The Three Trillion Dollar War (30)
Cheap XAnax without prescription wrote: thank you... [more]

Wal-Mart Sues Brain Damaged Employee As Reward for Giving Her Health Insurance (87)
Wesley wrote: Walmart Like all company's are all alike, They will tell p... [more]

John McCain Doesn't Know How to Use a Computer (2)
JP wrote: I guess the McCains are a "twofer," because without his wi... [more]

Presidential Candidates Want Foxes Guarding the Henhouse (1)
Elydog wrote: They are all in the pockets of Wall Street. No surprise fo... [more]

XML RSS Feed

Powered by
Movable Type 3.33

Jail.org - Inmate Search
Criminal records, instant public records & people search & current court records. www.jail.org

U.S. Public Records Search
Search County & State Court Records, Criminal records, Vital and Adoption Records www.PublicRecordsInfo.com

Records.com - People Search
Public Records and Background Checks. Instantly Search Criminal Records, Addresses and Court Records www.Records.com

Court Records & County Records
Find Instant Public Records, Criminal Records as Well as County Property Records Search. www.PublicRecordsIndex.com

















bookIN PRINT

CLICK HERE
for more great reading

headphones IN TUNE
New music every issue

CLICK TO LISTEN


This article has been made possible by the Foundation for National Progress, the Investigative Fund of Mother Jones, and gifts from generous readers like you.

© 2008 The Foundation for National Progress

About Us   Support Us   Advertise   Ad Policy   Privacy Policy   Contact Us   Subscribe   RSS