Nudging Obama

Formerly "Obama Watch" Keeping the promise of change

Matt Taibbi and RFK Jr. on Obama’s Sellout to Wall Street

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AlterNet

Matt Taibbi and RFK Jr. on Obama’s Sellout to Wall Street

By Matt Taibbi and Robert F. Kennedy, Jr., Go Left TV. Posted January 11, 2010.

Once Obama took office, he sent progressives packing, and filled his cabinet with former Wall Street insiders. This wasn’t the “change” that we were expecting.

During his campaign, Barack Obama surrounded himself with progressive leaders who believed that we could prevent another economic crisis by enforcing tougher regulations for Wall Street. However, once he took office, he sent those progressives packing, and filled his cabinet with former Wall Street insiders who want to keep the system operating out of the scope of the government. This isn’t the “change” that we were expecting, and this is one of the reasons that the president is now facing an uphill battle to win back the votes of his base. Robert F. Kennedy, Jr. talks about the presidents sell out with Matt Taibbi, political correspondent for Rolling Stone magazine.

See more stories tagged with: obama, wall street, matt taibbi, rfk jr

Matt Taibbi is a writer for Rolling Stone.

Robert F. Kennedy, Jr. is a senior attorney for theNatural Resources Defense Council, and author of “Crimes Against Nature.”

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Written by bearmarketnews

January 14, 2010 at 4:35 am

Posted in Uncategorized

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