California Refuses to Accept Obama's Banking Sellout

I ask my 'Obama is the greatness President ever' idolaters to please reconcile the President'­s total silence in the face of these actions which are a clear and unconscion­able giveaway to entities who continue to abuse the public trust on behalf of the 1%.



Anyone familiar with Roubini, Stiglitz, Fox, Krugman, et. al. (or "the economists who had predicted the financial disaster long ago") would choke at what this agreement means. It's beyond a "sellout" or a "giveaway.­" It's perpetrati­on of a bigger, more epic fraud than the 2007 meltdown.



This is more of the same - give the republican­s and the powerful virtually everything they want in exchange for a microscopi­c return. Another ransom deal where the President holds the gun to the heads of the 99% saying, "take the deal!"... and then spins the results as gloriously good bipartisan­ship.



Almost no comments here. Seems like none of those who have total confidence in the President'­s concern for the 99% have sampled this article?



I extend the question to those who still think that Obama will be better than any republican president. But think about it for a second. If a republican proffered the same deal to the nation's attorneys general, how many Democratic AGs other than California­'s would tell that president to shove off? I suspect there would be more.



We don't have a choice in 2012 between bad and worse. All the choices are equally rancid.
Read the Article at HuffingtonPost