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May 27, 2010


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thank you for pointing me to this article. what i think is striking, if we just take the account at face value, is that Obama thinks that he is getting "the policy right" and not worrying about "optics" or the "politics" of financial reform. Of course this sounds like a load of shit but if these scum bags are really angry at Obama (which would seem plausible given the increasing financial contributions to Republicans) than he may in fact believe that a "moderate bill" one that doesn't change the fundamentals of how Wall Street works, is the right response. Given I assumed Obama to be not only intelligent, but also reasonable, this just baffles me. Perhaps ideology is blinding afterall but my cynicism says he wants to keep receiving financial contributions from Wall Street. In the end it may not matter - we are fucked either way.

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