Thursday, February 5, 2009

Obama blacklists Progressive Economists

David Sirota editorial & Christopher Hayes editorial detail how Obama has shunned Progressive hires for the economic-related cabinet jobs. It would be great is Obama had named Dean Baker, who is not only Progressive, innovative, but most importantly has the benefit of being correct on calling the Nasdaq bubble in 1999 & housing bubble in 2004.

These Obama economists Larry Summers & Timothy Geithner were incompetent in the 1990s & deregulated financial derives. This action made the housing bubble & 2008 Financial ELE worse. Summers & Geithner also Wall Street Welfare Whores.

On economics, it seems that Obama is a Corporate Welfare Whore Lite, ala Bill Clinton.

I sincerely hope that Obama will prove Sirota, Hayes, & myself wrong.

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