"The Obama administration picked Goldman Sachs Group Inc. Vice Chairman Robert Hormats to be the State Department's undersecretary for economic, energy and agricultural affairs, the White House announced Friday. ... He served during the 1970s as an economic adviser in the White House to former national security adviser Zbignew Brzezinski", Jay Solomon at the WSJ, 18 July 2009, link: http://online.wsj.com/article/SB124788062989961233.html.
Quoted without comment.
2 comments:
Oh President Obama... history will record your place as the biggest corporate sellout...
You campaigned as a "change agent" and you sadly changed nothing.
Wall Street has plenty of green shoots and your people are collapsing.
Two choices:
1. Allow the Fed to reignite the credit bubble of consumption
2. Break the stranglehold of the big banks and create an opportunity for real organic growth
You've been taking the easy corporatist path Pres-O... not going to work.
When the credit system freezes up from commercial real estate get the resolution authority through Congress and dismantle Citi, BofA etc.
No the people cannot bear to eat more toxic crap. Make the bondholders eat it.
LOL! "Brzezinski"! Now *that's* a name we can trust!!
Here's the good news, Pop. These people are idiots and they are too narcissistic to see the inherent faults in their stupid little plan. So eventually they get cocky and sloppy and that's when the truth comes out.
If only we can reverse the last 50+ years of mis-education and teach people to PAY ATTENTION.
Oh wait... so maybe we are screwed after all...
Jr
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