The Market Doesn’t Love You
Barack Obama shared some thoughts on the financial crisis on 60 Minutes last night. There were several points he made that I think illustrate his understanding of the situation, which make his plans for the new Public-Private Investment Program all the more frustrating. Obama demonstrated class consciousness when he discussed the public outrage over AIG and their ludicrous, publicly funded bonuses. Certain circles have balked at any efforts to limit executive compensation, seemingly bl
More: continued here
No tags for this post.